Garware Hi Tech Films' Q1 FY 2025-26 Quarterly Results

Result Summary

• Garware Hi Tech Films Ltd reported a 11.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 4.6%.
• Its expenses for the quarter were up by 4.7% QoQ and 8.1% YoY.
• The net profit increased 43.6% QoQ and decreased 6.0% YoY.
• The earnings per share (EPS) of Garware Hi Tech Films Ltd stood at 35.7 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Garware Hi Tech Films Ltd is a leading company in the manufacturing sector, specifically known for its production of high-performance polyester films. These films are primarily used in a variety of applications including packaging, industrial, and electrical applications. The company operates within the broader chemical industry and has established its presence through innovation and commitment to quality. Although specific recent developments are not detailed here, Garware Hi Tech Films Ltd has traditionally focused on expanding its product range and enhancing its technological capabilities to maintain a competitive edge in the industry.

Revenue

In the first quarter of the fiscal year 2026 (Q1FY26), Garware Hi Tech Films Ltd reported a total income of ₹508.37 crores. This represents a quarter-over-quarter (QoQ) increase of 11.0% from ₹458.09 crores in the previous quarter (Q4FY25). Year-over-year (YoY), the total income grew by 4.6% compared to ₹485.80 crores in Q1FY25. These figures indicate an upward trend in revenue, reflecting the company's ability to enhance its sales performance over both comparable periods.

Profitability

The company's profitability metrics for Q1FY26 show notable figures. Profit Before Tax (PBT) was recorded at ₹110.33 crores, marking a 41.3% QoQ increase from ₹78.07 crores in Q4FY25. However, this reflects a YoY decrease of 6.1% compared to ₹117.52 crores in Q1FY25. The Profit After Tax (PAT) for Q1FY26 was ₹83.02 crores, which increased by 43.6% QoQ from ₹57.81 crores in Q4FY25 but decreased by 6.0% YoY from ₹88.35 crores in Q1FY25. Furthermore, the Earnings Per Share (EPS) for Q1FY26 was ₹35.70, up 43.4% QoQ from ₹24.90 in Q4FY25, yet down 6.1% YoY from ₹38.00 in Q1FY25. These figures highlight variations in profitability on both a quarterly and annual basis.

Operating Metrics

Garware Hi Tech Films Ltd reported total expenses of ₹398.04 crores in Q1FY26, which increased by 4.7% QoQ from ₹380.02 crores in Q4FY25 and by 8.1% YoY from ₹368.28 crores in Q1FY25. The tax expense for Q1FY26 was ₹27.31 crores, reflecting a 34.8% QoQ increase from ₹20.26 crores in Q4FY25 and a 6.4% YoY decrease from ₹29.17 crores in Q1FY25. These operating metrics demonstrate a rise in expenditure on a quarterly basis and provide insights into the company's cost management and tax liabilities over time.