Garware Technical Fibres Limited

BSE: 509557 NSE: GARFIBRES
Garware Technical Fibres Limited - manufacturing in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN L25209MH1976PLC018939 Incorporated 01 April 1976 ROC Pune HQ Pune, Maharashtra, India
Active Listed - NSE: GARFIBRES · BSE: 509557 Public Limited Company manufacturing
Data last updated
Market Cap
₹7,193 Cr
GARFIBRES · NSE
Share Price
₹739.00
+0.32% today
Revenue
₹1,529 Cr
FY 2025-26 · -0.7% YoY
EBITDA
₹253 Cr
Margin 16.5%
Net Profit
₹209 Cr
FY 2025-26 · -9.8% YoY
P/E (TTM)
29.5x
P/B 5.2x
ROE
15.3%
ROCE 20.6%
Debt / Equity
0.04
Interest cover 6.2x

About Garware Technical Fibres Limited

Data last updated:

Garware Technical Fibres Limited is a public limited company based in Pune, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 01 April 1976 and has been in existence for over 50 years.

Its director Vayu Ramesh Garware is #678 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Pune, under CIN L25209MH1976PLC018939. Its GSTIN is 27AAACG1377P1Z7 (Maharashtra). The company holds 28 GST registrations, of which 26 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 509557 and NSE: GARFIBRES.

The company has an authorised share capital of ₹120 Cr and a paid-up capital of ₹99.27 Cr. It was formerly known as Garware-Wall Ropes Limited and Garware Wall Ropes Limited. It is led by directors including Vayu Ramesh Garware (Managing Director) and Shridhar Shrikrishna Rajpathak.

Its last annual general meeting (AGM) was held on 02 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Plot No 11 Block D – 1 MIDC Chinchwad, Pune, Maharashtra, India – 411019.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹1,528.79 Cr, a decline of 0.7% compared to the previous year. For the same year it recorded a net profit of ₹209.06 Cr (net margin 13.7%) and EBITDA of ₹252.63 Cr (EBITDA margin 16.5%). The net worth stands at ₹1,354.43 Cr (up 9.1% YoY). Total assets are valued at ₹1,420.56 Cr (up 7% YoY).

The company has about 1,150 employees on its provident fund (EPFO) records. 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. Court records list 163 cases involving the company, including 99 filed by the company and 64 filed against it; 22 cases are pending. The company has 16 deals on record (14 market trades, 2 buybacks); the latest was in May 2023. The company has 17 MSME Form 1 returns on record between 2019 and 2024, listing 935 overdue payments to 47 micro and small suppliers.

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.

Company details

CIN L25209MH1976PLC018939
Registration Number 018939
Incorporation Date 01 April 1976
ROC Pune
Listing Status Listed - Listed on NSE (GARFIBRES); Listed on BSE (509557)
Company Status Active
Date of Last AGM 02 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

Name history

Garware Technical Fibres 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.

Company NameStatus
Garware Technical Fibres LimitedCurrent
Garware-Wall Ropes LimitedPrevious
Garware Wall Ropes LimitedPrevious

CIN history

Garware Technical Fibres has one previous CIN (Corporate Identification Number): U25209MH1976PLC018939. The current CIN is L25209MH1976PLC018939, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L25209MH1976PLC018939Current
U25209MH1976PLC018939Previous
Key People
Vayu Ramesh Garware Managing Director Shridhar Shrikrishna Rajpathak Director Ashish Dhurvendra Goel Director

Recognitions & Rankings of Garware Technical Fibres

India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#500
Valuation
₹9,580 Cr
2022 #435 2021 #406
India's Richest People 2026 edition · 1 director · Source: Hurun India

Contact details

Garware Technical Fibres Limited's registered office is in Pune, Maharashtra. Its website is garwarefibres.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    garwarefibres.com
  • Social Media
  • Registered Address
    Plot No 11 Block D – 1 MIDC Chinchwad, Pune, Maharashtra, India – 411019
  • Industry
    Manufacturing, Plastic-Based Products

To see the full contact details of Garware Technical Fibres Limited, buy the company report.

Comprehensive company report
Garware Technical Fibres Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Garware Technical Fibres operates one associated brand: Garware Technical Fibres. Each brand links to its own profile.

BrandDescriptionWebsite
Garware Technical Fibres
Technical textiles for diverse industries are developed and supplied.garwarefibres.com

Business activity

The main business activities of Garware Technical Fibres are manufacturing and trade. In detail, this covers textile, leather and other apparel products and wholesale trading. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Garware Technical Fibres Limited, buy the company report.

