GARWARE TECHNICAL FIBRES LIMITED
Garware Technical Fibres Limited manufactures and sells various technical textile products in India and internationally. It operates through Synthetic Cordage and Fibre and Industrial Products and Projects segments. The company provides smolt and grow out cages, predator cages, mooring and vertical ropes, and lice shields; bottom and pelagic trawling, purse seine, gill and dol netting, and crab/lobster netting, as well as trawling products; and insect, anti-hail, anti-bird, grape, crop support, floriculture, fencing, cage, shade, and BLRS nets, as well as staking cord, seed production, and weed mat products. It also offers coated fabrics products for decorative fabrics, bouncies, passive heat management solution, sports, water tank/bio flock, bio gas, and shelter fabrics applications; mooring, towing, and other rope articles and accessories; UHMPE products; single point mooring systems; air inflatable tents/shelters/structures, recovery/under slung ropes, and fast ropes; fire retardant/vehicle/muzzle/gun covers; sport nets, sports frames and accessories, safety/protection nets, and fitness and mountaineering ropes, as well as customized products comprising wood carrying bags, hay and cargo nets, and helicopter landing nets; and transmission, submersible, and other general applications ropes. In addition, the company provides bag closing, doll hair, and jute bag stitching products; fall protection solutions; bird protection nets; and geo synthesis solutions for environment, highways and railways, erosion control, mining, oil and gas, energy, slope protection, coastal and river protection works; and lifting solutions, such as lifting and round slings, cut and abrasion resistant sleeves, and other slings. The company was formerly known as Garware-Wall Ropes Limited and changed its name to Garware Technical Fibres Limited in July 2018. Garware Technical Fibres Limited was incorporated in 1976 and is based in Pune, India.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockStrengths1
- Healthy return on equity of 16.2%
Concerns1
- Negative free cash flow (βΉ137 Cr)
Rule-based from financial data. Not advice.
Monthly Returns
Year-to-Date ROI
Historical Volatility
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ1.48 K Cr | β | βΉ214.00 Cr | β | β | 17.5% | 16.4% | 7.5% |
| Mar 2024 | βΉ1.27 K Cr | β | βΉ199.00 Cr | β | β | 16.2% | 1.9% | 25.2% |
| Mar 2023 | βΉ1.25 K Cr | β | βΉ159.00 Cr | β | β | 15.5% | 6.3% | -1.2% |
| Mar 2022 | βΉ1.17 K Cr | β | βΉ161.00 Cr | β | β | 16.1% | 15.4% | 3.9% |
| Mar 2021 | βΉ1.02 K Cr | β | βΉ155.00 Cr | β | β | 18.4% | 7.6% | -12.9% |
| Mar 2020 | βΉ945.00 Cr | β | βΉ178.00 Cr | β | β | 23.0% | -7.2% | 41.3% |
| Mar 2019 | βΉ1.02 K Cr | β | βΉ126.00 Cr | β | β | 19.4% | 15.0% | 20.0% |
| Mar 2018 | βΉ885.00 Cr | β | βΉ105.00 Cr | β | β | 19.6% | 4.6% | 25.0% |
| Mar 2017 | βΉ846.00 Cr | β | βΉ84.00 Cr | β | β | 18.8% | 2.5% | 35.5% |
| Mar 2016 | βΉ825.00 Cr | β | βΉ62.00 Cr | β | β | 17.0% | 5.5% | 44.2% |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | TTM |
|---|---|
| Revenue / Net Sales | 1,435 |
| Total Expenses | 1,171 |
| EBIT / Operating Profit | 264 |
| OPM % | 18% |
| Other Income | 38 |
| Finance Costs | 12 |
| Depreciation & Amortisation | 30 |
| Profit Before Tax | 261 |
| Tax % | - |
| Net Profit / PAT | 196 |
| EPS (βΉ) | 19.77 |
| Dividend Payout % | - |
Peer Comparison
Technology sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| GARWARE TECHNICAL FIBRES LIMITEDthis co. | βΉ6.42 K Cr | βΉ1.48 K Cr | 32.70 | 4.95 | 21.28 | 16.4% |
| Bharti Airtel Ltd. | βΉ12.19 L Cr | βΉ1.09 L Cr | 50.40 | 8.31 | 27.19 | 15.8% |
| Tata Consultancy Services Ltd. | βΉ11.84 L Cr | βΉ2.15 L Cr | 24.20 | 13.91 | 18.91 | 6.2% |
| Infosys Ltd | βΉ6.48 L Cr | βΉ1.37 L Cr | 24.20 | 7.17 | 16.31 | 5.9% |
| HCL Technologies Ltd | βΉ4.52 L Cr | βΉ51.10 K Cr | 36.80 | 14.48 | β | 6.2% |
| Bharat Electronics Ltd. | βΉ3.02 L Cr | βΉ23.66 K Cr | 53.30 | 14.23 | 51.32 | 17.3% |
| Wipro Ltd. | βΉ2.77 L Cr | βΉ67.29 K Cr | 23.00 | 4.29 | 18.85 | 0.8% |
| Industry Average | β | βΉ10.05 K Cr | 69.99 | 8.58 | 66.75 | 22.0% |