Share Price and Basic Stock Data
Last Updated: October 18, 2025, 5:08 pm
| PEG Ratio | 3.77 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Garware Technical Fibres Ltd operates in the textiles sector, focusing on manufacturing technical fibres. For the fiscal year ending March 2025, the company reported sales of ₹1,540 Cr, an increase from ₹1,306 Cr in March 2023. Quarterly sales figures indicate consistent performance, with the most recent quarter (September 2024) recording ₹421 Cr. This reflects a steady upward trend, showcasing the company’s ability to navigate market challenges effectively. The operating profit margin (OPM) for March 2025 stood at 21%, maintaining a strong position compared to previous periods, while the net profit reached ₹232 Cr. This indicates a healthy growth trajectory, supported by robust demand for technical fibres across various industries. The company’s ability to adapt to changing market dynamics is evident, and the ongoing investments in capacity expansion and product innovation are likely to further enhance revenue streams.
Profitability and Efficiency Metrics
Garware Technical Fibres Ltd has demonstrated impressive profitability metrics, with a return on equity (ROE) of 18.7% and return on capital employed (ROCE) at 24.7% as of March 2025. The company’s net profit margin improved to 15.70% in the same period, reflecting efficient cost management strategies. The interest coverage ratio (ICR) of 18.29x indicates that the company can comfortably meet its interest obligations, which is significantly above typical sector norms. The cash conversion cycle (CCC) stood at 81 days, suggesting effective working capital management. This is further supported by a current ratio of 1.92 and a quick ratio of 1.39, indicating sufficient liquidity to cover short-term liabilities. The operating profit for March 2025 rose to ₹319 Cr, reinforcing the company’s operational efficiency. However, the fluctuating OPM percentages across quarters, ranging from 18% to 24%, highlight the need for consistent margin improvement strategies.
Balance Sheet Strength and Financial Ratios
The balance sheet of Garware Technical Fibres Ltd reflects a solid financial structure, with total reserves amounting to ₹1,142 Cr against borrowings of ₹65 Cr. This low debt level results in a debt-to-equity ratio of 0.09, indicating a conservative approach to leverage. The book value per share increased to ₹605.48 in March 2024, reinforcing the company’s strong asset base. The enterprise value (EV) stood at ₹6,717.25 Cr, and the EV/EBITDA ratio of 21.34x suggests that the stock may be trading at a premium relative to its earnings potential. With a price-to-book value (P/BV) ratio of 5.49x, the stock appears to be valued higher compared to industry averages, which may indicate investor confidence in future growth. Notably, the total liabilities have remained manageable, increasing only slightly to ₹1,757 Cr as of March 2025, which supports the company’s financial stability and ability to fund growth initiatives.
Shareholding Pattern and Investor Confidence
As of March 2025, Garware Technical Fibres Ltd has a diversified shareholding pattern, with promoters holding 53%, foreign institutional investors (FIIs) at 9.89%, and domestic institutional investors (DIIs) at 10.97%. The public shareholding accounted for 26.15%, reflecting a healthy distribution of ownership. The number of shareholders has fluctuated, with a recent count of 43,980, indicating steady interest from retail investors. The gradual increase in FII and DII holdings over recent quarters suggests growing confidence among institutional investors in the company’s long-term prospects. This is supported by a consistent dividend payout ratio, which stood at 3.42% for March 2024, indicating the company’s commitment to returning value to shareholders. However, the decline in public shareholding from 32.44% in September 2022 to 26.15% in March 2025 may warrant attention, as it could indicate a shift in investor sentiment or market dynamics.
