Market Data
Market Cap₹10.28 Cr.
52W High₹36.5
Current Price₹17.83
52W Low₹16.52
Down from 52W High51.2 %
Face Value₹10
Performance
ROCE1.83 %
ROE1.54 %
EPS (TTM)₹0.13
EPS Prev Qtr₹-0.08
EPS Last Year₹0.16
EBITDA Qtr₹0.07 Cr.
Book Value₹18
Financial Health
Debt/Equity0
Debt/Profit0
Total Assets₹10.62 Cr.
Promoter Holding37.55 %
Earning Power1.22 %
Valuation
Stock P/E61.48
Industry P/E32.965
Price to Book0.99
Price to Sales9.1
Graham Number₹10.84
Key Metrics
__derived
1
Face Value
₹10
About Garware Marine Industries Ltd
Services · Ship Building
Garware Marine Industries Ltd is listed on NSE in the Services / Ship Building sector. Face value ₹10. Market cap ₹10.28 Cr.
Price Chart
Strengths & Weaknesses
Strengths
- The company has zero debt, indicating a strong balance sheet with no financial leverage risks.
- The promoter holding stands at 37.55%, suggesting significant management control and alignment of interests.
Weaknesses
- The company has a very high P/E ratio of 66.03, indicating that the stock may be overvalued relative to its earnings.
- The P/B ratio is low at 0.61, suggesting that the market values the company below its book value.
- The ROCE is extremely low at 1.06%, indicating inefficient use of capital.
- The ROE is very low at 0.89%, reflecting poor return generation for shareholders.
- The company has a very small market cap of ₹11.04 Cr and revenue of ₹1.13 Cr, indicating limited scale and potential market risks.
- The net profit is only ₹0.16 Cr, showing thin profitability relative to the company's size.
Peer Comparison
| Name | CMP | P/E | Market Cap | Div Yield | NP Qtr | Qtr Profit Var% | Sales Qtr | Qtr Sales Var% | ROCE% | Debt/Eq |
|---|---|---|---|---|---|---|---|---|---|---|
| Swan Defence and Heavy Industries Ltd | - | - | ₹14,321.91 Cr | - | ₹-236.81 Cr | - | ₹312.33 Cr | - | -7.53% | 39.13 |
| Knowledge Marine & Engineering Works Ltd | - | 51.58 | ₹7,440.79 Cr | - | ₹131.07 Cr | - | ₹323.21 Cr | - | 18.68% | 0.39 |
| Laxmipati Engineering Works Ltd | - | - | ₹259.42 Cr | - | - | - | - | - | - | 0.47 |
| Hariyana Ship Breakers Ltd | - | 14.35 | ₹59.2 Cr | - | ₹-3.34 Cr | - | ₹3.5 Cr | - | 0.77% | 0.11 |
| VMS Industries Ltd | - | 12.27 | ₹42.95 Cr | - | ₹2.37 Cr | - | ₹263.14 Cr | - | 7.1% | 0.48 |
| Datiware Maritime Infra Ltd | - | - | ₹28.1 Cr | - | ₹-0.32 Cr | - | ₹0.47 Cr | - | 0.94% | -3.7 |
| Garware Marine Industries Ltd | - | 61.48 | ₹10.28 Cr | - | ₹0.16 Cr | - | ₹1.13 Cr | - | 1.06% | 0 |
| Bharati Defence & Infrastructure Ltd | - | - | - | - | ₹-311.9 Cr | - | ₹35.87 Cr | - | 11.26% | -0.18 |
Quarterly Results
📊 Jun 2026: Revenue grew 19.2% YoY, Profit grew 16.7% YoY
| Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|
| Sales | 0.26 | 0.26 | 0.3 | 0.26 | 0.31 |
| ↳ QoQ Growth | - | 0.0% | +15.4% | -13.3% | +19.2% |
| Expenses | 0.2 | 0.18 | 0.27 | 0.32 | 0.24 |
| Operating Profit | 0.06 | 0.08 | 0.04 | -0.06 | 0.07 |
| OPM % | 23.08% | 30.77% | 13.33% | -23.08% | 22.58% |
| Other Income | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Interest | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| EBITDA | 0.06 | 0.08 | 0.04 | -0.06 | 0.07 |
| EBITDA Margin % | 23.08% | 30.77% | 13.33% | -23.08% | 22.58% |
| Profit Before Tax | 0.05 | 0.1 | 0.05 | -0.05 | 0.09 |
| Tax % | 0% | 0% | 0% | 0% | 11.11% |
| Net Profit | 0.06 | 0.09 | 0.05 | -0.05 | 0.07 |
| ↳ QoQ Growth | - | +50.0% | -44.4% | -200.0% | +240.0% |
| EPS | 0.1 | 0.16 | 0.08 | -0.08 | 0.13 |
Profit & Loss
| Mar 2026 | TTM | |
|---|---|---|
| Sales | 1.08 | 1.13 |
| Expenses | 0.97 | 1.01 |
| Operating Profit | 0.12 | 0.13 |
| OPM % | 11.11% | 11.5% |
| Other Income | 0.04 | 0.04 |
| Interest | 0 | 0 |
| Depreciation | 0 | 0 |
| Profit Before Tax | 0.15 | 0.19 |
| Tax % | 0% | 5.26% |
| Net Profit | 0.15 | 0.16 |
| EPS | 0.26 | 0.29 |
Compounded Sales Growth
10Y
-
5Y
-
3Y
-
TTM
-
Compounded Profit Growth
10Y
-
5Y
-
3Y
-
TTM
-
Stock Price CAGR
10Y
-
5Y
-
3Y
-
1Y
-36.41%
Return on Equity
10Y
-
5Y
-
3Y
-
Last Year
0.89%
Balance Sheet
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Equity Capital | 5.7662 | 5.77 |
| Reserves | 12.1886 | 4.59 |
| Borrowings | 0 | 0 |
| Other Liabilities | 1.22 | 0.26 |
| Total Liabilities | 19.1722 | 10.62 |
| Fixed Assets | 0.0204 | 0.02 |
| CWIP | 0 | 0 |
| Investments | 13.68 | 4.89 |
| Other Assets | 5.47 | 5.71 |
| Total Assets | 19.1722 | 10.62 |
Cash Flows
| Mar 2025 | |
|---|---|
| Cash from Operating Activity | 0.0009 |
| Cash from Investing Activity | -0.0075 |
| Cash from Financing Activity | -0.0003 |
| Net Cash Flow | -0.0069 |
Ratios
| Mar 2026 | |
|---|---|
| Debtor Days | - |
| Inventory Days | - |
| Days Payable | - |
| Cash Conversion Cycle | - |
| Working Capital Days | 3589.17 |
| ROCE % | 1.13% |
Shareholding Pattern
| Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|
| Promoters % | 37.55% | 37.55% | 37.55% | 37.55% |
| FIIs % | 0% | 0% | 0% | 0% |
| DIIs % | 0% | 0% | 0% | 0% |
| Public % | 46.78% | 47.04% | 47.42% | 47.44% |
| No. of Shareholders | 11,456 | 12,338 | 13,206 | 12,801 |