Garware Hi-Tech Films Ltd.
Snapshot View

934.00 +11.25 ▲1.2%

26 July 2021, 04:00:00 P.M.
Volume: 27,244

Overview View Details

Sector Plastic Products Compare with Sector peers
Industry Plastic Products Compare with Industry peers
Website http://www.garwarepoly.com
Financial Indicators
Market Cap 2,179.31 Cr.
Earnings per share (EPS) 54.21 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 17.30 Trailing Twelve Months Ending 2021-03
Industry PE 44.69 Trailing Twelve Months Ending 2021-03
Book Value / Share 673.01 Trailing Twelve Months Ending 2021-03
Price to Book Value 1.39 Calculated using Price: 938.05
Dividend Yield 1.07 Period Ending 2020-03
No. of Shares Subscribed 2.32 Cr. 23,232,394 Shares
FaceValue 10
Company Profile
Garware Polyester Ltd. was Incorporated on  June 6, 1957 under the name Garware Motors & Engineers Pvt. Ltd. and was converted into a public limited company on  May 26,1981. The name of the Company was changed to Garware Plastics & Polyster Pvt. Ltd. with effect from April 14, 1977.

It is the largest as well as the first company to produce polyester film in India for the last 20 years. They have grown to be a force to reckon with within the polyester film industry. They are continously diversifying to meet new challenges and reach new horizons.   

At Garware Polyester they serve the need of diverse industries. Their product range include films that cater to the solar control industry, packaging industry, reprographic industry etc.  

They are a force to reckon with in the field of polyester film. They continuously diversify to meet new horizons and challenges with competence and dynamism.  

With their vertically integrated production plants, four independent manufacturing lines and skilled manpower, they have built a business that spans the globe.  

Serving the needs of diverse industries, their bi-axially oriented polyethylene teraphthalate film range includes sun control films, overhead projector films and films for - packaging, cable insulation, audio tapes, tracing & drafting - to name a few.  

With an annual turnover in excess of US $100 million, they employ more than 1500 employees in their factories and offices. The Corporate Head Quarter is located in Mumbai and the company's main production facilities are at Aurangabad and Nasik. 

Milestones

The forties witnessed the birth of Garware, a simple manufacturing unit producing plastic buttons for the Navy. They later diversified their product base to include knitting needles, pen-holders and toothbrushes. 

In the fifties they lead the race by manufacturing injected, moulded and extruded plastic products like television casings & fan blades. 

The sixties brought new challenges in the form of new technologies. They responded by expanding our product line to include PVC pipes, fittings and allied products. End sixties saw the emergence of Polyester film and a whole new world of possibilities opened up for them. 

By the seventies it set out to conquer the entire world. Their expansion plans were launched with exports to the Middle East. To meet growing demands two new plants were set up - the polyester film plant in Aurangabad and the metallising unit in Nasik. 

In the eighties we produced sure winners like Garfilm, Sun Control and X-Ray film - all polyester based and indigenously developed. They were matching strides with developments worldwide. 

The nineties, the era of high technology, saw them taking on new challenges. 

Product range of the compny includes:
  • Reprographic Films/Sheets 
  • Polyester Film 
  • Pet Film
  • Bopet Film
  • Biaxially Oriented Polyester Film
  • Polyethylene Ptere Pthlate Films 
  • Packaging Films
  • Metallised Films
  • Insulation Films/Sheets/Webs 
  • Reprographic Films
  • LCD Films 
  • Thermal Lamination Films 
  • Release Liner 
  • Suncontrol 
  • Solarcontroal 
  • Holography 
  • Heatsealable 
  • Opaque Films 
  • Label Films
  • Matte Films 
  • OHP Films 
  • TRDR Films 
  • Lacquered 
  • Yarn Grade Films
Achievements/ recognition:
  • An ISO:9001:2000 certified company
  • In 1980 it was awarded the Gold Shield by the Government of India (Ministry of Industry), in recognition of our capability for developing polyester film in-house and thus saving substantial foreign exchange for the government.
  •  In 1988, the Department of Science and Technology of the Government of India recognised the excellent R&D effort with the Silver Shield award, for developing ray film with polyester base. 
  • The company has also been consistently winning the Top Exporter Award from the Government of India (Ministry of Commerce) as well as the Government of Maharashtra. The 70's award related to PVC pipes and fittings, but since 1984 it was our polyester film which took the lead.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+1.22%
1 Week
+1.47%
1 Month
+3.90%
3 Month
+23.04%
6 Month
+129.20%
1 Year
+317.06%
2 Year
+337.98%
5 Year
+631.12%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 8.13 6.63 2.30 3.87 3.47 2.58 2.60 6.13 6.20
Return on Capital Employed (%) 9.41 5.81 6.09 8.26 8.58 5.64 4.94 9.32 9.91
Return on Assets (%) 3.92 3.12 1.00 1.67 1.60 1.72 2.14 5.25 5.29

