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News

Media spotlight triggers stock stock attention, sentiment.

  • Garware Syntheti - Integrated Filing (Financial)

    3 Mar 2025, 5:37PM Submission of Integrated Filing (Financial) for the Quarter and Nine Months ended 31.12.2024
  • Garware Syntheti - Submission Of Record Date For The Purpose Of Extra Ordinary Meeting.

    20 Feb 2025, 5:02PM Submission of Record date for the purpose of Extra Ordinary General Meeting.
  • Garware Syntheti - Notice Of Extra Ordinary General Meeting Scheduled To Be Held On 18.03.2025.

    20 Feb 2025, 4:51PM Submission of Extra Ordinary General Meeting scheduled to be held on 18.03.2025 at 11.00 AM through Video- conference/ Other Audio Visual Means (OAVM)
  • Garware Syntheti - Board Meeting Outcome for Submission Of Outcome Of Board Meeting

    20 Feb 2025, 4:26PM Submission of outcome of Board meeting.
  • Garware Syntheti posts Q3 net loss of Rs 0.10 cr

    13 Feb 2025, 12:20PM The company reported standalone net loss during the quarter stood at Rs 0.10 crore compared to net profit of Rs 0.03 crore in the previous year quarte
  • Garware Syntheti - Submission Of Quarterly Financial Results For The Quarter And Nine Months Ended 31St December, 2024.

    13 Feb 2025, 12:09PM Submission of Quarterly Financial Results along with Limited Review Report for the Quarter and Nine Months ended 31st December, 2024.
  • Garware Syntheti - Board Meeting Outcome for Submission Of Outcome Of Board Meeting

    13 Feb 2025, 12:06PM Submission of Outcome of Board Meeting.
  • Garware Syntheti - Board Meeting Intimation for Meeting To Be Held On 13.02.2025

    3 Feb 2025, 1:18PM GARWARE SYNTHETICS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/02/2025 ,inter alia, to consider
  • Garware Syntheti has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2024

    17 Jan 2025, 5:40PM As of December 2024, 45.78% is owned by Indian Promoters and 54.22% by Public. <p align=justify> Top five Promoters holding highest number of shares o
  • Garware Syntheti - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    15 Jan 2025, 3:36PM Submission of Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018
  • Garware Syntheti - Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

    3 Jan 2025, 4:44PM Submission of intimation under Regulation 30 of SEBI LODR for change in name of the RTA from Link Intime India Private Limited to MUFG Intime India Pr
  • Garware Syntheti - Announcement under Regulation 30 (LODR)-Change in Management

    18 Dec 2024, 4:10PM Approved Appointment of Ms. Ujwala Tate as Chief Executive Officer with immediate effect
  • Garware Syntheti - Board Meeting Outcome for Outcome Of Board Meeting Held On 18Th December,2024

    18 Dec 2024, 4:06PM Outcome of Board Meeting & intimation under Regulation 30 of the Securities and Exchange\r\nBoard of India (Listing Obligations and Disclosure Require

Key fundamentals

Evaluate the intrinsic value of Garware Synthetics Ltd stock 

Name March-24 March-23 March-22 March-21 March-20
Assets 3.2204 9.7161 9.4217 10.2616 10.1718
Liabilities 3.2204 9.7161 9.4217 10.2616 10.1718
Equity 5.8089 5.8089 5.8089 5.8089 5.8089
Gross Profit 0.3696 0.8522 0.9665 1.0604 0.2921
Net Profit -0.0477 0.5782 0.2302 0.583 0.1104
Cash From Operating Activities 0.3867 0.5718 1.3303 0.4095 -0.5245
NPM(%) -0.44 5.07 1.81 7.05 1.21
Revenue 10.6999 11.4006 12.7013 8.2659 9.1135
Expenses 10.3303 10.5484 11.7348 7.2055 8.8214
ROE(%) 2.29 -27.79 -11.06 -28.03 -5.3

