Garware Hi-Tech Films Announces Record Financial Year 2026 Revenue and Profitability, Approving Rs 191 Crore Capex

Garware Hi-Tech Films Announces Record Financial Year 2026 Revenue and Profitability, Approving Rs 191 Crore Capex​

Garware Hi-Tech Films Limited (GHFL), a leading manufacturer of Sun Control Films, Paint Protection Films, and other Specialty Films, has announced its audited financial results for the quarter and year ended March 31, 2026. The company reported robust top-line performance and significant profitability growth, confirming its strong operational momentum.

The company announced a total comprehensive income of Rs 312.25 Crore for the year ended March 31, 2026, marking a 39.1% year-on-year increase. The consolidated revenue from operations stood at Rs 2,120 Crore, representing a 0.5% change year-over-year, demonstrating sustained scale and market presence.

Financial Performance Summary​

The financial results for the year and the fourth quarter (Q4) of FY26 underscore the company's growth trajectory.

Below is a comparison of the key consolidated financial metrics (Rs in Crores):


The company noted that the EBITDA margin expanded to 26.2% in Q4 FY26, up 409 basis points year-over-year, driven by operating leverage and improved product mix. The PAT margin was 18.1% in the same quarter.

Strategic Growth and Investments​

GHFL is focused on maintaining its growth momentum through strategic investments and product innovation. The Board of Directors approved a capital expenditure (capex) of Rs 191 Crore, plus applicable taxes. This investment is earmarked for a state-of-the-art Sun Control Film line, which will utilize advanced robotics and automation technology and add a capacity of 1200 LSF/P.A. The expansion is designed to cater to future growth needs.

The company also highlighted its commitment to innovation by unveiling three new products, including sustainable TPU-based UV printable films, PDLC speciality films (Privacy on Demand), and Graphic Solutions.

From a market reach standpoint, the company continues to strengthen its global footprint. It has expanded its Global Application Studios (GAS) to 11 international additions across the UAE and the USA, while domestically expanding its presence to over 250 Garware Application Studios (GAS) and 6 Global Home Solutions (GHS).

Corporate Governance and Operational Updates​

In terms of corporate actions, the Board of Directors recommended a final dividend of Rs 12/- (Rupees Twelve only) per equity share, based on the face value of Rs 10/- each, for the financial year 2025-26. This dividend is subject to the approval of the members at the ensuing Annual General Meeting (AGM).

On the governance front, the company announced changes in its leadership structure. Ms. Sonali Rajesh Mehta was appointed as an Additional Director in the Independent Director category, effective June 25, 2026. Furthermore, Ms. Monika Garware was re-appointed as Vice-Chairperson and Joint Managing Director for a period of five years, from November 01, 2026, to October 31, 2031.

The company also confirmed the re-appointment of M/s Deloitte Touche Tohmatsu India LLP as the Internal Auditor and M/s B. R. Chandak & Co. as the Cost Auditor for the financial year 2026-27, subject to shareholder ratification.

GRWRHITECH Stock Price Movement​

Shares of Garware Hi-Tech Films Limited are surging as of 1:27 PM, trading up 6.05% to hit ₹4748.4 in live market action. The equity posted robust momentum on 266,229 shares, remaining sharply positioned near its 52-week high mark of ₹4782.9.