Why is Garware Marine Industries Ltd ?
1
Weak Long Term Fundamental Strength with a -0.81% CAGR growth in Operating Profits over the last 5 years
- Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of -0.01
- The company has been able to generate a Return on Equity (avg) of 1.18% signifying low profitability per unit of shareholders funds
2
Flat results in Sep 25
- DEBTORS TURNOVER RATIO(HY) Lowest at 0.02 times
3
With ROE of 1.9, it has a Very Expensive valuation with a 1 Price to Book Value
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -19.29%, its profits have risen by 11% ; the PEG ratio of the company is 1
4
Underperformed the market in the last 1 year
- Even though the market (BSE500) has generated returns of 2.07% in the last 1 year, the stock has hugely underperformed and has generate negative returns of -19.29% returns
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Garments & Apparels)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Garware Marine for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Garware Marine
-19.29%
-0.40
48.09%
Sensex
4.84%
0.41
11.83%
Quality key factors
Factor
Value
Sales Growth (5y)
-4.40%
EBIT Growth (5y)
-0.81%
EBIT to Interest (avg)
-0.01
Debt to EBITDA (avg)
0.74
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.11
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
2.43%
ROCE (avg)
0.90%
ROE (avg)
1.18%
Valuation Key Factors 
Factor
Value
P/E Ratio
50
Industry P/E
35
Price to Book Value
0.96
EV to EBIT
15.87
EV to EBITDA
15.87
EV to Capital Employed
0.96
EV to Sales
15.40
PEG Ratio
0.95
Dividend Yield
NA
ROCE (Latest)
1.58%
ROE (Latest)
1.94%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bullish
No Trend
Technical Movement
2What is working for the Company
PAT(9M)
Higher at Rs 0.26 Cr
PBT LESS OI(Q)
Highest at Rs 0.09 cr.
-1What is not working for the Company
DEBTORS TURNOVER RATIO(HY)
Lowest at 0.02 times
Loading Valuation Snapshot...
Here's what is working for Garware Marine
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 0.09 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Nine Monthly
Higher at Rs 0.26 Cr
than preceding 12 month period ended Sep 2025 of Rs 0.25 crMOJO Watch
In the nine month period the company has already crossed sales of the previous twelve months
PAT (Rs Cr)
Here's what is not working for Garware Marine
Debtors Turnover Ratio- Half Yearly
Lowest at 0.02 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio






