G

Garware Technical Fibres Limited

GARFIBRESNSE
Market snapshot · 2026-08-10 20:52 UTC

799.35

₹-12.50 (-1.54%)

MARKET CAP

₹7.81K Cr

STOCK P/E

37.7x

52W HIGH

₹870.45

52W LOW

₹579.75

BOOK VALUE

₹136.49

EPS

₹21.19

ROE

SECTOR

Consumer Discretionary

DEBT/EQUITY

3.16

VOLUME

30,295

P/B RATIO

5.86x

PEG RATIO

1.15

Sector

Consumer Discretionary

Themes

Textiles
D
Dividend
E
Earnings
₹811.85₹757.00₹702.15₹647.30₹592.45VolumeDEDEEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Garware Technical Fibres is a technical textile manufacturer serving India and international markets. Synthetic Cordage and Fibre supplies aquaculture cages, ropes, and fishing nets, while Industrial Products and Projects provides agricultural, coated, fencing, and industrial nets. Recent acquisitions lifted reported profit 21.6% to ₹64.6 crore, potentially improving scale, though revenue declined 0.7% year-on-year. Profit growth fell 14.2% overall, alongside declining margins, indicating weaker earnings quality despite acquisition support. ROE is unavailable, while debt/equity of 3.16 means leverage can magnify returns but increases financial risk. At 38.3 times earnings, the stock appears rich versus its negative profit growth and declining margins. The key open question is whether acquisitions can restore organic growth without adding further balance-sheet pressure.

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for GARFIBRES.

3.00 analysts

Price Forecast

Current
₹799.35
High Target
₹896.00
▲ +12.1%
Median Target
₹880.00
▲ +10.1%
Low Target
₹719.00
▼ -10.1%
Now₹799.35High ₹896.00Median ₹880.00Low ₹719.00Aug '25Now12M Target
Price history (1Y)
Analyst target range
3 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹624.18 - ₹997.6780%
6M₹559.16 - ₹1,08580%
12M₹475.02 - ₹1,21480%
Realized vol: +36.6% · Drift: +1.5%

Revenue Forecast

₹ Cr
Jun '26Current₹401.0
Sep 2026 ETrend estimate range
High₹402.4Base₹372.6Low₹342.8
Sep '25: ₹360.0 · Dec '25: ₹340.0 · Mar '26: ₹371.0 · Jun '26: ₹401.0 · Sep '26: ₹372.6 · Dec '26: ₹351.9
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E360.0340.0371.0401.0372.6351.9
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹4.94
Sep 2026 ETrend estimate range
High₹5.75Base₹5.14Low₹4.52
Sep '25: ₹4.77 · Dec '25: ₹5.44 · Mar '26: ₹5.52 · Jun '26: ₹4.94 · Sep '26: ₹5.14 · Dec '26: ₹5.86
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E4.775.445.524.945.145.86
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Mixed
51%
Analyst Consensus
Positive

From 3 analysts

Mean upside+4.0%

Fundamentals

Moderate

Fundamentals institutional score is 46 using growth durability 46.5.

Valuation

Fairly valued

Valuation institutional score is 54 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Neutral

Analyst View institutional score is 67 using mean target upside 4.0%; dispersion penalty 8.5; recommendation breadth from available consensus.

Technical Structure

Weak Structure

Technicals institutional score is 37 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Neutral backdrop

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 8 recent ticker-linked news items.

Signal Summary

Market intelligence remains Mixed. analyst consensus provide support, while fundamentals and valuation remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals ModerateValuation Fairly valuedAnalyst Consensus NeutralTechnical Structure Weak StructureMarket Sentiment Neutral backdrop

Key Data Points

Mean Target Price831.7 target
Mean Upside+4.0%
Technical Score37%
Fundamental Score47%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 11.2% above historical median. Valuation is declining — currently in the overvalued zone (z-score: +0.87). Confidence: 88%.

Live forward EPS implies next-12-month EPS of ₹29.50. Applying the stock's normalized valuation corridor produces a fair range of ₹913.62 to ₹1,113.03, with base value near ₹1,016.28 (+27.1% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹29.50

Forward P/E

27.1x

Base Fair Value

₹1,016.28

Fair Range

₹913.62 - ₹1,113.03

Upside To Base

+27.1%

Estimate Source

Live forward EPS

Growth Estimate

+22.6%

P/E
Overvalued

5Y Average

32.74

Current

38.31

Overvalued

37.73

Undervalued

30.97

EV/EBITDA
Overvalued

5Y Average

21.28

Current

24.52

Overvalued

23.21

Undervalued

19.18

P/B
Fair

5Y Average

5.62

Current

5.86

Overvalued

6.46

Undervalued

4.78

Peers & Comparison

Sector: Consumer Discretionary · Theme: Textiles

Textiles Peers3 peers
Avg P/E: 50.9x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
-24.9%
-25.4%
ARVIND FASHIONS LIMITED
ARVINDFASNTextiles
+15.5%2.2%
50.9x
Fair
0% vs avg
-11.7%
ALOK INDUSTRIES LIMITED
ALOKINDSTextiles
+6.5%-18.8%
-33.6%
WHY THESE PEERS

GARWARE TECH FIBRES LTD trades at a discount (37.7x vs peer avg 50.9x), suggesting potential undervaluation relative to the Textiles cohort. Peers include ADITYA BIRLA REAL EST LTD, ARVIND FASHIONS LIMITED, ALOK INDUSTRIES LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹401 CrJun 2026

Latest net profit

₹49 CrJun 2026

Latest EPS

₹4.94Jun 2026

Net margin

17.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%7.0%14.0%21.0%28.0%0.00 Cr150 Cr300 Cr450 Cr600 Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr150 Cr300 Cr450 Cr600 Cr₹0₹2₹4₹6₹8
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr150 Cr300 Cr450 Cr600 Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260.00 Cr450 Cr900 Cr1.35K Cr1.80K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +320321268371356405353375348360340371401
Expenses +261258223280282316295300279298272280334
Operating Profit59634591748958756962689168
OPM %18%20%17%25%21%22%16%20%20%17%20%25%17%
Other Income +91011121099912917-78
Interest4435664333322
Depreciation6677777778888
Profit before tax58624791728555737260747466
Tax %23%24%23%24%21%25%23%30%23%21%27%26%25%
Net Profit +44483670566442515547545549
EPS in Rs4.364.663.516.845.686.454.275.175.564.775.445.524.94
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +53.00%53.00%53.36%53.36%54.25%
FIIs +9.89%10.05%9.07%9.12%8.67%
DIIs +10.97%10.98%10.44%10.29%10.11%
Public +26.15%25.97%27.14%27.24%26.98%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +

Events Timeline

Intimation Of Cut-Off Date For E-Voting

Aug 06, 2026PDFCompany Reports Open

Intimation Of 49Th Annual General Meeting Of The Company

Aug 06, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Newspaper Publication

Aug 06, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Press Release / Media Release

Aug 05, 2026PDFCompany Reports Open

Outcome Of Board Meeting Held On 05Th August, 2026 Including The Unaudited Standalone & Consolidated Financial Results For The Quarter Ended 30Th June, 2026

Aug 05, 2026PDFCompany Reports Open