GARFIBRES

Garware Technical Fibres Ltd.

NSE: GARFIBRES

BSE: 509557

Sector: Textiles

Industry Group: Textiles & Apparels

Industry: Other Textile Products

802.60+42.4 (+5.57%)

21 Aug, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

73.0 / 100

Value Score

30.3 / 100

Price Momentum Score

72.9 / 100

QVM Score

65.9 / 100

Key Metrics

Market Cap

7837.23

P/E (TTM)

39.98

P/B

5.79

P/S (TTM)

4.77

EV/EBITDA

24.40

CAPE (5Y)

41.61

ROE (TTM)

14.22

ROCE (TTM)

18.43

ROA (TTM)

10.15

Avg 3Y ROE

17.14

Earnings 3Y CAGR

6.18

Sales 3Y CAGR

7.41

Sales 5Y CAGR

7.88

Debt/Equity

0.03

Consensus TP

880.00

Strong Buy %

33.33

Promoter Holding

54.25

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Garware Technical Fibres Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Strong price momentum

Price Momentum score of 72.9 indicates that the stock has strong price momentum. Research has shown that stocks with higher momentum continue to outperform in the near term

What is Price Momentum score?

72.9 / 100

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.03 as on 30 Jun 2026 and Debt to Equity decreased marginally by 0.02 in the last 1 year

What is Debt to Equity?

Consistently pays dividend

The company has not missed dividend payments once in the last 5 financial years

What is Dividend streak?

Company is net cash

The company is net cash i.e., cash and cash equivalents exceed total debt indicating a healthy balance sheet

What is Net Debt ?

Negative

Expensive and at a premium to industry median P/E

PE TTM of 39.98 indicates that the stock is expensive on a standalone basis and is at a 156.78% premium to industry median P/E

What is P/E Ratio?

Median: 15.57

Value 39.98

-200.212134.45

Analysts have been downgrading forward EPS estimates

Analyst EPS estimate (consensus) for forward EPS has decreased by -2.97% in the last 3 months, indicating weak earnings momentum

What is Earnings upgrade (3M)?

Moderate ROE but declining trend

The company reported moderate ROE of 14.22% for 12-month ended 30 Jun 2026 but ROE declined by -448 bps from 1 year ago

What is ROE (FY)?

Low EPS growth and lower than median growth of industry

The company delivered moderate EPS growth of -14.22% for 12-month ended 30 Jun 2026 and the growth was 10.38 percentage points lower than median growth of industry

What is EPS growth (1Y)?

Neutral

High operating margin but declining trend

The company reported strong operating margin of 16.38% for 12-month ended 30 Jun 2026 but operating margin declined by -229 bps from 1 year ago

What is Operating profit margin?

Low revenue growth but above median growth of industry

The company delivered low revenue growth of 4.64% for 12-month ended 30 Jun 2026 but the growth was 3.22 percentage points higher than median growth of industry

What is Sales growth (1Y)?

Median: 1.42

Value 4.64

-10057287.7

Company's earnings are of moderate quality

Earnings quality score of 70.0 indicates that the company's earnings are of moderate quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

70.0 / 100

Moderate dividend yield

The company has a moderate dividend yield of 1.12%

What is Dividend yield?

Financial Snapshot

See detailed analysis

Multi-year trends for Garware Technical Fibres Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Garware Technical Fibres Ltd. Shareholding Pattern