Outlook, Risks, and Final Insight
If margins sustain around current levels, Garware Technical Fibres Ltd could see continued growth in profitability, leveraging its strong position in the technical fibres market. The company’s low debt levels provide flexibility for future investments, which could enhance operational capacity and innovation. However, potential risks include fluctuations in raw material prices and competition, which could impact profit margins. Additionally, the concentration of promoter holdings may raise concerns about governance and decision-making transparency. Maintaining operational efficiency and navigating market challenges will be crucial for sustaining growth. The recent trends in shareholding patterns suggest a need for the company to actively engage with retail investors to bolster confidence. Overall, a balanced approach focusing on strategic growth and stakeholder engagement will be essential for long-term success.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Garware Technical Fibres Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| IGC Industries Ltd | 10.8 Cr. | 3.12 | 24.8/2.75 | 542 | 12.3 | 0.00 % | 0.19 % | 0.28 % | 10.0 |
| Hindoostan Mills Ltd | 28.4 Cr. | 171 | 235/154 | 235 | 0.00 % | 28.4 % | 29.8 % | 10.0 | |
| Gokak Textiles Ltd | 53.9 Cr. | 82.9 | 237/59.7 | 85.5 | 0.00 % | 0.85 % | % | 10.0 | |
| Globus Power Generation Ltd | 148 Cr. | 14.9 | 23.0/12.3 | 0.82 | 0.00 % | 7.29 % | 7.29 % | 10.0 | |
| GHCL Textiles Ltd | 734 Cr. | 76.8 | 116/65.0 | 12.7 | 150 | 0.65 % | 4.53 % | 3.96 % | 2.00 |
| Industry Average | 1,524.92 Cr | 127.26 | 98.02 | 79.90 | 0.09% | 10.78% | 29.54% | 8.11 |
Quarterly Result
| Metric | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 304 | 356 | 275 | 370 | 326 | 328 | 289 | 382 | 336 | 421 | 351 | 433 | 367 |
| Expenses | 264 | 294 | 227 | 291 | 267 | 260 | 236 | 291 | 272 | 329 | 286 | 334 | 299 |
| Operating Profit | 41 | 62 | 47 | 80 | 58 | 69 | 53 | 91 | 64 | 91 | 65 | 98 | 68 |
| OPM % | 13% | 17% | 17% | 22% | 18% | 21% | 18% | 24% | 19% | 22% | 18% | 23% | 19% |
| Other Income | 5 | 8 | 8 | 8 | 9 | 10 | 11 | 13 | 11 | 10 | 9 | 9 | 13 |
| Interest | 3 | 3 | 3 | 3 | 4 | 4 | 3 | 6 | 6 | 6 | 4 | 3 | 3 |
| Depreciation | 5 | 5 | 6 | 6 | 6 | 6 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
| Profit before tax | 37 | 61 | 47 | 78 | 57 | 68 | 55 | 91 | 62 | 88 | 62 | 97 | 70 |
| Tax % | 24% | 22% | 22% | 24% | 25% | 23% | 21% | 23% | 25% | 25% | 23% | 27% | 25% |
| Net Profit | 28 | 48 | 37 | 60 | 43 | 52 | 43 | 70 | 47 | 66 | 48 | 71 | 53 |
| EPS in Rs | 2.73 | 4.63 | 3.59 | 5.86 | 4.22 | 5.15 | 4.25 | 6.88 | 4.71 | 6.64 | 4.81 | 7.16 | 5.35 |
Last Updated: August 20, 2025, 10:35 am
Below is a detailed analysis of the quarterly data for Garware Technical Fibres Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 367.00 Cr.. The value appears to be declining and may need further review. It has decreased from 433.00 Cr. (Mar 2025) to 367.00 Cr., marking a decrease of 66.00 Cr..
- For Expenses, as of Jun 2025, the value is 299.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 334.00 Cr. (Mar 2025) to 299.00 Cr., marking a decrease of 35.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 68.00 Cr.. The value appears to be declining and may need further review. It has decreased from 98.00 Cr. (Mar 2025) to 68.00 Cr., marking a decrease of 30.00 Cr..
- For OPM %, as of Jun 2025, the value is 19.00%. The value appears to be declining and may need further review. It has decreased from 23.00% (Mar 2025) to 19.00%, marking a decrease of 4.00%.
- For Other Income, as of Jun 2025, the value is 13.00 Cr.. The value appears strong and on an upward trend. It has increased from 9.00 Cr. (Mar 2025) to 13.00 Cr., marking an increase of 4.00 Cr..
- For Interest, as of Jun 2025, the value is 3.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 3.00 Cr..
- For Depreciation, as of Jun 2025, the value is 7.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 7.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 70.00 Cr.. The value appears to be declining and may need further review. It has decreased from 97.00 Cr. (Mar 2025) to 70.00 Cr., marking a decrease of 27.00 Cr..
- For Tax %, as of Jun 2025, the value is 25.00%. The value appears to be improving (decreasing) as expected. It has decreased from 27.00% (Mar 2025) to 25.00%, marking a decrease of 2.00%.
