| EBITDA Margin: guided vs achieved | 27.20% achieved Guided 23.00%–27.00%, 0.7% above the top of the range; confirmed by management |
|---|---|
| EBITDA Margin guidance | 25.0% → 27.0% Raised by 2.0 percentage points |
| Management target | Revenue FY27 |
| Revenue growth | 22% YoY, driven by premium specialty film demand. |
|---|---|
| Margins | Structural expansion through high-margin switchable privacy and protection films. |
| Demand visibility | Strong visibility in architectural and paint protection film segments. |
| Management confidence | Balanced; highly confident in premium segments and operational execution. |
Growth
Revenue grew 22% YoY; EBITDA increased 42% YoY. Growth is led by value-added products (86% of revenue).
Outlook
Management targets over ₹2,500 Cr revenue for FY27. New capacity expansion aims for ₹3,500 Cr potential revenue.
Risks
High customer concentration (top client is 30% revenue). Geographic volatility in the Middle East and logistics cost inflation.
Last quarter's promises, checked
Delivered
- EBITDA Margin guided 25% +/- 2% → delivered 30.3% (= BEAT)
- TPU project commissioning for Q3 FY27 → remains on track (= BEAT)
- Revenue guided >₹2,500 Cr for FY27 → reaffirmed by mgmt (= BEAT)
Partly delivered
- 50 Garware Home Solutions studios by FY27-end → 9 operational (= PARTIAL)
- Tariff refund recovery → 30-40% received, 100% expected by Q2 (= PARTIAL)
Earnings Call Transcript filed with NSE, NSE: GRWRHITECH. Summary written with AI assistance from the document.
Garware Hi-Tech Films Ltd: key numbers
- Share price
- ₹7,155.00
- Market cap
- ₹16,623 Cr
- Revenue (annual)
- ₹2,120 Cr
- Net profit (annual)
- ₹338.2 Cr
- P/E (TTM)
- 39.0×Sector 36.4×
- 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
All →Garware Hi-Tech Films Investor Presentation: Key Takeaways
Garware Hi-Tech Films reported record Q2FY27 results with 22% revenue growth YoY and significant margin expansion, driven by a favorable product mix and niche specialty film focus.
- Call
- Guides 20% growth
Garware Hi-Tech Films Results Update
GHFL posted record Q2 FY27 revenue of ₹696 crore at 27.2% EBITDA margin, raising full-year guidance. H1 PAT grew 50% to ₹262 crore.
Garware Hi-Tech Films Q2 FY27 Results: Net Profit ₹129.4 Cr, Up 41.9% YoY
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
- Net profit ₹129.4 Cr · +41.9% YoY
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.
Garware Hi-Tech Films Board Meeting Date
Garware Hi-Tech Films has scheduled a board meeting for October 22, 2026, to consider and approve the unaudited standalone and consolidated financial results.