Garware Technical Fibres Limited Share Price and Company Fundamentals
Last traded: Yesterday at 9:59 AM
Garware Technical Fibres Limited manufactures and sells various technical textile products worldwide. It offers fishing nets, ropes, and twines for the deep-sea fishing industry; aquaculture cages and predator systems; synthetic ropes for various applications from power transmission to marine hawsers for shipping, mooring, and towing applications; and yarn and thread solutions under the Garlon brand. The company also provides sports products, including soccer, soccer ball carry, tennis, handball, volleyball, SKI, swimming pool, hockey, ice hockey, basketball, golf, badminton, and cricket nets, as well as baseball batting cage, rapelling, slithering, and fitness rope/battle ropes under Sportiva brand name; coated fabric products, such as truck tarpaulins, awnings, tents, hangar covers, inflatable bouncies, bio gas covers, trailer curtains, oil booms, and others; and agricultural products comprising agriculture shade nets, sericulture nets, insect nets, fencing nets, floriculture nets, crop support nets, grape nets, anti-bird nets, and staking cords. In addition, it offers geo-synthetics products in the field of civil engineering and infrastructure development. 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
38.48
PB ratio
6.53
Dividend yield
0.23%
Beta
0.55
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Textile Manufacturing / Consumer Cyclical |
|---|---|
| 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 0301 / |
Dividends
Dividend yield
0.23%
Dividend amount
₹7.00
Payout ratio
3.13%
Garware Technical Fibres Limited paid ₹7.00 dividend and the ex-dividend date was 08 Sept 2021.The dividend payout ratio is 3.13%. 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 ₹2.5 and the forward dividend yield is 0.08%. 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 Jul 2022, following are the company executives and directors listed on Garware Technical Fibres Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Vayu Ramesh Garware | Exec. Chairman & MD | 49 | |
| Mr. Shujaul Rehman | Chief Exec. Officer | 50 | |
| Mr. Mukesh Surana | Chief Financial Officer | 41 | |
| Mr. Vivek Kulkarni BE | Pres of Operations | 56 | |
| Mr. Sunil Agarwal | Head of Legal, Company Sec. & Compliance Officer | ||
| Mr. Ravendrakumar Ramprashad Mishra | BR Head & Head of Human Capital | ||
| Mr. Thirumalai Kulkarni | Pres of Geo-Synthetics Division | 50 |
Profitability and management effectiveness
Profit margin
13.85%
Operating margin
16.94%
Return on assets
9.21%
Return on equity
18.50%
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 0.55 making it 45% 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 ₹3152.75.
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 0301.
4. What is Garware Technical Fibres Limited's official website?
The official website of Garware Technical Fibres Limited is https://www.garwarefibres.com.