Garware Hi Tech Films Ltd

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NSEBSE

1898.55-23.25 (-1.21%)

03:47 PM,28th Feb 2024

1890.00-6.95 (-0.37%)

03:40 PM,28th Feb 2024

BSE : 500655

NSE : GRWRHITECH

Sector : Industrials

ISIN Code : INE291A01017

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Last Updated: Feb 28 2024 | 03:40 PM IST

Market Cap (₹ Cr)

4410

Turnover (₹ Cr)

0.90

Volume (Shares)

47412

Face Value

10

52-WK High

2200.00

52-WK High Date

21 Feb 2024

52-WK Low

491.35

52-WK Low Date

28 Mar 2023

All Time High

2200.00

All Time High Date

21 Feb 2024

All Time Low

2.10

All Time Low Date

17 Sep 2001

Garware Hi Tech Films Ltd

Garware Hi Tech Films Ltd (Formerly known Garware Polyester Limited) was incorporated in June 1957. The company is a leading manufacturer of polyester film in the country. Presently it is engaged in manufacturing of specialty performance polyester Films like Sun Control window films used in Automobiles Buildings etc Paint Protection Films used in Automobiles and a variety of other specialty polyester films such as PET Shrink films used for Label applications Low Oligomer PET films used for insulation of hermetically sealed compressors motors Electric motor insulation and cable insulation sequin application films TV and LCD screen application Packaging applications etc.Prior to these the Company was primarily manufacturing moulds and dyes for the plastic manufacturers. In 1976 another group company Garware Plastics was merged with it and the name of the company was changed to Garware Plastics and Polyesters. Later on the company acquired its present name and became a part of the Garware Group. Apart from polyester films the company has diversified into video magnetic tapes computer tapes audio magnetic tapes U-matic video cassettes and value-added products like sun-control films. GPL's exports comprised mainly of polyester film and film-based products to Western Europe the US South Korea Australia and New Zealand. In 1994-95 Garware Photo and Polyester Films which manufactures plastic products ceased to be a subsidiary of the company. The company has formed Garware Chemicals Pvt Ltd a new company to implement a project for the manufacture of di-methyl terephthalate (DMT) the main raw material for the manufacture of polyester films.Garware Polyester International and Global Pet Films Inc are the subsidiaries of the company. The company's subsidiary Garware Chemicals Limited implemented DMT project with 60000 MT per annum capacity. The production was commenced in the early part of 1999-2000. The company opened warehousing and marketing outfit in Miami(USA) and UK.During 2007-08 the Company implemented ERP (Kamat Soft) project for better business integration hosted own centralized e-mail server launched informative web site installed CCTV for better security control installed high speed connectivity for all plant locations for voice and data.During 2011-12 Garware Chemicals Limited (GCL) was amalgamated with the Company and through the said Scheme 254764 equity shares of Rs. 10/- each as fully paid up were allotted to the members of GCL resulting this the paid-up equity share capital of the Company was increased.During 2018-19 the Company introduced many Coated Products Co Extruded Products PETG Shrink Films for label applications with Low Medium and High Shrink Force. High heat rejection films were also introduced in International Market. It introduced Paint Protection Film (PPF) for automobile application.During 2019-20 the Company upgraded and modified PET film manufacturing lines to provide versatility for manufacturing specialty PET films. It launched the Surface Protection Film. The Company was renamed from `Garware Polyester Limited' to `Garware Hi-Tech Films Limited' effective on April 20 2021.During FY 2022-23 the Company commissioned production of Laminated Sun Control Film.

Garware Hi Tech Films Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

4410

EPS - TTM (₹) [S]

64.36

P/E Ratio (X) [S]

2.36

Face Value (₹) 10
Latest Dividend (%)100.00
Latest Dividend Date 20 Sep 2023
Dividend Yield (%) 0.52
Book Value Share (₹) [S]803.37
P/B Ratio (₹) [S]2.36
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)
Quant Small Cap Fund - (G) 91.16 537855 0.58
Quant Small Cap Fund - (IDCW) 91.16 537855 0.58
Quant Small Cap Fund - Direct (G) 91.16 537855 0.58
Quant Small Cap Fund - Direct (IDCW) 91.16 537855 0.58
LIC MF Large & Mid Cap Fund - Regular (G) 23.29 137404 0.91
LIC MF Large & Mid Cap Fund - Direct (G) 23.29 137404 0.91
LIC MF Multi Cap Fund - Regular (G) 13.74 81051 1.57
LIC MF Multi Cap Fund - Direct (G) 13.74 81051 1.57
LIC MF Small Cap Fund - Regular (G) 10.47 61751 5.01
LIC MF Small Cap Fund - Direct (G) 10.47 61751 5.01

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Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

1861.80

1958.80

Week Low/High

1861.80

2200.00

Month Low/High

1540.30

2200.00

Year Low/High

491.35

2200.00

All time Low/High

2.80

2200.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-6.01%-6.09%-0.44-0.47%
1 Month15.01%14.91%2.272.80%
3 Month31.96%31.32%9.2610.36%
6 Month67.00%66.96%11.2413.70%
1 Year209.49%209.13%22.6326.86%
3 Year205.53%%47.2651.08%

Company Info

Company Information

Chairman & Managing Director : S B Garware

Vice Chairperson & Joint MD : Monika Garware Modi

ED / Joint MD / Promoter : Sarita Garware

Non Executive Director : Sonia Garware

E D & Wholetime Director : Uday Vasantrao Joshi

Independent Non Exe. Director : M C Agarwal

Independent Non Exe. Director : Ramesh P Makhija

Independent Non Exe. Director : Tushar M Parikh

Independent Non Exe. Director : Nilesh R Doshi

Independent Non Exe. Director : Vivekanand Heroor Kamath

Independent Non Executive Wome : Devanshi H Nanavati

E D & Wholetime Director : M S Adsul

Registered Office: Naigaon, Post Waluj,Aurangabad (Maharashtra),Maharashtra-431133 Ph: 91-0240-2554427

Email:vsv@garwarepoly.com

URL:http://www.garwarepoly.com