Garware Hi Tech Films' Q2 FY 2025-26 Quarterly Results

Result Summary

• Garware Hi Tech Films Ltd reported a 14.8% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 8.0%.
• Its expenses for the quarter were up by 16.4% QoQ and down 6.6% YoY.
• The net profit increased 9.9% QoQ and decreased 12.5% YoY.
• The earnings per share (EPS) of Garware Hi Tech Films Ltd stood at 39.27 during Q2 FY 2025-26.

Financial Statments for Q2 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 company that operates in the film manufacturing industry, primarily focusing on high-performance polyester films. These films are widely used in various applications such as packaging, electrical insulation, and other industrial uses. The company is known for its innovative approach to product development and quality assurance. As of my training data up to October 2023, any recent significant developments specific to Garware Hi Tech Films Ltd are not available. However, the company has been historically involved in efforts to expand its market reach and enhance its product offerings through technological advancements.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), Garware Hi Tech Films Ltd reported a total income of ₹583.55 crores. This represents a notable increase of 14.8% compared to the previous quarter (Q1FY26), where the total income was ₹508.37 crores. However, when compared to the same quarter in the previous fiscal year (Q2FY25), the total income shows a decline of 8.0% from ₹634.23 crores. This indicates fluctuations in revenue performance over the year. The quarter-over-quarter growth in income suggests an upward trajectory in the recent fiscal quarter.

Profitability

The company's profitability metrics for Q2FY26 reveal that Profit Before Tax (PBT) amounted to ₹120.39 crores, marking a 9.1% increase from the previous quarter's PBT of ₹110.33 crores. Despite this quarter-over-quarter growth, there is a year-over-year decline of 12.8% from the PBT of ₹138.12 crores reported in Q2FY25. The Profit After Tax (PAT) for Q2FY26 was reported at ₹91.23 crores, which is 9.9% higher than the Q1FY26 figure of ₹83.02 crores, yet 12.5% lower than the Q2FY25 figure of ₹104.26 crores. The Earnings Per Share (EPS) follows a similar pattern, increasing by 9.9% QoQ to ₹39.27, but decreasing by 12.5% YoY from ₹44.88.

Operating Metrics

The total expenses for Q2FY26 were ₹463.16 crores, which represents a 16.4% increase from Q1FY26's total expenses of ₹398.04 crores. When compared to Q2FY25, there is a decrease of 6.6% from the previous year's expenses of ₹496.11 crores. The tax expenses for the quarter were ₹29.16 crores, marking a 6.8% increase from Q1FY26's tax expenses of ₹27.31 crores, yet showing a 13.9% decrease from Q2FY25's tax figure of ₹33.86 crores. These operating metrics highlight the company's cost management and tax obligations across different quarters.