Garware Technical Fibres Ltd, formerly Garware-Wall Ropes Ltd., is a prominent player in the technical textiles and synthetic fibers industry. Established in 1976 and headquartered in Mumbai, India, the company has built a reputation for delivering high-performance solutions across diverse sectors such as aquaculture, fisheries, sports, agriculture, and safety. As part of the Garware Group, the company operates under the leadership of Vayu R. Garware (Chairman & Managing Director), Shujaul Rehman (CEO), and Shashank Gupta (CFO). Its product portfolio includes aquaculture nets, fishing nets, sports nets, coated fabrics, geosynthetics, and polymer ropes, catering to customers in over 75 countries through six overseas offices.
Garware Technical Fibres emphasizes innovation, quality, and sustainability as its core values, investing significantly in research and development to stay at the forefront of the industry. The company prioritizes customer satisfaction by delivering tailored solutions and exceptional service. In addition to its technical excellence, Garware actively promotes environmentally responsible practices, reinforcing its commitment to sustainability. With its global presence and diverse offerings, the company has established itself as a trusted name in technical textiles worldwide.
Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | |
Promoters + | 52.70% | 52.70% | 52.70% | 53.00% | 53.00% |
FIIs + | 8.58% | 8.77% | 9.34% | 9.55% | 9.82% |
DIIs + | 9.62% | 10.19% | 10.02% | 10.39% | 10.44% |
Public + | 29.09% | 28.33% | 27.95% | 27.06% | 26.74% |
No. of Shareholders | 41,185 | 38,111 | 92,445 | 37,164 | 36,832 |
The shareholding pattern of Garware Technical Fibres demonstrates a stable and evolving ownership structure over the observed period from September 2023 to September 2024. The Promoters have consistently maintained a strong majority stake, holding 52.70% up to March 2024 and slightly increasing to 53.00% by June and September 2024, reflecting their continued commitment to the company.
The FIIs (Foreign Institutional Investors) and DIIs (Domestic Institutional Investors) have steadily increased their holdings, indicating growing confidence in the company’s performance. FIIs saw a rise from 8.58% in September 2023 to 9.82% in September 2024, while DIIs increased their stake from 9.62% to 10.44% over the same period. Meanwhile, the Public Shareholding gradually declined from 29.09% in September 2023 to 26.74% in September 2024, suggesting a shift of shares towards institutional investors. The number of shareholders also varied significantly, peaking at 92,445 in March 2024 before stabilizing to 36,832 by September 2024, showcasing dynamic market activity and consolidation.
Below are the trading platforms that you can use to purchase Garware Technical Fibres:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
When | Maximum Price | Minimum Price |
January 2025 | 4,714.75 | 3,626.73 |
February 2025 | 4,762.38 | 3,663.37 |
March 2025 | 4,862.39 | 3,740.30 |
April 2025 | 4,814.25 | 3,703.27 |
May 2025 | 4,674.02 | 3,595.40 |
June 2025 | 4,884.36 | 3,757.20 |
July 2025 | 4,788.58 | 3,683.53 |
August 2025 | 4,936.68 | 3,797.45 |
September 2025 | 4,995.92 | 3,843.02 |
October 2025 | 5,125.82 | 3,942.94 |
November 2025 | 5,253.96 | 4,041.51 |
December 2025 | 5,490.39 | 4,223.38 |
In 2025, the price projections for Garware Technical Fibres are expected to exhibit a consistent upward trajectory. As we begin January, the maximum price is anticipated to reach ₹4,714.75, while the minimum could settle at ₹3,626.73. By December, as the year concludes, the maximum price is projected to touch ₹5,490.39, with the minimum price estimated at ₹4,223.38
When | Maximum Price | Minimum Price |
January 2026 | 5,655.10 | 4,350.08 |
February 2026 | 5,513.73 | 4,241.33 |
March 2026 | 5,624.00 | 4,326.15 |
April 2026 | 5,738.78 | 4,414.44 |
May 2026 | 5,681.96 | 4,370.74 |
June 2026 | 5,824.01 | 4,480.00 |
July 2026 | 5,709.81 | 4,392.16 |
August 2026 | 5,886.40 | 4,528.00 |
September 2026 | 6,004.13 | 4,618.56 |
October 2026 | 6,160.24 | 4,738.64 |
November 2026 | 6,314.24 | 4,857.11 |
December 2026 | 6,472.10 | 4,978.54 |
Garware Technical Fibres is expected to demonstrate a progressive increase in its price trajectory. As we move into January, the maximum price is projected to reach ₹5,655.10, while the minimum price could settle at ₹4,350.08. By December, as we move toward the year’s end, the maximum price is anticipated to climb to ₹6,472.10, with the minimum price estimated at ₹4,978.54. This consistent growth throughout the year reflects a strong potential for Garware Technical Fibres in 2026.
