What is Garware Technical Fibres Ltd (GARFIBRES) share price return in the past 10 years?

Garware Technical Fibres Ltd share price has appreciated 25.9% annually (CAGR) over the past ten years.

What is the share price of Garware Technical Fibres Ltd (GARFIBRES)?

Company share prices are keep on changing according to the market conditions. The current trading price of Garware Technical Fibres Ltd (GARFIBRES) on 10-Jun-2026 16:59:59 at 16:59 is 690.00.

What is the P/E ratio of Garware Technical Fibres?

The latest standalone P/E ratio of Garware Technical Fibres as of 10-Jun-2026 is 32.42.

What is the P/B ratio of Garware Technical Fibres Ltd (GARFIBRES)?

The latest standalone P/B ratio of Garware Technical Fibres Ltd (GARFIBRES) as of 10-Jun-2026 is 5.16.

What is the 52-week high and low of Garware Technical Fibres Ltd (GARFIBRES)?

The 52-week high of Garware Technical Fibres Ltd (GARFIBRES) is Rs. 969.90 and the 52-week low is Rs. 579.45.

Garware Technical Fibres Ltd (GARFIBRES) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: Garware Technical Fibres Ltd (GARFIBRES)
Brand: Garware Technical Fibres

Key Metrics

Valuation Multiples

Market Cap

₹6,849 Cr.

Current Price

₹690

52-Week Low / High

₹579 / 970

TTM EPS

₹21.3

TTM Sales

₹1,419 Cr.

Book Value per Share

₹133.7

P/E Ratio

32.42

Lower than its 5-year historical median

Industry PE

35.8

Price to Book (P/B)

5.16

Lower than its 5-year historical median

Price to Sales (P/S)

4.83

Lower than its 5-year historical median

EV/EBITDA

20.33

Lower than its 5-year historical median

Dividend Yield

0.17%

Profitability Efficiency

Return on Equity (ROE)

17.46%

Outperforms industry median

Return on Capital Employed (ROCE)

23.14%

Outperforms industry median

Return on Assets (ROA)

12.32%

Operating Profit Margin

19%

Net Profit Margin

14.38%

Gross Profit Margin

20.9%

Growth Momentum
1-yr vs 3-yr growth

Sales Growth (1 Year)

Improving versus 3-year growth rate

16.31%

Operating Profit Growth (1 Year)

Improving versus 3-year growth rate

12.83%

Net Profit Growth (1 Year)

Slowing versus 3-year growth rate

7.61%

Asset Quality

Promoter Holding

53.36%

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

0.00%

Reserves

₹1,228 Cr.

Equity

₹99.3 Cr.

Face Value

₹10

All Time Low / High

₹1.93 / 985.16

Garware Technical Fibres stock performance

Key Ratios

Check Before You Invest

Quality

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Valuation

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Price Trend

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Q.1 Is Garware Technical Fibres Ltd a good quality company?

Garware Technical Fibres Ltd is a good quality company, based on a consistently good 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 Technical Fibres Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Garware Technical Fibres Ltd vs industry peers?

Garware Technical Fibres Ltd revenue CAGR is 9.52%, 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 Technical Fibres Ltd?

Promoters hold 53.36% of the Garware Technical Fibres Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Stock return of Garware Technical Fibres Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 25% based on the current price.

10 Year X-Ray : Login to view analysis.

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 % ⓘ	25.2%	27.6%	27%	27.3%	27.9%	23.5%	21.9%	19.6%	21.9%	23.1%	-
Value Creation Index ⓘ	0.8	1.0	0.9	1.0	1.0	0.7	0.6	0.5	0.6	0.7	-
Growth Parameters ⓘ
Sales ⓘ	825	846	885	1,018	945	1,017	1,176	1,254	1,280	1,489	1,419
Sales YoY Gr.	-	2.6%	4.6%	15.1%	-7.2%	7.7%	15.6%	6.6%	2.1%	16.3%	-
Adj EPS ⓘ	5.4	7.7	8.3	10.3	15.1	13.9	14.3	14.6	19	20.6	21.3
YoY Gr.	-	43%	8.5%	23.3%	47%	-7.7%	2.2%	2.4%	30.4%	8.3%	-
BVPS (₹) ⓘ	33.3	40.7	49	59.4	70.6	81.6	96.6	100.7	120.9	122.9	133.7
Adj Net Profit ⓘ	58.7	84	91.2	112	165	144	147	149	194	205	211
Cash Flow from Ops. ⓘ	143	120	28	133	144	205	59.9	185	198	181	-
Debt/CF from Ops. ⓘ	0.3	0.7	4.9	0.8	0.7	0.5	1.3	0.7	0.6	0.3	-

