Garware Hi-Tech Films

3,657.70

+37.60

(1.04%)

Market Cap (₹ Cr.)

₹8,493

52 Week High

4,218.00

Book Value

₹880

52 Week Low

1,290.90

PE Ratio

34.25

PB Ratio

4.15

PE for Sector

30.66

PB for Sector

3.46

ROE

8.95 %

ROCE

13.42 %

Dividend Yield

0.27 %

EPS

₹106.73

Industry

Packaging

Sector

Packaging

Investment Returns

In Long Term

In Short Term

1 Year

0.00%

2 Years

0.00%

3 Years

0.00%

4 Years

0.00%

5 Years

0.00%

Growth Rate

Revenue Growth

15.94 %

Net Income Growth

22.36 %

Cash Flow Change

-21.04 %

ROE

11.05 %

ROCE

20.06 %

EBITDA Margin (Avg.)

2.81 %

Financial Results

Quarterly Financials	Mar 2015	Jun 2015	Sept 2015	Dec 2015	Mar 2016	Jun 2016	Sept 2016	Dec 2016	Mar 2017	Jun 2017	Sept 2017	Dec 2017	Mar 2018	Jun 2018	Sept 2018	Dec 2018	Mar 2019	Jun 2019	Sept 2019	Dec 2019	Mar 2020	Jun 2020	Sept 2020	Dec 2020	Mar 2021	Jun 2021	Sept 2021	Dec 2021	Mar 2022	Jun 2022	Sept 2022	Dec 2022	Mar 2023	Jun 2023	Sept 2023	Dec 2023	Mar 2024	Jun 2024
Revenue	238	236	216	193	203	223	213	209	222	207	205	196	221	232	246	224	230	254	240	198	211	176	254	259	287	308	336	316	343	362	368	317	305	335	393	442	450	477
Expenses	216	209	196	177	182	196	195	194	204	182	186	179	193	192	204	200	195	203	195	172	165	142	182	197	232	240	271	251	273	290	302	259	258	283	323	363	362	333
EBITDA	23	28	20	16	21	26	18	16	18	26	18	17	27	40	43	24	35	51	45	26	46	34	72	62	54	68	65	65	70	72	65	59	47	52	70	78	88	144
Operating Profit %	2 %	10 %	6 %	5 %	10 %	11 %	8 %	7 %	7 %	12 %	8 %	8 %	12 %	17 %	17 %	10 %	14 %	19 %	18 %	12 %	16 %	19 %	28 %	23 %	17 %	20 %	17 %	19 %	17 %	18 %	16 %	16 %	11 %	13 %	16 %	16 %	17 %	26 %
Depreciation	4	4	4	4	4	3	3	3	3	3	3	3	3	3	3	3	3	5	5	5	6	6	6	6	7	7	7	7	7	7	7	8	9	10	10	10	9	10
Interest	11	11	12	11	9	9	7	10	7	7	7	6	5	5	5	5	4	5	4	5	4	4	5	4	5	4	4	4	4	4	4	4	4	4	3	2	1	1
Profit Before Tax	8	12	4	1	8	14	7	3	8	15	9	8	19	32	35	15	27	42	36	16	36	24	61	52	43	57	53	54	58	60	54	47	34	38	58	67	77	132
Tax	0	0	0	-0	-1	3	1	0	2	5	2	2	4	7	8	3	6	9	6	2	5	4	11	9	7	10	9	9	10	14	13	9	6	9	13	16	17	28
Net Profit	5	8	3	1	5	10	5	2	6	10	6	5	12	21	23	10	20	27	23	11	26	16	39	34	29	37	42	38	43	45	41	35	27	29	44	51	58	104
EPS in ₹	2.05	3.53	1.18	0.46	2.29	4.25	1.93	0.73	2.49	4.34	2.58	2.24	5.38	9.10	9.80	4.33	8.76	11.66	10.02	4.68	11.06	6.81	16.95	14.83	12.50	15.91	17.91	16.43	18.71	19.44	17.48	15.15	11.47	12.31	18.78	21.80	24.99	44.78

