GARWARE MARINE INDUSTRIES LTD.
Latest filings
Next results: Wed, 4 Nov · Financial Results- Board meeting set for 4 November 2026 to approve Q2 and H1 results · Results
- Routine RTA certificate for Q2 FY26 dematerialization compliance · Compliance
- EGM approves raising Section 185 limit to Rs.50 Cr, related party transaction with GOSL · Board & Shareholder Meetings
Snapshot
What the business is, and whether it's a good one at a fair price.
Operates in the textile sector under the 'Other Textile Products' classification, though current operating scale is very small — FY26 revenue was Rs. 1.08 crore, down 9.8% from Rs. 120.18 lakhs in the prior year. Net profit for FY26 fell 66% to Rs. 14.72 lakhs from Rs. 43.34 lakhs. The company's main disclosed revenue activity is guarantee commission on a Rs. 10 crore corporate guarantee it has issued on behalf of Global Offshore Services Ltd against a Rs. 40 crore term loan from Kotak Mahindra Bank, where GOSL is the borrowing entity. Employee costs account for 34.1% of revenue and other operating expenses 55% of revenue, with negligible materials cost, indicating limited current manufacturing or trading activity. The statutory auditor issued a qualified opinion because the company did not set aside expected credit loss on Rs. 355.15 lakhs of trade receivables outstanding over 3 years. The company also recorded mark-to-market losses of Rs. (489.99) lakhs on equity instruments held through OCI in 9M FY26, and cash and cash equivalents stood at just Rs. 2.07 lakhs with negative operating cash flow in FY26. It is BSE-listed with a 6-member board (3 independent directors) and shifted its Mumbai registered office from Fort to Prabhadevi in June 2026.
Scorecard
Measured from the filed financials, judged against its Other Textile Products peers · as of FY26 — not investment advice
Strengths
Concerns
Charts
How has the market priced it — with filings on the timeline?
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Peers
How does it stack up on valuation, returns and growth?
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Financials
Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.
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Ownership
Who owns it — and is the promoter stake clean?
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Common questions
Answered from GARWARE MARINE INDUSTRIES LTD.'s filed financials and exchange disclosures
What does GARWARE MARINE INDUSTRIES LTD. do?
GARWARE MARINE INDUSTRIES LTD. is a Textiles & Apparels company listed on BSE.
Is GARWARE MARINE INDUSTRIES LTD. profitable?
Yes. Over the trailing twelve months GARWARE MARINE INDUSTRIES LTD. reported a net profit of ₹0.15 Cr on revenue of ₹1.08 Cr.
Does GARWARE MARINE INDUSTRIES LTD. pay a dividend?
Not in the latest reported year — GARWARE MARINE INDUSTRIES LTD.'s dividend payout for FY26 was nil.
Is GARWARE MARINE INDUSTRIES LTD. debt-free?
Yes. It reported no borrowings on its 31 Mar 2026 balance sheet, and ₹0.01 Cr of cash.
Is GARWARE MARINE INDUSTRIES LTD. expensive compared with its peers?
On trailing P/E, GARWARE MARINE INDUSTRIES LTD. ranks 151 of 179 in Other Textile Products — cheaper than 16% of them, against an industry median of 16.8×. This is a position, not a valuation judgement.
How much does the GARWARE MARINE INDUSTRIES LTD. share price move in a day?
On a typical session GARWARE MARINE INDUSTRIES LTD. moves 1.59% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.
When are GARWARE MARINE INDUSTRIES LTD.'s next results?
Financial Results on Wed, 4 Nov. MarketPing alerts you on WhatsApp the moment the filing lands.
Where can I track GARWARE MARINE INDUSTRIES LTD.'s announcements?
Every NSE and BSE filing by GARWARE MARINE INDUSTRIES LTD. appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.
Figures are as last reported and may lag the latest filing. Not investment advice.