Garware Marine Industries (BOM:509563) Tax Rate %: 14.60% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:509563 Garware Marine Industries Ltd BOM:509563
67 GF Score
Price ₹18.50
GF Value ₹25.46
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Garware Marine Industries Tax Rate %?

Garware Marine Industries BOM:509563 +0.05% 67 Tax Rate % is 14.60% as of Jun. 2026. GuruFocus rates BOM:509563 with a GF Score™ of 67/100 and a GF Value™ of ₹25.46 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Garware Marine Industries's Tax Expense for the three months ended in Jun. 2026 was ₹ Mil. Garware Marine Industries's Pre-Tax Income for the three months ended in Jun. 2026 was ₹0.86 Mil. Therefore, Garware Marine Industries's Tax Rate % for the quarter that ended in Jun. 2026 was 14.60%.


Garware Marine Industries Tax Rate % Related Terms


Garware Marine Industries Tax Rate % Historical Data

* Premium members only.

The historical data trend for Garware Marine Industries's Tax Rate % 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 Marine Industries Tax Rate % Chart

Garware Marine Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.92 0.26 0.00 0.71 6.54

Garware Marine Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Tax Rate % 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 2.23 3.33 6.75 -5.68 14.60
BOM:509563
67GF Score
Garware Marine Industries Ltd BOM:509563
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Garware Marine Industries Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Garware Marine Industries's Tax Rate % for the fiscal year that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2026 )/Pre-Tax Income (A: Mar. 2026 )
=/1.575
=0.00 %

Garware Marine Industries's Tax Rate % for the quarter that ended in Jun. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2026 )/Pre-Tax Income (Q: Jun. 2026 )
=/0.863
=0.00 %

* 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 Tax Rate % →
What does a Tax Rate % of 14.60% mean?
Garware Marine Industries (BOM:509563) has a Tax Rate % of 14.60% as of Jun. 2026.
Is Garware Marine Industries' Tax Rate % too high?
Garware Marine Industries' current Tax Rate % is 14.60%. Overall, Garware Marine Industries has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Garware Marine Industries' Tax Rate % compare to SPCX and GE?
Garware Marine Industries' Tax Rate % of 14.60% can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for an Aerospace & Defense company?
A good Tax Rate % depends on the Aerospace & Defense industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Garware Marine Industries's current Tax Rate % is 14.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garware Marine Industries stock overvalued right now?
Based on GuruFocus' analysis, Garware Marine Industries (BOM:509563) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹25.46, compared to a current price of ₹18.50 — trading 27.3% below its estimated fair value. The current Tax Rate % is 14.60%. Garware Marine Industries' overall GF Score™ is 67/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Garware Marine Industries (BOM:509563), the current Tax Rate % is 14.60% as of Jun. 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 Marine Industries (BOM:509563) Overvalued in 2026?

Based on GuruFocus' analysis, Garware Marine Industries stock appears to be undervalued. The current stock price of ₹18.50 is trading 27.3% below its estimated GF Value™ of ₹25.46. GuruFocus considers Garware Marine Industries to be Modestly Undervalued.

Key valuation signals for BOM:509563:

  • Tax Rate %: 14.60%
  • GF Value™: ₹25.46 vs. price of ₹18.50 (27.3% below fair value)
  • GF Score™: 67/100 with 2 warning signs

No single metric tells the full story. See the BOM:509563 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Garware Marine Industries Business Description

Address D.N. Road, 03rd Floor, Prospect Chambers, Fort, Mumbai, MH, IND, 400 001
Garware Marine Industries Ltd is an India-based company engaged in the repair of vessels. The principal product/service includes ship repair services. The ship repair services provided by the company include Pump overhauls, Engine overhauls, Hydraulic repairs, gearbox repair, and Pipeline and other marine fabrication jobs.
67GF Score

Get the complete analysis for BOM:509563

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

₹18.50
Price
₹25.46
GF Value