| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 5/6 |
| Past Performance | 4/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
509557 Stock Overview
Garware Technical Fibres Limited manufactures and sells various technical textile products worldwide.
Rewards
Risk Analysis
No risks detected for 509557 from our risk checks.
Garware Technical Fibres Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹3,323.50 |
| 52 Week High | ₹4,033.40 |
| 52 Week Low | ₹2,132.15 |
| Beta | 0.58 |
| 1 Month Change | 4.72% |
| 3 Month Change | -11.83% |
| 1 Year Change | 52.44% |
| 3 Year Change | 181.20% |
| 5 Year Change | 440.06% |
| Change since IPO | 19,450.00% |
Recent News & Updates
Shareholder Returns
| 509557 | IN Luxury | IN Market | |
|---|---|---|---|
| 7D | 5.3% | 3.3% | 2.2% |
| 1Y | 52.4% | 85.5% | 36.2% |
Return vs Industry: 509557 underperformed the Indian Luxury industry which returned 85.5% over the past year.
Return vs Market: 509557 exceeded the Indian Market which returned 36.2% over the past year.
Price Volatility
| 509557 volatility | |
|---|---|
| 509557 Average Weekly Movement | 4.7% |
| Luxury Industry Average Movement | 7.7% |
| Market Average Movement | 6.7% |
| 10% most volatile stocks in IN Market | 9.8% |
| 10% least volatile stocks in IN Market | 4.1% |
Stable Share Price: 509557 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 509557's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1976 | 1,185 | Shujaul Rehman | https://www.garwarefibres.com |
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.
Garware Technical Fibres Fundamentals Summary
| 509557 fundamental statistics | |
|---|---|
| Market Cap | ₹68.52b |
| Earnings (TTM) | ₹1.69b |
| Revenue (TTM) | ₹11.39b |
40.5x
P/E Ratio6.0x
P/S RatioIs 509557 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 509557 income statement (TTM) | |
|---|---|
| Revenue | ₹11.39b |
| Cost of Revenue | ₹3.62b |
| Gross Profit | ₹7.77b |
| Expenses | ₹6.08b |
| Earnings | ₹1.69b |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 82.06 |
| Gross Margin | 68.21% |
| Net Profit Margin | 14.86% |
| Debt/Equity Ratio | 17.8% |
How did 509557 perform over the long term?
See historical performance and comparisonDividends
0.08%
Current Dividend Yield3%
Payout RatioValuation
Is Garware Technical Fibres undervalued compared to its fair value and its price relative to the market?
40.5x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 509557 (₹3323.5) is trading above our estimate of fair value (₹1074.38)
Significantly Below Fair Value: 509557 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 509557 is poor value based on its PE Ratio (40.5x) compared to the Indian Luxury industry average (14.9x).
PE vs Market: 509557 is poor value based on its PE Ratio (40.5x) compared to the Indian market (23.5x).
Price to Earnings Growth Ratio
PEG Ratio: 509557 is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: 509557 is overvalued based on its PB Ratio (7.8x) compared to the IN Luxury industry average (1.6x).
Future Growth
How is Garware Technical Fibres forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
28.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 509557's forecast earnings growth (28.1% per year) is above the savings rate (6.7%).
Earnings vs Market: 509557's earnings (28.1% per year) are forecast to grow faster than the Indian market (20.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 509557's revenue (12.9% per year) is forecast to grow faster than the Indian market (12.7% per year).
High Growth Revenue: 509557's revenue (12.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 509557's Return on Equity is forecast to be high in 3 years time (24.5%)
Past Performance
How has Garware Technical Fibres performed over the past 5 years?
12.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 509557 has high quality earnings.
Growing Profit Margin: 509557's current net profit margins (14.9%) are higher than last year (13.9%).
Past Earnings Growth Analysis
Earnings Trend: 509557's earnings have grown by 12.7% per year over the past 5 years.
Accelerating Growth: 509557's earnings growth over the past year (33.6%) exceeds its 5-year average (12.7% per year).
Earnings vs Industry: 509557 earnings growth over the past year (33.6%) underperformed the Luxury industry 110.6%.
Return on Equity
High ROE: 509557's Return on Equity (19.2%) is considered low.
Financial Health
How is Garware Technical Fibres's financial position?
Financial Position Analysis
Short Term Liabilities: 509557's short term assets (₹7.9B) exceed its short term liabilities (₹4.6B).
Long Term Liabilities: 509557's short term assets (₹7.9B) exceed its long term liabilities (₹503.2M).
Debt to Equity History and Analysis
Debt Level: 509557 has more cash than its total debt.
Reducing Debt: 509557's debt to equity ratio has increased from 16.2% to 17.8% over the past 5 years.
Debt Coverage: 509557's debt is well covered by operating cash flow (69.3%).
Interest Coverage: 509557 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Garware Technical Fibres's current dividend yield, its reliability and sustainability?
0.075%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 509557's dividend (0.075%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.3%).
High Dividend: 509557's dividend (0.075%) is low compared to the top 25% of dividend payers in the Indian market (1.34%).
Stability and Growth of Payments
Stable Dividend: 509557 is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.
Growing Dividend: 509557 is not paying a notable dividend for the Indian market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: 509557 is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 509557's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.1yrs
Average management tenure
CEO
Shujaul Rehman (50 yo)
no data
Tenure
Mr. Shujaul Rehman is the Chief Executive Officer at Garware Technical Fibres Limited. Mr. Rehman served as General Manager of Sales of Ceat Ltd. and joined it in April 10, 2007.Mr. Rehman served as Branc...
Leadership Team
Experienced Management: 509557's management team is seasoned and experienced (5.1 years average tenure).
Board Members
Experienced Board: 509557's board of directors are considered experienced (7.4 years average tenure).
Ownership
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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Garware Technical Fibres Limited's employee growth, exchange listings and data sources
Key Information
- Name: Garware Technical Fibres Limited
- Ticker: 509557
- Exchange: BSE
- Founded: 1976
- Industry: Textiles
- Sector: Consumer Durables
- Implied Market Cap: ₹68.524b
- Shares outstanding: 20.62m
- Website: https://www.garwarefibres.com
Number of Employees
Location
- Garware Technical Fibres Limited
- Plot No. 11, Block D1
- M.I.D.C.
- Pune
- Maharashtra
- 411019
- India
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/16 12:01 |
| End of Day Share Price | 2022/01/14 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2021/03/31 |
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.