BSEOthers3d ago · 17 Aug 2026, 12:36 pm
Please find enclosed the Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 which forms an integral part of the Annual Report of the Company for the ....
Garware Technical Fibres Ltd · 509557
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Garware Technical Fibres Ltd has released its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, which is part of its Annual Report. The report highlights the company's commitment to responsible business conduct, innovation, and stakeholder value creation.
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Garware Technical Fibres Ltd - 509557 - Business Responsibility and Sustainability Reporting (BRSR)
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GARWARE
TECHNICAL FIBRES
GTFL:SEC:2026 August 17, 2026
BSE Limited
Corporate Relationship Department,
New Trading Ring,
Rotunda Building, P. J. Towers,
Dalai 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)
Sub: Business Responsibility and Sustainability Report for the financial year
2025-26.
Dear Sirs,
Pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, please find enclosed the Business Responsibility
and Sustainability Report ("BRSR") for the financial year 2025-26 which forms an
integral part of the Annual Report of the Company for the financial year 2025-26.
The Business Responsibility and Sustainability Report for the financial year 2025-26
is also available on website of the Company: www.qarwarefibres.com.
Please acknowledge the communication.
Thanking you.
Yours faithfully,
For GARWARE TECHNICAL FIBRES LIMITED
Sunil Agarwal
Company Secretary
M. No. - FCS 6407
End: 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: L25209M1-{1976PLC018939
Garware Technical Fibres Limited
ANNEXURE TO DIRECTORS' REPORT 2025-26: BUSINESS RESPONSIBILITY AND SUSTAINABILITY REPORT
Garware Technical Fibres Ltd. (GTFL) is a leading force in India's technical textiles sector, established in 1976. GTFL
has evolved into a globally recognized company, offering innovative solutions across various industries, including
high-performance aquaculture cage nets, fishing nets, sports nets, safety nets, agricultural nets, coated fabrics, polymer
ropes, and geosynthetics. With a presence in over 75 countries, GTFL has made significant strides in international
markets, driven by a mission that prioritizes innovation in research and development, processes, and market strategies.
As a pioneer in technical textiles, the Company boasts 29 patents, a highly skilled R&D team of 22 scientists, and a
product portfolio of over 20,100 SKUs. GTFL's commitment to combining brilliant ideas with decisive action fosters
a proactive culture, ensuring the transformation of innovation into tangible results and sustainable growth.
GTFL's operations are designed to deliver value to all stakeholders - customers, employees, investors, business partners,
and communities. The Company continuously engages with these stakeholder groups to ensure transparent
communication, inclusive decision-making, and mutual growth. Its policies, governance mechanisms, and value-driven
culture reflect a strong commitment to responsible business conduct.
Mission Statement
(cid:108)Provide innovative, application-focused solutions to enhance value of our customers globally.
Core Values
(cid:108)Continuously improve our products and services to become preferred partner of our customers.
(cid:108)Own the process of delivering results with enterprising spirit and joy of working in an empowering environment.
(cid:108)Enhance stakeholder value through profitable growth in sales and earnings.
(cid:108)Enhance our family bond with the employees & business partners through fair & equitable dealings as well as constant
communication.
Section A: General Disclosures:
Details of the Listed Entity:
1. Corporate Identity Number (CIN) of the Entity L25209MH1976PLC018939
2. Name of the Listed Entity Garware Technical Fibres Limited
3. Year of Incorporation 01-04-1976
4. Registered Office Address Plot No. 11, Block D-1, M.I.D.C., Chinchwad,
Pune - 411 019, Maharashtra, India
5. Corporate Address Plot No. 11, Block D-1, M.I.D.C., Chinchwad,
Pune - 411 019, Maharashtra, India
6. E-mail secretarial@garwarefibres.com
7. Telephone 020-2799 0000/0306
8. Website https://www.garwarefibres.com
9. Financial Year for which report is being done 1st April, 2025 – 31st March, 2026
10. Name of the Stock Exchange(s) where shares are listed 1. BSE Limited (BSE)
2. National Stock Exchange of India Limited (NSE)
11. Paid-up Capital (INR.) 99,26,58,450
12. Name and contact details (telephone & email) of the person who Mr. Vivek Kulkarni
may be contacted in case of queries on the BRSR report President- Operations
020 - 2799 0000
vkulkarni@garwarefibres.com
13. Reporting Boundary (Standalone or Consolidated basis) The disclosures under this report are made on
Standalone basis.
