What is Garware Synthetics share price return in the past 10 years?

Garware Synthetics Ltd share price has appreciated 14.3% annually (CAGR) over the past ten years.

Garware Synthetics Ltd - Stock Valuation and Financial Performance

Name: Garware Synthetics
Brand: Garware Synthetics

BSE: 514400 | NSE: | Textile - Spinning | Small Cap

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Garware Synthetics Share Price

₹14.73 0.00 0.00%
as on 16-Apr'24 16:00

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Data

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Garware Synthetics stock performance -

PE Chart Key Ratios

P/E Ratio (SA):

19.62

Market Cap:

8.6 Cr.

52-wk low:

8.1

52-wk high:

Is Garware Synthetics Ltd an attractive stock to invest in?

1. Is Garware Synthetics Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Garware Synthetics Ltd is a average quality company.

2. Is Garware Synthetics Ltd undervalued or overvalued?

The key valuation ratios of Garware Synthetics Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Garware Synthetics Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Garware Synthetics Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Garware Synthetics:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	-1.1%	43.7%	12.1%	23.9%	7.2%	-2%	1.7%	8.7%	5.8%	6.8%	-
Value Creation Index ⓘ	NA	2.1	-0.1	0.7	-0.5	NA	-0.9	-0.4	-0.6	-0.5	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	7.4	8.1	7.9	8.5	9.6	10.6	9.1	8.3	12.7	11.4	11
Sales YoY Gr.	-	9%	-2.5%	8.1%	12.4%	10.8%	-14.4%	-9.2%	53.6%	-10.2%	-
Adj EPS ⓘ	-0	1.2	0.3	0.8	0.6	-0.6	0.2	1	0.3	0.7	0.8
YoY Gr.	-	NA	-75.8%	179.3%	-27.2%	-193.2%	NA	426.3%	-74%	180.8%	-
BVPS (₹) ⓘ	-7.9	-4.6	-4.4	-3.1	-2.7	-4.9	-4.7	-3.7	-4.4	-3.4	-3.7
Adj Net Profit ⓘ	0	0.7	0.2	0.5	0.3	-0.3	0.1	0.6	0.2	0.4	0
Cash Flow from Ops. ⓘ	0.1	0	0.1	0.3	0.3	-1.8	-0.5	0.4	1.3	0.6	-
Debt/CF from Ops. ⓘ	42.3	-108.5	31.7	16.7	41.2	-6.9	-24.6	30.3	9	20.4	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	4.9%	3.5%	7.8%	-10.2%
Adj EPS ⓘ	NA	4.4%	56.6%	180.8%
BVPSⓘ	NA	NA	NA	NA
Share Price	14.3%	28.6%	25.8%	44.7%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	0.4	-20.4	-7	-22.8	-20.9	14.7	-4	-23.8	-6.5	-18.7	-21.1
Op. Profit Mgn % ⓘ	-5.7	-1.4	1.2	4.8	5.1	0.3	3.2	12.8	7.6	4.9	5.2
Net Profit Mgn % ⓘ	-0.3	8.6	2.1	5.5	3.6	-3	1.2	7.1	1.2	3.7	4
Debt to Equity ⓘ	-1.4	-1.7	-1.8	-2.4	-6.4	-4.4	-4.7	-5.8	-4.7	-5.9	-
Working Cap Days ⓘ	94	84	90	91	93	92	105	122	90	96	47
Cash Conv. Cycle ⓘ	-77	-68	-65	-56	-27	8	3	1	10	8	-213

Recent Performance Summary

Net Profit is growing at healthy rate in last 3 years 56.62%

Return on Equity is Poor

Sales growth has been subdued in last 3 years 7.76%

Sales growth is not so good in last 4 quarters at -9.80%

Latest Financials - Garware Synthetics Ltd.

