5
Garware Marine Industries Ltd
GARWAREMARINEINDUSTRIESLTD NSE
Garware Marine Industries Ltd
TextilesNSE: GARWAREMARINEINDUSTRIESLTD BSE: GARWAMAR Textile Products
Key Fundamentals
MicrocapTextile ProductsTextilesMarket Cap
₹12.67 Cr
Volatility
Moderate
P/E Ratio
83.4
EBITDA
₹0.11 Cr
Return on Equity
2.4%
Debt to Equity
0
Book Value
₹17.96
EPS
₹0.21
52W High
₹36.5
52W Low
₹18.32
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Garware Marine Industries Ltd insights
29 extracted metrics + investor summaries across FY15–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
1- Company is almost debt free.
Weaknesses
5- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -3.64% over past five years.
- Promoter holding is low: 37.6%
- Company has a low return on equity of 1.34% over last 3 years.
- Company has high debtors of 1,720 days.
Growth Rate
Revenue Growth
-10.00% ↘
Net Income Growth
-62.50% ↗
Cash Flow Change
100.00% ↗
ROE
-487.10% ↘
ROCE
-498.28% ↘
EBITDA Margin (Avg.)
-72.92% ↗
Quarterly Results
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.19 | 0.2 | 0.16 | 0.15 | 0.15 | 0.41 | 0.29 | 0.27 | 0.24 | 0.26 | 0.26 | 0.3 | 0.26 |
| Expenses | 0.25 | 0.2 | 0.18 | 0.18 | 0.22 | 0.18 | 0.2 | 0.19 | 0.2 | 0.2 | 0.17 | 0.26 | 0.32 |
| Operating Profit | -0.06 | 0 | -0.02 | -0.03 | -0.07 | 0.23 | 0.09 | 0.08 | 0.04 | 0.06 | 0.09 | 0.04 | -0.06 |
| OPM % | -31.58% | 0% | -12.5% | -20% | -46.67% | 56.1% | 31.03% | 29.63% | 16.67% | 23.08% | 34.62% | 13.33% | -23.08% |
| Other Income | 0 | 0 | 0 | 0.05 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0.01 | 0.01 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.01 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | -0.06 | 0 | -0.02 | 0.02 | -0.07 | 0.23 | 0.09 | 0.08 | 0.05 | 0.06 | 0.1 | 0.05 | -0.05 |
| Tax % | 0% | — | 0% | 0% | 0% | 17.39% | 11.11% | 12.5% | -120% | 0% | 0% | 0% | 0% |
| Net Profit | -0.06 | 0 | -0.02 | 0.02 | -0.07 | 0.19 | 0.07 | 0.06 | 0.11 | 0.06 | 0.09 | 0.05 | -0.05 |
| EPS in Rs | -0.1 | 0 | -0.03 | 0.03 | -0.12 | 0.33 | 0.12 | 0.1 | 0.19 | 0.1 | 0.16 | 0.09 | -0.09 |
Profit & Loss
| Mar 2015 9m | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.93 | 1.16 | 0.88 | 1.15 | 1.25 | 1.12 | 1.3 | 1.58 | 1.22 | 0.66 | 1.2 | 1.08 |
| Expenses | 1.7 | 1.88 | 1.54 | 0.95 | 1.02 | 1.04 | 1.15 | 1.57 | 1.1 | 0.78 | 0.76 | 0.96 |
| Operating Profit | -0.77 | -0.72 | -0.66 | 0.2 | 0.23 | 0.08 | 0.15 | 0.01 | 0.12 | -0.12 | 0.44 | 0.12 |
| OPM % | -82.8% | -62.07% | -75% | 17.39% | 18.4% | 7.14% | 11.54% | 0.63% | 9.84% | -18.18% | 36.67% | 11.11% |
| Other Income | 0.2 | 0.81 | 0.28 | 0.14 | 0.02 | 0.02 | 0.01 | 0.01 | 0 | 0.05 | 0 | 0.04 |
| Interest | 0.04 | 0.06 | 0.05 | 0.03 | 0.02 | 0.01 | 0.01 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | -0.62 | 0.03 | -0.43 | 0.31 | 0.23 | 0.09 | 0.15 | 0.02 | 0.12 | -0.07 | 0.44 | 0.16 |
| Tax % | 22.58% | 66.67% | 18.6% | 90.32% | 4.35% | 11.11% | 6.67% | 0% | 0% | 0% | 0% | 6.25% |
| Net Profit | -0.76 | 0 | -0.51 | 0.03 | 0.22 | 0.08 | 0.14 | 0.01 | 0.12 | -0.07 | 0.43 | 0.15 |
| EPS in Rs | -1.32 | 0 | -0.88 | 0.05 | 0.38 | 0.14 | 0.24 | 0.02 | 0.21 | -0.12 | 0.75 | 0.26 |
| Div. Payout % | 0% | — | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5.77 | 5.77 | 5.77 | 5.77 | 5.77 | 5.77 | 5.77 | 5.77 | 5.77 | 5.77 | 5.77 | 5.77 |
| Reserves | -0.13 | -0.13 | -0.64 | 1.73 | 0.5 | -0.72 | -0.02 | 5.42 | 2.14 | 5.28 | 12.19 | 4.59 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 0.91 | 0.6 | 0.63 | 0.92 | 0.84 | 0.69 | 0.7 | 0.29 | 0.31 | 0.44 | 1.21 | 0.26 |
| Total Liabilities | 6.55 | 6.24 | 5.76 | 8.42 | 7.11 | 5.74 | 6.45 | 11.48 | 8.22 | 11.49 | 19.17 | 10.62 |
| Fixed Assets | 0.02 | 0.02 | 0.01 | 0.02 | 0.02 | 0.01 | 0.01 | 0.02 | 0.02 | 0.01 | 0.02 | 0.02 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.9 | 0.89 | 0.84 | 3.09 | 1.64 | 0.38 | 0.93 | 6.54 | 2.95 | 6.32 | 13.68 | 4.89 |
| Other Assets | 5.63 | 5.33 | 4.91 | 5.31 | 5.45 | 5.35 | 5.51 | 4.92 | 5.25 | 5.16 | 5.47 | 5.71 |
