Garware Hi-Tech Films Q2 FY27 results (Jul–Sep 2026) and concall

Capital Goods · Concall AI · Call held 23 Oct 2026

Company page: Garware Hi-Tech Films share price, financials & guidance record

Garware Hi-Tech Films delivered a robust Q2 FY27, achieving its highest-ever quarterly revenue of INR 696 crores, driven by improved realizations and a favorable product mix. EBITDA margins expanded significantly to 27.2%, despite geopolitical challenges and increased raw material costs. The company upgraded its FY27 EBITDA margin guidance and reaffirmed its revenue target, demonstrating confidence in its growth trajectory fueled by strategic investments in TPU and solar control film capacities, and expansion in architectural film business and direct-to-consumer channels.

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What they filed

Q2 FY27: revenue up 23.8%, net profit up 30.8% against the same quarter last year.

₹ Cr · quarterly

Line item	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26	Q1 FY27	Q2 FY27
Revenue	442	516	453	512	451 +2%	532 +3%	584 +29%	634 +24%
Expenses	364	416	356	411	385	408	418	490
EBITDA	78	99	97	101	66 −15%	124 +25%	166 +71%	144 +43%
Margin	18%	19%	21%	20%	15%	23%	28%	23%
Other income	19	15	14	43	17	23	16	47
Interest	2	2	1	1	1	2	2	2
Depreciation	10	10	10	11	11	12	12	13
Profit before tax	85	103	99	132	70 −18%	133 +29%	168 +70%	177 +34%
Tax rate	23%	29%	25%	19%	24%	25%	25%	21%
Net profit	66	74	75	107	53 −20%	100 +35%	127 +69%	140 +31%
EPS	28.21	31.69	32.11	45.85	23.02	43.10	54.48	60.20

How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.

What they filed

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