About Garware Technical Fibres Limited
Data last updated: 15 July 2026
Garware Technical Fibres Limited is a public limited company based in Pune, Maharashtra, India. It specialises in plastic-based products, a part of the broader manufacturing sector. Incorporated on 01 April 1976, the company has been in operation for over 50 years.
Registered with ROC Pune under CIN L25209MH1976PLC018939. Listed on BSE: 509557 and NSE: GARFIBRES.
Capital: an authorised share capital of ₹120 Cr and a paid-up capital of ₹99.27 Cr. Formerly known as Garware-Wall Ropes Limited and Garware Wall Ropes Limited. It is led by directors including Shridhar Shrikrishna Rajpathak and Ashish Dhurvendra Goel.
Last AGM: 02 September 2025. Financial statements filed for year ended 31 March 2025. Office: Plot No 11 Block D – 1Midc Chinchwad, Pune, Maharashtra, India – 411019.
As per NSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹1,528.79 Cr, a decline of 0.74% compared to the previous year. The net worth stands at ₹1,354.42 Cr (up 9.09% YoY). Total assets are valued at ₹1,878.75 Cr (up 6.95% YoY).
The company has a workforce of approximately 1,150 employees as per the latest available data. Its group structure includes 3 subsidiaries.
The company is associated with 1 brand - Garware Technical Fibres. As per MCA filings, the company has open charges of ₹399.95 Cr and satisfied charges of ₹474.45 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website garwarefibres.com.
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EmailLocked
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TelephoneLocked
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Website
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Social Media
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Registered AddressPlot No 11 Block D – 1Midc Chinchwad, Pune, Maharashtra, India – 411019
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IndustryManufacturing, Plastic-Based Products
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Garware Technical Fibres Limited
Garware Technical Fibres Limited has undergone 2 name changes throughout its history. The company was previously known as Garware-Wall Ropes Limited, and Garware Wall Ropes Limited. The current legal name is Garware Technical Fibres Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Garware Technical Fibres Limited | Current |
| Garware-Wall Ropes Limited | Previous |
| Garware Wall Ropes Limited | Previous |
CIN History of Garware Technical Fibres Limited
Garware Technical Fibres Limited has one previous CIN (Corporate Identification Number): U25209MH1976PLC018939. The current CIN is L25209MH1976PLC018939, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L25209MH1976PLC018939 | Current |
| U25209MH1976PLC018939 | Previous |
Associated Brands with Garware Technical Fibres Limited
Garware Technical Fibres Limited operates one associated brand: Garware Technical Fibres. These brands represent Garware Technical Fibres Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Technical textiles for diverse industries are developed and supplied. | garwarefibres.com |
Competitors & Alternatives of Garware Technical Fibres Limited
Brands and companies operating in the same space as Garware Technical Fibres Limited include Nanoleq, Loomia, Myant and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
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Smart textiles are provided for remote health monitoring. | Zurich, Switzerland, Switzerland | 2017 |
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Circuit technology for e-textiles integration is provided. | New York, United States, United States | 2004 |
