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

Garware Technical Fibres Ltd share price has appreciated 22.8% 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 11-Sep-2026 16:59:59 at 16:59 is 797.15.

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

The latest standalone P/E ratio of Garware Technical Fibres as of 11-Sep-2026 is 37.95.

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 11-Sep-2026 is 6.15.

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. 863.00 and the 52-week low is Rs. 579.45.

Garware Technical Fibres Ltd (GARFIBRES)

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

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 509557 NSE: GARFIBRES Textile | Small Cap | Garware Tech. Fibres Share Price

₹797.15 13.40 (1.71%)

As on 11-Sep'26 16:59

Garware Technical Fibres Ltd (GARFIBRES)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 509557 NSE: GARFIBRES Textile | Small Cap | Garware Tech. Fibres Share Price

₹797.15 13.40 (1.71%)

As on 11-Sep'26 16:59

Key Metrics

Valuation Multiples

Market Cap

₹7,784 Cr.

Current Price

₹797.2

52-Week Low / High

₹579 / 863

TTM EPS

₹21.5

TTM Sales

₹1,644 Cr.

Book Value per Share

₹134

P/E Ratio

37.06

In line with its 5-year historical median

Industry PE

35.9

Price to Book (P/B)

5.95

In line with its 5-year historical median

Price to Sales (P/S)

4.74

Lower than its 5-year historical median

EV/EBITDA

22.00

Lower than its 5-year historical median

Dividend Yield

1.13%

Profitability Efficiency

Return on Equity (ROE)

15.29%

Outperforms industry median

Return on Capital Employed (ROCE)

20.98%

Outperforms industry median

Return on Assets (ROA)

10.92%

Operating Profit Margin

17.3%

Net Profit Margin

12.98%

Gross Profit Margin

20.6%

Growth Momentum
1-yr vs 3-yr growth

Sales Growth (1 Year)

Slowing versus 3-year growth rate

-4.68%

Operating Profit Growth (1 Year)

Slowing versus 3-year growth rate

-13.48%

Net Profit Growth (1 Year)

Slowing versus 3-year growth rate

-14.31%

Asset Quality

Promoter Holding

54.25%

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

0.00%

Reserves

₹1,211 Cr.

Equity

₹97.7 Cr.

Face Value

₹10

All Time Low / High

₹1.93 / 985.16

Garware Technical Fibres stock performance

Key Ratios

Check Before You Invest

Quality

Very Good

Check detailed performance

Valuation

Overvalued

Check Valuation charts

Price Trend

Semi Strong

Check Price chart

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 8.12%, compared to the industry median CAGR of 0.00%, indicating faster growth and gaining its market share.

Q.1 Promoter shareholding and pledge status of Garware Technical Fibres Ltd?

Promoters hold 54.25% 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 23% 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'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26	TTM
ROCE % ⓘ	27.6%	27%	27.3%	27.9%	23.5%	21.9%	19.6%	21.9%	23.1%	22.1%	-
Value Creation Index ⓘ	1.0	0.9	1.0	1.0	0.7	0.6	0.5	0.6	0.7	0.6	-
Growth Parameters ⓘ
Sales ⓘ	846	885	1,018	945	1,017	1,176	1,254	1,280	1,489	1,419	1,472
Sales YoY Gr.	-	4.6%	15.1%	-7.2%	7.7%	15.6%	6.6%	2.1%	16.3%	-4.7%	-
Adj EPS ⓘ	7.7	8.3	10.3	15.1	13.9	14.3	14.6	19	20.6	21.1	21
YoY Gr.	-	8.5%	23.3%	47%	-7.7%	2.2%	2.4%	30.4%	8.3%	2.3%	-
BVPS (₹) ⓘ	40.7	49	59.4	70.6	81.6	96.6	100.7	120.9	122.9	133.7	129.7
Adj Net Profit ⓘ	84	91.2	112	165	144	147	149	194	205	209	205
Cash Flow from Ops. ⓘ	120	28	133	144	205	59.9	185	198	181	118	-
Debt/CF from Ops. ⓘ	0.7	4.9	0.8	0.7	0.5	1.3	0.7	0.6	0.3	0.2	-

