Garware Hi-Tech
Ticker >

Garware Hi-Tech share price

Garware Hi-Tech Films Ltd.

NSE: GRWRHITECH BSE: 500655 SECTOR: Plastic Products  44k   100   12

1401.65
-18.35 (-1.29%)
NSE: 11 Dec 03:57 PM

Price Summary

Today's High

₹ 1419.8

Today's Low

₹ 1381

52 Week High

₹ 1634

52 Week Low

₹ 491.35

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 3256.37 Cr.

Enterprise Value

₹ 3381.96 Cr.

No. of Shares

2.32 Cr.

P/E

24.29

P/B

1.74

Face Value

₹ 10

Div. Yield

0.71 %

Book Value (TTM)

₹  803.37

CASH

₹ 30.4 Cr.

DEBT

₹ 156 Cr.

Promoter Holding

60.72 %

EPS (TTM)

₹  57.7

Sales Growth

3.74%

ROE

8.43 %

ROCE

10.93%

Profit Growth

-7.87 %

Add Your Ratio

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

Please login to Add & View your own added ratios.

Login

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year3.74%
3 Year14.33%
5 Year9.76%

Profit Growth

1 Year-7.87%
3 Year19.29%
5 Year34.32%

ROE%

1 Year8.43%
3 Year8.8%
5 Year7.66%

ROCE %

1 Year10.93%
3 Year12.17%
5 Year10.95%

Debt/Equity

0.086

Price to Cash Flow

13.43

Interest Cover Ratio

13.7769926069124

CFO/PAT (5 Yr. Avg.)

1.3389221575224

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2023 60.72 0
Jun 2023 60.72 0
Mar 2023 60.72 0
Dec 2022 60.72 0
Sep 2022 60.72 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 19.2933700950536% for the Past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 13.7769926069124.
  • The company has an efficient Cash Conversion Cycle of 7.9105663541785 days.
  • Company has a healthy liquidity position with current ratio of 2.61453650159211.
  • The company has a good cash flow management; CFO/PAT stands at 1.3389221575224.
  • The company has a high promoter holding of 60.72%.

 Limitations

  • The company has shown a poor revenue growth of 14.3339514108171% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023
Net Sales 359.49 308.99 287.94 325.36 384.66
Total Expenditure 302.26 258.59 257.68 283.38 323.07
Operating Profit 57.23 50.4 30.26 41.98 61.59
Other Income 8.16 8.16 16.91 9.68 8.79
Interest 3.68 3.69 4.16 3.89 3.24
Depreciation 7.47 7.85 9.12 9.63 9.51
Exceptional Items 0 0 0 0 0
Profit Before Tax 54.24 47.02 33.89 38.14 57.63
Tax 13.63 11.83 7.25 9.53 14.01
Profit After Tax 40.61 35.19 26.64 28.61 43.62
Adjusted EPS (Rs) 17.48 15.15 11.47 12.32 18.78

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 922.69 877.31 960.39 1263.97 1311.24
Total Expenditure 789.62 734.19 753.28 1035.7 1108.97
Operating Profit 133.08 143.12 207.11 228.27 202.27
Other Income 8.94 25 15.63 39.55 40.37
Interest 18.65 17.71 18.37 17.15 15.31
Depreciation 13.67 20.15 23.84 28.07 31.69
Exceptional Items 0 0 0 0 0
Profit Before Tax 109.7 130.27 180.53 222.59 195.64
Tax 35.37 43.33 61.84 62.39 48.04
Net Profit 74.34 86.94 118.7 160.21 147.59
Adjusted EPS (Rs.) 32 37.42 51.09 68.96 63.53

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 23.23 23.23 23.23 23.23 23.23
Total Reserves 1340.81 1371.84 1524.21 1664.66 1790.17
Borrowings 113.22 130.84 111.81 130.19 84.24
Other N/C liabilities -37.75 -21.34 14.05 38.42 44.77
Current liabilities 150.43 134.73 177.44 247.59 235.13
Total Liabilities 1589.94 1639.3 1850.73 2104.09 2177.54
Assets
Net Block 1237.66 1278.87 1328.9 1340.41 1465.58
Capital WIP 10.59 18.64 10.83 95.85 10.32
Intangible WIP 0 1.44 0.15 0.07 0.09
Investments 31.11 29.42 68.87 75.76 77.74
Loans & Advances 20.77 22.6 13.82 23.05 4.67
Other N/C Assets 0 0 12.59 1.65 4.39
Current Assets 289.81 288.32 415.57 567.31 614.75
Total Assets 1589.94 1639.3 1850.73 2104.09 2177.54
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 109.7 130.27 180.53 222.59 195.64
Adjustment 26.69 15.28 34.2 20.37 31.46
Changes in Assets & Liabilities 24.28 -30.09 -4.65 -68.47 56.84
Tax Paid -23.59 -25.49 -31.16 -36.02 -41.41
Operating Cash Flow 137.1 89.97 178.92 138.47 242.53
Investing Cash Flow -100.61 -30.55 -125.72 -141.26 -169.55
Financing Cash Flow -48.02 -63.35 -34.57 6.9 -87.12
Net Cash Flow -11.53 -3.93 18.63 4.11 -14.15

Corporate Actions

Investors Details

PARTICULARS Sep 2022% Dec 2022% Mar 2023% Jun 2023% Sep 2023%
promoters 60.72 60.72 60.72 60.72 60.72
b d garware research cent... 5.35 5.35 5.35 5.35 5.35
garware industriees priva... 1.01 1.01 1.01 1.01 1.01
great view real estates p... 2.02 2.02 2.02 2.02 2.02
monika garware - 1.15 1.15 1.15 1.15
monika garware benefit tr... 2.47 2.47 2.47 2.47 2.47
s b garware family trust 38.17 38.17 38.17 38.17 38.17
sarita garware benefit tr... 2.47 2.47 2.47 2.47 2.47
sarita garware ramsay 1.15 1.15 1.15 1.15 1.15
shashikant bhalchandra ga... 5.01 5.01 5.01 5.01 5.01
sheela shashikant garware... 0.76 0.76 0.76 0.76 0.76
sonia shashikant garware 1.16 1.16 1.16 1.16 1.16
monika . garware 1.15 - - - -
PARTICULARS Sep 2022% Dec 2022% Mar 2023% Jun 2023% Sep 2023%
investors 39.28 39.28 39.28 39.28 39.28
ashish kacholia 3.98 4.00 4.17 4.17 4.17
investor education and pr... 1.48 1.48 1.48 - 1.47
lic mf multi cap fund - - - - 1.14
llp 0.49 0.17 0.16 0.15 1.06
quant mutual fund - quant... - 1.40 2.04 - 2.18
investor education and pr... - - - 1.48 -
minal bharat patel 2.55 2.55 2.30 1.68 -
quant mutual fund - - - 2.20 -
lici asm non par 1.29 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Garware Hi-Tech - Quaterly Results9 Nov 2023, 1:42PM Garware Hi-Tech Films informs about loss of share certificate11 Sep 2023, 2:31PM Garware Hi-Tech Films informs about loss of share certificate1 Sep 2023, 11:50AM Garware Hi-Tech Films informs about loss of share certificates21 Aug 2023, 5:16PM Garware Hi-Tech - Quaterly Results11 Aug 2023, 4:53PM Garware Hi-Tech - Quaterly Results11 Aug 2023, 4:53PM Garware Hi-Tech Films informs about loss of share certificate1 Aug 2023, 5:04PM Garware Hi-Tech Films informs about loss of share certificate29 Jul 2023, 2:20PM Garware Hi-Tech Films informs about re-appointment of director29 Jul 2023, 12:09PM Garware Hi-Tech Films informs about credit ratings5 Jul 2023, 2:30PM Garware Hi-Tech Films informs about loss of share certificate17 Jun 2023, 2:09PM Garware Hi-Tech - Quaterly Results26 May 2023, 1:56PM Garware Hi-Tech - Quaterly Results26 May 2023, 1:56PM Garware Hi-Tech Films informs about details of loss of certificate22 Apr 2023, 12:48PM Garware Hi-Tech Films informs about loss of share certificate19 Apr 2023, 4:31PM Garware Hi-Tech Films informs about details of loss of certificate 25 Mar 2023, 3:33PM Garware Hi-Tech Films informs about details of loss of certificate 14 Mar 2023, 5:20PM Garware Hi-Tech - Quaterly Results10 Feb 2023, 3:52PM Garware Hi-Tech - Quaterly Results10 Feb 2023, 3:52PM Garware Hi-Tech - Quaterly Results10 Feb 2023, 3:52PM Garware Hi-Tech Films informs about loss of share certificate3 Feb 2023, 5:23PM Garware Hi-Tech Films informs about loss of share certificate1 Feb 2023, 5:02PM Garware Hi-Tech Films informs about loss of share certificates24 Dec 2022, 2:44PM Garware Hi-Tech Films informs about commissioning of new lamination line14 Dec 2022, 5:20PM Garware Hi-Tech Films informs about details of loss of certificate 13 Dec 2022, 3:05PM Garware Hi-Tech Films informs about loss of share certificates3 Dec 2022, 4:26PM Garware Hi-Tech Films informs about press release26 Nov 2022, 3:56PM Garware Hi-Tech Films informs about disclosure of related party transactions24 Nov 2022, 10:56AM Garware Hi-Tech Films informs about loss of share certificate19 Nov 2022, 12:24PM Garware Hi-Tech Films reports 11% rise in Q2 consolidated net profit 12 Nov 2022, 4:53PM Garware Hi-Tech - Quaterly Results11 Nov 2022, 1:31PM Garware Hi-Tech - Quaterly Results11 Nov 2022, 1:31PM Garware Hi-Tech Films informs about disclosure22 Oct 2022, 3:53PM Garware Hi-Tech Films informs about loss of share certificates22 Oct 2022, 3:38PM Garware Hi-Tech Films informs about resignation of whole-time director10 Oct 2022, 5:04PM Garware Hi-Tech Films informs about loss of share certificate 22 Sep 2022, 4:54PM Garware Hi-Tech Films informs about loss of share certificate20 Sep 2022, 5:05PM Garware Hi-Tech Films informs about details of loss of certificate 9 Sep 2022, 4:28PM Garware Hi-Tech Films informs about loss of share certificates20 Aug 2022, 4:16PM Garware Hi-Tech Films informs about loss of share certificates11 Aug 2022, 3:06PM Garware Hi-Tech - Quaterly Results4 Aug 2022, 1:27PM Garware Hi-Tech - Quaterly Results4 Aug 2022, 1:27PM Garware Hi-Tech - Quaterly Results4 Aug 2022, 1:27PM Garware Hi-Tech Films informs about investor presentation4 Jun 2022, 3:18PM Garware Hi-Tech Films informs about earnings call4 Jun 2022, 3:09PM Garware Hi-Tech Films informs about secretarial compliance report28 May 2022, 2:48PM Garware Hi-Tech Films gets nod for proposal of new business opportunity 26 May 2022, 4:13PM Garware Hi-Tech - Quaterly Results26 May 2022, 1:41PM Garware Hi-Tech - Quaterly Results26 May 2022, 1:41PM Garware Hi-Tech Films informs about non- applicability of large corporate entity26 Apr 2022, 3:45PM