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AI-optimized health solutions are developed using textile computing. | Mississauga, Canada, Canada | 2010 |
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Sports performance analytics are enabled via smart wearables and sensors. | Brooklyn, United States, United States | 2018 |
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Embedded RFID thread technology is developed for textile traceability solutions. | Grenoble, France, France | 2013 |
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Creative lifestyle apparel with integrated technology is designed and produced. | Redmond, United States, United States | 2015 |
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Provider of smart garments for physiological monitoring | Monza, Italy, Italy | 2010 |
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Cloud-based AI bot for knowledge management and onboarding is provided. | Hamilton, Canada, Canada | 2015 |
Business Activity of Garware Technical Fibres Limited
Garware Technical Fibres Limited is engaged in principal business activities including manufacturing and trade, with detailed activities including textile, leather and other apparel products, wholesale trading. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details for Garware Technical Fibres Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Garware Technical Fibres Limited
Garware Technical Fibres Limited is audited by Mehta Chokshi & Shah LLP (ICAI peer reviewed, certificate valid till 2027-03-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| Mehta Chokshi & Shah LLP (ICAI peer reviewed, certificate valid till 2027-03-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Garware Technical Fibres Limited
Garware Technical Fibres Limited is currently managed by 6 directors, with 23 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shridhar Shrikrishna Rajpathak | Director | 24 May 2017 | 9 Years 2 Months | Current |
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Ashish Dhurvendra Goel
Also directs:
Maritime And Commerce Agency India Llp, Unlockedstudio Llp, Ameya Logistics Private Limited and 4 more
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Director | 28 May 2024 | 2 Years 2 Months | Current |
| Anil Wagle Sadashiv | Director | 30 Jan 2024 | 2 Years 6 Months | Current |
| Vayu Ramesh Garware | Managing Director | 01 Dec 1995 | 30 Years 8 Months | Current |
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Kirti Dharmesh Mangwani
Also directs:
Mangwani Fiduciary Services Llp, Eazi Art (Opc) Private Limited
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Additional Director | 25 Nov 2025 | 0 Years 8 Months | Current |
| Mayuri Vayu Garware | Director | 16 Aug 2014 | 12 Years 0 Months | Current |
Financials of Garware Technical Fibres Limited FY 2026 filings available
Garware Technical Fibres Limited reported revenue of ₹1,528.79 Cr (down 0.74% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹1,528.79 Cr | ₹1,540.11 Cr | ₹1,325.61 Cr | ₹1,305.55 Cr | ₹1,189.4 Cr | ₹1,034.57 Cr | ₹953.09 Cr |
| Other Income | ₹47.69 Cr | ₹38.07 Cr | ₹43.19 Cr | ₹27.9 Cr | ₹25.54 Cr | ₹34.67 Cr | ₹32.19 Cr |
| Total Income | ₹1,576.48 Cr | ₹1,578.18 Cr | ₹1,368.8 Cr | ₹1,333.45 Cr | ₹1,214.94 Cr | ₹1,069.24 Cr | ₹985.27 Cr |
| Cost of Materials Consumed | ₹410.2 Cr | ₹394.5 Cr | ₹369.75 Cr | ₹364.2 Cr | ₹347.82 Cr | ₹253.96 Cr | ₹262.57 Cr |
| Purchases of Stock-in-Trade | ₹88.17 Cr | ₹55.02 Cr | ₹33.24 Cr | ₹40.65 Cr | ₹31.48 Cr | ₹30.52 Cr | ₹35.14 Cr |
| Changes in Inventories | -₹44.45 Cr | -₹15.72 Cr | -₹37.3 Cr | ₹14.41 Cr | -₹29.83 Cr | ₹11.62 Cr | -₹18.34 Cr |
| Employee Benefit Expense | ₹236.76 Cr | ₹214.45 Cr | ₹193.61 Cr | ₹166.86 Cr | ₹149.82 Cr | ₹152.74 Cr | ₹136.36 Cr |
| Finance Costs | ₹13.56 Cr | ₹20.03 Cr | ₹17.21 Cr | ₹11.95 Cr | ₹10.57 Cr | ₹10.32 Cr | ₹11.57 Cr |
| Depreciation & Amortisation | ₹34.45 Cr | ₹28.34 Cr | ₹25.88 Cr | ₹22.31 Cr | ₹21.46 Cr | ₹20.65 Cr | ₹19.26 Cr |
| Other Expenses | ₹554.5 Cr | ₹573.11 Cr | ₹494.7 Cr | ₹489.9 Cr | ₹467.21 Cr | ₹381.38 Cr | ₹359.85 Cr |
| Total Expenses | ₹1,293.18 Cr | ₹1,269.72 Cr | ₹1,097.09 Cr | ₹1,110.28 Cr | ₹998.53 Cr | ₹861.17 Cr | ₹806.41 Cr |
| Profit Before Exceptional Items & Tax | ₹283.29 Cr | ₹308.46 Cr | ₹271.71 Cr | ₹223.18 Cr | ₹216.41 Cr | ₹208.07 Cr | ₹178.86 Cr |
| Exceptional Items | -₹13.9 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹269.39 Cr | ₹308.46 Cr | ₹271.71 Cr | ₹223.18 Cr | ₹216.41 Cr | ₹208.07 Cr | ₹178.86 Cr |
| Total Tax Expense | ₹70.97 Cr | ₹76.91 Cr | ₹63.53 Cr | ₹50.98 Cr | ₹51.63 Cr | ₹49.67 Cr | ₹38.33 Cr |
| Net Profit | ₹198.67 Cr | ₹231.54 Cr | ₹208.19 Cr | ₹172.2 Cr | ₹164.78 Cr | ₹158.4 Cr | ₹140.53 Cr |
| attributable to Owners | ₹198.67 Cr | ₹231.55 Cr | ₹208.18 Cr | ₹172.2 Cr | ₹164.78 Cr | ₹158.4 Cr | ₹140.53 Cr |
| attributable to NCI | ₹0 | -₹66,000 | ₹83,000 | ₹0 | ₹3,000 | -₹10,000 | -₹10,000 |
| Other Comprehensive Income | ₹8.49 Cr | ₹28.41 Cr | ₹15.63 Cr | -₹2.66 Cr | -₹69.16 Lakh | ₹7.38 Cr | -₹5.91 Cr |
| Total Comprehensive Income | ₹207.16 Cr | ₹259.95 Cr | ₹223.82 Cr | ₹169.54 Cr | ₹164.09 Cr | ₹165.78 Cr | ₹134.62 Cr |
| EBITDA (computed) | ₹331.3 Cr | ₹356.83 Cr | ₹314.81 Cr | ₹257.44 Cr | ₹248.45 Cr | ₹239.03 Cr | ₹209.7 Cr |
| Basic EPS | ₹20.01 | ₹23.32 | ₹102.16 | ₹83.54 | ₹79.92 | ₹74.64 | ₹64.22 |
| Diluted EPS | ₹20.01 | ₹23.32 | ₹102.16 | ₹83.54 | ₹79.92 | ₹74.64 | ₹64.22 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹1,878.75 Cr | ₹1,756.62 Cr | ₹1,771 Cr | ₹1,493.17 Cr |
| Non-current Assets | ₹687.09 Cr | ₹910.24 Cr | ₹844.47 Cr | ₹883.37 Cr |
| Current Assets | ₹1,191.65 Cr | ₹846.37 Cr | ₹926.53 Cr | ₹609.8 Cr |
| Property, Plant & Equipment | ₹344.82 Cr | ₹273.62 Cr | ₹257.96 Cr | ₹241.64 Cr |
| Inventories | ₹398.6 Cr | ₹269.62 Cr | ₹256.74 Cr | ₹214.37 Cr |
| Trade Receivables | ₹276.68 Cr | ₹316.86 Cr | ₹262.37 Cr | ₹234.04 Cr |
| Cash & Equivalents | ₹98.66 Cr | ₹10.7 Cr | ₹149.24 Cr | ₹41.62 Cr |
| Equity (Net Worth) | ₹1,354.42 Cr | ₹1,241.57 Cr | ₹1,233.86 Cr | ₹1,016.4 Cr |
| Equity Share Capital | ₹99.27 Cr | ₹99.27 Cr | ₹20.38 Cr | ₹20.38 Cr |
| Borrowings (Non-current) | ₹19.13 Cr | ₹0 | ₹0 | ₹0 |
| Borrowings (Current) | ₹21.17 Cr | ₹61.42 Cr | ₹118.81 Cr | ₹132.86 Cr |
| Total Debt (computed) | ₹40.3 Cr | ₹61.42 Cr | ₹118.81 Cr | ₹132.86 Cr |
| Current Liabilities | ₹435.28 Cr | ₹451.24 Cr | ₹483.09 Cr | ₹430.87 Cr |
| Total Liabilities | ₹524.32 Cr | ₹515.05 Cr | ₹537.14 Cr | ₹476.77 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹162.07 Cr | ₹195.1 Cr | ₹218.8 Cr | ₹189.38 Cr | ₹63.85 Cr |
| Investing Cash Flow | ₹63.66 Cr | -₹2.78 Cr | -₹72.66 Cr | -₹101.72 Cr | ₹7.86 Cr |
| Financing Cash Flow | -₹152.25 Cr | -₹330.85 Cr | -₹38.52 Cr | -₹85.11 Cr | -₹37.97 Cr |
| Capital Expenditure | ₹56.38 Cr | ₹43.29 Cr | ₹38.26 Cr | ₹28.58 Cr | ₹14.14 Cr |
| Free Cash Flow (computed) | ₹105.69 Cr | ₹151.81 Cr | ₹180.54 Cr | ₹160.81 Cr | ₹49.7 Cr |
| Dividends Paid | ₹93.82 Cr | ₹5.96 Cr | ₹7.13 Cr | ₹14.43 Cr | ₹5.16 Cr |
