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GARFIBRES - Garware Technical Fibres Share Price

₹1689.55 6.6  0.4%

Last Trade - 11:20am

Sector
Consumer Cyclicals
Size
Mid Cap
Market Cap £359.4m
Enterprise Value £359.6m
Revenue £97.2m
Position in Universe 375th / 2996
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +14.5%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -5.63%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Mar 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
7,822 8,248 8,493 8,855 10,178 9,531 10,668 +4.0%
+72.8 +44.0 +35.7 +24.6 +19.4 +11.8 +10.7
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the fiscal year ended 31 March 2020, Garware Technical Fibres Ltd revenues decreased 6% to RS9.53B. Net income increased 12% to RS1.41B. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income reflects Balancing Item - Pretax Income increase from RS1K (expense) to RS1K (income). Dividend per share increased from RS5.00 to RS7.00.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
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Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Latest News & Insights for GARFIBRES
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
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Profile Summary

Garware Technical Fibres Ltd, formerly Garware-Wall Ropes Limited, is an India-based technical textiles company. The Company provides solutions in aquaculture cage nets, fishing nets, sports nets, safety nets, agricultural nets, coated fabrics, polymer ropes and geosynthetics. Its fisheries solutions include trawling, gill netting, dole netting and purse seine. Aquaculture solutions include grow out cage/nursery, predator cage and lice shields. Shipping and industrial solutions include mooring, towing, power transmission, submersible pumps, specialty ropes and fall protection. Yarn and threads solutions include doll hair, woven sack and weaving. Sports solutions include sports net and fitness rope/battle ropes. Agriculture solutions include protected cultivation, hail protection, water storage and harvesting. The Company’s geosynthetics solutions include reinforced soil structures, coastal and river protection works and gabion gravity retaining walls.

Directors
Last Annual March 31st, 2020
Last Interim March 31st, 2020
Incorporated April 1, 1976
Public Since May 1, 1976
No. of Shareholders: n/a
No. of Employees: 1,250
Sector Consumer Cyclicals
Industry Textiles & Apparel
Index
Exchange National Stock Exchange of India
Shares in Issue 20,935,560
Free Float (0.0%)
Eligible for
ISAs
SIPPs
GARFIBRES Share Price Performance
Share Price
Bid - Ask
Low - High
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Day's Change
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Latest News for GARFIBRES
Upcoming Events for GARFIBRES
Friday 28th August, 2020
Garware Technical Fibres Ltd Annual Shareholders Meeting
Frequently Asked Questions for Garware Technical Fibres
What is the Garware Technical Fibres share price?

As of 11:20am, shares in Garware Technical Fibres are trading at ₹1689.55, giving the company a market capitalisation of £359.4m. This share price information is delayed by 15 minutes.

How has the Garware Technical Fibres share price performed this year?

Shares in Garware Technical Fibres are currently trading at ₹1689.55 and the price has moved by 53.8% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Garware Technical Fibres price has moved by 51.15% over the past year.

What are the analyst and broker recommendations for Garware Technical Fibres?

Of the analysts with advisory recommendations for Garware Technical Fibres, there are there are currently 0 "buy" , 0 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Garware Technical Fibres is Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will Garware Technical Fibres next release its financial results?

Garware Technical Fibres is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-03-31
What is the Garware Technical Fibres dividend yield?

The Garware Technical Fibres dividend yield is 0.42% based on the trailing twelve month period.

Does Garware Technical Fibres pay a dividend?

Last year, Garware Technical Fibres paid a total dividend of 7, and it currently has a trailing dividend yield of 0.42%. Looking ahead, Garware Technical Fibres has not announced an ex-dividend date yet.

When does Garware Technical Fibres next pay dividends?

Garware Technical Fibres has yet to annouce their ex-dividend date. The historic dividend yield on Garware Technical Fibres shares is currently 0.42%.

How do I buy Garware Technical Fibres shares?

To buy shares in Garware Technical Fibres you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Garware Technical Fibres?

Shares in Garware Technical Fibres are currently trading at ₹1689.55, giving the company a market capitalisation of £359.4m.

Where are Garware Technical Fibres shares listed? Where are Garware Technical Fibres shares listed?

Here are the trading details for Garware Technical Fibres:

Country of listing: India
Exchange: NSI
Ticker Symbol: GARFIBRES
What kind of share is Garware Technical Fibres?

Based on an overall assessment of its quality, value and momentum, Garware Technical Fibres is currently classified as a High Flyer. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Garware Technical Fibres share price forecast 2020?

Shares in Garware Technical Fibres are currently priced at ₹1689.55. At that level they are trading at 16.58% premium to the analyst consensus target price of 0.00.

Analysts covering Garware Technical Fibres currently have a consensus Earnings Per Share (EPS) forecast of 71.08 for the next financial year.

How can I tell whether the Garware Technical Fibres share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Garware Technical Fibres. Over the past six months, the relative strength of its shares against the market has been 18.63%. At the current price of ₹1689.55, shares in Garware Technical Fibres are trading at 28.9% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Garware Technical Fibres PE Ratio?

The Garware Technical Fibres PE ratio based on its reported earnings over the past 12 months is 26.21. The shares are currently trading at ₹1689.55.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Garware Technical Fibres?

Garware Technical Fibres's management team is headed by:

Vayu Garware - CHM
S. Kulkarni - NID
Diya Ibanez - NED
M.V. Garware - DRC
S.H Bamne - CFO
A.D Goel - DRC
Sunil Agarwal - CCO
S. Rajpathak - NED
Who are the major shareholders of Garware Technical Fibres?

Here are the top five shareholders of Garware Technical Fibres based on the size of their shareholding:

Garware (V R) Individual Investor
Percentage owned: 17.04% (3.57m shares)
Garware Capital Markets, Ltd. Corporation
Percentage owned: 17.02% (3.56m shares)
VMIR Investments, Ltd. Corporation
Percentage owned: 4.4% (922k shares)
VRG Investments, Ltd. Corporation
Percentage owned: 4.21% (881k shares)
Vimlabai Garware Research Institute Corporation
Percentage owned: 2.82% (590k shares)
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