Garware Hi-Tech Films Limited (GHFL) has reported record financial performance for the fiscal year ended March 31, 2026. The company achieved its highest-ever annual revenue of ₹2,120 crore and profit after tax of ₹338 crore. Driven by strong demand across its core specialty films segment, the Board has recommended a dividend of ₹12 per share. Additionally, the company announced a ₹191 crore investment to add a new state-of-the-art lamination production line.
Record-Breaking Annual Financial Results
For the financial year ended March 31, 2026, Garware Hi-Tech Films delivered a strong performance, posting record revenue of ₹2,120 crore, a slight increase from the previous year. The consolidated net profit after tax reached ₹338 crore, underscoring the company’s sustained growth and operational efficiency despite challenging market conditions. In the final quarter (Q4, Jan-Mar 2026), revenue surged to ₹597 crore with a profit after tax of ₹108 crore, reflecting a robust finish to the fiscal year.
Strategic Capital Investment
To bolster its manufacturing capacity and support future growth, the Board has approved a significant capital expenditure of ₹191 crore. This investment will facilitate the addition of a new Lamination Line (SCF) at the company’s Waluj, Maharashtra facility. This new line is designed to add an annual capacity of 1,200 LSF and is expected to be a major driver for long-term production capabilities and market penetration.
Dividend and Governance Updates
Reflecting the company’s commitment to delivering value to its shareholders, the Board has recommended a final dividend of ₹12 per equity share (120% of face value) for the 2025-26 financial year. Furthermore, the company has announced several leadership changes: Ms. Sonali Rajesh Mehta has been appointed as an Additional Director in the category of Independent Director effective June 25, 2026, and Ms. Monika Garware has been re-appointed as Vice-Chairperson and Joint Managing Director for a five-year term beginning November 1, 2026.
Source: BSE
