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Garware Hi-Tech Films Ltd

GRWRHITECH

Garware Hi-Tech Films Ltd

GRWRHITECH
MaterialsCommodity Chemicals
SmallcapWith a market cap of ₹7,205 cr, stock is ranked 656
High RiskStock is 4.61x as volatile as Nifty
3,297.406.32% (+196.00)
3,297.406.32% (+196.00)

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MaterialsCommodity Chemicals
SmallcapWith a market cap of ₹7,205 cr, stock is ranked 656
High RiskStock is 4.61x as volatile as Nifty

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MaterialsCommodity Chemicals
SmallcapWith a market cap of ₹7,205 cr, stock is ranked 656
High RiskStock is 4.61x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
29.063.880.32%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
31.643.631.25%

Forecast & Ratings

Detailed Forecast 
100%
Analysts have suggested that investors can buy this stock

from 1 analyst

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Garware Hi-Tech Films Limited, formerly Garware Polyester Limited, manufactures and exports polyester films. The Company’s product includes a range of films that cater to the solar control industry, shrink label, and packaging industry, etc.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 12.39%, vs industry avg of 9.33%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 1.09% to 1.45%

Higher than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 20.02%, vs industry avg of 3.8%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue863.53881.84838.55956.90936.651,004.671,342.061,480.171,716.081,813.27
Raw Materialssubtract455.70437.61395.97441.63395.75366.46597.71648.361,395.031,434.98
Power & Fuel Costsubtract83.3378.4169.7784.2086.1581.72106.24127.16
Employee Costsubtract79.0876.3175.6680.1493.60107.59122.85121.87
Selling & Administrative Expensessubtract59.0761.9359.7662.0761.3376.93116.84112.58
Operating & Other expensessubtract99.22147.06148.90135.80126.35138.32120.93200.84
Depreciation/Amortizationsubtract16.9613.8213.6313.8520.2923.9728.1932.4139.0239.60
Interest & Other Itemssubtract43.5233.1225.0319.3418.4619.5918.2416.9911.789.48
Taxes & Other Itemssubtract10.1511.1416.7138.2448.7064.1363.8953.8166.9681.26
EPS7.109.6514.2635.1437.0354.2271.9671.5287.50106.73
DPS0.001.002.0010.0010.0010.0010.0010.0010.0010.00
Payout ratio0.000.100.140.280.270.180.140.140.110.09

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2021

Annual report

PDF

Investor Presentation

May 27PDF
Feb 4PDF
Dec 12PDF
FY 2022

Annual report

PDF

Investor Presentation

Jun 4PDF
Nov 11PDF
Jul 29PDF
FY 2023

Annual report

PDF

Investor Presentation

Jun 1PDF
FY 2024

Annual report

PDF

Investor Presentation

Aug 22PDF
 

Peers & Comparison

Comparing 3 stocks from 
MaterialsCommodity Chemicals

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Garware Hi-Tech Films Ltd35.443.880.32%
Solar Industries India Ltd112.6627.480.08%
Linde India Ltd141.4017.700.17%
Deepak Nitrite Ltd48.488.150.26%

Price Comparison

Compare GRWRHITECH with any stock or ETF
Compare GRWRHITECH with any stock or ETF
GRWRHITECH
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding60.72%4.57%0.19%0.52%34.00%

Sep 2023

Dec 2023

Mar 2024

Jun 2024

Shareholding History

MarJunSepDec '23MarJun0.18%0.12%0.13%0.11%0.31%0.52%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Garware Hi-Tech Films Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
LIC MF Multi Cap Fund - Growth - Direct Plan

Growth
0.3992%2.23%0.54%46/89 (-2)
Union Small Cap Fund - Growth - Direct Plan

Growth
0.3547%1.61%1.61%63/110 (+42)
Union Flexi Cap Fund - Growth - Direct Plan

Growth
0.2967%0.97%0.97%85/92 (+4)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No Dividend Cuts

Dividends are the portion of earnings that a company distributes to all its shareholders every year

GRWRHITECH has increased or maintained dividend levels over the last 5 years

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.32%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹3.22 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

Cash Dividend

Ex DateEx DateSep 17, 2024

Final
Final | Div/Share: ₹10.00

Dividend/Share

10.00

Ex DateEx Date

Sep 17, 2024

Past Dividends

Cash Dividend

Ex DateEx DateSep 20, 2023

Final
Final | Div/Share: ₹10.00

Dividend/Share

10.00

Ex DateEx Date

Sep 20, 2023

Cash Dividend

Ex DateEx DateSep 19, 2022

Final
Final | Div/Share: ₹10.00

Dividend/Share

10.00

Ex DateEx Date

Sep 19, 2022

Cash Dividend

Ex DateEx DateSep 20, 2021

Final
Final | Div/Share: ₹10.00

Dividend/Share

10.00

Ex DateEx Date

Sep 20, 2021

Cash Dividend

Ex DateEx DateMar 23, 2020

Interim
Interim | Div/Share: ₹10.00

Dividend/Share

10.00

Ex DateEx Date

Mar 23, 2020

Cash Dividend

Ex DateEx DateSep 16, 2019

Final
Final | Div/Share: ₹10.00

Dividend/Share

10.00

Ex DateEx Date

Sep 16, 2019

News & Opinions
Corporate
Garware Hi Tech Films AGM scheduled

Garware Hi Tech Films announced that the Annual General Meeting (AGM) of the company will be held on 24 September 2024.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Earnings
Garware Hi Tech Films consolidated net profit rises 102.22% in the June 2024 quarter

Net profit of Garware Hi Tech Films rose 102.22% to Rs 88.35 crore in the quarter ended June 2024 as against Rs 43.69 crore during the previous quarter ended June 2023. Sales rose 24.96% to Rs 474.47 crore in the quarter ended June 2024 as against Rs 379.71 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales474.47379.71 25 OPM %25.0016.81 - PBDT127.9468.40 87 PBT117.5258.56 101 NP88.3543.69 102 Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
Garware Hi Tech Films to table results

Garware Hi Tech Films will hold a meeting of the Board of Directors of the Company on 8 August 2024.Powered by Capital Market - Live

1 month agoCapital Market - Live

Garware Hi-Tech Films lists on NSE

2 years agoBusiness Today

Garware Hi-Tech Films Ltd. reports a resilient Q4FY21 to close FY21 with strong growth

3 years agoEconomic Times

Garware Polyester rebrands as Garware Hi-Tech Films Ltd

3 years agoThe Hindu Businessline

Garware Polyester Ltd rebrands as Garware Hi-Tech Films Ltd

3 years agoEconomic Times

Garware Polyester consolidated net profit rises 50.93% in the March 2021 quarter

3 years agoBusiness Standard

Garware Polyester changes name

3 years agoThe Hindu

Garware Polyester rebrands as ‘Garware Hi-Tech Films’; Stock ends higher

3 years agoIndia Infoline