Garware Synthetics Limited engages in the manufacture and sale of nylon monofilaments, bristles, and fishing line and PP bristles in India. The company provides nylon bristles for use in tooth, shaving, and industrial and household brushes; polypropylene bristles; and nylon fishing line products. It also offers nylon rods, bushes, and machinery parts for use in engineering, textile, metal, material handling equipment, automobile, marine, paper/sugar mill, bottling and food processing, railway, and chemical industries. In addition, the company provides nylon tubing products for use in automotive gasoline, high pressure lubricant, refrigeration line, air lines on pneumatic control system, gasoline, fuel line for petrol engine, and beverage line applications. Further, it develops nylon sutures for medical applications. The company offers its products under the Garflon brand name. Garware Synthetics Limited was founded in 1958 and is based in Thane, India.
Metrics to compare | GARS | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipGARSPeersSector | |
|---|---|---|---|---|
P/E Ratio | 242.9x | 18.7x | 11.2x | |
PEG Ratio | 29.47 | 0.00 | 0.02 | |
Price/Book | −7.7x | 0.9x | 1.4x | |
Price / LTM Sales | 1.4x | 0.7x | 1.0x | |
Upside (Analyst Target) | - | 25.5% | 20.0% | |
Fair Value Upside | Unlock | −25.5% | 7.4% | Unlock |