GARWARE HI-TECH FILMS LTD (GRWRHITECH) financials

GARWARE HI-TECH FILMS LTD (GRWRHITECH) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Garware Polyester is the world's No.1 vertically integrated ''Chip to Film'' manufacturing company.[1]

Market Cap: ₹16,193Cr.
Current Price: ₹6,970
Stock P/E: 41.9
ROE: 13.7%
ROCE: 18.0%
Book Value: ₹1,113
Dividend Yield: 0.17%
52W High / Low: ₹7,990/2,691

In Jun 2026, GARWARE HI-TECH FILMS LTD (GRWRHITECH) reported sales ₹584 Cr and net profit ₹127 Cr.

Annual TTM: sales ₹2,079 Cr, net profit ₹387 Cr.

Shareholding: Promoters 60.73% (Jun 2026), FIIs 4.22% (Jun 2026), DIIs 6.35% (Jun 2026), Public 28.72% (Jun 2026), No. of Shareholders 56,759% (Jun 2026).

GRWRHITECH quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	589	442	516	453	512	451	532	584
Expenses	464	364	416	356	411	385	408	418
Operating Profit	125	78	99	97	101	66	124	166
OPM %	21%	18%	19%	21%	20%	15%	23%	28%
Other Income	13	19	15	14	43	17	23	16
Interest	2	2	2	1	1	1	2	2
Depreciation	10	10	10	10	11	11	12	12
Profit before tax	127	85	103	99	132	70	133	168
Tax %	24%	23%	29%	25%	19%	24%	25%	25%
Net Profit	96	66	74	75	107	53	100	127
EPS in Rs	41.21	28.21	31.69	32.11	45.85	23.02	43.10	54.48
Raw PDF	—	—	—	—	—	—	—	—

GRWRHITECH profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	877	960	1,264	1,311	1,582	1,995	1,948	2,079
Expenses	734	753	1,036	1,109	1,332	1,577	1,560	1,622
Operating Profit	143	208	228	202	250	418	387	457
OPM %	16%	22%	18%	15%	16%	21%	20%	22%
Other Income	25	15	40	40	39	76	97	98
Interest	18	18	17	15	10	6	5	6
Depreciation	20	24	28	32	38	40	44	46
Profit before tax	130	181	223	196	240	448	434	503
Tax %	33%	34%	28%	25%	25%	24%	23%	—
Net Profit	87	119	160	148	181	339	335	387
EPS in Rs	37.42	51.09	68.96	63.53	77.88	145.88	144.08	166.45
Dividend Payout %	27%	20%	14%	16%	13%	8%	8%	—

GRWRHITECH balance sheet (₹ Cr.)
Category	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
Reserves	1,341	1,372	1,524	1,665	1,790	1,955	2,288	2,564
Borrowings	149	147	138	182	141	0	0	0
Other Liabilities	122	122	166	234	223	279	309	346
Total Liabilities	1,635	1,664	1,851	2,104	2,178	2,257	2,620	2,933
Fixed Assets	1,238	1,279	1,329	1,340	1,466	1,449	1,438	1,572
CWIP	11	20	11	96	10	2	39	27
Investments	122	117	227	275	394	364	645	699
Other Assets	265	248	284	392	308	442	499	634
Total Assets	1,635	1,664	1,851	2,104	2,178	2,257	2,620	2,933

GRWRHITECH cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	137	90	179	138	243	117	306	262
Cash from Investing Activity	-101	-31	-126	-141	-170	45	-253	-181
Cash from Financing Activity	-48	-63	-35	7	-87	-167	-49	-56
Net Cash Flow	-12	-4	19	4	-14	-5	4	26
Free Cash Flow	111	36	119	30	177	101	252	101
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	121%	81%	101%	76%	140%	69%	98%	87%

