Garware Hi-Tech Films Profile
Key Indicators
- Authorised Capital ₹ 100.00 Cr
- Paid Up Capital ₹ 23.23 Cr
- Company Age 67 Year, 7 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 seven 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
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%.
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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)
₹358.10 Cr
₹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.