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 513 597 608 569 585 1,254 1,292 1,372 1,404
Non Curr. Liab. 78 100 102 97 80 -37 84 73 109
Curr. Liab. 252 278 380 376 354 375 134 153 141
Minority Int.
Equity & Liab. 843 975 1,089 1,042 1,020 1,591 1,511 1,599 1,654
Non Curr. Assets 614 688 733 749 743 1,287 1,279 1,299 1,350
Curr. Assets 230 286 357 293 277 304 231 300 304
Misc. Exp. not W/O
Total Assets 843 975 1,089 1,042 1,020 1,591 1,511 1,599 1,654

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 796 778 843 896 857 874 833 948 925
Other Income 14 8 10 27 6 8 5 9 12
Total Income 811 786 853 923 864 882 839 957 937
Total Expenditure -709 -709 -774 -837 -776 -801 -750 -804 -763
PBIDT 102 77 79 87 87 81 89 153 173
Interest -29 -30 -37 -44 -44 -33 -25 -19 -18
Depreciation -42 -39 -34 -15 -17 -14 -14 -14 -20
Taxation -1 15 -4 -9 -10 -11 -17 -38 -49
Exceptional Items 1 6 6
PAT 32 28 10 18 17 22 33 82 86

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 50 48 22 91 101 77 134 141 99
Cash Fr. Inv. -15 -42 -78 -20 -5 -12 -5 -101 -44
Cash Fr. Finan. -5 32 50 -107 -96 -40 -172 -49 -64
Net Change 30 39 -6 -36 0 25 -43 -8 -9
Cash & Cash Eqvt 64 102 96 60 60 84 42 34 25

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 60.72 60.72 60.72 60.72 60.72 60.72 60.72 60.72 60.72
Public 39.28 39.28 39.28 39.28 39.28 39.28 39.28 39.28 39.28
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Fri, 23 Jul 2021
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Pursuant to Regulation 39(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulations 2015 please note that Company has issued Duplicate Share Certificate in lieu of loss of original share certificate to the below mentioned shareholder;

Folio No Name Old Certificate No. New Certificate No. Distinctive No. No. of Shares
00G03368 Girdharilal Mundhara
Ratni Devi Mundhara 53011

103088

164140

269594
345517 4592101 - 4592125
6132726 - 6132735
8625768 - 8625782
14820291 - 14820340
25

10

15

50
Total 100

Request you to take the same on record as required under the provisions of the said regulation.
Fri, 23 Jul 2021
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we wish to inform you that an earnings call will be held on Thursday July 29th 2021 at 04:00 p.m. IST for discussing the Unaudited Financial Results of the Company for the quarter ended June 30 2021.

Dial in and other details of the call are enclosed herewith.

This is for your information and records.
Tue, 20 Jul 2021
Board Meeting Intimation for Notice Of The Board Meeting Scheduled To Be Held On July 29 2021 Under Regulation 29 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 ('SEBI Listing Regulations')
Garware Hi-Tech Films Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/07/2021 inter alia to consider and approve the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter ended June 30 2021 along with Limited Review Report thereon.

Technical Scans View Details

Mon, 26 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Close Within 2 Year High Zone Close Within 2 Year High Zone
Close Within 5 Year High Zone Close Within 5 Year High Zone

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