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Last Updated on: 23 December, 2025
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 500655 | NSE: GRWRHITECH

Garware Hi Tech Films Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: December 31, 2025, 9:47 pm

Market Cap 7,235 Cr.
Current Price 3,110
High / Low 5,257/2,317
Stock P/E23.1
Book Value 1,079
Dividend Yield0.39 %
ROCE20.6 %
ROE15.0 %
Face Value 10.0
PEG Ratio1.73

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Garware Hi Tech Films Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Hindustan Tin Works Ltd 121 Cr. 116 225/10711.0 2100.69 %7.95 %5.88 % 10.0
Gujarat Containers Ltd 91.3 Cr. 162 188/15713.3 94.40.93 %18.4 %17.4 % 10.0
Goblin India Ltd 15.0 Cr. 10.9 34.5/10.320.3 32.80.00 %7.73 %4.63 % 10.0
G K P Printing & Packaging Ltd 15.3 Cr. 6.97 10.4/4.8518.7 10.40.00 %4.87 %3.87 % 10.0
Garware Hi Tech Films Ltd 7,235 Cr. 3,110 5,257/2,31723.1 1,0790.39 %20.6 %15.0 % 10.0
Industry Average1,903.87 Cr316.4147.57189.190.33%12.76%24.70%7.38

All Competitor Stocks of Garware Hi Tech Films Ltd

Quarterly Result

MetricSep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Sales 395324349380397454447474621466548495570
Expenses 328279296316332379368356484385443385450
Operating Profit 6745536465757811913781104110119
OPM % 17%14%15%17%16%17%18%25%22%17%19%22%21%
Other Income 971799912111412171314
Interest 4454422222222
Depreciation 881010101010101010101111
Profit before tax 6440565961737811813881109110120
Tax % 25%25%23%25%24%23%26%25%25%25%29%25%24%
Net Profit 483043444656588810461788391
EPS in Rs 20.7213.0918.5418.8119.7624.0524.8838.0344.8826.1733.4935.7339.27

Last Updated: December 26, 2025, 8:16 pm

Below is a detailed analysis of the quarterly data for Garware Hi Tech Films Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:

  • For Sales, as of Sep 2025, the value is 570.00 Cr.. The value appears strong and on an upward trend. It has increased from 495.00 Cr. (Jun 2025) to 570.00 Cr., marking an increase of 75.00 Cr..
  • For Expenses, as of Sep 2025, the value is 450.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 385.00 Cr. (Jun 2025) to 450.00 Cr., marking an increase of 65.00 Cr..
  • For Operating Profit, as of Sep 2025, the value is 119.00 Cr.. The value appears strong and on an upward trend. It has increased from 110.00 Cr. (Jun 2025) to 119.00 Cr., marking an increase of 9.00 Cr..
  • For OPM %, as of Sep 2025, the value is 21.00%. The value appears to be declining and may need further review. It has decreased from 22.00% (Jun 2025) to 21.00%, marking a decrease of 1.00%.
  • For Other Income, as of Sep 2025, the value is 14.00 Cr.. The value appears strong and on an upward trend. It has increased from 13.00 Cr. (Jun 2025) to 14.00 Cr., marking an increase of 1.00 Cr..
  • For Interest, as of Sep 2025, the value is 2.00 Cr.. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 2.00 Cr..
  • For Depreciation, as of Sep 2025, the value is 11.00 Cr.. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 11.00 Cr..
  • For Profit before tax, as of Sep 2025, the value is 120.00 Cr.. The value appears strong and on an upward trend. It has increased from 110.00 Cr. (Jun 2025) to 120.00 Cr., marking an increase of 10.00 Cr..
  • For Tax %, as of Sep 2025, the value is 24.00%. The value appears to be improving (decreasing) as expected. It has decreased from 25.00% (Jun 2025) to 24.00%, marking a decrease of 1.00%.
  • For Net Profit, as of Sep 2025, the value is 91.00 Cr.. The value appears strong and on an upward trend. It has increased from 83.00 Cr. (Jun 2025) to 91.00 Cr., marking an increase of 8.00 Cr..
  • For EPS in Rs, as of Sep 2025, the value is 39.27. The value appears strong and on an upward trend. It has increased from 35.73 (Jun 2025) to 39.27, marking an increase of 3.54.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: December 15, 2025, 3:41 am

