About Garware Hi-Tech Films Limited
Data last updated: 22 December 2025
Garware Hi-Tech Films Limited is a public limited company based in Chhatrapati Sambhajinagar, Maharashtra, India. It specialises in packaging films and foils, a part of the broader packaging sector. Incorporated on 06 June 1957, the company has been in operation for over 69 years.
Registered with ROC Mumbai under CIN L10889MH1957PLC010889. Listed on BSE: 500655 and NSE: GRWRHITECH.
Capital: an authorised share capital of ₹100 Cr and a paid-up capital of ₹23.23 Cr. Formerly known as Garware Plastics and Polyester Limited and Garware Motors and Engineers Private Limited. It is led by directors including Manoj Kishorchandra Sonawala and Devanshi Hemant Nanavati.
Last AGM: 24 September 2025. Financial statements filed for year ended 31 March 2025. Office: Naigaon Post Waluj, Chhatrapati Sambhajinagar, Maharashtra, India – 431133.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,163.76 Cr, a growth of 26% compared to the previous year.
The company has a workforce of approximately 921 employees as per the latest available data.
The company is associated with 2 brands - Garware Poly, Garwarehitechfilms. As per MCA filings, the company has open charges of ₹347.2 Cr and satisfied charges of ₹3,899.43 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website garwarehitechfilms.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered AddressNaigaon Post Waluj, Chhatrapati Sambhajinagar, Maharashtra, India – 431133
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IndustryPackaging, Packaging Films & Foils
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Garware Hi-Tech Films Limited
Garware Hi-Tech Films Limited has undergone 4 name changes throughout its history. The current legal name is Garware Hi-Tech Films Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Garware Hi-Tech Films Limited | Current |
| Garware Plastics And Polyester Limited | Previous |
| Garware Motors And Engineers Private Limited | Previous |
| Garware Plastics Private Limited | Previous |
| Garware Polyester Limited | Previous |
CIN History of Garware Hi-Tech Films Limited
Garware Hi-Tech Films Limited has one previous CIN (Corporate Identification Number): U10889MH1957PLC010889. The current CIN is L10889MH1957PLC010889, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L10889MH1957PLC010889 | Current |
| U10889MH1957PLC010889 | Previous |
Associated Brands with Garware Hi-Tech Films Limited
Garware Hi-Tech Films Limited operates two associated brands: Garware Poly and Garwarehitechfilms. These brands represent Garware Hi-Tech Films Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Specialty polyester films are manufactured for diverse industrial applications. | garwarepoly.com | |
| Specialty polyester films are manufactured for diverse industrial applications. | garwarehitechfilms.com |
Business Activity of Garware Hi-Tech Films Limited
