Garware Hi-Tech Films Q2 FY26 Results: Revenue declines 8.2 percent YoY

Revenue declinedEBITDA margin compressionResults View source PDF Explain this filing

GRWRHITECH · price

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Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.1%+2.7% vs market

Plastic Products - Industrial peers, median of 40sector-0.6%+3.2% vs sector

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AI summary

Garware Hi-Tech Films reported Q2 FY26 consolidated revenue of Rs 569.7 crore, down 8.2 percent YoY but up 15.1 percent sequentially. EBITDA fell 11.4 percent YoY to Rs 133.3 crore with margin at 23.4 percent vs 24.2 percent. PAT declined 12.5 percent YoY to Rs 91.2 crore. H1 FY26 revenue at Rs 1,064.7 crore (down 2.8 percent YoY), PAT at Rs 174.3 crore (down 9.5 percent YoY). Company cited tariff impact and high base effect. New PPF line capacity doubled.

Likely market impact

Results miss on YoY comparison due to high base and tariff headwinds, though sequential recovery and new PPF capacity expansion signal future growth.