Results Snapshot
Figures in Cr
Consolidate Annual Results
Mar'26
Mar'25
Mar'24
Mar'23
Mar'22
Mar'21
Mar'20
Net Sales
1,528.79
1,540.11
1,325.61
1,305.55
1,189.40
1,034.57
953.09
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
1,528.79
1,540.11
1,325.61
1,305.55
1,189.40
1,034.57
953.09
Raw Material Cost
410.20
393.83
369.75
364.20
347.82
253.96
259.22
Purchase of Finished goods
88.17
55.02
33.24
40.65
31.48
30.52
35.14
(Increase) / Decrease In Stocks
-44.45
-15.72
-37.30
14.41
-29.83
11.62
-14.99
Employee Cost
236.76
214.45
193.61
166.86
149.82
152.74
136.36
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
0.00
-0.01
-0.01
0.00
-0.01
0.00
0.00
Selling and Distribution Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Expenses
554.50
573.78
494.71
489.89
467.21
381.36
359.85
Total Expenditure (Excl Depreciation)
1,245.18
1,221.35
1,054.00
1,076.01
966.49
830.20
775.58
Operating Profit (PBDIT) excl Other Income
283.61
318.76
271.61
229.54
222.91
204.37
177.51
Other Income
47.69
38.07
43.19
27.90
25.54
34.67
32.19
Operating Profit (PBDIT)
331.30
356.83
314.80
257.44
248.45
239.04
209.70
Interest
13.56
20.03
17.21
11.95
10.57
10.32
11.57
Exceptional Items
-13.90
0.00
0.00
0.00
0.00
0.00
0.00
Gross Profit (PBDT)
303.84
336.80
297.59
245.49
237.88
228.72
198.13
Depreciation
34.45
28.34
25.88
22.31
21.46
20.65
19.26
Profit Before Tax
269.39
308.46
271.71
223.18
216.41
208.07
178.86
Tax
70.97
76.91
61.45
50.98
51.63
49.67
38.33
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
198.42
231.55
210.27
172.20
164.78
158.40
140.53
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
198.42
231.55
210.27
172.20
164.78
158.40
140.53
Share in Profit of Associates
0.25
-0.01
0.01
0.00
0.00
0.00
0.00
Minority Interest
0.00
0.00
-0.01
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
198.67
231.54
210.27
172.20
164.78
158.40
140.53
Equity Capital
99.27
99.27
20.38
20.38
20.62
20.62
21.88
Face Value
10.0
10.0
10.0
10.0
10.0
10.0
10.0
Reserves
1,255.16
1,142.30
1,213.48
996.02
949.97
790.49
717.24
Earnings per share (EPS)
20.01
23.32
20.63
84.49
79.91
76.82
64.23
Diluted Earnings per share
20.01
23.32
20.43
83.54
79.92
74.64
64.22
Operating Profit Margin (Excl OI)
18.55%
20.7%
20.49%
17.58%
18.74%
19.75%
18.62%
Gross Profit Margin
19.87%
21.87%
22.45%
18.8%
20.0%
22.11%
20.79%
PAT Margin
12.98%
15.03%
15.86%
13.19%
13.85%
15.31%
14.74%
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 -0.74% vs 16.18% in Mar 2025
Consolidate Net Profit
YoY Growth in year ended Mar 2026 is -14.20% vs 10.12% in Mar 2025
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Mar 2026 is -11.03% vs 17.36% in Mar 2025
Interest
YoY Growth in year ended Mar 2026 is -32.30% vs 16.39% 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 Tech With
Figures in Cr
Consolidate Annual Results
Change(INR)
Change(%)
Net Sales
1,528.79
8,176.92
-6,648.13
-81.30%
Other Operating Income
0.00
0.00
0.00
Total Operating income
1,528.79
8,176.92
-6,648.13
-81.30%
Raw Material Cost
410.20
632.79
-222.59
-35.18%
Purchase of Finished goods
88.17
3,155.85
-3,067.68
-97.21%
(Increase) / Decrease In Stocks
-44.45
-321.53
277.08
86.18%
Employee Cost
236.76
1,270.61
-1,033.85
-81.37%
Power Cost
0.00
0.00
0.00
Manufacturing Expenses
0.00
0.00
0.00
Selling and Distribution Expenses
0.00
235.56
-235.56
-100.00%
Other Expenses
554.50
2,517.00
-1,962.50
-77.97%
Total Expenditure (Excl Depreciation)
1,245.18
7,490.28
-6,245.10
-83.38%
Operating Profit (PBDIT) excl Other Income
283.61
686.64
-403.03
-58.70%
Other Income
47.69
309.61
-261.92
-84.60%
Operating Profit (PBDIT)
331.30
996.25
-664.95
-66.75%
Interest
13.56
515.68
-502.12
-97.37%
Exceptional Items
-13.90
-39.86
25.96
65.13%
Gross Profit (PBDT)
303.84
440.71
-136.87
-31.06%
Depreciation
34.45
1,339.49
-1,305.04
-97.43%
Profit Before Tax
269.39
-898.78
1,168.17
129.97%
Tax
70.97
-98.24
169.21
172.24%
Provisions and contingencies
0.00
0.00
0.00
Profit After Tax
198.42
-800.54
998.96
124.79%
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
198.42
-800.54
998.96
124.79%
Share in Profit of Associates
0.25
-29.35
29.60
100.85%
Minority Interest
0.00
54.00
-54.00
-100.00%
Other related items
0.00
0.00
0.00
Consolidated Net Profit
198.67
-775.89
974.56
125.61%
Equity Capital
99.27
1,220.54
-1,121.27
-91.87%
Face Value
10.00
10.00
0.00
Reserves
1,255.16
4,618.50
-3,363.34
-72.82%
Earnings per share (EPS)
20.01
-6.36
26.37
414.62%
Diluted Earnings per share
20.01
-6.38
26.39
413.64%
Operating Profit Margin (Excl OI)
18.55%
8.40%
0.00
10.15%
Gross Profit Margin
19.87%
5.39%
0.00
14.48%
PAT Margin
12.98%
-10.15%
0.00
23.13%
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 1,528.79 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is -0.74% vs 16.18% in Mar 2025
Annual - Consolidate Net Profit
Consolidate Net Profit 198.67 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is -14.20% vs 10.12% in Mar 2025
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 283.61 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is -11.03% vs 17.36% in Mar 2025
Annual - Interest
Interest 13.56 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is -32.30% vs 16.39% in Mar 2025
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 18.55%
in Mar 2026Figures in %
YoY Growth in year ended Mar 2026 has fallen from Mar 2025






