Garware Technical Fibres Limited - Company Profile

It is a manufacturing public limited company based in Pune, Maharashtra, India, established in 1976.

1976 Pune, Maharashtra, India Active

Last Updated: December 24, 2025

About Garware Technical Fibres Limited

Garware Technical Fibres Limited, a active public limited company, was established on 01 April 1976 in Pune, Maharashtra, India. Engaging in plastic-based products within the manufacturing sector, it holds CIN: L25209MH1976PLC018939. Registered under ROC Roc Pune. it is listed on BSE: 509557 and NSE: GARFIBRES. It has an authorized capital of ₹120.00 Cr and a paid-up capital of ₹99.27 Cr.

Formerly known as Garware-Wall Ropes Limited, Garware Wall Ropes Limited. It upholds a compliant status. In 2023, it reported revenue of ₹1,281.47 Cr and a net worth of ₹1,026.21 Cr. Employing 1,150 professional, Its leadership includes Shridhar Shrikrishna Rajpathak (Director), Ashish Dhurvendra Goel (Director), Anil Wagle Sadashiv (Director). Past directors included Shridhar Shrikrishna Rajpathak, Sanjay Bamne, Vinayak Bhaskar Lele. It holds ₹399.95 Cr open charges and ₹474.45 Cr settled loans. Its latest AGM occurred on 02 September 2025, with the balance sheet filed on 31 March 2025. It is based at Plot No 11 Block D-1Midc Chinchwad, Pune, Maharashtra, 411019.

Company Details

CIN/LLPIN
L25209MH1976PLC018939
Registration Number
018939
Incorporation Date
01 April 1976
Authorized Capital
₹120.00 Cr
Paid-Up Capital
₹99.27 Cr
ROC Code
Roc Pune
Listing Status
Listed (BSE: 509557, NSE: GARFIBRES)
Company Status
Active

Key Metrics

Authorised Capital ₹ 120.00 Cr as on 24-12-2025
Paid Up Capital ₹ 99.27 Cr as on 24-12-2025
Company Age 49 Year, 10 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 399.95 Cr as on 24-12-2025
Satisfied Charges ₹ 474.45 Cr as on 24-12-2025
Revenue Growth **** 6.65% (FY 2023)
Profit Growth **** -1.03% (FY 2023)
Ebitda **** -1.58% (FY 2023)
Net Worth 3.01% (FY 2023)
Total Assets **** 4.37% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Garware Technical Fibres Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Garware Technical Fibres Limited?

Current Directors

Name	Designation	Appointment Date	Status
Shridhar Shrikrishna Rajpathak	Director	24 May 2017	Current
Ashish Dhurvendra Goel	Director	28 May 2024	Current
Anil Wagle Sadashiv	Director	30 Jan 2024	Current
Shashank Gupta	Cfo	15 Aug 2023	Current
Sunil Agarwal	Nodal Officer	09 Sep 2019	Current
Vayu Ramesh Garware	Managing Director	01 Dec 1995	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director Appointed In Casual Vacancy	11 Nov 2021	Past
Pramod Abcsdd	Cfo	14 Aug 2018	Past
Pramod Abcsdd	Director	27 Oct 2012	Past
Pramod Abcsdd	Director	01 Sep 2015	Past
Pramod Abcsdd	Additional Director	28 Dec 2021	Past
Pramod Abcsdd	Cfo(Kmp)	-	Past

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Financial Performance of Garware Technical Fibres.

Garware Technical Fibres Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.65% increase. The company also saw a slight decrease in profitability, with a 1.03% decrease in profit. The company's net worth moved up by a moderate rise of 3.01%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

6.65%

*******

Revenue from Operations

*******

6.60%

*******

Total Assets

*******

4.37%

*******

Profit or Loss

*******

-1.03%

*******

Net Worth

*******

3.01%

*******

EBITDA

*******

-1.58%

*******

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What is the Ownership and Shareholding Structure of Garware Technical Fibres?

In 2023, Garware Technical Fibres had a promoter holding of 52.70% and a public holding of 47.30%. The company had 3 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹3,999,500,000.00

Satisfied Charges

₹4,744,500,000.00

Charges Breakdown by Lending Institutions

Others : 399.95 Cr

Latest Charge Details

Date	Lender	Amount	Status
27 Aug 2024	Others	₹399.95 Cr	Open
11 Jan 2012	The Hongkong And Shanghai Banking Corporation Limited	₹15.00 Cr	Satisfied
01 Nov 2011	Citibank N. A.	₹25.00 Cr	Satisfied
24 Oct 2011	Hdfc Bank Limited	₹25.00 Cr	Satisfied
13 Oct 2008	Idbi Bank Limited	₹12.13 Cr	Satisfied

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How Many Employees Work at Garware Technical Fibres?

Garware Technical Fibres has a workforce of 1150 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Garware Technical Fibres, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Garware Technical Fibres's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Garware Technical Fibres

Recent Activity within the Organization

Director Appointment

Progress on Kirti Dharmesh Mangwani was appointed as a Additional Director was appointed as a Additional Director on 25 Nov 2025 & has been associated with this company since 2 months 18 days . was documented.
25 Nov 2025
Annual General Meeting

The activity Garware Technical Fibres Limited last Annual general meeting of members was held on 02 Sep 2025 as per latest MCA records. was completed.
02 Sep 2025
Balance Sheet

The activity Garware Technical Fibres Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune. was completed.
31 Mar 2025
Charges

A charge registered on 26 Mar 1998 via Charge ID 90084810 with Bank Of India was fully satisfied on 24 Sep 2024. was recorded as a recent event.
24 Sep 2024
Charges

A charge with Others amounted to Rs. 399.95 Cr with Charge ID 100971901 was registered on 27 Aug 2024. was recorded as a recent event.
27 Aug 2024
Director Appointment

Progress on Ashish Dhurvendra Goel was appointed as a Director was appointed as a Director on 28 May 2024 & has been associated with this company since 1 year 8 months . was documented.
28 May 2024

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