Garware Tech

how big is Garware Tech?

As of Jun 06, Garware Technical Fibres Ltd has a market capitalization of 8,935.42 Cr, with net sales of 1540.11 Cr and a net profit of 231.55 Cr for the latest four quarters. The company has shareholder's funds of 1,233.86 Cr and total assets of 1,771.00 Cr as of the latest annual period ending in Mar'24.

Market Cap: As of Jun 06, Garware Technical Fibres Ltd has a market capitalization of 8,935.42 Cr, categorizing it as a Mid Cap company.<BR><BR>Recent Quarterly Performance: For the latest four quarters, Garware Technical Fibres Ltd reported net sales of 1540.11 Cr and a net profit of 231.55 Cr. This data is consolidated.<BR><BR>Balance Sheet Snapshot: This is consolidated data for the latest annual period ending in Mar'24. The company has shareholder's funds amounting to 1,233.86 Cr and total assets of 1,771.00 Cr.

When is the next results date for Garware Tech?

No Upcoming Board Meetings

What is the bonus history of the Garware Tech?

Garware Technical Fibres Ltd announced a 4:1 bonus issue, with an ex-date of January 3, 2025, meaning shareholders will receive four additional shares for every one share they own as of that date.

Garware Technical Fibres Ltd has a recent bonus issue history that includes a 4:1 bonus announcement. The ex-date for this bonus is set for January 3, 2025. This means that shareholders will receive four additional shares for every one share they own as of this date. If you have any more questions about the company or its financial activities, feel free to ask!

Has Garware Tech declared dividend?

Garware Technical Fibres Ltd has declared a 30% dividend, amounting to ₹3 per share, with an ex-date of September 12, 2024. While recent total returns have varied, the company has shown significant growth over the past five years, with a total return of 233.09%.

Garware Technical Fibres Ltd has declared a 30% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 30%<BR>- Amount per share: 3<BR>- Ex-date: 12 Sep 24<BR><BR>Dividend Yield: 0.07%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -6.33%, with a dividend return of 0%, resulting in a total return of -6.33%.<BR><BR>Over the past year, the price return was 23.15%, the dividend return was 0.37%, leading to a total return of 23.52%.<BR><BR>In the 2-year period, the price return was 45.3%, the dividend return was 1.02%, which resulted in a total return of 46.32%.<BR><BR>For the 3-year period, the price return was 42.54%, the dividend return was 2.36%, culminating in a total return of 44.9%.<BR><BR>In the last 4 years, the price return was 55.86%, with a dividend return of 2.31%, resulting in a total return of 58.17%.<BR><BR>Over the past 5 years, the price return was 227.36%, with a dividend return of 5.73%, leading to a total return of 233.09%.<BR><BR>Overall, Garware Technical Fibres Ltd has declared a dividend, and while the recent total returns show variability, the long-term returns indicate significant growth, particularly in the 5-year period.

Is Garware Tech overvalued or undervalued?

As of April 24, 2020, Garware Tech is considered very expensive with a PE ratio of 38.83 and other high valuation metrics, indicating it is overvalued compared to its peers in the garments and apparel sector, despite a recent 1-year return of 10.84%.

As of 24 April 2020, the valuation grade for Garware Tech moved from expensive to very expensive, indicating a significant shift in its perceived value. The company is currently overvalued based on its high valuation metrics. Key ratios include a PE ratio of 38.83, an EV to EBITDA of 27.91, and a PEG ratio of 2.81, all of which suggest that the stock is trading at a premium compared to its earnings growth potential.<BR><BR>In comparison to its peers, Garware Tech's PE ratio is notably higher than the industry average, which raises concerns about its valuation. For instance, while Garware Tech has a PE of 38.83, other companies in the garments and apparel sector may be trading at lower multiples, indicating that Garware Tech may not be justified in its current pricing. Additionally, despite a strong recent performance with a 1-year return of 10.84% compared to the Sensex's 7.60%, the overall valuation metrics suggest that investors should exercise caution before entering or holding positions in Garware Tech.

Who are the peers of the Garware Tech?

Garware Tech's peers include Trident, Vardhman Textile, Welspun Living, Alok Industries, Aditya Birla Fashion, Arvind Ltd, Raymond Lifestyle, Pearl Global Industries, Gokaldas Exports, and V2 Retail. In terms of management risk, Garware Tech has good management, while its 1-year return is 21.28%, higher than Aditya Birla Fashion but lower than Pearl Global Industries at 88.62%.

