Garware Hi-Tech Films FY26 Audited Results Published Across Newspapers

3 min read     Updated on 08 May 2026, 08:22 AM
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Garware Hi-Tech Films released audited standalone and consolidated financial results for Q4 and full year ended March 31, 2026, approved at the Board meeting on May 6, 2026. Consolidated net profit after tax stood at ₹338.23 crore for FY26, with total income from operations at ₹2,184.95 crore. The Board recommended a final dividend of ₹12 per equity share, and the audio recording of the May 7, 2026 earnings conference call has been made available on the company's website.

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Garware Hi-Tech Films Limited has released its audited standalone and consolidated financial results for the quarter and full year ended March 31, 2026. The results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on May 6, 2026. Following the declaration, the company conducted an earnings conference call on May 7, 2026, to discuss the business performance. Pursuant to Regulation 30 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company also disclosed the publication of its audited financial results (standalone and consolidated) in the following newspapers: The Economic Times (English), Maharashtra Times (Marathi), and Sanjay Warta (Marathi). Clippings of the said newspaper publications are available on the company's official website at www.garwarehitechfilms.com .

Standalone Financial Performance

The company's standalone financials reflect the following key metrics for the quarter and year ended March 31, 2026, compared to prior periods (₹ in Crores):

Particulars: Q4 FY26 (31.03.2026) Audited* Q3 FY26 (31.12.2025) Unaudited Q4 FY25 (31.03.2025) Audited* FY26 (31.03.2026) Audited FY25 (31.03.2025) Audited
Total Income from Operations 554.61 468.13 531.09 2,044.15 2,071.64
Net Profit/(Loss) before Tax & Exceptional Items 132.95 70.44 103.10 434.41 447.51
Net Profit/(Loss) after Tax & Exceptional Items 100.14 53.48 73.63 334.73 338.92
Total Comprehensive Income 91.09 46.86 62.73 303.60 355.66
Basic EPS (₹, not annualised) 43.10 23.02 31.69 144.08 145.88

Figures for Q4 FY26 and Q4 FY25 are balancing figures between audited full-year numbers and published unaudited year-to-date figures up to Q3.

Consolidated Financial Performance

The consolidated results, which include the performance of subsidiaries and associates, are presented below for the same periods (₹ in Crores):

Particulars: Q4 FY26 (31.03.2026) Audited* Q3 FY26 (31.12.2025) Unaudited Q4 FY25 (31.03.2025) Audited* FY26 (31.03.2026) Audited FY25 (31.03.2025) Audited
Total Income from Operations 617.82 475.21 564.86 2,184.95 2,163.76
Net Profit/(Loss) before Tax & Exceptional Items 142.39 73.11 108.83 446.22 445.48
Net Profit/(Loss) after Tax & Exceptional Items 108.21 55.77 77.80 338.23 331.22
Total Comprehensive Income 100.29 49.35 67.81 312.25 350.22
Basic EPS (₹, not annualised) 46.58 24.01 33.49 145.59 142.57

Figures for Q4 FY26 and Q4 FY25 are balancing figures between audited full-year numbers and published unaudited year-to-date figures up to Q3.

Dividend and Regulatory Disclosures

The Board of Directors has recommended a final dividend of ₹12 per equity share of ₹10 each for the financial year 2025-26, subject to approval by members at the ensuing Annual General Meeting. The company operates in a single reportable segment — Polyester Films — in accordance with Ind AS 108.

The key regulatory disclosure details are summarised below:

Parameter: Details
Board Meeting Date May 6, 2026
Earnings Call Date May 7, 2026
Newspaper Publication (English) The Economic Times
Newspaper Publication (Marathi) Maharashtra Times, Sanjay Warta
Applicable Regulations SEBI Regulation 30, 33, 46 & 47
Recommended Dividend ₹12 per equity share of ₹10 each
Reportable Segment Polyester Films

Pursuant to Regulation 30 and 46 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has disclosed the audio recording of the Earnings Conference Call held on May 7, 2026. The recording is available on the company's official website and can be accessed directly at the following link: https://www.garwarehitechfilms.com/public/storage/files/audio_file/1778148353_10042668.mp3 .

