1 year ago

Garware Technical Fibres Aims for 15% Annual Profit Growth

Garware Technical Fibres Aims for 15% Annual Profit Growth
Garware Technical Fibres targets 15% annual profit growth, eyes margin expansion · CNBC TV 18

Garware Technical Fibres, a company that makes various products, wants to make 15% more profit each year for the next five years.

They also plan to increase their profit margins a little bit.

In the last year, they grew their sales by 16% and profits by 15%.

The company expects good results in the coming year, especially from their work in salmon farming, infrastructure in India, and sports.

They're also focusing on selling more high-value products, which already make up a large part of their sales.

They also plan to innovate in the rope segment to boost future growth.

Key facts

Targeted Profit Growth
15% annually
EBITDA Margin (Q4FY25)
22.73%
FY25 Revenue Growth
16%
FY25 Profit Growth
15%
Value-Added Product Revenue
80%

Sources

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