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Garware Technical Fibres is currently trading at Rs. 1498.25, up by 44.95 points or 3.09% from its previous closing of Rs. 1453.30 on the BSE.The scrip opened at Rs. 1498.15 and has touched a high and low of Rs. 1498.25 and Rs. 1498.15 respectively. So far 100 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 1600.00 on 27-Jan-2020 and a 52 week low of Rs. 967.50 on 14-Aug-2019.Last one week high and low of the scrip stood at Rs. 1580.00 and Rs. 1437.00 respectively. The current market cap of the company is Rs. 3277.93 crore.The promoters holding in the company stood at 50.71%, while Institutions and Non-Institutions held 10.43% and 38.87% respectively.Garware Technical Fibres has incorporated a wholly owned subsidiary (WOS) of the company, in the name and style as ‘Garware Technical Fibres Chile SpA’, in Republic of Chile. The WOS is incorporated with object to carry on inter alia the business of processors, exporters, importers, buyers, sellers and dealers in ropes, cordage, strings, twines and nettings and other licit activities and businesses related or ancillary to the foregoing. The business of the WOS is in line with main business activities of the company.Garware Technical Fibres is engaged in the manufacturing of ropes, twines and cordage, nettings, multi-filament yarns, and geotechnical nets and fabrics.

A fair growth of 6.12% in the revenue at Rs. 2357.81 millions was reported in the December 2019 quarter as compared to Rs. 2221.85 millions during year-ago period.The Company has registered profit of Rs. 289.44  millions for the quarter ended December 2019, a growth of 17.14%  over Rs. 247.08 millions millions achieved in the corresponding quarter of last year.Operating Profit saw a handsome growth to 462.14 millions from 441.76 millions in the quarter ended December 2019. (Rs. in Million) Quarter ended Year to Date Year ended 201912 201812 % Var 201912 201812 % Var 201903 201803 % Var Sales 2357.81 2221.85 6.12 7005.28 7282.79 -3.81 10178.23 8854.96 14.94 Other Income 81.57 73.53 10.93 245.18 128.50 90.80 209.77 178.50 17.52 PBIDT 462.14 441.76 4.61 1468.96 1539.67 -4.59 2129.63 1783.37 19.42 Interest 29.47 34.28 -14.03 86.98 100.29 -13.27 137.23 99.77 37.55 PBDT 432.67 407.48 6.18 1381.99 1439.38 -3.99 1992.40 1683.60 18.34 Depreciation 49.78 43.44 14.59 141.66 126.85 11.68 172.40 153.48 12.33 PBT 382.89 364.04 5.18 1240.33 1312.53 -5.50 1820.00 1530.12 18.94 TAX 93.45 116.96 -20.10 192.31 422.45 -54.48 563.88 478.94 17.73 Deferred Tax 11.86 14.76 -19.65 -68.80 19.49 -453.00 39.79 45.14 -11.85 PAT 289.44 247.08 17.14 1048.02 890.08 17.74 1256.12 1051.18 19.50 Equity 218.82 218.82 0.00 218.82 218.82 0.00 218.82 218.82 0.00 PBIDTM(%) 19.60 19.88 -1.42 20.97 21.14 -0.81 20.92 20.14 3.89

The revenue declined to Rs. 2323.26 millions for the quarter ended June 2019 as compared to Rs. 2442.58 millions during the corresponding quarter last year.The Net Profit of the company registered a slight decline of -5.65% to Rs. 295.95  millions from Rs. 313.67 millions.The company reported a degrowth in operating Profit to 496.57 millions from 535.93 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201906 201806 % Var 201906 201806 % Var 201903 201803 % Var Sales 2323.26 2442.58 -4.88 2323.26 2442.58 -4.88 10178.23 8854.96 14.94 Other Income 65.43 18.58 252.15 65.43 18.58 252.15 209.77 178.50 17.52 PBIDT 496.57 535.93 -7.34 496.57 535.93 -7.34 2129.63 1783.37 19.42 Interest 28.15 33.30 -15.47 28.15 33.30 -15.47 137.23 99.77 37.55 PBDT 468.43 502.63 -6.80 468.43 502.63 -6.80 1992.40 1683.60 18.34 Depreciation 46.43 41.10 12.97 46.43 41.10 12.97 172.40 153.48 12.33 PBT 422.00 461.53 -8.56 422.00 461.53 -8.56 1820.00 1530.12 18.94 TAX 126.05 147.86 -14.75 126.05 147.86 -14.75 563.88 478.94 17.73 Deferred Tax 4.20 2.59 62.16 4.20 2.59 62.16 39.79 45.14 -11.85 PAT 295.95 313.67 -5.65 295.95 313.67 -5.65 1256.12 1051.18 19.50 Equity 218.82 218.82 0.00 218.82 218.82 0.00 218.82 218.82 0.00 PBIDTM(%) 21.37 21.94 -2.58 21.37 21.94 -2.59 20.92 20.14 3.89

Garware Technical Fibres is currently trading at Rs. 1002.00, up by 3.20 points or 0.32% from its previous closing of Rs. 998.80 on the BSE.The scrip opened at Rs. 995.00 and has touched a high and low of Rs. 1011.85 and Rs. 971.25 respectively. So far 195 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 1358.60 on 12-Jul-2018 and a 52 week low of Rs. 870.00 on 17-Oct-2017.Last one week high and low of the scrip stood at Rs. 1188.80 and Rs. 971.25 respectively. The current market cap of the company is Rs. 2171.25 crore.The promoters holding in the company stood at 50.69%, while Institutions and Non-Institutions held 8.13% and 41.18% respectively.Garware Technical Fibres has opened new outlet Vanita Fish Net at Veraval in the state of Gujarat. The company is at forefront for enhancing value to customers by providing application focused solutions. Garware Technical Fibres (Formerly Garware-Wall Ropes) is one of India’s leading players in the technical textiles sector and specializing in providing customized solutions to its customers worldwide. Globally, the company is known for its applied innovation in the field of fisheries, aquaculture, shipping, sports, agriculture, coated fabrics and geosynthetics.

