Garware Hi-Tech Films Limited
Garware Hi-Tech Films Limited (GRWRHITECH) financial statements and selected valuation metrics from NSE/BSE exchange filings through 30 June 2026.
Industrials›Capital Goods›Industrial Products›Plastic Products - Industrial
garwarehitechfilms.com(opens the company website in a new tab)Key metrics
Price as of 2026-09-03
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Share price
NSE closing price from historical market data.
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Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · NSE preferred when both exchanges report the same period · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 397 Cr | 454 Cr | 447 Cr | 474 Cr | 621 Cr | 466 Cr | 548 Cr | 495 Cr | 570 Cr | 459 Cr | 597 Cr | 633 Cr |
| Operating expenses (approx.) | 332 Cr | 379 Cr | 368 Cr | 356 Cr | 484 Cr | 385 Cr | 443 Cr | 385 Cr | 450 Cr | 388 Cr | 461 Cr | 461 Cr |
| EBITDA | 65 Cr | 75 Cr | 78 Cr | 119 Cr | 137 Cr | 81 Cr | 104 Cr | 110 Cr | 119 Cr | 70 Cr | 135 Cr | 172 Cr |
| OPM % | 16.3% | 16.6% | 17.5% | 25.0% | 22.0% | 17.4% | 19.1% | 22.1% | 21.0% | 15.3% | 22.7% | 27.2% |
| Other income | 9 Cr | 9 Cr | 12 Cr | 11 Cr | 14 Cr | 13 Cr | 17 Cr | 13 Cr | 14 Cr | 16 Cr | 21 Cr | 20 Cr |
| Interest | 4 Cr | 2 Cr | 2 Cr | 2 Cr | 2 Cr | 2 Cr | 2 Cr | 2 Cr | 2 Cr | 2 Cr | 2 Cr | 2 Cr |
| Depreciation | 10 Cr | 10 Cr | 10 Cr | 10 Cr | 10 Cr | 10 Cr | 10 Cr | 11 Cr | 11 Cr | 12 Cr | 12 Cr | 13 Cr |
| Profit before tax | 61 Cr | 73 Cr | 78 Cr | 118 Cr | 138 Cr | 81 Cr | 109 Cr | 110 Cr | 120 Cr | 73 Cr | 142 Cr | 176 Cr |
| Tax % | 24.3% | 23.4% | 26.0% | 24.8% | 24.5% | 24.9% | 28.5% | 24.8% | 24.2% | 23.7% | 24.0% | 24.8% |
| Net profit | 46 Cr | 56 Cr | 58 Cr | 88 Cr | 104 Cr | 61 Cr | 78 Cr | 83 Cr | 91 Cr | 56 Cr | 108 Cr | 133 Cr |
| EPS (₹) | ₹19.76 | ₹24.05 | ₹24.88 | ₹38.03 | ₹44.88 | ₹26.17 | ₹33.49 | ₹35.73 | ₹39.27 | ₹24.01 | ₹46.58 | ₹57.10 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022BSE balance sheet (this exchange's own filing had none for this period) | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 948 Cr | 925 Cr | 989 Cr | 1,303 Cr | 1,438 Cr | 1,677 Cr | 2,109 Cr | 2,120 Cr | Sign in for TTM |
| Operating expenses (approx.) | 804 Cr | 763 Cr | 771 Cr | 1,065 Cr | 1,211 Cr | 1,395 Cr | 1,668 Cr | 1,685 Cr | Sign in for TTM |
| EBITDA | 144 Cr | 162 Cr | 218 Cr | 238 Cr | 227 Cr | 282 Cr | 441 Cr | 435 Cr | Sign in for TTM |
| OPM % | 15.2% | 17.5% | 22.0% | 18.3% | 15.8% | 16.8% | 20.9% | 20.5% | Sign in for TTM |
| Other income | 9 Cr | 12 Cr | 16 Cr | 39 Cr | 42 Cr | 39 Cr | 54 Cr | 65 Cr | Sign in for TTM |
| Interest | 19 Cr | 18 Cr | 20 Cr | 18 Cr | 17 Cr | 12 Cr | 9 Cr | 8 Cr | Sign in for TTM |
| Depreciation | 14 Cr | 20 Cr | 24 Cr | 28 Cr | 32 Cr | 39 Cr | 41 Cr | 45 Cr | Sign in for TTM |
| Profit before tax | 120 Cr | 135 Cr | 190 Cr | 231 Cr | 220 Cr | 270 Cr | 445 Cr | 446 Cr | Sign in for TTM |
| Tax % | 31.9% | 36.1% | 33.7% | 27.6% | 24.5% | 24.8% | 25.6% | 24.2% | Sign in for TTM |
| Net profit | 82 Cr | 86 Cr | 126 Cr | 167 Cr | 166 Cr | 203 Cr | 331 Cr | 338 Cr | Sign in for TTM |
