Garware Hi-Tech Films Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
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 12.0 pts more than Nifty Microcap 250 and 13.3 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 audited FY26 results with mixed performance. Consolidated revenue grew 0.5% to ₹2,120 Cr and PAT rose 2.1% to ₹338 Cr with clean audit (unmodified opinion). However, standalone revenue declined 2.4% to ₹1,947.56 Cr and standalone PAT fell 1.2% to ₹334.73 Cr compared to FY25. The company recommended dividend of ₹12 per share (120%) for FY26. The board approved ₹191 Cr capex for a new 1,200 LSF/P.A. Sun Control Film lamination line at Waluj plant, with advanced robotics and automation. The company's Q4 FY26 showed strong momentum with consolidated PAT up 39.1% YoY and EBITDA margin expanding to 26.2%. Board also approved appointment of new Independent Director and re-appointment of Vice-Chairperson Ms. Monika Garware.
The mixed standalone vs consolidated results indicate subsidiary contribution masked standalone revenue decline. The ₹191 Cr capex signals expansion but will require monitoring for return on investment. The clean audit and dividend payout are positive signals for shareholders, while the margin expansion trend in Q4 is encouraging.