The Board of Directors of the Company has recommended a Final Dividend of Rs. 1 per share (10%) on 9,92,65,845 Equity Shares of Rs. 10 each for the financial year 2025-26 for approval by ....
GARFIBRES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.2 pts less than Nifty Microcap 250 and 3.6 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Garware Technical Fibres reported FY 2025-26 standalone revenue of Rs 1,41,898 lakhs, down 4.7% from Rs 1,48,868 lakhs in the prior year. Standalone PAT declined marginally to Rs 21,127 lakhs from Rs 21,407 lakhs. On a consolidated basis, revenue was Rs 1,52,879 lakhs with PAT dropping 14.2% to Rs 19,867 lakhs from Rs 23,154 lakhs, impacted by an exceptional item of Rs 1,390 lakhs due to new labour code implementation. The Board recommended a final dividend of Rs 1 per share (10%) in addition to the Rs 8 per share interim dividend already paid, totaling Rs 9 per share for FY26. An earlier share buyback of up to 16,17,500 shares at Rs 680 per share (Rs 11,000 lakhs) was also approved. The company acquired 100% stakes in Offshore & Trawl System AS and Advanced Mooring System AS in Norway in July 2025.
While standalone PAT remained relatively stable, the 14% consolidated PAT decline reflects new labour cost pressures and acquisition integration costs. The 90% total dividend payout signals management confidence, and the ongoing buyback demonstrates capital return intent despite muted earnings growth.