GARWARE HI-TECH FILMS LTD·PLASTIC PRODUCTS 63.77POLYESTER FILMS 75.43·Industrial Products Companies

2026-08-21 NSE BSE Web 20%

Price

7,123.5

+0.19%
O:7110
H:7171.5
L:7060
C:7123.5

52W Range

26817990
+166%/-11%

Market Cap

₹16,549.60 Cr

Traded: ₹14.39 Cr (0.09%) 0.0x

Free Float: ₹4,451.84 Cr (0.32% of FF traded)

Volume · 60D trend

20.22 K 0.0x

Delivery: % 0.0x

View Delivery Data

Returns

1W:+0% 1M:-0% 3M:+5% 6M:+79% 12M:+93%

Valuation

P/E42.7
P/B6.2
P/S7.3
EV/EBIT21.2

Business Strength

ROE15.0%
ROCE20.5%
OPM20.5%
NPM15.9%

Growth (3Y CAGR)

EPS+2.1%
Sales+14.0%
Profit+27.0%
3Y Return+100.0%

Balance Sheet

Debt/Equity0.0
Debt0.04 Cr
Pledge0.0%
CWIP/Fixed Asset1.6%

Cash Position

CFO/NP81.4%
FCF114 Cr
FCF 3Y Avg546 Cr
Cash/MCap1.0%

Others

Div Yield0.3%
Div Payout8.0%
Cash Conv. Cycle89 days
Tradeable Free Float26.9%

MTF Exposure Trend

60 sessions · funded amount, % of FF, daily delta

Current
₹ 73.51 Cr
1.65% FF
60d high
₹ 76.48 Cr
60d low
₹ 43.63 Cr
60d mean
₹ 56.47 Cr
vs mean
▲ 30.17%

Growth Trends

Metric10Y5Y3Y1YTTMTrend
ROE
+9.0%
+12.0%
+13.0%
--
--
Accelerating
Return
+51.0%
+45.0%
+100.0%
+127.0%
--
Accelerating
Profit
+36.0%
+22.0%
+27.0%
--
+19.0%
Stable
Sales
+9.0%
+16.0%
+14.0%
--
+6.0%
Decelerating

Quarterly Results

Jun 2026

6 Aug
Rev
633 Cr
+28% YoY+6% QoQ
OPM27.0%
NPM21.0%
PAT
--133 Cr
EPS
+60% YoY57.1

Mar 2026

6 May
Rev
597 Cr
+9% YoY+30% QoQ
OPM23.0%
NPM18.1%
PAT
+39% YoY108 Cr
EPS
+39% YoY46.6

Dec 2025

31 Jan
Rev
459 Cr
-2% YoY-19% QoQ
OPM15.0%
NPM12.2%
PAT
-8% YoY56 Cr
EPS
-8% YoY24.0

Sep 2025

PDF
Rev
570 Cr
-8% YoY+15% QoQ
OPM21.0%
NPM16.0%
PAT
-12% YoY91 Cr
EPS
-13% YoY39.3

Jun 2025

PDF
Rev
495 Cr
+4% YoY-10% QoQ
OPM22.0%
NPM16.8%
PAT
-6% YoY83 Cr
EPS
-6% YoY35.7

Mar 2025

PDF
Rev
548 Cr
+23% YoY+18% QoQ
OPM19.0%
NPM14.2%
PAT
+35% YoY78 Cr
EPS
+35% YoY33.5

Dec 2024

PDF
Rev
466 Cr
+3% YoY-25% QoQ
OPM17.0%
NPM13.1%
PAT
+9% YoY61 Cr
EPS
+9% YoY26.2

Sep 2024

PDF
Rev
621 Cr
+56% YoY+31% QoQ
OPM22.0%
NPM16.8%
PAT
+127% YoY104 Cr
EPS
+127% YoY44.9

Jun 2024

PDF
Rev
474 Cr
+25% YoY+6% QoQ
OPM25.0%
NPM18.6%
PAT
+102% YoY88 Cr
EPS
+102% YoY38.0

Mar 2024

PDF
Rev
447 Cr
+28% YoY-2% QoQ
OPM18.0%
NPM13.0%
PAT
+34% YoY58 Cr
EPS
+34% YoY24.9

Dec 2023

PDF
Rev
454 Cr
+40% YoY+14% QoQ
OPM17.0%
NPM12.3%
PAT
+84% YoY56 Cr
EPS
+84% YoY24.1

