Garware Tech

Why is Garware Technical Fibres Ltd falling/rising?

As of 10-Jun, Garware Technical Fibres Ltd's stock price is rising to 690.00, with a 2.6 (0.38%) increase. While it has shown strong short-term gains and increased investor interest, it has experienced a 22.49% decline over the past year.

As of 10-Jun, Garware Technical Fibres Ltd's stock price is rising, currently at 690.00, reflecting a change of 2.6 (0.38%) upward. The stock has shown strong short-term performance, outperforming the benchmark Sensex by 0.49% today and gaining 4.5% over the last two days. Additionally, the stock has increased by 5.48% over the past week and 7.75% over the past month, indicating positive momentum.<BR><BR>Investor participation has also risen significantly, with delivery volume increasing by 282.45% compared to the 5-day average, suggesting heightened interest and confidence among investors. The stock is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, which typically indicates a bullish trend, although it remains below the 200-day moving average.<BR><BR>Despite these positive short-term indicators, it is important to note that the stock has faced challenges over the longer term, with a 22.49% decline over the past year and a negative year-to-date return of 0.93%. However, the recent performance suggests a potential recovery or positive sentiment among investors in the short term.

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

Which are the latest news on Garware Tech?

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.

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%.

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.

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.