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Garware Technical Fibres Limited (GARFIBRES.NS)

INR772.50 +17.35 (+2.30%)
IN NSE Consumer Cyclical Apparel - Manufacturers
Address Plot No. 11, Block D1 411019
Pune, IN
CEO Shujaul Rehman
IPO 2002-08-12
ISIN INE276A01018

Explore sections of this company profile

Also trades on Bombay Stock Exchange · GARFIBRES.BO (INR) National Stock Exchange of India · GARFIBRES.NS (INR)
Description

Garware Technical Fibres Limited, founded in 1976 and headquartered in Pune, India, is a global producer and supplier of an extensive array of technical textile solutions. The company's operations are strategically divided into two principal segments: Synthetic Cordage, and Fibre and Industrial Products and Projects. Its diverse product portfolio caters to numerous industries: Fishing and Marine: GTFL provides specialized fishing nets, ropes, and twines for deep-sea operations, alongside aquaculture cages and predator control systems. It also manufactures robust synthetic ropes for marine applications, including shipping, mooring, towing hawsers, and power transmission lines. Industrial and Textile: Under its Garlon brand, the company offers various yarn and thread solutions, designed for uses such as portable bag closing machines, port bagging, shoe stitching, and the production of fibrillated bulk containers. Sports: The Sportiva brand encompasses a wide range of sports products, including nets for soccer, tennis, handball, volleyball, basketball, golf, badminton, and cricket, as well as baseball batting cages, rappelling and slithering ropes, and fitness/battle ropes. Coated Fabrics: Garware supplies durable coated fabric products used in applications like truck tarpaulins, awnings, tents, hangar covers, inflatable bouncies, biogas covers, trailer curtains, and oil booms. Agriculture: Its agricultural offerings include various netting solutions such as shade nets, sericulture nets, insect nets, fencing, floriculture nets, crop support nets, grape nets, and anti-bird nets, in addition to staking cords. Geo-synthetics: The company also delivers geo-synthetic materials crucial for civil engineering and infrastructure development projects. The company underwent a name change from Garware-Wall Ropes Limited to Garware Technical Fibres Limited in July 2018.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR772.50 +17.35 (+2.30%)
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Volume Profile
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Liquidity & share structure
Average Volume
158.7K
Beta
0.01
Float Shares
43.32M
Free Float %
43.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.43% +1.78% +2.28% +0.36% -8.85% -8.05% -28.12% +6.18% +14.00% +826.08% +15,776.24%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
772.50
DCF (Unlevered) 1,050.27 +36.0%
DCF (Levered) 1,054.24 +36.5%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 2 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
8.88
Safe zone
Piotroski F-Score
5 / 9
Average
MOAT Score
7 / 10
Strong MOAT
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
4 / 5
High
P/E Score
2 / 5
Medium
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Apparel - Manufacturers: +3.9%
    -0.7% Q1'26: -1.4% (vs Q1'25)
  • EPS growth Apparel - Manufacturers: +10.5%
    -14.0% Q1'26: -19.2% (vs Q1'25)
  • FCF margin FCF growth · Apparel - Manufacturers: +37.5%
    +9.0% Q1'26: -4.4% (vs Q1'25)
  • EBIT margin Apparel - Manufacturers: +8.0%
    +16.3% Q1'26: +20.4% (vs Q1'25)
  • ROIC Apparel - Manufacturers: +6.0%
    +18.8% Q1'26: +26.2% (vs Q1'25)
  • Share dilution Apparel - Manufacturers: +0.0%
    -0.3% Q1'26: -0.3% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Apparel - Manufacturers: 0.02×
    0.15× Q1'26: 0.11× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (-0.02) × ERP
WACC = 99% × Ke + 1% × Kd (31.7%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 1,115.77 Current price: 772.50
