Loading…
Employees: 1,188
Size Garware Technical Fibres (GARFIBRES.NS) is an India Industrials company (Textiles) with a market value of $739M, the 702nd largest of 1,058 India companies the cockpit tracks. Shares closed at ₹715.65 on 6 Nov 2026.
Performance Over six months the shares gained 6.4%, against -12.6% for the median peer and 0.0% for the India market (cap-weighted) — 5th highest of 20 in its peer set.
Growth Revenue grew 17.4% over the last twelve months (peer median +14.5%); the operating margin is 17.0% (peer median 13.0%).
Valuation It trades at 28.2× forward earnings against a peer median of 22.1× (6th most expensive of 18).
Price implies For today's price to make sense, revenue must grow about 20% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is +12 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 8.5 points above its cost of capital (11.7% WACC).
Next results Next results expected around 11 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₹17.6B | ₹15.3B | ₹15.4B | ₹13.3B | ₹13.1B |
| Revenue growth | — | -1% | +16% | +2% | — |
| Gross profit | ₹7.87B | ₹4.62B | ₹5.06B | ₹4.21B | ₹3.98B |
| EBITDA | ₹3.37B | ₹2.71B | ₹3.10B | ₹2.69B | ₹2.21B |
| Net income | ₹2.37B | ₹1.99B | ₹2.32B | ₹2.10B | ₹1.72B |
| Free cash flow | n/a | ₹962M | ₹1.35B | ₹2.02B | ₹1.76B |
| Capital expenditure | n/a | ₹564M | ₹437M | ₹426M | ₹289M |
| Total debt | ₹559M | ₹428M | ₹649M | ₹1.23B | ₹1.34B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Sector in the same market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | GARFIBRES.NS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -7.5% | -2.7% | 8th lowest of 21 |
| 6-month return | +6.4% | -12.6% | 5th highest of 20 |
| Distance from 52-week high | -17.1% | -24.6% | 5th highest of 21 |
| Revenue growth (TTM) | +17.4% | +14.5% | 9th highest of 20 |
| Operating margin | 17.0% | 13.0% | 4th highest of 20 |
| Forward P/E | 28.2× | 22.1× | 6th most expensive of 18 |
| Growth the price implies (Req g, 7 yrs) | 19.7% | 24.6% | 3rd least demanding of 9 |
| Growth delivered (Del g) | +8.1% | +19.2% | 3rd lowest of 9 |
| Hurdle (Req g minus delivered) | +11.6 pp | +3.0 pp | 3rd most demanding of 9 |
| ROIC minus cost of capital | +8.5 pp | -1.2 pp | 4th highest of 20 |
| EV / EBITDA | 19.8× | 15.4× | 10th most expensive of 20 |
| Net debt / EBITDA | -0.9× | 0.4× | 3rd least indebted of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Garware Technical Fibres GARFIBRES.NS | India | $739M | +6% | +17% | 17% | 28.2× | 19.7% | +8.1% |
| Star Cement STARCEMENT.NS | India | $739M | -28% | +15% | 14% | 19.2× | 4.9% | +16.8% |
| ISGEC Heavy Engineering ISGEC.NS | India | $746M | -11% | +21% | 6% | n/a | 22.1% | +5.0% |
| SKF India SKFINDIA.NS | India | $747M | -18% | -53% | 8% | 27.3× | 32.5% | +7.1% |
| Eureka Forbes EUREKAFORB.NS | India | $749M | -29% | +13% | 9% | 28.9× | 34.3% | +221.8% |
| KSH International KSHINTL.NS | India | $720M | +59% | +61% | 6% | 39.4× | n/a | n/a |
| Power Mech Projects POWERMECH.NS | India | $761M | -12% | +16% | 10% | 16.1× | n/a | n/a |
| GMR Power and Urban Infra GMRP&UI.NS | India | $763M | -17% | +4% | 14% | 14.6× | n/a | n/a |
| Manipal Payment and Identity Solutions MPIMANIPAL.NS | India | $768M | n/a | n/a | n/a | n/a | n/a | n/a |
| Ceigall India CEIGALL.NS | India | $708M | +5% | +20% | 13% | 18.5× | n/a | n/a |
| Precision Wires India PRECWIRE.NS | India | $776M | -1% | +46% | 5% | 41.8× | n/a | n/a |
| NESCO NESCO.NS | India | $780M | -20% | +13% | 45% | 17.7× | 22.2% | +26.2% |
| Transport Corporation of India TCI.NS | India | $700M | -12% | +12% | 8% | 14.2× | 14.9% | +11.9% |
| Vesuvius India VESUVIUS.NS | India | $782M | -31% | +4% | 13% | 22.1× | 30.4% | +21.6% |
| Omnitech Engineering OMNI.NS | India | $785M | +40% | +49% | 23% | 55.4× | n/a | n/a |
| RHI Magnesita India RHIM.NS | India | $789M | -13% | +8% | 7% | 25.4× | 27.1% | +24.1% |
| Dilip Buildcon DBL.NS | India | $688M | -17% | -19% | 16% | 25.7× | n/a | n/a |
| Spectrum Electrical Industries SPECTRUM.NS | India | $800M | +262% | +104% | 13% | n/a | n/a | n/a |
| AXISCADES Technologies AXISCADES.NS | India | $802M | -17% | +5% | 10% | 7.8× | n/a | n/a |
| G R Infraprojects GRINFRA.NS | India | $803M | -21% | +25% | 16% | 8.9× | n/a | n/a |
| Aeroflex Industries AEROFLEX.NS | India | $676M | +17% | +55% | 20% | 55.2× | n/a | n/a |