Garware Technical Fibres Ltd.

NSE: GARFIBRES BSE: 509557 SECTOR: Textile  35k   342   40

2931.85
+60.80 (2.12%)
NSE: 20 May 03:50 PM

Price Summary

Today's High

₹ 2957.1

Today's Low

₹ 2860.25

52 Week High

₹ 4030

52 Week Low

₹ 2619.8

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

6044.94 Cr.

Enterprise Value

6087.21 Cr.

No. of Shares

2.06 Cr.

P/E

37.61

P/B

6.07

Face Value

₹ 10

Div. Yield

0.24 %

Book Value (TTM)

₹  483.19

CASH

54.65 Cr.

DEBT

96.92 Cr.

Promoter Holding

52.62 %

EPS (TTM)

₹  77.96

Sales Growth

7.68%

ROE

19.16 %

ROCE

23.48%

Profit Growth

-13.13 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

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Brands

These are the brands of Garware Technical Fibres Ltd.

Sportiva Garlon

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year7.68%
3 Year4.77%
5 Year4.28%

Profit Growth

1 Year-13.13%
3 Year13.73%
5 Year20.1%

ROE%

1 Year19.16%
3 Year21.79%
5 Year21.52%

ROCE %

1 Year23.48%
3 Year26.24%
5 Year26.66%

Debt/Equity

0.1152

Price to Cash Flow

29.15

Interest Cover Ratio

21.3290369820556

CFO/PAT (5 Yr. Avg.)

0.978041359759812

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2022 52.62 0
Dec 2021 52.62 0
Sep 2021 52.62 0
Jun 2021 52.62 0
Mar 2021 52.62 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company has been maintaining healthy ROE of 21.7927315757161% over the past 3 years.
  • Company has been maintaining healthy ROCE of 26.2351210438189% over the past 3 years.
  • Company has a healthy Interest coverage ratio of 21.3290369820556.
  • The company has an efficient Cash Conversion Cycle of -131.076913211961 days.
  • The company has a high promoter holding of 52.62%.

 Limitations

  • The company has shown a poor revenue growth of 4.76760273547954% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022
Net Sales 305.1 239.26 272.75 302.25 361.8
Total Expenditure 240.75 197.47 226 250.94 285.25
Operating Profit 64.35 41.79 46.75 51.31 76.54
Other Income 5.68 6 9.87 4.8 4.8
Interest 2.32 2.32 2.66 4.02 1.46
Depreciation 5.34 5.25 5.39 5.42 5.35
Exceptional Items 0 0 0 0 0
Profit Before Tax 62.36 40.22 48.57 46.67 74.54
Tax 14.66 9.08 11.02 11.79 17.39
Profit After Tax 47.69 31.14 37.56 34.88 57.15
Adjusted EPS (Rs) 23.13 15.1 18.21 16.92 27.72

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Net Sales 845.87 884.61 1017.82 944.72 1017.26
Total Expenditure 711.17 739.33 835.05 783.83 829.67
Operating Profit 134.7 145.28 182.77 160.89 187.59
Other Income 9.15 33.05 30.19 85.78 45.69
Interest 6.54 9.98 13.72 11.21 9.97
Depreciation 14.16 15.35 17.24 19.26 20.64
Exceptional Items 0 0 0 0 0
Profit Before Tax 123.15 153.01 182 216.2 202.67
Tax 38.85 47.89 56.39 38.2 48.04
Net Profit 84.3 105.12 125.61 178 154.63
Adjusted EPS (Rs.) 38.52 48.04 57.4 81.35 75

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Equity and Liabilities
Share Capital 21.88 21.88 21.88 21.88 20.62
Total Reserves 423.71 514.11 627.62 751.05 820.74
Borrowings 0 0 0 0 0
Other N/C liabilities 37.15 39.06 44.62 42.04 47.96
Current liabilities 358.13 408.93 382.82 388.72 433.63
Total Liabilities 840.87 983.97 1076.93 1203.7 1322.95
Assets
Net Block 203.03 221.23 226.69 244.5 246.89
Capital WIP 0.31 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 111.19 244.66 288.54 325.79 275.16
Loans & Advances 25.77 26.8 20.26 17.76 18.06
Other N/C Assets 0.43 2.14 2.3 2.4 0.53
Current Assets 500.14 489.14 539.14 613.25 782.3
Total Assets 840.87 983.97 1076.93 1203.7 1322.95
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Profit from operations 123.15 153.01 182 216.2 202.67
Adjustment 12.61 1.2 15.25 -43.5 1.88
Changes in Assets & Liabilities 19 -85.01 -13.66 24.38 47.29
Tax Paid -34.28 -41.21 -50.35 -52.72 -44.47
Operating Cash Flow 120.48 27.99 133.24 144.36 207.37
Investing Cash Flow -146.76 -53.08 -77.82 -57.6 -120.56
Financing Cash Flow 27.45 29.16 -55.99 -69.23 -107.01
Net Cash Flow 1.17 4.07 -0.58 17.54 -20.2

