Garware Marine Industries Ltd Stock Price Today (NSE: GARWAMAR)

Garware Marine Industries Ltd

21.140.83 (3.78%)
Market Closed

Fundamental Score

...

Garware Marine Industries Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Garware Marine Industries Ltd share price today is 21.14, down 3.78% on NSE/BSE as of 17 June 2026. Garware Marine Industries Ltd (GARWAMAR) is a Small-cap company in the Other Textile Products sector with a market capitalisation of 16.53 (Cr). The 52-week high for GARWAMAR share price is 36.50 and the 52-week low is 18.32. At a P/E ratio of 51.65x, GARWAMAR is currently trading above its industry average P/E of 20.18x. The company has a Return on Equity (ROE) of 2.96% and a debt-to-equity ratio of 0.00.

Garware Marine Industries Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
24.50
Low
20.26
Volume
5.9K
Change
-6.08%

Garware Marine Industries Ltd share price chart: -6.08% return over the past month. 52-week high ₹36.50, 52-week low ₹18.32.

Garware Marine Industries Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
22.4024.0521.3622.0416.30K (Cr)
22.4822.4821.5022.157.83K (Cr)
22.1122.7921.1022.485.24K (Cr)
22.4022.6720.2621.958.31K (Cr)
22.6823.0022.1022.263.18K (Cr)
23.0023.0022.1122.501.56K (Cr)
22.0022.8021.5022.663.36K (Cr)
22.7522.9920.5622.177.39K (Cr)
22.4922.7622.3022.581.31K (Cr)
22.7623.7822.0122.497.23K (Cr)

Garware Marine Industries Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
22.4824.0521.3622.04-1.96%
24.5024.5020.2622.48-8.24%
23.6225.9822.2024.03+1.74%
18.3236.5018.3223.52+28.38%
27.0028.4022.1022.78-15.63%
27.3029.5723.1024.47-10.37%
29.0030.6824.0027.24-6.07%
31.4934.6026.2829.47-6.41%
28.1030.5725.0130.05+6.94%
29.6030.1527.2029.35-0.84%
24.8132.7224.8130.20+21.73%
33.5436.2925.3125.31-24.54%

AI Research Briefing

Powered by Gemini · 2026-04-13

Micro-cap textile play with weak fundamentals and high liquidity risk; avoid until tangible turnaround.

Research Confidence
4.0/10Low
MICRO-CAP DARK HORSEConsolidation. 1M: -4.59% | 3M: -1.17% | 6M: 15.14%.Expensive. P/E is 51.65x vs Industry P/E of 20.18x.

WHAT'S HAPPENING NOW (last 2-4 weeks)

Garware Marine Industries' stock price has fluctuated. The Exchange sought clarification from the company on March 10, 2026, regarding price movement; a reply is awaited. The board approved the unaudited financial results for the quarter and nine months ended December 2025 on February 3, 2026.

CORE STORY (THE REAL GAME)

This is a micro-cap turnaround play in the marine services sector. The market is likely pricing in some recovery, but liquidity is a major concern.

Why Now
  • Textile sector benefiting from China diversification
  • Government support through PLI schemes
  • Company is almost debt free
Potential Catalysts
  • Significant order wins
  • Substantial improvement in quarterly sales and profits
  • Increase in promoter holding
Key Risks
  • Micro/SME cap - liquidity risk
  • Poor sales growth
  • Low promoter holding
Institutional Activity

No FII or DII holding. Promoter holding stable at 37.55%.

Macro Context

Textile sector benefits from government support and China diversification.

Cash Flow Quality

No. Free Cash Flow 5Y: ₹0.2 Cr.

3–6 Month Outlook

Company needs to demonstrate significant sales and profit growth to justify current valuation. Expect volatility due to micro-cap nature and low liquidity.

Primary Thesis Risk

Illiquidity and weak fundamentals make this a high-risk gamble.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

2.96%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

3.03%

Returns generated on total capital deployed

Average

Oper. Profit Margin (5Y Avg)

10.07%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Garware Marine Industries Ltd Valuation Check

Poor

Price to Earnings (P/E)

51.65x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

20.18x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

37.55%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

28.57%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

-10.34%

Revenue growth vs same quarter last year

Poor

Revenue Growth (5-Year CAGR)

1.39%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

39.98%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

39.98%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.00x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

28.00x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

0.20 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Garware Marine Industries Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of GARWAMAR across key market metrics for learning purposes.

Positive Indicators

6 factors identified

Robust Profit Growth (28.57%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Excellent EPS Growth (39.98% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (39.98% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Debt-Free Balance Sheet (D/E: 0.00)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (28.00x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

6 factors identified

Below-Average Return on Equity (2.96%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (3.03%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Premium Valuation Risk (P/E: 51.65x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Revenue Contraction (-10.34%)

Observation: Sales decline may indicate market challenges or competitive pressures.

Analysis: Negative revenue growth requires analysis of market conditions.

Limited Growth History (1.39% CAGR)

Observation: Below-average 5-year sales growth trajectory.