- For Net Profit, as of Jun 2025, the value is 53.00 Cr.. The value appears to be declining and may need further review. It has decreased from 71.00 Cr. (Mar 2025) to 53.00 Cr., marking a decrease of 18.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 5.35. The value appears to be declining and may need further review. It has decreased from 7.16 (Mar 2025) to 5.35, marking a decrease of 1.81.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 5:20 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 685 | 782 | 825 | 846 | 885 | 1,018 | 953 | 1,035 | 1,189 | 1,306 | 1,326 | 1,540 | 1,571 |
| Expenses | 622 | 703 | 722 | 710 | 724 | 826 | 775 | 830 | 966 | 1,076 | 1,054 | 1,221 | 1,249 |
| Operating Profit | 62 | 79 | 103 | 136 | 161 | 192 | 178 | 204 | 223 | 230 | 272 | 319 | 322 |
| OPM % | 9% | 10% | 13% | 16% | 18% | 19% | 19% | 20% | 19% | 18% | 21% | 21% | 21% |
| Other Income | 4 | 4 | 6 | 8 | 18 | 21 | 32 | 35 | 25 | 28 | 43 | 38 | 40 |
| Interest | 13 | 10 | 9 | 7 | 10 | 14 | 12 | 10 | 11 | 12 | 17 | 20 | 17 |
| Depreciation | 14 | 12 | 13 | 14 | 15 | 17 | 19 | 21 | 21 | 22 | 26 | 28 | 29 |
| Profit before tax | 39 | 61 | 87 | 123 | 153 | 182 | 179 | 208 | 216 | 223 | 272 | 308 | 317 |
| Tax % | 32% | 29% | 29% | 32% | 31% | 31% | 21% | 24% | 24% | 23% | 23% | 25% | |
| Net Profit | 27 | 43 | 62 | 84 | 105 | 126 | 141 | 158 | 165 | 172 | 210 | 232 | 238 |
| EPS in Rs | 2.35 | 3.94 | 5.66 | 7.71 | 9.61 | 11.49 | 12.85 | 15.36 | 15.98 | 16.90 | 20.63 | 23.33 | 23.96 |
| Dividend Payout % | 22% | 15% | 12% | 13% | 9% | 9% | 26% | 3% | 9% | 4% | 3% | 6% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 59.26% | 44.19% | 35.48% | 25.00% | 20.00% | 11.90% | 12.06% | 4.43% | 4.24% | 22.09% | 10.48% |
| Change in YoY Net Profit Growth (%) | 0.00% | -15.07% | -8.70% | -10.48% | -5.00% | -8.10% | 0.15% | -7.63% | -0.19% | 17.85% | -11.62% |
Garware Technical Fibres Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 10% |
| 3 Years: | 9% |
| TTM: | 18% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 11% |
| 3 Years: | 12% |
| TTM: | 12% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 30% |
| 5 Years: | 14% |
| 3 Years: | 3% |
| 1 Year: | 3% |
| Return on Equity | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 19% |
| 3 Years: | 18% |
| Last Year: | 19% |
Last Updated: September 5, 2025, 4:30 am
Balance Sheet
Last Updated: October 10, 2025, 2:03 pm
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 21 | 21 | 20 | 20 | 99 |
| Reserves | 254 | 289 | 344 | 424 | 515 | 628 | 717 | 790 | 950 | 996 | 1,213 | 1,142 |
| Borrowings | 71 | 40 | 45 | 86 | 138 | 108 | 133 | 102 | 80 | 134 | 123 | 65 |
| Other Liabilities | 253 | 349 | 412 | 309 | 310 | 319 | 319 | 406 | 365 | 343 | 414 | 450 |
| Total Liabilities | 599 | 699 | 822 | 842 | 985 | 1,078 | 1,191 | 1,319 | 1,415 | 1,493 | 1,771 | 1,757 |
| Fixed Assets | 153 | 166 | 199 | 203 | 221 | 227 | 244 | 247 | 240 | 246 | 262 | 277 |
| CWIP | 7 | 7 | 0 | 0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| Investments | 9 | 9 | 9 | 111 | 244 | 330 | 376 | 467 | 521 | 617 | 689 | 703 |
| Other Assets | 430 | 517 | 613 | 528 | 519 | 521 | 570 | 605 | 654 | 630 | 820 | 777 |
| Total Assets | 599 | 699 | 822 | 842 | 985 | 1,078 | 1,191 | 1,319 | 1,415 | 1,493 | 1,771 | 1,757 |
Below is a detailed analysis of the balance sheet data for Garware Technical Fibres Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 99.00 Cr.. The value appears strong and on an upward trend. It has increased from 20.00 Cr. (Mar 2024) to 99.00 Cr., marking an increase of 79.00 Cr..
