Garware Tech. Fibres
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Garware Tech. Fibres share price

Garware Technical Fibres Ltd.

NSE: GARFIBRES BSE: 509557 SECTOR: Textile  81k   453   56

3255.40
-24.90 (-0.76%)
NSE: 26 Apr 04:02 PM

Price Summary

Today's High

₹ 3305.3

Today's Low

₹ 3240.2

52 Week High

₹ 3846.85

52 Week Low

₹ 2853.75

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.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 6463 Cr.

Enterprise Value

₹ 6557.1 Cr.

No. of Shares

1.99 Cr.

P/E

34.99

P/B

5.57

Face Value

₹ 10

Div. Yield

0.11 %

Book Value (TTM)

₹  584.3

CASH

₹ 38.76 Cr.

DEBT

₹ 132.86 Cr.

Promoter Holding

52.7 %

EPS (TTM)

₹  93.04

Sales Growth

6.6%

ROE

15.73 %

ROCE

19.56%

Profit Growth

-1.03 %

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

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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.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* 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

View Full Peer Comparison
* 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 Year6.6%
3 Year9.89%
5 Year7.22%

Profit Growth

1 Year-1.03%
3 Year-3.68%
5 Year8.64%

ROE%

1 Year15.73%
3 Year17.46%
5 Year19.72%

ROCE %

1 Year19.56%
3 Year21.64%
5 Year24.03%

Debt/Equity

0.1295

Price to Cash Flow

34.86

Interest Cover Ratio

18.4082663837098

CFO/PAT (5 Yr. Avg.)

0.935949949302295

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 52.7 0
Dec 2023 52.7 0
Sep 2023 52.7 0
Jun 2023 52.7 0
Mar 2023 52.7 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company has been maintaining healthy ROCE of 21.6431154591802% over the past 3 years.
  • Company has a healthy Interest coverage ratio of 18.4082663837098.
  • The company has an efficient Cash Conversion Cycle of -54.6254079441147 days.
  • The company has a high promoter holding of 52.7%.

 Limitations

  • The company has shown a poor profit growth of -3.67860377506314% for the Past 3 years.
  • The company has shown a poor revenue growth of 9.88882232823956% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 249.55 359.03 319.98 320.8 268.33
Total Expenditure 209.45 282.81 261.32 258.07 223.21
Operating Profit 40.11 76.22 58.66 62.73 45.12
Other Income 7.79 7.88 9.35 10.04 11.07
Interest 2.81 3.17 4.35 4.2 2.86
Depreciation 5.56 5.82 6.07 6.27 6.72
Exceptional Items 0 0 0 0 0
Profit Before Tax 39.52 75.11 57.59 62.29 46.61
Tax 9.44 18.14 13.14 14.76 10.83
Profit After Tax 30.08 56.97 44.44 47.53 35.78
Adjusted EPS (Rs) 14.61 27.66 21.81 23.33 17.56

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

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 1017.82 944.72 1017.26 1176.05 1253.62
Total Expenditure 835.05 783.83 829.67 977.5 1054.11
Operating Profit 182.77 160.89 187.59 198.55 199.51
Other Income 30.19 85.78 45.69 43.31 41.32
Interest 13.72 11.21 9.97 10.45 11.87
Depreciation 17.24 19.26 20.64 21.41 22.24
Exceptional Items 0 0 0 0 0
Profit Before Tax 182 216.2 202.67 210.01 206.72
Tax 56.39 38.2 48.04 49.28 47.65
Net Profit 125.61 178 154.63 160.73 159.07
Adjusted EPS (Rs.) 57.4 81.35 75 77.96 78.06

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 21.88 21.88 20.62 20.62 20.38
Total Reserves 627.62 751.05 820.74 975.62 1005.83
Borrowings 0 0 0 0 0
Other N/C liabilities 44.62 42.04 47.96 47.38 45.91
Current liabilities 382.82 388.72 433.63 386.38 420.34
Total Liabilities 1076.93 1203.7 1322.95 1430.01 1492.47
Assets
Net Block 226.69 244.5 246.89 239.82 245.2
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 288.54 325.79 275.16 389.31 655.68
Loans & Advances 20.26 17.76 18.06 18.13 22.43
Other N/C Assets 2.3 2.4 0.53 0.52 8.04
Current Assets 539.14 613.25 782.3 782.22 561.12
Total Assets 1076.93 1203.7 1322.95 1430.01 1492.47
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 182 216.2 202.67 210.01 206.72
Adjustment 15.25 -43.5 1.88 8.21 10.24
Changes in Assets & Liabilities -13.66 24.38 45.28 -109.67 22.13
Tax Paid -50.35 -52.72 -44.47 -48.69 -53.69
Operating Cash Flow 133.24 144.36 205.36 59.86 185.39
Investing Cash Flow -77.82 -57.6 -120.56 7.47 -102.72
Financing Cash Flow -55.99 -69.23 -107.01 -32.95 -85.03
Net Cash Flow -0.58 17.54 -22.21 34.38 -2.36

