Garware Hi-Tech Films Reports Record Q1 FY27 Revenue of ₹633 Cr
Garware Hi-Tech Films Limited (GHFL) announced its unaudited financial results for the quarter ended June 30, 2026, reporting a record-breaking quarter. Revenue from operations surged to ₹633 crore, a 28% year-on-year increase, driven by strong momentum in the Architectural and Automotive segments. EBITDA also saw a significant jump of 56% YoY to ₹192 crore, with EBITDA margins expanding by 544 basis points to 30.3%. Profit After Tax (PAT) grew by 60% YoY to ₹133 crore. The company highlighted progress on its new TPU and SCF lines, expected to boost future capacity. Product innovation and expansion of its direct-to-consumer (D2C) network, both domestically and internationally, were also key drivers. The potential anti-dumping duty on Chinese TPU-based PPF imports is anticipated to further enhance GHFL's competitive edge.
Key Highlights
- Record Q1 FY27 revenue of ₹633 crore, up 28% YoY.
- EBITDA increased 56% YoY to ₹192 crore with margins crossing 30%.
- PAT grew 60% YoY to ₹133 crore, marking best-ever profitability.
- New capacity expansion projects on track for FY27 and FY28.
- D2C network expansion and product innovation show encouraging traction.
Price Impact
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