14. Name of assurance provider Not applicable
15. Type of assurance obtained Not applicable
Annual Report 2025-2026 43
RESILIENCE
IN A CHALLENGING ENVIRONMENT
Products and Services:
16. Details of business activities (accounting for 90% of the turnover):
S. No. Description of Main Activity Description of Business Activity % Turnover of the Entity
1. Manufacturing Manufacture of Cordage, Ropes, Twines, 97.19%
Netting, Man made fibres and Others n.e.c.
17.Product / Services sold by the entity (accounting for 90% of the entity's turnover):
S. No. Product / Service NIC Code % Of Total Turnover Contributed
1. Netting 1394 57.56%
2. Twine, Ropes and Yarn 1394/2030 21.66%
3. Other Products 1313 17.97%
Operations:
18 Number of locations where plants and / or operations / offices of the entity are situated:
Location Number of Plants Number of Offices Total
National 2 (Pune and Wai, Maharashtra) 13 (4 Branch Offices and 9 Depots) 15
International 0 9 (3 Branch / Representative offices and 9
6* Overseas Subsidiaries
*Out of 6, 2 are step-down wholly owned subsidiaries.
19.Markets Served by the Entity:
a. Number of Locations:
Location Number
National (No. of States) Pan India
International (No. of Countries) Around 75 countries mainly in Europe and Americas
b. What is the contribution of exports as a percentage of the total turnover of the entity?
The exports contribute 55.76 % of the total turnover of the Company during the reporting period FY 2025-26.
c. A Brief on types of customers?
The Company operates on both a B2B and B2C business models. Our customer base includes end users and channel
partners who then sell the products to end users ranging from aquaculture farms, commercial fisheries, protected
cultivation farms, shipping and construction companies, civil engineering, sports facilities / infrastructure companies,
and many more.
Employees:
20. Details as at the end of Financial Year 2025-26:
a. Employees and Workers (including differently abled):
S. No. Particulars Total (A) Male Female
Number (B) Percentage (B/A) Number (C) Percentage (C/A)
Employees (including differently abled)
1. Permanent Employees 592 572 96.63% 20 3.38%
2. Other than Permanent 91 83 91.21% 8 8.80%
Employees
3. Total Employees (1+2) 683 655 95.91% 28 4.10%
Workers (including differently abled)
4. Permanent Workers 505 505 100% 0 0%
5. Other than Permanent 0 0 0% 0 0%
Workers
6. Total Workers (4+5) 505 505 100% 0 0%
44 Annual Report 2025-2026
Garware Technical Fibres Limited
b. Differently abled Employees and Workers:
S. No. Particulars Total (A) Male Female
Number (B) Percentage (B/A) Number (C) Percentage (C/A)
Differently Abled Employees
1. Permanent Employees 0 0 0% 0 0%
2. Other than Permanent 0 0 0% 0 0%
Employees
3. Total Employees (1+2) 0 0 0% 0 0%
Differently Abled Workers
4. Permanent Workers 0 0 0% 0 0%
5. Other than Permanent 0 0 0% 0 0%
Workers
6. Total Workers (4+5) 0 0 0% 0 0%
21. Participation / Inclusion / Representation of Women:
Total (A) Number of Female (B) Percentage (B/A)
Board of Directors 6 2 33%
Key Management Personnel 3 0 0%
Employees (Other than BoD and KMP) 680 28 4.12%
Workers 505 0 0%
Note: In terms of Section 203 of the Companies Act, 2013. Percentage of female representation on Board of Directors is 33.34%.
22. Turnover rate for permanent employees and workers:
FY 2025-26 FY 2024-25 FY 2023-24
Male Female Total Male Female Total Male Female Total
Permanent Employees 22.76% 27.0
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