Results - Announcements
Garware Hi Tech Films Ltd share price declined by 4.31% to Rs 6663.25 after the company's net profit slipped by 2.42% to Rs 129.44 crore, while revenue from operations improved marginally 9.86% to Rs 695.53 crore in Q3FY26 over Q2FY26.
The market capitalization of Plastic Products - Industrial industry group stocks on BSE stood at Rs 1.43 lakh crore, falling 14.72%. It has eased by 3.41% over last one week and dipped slightly by 1.66% in last one month while the market capitalization of Garware Hi Tech Films Ltd has softened by 6.42% and 3.52% in the same period respectively.
Profit before tax (PBT) of Garware Hi Tech Films Ltd stood at Rs 173.06 crore in Q3 FY26, jumping 43.75% year-on-year, and declining 1.93% quarter-on-quarter. EBITDA came in at Rs 150 crore, rallying 42.02% YoY and slipping 1.54% sequentially.
Total expenses went up by 13.76% to Rs 539.11 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 294.74 crore, easing 2.05% YoY, while employee benefits expense was at Rs 51.09 crore, registering a marginal contraction of 3.20% YoY.
For the TTM ended FY26, revenue from operations tick up 0.51% to Rs 2120.11 crore, while net profit inched up 2.12% to Rs 338.23 crore, compared to previous TTM. EBITDA surged by 38959% to Rs 369.87 crore, and PBT saw a minor gain of 0.17% to Rs 446.22 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 275.33 crore in FY26, as against Rs 329.72 crore in FY25.
Garware Hi Tech Films Ltd soared by 110.82% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 12.69% during the same period.