Share Price and Basic Stock Data
Last Updated: October 22, 2025, 8:48 am
| PEG Ratio | 1.58 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Garware Hi Tech Films Ltd operates in the Packaging & Containers industry, with its share price standing at ₹2,951 and a market capitalization of ₹6,856 Cr. The company reported a significant increase in sales from ₹1,438 Cr in FY 2023 to ₹2,109 Cr in FY 2025, reflecting a robust annual growth trajectory. This growth is evidenced by quarterly sales figures, where Q4 FY 2025 recorded sales of ₹548 Cr, marking a notable rise from ₹454 Cr in Q3 FY 2025. The operating profit margin (OPM) also improved, reaching 21.53% in FY 2025, compared to 16% in FY 2023. The company’s ability to maintain a consistent increase in revenue, coupled with efficient cost management, showcases its competitive positioning within the sector. However, the fluctuation in quarterly sales, peaking at ₹621 Cr in Q2 FY 2025 and declining to ₹495 Cr in Q1 FY 2026, indicates potential volatility in demand or market conditions impacting the business. Overall, Garware’s revenue trends suggest an upward trajectory, albeit with some variability that warrants close monitoring.
Profitability and Efficiency Metrics
Garware Hi Tech Films has shown commendable profitability metrics, with a reported net profit of ₹331 Cr for FY 2025, a substantial increase from ₹166 Cr in FY 2023. The earnings per share (EPS) also rose significantly to ₹142.57 in FY 2025, up from ₹71.51 in FY 2023, reflecting strong profitability growth. The return on equity (ROE) stood at 15.0%, while the return on capital employed (ROCE) improved to 20.6%. These figures illustrate the company’s effective utilization of equity and capital for generating profits. The interest coverage ratio (ICR) is notably high at 56.43x, indicating the company’s strong ability to meet its interest obligations without financial strain. Furthermore, the cash conversion cycle, recorded at 68 days, highlights efficient management of working capital, although it remains a critical area for optimization. Overall, Garware’s profitability and efficiency metrics present a positive picture, although the company must continue to focus on sustaining these improvements amid potential market challenges.
Balance Sheet Strength and Financial Ratios
Garware Hi Tech Films boasts a robust balance sheet, with total reserves amounting to ₹2,349 Cr and no borrowings reported, reflecting a debt-free status that enhances financial stability. The debt-to-equity ratio stands at 0.00, indicating a conservative capital structure that provides flexibility for future investments or expansion. The current ratio, reported at 4.28, suggests a strong liquidity position, allowing the company to cover short-term liabilities comfortably. Additionally, the price-to-book value (P/BV) ratio of 3.86x indicates that the market values the company significantly higher than its book value, reflecting investor confidence in its growth prospects. However, the enterprise value (EV) to net operating revenue ratio of 4.28x might appear high compared to industry norms, suggesting that the stock could be overvalued or that investors are pricing in high growth expectations. Overall, Garware’s balance sheet is characterized by strong financial health and low leverage, which are critical for sustaining operations and navigating market fluctuations.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Garware Hi Tech Films reveals a strong promoter stake of 60.73%, which has remained stable over recent reporting periods, indicating aligned interests between management and shareholders. Foreign Institutional Investors (FIIs) have gradually increased their stake from 0.12% in September 2022 to 3.86% in June 2025, showcasing growing confidence in the company’s prospects. Domestic Institutional Investors (DIIs) also increased their holdings to 4.89% as of June 2025, while public shareholding has decreased to 30.53%, reflecting a potential shift towards institutional ownership. The total number of shareholders stood at 54,335, demonstrating a steady interest from retail investors. This evolving shareholding structure indicates a positive sentiment towards Garware, particularly from institutional investors, which often signifies confidence in the company’s long-term growth and stability. However, the decline in public shareholding could be a point of concern, as it may reflect reduced retail investor confidence or liquidity in the stock.
Outlook, Risks, and Final Insight
If the company can maintain its profitability and operational efficiencies, the outlook for Garware Hi Tech Films appears promising. Continued growth in revenue, alongside efficient cost management, could further enhance margins and shareholder value. However, potential risks include fluctuations in raw material prices, which could impact profitability, and market volatility that might affect sales. Additionally, the company’s reliance on a stable demand environment in the packaging industry could pose challenges if economic conditions change. If the management successfully navigates these risks while capitalizing on growth opportunities, including expanding into new markets or enhancing product offerings, Garware could solidify its position as a leader in the packaging sector. The combination of a strong balance sheet, improving profitability metrics, and increasing institutional interest provides a solid foundation for future growth, provided the company effectively manages its operational challenges.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Garware Hi Tech Films Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Hindustan Tin Works Ltd | 153 Cr. | 147 | 225/133 | 11.4 | 207 | 0.54 % | 7.95 % | 5.88 % | 10.0 |
| Gujarat Containers Ltd | 101 Cr. | 179 | 191/160 | 13.5 | 90.5 | 0.84 % | 18.4 % | 17.4 % | 10.0 |
| Goblin India Ltd | 19.3 Cr. | 13.9 | 41.9/12.5 | 9.93 | 31.2 | 0.00 % | 7.73 % | 4.63 % | 10.0 |
| G K P Printing & Packaging Ltd | 13.8 Cr. | 6.26 | 8.98/4.85 | 18.1 | 10.2 | 0.00 % | 4.87 % | 3.87 % | 10.0 |
| Garware Hi Tech Films Ltd | 7,347 Cr. | 3,162 | 5,378/2,317 | 22.6 | 1,021 | 0.38 % | 20.6 % | 15.0 % | 10.0 |
| Industry Average | 2,025.23 Cr | 340.12 | 64.70 | 180.49 | 0.30% | 12.76% | 24.70% | 7.38 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 370 | 395 | 324 | 349 | 380 | 397 | 454 | 447 | 474 | 621 | 466 | 548 | 495 |
| Expenses | 308 | 328 | 279 | 296 | 316 | 332 | 379 | 368 | 356 | 484 | 385 | 443 | 385 |
| Operating Profit | 62 | 67 | 45 | 53 | 64 | 65 | 75 | 78 | 119 | 137 | 81 | 104 | 110 |
| OPM % | 17% | 17% | 14% | 15% | 17% | 16% | 17% | 18% | 25% | 22% | 17% | 19% | 22% |
| Other Income | 8 | 9 | 7 | 17 | 9 | 9 | 9 | 12 | 11 | 14 | 12 | 17 | 13 |
| Interest | 4 | 4 | 4 | 5 | 4 | 4 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Depreciation | 7 | 8 | 8 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 11 |
| Profit before tax | 59 | 64 | 40 | 56 | 59 | 61 | 73 | 78 | 118 | 138 | 81 | 109 | 110 |
| Tax % | 25% | 25% | 25% | 23% | 25% | 24% | 23% | 26% | 25% | 25% | 25% | 29% | 25% |
| Net Profit | 45 | 48 | 30 | 43 | 44 | 46 | 56 | 58 | 88 | 104 | 61 | 78 | 83 |
| EPS in Rs | 19.17 | 20.72 | 13.09 | 18.54 | 18.81 | 19.76 | 24.05 | 24.88 | 38.03 | 44.88 | 26.17 | 33.49 | 35.73 |
Last Updated: August 19, 2025, 2:50 pm
Below is a detailed analysis of the quarterly data for Garware Hi Tech Films Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 495.00 Cr.. The value appears to be declining and may need further review. It has decreased from 548.00 Cr. (Mar 2025) to 495.00 Cr., marking a decrease of 53.00 Cr..
- For Expenses, as of Jun 2025, the value is 385.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 443.00 Cr. (Mar 2025) to 385.00 Cr., marking a decrease of 58.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 110.00 Cr.. The value appears strong and on an upward trend. It has increased from 104.00 Cr. (Mar 2025) to 110.00 Cr., marking an increase of 6.00 Cr..
- For OPM %, as of Jun 2025, the value is 22.00%. The value appears strong and on an upward trend. It has increased from 19.00% (Mar 2025) to 22.00%, marking an increase of 3.00%.
- For Other Income, as of Jun 2025, the value is 13.00 Cr.. The value appears to be declining and may need further review. It has decreased from 17.00 Cr. (Mar 2025) to 13.00 Cr., marking a decrease of 4.00 Cr..
- For Interest, as of Jun 2025, the value is 2.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 2.00 Cr..
- For Depreciation, as of Jun 2025, the value is 11.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 10.00 Cr. (Mar 2025) to 11.00 Cr., marking an increase of 1.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 110.00 Cr.. The value appears strong and on an upward trend. It has increased from 109.00 Cr. (Mar 2025) to 110.00 Cr., marking an increase of 1.00 Cr..
- For Tax %, as of Jun 2025, the value is 25.00%. The value appears to be improving (decreasing) as expected. It has decreased from 29.00% (Mar 2025) to 25.00%, marking a decrease of 4.00%.
- For Net Profit, as of Jun 2025, the value is 83.00 Cr.. The value appears strong and on an upward trend. It has increased from 78.00 Cr. (Mar 2025) to 83.00 Cr., marking an increase of 5.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 35.73. The value appears strong and on an upward trend. It has increased from 33.49 (Mar 2025) to 35.73, marking an increase of 2.24.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: August 23, 2025, 1:04 pm
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 843 | 896 | 857 | 874 | 833 | 948 | 925 | 989 | 1,303 | 1,438 | 1,677 | 2,109 | 2,130 |
| Expenses | 774 | 836 | 776 | 801 | 750 | 804 | 763 | 770 | 1,065 | 1,211 | 1,395 | 1,668 | 1,698 |
| Operating Profit | 69 | 60 | 81 | 73 | 83 | 144 | 162 | 219 | 238 | 227 | 282 | 441 | 432 |
| OPM % | 8% | 7% | 9% | 8% | 10% | 15% | 17% | 22% | 18% | 16% | 17% | 21% | 20% |
| Other Income | 16 | 27 | 6 | 8 | 5 | 9 | 12 | 15 | 39 | 42 | 39 | 54 | 56 |
| Interest | 37 | 44 | 44 | 33 | 25 | 19 | 18 | 20 | 18 | 17 | 12 | 9 | 9 |
| Depreciation | 34 | 15 | 17 | 14 | 14 | 14 | 20 | 24 | 28 | 32 | 39 | 41 | 41 |
| Profit before tax | 14 | 27 | 27 | 34 | 50 | 120 | 135 | 190 | 231 | 220 | 270 | 445 | 438 |
| Tax % | 26% | 35% | 38% | 33% | 34% | 32% | 36% | 34% | 28% | 24% | 25% | 26% | |
| Net Profit | 10 | 18 | 16 | 22 | 33 | 82 | 86 | 126 | 167 | 166 | 203 | 331 | 326 |
| EPS in Rs | 4.41 | 7.64 | 7.08 | 9.66 | 14.26 | 35.14 | 37.03 | 54.21 | 71.96 | 71.51 | 87.50 | 142.57 | 140.27 |
| Dividend Payout % | 0% | 0% | 0% | 10% | 14% | 28% | 27% | 18% | 14% | 14% | 11% | 8% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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: September 10, 2025, 3:43 pm
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 |
| Reserves | 530 | 545 | 562 | 1,231 | 1,269 | 1,349 | 1,380 | 1,540 | 1,688 | 1,833 | 2,022 | 2,349 |
| Borrowings | 440 | 368 | 315 | 312 | 171 | 149 | 147 | 138 | 182 | 141 | 0 | 0 |
| Other Liabilities | 96 | 105 | 119 | 87 | 107 | 125 | 128 | 167 | 240 | 218 | 279 | 310 |
| Total Liabilities | 1,089 | 1,042 | 1,020 | 1,653 | 1,570 | 1,646 | 1,679 | 1,868 | 2,133 | 2,214 | 2,324 | 2,682 |
| Fixed Assets | 562 | 649 | 648 | 1,231 | 1,226 | 1,238 | 1,279 | 1,329 | 1,341 | 1,467 | 1,450 | 1,442 |
| CWIP | 86 | 11 | 5 | 8 | 10 | 11 | 20 | 11 | 96 | 10 | 2 | 39 |
| Investments | 1 | 1 | 1 | 29 | 36 | 120 | 116 | 226 | 274 | 393 | 363 | 643 |
| Other Assets | 441 | 381 | 366 | 386 | 298 | 277 | 264 | 302 | 423 | 344 | 508 | 557 |
| Total Assets | 1,089 | 1,042 | 1,020 | 1,653 | 1,570 | 1,646 | 1,679 | 1,868 | 2,133 | 2,214 | 2,324 | 2,682 |
Below is a detailed analysis of the balance sheet data for Garware Hi Tech Films Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 23.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 23.00 Cr..
- For Reserves, as of Mar 2025, the value is 2,349.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,022.00 Cr. (Mar 2024) to 2,349.00 Cr., marking an increase of 327.00 Cr..
- For Borrowings, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 310.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 279.00 Cr. (Mar 2024) to 310.00 Cr., marking an increase of 31.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 2,682.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2,324.00 Cr. (Mar 2024) to 2,682.00 Cr., marking an increase of 358.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 1,442.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,450.00 Cr. (Mar 2024) to 1,442.00 Cr., marking a decrease of 8.00 Cr..
- For CWIP, as of Mar 2025, the value is 39.00 Cr.. The value appears strong and on an upward trend. It has increased from 2.00 Cr. (Mar 2024) to 39.00 Cr., marking an increase of 37.00 Cr..
- For Investments, as of Mar 2025, the value is 643.00 Cr.. The value appears strong and on an upward trend. It has increased from 363.00 Cr. (Mar 2024) to 643.00 Cr., marking an increase of 280.00 Cr..
- For Other Assets, as of Mar 2025, the value is 557.00 Cr.. The value appears strong and on an upward trend. It has increased from 508.00 Cr. (Mar 2024) to 557.00 Cr., marking an increase of 49.00 Cr..
- For Total Assets, as of Mar 2025, the value is 2,682.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,324.00 Cr. (Mar 2024) to 2,682.00 Cr., marking an increase of 358.00 Cr..
Notably, the Reserves (2,349.00 Cr.) exceed the Borrowings (0.00 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.
Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -371.00 | -308.00 | -234.00 | -239.00 | -88.00 | -5.00 | 15.00 | 81.00 | 56.00 | 86.00 | 282.00 | 441.00 |
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.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 25 | 20 | 17 | 26 | 17 | 22 | 21 | 16 | 9 | 8 | 8 | 7 |
| Inventory Days | 107 | 93 | 111 | 90 | 82 | 70 | 100 | 128 | 145 | 109 | 132 | 116 |
| Days Payable | 30 | 30 | 36 | 39 | 54 | 68 | 62 | 89 | 76 | 57 | 73 | 55 |
| Cash Conversion Cycle | 102 | 82 | 91 | 77 | 44 | 24 | 58 | 54 | 79 | 60 | 67 | 68 |
| Working Capital Days | -51 | -58 | -58 | -65 | 17 | 5 | 17 | 9 | 8 | 7 | 36 | 28 |
| ROCE % | 5% | 7% | 8% | 5% | 5% | 9% | 10% | 13% | 13% | 12% | 14% | 21% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| LIC MF Large & Mid Cap Fund | 193,087 | 2.66 | 76.17 | 201,312 | 2025-05-26 05:52:36 | -4.09% |
| JM Flexicap Fund | 139,864 | 1.05 | 55.17 | N/A | N/A | N/A |
| LIC MF Multi Cap Fund | 122,790 | 3.5 | 48.44 | 115,234 | 2025-05-26 05:52:36 | 6.56% |
| LIC MF Infrastructure Fund | 94,287 | 4.26 | 37.19 | 74,591 | 2025-05-26 05:52:36 | 26.41% |
| JM Midcap Fund | 50,617 | 1.58 | 19.97 | N/A | N/A | N/A |
| Bandhan Small Cap Fund | 44,931 | 0.19 | 17.72 | N/A | N/A | N/A |
| LIC MF Dividend Yield Fund | 40,478 | 3.26 | 15.97 | 12,047 | 2025-05-26 02:25:17 | 236% |
| LIC MF Balanced Advantage Fund | 33,178 | 1.73 | 13.09 | 32,969 | 2025-05-26 02:26:59 | 0.63% |
| ITI Balanced Advantage Fund | 26,020 | 2.68 | 10.26 | N/A | N/A | N/A |
| LIC MF ULIS 10 Yrs Regular Premium Reducing cover | 18,058 | 1.52 | 7.12 | N/A | N/A | N/A |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 142.57 | 87.50 | 71.51 | 71.96 | 54.21 |
| Diluted EPS (Rs.) | 142.57 | 87.50 | 71.51 | 71.96 | 54.21 |
| Cash EPS (Rs.) | 160.33 | 104.30 | 85.46 | 84.09 | 64.53 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 1021.00 | 880.15 | 798.81 | 736.42 | 673.01 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 1021.00 | 880.15 | 798.81 | 736.42 | 673.01 |
| Revenue From Operations / Share (Rs.) | 908.03 | 721.84 | 618.97 | 560.70 | 425.71 |
| PBDIT / Share (Rs.) | 213.30 | 138.19 | 115.94 | 119.44 | 100.57 |
| PBIT / Share (Rs.) | 195.55 | 121.40 | 101.99 | 107.31 | 90.25 |
| PBT / Share (Rs.) | 191.77 | 116.33 | 94.67 | 99.46 | 81.82 |
| Net Profit / Share (Rs.) | 142.58 | 87.50 | 71.51 | 71.96 | 54.21 |
| NP After MI And SOA / Share (Rs.) | 142.58 | 87.50 | 71.51 | 71.96 | 54.21 |
| PBDIT Margin (%) | 23.49 | 19.14 | 18.73 | 21.30 | 23.62 |
| PBIT Margin (%) | 21.53 | 16.81 | 16.47 | 19.13 | 21.20 |
| PBT Margin (%) | 21.11 | 16.11 | 15.29 | 17.73 | 19.21 |
| Net Profit Margin (%) | 15.70 | 12.12 | 11.55 | 12.83 | 12.73 |
| NP After MI And SOA Margin (%) | 15.70 | 12.12 | 11.55 | 12.83 | 12.73 |
| Return on Networth / Equity (%) | 13.96 | 9.94 | 8.95 | 9.77 | 8.05 |
| Return on Capital Employeed (%) | 18.65 | 13.41 | 11.98 | 13.31 | 12.42 |
| Return On Assets (%) | 12.34 | 8.74 | 7.50 | 7.83 | 6.74 |
| Long Term Debt / Equity (X) | 0.00 | 0.00 | 0.04 | 0.06 | 0.06 |
| Total Debt / Equity (X) | 0.00 | 0.00 | 0.07 | 0.10 | 0.06 |
| Asset Turnover Ratio (%) | 0.84 | 0.73 | 0.60 | 0.63 | 0.54 |
| Current Ratio (X) | 4.28 | 3.49 | 2.74 | 2.29 | 2.40 |
| Quick Ratio (X) | 3.03 | 2.18 | 1.90 | 1.48 | 1.71 |
| Inventory Turnover Ratio (X) | 7.04 | 3.36 | 3.28 | 4.15 | 3.51 |
| Dividend Payout Ratio (NP) (%) | 7.01 | 11.42 | 13.98 | 13.89 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 6.23 | 9.58 | 11.70 | 11.89 | 0.00 |
| Earning Retention Ratio (%) | 92.99 | 88.58 | 86.02 | 86.11 | 0.00 |
| Cash Earning Retention Ratio (%) | 93.77 | 90.42 | 88.30 | 88.11 | 0.00 |
| Interest Coverage Ratio (X) | 56.43 | 27.25 | 15.85 | 15.21 | 11.93 |
| Interest Coverage Ratio (Post Tax) (X) | 38.72 | 18.26 | 10.78 | 10.16 | 7.43 |
| Enterprise Value (Cr.) | 9024.01 | 3944.52 | 1285.74 | 1693.99 | 1651.93 |
| EV / Net Operating Revenue (X) | 4.28 | 2.35 | 0.89 | 1.30 | 1.67 |
| EV / EBITDA (X) | 18.21 | 12.29 | 4.77 | 6.10 | 7.07 |
| MarketCap / Net Operating Revenue (X) | 4.34 | 2.42 | 0.84 | 1.24 | 1.64 |
| Retention Ratios (%) | 92.98 | 88.57 | 86.01 | 86.10 | 0.00 |
| Price / BV (X) | 3.86 | 1.98 | 0.65 | 0.94 | 1.04 |
| Price / Net Operating Revenue (X) | 4.34 | 2.42 | 0.84 | 1.24 | 1.64 |
| EarningsYield | 0.03 | 0.05 | 0.13 | 0.10 | 0.07 |
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.
Strength and Weakness
| Strength | Weakness |
|---|---|
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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:
- 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.
- ROCE: 18.65% (Industry Average ROCE: 12.15%)
- 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.
- ROE%: 13.96% (Industry Average ROE: 21.17%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- 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.
- 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.
- Stock P/E: 22.6 (Industry average Stock P/E: 49.3)
- 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.
- 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.
Stock Rating: - Net Profit Margin: 15.7%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Packaging & Containers | Naigaon, Aurangabad Maharashtra 431133 | cs@garwarehitech.com http://www.garwarehitechfilms.com |
| Management | |
|---|---|
| Name | Position Held |
| Dr. S B Garware | Chairman & Managing Director |
| Ms. Monika Garware | Vice Chairperson & Jt.Managing Director |
| Mrs. Sarita Garware Ramsay | Joint Managing Director |
| Mr. Mohan S Adsul | Whole Time Director |
| Ms. Sonia Garware | Non Exe.Non Ind.Director |
| Ms. Devanshi H Nanavati | Independent Director |
| Mr. Vivekanand Heroor Kamath | Independent Director |
| Mr. Chirag Doshi | Independent Director |
| Mr. Deepak N Chawla | Independent Director |
| Mr. Manoj K Sonawala | Independent Director |
| Dr. Nayan J Rawal | Independent Director |
FAQ
What is the intrinsic value of Garware Hi Tech Films Ltd?
Garware Hi Tech Films Ltd's intrinsic value (as of 22 October 2025) is 2779.47 which is 12.10% lower the current market price of 3,162.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 7,347 Cr. market cap, FY2025-2026 high/low of 5,378/2,317, reserves of ₹2,349 Cr, and liabilities of 2,682 Cr.
What is the Market Cap of Garware Hi Tech Films Ltd?
The Market Cap of Garware Hi Tech Films Ltd is 7,347 Cr..
What is the current Stock Price of Garware Hi Tech Films Ltd as on 22 October 2025?
The current stock price of Garware Hi Tech Films Ltd as on 22 October 2025 is 3,162.
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 5,378/2,317.
What is the Stock P/E of Garware Hi Tech Films Ltd?
The Stock P/E of Garware Hi Tech Films Ltd is 22.6.
What is the Book Value of Garware Hi Tech Films Ltd?
The Book Value of Garware Hi Tech Films Ltd is 1,021.
What is the Dividend Yield of Garware Hi Tech Films Ltd?
The Dividend Yield of Garware Hi Tech Films Ltd is 0.38 %.
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.