Garware Hi-Tech Films Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Strong return on equity (ROE 15%)
- ✓Efficient capital deployment (ROCE 20.6%)
- ✓Attractively valued vs sector (P/E 30.2x vs industry 50.5x)
- ✓Virtually debt-free
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| BEL Bharat Electronics Limited | ₹439 | ₹3.2L Cr | 52.9 | 14.87 | 29.2 | 38.9 | 0 |
| HAL Hindustan Aeronautics Limited | ₹4,658 | ₹2.9L Cr | 32.6 | 8.39 | 26.1 | 33.9 | 0 |
| ABB ABB India Limited | ₹7,247 | ₹1.5L Cr | 91.8 | 19.59 | 22.4 | 29.9 | 0.01 |
| CUMMINSIND Cummins India Limited | ₹5,274 | ₹1.5L Cr | 62.7 | 18.51 | 28.2 | 36.3 | 0 |
| SIEMENS Siemens Limited | ₹3,824 | ₹1.4L Cr | 82.9 | 10.31 | 11.8 | 15.8 | 0.01 |
| CGPOWER CG Power and Industrial Solutions Limited | ₹819 | ₹1.3L Cr | 115 | 17.27 | 27.7 | 37.5 | 0.02 |
| BHEL Bharat Heavy Electricals Limited | ₹377 | ₹1.2L Cr | 151 | 5.37 | 2.12 | 4.87 | 0.45 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
GRWRHITECH · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 60.73% | 60.73% | 60.73% | 60.73% | 60.73% | 60.73% |
| FII | 0.12% | 0.31% | 0.52% | 1.56% | 2.69% | 3.50% |
| DII | 3.77% | 4.21% | 4.76% | 4.48% | 4.33% | 4.75% |
| Public | 35.38% | 34.75% | 34.00% | 33.25% | 32.27% | 31.03% |
Corporate Events
To consider and approve the financial results for the quarter and year ended March 31, 2026, recommend the dividend, if any, and other business matters
Dividend - Rs 12 Per Share
Annual General Meeting
Dividend - Rs 10 Per Share
Annual General Meeting
Dividend - Rs 10 Per Share
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹459 Cr ▼19.5% | ₹570 Cr ▲15.2% | ₹495 Cr ▼9.7% | ₹548 Cr ▲17.6% | ₹466 Cr ▼25.0% | ₹621 Cr ▲31.0% | ₹474 Cr ▲6.0% | ₹447 Cr |
| Op. Profit | ₹70 Cr ▼41.2% | ₹119 Cr ▲8.2% | ₹110 Cr ▲5.8% | ₹104 Cr ▲28.4% | ₹81 Cr ▼40.9% | ₹137 Cr ▲15.1% | ₹119 Cr ▲52.6% | ₹78 Cr |
| OPM | 15.0% ▼28.6% | 21.0% ▼4.5% | 22.0% ▲15.8% | 19.0% ▲11.8% | 17.0% ▼22.7% | 22.0% ▼12.0% | 25.0% ▲38.9% | 18.0% |
