GRWRHITECH
Garware Hi-Tech Films Limited (GRWRHITECH) Stock Analysis
Garware Hi-Tech Films Limited is an Indian manufacturer of polyester films for packaging, electrical, and industrial uses. It supplies specialty films to global and domestic customers. The company was demerged from Garware Technical Fibres. It is listed on Indian stock exchanges.
Basic Materials › Specialty Chemicals
₹6,466.00
-6.58% 1W | +103.50% 52W
Market Cap
15.0k CR
P/E Ratio
38.8
52W High
₹7990
52W Low
₹2690.7
Div. Yield
0.18%
Beta
0.7
50 DMA
₹7021.8
200 DMA
₹5064.3
Profit Margin
17.2%
Inst. Own.
10.1%
⚠️ BREAKDOWN
⚠️ BREAKDOWN
Fundamentals
Profit & Loss
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 380 | 397 | 454 | 447 | 474 | 621 | 466 | 548 | 495 | 570 | 459 | 597 | 633 |
| Expenses | 316 | 332 | 379 | 368 | 356 | 484 | 385 | 443 | 385 | 450 | 388 | 461 | 461 |
| Operating Profit | 64 | 65 | 75 | 78 | 119 | 137 | 81 | 104 | 110 | 119 | 70 | 135 | 172 |
| OPM % | 17% | 16% | 17% | 18% | 25% | 22% | 17% | 19% | 22% | 21% | 15% | 23% | 27% |
| Other Income | 9 | 9 | 9 | 12 | 11 | 14 | 12 | 17 | 13 | 14 | 16 | 21 | 20 |
| Interest | 4 | 4 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Depreciation | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 11 | 11 | 12 | 12 | 13 |
| Profit before tax | 59 | 61 | 73 | 78 | 118 | 138 | 81 | 109 | 110 | 120 | 73 | 142 | 176 |
| Tax % | 25% | 24% | 23% | 26% | 25% | 25% | 25% | 29% | 25% | 24% | 24% | 24% | 25% |
| Net Profit | 44 | 46 | 56 | 58 | 88 | 104 | 61 | 78 | 83 | 91 | 56 | 108 | 133 |
| EPS in Rs | 18.81 | 19.76 | 24.05 | 24.88 | 38.03 | 44.88 | 26.17 | 33.49 | 35.73 | 39.27 | 24.01 | 46.58 | 57.10 |
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 896 | 857 | 874 | 833 | 948 | 925 | 989 | 1,303 | 1,438 | 1,677 | 2,109 | 2,120 | 2,258 |
| Expenses | 836 | 776 | 801 | 750 | 804 | 763 | 770 | 1,065 | 1,211 | 1,395 | 1,668 | 1,685 | 1,761 |
| Operating Profit | 60 | 81 | 73 | 83 | 144 | 162 | 219 | 238 | 227 | 282 | 441 | 435 | 497 |
| OPM % | 7% | 9% | 8% | 10% | 15% | 17% | 22% | 18% | 16% | 17% | 21% | 21% | 22% |
| Other Income | 27 | 6 | 8 | 5 | 9 | 12 | 15 | 39 | 42 | 39 | 54 | 65 | 71 |
| Interest | 44 | 44 | 33 | 25 | 19 | 18 | 20 | 18 | 17 | 12 | 9 | 8 | 9 |
| Depreciation | 15 | 17 | 14 | 14 | 14 | 20 | 24 | 28 | 32 | 39 | 41 | 45 | 47 |
| Profit before tax | 27 | 27 | 34 | 50 | 120 | 135 | 190 | 231 | 220 | 270 | 445 | 446 | 512 |
| Tax % | 35% | 38% | 33% | 34% | 32% | 36% | 34% | 28% | 24% | 25% | 26% | 24% | |
| Net Profit | 18 | 16 | 22 | 33 | 82 | 86 | 126 | 167 | 166 | 203 | 331 | 338 | 388 |
| EPS in Rs | 7.64 | 7.08 | 9.66 | 14.26 | 35.14 | 37.03 | 54.21 | 71.96 | 71.51 | 87.50 | 142.57 | 145.59 | 166.96 |
| Dividend Payout % | 0% | 0% | 10% | 14% | 28% | 27% | 18% | 14% | 14% | 11% | 8% | 8% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 14.0% | 16.0% | 9.0% |
| Profit CAGR | 27.0% | 22.0% | 36.0% |
Shareholding Pattern
Promoters60.73%
FIIs3.86%
DIIs4.89%
Public30.53%
Promoters60.73%
FIIs3.58%
DIIs4.96%
Public30.74%
Promoters60.73%
FIIs3.96%
DIIs5.35%
Public29.98%
Promoters60.73%
FIIs3.98%
DIIs5.28%
Public30.04%
Promoters60.73%
FIIs4.22%
DIIs6.35%
Public28.72%
Promoters60.73%
FIIs0.18%
DIIs2.19%
Public36.91%
Promoters60.73%
FIIs0.31%
DIIs4.21%
Public34.75%
Promoters60.73%
FIIs3.50%
DIIs4.75%
Public31.03%
Promoters60.73%
FIIs3.98%
DIIs5.28%
Public30.04%
Promoters60.73%
FIIs4.22%
DIIs6.35%
Public28.72%
GRWRHITECH
Holdings Analysis
Key strengths & risk signals
63
Overall
74
Fundamental
53
Technical
Risks (4)
NEGLIGIBLE DIVIDEND! 0.18% yield - little to no income.
