Garware Technical Fibres Income Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	15,288	15,401	13,256	13,055	11,894
Revenue Growth (YoY)	-0.73%	16.18%	1.54%	9.77%	14.97%
Cost of Revenue	4,539	4,597	3,897	4,400	3,725
Gross Profit	10,749	10,805	9,359	8,656	8,169
Selling, General & Admin	2,368	2,271	2,072	1,813	1,613
Other Operating Expenses	5,545	5,477	4,634	4,667	4,502
Operating Expenses	8,257	8,031	6,965	6,703	6,329
Operating Income	2,492	2,773	2,394	1,953	1,840
Interest Expense	-135.59	-152.96	-119.71	-81.95	-77.68
Interest & Investment Income	-	26.04	46.9	34.52	40.56
Earnings From Equity Investments	2.54	-0.07	0.08	-	0
Currency Exchange Gain (Loss)	-	132.83	65.96	122.12	176.7
Other Non Operating Income (Expenses)	476.89	307.26	332.06	187.19	165.97
EBT Excluding Unusual Items	2,835	3,086	2,720	2,215	2,145
Gain (Loss) on Sale of Investments	-	-	0.55	19.75	20.82
Gain (Loss) on Sale of Assets	-	-1.74	-3.05	-2.82	-2.11
Other Unusual Items	-139	-	-	-	-
Pretax Income	2,696	3,085	2,717	2,232	2,164
Income Tax Expense	709.71	769.1	614.46	509.79	516.33
Earnings From Continuing Operations	1,987	2,315	2,103	1,722	1,648
Minority Interest in Earnings	-	0.07	-0.08	-	-0
Net Income	1,987	2,315	2,103	1,722	1,648
Net Income to Common	1,987	2,315	2,103	1,722	1,648
Net Income Growth	-14.20%	10.12%	22.11%	4.50%	4.03%
Shares Outstanding (Basic)	99	99	100	103	103
Shares Outstanding (Diluted)	99	99	100	103	103
Shares Change (YoY)	-0.01%	-0.49%	-2.91%	-0.30%	-
EPS (Basic)	20.01	23.32	21.07	16.75	15.98
EPS (Diluted)	20.01	23.32	21.07	16.75	15.98
EPS Growth	-14.19%	10.66%	25.76%	4.82%	4.03%
Free Cash Flow	1,057	1,513	1,762	1,605	491.38
Free Cash Flow Per Share	10.64	15.24	17.65	15.62	4.77
Dividend Per Share	9.000	1.500	0.600	0.700	1.400
Dividend Growth	500.00%	150.00%	-14.29%	-50.00%	180.00%
Gross Margin	70.31%	70.15%	70.60%	66.30%	68.68%
Operating Margin	16.30%	18.01%	18.06%	14.96%	15.47%
Profit Margin	13.00%	15.03%	15.86%	13.19%	13.85%
Free Cash Flow Margin	6.91%	9.83%	13.29%	12.29%	4.13%
EBITDA	2,836	3,039	2,635	2,165	2,041
EBITDA Margin	18.55%	19.73%	19.88%	16.59%	17.16%
D&A For EBITDA	344.47	266.33	240.55	212.43	201.12
EBIT	2,492	2,773	2,394	1,953	1,840
EBIT Margin	16.30%	18.01%	18.06%	14.96%	15.47%
Effective Tax Rate	26.32%	24.93%	22.61%	22.84%	23.86%
Revenue as Reported	15,765	15,782	13,688	13,335	12,149
Advertising Expenses	-	74.8	89.36	89.04	65.53

Source: S&P Global Market Intelligence. Standard template. Financial Sources.