Garware Hi-Tech Films Limited (BOM:500655)

Garware Hi-Tech Films Cash Flow Statement

Financials in millions INR. Fiscal year is April - March.

Operating Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Net Income	4,261	3,382	3,312	2,033	1,661	1,672
Depreciation & Amortization	492.2	447.4	407.2	385	318.07	275.31
Other Amortization	3.9	3.9	5.1	5.2	6.01	6.59
Loss (Gain) From Sale of Assets	35.1	36.6	-	1.3	-36.2	-148.5
Loss (Gain) From Sale of Investments	-431.9	-349.4	-331.2	-194.2	-113.78	-83.46
Other Operating Activities	228.8	184.6	145.1	121.2	222.74	381.52
Change in Accounts Receivable	-377.9	-42.5	-59.3	-60.4	17.69	96.38
Change in Inventory	-1,414	-798.9	-196.1	-909	114.81	-862.2
Change in Accounts Payable	334.3	325.6	-115.3	569	-61.58	235.74
Change in Other Net Operating Assets	-55.1	-436.3	129.5	-229.9	50.43	149.32
Operating Cash Flow	3,076	2,753	3,297	1,721	2,180	1,722
Operating Cash Flow Growth	7.25%	-16.50%	91.57%	-21.04%	26.54%	-13.56%

Investing Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Capital Expenditures	-1,017	-1,614	-586	-168.3	-704.6	-1,262
Sale of Property, Plant & Equipment	9.1	-	44	8.6	41.06	175.06
Investment in Securities	-839.3	-506.4	-2,228	607.3	-1,052	-331.56
Other Investing Activities	53.9	38.9	24.5	21.6	20.34	5.53
Investing Cash Flow	-1,793	-2,082	-2,745	469.2	-1,695	-1,413

Financing Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Long-Term Debt Issued	-	-	-	63.2	244.59	914.97
Total Debt Issued	-	-	-	63.2	244.59	914.97
Long-Term Debt Repaid	-	-58.2	-161.3	-1,500	-726.53	-425.66
Lease Payments	-60.5	-58.2	-161.3	-76.6	-72.24	-72.98
Total Debt Repaid	-60.5	-58.2	-161.3	-1,500	-726.53	-425.66
Net Debt Issued (Repaid)	-60.5	-58.2	-161.3	-1,437	-481.95	489.3
Common Dividends Paid	-280.1	-280.3	-235.3	-232.3	-236.58	-235.26
Other Financing Activities	-67.9	-257	-123.9	-24.3	-175.34	-195.99
Financing Cash Flow	-408.5	-595.5	-520.5	-1,694	-893.86	58.06

Net Cash Flow

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Foreign Exchange Rate Adjustments	105.2	84.1	-9.8	-13.5	16.11	-
Net Cash Flow	980.2	160.3	21.9	483.2	-393.21	367.78

Free Cash Flow

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Free Cash Flow	2,060	1,139	2,711	1,553	1,475	460.69
Free Cash Flow Growth	30.14%	-57.98%	74.60%	5.27%	220.18%	-65.99%
Free Cash Flow Margin	8.64%	5.37%	12.85%	9.26%	10.26%	3.54%
Free Cash Flow Per Share	88.66	49.03	116.70	66.84	63.49	19.83
Levered Free Cash Flow	1,502	359.53	2,305	1,048	800.39	-108.11
Unlevered Free Cash Flow	1,520	369.84	2,323	1,098	878.75	-24.48
Free Cash Flow After Leases	1,999	1,081	2,550	1,476	1,403	387.71

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash Interest Paid	28.4	16.5	28.1	63.9	125.37	133.81
Cash Income Tax Paid	1,112	839.2	1,108	640.1	468.42	421.86
Change in Working Capital	-1,512	-952.1	-241.2	-630.3	121.35	-380.76

Data Source: S&P Global Market Intelligence Last updated: Oct 22, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 3, 2026

Data Sources Report a data error