AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 17 Sep - Garware Technical Fibres schedules a plant visit at Wai on September 22, 2026.
Source: Bse
Garware Technical Fibres Limited (GARFIBRES)
Small CapIndustrials stocks · Small cap · NSE
Garware Technical Fibres Limited operates in Technical Textiles, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
₹765.95
-1.25 · -0.16%
Market cap ₹7,525 Cr
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm ISTDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result05 Aug, 09:43 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags03 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Industrials P/E 26.2 (n=537)
Technical timing lens
Trend score and candlestick chart
48NeutralSMA20 -4.1% / mo · MACD −
Stock trend: 46
Sector RS: 50
Sector 3M: -6.3% vs Nifty 500 -5.6%
Industrials FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
GARFIBRESD candles · FIT view+22.1%Latest close ₹765.95 on 2026-10-19
Bar
+0.7%
RSI
44
MACD hist
-0.23
52W pos
66%
2026-10-19O ₹761.00H ₹770.35L ₹758.10C ₹765.95Vol 22,459 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
GARFIBRESNifty India ManufacturingNifty 500
- GARFIBRES
- -1.1%
- Nifty 500
- -5.6%
- Nifty India Manufacturing
- -5.8%
- Vs Nifty 500
- +4.5 pp
Chart stats
19 Oct 2026- From 52W high
- -11.3%
- 52W range position
- 66%
- ATR (14)
- 2.9%
- Volume vs 20D
- 0.82x
- Avg traded value
- ₹2 Cr
- 20D price channel
- ₹750 - ₹822.5
₹863.4
₹579.8 - ₹863.4
₹21.9
Latest completed session
20-session average
16.4% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · WATCHLIST42
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Good62
Revenue +31.3% · PAT +22.6% YoY
Technical
Neutral48
Price trend and sector-relative-strength timing.
Valuation
Legacy model-155.4%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence77
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Good · 62/100Rev +31% YoY · PAT +23% YoY · +13% QoQ · margin compression
Filed 05 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹482 Cr | +31.3% | +13.2% |
| EBITDA | ₹90 Cr | +32.4% | -6.3% |
| Operating margin | 19.0% | +0 bps | -400 bps |
| PAT | ₹65 Cr | +22.6% | +14.0% |
| PAT margin | 13.5% | -95 bps | +11 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 34.10
- P/B
- 5.67
- EV/EBITDA
- 22.13
- Market Cap
- 7525.00Cr
Profitability
- ROE
- 16.10%
- ROCE
- 22.00%
- ROA
- 11.18%
- Dividend Y
- 1.17%
Growth (CAGR)
- Revenue 5Y
- 8.00%
- EPS 5Y
- 6.00%
- Revenue 3Y
- 5.00%
- EPS 3Y
- 7.00%
Balance Sheet
- Debt/Equity
- 0.03
- Interest Coverage
- 21.86×
- Altman Z
- 8.61
- Book Value
- 136.00
Cash Flow
- FCF Yield
- 3.06%
- FCF Positive Y
- 10/5
- OCF
- 162.00 Cr
- EPS TTM
- 21.29
Shareholding
- Promoter Hold
- 54.25%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 68%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 482+13.1% vs prev
Net Profit
₹ CrLatest: 65.0+14.0% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
NeutralTrend is undirectional — long-term uptrend intact. RSI 44.
- Price above SMA200 (long-term uptrend) but mid-term MAs not aligned.
- SMA20 falling (~4.3% over last month) — short-term momentum negative.
- RSI(14) at 44 — sideways, no extreme reading.
- MACD below signal but histogram contracting — bearish momentum easing.
- 11% off 52W high · 32% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
69
RS percentile
Stage 2 UptrendEstablished S2
1M return
-6.5%
3M return
-1.1%
6M return
+18.8%
1Y return
-1.3%
RS 1D
+2
RS 20D
+1
Sector rank
#2
Industry rank
-
Stage evidence
- Price is 7.5% above the 30-week proxy.
- The 50-DMA is above the 30-week proxy and its slope is rising +2.8%.
50-DMA
price below
200-DMA
price above
S2 entered
09 Jul 2026
S2 age
71 trading sessions
Sector
leading
Industry
unranked
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 100.96+0.87%
RS vs Nifty 500101
Valuation & peers
U-Score 42 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Valuation & peers
U-Score 42 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
WATCHLIST
Fundamental score breakdown
U band · WATCHLISTValuation0/30
Growth7/25
Quality12/20
Balance Sheet11/15
Cash Flow7/10
Piotroski
8/9 (+5)
Penalties
0
Raw sum
42
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
42/100 · legacy band WATCHLIST
Positive drivers
- FCF yield is supportive at 3.1%.
