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GANDHITUBE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Gandhi Special Tubes Ltd published its audited financial results for Q4 and FY26 ended March 31, 2026. Total income for FY26 stood at ₹20,361.49 Lakhs vs ₹22,058.88 Lakhs in FY25, showing a decline. Net profit after tax for the full year was ₹6,836.43 Lakhs compared to ₹8,039.09 Lakhs in the prior year. EPS for FY26 came in at ₹56.26 per share. Q4 standalone net profit after tax was ₹936.48 Lakhs. The Board recommended a dividend of ₹15 per share (300%) and announced a share buyback of up to 8,68,100 shares at ₹900 per share (totaling ₹7,812.90 Lakhs), both subject to shareholder approval at the AGM. An exceptional item of ₹118.12 Lakhs was recognised due to gratuity and leave liabilities under new Labour Codes.
While revenue and profit declined year-on-year, the company is rewarding shareholders with a 300% dividend and a significant buyback programme. The buyback at ₹900 per share implies a premium to current market price, which is positive for shareholders.