- For Reserves, as of Mar 2025, the value is 1,142.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,213.00 Cr. (Mar 2024) to 1,142.00 Cr., marking a decrease of 71.00 Cr..
- For Borrowings, as of Mar 2025, the value is 65.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 123.00 Cr. (Mar 2024) to 65.00 Cr., marking a decrease of 58.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 450.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 414.00 Cr. (Mar 2024) to 450.00 Cr., marking an increase of 36.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 1,757.00 Cr.. The value appears to be improving (decreasing). It has decreased from 1,771.00 Cr. (Mar 2024) to 1,757.00 Cr., marking a decrease of 14.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 277.00 Cr.. The value appears strong and on an upward trend. It has increased from 262.00 Cr. (Mar 2024) to 277.00 Cr., marking an increase of 15.00 Cr..
- For CWIP, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
- For Investments, as of Mar 2025, the value is 703.00 Cr.. The value appears strong and on an upward trend. It has increased from 689.00 Cr. (Mar 2024) to 703.00 Cr., marking an increase of 14.00 Cr..
- For Other Assets, as of Mar 2025, the value is 777.00 Cr.. The value appears to be declining and may need further review. It has decreased from 820.00 Cr. (Mar 2024) to 777.00 Cr., marking a decrease of 43.00 Cr..
- For Total Assets, as of Mar 2025, the value is 1,757.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,771.00 Cr. (Mar 2024) to 1,757.00 Cr., marking a decrease of 14.00 Cr..
Notably, the Reserves (1,142.00 Cr.) exceed the Borrowings (65.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -9.00 | 39.00 | 58.00 | 50.00 | 23.00 | 84.00 | 45.00 | 102.00 | 143.00 | 96.00 | 149.00 | 254.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 76 | 85 | 94 | 85 | 90 | 87 | 90 | 85 | 79 | 65 | 72 | 75 |
| Inventory Days | 146 | 138 | 145 | 176 | 206 | 186 | 250 | 235 | 234 | 187 | 256 | 227 |
| Days Payable | 74 | 67 | 186 | 247 | 257 | 215 | 241 | 308 | 220 | 169 | 227 | 221 |
| Cash Conversion Cycle | 148 | 156 | 53 | 14 | 40 | 58 | 99 | 12 | 93 | 83 | 102 | 81 |
| Working Capital Days | 64 | 61 | 42 | 12 | 24 | 37 | 41 | 24 | 61 | 34 | 36 | 56 |
| ROCE % | 14% | 20% | 25% | 28% | 26% | 26% | 23% | 24% | 23% | 21% | 23% | 25% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| Kotak Small Cap Fund - Regular Plan | 882,158 | 1.93 | 338.28 | 882,158 | 2025-04-22 17:25:35 | 0% |
| SBI Magnum Global Fund | 662,815 | 3.7 | 254.17 | 662,815 | 2025-04-22 17:25:35 | 0% |
| Kotak ELSS Tax Saver Fund | 70,545 | 0.43 | 27.05 | 70,545 | 2025-04-22 17:25:35 | 0% |
| SBI Conservative Hybrid Fund | 43,000 | 0.16 | 15.67 | 43,000 | 2025-04-22 17:25:35 | 0% |
| SBI Conservative Hybrid Fund - Div (Annual) | 43,000 | 0.16 | 15.67 | 43,000 | 2025-04-22 17:25:35 | 0% |
| SBI Conservative Hybrid Fund - Div (Monthly) | 43,000 | 0.16 | 15.67 | 43,000 | 2025-04-22 17:25:35 | 0% |
| SBI Magnum Children Benefit Plan | 4,400 | 1.36 | 1.6 | 4,400 | 2025-04-22 17:25:35 | 0% |
