GARWARE HI-TECH FILMS LIMITED
Garware Hi-Tech Films Limited manufactures and sells polyester films in India, the United States, and internationally. The company offers paint protection and sun control films. It also offers defendo-dual reflective, spectrally selective, deco vista, safety, designer, privacy, reflective, IR rejection, writable, antigraffity, and whiteboard films, as well as HP films. In addition, the company provides lidding, liner release, metallized, lamination, packaging, shrink, thermal, heat sealable, graphic, and electrical films, as well as insulation and low oligomer films. Its products are used in automobiles, buildings, label, electric motor insulation and cable insulation, sealed compressors motors, sequin application films, TV and LCD screen, packaging, and other applications. The company was formerly known as Garware Polyester Limited and changed its name to Garware Hi-Tech Films Limited in April 2021. Garware Hi-Tech Films Limited was founded in 1933 and is based in Mumbai, India.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockStrengths1
- Strong 5-year net profit CAGR of 15.8%
Concerns1
- Low return on equity of 9.2%
Rule-based from financial data. Not advice.
Monthly Returns
Year-to-Date ROI
Historical Volatility
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ2.00 K Cr | β | βΉ339.00 Cr | β | β | 14.7% | 26.1% | 87.3% |
| Mar 2024 | βΉ1.58 K Cr | β | βΉ181.00 Cr | β | β | 9.2% | 20.7% | 22.3% |
| Mar 2023 | βΉ1.31 K Cr | β | βΉ148.00 Cr | β | β | 8.2% | 3.7% | -7.5% |
| Mar 2022 | βΉ1.26 K Cr | β | βΉ160.00 Cr | β | β | 9.5% | 31.7% | 34.5% |
| Mar 2021 | βΉ960.00 Cr | β | βΉ119.00 Cr | β | β | 7.7% | 9.5% | 36.8% |
| Mar 2020 | βΉ877.00 Cr | β | βΉ87.00 Cr | β | β | 6.2% | -5.0% | 17.6% |
| Mar 2019 | βΉ923.00 Cr | β | βΉ74.00 Cr | β | β | 5.4% | 12.2% | 117.6% |
| Mar 2018 | βΉ823.00 Cr | β | βΉ34.00 Cr | β | β | 2.6% | -4.3% | 54.5% |
| Mar 2017 | βΉ860.00 Cr | β | βΉ22.00 Cr | β | β | 1.8% | 2.1% | 29.4% |
| Mar 2016 | βΉ842.00 Cr | β | βΉ17.00 Cr | β | β | 2.9% | -5.1% | 0.0% |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | TTM |
|---|---|
| Revenue / Net Sales | 1,922 |
| Total Expenses | 1,547 |
| EBIT / Operating Profit | 375 |
| OPM % | 20% |
| Other Income | 92 |
| Finance Costs | 6 |
| Depreciation & Amortisation | 41 |
| Profit Before Tax | 420 |
| Tax % | - |
| Net Profit / PAT | 320 |
| EPS (βΉ) | 137.86 |
| Dividend Payout % | - |
Peer Comparison
Technology sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| GARWARE HI-TECH FILMS LIMITEDthis co. | βΉ6.98 K Cr | βΉ2.00 K Cr | 21.80 | 2.85 | 23.85 | 26.1% |
| Bharti Airtel Ltd. | βΉ12.19 L Cr | βΉ1.09 L Cr | 50.40 | 8.31 | 27.19 | 15.8% |
| Tata Consultancy Services Ltd. | βΉ11.84 L Cr | βΉ2.15 L Cr | 24.20 | 13.91 | 18.91 | 6.2% |
| Infosys Ltd | βΉ6.48 L Cr | βΉ1.37 L Cr | 24.20 | 7.17 | 16.31 | 5.9% |
| HCL Technologies Ltd | βΉ4.52 L Cr | βΉ51.10 K Cr | 36.80 | 14.48 | β | 6.2% |
| Bharat Electronics Ltd. | βΉ3.02 L Cr | βΉ23.66 K Cr | 53.30 | 14.23 | 51.32 | 17.3% |
| Wipro Ltd. | βΉ2.77 L Cr | βΉ67.29 K Cr | 23.00 | 4.29 | 18.85 | 0.8% |
| Industry Average | β | βΉ10.05 K Cr | 69.99 | 8.58 | 66.75 | 22.0% |