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News

Media spotlight triggers stock stock attention, sentiment.

  • Garware Syntheti - Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A

    25 Apr 2025, 1:36PM <b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border='1px'><tr> <td><b>Sr. No.</b></td
  • Garware Syntheti - Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2

    25 Apr 2025, 1:26PM <b>Format of the Annual Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border='1px'> <tr> <td><b>Sr
  • Garware Syntheti has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025

    15 Apr 2025, 6:50PM As of March 2025, 45.78% is owned by Indian Promoters and 54.22% by Public. <p align=justify> Top five Promoters holding highest number of shares of G
  • Garware Syntheti - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    10 Apr 2025, 10:44AM Submission of certificate under Reg 74(5) of SEBI (DP) Regulations, 2018 for the Quarter ended 31st March, 2025.
  • Garware Syntheti - Submission Of Reg 44

    18 Mar 2025, 2:38PM Submission of Regulation 44 of SEBI LODR for disclosure of voting results of Extra Ordinary General Meeting held on 18th March, 2025.
  • Garware Syntheti - Announcement under Regulation 30 (LODR)-Change in Management

    18 Mar 2025, 2:30PM Submission of Reg 30 of SEBI (LODR) for appointment of Mrs. Ujwala Tate as Chief Executive Officer of the Company at Extra Ordinary General Meeting.
  • Garware Syntheti - Shareholder Meeting / Postal Ballot-Scrutinizer\s Report

    18 Mar 2025, 2:27PM Submission of Scrutinizer report for the Extra Ordinary General Meeting held on 18th March, 2025.
  • Garware Syntheti - Shareholder Meeting / Postal Ballot-Outcome of EGM

    18 Mar 2025, 2:24PM Submission of Proceedings of Extra Ordinary General Meeting held on 18th March, 2025.
  • 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

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 9.36 2.07 0.00 63.89 -38.30 0.00
Indian Acrylics Ltd 8.40 -1.18 0.00 324.50 -39.94 0.00
Futura Polyesters Ltd 3.85 -3.75 0.00 0.00 -36.55 0.00
SEL Manufacturing Company Ltd 39.30 -2.92 0.00 79.46 -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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