Garware Technical Fibres logo

Garware Technical Fibres share price

NSE: GARFIBRESBSE: 509557Textiles & ApparelsSmall Cap

Formerly Garware Wall Ropes
Last close ₹740.30down ₹9.30 (1.24%)BSE ₹740.75

Share price at the NSE close on 23 Oct 2026. Previous close ₹749.60.

52-week range of traded prices to 23 Oct 2026
₹579.75Low, 30 Mar 2026₹863.40High, 6 Aug 2026
Market cap
₹7,229 Cr702nd largest listed
P/E
34.4
P/B
5.3
Dividend yield
1.22%
ROE
16.2%
ROCE
19.3%
Debt to equity
0.03
Volume, NSE
39,84746.0% delivered

Share price

Daily closes since Jan 2007, BSE closes Jan 2007 to Apr 2007, adjusted for splits and bonuses

−4.9%over a year

ResultsBuyback20-session average 28,478 shares a day, 51.9% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 5 Aug

Revenue
₹482 Crup 13.12%
Net profit
₹65 Crup 12.83%
Net margin
13.4%

Revenue by year

Peak revenue ₹1,540 Cr, year to Mar 2025

Net profit by year, a loss in red

₹ croreSep 2024Filed 14 NovDec 2024Filed 10 FebMar 2025Filed 10 JunJun 2025Filed 8 AugSep 2025Filed 7 NovDec 2025Filed 11 FebMar 2026Filed 21 SepJun 2026Filed 5 Aug
Revenue421351433367348387426482
Net profit6648715332565765
Net margin15.7%13.6%16.4%14.5%9.2%14.5%13.4%13.4%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Synthetic cordage₹1,215 Cr78.2%
  • Fibre and Industrial Products & Projects₹339 Crup 12.98%21.8%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 53% of 2,480 trading days over the last 10 years.

LowestHighest
Its median33.8Industry median14.3
Price to book

At or below today's level on 30% of 1,975 trading days since Nov 2018.

LowestHighest
Its median6.1Industry median1.1
EV to EBITDA23.3

At or below today's level on 27% of 1,975 trading days since Nov 2018.

LowestHighest
Its median26.7Industry median10.2
Dividend yield

At or below today's level on 89% of 2,448 trading days over the last 10 years.

LowestHighest
Its median0.37%Industry median0.50%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−28.4%−14.2%−18.3%1.5%
3 years+2.0%+6.2%−4.5%0.6%
5 years+3.8%+5.4%−1.9%0.4%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters54.25%
  • Foreign institutions8.36%
  • Indian institutions10.79%
  • Individuals and others26.61%
Holder
Garware Capital Markets LimitedPromoter18.64%
Vayu Ramesh GarwarePromoter6.31%
SukukarHoldings and Trading Co P Ltd Partner representing PartnershipFirm ie RameshTradingCoPromoter5.13%
VMIR Investment Private LimitedPromoter4.70%
VRG Investments Private LimitedPromoter4.51%
Gurukrupa Comtrade P Ltd Partner representing Partnership Firm ie Sunita Trading CoPromoter4.10%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

17 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 1 of the 3 funds that added or cut is an index fund, an ETF or an arbitrage fund: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.Mutual fund holdings

