Garware Hi-Tech Films Complete Financial Statements
In FY2026, Garware Hi-Tech Films (GRWRHITECH) reported revenue ₹618 Cr, net profit ₹108 Cr and EPS ₹46.58, with a net profit margin of 17.5% and ROE of 4.6%. Full financial statements from FY2015 to FY2026 (12 years) — income statement, balance sheet and cash flow in ₹ Crores. Download as Excel or CSV. Review GRWRHITECH P/E comparison to evaluate earnings-based valuation against sector peers.
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Profitability Ratios
Balance Sheet Ratios
GRWRHITECH Revenue, Net Profit & EBITDA — Year-on-Year Growth
GRWRHITECH YoY (Mar 2025 vs Mar 2026) — revenue +9.4%, net profit +38.5%, EBITDA +29.8%, expenses +3.8%. For live price, earnings ratios and company overview, see GRWRHITECH share price screener.
GRWRHITECH Income Statement — Revenue, EBITDA & Net Profit
Garware Hi-Tech Films revenue ₹618 Cr, EBITDA ₹157 Cr, net profit ₹108 Cr, EPS ₹46.58 (2026) — net profit margin 17.5%. Explore GRWRHITECH true value to estimate fundamental worth using multiple valuation models.
| Particulars | Mar 2026 | Sept 2025 | Mar 2025 | Jun 2025 | Dec 2025 | Sept 2024 | Mar 2024 | Jun 2024 | Dec 2024 | Sept 2023 | Mar 2023 | Jun 2023 | Dec 2023 | Sept 2022 | Mar 2022 | Jun 2022 | Dec 2022 | Sept 2021 | Mar 2021 | Jun 2021 | Dec 2021 | Sept 2020 | Mar 2020 | Jun 2020 | Dec 2020 | Sept 2019 | Mar 2019 | Jun 2019 | Dec 2019 | Sept 2018 | Jun 2018 | Dec 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 618 | 584 | 565 | 508 | 475 | 634 | 458 | 486 | 479 | 406 | 366 | 389 | 463 | 404 | 339 | 378 | 332 | 349 | 294 | 312 | 341 | 252 | 223 | 171 | 287 | 254 | 227 | 255 | 205 | 251 | 244 | 236 |
| Expenses | 461 | 450 | 444 | 385 | 389 | 484 | 368 | 356 | 385 | 332 | 296 | 316 | 379 | 328 | 268 | 308 | 279 | 281 | 236 | 247 | 269 | 182 | 177 | 140 | 212 | 204 | 196 | 204 | 178 | 205 | 198 | 206 |
| EBITDA | 157 | 133 | 121 | 123 | 87 | 151 | 90 | 130 | 94 | 74 | 70 | 73 | 85 | 76 | 71 | 71 | 53 | 69 | 58 | 66 | 72 | 70 | 46 | 31 | 75 | 50 | 31 | 51 | 27 | 46 | 46 | 30 |
| Operating Profit Margin % | 23.00% | 21.00% | 19.00% | 22.00% | 15.00% | 22.00% | 18.00% | 25.00% | 17.00% | 16.00% | 15.00% | 17.00% | 17.00% | 17.00% | 17.00% | 17.00% | 14.00% | 17.00% | 18.00% | 19.00% | 19.00% | 27.00% | 20.00% | 17.00% | 25.00% | 19.00% | 13.00% | 19.00% | 12.00% | 17.00% | 18.00% | 12.00% |
| Depreciation | 12 | 11 | 10 | 11 | 12 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 8 | 7 | 7 | 8 | 7 | 7 | 7 | 7 | 6 | 6 | 6 | 6 | 5 | 4 | 5 | 5 | 3 | 3 | 4 |
| Interest | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 4 | 5 | 4 | 2 | 4 | 5 | 4 | 4 | 5 | 5 | 4 | 5 | 5 | 4 | 5 | 5 | 4 | 5 | 5 | 5 | 5 | 5 | 5 |
