Garware Hi Tech Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book
Published 25 Aug 2026 | Industrial Products | Market Cap: ₹16.5K Cr
Garware Hi-Tech Films is confident of achieving INR 2,500 crores+ revenue in the current year (FY27). Revenue guidance for FY27 is INR 2,500+ crores with expected 15%-20% CAGR over the next 3-4 years.
From Garware Hi Tech's Q1 FY27 earnings-call transcript · updated 25 Aug 2026.
Price
₹7,239
Market Cap
₹16.5K Cr
P/E Ratio
42.7
Revenue Rank
Margin Rank
How does Garware Hi Tech rank in Industrial Products?
Compare Garware Hi Tech against every Industrial Products company this quarter on revenue, margins and earnings-call signals.
Garware Hi Tech — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹597 Cr, net profit ₹108 Cr.
Full financials →📊 Revenue & Sales Performance
Rank 3- →Garware Hi-Tech Films is confident of achieving INR 2,500 crores+ revenue in the current year (FY27).
- →The company guides for a sustained growth rate of 15% to 20% annually over the next 3-4 years.
- →Based on current projections, revenue is expected to reach approximately INR 3,500 crores within 3-4 years.
- →Growth is driven by increasing share of high-value specialty products and expanding product portfolio (e.g., TPU-based films).
- →Expansion of Garware Home Solutions with plans to open 50 studios by end of FY27, enhancing direct-to-consumer reach.
- →Strengthening global presence in key markets such as the U.S., Middle East, Europe, and India.
- →Continued focus on innovation, R&D, and manufacturing capacity to support higher volume and revenue growth.
📈 Profitability & Margins
Rank 2- →Revenue guidance for FY27 is INR 2,500+ crores with expected 15%-20% CAGR over the next 3-4 years.
- →Company projects reaching approximately INR 3,500 crores revenue in 3-4 years.
- →EBITDA margins are expected to be steady at 25%+ with focus on sustaining or improving margins.
- →The specialty high-value product mix and strategic product launches (e.g., TPU, Sun Control films) will drive margin expansion and revenue growth.
- →Expansion of Garware Application Studios and Garware Home Solutions is expected to increase customer engagement and sales.
- →Continuous innovation and backward-forward integration efforts aim at higher operating leverage and efficiency.
- →Long-term structural improvements and global market growth (especially US, Middle East, Germany) contribute positively.
- →Expected steady profit growth aligned with revenue and margin expansion strategy.
- →Management confidence is high; no reliance on exceptional items but on sustainable operational performance.
🏗️ Capital Expenditure Plans
Yes- →The company is aggressively working on capital expenditure to enhance manufacturing capabilities, aiming for full backward and forward integration to maintain quality and margins.
- →A new TPU project is on track for commissioning in Q3 FY27, enabling next-gen TPU-based specialty products.
- →An investment of INR192 crores has been announced for a state-of-the-art sun control film manufacturing line with advanced robotics and automation, adding around 1,200 lakh sq. ft. annual capacity. This facility is expected to start commercial production in H1 FY28.
- →The company is also evaluating inorganic growth opportunities (acquisitions) to complement its organic expansion.
- →Capex priorities include strengthening raw material to end-product systems to build a robust manufacturing setup.
- →These investments support domestic and export growth, sustainability, innovation, and margin expansion plans going forward.
💰 Fundraising & Capital Structure
No information- →Management is currently focusing on inorganic growth opportunities and evaluating potential strategic investments, which may require additional capital.
- →There is a strong emphasis on enhancing manufacturing capabilities through significant capex to support margin improvement and long-term growth.
- →No explicit mention of immediate fundraising via debt or equity in the call.
- →The company prioritizes utilizing existing cash reserves (around INR 850 crores) effectively for growth and strengthening operations before considering external fundraising.
- →Future capex and investments may lead to announcements related to fundraising, but none are currently declared.
📋 Order Book & Pipeline
No informationKey Metrics
Revenue
Margin
Capex
Fundraise
Order Book
Frequently Asked Questions
What were Garware Hi Tech Q1 FY27 results?
Garware Hi-Tech Films is confident of achieving INR 2,500 crores+ revenue in the current year (FY27). Revenue guidance for FY27 is INR 2,500+ crores with expected 15%-20% CAGR over the next 3-4 years.
What is Garware Hi Tech share price analysis?
Garware Hi Tech currently shows a below-average growth signal. The stock trades at a P/E of 42.7 with a market cap of ₹16,550 Cr. Investors should review the full earnings analysis for detailed insights.
Is Garware Hi Tech planning capital expenditure?
The company is aggressively working on capital expenditure to enhance manufacturing capabilities, aiming for full backward and forward integration to maintain quality and margins. - A new TPU project is on track for commissioning in Q3 FY27, enabling next-gen TPU-based specialty products. - An investment of INR192 crores has been announced for a state-of-the-art sun control film manufacturing line with advanced robotics and automation, adding around 1,200 lakh sq.
Keep Garware Hi Tech on your radar — track it to get its next earnings analysis in your feed.
This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.