Peers: The peers of Garware Tech are Trident, Vardhman Textile, Welspun Living, Alok Industries, Aditya Bir. Fas., Arvind Ltd, Raymond Lifestyl, Pearl Global Ind, Gokaldas Exports, and V2 Retail.<BR><BR>Quality Snapshot: Excellent management risk is observed at Pearl Global Ind and Welspun Living, while Good management risk is found at Garware Tech, Vardhman Textile, and the rest. Average management risk is noted at Trident, Aditya Bir. Fas., Arvind Ltd, and Gokaldas Exports, while Below Average management risk is seen at Raymond Lifestyl. Alok Industries does not qualify for management risk assessment. In terms of Growth, Excellent growth is seen at Pearl Global Ind, while Average growth is noted at Garware Tech, and the rest. Below Average growth is observed at Trident, Vardhman Textile, Welspun Living, Aditya Bir. Fas., Arvind Ltd, and Gokaldas Exports. Alok Industries does not qualify for growth assessment. For Capital Structure, Excellent capital structure is found at Garware Tech, Good at Trident, Vardhman Textile, and the rest, while Average capital structure is noted at Welspun Living, Arvind Ltd, Gokaldas Exports, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Pearl Global Ind at 88.62%, while the lowest is Aditya Bir. Fas. at -76.96%. Garware Tech's 1-year return is 21.28%, which is significantly higher than Aditya Bir. Fas. and lower than Pearl Global Ind. Additionally, Alok Industries, Aditya Bir. Fas., and Raymond Lifestyl have negative six-month returns.

Who are in the management team of Garware Tech?

As of March 2023, the management team of Garware Tech includes V R Garware (Chairman/Executive Director), Mayuri Vayu Garware (Non-Executive Director), and five Independent Non-Executive Directors: R M Telang, S P Kulkarni, S S Rajpathak, and Mallika Sagar. This diverse team guides the company's governance and strategy.

As of March 2023, the management team of Garware Tech includes the following individuals:<BR><BR>1. V R Garware - Chairman / Executive Director<BR>2. Mayuri Vayu Garware - Non Executive Director<BR>3. R M Telang - Independent Non Executive Director<BR>4. S P Kulkarni - Independent Non Executive Director<BR>5. S S Rajpathak - Independent Non Executive Director<BR>6. Mallika Sagar - Independent Non Executive Director<BR><BR>This team comprises a mix of executive and independent directors, contributing to the governance and strategic direction of the company.

What does Garware Tech do?

Garware Technical Fibres Ltd is a mid-cap manufacturer of technical textiles, with net sales of ₹4,326 Cr and a net profit of ₹711 Cr for the quarter ending March 2025. The company, established in 1976, has a market cap of ₹9,225 Cr and key metrics including a P/E ratio of 40.00 and a return on equity of 18.65%.

Overview:<BR>Garware Technical Fibres Ltd is a leading manufacturer of technical textiles in the garments and apparels industry, categorized as a mid-cap company.<BR><BR>History:<BR>Incorporated on 1st April 1976 in Mumbai, Garware Technical Fibres Ltd has been operational for several decades. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 4,326 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 711 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: INR 9,225 Cr (Mid Cap)<BR><BR>Key Metrics:<BR>- P/E: 40.00<BR>- Industry P/E: 23<BR>- Dividend Yield: 0.07%<BR>- Debt Equity: -0.08<BR>- Return on Equity: 18.65%<BR>- Price to Book: 7.38<BR><BR>Contact Details:<BR>Address: Plot No 11 Block D-1, MIDC Chinchwad Pune Maharashtra : 411019<BR>Tel: 91-20-30780000<BR>Email: pune_admin@garwareropes.com<BR>Website: http://www.garwarefibres.com

Who are the top shareholders of the Garware Tech?

The top shareholders of Garware Tech include promoters, with Garware Capital Markets Limited holding 17.97%, mutual funds at 10.11%, foreign institutional investors at 9.8%, and individual investors at 20.16%. The highest public shareholder is Kotak Small Cap Fund, with a 5.21% stake.

The top shareholders of Garware Tech include a mix of promoters, mutual funds, foreign institutional investors (FIIs), and individual investors. The majority shareholders are the promoters, with Garware Capital Markets Limited holding the highest stake at 17.97%. Mutual funds collectively hold 10.11% through 12 schemes, while FIIs account for 9.8% with 103 different investors. The highest public shareholder is Kotak Small Cap Fund, which has a holding of 5.21%. Additionally, individual investors hold a significant portion at 20.16%.

Is Garware Tech technically bullish or bearish?

As of 27 October 2025, Garware Tech's technical trend has shifted to a bearish stance, supported by bearish MACD and moving averages, along with mildly bearish Bollinger Bands and Dow Theory indicators.

As of 27 October 2025, the technical trend for Garware Tech has changed from mildly bearish to bearish. The current technical stance is bearish with moderate strength. Key indicators driving this stance include a bearish MACD on the weekly chart, bearish moving averages on the daily chart, and a bearish KST on the weekly chart. Additionally, both the weekly and monthly Bollinger Bands are indicating a mildly bearish trend. The Dow Theory shows no trend on the weekly but is mildly bearish on the monthly, further supporting the bearish outlook.

