Garware Technical Fibres Ltd (GARFIBRES) — shareholding pattern, promoter holding, financials and share price
About Garware Technical Fibres Ltd (GARFIBRES)
Garware Technical Fibres Ltd operates in the Other Textile Products industry, within the Textiles sector. It trades on the NSE as GARFIBRES and on the BSE under scrip code 509557. Its ISIN is INE276A01018.
Established in 1976, Garware-Wall Ropes (GWRL) is one of India's leading players in the technical textiles sector, providing specialized solutions to the cordage and infrastructure industry worldwide. The company manufactures and provides world class solutions in high performance polymer ropes, fishing nets, sports nets, safety nets, aquaculture cages, coated fabrics, agricultural netting and geosynthetics.
Garware Technical Fibres Limited (GTFL) is a leading manufacturer of technical textiles, serving various sectors including fisheries, aquaculture, infrastructure, and sports products globally.
The company holds a significant market position in geosynthetic solutions, leveraging state-of-the-art facilities in Wai and Pune, and distributing its products across over 75 countries.
Listed peers in Other Textile Products: Indo Count Industries Ltd, Alok Industries Ltd, Raymond Lifestyle Ltd, Sanathan Textiles Ltd, Nitin Spinners Ltd, Ganesha Ecosphere Ltd.
Valuation & Returns
10 Jul 2026At ₹724.8 a share on 10 Jul 2026, Garware Technical Fibres Ltd (GARFIBRES) was valued at a price-to-earnings ratio of 35.67x against an industry P/E of 32.15x and a price-to-book of 5.7x on a book value of ₹127.15 per share as of Mar 2025. Solomo computes return on equity of 15.98% and return on capital employed of 21.66% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 35.67x
- Industry P/E
- 32.15x
- P/B
- 5.7x
- EPS (TTM)
- ₹20.32
- Book value / share
- ₹127.15
- ROE
- 15.98%
- ROCE
- 21.66%
- ROA
- 11.3%
- Debt / equity
- 0.05x
- Dividend yield
- 1.31%
- EBITDA margin
- 20.76%
- 52-week range
- ₹579.45 – ₹969.9
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Garware Technical Fibres Ltd (GARFIBRES) reported revenue of ₹1,529 crore, net profit of ₹199 crore and earnings per share of ₹20.01. That compares with revenue of ₹1,540 crore and net profit of ₹232 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹426 crore and net profit ₹57 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 1,189 | 1,306 | 1,326 | 1,540 | 1,529 |
| Net profit (₹ cr) | 165 | 172 | 210 | 232 | 199 |
| EPS (₹) | 15.98 | 16.9 | 20.63 | 23.33 | 20.01 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 6.72% | 9.52% | 8.17% | 16.18% |
| Profit growth | 14.79% | 3.76% | 10.02% | 10.12% |
| Stock price CAGR | 25% | 3% | 7% | -17% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 54.25% of Garware Technical Fibres Ltd (GARFIBRES) (up 0.89 pp QoQ), foreign institutional investors (FII) hold 8.67% and domestic institutional investors (DII) hold 10.11%. Market capitalisation was ₹7,078 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: Kotak Small Cap Fund 5.69%, Sbi Mnc Fund 2.1%, Verdipapirfondet Odin Emerging Markets 1.92%, Garware Hi-Tech Films Limited 1.34%, Vinodchandra Mansukhlal Parekh 1.12%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 54.25% | - | 8.67% | 10.11% | 45.75% |
| Mar 2026 | 53.36% | - | 9.12% | 10.29% | 46.64% |
| Dec 2025 | 53.36% | - | 9.07% | 10.45% | 46.64% |
| Sep 2025 | 53% | - | 10.05% | 10.99% | 47% |
| Jun 2025 | 53% | - | 9.89% | 10.97% | 47% |
| Mar 2025 | 53% | - | 9.8% | 10.97% | 47% |
| Dec 2024 | 53% | - | 10.15% | 10.37% | 47% |
| Sep 2024 | 53% | - | 9.82% | 10.44% | 47% |