Garware Hi-Tech Films Limited is engaged in the principal business activity of manufacturing, with detailed activities including plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | ********* |
Auditor Details of Garware Hi-Tech Films Limited
Garware Hi-Tech Films Limited is audited by M/s V. Sankar Aiyar & Co (ICAI peer reviewed, certificate valid till 2028-04-30); M/s J H Mehta & Co (ICAI peer reviewed, certificate valid till 2028-01-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| M/s V. Sankar Aiyar & Co (ICAI peer reviewed, certificate valid till 2028-04-30); M/s J H Mehta & Co (ICAI peer reviewed, certificate valid till 2028-01-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Garware Hi-Tech Films Limited
Garware Hi-Tech Films Limited is currently managed by 13 directors, with 37 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
Financials of Garware Hi-Tech Films Limited FY 2026 filings available
Garware Hi-Tech Films Limited reported revenue of ₹2,120.11 Cr (up 0.51% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Revenue from Operations | ₹2,120.11 Cr | ₹2,109.36 Cr | ₹1,677.02 Cr | ₹1,438.01 Cr | ₹1,302.63 Cr |
| Other Income | ₹64.84 Cr | ₹54.4 Cr | ₹39.06 Cr | ₹42.16 Cr | ₹39.43 Cr |
| Total Income | ₹2,184.95 Cr | ₹2,163.76 Cr | ₹1,716.08 Cr | ₹1,480.17 Cr | ₹1,342.06 Cr |
| Cost of Materials Consumed | ₹1,029.2 Cr | ₹981.66 Cr | ₹821.4 Cr | ₹648.36 Cr | ₹597.71 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹73 Cr | -₹7.94 Cr | -₹20.71 Cr | ₹16.43 Cr | -₹67.92 Cr |
| Employee Benefit Expense | ₹194.46 Cr | ₹178.17 Cr | ₹142.67 Cr | ₹121.87 Cr | ₹122.85 Cr |
| Finance Costs | ₹8.2 Cr | ₹8.78 Cr | ₹11.78 Cr | ₹16.99 Cr | ₹18.24 Cr |
| Depreciation & Amortisation | ₹45.13 Cr | ₹41.23 Cr | ₹39.02 Cr | ₹32.41 Cr | ₹28.19 Cr |
| Other Expenses | ₹534.74 Cr | ₹516.38 Cr | ₹451.67 Cr | ₹424.16 Cr | ₹411.93 Cr |
| Total Expenses | ₹1,738.73 Cr | ₹1,718.28 Cr | ₹1,445.83 Cr | ₹1,260.22 Cr | ₹1,111 Cr |
| Profit Before Exceptional Items & Tax | ₹446.22 Cr | ₹445.48 Cr | ₹270.25 Cr | ₹219.95 Cr | ₹231.06 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹446.22 Cr | ₹445.48 Cr | ₹270.25 Cr | ₹219.95 Cr | ₹231.06 Cr |
| Total Tax Expense | ₹107.99 Cr | ₹114.26 Cr | ₹66.96 Cr | ₹53.81 Cr | ₹63.88 Cr |
| Net Profit | ₹338.23 Cr | ₹331.22 Cr | ₹203.29 Cr | ₹166.14 Cr | ₹167.18 Cr |
| attributable to Owners | ₹338.23 Cr | ₹331.22 Cr | ₹203.29 Cr | ₹166.14 Cr | ₹167.18 Cr |
| attributable to NCI | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Comprehensive Income | -₹25.98 Cr | ₹19 Cr | ₹8.92 Cr | ₹1.14 Cr | ₹3.48 Cr |
| Total Comprehensive Income | ₹312.25 Cr | ₹350.22 Cr | ₹212.21 Cr | ₹167.28 Cr | ₹170.66 Cr |
| EBITDA (computed) | ₹499.55 Cr | ₹495.49 Cr | ₹321.05 Cr | ₹269.35 Cr | ₹277.49 Cr |
| Basic EPS | ₹145.59 | ₹142.57 | ₹87.50 | ₹71.51 | ₹71.96 |
| Diluted EPS | ₹145.59 | ₹142.57 | ₹87.50 | ₹71.51 | ₹71.96 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹3,011.19 Cr | ₹2,681.99 Cr | ₹2,323.7 Cr | ₹2,214.34 Cr |
| Non-current Assets | ₹1,715.13 Cr | ₹1,624.71 Cr | ₹1,549.69 Cr | ₹1,563.11 Cr |
| Current Assets | ₹1,295.48 Cr | ₹1,053.12 Cr | ₹765.45 Cr | ₹651.23 Cr |
| Property, Plant & Equipment | ₹1,574.66 Cr | ₹1,441.52 Cr | ₹1,449.2 Cr | ₹1,466 Cr |
| Inventories | ₹389.25 Cr | ₹309.36 Cr | ₹289.75 Cr | ₹198.85 Cr |
| Trade Receivables | ₹53.08 Cr | ₹42 Cr | ₹38.07 Cr | ₹29.95 Cr |
| Cash & Equivalents | ₹126.53 Cr | ₹110.5 Cr | ₹108.31 Cr | ₹59.99 Cr |
| Equity (Net Worth) | ₹2,656.16 Cr | ₹2,371.79 Cr | ₹2,044.8 Cr | ₹1,855.82 Cr |
| Equity Share Capital | ₹23.23 Cr | ₹23.23 Cr | ₹23.23 Cr | ₹23.23 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹75.36 Cr |
| Borrowings (Current) | ₹0 | ₹0 | ₹0 | ₹65.43 Cr |
| Total Debt (computed) | ₹0 | ₹0 | ₹0 | ₹140.79 Cr |
| Current Liabilities | ₹292.39 Cr | ₹247.09 Cr | ₹221.9 Cr | ₹237.63 Cr |
| Total Liabilities | ₹355.03 Cr | ₹310.2 Cr | ₹278.9 Cr | ₹358.52 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹275.33 Cr | ₹329.72 Cr | ₹172.11 Cr | ₹217.96 Cr | ₹172.24 Cr |
| Investing Cash Flow | -₹208.16 Cr | -₹274.5 Cr | ₹46.92 Cr | -₹169.51 Cr | -₹141.27 Cr |
| Financing Cash Flow | -₹59.55 Cr | -₹52.05 Cr | -₹169.36 Cr | -₹89.38 Cr | ₹5.81 Cr |
| Capital Expenditure | ₹161.41 Cr | ₹58.6 Cr | ₹16.83 Cr | ₹70.46 Cr | ₹126.18 Cr |
| Free Cash Flow (computed) | ₹113.92 Cr | ₹271.12 Cr | ₹155.28 Cr | ₹147.5 Cr | ₹46.06 Cr |
| Dividends Paid | ₹27.88 Cr | ₹23.23 Cr | ₹23.23 Cr | ₹23.23 Cr | ₹23.23 Cr |
| Net Change in Cash | ₹16.03 Cr | ₹2.19 Cr | ₹48.32 Cr | -₹39.32 Cr | ₹36.78 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹596.69 Cr | ₹458.74 Cr | ₹569.69 Cr | ₹494.99 Cr | ₹547.94 Cr | ₹466.37 Cr | ₹620.58 Cr | ₹474.47 Cr | ₹446.58 Cr | ₹453.62 Cr | ₹397.11 Cr | ₹379.71 Cr |
| Other Income | ₹21.13 Cr | ₹16.47 Cr | ₹13.86 Cr | ₹13.38 Cr | ₹16.92 Cr | ₹12.5 Cr | ₹13.65 Cr | ₹11.33 Cr | ₹11.51 Cr | ₹9.49 Cr | ₹9.16 Cr | ₹8.9 Cr |
| Total Income | ₹617.82 Cr | ₹475.21 Cr | ₹583.55 Cr | ₹508.37 Cr | ₹564.86 Cr | ₹478.87 Cr | ₹634.23 Cr | ₹485.8 Cr | ₹458.09 Cr | ₹463.11 Cr | ₹406.27 Cr | ₹388.61 Cr |
| Cost of Materials Consumed | ₹303.29 Cr | ₹236.88 Cr | ₹248.6 Cr | ₹240.43 Cr | ₹252.8 Cr | ₹217.57 Cr | ₹282.22 Cr | ₹229.07 Cr | ₹214.41 Cr | ₹227.95 Cr | ₹207.61 Cr | ₹171.43 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹35.44 Cr | -₹24.96 Cr | ₹21.55 Cr | -₹34.15 Cr | ₹9.83 Cr | -₹96 Lakh | ₹25.2 Cr | -₹42.01 Cr | -₹7.37 Cr | -₹1.81 Cr | -₹19.68 Cr | ₹8.15 Cr |
| Employee Benefit Expense | ₹50.3 Cr | ₹48.82 Cr | ₹46.9 Cr | ₹48.44 Cr | ₹49.27 Cr | ₹45.11 Cr | ₹43.16 Cr | ₹40.63 Cr | ₹37.21 Cr | ₹37.19 Cr | ₹32.97 Cr | ₹35.3 Cr |
| Finance Costs | ₹2.19 Cr | ₹1.86 Cr | ₹2.1 Cr | ₹2.05 Cr | ₹2.18 Cr | ₹2.41 Cr | ₹2.16 Cr | ₹2.03 Cr | ₹1.92 Cr | ₹1.88 Cr | ₹3.65 Cr | ₹4.33 Cr |
