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Garware Hi Tech Films Ltd Performance

Today's Low
1,990.60
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Today's High
2,073.90
52 Wk Low
817.75
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52 Wk High
2,200.00


Open

2020.05

Traded Value (Cr)

8.78

Prev. Close

1994.45

Face Value

10

Volume

44004

Garware Hi Tech Films Ltd Fundamentals

Market Cap
₹ 4633.93 Cr
P/E Ratio (TTM)
22.80
P/B Ratio
2.27
Debt to Equity
0.09
ROE
8.43
EPS (TTM)
87.50
Dividend Yield
0.50 %
Book Value
880.15

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Garware Hi Tech Films Ltd Financials

Garware Hi Tech Films Ltd Financials

Garware Hi Tech Films Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 60.72 % 60.72 % 60.72 % 60.72 %
Retail 26.92 % 27.63 % 27.88 % 29.95 %
Others 8.08 % 7.92 % 7.93 % 7.02 %
Mutual Funds 3.98 % 3.62 % 3.34 % 2.20 %
FII 0.30 % 0.11 % 0.13 % 0.11 %

Promoters

60.72%

Retail

26.92%

Others

8.08%

Mutual Funds

3.98%

FII

0.30%

Promoters

60.72%

Retail

27.63%

Others

7.92%

Mutual Funds

3.62%

FII

0.11%

Promoters

60.72%

Retail

27.88%

Others

7.93%

Mutual Funds

3.34%

FII

0.13%

Promoters

60.72%

Retail

29.95%

Others

7.02%

Mutual Funds

2.20%

FII

0.11%

Resistance and Support

₹2,019.65

PIVOT

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Resistance
First Resistance₹2,048.700
Second Resistance₹2,102.950
Third Resistance₹2,132.000
support-arrow
Support
First Support₹1,965.400
Second Support₹1,936.350
Third Support₹1,882.100

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day30,02924,43755.53
Week44,00447,19856.57
1 Month44,00433,47256.57
6 Months5,388,9503,080,36760.92

About Garware Hi Tech Films Ltd

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. Presently, it is engaged in manufacturing of specialty performance polyester Films like Sun Control window films used in Automobiles, Buildings, etc, Paint Protection Films used in Automobiles and a variety of other specialty polyester films such as PET Shrink films used for Label applications, Low Oligomer PET films used for insulation of hermetically sealed compressors motors, Electric motor insulation and cable insulation, sequin application films, TV and LCD screen application, Packaging applications etc. Prior to these, the Company was primarily manufacturing moulds and dyes for the plastic manufacturers. In 1976, another group company Garware Plastics was merged with it and the name of the company was changed to Garware Plastics and Polyesters. Later on, the company acquired its present name and became a part of the Garware Group. Apart from polyester films, the company has diversified into video magnetic tapes, computer tapes, audio magnetic tapes, U-matic video cassettes, and value-added products like sun-control films. GPL's exports comprised mainly of polyester film and film-based products, to Western Europe, the US, South Korea, Australia and New Zealand. In 1994-95, Garware Photo and Polyester Films, which manufactures plastic products, ceased to be a subsidiary of the company. The company has formed Garware Chemicals Pvt Ltd, a new company, to implement a project for the manufacture of di-methyl terephthalate (DMT), the main raw material for the manufacture of polyester films. Garware Polyester International and Global Pet Films Inc are the subsidiaries of the company. The company's subsidiary, Garware Chemicals Limited implemented DMT project with 60000 MT per annum capacity. The production was commenced in the early part of 1999-2000. The company opened warehousing and marketing outfit in Miami(USA) and UK. During 2007-08, the Company implemented ERP (Kamat Soft) project for better business integration, hosted own centralized e-mail server, launched informative web site, installed CCTV for better security control, installed high speed connectivity for all plant locations for voice and data. During 2011-12, Garware Chemicals Limited (GCL) was amalgamated with the Company and through the said Scheme, 2,54,764 equity shares of Rs. 10/- each as fully paid up were allotted to the members of GCL, resulting this, the paid-up equity share capital of the Company was increased. During 2018-19, the Company introduced many Coated Products, Co Extruded Products, PETG Shrink Films for label applications with Low, Medium, and High Shrink Force. High heat rejection films were also introduced in International Market. It introduced Paint Protection Film (PPF) for automobile application. During 2019-20, the Company upgraded and modified PET film manufacturing lines to provide versatility for manufacturing specialty PET films. It launched the Surface Protection Film. The Company was renamed from Garware Polyester Limited' to Garware Hi-Tech Films Limited' effective on April 20, 2021. During FY 2022-23, the Company commissioned production of Laminated Sun Control Film.