Added
1
Cut
2
Held unchanged
14
Fund
Kotak Mahindra Mutual Fund logoKotak-Small Cap FundKotak Mahindra Mutual Fund47,39,9931.91%₹365.4 Cr
SBI Mutual Fund logoSBI MNC FundSBI Mutual Fund16,00,0001.93%₹123.3 Cr
HDFC Mutual Fund logoHDFC Childrens FundHDFC Mutual Fund9,24,8790.69%₹71.3 Cr
Edelweiss Mutual Fund logoEdelweiss Small Cap FundEdelweiss Mutual Fund4,31,5150.48%₹33.3 Cr
Kotak Mahindra Mutual Fund logoKotak MNC FundKotak Mahindra Mutual Fund4,00,0001.37%₹30.8 Cr
Kotak Mahindra Mutual Fund logoKotak ELSS Tax Saver FundKotak Mahindra Mutual Fund3,52,7250.45%₹27.2 Cr
SBI Mutual Fund logoSBI Conservative Hybrid FundSBI Mutual Fund2,08,2970.16%₹16.1 Cr
Kotak Mahindra Mutual Fund logoKotak Manufacture in India FundKotak Mahindra Mutual Fund1,80,8450.45%₹13.9 Cr
Bandhan Mutual Fund logoBandhan Balanced Advantage FundBandhan Mutual Fund1,72,5620.60%₹13.3 Cr
Bajaj Finserv Mutual Fund logoBajaj Finserv Small Cap FundBajaj Finserv Mutual Fund1,48,5140.41%₹11.4 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Other Textile Products, 271 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Garware Technical Fibres in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Welspun Living logoWelspun LivingWELSPUNLIV19,83271.44.024.3−3.3%−48.7%5.7%7.0%0.05%
Vardhman Textiles logoVardhman TextilesVTL14,52117.11.411.8+3.3%−0.5%8.3%7.3%1.00%
Trident logoTridentTRIDENT10,44226.42.213.2−2.4%−9.5%8.4%8.9%2.44%
Indo Count Industries logoIndo Count IndustriesICIL7,80651.73.320.6+5.3%−27.2%6.5%7.5%0.38%
Kusumgar logoKusumgarKUSUMGAR5,764–––––––0.00%
Sanathan Textiles logoSanathan TextilesSANATHAN4,21069.32.217.1+48.5%−59.7%3.3%6.2%0.00%
Filatex India logoFilatex IndiaFILATEX4,07621.32.712.0+0.2%+34.4%13.5%16.4%0.33%
Alok Industries logoAlok IndustriesALOKINDS4,017––291.2+6.0%––−3.8%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹9.00 a share, year to Mar 2026.
Ex-dateTypePer share
1 Sep 2026Final₹1.00
14 Nov 2025Interim₹8.00
26 Aug 2025Final₹1.50
12 Sep 2024Final₹3.00
11 Sep 2023Final₹3.50
5 Sep 2022Final₹7.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Garware Technical Fibres share price by year

Each calendar year to 2025.Garware Technical Fibres share price history

YearClose at year endChangeHighest closeLowest close
2025697.55−26.7%961.40659.10
2024951.52+41.3%974.73631.35
2023673.20+8.0%686.31534.25
2022623.16−2.0%738.92535.61
2021636.20+40.2%768.56430.58
2020453.71+88.5%453.71189.99
2019240.70−0.5%256.84197.38
2018241.94+25.9%262.83181.70
2017192.15+57.0%195.50117.05
2016122.40+44.6%129.0955.77
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026744.00744.05700.10740.30732.5139,84746.0%
22 Oct 2026733.20765.00726.60749.60745.0734,86662.9%
21 Oct 2026768.80768.80735.00740.70743.5374,12264.9%
19 Oct 2026761.00770.35758.10765.95764.8122,45964.7%
16 Oct 2026763.55769.95757.00767.20766.5110,33363.0%
15 Oct 2026762.00768.50751.00765.65763.3849,99171.4%
14 Oct 2026768.00776.45762.00765.30767.5713,56746.0%
13 Oct 2026762.95770.00760.05765.80765.0217,33541.6%
12 Oct 2026770.00789.90760.65765.85774.7822,74733.2%
9 Oct 2026760.90768.20753.60765.10762.5127,60860.7%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus share history

Ex-dateEventPrice factorWhat happened
3 Jan 2025Bonus0.2000Holders received 4 bonus shares for every 1 held.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Legal name
Garware Technical Fibres Limited
NSE symbol
GARFIBRES
BSE code
509557
ISIN
INE276A01018
Industry
Textiles & Apparels
Listed
Aug 1978 on BSE, Apr 2007 on NSE
Face value
₹10
Former symbols
GARWALLROP
CIN
L25209MH1976PLC018939
Corporate identity number, the registrar of companies' code for it