how big is Garware Synth?

As of Jun 04, Garware Synthetics Ltd has a market capitalization of 13.00 Cr, with net sales of 10.74 Cr and a net profit of 0.01 Cr over the latest four quarters. The standalone balance sheet shows shareholder's funds at -2.08 Cr and total assets at 14.35 Cr.

As of Jun 04, Garware Synthetics Ltd has a market capitalization of 13.00 Cr, categorizing it as a Micro Cap company.<BR><BR>As of Jun 04, the company reported a sum of Net Sales for the latest 4 quarters amounting to 10.74 Cr and a sum of Net Profit of 0.01 Cr. This data is based on Standalone financials.<BR><BR>As of Mar 24, the Standalone balance sheet shows Shareholder's Funds at -2.08 Cr and Total Assets at 14.35 Cr.

Who are in the management team of Garware Synth?

As of March 2022, the management team of Garware Synth includes Santosh Borkar (Executive Director), Sunder Kocha Moolya (Whole-time Director), Kirti B Doshi, Shilpa Parab, and Sandip Pawar (Independent Directors), Swati Shah (Company Secretary & Compliance Officer), and Deepak Pandurang Kamble (Executive Director). They oversee the company's operations and strategic direction.

As of March 2022, the management team of Garware Synth includes the following individuals:<BR><BR>1. Santosh Borkar - Executive Director<BR>2. Sunder Kocha Moolya - Whole-time Director<BR>3. Kirti B Doshi - Independent Director<BR>4. Shilpa Parab - Independent Director<BR>5. Sandip Pawar - Independent Director<BR>6. Swati Shah - Company Secretary & Compliance Officer<BR>7. Deepak Pandurang Kamble - Executive Director<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

Has Garware Synth declared dividend?

No Dividend History Available

Who are the peers of the Garware Synth?

Garware Synth's peers include Redington, MMTC, MSTC, Ravindra Energy, New Light Appare, Omansh Enterprises, Mitshi India, and Risa International. Among them, Ravindra Energy has the highest 1-year return at 141.63%, while MSTC has the lowest at -39.89%.

Peers: The peers of Garware Synth are Redington, MMTC, MSTC, Ravindra Energy, New Light Appare, Omansh Enterpri., Mitshi India, Risa Internatio.<BR><BR>Quality Snapshot: Excellent management risk is observed at Redington, while Average management risk is found at MMTC and MSTC, and the rest have Below Average management risk. Growth is Excellent at Redington, Below Average at MMTC, MSTC, and the rest, while Capital Structure is Excellent at MSTC, Good at Redington, and Below Average at MMTC and the rest.<BR><BR>Return Snapshot: Ravindra Energy has the highest 1-year return at 141.63%, while MSTC has the lowest at -39.89%. Garware Synth's 1-year return is 35.09%, which is significantly higher than MSTC's but lower than Ravindra Energy's. Additionally, peers such as MSTC, New Light Appare, Mitshi India, and Risa Internatio. have negative six-month returns.

Is Garware Synth overvalued or undervalued?

As of April 25, 2023, Garware Synth is considered overvalued and risky due to its negative financial metrics, including a PE ratio of -12.43 and a year-to-date stock decline of 29.54%, significantly underperforming compared to the Sensex.

As of 25 April 2023, the valuation grade for Garware Synth has moved from does not qualify to risky. Based on the analysis, the company appears to be overvalued given its negative PE ratio of -12.43, a price-to-book value of -6.28, and an EV to EBIT of -23.01. The company's financial metrics indicate significant distress, particularly with a return on capital employed (ROCE) of -3.37% and a negative return on equity (ROE) due to a negative book value.<BR><BR>In comparison to peers, Garware Synth's valuation stands out unfavorably against K P R Mill Ltd, which has a PE ratio of 47.51, and Trident, with a PE of 42.6, both categorized as very expensive. Additionally, the company's recent stock performance has lagged behind the Sensex, particularly year-to-date, where it has declined by 29.54% compared to the Sensex's gain of 5.61%. Overall, Garware Synth is deemed overvalued in the current market context.

What is the technical trend for Garware Synth?

As of June 5, 2025, Garware Synth's technical trend is mildly bearish, supported by bearish MACD, Bollinger Bands, and moving averages, with no strong buying or selling pressure indicated by the RSI.

As of 5 June 2025, the technical trend for Garware Synth has changed from bearish to mildly bearish. The weekly MACD remains bearish, while the monthly MACD is mildly bearish, indicating a slight improvement in momentum. The RSI shows no signal on both weekly and monthly time frames, suggesting a lack of strong buying or selling pressure. Bollinger Bands are bearish on both weekly and monthly charts, reinforcing the negative outlook. Daily moving averages are bearish, and the KST is bearish weekly but mildly bearish monthly, indicating a mixed short-term view. Dow Theory indicates a mildly bearish stance on the weekly chart, with no trend on the monthly. Overall, the current stance is mildly bearish, driven primarily by the bearish indicators in MACD, Bollinger Bands, and moving averages.

What does Garware Synth do?

Garware Synthetics Ltd is a micro-cap company specializing in Nylon Monofilaments and related products, with a market cap of INR 15 Cr. As of March 2025, it reported net sales of 28 Cr and a net profit of 0 Cr.

