Garware Hi-Tech Films (GRWRHITECH.NS) Stock Price

Garware Hi-Tech Films Price

NSE·CLOSED
6,649.00
+280.00 (+4.30 %)
Market closed

Revenue has compounded at 4.7% per year over the past 19 years to 21.20 B INR. Earnings per share have grown at 28.8% per year over the last 19 years. Garware Hi-Tech Films's net margin stands at 16.0%, up from 13.1% several years earlier. Garware Hi-Tech Films currently offers a dividend yield of about 0.18%. The payout ratio is around 11% of earnings. The dividend has grown at 4.7% per year over the past 4 years. The stock trades about 146% above its 52-week low.

Garware Hi-Tech Films stock price

Volume
Ex-Dividend
Details

Stock Price

ⓘ

How to Read This Chart

This chart tracks the historical stock price of Garware Hi-Tech Films over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Garware Hi-Tech Films stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Garware Hi-Tech Films's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Garware Hi-Tech Films Stock Price History
DateGarware Hi-Tech Films Price
9/25/20266,649.00 INR
9/24/20266,369.00 INR
9/23/20266,537.50 INR
9/22/20266,366.50 INR
9/21/20266,454.50 INR
9/18/20266,724.50 INR
9/17/20266,502.50 INR
9/16/20266,431.00 INR
9/15/20266,823.00 INR
9/11/20266,921.50 INR
9/10/20266,985.50 INR
9/9/20266,894.50 INR
9/8/20266,975.50 INR
9/7/20267,053.50 INR
9/4/20267,086.50 INR
9/3/20267,100.00 INR
9/2/20267,280.00 INR
9/1/20267,209.50 INR
8/31/20267,137.50 INR
8/28/20267,224.50 INR
8/27/20267,060.50 INR
8/26/20267,115.50 INR
8/25/20267,264.00 INR
8/24/20267,234.50 INR
8/21/20267,123.50 INR
8/20/20267,109.50 INR
8/19/20267,035.00 INR
8/17/20267,030.00 INR
8/14/20267,088.50 INR
8/13/20267,230.00 INR
Access this data via the Eulerpool API

Garware Hi-Tech Films Revenue, EBIT, Net Income

  • 3 Years

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2021
9.71 B INR
1.96 B INR
1.26 B INR
Jan 1, 2022
12.75 B INR
2.44 B INR
1.67 B INR
Jan 1, 2023
14.12 B INR
2.32 B INR
1.66 B INR
Jan 1, 2024
16.52 B INR
2.78 B INR
2.03 B INR
Jan 1, 2025
20.77 B INR
4.48 B INR
3.31 B INR
Jan 1, 2026
21.20 B INR
4.54 B INR
3.38 B INR
Jan 1, 2027 (e)
25.00 B INR
6.41 B INR
4.71 B INR
Jan 1, 2028 (e)
28.75 B INR
7.80 B INR
5.75 B INR

Garware Hi-Tech Films Income Statement, Balance Sheet, Cash Flow Statement

Last updated Sep 26, 2026, 6:42 PM
 
REVENUEB INR
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB INR
EBITB INR
EBIT MARGIN%
NET INCOMEB INR
NET INCOME GROWTH%
DIV.INR
DIV. GROWTH%
SHARESM
201320142015201620172018201920202021202220232024202520262027e2028e
7.788.438.968.578.558.149.259.049.7112.7514.1216.5220.7721.2025.0028.75
-2.378.456.29-4.33-0.28-4.8013.60-2.297.5031.2710.7317.0025.752.0717.9215.00
47.6444.2744.9955.2147.7150.6860.1867.4657.8152.4547.6146.3748.1237.4937.4937.49
3.703.734.034.734.084.135.576.105.626.696.727.6610.007.959.3710.78
0.300.370.470.650.600.701.311.431.962.442.322.784.484.546.417.80
3.914.365.297.597.068.6414.2115.8420.1819.1716.4616.8521.5821.4325.6327.13
0.280.100.180.160.220.330.820.861.261.671.662.033.313.384.715.75
-11.29-63.9674.51-7.8736.5947.77146.535.3946.4032.72-0.6022.3462.992.1139.3022.10
–––––––––10.0010.0010.0012.0012.0012.7513.55
––––––––––––20.00–6.256.27
23.2323.2323.2323.2323.2323.2223.2523.2423.2323.2223.2323.2423.2323.2323.2323.23
Details

