Garware Technical Fibres Limited (IN:GARFIBRES)
:GARFIBRES
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Garware Technical Fibres Limited
(GARFIBRES)
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Rating:66Neutral
Price Target:
₹652.00
▼(-5.34% Downside)
Action:ReiteratedDate:10/31/25
Garware Technical Fibres Limited has a strong financial foundation with robust revenue and profit growth, effective cost management, and low leverage. However, technical indicators suggest potential bearish momentum, and the valuation appears high with a low dividend yield, which may deter some investors. The absence of earnings call data and corporate events means these factors did not influence the score.
Positive Factors
Low financial leverage
Extremely low leverage (D/E ~0.05) and a high equity ratio (~70%) materially reduce financial risk and interest burden. This balance-sheet strength preserves flexibility to fund capex, R&D or strategic moves internally and improves resilience through industry cycles and credit stress.
Negative Factors
EPS contraction
Negative EPS growth (-6.83%) indicates per-share earnings have declined, which may reflect margin pressure, cost increases, or product-mix shifts. If sustained, EPS contraction can limit capacity to invest, return capital to shareholders, and reduce long-term shareholder value accretion.
Read all positive and negative factors
Positive Factors
Negative Factors
Low financial leverage
Extremely low leverage (D/E ~0.05) and a high equity ratio (~70%) materially reduce financial risk and interest burden. This balance-sheet strength preserves flexibility to fund capex, R&D or strategic moves internally and improves resilience through industry cycles and credit stress.
Read all positive factors
Garware Technical Fibres Limited (GARFIBRES) vs. iShares MSCI India ETF (INDA)
Market Cap
₹59.91B
Dividend Yield1.37%
Average Volume (3M)20.27K
Price to Earnings (P/E)30.8
Beta (1Y)1.29
Revenue Growth4.89%
EPS Growth-8.27%
CountryIN
Employees1,114
SectorBasic Materials
Sector Strength58
IndustryApparel - Manufacturers
Share Statistics
EPS (TTM)5.66
Shares Outstanding99,265,850
10 Day Avg. Volume54,012
30 Day Avg. Volume20,275
Financial Highlights & Ratios
PEG Ratio3.54
Price to Book (P/B)6.85
Price to Sales (P/S)5.52
P/FCF Ratio56.22
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)26.2
Revenue Forecast (FY)₹18.05B
Garware Technical Fibres Limited Business Overview & Revenue Model
Company Description
Garware Technical Fibres Limited manufactures and sells various technical textile products in India and internationally. It operates through two segments, Synthetic Cordage; and Fibre and Industrial Products and Projects. It offers fishing nets, r...
How the Company Makes Money
Garware Technical Fibres makes money primarily by manufacturing and selling technical textile products made from synthetic fibres. Its revenue model is largely product-sales driven: (1) Fisheries & aquaculture: sale of fishing nets, aquaculture ca...
Garware Technical Fibres Limited Financial Statement Overview
Summary
Income Statement
85
Very Positive
Balance Sheet
80
Positive
Cash Flow
75
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 14.98B | 15.40B | 13.26B | 13.06B | 11.77B | 10.23B |
| Gross Profit | 10.58B | 11.06B | 8.70B | 7.97B | 7.32B | 3.08B |
| EBITDA | 3.19B | 3.57B | 3.15B | 2.57B | 2.48B | 2.39B |
| Net Income | 2.04B | 2.32B | 2.08B | 1.72B | 1.65B | 1.58B |
Balance Sheet | ||||||
| Total Assets | 18.77B | 17.57B | 17.71B | 14.93B | 14.15B | 13.19B |
| Cash, Cash Equivalents and Short-Term Investments | 4.11B | 1.77B | 3.10B | 554.59M | 2.18B | 2.96B |
| Total Debt | 1.32B | 648.62M | 1.23B | 1.34B | 795.73M | 1.02B |
| Total Liabilities | 5.79B | 5.15B | 5.37B | 4.77B | 4.44B | 5.08B |
| Stockholders Equity | 12.98B | 12.42B | 12.34B | 10.16B | 9.71B | 8.11B |
Cash Flow | ||||||
| Free Cash Flow | -188.26M | 1.51B | 1.76B | 1.60B | 491.38M | 2.05B |
| Operating Cash Flow | 61.40M | 1.95B | 2.19B | 1.89B | 638.46M | 2.28B |
| Investing Cash Flow | 87.59M | -27.84M | -726.63M | -1.02B | 78.62M | -1.20B |
| Financing Cash Flow | 230.23M | -3.31B | -385.15M | -851.06M | -379.69M | -1.35B |
Garware Technical Fibres Limited Technical Analysis
Neutral
688.75
Price Trends
641.28
Negative
662.94
Negative
739.26
Negative
Market Momentum
-11.16
Negative
47.94
Neutral
52.77
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:GARFIBRES, the sentiment is Neutral. The current price of 688.75 is above the 20-day moving average (MA) of 608.57, above the 50-day MA of 641.28, and below the 200-day MA of 739.26, indicating a neutral trend. The MACD of -11.16 indicates Negative momentum. The RSI at 47.94 is Neutral, neither overbought nor oversold. The STOCH value of 52.77 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:GARFIBRES.
Garware Technical Fibres Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | ₹84.60B | 32.39 | ― | 0.37% | 4.20% | 2.14% | |
75 Outperform | ₹191.51B | 28.50 | ― | 0.39% | -0.96% | -11.90% | |
69 Neutral | ₹87.97B | 17.09 | ― | 0.67% | 7.53% | 16.26% | |
66 Neutral | ₹59.91B | 30.81 | ― | 1.37% | 4.89% | -8.27% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
59 Neutral | ₹40.12B | -155.37 | ― | 0.19% | 3.69% | -36.27% | |
55 Neutral | ₹34.42B | 46.14 | ― | 0.29% | -2.93% | -37.94% |
* Basic Materials Sector Average
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Garware Technical Fibres Limited Corporate Events
Garware Technical Fibres Publishes Investor Presentation for Analyst Meet
Mar 8, 2026
Garware Technical Fibres Limited has informed the stock exchanges that it has released an investor presentation prepared for an investor and analyst meet or conference. The presentation, which has also been uploaded to the company’s website,...
Garware Technical Fibres Says Board Non-Compliance Fines Waived by NSE
Feb 28, 2026
Garware Technical Fibres Limited has disclosed that BSE and NSE imposed fines of Rs 2,75,000 plus GST each on the company for non-compliance with Regulation 17(1) of SEBI’s Listing Obligations and Disclosure Requirements for the quarter ende...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.