Garware Hi-Tech Films Limited — Quarter and year ended March 31, 2026
The Compliance Manager / BSE Limited and The Manager, Listing Department / National Stock Exchange of India Limited communication indicates audited standalone and consolidated financial results for the quarter and year ended March 31, 2026.
| Sr. No. | Particulars | For the Quarter Ended | For the Year Ended |
|---|---|---|---|
| 31.03.2026 (Audited)* | 31.12.2025 (Unaudited) | ||
| 1 | a) Revenue from Operations | 532.07 | 451.03 |
| b) Other Income | 22.54 | 17.10 | |
| Total Income | 554.61 | 468.13 | |
| 2 | Expenses | ||
| a) Cost of Materials Consumed | 249.87 | 219.94 | |
| b) Changes in inventories of finished goods, work-in-progress and stock-in-trade | (19.24) | 3.53 | |
| c) Power & Fuel | 32.55 | 31.88 | |
| d) Employees benefit expenses | 41.36 | 40.52 | |
| e) Finance Cost | 1.52 | 1.27 | |
| f) Depreciation and amortisation expense | 11.69 | 11.45 | |
| g) Other expenses | 103.91 | 89.10 | |
| Total Expenses | 421.66 | 397.69 | |
| 3 | Profit before tax (1-2) | 132.95 | 70.44 |
| 4 | Tax Expenses | ||
| Current Tax | 31.65 | 15.14 | |
| Deferred Tax | 1.16 | 1.82 | |
| Total Tax Expenses | 32.81 | 16.96 | |
| 5 | Net Profit after tax (3-4) | 100.14 | 53.48 |
| 6 | Other Comprehensive Income | ||
| Items that will not be reclassified to Profit or Loss | (10.32) | (7.92) | |
| Income tax relating to items that will not be reclassified to Profit or Loss | 1.27 | 1.30 | |
| Total Other comprehensive income, net of income tax | (9.05) | (6.62) | |
| 7 | Total comprehensive income, net of income tax | 91.09 | 46.86 |
| 8 | Paid-up Equity Share Capital (Face value Rs. 10/- each) | 23.23 | 23.23 |
| 9 | Reserves excluding Revaluation Reserves as per Audited Balance Sheet | ||
| 10 | Earning per share (EPS) in Rs. (Not annualised) | ||
| a. Basic EPS (Rs.) | 43.10 | 23.02 | |
| b. Diluted EPS (Rs.) | 43.10 | 23.02 |
| Sr. No | Particulars | As at 31.03.2026 Audited | As at 31.03.2025 Audited |
|---|---|---|---|
| I | ASSETS | ||
| 1 | Non-current Assets | ||
| (a) Property, Plant and Equipment | 1,570.61 | 1,437.10 | |
| (b) Capital work – in – progress | 26.42 | 38.33 | |
| (c) Intangible assets | 1.85 | 0.63 | |
| (d) Intangible assets under Development | 1.02 | 0.87 | |
| (e) Financial Assets | |||
| (i) Investments | 80.69 | 114.78 | |
| (ii) Other financial assets | 2.91 | 4.19 | |
| (f) Other non – current assets | 27.97 | 25.73 | |
| Total Non-current Assets | 1,711.47 | 1,621.63 | |
| 2 | Current assets | ||
| (a) Inventories | 288.99 | 256.61 | |
| (b) Financial Assets | |||
| (i) Investments | 618.19 | 529.75 | |
| (ii) Trade receivables | 194.29 | 142.11 | |
| (iii) Cash and cash equivalents | 45.14 | 19.36 | |
| (iv) Bank balances other than (iii) above | 28.87 | 9.98 | |
| (v) Loans | 0.07 | 0.47 | |
| (vi) Other financial assets | 0.92 | 2.26 | |
| (c) Current tax assets (Net) | – | 2.39 | |
| (d) Assets Classified as Held for Sale | 0.58 | 4.16 | |
| (e) Other current assets | 44.63 | 31.44 | |
| Total Current Assets | 1,221.68 | 998.53 | |
| TOTAL ASSETS | 2,933.15 | 2,620.16 | |
| II | EQUITY AND LIABILITIES | ||
| 1 | Equity | ||
| (a) Equity share capital | 23.23 | 23.23 | |
| (b) Other equity | 2,563.52 | 2,287.80 | |
| Total Equity | 2,586.75 | 2,311.03 | |
| 2 | Non-current liabilities | ||
| (a) Financial Liabilities | |||
| (i) Lease Liabilities | 6.81 | 6.96 | |
| (b) Deferred Tax Liabilities (Net) | 60.18 | 57.96 | |
| (c) Provisions | 6.25 | 6.35 | |
| Total Non-current liabilities | 73.24 | 71.27 | |
| 3 | Current liabilities | ||
| (a) Financial Liabilities | |||
| (i) Lease Liabilities | 5.34 | 4.22 | |
| (ii) Trade payables dues to | |||
| - Micro and Small Enterprises | 23.98 | 20.19 | |
| - Other Than Micro and Small Enterprises | 156.89 | 125.74 | |
| (iii) Other Financial Liabilities | 37.97 | 38.12 | |
| (b) Other current liabilities | 26.60 | 40.51 | |
| (c) Current Tax Liability (Net) | 14.58 | – | |
| (d) Provisions | 7.80 | 9.08 | |
| Total Current liabilities | 273.16 | 237.86 | |
| TOTAL EQUITY AND LIABILITIES | 2,933.15 | 2,620.16 |
| Particulars | Year Ended 31-03-2026 Audited | Year Ended 31-03-2025 Audited |
|---|---|---|
| A. Cash flow from operating activities | ||
| Profit before tax | 434.41 | 447.51 |
| Adjustments for: | ||
| Add / (Less) : | ||
| Depreciation and amortisation expense | 43.95 | 40.34 |
| Finance cost | 5.35 | 6.47 |
| Interest Income | (1.72) | (0.60) |
| Unrealised exchange (gain) / loss | (6.19) | 1.33 |
| (Profit) / loss on sale / write off of Property, Plant & Equipment | 3.66 | – |
| Dividend Income | (29.31) | (23.28) |
| Provision for Doubtful Advances | – | 0.43 |
| Sundry balances written back | (0.27) | (0.32) |
| Net gain on financial assets | (34.94) | (33.12) |
| Operating profit / (loss) | 414.94 | 438.76 |
| Changes in Assets and Liabilities : | ||
| (Increase) / decrease in operating assets: | ||
| Inventories | (32.38) | (15.37) |
| Trade receivables | (45.35) | (21.60) |
| Loans | 0.40 | (0.13) |
| Other financial assets | 0.24 | (0.68) |
| Other assets | (15.43) | (15.32) |
| Increase / (decrease) in operating liabilities: | ||
| Trade payables | 34.39 | (13.23) |
| Other financial liabilities | (1.86) | 20.86 |
| Other liabilities | (13.74) | 17.49 |
| Provisions | (3.95) | (2.79) |
| Cash generated from operations | 337.26 | 407.99 |
| Direct taxes paid | (74.97) | (101.55) |
| Net cash flow from operating activities (A) | 262.29 | 306.44 |
| B. Cash flow from investing activities | ||
| Purchase of Property, Plant and Equipment & Intangible Assets | (161.06) | (58.55) |
| Proceeds from sale of Property, Plant and Equipment | – | 4.40 |
| Interest Income | 1.72 | 0.60 |
| Dividend Income | 29.31 | 23.28 |
| Net (Investment) / Redemption of Mutual Funds | (50.64) | (222.75) |
| Net cash flow used in investing activities (B) | (180.67) | (253.02) |
| C. Cash flow from financing activities | ||
| Finance cost | (5.35) | (6.47) |
| (Repayment) of Lease liability | (4.96) | (15.43) |
| Dividend paid | (27.88) | (23.23) |
| Movement in margin money deposit | (17.50) | (3.61) |
| Movement in unclaimed dividend account | (0.15) | (0.30) |
| Net cash flow from / (used in) financing activities (C) | (55.84) | (49.04) |
| Net increase / (decrease) in Cash and cash equivalents (A+B+C) | 25.78 | 4.38 |
| Cash and cash equivalents (opening as at 1st April) | 19.36 | 14.98 |
| Cash and cash equivalents (closing as at 31st March) | 45.14 | 19.36 |
| Sr. No. | Particulars | For the Quarter Ended | For the Year Ended |
|---|---|---|---|
| 31.03.2026 (Audited)* |
31.12.2025 (Unaudited) |
||
| 1 | a) Revenue from Operations | 596.69 | 458.74 |
| b) Other Income | 21.13 | 16.47 | |
| Total Income | 617.82 | 475.21 | |
| 2 | Expenses | ||
| a) Cost of Materials Consumed | 303.29 | 236.88 | |
| b) Changes in inventories of finished goods, work-in-progress and stock-in-trade | (35.44) | (24.96) | |
| c) Power & Fuel | 32.57 | 31.89 | |
| d) Employees benefit expenses | 50.30 | 48.82 | |
| e) Finance Cost | 2.19 | 1.86 | |
| f) Depreciation and amortisation expense | 11.99 | 11. |