| Net Change in Cash | ₹77.6 Cr | -₹138.54 Cr | ₹107.62 Cr | ₹2.56 Cr | ₹33.74 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹426.41 Cr | ₹387.25 Cr | ₹347.9 Cr | ₹367.23 Cr | ₹432.55 Cr | ₹350.72 Cr | ₹420.59 Cr | ₹336.25 Cr | ₹382.27 Cr | ₹289.37 Cr | ₹328.3 Cr | ₹325.67 Cr |
| Other Income | ₹7.81 Cr | ₹17.7 Cr | ₹9.34 Cr | ₹12.84 Cr | ₹8.96 Cr | ₹8.88 Cr | ₹9.68 Cr | ₹10.55 Cr | ₹12.53 Cr | ₹11.22 Cr | ₹10.08 Cr | ₹9.35 Cr |
| Total Income | ₹434.22 Cr | ₹404.95 Cr | ₹357.24 Cr | ₹380.07 Cr | ₹441.51 Cr | ₹359.6 Cr | ₹430.27 Cr | ₹346.81 Cr | ₹394.81 Cr | ₹300.59 Cr | ₹338.38 Cr | ₹335.02 Cr |
| Cost of Materials Consumed | ₹103.4 Cr | ₹98.72 Cr | ₹97.96 Cr | ₹110.56 Cr | ₹85.47 Cr | ₹96.94 Cr | ₹105.24 Cr | ₹106.84 Cr | ₹86.75 Cr | ₹84.88 Cr | ₹92.61 Cr | ₹105.51 Cr |
| Purchases of Stock-in-Trade | ₹9.15 Cr | ₹19.8 Cr | ₹30.79 Cr | ₹28.43 Cr | ₹13.77 Cr | ₹15.2 Cr | ₹14.64 Cr | ₹11.41 Cr | ₹4.95 Cr | ₹9.1 Cr | ₹7.25 Cr | ₹11.94 Cr |
| Changes in Inventories | ₹16.52 Cr | -₹4.37 Cr | -₹22.06 Cr | -₹34.56 Cr | ₹28.97 Cr | -₹10.89 Cr | -₹5.42 Cr | -₹28.38 Cr | ₹9.11 Cr | -₹11.38 Cr | -₹7.01 Cr | -₹28.02 Cr |
| Employee Benefit Expense | ₹57.41 Cr | ₹58.46 Cr | ₹62.98 Cr | ₹57.91 Cr | ₹52.48 Cr | ₹54.24 Cr | ₹54.26 Cr | ₹53.47 Cr | ₹48.63 Cr | ₹47.21 Cr | ₹48.78 Cr | ₹49 Cr |
| Finance Costs | ₹3.12 Cr | ₹3.79 Cr | ₹3.49 Cr | ₹3.16 Cr | ₹3.11 Cr | ₹4.32 Cr | ₹6.42 Cr | ₹6.17 Cr | ₹5.65 Cr | ₹2.95 Cr | ₹4.22 Cr | ₹4.38 Cr |
| Depreciation & Amortisation | ₹9.09 Cr | ₹9.33 Cr | ₹8.62 Cr | ₹7.41 Cr | ₹7.32 Cr | ₹7.27 Cr | ₹7.04 Cr | ₹6.7 Cr | ₹6.75 Cr | ₹6.74 Cr | ₹6.29 Cr | ₹6.09 Cr |
| Other Expenses | ₹143.69 Cr | ₹143.81 Cr | ₹129.8 Cr | ₹136.75 Cr | ₹153.59 Cr | ₹130.58 Cr | ₹160.41 Cr | ₹128.52 Cr | ₹141.49 Cr | ₹106.08 Cr | ₹118.12 Cr | ₹129.02 Cr |
| Total Expenses | ₹342.38 Cr | ₹329.54 Cr | ₹311.58 Cr | ₹309.67 Cr | ₹344.72 Cr | ₹297.66 Cr | ₹342.6 Cr | ₹284.73 Cr | ₹303.33 Cr | ₹245.58 Cr | ₹270.26 Cr | ₹277.92 Cr |
| Profit Before Exceptional Items & Tax | ₹91.84 Cr | ₹75.4 Cr | ₹45.65 Cr | ₹70.39 Cr | ₹96.78 Cr | ₹61.93 Cr | ₹87.67 Cr | ₹62.07 Cr | ₹91.48 Cr | ₹55.01 Cr | ₹68.13 Cr | ₹57.1 Cr |
| Exceptional Items | -₹13.9 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹77.94 Cr | ₹75.4 Cr | ₹45.65 Cr | ₹70.39 Cr | ₹96.78 Cr | ₹61.93 Cr | ₹87.67 Cr | ₹62.07 Cr | ₹91.48 Cr | ₹55.01 Cr | ₹68.13 Cr | ₹57.1 Cr |
| Total Tax Expense | ₹20.81 Cr | ₹19.18 Cr | ₹13.67 Cr | ₹17.3 Cr | ₹25.73 Cr | ₹14.16 Cr | ₹21.71 Cr | ₹15.31 Cr | ₹22 Cr | ₹11.75 Cr | ₹15.65 Cr | ₹14.13 Cr |
| Net Profit | ₹57.26 Cr | ₹56.34 Cr | ₹31.93 Cr | ₹53.14 Cr | ₹71.08 Cr | ₹47.79 Cr | ₹65.9 Cr | ₹46.78 Cr | ₹69.56 Cr | ₹43.27 Cr | ₹52.39 Cr | ₹42.96 Cr |
| attributable to Owners | ₹57.25 Cr | ₹56.22 Cr | ₹11.62 Cr | ₹53.09 Cr | ₹71.06 Cr | ₹47.77 Cr | ₹65.96 Cr | ₹46.76 Cr | ₹69.48 Cr | ₹43.26 Cr | ₹52.48 Cr | ₹42.96 Cr |
| attributable to NCI | ₹0 | ₹12.63 Lakh | -₹5.36 Lakh | ₹5.37 Lakh | ₹2.43 Lakh | ₹1.86 Lakh | -₹6.54 Lakh | ₹1.58 Lakh | ₹8.54 Lakh | ₹1.05 Lakh | -₹8.66 Lakh | -₹10,000 |
| Other Comprehensive Income | ₹14 Cr | ₹2.66 Cr | -₹20.36 Cr | ₹3.07 Cr | -₹12.24 Cr | ₹10.7 Cr | ₹21.64 Cr | ₹8.32 Cr | ₹2.86 Cr | -₹96.02 Lakh | ₹8.32 Cr | ₹5.4 Cr |
| Total Comprehensive Income | ₹71.26 Cr | ₹59.01 Cr | ₹11.57 Cr | ₹56.21 Cr | ₹58.84 Cr | ₹58.48 Cr | ₹87.53 Cr | ₹55.1 Cr | ₹72.43 Cr | ₹42.31 Cr | ₹60.71 Cr | ₹48.37 Cr |
| EBITDA (computed) | ₹104.05 Cr | ₹88.52 Cr | ₹57.77 Cr | ₹80.96 Cr | ₹107.22 Cr | ₹73.53 Cr | ₹101.14 Cr | ₹74.95 Cr | ₹103.88 Cr | ₹64.7 Cr | ₹78.64 Cr | ₹67.58 Cr |
| Basic EPS | ₹5.77 | ₹5.66 | ₹3.22 | ₹5.35 | ₹7.16 | ₹24.00 | ₹33.11 | ₹23.38 | ₹34.09 | ₹21.23 | ₹25.75 | ₹21.08 |