| Net Profit | ₹56 Cr ▼38.5% | ₹91 Cr ▲9.6% | ₹83 Cr ▲6.4% | ₹78 Cr ▲27.9% | ₹61 Cr ▼41.3% | ₹104 Cr ▲18.2% | ₹88 Cr ▲51.7% | ₹58 Cr |
| EPS (₹) | 24.01 ▼38.9% | 39.27 ▲9.9% | 35.73 ▲6.7% | 33.49 ▲28.0% | 26.17 ▼41.7% | 44.88 ▲18.0% | 38.03 ▲52.9% | 24.88 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹2.1K Cr ▲25.8% | ₹1.7K Cr ▲16.6% | ₹1.4K Cr ▲10.4% | ₹1.3K Cr ▲31.7% | ₹989 Cr ▲6.9% | ₹925 Cr ▼2.4% | ₹948 Cr ▲13.8% | ₹833 Cr ▼4.7% | ₹874 Cr |
| Expenses | ₹1.7K Cr ▲19.6% | ₹1.4K Cr ▲15.2% | ₹1.2K Cr ▲13.7% | ₹1.1K Cr ▲38.3% | ₹770 Cr ▲0.9% | ₹763 Cr ▼5.1% | ₹804 Cr ▲7.2% | ₹750 Cr ▼6.4% | ₹801 Cr |
| Op. Profit | ₹441 Cr ▲56.4% | ₹282 Cr ▲24.2% | ₹227 Cr ▼4.6% | ₹238 Cr ▲8.7% | ₹219 Cr ▲35.2% | ₹162 Cr ▲12.5% | ₹144 Cr ▲73.5% | ₹83 Cr ▲13.7% | ₹73 Cr |
| OPM | 21.0% ▲23.5% | 17.0% ▲6.3% | 16.0% ▼11.1% | 18.0% ▼18.2% | 22.0% ▲29.4% | 17.0% ▲13.3% | 15.0% ▲50.0% | 10.0% ▲25.0% | 8.0% |
| Other Income | ₹54 Cr ▲38.5% | ₹39 Cr ▼7.1% | ₹42 Cr ▲7.7% | ₹39 Cr ▲160.0% | ₹15 Cr ▲25.0% | ₹12 Cr ▲33.3% | ₹9 Cr ▲80.0% | ₹5 Cr ▼37.5% | ₹8 Cr |
| Interest | ₹9 Cr ▼25.0% | ₹12 Cr ▼29.4% | ₹17 Cr ▼5.6% | ₹18 Cr ▼10.0% | ₹20 Cr ▲11.1% | ₹18 Cr ▼5.3% | ₹19 Cr ▼24.0% | ₹25 Cr ▼24.2% | ₹33 Cr |
| Depreciation | ₹41 Cr ▲5.1% | ₹39 Cr ▲21.9% | ₹32 Cr ▲14.3% | ₹28 Cr ▲16.7% | ₹24 Cr ▲20.0% | ₹20 Cr ▲42.9% | ₹14 Cr ▲0.0% | ₹14 Cr ▲0.0% | ₹14 Cr |
| PBT | ₹445 Cr ▲64.8% | ₹270 Cr ▲22.7% | ₹220 Cr ▼4.8% | ₹231 Cr ▲21.6% | ₹190 Cr ▲40.7% | ₹135 Cr ▲12.5% | ₹120 Cr ▲140.0% | ₹50 Cr ▲47.1% | ₹34 Cr |
| Tax % | 26.0% ▲4.0% | 25.0% ▲4.2% | 24.0% ▼14.3% | 28.0% ▼17.6% | 34.0% ▼5.6% | 36.0% ▲12.5% | 32.0% ▼5.9% | 34.0% ▲3.0% | 33.0% |
| Net Profit | ₹331 Cr ▲63.1% | ₹203 Cr ▲22.3% | ₹166 Cr ▼0.6% | ₹167 Cr ▲32.5% | ₹126 Cr ▲46.5% | ₹86 Cr ▲4.9% | ₹82 Cr ▲148.5% | ₹33 Cr ▲50.0% | ₹22 Cr |
| EPS (₹) | 142.57 ▲62.9% | 87.5 ▲22.4% | 71.51 ▼0.6% | 71.96 ▲32.7% | 54.21 ▲46.4% | 37.03 ▲5.4% | 35.14 ▲146.4% | 14.26 ▲47.6% | 9.66 |
