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 2026 Garware Hi-Tech Films Ltd Earnings Call Transcript

Feb 2, 2026 / 06:00 AM GMT
Release Date Price: ₹3257.2 (+10.28%)

Key Points

Positve
  • Garware Hi-Tech Films Ltd (BOM:500655) maintained a robust order book despite a challenging global environment.
  • The company successfully doubled its paint protection film capacity, enhancing manufacturing efficiencies.
  • Exports contributed significantly, accounting for 74.3% of total revenues in the quarter.
  • The architectural film business expanded rapidly, particularly in the Middle East and Indian markets.
  • Garware Hi-Tech Films Ltd (BOM:500655) remains debt-free with a strong cash and liquid investment balance.
Negative
  • Revenue declined marginally by 1.6% year-over-year due to tariff-related disruptions.
  • EBITDA declined by 7.4% year-over-year, primarily due to tariff-related cost absorption.
  • The company faced a full impact of a 50% tariff structure, affecting profitability.
  • There is uncertainty regarding the geopolitical situation and its impact on future tariffs.
  • The company's margins were impacted by the tariff situation, with a decline in EBITDA margin.


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 2026 Garware Hi-Tech Films Ltd Earnings Call
Feb 02, 2026 / 06:00AM 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 Garwaa High Tech Films Limited, Q3 and 9 month FY26 earnings conference call hosted by Go India Advisors LLC.

As a reminder, all participant lines will be in the listen-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, then 0 on your touchtone phone. Please note that this conference is being recorded. Anna hand the conference over to Miss Garima Singhla from Go India Advisors LLP.

Thank you and over to you, ma'am.

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