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day

Peers

Other companies within the same industry or sector that are comparable to Garware Synthetics Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Prime Urban Development India Ltd 7.98 -4.77 0.00 77.03 -38.30 0.00
Indian Acrylics Ltd 7.31 -2.01 0.00 391.22 -39.94 0.00
Futura Polyesters Ltd 3.85 -3.75 0.00 0.00 -36.55 0.00
SEL Manufacturing Company Ltd 31.16 4.99 0.00 95.79 -582.33 0.00

Company Info

Garware Synthetics Limited (GSL) was incorporated as a Private Limited Company on September 1, 1969, under the name and style of Garware Synthetic Bristles Pvt. Ltd., The name of company was changed to Garware Synthetics Private Limited on September 18, 1874. GSL was converted into a Public Limited company on June 8, 1992 and accordingly a fresh certificate of incorporation has been obtained to this effect. GSL commenced its activities in 1969 and it was one of the first in the country to undertake the manufacture of bristles which was otherwise exclusively imported from USA and Germany. In subsequent years, GSL has consolidated its position in this segment of business with capacities moving from 100 MT per annum in 1969 to 585 MT per annum at present. GSL manufactures a range of nylon bristles which find extensive application in fishing lines, tooth brushes, shaving brushes etc. For over two decades, GSL's products sold under the brand name "Garflom" are, synonymous with high quality and some of their prominent customers are Colgate Palmolive, Hindustan Ciba Geigy etc., Garware Synthetics limited was promoted by the Late Mr. B.D. Garware and his family, who are the pioneers in the field of manufacturing of Thermoplastics. The present promoter Mr. Chandrakant Bhalchandra Garware has been instrumental in developing the business plan for GSL and was responsible for its growth. Garware Paints Limited (GPL) is the other company controlled by Mr. C.B. Garware. In 1946, the Garware group acquired a major stake in a British company called M/s. Blundel Fomite Paints Limited. The name was later changed to Garware Paints Limited in November 1978. 2003 Garware Synthetics Ltd has informed BSE that it has appointed new Company Secretary Mr Vinay T Nagaonkar with effect from January 25, 2003. Mr Pratap Salin, Company Secretary of the Company has resigned with effect from January 24, 2003.

Garware Synthetics Limited (GSL) was incorporated as a Private Limited Company on September 1, 1969, under the name and style of Garware Synthetic Bristles Pvt. Ltd., The name of company was changed to Garware Synthetics Private Limited on September 18, 1874. GSL was converted into a Public Limited company on June 8, 1992 and accordingly a fresh certificate of incorporation has been obtained to this effect. GSL commenced its activities in 1969 and it was one of the first in the country to undertake the manufacture of bristles which was otherwise exclusively imported from USA and Germany. In subsequent years, GSL has consolidated its position in this segment of business with capacities moving from 100 MT per annum in 1969 to 585 MT per annum at present. GSL manufactures a range of nylon bristles which find extensive application in fishing lines, tooth brushes, shaving brushes etc. For over two decades, GSL's products sold under the brand name "Garflom" are, synonymous with high quality and some of their prominent customers are Colgate Palmolive, Hindustan Ciba Geigy etc., Garware Synthetics limited was promoted by the Late Mr. B.D. Garware and his family, who are the pioneers in the field of manufacturing of Thermoplastics. The present promoter Mr. Chandrakant Bhalchandra Garware has been instrumental in developing the business plan for GSL and was responsible for its growth. Garware Paints Limited (GPL) is the other company controlled by Mr. C.B. Garware. In 1946, the Garware group acquired a major stake in a British company called M/s. Blundel Fomite Paints Limited. The name was later changed to Garware Paints Limited in November 1978. 2003 Garware Synthetics Ltd has informed BSE that it has appointed new Company Secretary Mr Vinay T Nagaonkar with effect from January 25, 2003. Mr Pratap Salin, Company Secretary of the Company has resigned with effect from January 24, 2003.

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Parent Organisation

Garware Synthetics Ltd.

Founded

01/09/1969

Managing Director

NSE Symbol

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The CEO of Garware Synthetics Ltd is , who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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