| Profit Before Tax | 142 | 120 | 109 | 110 | 73 | 138 | 78 | 118 | 81 | 61 | 56 | 59 | 73 | 64 | 59 | 59 | 41 | 57 | 47 | 55 | 60 | 59 | 36 | 21 | 64 | 41 | 23 | 41 | 17 | 38 | 38 | 22 |
| Tax | 34 | 29 | 31 | 27 | 17 | 34 | 20 | 29 | 20 | 15 | 13 | 15 | 17 | 16 | 14 | 15 | 10 | 14 | 15 | 19 | 17 | 21 | 15 | 7 | 22 | 14 | 6 | 14 | 6 | 13 | 12 | 7 |
| Net Profit | 108 | 91 | 78 | 83 | 56 | 104 | 58 | 88 | 61 | 46 | 43 | 44 | 56 | 48 | 45 | 45 | 30 | 43 | 32 | 36 | 43 | 38 | 21 | 14 | 43 | 27 | 17 | 27 | 11 | 25 | 25 | 14 |
| Earnings Per Share (₹) | 46.58 | 39.27 | 33.49 | 35.73 | 24.01 | 44.88 | 24.88 | 38.03 | 26.17 | 19.76 | 18.54 | 18.81 | 24.05 | 20.72 | 19.42 | 19.17 | 13.09 | 18.65 | 13.69 | 15.42 | 18.46 | 16.25 | 9.07 | 5.86 | 18.41 | 11.52 | 7.30 | 11.54 | 4.89 | 10.80 | 10.79 | 6.22 |
GRWRHITECH Balance Sheet — Assets, Liabilities & Shareholders' Equity
GRWRHITECH total assets ₹2,682 Cr, total equity ₹2,372 Cr, total liabilities ₹ Cr (2025) — ROE 4.6%.
| Particulars | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Total Assets | 2,682 | 2,324 | 2,214 | 2,133 | 1,868 | 1,679 | 1,646 | 1,570 | 1,653 | 1,020 | 1,042 |
| Current Assets | 1,057 | 774 | 651 | 598 | 435 | 304 | 300 | 231 | 304 | 277 | 293 |
| Fixed Assets | 1,442 | 1,450 | 1,467 | 1,341 | 1,329 | 1,279 | 1,238 | 1,226 | 1,231 | 648 | 649 |
| Capital Work in Progress | 39 | 2 | 10 | 96 | 11 | 20 | 11 | 10 | 8 | 5 | 11 |
| Investments | 643 | 363 | 393 | 274 | 226 | 116 | 120 | 36 | 29 | 0 | 0 |
| Other Assets | 557 | 508 | 344 | 423 | 302 | 264 | 277 | 298 | 386 | 367 | 382 |
| LIABILITIES | |||||||||||
| Total Liabilities | |||||||||||
| Current Liabilities | 63 | 57 | 121 | 161 | 123 | 134 | 121 | 144 | 25 | 80 | 97 |
| Non-Current Liabilities | |||||||||||
| SHAREHOLDERS' EQUITY | |||||||||||
| Total Equity | 2,372 | 2,045 | 1,856 | 1,711 | 1,564 | 1,404 | 1,372 | 1,292 | 1,254 | 586 | 569 |
| Share Capital | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 |
| Reserves & Surplus | 2,349 | 2,022 | 1,833 | 1,688 | 1,540 | 1,381 | 1,349 | 1,269 | 1,231 | 562 | 546 |
GRWRHITECH Cash Flow Statement — Operating, Investing & Financing
Garware Hi-Tech Films operating cash flow ₹330 Cr, investing ₹-276 Cr, financing ₹-52 Cr, net cash flow ₹2 Cr (2025).
| Particulars | March 2025 | March 2024 | March 2023 | March 2022 | March 2021 | March 2020 | March 2019 | March 2018 | March 2017 | March 2016 | March 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | 330 | 172 | 218 | 172 | 199 | 99 | 141 | 134 | 78 | 101 | 91 |
| Investing Activities | -276 | 46 | -168 | -141 | -126 | -44 | -101 | -5 | -12 | -5 | -20 |
| Financing Activities | -52 | -169 | -89 | 6 | -36 | -64 | -49 | -172 | -40 | -96 | -107 |
| Net Cash Flow | 2 | 48 | -39 | 37 | 38 | -9 | -8 | -43 | 25 | 0 | -36 |