| Depreciation & Amortisation | ₹11.99 Cr | ₹11.76 Cr | ₹10.81 Cr | ₹10.57 Cr | ₹10.36 Cr | ₹10.25 Cr | ₹10.2 Cr | ₹10.42 Cr | ₹9.71 Cr | ₹9.75 Cr | ₹9.72 Cr | ₹9.84 Cr |
| Other Expenses | ₹143.1 Cr | ₹127.74 Cr | ₹133.2 Cr | ₹130.7 Cr | ₹131.59 Cr | ₹123.48 Cr | ₹133.17 Cr | ₹128.14 Cr | ₹124.14 Cr | ₹115.19 Cr | ₹111.34 Cr | ₹101 Cr |
| Total Expenses | ₹475.43 Cr | ₹402.1 Cr | ₹463.16 Cr | ₹398.04 Cr | ₹456.03 Cr | ₹397.86 Cr | ₹496.11 Cr | ₹368.28 Cr | ₹380.02 Cr | ₹390.15 Cr | ₹345.61 Cr | ₹330.05 Cr |
| Profit Before Exceptional Items & Tax | ₹142.39 Cr | ₹73.11 Cr | ₹120.39 Cr | ₹110.33 Cr | ₹108.83 Cr | ₹81.01 Cr | ₹138.12 Cr | ₹117.52 Cr | ₹78.07 Cr | ₹72.96 Cr | ₹60.66 Cr | ₹58.56 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹142.39 Cr | ₹73.11 Cr | ₹120.39 Cr | ₹110.33 Cr | ₹108.83 Cr | ₹81.01 Cr | ₹138.12 Cr | ₹117.52 Cr | ₹78.07 Cr | ₹72.96 Cr | ₹60.66 Cr | ₹58.56 Cr |
| Total Tax Expense | ₹34.18 Cr | ₹17.34 Cr | ₹29.16 Cr | ₹27.31 Cr | ₹31.03 Cr | ₹20.2 Cr | ₹33.86 Cr | ₹29.17 Cr | ₹20.26 Cr | ₹17.08 Cr | ₹14.75 Cr | ₹14.87 Cr |
| Net Profit | ₹108.21 Cr | ₹55.77 Cr | ₹91.23 Cr | ₹83.02 Cr | ₹77.8 Cr | ₹60.81 Cr | ₹104.26 Cr | ₹88.35 Cr | ₹57.81 Cr | ₹55.88 Cr | ₹45.91 Cr | ₹43.69 Cr |
| attributable to Owners | ₹108.21 Cr | ₹55.77 Cr | ₹91.23 Cr | ₹83.02 Cr | ₹77.8 Cr | - | ₹104.26 Cr | ₹88.35 Cr | ₹57.81 Cr | ₹55.88 Cr | ₹45.91 Cr | ₹43.69 Cr |
| attributable to NCI | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | - | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Comprehensive Income | -₹7.92 Cr | -₹6.42 Cr | -₹19.73 Cr | ₹8.09 Cr | -₹9.99 Cr | ₹13.69 Cr | ₹3.13 Cr | ₹12.17 Cr | ₹15 Lakh | ₹4.65 Cr | -₹95 Lakh | ₹5.07 Cr |
| Total Comprehensive Income | ₹100.29 Cr | ₹49.35 Cr | ₹71.5 Cr | ₹91.11 Cr | ₹67.81 Cr | ₹74.5 Cr | ₹107.39 Cr | ₹100.52 Cr | ₹57.96 Cr | ₹60.53 Cr | ₹44.96 Cr | ₹48.76 Cr |
| EBITDA (computed) | ₹156.57 Cr | ₹86.73 Cr | ₹133.3 Cr | ₹122.95 Cr | ₹121.37 Cr | ₹93.67 Cr | ₹150.48 Cr | ₹129.97 Cr | ₹89.7 Cr | ₹84.59 Cr | ₹74.03 Cr | ₹72.73 Cr |
| Basic EPS | ₹46.58 | ₹24.01 | ₹39.27 | ₹35.73 | ₹33.49 | ₹26.17 | ₹44.88 | ₹38.03 | ₹24.88 | ₹24.05 | ₹19.76 | ₹18.81 |
| Diluted EPS | ₹46.58 | ₹24.01 | ₹39.27 | ₹35.73 | ₹33.49 | ₹26.17 | ₹44.88 | ₹38.03 | ₹24.88 | ₹24.05 | ₹19.76 | ₹18.81 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Revenue from Operations | ₹1,947.56 Cr | ₹1,995.45 Cr | ₹1,581.65 Cr | ₹1,311.24 Cr | ₹1,263.96 Cr |
| Other Income | ₹96.59 Cr | ₹76.19 Cr | ₹38.72 Cr | ₹40.37 Cr | ₹39.55 Cr |
| Total Income | ₹2,044.15 Cr | ₹2,071.64 Cr | ₹1,620.37 Cr | ₹1,351.61 Cr | ₹1,303.51 Cr |
| Cost of Materials Consumed | ₹917.85 Cr | ₹934.78 Cr | ₹792.86 Cr | ₹602.76 Cr | ₹569.24 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹25.98 Cr | -₹3.7 Cr | -₹14.26 Cr | -₹1.69 Cr | -₹37.7 Cr |
| Employee Benefit Expense | ₹160.31 Cr | ₹149.43 Cr | ₹118.18 Cr | ₹100.17 Cr | ₹104.24 Cr |
| Finance Costs | ₹5.35 Cr | ₹6.47 Cr | ₹10.1 Cr | ₹15.31 Cr | ₹17.15 Cr |
| Depreciation & Amortisation | ₹43.95 Cr | ₹40.34 Cr | ₹38.16 Cr | ₹31.69 Cr | ₹28.07 Cr |