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2013
actual
Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
3 Rev. Ana.
3 EPS Ana.
Mar 2027
1 Rev. Ana.
3 EPS Ana.
Mar 2028
2 Rev. Ana.
2 EPS Ana.
Mar 2029
1 Rev. Ana.
1 EPS Ana.
Revenue
5.99B
est: 6.60B (-9.2%)
7.82B
est: 7.89B (-0.9%)
8.25B
est: 8.51B (-3.1%)
8.43B
est: 8.65B (-2.6%)
8.83B
est: 8.71B (+1.3%)
10.14B
est: 9.74B (+4.1%)
9.45B
est: 9.79B (-3.4%)
10.23B
est: 9.92B (+3.1%)
11.77B
est: 11.82B (-0.4%)
13.06B
est: 13.06B (+0.0%)
13.26B
est: 12.96B (+2.3%)
15.40B
est: 15.38B (+0.1%)
15.72B
15.30B – 16.01B
+2.2% YoY
16.97B
16.73B – 17.22B
+8.0% YoY
19.48B
18.95B – 20.01B
+14.8% YoY
23.05B
22.72B – 23.38B
+18.3% YoY
EBITDA
642.71M
est: 1.47B (-56.2%)
807.37M
est: 1.75B (-54.0%)
1.07B
est: 1.89B (-43.5%)
1.44B
est: 1.92B (-25.1%)
1.78B
est: 1.94B (-7.9%)
2.09B
est: 2.16B (-3.3%)
2.07B
est: 2.18B (-4.9%)
2.39B
est: 2.21B (+8.4%)
2.48B
est: 2.63B (-5.4%)
2.57B
est: 2.93B (-12.1%)
3.15B
est: 3.58B (-12.0%)
3.57B
est: 4.37B (-18.4%)
3.34B
3.25B – 3.40B
-23.6% YoY
3.61B
3.56B – 3.66B
+8.0% YoY
4.14B
4.03B – 4.25B
+14.8% YoY
4.90B
4.83B – 4.97B
+18.3% YoY
EBIT
479.46M
est: 1.34B (-64.3%)
683.52M
est: 1.61B (-57.4%)
937.34M
est: 1.73B (-45.9%)
1.27B
est: 1.76B (-27.7%)
1.61B
est: 1.77B (-9.4%)
1.92B
est: 1.98B (-3.1%)
1.88B
est: 1.99B (-5.8%)
2.18B
est: 2.02B (+8.1%)
2.27B
est: 2.41B (-5.6%)
2.35B
est: 2.66B (-11.5%)
2.89B
est: 2.13B (+35.7%)
3.28B
est: 2.98B (+10.4%)
3.04B
2.96B – 3.10B
+2.2% YoY
3.28B
3.24B – 3.33B
+8.0% YoY
3.77B
3.67B – 3.87B
+14.8% YoY
4.46B
4.39B – 4.52B
+18.3% YoY
Net Income
247.19M
est: 1.19B (-79.2%)
431.19M
est: 1.90B (-77.3%)
619.03M
est: 524.26M (+18.1%)
843.59M
est: 739.00M (+14.2%)
1.05B
est: 904.56M (+16.3%)
1.26B
est: 1.10B (+14.7%)
1.41B
est: 1.28B (+10.1%)
1.58B
est: 1.29B (+23.0%)
1.65B
est: 1.48B (+11.0%)
1.72B
est: 1.61B (+7.2%)
2.08B
est: 2.11B (-1.3%)
2.32B
est: 2.23B (+3.6%)
2.07B
2.02B – 2.15B
-7.3% YoY
2.41B
2.39B – 2.44B
+16.2% YoY
2.68B
2.54B – 2.82B
+11.4% YoY
3.48B
3.41B – 3.54B
+29.6% YoY
SGA
537.35M
est: 1.07B (-49.9%)
3.28B
est: 1.28B (+155.5%)
836.01M
est: 1.38B (-39.6%)
938.23M
est: 1.41B (-33.3%)
773.39M
est: 1.42B (-45.4%)
903.10M
est: 1.58B (-43.0%)
820.52M
est: 1.59B (-48.4%)
1.61B
est: 1.61B (-0.2%)
1.61B
est: 2.77B (-41.7%)
1.81B
est: 2.12B (-14.6%)
1.28B
est: 3.93B (-67.4%)
4.36B
est: 4.81B (-9.3%)
2.90B
2.82B – 2.95B
-39.8% YoY
3.13B
3.08B – 3.17B
+8.0% YoY
3.59B
3.49B – 3.69B
+14.8% YoY
4.25B
4.19B – 4.31B
+18.3% YoY
EPS
10.43
est: 11.95 (-12.7%)
19.71
est: 19.07 (+3.4%)
28.29
est: 5.27 (+437.2%)
38.52
est: 7.42 (+418.9%)
48.06
est: 9.09 (+428.9%)
57.43
est: 11.00 (+421.9%)
64.22
est: 12.82 (+400.8%)
15.36
est: 12.94 (+18.7%)
15.98
est: 15.17 (+5.4%)
16.75
est: 16.14 (+3.8%)
21.07
est: 18.80 (+12.1%)
23.26
est: 22.50 (+3.4%)
20.86
20.33 – 21.60
-7.3% YoY
24.24
24.05 – 24.58
+16.2% YoY
27.00
25.58 – 28.42
+11.4% YoY
35.00
34.35 – 35.65
+29.6% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-26 A- 4/5 4/5 4/5 5/5 4/5 2/5 1/5
