GARWARE HI-TECH FILMS LTD

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.