Garware Synthetics Ltd (GARWSYN) — shareholding pattern, promoter holding, financials and share price
About Garware Synthetics Ltd (GARWSYN)
Garware Synthetics Ltd operates in the Trading & Distributors industry, within the Services sector. It trades on the NSE as GARWSYN and on the BSE under scrip code 514400. Its ISIN is INE340D01016.
Incorporated in 1958, Garware Synthetic Ltd manufactures a wide range of bristles made from Nylon. [1]
Garware Synthetics Ltd., founded in 1969, is a pioneer in the Indian market for manufacturing nylon monofilaments, bristles, fishing lines, and PP bristles under the 'GRAFLON' brand.
The company has developed nylon sutures, aiming to substitute imports in India, signaling its foray into the medical sector.
Listed peers in Trading & Distributors: Ind-Agiv Commerce Ltd, Panther Industrial Products Ltd, Tirth Plastic Ltd, Mitshi India Ltd, Kisaan Parivar Industries Ltd, Globe Commercials Ltd.
Valuation & Returns
10 Jul 2026At ₹21.04 a share on 10 Jul 2026, Garware Synthetics Ltd (GARWSYN) was valued at a price-to-earnings ratio of 33.02x against an industry P/E of 21.24x. Solomo computes return on equity of -23.63% and return on capital employed of 15.37% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 33.02x
- Industry P/E
- 21.24x
- EPS (TTM)
- ₹0.64
- Book value / share
- ₹-3.39
- ROE
- -23.63%
- ROCE
- 15.37%
- ROA
- 2.59%
- Debt / equity
- -3.54x
- Dividend yield
- 0%
- EBITDA margin
- 9.09%
- 52-week range
- ₹11.81 – ₹30.42
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Garware Synthetics Ltd (GARWSYN) reported revenue of ₹10.34 crore, net profit of ₹0.36 crore and earnings per share of ₹0.62. That compares with revenue of ₹10.73 crore and net profit of ₹0.01 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹2.41 crore and net profit ₹-0.09 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 12.7 | 11.4 | 10.7 | 10.73 | 10.34 |
| Net profit (₹ cr) | 0.23 | 0.58 | -0.05 | 0.01 | 0.36 |
| EPS (₹) | 0.4 | 1 | -0.09 | 0.02 | 0.62 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 3.46% | 3.32% | -5.47% | 0.28% |
| Profit growth | -24.67% | -34.81% | -61.63% | 120.00% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 45.78% of Garware Synthetics Ltd (GARWSYN) (unchanged from the previous quarter) and domestic institutional investors (DII) hold 0.01%. Market capitalisation was ₹12 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: Niche Financial Services Pvt Ltd 3.85%, Aditya Ashok Garware 1.51%, Shashvat Investments Consultancy And Properties Private Limited 1.51%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 45.78% | - | - | 0.01% | 54.22% |
| Mar 2026 | 45.78% | - | - | 0.01% | 54.22% |
| Dec 2025 | 45.78% | - | - | 0.01% | 54.22% |
| Sep 2025 | 45.78% | - | - | 0.01% | 54.22% |
| Jun 2025 | 45.78% | - | - | 0.01% | 54.22% |
| Mar 2025 | 45.78% | - | - | 0.01% | 54.22% |
| Dec 2024 | 45.78% | - | - | 0.01% | 54.22% |
| Sep 2024 | 45.78% | - | - | 0.01% | 54.22% |