2026-05-25 A- 4/5 4/5 4/5 5/5 4/5 2/5 1/5
2026-05-22 A- 4/5 4/5 4/5 5/5 4/5 2/5 1/5
2026-05-21 B+ 3/5 4/5 4/5 5/5 3/5 2/5 1/5
2026-05-20 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-19 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-18 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-15 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-05-14 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-05-13 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-05-12 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-05-11 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-05-08 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-05-07 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-05-06 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-05-05 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-05-04 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-04-30 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-04-29 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-04-28 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-04-27 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-04-24 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-04-23 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-04-22 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-04-21 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-04-20 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-04-17 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-04-16 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-45.53M
OE per share TTM
-0.45
Owner's Yield
-0.07%
Maintenance CapEx ratio
125.25%
Maint CapEx / Avg PPE
20.8%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 14 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Vanguard FTSE All-World ex-US Small-Cap ETF VSS 0.01% 1.10M 0.06%
2 Vanguard FTSE Emerging Markets All Cap Index ETF VEE.TO 0.00% 78.3K 0.26%
3 Vanguard FTSE Emerging Markets Shares ETF VGE.AX 0.00% 34.7K 0.48%
4 Vanguard FTSE Emerging Markets ETF VWO 0.00% 3.87M 0.06%
5 Vanguard ESG International Stock ETF VSGX 0.00% 55.0K 0.10%
6 Vanguard Total International Stock ETF VXUS 0.00% 4.24M 0.05%
7 Vanguard FTSE Global All Cap ex Canada Index ETF VXC.TO 0.00% 6.2K 0.22%
8 Vanguard Total World Stock ETF VT 0.00% 218.1K 0.06%
9 Vanguard All-Equity ETF Portfolio VEQT.TO 0.00% 18.7K 0.22%
10 Vanguard Growth ETF Portfolio VGRO.TO 0.00% 10.1K 0.22%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
2.24M
Shares Outstanding
99.27M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Sunil Agarwal Head of Legal, Company Secretary & Compliance Officer 2M male
Shashank Gupta Chief Financial Officer male
Shujaul Rehman Chief Executive Officer male
Sanjay Charati President and Head of R&D
Thirumalai Kulkarni Chief Operating Officer of Geosynthetics Division male
Vayu Ramesh Garware Executive Chairman & MD male
Vivek Kulkarni President of Operations male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits