GRWRHITECH · Garware Hi-Tech Films Ltd · Fabricated Plastic & Rubber
GRWRHITECH · Garware Hi-Tech Films Ltd · Fabricated Plastic & Rubber
As of 05 Nov close
52-week range
4.5% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹633 Cr
Revenue YoY
PAT YoY
+59.8%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
5.8
P/S (TTM)
7.1
Sector P/E
20.6
Dividend yield
+0.2%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| GRWRHITECH (this stock) | 40 | 5.8 | +17.2% | +14.6% | 0.01 | +0.2% |
| Supreme Industries | 38.9 | 6.9 | +9.1% | +16.7% | 0.01 | +1.1% |
| Astral | 62.4 | 10.4 | +8.5% | +14.2% | 0.06 | +0.3% |
| PG Electroplast | 73.9 | 4.9 | +3.7% | +6.7% | 0.2 | +0.1% |
Promoter
stable
FII
rising 1q
MF
4.95% (+0.49pp)
rising 1q
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
- lowgurufocus.com· 27 Oct 2026, 06:25 amQ2 2027 Garware Hi-Tech Films Ltd Earnings Call Transcript
- lowthehindubusinessline.com· 11 Aug 2026, 08:26 pmIndia’s top 300 family businesses worth $1.46 trillion, outperform Nifty and Sensex
Concalls & investor presentations
AI-generatedKey takeaway: Garware Hi-Tech Films Limited (GRWRHITECH) reported strong financial performance in Q2 and H1 FY27, with revenue reaching ₹1,065 crore and an EBITDA margin of 28.7%, exceeding the guidance range of 23%-27%. Management highlighted operational efficiencies, favorable product mix, and strategic initiatives in automotive, architectural, and specialty films. The TPU line is expected to become operational in Q3 FY27, with further capacity additions underway. The company also emphasized its strategic technology partnership with Lubrizol for backward integration and new product development, aiming to improve EBITDA margins. Additionally, the company is expanding into PDLC films for smart architecture, offering retrofit solutions for existing glass. The presentation noted a FY27 revenue target of ₹2,500 crore+ and raised EBITDA margin guidance to 27% ±2%. The company also outlined its environmental stewardship initiatives, including zero liquid discharge, water recycling, and use of eco-friendly materials. The consolidated annual performance showed consistent growth in revenue, EBITDA, and PAT, with a focus on sustainable practices and innovation.
The document emphasizes strong financial performance, exceeding guidance, strategic initiatives, and environmental commitments, reflecting a positive outlook.
Sourced from an exchange-filed presentation, dated 22 Oct 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Garware Hi-Tech Films Limited held its Q1 FY27 Earnings Conference Call on August 7, 2026, where management reported record financial results, marking the strongest quarter in the company's history. Revenue from operations reached INR 633 crores, a 28% year-on-year increase, while EBITDA grew 56% to INR 192 crores, achieving a record margin of 30.30%. Profit before tax and profit after tax both increased by 60% year-on-year to INR 176 crores and INR 133 crores, respectively. Management highlighted the successful transformation of the company into a technology-driven specialty film provider, with strong demand in key segments such as Sun Control Films and Paint Protection Films. The company also discussed ongoing investments in R&D and manufacturing capabilities, including a new TPU project and a sun control film manufacturing line. Management reaffirmed its revenue guidance of over INR 2,500 crores for FY27, maintaining an EBITDA margin of 25% plus/minus 2%.
Management emphasized strong financial performance and strategic growth initiatives.
Sourced from an exchange-filed transcript, dated 11 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Garware Hi-Tech Films Limited's investor presentation for the quarter ended June 30, 2026, reported a revenue growth of 28% and a profit after tax (PAT) increase of 60% year-over-year. Management highlighted strong demand across key product categories and a favorable product mix, despite challenges from geopolitical uncertainties and global trade volatility. The presentation detailed ongoing initiatives to enhance customer engagement through Garware Application Studios and the introduction of a new Sun Control Film line. Financial performance metrics showed significant year-over-year improvements in revenue, profit before tax (PBT), and EBITDA margins. The company emphasized its strategic focus on expanding its value-added specialty films segment and maintaining a robust market presence globally. Additionally, management outlined their commitment to sustainability and innovation, with various environmental initiatives and product developments underway.
Management emphasized strong financial performance and strategic growth initiatives.
