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Garware Marine

  • Market Cap: Micro Cap
  • Industry: Miscellaneous
  • ISIN: INE925D01014
  • NSEID:
  • BSEID: 509563
INR
24.44
-0.01 (-0.04%)
BSENSE

Apr 11, 12:41 PM

BSE+NSE Vol: 1.48 k

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

24.4424.45

52 Week

9.5357.01
Valuation
Technical
Day's Volume

CASH

1.48 k (68.45%) Volume

Shareholding (Dec 2024)

FII

0.00%

Held by 0 FIIs

DII

2.43%

Held by 0 DIIs

Promoter

37.55%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Weak Long Term Fundamental Strength with a -0.18% CAGR growth in Net Sales over the last 5 years

  • Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of 0.11
  • The company has been able to generate a Return on Equity (avg) of 1.52% signifying low profitability per unit of shareholders funds
2

Flat results in Dec 24

 
3

Stock is technically in a Mildly Bearish range

4

With ROE of 1.5, it has a Very Expensive valuation with a 0.8 Price to Book Value

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Miscellaneous

stock-summary
Market cap

INR 14 Cr (Micro Cap)

stock-summary
P/E

14.00

stock-summary
Industry P/E

28

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.00

stock-summary
Return on Equity

1.50%

stock-summary
Price to Book

0.84

Revenue and Profits (1 Year):
Net Sales:
0 Cr
(Quarterly Results - Dec 2024)
Net Profit:
0 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-28.03%
0%
-28.03%
1 Year
92.59%
0%
92.59%
2 Years
219.9%
0%
219.9%
3 Years
64.69%
0%
64.69%
4 Years
454.2%
0%
454.2%
5 Years
1179.58%
0%
1179.58%

Latest dividend: 0.5 per share ex-dividend date: Dec-20-2011

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
-0.18%
EBIT Growth (5y)
3.89%
EBIT to Interest (avg)
0.11
Debt to EBITDA (avg)
0.74
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.14
Tax Ratio
18.18%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
2.43%
ROCE (avg)
1.23%
ROE (avg)
1.52%
Valuation key factors
Factor
Value
P/E Ratio
14
Industry P/E
28
Price to Book Value
0.84
EV to EBIT
14.08
EV to EBITDA
14.08
EV to Capital Employed
0.84
EV to Sales
12.57
PEG Ratio
0.03
Dividend Yield
NA
ROCE (Latest)
1.32%
ROE (Latest)
1.50%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bullish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Non Institution

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Sushma Ashok Garware (16.23%)

Highest Public shareholder

Shri Krishna Welfare Trust (2.87%)

Individual Investors Holdings

45.91%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 80.00% vs -57.14% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 200.00% vs -50.00% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "0.27",
          "val2": "0.15",
          "chgp": "80.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "0.08",
          "val2": "-0.04",
          "chgp": "300.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "0.06",
          "val2": "0.02",
          "chgp": "200.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "29.63%",
          "val2": "-26.67%",
          "chgp": "56.30%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 94.44% vs -47.83% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 1,400.00% vs -115.38% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "0.70",
          "val2": "0.36",
          "chgp": "94.44%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "0.32",
          "val2": "-0.02",
          "chgp": "1,700.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "0.26",
          "val2": "-0.02",
          "chgp": "1,400.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "45.71%",
          "val2": "-5.56%",
          "chgp": "51.27%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 90.20% vs -50.96% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 0.00% vs -100.00% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "0.97",
          "val2": "0.51",
          "chgp": "90.20%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "0.40",
          "val2": "-0.06",
          "chgp": "766.67%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "0.32",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "41.24%",
          "val2": "-11.76%",
          "chgp": "53.00%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -45.90% vs -22.78% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -158.33% vs 1,100.00% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "0.66",
          "val2": "1.22",
          "chgp": "-45.90%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-0.12",
          "val2": "0.11",
          "chgp": "-209.09%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-0.07",
          "val2": "0.12",
          "chgp": "-158.33%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-18.18%",
          "val2": "9.02%",
          "chgp": "-27.20%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
0.27
0.15
80.00%
Operating Profit (PBDIT) excl Other Income
0.08
-0.04
300.00%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Standalone Net Profit
0.06
0.02
200.00%
Operating Profit Margin (Excl OI)
29.63%
-26.67%
56.30%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is 80.00% vs -57.14% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in quarter ended Dec 2024 is 200.00% vs -50.00% in Dec 2023

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
0.70
0.36
94.44%
Operating Profit (PBDIT) excl Other Income
0.32
-0.02
1,700.00%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Standalone Net Profit
0.26
-0.02
1,400.00%
Operating Profit Margin (Excl OI)
45.71%
-5.56%
51.27%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 94.44% vs -47.83% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is 1,400.00% vs -115.38% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
0.97
0.51
90.20%
Operating Profit (PBDIT) excl Other Income
0.40
-0.06
766.67%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Standalone Net Profit
0.32
0.00
Operating Profit Margin (Excl OI)
41.24%
-11.76%
53.00%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 90.20% vs -50.96% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 0.00% vs -100.00% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
0.66
1.22
-45.90%
Operating Profit (PBDIT) excl Other Income
-0.12
0.11
-209.09%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Standalone Net Profit
-0.07
0.12
-158.33%
Operating Profit Margin (Excl OI)
-18.18%
9.02%
-27.20%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -45.90% vs -22.78% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is -158.33% vs 1,100.00% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Garware Marine Industries Ltd stock-summary
stock-summary
Garware Marine Industries Ltd
Micro Cap
Miscellaneous
Garware Marine Industries Ltd (GMIL), a Public Limited Company, was incorporated on August 8, 1975 with the name as 'Modern Nets Ltd'. On March 29, 1976, the Company commenced their operations. Thereafter, the name of the Company got changed to Garware Marine Industries Ltd. in December, 1981. The company is headquartered in Mumbai and their factory is located at Ahmednagar in Maharashtra. It was promoted by Late Padma Bhushan, Shri. B. D. Garware, founder of the Garware Group of Companies.
Company Coordinates stock-summary
Company Details
102 Buildarch Wisteria 1st Flr, Ram Maruti Road Dadar(W) Mumbai Maharashtra : 400028
stock-summary
Tel: 91-022-2423-4000
stock-summary
WWW.garwaremarine.com
stock-summary
investorredessal@garwarmarine.com
Registrar Details
Bigshare Services Pvt Ltd , E-2 , Ansa Industrial Estate, Saki Vihar Road, Saki Naka, Andheri (E), Mumbai
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