Garware Hi-Tech Stock Price Analysis and Quick Research Report. Is Garware Hi-Tech an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Garware Hi-Tech has a PE ratio of 24.2903859184561 which is high and comparatively overvalued .

  • Share Price: - The current share price of Garware Hi-Tech is Rs 1401.65. One can use valuation calculators of ticker to know if Garware Hi-Tech share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Garware Hi-Tech has ROA of 6.89432472918386 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Garware Hi-Tech has a Current ratio of 2.61453650159211 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Garware Hi-Tech has a ROE of 8.43086577874412 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Garware Hi-Tech has a D/E ratio of 0.086 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Garware Hi-Tech has an Inventory turnover ratio of 8.5440784740974 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Garware Hi-Tech has reported revenue growth of 3.73985741538947 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Garware Hi-Tech for the current financial year is 15.4256084222227 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Garware Hi-Tech is Rs 10 and the yield is 0.7117 %.

Last Updated on:
Brief about Garware Hi-Tech

Garware Hi-Tech Films Ltd. Financials: Check Share Price, Balance Sheet, Annual Report, Quarterly Results, Shareholding, Company Profile and News for Company Analysis

Garware Hi-Tech Films Ltd. is a leading manufacturer and supplier of advanced, innovative films for various industrial applications. The company was founded in [year] and has since established a strong presence in the global market. With a focus on research and development, Garware Hi-Tech Films has continuously evolved its product portfolio to meet the changing needs of industries such as packaging, automotive, defense, agriculture, and more.