Quarterly breakdown of Garware Technical Fibres Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Total Promoter	50.71	50.71	53.02	53.02	52.62	52.62	52.62	52.62	52.62	52.62	52.62	52.70	52.70	52.70	52.70	52.70	52.70	53.00	53.00	53.00	53.00	53.00	53.00	53.36	53.36	54.25
Indian Promoter	50.71	50.71	53.02	53.02	52.62	52.62	52.62	52.62	52.62	52.62	52.62	52.70	52.70	52.70	52.70	52.70	52.70	53.00	53.00	53.00	53.00	53.00	53.00	53.36	53.36	54.25
Foreign Promoter	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	10.74	11.08	11.39	11.76	11.88	12.19	12.36	12.23	12.90	13.32	14.95	15.44	16.16	17.38	18.20	18.97	19.35	19.94	20.26	20.52	20.77	20.86	21.04	19.52	19.41	18.78
Mutual Funds / UTI	1.92	1.99	2.01	2.04	1.68	1.85	2.00	2.65	3.80	4.15	5.08	5.48	5.78	6.84	7.76	8.55	8.59	9.45	9.56	9.50	10.11	10.25	10.33	9.79	9.40	9.24
FI/Bank/Insurance	0.05	0.06	0.06	0.03	0.04	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.16	0.18	0.17	0.16	0.16	0.17	0.16	0.15	0.15	0.07	0.10	0.09	0.08
Govt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	6.90	7.13	7.23	7.83	8.35	8.94	8.63	7.88	7.42	7.39	8.33	8.46	8.57	8.62	8.58	8.77	9.34	9.55	9.82	10.15	9.80	9.89	10.05	9.07	9.12	8.67
Other Institutions	1.87	1.89	2.10	1.86	1.81	1.40	1.73	1.70	1.67	1.77	1.53	1.49	1.80	1.76	1.68	1.47	1.27	0.78	0.71	0.71	0.71	0.57	0.58	0.55	0.80	0.79
Non-Institution	38.56	38.21	35.58	35.22	35.50	35.19	35.02	35.15	34.48	34.07	32.44	31.86	31.14	29.91	29.09	28.33	27.95	27.06	26.75	26.48	26.23	26.14	25.96	27.13	27.23	26.97
Bodies Corporate	3.92	3.87	3.78	3.78	3.89	3.56	3.46	3.45	3.41	3.40	3.21	3.17	3.05	2.87	2.72	2.72	2.60	2.52	2.52	2.24	2.29	2.43	2.50	2.85	3.07	3.05
Others (incl. Retail) No. of shareholders	34.64 16,338	34.34 17,418	31.80 25,430	31.44 27,093	31.61 29,905	31.63 31,336	31.56 38,353	31.70 41,024	31.07 42,132	30.67 44,177	29.23 43,664	28.69 43,510	28.09 42,044	27.04 41,836	26.37 40,461	25.61 37,365	25.35 91,703	24.54 36,460	24.23 36,161	24.24 41,953	23.94 46,036	23.71 43,267	23.46 42,433	24.28 41,346	24.16 40,828	23.92 38,756

Holdings and Presence

Indices and prominent investors with a stake in this stock.

Index Presence

#	Index	Weight	Rank
1	SHI: Textiles & Apparels	4.28%	9 / 20

Prominent Investor Holdings

Vinodchandra Mansukhlal Parekh

Jun 2026

1.12%

₹ 87 Cr

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Garware Technical Fibres Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
Gurukrupa Comtrade Private Limited Promoter Group	December-2022	Buy Back (Disposal) 28th Dec 2022	4.30 %	₹ 3,750.01	28.82 k	₹ 10.81 cr
Sukukar Holdings and Trading Company Private Limited Promoter Group	December-2022	Buy Back (Disposal) 28th Dec 2022	5.38 %	₹ 3,749.99	36.07 k	₹ 13.53 cr
Vayu Ramesh Garware Promoter & Director	December-2022	Buy Back (Disposal) 28th Dec 2022	6.60 %	₹ 3,750.00	44.31 k	₹ 16.62 cr
Gurukrupa Comtrade Private Limited Promoter Group	September-2022	Inter-se Transfer (Acquisition) 26th Sep 2022	0.43 %	₹ 0.00	8.86 lac	₹ 0.00
Sukukar Holding and Trading Company Private Limited Promoter Group	September-2022	Inter-se Transfer (Acquisition) 26th Sep 2022	1.24 %	₹ 0.00	11.08 lac	₹ 0.00
Vayu Ramesh Garware Promoter	September-2022	Inter-se Transfer (Disposal) 26th Sep 2022	16.28 %	₹ 0.00	19.94 lac	₹ 0.00
Gurukrupa Comtrade Private Limited Promoter Group	September-2021	Off Market (Disposal) 4th Sep 2021	0.44 %	₹ 0.00	1.75 k	₹ 0.00
Moonshine Investments & Trading Company Private Limited Promoter Group	September-2021	Off Market (Disposal) 4th Sep 2021	2.23 %	₹ 0.00	1.75 k	₹ 0.00
Vayu Ramesh Garware Promoter Group	September-2021	Off Market (Acquisition) 4th Sep 2021	4.29 %	₹ 0.00	1.75 k	₹ 0.00
Vayu Ramesh Garware Promoter Group	September-2021	Off Market (Acquisition) 4th Sep 2021	5.37 %	₹ 0.00	1.75 k	₹ 0.00

Corporate Actions

History of Garware Technical Fibres Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 1/share
Record date: 1st Sep 2026Ex-date: 1st Sep 2026
Announced on: 20th May 2026
Others
Ex-date: 20th May 2026Announced on: 8th May 2026
On Market Tender offer.
Dividend₹ 8/share
Record date: 14th Nov 2025Ex-date: 14th Nov 2025
Announced on: 7th Nov 2025
Dividend₹ 1.50/share
Record date: 26th Aug 2025Ex-date: 26th Aug 2025
Announced on: 15th May 2025
Bonus4 new shares for 1 existing shares
Ex-date: 3rd Jan 2025Announced on: 14th Nov 2024
"On or before January 13 2024."

Company Profile

Overview of Garware Technical Fibres Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Garware Technical Fibres Limited is an India-based multi-divisional, multi-geographical technical textiles company. The Company is engaged in manufacturing and selling various products, such as ropes, twine, yarn, fishnet, other nets and technical textiles. Its Synthetic Cordage segment comprises ro...

Key personnel

Mr. Shashank Gupta

Chief Financial Officer

Mr. Sunil Agarwal

Compliance Officer, Company Secretary, Head - Legal

Mr. Vayu Ramesh GarwareD

Executive Chairman of the Board, Managing Director

Mrs. Mayuri V. GarwareD

Non-Executive Non-Independent Director

Mr. Ashish D. GoelD

Non-Executive Independent Director

Ms. Kirti Dharmesh MangwaniD

Additional Non-Executive Independent Director

Dr. Shridhar Shrikrishna RajpathakD

Non-Executive Independent Director

Mr. Anil Sadashiv WagleD

Non-Executive Independent Director

Incorporated on

01 Apr 1976

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

1,188

IPO date

01 May 1976

Free Float

3,98,28,414

Website

https://www.garwarefibres.com/

Phone no.

+18001205165

Address

PLOT NO.11, BLOCK D-1, MIDC, CHINCHWAD,, , 411019, India

Frequently Asked Questions

What is the current share price of Garware Technical Fibres Ltd.?

The current share price of Garware Technical Fibres Ltd. is ₹ 802.60 as of 21 Aug 2026.

What is the market capitalisation of Garware Technical Fibres Ltd.?

The market capitalisation of Garware Technical Fibres Ltd. stands at ₹ 7,837.23 Cr.

What is the PE ratio of Garware Technical Fibres Ltd.?

The Price-to-Earnings (PE) ratio of Garware Technical Fibres Ltd. is 39.98 as of the latest trailing twelve months data.

What is the ROE and ROCE of Garware Technical Fibres Ltd.?

Garware Technical Fibres Ltd. has a Return on Equity (ROE) of 14.22% and a Return on Capital Employed (ROCE) of 18.43% as per the latest financial reports.

What is the 52-week high and low of Garware Technical Fibres Ltd.?

The 52-week high of Garware Technical Fibres Ltd. is - and the 52-week low is -.

What is the dividend yield of Garware Technical Fibres Ltd.?

The dividend yield of Garware Technical Fibres Ltd. is 1.12% based on the current market price.

What is the FII and DII holding in Garware Technical Fibres Ltd.?

Foreign Institutional Investors (FII) hold 8.67%, Domestic Institutional Investors (DII) hold 9.32% and retail/public investors hold 23.92% of Garware Technical Fibres Ltd. shares.

What sector does Garware Technical Fibres Ltd. belong to?

Garware Technical Fibres Ltd. operates in the Textiles sector. 100% of analysts have a Buy or Strong Buy rating on Garware Technical Fibres Ltd. with a consensus target price of ₹ 880.00, implying 9.64% upside from current levels.

What is the beta of Garware Technical Fibres Ltd.?

The beta of Garware Technical Fibres Ltd. is 0.87, indicating its price volatility relative to the broader market. Over the past 1 year, Garware Technical Fibres Ltd. has delivered an absolute return of -0.85%.

What is the RSI of Garware Technical Fibres Ltd.?

The 14-day Relative Strength Index (RSI) of Garware Technical Fibres Ltd. is 59.66, placing it in the neutral zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

Garware Technical Fibres Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Garware Technical Fibres Ltd. Shareholding Pattern

Holdings and Presence

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Stock Analysis

Company Profile

Holdings and Presence

Corporate Actions