Garware Hi Tech Films Ltd Share Price ₹6,132

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Garware Hi Tech Films Ltd

Quarter-by-quarter operating performance

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales +	349	380	397	454	447	474	621	466	548	495	570	459	597
Expenses +	296	316	332	379	368	356	484	385	443	385	450	388	461
Operating Profit	53	64	65	75	78	119	137	81	104	110	119	70	135
OPM %	15%	17%	16%	17%	18%	25%	22%	17%	19%	22%	21%	15%	23%
Other Income +	17	9	9	9	12	11	14	12	17	13	14	16	21
Interest	5	4	4	2	2	2	2	2	2	2	2	2	2
Depreciation	10	10	10	10	10	10	10	10	10	11	11	12	12
Profit before tax	56	59	61	73	78	118	138	81	109	110	120	73	142
Tax %	23%	25%	24%	23%	26%	25%	25%	25%	29%	25%	24%	24%	24%
Net Profit +	43	44	46	56	58	88	104	61	78	83	91	56	108
EPS in Rs	18.54	18.81	19.76	24.05	24.88	38.03	44.88	26.17	33.49	35.73	39.27	24.01	46.58

Financials of Garware Hi Tech Films Ltd

Annual income statement trend

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Sales +	896	857	874	833	948	925	989	1,303	1,438	1,677	2,109	2,120
Expenses +	836	776	801	750	804	763	770	1,065	1,211	1,395	1,668	1,685
Operating Profit	60	81	73	83	144	162	219	238	227	282	441	435
OPM %	7%	9%	8%	10%	15%	17%	22%	18%	16%	17%	21%	20%
Other Income +	27	6	8	5	9	12	15	39	42	39	54	65
Interest	44	44	33	25	19	18	20	18	17	12	9	8
Depreciation	15	17	14	14	14	20	24	28	32	39	41	45
Profit before tax	27	27	34	50	120	135	190	231	220	270	445	446
Tax %	35%	38%	33%	34%	32%	36%	34%	28%	24%	25%	26%	24%
Net Profit +	18	16	22	33	82	86	126	167	166	203	331	338
EPS in Rs	7.64	7.08	9.66	14.26	35.14	37.03	54.21	71.96	71.51	87.50	142.57	145.59
Dividend Payout %	0%	0%	10%	14%	28%	27%	18%	14%	14%	11%	8%	8%

Financials of Garware Hi Tech Films Ltd

Capital structure and asset base

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	23	23	23	23	23	23	23	23	23	23	23	23
Reserves	545	562	1,231	1,269	1,349	1,380	1,540	1,688	1,833	2,022	2,349	2,633
Borrowings +	368	315	312	171	149	147	138	182	141	0	0	16
Other Liabilities +	105	119	87	107	125	128	167	240	218	279	310	339
Total Liabilities	1,042	1,020	1,653	1,570	1,646	1,679	1,868	2,133	2,214	2,324	2,682	3,011
Fixed Assets +	649	648	1,231	1,226	1,238	1,279	1,329	1,341	1,467	1,450	1,442	1,578
CWIP	11	5	8	10	11	20	11	96	10	2	39	26
Investments	1	1	29	36	120	116	226	274	393	363	643	698
Other Assets +	381	366	386	298	277	264	302	423	344	508	557	710
Total Assets	1,042	1,020	1,653	1,570	1,646	1,679	1,868	2,133	2,214	2,324	2,682	3,011

Financials of Garware Hi Tech Films Ltd

Operating, investing and financing cash movement

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	91	101	77	134	141	99	199	172	218	172	330	275
Cash from Investing Activity +	-20	-5	-12	-5	-101	-44	-126	-141	-168	46	-275	-208
Cash from Financing Activity +	-107	-96	-40	-172	-49	-64	-36	6	-89	-169	-52	-60
Net Cash Flow	-36	0	25	-43	-8	-9	38	37	-39	48	2	8
Free Cash Flow	63	92	61	124	115	45	139	64	152	156	276	114
CFO/OP	165%	131%	117%	174%	116%	79%	109%	90%	117%	84%	100%	83%

Financials of Garware Hi Tech Films Ltd

Working capital efficiency and return ratios

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	20	17	26	17	22	21	16	9	8	8	7	9
Inventory Days	93	111	90	82	70	100	128	145	109	132	116	149
Days Payable	30	36	39	54	68	62	89	76	57	73	55	69
Cash Conversion Cycle	82	91	77	44	24	58	54	79	60	67	68	89
Working Capital Days	-58	-58	-65	17	5	17	9	8	7	36	28	146
ROCE %	7%	8%	5%	5%	9%	10%	13%	13%	12%	14%	21%	18%