| Diluted EPS | ₹5.77 | ₹5.66 | ₹3.22 | ₹5.35 | ₹7.16 | ₹24.00 | ₹33.11 | ₹23.38 | ₹34.09 | ₹21.23 | ₹25.75 | ₹21.08 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| a) Synthetic cordage | ₹349.65 Cr | ₹87.76 Cr | ₹959.6 Cr | ₹331.15 Cr |
| b) Fibre and Industrial Products & Projects | ₹80.8 Cr | ₹16.39 Cr | ₹156.75 Cr | ₹84.48 Cr |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| a) Synthetic cordage | ₹1,215.25 Cr | ₹249.72 Cr | - | - |
| b) Fibre and Industrial Products & Projects | ₹338.73 Cr | ₹67.73 Cr | - | - |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹1,418.98 Cr | ₹1,488.68 Cr | ₹1,279.92 Cr | ₹1,253.62 Cr | ₹1,176.05 Cr | ₹1,017.26 Cr | ₹944.72 Cr |
| Other Income | ₹45.24 Cr | ₹36.78 Cr | ₹42.7 Cr | ₹27.85 Cr | ₹25.47 Cr | ₹34.54 Cr | ₹69.13 Cr |
| Total Income | ₹1,464.22 Cr | ₹1,525.46 Cr | ₹1,322.62 Cr | ₹1,281.47 Cr | ₹1,201.52 Cr | ₹1,051.8 Cr | ₹1,013.85 Cr |
| Cost of Materials Consumed | ₹335.65 Cr | ₹381.58 Cr | ₹362.34 Cr | ₹350.44 Cr | ₹337.55 Cr | ₹245.87 Cr | ₹250.58 Cr |
| Purchases of Stock-in-Trade | ₹88.17 Cr | ₹55.01 Cr | ₹33.24 Cr | ₹40.65 Cr | ₹30.66 Cr | ₹30.36 Cr | ₹35.14 Cr |
| Changes in Inventories | -₹15.12 Cr | -₹11.45 Cr | -₹42.13 Cr | ₹9.94 Cr | -₹12.48 Cr | ₹20.22 Cr | -₹13.6 Cr |
| Employee Benefit Expense | ₹208.98 Cr | ₹208.47 Cr | ₹189.6 Cr | ₹164.6 Cr | ₹147.65 Cr | ₹149.88 Cr | ₹136.18 Cr |
| Finance Costs | ₹10.79 Cr | ₹18.86 Cr | ₹16.75 Cr | ₹11.87 Cr | ₹10.45 Cr | ₹9.97 Cr | ₹11.21 Cr |
| Depreciation & Amortisation | ₹31.44 Cr | ₹28.18 Cr | ₹25.77 Cr | ₹22.24 Cr | ₹21.41 Cr | ₹20.64 Cr | ₹19.26 Cr |
| Other Expenses | ₹510.51 Cr | ₹559.18 Cr | ₹479.4 Cr | ₹475 Cr | ₹456.27 Cr | ₹372.17 Cr | ₹358.89 Cr |
| Total Expenses | ₹1,170.41 Cr | ₹1,239.83 Cr | ₹1,064.95 Cr | ₹1,074.75 Cr | ₹991.52 Cr | ₹849.12 Cr | ₹797.65 Cr |
| Profit Before Exceptional Items & Tax | ₹293.81 Cr | ₹285.63 Cr | ₹257.67 Cr | ₹206.72 Cr | ₹210.01 Cr | ₹202.67 Cr | ₹216.2 Cr |
| Exceptional Items | -₹13.9 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹279.91 Cr | ₹285.63 Cr | ₹257.67 Cr | ₹206.72 Cr | ₹210.01 Cr | ₹202.67 Cr | ₹216.2 Cr |
| Total Tax Expense | ₹68.65 Cr | ₹71.55 Cr | ₹60.82 Cr | ₹47.65 Cr | ₹49.28 Cr | ₹48.04 Cr | ₹38.2 Cr |
| Net Profit | ₹211.27 Cr | ₹214.07 Cr | ₹196.85 Cr | ₹159.07 Cr | ₹160.73 Cr | ₹154.63 Cr | ₹178 Cr |
| Other Comprehensive Income | -₹9.92 Cr | ₹28.41 Cr | ₹15.63 Cr | -₹2.66 Cr | -₹69.16 Lakh | ₹7.38 Cr | -₹5.91 Cr |
| Total Comprehensive Income | ₹201.34 Cr | ₹242.49 Cr | ₹212.48 Cr | ₹156.42 Cr | ₹160.04 Cr | ₹162.01 Cr | ₹172.09 Cr |
| EBITDA (computed) | ₹336.04 Cr | ₹332.67 Cr | ₹300.19 Cr | ₹240.83 Cr | ₹241.86 Cr | ₹233.28 Cr | ₹246.67 Cr |
| Basic EPS | ₹21.28 | ₹21.56 | ₹96.60 | ₹77.17 | ₹77.96 | ₹72.87 | ₹81.35 |
| Diluted EPS | ₹21.28 | ₹21.56 | ₹96.60 | ₹77.17 | ₹77.96 | ₹72.87 | ₹81.35 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹1,778.91 Cr | ₹1,718.04 Cr | ₹1,756.76 Cr | ₹1,492.47 Cr |
| Non-current Assets | ₹737.76 Cr | ₹958.28 Cr | ₹892.04 Cr | ₹931.34 Cr |
| Current Assets | ₹1,041.15 Cr | ₹759.76 Cr | ₹864.72 Cr | ₹561.12 Cr |
| Property, Plant & Equipment | ₹298.15 Cr | ₹272.96 Cr | ₹257.27 Cr | ₹241.36 Cr |
| Inventories | ₹305.15 Cr | ₹243.88 Cr | ₹235.33 Cr | ₹188.14 Cr |
| Trade Receivables | ₹325.2 Cr | ₹300.09 Cr | ₹254.47 Cr | ₹220.27 Cr |
| Cash & Equivalents | ₹31.85 Cr | ₹4.39 Cr | ₹141.46 Cr | ₹34.95 Cr |
| Equity (Net Worth) | ₹1,327.25 Cr | ₹1,220.21 Cr | ₹1,231.56 Cr | ₹1,026.21 Cr |
| Equity Share Capital | ₹99.27 Cr | ₹99.27 Cr | ₹20.38 Cr | ₹20.38 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹0 |
| Borrowings (Current) | ₹19.13 Cr | ₹61.42 Cr | ₹118.56 Cr | ₹132.86 Cr |