Financials of Garware Technical Fibres Limited

FY 2025-26 filings available

Garware Technical Fibres Limited reported revenue of ₹1,528.79 Cr (down 0.7% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹1,529 Cr
-0.7% YoY
EBITDA
₹253 Cr
-17.3% YoY
Profit After Tax
₹209 Cr
-9.8% YoY
Net Worth
₹1,354 Cr
+9.1% YoY
Total Assets
₹1,421 Cr
+7.0% YoY
Total Debt
₹42.82 Cr
-34.0% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue1,5291,5401,3261,3061,1891,035953
Revenue growth-0.7%+16.2%+1.5%+9.8%+15.0%+8.6%-
EBITDA253305272230223204178
EBITDA margin+16.5%+19.8%+20.5%+17.6%+18.7%+19.8%+18.6%
Profit before tax269308272223216208179
Net profit209232210171163155139
Net profit margin+13.7%+15.0%+15.9%+13.1%+13.7%+15.0%+14.6%
EPS (₹)20.0123.33103.1884.5079.9276.8264.22
Balance sheet
Total assets1,4211,3281,3731,1651,064925881
Net worth1,3541,2421,2341,016971811739
Total debt42.8264.8612313479.57102133
Cash & bank14050.6117445.8240.4757.4033.65
Net working capital498348424302318228273
Cash flow
Cash from operations16219621918963.85228110
Cash from investing67.7910.29(72.66)(102)7.86(120)(47.48)
Cash from financing(152)(332)(38.52)(85.11)(37.97)(135)(37.43)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue463482426387348367433351
Revenue growth (YoY)+33.0%+31.4%-1.4%+10.4%-17.3%+9.2%--
Other income8.968.937.8117.709.3412.848.968.88
EBITDA80.0090.0982.3470.8248.4368.1398.2664.65
EBITDA margin+17.3%+18.7%+19.3%+18.3%+13.9%+18.6%+22.7%+18.4%
Depreciation9.839.339.099.338.627.417.327.27
Interest2.983.333.123.793.493.163.114.32
Profit before tax76.1586.3677.9475.4045.6670.4096.7961.94
Tax17.5921.8820.8219.1813.6717.3025.7214.16
Net profit58.5664.4857.1256.2231.9953.1071.0747.78
EPS (₹)6.006.565.775.663.225.377.1624.00
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue1,4191,4891,2801,2541,1761,017945
Revenue growth-4.7%+16.3%+2.1%+6.6%+15.6%+7.7%-
EBITDA260282257213216199178
EBITDA margin+18.3%+19.0%+20.1%+17.0%+18.4%+19.5%+18.8%
Profit before tax280286258207210203216
Net profit222214199158159151177
Net profit margin+15.6%+14.4%+15.6%+12.6%+13.6%+14.9%+18.7%
EPS (₹)21.2821.5797.6278.0677.9675.0081.35
Balance sheet
Total assets1,3721,3061,3701,1751,090950883
Net worth1,3271,2201,2321,026996841773
Total debt21.5464.7112213479.5796.92100
Cash & bank36.898.3414638.7638.7254.6526.55
Net working capital395279373264297207228
Cash flow
Cash from operations11818119818559.86205144
Cash from investing60.8911.80(53.77)(103)7.47(121)(57.60)
Cash from financing(148)(331)(38.19)(85.03)(32.95)(107)(69.23)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue418401371340360348375353
Revenue growth (YoY)+16.3%+15.3%-0.9%-3.6%-11.2%-2.2%--
Other income8.448.457.2516.898.7512.358.588.58
Total expenses343334294272298279300295
EBITDA75.7267.5777.4468.1462.0369.2974.9857.91
EBITDA margin+18.1%+16.8%+20.8%+20.1%+17.2%+19.9%+20.0%+16.4%
Depreciation8.658.238.108.347.647.367.287.24
Interest1.762.222.243.132.892.542.834.01
Profit before tax73.7565.5774.3573.5660.2571.7473.4555.24
Tax17.5816.5819.5319.6012.9216.5922.1412.85