| Div Payout | 8.0% ▼27.3% | 11.0% ▼21.4% | 14.0% ▲0.0% | 14.0% ▼22.2% | 18.0% ▼33.3% | 27.0% ▼3.6% | 28.0% ▲100.0% | 14.0% ▲40.0% | 10.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||||
| Equity Capital | ₹23 Cr ▲0.0% | ₹23 Cr ▲0.0% | ₹23 Cr ▲0.0% | ₹23 Cr ▲0.0% | ₹23 Cr ▲0.0% | ₹23 Cr ▲0.0% | ₹23 Cr ▲0.0% | ₹23 Cr ▲0.0% | ₹23 Cr ▲0.0% | ₹23 Cr |
| Reserves | ₹2.5K Cr ▲5.7% | ₹2.3K Cr ▲16.2% | ₹2.0K Cr ▲10.3% | ₹1.8K Cr ▲8.6% | ₹1.7K Cr ▲9.6% | ₹1.5K Cr ▲11.6% | ₹1.4K Cr ▲2.3% | ₹1.3K Cr ▲6.3% | ₹1.3K Cr ▲3.1% | ₹1.2K Cr |
| Borrowings | ₹18 Cr | ₹0 Cr | ₹0 Cr ▼100.0% | ₹141 Cr ▼22.5% | ₹182 Cr ▲31.9% | ₹138 Cr ▼6.1% | ₹147 Cr ▼1.3% | ₹149 Cr ▼12.9% | ₹171 Cr ▼45.2% | ₹312 Cr |
| Other Liabilities | ₹307 Cr ▼1.0% | ₹310 Cr ▲11.1% | ₹279 Cr ▲28.0% | ₹218 Cr ▼9.2% | ₹240 Cr ▲43.7% | ₹167 Cr ▲30.5% | ₹128 Cr ▲2.4% | ₹125 Cr ▲16.8% | ₹107 Cr ▲23.0% | ₹87 Cr |
| Total Liabilities | ₹2.8K Cr ▲5.6% | ₹2.7K Cr ▲15.4% | ₹2.3K Cr ▲5.0% | ₹2.2K Cr ▲3.8% | ₹2.1K Cr ▲14.2% | ₹1.9K Cr ▲11.3% | ₹1.7K Cr ▲2.0% | ₹1.6K Cr ▲4.8% | ₹1.6K Cr ▼5.0% | ₹1.7K Cr |
| Assets | ||||||||||
| Fixed Assets | ₹1.5K Cr ▲6.0% | ₹1.4K Cr ▼0.6% | ₹1.4K Cr ▼1.2% | ₹1.5K Cr ▲9.4% | ₹1.3K Cr ▲0.9% | ₹1.3K Cr ▲3.9% | ₹1.3K Cr ▲3.3% | ₹1.2K Cr ▲1.0% | ₹1.2K Cr ▼0.4% | ₹1.2K Cr |
| CWIP | ₹24 Cr ▼38.5% | ₹39 Cr ▲1850.0% | ₹2 Cr ▼80.0% | ₹10 Cr ▼89.6% | ₹96 Cr ▲772.7% | ₹11 Cr ▼45.0% | ₹20 Cr ▲81.8% | ₹11 Cr ▲10.0% | ₹10 Cr ▲25.0% | ₹8 Cr |
| Investments | ₹685 Cr ▲6.5% | ₹643 Cr ▲77.1% | ₹363 Cr ▼7.6% | ₹393 Cr ▲43.4% | ₹274 Cr ▲21.2% | ₹226 Cr ▲94.8% | ₹116 Cr ▼3.3% | ₹120 Cr ▲233.3% | ₹36 Cr ▲24.1% | ₹29 Cr |
| Other Assets | ₹594 Cr ▲6.6% | ₹557 Cr ▲9.6% | ₹508 Cr ▲47.7% | ₹344 Cr ▼18.7% | ₹423 Cr ▲40.1% | ₹302 Cr ▲14.4% | ₹264 Cr ▼4.7% | ₹277 Cr ▼7.0% | ₹298 Cr ▼22.8% | ₹386 Cr |
| Total Assets | ₹2.8K Cr ▲5.6% | ₹2.7K Cr ▲15.4% | ₹2.3K Cr ▲5.0% | ₹2.2K Cr ▲3.8% | ₹2.1K Cr ▲14.2% | ₹1.9K Cr ▲11.3% | ₹1.7K Cr ▲2.0% | ₹1.6K Cr ▲4.8% | ₹1.6K Cr ▼5.0% | ₹1.7K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹330 Cr ▲91.9% | ₹172 Cr ▼21.1% | ₹218 Cr ▲26.7% | ₹172 Cr ▼13.6% | ₹199 Cr ▲101.0% | ₹99 Cr ▼29.8% | ₹141 Cr ▲5.2% | ₹134 Cr ▲74.0% | ₹77 Cr ▼23.8% | ₹101 Cr |
