What is Garware Marine Industries Ltd (509563) share price return in the past 10 years?

Garware Marine Industries Ltd share price has appreciated 5.3% annually (CAGR) over the past ten years.

What is the share price of Garware Marine Industries Ltd (509563)?

Company share prices are keep on changing according to the market conditions. The current trading price of Garware Marine Industries Ltd (509563) on 15-Jun-2026 11:55:00 at 11:55 is 22.29.

What is the P/E ratio of Garware Marine Industries?

The latest standalone P/E ratio of Garware Marine Industries as of 15-Jun-2026 is 84.82.

What is the P/B ratio of Garware Marine Industries Ltd (509563)?

The latest standalone P/B ratio of Garware Marine Industries Ltd (509563) as of 15-Jun-2026 is 1.21.

What is the 52-week high and low of Garware Marine Industries Ltd (509563)?

The 52-week high of Garware Marine Industries Ltd (509563) is Rs. 36.50 and the 52-week low is Rs. 18.32.

Garware Marine Industries Ltd (509563) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: Garware Marine Industries Ltd (509563)
Brand: Garware Marine Industries

Garware Marine Industries Ltd (509563)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 509563 NSE: Textile | Small Cap | Garware Marine Inds. Share Price

Garware Marine Industries Ltd (509563)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 509563 NSE: Textile | Small Cap | Garware Marine Inds. Share Price

Key Metrics

Valuation Multiples

Market Cap

₹13 Cr.

Current Price

₹22.3

52-Week Low / High

₹18 / 37

TTM EPS

₹0.3

TTM Sales

₹1.1 Cr.

Book Value per Share

₹18

P/E Ratio

84.82

Higher than its 5-year historical median

Industry PE

36.4

Price to Book (P/B)

1.21

Higher than its 5-year historical median

Price to Sales (P/S)

11.58

Higher than its 5-year historical median

EV/EBITDA

78.37

Higher than its 5-year historical median

Dividend Yield

0.00%

Profitability Efficiency

Return on Equity (ROE)

2.97%

Underperforms industry median

Return on Capital Employed (ROCE)

3.00%

Underperforms industry median

Return on Assets (ROA)

2.81%

Operating Profit Margin

36.1%

Net Profit Margin

35.9%

Gross Profit Margin

36.3%

Growth Momentum
1-yr vs 3-yr growth

Sales Growth (1 Year)

Improving versus 3-year growth rate

81.82%

Operating Profit Growth (1 Year)

Net Profit Growth (1 Year)

Asset Quality

Promoter Holding

37.55%

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

0.00%

Reserves

₹5 Cr.

Equity

₹5.8 Cr.

Face Value

₹10

All Time Low / High

₹0.60 / 67.85

Garware Marine Industries stock performance

Key Ratios

Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Garware Marine Industries Ltd a good quality company?

Garware Marine Industries Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

How does Garware Marine Industries Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Garware Marine Industries Ltd vs industry peers?

Garware Marine Industries Ltd revenue CAGR is 1.39%, compared to the industry median CAGR of 0%, indicating faster growth and gaining its market share.

Q.1 Promoter shareholding and pledge status of Garware Marine Industries Ltd?

Promoters hold 37.55% of the Garware Marine Industries Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Stock return of Garware Marine Industries Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 1.3% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

