Garware Technical Fibres Limited

Manufacturer of ropes, nets, fabrics, and solutions for various industries.

1976 | Pune, Maharashtra (India) | Active
Last Updated:

Garware Technical Fibres Profile

Key Indicators

  • Authorised Capital ₹ 60.00 Cr
  • Paid Up Capital ₹ 19.85 Cr
  • Company Age 49 Year, 25 Days
  • 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 49 years. 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

  • CIN/LLPIN

    L25209MH1976PLC018939

  • Company No.

    018939

  • Stock Symbol

    BSE : 509557 NSE : GARFIBRES

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Apr 1976

  • Date of AGM

    19 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Pune

Industry

Manufacturing

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.

Company report

Garware Technical Fibres Limited

Explore comprehensive data for Garware Technical Fibres Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Garware Technical Fibres?

Executive Team (3)

NameDesignationAppointment DateStatus
Vayu Garware Country flag representing Au Managing Director01-Dec-1995Current
Sunil Agarwal Country flag representing In Company Secretary14-Apr-2015Current
Shashank Gupta CFO01-Sep-2023Current

Board Members (5)

NameDesignationAppointment DateStatus
Ashish Goel Country flag representing In Director 28-May-2024Current
Shridhar Rajpathak Country flag representing In Director 24-May-2017Current
Mallika Sagar Country flag representing In Director 30-May-2019Current
Anil Sadashiv Country flag representing In Director 30-Jan-2024Current
Mayuri Garware Country flag representing In Director 16-Aug-2014Current

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%.

Garware Technical Fibres revenue growth over time
Garware Technical Fibres profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
14.24%
Revenue from Operations
15.61%
Total Assets
8.09%
Profit or Loss
3.95%
Net Worth
18.41%
EBITDA
8.88%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹399.95 Cr

Satisfied Charges

₹474.45 Cr

Charges Breakdown by Lending Institutions

  • Others : 399.95 Cr

Latest Charge Details

DateLenderAmountStatus
27 Aug 2024Others₹399.95 CrOpen
11 Jan 2012The Hongkong And Shanghai Banking Corporation Limited₹15.00 CrSatisfied
01 Nov 2011Citibank N. A.₹25.00 CrSatisfied
24 Oct 2011Hdfc Bank Limited₹25.00 CrSatisfied
13 Oct 2008Idbi Bank Limited₹12.13 CrSatisfied

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.

Employee growth trends for Garware Technical Fibres Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Garware Technical Fibres

Recent activity within the organization

  • Charges

    A charge registered on 26 Mar 1998 via Charge ID 90084810 with Bank Of India was fully satisfied on 24 Sep 2024.

  • Annual General Meeting

    Garware Technical Fibres Limited last Annual general meeting of members was held on 19 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 399.95 Cr with Charge ID 100971901 was registered on 27 Aug 2024.

  • Director Appointment

    Ashish Dhurvendra Goel was appointed as a Director was appointed as a Director on 28 May 2024 & has been associated with this company since 10 months 29 days .

  • Balance Sheet

    Garware Technical Fibres Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

  • Director Appointment

    Anil Wagle Sadashiv was appointed as a Director was appointed as a Director on 30 Jan 2024 & has been associated with this company since 1 year 2 months .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Garware Technical Fibres Limited?

    Garware Technical Fibres Limited was incorporated on 01 Apr 1976.

  • What is authorized share capital and paid-up capital of Garware Technical Fibres Limited?

    The authorized share capital of Garware Technical Fibres Limited is ₹ 60.00 Cr and paid-up capital is ₹ 19.85 Cr.

  • Who are the current board members & directors of Garware Technical Fibres Limited?

    Currently 8 directors are associated with Garware Technical Fibres Limited.

    • Shridhar Shrikrishna Rajpathak
    • Vayu Ramesh Garware
    • Ashish Dhurvendra Goel
    • Mallika Sagar
    • Anil Wagle Sadashiv
    • Mayuri Vayu Garware
    • Sunil Agarwal
    • Shashank Gupta

  • What is the registered address of Garware Technical Fibres Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Garware Technical Fibres Limited is Plot No 11 Block D-1Midc Chinchwad India, Pune, Maharashtra, 411019.

  • What is the corporate identification number (CIN) and company number of Garware Technical Fibres Limited?

    The corporate identification number (CIN) of Garware Technical Fibres Limited is L25209MH1976PLC018939 and the company number is 018939 as per Ministry of Corporate Affairs (MCA).

  • Is Garware Technical Fibres Limited registered with any stock exchange in India?

    Yes, Garware Technical Fibres Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): GARFIBRES.

  • What is the official website of Garware Technical Fibres Limited?

    The Official website of Garware Technical Fibres Limited is https://www.garwarefibres.com

  • What has been the recent revenue trend for Garware Technical Fibres Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Garware Technical Fibres Limited has risen by 14.24%.

  • How many employees does Garware Technical Fibres Limited currently have?

    As Per 2022 financial reports, 1150 employees are currently employed by Garware Technical Fibres Limited.

  • What change has been observed in the net worth of Garware Technical Fibres Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Garware Technical Fibres Limited has experienced an upsurge of 18.41%.

  • What are the total open charges for Garware Technical Fibres Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Garware Technical Fibres Limited amount to ₹ 399.95 Cr.

  • When was the last Balance Sheet of Garware Technical Fibres Limited filed with the ROC?

    The most recent Balance Sheet for Garware Technical Fibres Limited was filed with the ROC on 31 Mar 2024.

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