Income Statement Key Figures

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Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Garware Hi-Tech Films generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Garware Hi-Tech Films retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Garware Hi-Tech Films's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Garware Hi-Tech Films has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Garware Hi-Tech Films's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Garware Hi-Tech Films stock margins

The Garware Hi-Tech Films margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Garware Hi-Tech Films. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Garware Hi-Tech Films.
  • 3 Years

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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
57.82 %
20.18 %
12.97 %
Jan 1, 2022
52.45 %
19.17 %
13.11 %
Jan 1, 2023
47.61 %
16.47 %
11.77 %
Jan 1, 2024
46.37 %
16.85 %
12.31 %
Jan 1, 2025
48.13 %
21.58 %
15.95 %
Jan 1, 2026
37.50 %
21.43 %
15.95 %
Jan 1, 2027 (e)
37.50 %
25.63 %
18.85 %
Jan 1, 2028 (e)
37.50 %
27.13 %
20.01 %

Garware Hi-Tech Films Stock Revenue, EBIT, Earnings per Share

The Garware Hi-Tech Films earnings per share therefore indicates how much revenue Garware Hi-Tech Films has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
418.05 INR
84.36 INR
54.21 INR
Jan 1, 2022
549.03 INR
105.25 INR
71.99 INR
Jan 1, 2023
607.64 INR
100.06 INR
71.51 INR
Jan 1, 2024
710.87 INR
119.78 INR
87.49 INR
Jan 1, 2025
894.07 INR
192.96 INR
142.57 INR
Jan 1, 2026
912.57 INR
195.60 INR
145.59 INR
Jan 1, 2027 (e)
1,076.08 INR
275.78 INR
202.80 INR
Jan 1, 2028 (e)
1,237.50 INR
335.79 INR
247.60 INR

Garware Hi-Tech Films business model & stock analysis

Garware Hi-Tech Films Eulerpool Fair Value

Details

Fair Value Estimate

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What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Garware Hi-Tech Films historical P/E ratio, EBIT multiple, and P/S ratio

Garware Hi-Tech Films annual returns

Details

Annual Return

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What This Chart Shows

This chart breaks down Garware Hi-Tech Films's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in Garware Hi-Tech Films's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare Garware Hi-Tech Films's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Garware Hi-Tech Films shares outstanding

The number of shares of Garware Hi-Tech Films was 23.23 M in 2025. This indicates how many shares Garware Hi-Tech Films is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
23.23 M Stocks
Jan 1, 2022
23.22 M Stocks
Jan 1, 2023
23.23 M Stocks
Jan 1, 2024
23.24 M Stocks
Jan 1, 2025
23.23 M Stocks
Jan 1, 2026
23.23 M Stocks
Jan 1, 2027 (e)
23.23 M Stocks
Jan 1, 2028 (e)
23.23 M Stocks

Garware Hi-Tech Films Dividend History

5 years of dividend payments

YearAnnual DividendYoY ChangePayments
202612.00INR 0.0%—
202512.00INR↑ 20.0%1×
Sep 17, 202512.00INR↑ 20.0%1/1
202410.00INR 0.0%1×
202310.00INR 0.0%1×
202210.00INR—1×

Garware Hi-Tech Films dividend history and estimates

In 2025, Garware Hi-Tech Films paid a dividend amounting to 12.00 INR. Dividend means that Garware Hi-Tech Films distributes a portion of its profits to its owners.
  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2022 (e)
0.00 INR
10.00 INR
Jan 1, 2023
10.00 INR
0.00 INR
Jan 1, 2024
10.00 INR
0.00 INR
Jan 1, 2025
12.00 INR
0.00 INR
Jan 1, 2026
12.00 INR
0.00 INR
Jan 1, 2027 (e)
0.00 INR
12.75 INR
Jan 1, 2028 (e)
0.00 INR
13.55 INR