CAGR ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	6.8%	9.5%	8.2%	16.3%
Adj EPS ⓘ	16.1%	6.4%	13.1%	8.3%
BVPSⓘ	15.6%	11.7%	8.4%	1.7%
Share Price	25.9%	3%	3.8%	-23.6%

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 % ⓘ	17.4	20.7	18.6	19	23.2	17.8	16	14.7	17.2	16.7	16.6
Op. Profit Mgn % ⓘ	11.9	16	16.4	18	17.1	18.4	16.9	15.9	19.6	19	20.5
Net Profit Mgn % ⓘ	7.1	9.9	10.3	11	17.5	14.1	12.5	11.9	15.2	13.7	14.9
Debt to Equity ⓘ	0.1	0.2	0.3	0.2	0.1	0.1	0.1	0.1	0.1	0.1	0
Working Cap Days ⓘ	229	203	187	177	195	180	168	163	164	157	129
Cash Conv. Cycle ⓘ	85	49	46	49	60	41	45	53	55	51	78

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	825	846	885	1,018	945	1,017	1,176	1,254	1,280	1,489
Operating Expenses ⓘ +	727	711	739	835	784	830	978	1,054	1,030	1,206
Manufacturing Costs	205	207	218	250	258	264	305	305	324	383
Material Costs	315	293	291	330	272	296	356	401	353	425
Employee Cost	93	106	117	130	136	150	148	165	190	208
Other Costs ⓘ	115	105	114	125	118	119	169	184	162	189
Operating Profit ⓘ	98	135	145	183	161	188	199	200	250	282
Operating Profit Margin (%)	11.8%	15.9%	16.4%	18.0%	17.0%	18.4%	16.9%	15.9%	19.5%	19.0%
Other Income ⓘ +	11	9	33	30	86	46	43	41	50	50
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Interest ⓘ	9	7	10	14	11	10	10	12	17	19
Depreciation ⓘ	13	14	15	17	19	21	21	22	26	28
Profit Before Tax ⓘ	87	123	153	182	216	203	210	207	258	286
Tax ⓘ	25	39	48	56	38	48	49	48	59	72
Profit After Tax	62	84	105	126	178	155	161	159	199	214
PAT Margin (%)	7.5%	10.0%	11.9%	12.3%	18.8%	15.2%	13.7%	12.7%	15.5%	14.4%
Adjusted EPS (₹)	5.7	7.7	9.6	11.5	16.3	15.0	15.6	15.6	19.5	21.6
Dividend Payout Ratio (%)	11.70%	13%	9.40%	8.70%	20.90%	3.30%	9%	4.50%	3.10%	7%

Valuation of Garware Tech. Fibres - 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 +	365	446	536	649	773	841	996	1,026	1,232	1,220
Share Capital ⓘ	22	22	22	22	22	21	21	20	20	99
Reserves ⓘ	343	424	514	628	751	821	976	1,006	1,211	1,121
Debt +	41	86	138	108	100	97	80	133	119	61
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	41	86	138	108	100	97	80	133	119	61
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	161	198	204	195	200	242	207	187	222	258
Others Liabilities ⓘ	255	111	105	125	131	142	147	146	185	178
Total Liabilities ⓘ	821	841	984	1,077	1,204	1,323	1,430	1,492	1,757	1,718
Fixed Assets
Net Fixed Assets ⓘ +	199	203	221	227	244	247	240	245	261	276
Gross Block	419	216	249	271	300	323	335	361	401	443
Accumulated Depreciation	219	13	28	44	56	76	96	116	140	167
CWIP ⓘ	0	0	0	0	0	0	0	0	0	0
Investments ⓘ	9	111	245	331	423	514	568	666	738	751
Inventories	125	141	164	168	187	177	193	188	235	244
Trade Receivables	212	198	219	243	215	216	260	220	254	300
Cash Equivalents	81	114	22	11	27	55	39	39	146	8
Others Assets ⓘ	194	74	113	97	108	114	130	134	122	138
Total Assets ⓘ	821	841	984	1,077	1,204	1,323	1,430	1,492	1,757	1,718

