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Garware Hi Tech

  • Market Cap: Mid Cap
  • Industry: Packaging
  • ISIN: INE291A01017
  • NSEID: GRWRHITECH
  • BSEID: 500655
INR
2,654.20
241.25 (10.0%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 27.36 k

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

2,654.202,654.20

52 Week

1,513.255,373.00
Valuation
Technical
Day's Volume

CASH

27.36 k (-92.65%) Volume

Shareholding (Dec 2024)

FII

2.69%

Held by 87 FIIs

DII

4.33%

Held by 5 DIIs

Promoter

60.72%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor Management Efficiency with a low ROE of 9.47%

  • The company has been able to generate a Return on Equity (avg) of 9.47% signifying low profitability per unit of shareholders funds
2

Stock is technically in a Mildly Bearish range

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Packaging

stock-summary
Market cap

INR 6,166 Cr (Mid Cap)

stock-summary
P/E

18.00

stock-summary
Industry P/E

16

stock-summary
Dividend Yield

0.41%

stock-summary
Debt Equity

-0.24

stock-summary
Return on Equity

13.74%

stock-summary
Price to Book

2.51

Revenue and Profits (1 Year):
Net Sales:
466 Cr
(Quarterly Results - Dec 2024)
Net Profit:
61 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.41%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-30.7%
0%
-30.7%
1 Year
49.72%
0.56%
50.28%
2 Years
393.94%
3.45%
397.39%
3 Years
248.82%
5.04%
253.86%
4 Years
253.54%
5.25%
258.79%
5 Years
1459.46%
25.19%
1484.65%

Latest dividend: 10 per share ex-dividend date: Sep-17-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
16.70%
EBIT Growth (5y)
23.93%
EBIT to Interest (avg)
18.34
Debt to EBITDA (avg)
0.56
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.69
Tax Ratio
24.95%
Dividend Payout Ratio
11.43%
Pledged Shares
0
Institutional Holding
7.02%
ROCE (avg)
13.33%
ROE (avg)
9.47%
Valuation key factors
Factor
Value
P/E Ratio
18
Industry P/E
16
Price to Book Value
2.51
EV to EBIT
13.54
EV to EBITDA
12.21
EV to Capital Employed
3.00
EV to Sales
2.52
PEG Ratio
0.28
Dividend Yield
0.41%
ROCE (Latest)
21.83%
ROE (Latest)
13.74%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
Bullish
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 16 Schemes (3.59%)

FIIs

Held by 87 FIIs (2.69%)

Promoter with highest holding

S B Garware Family Trust (38.17%)

Highest Public shareholder

Lic Mf Multi Cap Fund (2.15%)

Individual Investors Holdings

23.78%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -24.85% vs 30.79% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -41.67% vs 18.01% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "466.37",
          "val2": "620.58",
          "chgp": "-24.85%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "81.17",
          "val2": "136.83",
          "chgp": "-40.68%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "2.41",
          "val2": "2.16",
          "chgp": "11.57%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "60.81",
          "val2": "104.26",
          "chgp": "-41.67%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "17.40%",
          "val2": "22.05%",
          "chgp": "-4.65%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 40.97% vs 1.59% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 114.97% vs -3.31% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,095.05",
          "val2": "776.82",
          "chgp": "40.97%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "255.47",
          "val2": "128.70",
          "chgp": "98.50%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "4.19",
          "val2": "7.98",
          "chgp": "-47.49%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "192.61",
          "val2": "89.60",
          "chgp": "114.97%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "23.33%",
          "val2": "16.57%",
          "chgp": "6.76%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 26.90% vs 12.99% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 74.20% vs 18.21% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,561.42",
          "val2": "1,230.44",
          "chgp": "26.90%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "336.64",
          "val2": "203.80",
          "chgp": "65.18%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "6.60",
          "val2": "9.86",
          "chgp": "-33.06%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "253.42",
          "val2": "145.48",
          "chgp": "74.20%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "21.56%",
          "val2": "16.56%",
          "chgp": "5.00%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 16.62% vs 10.39% in Mar 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 22.36% vs -0.62% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,677.02",
          "val2": "1,438.01",
          "chgp": "16.62%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "281.99",
          "val2": "227.19",
          "chgp": "24.12%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "11.78",
          "val2": "16.99",
          "chgp": "-30.67%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "203.29",
          "val2": "166.14",
          "chgp": "22.36%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "16.81%",
          "val2": "15.80%",
          "chgp": "1.01%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
466.37
620.58
-24.85%
Operating Profit (PBDIT) excl Other Income
81.17
136.83
-40.68%
Interest
2.41
2.16
11.57%
Exceptional Items
0.00
0.00
Consolidate Net Profit
60.81
104.26
-41.67%
Operating Profit Margin (Excl OI)
17.40%
22.05%
-4.65%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is -24.85% vs 30.79% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is -41.67% vs 18.01% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
1,095.05
776.82
40.97%
Operating Profit (PBDIT) excl Other Income
255.47
128.70
98.50%
Interest
4.19
7.98
-47.49%
Exceptional Items
0.00
0.00
Consolidate Net Profit
192.61
89.60
114.97%
Operating Profit Margin (Excl OI)
23.33%
16.57%
6.76%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 40.97% vs 1.59% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 114.97% vs -3.31% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
1,561.42
1,230.44
26.90%
Operating Profit (PBDIT) excl Other Income
336.64
203.80
65.18%
Interest
6.60
9.86
-33.06%
Exceptional Items
0.00
0.00
Consolidate Net Profit
253.42
145.48
74.20%
Operating Profit Margin (Excl OI)
21.56%
16.56%
5.00%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 26.90% vs 12.99% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 74.20% vs 18.21% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
1,677.02
1,438.01
16.62%
Operating Profit (PBDIT) excl Other Income
281.99
227.19
24.12%
Interest
11.78
16.99
-30.67%
Exceptional Items
0.00
0.00
Consolidate Net Profit
203.29
166.14
22.36%
Operating Profit Margin (Excl OI)
16.81%
15.80%
1.01%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 16.62% vs 10.39% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 22.36% vs -0.62% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Garware Hi Tech Films Ltd stock-summary
stock-summary
Garware Hi Tech Films Ltd
Mid Cap
Packaging
Garware Hi Tech Films Ltd (Formerly known Garware Polyester Limited) was incorporated in June, 1957. The company is a leading manufacturer of polyester film in the country.
Company Coordinates stock-summary
Company Details
Naigaon, Post Waluj Aurangabad (Maharashtra) Maharashtra : 431133
stock-summary
Tel: 91-0240-2554427
stock-summary
http://www.garwarepoly.com
stock-summary
vsv@garwarepoly.com
Registrar Details
Link Intime India Pvt Ltd, C-13 Pannalal Silk Compound, L B S Marg, Bhandup , Mumbai
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