Garware Hi-Tech Q1 FY27 Revenue Surges 28% YoY to ₹633 Crore, PAT Jumps 60%
Garware Hi-Tech Films reported a record Q1 FY27 with revenue up 28% YoY to ₹633 crore and PAT up 60% YoY to ₹133 crore. EBITDA margin crossed 30%. The company is proceeding with new capacity additions and product innovations, and expanding its direct-to-consumer network.
The announcement details record financial performance, significant growth, successful product launches, expansion of market reach, and progress on capacity expansion, all of which are material events for investors and indicate strong business momentum.
The company reported record revenue and profitability, significant year-on-year growth in key financial metrics like revenue, EBITDA, and PAT, margin expansion, and positive commentary from management regarding future growth and strategic initiatives.
Garware Hi-Tech Films Limited (GHFL) announced its unaudited financial results for the quarter ended June 30, 2026, reporting a record performance with consolidated revenue from operations at ₹633 crore, a significant increase of 28% year-on-year and 6% quarter-on-quarter. The company achieved its best-ever quarter with the highest revenue and profitability in its history.
EBITDA for the quarter stood at ₹192 crore, up 56% YoY and 22% QoQ, with the EBITDA margin expanding by 544 basis points YoY to 30.3%. Profit Before Tax (PBT) grew by 60% YoY to ₹176 crore, and Profit After Tax (PAT) surged by 60% YoY to ₹133 crore, with PAT margin at 21.0%, an increase of 418 bps YoY.
The company is on track with its capital expenditure plans, including the commissioning of a TPU line in Q3 FY27 and a ₹191 crore SCF line expected to commence commercial production in H1 FY28, adding approximately 1,200 LSF of capacity. GHFL also saw encouraging market traction for its recently launched innovative products, including TPU-based UV printable films and PDLC speciality films.
GHFL expanded its Global Application Studios (GAS) footprint with 14 international additions and strengthened its domestic presence to over 250 Garware Application Studios and 9 Global Home Solutions (GHS). The anticipated anti-dumping duty on Chinese TPU-based PPF imports is expected to further enhance GHFL's competitive advantage.
Dr. S. B. Garware, Chairman and Managing Director, highlighted the company's focus on expanding product applications, customer reach, and global position in specialized films. Ms. Monika Garware, Vice Chairperson and Joint Managing Director, noted the strong performance despite geopolitical uncertainties and volatile trade conditions, attributing it to healthy demand, a favorable product mix, and expanded D2C presence.
What to do with a filing like this
Garware Hi-Tech Films Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Garware Hi-Tech Films Limited. Read the original for the full detail.