| SBI Tax Advantage Fund - Series III | 2,673 | 2.92 | 0.97 | 2,673 | 2025-04-22 17:25:35 | 0% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 23.32 | 102.16 | 83.54 | 79.92 | 74.64 |
| Diluted EPS (Rs.) | 23.32 | 102.16 | 83.54 | 79.92 | 74.64 |
| Cash EPS (Rs.) | 26.18 | 114.86 | 95.45 | 90.33 | 86.84 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 125.08 | 605.48 | 498.77 | 470.74 | 393.39 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 125.08 | 605.48 | 498.77 | 470.74 | 393.39 |
| Revenue From Operations / Share (Rs.) | 155.15 | 650.50 | 640.66 | 576.87 | 501.77 |
| PBDIT / Share (Rs.) | 35.95 | 154.48 | 126.33 | 120.50 | 115.93 |
| PBIT / Share (Rs.) | 33.09 | 141.78 | 115.38 | 110.09 | 105.92 |
| PBT / Share (Rs.) | 31.07 | 133.34 | 109.52 | 104.96 | 100.91 |
| Net Profit / Share (Rs.) | 23.33 | 102.16 | 84.50 | 79.92 | 76.82 |
| NP After MI And SOA / Share (Rs.) | 23.33 | 102.16 | 84.50 | 79.92 | 76.82 |
| PBDIT Margin (%) | 23.16 | 23.74 | 19.71 | 20.88 | 23.10 |
| PBIT Margin (%) | 21.32 | 21.79 | 18.01 | 19.08 | 21.10 |
| PBT Margin (%) | 20.02 | 20.49 | 17.09 | 18.19 | 20.11 |
| Net Profit Margin (%) | 15.03 | 15.70 | 13.18 | 13.85 | 15.31 |
| NP After MI And SOA Margin (%) | 15.03 | 15.70 | 13.18 | 13.85 | 15.31 |
| Return on Networth / Equity (%) | 18.64 | 16.87 | 16.94 | 16.97 | 19.52 |
| Return on Capital Employeed (%) | 25.16 | 22.43 | 22.13 | 22.29 | 25.42 |
| Return On Assets (%) | 13.18 | 11.75 | 11.53 | 11.64 | 12.01 |
| Total Debt / Equity (X) | 0.04 | 0.09 | 0.13 | 0.08 | 0.12 |
| Asset Turnover Ratio (%) | 0.87 | 0.81 | 0.86 | 0.85 | 0.80 |
| Current Ratio (X) | 1.88 | 1.92 | 1.42 | 2.05 | 1.79 |
| Quick Ratio (X) | 1.28 | 1.39 | 0.91 | 1.49 | 1.38 |
| Inventory Turnover Ratio (X) | 5.85 | 5.63 | 1.70 | 1.76 | 1.33 |
| Dividend Payout Ratio (NP) (%) | 2.57 | 3.42 | 8.38 | 3.12 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 2.29 | 3.04 | 7.42 | 2.76 | 0.00 |
| Earning Retention Ratio (%) | 97.43 | 96.58 | 91.62 | 96.88 | 0.00 |
| Cash Earning Retention Ratio (%) | 97.71 | 96.96 | 92.58 | 97.24 | 0.00 |
| Interest Coverage Ratio (X) | 17.81 | 18.29 | 21.54 | 23.50 | 23.16 |
| Interest Coverage Ratio (Post Tax) (X) | 12.56 | 13.10 | 15.41 | 16.58 | 16.35 |
| Enterprise Value (Cr.) | 8582.90 | 6717.25 | 6011.09 | 5877.56 | 5341.33 |
| EV / Net Operating Revenue (X) | 5.57 | 5.07 | 4.60 | 4.94 | 5.16 |
| EV / EBITDA (X) | 24.05 | 21.34 | 23.35 | 23.66 | 22.35 |
| MarketCap / Net Operating Revenue (X) | 5.57 | 5.11 | 4.54 | 4.91 | 5.12 |
| Retention Ratios (%) | 97.42 | 96.57 | 91.61 | 96.87 | 0.00 |
| Price / BV (X) | 6.90 | 5.49 | 5.83 | 6.02 | 6.53 |
| Price / Net Operating Revenue (X) | 5.57 | 5.11 | 4.54 | 4.91 | 5.12 |
| EarningsYield | 0.02 | 0.03 | 0.02 | 0.02 | 0.02 |
After reviewing the key financial ratios for Garware Technical Fibres Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 23.32. This value is within the healthy range. It has decreased from 102.16 (Mar 24) to 23.32, marking a decrease of 78.84.