Garware Hi-Tech Films dividend payout ratio

In 2025, Garware Hi-Tech Films had a payout ratio of 8.42%. The payout ratio indicates the percentage of the company's profits that Garware Hi-Tech Films distributes as dividends.
  • 3 Years

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  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
11.28 %
Jan 1, 2022
13.89 %
Jan 1, 2023
13.98 %
Jan 1, 2024
11.43 %
Jan 1, 2025
8.42 %
Jan 1, 2026
11.28 %
Jan 1, 2027 (e)
6.29 %
Jan 1, 2028 (e)
5.47 %
Price targets and forecasts for Garware Hi-Tech Films are not yet available.

Garware Hi-Tech Films Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
8/8/2025-INR35.70INR4.95 BINR-2025 Q2
2/7/2025-INR28.20INR5.22 BINR-2024 Q4
11/14/2024-INR45.23INR5.22 BINR-2024 Q3
5/26/20238.11INR18.54INR2.06 BINR-2023 Q1
2/10/20238.11INR13.09INR2.06 BINR-2022 Q4
11/11/202210.02INR20.72INR2.36 BINR-2022 Q3
8/4/202211.66INR19.17INR2.51 BINR-2022 Q2
6/25/20208.11INR5.86INR2.06 BINR-2020 Q2
1/29/20208.66INR4.68INR2.17 BINR-2019 Q4

Garware Hi-Tech Films shareholder structure

% Name
38.17243%
S B Garware Family Trust
S B Garware Family Trust
5.34691%
B D Garware Research Centre
B D Garware Research Centre
5.00594%
Garware (Shashikant Bhalchandra)
Garware (Shashikant Bhalchandra)
2.60843%
Life Insurance Corporation of India
Life Insurance Corporation of India
2.47033%
Monika Garware Modi Benefit Trust
Monika Garware Modi Benefit Trust
2.47033%
Sarita Garware Benefit Trust
Sarita Garware Benefit Trust

Garware Hi-Tech Films Beneficial Ownership Filings (SEC 13D/G)

Free Float
37.4%
Float Shares
8.69 M
Shares Outstanding
23.23 M

Garware Hi-Tech Films Executives and Management Board

13 members · avg. age 60 · 31 % women

SG

Shri. S. Garware

Executive Chairman, Managing Director

88.06 M INR

Management

MM

Ms. Monika Modi (62)

Executive Vice Chairperson of the Board, Joint Managing Director

70.07 M INR
SR

Mrs. Sarita Ramsay (57)

Joint Managing Director, Executive Director · since 1993

52.57 M INR
AA

Mr. Abhishek Agarwal

Chief Financial Officer

–
AS

Mr. Awaneesh Srivastava

Chief Compliance Officer, Vice President - Legal, Company Secretary

–

Board of Directors

VK

Mr. Vivekanand Kamath

Additional Non-Executive Independent Director

105,000.00 INR
DN

Ms. Devanshi Nanavati

Non-Executive Independent Director

100,000.00 INR
SG

Ms. Sonia Garware (51)

Non-Executive Non-Independent Director · since 2007

60,000.00 INR
MA

Mr. Mohan Adsul (68)

Director - Technical, Whole-Time Director · since 2007

–
DC

Mr. Deepak Chawla

Additional Non-Executive Independent Director

–
CD

Mr. Chirag Doshi

Non-Executive Independent Director

–

Frequently asked questions about Garware Hi-Tech Films

7 analysts currently rate the Garware Hi-Tech Films stock: 6 recommend buying, 1 holding and 0 selling.

Converted at the current exchange rate, the Garware Hi-Tech Films share trades at 60.92 EUR (6,649.00 INR).