Are Garware Tech latest results good or bad?

Garware Technical Fibres' latest results are concerning, with a 51.5% year-on-year decline in net profit and a significant drop in revenue and operating margins. Overall, these results indicate serious operational challenges, leading to a "STRONG SELL" rating.

The latest results for Garware Technical Fibres are concerning. In the second quarter of FY26, the company reported a net profit of ₹31.99 crore, which is a significant decline of 51.50% year-on-year and down 39.74% from the previous quarter. Revenue also fell to ₹347.90 crore, marking a 17.28% decrease year-on-year and a 5.26% drop sequentially.<BR><BR>Operating margins have compressed to 13.92%, the lowest in eight quarters, which indicates serious challenges in maintaining profitability. The PAT margin has also decreased sharply to 9.20%, down 645 basis points from the previous year. Overall, these results reflect fundamental operational difficulties rather than temporary setbacks, leading to a negative outlook for the company's performance.<BR><BR>Given these factors, the results can be characterized as bad, and the company is currently rated as a "STRONG SELL" based on its deteriorating financial trends and expensive valuations.

How has been the historical performance of Garware Tech?

Garware Tech has shown consistent growth in net sales and profitability, with net sales increasing from 953.09 Cr in Mar'20 to 1,540.11 Cr in Mar'25, and profit after tax rising from 140.53 Cr to 231.55 Cr in the same period. The company also improved its cash flow and maintained a stable balance sheet.

Answer:<BR>The historical performance of Garware Tech shows a consistent growth trend in net sales and profitability over the years.<BR><BR>Breakdown:<BR>Garware Tech's net sales have increased from 953.09 Cr in Mar'20 to 1,540.11 Cr in Mar'25, reflecting a strong upward trajectory. The total operating income has similarly risen, reaching 1,540.11 Cr in Mar'25 compared to 953.09 Cr in Mar'20. The company's operating profit (PBDIT) has also shown significant growth, moving from 177.51 Cr in Mar'20 to 356.83 Cr in Mar'25. Profit before tax has increased from 178.86 Cr in Mar'20 to 308.46 Cr in Mar'25, while profit after tax has risen from 140.53 Cr to 231.55 Cr in the same period. The earnings per share (EPS) have grown from 64.23 in Mar'20 to 23.33 in Mar'25, indicating improved profitability per share. On the balance sheet, total assets increased from 1,190.54 Cr in Mar'20 to 1,756.62 Cr in Mar'25, while total liabilities have also risen from 1,190.54 Cr to 1,756.62 Cr, with total debt decreasing from 132.86 Cr in Mar'23 to 61.42 Cr in Mar'25. Cash flow from operating activities has improved significantly, reaching 218 Cr in Mar'24, up from 109 Cr in Mar'20, and the closing cash and cash equivalents increased to 149 Cr in Mar'24 from 32 Cr in Mar'21. Overall, Garware Tech has demonstrated robust growth in sales, profits, and cash flow, alongside a stable balance sheet.

Should I buy, sell or hold Garware Technical Fibres Ltd?

Why is Garware Technical Fibres Ltd falling/rising?

As of 31-Jan, Garware Technical Fibres Ltd's stock price is rising to 657.80, reflecting a short-term increase despite a significant long-term decline of -18.01% over the past year and decreasing investor participation. The current rise may not be sustainable given the company's low growth rates and reduced institutional confidence.

As of 31-Jan, Garware Technical Fibres Ltd's stock price is rising, currently at 657.80, reflecting an increase of 15.3 (2.38%). This rise can be attributed to its performance today, where it outperformed the sector by 1.26% and reached an intraday high of Rs 658.1, marking a 2.43% increase. Additionally, the stock is currently trading higher than its 5-day and 20-day moving averages, which may indicate short-term positive momentum.<BR><BR>However, it is important to note that while the stock is experiencing a short-term rise, it has faced significant challenges in the longer term. Over the past year, Garware Technical Fibres Ltd has generated a return of -18.01%, indicating a substantial decline in value. The company's net sales and operating profit growth rates over the last five years are relatively low at 10.51% and 10.90%, respectively, which raises concerns about its long-term growth prospects.<BR><BR>Moreover, there has been a notable decrease in investor participation, with delivery volume falling by -52.06% against the 5-day average. Institutional investors have also reduced their stake by -1.53% in the previous quarter, which could suggest a lack of confidence in the company's future performance.<BR><BR>In summary, while Garware Technical Fibres Ltd is currently experiencing a rise in stock price due to short-term performance metrics, the underlying long-term challenges and declining investor participation may overshadow this upward movement.

Which are the latest news on Garware Tech?