Sep 2023

PDF
Rev
397 Cr
+1% YoY+4% QoQ
OPM16.0%
NPM11.6%
PAT
-5% YoY46 Cr
EPS
-5% YoY19.8

Jun 2023

PDF
Rev
380 Cr
--+9% QoQ
OPM17.0%
NPM11.6%
PAT
-2% YoY44 Cr
EPS
--18.8

Mar 2023

Rev
349 Cr
--+8% QoQ
OPM15.0%
NPM12.3%
PAT
-5% YoY43 Cr
EPS
--18.5

Dec 2022

Rev
324 Cr
---18% QoQ
OPM14.0%
NPM9.3%
PAT
-29% YoY30 Cr
EPS
--13.1

Sep 2022

Rev
395 Cr
----
OPM17.0%
NPM12.2%
PAT
+11% YoY48 Cr
EPS
--20.7

Revenue & Margin Trends

Annual

Quarterly

Balance Sheet Health

Leverage

Debt / Equity0.01
Interest Coverage13.8x
Promoter Pledge0.0%
Borrowings16 Cr

Efficiency

Receivable Days9 days
Inventory Days149 days
Payable Days69 days
Cash Conversion cycle89 days

Cash Position

Operating Cash Flow275 Cr
Investing Cash Flow-208 Cr
Financing Cash Flow-60 Cr
Free Cash Flow114 Cr

Detailed Financials

Jun 2026PDF ↗
Mar 2026PDF ↗
Dec 2025PDF ↗
Sep 2025PDF ↗
Jun 2025PDF ↗
Mar 2025PDF ↗
Dec 2024PDF ↗
Sep 2024PDF ↗
Jun 2024PDF ↗
Mar 2024PDF ↗
Dec 2023PDF ↗
Sep 2023PDF ↗
Jun 2023PDF ↗
Mar 2023
Dec 2022
Sep 2022
Sales633597459570495548466621474447454397380349324395
Expenses461461388450385443385484356368379332316296279328
Operating Profit172135701191101048113711978756564534567
OPM %27.0%23.0%15.0%21.0%22.0%19.0%17.0%22.0%25.0%18.0%17.0%16.0%17.0%15.0%14.0%17.0%
Other Income202116141317121411129991779
Interest2222222222244544
Depreciation131212111110101010101010101088
Profit Before Tax176142731201101098113811878736159564064
Tax %25.0%24.0%24.0%24.0%25.0%29.0%25.0%25.0%25.0%26.0%23.0%24.0%25.0%23.0%25.0%25.0%
Net Profit13310856918378611048858564644433048
Exceptional Items--------------------------------
EPS (Rs)57.146.624.039.335.733.526.244.938.024.924.119.818.818.513.120.7
Sales Growth (YoY)27.9%8.9%-1.5%-8.2%4.4%22.6%2.6%56.4%24.7%28.1%40.1%0.5%--------
Sales Growth (QoQ)6.0%30.1%-19.5%15.2%-9.7%17.6%-25.0%31.0%6.0%-1.5%14.4%4.5%8.9%7.7%-18.0%--
OP Growth (YoY)56.4%29.8%-13.6%-13.1%-7.6%33.3%8.0%110.8%85.9%47.2%66.7%-3.0%--------
OP Growth (QoQ)27.4%92.9%-41.2%8.2%5.8%28.4%-40.9%15.1%52.6%4.0%15.4%1.6%20.8%17.8%-32.8%--
Profit Growth (YoY)--39.0%-8.0%-12.0%-6.0%35.0%9.0%127.0%102.0%34.0%84.0%-5.0%-2.0%-5.0%-29.0%11.0%
EPS Growth (YoY)59.8%39.1%-8.3%-12.5%-6.0%34.6%8.8%127.1%102.2%34.2%83.7%-4.6%--------
EPS Growth (QoQ)22.6%94.0%-38.9%9.9%6.7%28.0%-41.7%18.0%52.9%3.5%21.7%5.0%1.5%41.6%-36.8%--
OP Margin27.2%22.6%15.3%20.9%22.2%19.0%17.4%22.1%25.1%17.4%16.5%16.4%16.8%15.2%13.9%17.0%
Net Margin21.0%18.1%12.2%16.0%16.8%14.2%13.1%16.8%18.6%13.0%12.3%11.6%11.6%12.3%9.3%12.2%
Material Cost %--44.9%46.2%47.4%41.7%47.9%46.5%49.5%39.4%46.4%49.9%47.3%47.3%49.0%45.4%46.0%
Employee Cost %--8.4%10.6%8.2%9.8%9.0%9.7%7.0%8.6%8.3%8.2%8.3%9.3%8.3%9.2%7.8%
P/S7.338.125.024.71------------------------
P/E42.6750.8933.7931.30------------------------
P/B6.236.484.153.91------------------------

