| Annual Financials | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
Revenue  | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 |
| Expenses | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 |
| EBITDA | -1 | 0 | -1 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 |
| Operating Profit % | -93 % | -65 % | -55 % | 17 % | 18 % | 8 % | 11 % | 1 % | 10 % | -17 % | 36 % | 25 % |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | -1 | 0 | -1 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 |
| Net Profit | -1 | 0 | -1 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 |
| EPS in ₹ | -1.32 | 0.00 | -1.07 | 0.04 | 0.38 | 0.14 | 0.25 | 0.02 | 0.20 | -0.12 | 0.75 | 0.60 |
Garware Marine Industries
Garware Marine Industries
28.50
+0.28
(0.99%)
Market Cap
₹16.46 Cr
PE Ratio
51.40
Volume
10,425.00
Day High - Low
₹28.80 - ₹27.66
52W High-Low
₹38.92 - ₹20.33
Key Fundamentals
Market Cap
16.46 Cr
EPS
0.75
PB Ratio
0.99
Book Value
28.59
EBITDA
0.40
Dividend Yield
0.00 %
Industry
Textiles Sector
Textile Products ROE Growth %
-
Debt to Equity
0.00
Actual
Company News
View All News
Garware Marine Industries Independent Director Completes TenureNov 07, 2025
Garware Marine Industries Limited announced that Mr. Sanjay V. Chiani's second term as Independent Director concluded on October 14, 2025. Following his cessation, the company's board now consists of six directors including Chairman Mr. Aditya A. Garware, Non-Executive Director Mrs. Shefali S. Bajaj, Independent Directors Mr. Vikas D. Sadarangani, Mr. Piyush V. Patel, and Mr. Amir J. Pradhan, and Executive Director Mr. Shyamsunder V. Atre. Mr. Amir J. Pradhan was previously appointed as Non-Executive Independent Director effective August 12, 2024, with his appointment approved by members at the 47th AGM held on September 25, 2025.
Garware Marine Industries Reports Net Profit of Rs 15.44 Lakhs for Six Months Ended September 2025
Oct 31, 2025
Oct 31, 2025Garware Marine Industries Limited reported a net profit of Rs 15.44 lakhs for the six months ended September 30, 2025, compared to Rs 31.06 lakhs in the same period last year. Total revenue from operations was Rs 26.00 lakhs for the quarter ended September 2025, down from Rs 20.38 lakhs in the previous quarter. The company's total assets stood at Rs 1,767.71 lakhs as of September 30, 2025, compared to Rs 1,947.22 lakhs in March 2025. During the six-month period, the company issued a corporate guarantee of Rs 100 crores on behalf of Global Offshore Services Ltd against a term loan of Rs 400 crores from Kotak Mahindra Bank. The company will receive guarantee commission as agreed. Basic earnings per share for continuing operations was Rs 0.26 for the six months ended September 2025.
Garware Marine Industries Appoints Amir J. Pradhan as Independent Director, Reports Quarterly ResultsAug 12, 2025
Garware Marine Industries Limited appointed Mr. Amir J. Pradhan as Additional Director (Non-Executive, Independent) for a five-year term from August 12, 2025 to August 13, 2030, subject to shareholder approval. Pradhan is an industrialist with over 30 years of experience across textiles, footwear, and food industries. The board also approved unaudited financial statements for the quarter ended June 30, 2025, showing revenue from operations of Rs. 26.00 lakhs compared to Rs. 40.59 lakhs in the same quarter last year. Net profit for the quarter was Rs. 5.69 lakhs versus Rs. 19.04 lakhs in the previous year quarter. The company issued a corporate guarantee of Rs. 10 crores on behalf of Global Offshore Services Ltd. against a term loan from Kotak Mahindra Bank. The Annual General Meeting is scheduled for September 25, 2025.
Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
1,095.70 | #1 37,452.56 | 44.65 | 6,462.30 | 5.47 | #1 815 | 6.34 | 53.67 | |
133.53 | 12,807.56 | 37.78 | #1 10,697.20 | 8.88 | 644 | -92.64 | 52.24 | |
703.70 | 6,985.34 | 35.97 | 1,578.20 | 15.30 | 232 | -51.59 | 38.02 | |
477.00 | 4,026.07 | 30.51 | 3,016.10 | 1.22 | 160 | -38.34 | 43.17 | |
33.09 | 3,317.61 | 48.37 | 2,290.80 | #1 26.12 | 76 | -31.21 | 36.11 | |
124.50 | 1,565.49 | 18.66 | 2,843.30 | -0.67 | 76 | 93.55 | 53.47 | |
479.95 | 1,166.21 | 175.14 | 536.10 | 13.60 | 7 | -350.19 | 50.11 | |
40.15 | 921.50 | 40.01 | 603.20 | -33.81 | 18 | 52.00 | 46.92 | |
412.15 | 905.23 | 65.21 | 300.90 | 17.08 | 10 | #1 100.00 | 47.51 | |
1,815.60 | 804.33 | #1 18.59 | 206.60 | 6.33 | 40 | 11.65 | 36.82 |
Growth Rate
Revenue Growth
71.43 %
Net Income Growth
-500.00 %
Cash Flow Change
100.00 %
ROE
-487.10 %
ROCE
-498.28 %
EBITDA Margin (Avg.)
