Garware Technical Fibres Profile
Key Indicators
- Authorised Capital ₹ 60.00 Cr
- Paid Up Capital ₹ 19.85 Cr
- Company Age 48 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 399.95 Cr
- Satisfied Charges ₹ 474.45 Cr
- Revenue Growth 14.24%
- Profit Growth 3.95%
- Ebitda 8.88%
- Net Worth 18.41%
- Total Assets 8.09%
About Garware Technical Fibres
Garware Technical Fibres Limited (GTFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 April 1976 and has a history of 48 years and ten months. Its registered office is in Pune, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 509557 and on the National Stock Exchange(NSE) under GARFIBRES.
The Corporate was formerly known as Garware Wall Ropes Limited. The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 60.00 Cr and a paid-up capital of Rs 19.85 Cr.
The company currently has active open charges totaling ₹399.95 Cr. The company has closed loans amounting to ₹474.45 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Garware Technical Fibres Limited India are Sunil Agarwal as COMPANY SECRETARY and Shashank Gupta as Cfo. Shridhar Rajpathak, Vayu Garware, Ashish Goel, and Three other members serve as directors at the Company.
Company Details
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
What products or services does Garware Technical Fibres Limited offer?
Garware Technical Fibres Limited offers a wide range of products and services, including Lifting Hooks, Chains & Clamps, Rigging and Lifting Hooks, Sports Training Aids & Equipments, Sport Goods, Team Sports Goods & Supplies, Football Balls & Goals, Fishing Nets, Trawl Nets, Industrial Uniforms & Safety Wear, Safety Belts.
Who are the key members and board of directors at Garware Technical Fibres?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vayu Garware  | Managing Director | 01-Dec-1995 | Current |
Sunil Agarwal  | Company Secretary | 14-Apr-2015 | Current |
| Shashank Gupta | CFO | 01-Sep-2023 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ashish Goel | Director | 28-May-2024 | Current |
| Shridhar Rajpathak | Director | 24-May-2017 | Current |
| Mallika Sagar | Director | 30-May-2019 | Current |
| Anil Sadashiv | Director | 30-Jan-2024 | Current |
| Mayuri Garware | Director | 16-Aug-2014 | Current |
Financial Performance of Garware Technical Fibres.
Garware Technical Fibres Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 14.24% increase. The company also saw a slight improvement in profitability, with a 3.95% increase in profit. The company's net worth Soared by an impressive increase of 18.41%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Garware Technical Fibres?
In 2022, Garware Technical Fibres had a promoter holding of 52.62% and a public holding of 47.38%. The company had 3 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Garware Technical Textile Private LimitedShridhar Rajpathak and Vayu Garware are mutual person
- Garware Meditech Private Limited
Vayu Garware is a mutual person
- Garware Infrastructure Private Limited
Vayu Garware is a mutual person
- Garware Research Institute
Vayu Garware and Mayuri Garware are mutual person
- Garware Capital Markets Limited
Vayu Garware and Mayuri Garware are mutual person
The Plastics Export Promotion CouncilShridhar Rajpathak is a mutual person
Charges (Loans)
₹399.95 Cr
₹474.45 Cr
Charges Breakdown by Lending Institutions
- Others : 399.95 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Aug 2024 | Others | ₹399.95 Cr | Open |
| 11 Jan 2012 | The Hongkong And Shanghai Banking Corporation Limited | ₹15.00 Cr | Satisfied |
| 01 Nov 2011 | Citibank N. A. | ₹25.00 Cr | Satisfied |
| 24 Oct 2011 | Hdfc Bank Limited | ₹25.00 Cr | Satisfied |
| 13 Oct 2008 | Idbi Bank Limited | ₹12.13 Cr | Satisfied |
How Many Employees Work at Garware Technical Fibres?
Garware Technical Fibres has a workforce of 1150 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Garware Technical Fibres, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Garware Technical Fibres's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
