Garware Hi-Tech Films Share Price

Conference Call with Garware Hi-Tech Films Management and Analysts on Q4FY26 & Full Year Performance and Outlook. Listen to the full earnings transcript.

• Trendlyne
• 2 weeks ago

Containers & Packaging company Garware Hi-Tech Films announced Q4FY26 & FY26 results Q4FY26 Financial Highlights: Revenue from operations: Rs 597 crore against Rs 548 crore during Q4FY25, change 8.9%. EBITDA: Rs 157 crore against Rs 121 crore during Q4FY25, change 29.0%. EBITDA Margin: 26.2% for Q4FY26. PBT: Rs 142 crore against Rs 109 crore during Q4FY25, change 30.8%. PAT: Rs 108 crore against Rs 78 crore during Q4FY25, change 39.1%. EPS: Rs 47 for Q4FY26. FY26 Financial Highlights: Revenue from operations: Rs 2,120 crore against Rs 2,109 crore during FY25, change 0.5%. EBITDA: Rs 500 crore against Rs 495 crore during FY25, change 0.8%. EBITDA Margin: 23.6% for FY26. PBT: Rs 446 crore against Rs 445 crore during FY25, change 0.2%. PAT: Rs 338 crore against Rs 331 crore during FY25, change 2.1%. EPS: Rs 146 for FY26. Business Highlights: Robust top-line performance: Rs 597 crore (up 8.9% YoY; 30.1% QoQ), driven by demand revival and improved realizations across segments, marking one of the strongest quarters in the Company’s history. Margin expansion: EBITDA at Rs 157 crore (up 29.0% YoY; 80.5% QoQ) with margin at 26.2% up 409 bps YoY, led by operating leverage, favourable product mix, and sustained cost efficiencies. Earnings momentum: PAT at Rs 108 crore (up 39.1% YoY; 94.0% QoQ) with margin at 18.1% supported by strong operating performance. Record annual performance: FY26 revenue at Rs 2,120 crore (highest ever), EBITDA at Rs 500 crore (margin 23.6%), PAT at Rs 338 crore (margin 16.0%) reflecting sustained momentum with margin expansion and operational efficiency, navigating global volatility and tariff headwinds. Capex-Led Growth Momentum: GHFL board has approved Rs 191 crore capex towards a state-of-the-art SCF line backed by robotics and automation with ~1,200 LSF capacity addition, marking its sixth major capex in recent years and reinforcing its strong, consistent growth trajectory. Expected commercial production in June 2027 (Q1FY28). Product innovation: Unveiled 3 new products including sustainable TPU-based UV printable films for complex applications, PDLC speciality films (Privacy on Demand) and Graphic Solutions. Global D2C scaling: Expanded Global Application Studios (GAS) footprint with 11 international GAS additions (2 in the UAE, 9 in the USA), strengthening direct-toconsumer reach and global presence. Domestic D2C presence: Expanded to 250+ Garware Application Studios (GAS) and 6 Global Home Solutions (GHS) across India, with a target to scale GHS to 50 by the end of FY27. Recognition & brand momentum: Conferred the PLEX Council Highest Exporter Award and recognized among India’s top value creators by Dun & Bradstreet, reflecting strong export performance and consistent value creation. S. B. Garware, Chairman & Managing Director, Garware HiTech Films, said: “Garware Hi-Tech Films’ performance reflects the resilience, strength, and strategic clarity of a business built over more than three decades.” Monika Garware, Vice Chairperson & Joint Managing Director, Garware Hi-Tech Films, said: “We recorded the highest ever quarterly profitability in our history, along with achieving the highest-ever full-year Revenue and PAT since inception, reflecting strong execution and operating discipline. This performance was achieved in an extremely challenging external environment thereby reflecting the strength of our operations and market positioning. During the period, we strengthened our customer first approach through new product launches and the expansion of Garware & Global Application Studios as well as Garware Home Solutions. The newly announced Sun Control Film line will strengthen our future growth.” Result PDF

• Trendlyne
• 2 weeks 1 day ago

Containers & Packaging company Garware Hi-Tech Films announced Q3FY26 results Revenue: Rs 458.7 crore (down 1.6% YoY) impacted by global trade conditions, while the 19.5% QoQ decline reflects the seasonally strong base of Q2, which is historically the Company’s peak quarter. EBITDA: Rs 86.7 crore (down 7.4% YoY) with margin at 18.9% vs 20.1% last year; Despite a 35% QoQ decline from the seasonally strong Q2 base (margin of 23.4%), margins remained healthy. PAT: Rs 55.8 crore (down 8.3% YoY) with 12.2% margin. S. B. Garware, Chairman & Managing Director, Garware Hi-Tech Films, said: “Global trade conditions continue to evolve amid tariff recalibrations and geopolitical realignments, and the Company remains steadfast in its focus on long-term value creation through disciplined execution and strategic clarity. Our strategic vision is anchored in building a resilient, innovation-led organisation capable of adapting to global transitions while capitalising on emerging opportunities.” Monika Garware, Vice Chairperson & Joint Managing Director, Garware Hi-Tech Films, said: “The Company continued to make steady progress during the third quarter. Despite tariff-related impacts, revenues remained largely stable. More recently, we announced plans to establish a wholly owned subsidiary in UAE to strengthen our export footprint across the MENA region and other international markets. As part of our D2C journey, we launched Garware Home Solutions with the opening of our first showroom in Mumbai. In addition, we set up two first-of-its-kind Global Application Studios in the Middle East, marking an important step in expanding our D2C initiatives and deepening customer engagement in the region. Our focus remains on disciplined execution and prudent risk management as we continue to pursue sustainable, long-term growth” Result PDF

• Trendlyne
• 3 months 2 weeks ago