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Garware Hi-Tech Films Limited Q2 FY26 results deck summary
NSE: GRWRHITECH · BSE: 500655
Results deck of 13 Nov 2025, summarised by AI from the filing.
Q2 FY26 revenue ₹570 cr and PAT ₹120 cr; FY26 & beyond revenue CAGR guided at 15-20%.
Key takeaways
- Q2 FY26 revenue Revenue ₹570 cr (Q2 FY25: ₹621 cr); PAT ₹120 cr (Q2 FY25: ₹104 cr).
- Guidance FY26 & beyond revenue CAGR 15-20% and EBITDA margin 22-25%, subject to macro-economic situation.
- Change Q2 FY26 revenue ₹570 cr vs Q1 FY26 ₹548 cr; EBITDA margin 23.4% vs 24.8%.
- Driver Commercialisation of new PPF production line supports next phase of growth.
- Risk Tariff changes and geopolitical shifts create uncertainty in global trade.
Garware Hi-Tech Films Limited Q1 FY27 results
As filed: Revenue ₹633 cr (+28% year on year), EBITDA ₹172 cr (+56% year on year), PAT ₹133 cr (+60% year on year), EBITDA margin 27.2% (+495 bps).
The Q1 FY27 score, against the company's own trend, is for premium members.
Earlier results and the share price after them
- Q4 FY26: Revenue ₹597 cr (+9% year on year), EBITDA ₹135 cr (+30% year on year), PAT ₹108 cr (+39% year on year), EBITDA margin 22.7% (+372 bps). Score 68 of 100, Above trend. Revenue growth was below the company's own trend; EBITDA and profit growth were in line with it. EBITDA margin rose 372 bps year on year. Revenue grew on the previous quarter, against its usual seasonal pattern. Profit rose ₹30.2 cr on a year ago, more than the ₹20.0 cr it added the year before. Share price after the results: +31.6% in 30 days (Nifty 500: −1.5%).
- Q3 FY26: Revenue ₹459 cr (−2% year on year), EBITDA ₹70.3 cr (−12% year on year), PAT ₹55.8 cr (−9% year on year), EBITDA margin 15.3% (−185 bps). Score 25 of 100, Below trend. Revenue, EBITDA and profit growth were well below the company's own trend. EBITDA margin fell 185 bps year on year. Revenue fell 20% from last quarter. Share price after the results: +37.9% in 30 days (Nifty 500: −1.1%).
- Q2 FY26: Revenue ₹570 cr (−8% year on year), EBITDA ₹119 cr (−13% year on year), PAT ₹91.0 cr (−13% year on year), EBITDA margin 20.9% (−102 bps). Score 19 of 100, Below trend. Revenue, EBITDA and profit growth were well below the company's own trend. EBITDA margin fell 102 bps year on year. Share price after the results: +5.0% in 29 days (Nifty 500: −0.5%).
- Q1 FY26: Revenue ₹495 cr (+4% year on year), EBITDA ₹110 cr (−8% year on year), PAT ₹83.0 cr (−6% year on year), EBITDA margin 22.2% (−288 bps). Score 17 of 100, Below trend. Revenue, EBITDA and profit growth were well below the company's own trend. EBITDA margin fell 288 bps year on year. Revenue fell 10% from last quarter. Share price after the results: −11.0% in 28 days (Nifty 500: +1.7%).
- Q4 FY25: Revenue ₹548 cr (+23% year on year), EBITDA ₹104 cr (+33% year on year), PAT ₹78.0 cr (+34% year on year), EBITDA margin 19.0% (+153 bps). Score 60 of 100, In line with trend. Revenue, EBITDA and profit growth were below the company's own trend. EBITDA margin rose 153 bps year on year. Revenue grew on the previous quarter, against its usual seasonal pattern. Revenue rose ₹101 cr on a year ago, more than the ₹98.0 cr it added the year before. Share price after the results: +21.3% in 30 days (Nifty 500: +2.5%).
- Q3 FY25: Revenue ₹466 cr (+3% year on year), EBITDA ₹80.0 cr (+5% year on year), PAT ₹61.0 cr (+9% year on year), EBITDA margin 17.2% (+43 bps). Score 16 of 100, Below trend. Revenue, EBITDA and profit growth were well below the company's own trend. EBITDA margin rose 43 bps year on year. Revenue fell 25% from last quarter. Revenue rose ₹12.0 cr on a year ago, against ₹130 cr the year before.
- Q2 FY25: Revenue ₹621 cr (+56% year on year), EBITDA ₹136 cr (+106% year on year), PAT ₹104 cr (+126% year on year), EBITDA margin 21.9% (+528 bps). Score 100 of 100, Above trend. EBITDA margin rose 528 bps year on year. Not enough history for a trend yet: scored on growth alone.
Past price moves after results do not indicate future moves. Not a recommendation.
Garware Hi-Tech Films Limited earnings call, investor presentation and press release summaries
- Q1 FY27: Earnings call (7 Aug 2026), Results deck (6 Aug 2026), Results press release (6 Aug 2026)
- Q4 FY26: Earnings call (7 May 2026), Results deck (6 May 2026), Results press release (6 May 2026)
- Q3 FY26: Earnings call (2 Feb 2026), Results deck (31 Jan 2026), Results press release (31 Jan 2026)
- Q2 FY26: Earnings call (14 Nov 2025), Results deck (13 Nov 2025), Results press release (13 Nov 2025)
- Q1 FY26: Earnings call (8 Aug 2025), Results deck (8 Aug 2025), Results press release (8 Aug 2025)
- Q4 FY25: Earnings call (15 May 2025), Results deck (14 May 2025), Results press release (14 May 2025)
Figures from the company's filings with NSE and BSE. Not investment advice.