CAGR ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	5.9%	6.9%	4.2%	-4.7%
Adj EPS ⓘ	11.9%	8.6%	13.1%	2.3%
BVPSⓘ	14.1%	10.4%	9.9%	8.8%
Share Price	22.8%	3.1%	7.7%	2.6%

Key Financial Parameters ⓘ

	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26	TTM
Return on Equity % ⓘ	20.7	18.6	19	23.2	17.8	16	14.7	17.2	16.7	16.4	16
Op. Profit Mgn % ⓘ	16	16.4	18	17.1	18.4	16.9	15.9	19.6	19	19.2	19.6
Net Profit Mgn % ⓘ	9.9	10.3	11	17.5	14.1	12.5	11.9	15.2	13.7	14.8	13.9
Debt to Equity ⓘ	0.2	0.3	0.2	0.1	0.1	0.1	0.1	0.1	0.1	0	-
Working Cap Days ⓘ	203	187	177	195	180	168	163	164	157	187	129
Cash Conv. Cycle ⓘ	49	46	49	60	41	45	53	55	50	65	78

Valuation of Garware Tech. Fibres - Consolidated

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Financials

PARTICULARS	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26
Sales	846	885	1,018	953	1,035	1,189	1,306	1,326	1,540	1,529
Operating Expenses ⓘ +	711	739	835	792	841	984	1,088	1,061	1,235	1,264
Manufacturing Costs	207	218	250	258	264	305	305	324	358	341
Material Costs	293	291	330	279	296	349	419	366	433	454
Employee Cost	106	117	130	136	153	150	167	194	214	237
Other Costs ⓘ	105	114	125	119	128	180	198	177	229	232
Operating Profit ⓘ	135	145	183	161	194	205	217	265	305	264
Operating Profit Margin (%)	15.9%	16.4%	18.0%	16.9%	18.7%	17.3%	16.6%	20.0%	19.8%	17.3%
Other Income ⓘ +	9	33	30	49	45	43	40	50	51	67
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	-14
Interest ⓘ	7	10	14	12	10	11	12	17	20	14
Depreciation ⓘ	14	15	17	19	21	21	22	26	28	34
Profit Before Tax ⓘ	123	153	182	179	208	216	223	272	308	269
Tax ⓘ	39	48	56	38	50	52	51	61	77	71
Profit After Tax	84	105	126	141	158	165	172	210	232	198
PAT Margin (%)	10.0%	11.9%	12.4%	14.7%	15.3%	13.9%	13.2%	15.9%	15.0%	13.0%
Adjusted EPS (₹)	7.7	9.6	11.5	12.8	15.4	16.0	16.9	20.6	23.3	20.0
Dividend Payout Ratio (%)	13%	9.40%	8.70%	26.50%	3.30%	8.80%	4.10%	2.90%	6.40%	45%

PARTICULARS	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26
Equity and Liabilities
Shareholders Fund +	446	537	650	739	811	971	1,016	1,234	1,242	1,354
Share Capital ⓘ	22	22	22	22	21	21	20	20	99	99
Reserves ⓘ	424	515	628	717	790	950	996	1,213	1,142	1,255
Debt +	86	138	108	133	102	80	133	119	61	38
Long Term Debt	0	0	0	0	0	0	0	0	0	19
Short Term Debt	86	138	108	133	102	80	133	119	61	19
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	198	204	195	185	250	210	194	227	257	267
Others Liabilities ⓘ	111	105	125	134	156	154	150	191	197	219
Total Liabilities ⓘ	842	985	1,078	1,191	1,319	1,415	1,493	1,771	1,757	1,879
Fixed Assets
Net Fixed Assets ⓘ +	203	221	227	244	247	240	246	262	277	419
Gross Block	216	249	271	300	323	336	361	402	444	612
Accumulated Depreciation	13	28	44	56	76	96	116	140	167	192
CWIP ⓘ	0	0	0	0	0	0	0	0	0	1
Investments ⓘ	111	244	330	376	467	521	617	689	703	496
Inventories	141	164	168	192	190	224	214	257	270	399
Trade Receivables	198	219	243	235	242	258	234	262	317	277
Cash Equivalents	115	23	12	34	57	40	46	174	51	140
Others Assets ⓘ	74	113	97	109	115	132	136	127	140	148
Total Assets ⓘ	842	985	1,078	1,191	1,319	1,415	1,493	1,771	1,757	1,879