	Standalone	Consolidated
TTM EPS (₹)	0.8	-
TTM Sales (₹ Cr.)	10.8	-
BVPS (₹.) ⓘ	-3.7	-
Reserves (₹ Cr.) ⓘ	-8	-
P/BV ⓘ	-3.96	-
PE ⓘ	19.62	-

From the Market
52 Week Low / High (₹)	8.06 / 20.99
All Time Low / High (₹)	0.10 / 43.00
Market Cap (₹ Cr.)	8.6
Equity (₹ Cr.)	5.8
Face Value (₹)	10
Industry PE ⓘ	30.8

Management X-Ray of Garware Synthetics:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Garware Synthetics

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Garware Synthetics

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Sales	7.43	8.10	7.90	8.54	9.60	10.64	9.11	8.27	12.70	11.40
Operating Expenses ⓘ	7.85	8.22	7.81	8.13	9.11	10.61	8.82	7.21	11.73	10.84
Manufacturing Costs	1	1.08	1.16	1.24	0.94	1.32	1.20	0.92	1.29	1.39
Material Costs	4.81	4.90	4.21	4.35	5.20	6.03	4.69	3.77	7.17	6.56
Employee Cost	1.19	1.28	1.48	1.55	1.56	2.03	1.89	1.47	1.93	2.02
Other Costs ⓘ	0.87	0.96	0.95	0.99	1.41	1.23	1.04	1.05	1.34	0.88
Operating Profit ⓘ	-0.43	-0.12	0.09	0.41	0.49	0.03	0.29	1.06	0.97	0.56
Operating Profit Margin (%)	-5.7%	-1.4%	1.1%	4.8%	5.1%	0.3%	3.2%	12.8%	7.6%	4.9%
Other Income ⓘ	0.05	0.91	0.29	0.28	0	0.33	0	0	0.33	0.37
Interest ⓘ	0	0.16	0.14	0.16	0.09	0.20	0.09	0.43	0.59	0.33
Depreciation ⓘ	0.05	0.02	0.02	0.01	0.02	0.03	0.03	0.02	0.26	0.47
Exceptional Items ⓘ	0.46	-0.12	0	0	0	-1.51	0	0	0.11	0.22
Profit Before Tax ⓘ	0.03	0.49	0.23	0.53	0.38	-1.37	0.18	0.61	0.56	0.35
Tax ⓘ	-0.06	-0.12	0.06	0.06	0.04	0	0.07	0.03	0.33	-0.23
Profit After Tax	0.09	0.61	0.17	0.47	0.34	-1.37	0.11	0.58	0.23	0.58
PAT Margin (%)	1.2%	7.6%	2.1%	5.5%	3.6%	-12.9%	1.2%	7.1%	1.8%	5.1%
Adjusted EPS (₹)	0.2	1.1	0.3	0.8	0.6	-2.4	0.2	1.0	0.4	1.0
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Equity and Liabilities
Shareholders Fund	-4.39	-2.70	-2.53	-1.82	-1.47	-2.85	-2.74	-2.15	-2.57	-1.97
Share Capital ⓘ	5.55	5.81	5.81	5.81	5.81	5.81	5.81	5.81	5.81	5.81
Reserves ⓘ	-9.94	-8.51	-8.34	-7.63	-7.28	-8.66	-8.55	-7.96	-8.37	-7.78
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	5.97	4.58	4.52	4.42	10.16	12.43	12.91	12.42	11.99	11.68
Long Term Debt	5.97	4.57	4.52	4.42	10.16	12.43	12.91	0	0.33	0.24
Short Term Debt	0	0.01	0	0	0	0	0	12.42	11.66	11.44
Trade Payables	3.06	2.79	2.71	2.84	1.95	2.01	1.83	1.72	2.27	2.07
Others Liabilities ⓘ	8.07	7.74	7.79	7.31	2.74	1.83	1.12	1.52	5.23	3.46
Total Liabilities ⓘ	12.71	12.41	12.49	12.75	13.38	13.42	13.13	13.50	16.92	15.25
Fixed Assets
Gross Block	16.86	11.36	11.38	11.38	11.48	11.48	11.48	11.49	15.02	14.24
Accumulated Depreciation	6.13	0.92	0.94	0.96	0.98	1.01	1.04	1.06	1.49	1.96
Net Fixed Assetsⓘ	10.73	10.43	10.43	10.42	10.50	10.47	10.45	10.44	13.53	12.28
CWIP ⓘ	0	0	0	0	0	0	0	0	0	0
Investmentsⓘ	0	0	0	0	0	0	0	0	0	0
Inventories	0.79	0.82	0.83	1.15	1.19	1.14	1.06	1.05	1.03	0.89
Trade Receivables	0.80	0.80	0.94	0.89	1.30	1.18	1.10	1.47	1.68	1.47
Cash Equivalents	0.10	0.11	0.02	0.10	0.23	0.25	0.16	0.04	0.13	0.24
Others Assetsⓘ	0.29	0.24	0.27	0.19	0.16	0.37	0.36	0.51	0.55	0.38
Total Assets ⓘ	12.71	12.41	12.49	12.75	13.38	13.42	13.13	13.50	16.92	15.25