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

Value Creation ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	1.4%	-6%	3.7%	3.5%	1.8%	3%	0.2%	1.2%	-0.7%	3%	-
Value Creation Index ⓘ	-0.9	-1.4	-0.7	-0.8	-0.9	-0.8	-1.0	-0.9	-1.1	-0.8	-
Growth Parameters ⓘ
Sales ⓘ	1.2	0.9	1.2	1.3	1.1	1.3	1.6	1.2	0.7	1.2	1
Sales YoY Gr.	-	-24.1%	30.7%	8.7%	-10.4%	16.1%	21.5%	-22.8%	-45.9%	81.8%	-
Adj EPS ⓘ	-0.7	-1.1	-0.1	0.4	0.1	0.3	0	0.2	-0.1	0.8	0.3
YoY Gr.	-	NA	NA	NA	-63.2%	78.6%	-92%	900%	-160%	NA	-
BVPS (₹) ⓘ	9.8	18.4	13	10.9	8.8	10	19.4	13.7	19.2	31.1	18
Adj Net Profit ⓘ	-0.4	-0.6	-0.1	0.2	0.1	0.1	0	0.1	-0.1	0.4	0
Cash Flow from Ops. ⓘ	-0.4	-0.4	-0.2	0.3	-0	0.2	0.1	-0.1	-0	0	-
Debt/CF from Ops. ⓘ	0	0	0	0	0	0	0	0	0	0	-

CAGR ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	0.4%	1.4%	-8.8%	81.8%
Adj EPS ⓘ	NA	39.9%	234.7%	NA
BVPSⓘ	13.7%	28.9%	17.1%	62.5%
Share Price	5.3%	30.1%	43.1%	-13.8%

Key Financial Parameters ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	-7.5	-7.6	-0.7	3.2	1.4	2.6	0.2	1.2	-0.7	3	1.1
Op. Profit Mgn % ⓘ	-63.2	-54.9	17	18.2	7.9	11.3	0.9	9.7	-17	36.1	11
Net Profit Mgn % ⓘ	-36.4	-69.8	-5.1	17.5	7.1	10.9	0.9	9.5	-10.3	35.9	13.9
Debt to Equity ⓘ	0	0	0	0	0	0	0	0	0	0	0
Working Cap Days ⓘ	1,562	1,977	1,571	1,472	1,602	1,373	1,109	1,467	2,808	1,604	892
Cash Conv. Cycle ⓘ	1,264	1,614	1,267	1,243	1,441	1,231	982	1,289	2,478	1,387	840

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	1.16	0.88	1.15	1.25	1.12	1.30	1.58	1.22	0.66	1.20
Operating Expenses ⓘ +	1.91	1.36	0.96	1.02	1.03	1.15	1.57	1.11	0.77	0.77
Manufacturing Costs	0.14	0.10	0.09	0.03	0.03	0.03	0.03	0.03	0.03	0.03
Material Costs	0	0.30	0	0	0	0	0	0	0	0
Employee Cost	0.45	0.40	0.58	0.56	0.63	0.64	0.61	0.56	0.41	0.36
Other Costs ⓘ	1.32	0.57	0.29	0.43	0.37	0.49	0.93	0.52	0.33	0.38
Operating Profit ⓘ	-0.75	-0.48	0.20	0.23	0.09	0.15	0.01	0.12	-0.11	0.43
Operating Profit Margin (%)	-64.8%	-54.9%	17.0%	18.2%	7.9%	11.3%	0.9%	9.7%	-17.0%	36.1%
Other Income ⓘ +	0.83	0	0.02	0.02	0.02	0.01	0.01	0	0.05	0
Exceptional Items ⓘ	0	0	0.12	0	0	0	0	0	0	0
Interest ⓘ	0.06	0.05	0.03	0.02	0.01	0.01	0	0	0	0
Depreciation ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	0.02	-0.53	0.30	0.22	0.09	0.15	0.02	0.12	-0.07	0.43
Tax ⓘ	0.02	0.08	0.28	0.01	0.01	0.01	0	0	0	0
Profit After Tax	0	-0.61	0.03	0.22	0.08	0.14	0.01	0.12	-0.07	0.43
PAT Margin (%)	0.1%	-69.8%	2.2%	17.5%	7.1%	10.9%	0.9%	9.5%	-10.3%	35.9%
Adjusted EPS (₹)	0.0	-1.1	0.0	0.4	0.1	0.3	0.0	0.2	-0.1	0.8
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Valuation of Garware Marine Inds. - Standalone

