GARFIBRES Stock Overview
Garware Technical Fibres Limited manufactures and sells various technical textile products worldwide.
No risks detected for GARFIBRES from our risk checks.
Garware Technical Fibres Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹3,453.80|
|52 Week High||₹4,030.00|
|52 Week Low||₹2,025.00|
|1 Month Change||2.62%|
|3 Month Change||10.26%|
|1 Year Change||61.45%|
|3 Year Change||210.22%|
|5 Year Change||449.27%|
|Change since IPO||4,195.77%|
Recent News & Updates
Garware Technical Fibres (NSE:GARFIBRES) Is Aiming To Keep Up Its Impressive Returns
If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
Garware Technical Fibres (NSE:GARFIBRES) Could Easily Take On More Debt
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Is Now The Time To Put Garware Technical Fibres (NSE:GARFIBRES) On Your Watchlist?
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
|GARFIBRES||IN Luxury||IN Market|
Return vs Industry: GARFIBRES underperformed the Indian Luxury industry which returned 95% over the past year.
Return vs Market: GARFIBRES exceeded the Indian Market which returned 48% over the past year.
|GARFIBRES Average Weekly Movement||4.7%|
|Luxury Industry Average Movement||6.8%|
|Market Average Movement||6.0%|
|10% most volatile stocks in IN Market||9.0%|
|10% least volatile stocks in IN Market||3.8%|
Stable Share Price: GARFIBRES is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: GARFIBRES's weekly volatility (5%) has been stable over the past year.
About the Company
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
|GARFIBRES fundamental statistics|
Is GARFIBRES overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GARFIBRES income statement (TTM)|
|Cost of Revenue||₹3.62b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||82.06|
|Net Profit Margin||14.86%|
How did GARFIBRES perform over the long term?See historical performance and comparison
0.07%Current Dividend Yield
Is Garware Technical Fibres undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GARFIBRES (₹3453.8) is trading above our estimate of fair value (₹1055.4)
Significantly Below Fair Value: GARFIBRES is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GARFIBRES is poor value based on its PE Ratio (42x) compared to the Indian Luxury industry average (12.4x).
PE vs Market: GARFIBRES is poor value based on its PE Ratio (42x) compared to the Indian market (19.1x).
Price to Earnings Growth Ratio
PEG Ratio: GARFIBRES is poor value based on its PEG Ratio (1.6x)
Price to Book Ratio
PB vs Industry: GARFIBRES is overvalued based on its PB Ratio (8.1x) compared to the IN Luxury industry average (1.2x).
How is Garware Technical Fibres forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GARFIBRES's forecast earnings growth (25.9% per year) is above the savings rate (6.7%).
Earnings vs Market: GARFIBRES's earnings (25.9% per year) are forecast to grow faster than the Indian market (20% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: GARFIBRES's revenue (13.4% per year) is forecast to grow faster than the Indian market (12.7% per year).
High Growth Revenue: GARFIBRES's revenue (13.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GARFIBRES's Return on Equity is forecast to be high in 3 years time (23.7%)
How has Garware Technical Fibres performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GARFIBRES has high quality earnings.
Growing Profit Margin: GARFIBRES's current net profit margins (14.9%) are higher than last year (13.9%).
Past Earnings Growth Analysis
Earnings Trend: GARFIBRES's earnings have grown by 12.7% per year over the past 5 years.
Accelerating Growth: GARFIBRES's earnings growth over the past year (33.6%) exceeds its 5-year average (12.7% per year).
Earnings vs Industry: GARFIBRES earnings growth over the past year (33.6%) underperformed the Luxury industry 110.1%.
Return on Equity
High ROE: GARFIBRES's Return on Equity (19.2%) is considered low.
How is Garware Technical Fibres's financial position?
Financial Position Analysis
Short Term Liabilities: GARFIBRES's short term assets (₹7.9B) exceed its short term liabilities (₹4.6B).
Long Term Liabilities: GARFIBRES's short term assets (₹7.9B) exceed its long term liabilities (₹503.2M).
Debt to Equity History and Analysis
Debt Level: GARFIBRES has more cash than its total debt.
Reducing Debt: GARFIBRES's debt to equity ratio has increased from 16.2% to 17.8% over the past 5 years.
Debt Coverage: GARFIBRES's debt is well covered by operating cash flow (69.3%).
Interest Coverage: GARFIBRES earns more interest than it pays, so coverage of interest payments is not a concern.
What is Garware Technical Fibres's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GARFIBRES's dividend (0.072%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.35%).
High Dividend: GARFIBRES's dividend (0.072%) is low compared to the top 25% of dividend payers in the Indian market (1.46%).
Stability and Growth of Payments
Stable Dividend: GARFIBRES is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.
Growing Dividend: GARFIBRES 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: GARFIBRES is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GARFIBRES's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Shujaul Rehman (50 yo)
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...
Experienced Management: GARFIBRES's management team is considered experienced (3.3 years average tenure).
Experienced Board: GARFIBRES's board of directors are considered experienced (7.2 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Garware Technical Fibres Limited's employee growth, exchange listings and data sources
- Name: Garware Technical Fibres Limited
- Ticker: GARFIBRES
- Exchange: NSEI
- Founded: 1976
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: ₹71.136b
- Shares outstanding: 20.62m
- Website: https://www.garwarefibres.com
Number of Employees
- Garware Technical Fibres Limited
- Plot No. 11, Block D1
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/25 16:00|
|End of Day Share Price||2021/11/25 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.