Garware Hi-Tech Films Profile
Key Indicators
- Authorised Capital ₹ 100.00 Cr
- Paid Up Capital ₹ 23.23 Cr
- Company Age 67 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 358.10 Cr
- Satisfied Charges ₹ 3,883.78 Cr
- Revenue Growth 3.69%
- Profit Growth -7.87%
- Ebitda -11.39%
- Net Worth 7.44%
- Total Assets 3.49%
About Garware Hi-Tech Films
Garware Hi-Tech Films Limited (GHFL) was founded in India on 06 June 1957 and has a glorious history of 67 years and eight months. Its registered office is in Aurangabad, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500655 and on the National Stock Exchange(NSE) under GRWRHITECH.
The Corporate was formerly known as Garware Plastics And Polyester Limited. The Company is engaged in the Packaging Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 100.00 Cr and a paid-up capital of Rs 23.23 Cr.
The company currently has active open charges totaling ₹358.10 Cr. The company has closed loans amounting to ₹3,883.78 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Garware Hi-Tech Films Limited India are Pradeep Mehta as CFO and Awaneesh Srivastava as Company Secretary. Tushar Parikh, Sonia Garware, Sarita Garware, and Eight other members serve as directors at the Company.
Company Details
- Location
Aurangabad, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L10889MH1957PLC010889
- Company No.
010889
- Stock Symbol
BSE : 500655 NSE : GRWRHITECH
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
06 Jun 1957
- Date of AGM
27 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Packaging
What products or services does Garware Hi-Tech Films Limited offer?
Garware Hi-Tech Films Limited offers a wide range of products and services, including Packaging Films & Foils, Shrink Wrap, Packaging Rolls, Plastic Film, Laminated Rolls, Protective Film, Metallized Films, Pet Furniture & Products, Pet Cage.
Who are the key members and board of directors at Garware Hi-Tech Films?
Executive Team (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sarita Garware  | Managing Director | 26-May-2022 | Current |
| Monika Garware | Managing Director | 31-Mar-1989 | Current |
| Shashikant Garware | Managing Director | 06-Jun-1957 | Current |
| Pradeep Mehta | CFO | 12-Nov-2019 | Current |
| Awaneesh Srivastava | Company Secretary | 08-Aug-2019 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Tushar Parikh | Director | 27-Dec-2013 | Current |
| Sonia Garware | Director | 31-Jan-2007 | Current |
| Mohan Adsul | Whole-Time Director | 11-Aug-2023 | Current |
| Ramesh Makhija | Director | 12-Nov-2009 | Current |
| Nilesh Doshi | Director | 12-Nov-2014 | Current |
| Mahesh Agarwal | Director | 29-Apr-2009 | Current |
Financial Performance of Garware Hi-Tech Films.
Garware Hi-Tech Films Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.69% increase. The company also saw a slight decrease in profitability, with a 7.87% decrease in profit. The company's net worth moved up by a moderate rise of 7.44%.
- Key Matrics
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- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Garware Hi-Tech Films?
In 2022, Garware Hi-Tech Films had a promoter holding of 60.73% and a public holding of 39.29%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Jetfleet Private LimitedNilesh Doshi is a mutual person
Garware Industriees Private LimitedSonia Garware, Sarita Garware and 2 more are mutual person
Orient Technologies LimitedTushar Parikh is a mutual person
Breach Candy Hospital TrustMonika Garware is a mutual person
B. D. Garware Research Centre Private LimitedSonia Garware and Shashikant Garware are mutual person
V B Desai Financial Services LtdNilesh Doshi is a mutual person
Charges (Loans)
Open Charges
₹358.10 Cr
Satisfied Charges
₹3,883.78 Cr
Charges Breakdown by Lending Institutions
- Indian Overseas Bank : 347.20 Cr
- Hdfc Bank Limited : 10.90 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jun 2022 | Hdfc Bank Limited | ₹6.90 M | Open |
| 22 Sep 2021 | Hdfc Bank Limited | ₹3.02 M | Open |
| 22 Sep 2021 | Hdfc Bank Limited | ₹3.02 M | Open |
| 09 Jul 2021 | Hdfc Bank Limited | ₹2.19 Cr | Open |
| 03 Jul 2021 | Hdfc Bank Limited | ₹2.19 Cr | Open |
How Many Employees Work at Garware Hi-Tech Films?
