Garware Hi-Tech Films Limited has submitted to the Exchange, the outcome of the Board Meeting alongwith unaudited financial results for the period ended Jun 30, 2025.
GRWRHITECH · price
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Garware Hi-Tech Films announced its Q1 FY26 (quarter ended June 30, 2025) results. Consolidated revenue from operations rose 4.3% year-on-year to ₹495.0 crore, but EBITDA fell 5.4% to ₹123.0 crore, with margins contracting to 24.8% from 27.4%. Profit after tax declined 6% to ₹83.0 crore, and EPS dropped to ₹35.73 from ₹38.03. On the standalone basis, PAT fell sharply to ₹74.6 crore from ₹104.0 crore a year ago. The board also approved opening a new liaisoning office in Dubai, adopted a revised Risk Management Policy, kicked off a Carbon Credit / Green Energy (CDM) project, and proposed altering the MOA to align with these ESG activities. The 68th AGM is set for September 24, 2025, with a record date of September 17, 2025, signaling a likely dividend declaration. Ms. Monika Garware was re-appointed as Vice Chairperson & Joint Managing Director.
Top-line growth is intact but profitability is under pressure, with shrinking EBITDA and PAT margins being the key concern for shareholders in the near term. However, the company remains debt-free with a healthy ₹704 crore cash surplus, and ongoing capacity expansions (new PPF line and TPU facility) plus the Dubai and ESG initiatives support the long-term growth story. The set record date suggests an upcoming dividend, which is a positive for retail investors.