Garware Hi-Tech Films

₹7,903As of Sun 8 Nov 2026, 12:00 UTC

NSE:GRWRHITECHMaterials

Country India

PE (Fwd) 46.91

TSR 5Y CAGR 64.02%

Div yield 0.15%

ROE —

Specialty Chemicals

Beta (5Y) 0.68

PE TTM 54.28

TSR TTM 132.06%

Mkt cap ₹181.2B

ROIC —

SE Grade™

Value

Quality

Moat

—

1Y Price

Reference

₹8,900

12.62%

(85.24%)

Price above Reference Value

TTM

FYE 31 Mar INR

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

10Y

Peers

21.20

Revenue₹B

—

13.03

14.38

16.77

21.09

21.20

22.91

12.95%

0.51

Revenue growth%

—

10.39

16.62

25.78

0.51

8.05

13.51

—

53.86

Gross margin%

—

58.12

52.43

51.20

52.89

53.86

53.68

52.89

18.39

Operating margin%

—

16.13

14.06

14.54

18.98

18.39

18.33

16.13

15.95

Net margin%

—

12.83

11.55

12.12

15.70

15.95

15.91

12.83

54.28

P/E ratio (avg)x

—

10.54

9.879

14.51

24.95

24.30

50.36

14.51

47.08

EV/EBITx

—

8.384

8.120

12.09

20.64

21.07

43.72

12.09

—

FCF yield (avg)%

—

FCF margin%

—

FCF / Net incomex

—

ROIC%

—

Return on equity%

—

Return on assets%

—

145.59

EPS₹

—

71.96

71.51

87.50

142.57

145.59

156.92

19.26%

—

2.12

EPS growth%

—

(0.62)

22.36

62.93

2.12

7.78

12.24

—

Bookvalue per sh₹

—

FCF per share₹

—

12.00

Dividend per sh₹

—

10.00

12.00

12.47

4.66%

—

0.15

Div yield (avg)%

—

1.32

1.42

0.79

0.34

0.16

0.79

8.24

Payout ratio%

—

13.90

13.98

11.43

8.42

8.24

7.95

11.43

23.23

Shares (diluted)M

—

23.23

◌23.23

—

Buyback yield%

—

◌—

—

D/E ratiox

—

183.6

Enterprise value₹B

—

17.62

16.41

29.49

82.64

82.18

183.6

46.96%

—

LT debt₹M

—

Peers (US$1.895B)

Cap (US$)

Aarti Industries…

1.700B

26.96x

Kansai Nerolac Paints…

1.688B

25.96x

Fine Organic Industrie…

1.665B

32.46x

Transfar Zhilian Co.…

1.898B

24.00x

Capital

TTM

10Y

Leveragex

—

EBIT/Intx

236.4

30.21

Own earn%

—

Sh yield%

0.15

0.56

Owners

Insiders/Inst%

48.72

8.56

Short interest%

—

SBC / revenue%

—

Record

10Y

Profitable years

5/5

Revenue growth years

4/4

EPS growth years

3/4

Dividend streakyrs

Op margin range%

14–19

$1 testx

—

Incr. ROIC%

—

Garware Hi-Tech Films Limited manufactures and sells polyester films in India, the United States, and internationally. The company offers paint protection and sun control films. It also offers defendo-dual reflective, spectrally selective, deco vista, safety, designer, privacy, reflective, IR rejection, writable, antigraffity, and whiteboard films, as well as HP films.

Growth vs revenue

Latest

Trend

4Y CAGR

Rel growth

Revenue

₹21.20B

12.95%

1.00×

Cost of revenue

₹9.783B

15.72%

1.10×

Operating expenses

₹7.518B

8.28%

0.84×

Revenue by region

No breakdown available

Reinvestment returns

n/m

Trend

Reinvestment rate

n/m

Return on capital

n/m

Spread over hurdle

n/m