Garware Hi-Tech Films has a workforce of 921 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Garware Hi-Tech Films, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Garware Hi-Tech Films's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Garware Hi-Tech Films
Recent activity within the organization
- Charges
A charge registered on 08 Apr 2021 via Charge ID 100441157 with Indian Overseas Bank was fully satisfied on 13 Oct 2023.
- Annual General Meeting
Garware Hi-Tech Films Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.
- Charges
A charge registered on 03 Jun 2017 via Charge ID 100106503 with Indian Overseas Bank was fully satisfied on 15 Sep 2023.
- Charges
A charge registered on 12 Feb 2020 via Charge ID 100321999 with Others was fully satisfied on 01 Sep 2023.
- Charges
A charge with Others of Rs. 101.25 Cr registered on 12 Feb 2020 with Charge ID 100321999 was modified on 09 May 2023.
- Charges
A charge with Indian Overseas Bank of Rs. 130.00 Cr registered on 03 Jun 2017 with Charge ID 100106503 was modified on 04 May 2023.
Recent News, Updates & Announcement
- Garware Poly's director Sheela S. Garware resigns.
This is to inform you that Mrs. Sheela S. Garware, Non-Executive Non- Independent Director of the Company has tendered her resignation from the Board of Directors of the Company with immediate effect from 10/08/2017 due to Pre-occupation with other matters..
Frequently asked questions
What is the Incorporation or founding date of Garware Hi-Tech Films Limited?
Garware Hi-Tech Films Limited was incorporated on 06 Jun 1957.
What is authorized share capital and paid-up capital of Garware Hi-Tech Films Limited?
The authorized share capital of Garware Hi-Tech Films Limited is ₹ 100.00 Cr and paid-up capital is ₹ 23.23 Cr.
Who are the current board members & directors of Garware Hi-Tech Films Limited?
Currently 13 directors are associated with Garware Hi-Tech Films Limited.
- Tushar Madhuvandas Parikh
- Sonia Garware
- Sarita Ramsay Garware
- Monika Garware
- Mohan Sitaram Adsul
- Ramesh Pahlajrai Makhija
- Nilesh Ramanlal Doshi
- Shashikant Bhalchandra Garware
- Mahesh Chandra Agarwal
- Vivekanand Heroor Kamath
- Devanshi Hemant Nanavati
- Pradeep Mehta
- Awaneesh Kumar Srivastava
What is the registered address of Garware Hi-Tech Films Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Garware Hi-Tech Films Limited is Naigaon, Post Waluj, Aurangabad, Maharashtra, India, 431133.
What is the corporate identification number (CIN) and company number of Garware Hi-Tech Films Limited?
The corporate identification number (CIN) of Garware Hi-Tech Films Limited is L10889MH1957PLC010889 and the company number is 010889 as per Ministry of Corporate Affairs (MCA).
Is Garware Hi-Tech Films Limited registered with any stock exchange in India?
Yes, Garware Hi-Tech Films Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): GRWRHITECH.
What is the official website of Garware Hi-Tech Films Limited?
The Official website of Garware Hi-Tech Films Limited is https://www.garwarehitechfilms.com
What has been the recent revenue trend for Garware Hi-Tech Films Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Garware Hi-Tech Films Limited has risen by 3.69%.
How many employees does Garware Hi-Tech Films Limited currently have?
As Per 2023 financial reports, 921 employees are currently employed by Garware Hi-Tech Films Limited.
What change has been observed in the net worth of Garware Hi-Tech Films Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Garware Hi-Tech Films Limited has experienced an upsurge of 7.44%.
What are the total open charges for Garware Hi-Tech Films Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Garware Hi-Tech Films Limited amount to ₹ 358.10 Cr.
When was the last Balance Sheet of Garware Hi-Tech Films Limited filed with the ROC?
The most recent Balance Sheet for Garware Hi-Tech Films Limited was filed with the ROC on 31 Mar 2023.
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