| EBITDA Margin: guided vs achieved | 30.30% achieved Guided 23.00%–27.00%, 12.2% above the top of the range; confirmed by management |
|---|---|
| Management target | Revenue 20.0% FY27 |
| Revenue growth | 28% YoY revenue growth, purely organic, driven by premium product mix. |
|---|---|
| Margins | Structural expansion to 30.3% EBITDA margin, exceeding long-term guidance. |
| Demand visibility | Strong global and domestic demand for high-end automotive and architectural films. |
| Management confidence | Highly confident, emphasizing structural business transformation over cyclical gains. |
Growth
Revenue grew 28% YoY to 633 Cr; EBITDA surged 56% with record margins of 30.3%.
Outlook
Reaffirmed FY27 revenue target of 2,500 Cr+; target 15-20% revenue CAGR over medium term.
Risks
Supply chain disruptions in the Middle East due to regional conflicts; aggressive competition in standard films.
Last quarter's promises, checked
Delivered
- Guided 25% +/- 3% EBITDA margin → delivered 30.3% (= BEAT)
- Guided debt-free status → delivered 850 Cr cash/debt-free (= BEAT)
- Guided Sun Control expansion capex → delivered 192 Cr investment (= BEAT)
Partly delivered
- Guided 2,500 Cr FY27 revenue → on track with 28% YoY growth (= PARTIAL)
Earnings Call Transcript filed with BSE, NSE: GRWRHITECH. Summary written with AI assistance from the document.
Garware Hi-Tech Films Ltd: key numbers
- Share price
- ₹6,903.50
- Market cap
- ₹16,038 Cr
- Revenue (annual)
- ₹2,120 Cr
- Net profit (annual)
- ₹338.2 Cr
- P/E (TTM)
- 41.4×Sector 39.1×
- Promoter holding
- 60.72%+0.00% QoQ
- FII holding
- 4.22%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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