ScoreWhy is Garware Synthetics Ltd ?
1
With a Negative Book Value, the company has a Weak Long Term Fundamental Strength
- Poor long term growth as Net Sales has grown by an annual rate of 4.59% and Operating profit at 0% over the last 5 years
- High Debt Company with a Debt to Equity ratio (avg) at 0 times
2
Flat results in Mar 26
- CASH AND CASH EQUIVALENTS(HY) Lowest at Rs 0.03 cr
- EPS(Q) Lowest at Rs -0.15
3
Stock is technically in a Bearish range
- The technical trend has deteriorated from Mildly Bearish on 01-Jun-26 and has generated -10.52% returns since then
- Multiple factors for the stock are Bearish like MACD, Bollinger Band and KST
4
Risky - Negative Book Value
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of -39.10%, its profits have risen by 62% ; the PEG ratio of the company is 0.1
5
Underperformed the market in the last 1 year
- Even though the market (BSE500) has generated returns of 0.66% in the last 1 year, the stock has hugely underperformed and has generate negative returns of -39.10% returns
Real-Time Research ReportHow much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Trading & Distributors)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Garware Synth for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Garware Synth
-39.1%
-0.41
95.27%
Sensex
-5.14%
-0.38
13.26%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
4.59%
EBIT Growth (5y)
-13.46%
EBIT to Interest (avg)
0
Debt to EBITDA (avg)
8.32
Net Debt to Equity (avg)
-3.52
Sales to Capital Employed (avg)
0
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.01%
ROCE (avg)
2.24%
ROE (avg)
0
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
26
Industry P/E
24
Price to Book Value
-6.30
EV to EBIT
15.03
EV to EBITDA
15.03
EV to Capital Employed
3.89
EV to Sales
1.45
PEG Ratio
0.11
Dividend Yield
NA
ROCE (Latest)
12.95%
ROE (Latest)
Negative BV
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bearish
Bearish
Dow Theory
Mildly Bearish
Mildly Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend3What is working for the Company
ROCE(HY)
Highest at 12.85%
PAT(9M)
Higher at Rs 0.25 Cr
-2What is not working for the Company
CASH AND CASH EQUIVALENTS(HY)
Lowest at Rs 0.03 cr
EPS(Q)
Lowest at Rs -0.15
Loading Valuation Snapshot...
Here's what is working for Garware Synth
Profit After Tax (PAT) - Nine Monthly
Higher at Rs 0.25 Cr
than preceding 12 month period ended Mar 2026 of Rs -0.01 crMOJO Watch
In the nine month period the company has already crossed sales of the previous twelve months
PAT (Rs Cr)
Here's what is not working for Garware Synth
Earnings per Share (EPS) - Quarterly
Lowest at Rs -0.15
in the last five quartersMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (Rs)
Cash and Cash Equivalents - Half Yearly
Lowest at Rs 0.03 cr
in the last six half yearly periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents
