Garware Hi-Tech Films Limited - Company Profile

Q: Who are the current directors of Garware Hi-Tech Films Limited?

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.

It is a packaging public limited company based in Chhatrapati Sambhajinagar, Maharashtra, India, established in 1957.

1957 Chhatrapati Sambhajinagar, Maharashtra, India Active

Last Updated: December 22, 2025

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About Garware Hi-Tech Films Limited

Garware Hi-Tech Films Limited, a active public limited company, was established on 06 June 1957 in Chhatrapati Sambhajinagar, Maharashtra, India. Engaging in packaging films & foils within the manufacturing sector, it holds CIN: L10889MH1957PLC010889. Registered under ROC Roc Mumbai. it is listed on BSE: 500655 and NSE: GRWRHITECH. It has an authorized capital of ₹100.00 Cr and a paid-up capital of ₹23.23 Cr.

Formerly known as Garware Plastics And Polyester Limited, Garware Motors And Engineers Private Limited. It upholds a compliant status. In 2023, it reported revenue of ₹1,351.61 Cr and a net worth of ₹1,813.40 Cr. Employing 921 professional, Its leadership includes Manoj Kishorchandra Sonawala (Director), Devanshi Hemant Nanavati (Director), Deepak Nityanand Chawla (Director). Past directors included Nilesh Ramanlal Doshi, Dilip Jayantilal Thakkar, Manoj Gupta. It holds ₹347.20 Cr open charges and ₹3,899.43 Cr settled loans. Its latest AGM occurred on 24 September 2025, with the balance sheet filed on 31 March 2025. It is based at Naigaon, Post, Waluj, Chhatrapati Sambhajinagar, Maharashtra, 431133.

Company Details

CIN/LLPIN
L10889MH1957PLC010889
Registration Number
010889
Incorporation Date
06 June 1957
Authorized Capital
₹100.00 Cr
Paid-Up Capital
₹23.23 Cr
ROC Code
Roc Mumbai
Listing Status
Listed (BSE: 500655, NSE: GRWRHITECH)
Company Status
Active

Key Metrics

Authorised Capital ₹ 100.00 Cr as on 22-12-2025
Paid Up Capital ₹ 23.23 Cr as on 22-12-2025
Company Age 68 Year, 8 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 347.20 Cr as on 22-12-2025
Satisfied Charges ₹ 3,899.43 Cr as on 22-12-2025
Revenue Growth **** 3.69% (FY 2023)
Profit Growth **** -7.87% (FY 2023)
Ebitda **** -11.39% (FY 2023)
Net Worth 7.44% (FY 2023)
Total Assets **** 3.49% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Garware Hi-Tech Films Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Garware Hi-Tech Films Limited?

Current Directors

Name	Designation	Appointment Date	Status
Manoj Kishorchandra Sonawala	Director	01 Apr 2024	Current
Devanshi Hemant Nanavati	Director	25 Jun 2020	Current
Deepak Nityanand Chawla	Director	01 Apr 2024	Current
Sonia Garware	Director	31 Jan 2007	Current
Monika Garware	Managing Director	31 Mar 1989	Current
Nayan Jagdishchandra Rawal	Director	01 Apr 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	31 Oct 2019	Past
Pramod Abcsdd	Director	28 May 2014	Past
Pramod Abcsdd	Cfo	03 Dec 2018	Past
Pramod Abcsdd	Additional Director	25 Sep 2014	Past
Pramod Abcsdd	Whole-Time Director	27 Dec 2011	Past
Pramod Abcsdd	Additional Director	06 May 2024	Past

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Financial Performance of Garware Hi-Tech Films.

Garware Hi-Tech Films Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.69% increase. The company also saw a slight decrease in profitability, with a 7.87% decrease in profit. The company's net worth moved up by a moderate rise of 7.44%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

3.69%

*******

Revenue from Operations

*******

3.74%

*******

Total Assets

*******

3.49%

*******

Profit or Loss

*******

-7.87%

*******

Net Worth

*******

7.44%

*******

EBITDA

*******

-11.39%

*******

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What is the Ownership and Shareholding Structure of Garware Hi-Tech Films?

In 2023, Garware Hi-Tech Films had a promoter holding of 60.73% and a public holding of 39.27%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹3,472,000,000.00

Satisfied Charges

₹38,994,307,050.00

Charges Breakdown by Lending Institutions

Indian Overseas Bank : 347.20 Cr

Latest Charge Details

Date	Lender	Amount	Status
26 Mar 1997	Indian Overseas Bank	₹347.20 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	₹6.90 M	Satisfied
22 Sep 2021	Hdfc Bank Limited	₹3.02 M	Satisfied

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How Many Employees Work at Garware Hi-Tech Films?

Garware Hi-Tech Films has a workforce of 921 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Garware Hi-Tech Films, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Garware Hi-Tech Films's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Garware Hi-Tech Films

Recent Activity within the Organization

Annual General Meeting

Garware Hi-Tech Films Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records. was recorded as a recent event.
24 Sep 2025
Balance Sheet

Progress on Garware Hi-Tech Films Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was documented.
31 Mar 2025
Charges

A charge registered on 29 Dec 2023 via Charge ID 100887957 with Indian Overseas Bank was fully satisfied on 16 Sep 2024. was recorded as a recent event.
16 Sep 2024
Charges

The activity A charge registered on 29 Dec 2023 via Charge ID 100876452 with Indian Overseas Bank was fully satisfied on 16 Sep 2024. was completed.
16 Sep 2024
Director Appointment

Progress on Abhishek Vinodkumar Agarwal was appointed as a Cfo was appointed as a Cfo on 12 Sep 2024 & has been associated with this company since 1 year 4 months . was documented.
12 Sep 2024
Charges

The activity A charge registered on 28 Sep 2020 via Charge ID 100379703 with Hdfc Bank Limited was fully satisfied on 06 Sep 2024. was completed.
06 Sep 2024

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