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 8438968578748339489259891,3031,4381,6772,1092,079
Expenses 7748367768017508047637701,0651,2111,3951,6681,664
Operating Profit 6960817383144162219238227282441415
OPM % 8%7%9%8%10%15%17%22%18%16%17%21%20%
Other Income 1627685912153942395457
Interest 374444332519182018171299
Depreciation 34151714141420242832394142
Profit before tax 1427273450120135190231220270445421
Tax % 26%35%38%33%34%32%36%34%28%24%25%26%
Net Profit 10181622338286126167166203331313
EPS in Rs 4.417.647.089.6614.2635.1437.0354.2171.9671.5187.50142.57134.66
Dividend Payout % 0%0%0%10%14%28%27%18%14%14%11%8%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)80.00%-11.11%37.50%50.00%148.48%4.88%46.51%32.54%-0.60%22.29%63.05%
Change in YoY Net Profit Growth (%)0.00%-91.11%48.61%12.50%98.48%-143.61%41.63%-13.97%-33.14%22.89%40.77%

Garware Hi Tech Films Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:9%
5 Years:18%
3 Years:17%
TTM:20%
Compounded Profit Growth
10 Years:35%
5 Years:31%
3 Years:29%
TTM:31%
Stock Price CAGR
10 Years:39%
5 Years:63%
3 Years:52%
1 Year:-18%
Return on Equity
10 Years:8%
5 Years:11%
3 Years:12%
Last Year:15%

Last Updated: September 5, 2025, 3:31 pm

Balance Sheet

Last Updated: December 4, 2025, 2:56 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 23232323232323232323232323
Reserves 5305455621,2311,2691,3491,3801,5401,6881,8332,0222,3492,483
Borrowings 4403683153121711491471381821410018
Other Liabilities 9610511987107125128167240218279310307
Total Liabilities 1,0891,0421,0201,6531,5701,6461,6791,8682,1332,2142,3242,6822,832
Fixed Assets 5626496481,2311,2261,2381,2791,3291,3411,4671,4501,4421,529
CWIP 86115810112011961023924
Investments 1112936120116226274393363643685
Other Assets 441381366386298277264302423344508557594
Total Assets 1,0891,0421,0201,6531,5701,6461,6791,8682,1332,2142,3242,6822,832

Below is a detailed analysis of the balance sheet data for Garware Hi Tech Films Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:

  • For Equity Capital, as of Sep 2025, the value is 23.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 23.00 Cr..
  • For Reserves, as of Sep 2025, the value is 2,483.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,349.00 Cr. (Mar 2025) to 2,483.00 Cr., marking an increase of 134.00 Cr..
  • For Borrowings, as of Sep 2025, the value is 18.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 0.00 Cr. (Mar 2025) to 18.00 Cr., marking an increase of 18.00 Cr..
  • For Other Liabilities, as of Sep 2025, the value is 307.00 Cr.. The value appears to be improving (decreasing). It has decreased from 310.00 Cr. (Mar 2025) to 307.00 Cr., marking a decrease of 3.00 Cr..
  • For Total Liabilities, as of Sep 2025, the value is 2,832.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2,682.00 Cr. (Mar 2025) to 2,832.00 Cr., marking an increase of 150.00 Cr..
  • For Fixed Assets, as of Sep 2025, the value is 1,529.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,442.00 Cr. (Mar 2025) to 1,529.00 Cr., marking an increase of 87.00 Cr..
  • For CWIP, as of Sep 2025, the value is 24.00 Cr.. The value appears to be declining and may need further review. It has decreased from 39.00 Cr. (Mar 2025) to 24.00 Cr., marking a decrease of 15.00 Cr..
  • For Investments, as of Sep 2025, the value is 685.00 Cr.. The value appears strong and on an upward trend. It has increased from 643.00 Cr. (Mar 2025) to 685.00 Cr., marking an increase of 42.00 Cr..
  • For Other Assets, as of Sep 2025, the value is 594.00 Cr.. The value appears strong and on an upward trend. It has increased from 557.00 Cr. (Mar 2025) to 594.00 Cr., marking an increase of 37.00 Cr..
  • For Total Assets, as of Sep 2025, the value is 2,832.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,682.00 Cr. (Mar 2025) to 2,832.00 Cr., marking an increase of 150.00 Cr..

