Results Snapshot
Figures in Cr
Consolidate Annual Results
Mar'26
Mar'25
Mar'24
Mar'23
Mar'22
Mar'21
Mar'20
Net Sales
2,120.11
2,109.36
1,677.02
1,438.01
1,302.63
989.03
924.83
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
2,120.11
2,109.36
1,677.02
1,438.01
1,302.63
989.03
924.83
Raw Material Cost
1,029.20
981.66
821.40
648.36
597.71
366.46
395.75
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
-73.00
-7.94
-20.71
16.43
-67.92
-12.68
-13.81
Employee Cost
194.46
178.17
142.67
121.87
122.85
107.59
93.60
Power Cost
129.33
134.99
123.50
125.96
105.01
80.66
85.21
Manufacturing Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Selling and Distribution Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Expenses
405.41
381.39
328.17
298.20
306.92
228.99
202.43
Total Expenditure (Excl Depreciation)
1,685.40
1,668.27
1,395.03
1,210.82
1,064.57
771.02
763.18
Operating Profit (PBDIT) excl Other Income
434.71
441.09
281.99
227.19
238.06
218.01
161.65
Other Income
64.84
54.40
39.06
42.16
39.43
15.64
11.82
Operating Profit (PBDIT)
499.55
495.49
321.05
269.35
277.49
233.65
173.47
Interest
8.20
8.78
11.78
16.99
18.24
19.59
18.46
Exceptional Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Gross Profit (PBDT)
491.35
486.71
309.27
252.36
259.25
214.06
155.01
Depreciation
45.13
41.23
39.02
32.41
28.19
23.98
20.29
Profit Before Tax
446.22
445.48
270.25
219.95
231.06
190.08
134.72
Tax
107.99
114.26
66.96
53.81
63.88
64.13
48.70
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
338.23
331.22
203.29
166.14
167.18
125.95
86.02
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
338.23
331.22
203.29
166.14
167.18
125.95
86.02
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
338.23
331.22
203.29
166.14
167.18
125.95
86.02
Equity Capital
23.23
23.23
23.23
23.23
23.23
23.23
23.23
Face Value
10.0
10.0
10.0
10.0
10.0
10.0
10.0
Reserves
2,632.93
2,348.56
2,021.57
1,832.59
1,687.65
1,540.32
1,380.49
Earnings per share (EPS)
145.6
142.58
87.51
71.52
71.97
54.22
37.03
Diluted Earnings per share
145.59
142.57
87.5
71.51
71.96
54.21
37.03
Operating Profit Margin (Excl OI)
20.5%
20.91%
16.81%
15.8%
18.28%
22.04%
17.48%
Gross Profit Margin
23.18%
23.07%
18.44%
17.55%
19.9%
21.64%
16.76%
PAT Margin
15.95%
15.7%
12.12%
11.55%
12.83%
12.73%
9.3%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Mar 2026 is 0.51% vs 25.78% in Mar 2025
Consolidate Net Profit
YoY Growth in year ended Mar 2026 is 2.12% vs 62.93% in Mar 2025
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Mar 2026 is -1.45% vs 56.42% in Mar 2025
Interest
YoY Growth in year ended Mar 2026 is -6.61% vs -25.47% in Mar 2025
Operating Profit Margin (Excl OI)
YoY Growth in year ended Mar 2026 has fallen from Mar 2025
Compare Annual Results Of Garware Hi Tech With
Figures in Cr
Consolidate Annual Results
Change(INR)
Change(%)
Net Sales
2,120.11
4,141.97
-2,021.86
-48.81%
Other Operating Income
0.00
0.00
0.00
Total Operating income
2,120.11
4,141.97
-2,021.86
-48.81%
Raw Material Cost
1,029.20
2,621.95
-1,592.75
-60.75%
Purchase of Finished goods
0.00
28.62
-28.62
-100.00%
(Increase) / Decrease In Stocks
-73.00
25.49
-98.49
-386.39%
Employee Cost
194.46
222.28
-27.82
-12.52%
Power Cost
129.33
0.00
129.33
Manufacturing Expenses
0.00
0.00
0.00
Selling and Distribution Expenses
0.00
0.00
0.00
Other Expenses
405.41
767.83
-362.42
-47.20%
Total Expenditure (Excl Depreciation)
1,685.40
3,666.17
-1,980.77
-54.03%
Operating Profit (PBDIT) excl Other Income
434.71
475.80
-41.09
-8.64%
Other Income
64.84
246.63
-181.79
-73.71%
Operating Profit (PBDIT)
499.55
722.43
-222.88
-30.85%
Interest
8.20
29.64
-21.44
-72.33%
Exceptional Items
0.00
416.99
-416.99
-100.00%
Gross Profit (PBDT)
491.35
1,109.78
-618.43
-55.73%
Depreciation
45.13
106.71
-61.58
-57.71%
Profit Before Tax
446.22
1,003.07
-556.85
-55.51%
Tax
107.99
243.21
-135.22
-55.60%
Provisions and contingencies
0.00
0.00
0.00
Profit After Tax
338.23
759.86
-421.63
-55.49%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
Net Profit
338.23
759.86
-421.63
-55.49%
Share in Profit of Associates
0.00
40.17
-40.17
-100.00%
Minority Interest
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
Consolidated Net Profit
338.23
800.03
-461.80
-57.72%
Equity Capital
23.23
123.67
-100.44
-81.22%
Face Value
10.00
2.00
0.00
Reserves
2,632.93
5,973.20
-3,340.27
-55.92%
Earnings per share (EPS)
145.60
12.94
132.66
1,025.19%
Diluted Earnings per share
145.59
12.94
132.65
1,025.12%
Operating Profit Margin (Excl OI)
20.50%
11.49%
0.00
9.01%
Gross Profit Margin
23.18%
26.79%
0.00
-3.61%
PAT Margin
15.95%
19.32%
0.00
-3.37%
Public Share Holdings (%)
0.00%
0.00%
0.00
0.00%
Pledged Promotor Holding (%)
0.00%
0.00%
0.00
0.00%
Annual - Net Sales
Net Sales 2,120.11 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 0.51% vs 25.78% in Mar 2025
Annual - Consolidate Net Profit
Consolidate Net Profit 338.23 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 2.12% vs 62.93% in Mar 2025
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 434.71 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is -1.45% vs 56.42% in Mar 2025
Annual - Interest
Interest 8.20 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is -6.61% vs -25.47% in Mar 2025
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 20.50%
in Mar 2026Figures in %
YoY Growth in year ended Mar 2026 has fallen from Mar 2025