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 03 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue463482426387348367433351
Revenue growth (YoY)+33.0%+31.4%-1.4%+10.4%-17.3%+9.2%--
Other income8.968.937.8117.709.3412.848.968.88
EBITDA80.0090.0982.3470.8248.4368.1398.2664.65
EBITDA margin+17.3%+18.7%+19.3%+18.3%+13.9%+18.6%+22.7%+18.4%
Depreciation9.839.339.099.338.627.417.327.27
Interest2.983.333.123.793.493.163.114.32
Profit before tax76.1586.3677.9475.4045.6670.4096.7961.94
Tax17.5921.8820.8219.1813.6717.3025.7214.16
Net profit58.5664.4857.1256.2231.9953.1071.0747.78
EPS (₹)6.006.565.775.663.225.377.1624.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue1,5291,5401,3261,3061,1891,035953
Revenue growth-0.7%+16.2%+1.5%+9.8%+15.0%+8.6%-
Other income64.7751.3543.1927.9025.5434.6732.19
Total expenses1,2761,2351,0541,076966830776
Employee cost237214194167150153136
EBITDA253305272230223204178
EBITDA margin+16.5%+19.8%+20.5%+17.6%+18.7%+19.8%+18.6%
Depreciation34.4528.3425.8822.3121.4620.6519.26
Interest13.5620.0317.2111.9510.5710.3211.57
Profit before tax269308272223216208179
Tax70.9776.9161.4550.9851.6449.6738.33
Net profit209232210171163155139
Net profit margin+13.7%+15.0%+15.9%+13.1%+13.7%+15.0%+14.6%
EPS (₹)20.0123.33103.1884.5079.9276.8264.22
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital99.2799.2720.3820.3820.6220.6221.88
Reserves & surplus1,2551,1421,213996950790717
Shareholders' funds (net worth)1,3541,2421,2341,016971811739
Minority interest0.000.000.000.000.000.000.00
Secured loans40.3061.4211913379.57102133
Unsecured loans2.523.444.300.690.000.000.00
Total debt42.8264.8612313479.57102133
Total liabilities1,4211,3281,3731,1651,064925881
Assets
Gross block612444402361336323300
Net block419277262246240247244
Capital work in progress0.970.000.000.000.000.000.00
Investments496703689617521467376
Inventories399270257214224190192
Sundry debtors277317262234258242235
Cash & bank balances14050.6117445.8240.4757.4033.65
Loans & advances95.9899.8894.1410611396.6488.99
Total current assets911737787600635586550
Total current liabilities413389363298318358277
Net working capital498348424302318228273
Total assets1,4211,3281,3731,1651,064925881
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash21.0514641.6239.065.3232.237.60
Net cash from operating activities16219621918963.85228110
Net cash from investing activities67.7910.29(72.66)(102)7.86(120)(47.48)
Net cash from financing activities(152)(332)(38.52)(85.11)(37.97)(135)(37.43)
Net change in cash77.60(125)1082.5633.74(26.91)24.63
Closing cash14050.6117445.8240.4757.4033.65
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-0.7%+16.2%+1.5%+9.8%+15.0%+8.6%-
EBITDA growth-17.3%+12.5%+18.3%+3.0%+9.1%+15.1%-
PBT growth-12.7%+13.5%+21.8%+3.1%+4.0%+16.3%-1.8%
Net income growth-9.8%+10.1%+23.1%+4.6%+5.5%+11.2%-
Revenue CAGR (3Y)+5.4%+9.0%+8.6%+11.1%+5.3%+5.4%+4.1%
EBITDA CAGR (3Y)+3.3%+11.1%+10.0%+8.9%+5.1%+8.4%+9.4%
Profitability & leverage
Net income margin+13.0%+15.0%+15.9%+13.2%+13.9%+15.3%+14.8%
Return on capital employed+20.6%+24.3%+22.8%+21.1%+22.8%+24.2%+23.2%
Return on net worth+15.3%+18.7%+18.7%+17.3%+18.5%+20.4%+20.2%
Debt / equity0.040.080.110.110.100.150.17
Long-term debt / equity0.010.000.000.000.000.000.00
Interest cover6.227.237.005.775.255.627.31
Efficiency & per share
Fixed asset turnover2.903.643.473.753.613.323.34
Inventory turnover4.585.855.635.965.745.425.30
Debtors turnover5.155.325.345.314.764.343.99
EPS (₹)20.0123.33103.1884.5079.9276.8264.22
Dividend per share (₹)1.001.503.003.507.002.5017.00
