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What’s Your Call?
Collective community sentiment on Garware Marine Industries Ltd
Your Vote -
Buy
75.00%
Hold
0.00%
Sell
25.00%
75.00%
8 users have voted
Option Chain
Analyzes market sentiment, predicts Garware Marine Industries Ltd' movement.
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News
Media spotlight triggers stock stock attention, sentiment.
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Garware Marine - Board Meeting Outcome for The Outcome Of The Board Meeting Dated 19Th May, 2025
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Garware Marine - Shareholder Meeting / Postal Ballot-Scrutinizer\s Report
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Garware Marine - Shareholder Meeting / Postal Ballot-Outcome of EGM
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Garware Marine - Board Meeting Intimation for Notice Of The Board Meeting Dtd 19Th May, 2025, Monday.
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Garware Marine - Notice Of Extra Ordinary General Meeting Of The Company Dtd 16Th May, 2025
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Garware Marine - Announcement As Per Reg 30 Of SEBI Regulations, 2015
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Garware Marine - Board Meeting Outcome for Outcome Of The Board Meeting Held Today 22Nd April, 2025.
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Garware Marine has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025
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Garware Marine - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Key fundamentals
Evaluate the intrinsic value of Garware Marine Industries Ltd stock
| Name | March-24 | March-23 | March-22 | March-21 | March-20 |
|---|---|---|---|---|---|
| Assets | 11.0476 | 7.9109 | 11.1881 | 5.7461 | 5.049 |
| Liabilities | 11.0476 | 7.9109 | 11.1881 | 5.7461 | 5.049 |
| Equity | 5.7662 | 5.7662 | 5.7662 | 5.7661 | 5.7661 |
| Gross Profit | -0.1122 | 0.1188 | 0.0146 | 0.147 | 0.0879 |
| Net Profit | -0.0681 | 0.1158 | 0.0143 | 0.1419 | 0.079 |
| Cash From Operating Activities | -0.0222 | -0.0827 | 0.0966 | 0.1791 | -0.0104 |
| NPM(%) | -10.29 | 9.45 | 0.9 | 10.93 | 7.05 |
| Revenue | 0.6617 | 1.2243 | 1.5836 | 1.2989 | 1.1194 |
| Expenses | 0.7739 | 1.1055 | 1.569 | 1.1518 | 1.0314 |
| ROE(%) | -0.59 | 1 | 0.12 | 1.23 | 0.68 |
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 Marine Industries Ltd
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| Amber Fabrics Ltd | 16.00 | 1.59 | 0.00 | 13.03 | 0.11 | 0.00 |
| Jaisukh Dealers Ltd | 325.00 | 0.00 | 0.00 | 35.16 | -0.93 | 0.00 |
| Logica Infoway Ltd | 238.00 | -0.73 | 46.58 | 42.52 | 45.49 | 0.00 |
| Inox Green Energy Services Ltd | 180.85 | -0.36 | 188.49 | 729.90 | 7.60 | 0.00 |
Company Info
YEAR EVENTS 1975 - The company was incorporated on 8th August, at Mumbai. It manufacturers fishing nets, ropes and twine from synthetic material artificial fibre such as Nylon, rayon, filament and feet and from Nature fibres such as cotton wool, silk, hemp and jute. The company also manufacturers PVC floats and nylon monofilament. - The Company was promoted by B.D. Garware. Maharashtra Rajya Machhimar Sahakari Sangh, Ltd. had been associated with the Company since its inception and subscribed for preference shares of the Company of the face value of Rs. 5 lakhs at the time of promotion. 1976 - 2,20,000 No. of equity shares held by promoters, etc. Financial institutions subscribed for 1,00,000 No. of equity shares. Maharashtra Rajya Machhimar Sahakar Sangh Ltd., held all the Pref. shares. Pref. shares redeemable during 2nd November 1989/92 at 3 months notice. 1977 - The Company commenced business activities in November. 1979 - The company was granted an industrial licence for undertaking the manufacture of expanded PVC floats with an annul capacity of 240 tonnes in collaboration with Bakelittfabrikken A/S, Norway. A letter of intent was received for the manufacture of 120 tonnes per annum of nylon monofilament essentially for captive consumption. 