| Other Expenses | ₹508.26 Cr | ₹496.81 Cr | ₹435.4 Cr | ₹407.73 Cr | ₹399.92 Cr |
| Total Expenses | ₹1,609.74 Cr | ₹1,624.13 Cr | ₹1,380.44 Cr | ₹1,155.97 Cr | ₹1,080.92 Cr |
| Profit Before Exceptional Items & Tax | ₹434.41 Cr | ₹447.51 Cr | ₹239.93 Cr | ₹195.64 Cr | ₹222.59 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹434.41 Cr | ₹447.51 Cr | ₹239.93 Cr | ₹195.64 Cr | ₹222.59 Cr |
| Total Tax Expense | ₹99.68 Cr | ₹108.59 Cr | ₹59 Cr | ₹48.04 Cr | ₹62.38 Cr |
| Net Profit | ₹334.73 Cr | ₹338.92 Cr | ₹180.93 Cr | ₹147.6 Cr | ₹160.21 Cr |
| Other Comprehensive Income | -₹31.13 Cr | ₹16.74 Cr | ₹7.51 Cr | ₹1.14 Cr | ₹3.48 Cr |
| Total Comprehensive Income | ₹303.6 Cr | ₹355.66 Cr | ₹188.44 Cr | ₹148.74 Cr | ₹163.69 Cr |
| EBITDA (computed) | ₹483.71 Cr | ₹494.32 Cr | ₹288.19 Cr | ₹242.64 Cr | ₹267.81 Cr |
| Basic EPS | ₹144.08 | ₹145.88 | ₹77.88 | ₹63.53 | ₹68.96 |
| Diluted EPS | ₹144.08 | ₹145.88 | ₹77.88 | ₹63.53 | ₹68.96 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹2,933.15 Cr | ₹2,620.16 Cr | ₹2,257.2 Cr | ₹2,177.54 Cr |
| Non-current Assets | ₹1,711.47 Cr | ₹1,621.63 Cr | ₹1,549.96 Cr | ₹1,562.79 Cr |
| Current Assets | ₹1,221.1 Cr | ₹994.37 Cr | ₹698.68 Cr | ₹614.75 Cr |
| Property, Plant & Equipment | ₹1,570.61 Cr | ₹1,437.1 Cr | ₹1,448.13 Cr | ₹1,464.35 Cr |
| Inventories | ₹288.99 Cr | ₹256.61 Cr | ₹241.24 Cr | ₹156.79 Cr |
| Trade Receivables | ₹194.29 Cr | ₹142.11 Cr | ₹122.51 Cr | ₹82.42 Cr |
| Cash & Equivalents | ₹45.14 Cr | ₹19.36 Cr | ₹14.98 Cr | ₹19.94 Cr |
| Equity (Net Worth) | ₹2,586.75 Cr | ₹2,311.03 Cr | ₹1,978.6 Cr | ₹1,813.4 Cr |
| Equity Share Capital | ₹23.23 Cr | ₹23.23 Cr | ₹23.23 Cr | ₹23.23 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹75.36 Cr |
| Borrowings (Current) | ₹0 | ₹0 | ₹0 | ₹65.43 Cr |
| Total Debt (computed) | ₹0 | ₹0 | ₹0 | ₹140.79 Cr |
| Current Liabilities | ₹273.16 Cr | ₹237.86 Cr | ₹213.97 Cr | ₹235.13 Cr |
| Total Liabilities | ₹346.4 Cr | ₹309.13 Cr | ₹278.6 Cr | ₹364.14 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹262.29 Cr | ₹306.44 Cr | ₹116.68 Cr | ₹242.52 Cr | ₹138.47 Cr |
| Investing Cash Flow | -₹180.67 Cr | -₹253.02 Cr | ₹45.38 Cr | -₹169.55 Cr | -₹141.26 Cr |
| Financing Cash Flow | -₹55.84 Cr | -₹49.04 Cr | -₹167.02 Cr | -₹87.12 Cr | ₹6.9 Cr |
| Capital Expenditure | ₹161.06 Cr | ₹58.55 Cr | ₹16.77 Cr | ₹70.09 Cr | ₹126.14 Cr |
| Free Cash Flow (computed) | ₹101.23 Cr | ₹247.89 Cr | ₹99.91 Cr | ₹172.43 Cr | ₹12.33 Cr |
| Dividends Paid | ₹27.88 Cr | ₹23.23 Cr | ₹23.23 Cr | ₹23.23 Cr | ₹23.23 Cr |
| Net Change in Cash | ₹25.78 Cr | ₹4.38 Cr | -₹4.96 Cr | -₹14.15 Cr | ₹4.11 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹532.07 Cr | ₹451.03 Cr | ₹511.82 Cr | ₹452.64 Cr | ₹515.67 Cr | ₹441.83 Cr | ₹588.83 Cr | ₹449.12 Cr | ₹439.1 Cr | ₹432.53 Cr | ₹384.66 Cr | ₹325.36 Cr |
| Other Income | ₹22.54 Cr | ₹17.1 Cr | ₹42.85 Cr | ₹14.1 Cr | ₹15.42 Cr | ₹19.27 Cr | ₹13.42 Cr | ₹28.08 Cr | ₹11.21 Cr | ₹9.04 Cr | ₹8.79 Cr | ₹9.68 Cr |
