Garware Hi-Tech Films Ltd
Press Release on Un-Audited Financial Results for the Quarter Ended June 30, 2026
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 06 Aug 2026, 01:03 PM IST · BSE ID: ea3ebcb7-f77a-478d-aee2-e2bfeebe9d32
View Original BSE Filing (PDF)
💡
In Simple Terms
Garware Hi-Tech Films reported significant growth in sales and profits for the first quarter of fiscal year 2027.
🤖 AI Summary
- Garware Hi-Tech Films reported consolidated Revenue from operations of Rs 633 crore in Q1 FY27, up 28% YoY.
- Consolidated EBITDA for Q1 FY27 was Rs 192 crore, a 56% YoY increase, with a 30.3% EBITDA Margin.
- Consolidated PAT reached Rs 133 crore in Q1 FY27, representing a 60% YoY growth, with EPS at Rs 57.
- Company is on track to commission a TPU line in Q3 FY27 and a Rs 191 crore SCF line in H1 FY28.
- Expanded Global Application Studios (GAS) with 14 international additions and Domestic GAS to 250+ outlets.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Revenue from operations
633 INR crores
28%
EBITDA
192 INR crores
56%
EBITDA Margin %
30.3%
544 bps
PAT Margin %
21.0%
418 bps
🏢 How This Affects the Company
The company reported its highest ever quarterly revenue, driven by demand in architectural and automotive segments, expanding market reach with new product launches and D2C channel growth domestically and internationally.
Increased revenue and margin expansion led to a 60% YoY rise in PAT to Rs 133 crore, strengthening profitability and earnings momentum.
Capacity expansion with the upcoming TPU line in Q3 FY27 and a new SCF line in H1 FY28 will add ~1,200 LSF capacity, enhancing production capabilities.
The recommendation for anti-dumping duty on Chinese TPU-based PPF imports is expected to enhance the company's competitive position in the domestic PPF business.
👥 What This Means For Shareholders
✅
Action Required
No specific action is required from shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected as the company's financial performance influences the underlying value of their holdings through earnings and operational efficiency.
🔍
Management Signal
Management is focused on expanding product applications, increasing customer reach, and strengthening global specialized films position through capacity additions and D2C channels.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Commissioning of TPU line in Q3 FY27 for new capacity.
Progress on Rs 191 crore SCF line, expected H1 FY28.
Scaling of Domestic GHS to 50 by end of FY27.
LOW RISK
The filing indicates strong financial performance and strategic expansion, with no apparent new risks.
💡 Investor Takeaway
Garware Hi-Tech Films reported Q1 FY27 consolidated Revenue from operations of Rs 633 crore, up 28% YoY, and PAT of Rs 133 crore, up 60% YoY. EBITDA Margin expanded by 544 bps YoY to 30.3%, indicating strong operational performance.
⚖️ Strengths & Concerns
✅ Positives
- Consolidated Revenue from operations grew 28% YoY to Rs 633 crore in Q1 FY27, driven by demand revival and improved realizations.
- Consolidated PAT increased 60% YoY to Rs 133 crore, supported by strong operating performance and margin expansion to 21.0%.
📅 Company Track Record
A past filing on July 31, 2026, informed BSE of a Board Meeting scheduled for August 06, 2026, to approve the Q1 FY27 unaudited financial results, which have now been released.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Garware Hi-Tech Films' consolidated revenue from operations in Q1 FY27?
Garware Hi-Tech Films reported consolidated Revenue from operations of Rs 633 crore for Q1 FY27, an increase of 28% compared to Q1 FY26.
What was Garware Hi-Tech Films' consolidated PAT for the quarter ended June 30, 2026?
The consolidated PAT for Garware Hi-Tech Films for Q1 FY27 was Rs 133 crore, representing a 60% increase over Q1 FY26.
What was the EBITDA Margin for Garware Hi-Tech Films in Q1 FY27?
Garware Hi-Tech Films recorded an EBITDA Margin of 30.3% in Q1 FY27, which is a 544 bps expansion from Q1 FY26.
What capital expenditure projects are underway for Garware Hi-Tech Films?
A TPU line commissioning is on track for Q3 FY27, and a Rs 191 crore SCF line is progressing, expected to begin commercial production in H1 FY28, adding ~1,200 LSF of capacity.
How has Garware Hi-Tech Films expanded its direct-to-consumer presence?
Garware Hi-Tech Films expanded its Global Application Studios (GAS) with 14 international additions and its Domestic Garware Application Studios to over 250 across India.
Questions based on this BSE filing only. For information purposes.