Garware Tech

Why is Garware Technical Fibres Ltd falling/rising?

As of 26-Aug, Garware Technical Fibres Ltd's stock price is at 794.90, down 0.7% after consecutive declines and underperforming its sector. Despite a year-to-date increase of 14.13%, recent drops are attributed to decreased investor participation and trading activity.

As of 26-Aug, Garware Technical Fibres Ltd's stock price is currently at 794.90, reflecting a decrease of 5.6 points or 0.7%. The stock has been underperforming in the short term, having fallen consecutively for the last two days, resulting in a total decline of 1.7% during this period. Additionally, the stock's performance today has underperformed its sector by 1.01%. <BR><BR>Despite these recent declines, the stock has shown positive performance over longer periods, with a year-to-date increase of 14.13%, compared to a decline of 9.09% in the benchmark Sensex. Over the past three years, Garware Technical Fibres Ltd has outperformed the Sensex, with a return of 24.53% against the benchmark's 19.40%. <BR><BR>However, a notable factor contributing to the recent price drop is the falling investor participation, as evidenced by a significant decrease in delivery volume, which was down 38% compared to the five-day average. This decline in trading activity may indicate reduced investor interest, which can negatively impact stock prices. <BR><BR>On a technical note, the stock is currently trading above its moving averages for various periods, suggesting a generally positive trend over the longer term. Nonetheless, the combination of recent consecutive declines, underperformance relative to the sector, and decreased investor participation are key factors contributing to the current fall in Garware Technical Fibres Ltd's stock price.

Which are the latest news on Garware Tech?

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. This team offers a diverse range of expertise and leadership.

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 brings a diverse range of expertise and leadership to the company.

What does Garware Tech do?

Garware Technical Fibres Ltd is a small-cap manufacturer of technical textiles, with net sales of 482 Cr and a net profit of 65 Cr reported for June 2026. The company, incorporated in 1976, has a market cap of INR 7,686 Cr and key metrics including a P/E of 34.00 and a dividend yield of 1.23%.

Overview: <BR>Garware Technical Fibres Ltd is a leading manufacturer of technical textiles in the garments and apparels industry, categorized as a small-cap company.<BR><BR>History: <BR>Garware Technical Fibres Limited was incorporated on 1st April 1976 in Mumbai. The latest quarterly results reported net sales and profit for June 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 482 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 65 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 7,686 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 34.00 <BR>Industry P/E: 28 <BR>Dividend Yield: 1.23% <BR>Debt Equity: -0.28 <BR>Return on Equity: 15.42% <BR>Price to Book: 5.65<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 peers of the Garware Tech?

Garware Tech's peers include Vedant Fashions, Trident, Pearl Global Ind, V2 Retail, Indo Count Inds., Aditya Bir. Fas., Arvind Fashions, Alok Industries, and Gokaldas Exports. In terms of performance, Pearl Global Ind leads with a 1-year return of 96.95%, while Garware Tech has a return of -6.83%.

Peers: The peers of Garware Tech are Vedant Fashions, Trident, Pearl Global Ind, V2 Retail, Indo Count Inds., Aditya Bir. Fas., Arvind Fashions, Alok Industries, and Gokaldas Exports.<BR><BR>Quality Snapshot: Excellent management risk is observed at Vedant Fashions and Garware Tech, while Good management risk is found at Pearl Global Ind and Indo Count Inds., and Average management risk is present at Trident, V2 Retail, Aditya Bir. Fas., Arvind Fashions, and Gokaldas Exports, with Alok Industries not qualifying. Growth is Excellent for Pearl Global Ind and V2 Retail, while Below Average growth is noted for Vedant Fashions, Trident, Indo Count Inds., Garware Tech, Aditya Bir. Fas., Alok Industries, and Arvind Fashions, with the rest having varying ratings. Excellent capital structure is seen at Garware Tech and Vedant Fashions, Good at Pearl Global Ind, Indo Count Inds., and Gokaldas Exports, while Average is found at Trident, and Below Average at V2 Retail, Aditya Bir. Fas., and Arvind Fashions, with Alok Industries not qualifying.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Pearl Global Ind at 96.95%, while the lowest is Aditya Bir. Fas. at -24.03%. Garware Tech's 1-year return is -6.83%, which is better than Aditya Bir. Fas. but worse than Pearl Global Ind. Additionally, Trident, Aditya Bir. Fas., Alok Industries, and Gokaldas Exports have negative six-month returns.

How big is Garware Tech?

As of 14th August, Garware Technical Fibres Ltd has a market capitalization of 7,491.10 Cr, with recent Net Sales of 1,643.93 Cr and a Net Profit of 210.19 Cr.

As of 14th August, Garware Technical Fibres Ltd has a market capitalization of 7,491.10 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 1,643.93 Cr and a Net Profit of 210.19 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 1,241.57 Cr and Total Assets of 1,756.62 Cr.

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 August 5, 2026.

The next results date for Garware Technical Fibres Ltd is scheduled for August 5, 2026.

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.

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.