- For Diluted EPS (Rs.), as of Mar 25, the value is 23.32. This value is within the healthy range. It has decreased from 102.16 (Mar 24) to 23.32, marking a decrease of 78.84.
- For Cash EPS (Rs.), as of Mar 25, the value is 26.18. This value is within the healthy range. It has decreased from 114.86 (Mar 24) to 26.18, marking a decrease of 88.68.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 125.08. It has decreased from 605.48 (Mar 24) to 125.08, marking a decrease of 480.40.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 125.08. It has decreased from 605.48 (Mar 24) to 125.08, marking a decrease of 480.40.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 155.15. It has decreased from 650.50 (Mar 24) to 155.15, marking a decrease of 495.35.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 35.95. This value is within the healthy range. It has decreased from 154.48 (Mar 24) to 35.95, marking a decrease of 118.53.
- For PBIT / Share (Rs.), as of Mar 25, the value is 33.09. This value is within the healthy range. It has decreased from 141.78 (Mar 24) to 33.09, marking a decrease of 108.69.
- For PBT / Share (Rs.), as of Mar 25, the value is 31.07. This value is within the healthy range. It has decreased from 133.34 (Mar 24) to 31.07, marking a decrease of 102.27.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 23.33. This value is within the healthy range. It has decreased from 102.16 (Mar 24) to 23.33, marking a decrease of 78.83.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 23.33. This value is within the healthy range. It has decreased from 102.16 (Mar 24) to 23.33, marking a decrease of 78.83.
- For PBDIT Margin (%), as of Mar 25, the value is 23.16. This value is within the healthy range. It has decreased from 23.74 (Mar 24) to 23.16, marking a decrease of 0.58.
- For PBIT Margin (%), as of Mar 25, the value is 21.32. This value exceeds the healthy maximum of 20. It has decreased from 21.79 (Mar 24) to 21.32, marking a decrease of 0.47.
- For PBT Margin (%), as of Mar 25, the value is 20.02. This value is within the healthy range. It has decreased from 20.49 (Mar 24) to 20.02, marking a decrease of 0.47.
- For Net Profit Margin (%), as of Mar 25, the value is 15.03. This value exceeds the healthy maximum of 10. It has decreased from 15.70 (Mar 24) to 15.03, marking a decrease of 0.67.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 15.03. This value is within the healthy range. It has decreased from 15.70 (Mar 24) to 15.03, marking a decrease of 0.67.
- For Return on Networth / Equity (%), as of Mar 25, the value is 18.64. This value is within the healthy range. It has increased from 16.87 (Mar 24) to 18.64, marking an increase of 1.77.
- For Return on Capital Employeed (%), as of Mar 25, the value is 25.16. This value is within the healthy range. It has increased from 22.43 (Mar 24) to 25.16, marking an increase of 2.73.
- For Return On Assets (%), as of Mar 25, the value is 13.18. This value is within the healthy range. It has increased from 11.75 (Mar 24) to 13.18, marking an increase of 1.43.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.04. This value is within the healthy range. It has decreased from 0.09 (Mar 24) to 0.04, marking a decrease of 0.05.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.87. It has increased from 0.81 (Mar 24) to 0.87, marking an increase of 0.06.
- For Current Ratio (X), as of Mar 25, the value is 1.88. This value is within the healthy range. It has decreased from 1.92 (Mar 24) to 1.88, marking a decrease of 0.04.
- For Quick Ratio (X), as of Mar 25, the value is 1.28. This value is within the healthy range. It has decreased from 1.39 (Mar 24) to 1.28, marking a decrease of 0.11.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 5.85. This value is within the healthy range. It has increased from 5.63 (Mar 24) to 5.85, marking an increase of 0.22.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 2.57. This value is below the healthy minimum of 20. It has decreased from 3.42 (Mar 24) to 2.57, marking a decrease of 0.85.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 2.29. This value is below the healthy minimum of 20. It has decreased from 3.04 (Mar 24) to 2.29, marking a decrease of 0.75.
