Garware Hi-Tech Films Q2 FY27 Revenue Hits Record ₹696 Cr

Garware Hi-Tech Films Limited (GHFL) announced its unaudited financial results for the quarter and half year ended September 30, 2026. The company reported a record revenue from operations of ₹696 crore for Q2 FY27, a 22% year-on-year increase. EBITDA grew by 42% YoY to ₹189 crore, with the EBITDA margin expanding to 27.2%. Profit After Tax (PAT) also saw a significant increase of 42% YoY to ₹129 crore. For the half year ended September 30, 2026, revenue was ₹1329 crore (up 25% YoY) and PAT was ₹262 crore (up 50% YoY). GHFL raised its FY27 EBITDA guidance by 200 basis points to 27% ±2% and reaffirmed its revenue target of ₹2,500+ crore. The company also highlighted strategic developments including the upcoming commissioning of a TPU line in Q3 FY27 and an SCF line in H1 FY28, a strategic MoU with Lubrizol for advanced TPU-based film solutions, and the launch of a switchable privacy film facility. Global expansion included opening two new Global Application Studios in the USA.