Garware Hi-Tech Films Ltd
GRWRHITECHGarware Hi-Tech Films Ltd
GRWRHITECH
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 37.40 | 4.54 | 0.25% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 30.76 | 3.47 | 1.33% |
Forecast & Ratings
Detailed Forecast from 1 analyst
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
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.
Peers
Compare with peersSolar Industries India Ltd
Linde India Ltd
Deepak Nitrite Ltd
Himadri Speciality Chemical Ltd
Sumitomo Chemical India Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
Hmm, looks like data is unavailable here. Please come back after some timeRevenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 863.53 | 881.84 | 838.55 | 956.90 | 936.65 | 1,004.67 | 1,342.06 | 1,480.17 | 1,716.08 | 1,813.27 | ||||||||||
Raw Materials | 455.70 | 437.61 | 395.97 | 441.63 | 395.75 | 366.46 | 597.71 | 648.36 | 821.40 | 1,434.98 | ||||||||||
| Power & Fuel Cost | 83.33 | 78.41 | 69.77 | 84.20 | 86.15 | 81.72 | 106.24 | 127.16 | 124.64 | |||||||||||
| Employee Cost | 79.08 | 76.31 | 75.66 | 80.14 | 93.60 | 107.59 | 122.85 | 121.87 | 142.67 | |||||||||||
| Selling & Administrative Expenses | 59.07 | 61.93 | 59.76 | 62.07 | 61.33 | 76.93 | 116.84 | 119.76 | 135.35 | |||||||||||
| Operating & Other expenses | 99.22 | 147.06 | 148.90 | 135.80 | 126.35 | 138.32 | 120.93 | 193.66 | 170.96 | |||||||||||
EBITDA | 87.13 | 80.52 | 88.49 | 153.06 | 173.47 | 233.65 | 277.49 | 269.36 | 321.06 | 378.29 | ||||||||||
| Depreciation/Amortization | 16.96 | 13.82 | 13.63 | 13.85 | 20.29 | 23.97 | 28.19 | 32.41 | 39.02 | 39.60 | ||||||||||
| PBIT | 70.17 | 66.70 | 74.86 | 139.21 | 153.18 | 209.68 | 249.30 | 236.95 | 282.04 | 338.69 | ||||||||||
| Interest & Other Items | 43.52 | 33.12 | 25.03 | 19.34 | 18.46 | 19.59 | 18.24 | 16.99 | 11.78 | 9.48 | ||||||||||
| PBT | 26.65 | 33.58 | 49.83 | 119.87 | 134.72 | 190.09 | 231.06 | 219.96 | 270.26 | 329.21 | ||||||||||
| Taxes & Other Items | 10.15 | 11.14 | 16.71 | 38.24 | 48.70 | 64.13 | 63.89 | 53.81 | 66.96 | 81.26 | ||||||||||
| Net Income | 16.50 | 22.44 | 33.12 | 81.63 | 86.02 | 125.96 | 167.17 | 166.15 | 203.30 | 247.95 | ||||||||||
| EPS | 7.10 | 9.65 | 14.26 | 35.14 | 37.03 | 54.22 | 71.96 | 71.52 | 87.51 | 106.73 | ||||||||||
| DPS | 0.00 | 1.00 | 2.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | ||||||||||
| Payout ratio | 0.00 | 0.10 | 0.14 | 0.28 | 0.27 | 0.18 | 0.14 | 0.14 | 0.11 | 0.09 |
Company Updates
Annual report
PDFPeers & Comparison
MaterialsCommodity Chemicals
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Garware Hi-Tech Films Ltd | 45.62 | 4.54 | 0.25% |
| Solar Industries India Ltd | 109.87 | 26.80 | 0.08% |
| Linde India Ltd | 148.11 | 18.54 | 0.16% |
| Deepak Nitrite Ltd | 45.05 | 7.57 | 0.28% |
Price Comparison
Compare GRWRHITECH with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Increased Total Retail Holding
In last 3 months, retail holding in the company has increased by 1.26%
Increased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has increased by 1.04%
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
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) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
LIC MF Large & Midcap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.8441% | Percentage of the fund’s portfolio invested in the stock 2.67% | Change in the portfolio weight of the stock over the last 3 months 1.08% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 45/87 (+5) |
LIC MF Multi Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.4832% | Percentage of the fund’s portfolio invested in the stock 3.49% | Change in the portfolio weight of the stock over the last 3 months 1.26% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 2/87 (+4) |
Bandhan Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.4267% | Percentage of the fund’s portfolio invested in the stock 0.49% | Change in the portfolio weight of the stock over the last 3 months 0.49% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 145/193 (+35) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividend Cuts
GRWRHITECH has increased or maintained dividend levels over the last 5 years
Dividend Yield
Current dividend yield is 0.24%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹2.38 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateSep 17, 2024
Dividend/Share
₹10.00
Ex DateEx Date
Sep 17, 2024
Cash Dividend
Ex DateEx DateSep 20, 2023
Dividend/Share
₹10.00
Ex DateEx Date
Sep 20, 2023
Cash Dividend
Ex DateEx DateSep 19, 2022
Dividend/Share
₹10.00
Ex DateEx Date
Sep 19, 2022
Cash Dividend
Ex DateEx DateSep 20, 2021
Dividend/Share
₹10.00
Ex DateEx Date
Sep 20, 2021
Cash Dividend
Ex DateEx DateMar 23, 2020
Dividend/Share
₹10.00
Ex DateEx Date
Mar 23, 2020
Garware Hi Tech Films will hold a meeting of the Board of Directors of the Company on 14 November 2024Powered by Capital Market - Live
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
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
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
Garware Hi-Tech Films lists on NSE
Garware Hi-Tech Films Ltd. reports a resilient Q4FY21 to close FY21 with strong growth
Garware Polyester rebrands as Garware Hi-Tech Films Ltd
Garware Polyester Ltd rebrands as Garware Hi-Tech Films Ltd
Garware Polyester consolidated net profit rises 50.93% in the March 2021 quarter
Garware Polyester changes name
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 12.39%, vs industry avg of 9.51%
Increasing Market Share
Over the last 5 years, market share increased from 1.31% to 1.45%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 20.02%, vs industry avg of 4.51%