- For Earning Retention Ratio (%), as of Mar 25, the value is 97.43. This value exceeds the healthy maximum of 70. It has increased from 96.58 (Mar 24) to 97.43, marking an increase of 0.85.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 97.71. This value exceeds the healthy maximum of 70. It has increased from 96.96 (Mar 24) to 97.71, marking an increase of 0.75.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 17.81. This value is within the healthy range. It has decreased from 18.29 (Mar 24) to 17.81, marking a decrease of 0.48.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 12.56. This value is within the healthy range. It has decreased from 13.10 (Mar 24) to 12.56, marking a decrease of 0.54.
- For Enterprise Value (Cr.), as of Mar 25, the value is 8,582.90. It has increased from 6,717.25 (Mar 24) to 8,582.90, marking an increase of 1,865.65.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 5.57. This value exceeds the healthy maximum of 3. It has increased from 5.07 (Mar 24) to 5.57, marking an increase of 0.50.
- For EV / EBITDA (X), as of Mar 25, the value is 24.05. This value exceeds the healthy maximum of 15. It has increased from 21.34 (Mar 24) to 24.05, marking an increase of 2.71.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 5.57. This value exceeds the healthy maximum of 3. It has increased from 5.11 (Mar 24) to 5.57, marking an increase of 0.46.
- For Retention Ratios (%), as of Mar 25, the value is 97.42. This value exceeds the healthy maximum of 70. It has increased from 96.57 (Mar 24) to 97.42, marking an increase of 0.85.
- For Price / BV (X), as of Mar 25, the value is 6.90. This value exceeds the healthy maximum of 3. It has increased from 5.49 (Mar 24) to 6.90, marking an increase of 1.41.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 5.57. This value exceeds the healthy maximum of 3. It has increased from 5.11 (Mar 24) to 5.57, marking an increase of 0.46.
- For EarningsYield, as of Mar 25, the value is 0.02. This value is below the healthy minimum of 5. It has decreased from 0.03 (Mar 24) to 0.02, marking a decrease of 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Garware Technical Fibres Ltd:
- Net Profit Margin: 15.03%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 25.16% (Industry Average ROCE: 10.78%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 18.64% (Industry Average ROE: 29.54%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 12.56
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 1.28
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 31.8 (Industry average Stock P/E: 98.02)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.04
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 15.03%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Textiles - General | Plot No. 11, Block D-1, MIDC, Chinchwad, Pune Maharashtra 411019 | secretarial@garwarefibres.com http://www.garwarefibres.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. B D Garware | Founder & Chairman |
| Mr. R B Garware | Chairman Emeritus |
| Mr. V R Garware | Chairman & Managing Director |
| Mr. S S Rajpathak | Director |
| Ms. Mallika Sagar | Director |
| Ms. M V Garware | Director |
| Mr. A S Wagle | Director |
| Mr. Ashish Goel | Director |
FAQ
What is the intrinsic value of Garware Technical Fibres Ltd?
Garware Technical Fibres Ltd's intrinsic value (as of 20 October 2025) is 595.85 which is 21.91% lower the current market price of 763.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 7,575 Cr. market cap, FY2025-2026 high/low of 986/664, reserves of ₹1,142 Cr, and liabilities of 1,757 Cr.
What is the Market Cap of Garware Technical Fibres Ltd?
The Market Cap of Garware Technical Fibres Ltd is 7,575 Cr..
What is the current Stock Price of Garware Technical Fibres Ltd as on 20 October 2025?
The current stock price of Garware Technical Fibres Ltd as on 20 October 2025 is 763.
What is the High / Low of Garware Technical Fibres Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Garware Technical Fibres Ltd stocks is 986/664.
What is the Stock P/E of Garware Technical Fibres Ltd?
The Stock P/E of Garware Technical Fibres Ltd is 31.8.
What is the Book Value of Garware Technical Fibres Ltd?
The Book Value of Garware Technical Fibres Ltd is 125.
What is the Dividend Yield of Garware Technical Fibres Ltd?
The Dividend Yield of Garware Technical Fibres Ltd is 0.20 %.
What is the ROCE of Garware Technical Fibres Ltd?
The ROCE of Garware Technical Fibres Ltd is 24.7 %.
What is the ROE of Garware Technical Fibres Ltd?
The ROE of Garware Technical Fibres Ltd is 18.7 %.
What is the Face Value of Garware Technical Fibres Ltd?
The Face Value of Garware Technical Fibres Ltd is 10.0.