Notably, the Reserves (2,483.00 Cr.) exceed the Borrowings (18.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity +22911017713414199199172218172330
Cash from Investing Activity +-78-20-5-12-5-101-44-126-141-16846-275
Cash from Financing Activity +50-107-96-40-172-49-64-366-89-169-52
Net Cash Flow-6-36025-43-8-93837-39482

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-371.00-308.00-234.00-239.00-88.00-5.0015.0081.0056.0086.00282.00441.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days25201726172221169887
Inventory Days10793111908270100128145109132116
Days Payable303036395468628976577355
Cash Conversion Cycle1028291774424585479606768
Working Capital Days-51-58-58-65175179873628
ROCE %5%7%8%5%5%9%10%13%13%12%14%21%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters60.73%60.73%60.73%60.73%60.73%60.73%60.73%60.73%60.73%60.73%60.73%60.73%
FIIs0.08%0.18%0.12%0.14%0.12%0.31%0.52%1.56%2.69%3.50%3.86%3.58%
DIIs2.39%2.19%2.35%3.49%3.77%4.21%4.76%4.48%4.33%4.75%4.89%4.96%
Public36.80%36.91%36.81%35.65%35.38%34.75%34.00%33.25%32.27%31.03%30.53%30.74%
No. of Shareholders31,92432,02231,58030,41038,09239,31642,19150,96355,51857,36454,33557,619

Shareholding Pattern Chart

No. of Shareholders

Garware Hi Tech Films Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
JM Flexicap Fund 207,812 1.36 81.66197,8122025-12-14 03:26:005.06%
LIC MF Large & Mid Cap Fund 187,439 2.34 73.65193,0872025-12-14 08:30:11-2.93%
LIC MF Multi Cap Fund 122,790 2.65 48.25115,2342025-05-26 05:52:366.56%
LIC MF Infrastructure Fund 94,287 3.63 37.0574,5912025-05-26 05:52:3626.41%
Bandhan Small Cap Fund 54,125 0.12 21.2764,0222025-12-15 06:52:35-15.46%
JM Midcap Fund 51,267 1.37 20.1550,6172025-10-30 04:05:531.28%
LIC MF Dividend Yield Fund 46,363 2.61 18.2240,4782025-10-30 04:05:5314.54%
LIC MF Small Cap Fund 29,003 1.84 11.425,3332025-12-14 14:35:0614.49%
LIC MF Balanced Advantage Fund 28,911 1.5 11.3631,2272025-12-14 14:35:06-7.42%
ITI Balanced Advantage Fund 26,020 2.56 10.22N/AN/AN/A

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 142.5787.5071.5171.9654.21
Diluted EPS (Rs.) 142.5787.5071.5171.9654.21
Cash EPS (Rs.) 160.33104.3085.4684.0964.53
Book Value[Excl.RevalReserv]/Share (Rs.) 1021.00880.15798.81736.42673.01
Book Value[Incl.RevalReserv]/Share (Rs.) 1021.00880.15798.81736.42673.01
Revenue From Operations / Share (Rs.) 908.03721.84618.97560.70425.71
PBDIT / Share (Rs.) 213.30138.19115.94119.44100.57
PBIT / Share (Rs.) 195.55121.40101.99107.3190.25
PBT / Share (Rs.) 191.77116.3394.6799.4681.82
Net Profit / Share (Rs.) 142.5887.5071.5171.9654.21
NP After MI And SOA / Share (Rs.) 142.5887.5071.5171.9654.21
PBDIT Margin (%) 23.4919.1418.7321.3023.62
PBIT Margin (%) 21.5316.8116.4719.1321.20
PBT Margin (%) 21.1116.1115.2917.7319.21
Net Profit Margin (%) 15.7012.1211.5512.8312.73
NP After MI And SOA Margin (%) 15.7012.1211.5512.8312.73
Return on Networth / Equity (%) 13.969.948.959.778.05
Return on Capital Employeed (%) 18.6513.4111.9813.3112.42
Return On Assets (%) 12.348.747.507.836.74
Long Term Debt / Equity (X) 0.000.000.040.060.06
Total Debt / Equity (X) 0.000.000.070.100.06
Asset Turnover Ratio (%) 0.840.730.600.630.54
Current Ratio (X) 4.283.492.742.292.40
Quick Ratio (X) 3.032.181.901.481.71
Inventory Turnover Ratio (X) 7.043.363.284.153.51
Dividend Payout Ratio (NP) (%) 7.0111.4213.9813.890.00
Dividend Payout Ratio (CP) (%) 6.239.5811.7011.890.00
Earning Retention Ratio (%) 92.9988.5886.0286.110.00
Cash Earning Retention Ratio (%) 93.7790.4288.3088.110.00
Interest Coverage Ratio (X) 56.4327.2515.8515.2111.93
Interest Coverage Ratio (Post Tax) (X) 38.7218.2610.7810.167.43
Enterprise Value (Cr.) 9024.013944.521285.741693.991651.93
EV / Net Operating Revenue (X) 4.282.350.891.301.67
EV / EBITDA (X) 18.2112.294.776.107.07
MarketCap / Net Operating Revenue (X) 4.342.420.841.241.64
Retention Ratios (%) 92.9888.5786.0186.100.00
Price / BV (X) 3.861.980.650.941.04
Price / Net Operating Revenue (X) 4.342.420.841.241.64
EarningsYield 0.030.050.130.100.07