| Total Income | ₹554.61 Cr | ₹468.13 Cr | ₹554.67 Cr | ₹466.74 Cr | ₹531.09 Cr | ₹461.1 Cr | ₹602.25 Cr | ₹477.2 Cr | ₹450.31 Cr | ₹441.57 Cr | ₹393.45 Cr | ₹335.04 Cr |
| Cost of Materials Consumed | ₹249.87 Cr | ₹219.94 Cr | ₹221.87 Cr | ₹226.17 Cr | ₹240.46 Cr | ₹207.33 Cr | ₹269.19 Cr | ₹217.8 Cr | ₹206.3 Cr | ₹219.84 Cr | ₹202.03 Cr | ₹164.69 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹19.24 Cr | ₹3.53 Cr | ₹23.58 Cr | -₹33.85 Cr | ₹8.04 Cr | ₹1.23 Cr | ₹29.89 Cr | -₹42.86 Cr | ₹4.51 Cr | ₹2.34 Cr | -₹13.41 Cr | -₹7.7 Cr |
| Employee Benefit Expense | ₹41.36 Cr | ₹40.52 Cr | ₹38.5 Cr | ₹39.93 Cr | ₹39.75 Cr | ₹38.03 Cr | ₹36.96 Cr | ₹34.69 Cr | ₹30.86 Cr | ₹30.7 Cr | ₹27.34 Cr | ₹29.28 Cr |
| Finance Costs | ₹1.52 Cr | ₹1.27 Cr | ₹1.27 Cr | ₹1.29 Cr | ₹1.6 Cr | ₹1.87 Cr | ₹1.55 Cr | ₹1.45 Cr | ₹1.47 Cr | ₹1.5 Cr | ₹3.24 Cr | ₹3.89 Cr |
| Depreciation & Amortisation | ₹11.69 Cr | ₹11.45 Cr | ₹10.51 Cr | ₹10.3 Cr | ₹10.12 Cr | ₹10.03 Cr | ₹9.98 Cr | ₹10.21 Cr | ₹9.49 Cr | ₹9.53 Cr | ₹9.51 Cr | ₹9.63 Cr |
| Other Expenses | ₹136.46 Cr | ₹120.98 Cr | ₹127.03 Cr | ₹123.79 Cr | ₹128.02 Cr | ₹117.21 Cr | ₹128.14 Cr | ₹123.44 Cr | ₹120.82 Cr | ₹110.36 Cr | ₹107.11 Cr | ₹97.11 Cr |
| Total Expenses | ₹421.66 Cr | ₹397.69 Cr | ₹422.76 Cr | ₹367.63 Cr | ₹427.99 Cr | ₹375.7 Cr | ₹475.71 Cr | ₹344.73 Cr | ₹373.45 Cr | ₹374.27 Cr | ₹335.82 Cr | ₹296.9 Cr |
| Profit Before Exceptional Items & Tax | ₹132.95 Cr | ₹70.44 Cr | ₹131.91 Cr | ₹99.11 Cr | ₹103.1 Cr | ₹85.4 Cr | ₹126.54 Cr | ₹132.47 Cr | ₹76.86 Cr | ₹67.3 Cr | ₹57.63 Cr | ₹38.14 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹132.95 Cr | ₹70.44 Cr | ₹131.91 Cr | ₹99.11 Cr | ₹103.1 Cr | ₹85.4 Cr | ₹126.54 Cr | ₹132.47 Cr | ₹76.86 Cr | ₹67.3 Cr | ₹57.63 Cr | ₹38.14 Cr |
| Total Tax Expense | ₹32.81 Cr | ₹16.96 Cr | ₹25.39 Cr | ₹24.52 Cr | ₹29.47 Cr | ₹19.87 Cr | ₹30.81 Cr | ₹28.44 Cr | ₹18.81 Cr | ₹16.65 Cr | ₹14.01 Cr | ₹9.53 Cr |
| Net Profit | ₹100.14 Cr | ₹53.48 Cr | ₹106.52 Cr | ₹74.59 Cr | ₹73.63 Cr | ₹65.53 Cr | ₹95.73 Cr | ₹104.03 Cr | ₹58.05 Cr | ₹50.65 Cr | ₹43.62 Cr | ₹28.61 Cr |
| Other Comprehensive Income | -₹9.05 Cr | -₹6.62 Cr | -₹21.44 Cr | ₹5.98 Cr | -₹10.9 Cr | ₹14.67 Cr | ₹1.17 Cr | ₹11.8 Cr | ₹38 Lakh | ₹3.11 Cr | -₹41 Lakh | ₹4.43 Cr |
| Total Comprehensive Income | ₹91.09 Cr | ₹46.86 Cr | ₹85.08 Cr | ₹80.57 Cr | ₹62.73 Cr | ₹80.2 Cr | ₹96.9 Cr | ₹115.83 Cr | ₹58.43 Cr | ₹53.76 Cr | ₹43.21 Cr | ₹33.04 Cr |
| EBITDA (computed) | ₹146.16 Cr | ₹83.16 Cr | ₹143.69 Cr | ₹110.7 Cr | ₹114.82 Cr | ₹97.3 Cr | ₹138.07 Cr | ₹144.13 Cr | ₹87.82 Cr | ₹78.33 Cr | ₹70.38 Cr | ₹51.66 Cr |
| Basic EPS | ₹43.10 | ₹23.02 | ₹45.85 | ₹32.11 | ₹31.69 | ₹28.21 | ₹41.21 | ₹44.78 | ₹24.99 | ₹21.80 | ₹18.78 | ₹12.31 |
| Diluted EPS | ₹43.10 | ₹23.02 | ₹45.85 | ₹32.11 | ₹31.69 | ₹28.21 | ₹41.21 | ₹44.78 | ₹24.99 | ₹21.80 | ₹18.78 | ₹12.31 |
