| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 463 | 348 | +33.0% |
| EBITDA | 80.0 | 48.4 | +65.2% |
| EBITDA margin | 17.3% | 13.9% | +3.4 pts |
| Profit before tax | 76.1 | 45.7 | +66.8% |
| Net profit | 58.6 | 31.9 | +83.4% |
| EPS | ₹6.00 | ₹3.22 | +86.3% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 7,462 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 302 | 379 | 120 | 289 | 51.6 | ||
| 40.3 | 40.3 | 61.4 | 119 | 133 | ||
| 7,200 | — | — | — | — | ||
| 1,759 | 1,529 | 1,540 | 1,326 | 1,306 | ||
| — | −0.7% | +16.2% | +1.5% | — | ||
| 337 | 284 | 319 | 272 | 230 | ||
| 19.2% | 18.6% | 20.7% | 20.5% | 17.6% | ||
| 300 | 249 | 290 | 246 | 207 | ||
| 237 | 199 | 232 | 208 | 172 | ||
| 13.5% | 13.0% | 15.0% | 15.7% | 13.2% | ||
| ₹23.86 | ₹20.01 | ₹23.33 | ₹20.97 | ₹17.35 | ||
| — | −14.2% | +11.2% | +20.9% | — | ||
| — | 162 | 195 | 219 | 189 | ||
| — | −56.4 | −43.8 | −38.3 | −28.9 | ||
| 106 | 106 | 151 | 180 | 160 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 7,461.8 | |
| - Cash, Equiv & ST Investments | 51.6 | 288.8 | 120.1 | 379.3 | 302.1 | |
| + Total Debt | 132.9 | 118.8 | 61.4 | 40.3 | 40.3 | |
| Enterprise Value | — | — | — | — | 7,200.0 | |
| Revenue | 1,305.5 | 1,325.6 | 1,540.1 | 1,528.8 | 1,758.7 | |
| Growth %, YoY | — | +1.5 | +16.2 | -0.7 | — | |
| EBITDA | 229.5 | 271.6 | 318.8 | 283.6 | 337.2 | |
| Margin % | 17.58 | 20.49 | 20.70 | 18.55 | 19.17 | |
| EBIT | 207.2 | 245.7 | 290.4 | 249.2 | 299.6 | |
| Net Income | 172.2 | 208.2 | 231.5 | 198.7 | 236.8 | |
| Margin % | 13.19 | 15.71 | 15.03 | 13.00 | 13.46 | |
| EPS, Adj (current shares) | 17.35 | 20.97 | 23.33 | 20.01 | 23.86 | |
| Growth %, YoY | — | +20.9 | +11.2 | -14.2 | — | |
| Cash from Operations | 189.4 | 218.8 | 195.1 | 162.1 | — | |
| Capital Expenditures | -28.9 | -38.3 | -43.8 | -56.4 | — | |
| Free Cash Flow | 160.5 | 180.5 | 151.3 | 105.7 | 105.7 | |
Prices at the previous close · figures from the company's filings with NSE
Garware Technical Fibres (NSE: GARFIBRES) had a market capitalisation of ₹7,340 crore at the previous close (₹751.70 a share), a PE ratio of 31.0 on the last four quarters' profit and a price-to-book ratio of 5.22. In FY26 its consolidated net profit was ₹199 crore on revenue of ₹1,529 crore; in Q2 FY27 (July–September 2026) it was ₹58.8 crore, up 83.8% year on year. Its debt-to-equity ratio was 0.04 on 30 September 2026. Promoters held 54.25% of the shares on 30 September 2026.
Garware Technical Fibres' PE ratio is 31.0 at the previous close (₹751.70 a share): a market capitalisation of ₹7,340 crore divided by consolidated net profit of ₹237 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹199 crore) it is 36.9.
Garware Technical Fibres' price-to-book (PB) ratio is 5.22 at the previous close: a market capitalisation of ₹7,340 crore divided by shareholders' equity (book value) of ₹1,406 crore on 30 September 2026. That is a book value of ₹144.03 per share against a share price of ₹751.70.