- Piotroski is strong at 8/9.
- Balance sheet contributes 11/15 to the score.
Main drags
- Fair-value margin of safety is negative at -155.4%.
- Valuation is weaker at 0/30; verify the latest quarterly trend.
- Growth is weaker at 7/25; verify the latest quarterly trend.
Sector valuation model
Cyclical valuation: normalized earnings, not just trailing PE
Cyclical companies can look cheapest near peak profits, so IndiaPulse flags value-trap risk separately.
Primary lens
Mid-cycle PE/EV/EBITDA using multi-year average margins or earnings.
Secondary checks
Current margin versus 5-year average, balance sheet strength, commodity cycle.
Main risk check
A low trailing PE may mean peak-cycle earnings, not true cheapness.
PE
34.1
PB
5.7
EV/EBITDA
22.1
ROE
16.1%
ROCE
22.0%
FCF Yield
3.1%
Debt/Equity
0.0
MoS
-155.4%
Cyclical/value-trap warning
This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE.
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
42
Previous: 42
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
-155.4%
Previous: -155.4%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
42
42
42
42
42
42
42
42
42
42
42
42
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹255.24
-200.1% MoS
Growth-justified P/E
14.1
Growth-justified Value
₹299.98
-155.4% MoS
PEG
5.33
Comparable companies
Peers
Business-comparable peers in Industrials — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
BTTL
Small
Bhilwara Technical Textiles Limited
Technical Textiles
match 79
26
100.0
5.4%
-392%
OVERVALUED
SHRITECH
SME
Shri Techtex Ltd.
Textiles
match 30
67
7.7
17.7%
+67%
UNDERVALUED
KINGFA
Small
Kingfa Science & Technology (India) Limited
Plastics
match 21
53
40.0
17.4%
+2%
FAIR VALUE
AGI
Small
AGI Greenpac Limited
Packaging
match 17
81
13.8
15.7%
+67%
DEEP VALUE
CARYSIL
Small
CARYSIL LIMITED
Building Materials
match 17
51
27.2
17.4%
+32%
FAIR VALUE
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Garware Technical Fibres Limited operates in Technical Textiles, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
77Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 83rd percentile of the scored universe and 83rd percentile within Industrials. Main check: results consistency is weak at 48/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
36 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
83rd percentile
overall median 67 · Industrials: 83rd pctile, median 68 · Small: 86th pctile, median 66
Evidence depth
Financial-only
36 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
82
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
96
strong · leverage and solvency
Discipline
74
acceptable · capital discipline
Results
48
watch · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸Promoter holding increased 1.3%.
- ▸FCF yield is positive at 2.9%.
- ▸10 years of positive FCF.
Trust risks
- ▸1 of the latest 4 quarters had PAT decline worse than 25% YoY.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Garware Technical Fibres Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 30 Sep - Copy of the Notice published in Financial Express (All India) and Loksatta (Pune) editions on Wednesday, 30th September, 2026 under the signature of Mr. Sunil …
Source: Bse
Annual reportSep 2026
Sep 2026 · Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 17 Aug - 49th AGM on 8 September 2026; annual report dispatched and shareholders asked to update KYC.
Source: Bse
Annual reportSep 2026
Sep 2026 · Submission Of 49Th Annual Report For The Financial Year 2025-26 Along With Notice Of 49Th Annual General Meeting Of The Company 17 Aug - 49th AGM on 8 Sep 2026; FY26 annual report issued, final dividend Rs1/share proposed.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Change in Management 8 Sep - AGM approved Dr. Rajpathak’s five-year independent director reappointment and V.R. Garware’s five-year Chairman and Managing Director reappointment.
Source: Bse
AnnouncementAug 2026
Aug 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 18 Aug - Copy of the Notice published in Business Standard (All India) and Loksatta (Pune) editions on Tuesday, 18th August, 2026 under the signature of Mr. Sunil …
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 13 Aug - In terms of the provisions of Regulation 47 and Regulation 30 read with Schedule III of the SEBI (LODR) Regulations, 2015, we are enclosing herewith …
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 6 Aug - The copy of newspaper advertisment ....
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Press Release / Media Release 5 Aug - Q1FY27 consolidated net sales rose 31.4% to Rs.482.4 Cr; PBT Rs.86.4 Cr, PAT Rs.64.5 Cr.
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Post Buyback Public Announcement 11 Jun - Post-buyback public announcement published for 16,17,500 shares at ₹680 each on June 11, 2026.
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Closure of Buy Back 16 Jun - Garware Technical Fibres extinguished 16,17,500 buyback shares at ₹680 each on June 16, 2026.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 24 Jun - The copy of the Notice published ....
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.