After reviewing the key financial ratios for Garware Hi Tech Films Ltd, here is a detailed analysis based on the latest available data and recent trends:

  • For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
  • For Basic EPS (Rs.), as of Mar 25, the value is 142.57. This value is within the healthy range. It has increased from 87.50 (Mar 24) to 142.57, marking an increase of 55.07.
  • For Diluted EPS (Rs.), as of Mar 25, the value is 142.57. This value is within the healthy range. It has increased from 87.50 (Mar 24) to 142.57, marking an increase of 55.07.
  • For Cash EPS (Rs.), as of Mar 25, the value is 160.33. This value is within the healthy range. It has increased from 104.30 (Mar 24) to 160.33, marking an increase of 56.03.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 1,021.00. It has increased from 880.15 (Mar 24) to 1,021.00, marking an increase of 140.85.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 1,021.00. It has increased from 880.15 (Mar 24) to 1,021.00, marking an increase of 140.85.
  • For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 908.03. It has increased from 721.84 (Mar 24) to 908.03, marking an increase of 186.19.
  • For PBDIT / Share (Rs.), as of Mar 25, the value is 213.30. This value is within the healthy range. It has increased from 138.19 (Mar 24) to 213.30, marking an increase of 75.11.
  • For PBIT / Share (Rs.), as of Mar 25, the value is 195.55. This value is within the healthy range. It has increased from 121.40 (Mar 24) to 195.55, marking an increase of 74.15.
  • For PBT / Share (Rs.), as of Mar 25, the value is 191.77. This value is within the healthy range. It has increased from 116.33 (Mar 24) to 191.77, marking an increase of 75.44.
  • For Net Profit / Share (Rs.), as of Mar 25, the value is 142.58. This value is within the healthy range. It has increased from 87.50 (Mar 24) to 142.58, marking an increase of 55.08.
  • For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 142.58. This value is within the healthy range. It has increased from 87.50 (Mar 24) to 142.58, marking an increase of 55.08.
  • For PBDIT Margin (%), as of Mar 25, the value is 23.49. This value is within the healthy range. It has increased from 19.14 (Mar 24) to 23.49, marking an increase of 4.35.
  • For PBIT Margin (%), as of Mar 25, the value is 21.53. This value exceeds the healthy maximum of 20. It has increased from 16.81 (Mar 24) to 21.53, marking an increase of 4.72.
  • For PBT Margin (%), as of Mar 25, the value is 21.11. This value is within the healthy range. It has increased from 16.11 (Mar 24) to 21.11, marking an increase of 5.00.
  • For Net Profit Margin (%), as of Mar 25, the value is 15.70. This value exceeds the healthy maximum of 10. It has increased from 12.12 (Mar 24) to 15.70, marking an increase of 3.58.
  • For NP After MI And SOA Margin (%), as of Mar 25, the value is 15.70. This value is within the healthy range. It has increased from 12.12 (Mar 24) to 15.70, marking an increase of 3.58.
  • For Return on Networth / Equity (%), as of Mar 25, the value is 13.96. This value is below the healthy minimum of 15. It has increased from 9.94 (Mar 24) to 13.96, marking an increase of 4.02.
  • For Return on Capital Employeed (%), as of Mar 25, the value is 18.65. This value is within the healthy range. It has increased from 13.41 (Mar 24) to 18.65, marking an increase of 5.24.
  • For Return On Assets (%), as of Mar 25, the value is 12.34. This value is within the healthy range. It has increased from 8.74 (Mar 24) to 12.34, marking an increase of 3.60.