| Total Debt (computed) | ₹19.13 Cr | ₹61.42 Cr | ₹118.56 Cr | ₹132.86 Cr |
| Current Liabilities | ₹385.99 Cr | ₹434.05 Cr | ₹471.46 Cr | ₹420.34 Cr |
| Total Liabilities | ₹451.66 Cr | ₹497.83 Cr | ₹525.2 Cr | ₹466.25 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹117.66 Cr | ₹180.72 Cr | ₹198.46 Cr | ₹185.39 Cr | ₹59.86 Cr |
| Investing Cash Flow | ₹60.89 Cr | ₹12.05 Cr | -₹53.77 Cr | -₹102.72 Cr | ₹7.47 Cr |
| Financing Cash Flow | -₹147.77 Cr | -₹329.83 Cr | -₹38.19 Cr | -₹85.03 Cr | -₹32.95 Cr |
| Capital Expenditure | ₹56.04 Cr | ₹43.2 Cr | ₹38.2 Cr | ₹28.37 Cr | ₹14.17 Cr |
| Free Cash Flow (computed) | ₹61.62 Cr | ₹137.51 Cr | ₹160.27 Cr | ₹157.02 Cr | ₹45.69 Cr |
| Dividends Paid | ₹93.82 Cr | ₹5.96 Cr | ₹7.13 Cr | ₹14.43 Cr | ₹5.16 Cr |
| Net Change in Cash | ₹30.78 Cr | -₹137.07 Cr | ₹106.51 Cr | -₹2.36 Cr | ₹34.38 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹371.48 Cr | ₹339.81 Cr | ₹359.65 Cr | ₹348.04 Cr | ₹374.93 Cr | ₹352.66 Cr | ₹405.09 Cr | ₹356.01 Cr | ₹370.81 Cr | ₹268.33 Cr | ₹320.8 Cr | ₹319.98 Cr |
| Other Income | ₹7.25 Cr | ₹16.89 Cr | ₹8.75 Cr | ₹12.35 Cr | ₹8.58 Cr | ₹8.58 Cr | ₹9.36 Cr | ₹10.26 Cr | ₹12.24 Cr | ₹11.07 Cr | ₹10.04 Cr | ₹9.35 Cr |
| Total Income | ₹378.73 Cr | ₹356.7 Cr | ₹368.41 Cr | ₹360.39 Cr | ₹383.51 Cr | ₹361.23 Cr | ₹414.45 Cr | ₹366.27 Cr | ₹383.06 Cr | ₹279.4 Cr | ₹330.84 Cr | ₹329.32 Cr |
| Cost of Materials Consumed | ₹86.07 Cr | ₹77.04 Cr | ₹80.73 Cr | ₹92.25 Cr | ₹79.73 Cr | ₹92.46 Cr | ₹104.51 Cr | ₹104.88 Cr | ₹83.9 Cr | ₹83.35 Cr | ₹90.54 Cr | ₹104.55 Cr |
| Purchases of Stock-in-Trade | ₹9.15 Cr | ₹19.8 Cr | ₹30.78 Cr | ₹28.43 Cr | ₹13.77 Cr | ₹15.2 Cr | ₹14.64 Cr | ₹11.41 Cr | ₹4.95 Cr | ₹9.1 Cr | ₹7.25 Cr | ₹11.94 Cr |
| Changes in Inventories | ₹4.19 Cr | -₹2.46 Cr | ₹11.76 Cr | -₹28.61 Cr | ₹6.83 Cr | ₹5.88 Cr | -₹12.19 Cr | -₹11.97 Cr | ₹7.18 Cr | -₹18.37 Cr | -₹2.1 Cr | -₹28.85 Cr |
| Employee Benefit Expense | ₹48.69 Cr | ₹49.43 Cr | ₹54.99 Cr | ₹55.87 Cr | ₹50.87 Cr | ₹52.66 Cr | ₹52.84 Cr | ₹52.1 Cr | ₹47.43 Cr | ₹46.05 Cr | ₹47.97 Cr | ₹48.14 Cr |
| Finance Costs | ₹2.24 Cr | ₹3.13 Cr | ₹2.89 Cr | ₹2.54 Cr | ₹2.83 Cr | ₹4.01 Cr | ₹5.95 Cr | ₹6.08 Cr | ₹5.33 Cr | ₹2.86 Cr | ₹4.2 Cr | ₹4.35 Cr |
| Depreciation & Amortisation | ₹8.1 Cr | ₹8.34 Cr | ₹7.64 Cr | ₹7.36 Cr | ₹7.28 Cr | ₹7.24 Cr | ₹7 Cr | ₹6.67 Cr | ₹6.7 Cr | ₹6.72 Cr | ₹6.27 Cr | ₹6.07 Cr |
| Other Expenses | ₹132.04 Cr | ₹127.86 Cr | ₹119.36 Cr | ₹130.82 Cr | ₹148.75 Cr | ₹128.55 Cr | ₹156.34 Cr | ₹125.54 Cr | ₹136.38 Cr | ₹103.07 Cr | ₹114.41 Cr | ₹125.53 Cr |
| Total Expenses | ₹290.48 Cr | ₹283.13 Cr | ₹308.15 Cr | ₹288.65 Cr | ₹310.05 Cr | ₹305.99 Cr | ₹329.09 Cr | ₹294.71 Cr | ₹291.87 Cr | ₹232.79 Cr | ₹268.55 Cr | ₹271.74 Cr |
| Profit Before Exceptional Items & Tax | ₹88.25 Cr | ₹73.56 Cr | ₹60.25 Cr | ₹71.75 Cr | ₹73.46 Cr | ₹55.24 Cr | ₹85.37 Cr | ₹71.56 Cr | ₹91.18 Cr | ₹46.61 Cr | ₹62.29 Cr | ₹57.59 Cr |
| Exceptional Items | -₹13.9 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹74.35 Cr | ₹73.56 Cr | ₹60.25 Cr | ₹71.75 Cr | ₹73.46 Cr | ₹55.24 Cr | ₹85.37 Cr | ₹71.56 Cr | ₹91.18 Cr | ₹46.61 Cr | ₹62.29 Cr | ₹57.59 Cr |
| Total Tax Expense | ₹19.53 Cr | ₹19.6 Cr | ₹12.92 Cr | ₹16.59 Cr | ₹22.15 Cr | ₹12.85 Cr | ₹21.36 Cr | ₹15.2 Cr | ₹22.08 Cr | ₹10.83 Cr | ₹14.76 Cr | ₹13.14 Cr |
| Net Profit | ₹54.82 Cr | ₹53.96 Cr | ₹47.33 Cr | ₹55.16 Cr | ₹51.31 Cr | ₹42.39 Cr | ₹64.01 Cr | ₹56.36 Cr | ₹69.1 Cr | ₹35.78 Cr | ₹47.53 Cr | ₹44.44 Cr |
| Other Comprehensive Income | ₹4.71 Cr | ₹2.66 Cr | -₹20.36 Cr | ₹3.07 Cr | -₹12.24 Cr | ₹10.7 Cr | ₹21.64 Cr | ₹8.32 Cr | ₹2.86 Cr | -₹96.02 Lakh | ₹8.32 Cr | ₹5.4 Cr |
