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Garware Marine Industries
23.
03
-0.01
(-0.04%)
Market Cap
₹13.29 Cr
PE Ratio
88.62
Industry
Textiles
Buy
Sell
Company Performance:
1D
-0.04%
1M
-4.52%
6M
-19.84%
1Y
-8.39%
5Y
+400.65%
View Company Insights
Latest news about Garware Marine Industries
Garware Marine Industries Posts FY26 Annual Net Profit of ₹14.72 Lakhs, Revenue Declines Year-on-Year
3 days ago
Garware Marine Industries reported a sharp decline in annual net profit to ₹14.72 lakhs for the year ended March 31, 2026, from ₹43.14 lakhs in the prior year, as revenue from operations fell to ₹108.36 lakhs from ₹120.18 lakhs. The final quarter of FY26 recorded a net loss of ₹(4.84) lakhs. The statutory auditors issued a qualified opinion over non-recognition of ECL provisions on trade receivables of ₹355.15 lakhs, which the management contested citing ongoing recoveries and historical customer relationships. Total assets declined to ₹1,062.41 lakhs from ₹1,917.22 lakhs, largely due to a reduction in non-current investments.
Garware Marine Industries Board Meeting Scheduled on May 12, 2026 to Approve Q4 and Full Year FY26 Financial Results
May 05, 2026
Garware Marine Industries Files Q4 FY26 Compliance Disclosure Under SEBI Regulations
Apr 16, 2026
Garware Marine Industries Receives EOW Notice Over ₹3.54 Crore Equipment Lease Dispute
Apr 02, 2026
Garware Marine Industries Clarifies Recent Stock Price Fluctuation on BSE
Mar 16, 2026
More news about Garware Marine Industries
03
Feb 26
Garware Marine Industries Reports Q3FY26 Results with Revenue Growth to ₹30.30 Lakhs
Garware Marine Industries Limited reported Q3FY26 revenue of ₹30.30 lakhs, up from ₹26.99 lakhs in Q3FY25, but net profit declined to ₹4.56 lakhs from ₹6.42 lakhs. Nine-month performance showed revenue at ₹82.25 lakhs versus ₹96.64 lakhs in FY25, with net profit dropping to ₹19.56 lakhs from ₹32.63 lakhs. The Board approved these results on February 3, 2026.
31
Oct 25
Garware Marine Industries Reports Reduced Net Profit for H1, Issues Corporate Guarantee
Garware Marine Industries Limited reported a 50.29% decrease in net profit to ₹15.44 for H1 FY2026, despite a 26.97% increase in total revenue to ₹51.55. The company's Q2 revenue rose 27.58% quarter-on-quarter to ₹26.00 lakh. Total assets decreased by 9.22% to ₹1,767.71, and total equity fell by 8.19% to ₹1,648.34 compared to March 31. Notably, the company issued a ₹100 crore corporate guarantee for Global Offshore Services Ltd against a ₹400 crore term loan from Kotak Mahindra Bank.
Garware Marine Industries
23.
03
-
0.
01
(-
0.
04
%)
1 Year Returns:
-8.39%
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