BSECompany Update5 Aug 2026 · 5 Aug 2026, 04:16 pm
We enclose herewith the Press Release being issued today by the Company, for your records and display on your Notice Board.
Garware Technical Fibres Ltd · 509557
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Garware Technical Fibres Ltd. has announced its unaudited financial results for Q1FY27, with a 31.4% increase in net sales to Rs. 482.4 Cr and a 22.7% increase in profit before tax to Rs. 86.4 Cr.
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Garware Technical Fibres Ltd - 509557 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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GARWARE
TECHNICAL FIBRES
GTFL:SEC:2026 August 05, 2026
BSE Limited
Corporate Relationship Department,
New Trading Ring,
Rotunda Building, P. J. Towers,
Dalal Street, Fort,
Mumbai 400001. (Company code: 509557)
National Stock Exchange of India Ltd.
Exchange Plaza, Plot No. C/1, G' Block,
Bandra-Kurla Complex,
Bandra East,
Mumbai 400051. (Symbol: GARFIBRES, Series: EQ)
Dear Sirs,
We enclose herewith the Press Release being issued today by the Company, for your records and
display on your Notice Board.
Please acknowledge this communication.
Thanking you,
Yours faithfully,
For GARWARE TECHNICAL FIBRES LIMITED
Suni Agarwal
Company Secretary
M. No. FC56407
Encl.: as above
Registered Office
Garware Technical Fibres Ltd. (Formerly Garware-Wall Ropes Ltd.): Plot No. 11, Block D-1, M.I.D.C., Chinchwad, Pune 411 019, India.
T +91 20 2799 0000/0306 E pune_admin@garwarefibres.com www.garwarefibres.com CIN: L25209MH1976PLC018939
GARWARE
TECHNICAL FIBRES
Media Release
Garware Technical Fibres declares consolidated net profit before tax to Rs.
86.4 Cr in Q1FY27
Pune, August 05, 2026: Garware Technical Fibres Ltd., a leading manufacturer of technical textiles for the
Indian and global markets, today announced its unaudited financial results for the quarter ended June 30, 2026.
Consolidated: Qi FY27 Highlights:
Net Sales increased by 31.4% to Rs. 482.4 Cr in Q1FY27 as compared to Rs. 367.2 Cr in Q1FY26.
rofit before tax increased by 22.7% to Rs.86.4 Cr in Q1FY27 as compared to Rs. 70.4 Cr in Q1FY26.
PAT increased by 21.5% to Rs. 64.5 Cr in (21FY27 as against Rs. 53.1 Cr in Q1FY26.
EPS increased by 22.6% to Rs. 6.56/- in Qi FY27 vs Rs 5.35 in Q1FY26.
Management Comments:
In a statement, Mr. Vayu Garware, CMD, Garware Technical Fibres Ltd. said,
The Company delivered a strong performance in the first quarter of FY27, achieving —31% growth in revenue
compared to the corresponding quarter of the previous year. This growth was primarily driven by the robust
performance of the Synthetic Cordage segment, supported by healthy demand across the domestic market,
Salmon Aquaculture business, and a return to normal in the USA post tariff disruptions. The
Geosynthetics business sustained its strong growth momentum during the quarter and continued to deliver
excellent profitability.
During the quarter, revenue was impacted by inflationary pressures arising from higher raw material costs and
elevated freight rates linked to the continuing Middle East conflict. The Company effectively managed these
challenges by passing on the increased costs to customers, though with some time lag.
Reflecting the strength of the operating performance, Profit Before Tax (PBT) increased by —23% in Qi
FY27 compared to Qi FY26.
The Company continues to closely monitor the impact of the ongoing Middle East conflict and volatility in raw
material prices. Through proactive supply chain management and strategic procurement initiatives, the
Company has ensured uninterrupted customer service while maintaining operational resilience.
The Company remains committed to its innovation agenda, with new product development and rollout. The
Company remains confident of sustaining its growth trajectory and delivering profitable growth in the coming
periods.
About Garware Technical Fibres Limited.: (BSE: 509557 / NSE: GARFIBRES)
Garware Technical Fibres Ltd., an ISO 14001:2015 and ISO 9001:2015 certified company is a leading player in
Technical Textiles specializing in providing customized solutions to its customers worldwide. Globally, the
Company is known for its applied innovation in the field of sports, fisheries, aquaculture, shipping, agriculture,
coated fabrics and geo-synthetics. The Company' s products are manufactured in state-of-the-art facilities at
Wai and Pune and are marketed in more than 75 countries.
For more information, please visit http://www.garwarefibres.com
For further details on this release, please contact:
Mr. Sayeel Talaulikar
+917391061090
Registered Office
Garware Technical Fibres Ltd. (Formerly Garware-Wall Ropes Ltd.): Plot No.11, Block D-1, M.I.D.C, Chinchwad, Pune 411 019, India
T +91 20 2799 0000/0306 E pune_admin@garwarefibres.com www.garwarefibres.comCIN: L25209MH1976PLC018939