| Total Comprehensive Income | ₹59.52 Cr | ₹56.62 Cr | ₹26.97 Cr | ₹58.23 Cr | ₹39.07 Cr | ₹53.09 Cr | ₹85.64 Cr | ₹64.68 Cr | ₹71.97 Cr | ₹34.82 Cr | ₹55.85 Cr | ₹49.85 Cr |
| EBITDA (computed) | ₹98.58 Cr | ₹85.03 Cr | ₹70.78 Cr | ₹81.64 Cr | ₹83.56 Cr | ₹66.49 Cr | ₹98.32 Cr | ₹84.31 Cr | ₹103.22 Cr | ₹56.19 Cr | ₹72.77 Cr | ₹68.01 Cr |
| Basic EPS | ₹5.52 | ₹5.44 | ₹4.77 | ₹5.56 | ₹5.17 | ₹21.30 | ₹32.13 | ₹28.19 | ₹33.91 | ₹17.56 | ₹23.33 | ₹21.81 |
| Diluted EPS | ₹5.52 | ₹5.44 | ₹4.77 | ₹5.56 | ₹5.17 | ₹21.30 | ₹32.13 | ₹28.19 | ₹33.91 | ₹17.56 | ₹23.33 | ₹21.81 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| a) Synthetic cordage | ₹294.72 Cr | ₹105.63 Cr | ₹803.99 Cr | ₹298.87 Cr |
| b) Fibre and Industrial Products & Projects | ₹80.8 Cr | ₹16.39 Cr | ₹156.75 Cr | ₹84.48 Cr |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| a) Synthetic cordage | ₹1,105.45 Cr | ₹257.33 Cr | - | - |
| b) Fibre and Industrial Products & Projects | ₹338.73 Cr | ₹67.73 Cr | - | - |
Shareholding Pattern of Garware Technical Fibres Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 53.36%, foreign institutional investors hold 9.12%, domestic institutional investors hold 10.29%, retail and other public shareholders hold 27.23% of Garware Technical Fibres Limited. The company had 41,415 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Jan 2025 | |
|---|---|---|---|---|---|---|
| Promoters | 53.36% | 53.36% | 53.00% | 53.00% | 53.00% | 53.00% |
| Public | 46.64% | 46.64% | 47.00% | 47.00% | 47.00% | 47.00% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 53.36% | 53.00% | 52.70% | 52.70% | 52.62% | 52.62% | 50.71% | 50.70% | 50.69% | 50.68% | 50.64% |
| Public | 46.64% | 47.00% | 47.30% | 47.30% | 47.38% | 47.38% | 44.97% | 44.97% | 44.99% | 44.99% | 45.04% |
| Employee Trusts | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 4.33% | 4.33% | 4.33% | 4.33% | 4.33% |
| Promoter change (YoY, %pts) | +0.36 | +0.30 | +0.00 | +0.08 | +0.00 | +1.91 | +0.01 | +0.01 | +0.01 | +0.04 | - |
Board & Governance of Garware Technical Fibres Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Garware Technical Fibres Limited has 6 directors - 4 independent and 1 executive. The board is chaired by VAYU RAMESH GARWARE.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| VAYU RAMESH GARWARE | Executive Director · CEO-MD · Chairperson | 1995-12-01 | 1 |
| MAYURI VAYU GARWARE | Non-Executive - Non Independent Director | 2014-08-16 | 1 |
| SHRIDHAR SHRIKRISHNA RAJPATHAK | Non-Executive - Independent Director | 2021-11-11 | 1 |
| ANIL SADASHIV WAGLE | Non-Executive - Independent Director | 2024-01-30 | 1 |
| ASHISH DHURVENDRA GOEL | Non-Executive - Independent Director | 2024-05-28 | 1 |
| KIRTI DHARMESH MANGWANI | Non-Executive - Independent Director | 2025-11-25 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | SHRIDHAR SHRIKRISHNA RAJPATHAK (Chairperson), VAYU RAMESH GARWARE, ANIL SADASHIV WAGLE, ASHISH DHURVENDRA GOEL |
| Nomination and remuneration committee | ANIL SADASHIV WAGLE (Chairperson), VAYU RAMESH GARWARE, SHRIDHAR SHRIKRISHNA RAJPATHAK, ASHISH DHURVENDRA GOEL |
| Stakeholders Relationship Committee | SHRIDHAR SHRIKRISHNA RAJPATHAK (Chairperson), VAYU RAMESH GARWARE, ANIL SADASHIV WAGLE, ASHISH DHURVENDRA GOEL |
| Risk Management Committee | VAYU RAMESH GARWARE (Chairperson), SHRIDHAR SHRIKRISHNA RAJPATHAK, ANIL SADASHIV WAGLE |
| Corporate Social Responsibility Committee | SHRIDHAR SHRIKRISHNA RAJPATHAK (Chairperson), VAYU RAMESH GARWARE, MAYURI VAYU GARWARE, ASHISH DHURVENDRA GOEL |
