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Day Open
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Day High
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NSE Close — 28 Sep 2026
₹6,653.5
Change
+13.5 (0.2%)
Open
₹6,609.5
Prev. Close
₹6,640.0
Day High
₹6,738.5
Day Low
₹6,526.5
Volume Analysis
Traded
33,997
Delivered
17,309
Delivery %
50.91%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (1)
- •Strong operating margin (22.0%)
Weaknesses (0)
No signal for this stock
Opportunities (2)
- •Strong 3-year EPS growth (26.7%)
- •FII holding has been rising
Threats (0)
No signal for this stock
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹6,964.5 | ₹6,851.5 | ₹6,752.5 | ₹6,639.5 | ₹6,540.5 | ₹6,427.5 | ₹6,328.5 |
| Fibonacci | ₹6,851.5 | ₹6,770.52 | ₹6,720.48 | ₹6,639.5 | ₹6,558.52 | ₹6,508.48 | ₹6,427.5 |
| Camarilla | ₹6,711.8 | ₹6,692.37 | ₹6,672.93 | ₹6,639.5 | ₹6,634.07 | ₹6,614.63 | ₹6,595.2 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
+114.64%
1 Week
+4.51%
1 Month
-7.9%
3 Months
-3.83%
6 Months
+79.66%
1 Year
+127.82%
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹1,935.0
Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
13.59%
Net margin 17.18% × asset turnover 0.7x × equity multiplier 1.13x
Company Overview
Sector
Capital Goods
Market Cap
₹14,952 Cr
P/E (TTM)
38.6
ROE
13.5%
Book Value
₹1,143.0
Face Value
₹10.0
Source: Screener.in (Consolidated figures) — data as of 24 Sep 2026. Not investment advice.
TopFund Analysis
Garware Hi-tech Films Ltd holds up reasonably well on TopFund's composite fundamentals check within the Capital Goods sector, at 66/100. The strongest factor is Financial Strength (100/100), while Risk & Volatility (19/100) is the weakest area to weigh before deciding. Notably: Strong operating margin (22.0%). Strong 3-year EPS growth (26.7%).
TopFund Score — Fundamentals Quality
66/100 — GoodData confidence: 79/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 28 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- +Company is almost debt free.
- +Company has delivered good profit growth of 22.0% CAGR over last 5 years
- −Company has a low return on equity of 13.1% over last 3 years.
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
One-on-one analyst/institutional investor meeting on 29 September 2026 in Mumbai with Avendus Spark.
69th AGM held on September 23, 2026; financials, dividend, director reappointment and auditor ratification transacted.
Garware Hi-Tech Films signs MoU with Lubrizol for ₹118 crore TPU platform, operational by December 2026.
Newspaper Publication containing information w.r.t. Notice of 69th AGM and e-Voting
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| 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 % | 17.0% | 16.0% | 17.0% | 18.0% | 25.0% | 22.0% | 17.0% | 19.0% | 22.0% | 21.0% | 15.0% | 23.0% | 27.0% |
| 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 % | 25.0% | 24.0% | 23.0% | 26.0% | 25.0% | 25.0% | 25.0% | 29.0% | 25.0% | 24.0% | 24.0% | 24.0% | 25.0% |
| Net Profit + | 44 | 46 | 56 | 58 | 88 | 104 | 61 | 78 | 83 | 91 | 56 | 108 | 133 |
| EPS in Rs | 19 | 20 | 24 | 25 | 38 | 45 | 26 | 33 | 36 | 39 | 24 | 47 | 57 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| 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 % | 7.0% | 9.0% | 8.0% | 10.0% | 15.0% | 17.0% | 22.0% | 18.0% | 16.0% | 17.0% | 21.0% | 21.0% | 22.0% |
| 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 % | 35.0% | 38.0% | 33.0% | 34.0% | 32.0% | 36.0% | 34.0% | 28.0% | 24.0% | 25.0% | 26.0% | 24.0% | — |
| Net Profit + | 18 | 16 | 22 | 33 | 82 | 86 | 126 | 167 | 166 | 203 | 331 | 338 | 388 |
