Garware Hi-Tech Films Limited reported its financial results for the fiscal year ended March 31, 2026. The company achieved a revenue of ₹2,120.11 crore and a profit after tax of ₹338.23 crore. The company highlighted its highest-ever annual revenue and profit after tax, driven by its value-added specialty product portfolio and strategic investments in manufacturing and innovation. The performance reflects the company’s resilience amidst geopolitical uncertainties and supply chain volatility.
Garware Hi-Tech Films Limited announced its financial results for the fiscal year ended March 31, 2026. The company reported a revenue from operations of ₹2,120.11 crore, a slight increase from ₹2,109.36 crore in the previous year. The EBITDA stood at ₹499.55 crore, with an EBITDA margin of 23.6%. Profit after tax for the year was ₹338.23 crore, a marginal increase from ₹331.22 crore in the previous year, translating to a PAT margin of 16.0%.
Performance Highlights
The company reported its highest-ever annual revenue and profit after tax. Value-added products contributed approximately 87% of the total revenue, underscoring the company’s strategic shift towards technology-driven specialty films and premium product offerings. This performance was supported by a differentiated specialty product portfolio, vertically integrated operations, strong customer relationships, and disciplined execution across business functions.
Strategic Investments and Outlook
During the year, Garware Hi-Tech Films strengthened its long-term growth platform through strategic investments in manufacturing, innovation, and customer reach. The company announced its largest-ever capital expenditure of `191 crore towards a new Sun Control Film production line. Progress continues on its TPU backward integration project, and the Garware Application Studios (GAS) network has been expanded. The company remains well-positioned to capitalize on growing demand for premium automotive and architectural film solutions globally, supported by a debt-free balance sheet and cash and liquid investments of `774 crore.
Source: BSE