Show % Change

Above figures are in Rs. Crores

Balance Sheet

Balance Sheet	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	1,032	1,009	1,651	1,566	1,635	1,664	1,851	2,104	2,178	2,257
Fixed Assets	649	647	1,230	1,225	1,238	1,279	1,329	1,340	1,466	1,449
Current Assets	282	263	300	229	290	288	416	567	615	707
Capital Work in Progress	11	5	8	10	11	20	11	96	10	2
Investments	0	0	30	37	122	117	227	275	394	364
Other Assets	372	356	383	294	265	248	284	392	308	442
Total Liabilities	465	424	397	275	271	269	303	416	364	279
Current Liabilities	367	344	373	131	150	135	177	248	235	214
Non Current Liabilities	97	80	25	144	121	134	126	169	129	65
Total Equity	567	584	1,253	1,291	1,364	1,395	1,547	1,688	1,813	1,979
Reserve & Surplus	544	561	1,230	1,268	1,341	1,372	1,524	1,665	1,790	1,955
Share Capital	23	23	23	23	23	23	23	23	23	23

Show % Change

Above figures are in Rs. Crores

Cash Flow

Cash Flow	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Cash Flow	-39	-2	25	-47	-12	-4	19	4	-14	-5
Investing Activities	-21	-5	-11	-5	-101	-31	-126	-141	-170	45
Operating Activities	88	97	80	129	137	90	179	138	243	117
Financing Activities	-106	-95	-44	-171	-48	-63	-35	7	-87	-167

Show % Change

Above figures are in Rs. Crores

Share Holding

% Holding	Mar 2021	Jun 2021	Sept 2021	Dec 2021	Mar 2022	Jun 2022	Sept 2022	Dec 2022	Mar 2023	Jun 2023	Sept 2023	Dec 2023	Mar 2024	Jun 2024	Sept 2024
Promoter	60.72 %	60.72 %	60.72 %	60.72 %	60.72 %	60.72 %	60.72 %	60.72 %	60.72 %	60.72 %	60.72 %	60.72 %	60.72 %	60.72 %	60.72 %
FIIs	0.03 %	0.03 %	0.10 %	0.11 %	0.10 %	0.07 %	0.11 %	0.07 %	0.17 %	0.11 %	0.13 %	0.11 %	0.30 %	0.51 %	1.56 %
DIIs	3.88 %	3.81 %	3.20 %	3.24 %	3.27 %	3.22 %	2.04 %	2.40 %	2.20 %	2.36 %	3.51 %	3.79 %	4.22 %	4.77 %	4.49 %
Government	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %
Public / Retail	35.37 %	35.44 %	35.98 %	35.93 %	35.92 %	36.00 %	37.13 %	36.81 %	36.91 %	36.81 %	35.65 %	35.39 %	34.76 %	34.00 %	33.24 %

Show % Change

Dividend History

Peer Comparison Compare Peers on Screener

Competitors	LTP	Market Cap (₹ Cr.)	P/E Ratio	Revenue (₹ Cr.)	YoY Revenue Growth %	Net Profit (₹ Cr.)	YoY Profit Growth %	RSI
INOX India	1,076.40	9,772.05	51.00	1,162.49	17.89	196	-7.79	33.87
Garware Hi-Tech Films	3,657.70	8,493.07	34.25	1,716.08	15.94	203	102.22	49.50
Essel Propack	261.85	8,342.35	32.09	3,975.50	6.40	210	18.17	51.68
AGI Greenpac	889.45	5,762.27	22.95	2,742.26	21.21	70	-0.41	44.10
UFLEX	571.95	4,125.72	18.58	13,522.60	-8.58	-691	76.35	28.24
Polyplex Corporation	1,111.10	3,489.27	36.94	6,367.13	-17.82	86	1,042.09	44.65
TCPL Packaging	3,033.30	2,761.40	25.26	1,551.95	4.54	101	34.41	33.62
Xpro	1,049.95	2,331.41	48.45	477.60	-7.23	44	24.18	38.66
Mold-Tek Packaging	674.55	2,243.28	35.25	633.04	31.93	64	-4.04	22.47
Huhtamaki PPL	273.60	2,064.39	23.50	2,051.62	-	79	-20.68	20.00

Corporate Action

Technical Indicators

RSI(14)

Neutral

49.50

ATR(14)

Volatile

217.35

STOCH(9,6)

Neutral

23.59

STOCH RSI(14)

Oversold

8.75

MACD(12,26)

Bearish

-59.42

ADX(14)

Strong Trend

31.24

UO(9)

Bearish

47.82

ROC(12)

Downtrend But Slowing Down

-4.37

WillR(14)

Neutral

-74.15