| EPS in Rs | 8 | 7 | 10 | 14 | 35 | 37 | 54 | 72 | 72 | 88 | 143 | 146 | 167 |
| Dividend Payout % | 0.0% | 0.0% | 10.0% | 14.0% | 28.0% | 27.0% | 18.0% | 14.0% | 14.0% | 11.0% | 8.0% | 8.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reserves | 545 | 562 | 1,231 | 1,269 | 1,349 | 1,380 | 1,540 | 1,688 | 1,833 | 2,022 | 2,349 | 2,633 |
| Borrowings + | 368 | 315 | 312 | 171 | 149 | 147 | 138 | 182 | 141 | 0 | 0 | 0 |
| Other Liabilities + | 105 | 119 | 87 | 107 | 125 | 128 | 167 | 240 | 218 | 279 | 310 | 354 |
| Total Liabilities | 1,042 | 1,020 | 1,653 | 1,570 | 1,646 | 1,679 | 1,868 | 2,133 | 2,214 | 2,324 | 2,682 | 3,010 |
| Fixed Assets + | 649 | 648 | 1,231 | 1,226 | 1,238 | 1,279 | 1,329 | 1,341 | 1,467 | 1,450 | 1,442 | 1,577 |
| CWIP | 11 | 5 | 8 | 10 | 11 | 20 | 11 | 96 | 10 | 2 | 39 | 27 |
| Investments | 1 | 1 | 29 | 36 | 120 | 116 | 226 | 274 | 393 | 363 | 643 | 698 |
| Other Assets + | 381 | 366 | 386 | 298 | 277 | 264 | 302 | 423 | 344 | 508 | 557 | 709 |
| Total Assets | 1,042 | 1,020 | 1,653 | 1,570 | 1,646 | 1,679 | 1,868 | 2,133 | 2,214 | 2,324 | 2,682 | 3,010 |
| Equity Capital | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 91 | 101 | 77 | 134 | 141 | 99 | 199 | 172 | 218 | 172 | 330 | 275 |
| Cash from Investing Activity + | -20 | -5 | -12 | -5 | -101 | -44 | -126 | -141 | -168 | 46 | -275 | -200 |
| Cash from Financing Activity + | -107 | -96 | -40 | -172 | -49 | -64 | -36 | 6 | -89 | -169 | -52 | -60 |
| Net Cash Flow | -36 | 0 | 25 | -43 | -8 | -9 | 38 | 37 | -39 | 48 | 2 | 16 |
| CFO/OP | 165 | 131 | 117 | 174 | 116 | 79 | 109 | 90 | 117 | 84 | 100 | 83 |
| Free Cash Flow | 63 | 92 | 61 | 124 | 115 | 45 | 139 | 64 | 152 | 156 | 276 | 114 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Public | 35.65% | 35.38% | 34.75% | 34.0% | 33.25% | 32.27% | 31.03% | 30.53% | 30.74% | 29.98% | 30.04% | 28.72% |
| Promoters | 60.73% | 60.73% | 60.73% | 60.73% | 60.73% | 60.73% | 60.73% | 60.73% | 60.73% | 60.73% | 60.73% | 60.73% |
| FII | 0.14% | 0.12% | 0.31% | 0.52% | 1.56% | 2.69% | 3.5% | 3.86% | 3.58% | 3.96% | 3.98% | 4.22% |
| DII | 3.49% | 3.77% | 4.21% | 4.76% | 4.48% | 4.33% | 4.75% | 4.89% | 4.96% | 5.35% | 5.28% | 6.35% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Capital Goods — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| Garware Hi-tech Films Ltd (this stock) | 14,952 | 38.6 | 5.64 | 13.5% |
| Action Const Equip Ltd | 14,778 | 33.8 | 7.34 | 22.8% |
| Apollo Micro Systems Ltd | 14,764 | 122.0 | 10.79 | 11.8% |
| Zen Technologies Limited | 15,190 | 83.6 | 8.05 | 10.7% |
| Lloyds Engg Work Limited | 15,290 | 68.4 | 8.22 | 15.1% |
| Godawari Pow & Isp Ltd | 15,401 | 18.8 | 2.66 | 15.3% |
| Astra Microwave Ltd | 15,431 | 81.6 | 11.78 | 16.0% |
Which Mutual Funds Hold Garware Hi-tech Films Ltd?
Frequently Asked Questions about Garware Hi-tech Films Ltd
Garware Hi-tech Films Ltd (GRWRHITECH) closed at ₹6,653.5 on NSE on 28 September 2026, up 13.5 (0.2%) from the previous close.
Garware Hi-tech Films Ltd trades on the NSE (National Stock Exchange of India) under the symbol GRWRHITECH.
Garware Hi-tech Films Ltd has a trailing twelve-month P/E (price-to-earnings) ratio of 38.6.
Garware Hi-tech Films Ltd has a dividend yield of 0.19%.
Garware Hi-tech Films Ltd's 52-week high is ₹7,990.0 and its 52-week low is ₹2,691.0.
Garware Hi-tech Films Ltd has a market capitalisation of ₹14,952 crore.
Garware Hi-tech Films Ltd has a TopFund Quality Score of 66/100 (Good), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
Community Sentiment
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