Garware Marine Industries Ltd

Garware Marine Industries Ltd (509563)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return42.25 %
3 Month Return27.08 %
1 Year Return86.33 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 266
Rank 266
Rank 302
Dividend Yield
Rank 134
Rank 360
Price To Book Ratio
Rank 238
Debt To Asset
Rank 297

Company Information

Garware Marine Industries Ltd is one of the few Net Makers in the organized sector. The company caters to Fishing Industry situated along the coastline of India. They manufacture Nylon Fishing Nets in various sizes. Their products are sold under the Garware brand. The company is headquartered in Mumbai and their factory is located at Ahmednagar in Maharashtra.Garware Marine Industries Ltd is a public limited company incorporated on August 8 1975 with the name Modern Nets Ltd. The company was promoted by the Late B D Garware founder of the Garware Group of Companies. In March 29 1976 the company commenced their operations. In December 17 1981 the name of the company was changed from Modern Nets Ltd to Garware Marine Industries Ltd. During the year 200506 the company increased the production capacity of Fish Knitted Fabrics from 256 MT to 384 MT. During the year 200708 the company installed three new net making machines at the Ahmednagar plant. In July 2008 they commissioned all the machines and started commercial production.The company has decided to new more machines in the factory. They have ordered new machines from Japan. These machines are expected to commence their operations during the financial year 200910.
OrganisationGarware Marine Industries Ltd
IndustryShip Building