Shareholding Pattern of Garware Hi-Tech Films Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 60.72%, foreign institutional investors hold 3.98%, domestic institutional investors hold 5.27%, retail and other public shareholders hold 30.03% of Garware Hi-Tech Films Limited. The company had 54,492 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 60.72% | 60.72% | 60.72% | 60.72% | 60.72% | 60.72% |
| Public | 39.28% | 39.28% | 39.28% | 39.28% | 39.28% | 39.28% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|---|---|
| Promoters | 60.72% | 60.72% | 60.72% | 60.72% | 60.72% |
| Public | 39.28% | 39.28% | 39.28% | 39.28% | 39.28% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | +0.00 | +0.00 | - |
Board & Governance of Garware Hi-Tech Films Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Garware Hi-Tech Films Limited has 12 directors - 6 independent and 5 executive. The board is chaired by SHASHIKANT BHALCHANDRA GARWARE.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| SHASHIKANT BHALCHANDRA GARWARE | Executive Director · MD · Chairperson | 1957-06-06 | 1 |
| MONIKA GARWARE | Executive Director · MD | 1989-03-31 | 1 |
| SARITA GARWARE RAMSAY | Executive Director · MD | 1993-12-24 | 1 |
| SONIA GARWARE | Non-Executive - Non Independent Director | 2007-01-31 | 1 |
| VIVEKANAND HEROOR KAMATH | Non-Executive - Independent Director | 2018-08-08 | 1 |
| DEVANSHI HEMANT NANAVATI | Non-Executive - Independent Director | 2020-06-25 | 1 |
| NAYAN JAGDISHCHANDRA RAWAL | Non-Executive - Independent Director | 2024-04-01 | 1 |
| DEEPAK NITYANAND CHAWLA | Non-Executive - Independent Director | 2024-04-01 | 1 |
| MANOJ KISHORCHANDRA SONAWALA | Non-Executive - Independent Director | 2024-04-01 | 1 |
| CHIRAG HIMATLAL DOSHI | Non-Executive - Independent Director | 2024-09-01 | 4 |
| UDAY VASANTRAO JOSHI | Executive Director | 2026-02-01 | 1 |
| MOHAN SITARAM ADSUL | Executive Director | 2023-08-11 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | CHIRAG HIMATLAL DOSHI (Chairperson), VIVEKANAND HEROOR KAMATH, NAYAN JAGDISHCHANDRA RAWAL, MANOJ KISHORCHANDRA SONAWALA |
| Nomination and remuneration committee | DEEPAK NITYANAND CHAWLA (Chairperson), DEVANSHI HEMANT NANAVATI, MANOJ KISHORCHANDRA SONAWALA |
| Stakeholders Relationship Committee | NAYAN JAGDISHCHANDRA RAWAL (Chairperson), VIVEKANAND HEROOR KAMATH, UDAY VASANTRAO JOSHI, MOHAN SITARAM ADSUL |
| Risk Management Committee | CHIRAG HIMATLAL DOSHI (Chairperson), MOHAN SITARAM ADSUL, NAYAN JAGDISHCHANDRA RAWAL, DEEPAK JOSHI, ABHISHEK AGARWAL, UDAY VASANTRAO JOSHI |
| Corporate Social Responsibility Committee | MANOJ KISHORCHANDRA SONAWALA (Chairperson), MOHAN SITARAM ADSUL, DEVANSHI HEMANT NANAVATI, UDAY VASANTRAO JOSHI |
| Vigil Mechanism | CHIRAG HIMATLAL DOSHI (Chairperson), MOHAN SITARAM ADSUL, VIVEKANAND HEROOR KAMATH, DEEPAK NITYANAND CHAWLA, UDAY VASANTRAO JOSHI |
