Garware Technical Fibres (NSE:GARFIBRES) Net Margin %: 13.43% (As of Mar. 2026) — Near Median


NSE:GARFIBRES Garware Technical Fibres Ltd NSE:GARFIBRES
87 GF Score
Price ₹728.35
GF Value ₹819.53
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Garware Technical Fibres Net Margin %?

Garware Technical Fibres NSE:GARFIBRES -1.32% 87 Net Margin % is 13.43% as of Mar. 2026, which is 2% below its 10-year median of 13.66. GuruFocus rates NSE:GARFIBRES with a GF Score™ of 87/100 and a GF Value™ of ₹819.53 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,040 Manufacturing - Apparel & Accessories companies, Garware Technical Fibres ranks better than 89.81% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Garware Technical Fibres's Net Income for the three months ended in Mar. 2026 was ₹573 Mil. Garware Technical Fibres's Revenue for the three months ended in Mar. 2026 was ₹4,264 Mil. Therefore, Garware Technical Fibres's net margin for the quarter that ended in Mar. 2026 was 13.43%.

The historical rank and industry rank for Garware Technical Fibres's Net Margin % or its related term are showing as below:

NSE:GARFIBRES' s Net Margin % Range Over the Past 10 Years
Min: 10.01   Med: 13.66   Max: 15.95
Current: 12.99


NSE:GARFIBRES's Net Margin % is ranked better than
89.81% of 1040 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.58 vs NSE:GARFIBRES: 12.99

Garware Technical Fibres  (NSE:GARFIBRES) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Garware Technical Fibres Net Margin % Related Terms


Garware Technical Fibres Net Margin % Historical Data

* Premium members only.

The historical data trend for Garware Technical Fibres's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Garware Technical Fibres Net Margin % Chart

Garware Technical Fibres Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.00 13.31 15.95 15.03 13.00

Garware Technical Fibres Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.43 14.46 9.19 14.52 13.43

Garware Technical Fibres Net Margin % Competitor Comparison

For the Textile Manufacturing subindustry, Garware Technical Fibres's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Garware Technical Fibres Net Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Garware Technical Fibres's Net Margin % distribution charts can be found below:

* The bar in red indicates where Garware Technical Fibres's Net Margin % falls into.


NSE:GARFIBRES
87GF Score
Garware Technical Fibres Ltd NSE:GARFIBRES
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Garware Technical Fibres Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Garware Technical Fibres's Net Margin for the fiscal year that ended in Mar. 2026 is calculated as

Net Margin=Net Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=1986.739/15287.863
=13.00 %

Garware Technical Fibres's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=572.554/4264.147
=13.43 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 13.43% mean?
Garware Technical Fibres (NSE:GARFIBRES) has a Net Margin % of 13.43% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Garware Technical Fibres and its competitors. This is near median its historical median of 13.66. Over the past decade, Garware Technical Fibres' Net Margin % has ranged from 10.01 to 15.95. According to the industry distribution chart, Garware Technical Fibres ranks #106 out of 1040 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 10.2%.
Is Garware Technical Fibres' Net Margin % too high?
Garware Technical Fibres' current Net Margin % of 13.43% is near median its 10-year median of 13.66. Over the past 10 years, this metric has ranged from a low of 10.01 to a high of 15.95. The Manufacturing - Apparel & Accessories industry median Net Margin % is 2.58. Garware Technical Fibres' value of 13.43% is 420.5% above this industry median. Based on the distribution chart, Garware Technical Fibres ranks #106 out of 1040 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Garware Technical Fibres has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Garware Technical Fibres' Net Margin % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Garware Technical Fibres ranks #106 out of 1040 companies for Net Margin %. This places Garware Technical Fibres in the top 10% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.58. Garware Technical Fibres' value of 13.43% is 420.5% above this benchmark. Historically, Garware Technical Fibres' own Net Margin % has ranged from 10.01 to 15.95 over the past decade. While the company's 10-year median is 13.66 vs. the industry median of 2.58, Garware Technical Fibres has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Manufacturing - Apparel & Accessories company?
The median Net Margin % among Manufacturing - Apparel & Accessories companies is 2.58, based on 1,040 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Garware Technical Fibres's current Net Margin % of 13.43% is 420.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Garware Technical Fibres and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Net Margin % is 2.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Garware Technical Fibres's current Net Margin % is 13.43%, which is near median its own 10-year median of 13.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garware Technical Fibres stock overvalued right now?
Based on GuruFocus' analysis, Garware Technical Fibres (NSE:GARFIBRES) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹819.53, compared to a current price of ₹728.35 — trading 11.1% below its estimated fair value. The current Net Margin % is 13.43%, which is near median its 10-year median of 13.66 and 420.5% above the Manufacturing - Apparel & Accessories industry median of 2.58. Garware Technical Fibres' overall GF Score™ is 87/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Garware Technical Fibres (NSE:GARFIBRES), the current Net Margin % is 13.43% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Garware Technical Fibres (NSE:GARFIBRES) Overvalued in 2026?

Based on GuruFocus' analysis, Garware Technical Fibres stock appears to be undervalued. The current stock price of ₹728.35 is trading 11.1% below its estimated GF Value™ of ₹819.53. GuruFocus considers Garware Technical Fibres to be Modestly Undervalued.

Key valuation signals for NSE:GARFIBRES:

  • Net Margin %: 13.43% (near median its 10-year median of 13.66)
  • GF Value™: ₹819.53 vs. price of ₹728.35 (11.1% below fair value)
  • GF Score™: 87/100 with 3 warning signs
  • Industry Position: 420.5% above the Manufacturing - Apparel & Accessories median (#106 of 1040)

No single metric tells the full story. See the NSE:GARFIBRES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Garware Technical Fibres Business Description

Other Exchanges 509557:India
Address Plot No. 11, Block D - 1, MIDC, Chinchwad, Pune, MH, IND, 411019
Garware Technical Fibres Ltd is involved in the textile business. It provides application-focused solutions for various sectors including deep-sea fishing, aquaculture, shipping, agriculture, sports, infrastructure, and transportation. The company and its subsidiaries manufacture and sell various products such as ropes, twine, yarn, fishnet, other nets, and technical textiles. Its operating segments are; Synthetic Cordage, and Fibre and Industrial Products and Projects. The maximum revenue is derived from its Synthetic Cordage segment. Geographically, the company caters to both domestic and international markets of which, maximum revenue is generated from international markets through its customers located outside India.
87GF Score

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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹728.35
Price
₹819.53
GF Value