-517.74 %
Yearly Financial Results
Balance Sheet
| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 7 | 6 | 11 | 8 | 7 | 6 | 6 | 12 | 8 | 12 | 19 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Assets | 5 | 5 | 4 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| Capital Work in Progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 6 | 3 | 2 | 0 | 1 | 7 | 3 | 6 | 14 |
| Other Assets | 7 | 6 | 5 | 5 | 6 | 5 | 6 | 5 | 5 | 5 | 6 |
| Total Liabilities | 7 | 6 | 11 | 8 | 7 | 6 | 6 | 12 | 8 | 12 | 19 |
| Current Liabilities | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Non Current Liabilities | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 1 |
| Total Equity | 6 | 6 | 11 | 8 | 6 | 5 | 6 | 11 | 8 | 11 | 18 |
| Reserve & Surplus | -0 | -0 | 5 | 2 | 1 | -1 | 0 | 5 | 2 | 5 | 12 |
| Share Capital | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | -0 | 0 | -0 | 0 | 0 | -0 | 0 | -0 | -0 | 0 | 0 |
| Investing Activities | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Activities | -1 | -0 | -0 | -0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 |
| Financing Activities | 0 | -0 | -0 | 0 | -0 | -0 | 0 | -1 | 0 | 0 | 0 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 |
| Promoter | 37.72 % | 37.72 % | 37.72 % | 37.72 % | 37.72 % | 37.72 % | 37.72 % | 37.72 % | 37.72 % | 37.72 % | 37.72 % | 37.72 % | 37.72 % | 37.72 % | 37.60 % | 37.55 % | 37.55 % | 37.55 % | 37.55 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| DIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Government | 2.43 % | 2.43 % | 2.43 % | 2.43 % | 2.43 % | 2.43 % | 2.43 % | 2.43 % | 2.43 % | 2.43 % | 2.43 % | 2.43 % | 2.43 % | 2.43 % | 2.43 % | 2.43 % | 2.43 % | 2.43 % | 2.43 % |
| Public / Retail | 42.72 % | 42.69 % | 42.24 % | 42.41 % | 42.60 % | 42.63 % | 42.60 % | 42.43 % | 41.95 % | 41.93 % | 41.77 % | 41.51 % | 43.31 % | 43.56 % | 45.56 % | 45.91 % | 46.70 % | 46.53 % | 46.77 % |
| Others | 17.12 % | 17.15 % | 17.60 % | 17.44 % | 17.24 % | 17.22 % | 17.24 % | 17.42 % | 17.90 % | 17.92 % | 18.07 % | 18.34 % | 16.53 % | 16.28 % | 14.41 % | 14.11 % | 13.32 % | 13.49 % | 13.24 % |
| No of Share Holders | 0 | 6,314 | 6,375 | 6,457 | 6,747 | 6,805 | 6,758 | 6,719 | 6,786 | 6,762 | 6,843 | 6,818 | 7,144 | 7,245 | 9,389 | 10,146 | 10,811 | 11,271 | 11,456 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 26 Sept 2024 |  Annual General Meeting | NA | 26 Sept 2024 | 32.21 | 49.51 |
| 29 Oct 2024 |  Quarterly Result Announcement | NA | 29 Oct 2024 | 26.30 | 34.21 |
| 04 Feb 2025 | Quarterly Result Announcement | NA | 04 Feb 2025 | 29.11 | 30.51 |
| 16 May 2025 |  Extraordinary General Meeting | NA | 16 May 2025 | 26.05 | 26.39 |
| 19 May 2025 | Quarterly Result Announcement | NA | 19 May 2025 | 22.47 | 25.87 |
| 12 Aug 2025 | Quarterly Result Announcement | NA | 12 Aug 2025 | 25.81 | 28.64 |
| 25 Sept 2025 | Annual General Meeting | NA | 25 Sept 2025 | 28.64 | 27.25 |
| 31 Oct 2025 | Quarterly Result Announcement | NA | 31 Oct 2025 | 26.60 | 29.12 |
Announcements
Announcement under Regulation 30 (LODR)-CessationNov 06, 2025
Nov 06, 2025Announcement under Regulation 30 (LODR)-CessationNov 06, 2025
Nov 06, 2025Announcement Under Reg 30 Of SEBI LODR.Oct 31, 2025
Oct 31, 2025Board Meeting Outcome for Outcome Of The Board Meeting Held Today 31St October 2025 Via VC.Oct 31, 2025
Oct 31, 2025Board Meeting Intimation for Notice Of The Board Meeting Dtd. 31St October 2025.Oct 23, 2025
Oct 23, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 13, 2025
Oct 13, 2025Shareholder Meeting / Postal Ballot-Scrutinizers ReportSep 25, 2025
Sep 25, 2025Disclosure Of Proceedings Of 47Th AGM Of The Company Held Today 25Th September 2025Sep 25, 2025
Sep 25, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMSep 25, 2025
Sep 25, 2025Notice Of The 47Th AGM Of The Company Dated 25Th September 2025.Sep 02, 2025
Sep 02, 2025Reg. 34 (1) Annual Report.Sep 02, 2025
