Garware Hi-Tech Films (GHFL) announced its Q3 FY26 results, reporting a revenue of ₹458.7 crore and PAT of ₹55.8 crore. The board approved plans to establish a wholly-owned subsidiary in the UAE to strengthen its export footprint in the MENA region. The company also launched Garware Home Solutions, a D2C business for architectural films, and opened its first studio in Mumbai.
Q3 FY26 Financial Highlights
Garware Hi-Tech Films (GHFL) reported the following consolidated financial results for Q3 FY26 (October-December):
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Revenue from operations: ₹458.7 crore (down 1.6% year-over-year)
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EBITDA: ₹86.7 crore (down 7.4% year-over-year), with a margin of 18.9%.
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Profit After Tax (PAT): ₹55.8 crore (down 8.3% year-over-year), with a margin of 12.2%.
Nine-Month Performance (9MFY26)
Key financial figures for the nine months ended December 31, 2025, include:
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Revenue: ₹1,523.4 crore (down 2.4% year-over-year)
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EBITDA: ₹343 crore (down 8.3% year-over-year), with a margin of 22.5%.
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PAT: ₹230 crore (down 9.2% year-over-year), margin of 15.1%.
Strategic Expansion
GHFL’s board has approved the establishment of a wholly-owned subsidiary in the UAE. This strategic move aims to bolster the company’s export capabilities and expand its presence in the Middle East and North Africa (MENA) region and other international markets.
Garware Home Solutions Launch
The company also launched Garware Home Solutions, a direct-to-consumer (D2C) business focused on architectural films. The first Garware Home Solutions studio has been opened in Mumbai, enhancing the company’s domestic market presence.
Additional Highlights
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The company recently set up two Global Application Studios in the MENA region.
Source: BSE