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 52.70 52.70 52.70 52.70 52.70
garware capital markets l... 17.51 17.51 17.51 17.51 17.51
garware research institut... - - - 0.01 0.01
gurukrupa comtrade p ltd ... 4.20 4.20 4.20 4.20 4.20
gurukrupa comtrade privat... 0.44 0.44 0.44 0.44 0.44
manmit investments and tr... 1.39 1.39 1.39 1.39 1.39
moonshine investments and... 2.25 2.25 2.25 2.25 2.25
sanand investments and tr... 1.35 1.35 1.35 1.35 1.35
starshine comtrade privat... 0.99 0.99 0.99 0.99 0.99
sukukar holdings and trad... 1.26 1.26 1.26 1.26 1.26
sukukarholdings and tradi... 5.26 5.26 5.26 5.26 5.26
vayu ramesh garware 6.46 6.46 6.46 6.46 6.46
vimlabai garware research... 2.72 2.72 2.72 2.72 2.72
vmir investment limited 4.53 4.53 4.53 4.53 4.53
vrg investments pvt ltd f... - - - 4.33 4.33
garware research institu... 0.01 0.01 0.01 - -
vrg investments limited 4.33 4.33 4.33 - -
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 47.30 47.30 47.30 47.30 47.30
ashoka whiteoak icav - as... - - - 1.87 1.87
garware hi-tech films lim... 1.29 1.29 1.29 1.29 1.29
investor education and pr... 0.52 0.52 0.56 - 0.55
kotak small cap fund 3.89 4.57 4.87 4.88 4.88
llp 0.19 0.18 0.18 0.15 0.09
sbi magnum global fund - 1.71 2.23 2.89 3.24
verdipapirfondet odin eme... 1.41 1.41 1.36 1.36 1.30
vinodchandra mansukhlal p... 1.14 1.14 1.14 1.14 1.14
investor education and pr... - - - 0.55 -
ashoka india opportunitie... 1.82 1.82 1.82 - -
sbi small cap fund 1.38 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

  • PresentationQ4FY22 7 Jun 2022
  • PresentationQ4FY21 10 Jun 2021
  • PresentationFY2023 24 Nov 2023