Garware Hi-Tech Films Ltd. - Share Price

Stay updated with the latest share price of Garware Hi-Tech Films Ltd. Our website provides real-time market data and allows users to track the performance of the company's stock. By monitoring the share price, investors can make informed decisions about buying, selling, or holding their investments in Garware Hi-Tech Films.

Garware Hi-Tech Films Ltd. - Balance Sheet

Gain insights into the financial health of Garware Hi-Tech Films Ltd. by analyzing its balance sheet. Our pre-built screening tools allow investors to examine key financial indicators without the need for complex calculations. Additionally, premium features on our website enable users to perform fair value calculations using tools such as DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont Analysis.

Garware Hi-Tech Films Ltd. - Annual Report

Access the annual reports of Garware Hi-Tech Films Ltd. on our website. These reports provide detailed information about the company's financial performance, strategic initiatives, and future prospects. Investors can utilize these reports to gain a comprehensive understanding of Garware Hi-Tech Films' operations and make well-informed investment decisions.

Garware Hi-Tech Films Ltd. - Dividend

Learn about the dividend policy of Garware Hi-Tech Films Ltd. and understand the company's approach to returning value to shareholders. Our website provides information on dividend payouts, dividend history, and dividend yield, allowing investors to assess the income potential of their investment in Garware Hi-Tech Films.

Garware Hi-Tech Films Ltd. - Quarterly Results

Stay updated on the latest quarterly results of Garware Hi-Tech Films Ltd. Our website provides downloadable reports and presentations that highlight the company's financial performance, key milestones, and future plans. Investors can analyze these results to gauge the company's growth trajectory and compare it with industry benchmarks.

Garware Hi-Tech Films Ltd. - Stock Price Chart

Track the historical performance of Garware Hi-Tech Films Ltd.'s stock through our comprehensive stock price charts. These charts allow investors to visually analyze price trends, identify patterns, and make informed investment decisions. Users can customize the charts based on their preferred timeframes and technical indicators.

Garware Hi-Tech Films Ltd. - News

Stay informed about the latest news and developments related to Garware Hi-Tech Films Ltd. Our website provides curated news articles that cover key events, industry trends, regulatory updates, and analyst opinions. By staying up-to-date with the news, investors can stay ahead of market movements and make timely investment decisions.

Garware Hi-Tech Films Ltd. - Concall Transcripts

Access the concall transcripts of Garware Hi-Tech Films Ltd. on our website. These transcripts provide insights into the discussions and presentations made by the company's management during earnings conference calls. Investors can gain a deeper understanding of the company's strategy, performance, and outlook as discussed by key stakeholders.

Garware Hi-Tech Films Ltd. - Investor Presentations

Download investor presentations of Garware Hi-Tech Films Ltd. from our website. These presentations are a valuable source of information for investors looking to understand the company's business model, growth prospects, and future plans. By reviewing these presentations, investors can make well-informed investment decisions and stay updated on the company's strategic initiatives.

Garware Hi-Tech Films Ltd. - Promoters

Garware Hi-Tech Films Ltd. is backed by a strong group of promoters who have played a pivotal role in the company's success. Our website provides information about the promoters and their contributions to the company's growth. Understanding the promoters' background and experience can provide investors with insights into the company's long-term vision and stability.

Garware Hi-Tech Films Ltd. - Shareholders

Discover the major shareholders of Garware Hi-Tech Films Ltd. and understand the distribution of ownership in the company. Our website provides information on institutional investors, mutual funds, and individual investors who hold significant stakes in Garware Hi-Tech Films. By analyzing the shareholders' composition, investors can gain insights into the confidence of institutional investors and industry experts in the company's prospects.

Investors seeking in-depth stock analysis and comprehensive investment tools will find our website invaluable. With our pre-built screening tools, access to annual reports, concall transcripts, investor presentations, credit ratings, and research reports, investors can thoroughly evaluate Garware Hi-Tech Films Ltd. and make informed investment decisions based on their long-term goals.

X