Garware Hi-Tech Films Limited

Manufactures polyester films for various industries, including window tinting and packaging.

1957 | Aurangabad, Maharashtra (India) | Active
Last Updated:

Garware Hi-Tech Films Profile

Key Indicators

  • Authorised Capital ₹ 100.00 Cr
  • Paid Up Capital ₹ 23.23 Cr
  • Company Age 67 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 347.20 Cr
  • Satisfied Charges ₹ 3,899.43 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 ten 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 Private 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 2024. 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 ₹347.20 Cr. The company has closed loans amounting to ₹3,899.43 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Garware Hi-Tech Films Limited India are Abhishek Agarwal as CFO and Awaneesh Srivastava as Company Secretary. Sonia Garware, Sarita Garware, Monika 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

    24 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • 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.

Company report

Garware Hi-Tech Films Limited

Explore comprehensive data for Garware Hi-Tech Films Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Garware Hi-Tech Films?

Executive Team (5)

NameDesignationAppointment DateStatus
Sarita Garware Country flag representing In Managing Director12-Jul-2022Current
Monika Garware Country flag representing In Managing Director31-Mar-1989Current
Shashikant Garware Country flag representing In Managing Director06-Jun-1957Current
Abhishek Agarwal CFO12-Sep-2024Current
Awaneesh Srivastava Country flag representing In Company Secretary08-Aug-2019Current

Board Members (8)

NameDesignationAppointment DateStatus
Nayan Rawal Country flag representing In Director 01-Apr-2024Current
Manoj Sonawala Country flag representing In Director 01-Apr-2024Current
Sonia Garware Country flag representing In Director 31-Jan-2007Current
Mohan Adsul Country flag representing In Whole-Time Director 11-Aug-2023Current
Vivekanand Kamath Country flag representing In Director 08-Aug-2018Current
Chirag Doshi Country flag representing In Director 01-Sep-2024Current

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%.

Garware Hi-Tech Films revenue growth over time
Garware Hi-Tech Films profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
3.69%
Revenue from Operations
3.74%
Total Assets
3.49%
Profit or Loss
-7.87%
Net Worth
7.44%
EBITDA
-11.39%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹347.20 Cr

Satisfied Charges

₹3,899.43 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 347.20 Cr

Latest Charge Details

DateLenderAmountStatus
26 Mar 1997Indian Overseas Bank₹347.20 CrOpen
29 Dec 2023Indian Overseas Bank₹2.37 CrSatisfied
29 Dec 2023Indian Overseas Bank₹2.37 CrSatisfied
24 Jun 2022Hdfc Bank Limited₹6.90 MSatisfied
22 Sep 2021Hdfc Bank Limited₹3.02 MSatisfied

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.

Employee growth trends for Garware Hi-Tech Films Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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

  • Annual General Meeting

    Garware Hi-Tech Films Limited last Annual general meeting of members was held on 24 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 29 Dec 2023 via Charge ID 100876452 with Indian Overseas Bank was fully satisfied on 16 Sep 2024.

  • Charges

    A charge registered on 29 Dec 2023 via Charge ID 100887957 with Indian Overseas Bank was fully satisfied on 16 Sep 2024.

  • Director Appointment

    Abhishek Vinodkumar Agarwal was appointed as a Cfo was appointed as a Cfo on 12 Sep 2024 & has been associated with this company since 7 months 1 day .

  • Charges

    A charge registered on 28 Sep 2020 via Charge ID 100379703 with Hdfc Bank Limited was fully satisfied on 06 Sep 2024.

  • Charges

    A charge registered on 24 Jun 2022 via Charge ID 100592591 with Hdfc Bank Limited was fully satisfied on 05 Sep 2024.

Recent News, Updates & Announcement

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.

    • Sonia Garware
    • Sarita Ramsay Garware
    • Monika Garware
    • Mohan Sitaram Adsul
    • Nayan Jagdishchandra Rawal
    • Manoj Kishorchandra Sonawala
    • Shashikant Bhalchandra Garware
    • Vivekanand Heroor Kamath
    • Chirag Himatlal Doshi
    • Devanshi Hemant Nanavati
    • Deepak Nityanand Chawla
    • Abhishek Vinodkumar Agarwal
    • 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 India, Chhatrapati Sambhajinagar, Maharashtra, 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 ₹ 347.20 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 2024.

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