Containers & Packaging company Garware Hi-Tech Films announced Q4FY26 & FY26 results Q4FY26 Financial Highlights: Revenue from operations: Rs 597 crore against Rs 548 crore during Q4FY25, change 8.9%. EBITDA: Rs 157 crore against Rs 121 crore during Q4FY25, change 29.0%. EBITDA Margin: 26.2% for Q4FY26. PBT: Rs 142 crore against Rs 109 crore during Q4FY25, change 30.8%. PAT: Rs 108 crore against Rs 78 crore during Q4FY25, change 39.1%. EPS: Rs 47 for Q4FY26. FY26 Financial Highlights: Revenue from operations: Rs 2,120 crore against Rs 2,109 crore during FY25, change 0.5%. EBITDA: Rs 500 crore against Rs 495 crore during FY25, change 0.8%. EBITDA Margin: 23.6% for FY26. PBT: Rs 446 crore against Rs 445 crore during FY25, change 0.2%. PAT: Rs 338 crore against Rs 331 crore during FY25, change 2.1%. EPS: Rs 146 for FY26. Business Highlights: Robust top-line performance: Rs 597 crore (up 8.9% YoY; 30.1% QoQ), driven by demand revival and improved realizations across segments, marking one of the strongest quarters in the Company’s history. Margin expansion: EBITDA at Rs 157 crore (up 29.0% YoY; 80.5% QoQ) with margin at 26.2% up 409 bps YoY, led by operating leverage, favourable product mix, and sustained cost efficiencies. Earnings momentum: PAT at Rs 108 crore (up 39.1% YoY; 94.0% QoQ) with margin at 18.1% supported by strong operating performance. Record annual performance: FY26 revenue at Rs 2,120 crore (highest ever), EBITDA at Rs 500 crore (margin 23.6%), PAT at Rs 338 crore (margin 16.0%) reflecting sustained momentum with margin expansion and operational efficiency, navigating global volatility and tariff headwinds. Capex-Led Growth Momentum: GHFL board has approved Rs 191 crore capex towards a state-of-the-art SCF line backed by robotics and automation with ~1,200 LSF capacity addition, marking its sixth major capex in recent years and reinforcing its strong, consistent growth trajectory. Expected commercial production in June 2027 (Q1FY28). Product innovation: Unveiled 3 new products including sustainable TPU-based UV printable films for complex applications, PDLC speciality films (Privacy on Demand) and Graphic Solutions. Global D2C scaling: Expanded Global Application Studios (GAS) footprint with 11 international GAS additions (2 in the UAE, 9 in the USA), strengthening direct-toconsumer reach and global presence. Domestic D2C presence: Expanded to 250+ Garware Application Studios (GAS) and 6 Global Home Solutions (GHS) across India, with a target to scale GHS to 50 by the end of FY27. Recognition & brand momentum: Conferred the PLEX Council Highest Exporter Award and recognized among India’s top value creators by Dun & Bradstreet, reflecting strong export performance and consistent value creation. S. B. Garware, Chairman & Managing Director, Garware HiTech Films, said: “Garware Hi-Tech Films’ performance reflects the resilience, strength, and strategic clarity of a business built over more than three decades.” Monika Garware, Vice Chairperson & Joint Managing Director, Garware Hi-Tech Films, said: “We recorded the highest ever quarterly profitability in our history, along with achieving the highest-ever full-year Revenue and PAT since inception, reflecting strong execution and operating discipline. This performance was achieved in an extremely challenging external environment thereby reflecting the strength of our operations and market positioning. During the period, we strengthened our customer first approach through new product launches and the expansion of Garware & Global Application Studios as well as Garware Home Solutions. The newly announced Sun Control Film line will strengthen our future growth.” Result PDF