1980 - In June, the Company entered into a technical collaboration agreement with Bakelittfabrikken A/s (BEAS) of Norway, for the manufacture of expanded PVC floats. Besides supplying the know-how, the colalborators agreed to assist the Company to export the products and permit the Company to use their trade mark "SCANMARIN" in the export market. - Pref. dividend raised from 9.5% to 11% per annum. 3,20,000 bonus No. of equity shares issued in prop. 1:1. 1981 - The name of the Company was changed from Modern Nets, Ltd. to Garware Marine Industries, Ltd. with effect from 17th December. 1982 - 10,00,000 No. of equity shares issued at par of which 1,96,400 shares reserved and allotted to promoters etc. The balance 8,03,600 shares offered for public subscription in Dec. 1981. 1984 - There was labour unrest and strike in the Ahmednagar factory during June-August. - The Company issued and allotted 87,290 non-convertible debentures of Rs. 100 each for Rs. 87,29,000 to UTI on private placement basis for working capital purposes. - The Company revalued its leasehold lands, factory buildings, plant and machinery as on 1st April. The resultant surplus arising out of this was credited to revaluation reserve. 1985 - The operations at the Ahmednagar unit were adversely affected due to labour problem which resulted in declaration of a lock-out of a major part of the plant in the middle of July 1986. 1987 - The lock-out at the net-making section at Ahmednagar was lifted from 1st August. 1991 - The Company issued 1,00,000 - 15% secured redeemable non-convertible debentures of Rs. 100 each to BOI Mutual Fund on private placement basis. 1992 - During May, the Company issued 16,40,000 No. of equity shares of Rs. 10 each at a premium of Rs. 5 per share to shareholders as rights in proportion 1:1. Additional 2,46,000 shares were allotted to retain oversubscription. - Another 82,000 shares were offered to employees on an equiable basis at a premium of Rs. 5 per share. Only 9,100 shares taken up. The remaining 72,900 shares were taken up by SBI Mutual Fund. - In September 1994, the Company issued a rights issue of 14,43,200 No. of equity shares of Rs. 10 each at a premium of Rs. 15 per share to the existing shareholders in the rates of 2:5 shares. Another 72,160 shares were covered to the employees on an equitable basis (Details of allotment not know). 1993 - 19,68,000 shares issued as Rights shares. 2009 --Registered Office of the Company has been shifted to Swapnabhoomi, 'A' Wing, S K Bole Road, Dadar (W), Mumbai - 400 028. 2011 -The Board of Directors of the Company has recommended dividend of 5% i.e. Re. 0.50 per share. -Mrs. Pooja N., has been appointed as the Company Secretary of the Company . 2014 -The Board of Directors of the Company has considered and approved the appointment of Mrs. Shefali S. Bajaj as an Additional Director of the Company. -The Registered Office of the Company is shifted from 302, Swapnabhoomi, "A" Wing, S. K. Bole Road, Dadar (West), Mumbai - 400 028 to 102, Buildarch Wisteria, 1st Floor, Ram Maruti Road, Dadar (W), Mumbai - 400 028
YEAR EVENTS 1975 - The company was incorporated on 8th August, at Mumbai. It manufacturers fishing nets, ropes and twine from synthetic material artificial fibre such as Nylon, rayon, filament and feet and from Nature fibres such as cotton wool, silk, hemp and jute. The company also manufacturers PVC floats and nylon monofilament. - The Company was promoted by B.D. Garware. Maharashtra Rajya Machhimar Sahakari Sangh, Ltd. had been associated with the Company since its inception and subscribed for preference shares of the Company of the face value of Rs. 5 lakhs at the time of promotion. 1976 - 2,20,000 No. of equity shares held by promoters, etc. Financial institutions subscribed for 1,00,000 No. of equity shares. Maharashtra Rajya Machhimar Sahakar Sangh Ltd., held all the Pref. shares. Pref. shares redeemable during 2nd November 1989/92 at 3 months notice. 1977 - The Company commenced business activities in November. 