Garware Technical Fibres' book value per share was ₹144.03 on 30 September 2026: shareholders' equity of ₹1,406 crore divided by the 9.76 crore shares in issue, up 10.1% from ₹130.79 a year earlier. The share price at the previous close was ₹751.70.
Garware Technical Fibres' market capitalisation was ₹7,340 crore at the previous close: 9.76 crore shares at ₹751.70 each.
No. Garware Technical Fibres had borrowings of ₹53.7 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.04. Its cash and current investments were ₹351 crore, so it held net cash of ₹298 crore.
Garware Technical Fibres' basic earnings per share (EPS) were ₹20.01 in FY26, against ₹23.32 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹23.99.
Garware Technical Fibres' debt-to-equity ratio was 0.04 on 30 September 2026: borrowings of ₹53.7 crore against total equity of ₹1,406 crore. A year earlier, on 30 September 2025, it was 0.10.
Garware Technical Fibres' dividend yield is 1.20% at the previous close: dividends of ₹9 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹751.70. They were ₹1 on 1 September 2026 and ₹8 on 14 November 2025 (interim).
Promoters held 54.25% of Garware Technical Fibres on 30 September 2026, unchanged from the previous quarter and up 1.25 percentage points from 53.00% a year earlier, according to the shareholding pattern filed with NSE.
Garware Technical Fibres' net worth — shareholders' equity in its consolidated balance sheet — was ₹1,406 crore on 30 September 2026, up 8.3% from ₹1,298 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹7,340 crore at the previous close.
In FY26, Garware Technical Fibres' return on equity (ROE) was 15.3% and its return on capital employed (ROCE) was 18.1%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 18.7% and ROCE 22.4%.
In FY26, Garware Technical Fibres generated ₹162 crore of cash from operations and spent ₹56.4 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹106 crore. In FY25 it was ₹151 crore.
In 2026, Garware Technical Fibres has declared one dividend: ₹1 with record date 1 September 2026.
Garware Technical Fibres' latest results are for Q2 FY27 (July–September 2026), filed on 29 October 2026: consolidated net profit ₹58.8 crore, up 83.8% from ₹32 crore in Q2 FY26; revenue from operations ₹463 crore, up 33.0% year on year.
In FY26 (April 2025–March 2026), Garware Technical Fibres' consolidated net profit was ₹199 crore, down 14.2% from ₹232 crore in FY25, on revenue from operations of ₹1,529 crore (down 0.7%). Over three years, from FY23, net profit was up 15.4%.
On 30 September 2026, Garware Technical Fibres' shares were held by promoters 54.25%, foreign portfolio investors (FII/FPI) 8.36%, domestic institutions (DII) 10.79% (including mutual funds at 9.80%) and retail and other non-institutional investors 26.61%. Over the year, FII holding was down 1.69 percentage points from 10.05% and DII holding was down 0.20 percentage points from 10.99%.
On FY26 consolidated figures, against Jindal Worldwide, Sanathan Textiles and Nitin Spinners: Garware Technical Fibres' operating margin of 16.3% is the highest of the four (Jindal Worldwide 5.1%, Sanathan Textiles 5.0%, Nitin Spinners 9.5%; peer average 6.5%); its return on equity of 15.3% is the highest of the four (Jindal Worldwide 7.9%, Sanathan Textiles 4.2%, Nitin Spinners 12.8%; peer average 8.3%).
In FY26, Garware Technical Fibres earned net profit of ₹199 crore on revenue of ₹1,529 crore, against ₹65.2 crore on ₹2,286 crore for Jindal Worldwide. Garware Technical Fibres' operating margin was 16.3% (Jindal Worldwide 5.1%) and its return on equity 15.3% (Jindal Worldwide 7.9%).
Garware Technical Fibres has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
From Garware Technical Fibres' own consolidated results, balance sheets and shareholding patterns filed with NSE. Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.