Garware Hi-Tech Films Limited (GRWRHITECH) - Net Assets

Latest as of September 2025: Rs25.07 Billion INR ≈ $271.07 Million USD

Based on the latest financial reports, Garware Hi-Tech Films Limited (GRWRHITECH) has net assets worth Rs25.07 Billion INR (≈ $271.07 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs28.32 Billion ≈ $306.23 Million USD) and total liabilities (Rs3.25 Billion ≈ $35.16 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check GRWRHITECH cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets Rs25.07 Billion
% of Total Assets 88.52%
Annual Growth Rate 15.97%
5-Year Change 51.69%
10-Year Change 305.11%
Growth Volatility 28.06

Garware Hi-Tech Films Limited - Net Assets Trend (2004–2025)

This chart illustrates how Garware Hi-Tech Films Limited's net assets have evolved over time, based on quarterly financial data. Also explore Garware Hi-Tech Films Limited total assets for the complete picture of this company's asset base.

Annual Net Assets for Garware Hi-Tech Films Limited (2004–2025)

The table below shows the annual net assets of Garware Hi-Tech Films Limited from 2004 to 2025. For live valuation and market cap data, see Garware Hi-Tech Films Limited (GRWRHITECH) market capitalisation.

Year Net Assets Change
2025-03-31 Rs23.72 Billion
≈ $256.50 Million		 +15.99%
2024-03-31 Rs20.45 Billion
≈ $221.14 Million		 +10.18%
2023-03-31 Rs18.56 Billion
≈ $200.70 Million		 +8.47%
2022-03-31 Rs17.11 Billion
≈ $185.03 Million		 +9.42%
2021-03-31 Rs15.64 Billion
≈ $169.09 Million		 +11.39%
2020-03-31 Rs14.04 Billion
≈ $151.81 Million		 +2.30%
2019-03-31 Rs13.72 Billion
≈ $148.40 Million		 +6.22%
2018-03-31 Rs12.92 Billion
≈ $139.71 Million		 +3.04%
2017-03-31 Rs12.54 Billion
≈ $135.59 Million		 +114.15%
2016-03-31 Rs5.85 Billion
≈ $63.32 Million		 +2.95%
2015-03-31 Rs5.69 Billion
≈ $61.50 Million		 -6.45%
2014-03-31 Rs6.08 Billion
≈ $65.74 Million		 +1.88%
2013-03-31 Rs5.97 Billion
≈ $64.53 Million		 +16.35%
2012-03-31 Rs5.13 Billion
≈ $55.46 Million		 +5.73%
2011-03-31 Rs4.85 Billion
≈ $52.46 Million		 +78.56%
2010-03-31 Rs2.72 Billion
≈ $29.38 Million		 +9.10%
2009-03-31 Rs2.49 Billion
≈ $26.93 Million		 +3.91%
2008-03-31 Rs2.40 Billion
≈ $25.91 Million		 +35.68%
2007-03-31 Rs1.77 Billion
≈ $19.10 Million		 +42.37%
2006-03-31 Rs1.24 Billion
≈ $13.41 Million		 +0.17%
2005-03-31 Rs1.24 Billion
≈ $13.39 Million		 +17.28%
2004-03-31 Rs1.06 Billion
≈ $11.42 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Garware Hi-Tech Films Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 1348640000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Retained Earnings Rs13.49 Billion 56.86%
Common Stock Rs232.30 Million 0.98%
Other Comprehensive Income Rs9.94 Billion 41.91%
Other Components Rs59.20 Million 0.25%
Total Equity Rs23.72 Billion 100.00%

Garware Hi-Tech Films Limited Competitors by Market Cap

The table below lists competitors of Garware Hi-Tech Films Limited ranked by their market capitalization.

Company Market Cap
Glenveagh Properties PLC
IR:GVR
 $1.01 Billion
Star Cement Limited
NSE:STARCEMENT
 $1.01 Billion
Lemon Tree Hotels Limited
NSE:LEMONTREE
 $1.01 Billion
Guangzhou Automobile Group Co. Ltd
F:02G
 $1.01 Billion
NAVIGATOR HLDGS LTD
F:1NV
 $1.00 Billion
Ventyx Biosciences Inc
NASDAQ:VTYX
 $1.00 Billion
Compass Minerals International Inc
NYSE:CMP
 $1.00 Billion
CSSC Offshore & Marine Engineering (Group) Co Ltd
F:GSZ
 $1.00 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Garware Hi-Tech Films Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 20,447,986,000 to 23,717,900,000, a change of 3,269,914,000 (16.0%).
  • Net income of 3,312,200,000 contributed positively to equity growth.
  • Dividend payments of 235,300,000 reduced retained earnings.
  • Other comprehensive income increased equity by 920,000,000.
  • Other factors decreased equity by 726,986,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income Rs3.31 Billion +13.96%
Dividends Paid Rs235.30 Million -0.99%
Other Comprehensive Income Rs920.00 Million +3.88%
Other Changes Rs-726.99 Million -3.07%
Total Change Rs- 15.99%

