GANDHITUBE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Gandhi Special Tubes Limited reported strong FY2025-26 results with total income of Rs. 20,361.49 Lakhs (up 10.4% from Rs. 18,443.40 Lakhs) and profit after tax of Rs. 6,836.43 Lakhs (up 16.5% from Rs. 5,867.41 Lakhs). The Board recommended a dividend of Rs. 15 per share (300% on Rs. 5 face value) and proposed a share buyback of up to 8,68,100 equity shares (7.14% of paid-up capital) at Rs. 900 per share, aggregating Rs. 78.13 Crore. The buyback will be via tender offer route subject to shareholder approval. Statutory auditors issued an unmodified (clean) opinion on the financial results. Additionally, Mr. Manoj Bhupatrai Gandhi was appointed as Additional Director and Mr. Rohan Rana as General Manager-Plant Head.
Positive signals for shareholders: strong profit growth, generous 300% dividend, and a buyback at a significant premium. The clean audit opinion reinforces financial reliability.