GRWRHITECH shareholding pattern (%)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	60.73%	60.73%	60.73%	60.73%	60.73%	60.73%	60.73%	60.73%
FIIs	1.56%	2.69%	3.50%	3.86%	3.58%	3.96%	3.98%	4.22%
DIIs	4.48%	4.33%	4.75%	4.89%	4.96%	5.35%	5.28%	6.35%
Public	33.25%	32.27%	31.03%	30.53%	30.74%	29.98%	30.04%	28.72%
No. of Shareholders	50,963	55,518	57,364	54,335	57,619	55,544	54,492	56,759

GRWRHITECH key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	30	26	33	38	23	28	26	36
Inventory Days	62	92	97	103	95	113	101	118
Days Payable	69	64	89	75	63	75	57	74
Cash Conversion Cycle	23	54	41	67	55	66	69	81
Working Capital Days	10	20	16	22	9	46	37	48
ROCE %	8%	10%	12%	12%	11%	13%	21%	18%

GRWRHITECHUpdated 18 Oct 2026, 5:29

Garware Hi-tech Films Ltd

GRWRHITECHUpdated 18 Oct 2026, 5:29

Market Cap

₹16,193Cr.

Current Price

₹6,970

High / Low

₹7,990/2,691

Stock P/E

41.9

ROE13.7%

ROCE18.0%

Book Value₹1,113

Face Value₹10.0

Dividend Yield0.17%

About

Garware Polyester is the world's No.1 vertically integrated ''Chip to Film'' manufacturing company.[1]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	325	4	283	10	10	38	25	29	12.31
Sep 2023	385	3	323	9	10	58	24	44	18.78
Dec 2023	433	2	363	9	10	67	25	51	21.8
Mar 2024	439	1	362	11	9	77	24	58	24.99
Jun 2024	449	1	333	28	10	132	21	104	44.78
Sep 2024	589	2	464	13	10	127	24	96	41.21
Dec 2024	442	2	364	19	10	85	23	66	28.21
Mar 2025	516	2	416	15	10	103	29	74	31.69
Jun 2025	453	1	356	14	10	99	25	75	32.11
Sep 2025	512	1	411	43	11	132	19	107	45.85
Dec 2025	451	1	385	17	11	70	24	53	23.02
Mar 2026	532	2	408	23	12	133	25	100	43.1
Jun 2026	584	2	418	16	12	168	25	127	54.48

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	887	44	828	27	15	27	35	17	7.44
Mar 2016	842	43	763	6	17	25	31	17	7.46
Mar 2017	860	33	790	8	13	33	33	22	9.42
Mar 2018	823	24	740	5	13	51	34	34	14.53
Mar 2019	923	19	790	9	14	110	32	74	32
Mar 2020	877	18	734	25	20	130	33	87	37.42
Mar 2021	960	18	753	15	24	181	34	119	51.09
Mar 2022	1264	17	1036	40	28	223	28	160	68.96
Mar 2023	1311	15	1109	40	32	196	25	148	63.53
Mar 2024	1582	10	1332	39	38	240	25	181	77.88
Mar 2025	1995	6	1577	76	40	448	24	339	145.88
Mar 2026	1948	5	1560	97	44	434	23	335	144.08
TTM	2079	6	1622	98	46	503	—	387	166.45

