Garware Marine Industries Ltd (GARWAMAR) — shareholding pattern, promoter holding, financials and share price
About Garware Marine Industries Ltd (GARWAMAR)
Garware Marine Industries Ltd operates in the Other Textile Products industry, within the Textiles sector. It trades on the NSE as GARWAMAR and on the BSE under scrip code 509563. Its ISIN is INE925D01014.
Incorporated in 1975, Garware Marine Industries Ltd operates a Ship Repair Division [1]
Garware Marine Industries Ltd (GMIL) is primarily engaged in ship repairs and previously manufactured and marketed fishing nets.
Originally incorporated as Modern Nets Ltd in 1975, the company has undergone significant changes, ceasing fishing net production to focus on ship repair.
Listed peers in Other Textile Products: Supreme (India) Impex Ltd, Sri Nachammai Cotton Mills Ltd, Winsome Yarns Ltd, S & T Corporation Ltd, Seasons Textiles Ltd, Santosh Fine Fab Ltd.
Valuation & Returns
10 Jul 2026At ₹21.54 a share on 10 Jul 2026, Garware Marine Industries Ltd (GARWAMAR) was valued at a price-to-earnings ratio of 82.8x against an industry P/E of 32.15x and a price-to-book of 0.69x on a book value of ₹31.14 per share as of Mar 2025. Solomo computes return on equity of 0.84% and return on capital employed of 0.89% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 82.8x
- Industry P/E
- 32.15x
- P/B
- 0.69x
- EPS (TTM)
- ₹0.26
- Book value / share
- ₹31.14
- ROE
- 0.84%
- ROCE
- 0.89%
- ROA
- 0.78%
- Debt / equity
- 0x
- Dividend yield
- 0%
- EBITDA margin
- 15.74%
- 52-week range
- ₹18.32 – ₹36.5
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Garware Marine Industries Ltd (GARWAMAR) reported revenue of ₹1.08 crore, net profit of ₹0.15 crore and earnings per share of ₹0.26. That compares with revenue of ₹1.2 crore and net profit of ₹0.43 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹0.26 crore and net profit ₹-0.05 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 1.58 | 1.22 | 0.66 | 1.2 | 1.08 |
| Net profit (₹ cr) | 0.01 | 0.12 | -0.07 | 0.43 | 0.15 |
| EPS (₹) | 0.02 | 0.21 | -0.12 | 0.75 | 0.26 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 0.39% | 1.43% | -8.79% | 81.82% |
| Profit growth | 110.75% | 40.43% | 211.30% | 714.29% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 37.55% of Garware Marine Industries Ltd (GARWAMAR) (unchanged from the previous quarter) and domestic institutional investors (DII) hold 0%. Market capitalisation was ₹12 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Dec 2002.
Largest disclosed public shareholders in Jun 2026: INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRS 6.19%, SHRI KRISHNA WELFARE TRUST 2.87%, OFFICIAL LIQUIDATOR HIGH COURT MUMBAI 2.43%, DSG SHIP SERVICES PVT LTD 1.23%, FIRDAUS S VARIAVA 1.17%, ASHISH JAIN 1.04%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 37.55% | - | - | 0% | 62.45% |
| Mar 2026 | 37.55% | - | - | 0% | 62.45% |
| Dec 2025 | 37.55% | - | - | 0% | 62.45% |
| Sep 2025 | 37.55% | - | - | 0% | 62.45% |
| Jun 2025 | 37.55% | - | - | 0% | 62.45% |
| Mar 2025 | 37.55% | - | - | 0% | 62.45% |
| Dec 2024 | 37.55% | - | - | 0% | 62.45% |
| Sep 2024 | 37.6% | - | - | 0% | 62.4% |