| EBITDA Margin: guided vs achieved | 30.30% achieved Guided 23.00%–27.00%, 12.2% above the top of the range; confirmed by management |
|---|---|
| Management target | Revenue 20.0% FY27 |
| Revenue growth | 28% YoY revenue growth, purely organic, driven by premium product mix. |
|---|---|
| Margins | Structural expansion to 30.3% EBITDA margin, exceeding long-term guidance. |
| Demand visibility | Strong global and domestic demand for high-end automotive and architectural films. |
| Management confidence | Highly confident, emphasizing structural business transformation over cyclical gains. |
Growth
Revenue grew 28% YoY to 633 Cr; EBITDA surged 56% with record margins of 30.3%.
Outlook
Reaffirmed FY27 revenue target of 2,500 Cr+; target 15-20% revenue CAGR over medium term.
Risks
Supply chain disruptions in the Middle East due to regional conflicts; aggressive competition in standard films.
Last quarter's promises, checked
Delivered
- Guided 25% +/- 3% EBITDA margin → delivered 30.3% (= BEAT)
- Guided debt-free status → delivered 850 Cr cash/debt-free (= BEAT)
- Guided Sun Control expansion capex → delivered 192 Cr investment (= BEAT)
Partly delivered
- Guided 2,500 Cr FY27 revenue → on track with 28% YoY growth (= PARTIAL)
Earnings Call Transcript filed with BSE, NSE: GRWRHITECH. Summary written with AI assistance from the document.
Garware Hi-Tech Films Ltd: key numbers
- Share price
- ₹7,810.00
- Market cap
- ₹18,144 Cr
- Revenue (annual)
- ₹2,120 Cr
- Net profit (annual)
- ₹338.2 Cr
- P/E (TTM)
- 42.6×Sector 46.8×
- Promoter holding
- 60.72%+0.00% QoQ
- FII holding
- 4.60%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Garware Hi-Tech Films Ltd
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Garware Hi-Tech Films Results Update
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Garware Hi-Tech Films Ltd reported revenue from operations of ₹695.5 Cr (+22.1% YoY) and net profit of ₹129.4 Cr (+41.9% YoY) for Q2 FY27.
- Key figure
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Garware Hi-Tech Films Legal & Regulatory
MPCB forfeited a ₹25 Lakh bank guarantee from Garware Hi-Tech Films for alleged consent-condition non-compliance. The company states no material impact on business operations.
- Value
- ₹0.25 Cr
Garware Hi-Tech Films Other Announcement
The company filed its quarterly shareholding pattern under Regulation 31(1)(b) for the period ended September 30, 2026.