The Garware Hi-Tech Films share (GRWRHITECH.NS) is listed on 2 stock exchanges, including: NSE (Indien) (GRWRHITECH.NS).

No history available for Garware Hi-Tech Films.

The revenue of Garware Hi-Tech Films is 21.20 B INR. This figure is based on current financial data and reflects the company's business performance.

The profit of Garware Hi-Tech Films is 3.38 B INR. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Garware Hi-Tech Films is currently 45.67. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Garware Hi-Tech Films stock.

The price-to-sales ratio (P/S) of Garware Hi-Tech Films is currently 7.29. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Garware Hi-Tech Films stock.

The Eulerpool Quality Score for Garware Hi-Tech Films is 7/10.

The ISIN of Garware Hi-Tech Films is INE291A01017. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The ticker of Garware Hi-Tech Films is GRWRHITECH.NS. The ticker symbol is used to trade Garware Hi-Tech Films shares on the stock exchange.

Over the past 12 months, Garware Hi-Tech Films paid a dividend of 12.00 INR . This corresponds to a dividend yield of about 0.18 %. For the coming 12 months, Garware Hi-Tech Films is expected to pay a dividend of 12.75 INR.

The current dividend yield of Garware Hi-Tech Films is 0.18 %.

Garware Hi-Tech Films pays a dividend, distributed in the months of September.

Garware Hi-Tech Films paid dividends every year for the past 4 years.

For the upcoming 12 months, dividends amounting to 12.75 INR are expected. This corresponds to a dividend yield of 0.20 %.

Garware Hi-Tech Films is assigned to the 'Commodities' sector.

To receive the latest dividend of Garware Hi-Tech Films from 9/25/2025 amounting to 12 INR, you needed to have the stock in your portfolio before the ex-date on 9/17/2025.

The last dividend was paid out on 9/25/2025.

In the year 2025, Garware Hi-Tech Films distributed 12 INR as dividends.

The dividends of Garware Hi-Tech Films are distributed in INR.

Fair ValueTerminal
6,210.63 INR
Over-/UndervaluationTerminal
Fairly valued
Industry
Chemicals
Number of shares
Employees
Revenue per Employee
24.88 M INR
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Country
Currency
INR
Initial public offering
Jan 1, 1990
ISIN
INE291A01017
Cusip
Y26826134
Market capitalization
151.88 B INRLarge Cap
52-Week Range
2,701.00–7,409.50INR
Revenue growth (10Y) > 5%
Revenue growth (3Y) > 5 %
EBIT growth (10Y) > 5%
EBIT growth (3Y) > 5 %
Net debt < 4x EBIT
Profitable since 10Y+
EBIT Drawdown (10Y) < 50%
Return on Equity (ROE) > 15%
ROCE > 15%
Return Expectation > 10%
PEG
—
P/E ratio
P/Ee 2027
32.24
P/Ee 2028
26.40
P/S
P/Se
6.08
EV/EBIT
33.12
P/B Ratio
5.72
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
12.66 %
Gross Margin
37.50 %
EBIT Margin
21.43 %
Net Margin
15.95 %
EPS (Earnings Per Share)
145.59 INR
Net Debt / EBIT
-0.31
Debt/Equity
0.01
Dividend
Dividend yield
0.18 %
Est. Dividend Yield
0.20 %
Payout Ratio
11.28 %
Dividend growth Ø5Y
—
Dividend payments per year
1
Dividend paid since
4 years
Dividend not reduced since
4 years
Dividend increased since
1 year
Dividend withholding tax
20.00 %
Last updated Sep 26, 2026, 6:42 PM

Garware Hi-Tech Films Peer Group

Garware Hi-Tech Films Ticker

BSE · GRWRHITECH.BONSE INDIA · GRWRHITECH.NS

Garware Hi-Tech Films FIGI

GRWRHITE:IN · BBG000CRKB27GRWRHITE:IB · BBG000CRKBD5GRWRHITE:IS · BBG000CRKCJ7