| Banking and Operation Committee | VAYU RAMESH GARWARE (Chairperson), SHRIDHAR SHRIKRISHNA RAJPATHAK, ANIL SADASHIV WAGLE |
Group Structure of Garware Technical Fibres Limited
Garware Technical Fibres Limited has 3 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The corporate group structure reflects Garware Technical Fibres Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Garware Technical Textile Private Limited | U17301PN2020PTC194993 | - |
| Garware Environmental Services Private Limited | U74900PN2007PTC130686 | - |
| Garware Technical Fibres Foundation | U85300PN2021NPL203132 | - |
Showing major subsidiaries. Total: 3.
Charges & Borrowings of Garware Technical Fibres Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Aug 2024 | Others | ₹399.95 Cr | Open |
| 11 Jan 2012 | The Hongkong and Shanghai Banking Corporation Limited | ₹15 Cr | Satisfied |
| 01 Nov 2011 | Citibank N. A. | ₹25 Cr | Satisfied |
| 24 Oct 2011 | Hdfc Bank Limited | ₹25 Cr | Satisfied |
| 13 Oct 2008 | Idbi Bank Limited | ₹12.13 Cr | Satisfied |
Total charge records: 19 View all charges
Employees and EPFO Compliance at Garware Technical Fibres Limited
Garware Technical Fibres Limited has a workforce of 1,150 employees as of Apr 07, 2024.
Employee and EPFO history for Garware Technical Fibres Limited
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GST Compliance of Garware Technical Fibres Limited
GST registrations and filing compliance for Garware Technical Fibres Limited
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Credit Ratings, Litigation & Regulatory Alerts for Garware Technical Fibres Limited
Credit ratings, litigation, and regulatory alerts for Garware Technical Fibres Limited
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MSME Payment Delays by Garware Technical Fibres Limited
MSME payment history for Garware Technical Fibres Limited
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Subsidiaries & Group Companies of Garware Technical Fibres Limited
Corporate group structure for Garware Technical Fibres Limited
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MCA Filings & Documents of Garware Technical Fibres Limited
MCA filings and documents for Garware Technical Fibres Limited
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Recent Activity on Garware Technical Fibres Limited
Recent News on Garware Technical Fibres Limited
Frequently Asked Questions about Garware Technical Fibres Limited
Garware Technical Fibres Limited is an active public limited company in the manufacturing sector based in Pune, Maharashtra, India. It was incorporated on 01 April 1976 (50+ years old) and is registered under CIN L25209MH1976PLC018939. Listed on BSE: 509557 and NSE: GARFIBRES. The company has 1,150 employees.
Garware Technical Fibres Limited reported revenue of ₹1,528.79 Cr for FY 2026 (down 0.74% YoY) based on consolidated NSE filings.
The current directors of Garware Technical Fibres Limited are:
- Shridhar Shrikrishna Rajpathak - Director
- Ashish Dhurvendra Goel - Director
- Anil Wagle Sadashiv - Director
- Vayu Ramesh Garware - Managing Director
- Kirti Dharmesh Mangwani - Additional Director
- Mayuri Vayu Garware - Director
The primary industry of Garware Technical Fibres Limited is manufacturing. The company specifically operates in plastic-based products. The company is currently active in this sector.
Yes. Garware Technical Fibres Limited is listed on both BSE (code: 509557) and NSE (symbol: GARFIBRES).
Garware Technical Fibres Limited can be reached at the registered office: Plot No 11 Block D – 1Midc Chinchwad, Pune, Maharashtra, India – 411019, or through the website garwarefibres.com.