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  3. Tech Films Reports Audited Financial Results for Quarter and Year Ended March 31, 2026
ipo services in India
India IPO
  • 07 May 2026
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 Tech Films Reports Audited Financial Results for Quarter and Year Ended March 31, 2026

Garware Hi-Tech Films Limited has published its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, approved by the Board of Directors on May 6, 2026. Standalone total income from operations for FY26 stood at ₹2,044.15 crores, with net profit after tax at ₹334.73 crores, while consolidated total income from operations was ₹2,184.95 crores with net profit after tax at ₹338.23 crores. The Board has recommended a final dividend of ₹12 per equity share of ₹10 each for FY26, subject to shareholder approval. The company operates solely in the Polyester Films segment and the results were published in The Economic Times, Maharashtra Times, and Sanjay Warta.

Tech Films Reports Audited Financial Results for Quarter and Year Ended March 31, 2026

Garware Hi-Tech Films Limited has released its audited standalone and consolidated financial results for the quarter and full year ended March 31, 2026. The results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on May 6, 2026, in compliance with Indian Accounting Standards (Ind AS) under Section 133 of the Companies Act, 2013, read with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Standalone Financial Performance

The company's standalone financials reflect the following key metrics for the quarter and year ended March 31, 2026, compared to prior periods (₹ in Crores):

Particulars: Q4 FY26 (31.03.2026) Audited* Q3 FY26 (31.12.2025) Unaudited Q4 FY25 (31.03.2025) Audited* FY26 (31.03.2026) Audited FY25 (31.03.2025) Audited FY24 (31.03.2024) Audited Total Income from Operations 554.61 468.13 531.09 2,044.15 2,071.64 — Net Profit/(Loss) before Tax & Exceptional Items 132.95 70.44 103.10 434.41 447.51 — Net Profit/(Loss) before Tax (after Exceptional Items) 132.95 70.44 103.10 434.41 447.51 — Net Profit/(Loss) after Tax & Exceptional Items 100.14 53.48 73.63 334.73 338.92 — Total Comprehensive Income 91.09 46.86 62.73 303.60 355.66 — Equity Share Capital 23.23 23.23 23.23 23.23 23.23 — Reserves (excl. Revaluation Reserve) — — — 2,563.52 2,287.80 — Basic EPS (₹, not annualised) 43.10 23.02 31.69 144.08 145.88 — Diluted EPS (₹, not annualised) 43.10 23.02 31.69 144.08 145.88 —

Figures for Q4 FY26 and Q4 FY25 are balancing figures between audited full-year numbers and published unaudited year-to-date figures up to Q3.

Consolidated Financial Performance

The consolidated results, which include the performance of subsidiaries and associates, are presented below for the same periods (₹ in Crores):

Particulars: Q4 FY26 (31.03.2026) Audited* Q3 FY26 (31.12.2025) Unaudited Q4 FY25 (31.03.2025) Audited* FY26 (31.03.2026) Audited FY25 (31.03.2025) Audited FY24 (31.03.2024) Audited Total Income from Operations 617.82 475.21 564.86 2,184.95 2,163.76 — Net Profit/(Loss) before Tax & Exceptional Items 142.39 73.11 108.83 446.22 445.48 — Net Profit/(Loss) before Tax (after Exceptional Items) 142.39 73.11 108.83 446.22 445.48 — Net Profit/(Loss) after Tax & Exceptional Items 108.21 55.77 77.80 338.23 331.22 — Total Comprehensive Income 100.29 49.35 67.81 312.25 350.22 — Equity Share Capital 23.23 23.23 23.23 23.23 23.23 — Reserves (excl. Revaluation Reserve) — — — 2,632.93 2,348.56 — Basic EPS (₹, not annualised) 46.58 24.01 33.49 145.59 142.57 — Diluted EPS (₹, not annualised) 46.58 24.01 33.49 145.59 142.57 —

Dividend and Operational Highlights

The Board of Directors has recommended a final dividend of ₹12 per equity share of ₹10 each for the financial year 2025-26, subject to approval by members at the ensuing Annual General Meeting. Key operational and compliance notes include:

The company operates in a single reportable segment — Polyester Films — in accordance with Ind AS 108 on Operating Segments.

Results have been prepared in accordance with Indian Accounting Standards (Ind AS) under Section 133 of the Companies Act, 2013.

The full format of financial results is available on the websites of BSE ( www.bseindia.com ), NSE ( www.nseindia.com ), and the company's own website ( www.garwarehitechfilms.com ).

The results were signed off by Dr. Shashikant B. Garware, Chairman and Managing Director, at Mumbai on May 6, 2026.

The newspaper publication of these results was carried out in The Economic Times (English), Maharashtra Times (Marathi), and Sanjay Warta (Marathi), pursuant to Regulation 30 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Garware Hi-Tech Films Limited has re-appointed M/s Deloitte Touche Tohmatsu India LLP (LLP Identification No. AAE-8458) as its Internal Auditor for the financial year 2026-27. The decision was approved by the Board of Directors at its meeting held on May 06, 2026, acting on the recommendation of the Audit Committee. The development was disclosed to the stock exchanges pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Re-appointment Details

The following key details of the re-appointment have been disclosed as required under the SEBI Listing Regulations:

Parameter: Details Auditor Name: M/s Deloitte Touche Tohmatsu India LLP LLP Identification No.: AAE-8458 Nature of Change: Re-appointment Date of Re-appointment: May 06, 2026 Term: Financial Year 2026-27 Recommended by: Audit Committee Approved by: Board of Directors

Profile of the Internal Auditor

M/s Deloitte Touche Tohmatsu India LLP (DTTILLP) is a member firm of Deloitte Touche Tohmatsu Limited and is a professional services firm offering a wide range of consulting and advisory services. Its service offerings include:

Risk Advisory

Consulting

Financial Advisory

Tax

Audit & Assurance Services

DTTILLP maintains a presence through 13 offices across India and has over 26,000 professionals. The firm operates in over 150 countries, with offices in major cities worldwide. It serves many leading corporates in India and globally across sectors including Consumer, Financial Services, Technology, Media & Telecommunications, Life Sciences & Healthcare, Energy, Resources & Industrial, and Government & Public Services.

Regulatory Compliance

The disclosure was made in accordance with Regulation 30 of the SEBI Listing Regulations, read with the Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, and Para A of Part A of Schedule III of the SEBI Listing Regulations. The filing was submitted to both BSE Limited and the National Stock Exchange of India Limited. The disclosure was signed by Awaneesh Srivastava, Company Secretary (FCS 8513), on behalf of Garware Hi-Tech Films Limited.

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