GANDHITUBE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Gandhi Special Tubes Limited reported audited financial results for FY26 with revenue from operations of Rs. 19,177.02 Lakhs, up 11.14% from Rs. 17,253.68 Lakhs in FY25. Profit after tax stood at Rs. 6,836.43 Lakhs, representing 16.51% growth compared to Rs. 5,867.41 Lakhs in the previous year. EPS improved to Rs. 56.26 from Rs. 48.24. The Board approved a share buyback of up to 8,68,100 shares (7.14% of paid-up capital) at Rs. 900 per share, totaling up to Rs. 78.12 Crore. A dividend of Rs. 15 per share (300%) was also recommended, subject to shareholder approval at the AGM scheduled for August 12, 2026. Statutory auditors issued an unmodified (clean) opinion on the financial statements.
The company delivered steady double-digit growth in both revenue and profitability. The proposed share buyback at a significant premium to face value signals management confidence in the company's intrinsic value. Shareholders can expect additional returns through the buyback and dividend, though the impact on stock price will depend on market conditions.