GARFIBRES

Garware Technical Fibres Share PriceGarware Technical Fibres

₹3,404.05
15.5 (0.46%)
As on 11 December, 2023 | 10:43 BSE: 509557 NSE: GARFIBRESISIN: INE276A01018

Garware Technical Fibres Performance

Day Range

  • Low 3,364.95
  • High 3,418.45
₹ 3,404.05

52 Week Range

  • Low 2,650.00
  • High 3,463.85
₹ 3,404.05
  • Open Price3,376.40
  • Previous Close3,388.55
  • Volume4256

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Garware Technical Fibres Share Price

  • Over 1 Month 8.15%
  • Over 3 Month 4.16%
  • Over 6 Month 8.9%
  • Over 1 Year -0.4%

Garware Technical Fibres Key Statistics

P/E Ratio 36.2
PEG Ratio 2.6
Market Cap Cr 6,937
Price to Book Ratio 6.8
EPS 77.4
Dividend 0.1
Relative Strength Index 63.06
Money Flow Index 71.1
MACD Signal 47.8
Average True Range 86.3

Garware Technical Fibres Investment Rating

  • Master Rating:
  • Garware Technical Fibres Ltd has an operating revenue of Rs. 1,299.03 Cr. on a trailing 12-month basis. An annual revenue growth of 10% is good, Pre-tax margin of 17% is great, ROE of 16% is good. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is comfortably placed above its key moving averages, around 5% and 9% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 3% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 83 which is a GOOD score indicating consistency in earnings, a RS Rating of 34 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 90 indicates it belongs to a poor industry group of Apparel-Clothing Mfg and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Garware Technical Fibres Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 321320359250352293362
Operating Expenses Qtr Cr 258261283209292256285
Operating Profit Qtr Cr 63597640593777
Depreciation Qtr Cr 6666555
Interest Qtr Cr 4433331
Tax Qtr Cr 151318912817
Net Profit Qtr Cr 48445730462657
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 1,2811,202
Operating Expenses Annual Cr 1,041960
Operating Profit Annual in Cr 213216
Depreciation Cr 2221
Interest Annual Cr 1210
Tax Annual Cr 4849
Net Profit Annual Cr 159161
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 18560
Cash from Investing Activity Annual Cr -1037
Cash from Financing Annual Activity Cr -85-33
Net Cash Flow Annual Cr -234
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 1,026996
Fixed Assets Annual Cr 245240
Total Non Current Assets Annual Cr 931648
Total Current Assets Annual Cr 561782
Total Assets Annual Cr 1,4921,430
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 504483
ROE Annual % 1616
ROCE Annual % 2021
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1921
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 328326370275356304356
Operating Expenses Qtr Cr 260267291227294264283
Operating Profit Qtr Cr 69588047624173
Depreciation Qtr Cr 6666555
Interest Qtr Cr 4433331
Tax Qtr Cr 1614191013917
Net Profit Qtr Cr 52436037482854
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 1,3331,215
Operating Expenses Annual Cr 1,076966
Operating Profit Annual in Cr 230223
Depreciation Cr 2221
Interest Annual Cr 1211
Tax Annual Cr 5152
Net Profit Annual Cr 172165
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 18964
Cash from Investing Activity Annual Cr -1028
Cash from Financing Annual Activity Cr -85-38
Net Cash Flow Annual Cr 334
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 1,016971
Fixed Assets Annual Cr 246240
Total Non Current Assets Annual Cr 883601
Total Current Assets Annual Cr 610814
Total Assets Annual Cr 1,4931,415
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 499471
ROE Annual % 1717
ROCE Annual % 2222
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2021

Garware Technical Fibres Technicals

EMA & SMA

Current Price
₹3,404.05
15.5 (0.46%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹3,295.19
  • 50 Day
  • ₹3,231.09
  • 100 Day
  • ₹3,188.23
  • 200 Day
  • ₹3,150.55
  • 20 Day
  • ₹3,265.20
  • 50 Day
  • ₹3,202.78
  • 100 Day
  • ₹3,189.78
  • 200 Day
  • ₹3,082.40

Garware Technical Fibres Resistance and Support

PIVOT
₹3,390.4
Resistance
First Resistance 3,409.30
Second Resistance 3,430.05
Third Resistance 3,448.95
RSI 63.06
MFI 71.10
MACD Single Line 47.80
MACD 59.72
Support
First Resistance 3,369.65
Second Resistance 3,350.75
Third Resistance 3,330.00

Garware Technical Fibres Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 7,010 446,397 63.68
Week 16,976 782,433 46.09
1 Month 13,357 731,814 54.79
6 Month 13,950 823,160 59.01

Garware Technical Fibres Result Highlights

Garware Technical Fibres Synopsis

NSE-Apparel-Clothing Mfg

Garware Tech. Fibres is involved in the business activities of Non-specialized wholesale trade. Company’s Total Operating Revenue is Rs. 1253.62 Cr. and Equity Capital is Rs. 20.38 Cr. for the Year ended 31/03/2023. Garware Technical Fibres Ltd. is a Public Limited Listed company incorporated on 01/04/1976 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L25209MH1976PLC018939 and registration number is 018939.
Market Cap 6,905
Sales 1,249
Shares in Float 0.96
No of funds 99
Yield 0.1
Book Value 6.73
U/D Vol ratio 0.9
LTDebt / Equity
Alpha -0.04
Beta 0.41

Garware Technical Fibres

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 52.7%52.7%52.7%52.7%
Mutual Funds 7.76%6.84%5.78%5.48%
Insurance Companies 0.15%0.15%
Foreign Portfolio Investors 8.58%8.62%8.57%8.46%
Financial Institutions/ Banks 0.01%0.01%0.01%0.01%
Individual Investors 23.19%23.87%24.87%25.44%
Others 7.61%7.81%8.07%7.91%

Garware Technical Fibres Management

Name Designation
Mr. V R Garware Chairman & Managing Director
Mr. S P Kulkarni Director
Mr. R M Telang Director
Mr. S S Rajpathak Director
Ms. Mallika Sagar Director
Ms. M V Garware Director

Garware Technical Fibres Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Garware Technical Fibres Corporate Action

Date Purpose Remarks
2023-11-06 Quarterly Results
2023-08-14 Quarterly Results
2023-05-22 Audited Results & Final Dividend
2023-02-09 Quarterly Results
2022-10-21 Quarterly Results & Buy Back of shares

Garware Technical Fibres MF Shareholding

Name Amount(cr)
Kotak Small Cap Growth 12,163
SBI Magnum Global Fund Regular Payout Inc Dist cum Cap Wdrl 6,122
Kotak ELSS Tax Saver-Scheme- Growth 4,122
Edelweiss Small Cap Fund Regular Growth 2,473
WhiteOak Capital Flexi Cap Fund Regular Growth 2,375

Garware Technical Fibres FAQs

What is Share Price of Garware Technical Fibres ?

Garware Technical Fibres share price is ₹3,404 As on 11 December, 2023 | 10:29

What is the Market Cap of Garware Technical Fibres ?

The Market Cap of Garware Technical Fibres is ₹6936.8 Cr As on 11 December, 2023 | 10:29

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

The P/E ratio of Garware Technical Fibres is 36.2 As on 11 December, 2023 | 10:29

What is the PB ratio of Garware Technical Fibres ?

The PB ratio of Garware Technical Fibres is 6.8 As on 11 December, 2023 | 10:29

Q2FY23