Garware Hi-Tech Peer Comparison

NSE: GRWRHITECH | BSE: 500655

₹7,119.00

₹102.50 (1.46%)

As on 30-Sep-2026 10:19IST

Market cap

₹16,279 Cr

Revenue (TTM)

₹2,258 Cr

P/E Ratio

P/B Ratio

5.8

Div. Yield

0.2 %

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	Garware Hi-Tech	Aether	Deepak Nitrite	Aarti	Fine Organic
Market cap (₹ Cr)	16,279	23,249	20,783	17,101	15,721
Revenue (₹ Cr)	2,258	1,224	8,575	9,013	2,472
Net Profit (₹ Cr)	387.86	235.19	783.41	531.00	442.47
Net Margin (%)	16.65	18.79	9.08	5.88	17.20
RoE (%)	15.03	10.03	13.96	8.95	17.04
Price to Earnings	41.97	98.85	26.53	32.21	35.88
Price-To-Book	5.84	9.24	3.36	2.81	5.61

Income Statement (₹ Cr)

	Garware Hi-Tech	Aether	Deepak Nitrite	Aarti	Fine Organic
Operating Revenue	2,258.20	1,223.90	8,574.79	9,013.00	2,471.58
Total Income	2,329.38	1,251.61	8,624.11	9,023.00	2,572.69
Total Expenditure	1,761.06	839.85	7,243.44	7,681.00	1,936.26
EBITDA	497.14	384.05	1,331.35	1,332.00	535.32
Depreciation	47.37	73.63	237.05	484.00	58.44
EBIT	449.77	310.42	1,094.30	848.00	476.88
Interest	8.60	18.87	60.80	364.00	4.50
Other Income	71.18	27.71	49.32	10.00	101.11
Exceptional Items	0.00	-6.34	-12.84	8.00	0.00
Profit before Tax	512.35	312.91	1,069.98	502.00	573.49
Provision for Tax	124.49	77.72	286.57	-29.00	131.02
Profit after Tax	387.86	235.19	783.41	531.00	442.47

	Garware Hi-Tech	Aether	Deepak Nitrite	Aarti	Fine Organic
Shareholder's Funds	2,656.16	2,455.89	5,836.83	5,955.00	2,664.52
Minority Interest	0.00	0.00	-0.15	0.00	0.00
Non-Current Liabilities	62.64	88.20	1,532.66	2,306.00	60.92
Current Liabilities	292.39	657.34	1,278.74	5,038.00	273.37
Total Liabilities	3,010.24	3,201.43	8,653.35	13,300.23	2,998.81

	Garware Hi-Tech	Aether	Deepak Nitrite	Aarti	Fine Organic
Non-Current Assets	1,684.25	1,754.09	5,145.91	8,995.00	503.53
Current Assets	1,295.48	1,171.47	3,069.38	4,187.00	2,320.20
Total Assets	3,010.24	3,201.43	8,653.35	13,300.23	2,998.81
Total Debt*	0.00	441.66	1,527.82	4,921.00	44.80
Net Current Assets	1,003.09	514.14	1,790.64	-851.00	2,046.82
Contingent Liabilities	150.14	18.84	0.53	603.03	8.86

	Garware Hi-Tech	Aether	Deepak Nitrite	Aarti	Fine Organic
Cash From Operating Activities	275.33	142.38	538.95	780.80	429.60
Cash Flow from Investing Activities	-208.16	-619.38	-668.65	-1,142.10	-409.19
Cash from Financing Activities	-59.55	243.86	193.35	744.64	-0.22
Net Cash Inflow / Outflow	7.62	-233.14	63.65	383.34	20.20

	Garware Hi-Tech	Aether	Deepak Nitrite	Aarti	Fine Organic
ROCE (%)	18.08	11.65	11.58	6.95	21.86
ROE (%)	15.03	10.03	13.96	8.95	17.04
ROA (%)	13.63	8.05	9.55	4.35	16.06
EBIT Margin (%)	19.92	25.36	12.76	9.41	19.29
Net Margin (%)	16.65	18.79	9.08	5.88	17.20
Cash Profit Margin (%)	0.00	0.00	0.00	0.00	0.00

	Garware Hi-Tech	Aether	Deepak Nitrite	Aarti	Fine Organic
Revenue Growth (%)	6.02	33.72	7.12	27.03	7.10
EBIT Growth (%)	15.14	34.90	41.57	85.15	7.32
Net Profit Growth (%)	19.02	34.01	29.05	124.05	6.52
EPS Growth (%)	19.02	30.29	30.59	123.11	7.07
Book Value Growth (%)	11.99	10.33	8.32	6.17	16.09

	Garware Hi-Tech	Aether	Deepak Nitrite	Aarti	Fine Organic
Price / Earnings	41.97	96.84	26.22	32.74	35.88
Price / Book Value	5.84	9.24	3.36	2.81	5.61
Dividend Yield (%)	0.17	0.00	0.49	0.21	0.21
EV/EBITDA	31.19	61.67	16.41	16.08	26.74
Market Cap (₹ Cr)	7,859.25	14,525.20	17,560.56	14,462.56	12,102.95

	Garware Hi-Tech	Aether	Deepak Nitrite	Aarti	Fine Organic
Debt to Equity	0.00	0.00	0.19	0.37	0.02
Short term debt to equity ratio	--	0.18	0.06	0.42	--
Current Ratio	4.43	1.78	2.40	0.83	8.49
Quick Ratio	3.10	0.96	1.73	0.49	7.02
Interest Coverage	60.58	17.58	18.60	2.38	128.53

	Garware Hi-Tech	Aether	Deepak Nitrite	Aarti	Fine Organic
Debtors to sales (%)	2.35	31.87	17.56	15.57	14.21
Asset Turnover	0.79	0.42	1.05	0.74	0.90
Receivable days	8.14	106.76	63.85	44.15	52.55
Inventory Days	59.80	146.98	41.09	64.26	58.75
Payable days	62.71	103.88	35.00	114.44	43.77
Cash Conversion Cycle	5.23	149.86	69.94	-6.03	67.52

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.