Shareholding Pattern

Shareholders:56.8K (+77.3%)
Current MixJun 2026

Exchange Filings

50
Company Update14 Aug 2026

Intimation to the shareholders holding shares in physical mode, to furnish KYC details

Company Update14 Aug 2026

Intimation of Institutional Investor Meet

Company Update11 Aug 2026

Intimation of Transcript

Company Update07 Aug 2026

Intimation about Audio Link for Earning Conference Call on Un-Audited Financial Results

Company Update07 Aug 2026

Newspaper Publication

Result06 Aug 2026

Unaudited Financial Results for the Quarter Ended June 30, 2026

Corp. Action06 Aug 2026

Fixed the Record date for the purpose of Dividend and Annual General Meeting as on September 16, 2026

Board Meeting06 Aug 2026

Outcome of Board Meeting along with Financial Results for the quarter ended June 30, 2026

Company Update10 Jul 2026

Intimation of demise of Mrs. Sarita Garware Ramsay (DIN: 00136048), Joint Managing Director of the Company

Company Update10 Jul 2026

Compliance Certificate under Reg 74(5) of SEBI (DP) Regulations, 2018

Company Update07 Jul 2026

Intimation of Credit Rating

Company Update01 Jul 2026

Intimation of Credit Rating

Insider Trading / SAST24 Jun 2026

Closure of Trading Window

Company Update24 Jun 2026

Re-appointment of Ms. Monika Garware as a Vice-Chairperson and Jt. Managing Director of the Company

Company Update24 Jun 2026

Appointment of Ms. Sonali Rajesh Mehta as Non-Executive Independent Director of the Company

Company Update24 Jun 2026

Cessation of Ms. Devanshi H. Nanavati as Non-Executive Independent Director of the Company w.e.f. June 24, 2026 on completion of second term.

AGM/EGM24 Jun 2026

Scrutinizer''s Report along with voting results.

AGM/EGM24 Jun 2026

Voting Results along with Scrutinizer''s Report

Company Update16 Jun 2026

Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015.

Company Update09 Jun 2026

Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 about Schedule of meet

Company Update23 May 2026

Copy of Newspaper Publication regarding the information of Postal Ballot Notice including remote e-voting process.

AGM/EGM22 May 2026

Notice of Postal Ballot

Company Update21 May 2026

Incorporation of Wholly Owned Subsidiary

Company Update16 May 2026

Intimation regarding Calendar of events for the Postal Ballot Process

Company Update16 May 2026

Intimation regarding Newspaper Publication for Special Window for Transfer and Dematerialisation (Demat) of Physical Shares

Company Update15 May 2026

Intimation regarding Change in Management

Company Update15 May 2026

Intimation regarding resignation of Mr. Abhishek Agarwal as CFO of the Company

Company Update15 May 2026

Intimation under Regulation 30 (5) of SEBI (LODR) Regulations, 2015

Company Update14 May 2026

Annual Secretarial Compliance Report

Company Update11 May 2026

Intimation about Transcript for Earnings Conference Call on Audited Financial Results

Company Update08 May 2026

Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 of Analyst/ Institutional Meet

Company Update07 May 2026

Intimation regarding the Newspaper Publication

Company Update07 May 2026

Intimation about Audio Link for Earning Conference Call on Audited Financial Results.

Result06 May 2026

Financial Results for the quarter and year ended March 31, 2026

Board Meeting06 May 2026

Outcome of the Board Meeting along with Financial Results for the quarter and year ended March 31, 2026 and Auditors Report thereon.

Company Update06 May 2026

Please find attached Investor Presentation on Financial Result

Company Update06 May 2026

Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 - Capacity Addition

Company Update06 May 2026

Please find attached press release on financial result

Corp. Action06 May 2026

The Board of Directors has recommended Dividend @ Rs. 12/- per share, subject to approval of shareholders at ensuing AGM.

Company Update06 May 2026

Intimation regarding re-appointment of Ms. Monika Garware as Vice-Chairperson and Managing Director of the Company, subject to approval of shareholders of the Company.

