profit from every ₹100 of sales.

Garware Hi-Tech Films
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
You pay ₹51.67 for every ₹1 of profit it makes in a year.
It holds more cash than debt.
Money in, money out
What Garware Hi-Tech Films sold, what it kept, and what it did with the cash.
Sales went from ₹14.1 billion in 2023 to ₹21.2 billion in 2026, with ₹3.38 billion of profit last year.
Garware Hi-Tech Films handed back 24% of the cash it generated last year.
Garware Hi-Tech Films vs. similar companies
Garware Hi-Tech Films grows the fastest of these 5 and is the most expensive for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
Garware Hi-Tech Films | 51.7× · Expensive | ||
Linde | 35.0× · Expensive | ||
L'Air Liquide | 35.1× · Expensive | ||
Ecolab | 41.8× · Expensive | ||
The Sherwin-Williams | 32.9× · Expensive |
AI analysis
An AI analyst reads Garware Hi-Tech Films's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 14,118 | 16,518 | 21,094 | 21,201 | |
| 6,721 | 7,660 | 11,356 | 11,639 | |
| 2,021 | 2,439 | 3,999 | 3,896 | |
| 2,649 | 3,173 | 4,955 | 4,996 | |
| 1,661 | 2,033 | 3,312 | 3,382 | |
| 71.51 | 87.50 | 142.57 | 145.59 | |
| 47.6% | 46.4% | 53.8% | 54.9% | |
| 14.3% | 14.8% | 19.0% | 18.4% | |
| 11.8% | 12.3% | 15.7% | 16.0% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 22,143 | 23,237 | 26,820 | 30,112 |
| Cash | 600 | 1,083 | 1,105 | 1,265 |
| Total debt | 1,572 | 199 | 152 | 157 |
| Total liabilities | 3,585 | 2,789 | 3,102 | 3,550 |
| 18,558 | 20,448 | 23,718 | 26,562 | |
| 23 | 23 | 23 | 23 | |
| 8.7% | 10.1% | 14.3% | 12.8% | |
| 9.0% | 9.9% | 14.0% | 12.7% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 2,180 | 1,721 | 3,297 | 2,753 | |
| 705 | 168 | 586 | 1,614 | |
| 1,475 | 1,553 | 2,711 | 1,139 | |
| Dividends paid | 232 | 232 | 232 | 279 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 51.7×
- –
- 1.93
- 5.5×
- 8.2×
- 153.4×
- 34.8×
- 0.7%
- 1.9%
- 0.2%
Profitability
- 54.9%
- 18.4%
- 16.0%
- –
- 12.8%
- 11.5%
- –
- –
- –
- –
Growth
- +14.5%
- +26.7%
- –
- –
- −0.0%
Financial health
- -0.2×
- 0.01
- –
- 55.4×
- 4.43
- –
- –
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
How safe it looks
8.2% of its profit
Room to growStretchedMore than it earns: 24.4%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
2/7Passes 2 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Garware Hi-Tech Films
Is Garware Hi-Tech Films a good stock to buy?
A solid business, but the price is high. 2 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Garware Hi-Tech Films AI analysis
What does Garware Hi-Tech Films do?
Garware Hi-Tech Films Limited manufactures and sells polyester films in India, the United States, and internationally. The company offers paint protection and sun control films. It is in Specialty Chemicals, based in Mumbai, India.
Does Garware Hi-Tech Films pay a dividend?
Yes. At today's price the dividend is 0.2% a year, about 8% of its yearly profit. In 2026 it paid out ₹279 million in dividends.
Is Garware Hi-Tech Films stock halal?
Yes. Garware Hi-Tech Films passes our halal screen: its business is permitted and its debt is under 0.1% of its market value, under the 30% limit. How we check
How has Garware Hi-Tech Films stock done over the past year?
Up 112.0% over the past twelve months, to ₹7,522.50. It traded between ₹2,704.50 and ₹7,903.00 and is 4.8% below its high.
Who are Garware Hi-Tech Films's competitors?
The largest listed companies in the same industry are Linde, L'Air Liquide, Ecolab and The Sherwin-Williams. The peers table on this page compares their profit, growth and price with Garware Hi-Tech Films's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



