Garware Synthetics Ltd.

14.73 ▼0%

18 April 2024, 04:00:00 PM

Company Profile

Sector Textile Sector Icon Textile Compare with Sector peers
Industry Textile - Spinning Industry Icon Textile - Spinning Compare with Industry peers
Website http://www.garwaresyn.com
Market Cap 8.56 Cr.
Enterprise Value(EV) 20.14 Cr. 2023-09
Financial Indicators
Earnings per share (EPS) 0.75 Trailing Twelve Months Ending 2023-12
Price-Earning Ratio (PE) 19.63 Trailing Twelve Months Ending 2023-12
Industry PE 80.73 Trailing Twelve Months Ending 2023-12
Book Value / Share -3.72 Trailing Twelve Months Ending 2023-12
Price to Book Value -3.96 Calculated using Price: 14.73
Dividend Yield 0.00 Period Ending 2023-03
No. of Shares Subscribed 0.58 Cr. 5,808,900 Shares
FaceValue 10
About Garware Synthetics Ltd.
Garware Synthetics was established on September 1, 1969 under the name of Garware Synthetic Bristles Private Limited. It was amongst the first companies in India in the business of manufacturing bristles.

Garware Synthetics Ltd. Delivery

Delivered Qty
Traded Qty

Garware Synthetics Ltd. Performance

1 Day
1 Week
-4.97%
1 Month
-10.73%
3 Month
-20.64%
6 Month
+29.67%
1 Year
+33.91%
2 Year
+1.38%
5 Year
+251.55%
10 Year
+281.61%

Garware Synthetics Ltd. Fundamental Ratios

9 years 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03 2022-03 2023-03
Return on Equity (%) 0 0 0 0 0 0 0 0 0
Return on Capital Employed (%) 35.2 16.67 28.23 8.42 -12.97 2.73 10.18 11.67 7.13
Return on Assets (%) 4.88 1.34 3.71 2.64 -10.26 0.83 4.38 1.51 3.59

Garware Synthetics Ltd. Balance Sheet

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-09* Rs. Cr.
Shh. Funds -2 -2 -2 -1 -3 -3 -2 -3 -2 -2
Non Curr. Liab. 9 9 9 11 13 13 0 4 2 2
Curr. Liab. 5 5 5 4 4 3 16 16 15 15
Minority Int.
Equity & Liab. 12 12 13 13 13 13 14 17 15 15
Non Curr. Assets 11 11 11 11 11 11 11 14 13 12
Curr. Assets 2 2 2 3 3 2 3 3 3 3
Misc. Exp. not W/O
Total Assets 12 12 13 13 13 13 14 17 15 15

Garware Synthetics Ltd. Profit and Loss

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-12 Rs. Cr. TTM
Net Sales 8 8 9 10 11 9 8 13 11 11
Other Income 1 0 0 0 0 0 0
Total Income 9 8 9 10 11 9 8 13 12 11
Total Expenditure -8 -8 -8 -9 -11 -9 -7 -12 -11 -10
PBIDT 1 0 1 0 0 0 1 1 1 1
Interest 0 0 0 0 0 0 0 -1 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Taxation 0 0 0 0 0 0 0 0 0
Exceptional Items 0 -2 0 0 0
PAT 1 0 0 0 -1 0 1 0 1 0
Adjusted EPS 1 0 1 1 -2 0 1 0 1 1

Garware Synthetics Ltd. Cash Flow

Particulars 10 years 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr.
Cash Fr. Operatn. 0 0 0 0 0 -2 -1 0 1 1
Cash Fr. Inv. 0 0 0 0 0 0 -1
Cash Fr. Finan. 0 0 0 0 0 2 0 -1 -1 0
Net Change 0 0 0 0 0 0 0 0 0 0
Cash & Cash Eqvt 0 0 0 0 0 0 0 0 0 0

