Garware Hi-Tech Films FY26 Audited Results Published Across Newspapers
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.

*this image is generated using AI for illustrative purposes only.
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?


































