Garware Hi Tech

Why is Garware Hi Tech Films Ltd falling/rising?

As of 05-Sep, Garware Hi Tech Films Ltd's stock price is currently at 7,090.70, reflecting a short-term decline of 1.66% over three days, while showing strong long-term performance with a year-to-date increase of 127.82%. The recent price drop is linked to decreased investor participation and trading activity, despite the company maintaining a solid financial position.

As of 05-Sep, Garware Hi Tech Films Ltd's stock price is falling, currently at 7,090.70, reflecting a decrease of 11.45 (-0.16%). The stock has been on a downward trend, having lost value for the last three consecutive days, resulting in a total decline of 1.66% during this period. <BR><BR>In terms of performance relative to the market, the stock has underperformed in the short term, with a 1-week decline of 1.94% compared to a 0.97% drop in the Sensex. Over the past month, it has decreased by 3.30%, while the benchmark has fallen by 2.44%. Despite these short-term declines, the stock has shown remarkable long-term performance, with a year-to-date increase of 127.82% and a one-year increase of 145.18%, significantly outperforming the Sensex, which has declined by 10.21% over the same period.<BR><BR>The recent drop in stock price may also be attributed to a decrease in investor participation, as evidenced by a 67.33% decline in delivery volume compared to the 5-day average. This suggests a reduction in trading activity and interest among investors. Although the stock remains above its 50-day, 100-day, and 200-day moving averages, it is currently below its 5-day and 20-day moving averages, indicating a potential shift in momentum.<BR><BR>Despite these short-term challenges, Garware Hi Tech Films Ltd maintains a strong financial position, being net-debt free, and has reported positive financial results, including a significant increase in profit before tax and net sales. Additionally, there has been an increase in institutional investor participation, which may provide some support for the stock in the longer term. However, the immediate outlook reflects a decline in price, driven by recent market performance and reduced trading activity.

Which are the latest news on Garware Hi Tech?

Who are in the management team of Garware Hi Tech?

The management team of Garware Hi Tech includes S B Garware (Chairman & Managing Director), Monika Garware Modi (Vice Chairperson & Joint Managing Director), and several other executive and independent directors, totaling 12 key members who guide the company's strategic direction.

The management team of Garware Hi Tech includes the following key members:<BR><BR>1. **S B Garware** - Chairman & Managing Director<BR>2. **Monika Garware Modi** - Vice Chairperson & Joint Managing Director<BR>3. **Sarita Garware** - Executive Director / Joint Managing Director / Promoter<BR>4. **Sonia Garware** - Non-Executive Director<BR>5. **Uday Vasantrao Joshi** - Executive Director & Wholetime Director<BR>6. **M C Agarwal** - Independent Non-Executive Director<BR>7. **Ramesh P Makhija** - Independent Non-Executive Director<BR>8. **Tushar M Parikh** - Independent Non-Executive Director<BR>9. **Nilesh R Doshi** - Independent Non-Executive Director<BR>10. **Vivekanand Heroor Kamath** - Independent Non-Executive Director<BR>11. **Devanshi H Nanavati** - Independent Non-Executive Woman Director<BR>12. **M S Adsul** - Executive Director & Wholetime Director<BR><BR>This team plays a crucial role in guiding the company's strategic direction and operations.

What does Garware Hi Tech do?

Garware Hi Tech Films Ltd is a leading manufacturer of polyester film, incorporated in 1957, with a market cap of INR 16,553 Cr. As of June 2026, it reported net sales of 633 Cr and a net profit of 133 Cr.

Overview: <BR>Garware Hi Tech Films Ltd is a leading manufacturer of polyester film in the plastic products industry and operates within the small-cap market segment.<BR><BR>History: <BR>The company was incorporated in June 1957 and was formerly known as Garware Polyester Limited. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 633 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 133 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 16,553 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 43.00 <BR>Industry P/E: 18 <BR>Dividend Yield: 0.17% <BR>Debt-Equity: -0.29 <BR>Return on Equity: 12.73% <BR>Price to Book: 6.32<BR><BR>Contact Details: <BR>Address: Naigaon, Post Waluj Aurangabad (Maharashtra) Maharashtra : 431133 <BR>Tel: 91-0240-2554427 <BR>Email: vsv@garwarepoly.com <BR>Website: http://www.garwarepoly.com

Who are the peers of the Garware Hi Tech?

Garware Hi Tech's peers include Supreme Inds., Astral, Shaily Engineer, Finolex Inds., Time Technoplast, Kingfa Science, Prince Pipes, Apollo Pipes, Jain Irrigation, and Jai Corp. Garware Hi Tech has the highest 1-year return at 165.29%, while Jain Irrigation has the lowest at -42.90%.

