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

Latest as of March 2026: Rs26.56 Billion INR ≈ $287.25 Million USD

Based on the latest financial reports, Garware Hi-Tech Films Limited (GRWRHITECH) has net assets worth Rs26.56 Billion INR (≈ $287.25 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs30.11 Billion ≈ $325.65 Million USD) and total liabilities (Rs3.55 Billion ≈ $38.40 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. Also explore balance sheet size of Garware Hi-Tech Films Limited for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric Value
Current Net Assets Rs26.56 Billion
% of Total Assets 88.21%
Annual Growth Rate 15.79%
5-Year Change 55.25%
10-Year Change 111.85%
Growth Volatility 27.45

Garware Hi-Tech Films Limited - Net Assets Trend (2004–2026)

This chart illustrates how Garware Hi-Tech Films Limited's net assets have evolved over time, based on quarterly financial data. Check Garware Hi-Tech Films Limited tangible equity quality to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Garware Hi-Tech Films Limited (2004–2026)

The table below shows the annual net assets of Garware Hi-Tech Films Limited from 2004 to 2026. For live valuation and market cap data, see how much is Garware Hi-Tech Films Limited worth.

Year Net Assets Change
2026-03-31 Rs26.56 Billion
≈ $287.25 Million		 +11.99%
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 decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2026)

Component Amount Percentage
Common Stock Rs232.30 Million 0.87%
Other Components Rs26.33 Billion 99.13%
Total Equity Rs26.56 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
LuxNet
TWO:4979
 $1.81 Billion
Karooooo Ltd
JSE:KRO
 $1.81 Billion
Nextnav Acquisition Corp
NASDAQ:NN
 $1.81 Billion
Guangdong Alpha Animation and Culture Co Ltd
SHE:002292
 $1.81 Billion
Watsco Inc
NYSE:WSO-B
 $1.80 Billion
Gansu Qilianshan Cement Group Co Ltd
SHG:600720
 $1.80 Billion
Outokumpu Oyj
HE:OUT1V
 $1.80 Billion
Enerpac Tool Group Corp
NYSE:EPAC
 $1.80 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 2025 to 2026, total equity changed from 23,717,900,000 to 26,561,600,000, a change of 2,843,700,000 (12.0%).
  • Net income of 3,382,300,000 contributed positively to equity growth.
  • Dividend payments of 278,800,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 9,940,000,000.
  • Other factors increased equity by 9,680,200,000.

Equity Change Factors (2025 to 2026)

Factor Impact Contribution
Net Income Rs3.38 Billion +12.73%
Dividends Paid Rs278.80 Million -1.05%
Other Comprehensive Income Rs-9.94 Billion -37.42%
Other Changes Rs9.68 Billion +36.44%
Total Change Rs- 11.99%

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: 6.28x
  • 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 148.57x to 6.28x 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 Rs7182.00 x
2005-03-31 Rs56.70 Rs7182.00 x
2006-03-31 Rs56.79 Rs7182.00 x
2007-03-31 Rs80.86 Rs7182.00 x
2008-03-31 Rs106.67 Rs7182.00 x
2009-03-31 Rs110.84 Rs7182.00 x
2010-03-31 Rs117.80 Rs7182.00 x
2011-03-31 Rs208.04 Rs7182.00 x
2012-03-31 Rs220.11 Rs7182.00 x
2013-03-31 Rs255.92 Rs7182.00 x
2014-03-31 Rs260.74 Rs7182.00 x
2015-03-31 Rs243.92 Rs7182.00 x
2016-03-31 Rs251.11 Rs7182.00 x
2017-03-31 Rs539.44 Rs7182.00 x
2018-03-31 Rs556.06 Rs7182.00 x
2019-03-31 Rs590.63 Rs7182.00 x
2020-03-31 Rs604.21 Rs7182.00 x
2021-03-31 Rs673.01 Rs7182.00 x
2022-03-31 Rs736.42 Rs7182.00 x
2023-03-31 Rs798.81 Rs7182.00 x
2024-03-31 Rs880.15 Rs7182.00 x
2025-03-31 Rs1020.92 Rs7182.00 x
2026-03-31 Rs1143.32 Rs7182.00 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): 12.73%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 15.95%
  • • Asset Turnover: 0.70x
  • • Equity Multiplier: 1.13x
  • Recent ROE (12.73%) is above the historical average (8.30%), 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% 2.62% 0.52x 1.32x Rs-1.03 Billion
2018 2.56% 4.07% 0.52x 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% 11.77% 0.64x 1.19x Rs-194.39 Million
2024 9.94% 12.31% 0.71x 1.14x Rs-11.90 Million
2025 13.96% 15.95% 0.77x 1.13x Rs940.41 Million
2026 12.73% 15.95% 0.70x 1.13x Rs726.14 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: $12,539,578,100
  • Average return on equity (ROE) among peers: 8.24%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Garware Hi-Tech Films Limited (GRWRHITECH) Rs26.56 Billion 18.15% 0.13x $1.80 Billion
Aarti Industries Limited (AARTIIND) $56.05 Billion 5.90% 0.98x $1.91 Billion
Aarti Surfactants Limited (AARTISURF) $2.18 Billion 9.78% 0.94x $44.03 Million
ABM International Limited (ABMINTLLTD) $127.92 Million -37.56% 1.23x $4.33 Million
Advanced Enzyme Technologies Limited (ADVENZYMES) $10.31 Billion 14.16% 0.12x $392.05 Million
Aether Industries Limited (AETHER) $20.63 Billion 4.00% 0.16x $2.17 Billion
Akzo Nobel India Limited (AKZOINDIA) $2.69 Billion 18.78% 1.53x $1.60 Billion
Alkali Metals Limited (ALKALI) $513.46 Million 2.20% 1.13x $7.55 Million
Alkyl Amines Chemicals Limited (ALKYLAMINE) $1.50 Billion 30.09% 1.66x $1.01 Billion
Ami Organics Limited (AMIORG) $576.82 Million 32.06% 1.70x $1.18 Billion
Anupam Rasayan India Limited (ANURAS) $30.82 Billion 3.03% 0.71x $1.49 Billion

About Garware Hi-Tech Films Limited

NSE:GRWRHITECH India Specialty Chemicals
Market Cap
$1.80 Billion
Rs166.86 Billion INR
Market Cap Rank
#6449 Global
#306 in India
Share Price
Rs7182.00
Change (1 day)
+0.43%
52-Week Range
Rs2697.30 - Rs7182.00
All Time High
Rs7182.00
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