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	5.64	10.61	7.49	6.27	5.05	5.75	11.19	7.91	11.05	17.95
Share Capital ⓘ	5.77	5.77	5.77	5.77	5.77	5.77	5.77	5.77	5.77	5.77
Reserves ⓘ	-0.13	4.84	1.73	0.50	-0.72	-0.02	5.42	2.14	5.28	12.19
Debt +	0	0	0	0	0	0	0	0	0	0
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	0.02	0.06	0.05	0.03	0.04	0.04	0.05	0.08	0.10	0.09
Others Liabilities ⓘ	0.42	0.49	0.88	0.73	0.56	0.56	0.25	0.10	0.34	1.13
Total Liabilities ⓘ	6.08	11.16	8.43	7.03	5.65	6.34	11.48	8.10	11.49	19.17
Fixed Assets
Net Fixed Assets ⓘ +	0.02	0.01	0.02	0.02	0.01	0.01	0.02	0.02	0.01	0.02
Gross Block	0.32	0.32	0.33	0.33	0.33	0.33	0.34	0.34	0.34	0.34
Accumulated Depreciation	0.30	0.31	0.31	0.31	0.32	0.32	0.32	0.32	0.32	0.32
CWIP ⓘ	0	0	0	0	0	0	0	0	0	0
Investments ⓘ	0.89	6.33	3.09	1.64	0.38	0.93	6.54	2.95	6.32	13.68
Inventories	0.30	0	0	0	0	0	0	0	0	0
Trade Receivables	3.61	3.98	4.20	4.46	4.49	4.41	4.31	4.59	4.64	5.02
Cash Equivalents	0.39	0.07	0.16	0.47	0.34	0.55	0.14	0.06	0.04	0.03
Others Assets ⓘ	0.87	0.77	0.96	0.44	0.43	0.44	0.47	0.48	0.48	0.43
Total Assets ⓘ	6.08	11.16	8.43	7.03	5.65	6.34	11.48	8.10	11.49	19.17

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	-0.43	-0.42	-0.18	0.26	-0.01	0.22	0.10	-0.08	-0.02	0
PBT ⓘ	0.02	-0.53	0.30	0.22	0.09	0.15	0.02	0.12	-0.07	0.43
Adjustment ⓘ	0.08	0.16	0.02	0	-0	0.18	0.56	0.16	0.01	0.06
Changes in Working Capital ⓘ	-0.53	-0.04	-0.46	0.02	-0.05	-0.08	-0.44	-0.33	0.05	-0.48
Tax Paid ⓘ	0	-0.01	-0.04	0.01	-0.04	-0.02	-0.03	-0.02	-0.01	-0.01
Cash Flow From Investing Activity ⓘ +	0.65	0.15	0.04	0.20	0.02	0.01	-0	0	0	-0.01
Capex	0.01	0.15	0.02	0.18	0	0	-0.01	0	0	-0.01
Net Investments	0.64	0	0	0	0	0	0	0	0	0
Others ⓘ	0	0	0.02	0.02	0.02	0.01	0.01	0	0	0
Cash Flow From Financing Activity ⓘ +	-0.07	-0.05	0.23	-0.14	-0.14	-0.02	-0.50	-0	-0	-0
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-0.06	-0.05	-0.03	-0.02	-0.01	-0.01	-0	-0	-0	-0
Dividend Paid ⓘ	-0.02	-0.02	-0.02	-0.02	0	0	0	0	0	0
Others ⓘ	0.01	0.01	0.27	-0.10	-0.13	-0.01	-0.50	0	0	0
Net Cash Flow ⓘ	0.16	-0.32	0.09	0.32	-0.14	0.21	-0.41	-0.08	-0.03	-0.01

Financial Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	0.01	-7.56	0.28	3.17	1.4	2.63	0.17	1.21	-0.72	2.97
ROCE (%)	1.43	-5.95	3.67	3.51	1.82	2.96	0.23	1.23	-0.68	3
Asset Turnover Ratio	0.19	0.1	0.12	0.16	0.18	0.22	0.18	0.13	0.07	0.08
PAT to CFO Conversion(x)	N/A	N/A	-6	1.18	-0.13	1.57	10	-0.67	N/A	0
Working Capital Days
Receivable Days	1,093.60	1,575.70	1,296.10	1,267.50	1,459.70	1,250.40	1,004.70	1,326.20	2,545	1,467.10
Inventory Days	201	0	0	0	0	0	0	0	0	0
Payable Days	0	48.30	0	0	0	0	0	0	0	0

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Garware Marine Industries Ltd FAQs

The current trading price of Garware Marine Inds. on 15-Jun-2026 11:55 is ₹22.29.