With no major difference for the quarter endedJune 2018 , the total revenue stood at Rs. 2442.58  millions.The Company has registered profit of Rs. 313.67  millions for the quarter ended June 2018, a growth of 20.69%  over Rs. 259.89 millions millions achieved in the corresponding quarter of last year.Operating profit surged to 535.93 millions from the corresponding previous quarter of 445.34 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201806 201706 % Var 201806 201706 % Var 201803 201703 % Var Sales 2442.58 2432.42 0.42 2442.58 2432.42 0.42 8854.96 8493.07 4.26 Other Income 18.58 72.27 -74.29 18.58 72.27 -74.29 178.50 84.14 112.15 PBIDT 535.93 445.34 20.34 535.93 445.34 20.34 1783.37 1438.52 23.97 Interest 33.30 23.83 39.74 33.30 23.83 39.74 99.77 65.36 52.65 PBDT 502.63 421.51 19.25 502.63 421.51 19.25 1683.60 1373.16 22.61 Depreciation 41.10 37.12 10.72 41.10 37.12 10.72 153.48 141.64 8.36 PBT 461.53 384.39 20.07 461.53 384.39 20.07 1530.12 1231.52 24.25 TAX 147.86 124.50 18.76 147.86 124.50 18.76 478.94 388.54 23.27 Deferred Tax 2.59 1.89 37.04 2.59 1.89 37.04 45.14 28.17 60.24 PAT 313.67 259.89 20.69 313.67 259.89 20.69 1051.18 842.98 24.70 Equity 218.82 218.82 0.00 218.82 218.82 0.00 218.82 218.82 0.00 PBIDTM(%) 21.94 18.31 19.84 21.94 18.31 19.84 20.14 16.94 18.91

The company`s total revenue for the quarter ended December 2017 saw a slight change in the total revenue, having registered a total revenue of Rs. 2014.66 millions.A slim rise of 15.05% was recorded in the Net profit for the quarter ended December 2017 to Rs. 216.31  millions  From Rs. 188.02 millions.Operating Profit saw a handsome growth to 391.06 millions from 318.91 millions in the quarter ended December 2017. (Rs. in Million) Quarter ended Year to Date Year ended 201712 201612 % Var 201712 201612 % Var 201703 201603 % Var Sales 2014.66 1936.64 4.03 6506.99 6372.46 2.11 8677.42 8275.95 4.85 Other Income 45.21 26.98 67.57 161.36 95.09 69.69 77.40 34.58 123.83 PBIDT 391.06 318.91 22.62 1311.17 1090.28 20.26 1423.90 1088.74 30.78 Interest 30.61 14.89 105.57 77.17 46.45 66.14 64.23 87.27 -26.40 PBDT 360.45 304.02 18.56 1234.00 1043.83 18.22 1359.67 1001.47 35.77 Depreciation 38.88 35.60 9.21 113.42 105.65 7.35 141.32 131.05 7.84 PBT 321.57 268.42 19.80 1120.57 938.18 19.44 1218.35 870.42 39.97 TAX 105.26 80.40 30.92 362.84 288.64 25.71 385.63 251.66 53.23 Deferred Tax 3.72 -0.53 -801.89 12.90 6.21 107.73 0.00 0.00 0.00 PAT 216.31 188.02 15.05 757.72 649.54 16.65 832.72 618.76 34.58 Equity 218.82 218.82 0.00 218.82 218.82 0.00 218.82 218.82 0.00 PBIDTM(%) 19.41 16.47 17.87 20.15 17.11 17.77 16.41 13.16 24.73

Garware Wall Ropes has informed that a Meeting of the Board of Directors of the Company will be held on February 13, 2017, to consider, approve and take on record the Unaudited Financial Results for the quarter and nine months ended December 31, 2016. As such, Trading Window shall remain closed from February 02, 2017 to February 15, 2017.The above information is a part of company’s filings submitted to BSE.

Garware Wall Ropes has informed about details of allotments of shares/grant of benefit made during the quarter ended on December 31, 2016 pursuant to non-aligned schemes by the Company.The above information is a part of company’s filings submitted to BSE.

Garware Wall Ropes has informed about details of allotments of shares/grant of benefit made during the quarter ended on September 30, 2016 pursuant to non-aligned schemes by the Company.The above information is a part of company’s filings submitted to BSE.

Garware Wall Ropes has informed about the details of Voting results at the 39th Annual General Meeting (AGM) of the Company held on August 10, 2016, under Regulation 44(3) of SEBI (LODR) Regulations, 2015 along with Scrutinizer Report.The above information is a part of company’s filings submitted to BSE.

Garware Wall Ropes has submitted a copy of Declaration regarding Audit Report with unmodified opinion.The above information is a part of company’s filings submitted to BSE.

Garware Wall Ropes has informed about Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended June 30, 2016, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The above information is a part of company’s filings submitted to BSE.