# Garware Technical Fibres share price today (Garware Technical Fibres Ltd, NSE: GARFIBRES)

> Garware Technical Fibres share price today: ₹739.00 at the NSE close on 3 November 2026, down 2.6% in a year. Garware Technical Fibres (NSE: GARFIBRES) is worth ₹7,219 crore, trades at a P/E of 29.3 and has closed between ₹592.45 and ₹820.35 over the past 52 weeks. > Garware Technical Fibres Ltd grows steadily. It earns returns above 15% with few surprises. GARFIBRES · Textiles - Technical Textile · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/garware-technical-fibres-ltd

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## Key numbers

- Business trend: Turning around, from the last 12 quarters
- Price: ₹739.00 (−2.6% in a year)
- P/E: 29.3× (lower than 59% of the last 11 years)
- Revenue (Sep 2026): ₹463 Cr (+33.0% on a year ago)
- Profit (Sep 2026): ₹59.0 Cr (+84.4% on a year ago)
- Operating margin: 17.0% (+3.0 points on a year ago)
- ROCE: 22%, FY26
- ROIC: 20.2%, against a 12.0% cost of capital: +8.2 points

The main question: foreign institutions moved −1.5 percentage points over 8 quarters while the business went the other way. ## What is the Garware Technical Fibres share price today? Garware Technical Fibres Ltd's share price was ₹739.00 at the close on 3 November 2026. It has been rising for 15 weeks. That is 0.2% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹592 and ₹820, and at that close it sat 64% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 1 week in a row. Over the last 11 years the share price moved +1,121% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Garware Technical Fibres this quarter? One change stood out: operating margin up 3 points on a year earlier. 1. Operating margin up 3 points on a year earlier 17% in the September 2026 quarter, from 14%. ## What are Garware Technical Fibres' latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), Garware Technical Fibres reported revenue of ₹463 crore, up 33.0% from ₹348 crore a year earlier, and a profit of ₹59.0 crore, up 84.4% from ₹32.0 crore. ### Garware Technical Fibres results: July to September 2026 against a year earlier

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹463 crore | ₹348 crore | +33.0% |
| Profit | ₹59.0 crore | ₹32.0 crore | +84.4% |
| Earnings per share | ₹6.00 | ₹3.22 | +86.3% |
| Operating margin | 17.0% | 14.0% | +3.0 points |

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). (From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.)

## What is the Garware Technical Fibres share price history? Garware Technical Fibres closed at ₹739.00 on 3 November 2026, down 2.6% from ₹759.05 a year earlier (31 October 2025) and up 4.5% over five years. Its highest weekly close since March 2016 was ₹960.15 on 6 December 2024. ### Garware Technical Fibres share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹740.75 | −0.2% |
| 1 month ago · 1 Oct 2026 | ₹768.25 | −3.8% |
| 6 months ago · 30 Apr 2026 | ₹614.75 | +20.2% |
| 1 year ago · 31 Oct 2025 | ₹759.05 | −2.6% |
| 3 years ago · 3 Nov 2023 | ₹635.50 | +16.3% |
| 5 years ago · 4 Nov 2021 | ₹707.10 | +4.5% |
| 10 years ago · 4 Nov 2016 | ₹105.12 | +603.0% |
| Earliest and lowest weekly close in our records · 11 Mar 2016 | ₹60.54 | +1,120.7% |
| Highest weekly close since March 2016 · 6 Dec 2024 | ₹960.15 | −23.0% |
| 52-week high (weekly close) · 18 Sep 2026 | ₹820.35 | −9.9% |
| 52-week low (weekly close) · 27 Mar 2026 | ₹592.45 | +24.7% |

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (563 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on Garware Technical Fibres? 3 Nov 2026: Garware Technical Fibres closed at ₹739.00, down 0.2% on the week and down 3.8% on the month. Results for July to September 2026: Revenue up 33.0% and profit up 84.4% on a year earlier. ### Earlier

