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Garware Technical Fibres Ltd

NSE: GARFIBRES BSE: 509557

642.40

(0.52%)

Mon, 09 Mar 2026, 07:16 pm

Garware Technical Fibres Analysis

dividend

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Pros

  • Dividends per share have increased over the past 10 years.
  • Dividends paid are thoroughly covered by earnings (12.9x coverage).
  • Dividends per share have been stable in the past 10 years.
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Cons

  • Garware Technical Fibres's pays a lower dividend yield than the bottom 25% of dividend payers in India (0.76%).
  • Garware Technical Fibres's dividend is below the markets top 25% of dividend payers in India (3.08%).

health

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Pros

  • Garware Technical Fibres is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Garware Technical Fibres is profitable, therefore cash runway is not a concern.
  • Garware Technical Fibres is profitable, therefore cash runway is not a concern.
  • Debt is well covered by operating cash flow (97.2%, greater than 20% of total debt).
  • Debt is covered by short term assets, assets are 3.6x debt.
  • Garware Technical Fibres's cash and other short term assets cover its long term commitments.
  • Interest payments on debt are well covered by earnings (EBIT is 18x coverage).
  • Garware Technical Fibres's level of debt (21.1%) compared to net worth is satisfactory (less than 40%).
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Cons

  • The level of debt compared to net worth has increased over the past 5 years (15.7% vs 21.1% today).
  • High level of physical assets or inventory.

management

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Pros

  • The tenure for the Garware Technical Fibres board of directors is about average.
  • Vayu's compensation has been consistent with company performance over the past year, both up more than 20%.
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Cons

  • Vayu's remuneration is higher than average for companies of similar size in India.

misc

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Pros

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    Cons

    • Garware Technical Fibres is not covered by any analysts.
    • Garware Technical Fibres has significant price volatility in the past 3 months.

    past

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    Pros

    • Garware Technical Fibres's year on year earnings growth rate has been positive over the past 5 years.
    • Garware Technical Fibres used its assets more efficiently than the IN Luxury industry average last year based on Return on Assets.
    • Garware Technical Fibres's earnings growth has exceeded the IN Luxury industry average in the past year (17.3% vs 8.3%).
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    Cons

    • Garware Technical Fibres's 1-year earnings growth is less than its 5-year average (17.3% vs 19.9%)
    • Garware Technical Fibres's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
    • Garware Technical Fibres has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).

    value

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    Pros

    • 509557 outperformed the Luxury industry which returned -22.1% over the past year.
    • 509557 outperformed the Market in India which returned -14.5% over the past year.
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    Cons

    • Garware Technical Fibres's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
    • Garware Technical Fibres's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
    • Garware Technical Fibres is overvalued based on assets compared to the IN Luxury industry average.
    • Garware Technical Fibres is overvalued based on earnings compared to the IN Luxury industry average.
    • Garware Technical Fibres is overvalued based on earnings compared to the India market.
    • BSE:509557 is flat (0.7%) underperforming the Luxury industry which returned 9.8% over the past month.
    • BSE:509557 is flat (0.7%) underperforming the market in India which returned 8% over the past month.

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    Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800