GARWARE TECH FIBRES LTD (GARFIBRES) financials

GARWARE TECH FIBRES LTD (GARFIBRES) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

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 geo…

Market Cap: ₹7,469Cr.
Current Price: ₹765
Stock P/E: 34.7
ROE: 17.4%
ROCE: 23.2%
Book Value: ₹134
Dividend Yield: 1.18%
52W High / Low: ₹863/579

In Jun 2026, GARWARE TECH FIBRES LTD (GARFIBRES) reported sales ₹401 Cr and net profit ₹49 Cr.

Annual TTM: sales ₹1,472 Cr, net profit ₹205 Cr.

Shareholding: Promoters 54.25% (Jun 2026), FIIs 8.67% (Jun 2026), DIIs 10.11% (Jun 2026), Public 26.98% (Jun 2026), No. of Shareholders 39,254% (Jun 2026).

GARFIBRES quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	405	353	375	348	360	340	371	401
Expenses	316	295	300	279	298	272	280	334
Operating Profit	89	58	75	69	62	68	91	68
OPM %	22%	16%	20%	20%	17%	20%	25%	17%
Other Income	9	9	9	12	9	17	-7	8
Interest	6	4	3	3	3	3	2	2
Depreciation	7	7	7	7	8	8	8	8
Profit before tax	85	55	73	72	60	74	74	66
Tax %	25%	23%	30%	23%	21%	27%	26%	25%
Net Profit	64	42	51	55	47	54	55	49
EPS in Rs	6.45	4.27	5.17	5.56	4.77	5.44	5.52	5.02
Raw PDF	—	—	—	—	—	—	—	—

GARFIBRES profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	945	1,017	1,174	1,248	1,272	1,481	1,412	1,472
Expenses	767	819	957	1,035	1,014	1,198	1,137	1,183
Operating Profit	178	199	217	213	258	282	274	289
OPM %	19%	20%	18%	17%	20%	19%	19%	20%
Other Income	69	35	25	28	42	50	48	27
Interest	11	10	10	12	17	19	11	10
Depreciation	19	21	21	22	26	28	31	32
Profit before tax	216	203	210	207	258	286	280	274
Tax %	18%	24%	23%	23%	23%	25%	25%	—
Net Profit	178	155	161	159	199	214	211	205
EPS in Rs	16.27	15.00	15.59	15.61	19.52	21.57	21.28	20.75
Dividend Payout %	21%	3%	9%	4%	3%	7%	5%	—

GARFIBRES balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	22	22	21	21	20	20	99	99
Reserves	628	751	821	976	1,006	1,211	1,121	1,228
Borrowings	108	100	97	80	134	122	65	22
Other Liabilities	319	330	385	354	333	403	433	430
Total Liabilities	1,077	1,204	1,323	1,430	1,492	1,757	1,718	1,779
Fixed Assets	227	244	247	240	245	261	276	302
CWIP	-0	-0	-0	-0	-0	-0	-0	-0
Investments	331	423	514	568	666	738	751	657
Other Assets	519	537	562	622	582	758	690	820
Total Assets	1,077	1,204	1,323	1,430	1,492	1,757	1,718	1,779

GARFIBRES cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	133	144	205	60	185	198	181	118
Cash from Investing Activity	-78	-58	-121	7	-103	-54	12	61
Cash from Financing Activity	-56	-69	-107	-33	-85	-38	-331	-148
Net Cash Flow	-1	18	-22	34	-2	107	-138	31
Free Cash Flow	111	107	182	45	157	157	138	63
CFO/OP	96%	111%	126%	50%	112%	98%	88%	70%

GARFIBRES shareholding pattern (%)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	53.00%	53.00%	53.00%	53.00%	53.00%	53.36%	53.36%	54.25%
FIIs	9.82%	10.15%	9.80%	9.89%	10.05%	9.07%	9.12%	8.67%
DIIs	10.44%	10.37%	10.97%	10.97%	10.98%	10.44%	10.29%	10.11%
Public	26.74%	26.50%	26.24%	26.15%	25.97%	27.14%	27.24%	26.98%
No. of Shareholders	36,832	42,654	46,773	43,980	43,116	41,958	41,415	39,254

GARFIBRES key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	87	83	77	81	64	73	74	84
Inventory Days	186	251	218	198	171	243	210	273
Days Payable	215	268	298	212	170	229	217	220
Cash Conversion Cycle	58	66	-3	67	65	87	67	137
Working Capital Days	37	39	20	56	27	31	51	87
ROCE %	26%	28%	23%	22%	19%	22%	23%	23%

GARFIBRESUpdated 14 Oct 2026, 23:23

Garware Tech Fibres Ltd

GARFIBRESUpdated 14 Oct 2026, 23:23

Market Cap

₹7,469Cr.

Current Price

₹765

High / Low

₹863/579

Stock P/E

34.7

ROE17.4%

ROCE23.2%

Book Value₹134

Face Value₹10.0

Dividend Yield1.18%

About

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	320	4	261	9	6	58	23	44	4.36
Sep 2023	321	4	258	10	6	62	24	48	4.66
Dec 2023	268	3	223	11	7	47	23	36	3.51
Mar 2024	371	5	280	12	7	91	24	70	6.84
Jun 2024	356	6	282	10	7	72	21	56	5.68
Sep 2024	405	6	316	9	7	85	25	64	6.45
Dec 2024	353	4	295	9	7	55	23	42	4.27
Mar 2025	375	3	300	9	7	73	30	51	5.17
Jun 2025	348	3	279	12	7	72	23	55	5.56
Sep 2025	360	3	298	9	8	60	21	47	4.77
Dec 2025	340	3	272	17	8	74	27	54	5.44
Mar 2026	371	2	280	-7	8	74	26	55	5.52
Jun 2026	401	2	334	8	8	66	25	49	5.02

