Gandhi Special Tubes (NSE:GANDHITUBE) 3-Year ROIIC % : 9.57% (As of Mar. 2026) — 25% Below Median

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Director of Data and Quant Analytics at GuruFocus
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NSE:GANDHITUBE Gandhi Special Tubes Ltd NSE:GANDHITUBE
91 GF Score
Price ₹898.25
GF Value ₹925.11
Valuation Fairly Valued
! 1 Warning Sign
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What is Gandhi Special Tubes 3-Year ROIIC %?

Gandhi Special Tubes NSE:GANDHITUBE -0.54% 91 3-Year ROIIC % is 9.57 as of Mar. 2026, which is 25% below its 10-year median of 12.76. GuruFocus rates NSE:GANDHITUBE with a GF Score™ of 91/100 and a GF Value™ of ₹925.11 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,933 Industrial Products companies, Gandhi Special Tubes ranks better than 61.34% on this metric.

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Gandhi Special Tubes's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 9.57%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Gandhi Special Tubes's 3-Year ROIIC % or its related term are showing as below:

NSE:GANDHITUBE's 3-Year ROIIC % is ranked better than
61.34% of 2933 companies
in the Industrial Products industry
Industry Median: 3.52 vs NSE:GANDHITUBE: 9.57

Gandhi Special Tubes  (NSE:GANDHITUBE) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Gandhi Special Tubes 3-Year ROIIC % Related Terms


Gandhi Special Tubes 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Gandhi Special Tubes's 3-Year ROIIC % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Gandhi Special Tubes 3-Year ROIIC % Chart

Gandhi Special Tubes Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.94 170.64 13.41 10.17 9.57

Gandhi Special Tubes Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 9.57 0.00

NSE:GANDHITUBE vs ATI, CRS, MLI: 3-Year ROIIC % Comparison

For the Metal Fabrication subindustry, Gandhi Special Tubes's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gandhi Special Tubes 3-Year ROIIC % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gandhi Special Tubes's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Gandhi Special Tubes's 3-Year ROIIC % falls into.


NSE:GANDHITUBE
91GF Score
Gandhi Special Tubes Ltd NSE:GANDHITUBE
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gandhi Special Tubes 3-Year ROIIC % Calculation

Gandhi Special Tubes's 3-Year ROIIC % for the quarter that ended in Mar. 2026 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 602.4169164 (Mar. 2026) - 433.575894 (Mar. 2023) )/( 3201.672 (Mar. 2026) - 1436.672 (Mar. 2023) )
=168.8410224/1765
=9.57%***

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 9.57 mean?
Gandhi Special Tubes (NSE:GANDHITUBE) has a 3-Year ROIIC % of 9.57 as of Mar. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Gandhi Special Tubes and its competitors. This is 25% below median its historical median of 12.76. According to the industry distribution chart, Gandhi Special Tubes ranks #1134 out of 2933 companies in the Industrial Products industry, placing it in the top 38.7%.
Is Gandhi Special Tubes' 3-Year ROIIC % too high?
Gandhi Special Tubes' current 3-Year ROIIC % of 9.57 is 25% below median its 10-year median of 12.76. The Industrial Products industry median 3-Year ROIIC % is 3.52. Gandhi Special Tubes' value of 9.57 is 171.9% above this industry median. Based on the distribution chart, Gandhi Special Tubes ranks #1134 out of 2933 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Gandhi Special Tubes has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gandhi Special Tubes' 3-Year ROIIC % compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Gandhi Special Tubes ranks #1134 out of 2933 companies for 3-Year ROIIC %. This puts Gandhi Special Tubes in the upper half of its industry. The industry median 3-Year ROIIC % is 3.52. Gandhi Special Tubes' value of 9.57 is 171.9% above this benchmark. While the company's 10-year median is 12.76 vs. the industry median of 3.52, Gandhi Special Tubes has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for an Industrial Products company?
The median 3-Year ROIIC % among Industrial Products companies is 3.52, based on 2,933 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gandhi Special Tubes's current 3-Year ROIIC % of 9.57 is 171.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Gandhi Special Tubes and its competitors. For the Industrial Products industry, the median 3-Year ROIIC % is 3.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gandhi Special Tubes's current 3-Year ROIIC % is 9.57, which is 25% below median its own 10-year median of 12.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gandhi Special Tubes stock overvalued right now?
Based on GuruFocus' analysis, Gandhi Special Tubes (NSE:GANDHITUBE) is currently considered Fairly Valued. The stock's GF Value™ is ₹925.11, compared to a current price of ₹898.25 — trading 2.9% below its estimated fair value. The current 3-Year ROIIC % is 9.57, which is 25% below median its 10-year median of 12.76 and 171.9% above the Industrial Products industry median of 3.52. Gandhi Special Tubes' overall GF Score™ is 91/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Gandhi Special Tubes (NSE:GANDHITUBE), the current 3-Year ROIIC % is 9.57 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Gandhi Special Tubes (NSE:GANDHITUBE) Overvalued in 2026?

Based on GuruFocus' analysis, Gandhi Special Tubes stock appears to be undervalued. The current stock price of ₹898.25 is trading 2.9% below its estimated GF Value™ of ₹925.11. GuruFocus considers Gandhi Special Tubes to be Fairly Valued.

Key valuation signals for NSE:GANDHITUBE:

  • 3-Year ROIIC %: 9.57 (25% below median its 10-year median of 12.76)
  • GF Value™: ₹925.11 vs. price of ₹898.25 (2.9% below fair value)
  • GF Score™: 91/100 with 1 warning sign
  • Industry Position: 171.9% above the Industrial Products median (#1134 of 2933)

No single metric tells the full story. See the NSE:GANDHITUBE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gandhi Special Tubes Business Description

Other Exchanges 513108:India
Address 55 Hughes Road, 201-204, Plaza, 2nd Floor, Next to Dharam Palace, Mumbai, MH, IND, 400007
Gandhi Special Tubes Ltd manufactures and markets welded and seamless steel tubes of different sizes and specifications, and cold-formed coupling nuts. The company is involved in manufacturing automobile components, cold-formed tube nuts for fuel injection tube assemblies, hydraulic and other tube assemblies. Its products include Welded Tubes, Seamless Tubes, Wind Power, and Cold Formed Nuts. Products of the firm are supplied to the original equipment manufacturers of the automotive sector, farm equipment manufacturers, construction equipment manufacturers, refrigerator manufacturers, and other engineering industries. It also operates in the power sector through windmills installed in Maharashtra and Gujarat.
91GF Score

Get the complete analysis for NSE:GANDHITUBE

3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹898.25
Price
₹925.11
GF Value