- 1 Sep 2026: ex-date for a dividend of ₹1 a share. - 14 Nov 2025: ex-date for an interim dividend of ₹8 a share. - 3 Jan 2025: Bonus issue: 4 new shares for every 1 held (ex-date). ## What dividend does Garware Technical Fibres pay? Garware Technical Fibres paid ₹9 a share in regular dividends in the 12 months to 4 November 2026 (2 payments), a yield of 1.22% at the ₹739.00 close on 3 November 2026. The last was a dividend of ₹1 a share, ex-date 1 September 2026. ### Garware Technical Fibres dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 1 Sep 2026 | ₹1 | Dividend |
| 14 Nov 2025 | ₹8 | Interim |
| 26 Aug 2025 | ₹1.50 | Dividend |
| 12 Sep 2024 | ₹3 | Dividend |
| 11 Sep 2023 | ₹3.50 | Dividend |
| 5 Sep 2022 | ₹7 | Dividend |
| 8 Sep 2021 | ₹2.50 | Dividend |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Garware Technical Fibres Ltd paid out 5% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## Which stock lists is Garware Technical Fibres on? Garware Technical Fibres is on one of our India lists: Momentum stocks. [Momentum stocks Market cap cr: 7193.048500704367](https://www.sectoralpha.in/momentum-stocks-india)

