Garware Hi-Tech Films financials

·Capital Goods & DefenceChart ›
Latest results Q2 FY27 · Jul–Sep 2026
Revenue
₹696cr+22.1% on Q2 FY26
Net profit
₹129cr+41.9% on Q2 FY26
EBITDA margin
24.4%+3.4 pts on Q2 FY26
EPS
₹55.71+41.9% on Q2 FY26

Quarterly results

Every quarter ›
₹ croreQ2 FY27Q2 FY26Change
Revenue696570+22.1%
EBITDA169119+41.9%
EBITDA margin24.4%21.0%+3.4 pts
Profit before tax173120+43.7%
Net profit12991.2+41.9%
EPS₹55.71₹39.27+41.9%

Over time

Q2 FY27 · Jul–Sep 2026latest
Revenue₹696 crNet profit₹129 crNet margin18.6%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
16,400————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
903745640384376
0.00.00.00.0141
15,497————
2,3842,1202,1091,6771,438
—+0.5%+25.8%+16.6%—
547435441282227
23.0%20.5%20.9%16.8%15.8%
498390400243195
426338331203166
17.9%16.0%15.7%12.1%11.6%
₹183.41₹145.60₹142.58₹87.51₹71.52
—+2.1%+62.9%+22.4%—
—275330172218
—−161−58.6−16.8−70.5
114114271155148
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

GRWRHITECH₹7,060.00

Garware Hi-Tech Films Ltd.

· Capital Goods & Defence
₹ CrorePeersGREAVESCOTGMMPFAUDLRFINPIPEEPLINOXINDIAELECTCASTJAYNECOINDDYNAMATECHMcap ₹16,400 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————16,400.4
- Cash, Equiv & ST Investments376.3383.8640.3744.7903.4
+ Total Debt140.80.00.00.00.0
Enterprise Value————15,497.0
Revenue1,438.01,677.02,109.42,120.12,384.0
Growth %, YoY—+16.6+25.8+0.5—
EBITDA227.2282.0441.1434.7547.2
Margin %15.8016.8120.9120.5022.95
EBIT194.8243.0399.9389.6497.6
Net Income166.1203.3331.2338.2426.1
Margin %11.5512.1215.7015.9517.87
EPS, Adj (current shares)71.5287.51142.58145.60183.41
Growth %, YoY—+22.4+62.9+2.1—
Cash from Operations218.0172.1329.7275.3—
Capital Expenditures-70.5-16.8-58.6-161.4—
Free Cash Flow147.5155.3271.1113.9113.9
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Garware Hi-Tech Films financials and key ratios

Prices at the 30 October 2026 close · figures from the company's filings with NSE

Garware Hi-Tech Films (NSE: GRWRHITECH) had a market capitalisation of ₹16,202 crore at the 30 October 2026 close (₹6,974.50 a share), a PE ratio of 38.0 on the last four quarters' profit and a price-to-book ratio of 5.57. In FY26 its consolidated net profit was ₹338 crore on revenue of ₹2,120 crore; in Q2 FY27 (July–September 2026) it was ₹129 crore, up 41.9% year on year. It had no borrowings on 30 September 2026. Promoters held 60.72% of the shares on 30 September 2026.

Share price used
₹6,974.50 · 30 October 2026 close
Latest balance sheet
30 September 2026
Shareholding pattern
30 September 2026

Garware Hi-Tech Films at a glance · consolidated

Market cap
₹16,202 Crat ₹6,974.50 · 30 Oct close
PE ratio (last 4 quarters)
38.047.9 on FY26 profit
Price to book (PB)
5.57book value ₹1,251.33 a share
ROE (FY26)
13.5%−1.6 pts vs FY25ROCE 15.1%
Debt to equity
0.00net cash ₹933 Cr
Promoter holding
60.72%unchanged vs 30 Jun 202630 September 2026
Dividend yield
0.17%₹12 a share in 12 months
Net worth
₹2,907 Cr+16.0% vs 30 Sep 202530 September 2026
Free cash flow (FY26)
₹114 Cr−58.0% vs FY25

Questions

What is the Garware Hi-Tech Films PE ratio today?

Garware Hi-Tech Films' PE ratio is 38.0 at the 30 October 2026 close (₹6,974.50 a share): a market capitalisation of ₹16,202 crore divided by consolidated net profit of ₹426 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹338 crore) it is 47.9.

What is the Garware Hi-Tech Films net worth?

Garware Hi-Tech Films' net worth — shareholders' equity in its consolidated balance sheet — was ₹2,907 crore on 30 September 2026, up 16.0% from ₹2,507 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹16,202 crore at the 30 October 2026 close.

What is the Garware Hi-Tech Films book value per share?

Garware Hi-Tech Films' book value per share was ₹1,251.33 on 30 September 2026: shareholders' equity of ₹2,907 crore divided by the 2.32 crore shares in issue, up 16.0% from ₹1,079.00 a year earlier. The share price at the 30 October 2026 close was ₹6,974.50.

What is the Garware Hi-Tech Films PB ratio (price to book value)?

Garware Hi-Tech Films' price-to-book (PB) ratio is 5.57 at the 30 October 2026 close: a market capitalisation of ₹16,202 crore divided by shareholders' equity (book value) of ₹2,907 crore on 30 September 2026. That is a book value of ₹1,251.33 per share against a share price of ₹6,974.50.

What is the Garware Hi-Tech Films ROE and ROCE?

In FY26, Garware Hi-Tech Films' return on equity (ROE) was 13.5% and its return on capital employed (ROCE) was 15.1%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 15.0% and ROCE 17.6%.

What is the Garware Hi-Tech Films dividend yield?

Garware Hi-Tech Films' dividend yield is 0.17% at the 30 October 2026 close: dividends of ₹12 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹6,974.50. They were ₹12 on 16 September 2026.

What is the Garware Hi-Tech Films market cap?

Garware Hi-Tech Films' market capitalisation was ₹16,202 crore at the 30 October 2026 close: 2.32 crore shares at ₹6,974.50 each.

Is Garware Hi-Tech Films debt free?

Yes. Garware Hi-Tech Films had no borrowings on 30 September 2026 (consolidated balance sheet), and it held ₹933 crore of cash, bank balances and current investments.

What is the Garware Hi-Tech Films dividend in 2026 and its record date?

In 2026, Garware Hi-Tech Films has declared one dividend: ₹12 with record date 16 September 2026.

What is the Garware Hi-Tech Films debt to equity ratio?

Garware Hi-Tech Films' debt-to-equity ratio was 0.00 on 30 September 2026: no borrowings against total equity of ₹2,907 crore. A year earlier, on 30 September 2025, it was 0.00.

What is the Garware Hi-Tech Films EPS?

Garware Hi-Tech Films' basic earnings per share (EPS) were ₹145.59 in FY26, against ₹142.57 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹183.40.

What is the Garware Hi-Tech Films promoter holding?

Promoters held 60.72% of Garware Hi-Tech Films on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.

What is the Garware Hi-Tech Films shareholding pattern?

On 30 September 2026, Garware Hi-Tech Films' shares were held by promoters 60.72%, foreign portfolio investors (FII/FPI) 4.60%, domestic institutions (DII) 7.27% (including mutual funds at 4.63%) and retail and other non-institutional investors 27.41%. Over the year, FII holding was up 1.02 percentage points from 3.58% and DII holding was up 2.31 percentage points from 4.96%.

What is the Garware Hi-Tech Films free cash flow?

In FY26, Garware Hi-Tech Films generated ₹275 crore of cash from operations and spent ₹161 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹114 crore. In FY25 it was ₹271 crore.

How does the Garware Hi-Tech Films PE ratio compare with its peers?

At the 30 October 2026 closing prices, on FY26 net profit, Garware Hi-Tech Films' PE ratio is 47.9, the second highest of the four: Greaves Cotton 43.4, GMM Pfaudler 94.5 and Finolex Industries 14.2, a peer average of 50.7. Each is the company's market capitalisation at that price divided by its FY26 net profit.

What are the Garware Hi-Tech Films latest quarterly results?

Garware Hi-Tech Films' latest results are for Q2 FY27 (July–September 2026), filed on 22 October 2026: consolidated net profit ₹129 crore, up 41.9% from ₹91.2 crore in Q2 FY26; revenue from operations ₹696 crore, up 22.1% year on year.

What is the Garware Hi-Tech Films revenue and profit in FY26?

In FY26 (April 2025–March 2026), Garware Hi-Tech Films' consolidated net profit was ₹338 crore, up 2.1% from ₹331 crore in FY25, on revenue from operations of ₹2,120 crore (up 0.5%). Over three years, from FY23, net profit was up 103.6%.

When are the Garware Hi-Tech Films next results?

Garware Hi-Tech Films has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.

How does Garware Hi-Tech Films compare with its peers?

On FY26 consolidated figures, against Greaves Cotton, GMM Pfaudler and Finolex Industries: Garware Hi-Tech Films' operating margin of 18.4% is the highest of the four (Greaves Cotton 3.8%, GMM Pfaudler 7.0%, Finolex Industries 13.9%; peer average 8.2%); its return on equity of 13.5% is the highest of the four (Greaves Cotton 7.6%, GMM Pfaudler 5.2%, Finolex Industries 9.7%; peer average 7.5%); its revenue growth over three years of 13.8% a year is the highest of the four (Greaves Cotton 8.4% a year, GMM Pfaudler 3.5% a year, Finolex Industries −2.2% a year; peer average 3.2% a year).

Garware Hi-Tech Films vs Greaves Cotton: how do they compare?

In FY26, Garware Hi-Tech Films earned net profit of ₹338 crore on revenue of ₹2,120 crore, against ₹107 crore on ₹3,437 crore for Greaves Cotton. Garware Hi-Tech Films' operating margin was 18.4% (Greaves Cotton 3.8%) and its return on equity 13.5% (Greaves Cotton 7.6%). At the 30 October 2026 close, Garware Hi-Tech Films' market capitalisation was ₹16,202 crore against ₹4,645 crore for Greaves Cotton, and its PE ratio on FY26 profit 47.9 against 43.4.

Where do these Garware Hi-Tech Films figures come from?

From Garware Hi-Tech Films' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.