Garware Hi-Tech Key Ratios
NSE: GRWRHITECH | BSE: 500655
₹7,140.00
As on 28-Oct-2026 15:58IST
Market cap
₹16,658 Cr
Revenue (TTM)
₹2,384 Cr
P/E Ratio
39.1
P/B Ratio
5.7
Div. Yield
0.2 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 9.86 | 22.09 | 14.67 | 18.02 | 14.42 |
| EBIT | -1.74 | 43.99 | 33.52 | 37.88 | 18.38 |
| Net Profit | -2.42 | 41.88 | 36.19 | 37.73 | 22.61 |
| EPS | -2.42 | 41.88 | 36.19 | 37.73 | 22.61 |
| Book Value | -- | -- | 11.99 | 12.70 | 11.18 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 16.64 | 16.30 | 20.87 | 18.38 | 18.96 |
| Net Margin
| 14.63 | 13.26 | 17.31 | 15.48 | 15.31 |
| Return on equity
| 13.00 | 11.68 | 15.32 | 13.45 | 15.00 |
| Return on Capital
| 17.23 | 15.65 | -- | 18.08 | 20.48 |
| Return on Assets
| 11.37 | 10.02 | 13.85 | 11.88 | 13.23 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.00 | 0.00 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
--
|
18.08
|
20.48
|
13.90
|
12.07
|
|
Peer Median
|
--
|
12.27
|
12.06
|
13.53
|
--
|
ROE
15.32
Higher than Peers by 5.83
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
15.32
|
13.45
|
15.00
|
10.42
|
9.32
|
|
Peer Median
|
9.49
|
9.40
|
8.91
|
10.80
|
--
|
ROA
13.85
Higher than Peers by 7.57
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
13.85
|
11.88
|
13.23
|
8.96
|
7.64
|
|
Peer Median
|
6.28
|
6.70
|
5.64
|
6.79
|
--
|
EBIT Margin
20.87
Higher than Peers by 12.09
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
20.87
|
18.38
|
18.96
|
14.49
|
13.55
|
|
Peer Median
|
8.78
|
10.75
|
8.43
|
8.97
|
--
|
Net Margin
17.31
Higher than Peers by 10.71
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
17.31
|
15.48
|
15.31
|
11.85
|
11.22
|
|
Peer Median
|
6.61
|
6.68
|
5.96
|
6.62
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
--
|
17.98
|
17.63
|
14.43
|
13.78
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
14.67
Higher than Peers by 8.53
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
14.67
|
0.51
|
25.78
|
16.62
|
10.39
|
|
Peer Median
|
6.14
|
13.23
|
9.42
|
9.36
|
--
|
EBIT Growth
33.52
Higher than Peers by 32.20
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
33.52
|
-2.57
|
64.57
|
24.74
|
-7.19
|
|
Peer Median
|
1.32
|
27.84
|
1.79
|
-1.67
|
--
|
Net Profit Growth
36.19
Higher than Peers by 34.07
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
36.19
|
2.12
|
62.93
|
22.36
|
-0.62
|
|
Peer Median
|
2.12
|
23.18
|
-1.10
|
4.91
|
--
|
EPS Growth
36.19
Higher than Peers by 34.53
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
36.19
|
2.12
|
62.93
|
22.37
|
-0.62
|
|
Peer Median
|
1.65
|
20.31
|
0.15
|
4.91
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
--
|
11.99
|
15.99
|
10.18
|
8.47
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
--
|
--
|
--
|
--
|
0.08
|
|
Peer Median
|
0.02
|
0.20
|
0.16
|
0.08
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
4.54
Higher than Peers by 2.40
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
4.54
|
4.43
|
4.26
|
3.45
|
2.74
|
|
Peer Median
|
2.14
|
1.77
|
2.23
|
2.18
|
--
|
Quick Ratio
3.20
Higher than Peers by 1.66
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
3.20
|
3.10
|
3.01
|
2.14
|
1.90
|
|
Peer Median
|
1.54
|
1.73
|
1.96
|
1.71
|
--
|
Interest Coverage
61.17
Higher than Peers by 51.31
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
61.17
|
55.42
|
51.74
|
23.94
|
13.94
|
|
Peer Median
|
9.86
|
8.98
|
8.85
|
10.17
|
--
|
Operating Efficiency
Debtors to sales
3.00
Lower than Peers by 15.76
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
3.00
|
2.50
|
1.99
|
2.27
|
2.08
|
|
Peer Median
|
18.76
|
19.98
|
18.32
|
17.58
|
--
|
Asset Turnover
0.78
Lower than Peers by 0.02
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
0.78
|
0.75
|
0.84
|
0.74
|
0.66
|
|
Peer Median
|
0.80
|
0.90
|
0.84
|
0.85
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
--
|
8.14
|
6.92
|
7.39
|
8.01
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
--
|
59.80
|
51.75
|
53.09
|
51.85
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
--
|
62.71
|
57.67
|
60.07
|
58.60
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
--
|
5.23
|
1.00
|
0.41
|
1.25
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
39.10
Higher than Peers by 9.53
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
39.10
|
23.24
|
27.61
|
19.96
|
7.32
|
|
Peer Median
|
29.56
|
29.56
|
35.43
|
34.02
|
--
|
Price / Book Value
5.73
Higher than Peers by 3.14
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
5.73
|
2.96
|
3.86
|
1.98
|
0.65
|
|
Peer Median
|
2.59
|
2.71
|
2.26
|
2.74
|
--
|
Dividend Yield
0.17
Lower than Peers by 0.12
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
0.17
|
0.35
|
0.30
|
0.57
|
1.91
|
|
Peer Median
|
0.29
|
0.23
|
0.30
|
0.28
|
--
|
EV/EBITDA
26.34
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
26.34
|
15.42
|
18.21
|
12.29
|
4.83
|
|
Peer Median
|
--
|
25.08
|
23.67
|
19.92
|
--
|
Market Cap
16,658
Higher than Peers by 14,394
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
16,658
|
7,859
|
9,144
|
4,057
|
1,215
|
|
Peer Median
|
2,264
|
1,611
|
920
|
1,568
|
--
|