Overview: <BR>Garware Synthetics Ltd is a micro-cap company operating in the Trading & Distributors industry, specializing in the manufacture of Nylon Monofilaments, Bristles, Fishing Line, and PP Bristles.<BR><BR>History: <BR>Incorporated in September 1969 by Shri B.D. Garware, the company became a pioneer in India in its field. The latest quarterly results reported net sales and net profit for March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 28 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 15 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 15 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -5.34 <BR>Return on Equity: 12.63% <BR>Price to Book: -7.58<BR><BR>Contact Details: <BR>Address: Manish Textiles Indl Premises, Penkar Pada Mira Road (East) Thane Maharashtra : 401104 <BR>Tel: 91-022-28457763 <BR>Email: garware.synthetic@gmail.com <BR>Website: http://www.garwaresyn.com

Who are the top shareholders of the Garware Synth?

The top shareholder of Garware Synth is Nihal Chandrakant Garware, with a 39.16% stake, followed by Niche Financial Services Pvt Ltd at 3.85%. Individual investors own 41.37%, and there are no pledged promoter holdings or mutual funds/foreign institutional investors involved.

The top shareholders of Garware Synth include Nihal Chandrakant Garware, who holds the largest stake at 39.16%. Additionally, the highest public shareholder is Niche Financial Services Pvt Ltd, with a holding of 3.85%. Individual investors collectively own 41.37% of the company. Notably, there are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors holding shares.

Are Garware Synth latest results good or bad?

Garware Synthetics' latest results show a mixed performance: while operating profit and earnings per share improved, the company faced a decline in annual operating cash flow and a 2.62% decrease in net sales year-over-year, indicating both positive profitability trends and ongoing challenges.

Garware Synthetics' latest results present a mixed picture. On one hand, the company achieved its highest operating profit in the last five quarters, with operating profit (PBDIT) reaching Rs 0.25 crore and profit before tax (PBT) also peaking at Rs 0.12 crore. This indicates a positive trend in profitability, and the earnings per share (EPS) rose to Rs 0.21, which is a good sign for shareholders.<BR><BR>However, there are some concerns as well. The company experienced a decline in annual operating cash flow, which fell to Rs 0.04 crore, marking the lowest level in three years. Additionally, while net sales showed a slight improvement in growth direction compared to the previous year, they still reported a decrease of 2.62% year-over-year.<BR><BR>Overall, while there are positive developments in profitability metrics, the decline in cash flow and net sales growth suggests that there are challenges that the company needs to address. Thus, the results can be seen as good in terms of profitability but concerning in terms of cash flow and sales performance.

When is the next results date for Garware Synth?

The next results date for Garware Synth is 12 November 2025.

The next results date for Garware Synth is scheduled for 12 November 2025.

How has been the historical performance of Garware Synth?

Garware Synth has faced financial challenges, with consistent negative shareholder equity and zero operational cash flow over the past six years, despite a reduction in long-term debt. Total liabilities and assets have declined, indicating ongoing struggles to achieve profitability.

Answer:<BR>The historical performance of Garware Synth indicates a challenging financial situation with consistent negative shareholder equity and minimal operational cash flow.<BR><BR>Breakdown:<BR>Garware Synth has maintained a stable share capital of Rs 5.81 crore over the past six years, but its total reserves have shown slight improvement, moving from -8.55 crore in March 2020 to -7.78 crore in March 2025. Shareholder's funds have also improved marginally from -2.74 crore in March 2020 to -1.97 crore in March 2025. Long-term borrowings have decreased significantly from Rs 12.91 crore in March 2020 to Rs 0.06 crore in March 2025, indicating a reduction in debt. Total liabilities have decreased from Rs 16.92 crore in March 2022 to Rs 14.10 crore in March 2025, while total assets have similarly declined from Rs 16.92 crore to Rs 14.10 crore over the same period. The company has not reported any profit before tax in the last six years, and cash flow from operating activities has remained at zero since March 2020, reflecting a lack of operational cash generation. Overall, Garware Synth's financial metrics suggest a company struggling to achieve profitability and maintain positive cash flow.

Should I buy, sell or hold Garware Synth?

Why is Garware Synth falling/rising?

As of 21-Dec, Garware Synthetics Ltd's stock price is at Rs. 17.00, down -0.12%, and has lost -11.5% over the last four days, hitting a 52-week low of Rs. 16.17. The stock's long-term fundamentals are weak, with high debt and negative book value, contributing to a significant decline in investor confidence and a year-to-date return of -53.68%.

As of 21-Dec, Garware Synthetics Ltd's stock price is falling, currently at Rs. 17.00, reflecting a change of -0.02 (-0.12%). The stock has been on a downward trend, having lost -11.5% over the last four days and is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. <BR><BR>Today, the stock hit a new 52-week low of Rs. 16.17 and underperformed its sector by -1.44%. Additionally, there has been a significant decline in investor participation, with delivery volume dropping by -99.4% compared to the 5-day average. This lack of trading activity indicates a lack of confidence among investors.<BR><BR>The company's long-term fundamentals are weak, characterized by a negative book value and high debt levels, with a debt-to-equity ratio averaging 0 times. Over the past year, while the stock has generated a return of -53.68%, its profits have risen by 42%, suggesting that despite some positive financial metrics, the overall market sentiment remains negative. This underperformance relative to the broader market, which has seen a return of +8.69% year-to-date, further contributes to the stock's decline.

Which are the latest news on Garware Synth?