GARWARE HI-TECH FILMS LTD
Latest filings
- Q2 FY27 revenue hits INR696 cr; margin guidance raised · Investor Communications
- Earnings call audio recording shared for September 2026 quarter · Investor Communications
- Newspaper publication of September 2026 quarter and half-year unaudited results · Compliance
Snapshot
What the business is, and whether it's a good one at a fair price.
Makes specialty plastic films used across automotive, architectural and consumer applications. Revenue is split across three lines: sun control films for windows (~50% of revenue), paint protection film or PPF for vehicles (~25%), and industrial products labelled IPDs (~25%). Sun control films are sold through distributors and directly via the Garware Home Solutions studio network (6 studios operational, targeting 50 by FY27) and 250+ Garware Application Studios; PPF is sold to automotive OEMs (4 domestic OEM partnerships signed) and via distributors. A Dubai free-zone subsidiary was incorporated in April 2026 to serve the MENA region, where current revenue is around $15 million against an FY27 target of $20-22 million. Operating costs are dominated by raw materials at 48.5% of revenue, with employee costs at 9.2% and other opex at 25.2%. Capacity is being expanded: an INR 191 crore new sun control film line is to commission by June 2027 adding ~30% capacity, and a TPU line for PPF backward integration is to commission by October 2026.
Scorecard
Measured from the filed financials, judged against its Plastic Products - Industrial peers · as of FY26 — not investment advice
Strengths
Concerns
Nothing flagged in the filed numbers.Charts
How has the market priced it — with filings on the timeline?
GRWRHITECH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Peers
How does it stack up on valuation, returns and growth?
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Financials
Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.
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Ownership
Who owns it — and is the promoter stake clean?
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Common questions
Answered from GARWARE HI-TECH FILMS LTD's filed financials and exchange disclosures
What does GARWARE HI-TECH FILMS LTD do?
GARWARE HI-TECH FILMS LTD is a Industrial Products company listed on NSE and BSE, trading under the symbol GRWRHITECH.
Is GARWARE HI-TECH FILMS LTD profitable?
Yes. Over the trailing twelve months GARWARE HI-TECH FILMS LTD reported a net profit of ₹388 Cr on revenue of ₹2,258 Cr.
Does GARWARE HI-TECH FILMS LTD pay a dividend?
Yes. The dividend yield is 0.17% at the current price. It paid out 8% of its profit as dividend in FY26.
Is GARWARE HI-TECH FILMS LTD debt-free?
Yes. It reported no borrowings on its 31 Mar 2026 balance sheet, and ₹127 Cr of cash.
Is GARWARE HI-TECH FILMS LTD expensive compared with its peers?
On trailing P/E, GARWARE HI-TECH FILMS LTD ranks 41 of 46 in Plastic Products - Industrial — cheaper than 11% of them, against an industry median of 14.2×. This is a position, not a valuation judgement.
How much does the GARWARE HI-TECH FILMS LTD share price move in a day?
On a typical session GARWARE HI-TECH FILMS LTD moves 1.69% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.
Where can I track GARWARE HI-TECH FILMS LTD's announcements?
Every NSE and BSE filing by GARWARE HI-TECH FILMS LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.
Figures are as last reported and may lag the latest filing. Not investment advice.