Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

“Our strategy of continuing to grow market share is very strong and it continues to be a high priority for us. In terms of value addition, one of our core strategies is to sometimes even cannibalise our own products with higher value-added products. In our company, key focus is on new products and R…

Garware Technical Fibres CMD on maintaining margins, new acquisition plans

Leading specialty polyester films exporter Garware Hi-Tech Films Ltd’s (GHFL) profit after tax soared by around 42 per cent to Rs 45.12 crore in January-March 2021-22.

Garware Hi-Tech Films Q4 profit soars 42% to Rs 45 cr, revenue jumps 12%

Its revenue on a consolidated basis rose by over 12 per cent to around Rs 324 crore in the last quarter of FY22 compared to Rs 287 crore in the year-ago period.

Garware Hi-Tech Films Q4 profit soars 42 per cent to Rs 45 crore, new facility to start operation in next quarter | The Financial Express

Garware Marine Standalone March 2022 Net Sales at Rs 0.27 crore, down 6.1% Y-o-Y

Garware Hi-Tech Films rose 8.01% to Rs 673.85 after the company’s consolidated net profit rose 41.89% to Rs 45.12 crore on 12.43% rise in net sales to Rs 323.51 crore in Q4 March 2022 over Q4 March 2021.

Garware Hi-Tech soars after Q4 PAT jumps 42% YoY

Net sales increased by 6.2 per cent to ₹356.3 crore in Q4 FY22 as compared to ₹335.4 crore in Q4 FY21

Garware Technical Fibres PAT increases by 4%

Garware Technic Consolidated March 2022 Net Sales at Rs 356.31 crore, up 6.23% Y-o-Y

Garware Technic Standalone March 2022 Net Sales at Rs 361.80 crore, up 18.58% Y-o-Y

CD Equisearch is bullish on Garware Technical Fibres recommended buy rating on the stock with a target price of Rs 3031 in its research report dated April 21, 2022.

Buy Garware Technical Fibres; target of Rs 3031: CD Equisearch

Counter Cyclical Investments Long Term Value Investment strategy came in second to deliver 121 per cent return. The fund holds 49 stocks, all smallcaps, in the portfolio. Its top five holdings are Ambika Cotton Mills, Orient Bell, Allcargo Logistics, Garware Hi-Tech Films and Apollo Sindoori Hotels.

2 smallcap-heavy PMS portfolios more than double investor money in FY22

The first train manufactured at Titagarh’s Italian facilities was flagged off and launched for normal operation on March 7, 2022, by Shri Narendra Modi, the Hon’ble Prime Minister of India from the Garware Station in Pune. The PM also took a ride on the train.

India’s first Aluminium body metro train manufactured by Titagarh Wagons flagged off today

Garware-Wall Ropes manufactures and sells various products, such as ropes, twine, yarn, fishnet, nettings and technical textiles. It provides solutions for various sectors, including deep-sea fishing, agriculture, sports, infrastructure etc.

Garware Technical Fibres Ltd

Garware Technical Fibres Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Garware Technical Fibres CMD on maintaining margins, new acquisition plans

Garware Hi-Tech Films Q4 profit soars 42% to Rs 45 cr, revenue jumps 12%

Garware Hi-Tech Films Q4 profit soars 42 per cent to Rs 45 crore, new facility to start operation in next quarter | The Financial Express

Garware Marine Standalone March 2022 Net Sales at Rs 0.27 crore, down 6.1% Y-o-Y

Garware Hi-Tech soars after Q4 PAT jumps 42% YoY

Garware Technical Fibres PAT increases by 4%

Garware Technic Consolidated March 2022 Net Sales at Rs 356.31 crore, up 6.23% Y-o-Y

Garware Technical Fibres Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Garware Technical Fibres CMD on maintaining margins, new acquisition plans

Garware Hi-Tech Films Q4 profit soars 42% to Rs 45 cr, revenue jumps 12%

Garware Hi-Tech Films Q4 profit soars 42 per cent to Rs 45 crore, new facility to start operation in next quarter | The Financial Express

Garware Marine Standalone March 2022 Net Sales at Rs 0.27 crore, down 6.1% Y-o-Y

Garware Hi-Tech soars after Q4 PAT jumps 42% YoY

Garware Technical Fibres PAT increases by 4%

Garware Technic Consolidated March 2022 Net Sales at Rs 356.31 crore, up 6.23% Y-o-Y

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock