Garware Synthetics Ltd
Incorporated in 1958, Garware Synthetic Ltd
is in the business of manufacturing wide range of bristles made from Nylon.
- Market Cap ₹ 13.7 Cr.
- Current Price ₹ 23.5
- High / Low ₹ 23.5 / 10.9
- Stock P/E
- Book Value ₹ -3.58
- Dividend Yield 0.00 %
- ROCE -0.62 %
- ROE %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 0.11% over past five years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Textiles Industry: Textiles - Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
7.37 | 7.43 | 8.10 | 7.90 | 8.54 | 9.60 | 10.64 | 9.11 | 8.27 | 12.70 | 11.40 | 10.70 | |
7.29 | 7.86 | 8.22 | 7.81 | 8.11 | 9.10 | 10.61 | 8.81 | 7.21 | 11.73 | 10.55 | 10.32 | |
Operating Profit | 0.08 | -0.43 | -0.12 | 0.09 | 0.43 | 0.50 | 0.03 | 0.30 | 1.06 | 0.97 | 0.85 | 0.38 |
OPM % | 1.09% | -5.79% | -1.48% | 1.14% | 5.04% | 5.21% | 0.28% | 3.29% | 12.82% | 7.64% | 7.46% | 3.55% |
0.39 | 0.51 | 0.79 | 0.29 | 0.28 | 0.00 | -1.18 | 0.00 | 0.00 | 0.44 | 0.30 | 0.29 | |
Interest | 0.02 | 0.00 | 0.16 | 0.14 | 0.16 | 0.09 | 0.20 | 0.09 | 0.43 | 0.59 | 0.33 | 0.37 |
Depreciation | 0.05 | 0.05 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.02 | 0.26 | 0.47 | 0.44 |
Profit before tax | 0.40 | 0.03 | 0.49 | 0.22 | 0.53 | 0.39 | -1.38 | 0.18 | 0.61 | 0.56 | 0.35 | -0.14 |
Tax % | 40.00% | -200.00% | -24.49% | 27.27% | 11.32% | 10.26% | 0.00% | 38.89% | 4.92% | 58.93% | -62.86% | -71.43% |
0.24 | 0.09 | 0.61 | 0.17 | 0.47 | 0.34 | -1.37 | 0.11 | 0.58 | 0.23 | 0.58 | -0.05 | |
EPS in Rs | 1.05 | 0.29 | 0.81 | 0.59 | -2.36 | 0.19 | 1.00 | 0.40 | 1.00 | -0.09 | ||
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 4% |
5 Years: | 0% |
3 Years: | 9% |
TTM: | -6% |
Compounded Profit Growth | |
---|---|
10 Years: | 1% |
5 Years: | % |
3 Years: | % |
TTM: | -180% |
Stock Price CAGR | |
---|---|
10 Years: | 6% |
5 Years: | 47% |
3 Years: | 1% |
1 Year: | 77% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 5.55 | 5.55 | 5.81 | 5.81 | 5.81 | 5.81 | 5.81 | 5.81 | 5.81 | 5.81 | 5.81 | 5.81 |
Reserves | -10.02 | -9.94 | -8.51 | -8.34 | -7.63 | -7.28 | -8.66 | -8.55 | -7.96 | -8.37 | -7.78 | -7.89 |
6.05 | 5.97 | 4.58 | 4.52 | 4.42 | 10.16 | 12.43 | 12.91 | 12.42 | 11.99 | 11.68 | 5.31 | |
11.18 | 11.20 | 10.73 | 10.71 | 10.37 | 4.89 | 4.05 | 3.17 | 3.44 | 7.49 | 5.61 | 11.29 | |
Total Liabilities | 12.76 | 12.78 | 12.61 | 12.70 | 12.97 | 13.58 | 13.63 | 13.34 | 13.71 | 16.92 | 15.32 | 14.52 |
10.70 | 10.73 | 10.43 | 10.43 | 10.42 | 10.50 | 10.47 | 10.45 | 10.44 | 13.53 | 12.28 | 11.84 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
2.06 | 2.05 | 2.18 | 2.27 | 2.55 | 3.08 | 3.16 | 2.89 | 3.27 | 3.39 | 3.04 | 2.68 | |
Total Assets | 12.76 | 12.78 | 12.61 | 12.70 | 12.97 | 13.58 | 13.63 | 13.34 | 13.71 | 16.92 | 15.32 | 14.52 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1.28 | 0.14 | -0.04 | 0.14 | 0.26 | 0.25 | -1.79 | -0.52 | 0.41 | 1.33 | 0.57 | 0.39 | |
0.89 | -0.03 | 0.05 | -0.04 | 0.07 | -0.06 | 0.00 | 0.00 | -0.01 | -0.64 | 0.00 | 0.00 | |
-2.15 | -0.09 | 0.01 | -0.20 | -0.26 | -0.05 | 1.81 | 0.43 | -0.52 | -0.60 | -0.46 | -0.40 | |
Net Cash Flow | 0.02 | 0.02 | 0.01 | -0.10 | 0.08 | 0.13 | 0.02 | -0.09 | -0.12 | 0.09 | 0.11 | -0.02 |
Ratios
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 39.12 | 39.30 | 36.05 | 43.43 | 38.04 | 49.43 | 40.48 | 44.07 | 64.88 | 48.28 | 47.07 | 43.32 |
Inventory Days | 67.62 | 59.95 | 61.08 | 71.96 | 96.49 | 83.69 | 68.89 | 82.49 | 101.66 | 52.43 | 49.52 | 56.10 |
Days Payable | 248.49 | 232.20 | 207.83 | 234.95 | 238.30 | 137.14 | 121.47 | 142.42 | 166.53 | 115.56 | 115.18 | 145.10 |
Cash Conversion Cycle | -141.75 | -132.96 | -110.70 | -119.56 | -103.77 | -4.02 | -12.10 | -15.85 | 0.01 | -14.84 | -18.59 | -45.67 |
Working Capital Days | -220.88 | -222.05 | -171.69 | -170.03 | -142.32 | -69.58 | -42.88 | -26.04 | -27.81 | -41.67 | -35.86 | -51.51 |
ROCE % | 1.44% | -27.22% | 44.51% | 7.24% | 28.32% | 8.50% | 3.61% | 2.73% | 10.18% | 10.56% | 4.81% | -0.62% |
Documents
Announcements
- Board Meeting Intimation for Consideration And Approval Of Unaudited Financial Results Along With Limited Review Report For The Quarter Ended June,2024. 23 Jul
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Jul - Submission of Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the Quarter ended 30th June, 2024.
- Closure of Trading Window 27 Jun
- Clarification On Price Movement 19 Jun
-
Clarification sought from Garware Synthetics Ltd
18 Jun - Exchange has sought clarification from Garware Synthetics Ltd on June 18, 2024 with reference to significant movement in price, in order to ensure that investors …
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2004
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Business Overview:[1]
Company manufactures bristles made from Nylon 6, 66, 610, PBT, Polypropylene, which find application in various Brush Industries and are sold under "GARFLON" brand. Company recently developed nylon sutures which are used for medical purpose.