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Garware Bestretch Limited
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Registered Details

GARWARE BESTRETCH LIMITED

All Companies ›

Maharashtra ›

Manufacturing of Chemical Products ›

Amalgamated

Updated: 27 Jun 2025

The company manufactures and exports latex and latex-free elastic rubber products.

Garware Bestretch Limited, was an unlisted public company incorporated on 12 October, 1994. It is classified as a public limited company and is located in , . It's authorized share capital was INR 17.00 cr and the total paid-up capital was INR 5.61 cr.

Subscription Plans

Industry and products

Manufacturing (Chemicals and chemical products)

swimwear & sportswear, intimate apparel / lingerie, Exercise / Resistance Bands., Tourniquets & Esmarch Bandages, Elastic Rubber Tapes for underwear

Company size

Auth Capital

₹ 17.0 Cr

Paidup Capital

₹ 5.6 Cr

Revenue

Not Available

Key Metrics

** All rupee values in INR crores. Based on March 2019 numbers.

Total Revenue

9.22%

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EBITDA

27.33%

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Net Profit

32.14%

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Networth

22.48%

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Borrowings

-59.89%

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Assets

18.0%

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Gross Margin

4.06

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Operating Margin

4.34

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Net Profit Margin

3.94

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Return on Equity

1.42

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ROCE

1.14

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Debt to Equity

-0.04

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Sales

Mar 2019

Net worth

Mar 2019

Locations

India (5)

State	Type	Address

Locations on Map

People

Designation	Name	DIN/PAN	Tenure
Director	Shreechandra Pandurang Raykar	00062299	7 years
Director	Chhaya Manoj Palrecha	06914875	10 years
Managing Director	Diya Garware Ibanez Shareholder	00415841	21 years
Director	Praveen Purushottam Kadle	00016814	6 years
Whole-time Director	Sudhir Rajaram Pitre Shareholder	00015560	12 years

Financial Highlights

** All numbers in INR crores

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019
Sales	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
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Networth
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Margins

Gross margin

Operating margin

Net margin

Balance Sheet

Standalone

Consolidated

₹

** All numbers in INR crores

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019
Equity Capital	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
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Fixed Assets +	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
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CWIP	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Intangible assets	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
LT loans and advances	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
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Percentage of assets	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019
Equity Capital	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
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Other liabilities +	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
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CWIP	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Intangible assets	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
LT loans and advances	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Other non-current assets	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Current assets +	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
Inventories	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO
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Total assets	GET PRO	GET PRO	GET PRO	GET PRO	GET PRO

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019
Equity Capital	5.1	6.6	6.6	6.6	6.6
Reserves	142.8	187.8	242.2	291.7	360.6
Borrowings +	3.7	16.6	20.9	22.5	11.0
Long term borrowings	0.3	4.2	0.5	3.4	3.3
Short term borrowings	3.4	12.4	20.5	19.1	7.7
Trade payables +	8.8	9.4	5.5	20.3	28.2
Days payable	33.0	42.0	23.0	60.0	90.0
Other liabilities +	82.8	95.3	94.0	35.5	45.5
Other non-current liabilities	2.9	6.0	7.4	5.6	5.6
Other current liabilities	71.1	79.9	81.0	9.6	11.7
Total liabilities	234.4	306.3	363.7	356.4	423.7
Fixed Assets +	67.8	84.0	84.6	88.0	102.0
Tangible assets	63.3	79.9	82.5	84.4	95.5
CWIP	2.2	2.0	-	1.9	5.6
Intangible assets	2.3	2.1	2.1	1.6	1.0
LT loans and advances	1.1	1.2	1.2	-	-
Other non-current assets	4.6	51.1	69.2	58.7	72.8
Current assets +	160.8	170.1	208.8	209.7	248.9
Inventories	25.2	48.5	50.5	53.1	56.1
Trade receivables	62.3	37.3	34.6	63.5	58.3
Cash and cash equivalents	0.7	3.9	38.7	5.8	3.7
ST loans and advances	10.7	11.5	12.2	-	-
Other current assets	61.9	69.0	72.8	87.4	130.8
Total assets	234.4	306.3	363.7	356.4	423.7

Percentage of assets	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019
Equity Capital	2.18	2.17	1.82	1.86	1.57
Reserves	60.92	61.29	66.59	81.85	85.11
Borrowings +	1.57	5.43	5.75	6.32	2.59
Long term borrowings	0.14	1.36	0.12	0.96	0.78
Short term borrowings	1.43	4.06	5.63	5.37	1.81
Trade payables	3.75	3.07	1.52	5.69	6.65
Other liabilities +	35.33	31.12	25.84	9.97	10.73
Other non-current liabilities	1.25	1.96	2.04	1.57	1.31
Other current liabilities	30.33	26.09	22.27	2.7	2.77
Total liabilities
Fixed Assets +	28.95	27.42	23.25	24.68	24.07
Tangible assets	26.99	26.07	22.68	23.68	22.53
CWIP	0.95	0.66	0.01	0.55	1.31
Intangible assets	1.0	0.7	0.57	0.45	0.22
LT loans and advances	0.49	0.38	0.32	0.0	0.0
Other non-current assets	1.97	16.68	19.02	16.48	17.19
Current assets +	68.59	55.52	57.41	58.84	58.74
Inventories	10.75	15.82	13.87	14.9	13.24
Trade receivables	26.58	12.16	9.52	17.8	13.75
Cash and cash equivalents	0.3	1.26	10.64	1.62	0.88
ST loans and advances	4.56	3.76	3.35	0.0	0.0
Other current assets	26.4	22.52	20.02	24.52	30.87
Total assets

Total assets

Charges on assets

As per information available, the company has no registered charges.