  • For Long Term Debt / Equity (X), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 24) which recorded 0.00.
  • For Total Debt / Equity (X), as of Mar 25, the value is 0.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 0.00.
  • For Asset Turnover Ratio (%), as of Mar 25, the value is 0.84. It has increased from 0.73 (Mar 24) to 0.84, marking an increase of 0.11.
  • For Current Ratio (X), as of Mar 25, the value is 4.28. This value exceeds the healthy maximum of 3. It has increased from 3.49 (Mar 24) to 4.28, marking an increase of 0.79.
  • For Quick Ratio (X), as of Mar 25, the value is 3.03. This value exceeds the healthy maximum of 2. It has increased from 2.18 (Mar 24) to 3.03, marking an increase of 0.85.
  • For Inventory Turnover Ratio (X), as of Mar 25, the value is 7.04. This value is within the healthy range. It has increased from 3.36 (Mar 24) to 7.04, marking an increase of 3.68.
  • For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 7.01. This value is below the healthy minimum of 20. It has decreased from 11.42 (Mar 24) to 7.01, marking a decrease of 4.41.
  • For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 6.23. This value is below the healthy minimum of 20. It has decreased from 9.58 (Mar 24) to 6.23, marking a decrease of 3.35.
  • For Earning Retention Ratio (%), as of Mar 25, the value is 92.99. This value exceeds the healthy maximum of 70. It has increased from 88.58 (Mar 24) to 92.99, marking an increase of 4.41.
  • For Cash Earning Retention Ratio (%), as of Mar 25, the value is 93.77. This value exceeds the healthy maximum of 70. It has increased from 90.42 (Mar 24) to 93.77, marking an increase of 3.35.
  • For Interest Coverage Ratio (X), as of Mar 25, the value is 56.43. This value is within the healthy range. It has increased from 27.25 (Mar 24) to 56.43, marking an increase of 29.18.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 38.72. This value is within the healthy range. It has increased from 18.26 (Mar 24) to 38.72, marking an increase of 20.46.
  • For Enterprise Value (Cr.), as of Mar 25, the value is 9,024.01. It has increased from 3,944.52 (Mar 24) to 9,024.01, marking an increase of 5,079.49.
  • For EV / Net Operating Revenue (X), as of Mar 25, the value is 4.28. This value exceeds the healthy maximum of 3. It has increased from 2.35 (Mar 24) to 4.28, marking an increase of 1.93.
  • For EV / EBITDA (X), as of Mar 25, the value is 18.21. This value exceeds the healthy maximum of 15. It has increased from 12.29 (Mar 24) to 18.21, marking an increase of 5.92.
  • For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 4.34. This value exceeds the healthy maximum of 3. It has increased from 2.42 (Mar 24) to 4.34, marking an increase of 1.92.
  • For Retention Ratios (%), as of Mar 25, the value is 92.98. This value exceeds the healthy maximum of 70. It has increased from 88.57 (Mar 24) to 92.98, marking an increase of 4.41.
  • For Price / BV (X), as of Mar 25, the value is 3.86. This value exceeds the healthy maximum of 3. It has increased from 1.98 (Mar 24) to 3.86, marking an increase of 1.88.
  • For Price / Net Operating Revenue (X), as of Mar 25, the value is 4.34. This value exceeds the healthy maximum of 3. It has increased from 2.42 (Mar 24) to 4.34, marking an increase of 1.92.
  • For EarningsYield, as of Mar 25, the value is 0.03. This value is below the healthy minimum of 5. It has decreased from 0.05 (Mar 24) to 0.03, marking a decrease of 0.02.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Garware Hi Tech Films Ltd as of December 31, 2025 is: ₹3,002.65