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Cash Flow From Operating Activity ⓘ	0.14	-0.04	0.14	0.26	0.25	-1.79	-0.52	0.41	1.33	0.57
PBT ⓘ	0.03	0.49	0.23	0.53	0.38	-1.37	0.18	0.61	0.56	0.35
Adjustment ⓘ	0.05	-0.59	0.16	0.01	0.13	1.60	0.11	0.45	0.52	0.13
Changes in Working Capital ⓘ	0.06	0.18	-0.17	-0.21	-0.23	-2.02	-0.76	-0.59	0.25	0.02
Tax Paid ⓘ	0	0	-0.08	-0.06	-0.03	0	-0.06	-0.06	0	0.07
Cash Flow From Investing Activity ⓘ	-0.03	0.05	-0.04	0.07	-0.06	0	0	-0.01	-0.64	0
Capex	-0.08	-0.01	-0.02	0	-0.10	0	0	-0.01	-0.64	0
Net Investments	0	0	0	0	0	0	0	0	0	0
Others ⓘ	0.06	0.06	-0.02	0.08	0.04	0	0	0	0	0
Cash Flow From Financing Activityⓘ	-0.09	0.01	-0.20	-0.26	-0.05	1.81	0.43	-0.52	-0.60	-0.46
Net Proceeds from Shares ⓘ	0	1.30	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	-0.09	-1.40	-0.06	-0.10	0.04	2.01	0.48	0	0.33	-0.08
Interest Paid ⓘ	0	-0.16	-0.14	-0.16	-0.09	-0.20	-0.05	-0.03	-0.48	-0.16
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	0	0.26	0	0	0	0	0	-0.49	-0.45	-0.22
Net Cash Flow ⓘ	0.02	0.01	-0.10	0.08	0.13	0.02	-0.09	-0.12	0.09	0.11

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Ratios
ROE (%)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
ROCE (%)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Asset Turnover Ratio	0.58	0.65	0.63	0.68	0.74	0.79	0.69	0.62	0.83	0.71
PAT to CFO Conversion(x)	1.56	-0.07	0.82	0.55	0.74	N/A	-4.73	0.71	5.78	0.98
Working Capital Days
Receivable Days	39	36	40	39	42	43	46	57	45	50
Inventory Days	40	36	38	42	44	40	44	46	30	31
Payable Days	232	218	238	233	168	120	150	172	101	121

Garware Synthetics Ltd Stock News

Garware Synthetics Ltd FAQs

What is the share price of Garware Synthetics?

Company share prices are keep on changing according to the market conditions. The closing price of Garware Synthetics on 16-Apr-2024 16:00 is ₹14.73.

What is the market cap of Garware Synthetics?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 16-Apr-2024 16:00 the market cap of Garware Synthetics stood at ₹8.56.

What is the P/E ratio of Garware Synthetics?

The latest P/E ratio of Garware Synthetics as of 16-Apr-2024 16:00 is 19.62.

What is the P/B ratio of Garware Synthetics?

The latest P/B ratio of Garware Synthetics as of 16-Apr-2024 16:00 is -3.96.

What is the 52-week high and low of Garware Synthetics?

The 52-week high of Garware Synthetics is ₹20.99 and the 52-week low is ₹8.06.

What is the TTM revenue of Garware Synthetics?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Garware Synthetics is ₹10.83 ( Cr.) .

About Garware Synthetics Ltd

Garware Synthetics was established on September 1, 1969 under the name of Garware Synthetic Bristles Private Limited. It was amongst the first companies in India in the business of manufacturing bristles.

The name of the company was changed to Garware Synthetics Private Limited on September 18, 1974. On June 8, 1992 company was converted into a public limited company. For over two decades, GSL's products sold under the brand name Garflom

The companyâ€™s product portfolio comprise nylon monofilaments and bristles, nylon fishing lines, nylon tubings, extruded nylon rods and pipes, cast nylon rods and bushes, cast nylon machinery parts, moulded components and polytetrafluoroethylene (PTFE) rods.

The company's production capacity has increased from 100 MT per annum in 1969 to 585 MT per annum at present.

Garware Synthetics' registered office is located at 101 Madhu Kunj, Plot No 285, Shree-e-Punjab Society, Mahakali Caves Road, Andheri (E), Mumbai 400093.