Garware Hi Tech Films Ltd share price logo

Garware Hi Tech Films Ltd (GRWRHITECH)

₹2341.453.54%

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Overview
News
Financials
Q1 2024 Results
Technicals

Garware Hi Tech Films Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹2,224.9
    ₹2,413.85
  • 52 Week's Low

    52 Week's High

    ₹817.75
    ₹2,640
1 Month Return+ 5.71 %
3 Month Return+ 33.75 %
1 Year Return+ 153.45 %
Previous Close₹2,261.45
Open₹2,260.00
Volume67.24K
Upper Circuit-
Lower Circuit-
Market Cap₹5,253.89Cr

Key Statistics

P/E Ratio25.85
PEG Ratio1.62
Market Cap₹5,253.89 Cr
P/B Ratio0.67
EPS71.51

Mutual Fund Holdings

Funds HoldingsPrev. 6M
Quant Small Cap Fund Growth Option Direct PlanQuant Small Cap Fund Growth Option Direct Plan0.55%
LIC MF Large & Mid Cap Direct GrowthLIC MF Large & Mid Cap Direct Growth1.58%
LIC MF Multi Cap Fund Direct GrowthLIC MF Multi Cap Fund Direct Growth2.29%
LIC MF Infrastructure Fund Direct Plan Growth OptionLIC MF Infrastructure Fund Direct Plan Growth Option3.95%
LIC MF Small Cap Fund Direct GrowthLIC MF Small Cap Fund Direct Growth5.8%

Company Information

Founded in 1976, Garware Polyester (GPL) is a leading manufacturer of polyester film and other filmbased products in India. It is part of the Garware Group, managed by its Chairman and Managing Director, S.B. Garware. Along with polyester film, its other products include audio and video magnetic tapes, Umatic video cassettes and sun control films. Its exports primarily comprise polyester film and filmbased products to western Europe, the US, South Korea, Australia and New Zealand. In 1995, it ceased to be a subsidiary of Garware Photo and Polyester Films, another Garware Group company that manufactures plastic products. In order to expand production and manufacture main raw materials (dimethyl terephthalate or DMT), Garware Chemicals Pvt Ltd was created. It also set up warehousing and marketing outlets in the US and UK. Its subsidiaries include Garware Polyester International and Global Pet Films Inc. Currently, it has an annual capacity of 60,000 MT of DMT.

Share Price: ₹2341.45 per share as on 22 Jul, 2024 04:01 PM
Market Capitalisation: ₹5,253.89Cr as of today
Revenue: ₹446.58Cr as on March 2024 (Q1 24)
Net Profit: ₹57.81Cr as on March 2024 (Q1 24)
Listing date: 19 Dec, 1994
Chairperson Name: S B Garware
OrganisationGarware Hi Tech Films Ltd
HeadquartersMumbai
IndustryPackaging
E-voting on sharesClick here to vote

Key events for Garware Hi Tech Films Ltd

  • Garware Hi-Tech Films' ROCE Increases to 12% - 13 Jul, 2024

    Garware Hi-Tech Films has seen a substantial increase in its return on capital employed (ROCE) over the last five years, reaching 12%. This suggests there are plenty of opportunities for internal investment at higher rates.

  • Garware Hi-Tech Films Ltd Stock Increases by 20% - 22 Jun, 2024

    Over the past month, Garware Hi-Tech Films (NSE:GRWRHITECH) stock has increased significantly by 20%. The company's financials may have played a role in this price change, with attention being paid to ROE.

  • Garware Hi Tech Films Reports Strong Financial Results - 18 Jun, 2024

    Garware Hi Tech Films reports a 27.96% YoY increase in net sales, with quarterly net profit up by 34.22%. The company's EPS has also increased from Rs. 18.54 to Rs. 24.88. Garware Hi Tech Films shares have given returns of 52.46% over the last 6 months and 171.26% over the last 12 months.

Insights on Garware Hi Tech Films Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, GRWRHITECH stock has moved up by 1.0%

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 3.62% to 3.98% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 6 quarters, 30.4 Cr → 57.81 Cr (in ₹), with an average increase of 11.4% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.11% to 0.30% in Mar 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 60.72% of holdings in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Solar Industries India Ltd has given 188.7% return, outperforming this stock by 35.3%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 463.11 Cr → 458.09 Cr (in ₹), with an average decrease of 1.1% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 35.39% to 34.76% in Mar 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹446.58Cr
↓1.55%
Net Income
₹57.81Cr
↑3.45%
Net Profit Margin
12.95%
↑5.11%
2023Y/Y Change
Revenue
₹1,438.01Cr
↑10.39%
Net Income
₹166.14Cr
↓0.62%
Net Profit Margin
11.55%
↓9.98%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹2,181.57Cr
↑3.42%
Total Liabilities
₹368.17Cr
↓12.66%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹242.53Cr
↑75.15%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
60.72%
0.00
Foreign Institutions
0.3%
0.00
Mutual Funds
3.98%
0.00
Retail Investors
34.76%
0.00
Others
0.24%
0.00

Key Indicators

Garware Hi Tech Films Ltd Valuation

Garware Hi Tech Films Ltd in the last 5 years

  • Overview

  • Trends

Lowest (6.90x)

March 28, 2023

Today (25.85x)

July 19, 2024

Industry (30.91x)

July 19, 2024

Highest (29.37x)

July 3, 2024

LowHigh

Earnings and Dividends

  • Garware Hi Tech Films Ltd Earnings Results

    Garware Hi Tech Films Ltd’s net profit jumped 34.22% since last year same period to ₹57.81Cr in the Q4 2023-2024. On a quarterly growth basis, Garware Hi Tech Films Ltd has generated 3.45% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Garware Hi Tech Films Ltd Dividends May,2023

    In the quarter ending March 2023, Garware Hi Tech Films Ltd has declared dividend of ₹10 - translating a dividend yield of 0.88%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Garware Hi Tech Films Ltd is currently in a Bullish trading position according to technical analysis indicators.

Frequently Asked Questions

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Garware Hi Tech Films Ltd (GRWRHITECH) share price today is ₹2341.45

Garware Hi Tech Films Ltd is listed on NSE

Garware Hi Tech Films Ltd is listed on BSE

  • Today’s highest price of Garware Hi Tech Films Ltd is ₹2413.85.
  • Today’s lowest price of Garware Hi Tech Films Ltd is ₹2224.9.

PE Ratio of Garware Hi Tech Films Ltd is 25.85

PE ratio = Garware Hi Tech Films Ltd Market price per share / Garware Hi Tech Films Ltd Earnings per share

Today’s traded volume of Garware Hi Tech Films Ltd(GRWRHITECH) is 67.24K.

Today’s market capitalisation of Garware Hi Tech Films Ltd(GRWRHITECH) is ₹5253.89Cr.

Garware Hi Tech Films Ltd(GRWRHITECHPrice
52 Week High
₹2640
52 Week Low
₹817.75

Garware Hi Tech Films Ltd(GRWRHITECH) share price is ₹2341.45. It is down -11.31% from its 52 Week High price of ₹2640

Garware Hi Tech Films Ltd(GRWRHITECH) share price is ₹2341.45. It is up 186.33% from its 52 Week Low price of ₹817.75

Garware Hi Tech Films Ltd(GRWRHITECHReturns
1 Day Returns
80%
1 Month Returns
5.71%
3 Month Returns
33.75%
1 Year Returns
153.45%