## Is Garware Technical Fibres profitable? Garware Technical Fibres Ltd earned ₹59.0 Cr of net profit in the Sep 2026 quarter, +84.4% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹199 Cr. Over 10 years profit has grown 12.4% a year on average. That is 12.7% of the quarter's revenue. The same quarter a year earlier earned ₹32.0 Cr. For the full year, FY26 profit was ₹199 Cr (−14.2% on the year before). Why profit moved: revenue changed +33.0% on a year earlier and the margin moved +3.0 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +26.0% and revenue +18.3%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does Garware Technical Fibres make, and is it growing? Garware Technical Fibres Ltd reported ₹463 Cr of revenue in the Sep 2026 quarter, +33.0% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 10 years it has grown 6.4% a year on average. The last full year, FY26, came in at ₹1,529 Cr. The last four reported quarters add to ₹1,758 Cr. FY26 revenue was ₹1,529 Cr, −0.7% on the year before. Recent pace: the last four quarters grew +18.3% on average, against 6.4% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +17.3%, against +11.0% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +16.2%, against +2.4% a year (accelerating). ## How much of every ₹100 of sales does Garware Technical Fibres keep? Garware Technical Fibres Ltd's operating margin was 17.0% in the Sep 2026 quarter, 3.0 percentage points higher than the same quarter a year ago. Across 13 years it has been between 9.0% and 21.0%. The latest quarter is within that range. Why the margin moved: operating margin changed +3.4 percentage points on the year while gross margin changed −3.2 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is Garware Technical Fibres' profit turning into cash? Over the last 3 years, 90% of Garware Technical Fibres Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹162 Cr of operating cash against ₹199 Cr of profit. After ₹177 Cr of spending on assets, free cash was −₹15.0 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 90% of profit came in as cash: the cash cycle got 160 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. What to look at next: the bigger use of cash is spending on new assets, at 3.0× depreciation over three years. The next section checks what that spending is building. ## Where does Garware Technical Fibres' cash go? Garware Technical Fibres Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 172 days in FY26, up from 12 days in FY21. It spent ₹262 Cr on assets over the last 3 years. Customers take 66 days to pay, and stock sits for 321 days on average. At FY26 sales of ₹1,529 Cr, each day of that cycle ties up about ₹4.2 Cr, so roughly ₹721 Cr is tied up in the business at any time. FY26: customers took 66 days to pay and stock sat for 321 days, about 10.6 months of sales sitting as stock, for a full cycle of 172 days, longer than FY21's 12. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 321 days. Customers pay about 66 days after that. Suppliers are paid at 215 days. Together that makes the 172-day cycle. Spending on assets: ₹262 Cr over the last 3 years, against ₹88.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹1.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Garware Technical Fibres' P/E ratio, and how does it compare with its own history? Garware Technical Fibres Ltd's P/E is 29.3×, in the middle of its own history: higher than 41% of past readings. Its usual P/E (the middle reading) is 32.6×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹24.07. Why the multiple is where it is: over the past year earnings per share moved −14.2% while the price moved −2.6%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 5 years the price moved +0.9% a year; about +8.6% a year came from earnings growth and about −7.7 percentage points from the multiple (the market paying less); over 10 years the price moved +21.5% a year; about +16.1% a year came from earnings growth and about +5.4 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Garware Technical Fibres business getting better or worse? Garware Technical Fibres Ltd's business is turning around. Profit growth has swung from −11.8% at its low to +16.2%, rising from a low 1 quarters ago, with ROCE steady at 21.7%. This is based on 12 quarters of 4 measures. Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it. ## How much does Garware Technical Fibres earn on its capital? Garware Technical Fibres Ltd earned a ROCE of 22% in FY26. That is up from a low of 14% in FY14. Its return on capital used (ROIC) is 8.2 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 13.0% net margin and 0.81× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 13.0% net margin × 0.81× asset turnover × 1.39× leverage (assets divided by equity) ≈ 14.6% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 20.2% − 12.0% = +8.2 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. A gap this wide means each rupee put back into the business creates more than a rupee of value. The 20.2% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 16.0%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Garware Technical Fibres have too much debt? Garware Technical Fibres Ltd has total debt of ₹43.0 Cr against shareholder equity of ₹1,354 Cr as of Jun 2026, so its debt is 0.03× its equity, which is very little. Year by year, that ratio went from 0.08 in FY22 to 0.03 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Garware Technical Fibres shareholding pattern? Foreign institutions cut their stake in Garware Technical Fibres Ltd by 1.5 percentage points over 8 quarters, the biggest change among its owners. Foreign institutions now own 8.4% of the company. Promoters moved +1.3 points over the same period, to 54.3%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: −1.5 points over 8 quarters, to 8.4%; Promoters: +1.3 points over 8 quarters, to 54.3%; Domestic institutions: +0.3 points over 8 quarters, to 10.8%. Why the owners changed: foreign institutions drove it (−1.5 points), with the other side taken by promoters (+1.3 points). They reduced their stake. ## How far is Garware Technical Fibres from balance-sheet trouble? For Garware Technical Fibres Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Garware Technical Fibres rank in its industry? 59.4 out of 100, rank 1 of 3 in Textiles - Technical Textile, with 97% of the evidence available. Garware Technical Fibres Ltd scores 59.4 out of 100 against the 3 companies it is compared with in Textiles - Technical Textile, ranking 1. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 20.9 + 20.2 + 7.3 + 11 = 59.4. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Garware Technical Fibres compared with? Garware Technical Fibres ranks 1 of 3 Textiles - Technical Textile companies on the 4-Factor Sector Score, with 59.4 out of 100. 1. Garware Technical Fibres Ltd this page GARFIBRES · leader · Evidence leans up · 97% evidence 59.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.9/35 · Revenue 17.3% · Profit 16.2% · Operating margin change 3 points · 100% evidence Capital efficiency 20.2/25 · ROCE 22% · Operating margin 17% · 100% evidence Valuation 7.3/20 · P/E 29.5× · PEG 2.3 · 85% evidence Relative strength 11.0/20 · Lead over its industry -9.9% · Lead over NIFTY 500 11.3% · 1 year -2.3% · 100% evidence · 11 of 12 weeks ahead Exact sum: 20.9 + 20.2 + 7.3 + 11 = 59.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Precot Ltd](https://www.sectoralpha.in/stocks/precot-ltd) PRECOT · quiet · Evidence leans up · 83% evidence 53.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.2/35 · Revenue 2.9% · Profit 48.6% · Operating margin change 6 points · 88% evidence Capital efficiency 12.6/25 · ROCE 11.1% · Operating margin 20% · 100% evidence Valuation 9.9/20 · P/E 14.1× · PEG n/a · 35% evidence Relative strength 5.0/20 · Lead over its industry -9.7% · Lead over NIFTY 500 8.3% · 1 year 22.4% · 100% evidence · 0 of 12 weeks ahead Exact sum: 26.2 + 12.6 + 9.9 + 5 = 53.7 · What this means: Earnings are strong; relative strength in its sector is -9.7% and the one-year return is 22.4%. 3. [Shri Jagdamba Polymers Ltd](https://www.sectoralpha.in/stocks/shri-jagdamba-polymers-ltd) SHRJAGP · breaking out · Evidence leans up · 78% evidence 53.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 11.0/35 · Revenue -9.2% · Profit -9.6% · Operating margin change 4 points · 88% evidence Capital efficiency 14.2/25 · ROCE 15.3% · Operating margin 16% · 100% evidence Valuation 15.5/20 · P/E 12.2× · PEG 0.24 · 85% evidence Relative strength 12.5/20 · Lead over its industry n/a · Lead over NIFTY 500 13.4% · 1 year -17% · 25% evidence · 5 of 5 weeks ahead Exact sum: 11 + 14.2 + 15.5 + 12.5 = 53.2 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Textiles - Technical Textile](https://www.sectoralpha.in/sectors/textiles-technical-textile), all 3 compared on one page. ## Which companies are close to Garware Technical Fibres in size? Garware Technical Fibres is the largest of 3 Textiles - Technical Textile companies on Sector Alpha by market value (scores of 30 October 2026). It is the largest. Just below it: Precot and Shri Jagdamba Polymers. ### Textiles - Technical Textile companies close in size

