Why 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 6.60% and Operating profit at 0% over the last 5 years
- High Debt Company with a Debt to Equity ratio (avg) at 0 times
2
Stock is technically in a Mildly Bearish range
- A key technical factor - Bollinger Band has been Bearish since 22 May 2026
3
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 -10.87%, its profits have risen by 87% ; the PEG ratio of the company is 0.1
How 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
No Data Found
Quality key factors
Factor
Value
Sales Growth (5y)
-0.93%
EBIT Growth (5y)
-20.61%
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
Valuation Key Factors 
Factor
Value
P/E Ratio
59
Industry P/E
25
Price to Book Value
-6.96
EV to EBIT
16.04
EV to EBITDA
16.04
EV to Capital Employed
4.15
EV to Sales
1.70
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
12.95%
ROE (Latest)
Negative BV
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Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bullish
No Trend
Technical Movement
2What is working for the Company
ROCE(HY)
Highest at 12.85%
-1What is not working for the Company
CASH AND CASH EQUIVALENTS(HY)
Lowest at Rs 0.03 cr
Loading Valuation Snapshot...
Here's what is not working for Garware Synth
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