Garware Hi-Tech Films Limited — Results, 14-05-2025: Integrated Filing- Financial
Garware Hi-Tech Films has announced a board meeting on May 28, 2025, to approve the financial results for the quarter and half-year.
1) Revenue Performance:
Consolidated revenue jumped 26% YoY to Rs. 2,109.36 Cr in FY25, driven primarily by its core polyester films business and subsidiary contributions.
2) Profitability and EPS:
Net profit surged 63% to Rs. 331.22 Cr with EPS rising to Rs. 142.57 from Rs. 87.50, supported by volume growth and improved operational efficiency.
3) Operational Costs:
Total expenses increased to Rs. 1,718.28 Cr due to higher raw material costs (Rs. 981.66 Cr vs Rs. 821.40 Cr) and employee expenses (Rs. 178.17 Cr vs Rs. 142.67 Cr). Power and fuel costs saw moderate rises.
4) Key Metrics:
EBITDA margins improved, reflecting scale benefits and cost control. Depreciation edged up to Rs. 41.23 Cr, indicating ongoing capacity investments.
5) Balance Sheet / Cash Flow Health:
Working capital stayed stable; inventory rose modestly to Rs. 309.36 Cr. Cash reserves were healthy at Rs. 110.50 Cr. The company sustained low debt by avoiding new borrowings and repaying existing loans. Capex increased significantly to Rs. 58.60 Cr, pointing to expansion/modernization plans.
6) Management Commentary / Strategic Outlook:
The board approved a final dividend of Rs. 12 per share, underscoring confidence in cash flows. Focus remains on capacity expansion and margin enhancement amid evolving global demand.
Final Takeaway:
Garware Hi-Tech Films shows strong growth momentum with solid margins and cash flow. Its emphasis on polyester films and operational improvements makes it an attractive pick for investors seeking specialty films sector exposure.