When | Maximum Price | Minimum Price |
January 2027 | 6,536.82 | 5,028.32 |
February 2027 | 6,704.43 | 5,157.25 |
March 2027 | 6,965.90 | 5,358.39 |
April 2027 | 6,829.32 | 5,253.32 |
May 2027 | 6,630.41 | 5,100.31 |
June 2027 | 6,928.77 | 5,329.83 |
July 2027 | 6,792.92 | 5,225.32 |
August 2027 | 7,003.01 | 5,386.93 |
September 2027 | 7,248.11 | 5,575.47 |
October 2027 | 7,436.56 | 5,720.43 |
November 2027 | 7,622.48 | 5,863.44 |
December 2027 | 7,813.04 | 6,010.03 |
When | Maximum Price | Minimum Price |
January 2028 | 7,969.30 | 6,130.23 |
February 2028 | 8,173.64 | 6,287.41 |
March 2028 | 8,492.41 | 6,532.62 |
April 2028 | 8,325.89 | 6,404.53 |
May 2028 | 8,083.39 | 6,217.99 |
June 2028 | 8,447.14 | 6,497.80 |
July 2028 | 8,281.51 | 6,370.40 |
August 2028 | 8,537.64 | 6,567.42 |
September 2028 | 8,836.46 | 6,797.28 |
October 2028 | 9,066.21 | 6,974.01 |
November 2028 | 9,292.86 | 7,148.36 |
December 2028 | 9,525.19 | 7,327.07 |
When | Maximum Price | Minimum Price |
January 2029 | 9,715.69 | 7,473.61 |
February 2029 | 9,964.81 | 7,665.24 |
March 2029 | 10,353.44 | 7,964.18 |
April 2029 | 10,150.43 | 7,808.02 |
May 2029 | 9,854.79 | 7,580.60 |
June 2029 | 10,298.25 | 7,921.73 |
July 2029 | 10,096.32 | 7,766.40 |
August 2029 | 10,408.58 | 8,006.60 |
September 2029 | 10,772.88 | 8,286.83 |
October 2029 | 11,052.98 | 8,502.29 |
November 2029 | 11,329.30 | 8,714.85 |
December 2029 | 11,612.53 | 8,932.72 |
Garware Technical Fibres Financial Condition
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
Sales + | 953 | 1,035 | 1,189 | 1,306 | 1,326 | 1,428 |
Expenses + | 775 | 830 | 966 | 1,076 | 1,054 | 1,128 |
Operating Profit | 178 | 204 | 223 | 230 | 272 | 301 |
OPM % | 19% | 20% | 19% | 18% | 21% | 21% |
Other Income + | 32 | 35 | 25 | 28 | 43 | 44 |
Interest | 12 | 10 | 11 | 12 | 17 | 21 |
Depreciation | 19 | 21 | 21 | 22 | 26 | 27 |
Profit before tax | 179 | 208 | 216 | 223 | 272 | 296 |
Tax % | 21% | 24% | 24% | 23% | 23% | |
Net Profit + | 141 | 158 | 165 | 172 | 208 | 226 |
EPS in Rs | 64.22 | 76.83 | 79.92 | 84.5 | 102.16 | 112.13 |
Dividend Payout % | 26% | 3% | 9% | 4% | 3% |
The financial performance of Garware Technical Fibres has demonstrated consistent growth over the past five years, underpinned by its strategic operations and Strong market presence. The company’s Sales increased steadily from ₹953 crore in March 2020 to ₹1,428 crore in the trailing twelve months (TTM), reflecting its ability to expand its customer base and market reach. Correspondingly, Operating Profit rose from ₹178 crore to ₹301 crore during the same period, supported by an improvement in the Operating Profit Margin (OPM), which increased from 19% to 21% in the TTM period, signaling enhanced operational efficiency.
The company’s profitability has also seen a healthy trajectory, with Net Profit increasing from ₹141 crore in March 2020 to ₹226 crore in the TTM. This growth is mirrored in the rise of Earnings Per Share (EPS), which improved significantly from ₹64.22 to ₹112.13, indicating value creation for shareholders. The increase in Other Income, from ₹32 crore in March 2020 to ₹44 crore in the TTM, further bolstered profitability, while manageable increases in Interest and Depreciation expenses highlight prudent financial management and ongoing investments in operations.
Despite its strong financial performance, Garware Technical Fibres has adopted a conservative approach to dividend distribution, with Dividend Payout Percentages averaging around 5% over the years. This indicates a focus on reinvesting profits to drive future growth and sustain competitive advantages. These financial trends highlight the company’s resilience, operational efficiency, and its commitment to creating long-term value for stakeholders.
FAQs
Answer: The projected maximum Garware Technical Fibres share price for 2025 is Rs. Rs 5,490.39, and the minimum is Rs 3,595.40.
Answer: You can view the latest Garware Technical Fibres share price on the official Garware Technical Fibres website or on any financial news website.
Is investing in Garware Technical Fibres a good idea?
Answer: Investing in Garware Technical Fibres is a subjective matter and depends on your risk appetite and the current market conditions.
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Conclusion
In conclusion, Garware Technical Fibres Ltd. has established itself as a leader in the technical textiles and engineered polymer solutions industry. With a solid financial foundation, innovative product offerings, and a strong commitment to operational excellence, the company continues to deliver exceptional value to its stakeholders. Its strategic initiatives and focus on sustainable growth ensure a promising trajectory, reinforcing its position as a key player in the global market.
What did we learn? [hide]
- 1 Shareholdings Patterns of Garware Technical Fibres
- 2 How to Purchase Garware Technical Fibres Shares?
- 3 Garware Technical Fibres Share Price Prediction 2025, 2026 to 2030
- 3.1 Garware Technical Fibres Share Price Target 2025
- 3.2 Garware Technical Fibres Share Price Target 2026
- 3.3 Garware Technical Fibres Share Price Prediction 2027
- 3.4 Garware Technical Fibres Share Price Prediction 2028
- 3.5 Garware Technical Fibres Share Price Target 2029
- 3.6 Garware Technical Fibres Share Price Prediction 2030
- 4 Garware Technical Fibres Financial Condition
- 5 FAQs
- 6 Conclusion