Garware Hi-Tech Films Ltd (NSE:GRWRHITECH)
₹ 7,182 +30.5 (+0.43%) Market Cap: 167.00 Bil Enterprise Value: 159.41 Bil PE Ratio: 49.66 PB Ratio: 6.33 GF Score: 71/100

Q3 2025 Garware Hi-Tech Films Ltd Earnings Call Transcript

Feb 10, 2025 / 06:30 AM GMT
Release Date Price: ₹3651.2 (+7.90%)

Key Points

Positve
  • Garware Hi-Tech Films Ltd (BOM:500655) reported a consolidated revenue growth of 466.4% and a profit after tax growth of INR60.8% for the quarter.
  • The company's IPD segment grew by 24%, driven by increased penetration in newer markets.
  • Garware Hi-Tech Films Ltd (BOM:500655) has completed and delivered three CapEx projects since 2018, significantly increasing revenues by approximately 2.5 times and margins to 24%.
  • The company announced a new investment of INR118 crore for a TPU extrusion line, expected to enhance operational efficiency and expand product offerings.
  • Garware Hi-Tech Films Ltd (BOM:500655) continues to experience strong demand in its paint protection film business, with new product variants introduced at the Bharat Mobility Global Expo 2025.
Negative
  • The CPD segment saw a slight decline of 7% year on year, attributed to lower sales of higher margin IR products due to seasonal fluctuations.
  • Despite overall growth, the company experienced a quarter-over-quarter decline, largely due to anticipated seasonal softness.
  • There is a potential risk of tariff impacts, although the company is optimistic about mitigating these through strategic customer engagement.
  • The company's margins were lower than the expected range of 25% plus or minus 3% due to seasonal fluctuations.
  • The company faces challenges in expanding its presence in Latin America, requiring additional resources and strategic efforts.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

GARW.NS - Garware Hi-Tech Films Ltd
Q3 2025 Garware Hi-Tech Films Ltd Earnings Call
Feb 10, 2025 / 06:30AM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, good day and welcome to the Q3 FI 25 earnings conference call of Cervere High Tech Films Limited.

As a reminder, all participant lines will be in the lesson only mode, and there will be an opportunity for you to ask questions after the presentation concludes.

Should you need assistance during the conference call, please signal an operator by pressing the then 0 on a touchtone phone. Please note that this conference is being recorded.

I now hand the conference over to Mr. Vikas Verma from Ernst and Young.

Thank you and over to you, sir.

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Unidentified_2 [2]
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