Quarterly Result31 Jan 2026, 04:16 pm
Garware Hi-Tech Films Delivers Resilient Q3FY26 Performance Amid Global Volatility
AI Summary
Garware Hi-Tech Films Limited (GHFL), a global manufacturer of Solar Control Films, Paint Protection Films and other Specialty Polyester Films, announced its unaudited financial results for the quarter and nine months ended December 31, 2025. Despite a 1.6% YoY decline in revenue due to global trade conditions and a 19.5% QoQ decline due to the seasonally strong base of Q2, GHFL reported a resilient performance with an EBITDA of Rs 86.7 crores and a PAT of Rs 55.8 crores. The company also announced plans to establish a wholly owned subsidiary in UAE and launched Garware Home Solutions, a high-margin D2C business, to strengthen its domestic presence in architectural films.
Key Highlights
- Revenue for Q3FY26 stood at Rs 458.7 crore, down 1.6% YoY but up 1.9% QoQ.
- EBITDA for Q3FY26 was Rs 86.7 crores, down 7.4% YoY but up 18.9% QoQ.
- PAT for Q3FY26 was Rs 55.8 crores, down 8.3% YoY but up 12.2% QoQ.
- Plans to establish a wholly owned subsidiary in UAE to strengthen export footprint.
- Launched Garware Home Solutions, a high-margin D2C business, to strengthen domestic presence in architectural films.