Garware Hi-Tech Films Limited has informed the Exchange regarding Outcome of Board Meeting held on May 14, 2025.
GRWRHITECH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.7 pts more than Nifty Microcap 250 and 2.6 pts more than its Plastic Products - Industrial peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Garware Hi-Tech Films reported record consolidated FY25 results with revenue from operations at ₹2,109.4 crores, up 25.8% year-on-year, crossing the ₹2,000 crore milestone for the first time. EBITDA surged 54.3% to ₹495.5 crores with margin expanding from 19.1% to 23.5%, while profit after tax grew 62.9% to ₹331.2 crores (EPS of ₹142.6 vs ₹87.5). Q4 FY25 also delivered strong growth with revenue up 22.7% to ₹547.9 crores and PAT up 34.6% to ₹77.8 crores, driven by Sun Control Films, Paint Protection Films, and Industrial Products divisions. The board recommended a dividend of ₹12 per share (120% on face value of ₹10), subject to shareholder approval. Statutory auditors issued an unmodified opinion on the financial results, and M/s J.H. Mehta & Co. was appointed as new Joint Statutory Auditor replacing M/s Kirtane Pandit & Co. for a three-year term.
Strong all-round performance with double-digit revenue growth, significant margin expansion, and record profits reflects robust demand and improved product mix. The higher dividend signals management's confidence in cash generation, while the auditor change is a routine rotation. Positive for shareholder sentiment and likely supportive of the stock price.