Sep 02, 2025Announcement Under Regulation 30 Of SEBI LODR Appointment Of Independent Director.Aug 12, 2025
Aug 12, 2025Board Meeting Outcome for Outcome Of The Board Meeting Held Today 12Th August 2025Aug 12, 2025
Aug 12, 2025Board Meeting Intimation for Meeting Of The Board Of Directors Of The Company Dated 12Th August 2025Aug 04, 2025
Aug 04, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 14, 2025
Jul 14, 2025Closure of Trading WindowJun 27, 2025
Jun 27, 2025Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 20, 2025
May 20, 2025Board Meeting Outcome for The Outcome Of The Board Meeting Dated 19Th May 2025May 19, 2025
May 19, 2025Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportMay 16, 2025
May 16, 2025Shareholder Meeting / Postal Ballot-Outcome of EGMMay 16, 2025
May 16, 2025Board Meeting Intimation for Notice Of The Board Meeting Dtd 19Th May 2025 Monday.May 09, 2025
May 09, 2025Notice Of Extra Ordinary General Meeting Of The Company Dtd 16Th May 2025Apr 24, 2025
Apr 24, 2025Announcement As Per Reg 30 Of SEBI Regulations 2015Apr 22, 2025
Apr 22, 2025Board Meeting Outcome for Outcome Of The Board Meeting Held Today 22Nd April 2025.Apr 22, 2025
Apr 22, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 11, 2025
Apr 11, 2025Closure of Trading WindowApr 01, 2025
Apr 01, 2025Board Meeting Outcome for Outcome Of The Board Meeting Held Today 4Th February 2025Feb 04, 2025
Feb 04, 2025Board Meeting Intimation for Notice Of The Meeting Of The Board Of Directors Of The Company Dtd. 04Th February 2025.Jan 28, 2025
Jan 28, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jan 15, 2025
Jan 15, 2025Closure of Trading WindowDec 30, 2024
Dec 30, 2024Board Meeting Outcome for Outcome Of The Board Meeting Held Today, 29Th October, 2024.Oct 29, 2024
Oct 29, 2024Board Meeting Intimation for Notice Of The Board Meeting Dated 29Th October, 2024 For The Quarter And Half Year Ended 30.09.2024.Oct 21, 2024
Oct 21, 2024Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Oct 15, 2024
Oct 15, 2024Disclosure Under Regulation 44 Of The SEBI LODR Regulation, 2015Sep 30, 2024
Sep 30, 2024Closure of Trading WindowSep 30, 2024
Sep 30, 2024Shareholder Meeting / Postal Ballot-Scrutinizer''s ReportSep 26, 2024
Sep 26, 2024Announcement under Regulation 30 (LODR)-Meeting UpdatesSep 26, 2024
Sep 26, 2024Shareholder Meeting / Postal Ballot-Outcome of AGMSep 26, 2024
Sep 26, 2024NOTICE Of The 46Th AGM Of The Company Scheduled To Be Held On Thursday, 26Th September, 2026, At 1:30Pm.Sep 02, 2024
Sep 02, 2024Reg. 34 (1) Annual Report.Sep 02, 2024
Sep 02, 2024Board Meeting Outcome for Outcome Of The Board Meeting Held Today,06Th August, 2024.Aug 06, 2024
Aug 06, 2024Board Meeting Intimation for Notice Of The Meeting Of The Board Of Directors Of The Company Dated 06Th August, 2024.Jul 29, 2024
Jul 29, 2024Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Jul 15, 2024
Jul 15, 2024Compliances-Reg.24(A)-Annual Secretarial ComplianceJul 05, 2024
Jul 05, 2024Closure of Trading WindowJun 28, 2024
Jun 28, 2024Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 24, 2024
May 24, 2024Submission Of Financial Results For The Quarter And Year Ended 31St March, 2024.May 24, 2024
May 24, 2024Board Meeting Outcome for Submission Of Outcome Of The Board Meeting Held Today, 24Th May, 2024.May 24, 2024
May 24, 2024Board Meeting Intimation for The Board Meeting Of The Company Dated 24/05/2024.May 17, 2024
May 17, 2024Shareholder Meeting / Postal Ballot-Outcome of Postal_BallotMay 10, 2024
May 10, 2024Technical Indicators
RSI(14)
Neutral 47.62
ATR(14)
Volatile 1.86
STOCH(9,6)
Neutral 32.96
STOCH RSI(14)
Neutral 21.59
MACD(12,26)
Bearish -0.17
ADX(14)
Weak Trend 14.54
UO(9)
Bearish 41.55
ROC(12)
Downtrend And Accelerating -5.62
WillR(14)
Neutral -76.68
we are part of Raise Financial Services
built with love
for indians who love to invest & trade
Market Community
Follow us on
