Results Snapshot
Figures in Cr
Consolidated - Balance Sheet Results
Mar'26
Mar'25
Mar'24
Mar'23
Mar'22
Mar'21
EQUITY AND LIABILITIES
No of Months
12
12
12
12
12
12
Share Capital
23.23
23.23
23.23
23.23
23.23
23.23
Share Warrants & Outstandings
Total Reserve
2,632.93
2,348.56
2,021.57
1,832.59
1,687.65
1,540.32
Shareholder's Funds
2,656.16
2,371.79
2,044.80
1,855.82
1,710.88
1,563.55
Minority Interest
0.00
0.00
0.00
0.00
0.00
0.00
Long-Term Borrowings
0.00
0.00
0.00
75.36
117.02
96.61
Secured Loans
0.00
0.00
0.00
75.36
117.02
96.61
Unsecured Loans
0.00
0.00
0.00
0.00
0.00
0.00
Deferred Tax Assets / Liabilities
46.35
46.65
37.89
31.72
27.34
7.51
Other Long Term Liabilities
9.09
10.11
13.73
9.4
13.17
15.19
Long Term Trade Payables
0.00
0.00
0.00
0.00
0.00
0.00
Long Term Provisions
6.25
6.35
5.38
4.42
3.89
4.03
Total Non-Current Liabilities
61.69
63.11
57.00
120.89
161.42
123.35
Current Liabilities
Trade Payables
180.83
147.72
159.98
103.57
109.90
86.49
Other Current Liabilities
103.76
90.29
54.29
62.19
75.90
86.05
Short Term Borrowings
0.00
0.00
0.00
65.43
65.43
0.00
Short Term Provisions
7.80
9.08
7.63
6.45
9.66
8.92
Total Current Liabilities
292.39
247.09
221.90
237.64
260.89
181.46
Total Liabilities
3,010.24
2,681.99
2,323.70
2,214.34
2,133.18
1,868.36
ASSETS
Non-Current Assets
0.00
0.00
0.00
0.00
0.00
0.00
Gross Block
1,813.41
1,639.62
1,617.64
1,606.52
1,449.02
1,410.98
Less: Accumulated Depreciation
236.90
197.47
167.51
139.29
108.38
81.77
Less : Impairment of Assets
0.00
0.00
0.00
0.00
0.00
0.00
Net Block
1,576.51
1,442.15
1,450.13
1,467.24
1,340.64
1,329.20
Lease Adjustment
0.00
0.00
0.00
0.00
0.00
0.00
Capital Work in Progress
26.42
38.33
2.32
10.32
95.85
10.83
Intangible assets under development
1.02
0.87
0.09
0.09
0.07
0.15
Pre-operative Expenses pending
0.00
0.00
0.00
0.00
0.00
0.00
Assets in transit
0.00
0.00
0.00
0.00
0.00
0.00
Non Current Investments
79.35
113.44
87.33
76.40
74.43
67.53
Long Term Loans & Advances
29.98
27.78
5.96
8.47
24.69
25.60
Other Non Current Assets
0.90
2.14
3.85
0.59
0.00
0.00
Total Non-Current Assets
1,714.18
1,624.71
1,549.68
1,563.11
1,535.68
1,433.32
Current Assets Loans & Advances
Current Investments
618.19
529.75
275.49
316.30
199.64
158.42
Inventories
389.25
309.36
289.75
198.85
210.33
124.11
Sundry Debtors
53.08
42.00
38.07
29.95
33.26
42.02
Cash and Bank
155.40
120.48
112.67
70.45
108.22
69.79
Other Current Assets
9.42
13.85
14.47
4.37
5.17
6.82
Short Term Loans and Advances
70.72
41.84
43.57
31.31
40.88
33.87
Total Current Assets
1,296.06
1,057.28
774.02
651.24
597.50
435.04
Net Current Assets (Including Current Investments)
1,003.67
810.19
552.12
413.60
336.62
253.58
Total Current Assets Excluding Current Investments
677.87
527.53
498.53
334.94
397.86
276.61
Miscellaneous Expenses not written off
0.00
0.00
0.00
0.00
0.00
0.00
Total Assets
3,010.24
2,681.99
2,323.70
2,214.34
2,133.18
1,868.36
Contingent Liabilities
6.31
5.28
143.58
67.89
103.57
77.13
Total Debt
0.00
0.00
0.00
140.79
182.45
96.61
Book Value per share (adjusted)
1143.42
1021
880.24
798.81
736.42
673.01
Balance Sheet Analysis Highlights
Borrowings
No Borrowings in the last few periods;
Other Long Term Liabilities
YoY Growth in year ended Mar 2026 is -10.09% vs -26.37% in Mar 2025
Fixed Assets
YoY Growth in year ended Mar 2026 is 8.27% vs 1.93% in Mar 2025
Investments
YoY Growth in year ended Mar 2026 is -30.05% vs 29.90% in Mar 2025