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 ⓘ +	143	120	28	133	144	205	60	185	198	181
PBT ⓘ	87	123	153	182	216	203	210	207	258	286
Adjustment ⓘ	19	13	1	15	-44	2	8	10	4	11
Changes in Working Capital ⓘ	60	19	-85	-14	24	45	-110	22	-8	-48
Tax Paid ⓘ	-22	-34	-41	-50	-53	-44	-49	-54	-55	-68
Cash Flow From Investing Activity ⓘ +	-37	-147	-53	-78	-58	-121	7	-103	-54	12
Capex	-40	-19	-33	-23	-37	-23	-15	-28	-42	-44
Net Investments	0	-137	-38	-76	-89	-132	-3	-103	-55	19
Others ⓘ	3	8	18	21	69	35	25	28	43	37
Cash Flow From Financing Activity ⓘ +	-36	27	29	-56	-69	-107	-33	-85	-38	-330
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	-6	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-9	-7	-10	-14	-11	-10	-10	-12	-17	-19
Dividend Paid ⓘ	-7	-7	-11	-10	-48	0	-5	-14	-7	-6
Others ⓘ	-14	41	50	-32	-10	-97	-17	-59	-14	-305
Net Cash Flow ⓘ	70	1	4	-1	18	-22	34	-2	107	-137

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 (%)	18.34	20.81	21.42	21.19	25.03	19.16	17.49	15.73	17.62	17.46
ROCE (%)	25.22	27.55	27.03	27.34	27.89	23.48	21.89	19.56	21.87	23.14
Asset Turnover Ratio	1.09	1.02	0.97	1	0.84	0.81	0.86	0.86	0.79	0.86
PAT to CFO Conversion(x)	2.31	1.43	0.27	1.06	0.81	1.32	0.37	1.16	0.99	0.85
Working Capital Days
Receivable Days	86.80	88.10	85.90	81.60	87.50	76.40	73.30	69.40	67.20	67.40
Inventory Days	57.80	57.30	62.90	58.70	67.90	64.60	57	55.20	59.90	58.20
Payable Days	131.50	223.70	252.90	220.80	264.60	272	230.40	179.20	211	206.10

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 Technical Fibres Ltd FAQs

The current trading price of Garware Tech. Fibres on 10-Jun-2026 16:59 is ₹690.0.

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 09-Jun-2026 the market cap of Garware Tech. Fibres stood at ₹6,849.3 Cr

The latest P/E ratio of Garware Tech. Fibres as of 09-Jun-2026 is 32.42.

The latest P/B ratio of Garware Tech. Fibres as of 09-Jun-2026 is 5.16.

The 52-week high of Garware Tech. Fibres is ₹969.9 and the 52-week low is ₹579.5.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Garware Tech. Fibres is ₹1,419 ( Cr.) .

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

The key valuation ratios of Garware Technical Fibres 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 Strong which suggest that the price of Garware Technical Fibres Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Garware Technical Fibres Ltd

Garware Technical Fibres (GTFL) is a leading manufacturer of technical textiles and a pioneer in the industry, holding ISO 14001:2015 certification. The company delivers innovative, valueadded solutions across diverse sectors - from food production to infrastructure development - with a strong presence in domestic and international markets. Its products are manufactured at state-of-the-art facilities in Wai and Pune, Maharashtra, and marketed in several countries worldwide.

