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.
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.