Company Network

Companies connected through Directors

Name	Status	Paid up Capital	Common Directors	Address
GARWARE ELASTOMERICS LIMITED	Amalgamated	4.4 Cr	2	Maharashtra
INVENTION TEXTILES PRIVATE LIMITED	Strike Off	1.0 L	2	Maharashtra
SINGLE POINT DISTRIBUTION LIMITED	Amalgamated	40.0 L	2	Maharashtra
GARTEX INDUSTRIES LIMITED	Strike Off	5.0 L	2	Maharashtra
GARWARE HEALTHCARE LIMITED	Amalgamated	18.1 Cr	4	Maharashtra
GARWARE HEALTHCARE INDIA PRIVATE LIMITED	Active	1.0 L	2	Maharashtra
LEAFLAND AGRO TOURISM PRIVATE LIMITED	Active	1.0 L	1	Maharashtra
GARWARE HOLDINGS LIMITED	Amalgamated	2.6 Cr	4	Maharashtra
GARWARE FULFLEX INDIA PRIVATE LIMITED	Active	60.0 Cr	3
QUANTUM ADVISORS PRIVATE LIMITED	Active	11.2 Cr	1	Maharashtra
SHANKARMAHADEVAN WORLD OF ART PRIVATE LIMITED	Active	82.0 L	1	Karnataka
RITHWIK FOUNDATION FOR PERFORMING ARTS	Active	0.0	1	Maharashtra
TATA CAPITAL MARKETS LIMITED	Amalgamated	21.0 Cr	1	Maharashtra
SHIVAKRTIH REALTORS LLP	Active	3.0 L	1	Maharashtra
PRACHETAS CAPITAL PRIVATE LIMITED	Active	14.2 Cr	1	Maharashtra
DIVGI TORQTRANSFER SYSTEMS LIMITED	Active	15.3 Cr	1
VEEDOL CORPORATION LIMITED	Active	3.5 Cr	1
ATUL LIMITED	Active	29.4 Cr	1
PERSISTENT SYSTEMS LIMITED	Active	78.2 Cr	1
TATA INTERNATIONAL LIMITED	Active	85.6 Cr	1
BEAM GLOBAL SPIRITS & WINE (INDIA) PRIVATE LIMITED	Active	229.1 Cr	1
INTERNATIONAL ASSET RECONSTRUCTION COMPANY PRIVATE LIMITED	Active	84.2 Cr	1
GARWARE APPAREL PRIVATE LIMITED	Strike Off	1.0 L	2	Maharashtra
CONSOLIDATED AGRICULTURAL AND DAIRY FARMING CO PVT LTD	Active	6.5 L	1	Maharashtra
IMPERIO RUBBER POLYMERS & ADVISORY SERVI CES LLP	Active	10,000.0	1	Maharashtra
QUICKFIND ONLINE SERVICES PRIVATE LIMITED	Active	1.5 L	1	Maharashtra
UNIVERSAL SOMPO GENERAL INSURANCE COMPANY LIMITED	Active	368.2 Cr	1	Maharashtra
KRSNAA DIAGNOSTICS LIMITED	Active	16.1 Cr	1

Subsidiary Companies

Name	State / Country	Incorporation Year	Paidup Capital
Elastomer INC.	United States	-	-

Tofler Score

Poor

Fair

Good

Very Good

Excellent

Risk

Severe Risk

No risks identified

Moderate Risk

No risks identified

Low Risk

No risks identified

About Tofler Score

Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

CIN

U24130MH1994PLC142451

PAN

AABCG8082C

Incorporation

1994, 30.7 years

Company Email

gbl-legal@garware.com

Paid up Capital

₹ 5.6 Cr

Authorised Capital

₹ 17.0 Cr

AGM

Sep 2020

Type

Public

Others

FAQ - GARWARE BESTRETCH LIMITED

What is the incorporation date of GARWARE BESTRETCH LIMITED?

The incorporation date of GARWARE BESTRETCH LIMITED is 12 October, 1994

What is the authorized share capital of GARWARE BESTRETCH LIMITED?

The authorized share capital of GARWARE BESTRETCH LIMITED is INR ₹ 17.0 Cr.

What is the paid-up capital of GARWARE BESTRETCH LIMITED?

The paid-up capital of GARWARE BESTRETCH LIMITED is INR ₹ 5.6 Cr.

What is the registered address of GARWARE BESTRETCH LIMITED?

The registered address of GARWARE BESTRETCH LIMITED is 2-A(3), Maker Bhavan II, Plot No. 18 New Marine Lines, CS No. 1433, Division, - Fort, Mumbai City, Mumbai, Maharashtra, India, 400020 - 400020

What is the CIN number of GARWARE BESTRETCH LIMITED?

The CIN number of GARWARE BESTRETCH LIMITED is U24130MH1994PLC142451.

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