Shareholding pattern

As of Jun 2026%

Holder	Share
Promoters	60.73%
FIIs	4.22%
DIIs	6.35%
Public	28.72%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Sep 2023	60.73%	0.14%	3.49%	35.65%
Dec 2023	60.73%	0.12%	3.77%	35.38%
Mar 2024	60.73%	0.31%	4.21%	34.75%
Jun 2024	60.73%	0.52%	4.76%	34%
Sep 2024	60.73%	1.56%	4.48%	33.25%
Dec 2024	60.73%	2.69%	4.33%	32.27%
Mar 2025	60.73%	3.5%	4.75%	31.03%
Jun 2025	60.73%	3.86%	4.89%	30.53%
Sep 2025	60.73%	3.58%	4.96%	30.74%
Dec 2025	60.73%	3.96%	5.35%	29.98%
Mar 2026	60.73%	3.98%	5.28%	30.04%
Jun 2026	60.73%	4.22%	6.35%	28.72%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	23	544	359	106	1032	649	11	2	370	1032
Mar 2016	23	561	307	117	1009	647	5	2	354	1009
Mar 2017	23	1230	311	87	1651	1230	8	30	383	1651
Mar 2018	23	1268	171	104	1566	1225	10	37	294	1566
Mar 2019	23	1341	149	122	1635	1238	11	122	265	1635
Mar 2020	23	1372	147	122	1664	1279	20	117	248	1664
Mar 2021	23	1524	138	166	1851	1329	11	227	284	1851
Mar 2022	23	1665	182	234	2104	1340	96	275	392	2104
Mar 2023	23	1790	141	223	2178	1466	10	394	308	2178
Mar 2024	23	1955	0	279	2257	1449	2	364	442	2257
Mar 2025	23	2288	0	309	2620	1438	39	645	499	2620
Mar 2026	23	2564	0	346	2933	1572	27	699	634	2933

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	88	-21	-106	-39
Mar 2016	97	-5	-95	-2
Mar 2017	80	-11	-44	25
Mar 2018	129	-5	-171	-47
Mar 2019	137	-101	-48	-12
Mar 2020	90	-31	-63	-4
Mar 2021	179	-126	-35	19
Mar 2022	138	-141	7	4
Mar 2023	243	-170	-87	-14
Mar 2024	117	45	-167	-5
Mar 2025	306	-253	-49	4
Mar 2026	262	-181	-56	26

Key ratios

Historical financial ratios

Category	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	18	32	27	30	26	33	38	23	28	26	36
Inventory Days	91	107	85	73	62	92	97	103	95	113	101	118
Days Payable	31	36	39	55	69	64	89	75	63	75	57	74
Cash Conversion Cycle	80	90	78	46	23	54	41	67	55	66	69	81
Working Capital Days	-57	-57	-63	24	10	20	16	22	9	46	37	48
ROCE %	7%	7%	5%	5%	8%	10%	12%	12%	11%	13%	21%	18%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of GARWARE HI-TECH FILMS LTD (GRWRHITECH)?

The reported market capitalisation for GARWARE HI-TECH FILMS LTD (GRWRHITECH) is ₹16,193Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of GRWRHITECH?

The current price shown for GARWARE HI-TECH FILMS LTD (GRWRHITECH) on Fincrux is ₹6,970 with a 52-week high/low of ₹7,990/2,691.

What is the P/E ratio of GARWARE HI-TECH FILMS LTD (GRWRHITECH)?

The stock P/E for GARWARE HI-TECH FILMS LTD (GRWRHITECH) is 41.9 on Fincrux, with ROE at 13.7% and ROCE at 18.0%.

What were GRWRHITECH latest quarterly results?

For Jun 2026, GARWARE HI-TECH FILMS LTD (GRWRHITECH) reported sales ₹584 Cr and net profit ₹127 Cr (figures in ₹ crore unless noted).

What are GRWRHITECH annual sales and net profit?

For TTM, GARWARE HI-TECH FILMS LTD (GRWRHITECH) shows sales of ₹2,079 Cr and net profit of ₹387 Cr on the Fincrux profit & loss statement.

Who owns GARWARE HI-TECH FILMS LTD (GRWRHITECH)?

Latest shareholding for GARWARE HI-TECH FILMS LTD (GRWRHITECH) on Fincrux: Promoters 60.73% (Jun 2026), FIIs 4.22% (Jun 2026), DIIs 6.35% (Jun 2026), Public 28.72% (Jun 2026), No. of Shareholders 56,759% (Jun 2026).

Where can I find GARWARE HI-TECH FILMS LTD (GRWRHITECH) financials?

GARWARE HI-TECH FILMS LTD (GRWRHITECH) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show GRWRHITECH balance sheet and cash flow?

Yes. The GARWARE HI-TECH FILMS LTD (GRWRHITECH) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 18 October 2026 at 5:29