BEARISH SENTIMENT! In last 30 days: 15 up days, 15 down days. Avg volume on up days: 54,723 vs down days: 113,287. Ratio: 0.48x
RECOVERY MODE! Current price (6466.0) above 200-day but below 50-day.
NEGATIVE MOMENTUM! Price declined across timeframes - down 6.6% (1 week), 8.0% (1 month), 4.6% (3 months).
Strengths (4)
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
BULLISH TREND! 50-day average (7021.8) is above 200-day average (5064.3) - positive signal.
EXCELLENT YEAR! Stock gained 103.5% in the last year.
LOW VOLATILITY! Beta of 0.70 - stable stock, less market risk.
Fundamental & Technical Analysis
63Overall
74Fundamental
53Technical
Fundamental Breakdown
Growth Quality
26/30
Revenue CAGR: 14.0% (GOOD, 11/15). Profit CAGR: 26.7% (EXCELLENT, 15/15).
Profit Margin
6/10
GOOD EFFICIENCY! 17.2% profit margin - above average profitability.
PEG Valuation
9/10
FAIRLY VALUED! PEG of 1.45 indicates reasonable valuation.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0.18% yield - little to no income.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.00 - excellent financial health.
Public Holding
10/20
SIGNIFICANT PUBLIC HOLDING! 36.81% public ownership - moderate retail influence.
Stability Index
10/10
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
Technical Breakdown
Moving Averages
12/10
BULLISH TREND! 50-day average (7021.8) is above 200-day average (5064.3) - positive signal.
Price Position
2/10
RECOVERY MODE! Current price (6466.0) above 200-day but below 50-day.
Trend Pattern
10/20
BREAKDOWN! Stock has broken below support levels - weakness present.
52W Performance
10/10
EXCELLENT YEAR! Stock gained 103.5% in the last year.
Volume Sentiment
5/30
BEARISH SENTIMENT! In last 30 days: 15 up days, 15 down days. Avg volume on up days: 54,723 vs down days: 113,287. Ratio: 0.48x
RSI
4/5
APPROACHING OVERSOLD! RSI at 38.3 - watch for reversal.
52W Range
4/5
UPPER HALF! Trading at 71.2% of 52W range - positive territory.
Momentum
1/5
NEGATIVE MOMENTUM! Price declined across timeframes - down 6.6% (1 week), 8.0% (1 month), 4.6% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.70 - stable stock, less market risk.
GRWRHITECH
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q1FY272026-08-11 | Concall PDF | |
| Q4FY262026-05-11 | Concall PDF | |
| Q3FY262026-02-06 | Concall PDF | |
| Q2FY262025-11-18 | Concall PDF |
Peer Comparison
Basic Materials · Specialty Chemicals · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GRWRHITECH | ₹6,466.00 | 38.8 | 17.2% | 14.0% | 26.7% | +103.5% | 63 | BREAKDOWN | +59.8% | +22.6% | +27.9% | +6.1% |
| SHAILY | ₹3,261.00 | 84.9 | 17.3% | 17.5% | 69.1% | +36.2% | 80 | BREAKDOWN | +16.8% | +19.4% | +13.8% | +18.5% |
| KANSAINER | ₹182.30 | 24.6 | 7.3% | 2.2% | 7.6% | -27.3% | 54 | BREAKDOWN | +4.8% | +106.2% | +9.8% | +21.5% |
| JSWDULUX | ₹3,161.80 | 7.3 | 53.7% | -1.8% | 80.6% | -5.6% | 72 | APPROACHING RESISTANCE | -12.4% | -36.6% | -2.8% | +9.2% |
| FINEORG | ₹5,150.00 | 36 | 17.7% | -8.2% | -12.3% | +8.6% | 66 | CONSOLIDATING DOWN | +17.9% | +17.5% | +18.0% | +11.0% |
| BASF | ₹3,662.00 | 25.6 | 4.0% | 3.1% | 1.4% | -22.2% | 58 | BREAKDOWN | +162.2% | +422.9% | +28.9% | +40.2% |
| PRIVISCL | ₹3,521.40 | 40.6 | 13.1% | 16.6% | 145.2% | +42.1% | 72 | CONSOLIDATING UP | +36.0% | -10.1% | +19.2% | -7.7% |
| SPLPETRO | ₹864.40 | 33.5 | 8.5% | 0.7% | -12.9% | +2.0% | 65 | BREAKOUT | +190.1% | +40.8% | +22.5% | +6.8% |
Data from TradeAlone · Updated daily