Managing Director

S B Garware

Founded

1957

NSE Symbol

GRWRHITECH

Garware Hi Tech Films Ltd Management

NameDesignation
S B GarwareChairman & Managing Director
Monika Garware ModiVice Chairperson & Joint MD
Sarita GarwareED / Joint MD / Promoter
Sonia GarwareNon Executive Director
Uday Vasantrao JoshiE D & Wholetime Director
M C AgarwalIndependent Non Exe. Director
Ramesh P MakhijaIndependent Non Exe. Director
Tushar M ParikhIndependent Non Exe. Director
Nilesh R DoshiIndependent Non Exe. Director
Vivekanand Heroor KamathIndependent Non Exe. Director
Devanshi H NanavatiIndependent Non Executive Director / CFO
M S AdsulE D & Wholetime Director

Garware Hi Tech Films Ltd News

Board of Garware Hi Tech Films recommends final dividend
Of Rs 10 per share
Board of Garware Hi Tech Films recommends Final Dividend
Of Rs.10 per share
Board of Garware Hi Tech Films approves capacity addition at Waluj unit
At meeting held on 29 May 2024
Garware Hi Tech Films consolidated net profit rises 34.22% in the March 2024 quarter
Sales rise 27.96% to Rs 446.58 crore
Garware Hi Tech Films to conduct board meeting
On 29 May 2024
Garware Hi Tech Films to conduct board meeting
On 28 March 2024
Garware Hi Tech Films consolidated net profit rises 83.82% in the December 2023 quarter
Sales rise 39.85% to Rs 453.62 crore
Garware Hi-Tech hits record high after Q3 PAT climbs 84% YoY
Garware Hi-Tech Films (GHFL) hit an upper circuit of 20% at Rs 1904.55 after the company’s consolidated net profit surged 83.8% to Rs 55.88 crore on 39.9% increase in revenue from operations to Rs 453.62 crore in Q3 FY24 over Q3 FY23.
Garware Hi Tech Films to table results
On 8 February 2024
Garware Hi Tech Films consolidated net profit declines 4.61% in the September 2023 quarter
Sales rise 0.59% to Rs 397.11 crore

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0.00

Garware Hi Tech Films Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Garware Hi Tech Films Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Garware Hi Tech Films Ltd's share price is ₹1,994.45 as of June 21, 2024 at 04:14 PM

Garware Hi Tech Films Ltd's P/E ratio is 22.80 times as of June 21, 2024 at 04:14 PM.

Garware Hi Tech Films Ltd's most recent financial reports indicate a price-to-book ratio of 2.27, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Garware Hi Tech Films Ltd's market is 4,634 Cr as on June 21, 2024 at 04:14 PM.

The current financial records of Garware Hi Tech Films Ltd show a 8.43% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

According to Garware Hi Tech Films Ltd's most recent financial filings, the company has a total asset value of Crores, which includes current and non-current assets such as inventory, cash, properties, and equipment.

The 52-week high/low price of a Garware Hi Tech Films Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Garware Hi Tech Films Ltd's 52-week high and low as of June 21, 2024 at 04:14 PM are ₹2200 and ₹817.75 respectively.

As of the Mar 2024 quarter, the promoter shareholding in Garware Hi Tech Films Ltd stands at 60.72%. During the same period, Institutional Investors have shown a slight increase in their holdings, rising from 0.11% to 0.30%.