Garware Technical Fibres Limited Share Price and Company Fundamentals
Last traded: Today at 6:58 AM
Garware Technical Fibres Limited manufactures and sells various technical textile products in India and internationally. It operates through two segments, Synthetic Cordage; and Fibre and Industrial Products and Projects. The company offers smolt and grow out cages, predator cages, mooring and vertical ropes, lice shields; bottom and pelagic trawling, gill netting, pure sein, doll, crab/lobster fishing nets; insect nets, anti-hail, anti-birds, grape, crop support, floriculture, fencing, and BLRS nets, as well as shade net, staking cord, seed protection cage, and weed mat related products and solutions. In addition, it provides coated fabrics products comprising of decorative fabrics, bouncies, water tank/bio flock, bio gas, and shelter fabrics; and transport and heat management solutions. Further, the company offers mooring, towing, and other rope accessories; air inflatable tents, recovery /under slung, and fast rope; fire retardant/ vehicle, muzzle, and gun covers. Additionally, it provides sport net, sport frames, safety, fitness, mountaineering, and other products; transmission, submersible, and other applications ropes; bag closing, doll hair, jute bag stitching products, as well as offers fall protection solutions. Furthermore, the provides geo synthesis solutions for environment, highways and railways, erosion control, mining, oil, gas, and energy, slope protection, coastal and river protection applications. The company was formerly known as Garware-Wall Ropes Limited and changed its name to Garware Technical Fibres Limited in July 2018. Garware Technical Fibres Limited was incorporated in 1976 and is headquartered in Pune, India.
Key Metrics
PE ratio
33.49
PB ratio
5.77
Dividend yield
0.00%
Beta
0.43
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Textile Manufacturing / Consumer Cyclical |
|---|---|
| Full time employees | 1166 |
| Website | https://www.garwarefibres.com |
| Mailing address | Plot No. 11, Block D1 M.I.D.C. Chinchwad Pune 411019 India |
| Phone / Fax | 91 20 2799 0000 / 91 20 2799 0341 |
Dividends
Dividend yield
0.00%
Dividend amount
₹0.00
Payout ratio
3.61%
5Y Avg. yield
0.46%
Garware Technical Fibres Limited paid ₹0.00 dividend and the ex-dividend date was 11 Sept 2023.The dividend payout ratio is 3.61%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.GARFIBRES dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
GARFIBRES's forward dividend amount is ₹3.5 and the forward dividend yield is 0.11%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of May 2024, following are the company executives and directors listed on Garware Technical Fibres Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Vayu Ramesh Garware | Executive Chairman & MD | 51 | |
| Mr. Shujaul Rehman | Chief Executive Officer | 52 | |
| Dr. Sanjay Charati | President and Head of R&D | ||
| Mr. Shashank Gupta | Chief Financial Officer | 39 | |
| Mr. Vivek Kulkarni BE | President of Operations | 58 | |
| Mr. Sunil Agarwal | Head of Legal, Company Secretary & Compliance Officer | 1.81M | |
| Mr. Ravendrakumar Ramprashad Mishra | BR Head & Head of Human Capital | ||
| Mr. Thirumalai Kulkarni | Chief Operating Officer of Geosynthetics Division | 52 |
Profitability and management effectiveness
Profit margin
15.10%
Operating margin
16.15%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Garware Technical Fibres Limited is and its enterprise value is .
The GARFIBRES's stocks Beta value is 0.43 making it 57% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Garware Technical Fibres Limited (NSE:GARFIBRES) Frequently Asked Questions
1. What is Garware Technical Fibres Limited's Stock Symbol?
Garware Technical Fibres Limited trades on NSE under the ticker symbol "GARFIBRES".
2. What is Garware Technical Fibres Limited's stock price today?
One share of GARFIBRES stock can currently be purchased for approximately ₹3230.35.
3. How can I contact Garware Technical Fibres Limited?
Garware Technical Fibres Limited's mailing address is Plot No. 11, Block D1 M.I.D.C. Chinchwad Pune 411019 India. The company can be reached via phone at 91 20 2799 0000.
4. What is Garware Technical Fibres Limited's official website?
The official website of Garware Technical Fibres Limited is https://www.garwarefibres.com.