# Garware Technical Fibres CEO sees strong Q2 on value products

2026-08-10T11:59:38+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

Garware Technical Fibres posted a 31.4% rise in consolidated net sales to Rs 482.4 crore and a 21.5% profit growth to Rs 64.5 crore in Q1 FY27. CEO Shujaul Rehman said the results reflect innovation in solving customer problems. The company draws 80% of business from value-added products, with aquaculture contributing 35% and geosynthetics growing at 40% CAGR over three years. Raw material volatility and shipment delays due to West Asia unrest remain key challenges. However, Rehman said value-added margins help pass on costs, with raw materials only 30% of aquaculture costs. The company aims to upgrade its remaining 20% commodity portfolio, has 28-29 patents approved, and targets doubling profits every five years. Capacity utilisation is at 80-85%, with annual capex of Rs 50-70 crore.

## Coverage

- businesstoday.in <https://www.businesstoday.in/markets/stocks/story/garware-technical-fibres-ceo-sees-positive-q2-outlook-value-added-products-in-focus-548325-2026-08-10?utm_source=rssfeed>
- businesstoday.in <https://www.businesstoday.in/bt-tv/market-today/video/garware-technical-fibres-ceo-on-q1-results-margins-costs-growth-outlook-548307-2026-08-10?utm_source=rssfeed>

Tags: aquaculture, Garware Technical Fibres, geosynthetics, Q2 outlook, raw material volatility, value-added products
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