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 14-Jun-2026 the market cap of Garware Marine Inds. stood at ₹12.55 Cr

The latest P/E ratio of Garware Marine Inds. as of 14-Jun-2026 is 84.82.

The latest P/B ratio of Garware Marine Inds. as of 14-Jun-2026 is 1.21.

The 52-week high of Garware Marine Inds. is ₹36.50 and the 52-week low is ₹18.32.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Garware Marine Inds. is ₹1.08 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Garware Marine Industries Ltd is a below average quality company.

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

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

About Garware Marine Industries Ltd

Garware Marine Industries was promoted by the Late Padma Bhushan B D Garware, founder of the Garware Group of Companies.

Garware Marine Industries (GMIL) is a public limited company incorporated in 1975 as Modern Nets Ltd. The name was subsequently changed to Garware Marine Industries Ltd. in 1981. The shares of the company are listed on the Bombay Stock Exchange Limited.

The company has been engaged in the manufacture and marketing of fishing nets for over 3 decades and is catering to the needs of large number of fishermen throughout the Indian sub-continent.

The company has an extremely sound marketing network for its products.The company's factory is located at Ahmednagar in Maharashtra. The products manufactured by the company are well accepted in Indian markets and Internationaly and even command a premium over other manufacturers products in view of the exceptional quality and services.

There are 24 net making machines made by world famous companies - Toyo and Amita, Japan; in the state-of-the art factory at Ahmednagar. GMIL has its own Twisting Division in the same factory to produce Twine for captive consumption. The company, at present is producing 30 tonnes of nets per month. Total turnover of the company for the year is over Rs 100 million.

The company also has Ship Repair Division which employs 5 qualified Engineers / Fitters.

The company is registered with Director General of Foreign Trade and has been exporting its products for the last few years. The company's products have been accepted in the international market.

Products offered by the company:

The company is involved in the manufacture and marketing of fishing nets made from nylon yarn. The companyâ€™s range of manufacture stretches from 210 Denier / 2 ply to 36 ply / from a minimum 10 mm to 400 mm Mesh sizes and upto maximum 600 MD Mesh Depth. Single Knot and Double Knot can be provided on order for certain construction sizes.

Garware Marine Industries Ltd (509563)

Garware Marine Industries Ltd (509563)

Garware Marine Industries stock performance

Check Before You Invest

M-Cap below 100cr DeciZen not available

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Garware Marine Inds. - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Garware Marine Industries Ltd FAQs

About Garware Marine Industries Ltd

About MoneyWorks4Me

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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
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Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
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Garware Marine Industries Ltd (509563)

Garware Marine Industries Ltd (509563)

Garware Marine Industries stock performance

Check Before You Invest

M-Cap below 100cr DeciZen not available

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Garware Marine Inds. - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Garware Marine Industries Ltd FAQs

What is the share price of Garware Marine Inds.?

What is the market cap of Garware Marine Inds.?

What is the P/E ratio of Garware Marine Inds.?

What is the P/B ratio of Garware Marine Inds.?

What is the 52-week high and low of Garware Marine Inds.?

What is the TTM revenue of Garware Marine Inds.?

Is Garware Marine Industries Ltd a good quality company?

Is Garware Marine Industries Ltd undervalued or overvalued?

Is Garware Marine Industries Ltd a good buy now?

About Garware Marine Industries Ltd

About MoneyWorks4Me

Our Vision

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.