Book value per share (₹)136.44125.08605.48498.77470.74393.39337.77
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue418401371340360348375353
Revenue growth (YoY)+16.3%+15.3%-0.9%-3.6%-11.2%-2.2%--
Other income8.448.457.2516.898.7512.358.588.58
Total expenses343334294272298279300295
EBITDA75.7267.5777.4468.1462.0369.2974.9857.91
EBITDA margin+18.1%+16.8%+20.8%+20.1%+17.2%+19.9%+20.0%+16.4%
Depreciation8.658.238.108.347.647.367.287.24
Interest1.762.222.243.132.892.542.834.01
Profit before tax73.7565.5774.3573.5660.2571.7473.4555.24
Tax17.5816.5819.5319.6012.9216.5922.1412.85
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue1,4191,4891,2801,2541,1761,017945
Revenue growth-4.7%+16.3%+2.1%+6.6%+15.6%+7.7%-
Other income62.1450.4842.7027.8525.4734.5469.13
Total expenses1,1591,2061,0221,041960818767
Employee cost209208190165148150136
EBITDA260282257213216199178
EBITDA margin+18.3%+19.0%+20.1%+17.0%+18.4%+19.5%+18.8%
Depreciation31.4428.1825.7722.2421.4120.6419.26
Interest10.7918.8616.7511.8710.459.9711.21
Profit before tax280286258207210203216
Tax68.6571.5558.7347.6549.2748.0538.20
Net profit222214199158159151177
Net profit margin+15.6%+14.4%+15.6%+12.6%+13.6%+14.9%+18.7%
EPS (₹)21.2821.5797.6278.0677.9675.0081.35
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital99.2799.2720.3820.3820.6220.6221.88
Reserves & surplus1,2281,1211,2111,006976821751
Shareholders' funds (net worth)1,3271,2201,2321,026996841773
Secured loans19.1361.4211913379.5796.92100
Unsecured loans2.413.293.890.690.000.000.00
Total debt21.5464.7112213479.5796.92100
Total liabilities1,3721,3061,3701,1751,090950883
Assets
Gross block490443401361335323300
Net block302276261245240247244
Capital work in progress0.000.000.000.000.000.000.00
Investments657751738666568514423
Inventories305244235188193177187
Sundry debtors325300254220260216215
Cash & bank balances36.898.3414638.7638.7254.6526.55
Loans & advances93.2498.0689.4910411295.7688.23
Total current assets760650725551604543517
Total current liabilities366372352287307337288
Net working capital395279373264297207228
Total assets1,3721,3061,3701,1751,090950883
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash1.0713934.9537.312.9225.137.59
Net cash from operating activities11818119818559.86205144
Net cash from investing activities60.8911.80(53.77)(103)7.47(121)(57.60)
Net cash from financing activities(148)(331)(38.19)(85.03)(32.95)(107)(69.23)
Net change in cash30.78(138)107(2.36)34.38(22.21)17.54
Closing cash36.898.3414638.7638.7254.6526.55
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-4.7%+16.3%+2.1%+6.6%+15.6%+7.7%-
EBITDA growth-7.9%+9.6%+20.9%-1.6%+8.9%+12.0%-
PBT growth-2.0%+10.9%+24.6%-1.6%+3.6%-6.2%+18.8%
Net income growth+3.6%+7.6%+26.2%-1.0%+5.4%-14.4%-
Revenue CAGR (3Y)+4.2%+8.2%+8.0%+9.9%+4.9%+4.8%+3.8%
EBITDA CAGR (3Y)+6.9%+9.3%+9.0%+6.3%+4.1%+7.4%+9.4%
Profitability & leverage
Net income margin+14.9%+14.4%+15.5%+12.7%+13.7%+15.2%+18.8%
Return on capital employed+21.7%+22.8%+21.6%+19.3%+21.6%+23.2%+27.6%
Return on net worth+16.6%+17.5%+17.6%+15.7%+17.5%+19.2%+25.0%
Debt / equity0.030.080.110.110.100.120.15
Long-term debt / equity0.000.000.000.000.000.000.00
Interest cover4.727.427.236.225.365.607.08
Efficiency & per share
Fixed asset turnover3.043.533.363.603.573.273.31
Inventory turnover5.176.216.046.576.355.595.32
Debtors turnover4.545.375.395.224.944.724.13
EPS (₹)21.2821.5797.6278.0677.9675.0081.35
Dividend per share (₹)1.001.503.003.507.002.5017.00
Book value per share (₹)133.71122.92604.35503.58483.19408.07353.22

