Garware Hi Tech Films Ltd
GRWR

Garware Hi Tech Films Ltd (GRWRHITECH)

₹830.10.51%

Key Stats

₹827.1
Day's Price Range
₹838
₹583.25
52-Week Price Range
₹929
1 Month Return-1.07 %
3 Month Return28.03 %
1 Year Return-22.03 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 105
11.53
EPS
Rank 23
₹71.95
BVPS
Rank 18
₹673.01
Dividend Yield
Rank 77
1.43%
ROE
Rank 269
8.07%
Price To Book Ratio
Rank 99
1.23
Debt To Asset
Rank 493
0.18

Company Information

Incorporated on Jun.57 Garware Polyester GPL 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. It is a part of the Garware group and is managed by S B Garware Chairman and Managing Director of the company. The company is a leading manufacturer of polyester film in the country. Apart from polyester films the company has diversified into video magnetic tapes computer tapes audio magnetic tapes Umatic video cassettes and valueadded products like suncontrol films. GPLs exports comprise mainly of polyester film and filmbased products to western Europe the US South Korea Australia and New Zealand. In 199495 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 dimethyl 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 companys subsidiary Garware Chemicals Limited implemented DMT project with 60000 MT per annum capacity. The production was commenced in the early part of 19992000. The company opened warehousing and marketing outfit in MiamiUSA and UK.
OrganisationGarware Hi Tech Films Ltd
HeadquartersAurangabad (Maharashtra)
IndustryPackaging