What is Garware Marine Industries share price return in the past 10 years?

Garware Marine Industries Ltd share price has declined -1.3% annually (CAGR) over the past ten years.

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

The latest standalone P/E ratio of Garware Marine Industries as of 21-Nov-2024 is 100.50.

What is the P/B ratio of Garware Marine Industries?

The latest standalone P/B ratio of Garware Marine Industries as of 21-Nov-2024 is 1.28.

What is the 52-week high and low of Garware Marine Industries?

The 52-week high of Garware Marine Industries is Rs. 57.01 and the 52-week low is Rs. 8.23.

Garware Marine Industries Ltd - Stock Valuation and Financial Performance

Name: Garware Marine Industries
Brand: Garware Marine Industries

BSE: 509563 | NSE: | Textile | Small Cap

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Garware Marine Inds. Share Price

₹36.22 -0.73 -1.98%
as on 21-Nov'24 15:31

DeciZen - make an informed investing decision on Garware Marine Inds.

Based on:

Data

M-Cap below 100cr DeciZen not available

Garware Marine Industries stock performance -

PE Chart Key Ratios

P/E Ratio (SA):

100.50

Market Cap:

21.3 Cr.

52-wk low:

8.2

52-wk high:

Is Garware Marine Industries Ltd an attractive stock to invest in?

1. Is Garware Marine Industries Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Garware Marine Industries Ltd is a below average quality company.

2. Is Garware Marine Industries Ltd undervalued or overvalued?

The key valuation ratios of Garware Marine Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Garware Marine Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Garware Marine Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Garware Marine Inds.:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	-9.8%	1.4%	-6%	3.7%	3.5%	1.8%	3%	0.2%	1.2%	-0.7%	-
Value Creation Index ⓘ	-1.7	-0.9	-1.4	-0.7	-0.8	-0.9	-0.8	-1.0	-0.9	-1.1	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	1.2	1.2	0.9	1.2	1.3	1.1	1.3	1.6	1.2	0.7	1
Sales YoY Gr.	-	-6.5%	-24.1%	30.7%	8.7%	-10.4%	16.1%	21.5%	-22.8%	-45.9%	-
Adj EPS ⓘ	-1.6	-0.7	-1.1	-0.1	0.4	0.1	0.3	0	0.2	-0.1	0.4
YoY Gr.	-	NA	NA	NA	NA	-63.2%	78.6%	-92%	900%	-160%	-
BVPS (₹) ⓘ	13	9.8	18.4	13	10.9	8.8	10	19.4	13.7	19.2	29
Adj Net Profit ⓘ	-0.9	-0.4	-0.6	-0.1	0.2	0.1	0.1	0	0.1	-0.1	0
Cash Flow from Ops. ⓘ	-0.7	-0.4	-0.4	-0.2	0.3	0	0.2	0.1	-0.1	0	-
Debt/CF from Ops. ⓘ	0	0	0	0	0	0	0	0	0	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	-6.8%	-12%	-20.2%	-45.9%
Adj EPS ⓘ	NA	-179.4%	-178.3%	-160%
BVPSⓘ	4.4%	12%	24.3%	39.7%
Share Price	-1.3%	65.7%	67%	308.8%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	-11.7	-7.5	-7.6	-0.7	3.2	1.4	2.6	0.2	1.2	-0.7	1.5
Op. Profit Mgn % ⓘ	-83.5	-63.2	-54.9	17	18.2	7.9	11.3	0.9	9.7	-17	22.1
Net Profit Mgn % ⓘ	-75.4	-36.4	-69.8	-5.1	17.5	7.1	10.9	0.9	9.5	-10.3	21.4
Debt to Equity ⓘ	0	0	0	0	0	0	0	0	0	0	0
Working Cap Days ⓘ	2,191	1,562	1,977	1,571	1,472	1,602	1,373	1,109	1,467	2,808	1,172
Cash Conv. Cycle ⓘ	1,463	1,264	1,614	1,267	1,243	1,441	1,231	982	1,289	2,478	1,076

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 1.50%

Sales growth is good in last 4 quarters at 27.02%

Sales growth has been subdued in last 3 years -20.22%

Net Profit has been subdued in last 3 years -178.30%

Latest Financials - Garware Marine Industries Ltd.

	Standalone	Consolidated
TTM EPS (₹)	0.4	-
TTM Sales (₹ Cr.)	1	-
BVPS (₹.) ⓘ	29	-
Reserves (₹ Cr.) ⓘ	11	-
P/BV ⓘ	1.28	-
PE ⓘ	100.50	-

From the Market
52 Week Low / High (₹)	8.23 / 57.01
All Time Low / High (₹)	0.60 / 67.85
Market Cap (₹ Cr.)	21.3
Equity (₹ Cr.)	5.8
Face Value (₹)	10
Industry PE ⓘ	26.9

Management X-Ray of Garware Marine Inds.:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Garware Marine Inds.

