Garware Technical Key Ratios
NSE: GARFIBRES | BSE: 509557
₹753.60
As on 04-Nov-2026IST
Market cap
₹7,352 Cr
Revenue (TTM)
₹1,759 Cr
P/E Ratio
31.1
P/B Ratio
5.2
Div. Yield
1.2 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -4.09 | 32.98 | 17.37 | 10.63 | 9.08 |
| EBIT | -13.12 | 76.29 | 20.39 | 9.24 | 8.22 |
| Net Profit | -9.35 | 83.41 | 21.05 | 8.80 | 7.85 |
| EPS | -9.35 | 86.44 | 17.04 | 8.59 | 8.02 |
| Book Value | -- | -- | 9.09 | 11.01 | 11.64 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 17.17 | 16.29 | 17.03 | 15.03 | 17.99 |
| Net Margin
| 14.37 | 13.69 | 13.12 | 12.43 | 14.55 |
| Return on equity
| 17.22 | 17.70 | 17.88 | 15.29 | 18.71 |
| Return on Capital
| 22.38 | 22.66 | -- | 20.98 | 24.74 |
| Return on Assets
| 12.22 | 12.16 | 12.29 | 10.92 | 13.13 |
| Debt to Equity (x)
| -- | -- | 0.01 | 0.03 | 0.05 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Technical
|
--
|
20.98
|
24.74
|
23.10
|
21.38
|
|
Peer Median
|
--
|
7.65
|
9.46
|
8.67
|
--
|
ROE
17.88
Higher than Peers by 10.10
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Technical
|
17.88
|
15.29
|
18.71
|
18.69
|
17.33
|
|
Peer Median
|
7.78
|
5.61
|
6.88
|
6.37
|
--
|
ROA
12.29
Higher than Peers by 8.59
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Technical
|
12.29
|
10.92
|
13.13
|
12.88
|
11.84
|
|
Peer Median
|
3.70
|
2.88
|
2.80
|
3.52
|
--
|
EBIT Margin
17.03
Higher than Peers by 12.64
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Technical
|
17.03
|
15.03
|
17.99
|
18.04
|
14.92
|
|
Peer Median
|
4.39
|
4.87
|
7.14
|
4.95
|
--
|
Net Margin
13.12
Higher than Peers by 9.28
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Technical
|
13.12
|
12.43
|
14.55
|
15.29
|
12.79
|
|
Peer Median
|
3.84
|
5.38
|
4.30
|
3.61
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Technical
|
--
|
15.10
|
16.73
|
17.69
|
14.80
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
17.37
Higher than Peers by 7.42
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Technical
|
17.37
|
-0.74
|
16.18
|
1.54
|
9.77
|
|
Peer Median
|
9.95
|
10.71
|
9.06
|
1.11
|
--
|
EBIT Growth
20.39
Higher than Peers by 6.06
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Technical
|
20.39
|
-17.06
|
15.89
|
22.76
|
6.00
|
|
Peer Median
|
14.33
|
37.01
|
55.67
|
13.24
|
--
|
Net Profit Growth
21.05
Higher than Peers by 1.87
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Technical
|
21.05
|
-14.31
|
10.12
|
22.11
|
4.50
|
|
Peer Median
|
19.18
|
10.91
|
49.04
|
13.99
|
--
|
EPS Growth
17.04
Lower than Peers by 1.35
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Technical
|
17.04
|
-14.19
|
13.02
|
22.11
|
5.73
|
|
Peer Median
|
18.39
|
11.35
|
47.37
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Technical
|
--
|
9.09
|
0.62
|
21.40
|
4.72
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.01
Lower than Peers by 0.02
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Technical
|
0.01
|
0.03
|
0.05
|
0.10
|
0.13
|
|
Peer Median
|
0.03
|
0.35
|
0.55
|
0.45
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Technical
|
--
|
0.01
|
0.05
|
0.10
|
0.13
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.53
Higher than Peers by 0.87
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Technical
|
2.53
|
2.74
|
1.88
|
1.92
|
1.42
|
|
Peer Median
|
1.66
|
1.72
|
1.42
|
1.32
|
--
|
Quick Ratio
1.63
Higher than Peers by 0.61
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Technical
|
1.63
|
1.82
|
1.28
|
1.39
|
0.92
|
|
Peer Median
|
1.02
|
1.03
|
0.86
|
0.89
|
--
|
Interest Coverage
24.89
Higher than Peers by 18.74
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Technical
|
24.89
|
20.87
|
16.40
|
16.79
|
19.67
|
|
Peer Median
|
6.15
|
4.90
|
2.81
|
3.02
|
--
|
Operating Efficiency
Debtors to sales
17.62
Lower than Peers by 0.19
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Technical
|
17.62
|
18.10
|
20.57
|
19.79
|
17.93
|
|
Peer Median
|
17.82
|
21.50
|
18.29
|
15.98
|
--
|
Asset Turnover
0.91
Lower than Peers by 0.03
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Technical
|
0.91
|
0.85
|
0.88
|
0.82
|
0.90
|
|
Peer Median
|
0.95
|
1.05
|
1.05
|
1.06
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Technical
|
--
|
70.22
|
68.03
|
67.86
|
68.33
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Technical
|
--
|
79.06
|
61.82
|
64.40
|
60.87
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Technical
|
--
|
210.75
|
203.87
|
210.09
|
176.02
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Technical
|
--
|
-61.46
|
-74.01
|
-77.83
|
-46.82
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
31.07
Higher than Peers by 0.49
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Technical
|
31.07
|
30.17
|
37.02
|
6.44
|
34.40
|
|
Peer Median
|
30.58
|
30.16
|
31.56
|
26.62
|
--
|
Price / Book Value
5.23
Higher than Peers by 3.47
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Technical
|
5.23
|
4.43
|
6.90
|
5.49
|
5.83
|
|
Peer Median
|
1.76
|
2.07
|
2.42
|
1.15
|
--
|
Dividend Yield
1.20
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Technical
|
1.20
|
1.49
|
0.17
|
0.09
|
0.12
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
19.08
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Technical
|
19.08
|
17.79
|
24.05
|
21.34
|
23.35
|
|
Peer Median
|
--
|
18.39
|
17.37
|
13.15
|
--
|
Market Cap
7,352
Higher than Peers by 6,965
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Technical
|
7,352
|
5,995
|
8,572
|
6,772
|
5,924
|
|
Peer Median
|
388
|
329
|
367
|
272
|
--
|