Garware Hi-Tech Key Ratios
NSE: GRWRHITECH | BSE: 500655
₹7,106.00
As on 27-Aug-2026 11:24IST
Market cap
₹16,611 Cr
Revenue (TTM)
₹2,258 Cr
P/E Ratio
42.8
P/B Ratio
6
Div. Yield
0.2 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 6.10 | 27.90 | 6.02 | 15.97 | 14.95 |
| EBIT | 28.95 | 60.80 | 15.14 | 32.39 | 15.07 |
| Net Profit | 22.59 | 59.78 | 19.02 | 32.89 | 21.22 |
| EPS | 22.59 | 59.78 | 19.02 | 32.89 | 21.22 |
| Book Value | -- | -- | 15.99 | 11.51 | 11.06 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-25 | Mar-24 |
| EBIT-Margin
| 15.10 | 16.54 | 19.92 | 18.96 | 14.49 |
| Net Margin
| 12.82 | 12.67 | 16.65 | 15.31 | 11.85 |
| Return on equity
| 11.26 | 10.69 | 15.03 | 15.00 | 10.42 |
| Return on Capital
| 14.85 | 14.57 | -- | 20.41 | 13.83 |
| Return on Assets
| 9.65 | 9.07 | 13.63 | 13.23 | 8.96 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.01 | 0.01 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
--
|
20.41
|
13.83
|
12.07
|
13.74
|
|
Peer Median
|
--
|
12.06
|
13.53
|
--
|
21.96
|
ROE
15.03
Higher than Peers by 5.55
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
15.03
|
15.00
|
10.42
|
9.32
|
10.21
|
|
Peer Median
|
9.48
|
8.91
|
10.80
|
--
|
16.28
|
ROA
13.63
Higher than Peers by 7.38
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
13.63
|
13.23
|
8.96
|
7.64
|
8.36
|
|
Peer Median
|
6.24
|
5.64
|
6.79
|
--
|
12.29
|
EBIT Margin
19.92
Higher than Peers by 11.05
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
19.92
|
18.96
|
14.49
|
13.55
|
16.11
|
|
Peer Median
|
8.87
|
8.43
|
8.97
|
--
|
11.95
|
Net Margin
16.65
Higher than Peers by 10.10
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
16.65
|
15.31
|
11.85
|
11.22
|
12.46
|
|
Peer Median
|
6.55
|
5.96
|
6.62
|
--
|
9.57
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
--
|
17.63
|
14.43
|
13.78
|
14.98
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
6.02
Lower than Peers by 0.06
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
6.02
|
25.78
|
16.62
|
10.39
|
31.71
|
|
Peer Median
|
6.09
|
9.42
|
9.36
|
--
|
29.50
|
EBIT Growth
15.14
Higher than Peers by 14.19
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
15.14
|
64.57
|
24.74
|
-7.19
|
8.16
|
|
Peer Median
|
0.94
|
1.79
|
-1.67
|
--
|
8.94
|
Net Profit Growth
19.02
Higher than Peers by 16.90
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
19.02
|
62.93
|
22.36
|
-0.62
|
32.73
|
|
Peer Median
|
2.12
|
-1.10
|
4.91
|
--
|
13.50
|
EPS Growth
19.02
Higher than Peers by 17.14
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
19.02
|
62.93
|
22.37
|
-0.62
|
32.73
|
|
Peer Median
|
1.88
|
0.15
|
4.91
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
--
|
15.99
|
10.18
|
8.47
|
9.42
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
--
|
0.01
|
0.01
|
0.08
|
0.12
|
|
Peer Median
|
0.03
|
0.16
|
0.08
|
--
|
0.13
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
4.43
Higher than Peers by 2.36
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
4.43
|
4.26
|
3.45
|
2.74
|
2.29
|
|
Peer Median
|
2.07
|
2.23
|
2.18
|
--
|
1.93
|
Quick Ratio
3.10
Higher than Peers by 1.65
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
3.10
|
3.01
|
2.14
|
1.90
|
1.48
|
|
Peer Median
|
1.45
|
1.96
|
1.71
|
--
|
1.31
|
Interest Coverage
60.58
Higher than Peers by 51.73
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
60.58
|
51.74
|
23.94
|
13.94
|
13.66
|
|
Peer Median
|
8.85
|
8.85
|
10.17
|
--
|
14.41
|
Operating Efficiency
Debtors to sales
2.35
Lower than Peers by 16.26
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
2.35
|
1.99
|
2.27
|
2.08
|
2.55
|
|
Peer Median
|
18.61
|
18.32
|
17.58
|
--
|
17.99
|
Asset Turnover
0.79
Lower than Peers by 0.00
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
0.79
|
0.84
|
0.74
|
0.66
|
0.65
|
|
Peer Median
|
0.80
|
0.84
|
0.85
|
--
|
1.11
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
--
|
6.92
|
7.39
|
8.01
|
10.54
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
--
|
51.75
|
53.09
|
51.85
|
46.82
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
--
|
57.67
|
60.07
|
58.60
|
67.65
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
--
|
1.00
|
0.41
|
1.25
|
-10.30
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
42.83
Higher than Peers by 5.76
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
42.83
|
27.61
|
19.96
|
7.32
|
9.69
|
|
Peer Median
|
37.07
|
35.43
|
34.02
|
--
|
27.79
|
Price / Book Value
5.96
Higher than Peers by 3.26
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
5.96
|
3.86
|
1.98
|
0.65
|
0.95
|
|
Peer Median
|
2.70
|
2.26
|
2.74
|
--
|
3.55
|
Dividend Yield
0.17
Lower than Peers by 0.09
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
0.17
|
0.30
|
0.57
|
1.91
|
1.43
|
|
Peer Median
|
0.26
|
0.30
|
0.28
|
--
|
0.36
|
EV/EBITDA
28.96
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
28.96
|
18.24
|
12.35
|
4.83
|
6.17
|
|
Peer Median
|
--
|
23.67
|
19.92
|
--
|
19.44
|
Market Cap
16,611
Higher than Peers by 13,863
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Garware Hi-Tech
|
16,611
|
9,144
|
4,057
|
1,215
|
1,620
|
|
Peer Median
|
2,748
|
920
|
1,568
|
--
|
1,526
|