Garware Technical Fibres Limited (BOM:509557)

Garware Technical Fibres Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	14,984	15,401	13,256	13,055	11,894	10,346
Revenue Growth (YoY)	4.89%	16.18%	1.54%	9.77%	14.97%	8.55%
Cost of Revenue	4,664	4,597	3,897	4,400	3,725	3,149
Gross Profit	10,319	10,805	9,359	8,656	8,169	7,197
Selling, General & Admin	2,402	2,271	2,072	1,813	1,613	1,610
Other Operating Expenses	5,254	5,477	4,634	4,667	4,502	3,651
Operating Expenses	7,962	8,031	6,965	6,703	6,329	5,467
Operating Income	2,357	2,773	2,394	1,953	1,840	1,729
Interest Expense	-93.51	-152.96	-119.71	-81.95	-77.68	-75.73
Interest & Investment Income	26.04	26.04	46.9	34.52	40.56	89.73
Earnings From Equity Investments	0.43	-0.07	0.08	-	0	-0.01
Currency Exchange Gain (Loss)	132.83	132.83	65.96	122.12	176.7	107.79
Other Non Operating Income (Expenses)	326.74	307.26	332.06	187.19	165.97	183.87
EBT Excluding Unusual Items	2,750	3,086	2,720	2,215	2,145	2,035
Gain (Loss) on Sale of Investments	-	-	0.55	19.75	20.82	45.54
Gain (Loss) on Sale of Assets	-1.74	-1.74	-3.05	-2.82	-2.11	0.13
Pretax Income	2,748	3,085	2,717	2,232	2,164	2,081
Income Tax Expense	708.64	769.1	614.46	509.79	516.33	496.71
Earnings From Continuing Operations	2,039	2,315	2,103	1,722	1,648	1,584
Minority Interest in Earnings	-0.43	0.07	-0.08	-	-0	0.01
Net Income	2,039	2,315	2,103	1,722	1,648	1,584
Net Income to Common	2,039	2,315	2,103	1,722	1,648	1,584
Net Income Growth	-9.56%	10.12%	22.11%	4.50%	4.03%	12.71%
Shares Outstanding (Basic)	99	99	100	103	103	103
Shares Outstanding (Diluted)	99	99	100	103	103	103
Shares Change (YoY)	-1.47%	-0.49%	-2.91%	-0.30%	-	-5.78%
EPS (Basic)	20.54	23.32	21.07	16.75	15.98	15.36
EPS (Diluted)	20.54	23.32	21.07	16.75	15.98	15.36
EPS Growth	-8.21%	10.66%	25.76%	4.82%	4.03%	19.62%
Free Cash Flow	1,347	1,513	1,762	1,605	491.38	2,045
Free Cash Flow Per Share	13.56	15.24	17.65	15.62	4.77	19.84
Dividend Per Share	-	1.500	0.600	0.700	1.400	0.500
Dividend Growth	-	150.00%	-14.29%	-50.00%	180.00%	-64.29%
Gross Margin	68.87%	70.15%	70.60%	66.30%	68.68%	69.56%
Operating Margin	15.73%	18.01%	18.06%	14.96%	15.47%	16.72%
Profit Margin	13.61%	15.03%	15.86%	13.19%	13.85%	15.31%
Free Cash Flow Margin	8.99%	9.83%	13.29%	12.29%	4.13%	19.77%
EBITDA	2,646	3,039	2,635	2,165	2,041	1,922
EBITDA Margin	17.66%	19.73%	19.88%	16.59%	17.16%	18.57%
D&A For EBITDA	289.14	266.33	240.55	212.43	201.12	192.34
EBIT	2,357	2,773	2,394	1,953	1,840	1,729
EBIT Margin	15.73%	18.01%	18.06%	14.96%	15.47%	16.72%
Effective Tax Rate	25.79%	24.93%	22.61%	22.84%	23.86%	23.87%
Revenue as Reported	15,384	15,782	13,688	13,335	12,149	10,692
Advertising Expenses	-	74.8	89.36	89.04	65.53	35.37

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.