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 31, 2025, Garware Hi Tech Films Ltd is Overvalued by 3.45% compared to the current share price ₹3,110.00

Default values used*: Default value of 15% for ROE is used

Intrinsic Value of Garware Hi Tech Films Ltd as of December 31, 2025 is: ₹3,403.57

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 31, 2025, Garware Hi Tech Films Ltd is Undervalued by 9.44% compared to the current share price ₹3,110.00

Default values used*: Default value of 15% for ROE is used

Last 5 Year EPS CAGR: 13.35%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a low average Working Capital Days of -8.75, which is a positive sign.
  2. The company has higher reserves (1,444.69 cr) compared to borrowings (183.15 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (551.69 cr) and profit (168.00 cr) over the years.
  1. The stock has a low average ROCE of 10.17%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 67.17, which may not be favorable.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Garware Hi Tech Films Ltd:
    1. Net Profit Margin: 15.7%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 18.65% (Industry Average ROCE: 12.76%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 13.96% (Industry Average ROE: 24.7%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 38.72
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 3.03
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 23.1 (Industry average Stock P/E: 47.57)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Garware Hi-Tech Films Ltd. is a Public Limited Listed company incorporated on 06/06/1957 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L10889MH1957PLC010889 and registration number is 010889. Currently Company is involved in the business activities of Manufacture of semi-finished of plastic products (plastic plates, sheets, blocks, film, foil, strip etc.). Company's Total Operating Revenue is Rs. 1995.45 Cr. and Equity Capital is Rs. 23.23 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Packaging & ContainersNaigaon, Aurangabad Maharashtra 431133Contact not found
Management
NamePosition Held
Dr. S B GarwareChairman & Managing Director
Ms. Monika GarwareVice Chairperson & Jt.Managing Director
Mrs. Sarita Garware RamsayJoint Managing Director
Mr. Mohan S AdsulWhole Time Director
Ms. Sonia GarwareNon Exe.Non Ind.Director
Ms. Devanshi H NanavatiIndependent Director
Mr. Vivekanand Heroor KamathIndependent Director
Mr. Chirag DoshiIndependent Director
Mr. Deepak N ChawlaIndependent Director
Mr. Manoj K SonawalaIndependent Director
Dr. Nayan J RawalIndependent Director

FAQ

What is the intrinsic value of Garware Hi Tech Films Ltd?

Garware Hi Tech Films Ltd's intrinsic value (as of 31 December 2025) is ₹3002.65 which is 3.45% lower the current market price of ₹3,110.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹7,235 Cr. market cap, FY2025-2026 high/low of ₹5,257/2,317, reserves of ₹2,483 Cr, and liabilities of ₹2,832 Cr.

What is the Market Cap of Garware Hi Tech Films Ltd?

The Market Cap of Garware Hi Tech Films Ltd is 7,235 Cr..

What is the current Stock Price of Garware Hi Tech Films Ltd as on 31 December 2025?

The current stock price of Garware Hi Tech Films Ltd as on 31 December 2025 is ₹3,110.

What is the High / Low of Garware Hi Tech Films Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Garware Hi Tech Films Ltd stocks is ₹5,257/2,317.

What is the Stock P/E of Garware Hi Tech Films Ltd?

The Stock P/E of Garware Hi Tech Films Ltd is 23.1.

What is the Book Value of Garware Hi Tech Films Ltd?

The Book Value of Garware Hi Tech Films Ltd is 1,079.

What is the Dividend Yield of Garware Hi Tech Films Ltd?

The Dividend Yield of Garware Hi Tech Films Ltd is 0.39 %.

What is the ROCE of Garware Hi Tech Films Ltd?

The ROCE of Garware Hi Tech Films Ltd is 20.6 %.

What is the ROE of Garware Hi Tech Films Ltd?

The ROE of Garware Hi Tech Films Ltd is 15.0 %.

What is the Face Value of Garware Hi Tech Films Ltd?

The Face Value of Garware Hi Tech Films Ltd is 10.0.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Garware Hi Tech Films Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE