GRWRHITECH

Garware Hi-Tech Films Ltd.

NSE: GRWRHITECH

BSE: 500655

Sector: Capital Goods

Industry Group: Industrial Products

Industry: Plastic Products - Industrial

7,234.50+84.5 (+1.18%)

24 Aug, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

74.9 / 100

Value Score

21.9 / 100

Price Momentum Score

95.4 / 100

QVM Score

77.2 / 100

Key Metrics

Market Cap

16807.20

P/E (TTM)

43.33

P/B

6.33

P/S (TTM)

7.44

EV/EBITDA

32.28

CAPE (5Y)

64.50

ROE (TTM)

13.45

ROCE (TTM)

15.40

ROA (TTM)

11.88

Avg 3Y ROE

12.96

Earnings 3Y CAGR

32.88

Sales 3Y CAGR

15.97

Sales 5Y CAGR

14.95

Debt/Equity

0.01

Consensus TP

Strong Buy %

Promoter Holding

60.72

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Garware Hi-Tech Films Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Strong price momentum

Price Momentum score of 95.4 indicates that the stock has strong price momentum. Research has shown that stocks with higher momentum continue to outperform in the near term

What is Price Momentum score?

95.4 / 100

High and improving operating margin

The company reported strong operating margin of 19.92% for 12-month ended 30 Jun 2026 and operating margin improved by 158 bps from 1 year ago

What is Operating profit margin?

Moderate EPS growth and above median growth of industry

The company delivered moderate EPS growth of 19.03% for 12-month ended 30 Jun 2026 and the growth was 19.44 percentage points higher than median growth of industry

What is EPS growth (1Y)?

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.01 as on 30 Jun 2026 and Debt to Equity remained same in the last 1 year

What is Debt to Equity?

Consistently pays dividend

The company has not missed dividend payments once in the last 5 financial years

What is Dividend streak?

Company is net cash

The company is net cash i.e., cash and cash equivalents exceed total debt indicating a healthy balance sheet

What is Net Debt ?

Negative

Expensive and at a premium to industry median P/E

PE TTM of 43.33 indicates that the stock is expensive on a standalone basis and is at a 119.39% premium to industry median P/E

What is P/E Ratio?

Median: 19.75

Value 43.33

0.56422.48

Moderate ROE but declining trend

The company reported moderate ROE of 13.45% for 12-month ended 30 Jun 2026 but ROE declined by -154 bps from 1 year ago

What is ROE (FY)?

Low revenue growth and lower than median growth of industry

The company delivered moderate revenue growth of 6.02% for 12-month ended 30 Jun 2026 and the growth was 2.48 percentage points lower than median growth of industry

What is Sales growth (1Y)?

Median: 8.5

Value 6.02

-91.6606.82

Low dividend yield

The company has a low dividend yield of 0.17%

What is Dividend yield?

Neutral

Company's earnings are of moderate quality

Earnings quality score of 53.7 indicates that the company's earnings are of moderate quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

53.7 / 100

Financial Snapshot

See detailed analysis

Multi-year trends for Garware Hi-Tech Films Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Garware Hi-Tech Films Ltd. Shareholding Pattern

Quarterly breakdown of Garware Hi-Tech Films Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	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	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Total Promoter	60.72	60.72	60.72	60.72	60.72	60.72	60.72	60.72	60.72	60.72	60.72	60.72	60.72	60.72	60.72	60.72	60.72	60.72	60.72	60.72	60.72	60.72	60.72	60.72	60.72	60.72
Indian Promoter	59.56	59.56	59.56	59.56	59.56	59.56	59.56	59.56	59.56	59.56	59.56	59.56	59.56	59.56	59.56	59.56	59.56	59.56	59.56	59.56	59.56	59.56	59.56	59.56	59.56	59.56
Foreign Promoter	1.16	1.16	1.16	1.16	1.16	1.16	1.16	1.16	1.16	1.16	1.16	1.16	1.16	1.16	1.16	1.16	1.16	1.16	1.16	1.16	1.16	1.16	1.16	1.16	1.16	1.16
Institutions	3.71	3.71	3.71	3.72	3.91	3.84	3.30	3.35	3.36	3.29	2.15	2.48	2.37	2.48	3.63	3.89	4.53	5.28	6.04	7.02	8.25	8.74	8.54	9.31	9.25	10.57
Mutual Funds / UTI	0.02	0.02	0.02	0.02	0.20	0.58	0.62	0.62	0.62	0.62	0.62	1.42	2.06	2.20	3.34	3.62	3.98	4.57	3.98	3.59	4.10	4.44	4.76	4.97	4.46	4.95
FI/Bank/Insurance	3.68	3.68	3.68	3.68	3.68	3.09	2.58	2.58	2.58	2.51	1.30	0.86	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.00	0.00
Govt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	0.00	0.00	0.00	0.01	0.03	0.03	0.10	0.11	0.10	0.07	0.11	0.07	0.17	0.11	0.13	0.11	0.30	0.51	1.55	2.68	3.49	3.85	3.57	3.95	3.97	4.21
Other Institutions	0.00	0.00	0.00	0.00	0.00	0.14	0.00	0.04	0.07	0.09	0.12	0.12	0.13	0.15	0.14	0.15	0.23	0.19	0.50	0.74	0.65	0.44	0.19	0.38	0.82	1.41
Non-Institution	35.57	35.57	35.57	35.56	35.37	35.44	35.98	35.93	35.92	36.00	37.13	36.81	36.91	36.81	35.65	35.39	34.76	34.00	33.24	32.27	31.03	30.54	30.75	29.98	30.03	28.71
Bodies Corporate	2.17	3.31	3.87	3.90	3.43	3.33	3.24	3.10	3.35	3.39	2.79	2.88	2.86	3.24	3.32	3.29	3.27	3.49	3.78	3.65	3.62	3.27	3.45	3.22	3.24	3.19
Others (incl. Retail) No. of shareholders	33.40 20,304	32.26 20,522	31.70 20,448	31.66 20,847	31.94 21,382	32.11 25,746	32.74 29,185	32.83 30,361	32.57 30,591	32.61 30,840	34.34 30,922	33.93 31,668	34.05 31,764	33.57 31,307	32.33 30,119	32.10 37,791	31.49 39,001	30.51 41,840	29.46 50,420	28.62 54,892	27.41 56,697	27.27 53,667	27.30 57,004	26.76 54,925	26.79 53,794	25.52 55,943

Holdings and Presence

Indices and prominent investors with a stake in this stock.

Index Presence

#	Index	Weight	Rank
1	SHI: Plastic Products - Industrial	13.07%	3 / 13
2	Nifty Microcap 250	0.69%	27 / 250
3	Nifty Total Market	0.03%	410 / 749

Prominent Investor Holdings

Bharat Jayantilal Patel and Associates

Jun 2023

1.68%

₹ 283 Cr

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Garware Hi-Tech Films Ltd. shares as reported to NSE and BSE.

Name	Date	Type	Price	Qty.	Value
GRAVITON RESEARCH CAPITAL LLP	04 Apr 2025	buy	₹ 2,787.81	1.17 lac	₹ 32.52 cr
GRAVITON RESEARCH CAPITAL LLP	04 Apr 2025	sell	₹ 2,787.59	1.17 lac	₹ 32.51 cr
Ashish Rameshchandra Kacholia	29 Jul 2021	buy	₹ 1,005.00	1.42 lac	₹ 14.26 cr
Ashish Rameshchandra Kacholia	20 May 2021	buy	₹ 755.00	1.28 lac	₹ 9.66 cr

Corporate Actions

History of Garware Hi-Tech Films Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 12/share
Record date: 16th Sep 2026Ex-date: 16th Sep 2026
Announced on: 6th May 2026
Dividend₹ 12/share
Record date: 17th Sep 2025Ex-date: 17th Sep 2025
Announced on: 14th May 2025
Dividend₹ 10/share
Record date: 17th Sep 2024Ex-date: 17th Sep 2024
Announced on: 29th May 2024
Dividend₹ 10/share
Record date: 20th Sep 2023Ex-date: 20th Sep 2023
Announced on: 26th May 2023
Dividend₹ 10/share
Record date: 20th Sep 2022Ex-date: 19th Sep 2022
Announced on: 26th May 2022

Company Profile

Overview of Garware Hi-Tech Films Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Garware Hi-Tech Films Limited is an India-based manufacturer of specialized solar control films & paint protection films for the automotive segment, sun control films for architectural applications, and high-end biaxially-oriented polyethylene terephthalate (BOPET) films for industrial applications....

Key personnel

Mr. Prashant L. Pai

Interim Chief Financial Officer

Mr. Awaneesh Kumar Srivastava

Company Secretary, Compliance Officer

Shri. S. B. GarwareD

Executive Chairman, Managing Director

Ms. Monika Garware ModiD

Executive Vice Chairperson of the Board, Joint Managing Director

Mr. Uday Vasantrao JoshiD

Whole-Time Director

Ms. Sonia GarwareD

Non-Executive Non-Independent Director

Mr. Deepak ChawlaD

Non-Executive Independent Director

Mr. Chirag H. DoshiD

Non-Executive Independent Director

View all

Incorporated on

06 Jun 1957

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

IPO date

01 Jan 1990

Free Float

87,03,638

Website

https://www.garwarehitechfilms.com/

Phone no.

+912266988000

Address

NAIGAON, POST WALUJ, , 431133, India

Frequently Asked Questions

What is the current share price of Garware Hi-Tech Films Ltd.?

The current share price of Garware Hi-Tech Films Ltd. is ₹ 7,234.50 as of 24 Aug 2026.

What is the market capitalisation of Garware Hi-Tech Films Ltd.?

The market capitalisation of Garware Hi-Tech Films Ltd. stands at ₹ 16,807.20 Cr.

What is the PE ratio of Garware Hi-Tech Films Ltd.?

The Price-to-Earnings (PE) ratio of Garware Hi-Tech Films Ltd. is 43.33 as of the latest trailing twelve months data.

What is the ROE and ROCE of Garware Hi-Tech Films Ltd.?

Garware Hi-Tech Films Ltd. has a Return on Equity (ROE) of 13.45% and a Return on Capital Employed (ROCE) of 15.40% as per the latest financial reports.

What is the 52-week high and low of Garware Hi-Tech Films Ltd.?

The 52-week high of Garware Hi-Tech Films Ltd. is - and the 52-week low is -.

What is the dividend yield of Garware Hi-Tech Films Ltd.?

The dividend yield of Garware Hi-Tech Films Ltd. is 0.17% based on the current market price.

What is the FII and DII holding in Garware Hi-Tech Films Ltd.?

Foreign Institutional Investors (FII) hold 4.21%, Domestic Institutional Investors (DII) hold 4.95% and retail/public investors hold 25.52% of Garware Hi-Tech Films Ltd. shares.

What sector does Garware Hi-Tech Films Ltd. belong to?

Garware Hi-Tech Films Ltd. operates in the Capital Goods sector.

What is the beta of Garware Hi-Tech Films Ltd.?

The beta of Garware Hi-Tech Films Ltd. is 1.73, indicating its price volatility relative to the broader market. Over the past 1 year, Garware Hi-Tech Films Ltd. has delivered an absolute return of 160.86%.

What is the RSI of Garware Hi-Tech Films Ltd.?

The 14-day Relative Strength Index (RSI) of Garware Hi-Tech Films Ltd. is 57.92, placing it in the neutral zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

Garware Hi-Tech Films Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Garware Hi-Tech Films Ltd. Shareholding Pattern

Holdings and Presence

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Stock Analysis

Holdings and Presence

Company Profile

Corporate Actions