Peers: The peers of Garware Hi Tech are Supreme Inds., Astral, Shaily Engineer., Finolex Inds., Time Technoplast, Kingfa Science, Prince Pipes, Apollo Pipes, Jain Irrigation, and Jai Corp.<BR><BR>Quality Snapshot: Excellent management risk is observed at Supreme Inds., Astral, Finolex Inds., Shaily Engineer., Time Technoplast, and Kingfa Science, while Average management risk is found at Garware Hi Tech, Prince Pipes, Apollo Pipes, and Jai Corp. Below Average management risk is noted for Jain Irrigation. Growth is categorized as Good for Shaily Engineer. and Time Technoplast, while Below Average growth is seen in Supreme Inds., Astral, Garware Hi Tech, Finolex Inds., Prince Pipes, and Apollo Pipes. Kingfa Science stands out with Excellent growth, and Jain Irrigation shows Good growth. Capital Structure is Excellent for Supreme Inds., Astral, Garware Hi Tech, Finolex Inds., and Kingfa Science, while Good capital structure is found at Shaily Engineer. and Time Technoplast, and Below Average at Jain Irrigation.<BR><BR>Return Snapshot: Garware Hi Tech has a 1-year return of 165.29%, which is the highest among its peers, while Jain Irrigation has the lowest at -42.90%. In comparison, Garware Hi Tech's return is significantly higher than all its peers. Additionally, Finolex Inds., Jain Irrigation, and Jai Corp. have negative six-month returns.

How big is Garware Hi Tech?

As of 31st August, Garware Hi Tech Films Ltd has a market capitalization of 16,553.00 Cr, with recent net sales of 2,258.20 Cr and a net profit of 387.86 Cr.

As of 31st August, Garware Hi Tech Films Ltd has a market capitalization of 16,553.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 2,258.20 Cr and a Net Profit of 387.86 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 2,371.79 Cr and Total Assets of 2,681.99 Cr.

Should I buy, sell or hold Garware Hi Tech Films Ltd?

Are Garware Hi Tech Films Ltd latest results good or bad?

Garware Hi Tech Films Ltd's latest results are strong, with a net profit increase of 94.03% quarter-on-quarter and revenue growth of 30.07%. However, the stock's high valuation at 38 times trailing earnings may raise concerns for potential investors.

Garware Hi Tech Films Ltd's latest results for the quarter ended March 2026 indicate a strong performance overall. The company reported a net profit of ₹108.21 crores, which is a remarkable increase of 94.03% quarter-on-quarter and 39.09% year-on-year. Revenue also saw significant growth, reaching ₹596.69 crores, up 30.07% from the previous quarter and 8.90% compared to the same quarter last year. <BR><BR>Additionally, the operating margin expanded to 22.70%, the highest in seven quarters, reflecting effective cost management and operational efficiency. This strong operational momentum suggests that the company is recovering well and capitalizing on robust demand across its product portfolio.<BR><BR>However, it's important to note that the stock is currently trading at a high valuation of 38 times trailing earnings, which is more than double the industry average of 17 times. This raises questions about the sustainability of such high valuations and the potential for future upside.<BR><BR>In summary, while the recent results are impressive and indicate strong operational performance, the high valuation may warrant caution for potential investors. Existing shareholders may feel confident in holding their positions given the positive financial trends, but new investors might want to consider waiting for a more favorable entry point.

When is the next results date for Garware Hi Tech Films Ltd?

The next results date for Garware Hi Tech Films Ltd is 06 May 2026.

The next results date for Garware Hi Tech Films Ltd is scheduled for 06 May 2026.

Is Garware Hi Tech technically bullish or bearish?

As of December 1, 2025, Garware Hi Tech's trend has shifted to mildly bearish due to bearish signals from daily moving averages and monthly MACD, despite some bullish indicators on the weekly timeframe.

As of 1 December 2025, the technical trend for Garware Hi Tech has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend and the monthly MACD showing a mildly bearish signal. The weekly MACD and KST remain bullish, but the overall trend is tempered by the bearish signals from the moving averages and Dow Theory, which is also mildly bearish on the weekly timeframe. The Bollinger Bands are mildly bullish on both weekly and monthly charts, but this is not enough to offset the bearish indicators.

How has been the historical performance of Garware Hi Tech?

Garware Hi Tech has shown consistent growth, with net sales increasing from 924.83 Cr in Mar'20 to 2,109.36 Cr in Mar'25, and profit after tax rising from 86.02 Cr to 331.22 Cr during the same period. The company has also eliminated long-term borrowings and improved cash flow, indicating strong financial stability.

