509563 Stock Overview
Garware Marine Industries Limited provides ship repair services in India.
Garware Marine Industries Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹12.00|
|52 Week High||₹19.49|
|52 Week Low||₹5.90|
|1 Month Change||35.75%|
|3 Month Change||14.83%|
|1 Year Change||53.85%|
|3 Year Change||419.48%|
|5 Year Change||98.35%|
|Change since IPO||65.52%|
Recent News & Updates
|509563||IN Machinery||IN Market|
Return vs Industry: 509563 exceeded the Indian Machinery industry which returned 35.9% over the past year.
Return vs Market: 509563 exceeded the Indian Market which returned -1.9% over the past year.
|509563 Average Weekly Movement||8.2%|
|Machinery Industry Average Movement||5.9%|
|Market Average Movement||5.9%|
|10% most volatile stocks in IN Market||9.2%|
|10% least volatile stocks in IN Market||3.8%|
Stable Share Price: 509563 is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: 509563's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Indian stocks.
About the Company
Garware Marine Industries Limited provides ship repair services in India. The company’s services comprise pump overhauls, engine overhaul/repairs, hydraulic and gear box repair, and pipeline and other marine fabrication jobs. It also assists OEM engineers in day dockings, shaft removal and renewal, propeller hub overhaul, bow thruster, and stern thruster overhauls.
Garware Marine Industries Fundamentals Summary
|509563 fundamental statistics|
Is 509563 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|509563 income statement (TTM)|
|Cost of Revenue||₹0|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.025|
|Net Profit Margin||0.90%|
How did 509563 perform over the long term?See historical performance and comparison
Is 509563 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 0/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 509563?
Other financial metrics that can be useful for relative valuation.
|What is 509563's n/a Ratio?|
Price to Sales Ratio vs Peers
How does 509563's PS Ratio compare to its peers?
|509563 PS Ratio vs Peers|
|Company||PS||Estimated Growth||Market Cap|
537669 Laxmipati Engineering Works
505737 International Combustion (India)
522195 Frontier Springs
509563 Garware Marine Industries
Price-To-Sales vs Peers: 509563 is expensive based on its Price-To-Sales Ratio (4.4x) compared to the peer average (0.9x).
Price to Earnings Ratio vs Industry
How does 509563's PE Ratio compare vs other companies in the IN Machinery Industry?
Price-To-Sales vs Industry: 509563 is expensive based on its Price-To-Sales Ratio (4.4x) compared to the Indian Machinery industry average (1.5x)
Price to Sales Ratio vs Fair Ratio
What is 509563's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PS Ratio||4.4x|
|Fair PS Ratio||n/a|
Price-To-Sales vs Fair Ratio: Insufficient data to calculate 509563's Price-To-Sales Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of 509563 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 509563 (₹12) is trading above our estimate of fair value (₹0.33)
Significantly Below Fair Value: 509563 is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Garware Marine Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Garware Marine Industries has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
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- Examine Garware Marine Industries's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Garware Marine Industries competitive advantages and company strategy can generally be found in its financial reports archived here.
How has Garware Marine Industries performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 509563 has high quality earnings.
Growing Profit Margin: 509563's current net profit margins (0.9%) are lower than last year (10.9%).
Past Earnings Growth Analysis
Earnings Trend: 509563 has become profitable over the past 5 years, growing earnings by 47% per year.
Accelerating Growth: 509563's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 509563 had negative earnings growth (-90%) over the past year, making it difficult to compare to the Machinery industry average (22.9%).
Return on Equity
High ROE: 509563's Return on Equity (0.1%) is considered low.
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How is Garware Marine Industries's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 509563's short term assets (₹48.1M) exceed its short term liabilities (₹2.1M).
Long Term Liabilities: 509563's short term assets (₹48.1M) exceed its long term liabilities (₹841.0K).
Debt to Equity History and Analysis
Debt Level: 509563 is debt free.
Reducing Debt: 509563 has no debt compared to 5 years ago when its debt to equity ratio was 0.02%.
Debt Coverage: 509563 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 509563 has no debt, therefore coverage of interest payments is not a concern.
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What is Garware Marine Industries's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
|Garware Marine Industries Dividend Yield vs Market|
|Company (Garware Marine Industries)||0%|
|Market Bottom 25% (IN)||0.4%|
|Market Top 25% (IN)||1.6%|
|Industry Average (Machinery)||0.7%|
|Analyst forecast in 3 Years (Garware Marine Industries)||n/a|
Notable Dividend: Unable to evaluate 509563's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 509563's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 509563's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 509563's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: 509563 is not paying a notable dividend for the Indian market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as 509563 has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Shyamsunder Atre (78 yo)
Mr. Shyamsunder V. Atre, B.Sc. ENGG., D.M.M. has been an Executive Director of Garware Marine Industries Ltd. since October 31, 2016. Mr. Atre holds Diploma in Marketing Management from Jamnalal Bajaj Inst...
CEO Compensation Analysis
|Shyamsunder Atre's Compensation vs Garware Marine Industries Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Mar 31 2022||₹1m||₹1m|
|Dec 31 2021||n/a||n/a|
|Sep 30 2021||n/a||n/a|
|Jun 30 2021||n/a||n/a|
|Mar 31 2021||₹1m||₹1m|
|Dec 31 2020||n/a||n/a|
|Sep 30 2020||n/a||n/a|
|Jun 30 2020||n/a||n/a|
|Mar 31 2020||₹1m||₹1m|
|Dec 31 2019||n/a||n/a|
|Sep 30 2019||n/a||n/a|
|Jun 30 2019||n/a||n/a|
|Mar 31 2019||₹1m||₹1m|
|Dec 31 2018||n/a||n/a|
|Sep 30 2018||n/a||n/a|
|Jun 30 2018||n/a||n/a|
|Mar 31 2018||₹1m||₹1m|
|Dec 31 2017||n/a||n/a|
|Sep 30 2017||n/a||n/a|
|Jun 30 2017||n/a||n/a|
|Mar 31 2017||₹865k||₹865k|
|Dec 31 2016||n/a||n/a|
|Sep 30 2016||n/a||n/a|
|Jun 30 2016||n/a||n/a|
|Mar 31 2016||₹1m||₹1m|
Compensation vs Market: Shyamsunder's total compensation ($USD18.03K) is below average for companies of similar size in the Indian market ($USD40.41K).
Compensation vs Earnings: Shyamsunder's compensation has been consistent with company performance over the past year.
Experienced Management: 509563's management team is seasoned and experienced (5.5 years average tenure).
Experienced Board: 509563's board of directors are considered experienced (7.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
|Owner Type||Number of Shares||Ownership Percentage|
|State or Government||497,722||8.6%|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Garware Marine Industries Limited's employee growth, exchange listings and data sources
- Name: Garware Marine Industries Limited
- Ticker: 509563
- Exchange: BSE
- Founded: 1975
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Implied Market Cap: ₹69.194m
- Shares outstanding: 5.77m
- Website: https://www.garwaremarine.com
Number of Employees
- Garware Marine Industries Limited
- 101, Swapnabhoomi
- 'A' Wing
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|509563||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||May 2005|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/29 00:00|
|End of Day Share Price||2022/09/29 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.