To see the full year-wise statements and ratios of Garware Technical Fibres Limited, buy the company report.

Board of directors of Garware Technical Fibres Limited

Garware Technical Fibres has 6 current directors and 23 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Shridhar Shrikrishna Rajpathak
Also directs: Garware Technical Textile Private Limited, Garware Environmental Services Private Limited, Garware Technical Fibres Foundation
Director24 May 20179 Years 5 MonthsCurrent
Ashish Dhurvendra Goel
Also directs: Maritime and Commerce Agency India LLP, Unlockedstudio LLP, Ameya Logistics Private Limited and 4 more
Director28 May 20242 Years 5 MonthsCurrent
Anil Wagle SadashivDirector30 Jan 20242 Years 9 MonthsCurrent
Vayu Ramesh Garware
Also directs: Garware Technical Textile Private Limited, Garware Environmental Services Private Limited, Garware Technical Fibres Foundation and 5 more
Managing Director01 Dec 199530 Years 11 MonthsCurrent
Kirti Dharmesh Mangwani
Also directs: Mangwani Fiduciary Services LLP, Eazi Art (OPC) Private Limited
Additional Director25 Nov 20250 Years 11 MonthsCurrent
Mayuri Vayu Garware
Also directs: Garware Research Institute, Vimlabai Garware Research Institute Private Limited, Garware Capital Markets Limited
Director16 Aug 201412 Years 2 MonthsCurrent
View all directors

Auditor

Garware Technical Fibres Limited is audited by MEHTA CHOKSHI & SHAH LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MEHTA CHOKSHI & SHAH LLPFY 2023106201W/W100598

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 54.20%, foreign institutional investors hold 8.70%, domestic institutional investors hold 10.10% and retail and other public shareholders hold 27.00%.

Promoters: 54.20%DII (Domestic Institutional): 10.10%FII (Foreign Institutional): 8.70%Retail & Others: 27.00%
Sep 2026
QUARTER
54.20% Promoters
10.10% DII (Domestic Institutional)
8.70% FII (Foreign Institutional)
27.00% Retail & Others
Promoter holding - history
Now 54.20% · Sep 2026High 54.20% · Sep 2026Low 53.00% · Dec 2025
52%53%54%55%56%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 53.00%Mar 2026: 53.40%Jun 2026: 53.40%Sep 2026: 54.20%53.00%54.20%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters54.20%53.40%53.40%53.00%
Public45.80%46.60%46.60%47.00%

Charges & borrowings

Open charges
₹399.95 Cr
Satisfied charges
₹474.45 Cr
Breakdown by lending institutions
Others₹399.95 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Aug 2024100971901Others₹399.95 CrOpen
11 Jan 201210334334The Hongkong and Shanghai Banking Corporation Limited₹15 CrSatisfied
01 Nov 201110315464Citibank N. A.₹25 CrSatisfied
24 Oct 201110316447Hdfc Bank Limited₹25 CrSatisfied
13 Oct 200810127061Idbi Bank Limited₹12.13 CrSatisfied

To see the full charge records of Garware Technical Fibres Limited, buy the company report.

Total charge records: 19 View all charges

Deals & funding

Garware Technical Fibres Limited has 16 deals on record (14 market trades, 2 buybacks); the latest was in May 2023.

Total deals
16
Market trades
14
Buybacks
2

Deals on record (5 of 16)

WhenDealAmountParties
Mar 2014Market trade₹2.15 CrBuyer: Garware Technical Fibres Limited
Seller: Gujarat Fluorochemicals Limited
Mar 2014Market trade₹1.32 CrBuyer: Garware Technical Fibres Limited
Seller: Gujarat Fluorochemicals Limited
Mar 2014Market trade₹1.92 CrBuyer: Garware Technical Fibres Limited
Feb 2014Market trade₹1.79 CrBuyer: Garware Technical Fibres Limited
Feb 2014Market trade₹75.8 LakhBuyer: Garware Technical Fibres Limited

To see the full deal history of Garware Technical Fibres Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Garware Technical Fibres Limited was last rated by Icra on 24 Feb 2022.

Rating agencyRated onRating
Icra24 Feb 2022

To see the full credit ratings and regulatory alerts of Garware Technical Fibres Limited, buy the company report.

