How much did Garware Synthetics' profit improve for the full year?

Net profit rose to ₹36.22 lakhs in FY26 from just ₹1.30 lakhs in FY25, a nearly 28-fold increase.

Why did the company post a loss in Q4 after a strong year?

The fourth quarter reported a net loss of ₹9.41 lakhs on revenue of ₹240.87 lakhs, showing the year's profit was not evenly earned across all quarters.

Is the auditor's report clean?

Yes, the auditor issued an unmodified opinion, which is the standard clean report with no qualifications or concerns.

How does the annual profit compare to the company's market value?

The ₹36.22 lakh profit is a small fraction of the company's ₹12 crore market capitalization, making the earnings improvement modest in absolute terms.

Earnings · Textile - Spinning · Micro cap

Garware Synthetics' full-year profit hit ₹36 lakhs. Q4 lost money.

The nano-cap's annual earnings jumped 28x, but a ₹9.41 lakh loss in the final quarter suggests the recovery was uneven.

— 1 earlier story on Garware Synthetics Ltd. →

GARWSYN By Tipsheet Editorial 30 May 2026 · 3:21 PM IST Verify on BSE · NSE

Mkt cap₹11.91 cr

P/E25.55×

ROE0.00%

₹36.22 lakhs FY26 net profit, up from ₹1.30 lakhs in FY25.

What's new

Full-year net profit surged to ₹36.22 lakhs from ₹1.30 lakhs the prior year.
Q4 reported a net loss of ₹9.41 lakhs on revenue of ₹240.87 lakhs.
The auditor issued an unmodified opinion on the financial statements.

Why this matters

The annual earnings swing is dramatic on a percentage basis. For a company with a ₹12 crore market cap, though, ₹36 lakhs in annual profit is marginal. The Q4 loss raises the question of whether the profit was front-loaded or the business turned late in the year.

What we're watching

Whether Q4's loss was a one-off or the start of a trend.
The revenue run-rate after ₹240.87 lakhs in the final quarter.
Next quarter's margin to see if the annual profit holds.

The full read

Garware Synthetics' full-year profit jumped to ₹36.22 lakhs from ₹1.30 lakhs. That's a 28x gain. But Q4 alone lost ₹9.41 lakhs. The annual number looks strong. The final quarter tells a different story. For a ₹12 crore company, the absolute profit is thin. The Q4 reversal suggests the year's gains came earlier and faded. What changes from here is whether that loss was an anomaly. The auditor's clean opinion is routine. The stock has already priced in very little.

Questions answered

How much did Garware Synthetics' profit improve for the full year?: Net profit rose to ₹36.22 lakhs in FY26 from just ₹1.30 lakhs in FY25, a nearly 28-fold increase.
Why did the company post a loss in Q4 after a strong year?: The fourth quarter reported a net loss of ₹9.41 lakhs on revenue of ₹240.87 lakhs, showing the year's profit was not evenly earned across all quarters.
Is the auditor's report clean?: Yes, the auditor issued an unmodified opinion, which is the standard clean report with no qualifications or concerns.
How does the annual profit compare to the company's market value?: The ₹36.22 lakh profit is a small fraction of the company's ₹12 crore market capitalization, making the earnings improvement modest in absolute terms.

Mentioned: Garware Synthetics · ₹36.22 lakhs FY26 profit · ₹9.41 lakh Q4 loss

Primary source BSE · NSE

An independent reading of the company's own disclosure — the primary filing above is the final word.

Story so far

All notes on GARWSYN →

30 May 2026 · 3:21 PM IST Garware Synthetics' full-year profit hit ₹36 lakhs. Q4 lost money.
today Garware Synthetics posts ₹36.22 lakh profit after a near-flat prior year