The Board of Directors has recommended Dividend @ Rs. 12/- per share, subject to approval of shareholders at ensuing AGM.
GRWRHITECH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Garware Hi-Tech Films reported record FY26 consolidated revenue of Rs. 2,120 crore (up 0.5% YoY) with PAT of Rs. 338 crore (up 2.1% YoY). The Board recommended a final dividend of Rs. 12 per equity share (120% on face value of Rs. 10) for FY26, subject to shareholder approval at the ensuing AGM. The company also approved a Rs. 191 crore investment for a new Sun Control Film lamination line with 1,200 LSF capacity at its Waluj plant. Q4 FY26 showed strong momentum with 30% YoY growth in revenue and 39% growth in PAT. The Board also approved appointment of Ms. Sonali Rajesh Mehta as Independent Director and re-appointed Ms. Monika Garware as Vice-Chairperson and Joint Managing Director for 5 years.
The dividend of Rs. 12 per share and strong Q4 performance indicate healthy cash flows and shareholder-friendly policies. The Rs. 191 crore capex investment signals expansion in high-margin sun control film segment, which could drive future revenue growth.