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Garware Marine Inds.

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	0.93	1.16	0.88	1.15	1.25	1.12	1.30	1.58	1.22	0.66
Operating Expenses ⓘ	1.80	1.91	1.36	0.96	1.02	1.03	1.15	1.57	1.11	0.77
Manufacturing Costs	0.08	0.14	0.10	0.09	0.03	0.03	0.03	0.03	0.03	0.03
Material Costs	0	0	0.30	0	0	0	0	0	0	0
Employee Cost	0.33	0.45	0.40	0.58	0.56	0.63	0.64	0.61	0.56	0.41
Other Costs ⓘ	1.39	1.32	0.57	0.29	0.43	0.37	0.49	0.93	0.52	0.33
Operating Profit ⓘ	-0.87	-0.75	-0.48	0.20	0.23	0.09	0.15	0.01	0.12	-0.11
Operating Profit Margin (%)	-93.4%	-64.8%	-54.9%	17.0%	18.2%	7.9%	11.3%	0.9%	9.7%	-17.0%
Other Income ⓘ	0.29	0.83	0	0.02	0.02	0.02	0.01	0.01	0	0.05
Interest ⓘ	0.04	0.06	0.05	0.03	0.02	0.01	0.01	0	0	0
Depreciation ⓘ	0.01	0	0	0	0	0	0	0	0	0
Exceptional Items ⓘ	0	0	0	0.12	0	0	0	0	0	0
Profit Before Tax ⓘ	-0.63	0.02	-0.53	0.30	0.22	0.09	0.15	0.02	0.12	-0.07
Tax ⓘ	0.14	0.02	0.08	0.28	0.01	0.01	0.01	0	0	0
Profit After Tax	-0.76	0	-0.61	0.03	0.22	0.08	0.14	0.01	0.12	-0.07
PAT Margin (%)	-82.0%	0.0%	-69.8%	2.2%	17.5%	7.1%	10.9%	0.9%	9.5%	-10.3%
Adjusted EPS (₹)	-1.3	0.0	-1.1	0.0	0.4	0.1	0.3	0.0	0.2	-0.1
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	5.64	5.64	10.61	7.49	6.27	5.05	5.75	11.19	7.91	11.05
Share Capital ⓘ	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	4.84	1.73	0.50	-0.72	-0.02	5.42	2.14	5.28
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	0	0	0	0	0	0	0	0	0	0
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	0	0	0	0	0	0	0	0	0	0
Trade Payables	0.10	0.02	0.06	0.05	0.03	0.04	0.04	0.05	0.08	0.10
Others Liabilities ⓘ	0.57	0.42	0.49	0.88	0.73	0.56	0.56	0.25	0.10	0.34
Total Liabilities ⓘ	6.31	6.08	11.16	8.43	7.03	5.65	6.34	11.48	8.10	11.49
Fixed Assets
Gross Block	0.32	0.32	0.32	0.33	0.33	0.33	0.33	0.34	0.34	0.34
Accumulated Depreciation	0.30	0.30	0.31	0.31	0.31	0.32	0.32	0.32	0.32	0.32
Net Fixed Assetsⓘ	0.02	0.02	0.01	0.02	0.02	0.01	0.01	0.02	0.02	0.01
CWIP ⓘ	0	0	0	0	0	0	0	0	0	0
Investmentsⓘ	0.90	0.89	6.33	3.09	1.64	0.38	0.93	6.54	2.95	6.32
Inventories	0.98	0.30	0	0	0	0	0	0	0	0
Trade Receivables	3.34	3.61	3.98	4.20	4.46	4.49	4.41	4.31	4.59	4.64
Cash Equivalents	0.23	0.39	0.07	0.16	0.47	0.34	0.55	0.14	0.06	0.04
Others Assetsⓘ	0.83	0.87	0.77	0.96	0.44	0.43	0.44	0.47	0.48	0.48
Total Assets ⓘ	6.31	6.08	11.16	8.43	7.03	5.65	6.34	11.48	8.10	11.49