Sourced from an exchange-filed presentation, dated 06 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Garware Hi-Tech Films Limited held its earnings conference call on May 7, 2026, to discuss its financial results for the quarter and year ended March 31, 2026. Management reported a strong performance despite a challenging global environment, with FY '26 achieving record revenue of INR 2,120 crores and profit after tax of INR 338 crores. The company emphasized its focus on maintaining market share and expanding its product portfolio, including sustainable films and privacy solutions. Management highlighted the successful onboarding of new distributors in the U.S. and U.K. and the expansion of its domestic footprint. The call also addressed future growth strategies, including direct-to-consumer initiatives and capacity expansions, particularly in sun control films. Management set a revenue goal of INR 2,500 crores for FY '27, reflecting a commitment to innovation and customer engagement.
Management highlighted strong financial performance and growth strategies despite external challenges.
Sourced from an exchange-filed transcript, dated 11 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Garware Hi-Tech Films Limited held its earnings conference call on February 2, 2026, to discuss its financial results for the third quarter and nine months ended December 31, 2025. Management reported a marginal revenue decline of 1.6% year-on-year for Q3 FY '26, attributed to a challenging export environment impacted by a 50% tariff structure. Despite this, the company maintained a robust order book and a significant export contribution of 74.3% to total revenues. EBITDA declined by 7.4% year-on-year, with management emphasizing operational efficiencies and a strong product mix to mitigate tariff impacts. The company announced plans to establish a wholly owned subsidiary in the UAE to enhance its presence in the Middle East and expand its global footprint. Management also highlighted the successful launch of Garware Home Solutions and the expansion of its direct-to-consumer channels. Overall, the call reflected the company's resilience and strategic initiatives amid external challenges.
The management presented a balanced view of challenges and strategic initiatives without strong emphasis on growth or decline.
Sourced from an exchange-filed transcript, dated 06 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Garware Hi-Tech Films Limited's investor presentation detailed the unaudited financial results for the quarter and nine months ended December 31, 2025. Management reported stable revenues despite tariff-related impacts, with a focus on long-term growth and strategic execution. The company announced plans to establish a wholly owned subsidiary in the UAE to enhance its export footprint in the MENA region. Additionally, Garware Home Solutions was launched, marking the company's entry into direct-to-consumer initiatives. Financial performance showed a revenue increase to ₹1,561 crore for Q3 FY26, with a PAT of ₹253 crore. The presentation highlighted the company's commitment to sustainability, being GreenPro certified, and its ongoing efforts in expanding its product portfolio and market presence. Management emphasized disciplined execution and prudent risk management as key to achieving sustainable growth.
Management highlighted growth initiatives and stable financial performance.
Sourced from an exchange-filed presentation, dated 31 Jan 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedGarware Hi-Tech Films Limited reported its highest annual revenue and profit after tax in FY2026, with new production lines enhancing its capacity for high-margin products. The company is expanding its international presence through new studios and distributors, while introducing innovative products like ceramic and graphene coatings. Strategic initiatives include a D2C model and digital platform development to improve market reach and operational efficiency.
- Expansion of product portfolio towards high-margin and value-added products through new production lines.
- Enhancement of international footprint with new studios in the U.S. and Middle East.
- Introduction of innovative products such as ceramic and graphene coatings to target new market segments.
- Management has stated a target of developing digital capabilities and new platforms to support channel partners and improve operational efficiency.
- Strategic diversification into B2C markets through Garware Home Solutions.
Key takeaway: Garware Hi-Tech Films is focusing on product innovation, international expansion, and digital transformation to drive long-term growth and strengthen its market position.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
No item of a kind that needs attention was stored for this company.
Contingent Liability
2 occurrencesRecent (last 12 months)
The company has disputes with regulatory authorities and others, which are disclosed as contingent liabilities in the financial statements where the possibility of an outflow of resources is possible and not remote.
Earlier (1-3 years ago)
The company is involved in various disputes with regulatory authorities, leading to contingent liabilities that have been disclosed in the financial statements.
Related-Party Transaction
2 occurrencesRecent (last 12 months)
The company has transactions with related parties, including sales of goods/services with subsidiaries and entities in which directors have interests, as disclosed in the annual report.
Earlier (1-3 years ago)
The company engaged in transactions with related parties, including purchase of materials and services, rent payments, and donations, with entities in which directors have an interest or are trustees.