PARTICULARS	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26
Cash Flow From Operating Activity ⓘ +	120	28	133	110	228	64	189	219	196	162
PBT ⓘ	123	153	182	179	208	216	223	272	308	269
Adjustment ⓘ	13	1	15	-6	2	8	10	4	11	-1
Changes in Working Capital ⓘ	19	-85	-14	-10	64	-110	13	1	-50	-28
Tax Paid ⓘ	-34	-41	-50	-53	-46	-51	-57	-58	-73	-78
Cash Flow From Investing Activity ⓘ +	-147	-53	-77	-47	-120	8	-102	-73	10	64
Capex	-19	-33	-23	-37	-23	-15	-28	-42	-44	-55
Net Investments	-137	-38	-76	-42	-132	-3	-102	-74	52	225
Others ⓘ	9	18	21	32	35	26	28	43	2	-105
Cash Flow From Financing Activity ⓘ +	27	29	-56	-37	-135	-38	-85	-39	-332	-152
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	-2
Interest Paid ⓘ	-7	-10	-14	-12	-10	-11	-12	-17	-20	-13
Dividend Paid ⓘ	-7	-11	-10	-48	0	-5	-14	-7	-6	-94
Others ⓘ	41	50	-32	22	-124	-22	-59	-14	-306	-43
Net Cash Flow ⓘ	1	4	-1	25	-27	34	3	108	-125	73

PARTICULARS	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26
Ratios
ROE (%)	20.79	21.4	21.17	20.23	20.44	18.5	17.33	18.69	18.71	15.29
ROCE (%)	27.53	27.01	27.32	23.37	24.48	23.13	21.38	23.1	24.74	20.98
Asset Turnover Ratio	1.02	0.97	1	0.85	0.83	0.88	0.9	0.82	0.88	0.85
PAT to CFO Conversion(x)	1.43	0.27	1.06	0.78	1.44	0.39	1.1	1.04	0.84	0.82
Working Capital Days
Receivable Days	88.10	85.90	81.60	90.60	83.20	76.10	68.30	67.90	68	70.20
Inventory Days	57.30	62.90	58.70	68.20	66.70	63.10	60.90	64.40	61.80	79.10
Payable Days	223.70	252.90	220.80	247.80	267.80	240.40	176	210.10	203.90	210.80

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Garware Technical Fibres Ltd FAQs

The current trading price of Garware Tech. Fibres on 11-Sep-2026 16:59 is ₹797.1.

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 10-Sep-2026 the market cap of Garware Tech. Fibres stood at ₹7,784 Cr

The latest P/E ratio of Garware Tech. Fibres as of 10-Sep-2026 is 37.95.

The latest P/B ratio of Garware Tech. Fibres as of 10-Sep-2026 is 6.15.

The 52-week high of Garware Tech. Fibres is ₹863.0 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 ₹1,472 ( 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 Semi Strong which suggest that the price of Garware Technical Fibres Ltd is likely to Rise-somewhat 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.

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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
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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 :

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 ⓘ

Valuation of Garware Tech. Fibres - Consolidated

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Analyst's Notes

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Financials

Equity and Liabilities

Fixed Assets

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Garware Technical Fibres Ltd FAQs

About Garware Technical Fibres Ltd

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 :

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 ⓘ

Valuation of Garware Tech. Fibres - Consolidated

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

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Financials

Equity and Liabilities

Fixed Assets

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