Garware Hi-Tech Films

Garware Hi-Tech Films delivered a resilient FY26 with revenue of ₹2,120 croreCurrent reported value: ₹2,120 crore. No comparable prior figure is available in the source record. and EBITDA of ₹500 croreCurrent reported value: ₹500 crore. No comparable prior figure is available in the source record. (23.6% margin), despite 50%Current 50%. Reported change: flat YoY. US tariffs that disrupted H1. Q4 was the strongest quarter ever: revenue ₹597 croreCurrent reported value: ₹597 crore. No comparable prior figure is available in the source record. (+8.9% YoY), EBITDA ₹157 croreCurrent reported value: ₹157 crore. No comparable prior figure is available in the source record. (26.2% margin, +29% YoY), PAT ₹108 croreCurrent reported value: ₹108 crore. No comparable prior figure is available in the source record. (+39% YoY). Growth was driven by sun control films (50% of revenue), PPF (25%), and IPDS (25%), with strong traction in Middle East and D2C channels. Management guided for ₹2,500 croreCurrent reported value: ₹2,500 crore. No comparable prior figure is available in the source record. revenue in FY27 and maintained EBITDA margin guidance of 25% ±2%. Key risks include potential demand slowdown from US auto sales decline and raw material cost inflation, though management expressed confidence in passing through costs.