| EPS (₹) | ₹35.14 | ₹37.03 | ₹54.21 | ₹71.96 | ₹71.51 | ₹87.50 | ₹142.57 | ₹145.59 | Sign in for TTM |
| Dividend payout % | — | — | — | 13.9% | 14.0% | 11.4% | 7.0% | 8.2% | Sign in for TTM |
Trailing twelve months totals and margin rows
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022BSE balance sheet (this exchange's own filing had none for this period) | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 23 Cr | 23 Cr | 23 Cr | 23 Cr | 23 Cr | 23 Cr | 23 Cr | 23 Cr |
| Reserves | 1,349 Cr | 1,380 Cr | 1,540 Cr | 1,688 Cr | 1,833 Cr | 2,022 Cr | 2,349 Cr | 2,633 Cr |
| Borrowings | 117 Cr | 121 Cr | 97 Cr | 182 Cr | 141 Cr | — | — | — |
| Other liabilities | 157 Cr | 154 Cr | 208 Cr | 240 Cr | 218 Cr | 279 Cr | 310 Cr | 355 Cr |
| Total liabilities | 1,646 Cr | 1,679 Cr | 1,868 Cr | 2,133 Cr | 2,214 Cr | 2,324 Cr | 2,682 Cr | 3,011 Cr |
| Fixed assets (net) | 1,237 Cr | 1,278 Cr | 1,327 Cr | 1,339 Cr | 1,466 Cr | 1,449 Cr | 1,442 Cr | 1,575 Cr |
| CWIP | 11 Cr | 19 Cr | 11 Cr | 96 Cr | 10 Cr | 2 Cr | 38 Cr | 26 Cr |
| Investments | 120 Cr | 116 Cr | 226 Cr | 274 Cr | 393 Cr | 363 Cr | 643 Cr | 698 Cr |
| Loans & advances | 0.26 Cr | 0.20 Cr | 0.52 Cr | 0.13 Cr | 0.34 Cr | 0.33 Cr | 0.47 Cr | 0.07 Cr |
| Inventories | 85 Cr | 105 Cr | 124 Cr | 210 Cr | 199 Cr | 290 Cr | 309 Cr | 389 Cr |
| Trade receivables | 56 Cr | 52 Cr | 42 Cr | 33 Cr | 30 Cr | 38 Cr | 42 Cr | 53 Cr |
| Cash & bank | 34 Cr | 25 Cr | 63 Cr | 99 Cr | 60 Cr | 108 Cr | 111 Cr | 127 Cr |
| Other assets | 103 Cr | 84 Cr | 75 Cr | 81 Cr | 56 Cr | 73 Cr | 97 Cr | 144 Cr |
| Total assets | 1,646 Cr | 1,679 Cr | 1,868 Cr | 2,133 Cr | 2,214 Cr | 2,324 Cr | 2,682 Cr | 3,011 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022BSE balance sheet (this exchange's own filing had none for this period) | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | — | — | — | 172 Cr | 218 Cr | 172 Cr | 330 Cr | 275 Cr |
| Cash from investing | — | — | — | -141 Cr | -170 Cr | 47 Cr | -274 Cr | -208 Cr |
| Cash from financing | — | — | — | 6 Cr | -89 Cr | -169 Cr | -52 Cr | -60 Cr |
| Net cash flow | — | — | — | 37 Cr | -39 Cr | 48 Cr | 2 Cr | 16 Cr |
| Free cash flow (OCF − Capex) | — | — | — | 46 Cr | 148 Cr | 155 Cr | 271 Cr | 114 Cr |
Ratios
Ratios as reported or derived per annual period.
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022BSE balance sheet (this exchange's own filing had none for this period) | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| ROCE % | 9.3% | 10.0% | 12.6% | 14.6% | 11.9% | 13.8% | 19.2% | 17.1% |
| ROE % | 0.0% | 0.0% | 8.1% | 9.8% | 9.0% | 9.9% | 14.0% | 12.7% |
| Debtor days | 22 | 21 | 15 | 9 | 8 | 8 | 7 | 9 |
| Inventory days | 70 | 96 | 123 | 128 | 112 | 129 | 115 | 138 |
| Days payable | 68 | 61 | 86 | 67 | 58 | 71 | 55 | 64 |
| Cash conversion cycle | 24 | 56 | 53 | 70 | 61 | 66 | 67 | 83 |
| Debt / equity | 0.09 | 0.09 | 0.06 | 0.11 | 0.08 | — | — | — |
| Current ratio | 1.95 | 2.16 | 2.39 | 2.29 | 2.74 | 3.45 | 4.26 | 4.43 |
| Net debt / EBITDA | 0.58 | 0.59 | 0.16 | 0.00 | 0.36 | -0.38 | -0.25 | -0.29 |
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