Results Snapshot
Figures in Cr
Consolidate Annual Results
Mar'25
Mar'24
Mar'23
Mar'22
Mar'21
Mar'20
Mar'19
Net Sales
1,540.11
1,325.61
1,305.55
1,189.40
1,034.57
953.09
1,017.82
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
1,540.11
1,325.61
1,305.55
1,189.40
1,034.57
953.09
1,017.82
Raw Material Cost
394.50
369.75
364.20
347.82
253.96
259.22
292.45
Purchase of Finished goods
55.02
33.24
40.65
31.48
30.52
35.14
39.14
(Increase) / Decrease In Stocks
-15.72
-37.30
14.41
-29.83
11.62
-14.99
-1.67
Employee Cost
214.45
193.61
166.86
149.82
152.74
136.36
129.95
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
-0.01
-0.01
0.00
-0.01
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
573.11
494.71
489.89
467.21
381.36
359.85
365.97
Total Expenditure (Excl Depreciation)
1,221.35
1,054.00
1,076.01
966.49
830.20
775.58
825.84
Operating Profit (PBDIT) excl Other Income
318.76
271.61
229.54
222.91
204.37
177.51
191.98
Other Income
38.07
43.19
27.90
25.54
34.67
32.19
21.08
Operating Profit (PBDIT)
356.83
314.80
257.44
248.45
239.04
209.70
213.06
Interest
20.03
17.21
11.95
10.57
10.32
11.57
13.72
Exceptional Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Gross Profit (PBDT)
336.80
297.59
245.49
237.88
228.72
198.13
199.34
Depreciation
28.34
25.88
22.31
21.46
20.65
19.26
17.24
Profit Before Tax
308.46
271.71
223.18
216.41
208.07
178.86
182.09
Tax
76.91
61.45
50.98
51.63
49.67
38.33
56.41
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
231.55
210.27
172.20
164.78
158.40
140.53
125.68
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
231.55
210.27
172.20
164.78
158.40
140.53
125.68
Share in Profit of Associates
-0.01
0.01
0.00
0.00
0.00
0.00
0.00
Minority Interest
0.01
-0.01
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
231.55
210.27
172.20
164.78
158.40
140.53
125.68
Equity Capital
99.27
20.38
20.38
20.62
20.62
21.88
21.88
Face Value
10.0
10.0
10.0
10.0
10.0
10.0
10.0
Reserves
1,142.30
1,213.48
996.02
949.97
790.49
717.24
628.46
Earnings per share (EPS)
23.33
20.63
84.49
79.91
76.82
64.23
57.44
Diluted Earnings per share
23.32
20.43
83.54
79.92
74.64
64.22
57.43
Operating Profit Margin (Excl OI)
20.7%
20.49%
17.58%
18.74%
19.75%
18.62%
18.86%
Gross Profit Margin
21.87%
22.45%
18.8%
20.0%
22.11%
20.79%
19.58%
PAT Margin
15.03%
15.86%
13.19%
13.85%
15.31%
14.74%
12.35%
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 2025 is 16.18% vs 1.54% in Mar 2024
Consolidate Net Profit
YoY Growth in year ended Mar 2025 is 10.12% vs 22.11% in Mar 2024
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Mar 2025 is 17.36% vs 18.33% in Mar 2024
Interest
YoY Growth in year ended Mar 2025 is 16.39% vs 44.02% in Mar 2024
Operating Profit Margin (Excl OI)
YoY Growth in year ended Mar 2025 has improved from Mar 2024
Compare Annual Results Of Garware Tech With
Figures in Cr
Consolidate Annual Results
Change(INR)
Change(%)
Net Sales
1,540.11
4,506.29
-2,966.18
-65.82%
Other Operating Income
0.00
0.00
0.00
Total Operating income
1,540.11
4,506.29
-2,966.18
-65.82%
Raw Material Cost
394.50
1,855.76
-1,461.26
-78.74%
Purchase of Finished goods
55.02
581.31
-526.29
-90.54%
(Increase) / Decrease In Stocks
-15.72
-64.99
49.27
75.81%
Employee Cost
214.45
839.29
-624.84
-74.45%
Power Cost
0.00
0.00
0.00
Manufacturing Expenses
-0.01
0.00
-0.01
Selling and Distribution Expenses
0.00
0.00
0.00
Other Expenses
573.11
891.30
-318.19
-35.70%
Total Expenditure (Excl Depreciation)
1,221.35
4,102.67
-2,881.32
-70.23%
Operating Profit (PBDIT) excl Other Income
318.76
403.62
-84.86
-21.02%
Other Income
38.07
33.55
4.52
13.47%
Operating Profit (PBDIT)
356.83
437.17
-80.34
-18.38%
Interest
20.03
99.19
-79.16
-79.81%
Exceptional Items
0.00
4.56
-4.56
-100.00%
Gross Profit (PBDT)
336.80
342.54
-5.74
-1.68%
Depreciation
28.34
75.22
-46.88
-62.32%
Profit Before Tax
308.46
267.33
41.13
15.39%
Tax
76.91
36.56
40.35
110.37%
Provisions and contingencies
0.00
0.00
0.00
Profit After Tax
231.55
230.77
0.78
0.34%
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
231.55
230.77
0.78
0.34%
Share in Profit of Associates
-0.01
0.00
-0.01
Minority Interest
0.01
17.56
-17.55
-99.94%
Other related items
0.00
0.00
0.00
Consolidated Net Profit
231.55
248.33
-16.78
-6.76%
Equity Capital
99.27
22.97
76.30
332.17%
Face Value
10.00
5.00
0.00
Reserves
1,142.30
1,132.73
9.57
0.84%
Earnings per share (EPS)
23.33
54.06
-30.73
-56.84%
Diluted Earnings per share
23.32
52.87
-29.55
-55.89%
Operating Profit Margin (Excl OI)
20.70%
8.96%
0.00
11.74%
Gross Profit Margin
21.87%
7.60%
0.00
14.27%
PAT Margin
15.03%
5.12%
0.00
9.91%
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 1,540.11 Cr
in Mar 2025Figures in Cr
YoY Growth in year ended Mar 2025 is 16.18% vs 1.54% in Mar 2024
Annual - Consolidate Net Profit
Consolidate Net Profit 231.55 Cr
in Mar 2025Figures in Cr
YoY Growth in year ended Mar 2025 is 10.12% vs 22.11% in Mar 2024
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 318.76 Cr
in Mar 2025Figures in Cr
YoY Growth in year ended Mar 2025 is 17.36% vs 18.33% in Mar 2024
Annual - Interest
Interest 20.03 Cr
in Mar 2025Figures in Cr
YoY Growth in year ended Mar 2025 is 16.39% vs 44.02% in Mar 2024
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 20.70%
in Mar 2025Figures in %
YoY Growth in year ended Mar 2025 has improved from Mar 2024