Historical Stock Returns for Garware Hi-Tech Films

1 Day5 Days1 Month6 Months1 Year5 Years
-2.96%+32.29%+42.27%+55.42%+72.63%+523.30%

How might Garware Hi-Tech Films plan to reverse the slight year-on-year decline in standalone revenue and profitability in FY27, particularly given global demand trends in the polyester films segment?

Could the strong Q4 FY26 consolidated revenue surge of ~30% over Q3 FY26 indicate a structural demand uptick, and is this momentum expected to sustain into the first half of FY27?

With subsidiaries contributing meaningfully to consolidated outperformance over standalone results, which geographies or business units are driving this gap, and are further international expansions planned?

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Garware Hi-Tech Films Re-appoints Deloitte Touche Tohmatsu India LLP as Internal Auditor for FY 2026-27

1 min read     Updated on 07 May 2026, 08:47 AM
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Garware Hi-Tech Films Limited has re-appointed M/s Deloitte Touche Tohmatsu India LLP (LLP Identification No. AAE-8458) as its Internal Auditor for FY 2026-27, with the Board of Directors approving the decision on May 06, 2026, based on the Audit Committee's recommendation. The disclosure was made pursuant to Regulation 30 of the SEBI Listing Regulations and filed with both BSE Limited and the National Stock Exchange of India Limited.

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Garware Hi-Tech Films Limited has re-appointed M/s Deloitte Touche Tohmatsu India LLP (LLP Identification No. AAE-8458) as its Internal Auditor for the financial year 2026-27. The decision was approved by the Board of Directors at its meeting held on May 06, 2026, acting on the recommendation of the Audit Committee. The development was disclosed to the stock exchanges pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Re-appointment Details

The following key details of the re-appointment have been disclosed as required under the SEBI Listing Regulations:

Parameter: Details
Auditor Name: M/s Deloitte Touche Tohmatsu India LLP
LLP Identification No.: AAE-8458
Nature of Change: Re-appointment
Date of Re-appointment: May 06, 2026
Term: Financial Year 2026-27
Recommended by: Audit Committee
Approved by: Board of Directors

Profile of the Internal Auditor

M/s Deloitte Touche Tohmatsu India LLP (DTTILLP) is a member firm of Deloitte Touche Tohmatsu Limited and is a professional services firm offering a wide range of consulting and advisory services. Its service offerings include:

  • Risk Advisory
  • Consulting
  • Financial Advisory
  • Tax
  • Audit & Assurance Services

DTTILLP maintains a presence through 13 offices across India and has over 26,000 professionals. The firm operates in over 150 countries, with offices in major cities worldwide. It serves many leading corporates in India and globally across sectors including Consumer, Financial Services, Technology, Media & Telecommunications, Life Sciences & Healthcare, Energy, Resources & Industrial, and Government & Public Services.

Regulatory Compliance

The disclosure was made in accordance with Regulation 30 of the SEBI Listing Regulations, read with the Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, and Para A of Part A of Schedule III of the SEBI Listing Regulations. The filing was submitted to both BSE Limited and the National Stock Exchange of India Limited. The disclosure was signed by Awaneesh Srivastava, Company Secretary (FCS 8513), on behalf of Garware Hi-Tech Films Limited.

Historical Stock Returns for Garware Hi-Tech Films

1 Day5 Days1 Month6 Months1 Year5 Years
-2.96%+32.29%+42.27%+55.42%+72.63%+523.30%

How might Deloitte's ongoing internal audit relationship with Garware Hi-Tech Films influence the company's risk management framework and internal controls in FY2026-27?

Could Garware Hi-Tech Films' consistent engagement with a Big Four auditor signal upcoming strategic expansions or capital-raising activities that require enhanced financial scrutiny?

How does Garware Hi-Tech Films' internal audit governance compare to peers in the specialty films and packaging industry in terms of auditor quality and tenure?

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1 Year Returns:+72.63%