Company News

Garware Technical Fibres informs about loss of share certificate12 Mar 2024, 2:27PM Garware Technical Fibres informs about change in record date20 Feb 2024, 5:25PM Garware Technical Fibres informs about corrigendum to notice of postal ballot20 Feb 2024, 4:37PM Garware Tech. Fibres - Quaterly Results29 Jan 2024, 4:59PM Garware Tech. Fibres - Quaterly Results29 Jan 2024, 4:59PM Garware Tech. Fibres - Quaterly Results29 Jan 2024, 4:59PM Garware Technical Fibres informs about analyst meet 30 Nov 2023, 4:59PM Garware Tech. Fibres - Quaterly Results6 Nov 2023, 3:15PM Garware Tech. Fibres - Quaterly Results6 Nov 2023, 3:15PM Garware Tech. Fibres - Quaterly Results6 Nov 2023, 3:15PM Garware Technical Fibres informs about confirmation certificate5 Oct 2023, 4:30PM Garware Technical Fibres informs about loss of share certificate12 Sep 2023, 3:12PM Garware Technical Fibres informs about newspaper publication 28 Aug 2023, 3:26PM Garware Technical Fibres informs about annual report26 Aug 2023, 2:34PM Garware Technical Fibres informs about newspaper advertisement22 Aug 2023, 2:38PM Garware Tech. Fibres - Quaterly Results14 Aug 2023, 3:47PM Garware Tech. Fibres - Quaterly Results14 Aug 2023, 3:47PM Garware Tech. Fibres - Quaterly Results14 Aug 2023, 3:47PM Garware Technical Fibres informs about analyst meet30 May 2023, 2:16PM Garware Technical Fibres informs about investor presentation30 May 2023, 2:05PM Garware Technical Fibres informs about press release23 May 2023, 12:53PM Garware Tech. Fibres - Quaterly Results22 May 2023, 4:38PM Garware Tech. Fibres - Quaterly Results22 May 2023, 4:38PM Garware Tech. Fibres - Quaterly Results22 May 2023, 4:38PM Garware Technical Fibre informs about disclosure21 Apr 2023, 2:14PM Garware Technical Fibres informs about loss of share certificate20 Apr 2023, 2:22PM Garware Technical Fibres informs about loss of share certificate 4 Apr 2023, 2:24PM Garware Technical Fibres to acquire 26% stake in TP Bhaskar Renewables17 Mar 2023, 5:31PM Garware Technical Fibres informs about analyst meet 28 Feb 2023, 10:41AM Garware Technical Fibres informs about issue of duplicate share certificate15 Feb 2023, 5:20PM Garware Tech. Fibres - Quaterly Results9 Feb 2023, 4:10PM Garware Tech. Fibres - Quaterly Results9 Feb 2023, 4:10PM Garware Tech. Fibres - Quaterly Results9 Feb 2023, 4:10PM Garware Technical Fibres informs about loss of share certificate 2 Feb 2023, 12:58PM Garware Technical Fibres informs about board meeting 2 Feb 2023, 12:57PM Garware Technical Fibres informs about credit rating21 Jan 2023, 2:42PM Garware Technical Fibres informs about loss of share certificate 14 Dec 2022, 5:17PM Garware Technical Fibres informs about newspaper publication30 Nov 2022, 4:48PM Garware Technical Fibres informs about loss of share certificates18 Nov 2022, 3:08PM Garware Technical Fibres informs about disclosure of related party transactions2 Nov 2022, 5:22PM Garware Technical Fibres informs about newspaper advertisement22 Oct 2022, 12:07PM Garware Tech. Fibres - Quaterly Results21 Oct 2022, 5:16PM Garware Tech. Fibres - Quaterly Results21 Oct 2022, 5:16PM Garware Technical Fibres informs about issuance of duplicate share certificate 13 Oct 2022, 4:58PM Garware Technical Fibres informs about loss of share certificate 28 Sep 2022, 4:16PM Garware Technical Fibres informs about disclosure 17 Sep 2022, 11:13AM Garware Technical Fibres informs about loss of share certificate 16 Sep 2022, 5:08PM Garware Technical Fibres informs about press release23 Aug 2022, 4:32PM Garware Technical Fibres informs about AGM22 Aug 2022, 5:05PM Garware Technical Fibres informs about AGM22 Aug 2022, 5:01PM

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 determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Garware Tech. Fibres . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. 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 34.9877101288529 which is high and comparatively overvalued .

  • Share Price: - The current share price of Garware Tech. Fibres is Rs 3255.4. One can use valuation calculators of ticker to know if Garware Tech. Fibres share price is undervalued or 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 10.8859890626914 % 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 1.33491116574354 .

  • 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 15.7304024125539 % .(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 Debt to Equity ratio of 0.1295 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Garware Tech. Fibres has reported revenue growth of 6.59511896811593 % 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 15.9148553210199 %.

  • 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 3.5 and the yield is 0.1073 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Garware Tech. Fibres is Rs 93.0441 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Garware Tech. Fibres in Ticker for free. Also, one can get the intrinsic value of Garware Tech. Fibres by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about Garware Tech. Fibres

Garware Technical Fibres Ltd. Financials: Check Share price, Balance Sheet, Annual report and Quarterly Results for company analysis

Garware Technical Fibres Ltd. is a leading manufacturer of technical textiles and is well known for its innovative products and solutions. This company is a top-performing stock on the Indian stock market and has a lot to offer to long-term investors looking for potential investment opportunities. This Garware Technical Fibres Ltd. stock analysis page provides in-depth insights on various essential topics related to the company's financial performance and growth potential.

Garware Technical Fibres Ltd. Share Price:

Analyzing the share price of Garware Technical Fibres Ltd. is imperative for long-term investors seeking potential investment opportunities in the stock market. By understanding the movement of the share price over time, investors can identify trends, compare performance with industry peers, and evaluate growth potential. Utilizing the pre-built screening tools available on our website, investors can analyze Garware Technical Fibres Ltd.'s share price trends more effectively. A stock's share price is determined by a range of factors, such as market sentiment, financial performance, and general economic conditions.

Garware Technical Fibres Ltd. Balance Sheet:

To gain a deep understanding of Garware Technical Fibres Ltd.'s financial health and growth potential, analyzing its balance sheet is critical. The balance sheet provides insights into the company's liquidity, debt levels, and current ratio. Utilizing our pre-built screening tools, investors can compare Garware Technical Fibres Ltd.'s balance sheet with industry peers and identify potential investment opportunities for long-term growth.

