Results Snapshot
Figures in Rs cr
Consolidate Annual Results
Mar'24
Mar'23
Mar'22
Mar'21
Mar'20
Mar'19
Mar'18
Net Sales
1,325.61
1,305.55
1,189.40
1,034.57
953.09
1,017.82
885.50
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
1,325.61
1,305.55
1,189.40
1,034.57
953.09
1,017.82
885.50
Raw Material Cost
369.75
364.20
347.82
253.96
259.22
292.45
270.87
Purchase of Finished goods
33.24
40.65
31.48
30.52
35.14
39.14
31.41
(Increase) / Decrease In Stocks
-37.30
14.41
-29.83
11.62
-14.99
-1.67
-11.66
Employee Cost
193.61
166.86
149.82
152.74
136.36
129.95
111.99
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
-0.01
0.00
-0.01
0.00
0.00
0.00
321.52
Selling and Distribution Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Expenses
494.71
489.89
467.21
381.36
359.85
365.97
0.89
Total Expenditure (Excl Depreciation)
1,054.00
1,076.01
966.49
830.20
775.58
825.84
725.01
Operating Profit (PBDIT) excl Other Income
271.61
229.54
222.91
204.37
177.51
191.98
160.48
Other Income
43.19
27.90
25.54
34.67
32.19
21.08
17.93
Operating Profit (PBDIT)
314.80
257.44
248.45
239.04
209.70
213.06
178.41
Interest
17.21
11.95
10.57
10.32
11.57
13.72
9.98
Exceptional Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Gross Profit (PBDT)
297.59
245.49
237.88
228.72
198.13
199.34
168.43
Depreciation
25.88
22.31
21.46
20.65
19.26
17.24
15.35
Profit Before Tax
271.71
223.18
216.41
208.07
178.86
182.09
153.09
Tax
63.53
50.98
51.63
49.67
38.33
56.41
47.91
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
208.18
172.20
164.78
158.40
140.53
125.68
105.17
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
208.18
172.20
164.78
158.40
140.53
125.68
105.17
Share in Profit of Associates
0.01
0.00
0.00
0.00
0.00
0.00
-0.00
Minority Interest
-0.01
0.00
0.00
0.00
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
208.18
172.20
164.78
158.40
140.53
125.68
105.17
Equity Capital
20.38
20.38
20.62
20.62
21.88
21.88
21.88
Face Value
10.0
10.0
10.0
10.0
10.0
10.0
10.0
Reserves
1,213.48
996.02
949.97
790.49
717.24
628.46
514.88
Earnings per share (EPS)
20.43
84.49
79.91
76.82
64.23
57.44
48.06
Diluted Earnings per share
102.16
83.54
79.92
74.64
64.22
57.43
48.06
Operating Profit Margin (Excl OI)
20.49%
17.58%
18.74%
19.75%
18.62%
18.86%
18.12%
Gross Profit Margin
22.45%
18.8%
20.0%
22.11%
20.79%
19.58%
19.02%
PAT Margin
15.7%
13.19%
13.85%
15.31%
14.74%
12.35%
11.88%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Mar 2024 is 1.54% vs 9.77% in Mar 2023
Consolidate Net Profit
YoY Growth in year ended Mar 2024 is 20.89% vs 4.50% in Mar 2023
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Mar 2024 is 18.33% vs 2.97% in Mar 2023
Interest
YoY Growth in year ended Mar 2024 is 44.02% vs 13.06% in Mar 2023
Operating Profit Margin (Excl OI)
YoY Growth in year ended Mar 2024 has improved from Mar 2023
Compare Annual Results Of Garware Tech With
Figures in Rs cr
Consolidate Annual Results
Change(INR)
Change(%)
Net Sales
1,325.61
9,679.24
-8,353.63
-86.30%
Other Operating Income
0.00
0.00
0.00
Total Operating income
1,325.61
9,679.24
-8,353.63
-86.30%
Raw Material Cost
369.75
4,994.42
-4,624.67
-92.60%
Purchase of Finished goods
33.24
273.61
-240.37
-87.85%
(Increase) / Decrease In Stocks
-37.30
-158.15
120.85
76.41%
Employee Cost
193.61
1,027.40
-833.79
-81.16%
Power Cost
0.00
0.00
0.00
Manufacturing Expenses
-0.01
0.00
-0.01
Selling and Distribution Expenses
0.00
0.00
0.00
Other Expenses
494.71
2,173.05
-1,678.34
-77.23%
Total Expenditure (Excl Depreciation)
1,054.00
8,310.33
-7,256.33
-87.32%
Operating Profit (PBDIT) excl Other Income
271.61
1,368.91
-1,097.30
-80.16%
Other Income
43.19
145.83
-102.64
-70.38%
Operating Profit (PBDIT)
314.80
1,514.74
-1,199.94
-79.22%
Interest
17.21
153.41
-136.20
-88.78%
Exceptional Items
0.00
0.00
0.00
Gross Profit (PBDT)
297.59
1,361.33
-1,063.74
-78.14%
Depreciation
25.88
394.49
-368.61
-93.44%
Profit Before Tax
271.71
966.84
-695.13
-71.90%
Tax
63.53
294.21
-230.68
-78.41%
Provisions and contingencies
0.00
0.00
0.00
Profit After Tax
208.18
672.63
-464.45
-69.05%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
Net Profit
208.18
672.63
-464.45
-69.05%
Share in Profit of Associates
0.01
0.11
-0.10
-90.91%
Minority Interest
-0.01
8.36
-8.37
-100.12%
Other related items
0.00
0.00
0.00
Consolidated Net Profit
208.18
681.10
-472.92
-69.43%
Equity Capital
20.38
97.19
-76.81
-79.03%
Face Value
10.00
1.00
0.00
Reserves
1,213.48
4,418.63
-3,205.15
-72.54%
Earnings per share (EPS)
20.43
7.01
13.42
191.44%
Diluted Earnings per share
102.16
7.06
95.10
1,347.03%
Operating Profit Margin (Excl OI)
20.49%
14.14%
0.00
6.35%
Gross Profit Margin
22.45%
14.06%
0.00
8.39%
PAT Margin
15.70%
6.95%
0.00
8.75%
Public Share Holdings (%)
0.00%
0.00%
0.00
0.00%
Pledged Promotor Holding (%)
0.00%
0.00%
0.00
0.00%
Annual - Net Sales
Net Sales 1,325.61 Cr
in Mar 2024Figures in Rs Cr
YoY Growth in year ended Mar 2024 is 1.54% vs 9.77% in Mar 2023
Annual - Consolidate Net Profit
Consolidate Net Profit 208.18 Cr
in Mar 2024Figures in Rs Cr
YoY Growth in year ended Mar 2024 is 20.89% vs 4.50% in Mar 2023
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 271.61 Cr
in Mar 2024Figures in Rs Cr
YoY Growth in year ended Mar 2024 is 18.33% vs 2.97% in Mar 2023
Annual - Interest
Interest 17.21 Cr
in Mar 2024Figures in Rs Cr
YoY Growth in year ended Mar 2024 is 44.02% vs 13.06% in Mar 2023
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 20.49%
in Mar 2024Figures in Rs %
YoY Growth in year ended Mar 2024 has improved from Mar 2023