ALPHA TRIBE

Garware Hi-Tech Films LimitedPPTs, 14-11-2024: Investor Presentation

14-11-2024 | 03:59 pm

Garware Hi-Tech Films Limited reported strong financial results for the quarter and half-year ended September 30, 2024. Consolidated revenues reached ₹620.6 crores, marking a robust 56.3% growth year-on-year, driven by increasing demand for Solar Control Films (SCF), Paint Protection Films (PPF), and Industrial Products. EBITDA surged by 103.3% year-on-year to ₹150.5 crores, while profit after tax (PAT) soared to ₹104.3 crores, reflecting a significant 127.1% rise.

The company's strategic focus on premium offerings, efficient operations, and channel expansion contributed to these record results. With exceptional sales momentum across various segments and a commendable EBITDA margin improvement, there is a positive outlook for maintaining this momentum going forward. Garware is well-positioned to capitalize on emerging opportunities in the market while enhancing its distribution channels and product portfolio.

Overall, investors should watch closely as GHFL continues to expand its presence and innovation in the specialty films sector.

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