1. Garware Technical Fibres Ltd ₹7,278 crore
2. [Precot Ltd](https://www.sectoralpha.in/stocks/precot-ltd) ₹723 crore
3. [Shri Jagdamba Polymers Ltd](https://www.sectoralpha.in/stocks/shri-jagdamba-polymers-ltd) ₹581 crore

[All 3 Textiles - Technical Textile companies, largest first](https://www.sectoralpha.in/sectors/textiles-technical-textile#all-companies)

### Companies close in size in other industries

1. [Tourism Finance Corporation of India Ltd](https://www.sectoralpha.in/stocks/tourism-finance-corporation-of-india-ltd) ₹7,311 crore · Finance - PSU Lending
2. [G R Infraprojects Ltd](https://www.sectoralpha.in/stocks/g-r-infraprojects-ltd) ₹7,304 crore · Infra - General
3. Garware Technical Fibres Ltd ₹7,278 crore
4. [Thyrocare Technologies Ltd](https://www.sectoralpha.in/stocks/thyrocare-technologies-ltd) ₹7,263 crore · Diagnostics
5. [Waaree Renewable Technologies Ltd](https://www.sectoralpha.in/stocks/waaree-renewable-technologies-ltd) ₹7,247 crore · Solar EPC

## What else do people ask about Garware Technical Fibres? ### What is Garware Technical Fibres's share price today? Garware Technical Fibres Ltd's share price is ₹739.00, −2.6% over the past year. The whole company is worth ₹7,219 Cr on the market. In the last 52 weeks it traded between ₹592 to ₹820; today it is 64% of the way up from the low, 0.2% above its 200-day average (as of 3 November 2026). ### What were Garware Technical Fibres's latest quarterly results? Garware Technical Fibres Ltd reported revenue of ₹463 Cr and net profit of ₹59.0 Cr for the Sep 2026 quarter. Revenue rose 33.0% and profit rose 84.4% compared with a year earlier. Earnings per share were ₹6.00. The operating margin was 17.0%, 3.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is Garware Technical Fibres's market cap? Garware Technical Fibres Ltd's market capitalisation is ₹7,219 Cr at a share price of ₹739.00. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Garware Technical Fibres performing? Garware Technical Fibres Ltd's share price has been rising for 15 weeks. In its latest quarter, revenue rose 33.0% and profit rose 84.4% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 1 week running (as of 3 November 2026). ### Will Garware Technical Fibres's share price go up? This page does not forecast Garware Technical Fibres Ltd's share price. What it shows instead: the share price is ₹739.00, and it has been rising for 15 weeks. Its P/E of 29.3× is higher than 41% of its own last 11 years (as of 3 November 2026). ### Who owns Garware Technical Fibres? Promoters own 54.3% of Garware Technical Fibres Ltd, foreign institutions 8.4%, domestic institutions 10.8% and the public 26.6% (latest quarter). The biggest change over the last two years: Foreign institutions cut their stake by 1.5 percentage points over 8 quarters (as of 3 November 2026). ### Where is Garware Technical Fibres in its business cycle? Garware Technical Fibres Ltd's FY26 operating margin was 17.0%, against a 13-year range of 9.0% to 21.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 17.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Garware Technical Fibres story? The main question: foreign institutions moved −1.5 percentage points over 8 quarters while the business went the other way. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Garware Technical Fibres a stock worth studying right now? What the numbers show: Garware Technical Fibres Ltd grows steadily. It earns returns above 15% with few surprises. The main open question: whether the owners’ moves turn back in line with the business. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists

- Momentum stocks: https://www.sectoralpha.in/momentum-stocks-india

This is research, not advice. We’re not SEBI-registered.