Garware Technical Fibres Ltd: Q4FY26 results
Garware Technical Fibres Ltd reported revenue of Rs 426 cr and net profit of Rs 57 cr for Q4FY26.
Filed 21 Sep 2026, 16:49 IST · after market close · Garware Technical Fibres Ltd (GARFIBRES)
Price around the results
What was reported
Garware Technical Fibres Ltd reported revenue of Rs 426 cr and net profit of Rs 57 cr for Q4FY26. Figures are consolidated.
Q4FY26 at a glance
Consolidated figures as filed with NSE — cross-checked against an independent source.
| Line item | Q4FY26 |
|---|---|
| Revenue | ₹426 cr |
| Other income | ₹-6 cr |
| Expenses | ₹330 cr |
| Operating profit | ₹96 cr |
| Operating margin (%) | 22.57% |
| Interest | ₹3 cr |
| Depreciation | ₹9 cr |
| Profit before tax | ₹78 cr |
| Tax | ₹21 cr |
| Net profit | ₹57 cr |
| EPS (₹) | ₹5.77 |
Operating margin of 22.57% compares with a Consumer Discretionary sector median of 14.81% across 101 peers that have reported Q4FY26.
What management said
From the company’s own investor presentation. Each point is checked against the source document before it appears here.
This quarter
- Sports Nets successfully maintained market share with all customers.
- Sports Nets margins have normalized.
Guidance & outlook
- The industry expects low global salmon supply growth in 2026, highlighting strong underlying demand.
- Sports Nets is expected to return to normalization in F27.
- Geosynthetics’ strong order book provides strengthened visibility for next year.
- Indian Railways’ FY27 capex is expected to create opportunities for GTFL geosynthetics.
- Stricter landfill compliance norms are expected to expand demand for geosynthetic liners and containment solutions.
Expansion
- The OTS acquisition strengthens GTFL’s brand and industry presence.
New orders
- Orders have started flowing in at higher rates from all major Sports Nets customers.
- The geosynthetics business has a strong order book providing visibility for next year.
New initiatives
- GTFL has developed an innovative net solution intended to reduce divers’ time.
- The NPD drive is helping GTFL secure new customers.
- GTFL is focusing on a new product drive in geosynthetics.
- GTFL installed 17,000 square metres of its high-strength boulder net system for rockfall protection.
- The Garware Youth Development Centre was started in October 2023 with Seva Sahayog Foundation as implementation partner.
Problems & risks
- Fish escapes associated with new regulation are identified as a key challenge for HDPE netting solutions.
- Bio-fouling management is identified as a key challenge for HDPE netting solutions.
- Recurring rockfall and environmental hazards are identified as risks to industrial infrastructure and operational continuity.