Garware Technical Fibres
695.65
+2.40(+0.35%)
Market Cap₹6,905.43 Cr
PE Ratio32.45
IndustryTextiles
Company Performance:
1D+0.35%
1M+10.44%
6M-11.78%
1Y-3.80%
5Y+53.76%
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More news about Garware Technical Fibres
14Nov 25
White Oak Capital Reduces Stake in Garware Technical Fibres to 2.14%
White Oak Capital Management Consultants LLP has significantly reduced its stake in Garware Technical Fibres Limited. The firm's managed funds now hold 21,23,647 shares (2.14% of paid-up share capital), down from 43,87,550 shares (4.42%) previously. This reduction occurred through open market transactions on November 11, 2025. The disclosure follows a business transfer of Portfolio Management Services from White Oak Capital to WhiteOak Capital Asset Management Limited on April 1, 2024.
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11Nov 25
Garware Technical Fibres Declares Rs. 8 Per Share Interim Dividend for FY 2025-26
Garware Technical Fibres Limited (GTFL) has announced an interim dividend of Rs. 8 per equity share (80%) for the financial year 2025-26. The record date is set for November 14, 2025. The company has 9,92,65,845 total equity shares. GTFL provided detailed information on Tax Deduction at Source (TDS) rates for various shareholder categories, ranging from 10% for residents with registered PAN to 20% for non-residents, subject to treaty benefits. Shareholders must submit necessary documents by November 18, 2025, through the RTA portal to ensure appropriate tax deduction.
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07Nov 25
Garware Technical Fibres Reports 52% Drop in Q2 Net Profit, Declares Rs. 8 Interim Dividend
Garware Technical Fibres Limited experienced a significant decline in its Q2 financial performance. The company's consolidated net profit fell by 52% year-on-year to Rs. 319.00 million, while revenue decreased by 16.7% to Rs. 3.50 billion. EBITDA also declined to Rs. 484.00 million, with the EBITDA margin contracting to 13.92%. Despite the challenging quarter, the Board declared an interim dividend of Rs. 8.00 per equity share. The company also reported on segment performance, committee reconstitutions, and a recent acquisition in Norway.
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08Aug 25
Garware Technical Fibres Reports 13.5% Surge in Q1 Net Profit
Garware Technical Fibres posted strong Q1 results with net profit rising 13.5% to Rs. 53.1 crore. Net sales grew 9% to Rs. 367.2 crore, driven by exponential growth in Geosynthetics and strong performance in International Fisheries. EPS increased by 13.6% to Rs. 5.35. The company faces challenges from US tariffs and geopolitical tensions but maintains a strong balance sheet with total assets of Rs. 1,81,430.42 lakhs.
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30Jul 25
Garware Technical Fibres Announces Book Closure, AGM Date, and Rs 1.5 Per Share Dividend
Garware Technical Fibres Ltd (GTFL) has scheduled its 48th AGM for September 2, 2025, via video conferencing. The company has recommended a dividend of Rs 1.50 per share (15%) for FY 2024-25, subject to shareholder approval. Book closure dates are set from August 27 to September 2, 2025. Dividend eligibility for physical shares is based on the Register of Members as of September 2, 2025, and for dematerialized shares on beneficial ownership records as of August 26, 2025. E-voting will be available from August 30 to September 1, 2025, with NSDL facilitating the process.
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07Jul 25
Garware Technical Fibres Expands Footprint with Acquisition of Two Norwegian Firms
Garware Technical Fibres Ltd., an Indian manufacturer of technical textiles, has acquired two Norwegian companies, expanding its international presence. While specific details about the acquired firms and deal terms are undisclosed, this strategic move is expected to enhance Garware's access to European markets, expand its product portfolio, increase technological capabilities, and strengthen its presence in the fishing and aquaculture sectors. The acquisition aligns with Garware's strategy of expanding its global footprint.
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25Jun 25
Garware Technical Fibres Restructures Norway Operations
Garware Technical Fibres has transferred its Norway branch operations to a local subsidiary. This strategic move aims to optimize the company's presence in the Norwegian market. The restructuring could potentially enhance local presence, improve operational efficiency, ensure better regulatory compliance, and increase market responsiveness. The impact of this change on the company's overall business operations and financial performance is yet to be determined.
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23Jun 25
Garware Technical Fibres Expands Global Footprint with Strategic Acquisitions in Norway
Garware Technical Fibres has approved multiple acquisitions to strengthen its position in the global synthetic fiber rope industry. The company will acquire 100% equity in OTS (Offshore Technical Services AS) and AMS (Alpin Marine Services AS) for NOK 122.00 million, as well as Offshore & Trawl Supply AS through its UK subsidiary. These strategic moves aim to expand Garware's global footprint, diversify its product portfolio, and enhance its presence in offshore, aquaculture, and marine sectors across Europe.
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18Jun 25
Garware Technical Fibres Expands Global Footprint with New Norwegian Subsidiary
Garware Technical Fibres Ltd (GTFL) has formed a new fully owned subsidiary in Norway, marking its entry into the Scandinavian market. This strategic move aims to strengthen GTFL's presence in Europe, particularly in the Nordic region. The subsidiary is expected to enhance the company's ability to serve customers in Norway and potentially the broader Scandinavian area, leveraging opportunities in maritime and aquaculture industries. This expansion aligns with GTFL's ongoing efforts to grow its international footprint and may facilitate closer collaboration with local industries and research institutions.
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15May 25
Garware Technical Fibres Reports Q4 Growth and Announces Dividend
Garware Technical Fibres announced its Q4 results, showing significant growth. Revenue increased by 13.35% year-over-year to ₹4,330.00 million. EBITDA rose to ₹982.60 million, up 7.56% from last year. Net profit grew marginally by 1.40% to ₹710.60 million. The company declared a dividend of ₹1.50 per share. Despite growth, EBITDA margin slightly decreased from 23.90% to 22.72%.
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Garware Technical Fibres
695.65
+2.40
(+0.35%)
1 Year Returns:-3.80%
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