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	-0.49	-0.43	-0.42	-0.18	0.26	-0.01	0.22	0.10	-0.08	-0.02
PBT ⓘ	-0.63	0.02	-0.53	0.30	0.22	0.09	0.15	0.02	0.12	-0.07
Adjustment ⓘ	0.92	0.08	0.16	0.02	0	0	0.18	0.56	0.16	0.01
Changes in Working Capital ⓘ	-0.78	-0.53	-0.04	-0.46	0.02	-0.05	-0.08	-0.44	-0.33	0.05
Tax Paid ⓘ	0	0	-0.01	-0.04	0.01	-0.04	-0.02	-0.03	-0.02	-0.01
Cash Flow From Investing Activity ⓘ	0.01	0.65	0.15	0.04	0.20	0.02	0.01	0	0	0
Capex	0.01	0.01	0.15	0.02	0.18	0	0	-0.01	0	0
Net Investments	0	0.64	0	0	0	0	0	0	0	0
Others ⓘ	0	0	0	0.02	0.02	0.02	0.01	0.01	0	0
Cash Flow From Financing Activityⓘ	0.10	-0.07	-0.05	0.23	-0.14	-0.14	-0.02	-0.50	0	0
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-0.04	-0.06	-0.05	-0.03	-0.02	-0.01	-0.01	0	0	0
Dividend Paid ⓘ	-0.04	-0.02	-0.02	-0.02	-0.02	0	0	0	0	0
Others ⓘ	0.18	0.01	0.01	0.27	-0.10	-0.13	-0.01	-0.50	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

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	-12.67	0.01	-7.56	0.28	3.17	1.4	2.63	0.17	1.21	-0.72
ROCE (%)	-9.78	1.43	-5.95	3.67	3.51	1.82	2.96	0.23	1.23	-0.68
Asset Turnover Ratio	0.13	0.19	0.1	0.12	0.16	0.18	0.22	0.18	0.13	0.07
PAT to CFO Conversion(x)	N/A	N/A	N/A	-6	1.18	-0.13	1.57	10	-0.67	N/A
Working Capital Days
Receivable Days	1,290	1,094	1,576	1,296	1,268	1,460	1,250	1,005	1,326	2,545
Inventory Days	386	201	0	0	0	0	0	0	0	0
Payable Days	0	0	48	0	0	0	0	0	0	0

Garware Marine Industries Ltd Stock News

Garware Marine Industries Ltd FAQs

What is the share price of Garware Marine Inds.?

Company share prices are keep on changing according to the market conditions. The closing price of Garware Marine Inds. on 21-Nov-2024 15:31 is ₹36.22.

What is the market cap of Garware Marine Inds.?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 15:31 the market cap of Garware Marine Inds. stood at ₹21.31.

What is the P/E ratio of Garware Marine Inds.?

The latest P/E ratio of Garware Marine Inds. as of 21-Nov-2024 15:31 is 100.5.

What is the P/B ratio of Garware Marine Inds.?

The latest P/B ratio of Garware Marine Inds. as of 21-Nov-2024 15:31 is 1.28.

What is the 52-week high and low of Garware Marine Inds.?

The 52-week high of Garware Marine Inds. is ₹57.01 and the 52-week low is ₹8.23.

What is the TTM revenue of Garware Marine Inds.?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Garware Marine Inds. is ₹1.00 ( Cr.) .

About Garware Marine Industries Ltd

Garware Marine Industries was promoted by the Late Padma Bhushan B D Garware, founder of the Garware Group of Companies.

Garware Marine Industries (GMIL) is a public limited company incorporated in 1975 as Modern Nets Ltd. The name was subsequently changed to Garware Marine Industries Ltd. in 1981. The shares of the company are listed on the Bombay Stock Exchange Limited.

The company has been engaged in the manufacture and marketing of fishing nets for over 3 decades and is catering to the needs of large number of fishermen throughout the Indian sub-continent.

The company has an extremely sound marketing network for its products.The company's factory is located at Ahmednagar in Maharashtra. The products manufactured by the company are well accepted in Indian markets and Internationaly and even command a premium over other manufacturers products in view of the exceptional quality and services.

There are 24 net making machines made by world famous companies - Toyo and Amita, Japan; in the state-of-the art factory at Ahmednagar. GMIL has its own Twisting Division in the same factory to produce Twine for captive consumption. The company, at present is producing 30 tonnes of nets per month. Total turnover of the company for the year is over Rs 100 million.

The company also has Ship Repair Division which employs 5 qualified Engineers / Fitters.

The company is registered with Director General of Foreign Trade and has been exporting its products for the last few years. The company's products have been accepted in the international market.

Products offered by the company:

The company is involved in the manufacture and marketing of fishing nets made from nylon yarn. The companyâ€™s range of manufacture stretches from 210 Denier / 2 ply to 36 ply / from a minimum 10 mm to 400 mm Mesh sizes and upto maximum 600 MD Mesh Depth. Single Knot and Double Knot can be provided on order for certain construction sizes.