Charges & Borrowings of Garware Hi-Tech Films Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Mar 1997 | Indian Overseas Bank | ₹347.2 Cr | Open |
| 29 Dec 2023 | Indian Overseas Bank | ₹2.37 Cr | Satisfied |
| 29 Dec 2023 | Indian Overseas Bank | ₹2.37 Cr | Satisfied |
| 24 Jun 2022 | Hdfc Bank Limited | ₹68.95 Lakh | Satisfied |
| 22 Sep 2021 | Hdfc Bank Limited | ₹30.2 Lakh | Satisfied |
Total charge records: 203 View all charges
Employees and EPFO Compliance at Garware Hi-Tech Films Limited
Garware Hi-Tech Films Limited has a workforce of 921 employees as of Apr 07, 2024.
Employee Count & EPFO Data of Garware Hi-Tech Films Limited
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GST Compliance of Garware Hi-Tech Films Limited
GSTIN & GST Filing Data of Garware Hi-Tech Films Limited
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Credit Ratings, Litigation & Regulatory Alerts for Garware Hi-Tech Films Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Garware Hi-Tech Films Limited
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MSME Payment Delays by Garware Hi-Tech Films Limited
MSME Payment Delays by Garware Hi-Tech Films Limited
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Subsidiaries & Group Companies of Garware Hi-Tech Films Limited
Subsidiaries & Group Companies of Garware Hi-Tech Films Limited
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MCA Filings & Documents of Garware Hi-Tech Films Limited
MCA Filings & Documents of Garware Hi-Tech Films Limited
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Recent Activity on Garware Hi-Tech Films Limited
Recent News on Garware Hi-Tech Films Limited
Frequently Asked Questions about Garware Hi-Tech Films Limited
Garware Hi-Tech Films Limited is an active public limited company in the packaging sector based in Chhatrapati Sambhajinagar, Maharashtra, India. It was incorporated on 06 June 1957 (69+ years old) and is registered under CIN L10889MH1957PLC010889. Listed on BSE: 500655 and NSE: GRWRHITECH. The company has 921 employees.
Garware Hi-Tech Films Limited reported revenue of ₹2,163.76 Cr for FY 2025 (up 26.00% YoY).
The current directors of Garware Hi-Tech Films Limited are:
- Manoj Kishorchandra Sonawala
- Devanshi Hemant Nanavati
- Deepak Nityanand Chawla
- Sonia Garware
- Monika Garware
- Nayan Jagdishchandra Rawal
- Mohan Sitaram Adsul
- Awaneesh Kumar Srivastava
- Chirag Himatlal Doshi
- Vivekanand Heroor Kamath
- Shashikant Bhalchandra Garware
- Sarita Ramsay Garware
- Abhishek Vinodkumar Agarwal
The primary industry of Garware Hi-Tech Films Limited is packaging. The company specifically operates in packaging films and foils. The company is currently active in this sector.
Yes. Garware Hi-Tech Films Limited is listed on both BSE (code: 500655) and NSE (symbol: GRWRHITECH).
Garware Hi-Tech Films Limited can be reached at the registered office: Naigaon Post Waluj, Chhatrapati Sambhajinagar, Maharashtra, India – 431133, or through the website garwarehitechfilms.com.