Garware Tech

Why is Garware Technical Fibres Ltd falling/rising?

As of 14-Jun, Garware Technical Fibres Ltd's stock is rising at 691.85, with a recent gain of 5.01% over four days. Despite outperforming the Sensex recently, it has a poor long-term growth outlook and has underperformed its sector today.

As of 14-Jun, Garware Technical Fibres Ltd's stock price is rising, currently at 691.85, reflecting a change of 1.45 (0.21%) upward. The stock has shown a positive trend recently, gaining 5.01% over the last four days, which indicates a consecutive gain. Additionally, the stock has outperformed the benchmark Sensex over the past week and month, with returns of +3.94% and +10.62% respectively, compared to the Sensex's +1.73% and +1.30%.<BR><BR>The stock is also trading above its moving averages for 5, 20, 50, 100, and 200 days, which is a positive technical indicator. Furthermore, there has been a rise in investor participation, with delivery volume increasing by 13.93% against the 5-day average, suggesting growing interest in the stock. The textile sector, in which Garware operates, has also seen gains of 2.29%, contributing to the positive sentiment around the stock.<BR><BR>However, it is important to note that despite these recent gains, the stock has underperformed the sector today by -2.07% and has a poor long-term growth outlook, with net sales growing at an annual rate of only 8.12% over the last five years. This context of mixed performance indicates that while the stock is currently rising, there are underlying challenges that could affect its future trajectory.

Which are the latest news on Garware Tech?

What does Garware Tech do?

Garware Technical Fibres Ltd is a leading small-cap manufacturer of technical textiles in the Garments & Apparels industry, with reported net sales of 426 Cr and a net profit of 57 Cr for the quarter ending March 2026. The company has a market cap of INR 6,875 Cr and key metrics include a P/E of 33.00 and a dividend yield of 1.38%.

Overview:<BR>Garware Technical Fibres Ltd is a leading manufacturer of technical textiles in the Garments & Apparels industry, operating within the small-cap market segment.<BR><BR>History:<BR>Incorporated on 1st April 1976 in Mumbai, Garware Technical Fibres Ltd has established itself in the technical textiles sector. The latest reported quarterly results indicate net sales of 426 Cr and a net profit of 57 Cr for the quarter ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 426 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 57 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 6,875 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 33.00<BR>- Industry P/E: 23<BR>- Dividend Yield: 1.38%<BR>- Debt-Equity: -0.28<BR>- Return on Equity: 15.42%<BR>- Price to Book: 5.04<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

How big is Garware Tech?

As of 10th June, Garware Technical Fibres Ltd has a market capitalization of 6,875.00 Cr, with recent net sales of 1,528.79 Cr and a net profit of 198.68 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: Garware Technical Fibres Ltd has a market capitalization of 6,875.00 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 1,528.79 Cr, while the sum of Net Profit for the same period is 198.68 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2025. Shareholder's Funds are valued at 1,241.57 Cr, and Total Assets amount to 1,756.62 Cr.

Who are in the management team of Garware Tech?

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. They are responsible for the company's strategic direction and governance.

The management team of Garware Tech includes the following members:<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 plays a crucial role in guiding the company's strategic direction and governance.

Who are the peers of the Garware Tech?

Garware Tech's peers include Trident, Vedant Fashions, V2 Retail, Pearl Global Ind, Aditya Bir. Fas., Indo Count Inds., Arvind Fashions, Alok Industries, and Gokaldas Exports. V2 Retail leads in 1-year returns at 20.44%, while Garware Tech has a return of -25.04%.

Peers: The peers of Garware Tech are Trident, Vedant Fashions, V2 Retail, Pearl Global Ind, Aditya Bir. Fas., Indo Count Inds., Arvind Fashions, Alok Industries, and Gokaldas Exports.<BR><BR>Quality Snapshot: Excellent management risk is observed at Vedant Fashions, while Good management risk is found at Garware Tech, Pearl Global Ind, and Indo Count Inds., and the rest have Average management risk. Growth is Excellent for V2 Retail and Pearl Global Ind, while Below Average growth is noted for Garware Tech, Trident, Vedant Fashions, Aditya Bir. Fas., Indo Count Inds., and the rest. Capital Structure is Excellent for Garware Tech, while Good capital structure is seen at Trident, Pearl Global Ind, and Indo Count Inds., and the rest have Below Average or do not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is V2 Retail at 20.44%, while Vedant Fashions has the lowest at -50.85%. Garware Tech's 1-year return of -25.04% is better than Vedant Fashions but worse than V2 Retail. Additionally, the six-month return is negative for Trident, Vedant Fashions, Aditya Bir. Fas., Alok Industries, Gokaldas Exports, and Raymond Lifestyl.

Are Garware Technical Fibres Ltd latest results good or bad?

Garware Technical Fibres Ltd's latest results show a mixed performance: net sales increased 10.11% quarter-on-quarter but declined 1.42% year-on-year, while net profit rose 1.63% sequentially but fell 19.44% year-on-year. Overall, operational improvements are positive, but revenue and profit declines raise concerns about sustainability.

Garware Technical Fibres Ltd's latest results present a mixed picture. In Q4 FY26, the company reported net sales of ₹426.41 crores, which is a 10.11% increase compared to the previous quarter. However, this figure reflects a slight decline of 1.42% year-on-year from ₹432.55 crores in Q4 FY25. <BR><BR>On the profitability front, net profit for the quarter was ₹57.26 crores, showing a modest increase of 1.63% quarter-on-quarter but a significant decline of 19.44% compared to the same quarter last year. Operating margins improved to 22.57%, up from 18.29% in the previous quarter, indicating enhanced operational efficiency despite the revenue challenges.<BR><BR>Overall, while the sequential improvement in sales and margins is a positive sign, the year-on-year declines in both revenue and profit highlight ongoing difficulties in the market. Therefore, the results can be characterized as good in terms of operational performance but concerning regarding revenue growth and profit sustainability.

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

When is the next results date for Garware Technical Fibres Ltd?

The next results date for Garware Technical Fibres Ltd is 20 May 2026.

The next results date for Garware Technical Fibres Ltd is scheduled for 20 May 2026.

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.

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.

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 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.

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.