| Investing CF | ₹-275 Cr ▼697.8% | ₹46 Cr ▲127.4% | ₹-168 Cr ▼19.1% | ₹-141 Cr ▼11.9% | ₹-126 Cr ▼186.4% | ₹-44 Cr ▲56.4% | ₹-101 Cr ▼1920.0% | ₹-5 Cr ▲58.3% | ₹-12 Cr ▼140.0% | ₹-5 Cr |
| Financing CF | ₹-52 Cr ▲69.2% | ₹-169 Cr ▼89.9% | ₹-89 Cr ▼1583.3% | ₹6 Cr ▲116.7% | ₹-36 Cr ▲43.8% | ₹-64 Cr ▼30.6% | ₹-49 Cr ▲71.5% | ₹-172 Cr ▼330.0% | ₹-40 Cr ▲58.3% | ₹-96 Cr |
| Net Cash Flow | ₹2 Cr ▼95.8% | ₹48 Cr ▲223.1% | ₹-39 Cr ▼205.4% | ₹37 Cr ▼2.6% | ₹38 Cr ▲522.2% | ₹-9 Cr ▼12.5% | ₹-8 Cr ▲81.4% | ₹-43 Cr ▼272.0% | ₹25 Cr | ₹0 Cr |
| Free Cash Flow | ₹276 Cr ▲76.9% | ₹156 Cr ▲2.6% | ₹152 Cr ▲137.5% | ₹64 Cr ▼54.0% | ₹139 Cr ▲208.9% | ₹45 Cr ▼60.9% | ₹115 Cr ▼7.3% | ₹124 Cr ▲103.3% | ₹61 Cr ▼33.7% | ₹92 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 7d ▼12.5% | 8d ▲0.0% | 8d ▼11.1% | 9d ▼43.8% | 16d ▼23.8% | 21d ▼4.5% | 22d ▲29.4% | 17d ▼34.6% | 26d ▲52.9% | 17d |
| Inventory Days | 116d ▼12.1% | 132d ▲21.1% | 109d ▼24.8% | 145d ▲13.3% | 128d ▲28.0% | 100d ▲42.9% | 70d ▼14.6% | 82d ▼8.9% | 90d ▼18.9% | 111d |
| Days Payable | 55d ▼24.7% | 73d ▲28.1% | 57d ▼25.0% | 76d ▼14.6% | 89d ▲43.5% | 62d ▼8.8% | 68d ▲25.9% | 54d ▲38.5% | 39d ▲8.3% | 36d |
| Cash Conv. Cycle | 68d ▲1.5% | 67d ▲11.7% | 60d ▼24.1% | 79d ▲46.3% | 54d ▼6.9% | 58d ▲141.7% | 24d ▼45.5% | 44d ▼42.9% | 77d ▼15.4% | 91d |
| Working Capital Days | 28d ▼22.2% | 36d ▲414.3% | 7d ▼12.5% | 8d ▼11.1% | 9d ▼47.1% | 17d ▲240.0% | 5d ▼70.6% | 17d ▲126.2% | -65d ▼12.1% | -58d |
| ROCE | 21.0% ▲50.0% | 14.0% ▲16.7% | 12.0% ▼7.7% | 13.0% ▲0.0% | 13.0% ▲30.0% | 10.0% ▲11.1% | 9.0% ▲80.0% | 5.0% ▲0.0% | 5.0% ▼37.5% | 8.0% |
Source: Screener.in · Lower days = better efficiency
About Garware Hi-Tech Films Limited
Garware Polyester is the world's No.1 vertically integrated ''Chip to Film'' manufacturing company.[1]
Capital Goods · Industrial Products