Analysis: Low sales CAGR may indicate mature markets or limited growth opportunities.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Garware Marine Industries Ltd vs Other Textile Products Peers

Peer Comparison - Other Textile Products

Compare Garware Marine Industries Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
31.6/100
21
₹16.53
51.6
Average
2.96%
Poor
3.03%
Poor
0.0
Excellent
39.98%
Excellent
1.39%
Average
0.00%
KPR Mill Ltd...
KPRMILL532889
55.7/100
938
₹35671.14
42.6
Average
17.04%
Good
19.84%
Good
0.1
Excellent
16.53%
Excellent
13.76%
Good
0.48%
Trident Ltd...
TRIDENT521064
36.3/100
25
₹14319.59
32.3
Average
8.23%
Poor
9.48%
Poor
0.3
Excellent
1.70%
Average
8.13%
Good
1.78%
33.5/100
140
₹13630.96
38.6
Average
13.66%
Average
14.41%
Average
0.6
Good
6.39%
Good
9.36%
Good
1.20%
39.8/100
596
₹12454.05
14.8
Average
8.95%
Poor
10.83%
Average
0.1
Excellent
8.16%
Good
7.76%
Good
1.16%
25.9/100
13
₹8296.92
-4.76%
Poor
-5.27%
Poor
2.38%
Average
0.00%
44.2/100
650
₹6880.68
33.7
Average
18.72%
Good
24.68%
Excellent
0.1
Excellent
10.71%
Good
10.07%
Good
1.15%
0/100
711
₹6827.10
86.2
Average
0.67%
Poor
2.87%
Poor
0.3
Excellent
0.00%
35.8/100
312
₹6354.49
38.6
Average
11.30%
Average
13.52%
Average
0.5
Good
9.94%
Good
14.82%
Good
0.62%
19.2/100
408
₹3950.09
28.6
Average
10.15%
Average
10.39%
Average
0.8
Good
0.00%
18.5/100
31
₹3327.69
47.7
Average
10.06%
Average
10.24%
Average
0.7
Good
21.67%
Excellent
0.80%
Average
0.00%

Garware Marine Industries Ltd Quarterly Performance

Latest quarterly metrics for GARWAMAR — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

-10.34%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

28.57%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

1.39%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

39.98%

Compounded annual net profit growth over 5 years

Garware Marine Industries Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for GARWAMAR — calculated from daily price history

23RSI 14
Oversold — RSI 23

Selling pressure is heavy — potential reversal zone.

SMA 50
24
▼ Price below SMA 50 — Short-term bearish
SMA 200
27
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
6K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Garware Marine Industries Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Garware Marine Industries Ltd (GARWAMAR) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Garware Marine Industries Ltd

About GARWAMAR (Garware Marine Industries Ltd)

Garware Marine Industries Ltd is a distinguished entity operating within the realm of other textile products, specifically focused on specialized technical textiles designed for ma...ritime applications. With a legacy rooted in innovation and engineering excellence, the company excels in the production of high-performance netting, ropes, and aquaculture solutions tailored for the demanding marine environment. Utilizing advanced polymer technology and stringent quality control processes, Garware Marine manufactures products known for their exceptional durability, UV resistance, and resistance to abrasion and chemical degradation. These specialized textiles find applications in fishing nets, aquaculture cages, mooring systems, and a variety of other marine-related activities. The company's commitment to sustainability is reflected in its ongoing efforts to develop eco-friendly materials and production methods. Garware Marine actively promotes responsible fishing and aquaculture practices through its product offerings, aiming to minimize environmental impact while maximizing the efficiency and longevity of its solutions. By collaborating closely with researchers, industry experts, and end-users, the company continuously refines its product portfolio to meet the evolving needs of the maritime sector. This dedication to innovation and environmental stewardship positions Garware Marine as a trusted partner for businesses seeking reliable and sustainable textile solutions for marine applications. Garware Marine’s offerings extend beyond mere products; they embody a comprehensive approach to providing tailored solutions. The company's technical expertise enables it to work closely with clients to develop customized textiles that meet specific performance requirements. Whether it’s engineering high-tenacity netting for deep-sea fishing or designing robust aquaculture systems, Garware Marine’s approach centers on delivering measurable value. This commitment to customer satisfaction, combined with its focus on quality and innovation, has cemented Garware Marine's reputation as a leading provider of specialized textile solutions for the marine industry.

Company Details

Symbol:GARWAMAR
Industry:Other Textile Products
Sector:Other Textile Products

Key Leadership

Ms. Vipulata S. Tandel B.Com.
Chief Financial Officer
Ms. Pallavi Prakash Shedge A.C.S., B.Com., C.S., L.L.B.
Compliance Officer & Company Secretary
Mr. Shyamsunder Vasudev Atre B.Sc. ENGG., D.M.M.
Executive Director

Corporate Events

Recent
Ex-Dividend Date

GARWAMAR Share Price: Frequently Asked Questions

What is the current share price of Garware Marine Industries Ltd?

Garware Marine Industries Ltd (GARWAMAR) trades at ₹21.14 on NSE and BSE. Market cap ₹16.53 (Cr). Educational data only.

What is the P/E ratio of Garware Marine Industries Ltd?

Garware Marine Industries Ltd has a P/E of 51.65x vs industry average 20.18x.

What is the Bull Run score for Garware Marine Industries Ltd?

Garware Marine Industries Ltd has a Bull Run score of 31.6/100 based on 25+ financial parameters.

Does Garware Marine Industries Ltd pay dividends?

Garware Marine Industries Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Garware Marine Industries Ltd?

Garware Marine Industries Ltd has ROE of 2.96%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Garware Marine Industries Ltd?

Garware Marine Industries Ltd has debt-to-equity of 0.00.

Is Garware Marine Industries Ltd a good investment?

Bull Run gives Garware Marine Industries Ltd a score of 31.6/100. This is not investment advice — consult a SEBI-registered advisor.