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Garware Tech

  • Market Cap: Mid Cap
  • Industry: Textile
  • ISIN: INE276A01018
  • NSEID: GARFIBRES
  • BSEID: 509557
INR
852.50
23.5 (2.83%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 43.78 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

830.95853.10

52 Week

633.37985.16
Valuation
Technical
Day's Volume

CASH

43.78 k (-4.47%) Volume

Shareholding (Jan 2025)

FII

10.15%

Held by 103 FIIs

DII

10.24%

Held by 13 DIIs

Promoter

53.00%

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

Poor long term growth as Net Sales has grown by an annual rate of 8.52% and Operating profit at 12.95% over the last 5 years

 
2

Flat results in Dec 24

3

Stock is technically in a Mildly Bearish range

4

With ROE of 20.1, it has a Very Expensive valuation with a 7.3 Price to Book Value

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

Textile

stock-summary
Market cap

INR 8,462 Cr (Mid Cap)

stock-summary
P/E

36.00

stock-summary
Industry P/E

18

stock-summary
Dividend Yield

0.07%

stock-summary
Debt Equity

-0.01

stock-summary
Return on Equity

20.08%

stock-summary
Price to Book

7.33

Revenue and Profits (1 Year):
Net Sales:
351 Cr
(Quarterly Results - Dec 2024)
Net Profit:
48 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.07%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
6.59%
0%
6.59%
1 Year
25.98%
0.47%
26.45%
2 Years
47.3%
1.12%
48.42%
3 Years
33.58%
2.33%
35.91%
4 Years
58.06%
2.94%
61.0%
5 Years
258.21%
6.26%
264.47%

Latest dividend: 3 per share ex-dividend date: Sep-12-2024

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)
8.52%
EBIT Growth (5y)
12.95%
EBIT to Interest (avg)
16.23
Debt to EBITDA (avg)
0.56
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.10
Tax Ratio
24.14%
Dividend Payout Ratio
2.94%
Pledged Shares
0
Institutional Holding
20.39%
ROCE (avg)
24.05%
ROE (avg)
18.08%
Valuation key factors
Factor
Value
P/E Ratio
36
Industry P/E
18
Price to Book Value
7.33
EV to EBIT
28.91
EV to EBITDA
26.34
EV to Capital Employed
7.42
EV to Sales
5.51
PEG Ratio
1.88
Dividend Yield
0.07%
ROCE (Latest)
24.70%
ROE (Latest)
20.08%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
Mildly Bullish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Jan 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 6 Schemes (9.37%)

FIIs

Held by 103 FIIs (10.15%)

Promoter with highest holding

Garware Capital Markets Limited (17.97%)

Highest Public shareholder

Kotak Small Cap Fund (5.19%)

Individual Investors Holdings

21.32%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -16.61% vs 25.08% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -27.58% vs 41.06% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "350.72",
          "val2": "420.59",
          "chgp": "-16.61%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "64.65",
          "val2": "91.45",
          "chgp": "-29.31%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "4.32",
          "val2": "6.42",
          "chgp": "-32.71%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "47.77",
          "val2": "65.96",
          "chgp": "-27.58%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "18.43%",
          "val2": "21.74%",
          "chgp": "-3.31%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 15.73% vs -0.99% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 18.11% vs 25.65% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "756.84",
          "val2": "653.97",
          "chgp": "15.73%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "155.85",
          "val2": "126.79",
          "chgp": "22.92%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "12.59",
          "val2": "8.61",
          "chgp": "46.23%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "112.72",
          "val2": "95.44",
          "chgp": "18.11%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "20.59%",
          "val2": "19.39%",
          "chgp": "1.20%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 17.41% vs 0.89% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 15.70% vs 23.26% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,107.56",
          "val2": "943.34",
          "chgp": "17.41%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "220.50",
          "val2": "180.27",
          "chgp": "22.32%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "16.91",
          "val2": "11.56",
          "chgp": "46.28%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "160.49",
          "val2": "138.71",
          "chgp": "15.70%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "19.91%",
          "val2": "19.11%",
          "chgp": "0.80%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 1.54% vs 9.77% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 20.89% vs 4.50% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,325.61",
          "val2": "1,305.55",
          "chgp": "1.54%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "271.61",
          "val2": "229.54",
          "chgp": "18.33%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "17.21",
          "val2": "11.95",
          "chgp": "44.02%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "208.18",
          "val2": "172.20",
          "chgp": "20.89%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "20.49%",
          "val2": "17.58%",
          "chgp": "2.91%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
350.72
420.59
-16.61%
Operating Profit (PBDIT) excl Other Income
64.65
91.45
-29.31%
Interest
4.32
6.42
-32.71%
Exceptional Items
0.00
0.00
Consolidate Net Profit
47.77
65.96
-27.58%
Operating Profit Margin (Excl OI)
18.43%
21.74%
-3.31%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is -16.61% vs 25.08% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is -27.58% vs 41.06% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
756.84
653.97
15.73%
Operating Profit (PBDIT) excl Other Income
155.85
126.79
22.92%
Interest
12.59
8.61
46.23%
Exceptional Items
0.00
0.00
Consolidate Net Profit
112.72
95.44
18.11%
Operating Profit Margin (Excl OI)
20.59%
19.39%
1.20%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 15.73% vs -0.99% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 18.11% vs 25.65% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
1,107.56
943.34
17.41%
Operating Profit (PBDIT) excl Other Income
220.50
180.27
22.32%
Interest
16.91
11.56
46.28%
Exceptional Items
0.00
0.00
Consolidate Net Profit
160.49
138.71
15.70%
Operating Profit Margin (Excl OI)
19.91%
19.11%
0.80%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 17.41% vs 0.89% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 15.70% vs 23.26% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
1,325.61
1,305.55
1.54%
Operating Profit (PBDIT) excl Other Income
271.61
229.54
18.33%
Interest
17.21
11.95
44.02%
Exceptional Items
0.00
0.00
Consolidate Net Profit
208.18
172.20
20.89%
Operating Profit Margin (Excl OI)
20.49%
17.58%
2.91%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 1.54% vs 9.77% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 20.89% vs 4.50% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Garware Technical Fibres Ltd stock-summary
stock-summary
Garware Technical Fibres Ltd
Mid Cap
Textile
Garware Technical Fibres Limited (GTFL) was incorporated on 1st April 1976 in Mumbai. The Company is a leading manufacturer of technical textiles catering to both domestic and international markets. It provides innovative solutions in the field of fisheries, aquaculture, shipping, sports, agriculture, coated fabrics, and geo-synthetics. It has products manufacturing facilities at Wai and Pune, in Western Maharashtra and markets the same in more than 75 countries globally.
Company Coordinates stock-summary
Company Details
Plot No 11 Block D-1, MIDC Chinchwad Pune Maharashtra : 411019
stock-summary
Tel: 91-20-30780000
stock-summary
http://www.garwarefibres.com
stock-summary
pune_admin@garwareropes.com
Registrar Details
Link Intime India Pvt Ltd, Block No 202, 2nd Floor, Akshay Complex, Near Ganesh Temple, Off Dhole Patil Road , Pune
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