Corporate Actions

Investors Details

PARTICULARS Mar 2021% Jun 2021% Sep 2021% Dec 2021% Mar 2022%
Promoters 52.62 52.62 52.62 52.62 52.62
garware capital ma... 16.28 16.28 16.28 16.28 16.28
vayu ramesh garware 6.62 6.61 6.62 6.62 6.62
vayu ramesh garwar... 5.38 5.38 5.38 5.38 5.38
vayu ramesh garwar... 4.30 4.30 4.30 4.30 4.30
vmir investment li... 4.21 4.21 4.21 4.21 4.21
vrg investments li... 4.03 4.03 4.03 4.03 4.03
vimlabai garware r... 2.70 2.70 2.70 2.70 2.70
moonshine investme... 2.10 2.10 2.10 2.10 2.10
manmit investments... 1.30 1.30 1.30 1.30 1.30
sanand investments... 1.26 1.26 1.26 1.26 1.26
sukukar holdings &... 1.17 1.17 1.17 1.17 1.17
starshine comtrade... - - - - -
starshine investme... 0.92 0.92 0.92 0.92 0.92
gurukrupa comtrade... - - - - -
gurukrupa investme... 0.42 0.42 0.42 0.42 0.42
garware research ... 0.01 0.01 0.01 0.01 0.01
PARTICULARS Mar 2021% Jun 2021% Sep 2021% Dec 2021% Mar 2022%
Investors 47.38 47.38 47.38 47.38 47.38
catamaran advisors... - 2.15 2.17 2.46 2.46
verdipapirfondent ... 1.94 - - - -
verdipapirfondet o... - - 1.19 1.63 1.82
sbi small cap fund 1.19 - 1.35 1.31 1.31
sbi small and midc... - 1.35 - - -
garware polyester ... 1.20 1.20 1.20 1.20 1.20
vinodchandra mansu... 1.17 1.17 1.17 1.17 1.17
al mehwar commerci... - - - - -
iepf 0.28 0.25 0.25 0.28 0.28

Annual Reports

Ratings & Research Reports

Company Presentations

  • PresentationQ4FY21 10 Jun 2021

Company News

Garware Tech. Fibres - Quaterly Results5 May 2022, 3:48PM Garware Tech. Fibres - Quaterly Results5 May 2022, 3:48PM Garware Tech. Fibres - Quaterly Results5 May 2022, 3:48PM Garware Technical Fibres informs about compliances-certificate 5 Apr 2022, 4:39PM Garware Technical Fibres informs about loss of share certificate22 Mar 2022, 5:24PM Garware Technical Fibres informs about loss of share certificates17 Feb 2022, 5:03PM Garware Tech. Fibres - Quaterly Results12 Feb 2022, 5:04PM Garware Tech. Fibres - Quaterly Results12 Feb 2022, 5:04PM Garware Tech. Fibres - Quaterly Results12 Feb 2022, 5:04PM Garware Technical Fibres informs about newspaper publication27 Nov 2021, 12:08PM Garware Technical Fibres informs about analyst meet28 Sep 2021, 10:32AM Garware Technical Fibres informs about analyst meet21 Sep 2021, 11:00AM Garware Technical Fibres informs about voting results and scrutinizer's report 17 Sep 2021, 3:04PM Garware Technical Fibres informs about annual report25 Aug 2021, 1:40PM Garware Technical Fibres informs about newspaper advertisement 5 Aug 2021, 3:26PM Garware Technical Fibres incorporates wholly owned subsidiary company 5 Aug 2021, 12:26PM Garware Technical Fibres informs about details of loss of certificate 8 Jul 2021, 4:38PM Garware Technical Fibres informs about confirmation certificate5 Jul 2021, 4:30PM Garware Technical Fibres informs about disclosure of related party transactions 18 Jun 2021, 1:54PM Garware Technical Fibres informs about analyst meet7 Jun 2021, 9:56AM Garware Technical Fibres informs about newspaper publication20 May 2021, 12:46PM Garware Technical Fibres informs about loss of share certificate 7 May 2021, 2:18PM Garware Technical Fibres informs about issuance of duplicate of share certificates27 Apr 2021, 4:07PM Garware Technical Fibres informs about loss of share certificate25 Feb 2021, 11:25AM Garware Technical Fibres informs about outcome of board meeting11 Feb 2021, 3:57PM Garware Technical Fibres informs about press release11 Feb 2021, 3:53PM Garware Technical Fibres informs about loss of share certificate25 Jan 2021, 12:30PM Garware Technical Fibres informs about loss of share certificate30 Dec 2020, 10:42AM Garware Technical fibres informs about loss of share certificate15 Dec 2020, 3:44PM Garware Technical Fibres incorporates WOS company16 Oct 2020, 10:12AM Garware Technical Fibres informs about compliance certificate9 Oct 2020, 3:02PM Garware Technical Fibres informs about press release11 Sep 2020, 3:26PM Garware Technical fibres informs about newspaper publication11 Aug 2020, 3:52PM

Garware Tech. Fibres Stock Price Analysis and Quick Research Report. Is Garware Tech. Fibres an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Garware Tech. Fibres has a PE ratio of 37.6095183118466 which is high and comparatively overvalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Garware Tech. Fibres has ROA of 12.2399400216042 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Garware Tech. Fibres has a Current ratio of 1.8040630774627 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Garware Tech. Fibres has a ROE of 19.1577243498114 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Garware Tech. Fibres has a D/E ratio of 0.1152 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Garware Tech. Fibres has an Inventory turnover ratio of 5.65310343084519 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Garware Tech. Fibres has reported revenue growth of 7.67871066108701 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Garware Tech. Fibres for the current financial year is 18.4405965778141 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Garware Tech. Fibres is Rs 2.5 and the yield is 0.2383 %.

Brief about Garware Tech. Fibres

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