Garware Hi-Tech Films 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
Operating Revenue	21,201	21,094	16,770	14,380	13,026
Other Revenue	648.4	-	-	-	-
Revenue	21,850	21,094	16,770	14,380	13,026
Revenue Growth (YoY)	3.58%	25.78%	16.62%	10.39%	31.71%
Cost of Revenue	10,855	9,937	8,184	6,841	5,455
Gross Profit	10,994	11,157	8,586	7,539	7,571
Selling, General & Admin	1,945	1,791	1,429	1,225	1,244
Other Operating Expenses	4,054	4,951	4,329	3,969	3,943
Operating Expenses	6,450	7,154	6,148	5,518	5,469
Operating Income	4,544	4,003	2,438	2,021	2,101
Interest Expense	-82	-28.1	-80.7	-125.37	-133.81
Interest & Investment Income	-	24.5	21.5	20.34	5.53
Currency Exchange Gain (Loss)	-	192.1	150.4	170.53	148.2
Other Non Operating Income (Expenses)	-	-58.2	-35.8	-43.47	-47.65
EBT Excluding Unusual Items	4,462	4,133	2,493	2,043	2,074
Gain (Loss) on Sale of Investments	-	315.1	199.2	114.69	80.63
Gain (Loss) on Sale of Assets	-	-	-	36.2	148.5
Pretax Income	4,462	4,455	2,703	2,199	2,311
Income Tax Expense	1,080	1,143	669.6	538.07	638.81
Net Income	3,382	3,312	2,033	1,661	1,672
Net Income to Common	3,382	3,312	2,033	1,661	1,672
Net Income Growth	2.12%	62.93%	22.36%	-0.62%	32.73%
Shares Outstanding (Basic)	23	23	23	23	23
Shares Outstanding (Diluted)	23	23	23	23	23
Shares Change (YoY)	-0.00%	-	-	-	-
EPS (Basic)	145.59	142.57	87.50	71.51	71.96
EPS (Diluted)	145.59	142.57	87.50	71.51	71.96
EPS Growth	2.12%	62.93%	22.36%	-0.62%	32.73%
Free Cash Flow	1,139	2,711	1,553	1,475	460.69
Free Cash Flow Per Share	49.04	116.70	66.84	63.49	19.83
Dividend Per Share	-	12.000	10.000	10.000	10.000
Dividend Growth	-	20.00%	-	-	-
Gross Margin	50.32%	52.89%	51.20%	52.43%	58.12%
Operating Margin	20.80%	18.98%	14.54%	14.06%	16.13%
Profit Margin	15.48%	15.70%	12.12%	11.55%	12.83%
Free Cash Flow Margin	5.21%	12.85%	9.26%	10.26%	3.54%
EBITDA	4,996	4,338	2,753	2,270	2,317
EBITDA Margin	22.86%	20.57%	16.41%	15.78%	17.79%
D&A For EBITDA	451.3	335.7	314.7	248.66	215.72
EBIT	4,544	4,003	2,438	2,021	2,101
EBIT Margin	20.80%	18.98%	14.54%	14.06%	16.13%
Effective Tax Rate	24.20%	25.65%	24.78%	24.46%	27.65%
Revenue as Reported	21,850	21,638	17,161	14,802	13,421
Advertising Expenses	-	9	2.2	6.18	15.82

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