GTFL commands significant market share and brand visibility in diverse segments such as domestic fisheries, shipping, international aquaculture, geosynthetic solutions, and sports products. GTFL's sustained focus on innovation, backed by robust research capabilities and process excellence, has enabled it to address evolving market demands while consistently enhancing customer value.

The company was established in 1976 with the name of Garware-Wall Ropes Ltd. Further, the company officially changed its name to Garware Technical Fibres Limited (GTFL) in April 2018.

Business area of the company

The company is engaged in manufacturing and selling various products such as Ropes, Twine, Yarn, Fishnet, Other Nets and Technical Textiles. The company is providing solution to the infrastructure industries which include coastal protection, land filling etc. The Company caters to both domestic and international markets.

Awards and recognitions

2015: 2nd Most Innovative Exporters 2015
2015: Award for Best Aquaculture Cage Net Manufacturer
2015-16: Top Exporter Award for their outstanding performance in the Fish Netting export category and Ropes category
2016-17: Top Exporter Award for their outstanding performance in the Fish Netting export category and Ropes category
2017: Highest Exporter Award 2017
2019: India Green Manufacturing Challenge 2019
2020: The Economic Times Polymers Awards 2020
2022: Performance Excellence Award 2021-22
2023: Recognized as four-star export house by the DGFT, Ministry of Commerce, Govt of India.

Milestones

1976: Technical and financial collaboration with Wall Industries, (USA) (Formation of Garware-Wall Ropes Ltd)
1980: Akurdi Factory 8 strand rope machines commissioned.
1982: Became the largest in synthetic fishing ropes, heavy marine ropes and fish-net twines in India.
1985: Started exporting to Europe
1994: Expanded operation at Wai-Second Manufacturing unit
1998: Started the Geosynthetics devision
2006: Establishment of Net Assembly Unit at Wai to support International operations
2006: Aquaculture in Norway
2012: Expanded Aquaculture business into Chile
2012: Received the first patent
2018: HDPE aqua-culture nets with build-in anti-fouling agent introduced
2018: Received the award for sports exporter from India
2018: Garware-Wall Ropes Ltd. officially changed its name to Garware Technical Fibres Limited (GTFL) in April 2018
2021: Company crossed Rs 1000 crore turnover.
2022: Ranked 49 in Great Place to Work
2023: GTEL is amongst the top 25 of India’s best workplace in Manufacturing 2023
2025: The company has been recognized among 'Top 50 India’s Best Workplaces Building a Culture of Innovation by All - Large category'
2025: GTFL strengthened its market position, achieving a market capitalization of over $1 billion.

Garware Technical Fibres Ltd (GARFIBRES)

Garware Technical Fibres Ltd (GARFIBRES)

Garware Technical Fibres stock performance

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Quality

Valuation

Price Trend

10 Year X-Ray : Login to view analysis.

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 Tech. Fibres - Standalone

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Price to Earnings

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Price to Book

EV to EBITDA

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

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Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

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Garware Technical Fibres Ltd FAQs

About Garware Technical Fibres Ltd

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Garware Technical Fibres Ltd (GARFIBRES)

Garware Technical Fibres Ltd (GARFIBRES)

Garware Technical Fibres stock performance

Check Before You Invest

Quality

Valuation

Price Trend

10 Year X-Ray : Login to view analysis.

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 Tech. Fibres - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

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Price Calculator

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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 Technical Fibres Ltd FAQs

What is the share price of Garware Tech. Fibres?

What is the market cap of Garware Tech. Fibres?

What is the P/E ratio of Garware Tech. Fibres?

What is the P/B ratio of Garware Tech. Fibres?

What is the 52-week high and low of Garware Tech. Fibres?

What is the TTM revenue of Garware Tech. Fibres?

Is Garware Technical Fibres Ltd a good quality company?

Is Garware Technical Fibres Ltd undervalued or overvalued?

Is Garware Technical Fibres Ltd a good buy now?

About Garware Technical Fibres Ltd

About MoneyWorks4Me

Our Vision

What Makes MoneyWorks4Me Different

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