Garware Hi-Tech Films Limited
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
Garware Hi-Tech Films Limited (GRWRHITECH) - Total Assets
Latest total assets as of September 2025: ₹28.32 Billion INR
Based on the latest financial reports, Garware Hi-Tech Films Limited (GRWRHITECH) holds total assets worth ₹28.32 Billion INR as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Garware Hi-Tech Films Limited - Total Assets Trend (2004–2025)
This chart illustrates how Garware Hi-Tech Films Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Garware Hi-Tech Films Limited - Asset Composition Analysis
Current Asset Composition (March 2025)
Garware Hi-Tech Films Limited's total assets of ₹28.32 Billion consist of 39.4% current assets and 60.6% non-current assets.
| Asset Category | Amount (INR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₹0.00 | 4.5% |
| Accounts Receivable | ₹424.70 Million | 1.6% |
| Inventory | ₹3.09 Billion | 11.5% |
| Property, Plant & Equipment | ₹0.00 | 0.0% |
| Intangible Assets | ₹15.00 Million | 0.1% |
| Goodwill | ₹0.00 | 0.0% |
Asset Composition Trend (2004–2025)
This chart illustrates how Garware Hi-Tech Films Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Garware Hi-Tech Films Limited's current assets represent 39.4% of total assets in 2025, an increase from 28.8% in 2004.
- Cash Position: Cash and equivalents constituted 4.5% of total assets in 2025, up from 0.9% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 15.0% in 2004.
- Asset Diversification: The largest asset category is inventory at 11.5% of total assets.
Garware Hi-Tech Films Limited Competitors by Total Assets
Key competitors of Garware Hi-Tech Films Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Akzo Nobel N.V
OTCQX:AKZOF
|
USA | $13.95 Billion |
|
YeSUN Tech Co.Ltd.
KQ:250930
|
Korea | ₩51.65 Billion |
|
Hangzhou Flariant Co Ltd
SHG:605566
|
China | CN¥2.55 Billion |
|
Samhwa Paint
KO:000390
|
Korea | ₩617.09 Billion |
|
DL Holdings CO. LTD.
KO:000210
|
Korea | ₩12.05 Trillion |
|
Norooholdings
KO:000320
|
Korea | ₩1.26 Trillion |
|
Noroo Holdings Co Ltd
KO:000325
|
Korea | ₩1.26 Trillion |
|
Chongqing Sanxia Paints Co Ltd
SHE:000565
|
China | CN¥1.65 Billion |
Garware Hi-Tech Films Limited - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Garware Hi-Tech Films Limited generates 0.79x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Garware Hi-Tech Films Limited generates $ 12.35 in net profit.
Garware Hi-Tech Films Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 4.32 | 4.09 | 2.14 |
| Quick Ratio | 3.10 | 2.76 | 1.44 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₹8.67 Billion | ₹ 7.07 Billion | ₹ 1.93 Billion |
Garware Hi-Tech Films Limited - Advanced Valuation Insights
This section examines the relationship between Garware Hi-Tech Films Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.97 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 15.4% |
| Total Assets | ₹26.82 Billion |
| Market Capitalization | $306.95 Million USD |
Valuation Analysis
Below Book Valuation: The market values Garware Hi-Tech Films Limited's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Garware Hi-Tech Films Limited's assets grew by 15.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Garware Hi-Tech Films Limited (2004–2025)
The table below shows the annual total assets of Garware Hi-Tech Films Limited from 2004 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | ₹26.82 Billion | +15.42% |
| 2024-03-31 | ₹23.24 Billion | +4.94% |
| 2023-03-31 | ₹22.14 Billion | +3.80% |
| 2022-03-31 | ₹21.33 Billion | +14.17% |
| 2021-03-31 | ₹18.68 Billion | +11.28% |
| 2020-03-31 | ₹16.79 Billion | +1.99% |
| 2019-03-31 | ₹16.46 Billion | +4.86% |
| 2018-03-31 | ₹15.70 Billion | -5.02% |
| 2017-03-31 | ₹16.53 Billion | +62.06% |
| 2016-03-31 | ₹10.20 Billion | -2.10% |
| 2015-03-31 | ₹10.42 Billion | -4.36% |
| 2014-03-31 | ₹10.89 Billion | +11.77% |
| 2013-03-31 | ₹9.75 Billion | +15.60% |
| 2012-03-31 | ₹8.43 Billion | +6.68% |
| 2011-03-31 | ₹7.90 Billion | +24.55% |
| 2010-03-31 | ₹6.35 Billion | +0.75% |
| 2009-03-31 | ₹6.30 Billion | -11.31% |
| 2008-03-31 | ₹7.10 Billion | -6.95% |
| 2007-03-31 | ₹7.63 Billion | -2.66% |
| 2006-03-31 | ₹7.84 Billion | +6.59% |
| 2005-03-31 | ₹7.36 Billion | +2.61% |
| 2004-03-31 | ₹7.17 Billion | -- |