1979 - The company was granted an industrial licence for undertaking the manufacture of expanded PVC floats with an annul capacity of 240 tonnes in collaboration with Bakelittfabrikken A/S, Norway. A letter of intent was received for the manufacture of 120 tonnes per annum of nylon monofilament essentially for captive consumption. 1980 - In June, the Company entered into a technical collaboration agreement with Bakelittfabrikken A/s (BEAS) of Norway, for the manufacture of expanded PVC floats. Besides supplying the know-how, the colalborators agreed to assist the Company to export the products and permit the Company to use their trade mark "SCANMARIN" in the export market. - Pref. dividend raised from 9.5% to 11% per annum. 3,20,000 bonus No. of equity shares issued in prop. 1:1. 1981 - The name of the Company was changed from Modern Nets, Ltd. to Garware Marine Industries, Ltd. with effect from 17th December. 1982 - 10,00,000 No. of equity shares issued at par of which 1,96,400 shares reserved and allotted to promoters etc. The balance 8,03,600 shares offered for public subscription in Dec. 1981. 1984 - There was labour unrest and strike in the Ahmednagar factory during June-August. - The Company issued and allotted 87,290 non-convertible debentures of Rs. 100 each for Rs. 87,29,000 to UTI on private placement basis for working capital purposes. - The Company revalued its leasehold lands, factory buildings, plant and machinery as on 1st April. The resultant surplus arising out of this was credited to revaluation reserve. 1985 - The operations at the Ahmednagar unit were adversely affected due to labour problem which resulted in declaration of a lock-out of a major part of the plant in the middle of July 1986. 1987 - The lock-out at the net-making section at Ahmednagar was lifted from 1st August. 1991 - The Company issued 1,00,000 - 15% secured redeemable non-convertible debentures of Rs. 100 each to BOI Mutual Fund on private placement basis. 1992 - During May, the Company issued 16,40,000 No. of equity shares of Rs. 10 each at a premium of Rs. 5 per share to shareholders as rights in proportion 1:1. Additional 2,46,000 shares were allotted to retain oversubscription. - Another 82,000 shares were offered to employees on an equiable basis at a premium of Rs. 5 per share. Only 9,100 shares taken up. The remaining 72,900 shares were taken up by SBI Mutual Fund. - In September 1994, the Company issued a rights issue of 14,43,200 No. of equity shares of Rs. 10 each at a premium of Rs. 15 per share to the existing shareholders in the rates of 2:5 shares. Another 72,160 shares were covered to the employees on an equitable basis (Details of allotment not know). 1993 - 19,68,000 shares issued as Rights shares. 2009 --Registered Office of the Company has been shifted to Swapnabhoomi, 'A' Wing, S K Bole Road, Dadar (W), Mumbai - 400 028. 2011 -The Board of Directors of the Company has recommended dividend of 5% i.e. Re. 0.50 per share. -Mrs. Pooja N., has been appointed as the Company Secretary of the Company . 2014 -The Board of Directors of the Company has considered and approved the appointment of Mrs. Shefali S. Bajaj as an Additional Director of the Company. -The Registered Office of the Company is shifted from 302, Swapnabhoomi, "A" Wing, S. K. Bole Road, Dadar (West), Mumbai - 400 028 to 102, Buildarch Wisteria, 1st Floor, Ram Maruti Road, Dadar (W), Mumbai - 400 028
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Parent Organisation
Garware Marine Industries Ltd.
Founded
08/08/1975
Managing Director
Mr.Aditya A Garware
NSE Symbol
FAQ
The current price of Garware Marine Industries Ltd is
The 52-week high for Garware Marine Industries Ltd is
The market capitalization of Garware Marine Industries Ltd is currently This value can fluctuate based on stock price movements and changes in the number of shares outstanding.
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The CEO of Garware Marine Industries Ltd is Mr.Aditya A Garware, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.