Garware Synthetics Ltd. Shareholding Pattern

9 Qtrs 2021-12 (%) 2022-03 (%) 2022-06 (%) 2022-09 (%) 2022-12 (%) 2023-03 (%) 2023-06 (%) 2023-09 (%) 2023-12 (%)
Promoter 45.78 45.78 45.78 45.78 45.78 45.78 45.78 45.78 45.78
Public 54.22 54.22 54.22 54.22 54.22 54.22 54.22 54.22 54.22
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
No. of Shareholders (in Lacs)

Garware Synthetics Ltd. Announcements

Sat, 13 Apr 2024
Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2
Format of the Annual Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1 Name of Company GARWARE SYNTHETICS LTD.
2 CIN NO. L99999MH1969PLC014371
3 Report filed for FY 2023-2024
Details of the Current block (all figures in Rs crore):
4 2 - year block period (Specify financial years)* 2022-2023 2023-2024
5 Incremental borrowing done in FY (T)(a) 0.00
6 Mandatory borrowing to be done through debt securities in FY (T) (b) = (25% of a) 0.00
7 Actual borrowing done through debt securities in FY (T)(c) 0.00
8 Shortfall in the borrowing through debt securities if any for FY (T - 1) carried forward to FY (T) (d) 0
8Quantum of (d) which has been met from (c)(e)* 0
9 Shortfall if any in the mandatory borrowing through debt securities for FY (T) { after adjusting for any shortfall in borrowing for FY(T - 1) which was carried forward to FY(T)}(f) = (b) - [(c) - (e)]{ If the calculated value is zero or negative write nil}* 0


Details of penalty to be paid if any in respect to previous block (all figures in Rs crore):
2 - year Block period (Specify financial years)2022-2023 2023-2024
Amount of fine to be paid for the block if applicable Fine = 0.2% of {(d) - (e)}#0.00



Name of the Company Secretary :-SWATI SHAH
Designation :-COMPANY SECRETARY AND COMPLIANCE OFFICER
Name of the Chief Financial Officer :- DINESH GURAV
Designation : -CHIEF FINANCIAL OFFICER

Date: 13/04/2024

Sat, 13 Apr 2024
Submission Of Certificate From Practicing Company Secretary For Regulation 40(9) As Per SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015
Submission of Certificate from PCS under Regulation 40(9) as per SEBI (LODR) 2015.
Sat, 13 Apr 2024
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1Name of CompanyGARWARE SYNTHETICS LTD.
2CIN NO.L99999MH1969PLC014371
3 Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr) 11.54
4Highest Credit Rating during the previous FY 0
4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)Not Applicable
5Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the frameworkBSE


We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No



Name of the Company Secretary: SWATI SHAH
Designation: COMPANY SECRETARY AND COMPLIANCE OFFICER
EmailId: garware.synthetics@gmail.com
Name of the Chief Financial Officer: DINESH GURAV
Designation: CHIEF FINANCIAL OFFICER
EmailId: garware.synthetics@gmail.com

Date: 13/04/2024

Note: In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.

Garware Synthetics Ltd. Technical Scans

Thu, 18 Apr 2024
High Delivery Percentage High Delivery Percentage
Higher Delivery Quantity Higher Delivery Quantity
Higher Delivery Quantity and Percentage Higher Delivery Quantity and Percentage
Higher Trade Quantity Higher Trade Quantity
Higher Trade and Delivery Quantity Higher Trade and Delivery Quantity

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Page Industries Ltd. Standalone 2023-03 46.45 35,241.55 -0.3%
K.P.R. Mill Ltd. Consolidated 2023-03 23.62 837.95 +0.7%
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Trident Ltd. Consolidated 2023-03 441.61 38.40 -0.8%
Swan Energy Ltd. Consolidated 2023-03 -61.05 623.45 +1.1%
Lakshmi Machine Works Ltd. Consolidated 2023-03 384.02 16,699.70 -0.4%
Welspun Living Ltd. Consolidated 2023-03 202.51 145.15 -1.4%

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