Garware Technical Fibres Ltd. Annual Report:

Garware Technical Fibres Ltd.'s annual reports are valuable resources for long-term investors seeking to understand the company's performance. Our website provides downloadable copies of the annual reports, allowing investors to delve into the information provided. By utilizing our premium feature tools, such as DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont Analysis, investors can gain deeper insights and make well-informed decisions about their long-term investment strategies.

Garware Technical Fibres Ltd. Dividend:

For long-term stock investors seeking consistent returns, understanding Garware Technical Fibres Ltd.'s dividend payout history is critical. Assessing the consistency and growth potential of the company's dividend payouts is essential. Our website provides information on Garware Technical Fibres Ltd.'s dividend payouts, allowing for analysis and comparison with industry peers. Utilizing our pre-built screening tools, investors can identify potential investment opportunities and make informed decisions about long-term investments.

Garware Technical Fibres Ltd. Quarterly Result:

Analyzing Garware Technical Fibres Ltd.'s quarterly results is vital for long-term investors seeking a comprehensive understanding of the company's performance over time. Our website offers quick access to detailed analysis of Garware Technical Fibres Ltd.'s quarterly results, enabling investors to make well-informed decisions about long-term investments. Investors can also download Garware Technical Fibres Ltd.'s quarterly reports from our website for a more in-depth analysis.

Garware Technical Fibres Ltd. Stock Price:

Garware Technical Fibres Ltd.'s stock price reflects the overall performance of the company and is a critical factor for long-term investors seeking investment opportunities. Analyzing the trends in Garware Technical Fibres Ltd.'s stock price over time and comparing its performance with industry peers is essential. Our pre-built screening tools enable quick analysis and identification of potential long-term investment opportunities. Our website provides pre-built screening tools to help investors analyze stock prices and performance.

Garware Technical Fibres Ltd. Price Chart:

Graphical representation of Garware Technical Fibres Ltd.'s stock price trends is beneficial for long-term investors seeking potential investment opportunities. By utilizing the price charts available on our website and combining them with our pre-built screening tools, investors can gain valuable insights into the company's performance and growth potential for long-term investments.

Garware Technical Fibres Ltd. News:

Staying updated with the latest news and market developments is critical for long-term stock investors. Our website features timely articles and events related to Garware Technical Fibres Ltd.'s stock market performance. By tracking both local and international news, investors can gain valuable insights into the company's financial performance and growth potential, allowing for well-informed decisions about long-term investments.

Garware Technical Fibres Ltd. Concall Transcripts:

Analyzing Garware Technical Fibres Ltd.'s con call transcripts provides long-term investors with valuable insights into the company's future guidance, strategic initiatives, and financial performance. Our website provides access to Garware Technical Fibres Ltd.'s con call transcripts as downloadable documents for in-depth analysis. By utilizing our premium feature tools, such as DCF Analysis and Earnings multiple approaches, investors can analyze the information provided in the transcripts and gain crucial insights.

Garware Technical Fibres Ltd. Investor Presentations:

Garware Technical Fibres Ltd.'s investor presentations offer investors vast amounts of information about the company's growth potential as a long-term investment opportunity. Our website provides access to Garware Technical Fibres Ltd.'s investor presentations as downloadable documents, enhancing investors' analysis. By utilizing our premium feature tools, such as BVPS Analysis and DuPont Analysis, investors can analyze the information provided in the presentations and gain valuable insights.

Garware Technical Fibres Ltd. Promoters and Shareholders:

Understanding the promoters and shareholders of Garware Technical Fibres Ltd. is critical for long-term investors. Our website provides detailed information about the company's promoters and shareholders, facilitating in-depth analysis and informed decision-making. Utilize our pre-built screening tools to analyze Garware Technical Fibres Ltd.'s shareholding patterns and identify potential long-term growth opportunities.

This Garware Technical Fibres Ltd. stock analysis page covers various critical areas of interest for long-term stock investors. From analyzing share price trends to understanding the balance sheet, annual reports, dividend payouts, and quarterly results, this page provides comprehensive insights for informed decision-making. Additionally, our website offers pre-built screening tools to compare and analyze Garware Technical Fibres Ltd.'s performance with industry peers. Moreover, our premium feature tools like DCF Analysis, BVPS Analysis, Earnings multiple approaches, and DuPont Analysis enhance the analysis process. You can also access downloadable copies of Garware Technical Fibres Ltd.'s annual reports and quarterly results for deeper analysis.

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