Current Assets
YoY Growth in year ended Mar 2026 is 22.58% vs 36.60% in Mar 2025
Compare Balance Sheet Results of Garware Hi Tech
Figures in Cr
Consolidated - Balance Sheet Results
Change(INR)
Change(%)
No of Months
12
12
EQUITY AND LIABILITIES
Share Capital
23.23
26.90
-3.67
-13.64%
Share Warrants & Outstandings
Total Reserve
2,632.93
4,031.00
-1,398.07
-34.68%
Shareholder's Funds
2,656.16
4,057.90
-1,401.74
-34.54%
Minority Interest
0.00
0.00
0.00
0.00%
Long-Term Borrowings
0.00
83.00
-83.00
-100.00%
Secured Loans
0.00
18.80
-18.80
-100.00%
Unsecured Loans
0.00
64.20
-64.20
-100.00%
Deferred Tax Assets / Liabilities
46.35
59.50
-13.15
-22.10%
Other Long Term Liabilities
9.09
74.60
-65.51
-87.82%
Long Term Trade Payables
0.00
0.00
0.00
0.00%
Long Term Provisions
6.25
16.00
-9.75
-60.94%
Total Non-Current Liabilities
61.69
233.10
-171.41
-73.53%
Current Liabilities
Trade Payables
180.83
1,155.30
-974.47
-84.35%
Other Current Liabilities
103.76
256.30
-152.54
-59.52%
Short Term Borrowings
0.00
70.10
-70.10
-100.00%
Short Term Provisions
7.80
16.10
-8.30
-51.55%
Total Current Liabilities
292.39
1,497.80
-1,205.41
-80.48%
Total Liabilities
3,010.24
5,788.80
-2,778.56
-48.00%
ASSETS
Non-Current Assets
0.00
0.00
0.00
0.00%
Gross Block
1,813.41
4,170.80
-2,357.39
-56.52%
Less: Accumulated Depreciation
236.90
1,403.10
-1,166.20
-83.12%
Less : Impairment of Assets
0.00
0.00
0.00
0.00%
Net Block
1,576.51
2,767.70
-1,191.19
-43.04%
Lease Adjustment
0.00
0.00
0.00
0.00%
Capital Work in Progress
26.42
88.70
-62.28
-70.21%
Intangible assets under development
1.02
5.60
-4.58
-81.79%
Pre-operative Expenses pending
0.00
0.00
0.00
0.00%
Assets in transit
0.00
0.00
0.00
0.00%
Non Current Investments
79.35
0.00
79.35
0.00%
Long Term Loans & Advances
29.98
113.10
-83.12
-73.49%
Other Non Current Assets
0.90
2.90
-2.00
-68.97%
Total Non-Current Assets
1,714.18
3,149.70
-1,435.52
-45.58%
Current Assets Loans & Advances
Current Investments
618.19
0.00
618.19
0.00%
Inventories
389.25
1,117.30
-728.05
-65.16%
Sundry Debtors
53.08
475.10
-422.02
-88.83%
Cash and Bank
155.40
943.40
-788.00
-83.53%
Other Current Assets
9.42
33.60
-24.18
-71.96%
Short Term Loans and Advances
70.72
69.70
1.02
1.46%
Total Current Assets
1,296.06
2,639.10
-1,343.04
-50.89%
Net Current Assets (Including Current Investments)
1,003.67
1,141.30
-137.63
-12.06%
Total Current Assets Excluding Current Investments
677.87
2,639.10
-1,961.23
-74.31%
Miscellaneous Expenses not written off
0.00
0.00
0.00
0.00%
Total Assets
3,010.24
5,788.80
-2,778.56
-48.00%
Contingent Liabilities
6.31
109.00
-102.69
-94.21%
Total Debt
0.00
153.10
-153.10
-100.00%
Book Value per share (adjusted)
1,143.42
150.81
992.61
658.19%
Annual - Borrowings
Borrowings 0.00 Cr
in Mar 2026Figures in Cr
No Borrowings in the last few periods;
Annual - Other Long Term Liabilities
Other Long Term Liabilities 9.09 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is -10.09% vs -26.37% in Mar 2025
Annual - Fixed Assets
Fixed Assets 1,602.93 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 8.27% vs 1.93% in Mar 2025
Annual - Investments
Investments 79.35 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is -30.05% vs 29.90% in Mar 2025
Annual - Current Assets
Current Assets 1,296.06 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 22.58% vs 36.60% in Mar 2025