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	782	10	703	4	12	60	29	43	3.94
Mar 2016	825	9	722	6	13	87	29	62	5.66
Mar 2017	846	7	710	8	14	123	32	84	7.71
Mar 2018	885	10	724	18	15	153	31	105	9.61
Mar 2019	1018	14	826	21	17	182	31	126	11.48
Mar 2020	945	11	767	69	19	216	18	178	16.27
Mar 2021	1017	10	819	35	21	203	24	155	15
Mar 2022	1174	10	957	25	21	210	23	161	15.59
Mar 2023	1248	12	1035	28	22	207	23	159	15.61
Mar 2024	1272	17	1014	42	26	258	23	199	19.52
Mar 2025	1481	19	1198	50	28	286	25	214	21.57
Mar 2026	1412	11	1137	48	31	280	25	211	21.28
TTM	1472	10	1183	27	32	274	—	205	20.75

Shareholding pattern

As of Jun 2026%

Holder	Share
Promoters	54.25%
FIIs	8.67%
DIIs	10.11%
Public	26.98%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public	Others
Sep 2023	52.7%	8.58%	9.62%	29.09%	—
Dec 2023	52.7%	8.77%	10.19%	28.33%	—
Mar 2024	52.7%	9.34%	10.02%	27.95%	—
Jun 2024	53%	9.55%	10.39%	27.06%	—
Sep 2024	53%	9.82%	10.44%	26.74%	—
Dec 2024	53%	10.15%	10.37%	26.5%	—
Mar 2025	53%	9.8%	10.97%	26.24%	—
Jun 2025	53%	9.89%	10.97%	26.15%	—
Sep 2025	53%	10.05%	10.98%	25.97%	—
Dec 2025	53.36%	9.07%	10.44%	27.14%	—
Mar 2026	53.36%	9.12%	10.29%	27.24%	—
Jun 2026	54.25%	8.67%	10.11%	26.98%	—

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	22	288	40	349	699	166	7	9	517	699
Mar 2016	22	343	45	411	821	199	0	9	613	821
Mar 2017	22	424	86	309	841	203	0	111	526	841
Mar 2018	22	514	138	310	984	221	0	245	518	984
Mar 2019	22	628	108	319	1077	227	0	331	519	1077
Mar 2020	22	751	100	330	1204	244	0	423	537	1204
Mar 2021	21	821	97	385	1323	247	0	514	562	1323
Mar 2022	21	976	80	354	1430	240	0	568	622	1430
Mar 2023	20	1006	134	333	1492	245	0	666	582	1492
Mar 2024	20	1211	122	403	1757	261	0	738	758	1757
Mar 2025	99	1121	65	433	1718	276	0	751	690	1718
Mar 2026	99	1228	22	430	1779	302	0	657	820	1779

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	74	-25	-48	2
Mar 2016	143	-37	-36	70
Mar 2017	120	-147	27	1
Mar 2018	28	-53	29	4
Mar 2019	133	-78	-56	-1
Mar 2020	144	-58	-69	18
Mar 2021	205	-121	-107	-22
Mar 2022	60	7	-33	34
Mar 2023	185	-103	-85	-2
Mar 2024	198	-54	-38	107
Mar 2025	181	12	-331	-138
Mar 2026	118	61	-148	31

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	85	94	85	90	87	83	77	81	64	73	74	84
Inventory Days	138	145	176	206	186	251	218	198	171	243	210	273
Days Payable	67	186	247	257	215	268	298	212	170	229	217	220
Cash Conversion Cycle	156	53	14	40	58	66	-3	67	65	87	67	137
Working Capital Days	61	42	12	24	37	39	20	56	27	31	51	87
ROCE %	20%	25%	28%	26%	26%	28%	23%	22%	19%	22%	23%	23%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of GARWARE TECH FIBRES LTD (GARFIBRES)?

The reported market capitalisation for GARWARE TECH FIBRES LTD (GARFIBRES) is ₹7,469Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of GARFIBRES?

The current price shown for GARWARE TECH FIBRES LTD (GARFIBRES) on Fincrux is ₹765 with a 52-week high/low of ₹863/579.

What is the P/E ratio of GARWARE TECH FIBRES LTD (GARFIBRES)?

The stock P/E for GARWARE TECH FIBRES LTD (GARFIBRES) is 34.7 on Fincrux, with ROE at 17.4% and ROCE at 23.2%.

What were GARFIBRES latest quarterly results?

For Jun 2026, GARWARE TECH FIBRES LTD (GARFIBRES) reported sales ₹401 Cr and net profit ₹49 Cr (figures in ₹ crore unless noted).

What are GARFIBRES annual sales and net profit?

For TTM, GARWARE TECH FIBRES LTD (GARFIBRES) shows sales of ₹1,472 Cr and net profit of ₹205 Cr on the Fincrux profit & loss statement.

Who owns GARWARE TECH FIBRES LTD (GARFIBRES)?

Latest shareholding for GARWARE TECH FIBRES LTD (GARFIBRES) on Fincrux: Promoters 54.25% (Jun 2026), FIIs 8.67% (Jun 2026), DIIs 10.11% (Jun 2026), Public 26.98% (Jun 2026), No. of Shareholders 39,254% (Jun 2026).

Where can I find GARWARE TECH FIBRES LTD (GARFIBRES) financials?

GARWARE TECH FIBRES LTD (GARFIBRES) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show GARFIBRES balance sheet and cash flow?

Yes. The GARWARE TECH FIBRES LTD (GARFIBRES) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 14 October 2026 at 23:23