Book Value vs Market Value Analysis

This analysis compares Garware Hi-Tech Films Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 3.92x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 82.72x to 3.92x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2004-03-31 Rs48.34 Rs3999.00 x
2005-03-31 Rs56.70 Rs3999.00 x
2006-03-31 Rs56.79 Rs3999.00 x
2007-03-31 Rs80.86 Rs3999.00 x
2008-03-31 Rs106.67 Rs3999.00 x
2009-03-31 Rs110.84 Rs3999.00 x
2010-03-31 Rs117.80 Rs3999.00 x
2011-03-31 Rs208.04 Rs3999.00 x
2012-03-31 Rs220.11 Rs3999.00 x
2013-03-31 Rs255.92 Rs3999.00 x
2014-03-31 Rs260.74 Rs3999.00 x
2015-03-31 Rs243.92 Rs3999.00 x
2016-03-31 Rs251.11 Rs3999.00 x
2017-03-31 Rs539.44 Rs3999.00 x
2018-03-31 Rs556.06 Rs3999.00 x
2019-03-31 Rs590.63 Rs3999.00 x
2020-03-31 Rs604.21 Rs3999.00 x
2021-03-31 Rs673.01 Rs3999.00 x
2022-03-31 Rs736.42 Rs3999.00 x
2023-03-31 Rs798.81 Rs3999.00 x
2024-03-31 Rs880.15 Rs3999.00 x
2025-03-31 Rs1020.92 Rs3999.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Garware Hi-Tech Films Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 13.96%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 15.70%
  • • Asset Turnover: 0.79x
  • • Equity Multiplier: 1.13x
  • Recent ROE (13.96%) is above the historical average (8.09%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2004 18.15% 4.32% 0.62x 6.79x Rs86.09 Million
2005 15.59% 3.75% 0.70x 5.94x Rs69.22 Million
2006 0.57% 0.14% 0.63x 6.32x Rs-116.93 Million
2007 1.56% 0.31% 1.16x 4.32x Rs-149.02 Million
2009 4.59% 1.94% 0.94x 2.53x Rs-134.62 Million
2010 4.21% 1.28% 1.40x 2.34x Rs-157.27 Million
2011 39.47% 14.87% 1.63x 1.63x Rs1.43 Billion
2012 6.23% 4.02% 0.94x 1.64x Rs-193.40 Million
2013 4.75% 3.64% 0.80x 1.63x Rs-313.37 Million
2014 1.69% 1.22% 0.77x 1.79x Rs-505.03 Million
2015 3.13% 1.99% 0.86x 1.83x Rs-390.57 Million
2016 2.82% 1.92% 0.84x 1.74x Rs-420.50 Million
2017 1.79% 2.57% 0.53x 1.32x Rs-1.03 Billion
2018 2.56% 3.97% 0.53x 1.22x Rs-960.63 Million
2019 5.95% 8.83% 0.56x 1.20x Rs-555.67 Million
2020 6.13% 9.52% 0.54x 1.20x Rs-543.54 Million
2021 8.06% 12.97% 0.52x 1.19x Rs-304.03 Million
2022 9.77% 13.11% 0.60x 1.25x Rs-39.08 Million
2023 8.95% 11.68% 0.64x 1.19x Rs-194.39 Million
2024 9.94% 12.12% 0.72x 1.14x Rs-11.85 Million
2025 13.96% 15.70% 0.79x 1.13x Rs940.41 Million

Industry Comparison

This section compares Garware Hi-Tech Films Limited's net assets metrics with peer companies in the Specialty Chemicals industry.

Industry Context

  • Industry: Specialty Chemicals
  • Average net assets among peers: $8,083,043,484
  • Average return on equity (ROE) among peers: 14.94%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Garware Hi-Tech Films Limited (GRWRHITECH) Rs25.07 Billion 18.15% 0.13x $1.00 Billion
Aarti Industries Limited (AARTIIND) $49.21 Billion 11.08% 0.74x $1.99 Billion
Aarti Surfactants Limited (AARTISURF) $1.11 Billion 1.88% 1.36x $37.34 Million
ABM International Limited (ABMINTLLTD) $214.51 Million 3.09% 0.89x $4.23 Million
Advanced Enzyme Technologies Limited (ADVENZYMES) $1.66 Billion 30.02% 1.39x $420.87 Million
Aether Industries Limited (AETHER) $12.45 Billion 10.48% 0.11x $1.68 Billion
Akzo Nobel India Limited (AKZOINDIA) $11.05 Billion 19.80% 1.09x $1.45 Billion
Alkali Metals Limited (ALKALI) $658.97 Million 9.93% 0.56x $7.38 Million
Alkyl Amines Chemicals Limited (ALKYLAMINE) $1.16 Billion 20.83% 1.93x $838.56 Million
Ami Organics Limited (AMIORG) $822.19 Million 28.33% 1.59x $1.18 Billion
Anupam Rasayan India Limited (ANURAS) $2.50 Billion 13.94% 1.53x $1.65 Billion

About Garware Hi-Tech Films Limited

NSE:GRWRHITECH India Specialty Chemicals
Market Cap
$1.00 Billion
Rs92.91 Billion INR
Market Cap Rank
#9086 Global
#432 in India
Share Price
Rs3999.00
Change (1 day)
+4.87%
52-Week Range
Rs2697.30 - Rs4730.20
All Time High
Rs5294.30
Categories
Companies in India Specialty Chemicals
About

Garware Hi-Tech Films Limited manufactures and sells polyester films in India, the United States, and internationally. The company offers paint protection and sun control films. It also offers defendo-dual reflective, spectrally selective, deco vista, safety, designer, privacy, reflective, IR rejection, writable, antigraffity, and whiteboard films, as well as HP films. In addition, the company pr… Read more