Company Update06 May 2026

Intimation regarding appointment of Ms. Sonali Rajesh Mehta as Additional Director in the category of Independent Director of the Company, subject to regularisation of appointment by the ....

Company Update06 May 2026

Intimation regarding re-appointment of Internal Auditors of the Company.

Company Update06 May 2026

Intimation regarding re-appointment of Cost Auditors of the Company.

Others06 May 2026

<b>Format of the Annual Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=''1px''> <tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> ....

Company Update02 May 2026

Intimation of Earnings Conference Call on Audited Financial Results / Business Performance of the Company for the Quarter and Year Ended March 31, 2026

Company Update30 Apr 2026

Newspaper Publication regarding Second 100 Days Campaign - Saksham Niveshak

Board Meeting29 Apr 2026

Garware Hi-Tech Films Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/05/2026 ,inter alia, to consider and approve the Financial Results ....

Others29 Apr 2026

<b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=''1px''><tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> <td><b>Details</b></td> ....

Company Update16 Apr 2026

Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015

Company Update10 Apr 2026

Intimation regarding New Products

Annual Reports

15

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

2011

Credit Ratings

6
careRating update
07 Jul 2025Report
careRating update
04 Jul 2024Report
careRating update
04 Jul 2023Report
careRating update
07 Jul 2022Report
careRating update
06 Jul 2021Report
careRating update
28 Sept 2020Report

Concalls

23

Feb 2026

28 Feb 2026

Nov 2025

30 Nov 2025

Aug 2025

31 Aug 2025

May 2025

31 May 2025

Feb 2025

28 Feb 2025

Feb 2025

28 Feb 2025

Nov 2024

30 Nov 2024

Nov 2024

30 Nov 2024

Aug 2024

31 Aug 2024

Jun 2024

30 Jun 2024

Feb 2024

29 Feb 2024

Nov 2023

30 Nov 2023

Aug 2023

31 Aug 2023

Jun 2023

30 Jun 2023

Jun 2022

30 Jun 2022

Nov 2021

30 Nov 2021

Aug 2021

31 Aug 2021

Jul 2021

31 Jul 2021

Jun 2021

30 Jun 2021

Jun 2021

30 Jun 2021

Jun 2021

30 Jun 2021

Feb 2021

28 Feb 2021

Dec 2020

31 Dec 2020

Held by ETFs

1 ETFs hold grwrhitech · sorted by weight

#ETFWeight %
1

AONETOTAL

AONEAMC - AONETOTAL

0.03%

Held by Mutual Funds

19 schemes hold grwrhitech · sorted by weight

#SchemeWeight %
1

Motilal Oswal Active Momentum Fund

Motilal Oswal Mutual Fund

4.98%
2

JM Small Cap Fund

JM Financial Mutual Fund

6.02%
3

LIC MF Midcap Fund

LIC Mutual Fund

2.83%
4

HSBC India Export Opportunities Fund

HSBC Mutual Fund

3.31%
5

Motilal Oswal Contra Fund

Motilal Oswal Mutual Fund

2.55%
6

Mahindra Manulife Small Cap Fund

Mahindra Manulife Mutual Fund

2.42%
7

LIC MF Unit Linked Insurance Scheme Direct-IDCW

LIC Mutual Fund

2.82%
8

Motilal Oswal Special Opportunities Fund

Motilal Oswal Mutual Fund

2.77%
9

ITI Balanced Advantage Fund

ITI Mutual Fund

2.26%
10

JM Flexicap Fund

JM Financial Mutual Fund

2.04%
11

JM Midcap Fund

JM Financial Mutual Fund

1.72%
12

Motilal Oswal ELSS Tax Saver Fund

Motilal Oswal Mutual Fund

1.92%
13

LIC MF Multi Asset Allocation Fund

LIC Mutual Fund

1.22%
14

LIC MF Equity Savings Fund

LIC Mutual Fund

0.86%
15

Diviniti Equity Long Short Fund

ITI Mutual Fund

0.83%
16

Bandhan Nifty Total Market Index Fund

Bandhan Mutual Fund

0.03%
17

Motilal Oswal Nifty Microcap 250 Index Fund

Motilal Oswal Mutual Fund

0.65%
18

Groww Nifty Total Market Index Fund

Groww Mutual Fund

0.03%
19

Motilal Oswal BSE 1000 Index Fund

Motilal Oswal Mutual Fund

0.03%