| Total Assets | 6.55 | 6.24 | 5.76 | 8.42 | 7.11 | 5.74 | 6.45 | 11.48 | 8.22 | 11.49 | 19.17 | 10.62 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | -0.49 | -0.43 | -0.42 | -0.18 | 0.26 | -0.01 | 0.22 | 0.1 | -0.08 | -0.02 | 0 | -0.06 |
| Investing | 0.01 | 0.65 | 0.15 | 0.04 | 0.2 | 0.02 | 0.01 | 0 | 0 | 0 | -0.01 | 0.04 |
| Financing | 0.1 | -0.07 | -0.05 | 0.23 | -0.14 | -0.14 | -0.02 | -0.5 | 0 | 0 | 0 | 0 |
| Net Cash Flow | -0.38 | 0.16 | -0.32 | 0.09 | 0.32 | -0.14 | 0.21 | -0.41 | -0.08 | -0.03 | -0.01 | -0.02 |
| Free Cash Flow | -0.48 | -0.42 | -0.42 | -0.19 | 0.26 | -0.01 | 0.22 | 0.09 | -0.08 | -0.02 | -0.01 | -0.06 |
| CFO/OP | 64 | 60 | 62 | -70 | 109 | 38 | 160 | 1,300 | -50 | 8 | 2 | 8 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 1,311 | 1,136 | 1,651 | 1,333 | 1,302 | 1,463 | 1,238 | 996 | 1,373 | 2,566 | 1,527 | 1,720 |
| Inventory Days | — | — | 0 | — | — | — | — | — | — | — | — | — |
| Cash Conversion Cycle | 1,311 | 1,136 | 1,651 | 1,333 | 1,302 | 1,463 | 1,238 | 996 | 1,373 | 2,566 | 1,527 | 1,720 |
| Working Capital Days | 1,668 | 1,315 | 1,900 | 1,489 | 1,352 | 1,519 | 1,286 | 1,030 | 1,388 | 2,339 | 1,417 | 1,632 |
| ROCE % | -6.39% | -9.04% | -9.66% | 3.48% | 3.63% | 1.77% | 2.96% | 0.24% | 1.26% | -0.74% | 3.03% | 1.13% |
Documents
1
Board Meeting Intimation for Intimation For Board Meeting Dated 12Th May, 2026 (Tuesday) On Hybrid Mode.
4 May - Board meets on 12 May 2026 to approve audited FY26 and Q4 results. 4 May - Board meets on 12 May 2026 to approve audited FY26 and Q4 results.
2
Board Meeting Intimation for Intimation For Board Meeting Dated 12Th May, 2026 (Tuesday) On Hybrid Mode.
4 May - Board meets on 12 May 2026 to approve audited FY26 and Q4 results. 4 May - Board meets on 12 May 2026 to approve audited FY26 and Q4 results.
3
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
16 Apr - Regulation 74(5) depository compliance certificate issued for quarter ended 31 March 2026. 16 Apr - Regulation 74(5) depository compliance certificate issued for quarter ended 31 March 2026.
4
Intimation Under Reg. 30 Of SEBI (LODR), Regulations, 2015 - Material Information.
2 Apr - EOW Chennai issued notice over alleged ₹3.55 crore lease rentals; related Madras High Court litigation remains pending. 2 Apr - EOW Chennai issued notice over alleged ₹3.55 crore lease rentals; related Madras High Court litigation remains pending.
Frequently Asked Questions about Garware Marine Industries Ltd
What does Garware Marine Industries Ltd do?
Incorporated in 1975, Garware Marine Industries Ltd operates a Ship Repair Division[1]
Where is Garware Marine Industries Ltd (509563) listed?
Garware Marine Industries Ltd is listed on the Indian stock exchanges. It is listed on NSE: GARWAREMARINEINDUSTRIESLTD and BSE: GARWAMAR. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Garware Marine Industries Ltd belong to?
Garware Marine Industries Ltd operates in the Textiles sector within the Textile Products industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Garware Marine Industries Ltd?
Garware Marine Industries Ltd has a market capitalisation of approximately ₹12.67 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Garware Marine Industries Ltd?
The Price-to-Earnings (PE) ratio of Garware Marine Industries Ltd is 83.40. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Garware Marine Industries Ltd?
Over the past 52 weeks, Garware Marine Industries Ltd has traded between a low of ₹18.32 and a high of ₹36.5. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of Garware Marine Industries Ltd?
Garware Marine Industries Ltd has a Return on Equity (ROE) of 2.40%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Garware Marine Industries Ltd on Tapetide?
On Tapetide, you can view Garware Marine Industries Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 1975, Garware Marine Industries Ltd operates a Ship Repair Division[1]
Website garwaremarine.com
Face Value ₹ 10