Answer:<BR>The historical performance of Garware Hi Tech shows a consistent growth trend in net sales and profits over the years.<BR><BR>Breakdown:<BR>Garware Hi Tech has demonstrated significant growth in net sales, increasing from 924.83 Cr in Mar'20 to 2,109.36 Cr in Mar'25. This upward trend is reflected in total operating income, which rose from 924.83 Cr in Mar'20 to 2,109.36 Cr in Mar'25. The company's operating profit (PBDIT) also improved, reaching 495.49 Cr in Mar'25, up from 173.47 Cr in Mar'20. Profit before tax followed a similar trajectory, climbing from 134.72 Cr in Mar'20 to 445.48 Cr in Mar'25, while profit after tax increased from 86.02 Cr to 331.22 Cr over the same period. The company's total assets grew from 1,654.08 Cr in Mar'20 to 2,681.99 Cr in Mar'25, indicating a robust expansion in its asset base. Additionally, Garware Hi Tech has effectively reduced its long-term borrowings to zero by Mar'25, down from 75.36 Cr in Mar'23, showcasing improved financial stability. The cash flow from operating activities also saw a positive trend, increasing from 99.00 Cr in Mar'20 to 329.00 Cr in Mar'25, contributing to a net cash inflow of 2.00 Cr in Mar'25. Overall, Garware Hi Tech's financial metrics reflect a strong performance and growth trajectory over the years.

Is Garware Hi Tech overvalued or undervalued?

As of November 14, 2025, Garware Hi Tech is considered overvalued with a PE ratio of 27.89 and an EV to EBITDA of 19.41, significantly higher than its peers, and despite a recent 1-week return of 10.26%, it has underperformed over the year with a return of -12.46%.

As of 14 November 2025, Garware Hi Tech has moved from an expensive to a very expensive valuation grade. The company is currently overvalued based on its financial metrics. Key ratios include a PE ratio of 27.89, an EV to EBITDA of 19.41, and a Price to Book Value of 3.48, all of which are significantly higher than its peers. For instance, AGI Greenpac, which is rated attractive, has a PE of 14.45 and an EV to EBITDA of 9.00, highlighting the disparity in valuation.<BR><BR>In comparison to its peers, Garware Hi Tech's PEG ratio of 13.02 also stands out, indicating a premium valuation relative to companies like Uflex, which has a PEG of 0.75. Despite recent stock performance showing a strong 1-week return of 10.26% compared to the Sensex's 1.62%, the overall trend indicates that the stock has underperformed over the year with a return of -12.46% against the Sensex's 9.00%. This further reinforces the conclusion that Garware Hi Tech is currently overvalued in the market.

Who are the top shareholders of the Garware Hi Tech?

The top shareholder of Garware Hi Tech is the S B Garware Family Trust, holding 38.17%. Other significant shareholders include mutual funds (4.1%), foreign institutional investors (3.5%), and individual investors (22.31%).

The top shareholders of Garware Hi Tech include the S B Garware Family Trust, which holds the highest stake at 38.17%. The company is primarily owned by its promoters, with no pledged promoter holdings reported. Additionally, mutual funds hold about 4.1% of the shares through 15 different schemes, while foreign institutional investors (FIIs) account for 3.5% through 97 different entities. The highest public shareholder is the LIC Mutual Fund Multi Cap Fund, with a holding of 2.48%. Individual investors collectively own 22.31% of the company.

Has Garware Hi Tech declared dividend?

Garware Hi Tech Films Ltd has declared a 100% dividend, amounting to ₹10 per share, with an ex-date of September 17, 2024. Despite recent volatility, the company has shown significant long-term growth, particularly with a total return of 2468.88% over the past five years.

Garware Hi Tech Films Ltd has declared a 100% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 100%<BR>- Amount per share: 10<BR>- Ex-date: 17 Sep 24<BR><BR>Dividend Yield: 0.22%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -10.36%, with a dividend return of 0%, resulting in a total return of -10.36%.<BR><BR>Over the past year, the price return was 137.12%, the dividend return was 0.47%, leading to a total return of 137.59%.<BR><BR>In the 2-year period, the price return stood at 461.96%, with a dividend return of 2.52%, culminating in a total return of 464.48%.<BR><BR>For the 3-year period, the price return was 574.71%, the dividend return was 4.65%, resulting in a total return of 579.36%.<BR><BR>In the last 4 years, the price return was 393.06%, with a dividend return of 4.45%, leading to a total return of 397.51%.<BR><BR>Finally, over the past 5 years, the price return reached 2449.67%, with a dividend return of 19.21%, resulting in a total return of 2468.88%.<BR><BR>Overall, Garware Hi Tech Films Ltd has declared a substantial dividend, and while recent returns have shown volatility, the long-term performance indicates significant growth, especially in price returns over the past five years.