MSME payment delays

Garware Technical Fibres Limited has 17 MSME Form 1 returns on record between 2019 and 2024, listing 935 overdue payments to 47 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 47)

SupplierAmount dueDue sinceReported on
Safepack Industries Limited
Anil Cargo Pvt Ltd
K P Transports Private Limited
an individual supplier
Stew Engineering

To see the full MSME payment records of Garware Technical Fibres Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Garware Technical Fibres has 3 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

3
Subsidiary companies
1
Associated companies
Key subsidiaries
Company NameCINShares held
Garware Technical Textile Private LimitedU17301PN2020PTC194993
Garware Environmental Services Private LimitedU74900PN2007PTC130686
Garware Technical Fibres FoundationU85300PN2021NPL203132

To see the full group structure of Garware Technical Fibres Limited, buy the company report.

Employees & EPFO

Garware Technical Fibres Limited has a workforce of 1,150 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
1,150
Active EPFO establishments
1
Employee growth
3.14%

GST

Garware Technical Fibres has 28 GST registrations: 26 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
28
Active
26
Cancelled / inactive
2
GSTINStateStatusRegistered on
27AAACG1377P1Z7MaharashtraActive01 Jul 2017
27AAACG1377P2Z6MaharashtraActive01 Feb 2023
02AAACG1377P1ZJHimachal PradeshActive01 Jul 2017
03AAACG1377P1ZHPunjabActive01 Jul 2017

To see the full GST registrations and return filing status of Garware Technical Fibres Limited, buy the company report.

Recent activity

Garware Technical Fibres Limited has 27 board changes on record since 1995: 8 appointments and 19 cessations. The latest: Kirti Dharmesh Mangwani was appointed as Additional Director on 25 Nov 2025.

Filing
Garware Technical Fibres Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Pune.
Appointed
Kirti Dharmesh Mangwani was appointed as Additional Director.
AGM
Garware Technical Fibres Limited last Annual general meeting of members was held on 02 Sep 2025 as per latest MCA records.
Charges
A charge registered on 26 Mar 1998 via Charge ID 90084810 with Bank Of India was fully satisfied on 24 Sep 2024.
Charges
A charge with Others amounted to Rs. 399.95 Cr with Charge ID 100971901 was registered on 27 Aug 2024.
Appointed
Ashish Dhurvendra Goel was appointed as Director.
Appointed
Anil Wagle Sadashiv was appointed as Director.
Appointed
Shashank Gupta was appointed as CFO.
Charges
A charge with Bank Of India of Rs. 235.00 Cr registered on 26 Mar 1998 with Charge ID 90084810 was modified on 29 Jun 2022.
Ceased
Sanjay Vasudeo Raut ceased to be Additional Director.
Ceased
Shridhar Shrikrishna Rajpathak ceased to be Director Appointed In Casual Vacancy.
Ceased
Mallika Sagar ceased to be Director.

59 earlier events are in the company report.

News

Frequently asked questions

Garware Technical Fibres is an active public limited company based in Pune, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 01 April 1976 (50+ years old) and is registered under CIN L25209MH1976PLC018939. Listed on BSE: 509557 and NSE: GARFIBRES.

Garware Technical Fibres reported revenue of ₹1,528.79 Cr for FY 2025-26 (down 0.7% YoY) based on consolidated financials.

Garware Technical Fibres has 6 current directors:

The latest financial statements of Garware Technical Fibres on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 02 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Garware Technical Fibres is 27AAACG1377P1Z7, registered in Maharashtra. The company has 28 GST registrations in all, of which 26 are active and 2 are cancelled or inactive. Other active GSTINs include 27AAACG1377P2Z6 (Maharashtra), 02AAACG1377P1ZJ (Himachal Pradesh), 03AAACG1377P1ZH (Punjab).

The CIN (Corporate Identification Number) of Garware Technical Fibres is L25209MH1976PLC018939. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Garware Technical Fibres is a listed company as per MCA records. Its shares are listed on both BSE (code: 509557) and NSE (symbol: GARFIBRES).

Garware Technical Fibres has 163 court cases on record: 99 filed by the company and 64 filed against it. 22 are pending. Most are in the high courts.

Garware Technical Fibres was incorporated on 01 April 1976, making it 50+ years old. It is registered with the Registrar of Companies, Pune.

Garware Technical Fibres has 16 deals on record (14 market trades, 2 buybacks); the latest was in May 2023.

Kirti Dharmesh Mangwani was appointed as Additional Director on 25 Nov 2025. Ashish Dhurvendra Goel was appointed as Director on 28 May 2024. Anil Wagle Sadashiv was appointed as Director on 30 Jan 2024. Garware Technical Fibres has 27 board changes on record in total.