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Garware Hi-Tech Films Limited (GRWRHITECH)

Capital Goods · NSE · end-of-day 2026-10-19
Close
₹6,957.50
Day change
-0.18%
1-year
+135.8%
From 52-week high
-6.1%
Weinstein stage
Stage 2
Minervini template
8/8
Garware Hi-Tech Films Limited closed at ₹6,957.50 on 2026-10-19, up 136% over the past year, 6% below its 52-week high. It meets 8 of 8 conditions of Minervini's trend template - a full pass; Weinstein's stage analysis reads stage 2 - advancing; on earnings, it passes 4 of 5 SEPA checks. Over the year its annualised volatility was about 53%, with a largest fall of 35% from a peak.

About Garware Hi-Tech Films Limited

Garware Hi-Tech Films Limited manufactures specialty polyester films, including solar-control, automotive, packaging, and industrial films. Its products serve multiple global end markets where performance and specialized manufacturing capabilities are important. Increasing solar-energy adoption, automotive demand, and advanced packaging provide long-term opportunities. Product innovation and export capabilities support differentiation. Polymer prices, energy costs, export demand, currency movements, and capacity utilization remain important factors.

Price, RSI and MACD

Price · +74.9% over the period
3,3034,3885,4736,5577,642Apr 26May 26Jun 26Jul 26Aug 26Sep 26Oct 26
RSI (14) · 50.7
305070
MACD (12, 26, 9) · histogram +20.41
-218.4-44.2130304.1478.3
Price · +136.5% over the period
2,4223,7405,0576,3747,692Oct 25Dec 25Feb 26Apr 26Jun 26Aug 26Oct 26
RSI (14) · 50.7
305070
MACD (12, 26, 9) · histogram +20.41
-224.6-48.8127.1302.9478.8
Price · +83.5% over the period
2,0143,4394,8646,2907,715Oct 24Feb 25Jun 25Oct 25Feb 26Jun 26Oct 26
RSI (14) · 50.7
305070
MACD (12, 26, 9) · histogram +20.41
-446.4-212.621.2254.9488.7
Price · +435.9% over the period
4132,2424,0725,9017,731Feb 24Jul 24Dec 24May 25Oct 25Mar 26Aug 26
RSI (14) · 50.7
305070
MACD (12, 26, 9) · histogram +20.41
-432.5-200.830.9262.5494.2
Price: daily close adjusted for splits and bonuses, dashed line the 150-day moving average. MACD: green line, orange dashed signal, bars the histogram. Longer periods are drawn from every second or third session.

Fundamentals

Market capSales (TTM)Net profit (TTM)P/EEPS (TTM)P/BROEROE previous yearROCEDebt / equityFree cash flowEV / EBITDABeta
₹16,162 cr₹2,258 cr₹388 cr41.7166.966.0813.5%15.0%18.1%0.00₹114 cr32.21.55

Quarterly results

QuarterSales ₹ crNet profit ₹ crEPSEPS YoYSales YoYNet margin
Jun 202663313357.10+59.8%+27.9%20.9%
Mar 202659710846.58+39.1%+8.9%18.1%
Dec 20254595624.01-8.2%-1.6%12.2%
Sep 20255709139.27-12.5%-8.2%16.0%
Jun 20254958335.73-6.0%+4.3%16.8%
Mar 20255487833.49+34.6%+22.7%14.2%
Dec 20244666126.17+8.8%+2.8%13.0%
Sep 202462110444.88+127.1%+56.3%16.8%
Consolidated · EPS restated onto today's share count after splits and bonuses · net profit as filed.

Minervini SEPA — earnings checks 4 of 5 pass

CheckResult
Latest quarter EPS up 25%+ on a year ago✓ Pass
EPS growth accelerating over 3 quarters✓ Pass
Sales up 25%+, or sales growth accelerating✓ Pass
Annual EPS up 25%+ in each of the last 2 years✗ Fail
Net margin above the same quarter last year✓ Pass

Investor methods

MethodChecksScoreVerdict
Minervini
✓ Close above the 150- and 200-day averages
✓ 150-day above 200-day
✓ 200-day rising for a month
✓ 50-day above the 150- and 200-day
✓ Close above the 50-day
✓ At least 25% above the 52-week low · low 2,704.50
✓ Within 25% of the 52-week high · high 7,409.50
✓ RS percentile 70 or more · RS 94
Trend template - the gate, measured: a modest 21-day edge.
8/8Pass
Weinstein
Stan Weinstein's stage analysis on the 30-week moving average.
Stage 2 - advancing
CAN SLIM
✓ C latest quarter EPS up 25%+
✗ A annual EPS up 25%+ in each of the last 2 years · O'Neil asks 3; ~2 held
✓ N within 15% of the 52-week high · high 7,409.50
✗ S more volume on up days than down days (50 sessions) · 0.88x
✓ L RS percentile 80 or more · RS 94
— I institutional sponsorship rising · shareholding not collected yet
✓ M market in an uptrend (40%+ of stocks above their 200-day) · breadth 45%
William O'Neil's growth-leader checklist.
4/6Average
Darvas
✓ Box top confirmed (3 sessions below the new high) · top 7,990.00
✓ Box bottom confirmed (3 sessions holding) · bottom 6,240.00
✗ Close above the box top · close 6,957.50
✗ Volume at least 1.5x its 50-day average · 0.4x
Nicolas Darvas's box: buy the breakout above a confirmed box after a new high.
55/100In box
Turtle
✗ Close above the prior 55-session high · 7,990.00
✗ Close above the prior 20-session high · 7,296.50
✗ Close below the prior 20-session low · 6,240.00
Donchian channel breakout - the Turtle traders' entry.
No signal
Greenblatt
— Earnings yield (EBITDA / EV) · 3.1%
— Return on capital (ROCE) · 18.1%
Joel Greenblatt's Magic Formula: good businesses at good prices, ranked across all companies. Earnings yield uses EBITDA, as EBIT is not held separately.
32/100Weak
Graham
✗ Price at or below the Graham number · Graham number 2,073.35
✗ P/E 15 or less · P/E 41.7
✗ P/B 1.5 or less (or P/E x P/B 22.5 or less) · P/B 6.08
✓ Current ratio 2 or more · 4.43
— 10 years of positive earnings, 20 of dividends · history not held
Benjamin Graham's defensive-investor tests.
30/100Expensive
Piotroski
✓ Profitable (ROA > 0)
✓ Operating cash flow positive
✗ ROA rising
✗ Cash flow above net profit (earnings quality)
✓ Long-term debt / assets falling
✓ Current ratio rising · 4.43
✓ No new shares issued
✓ Margin rising (net margin)
✗ Asset turnover rising
Joseph Piotroski's F-score, FY 2025 -> 2026.
6/9Average
Each method's own rules applied to this stock - information, not a buy or sell signal. All were tested on 2024-26 data; only the Minervini trend template showed a consistent edge.

Capital Goods sector — top 10 by 1-year return

Stock1M %3M %6M %1Y %3Y %5Y %P/EP/BROE %ROCE %ROA %D/EEV/EBITDA₹ CrSales TTM ₹ CrProfit TTM ₹ CrEPSBeta
GRWRHITECH this stock+3.5+0.5+74.9+115.8+389.2—41.76.0813.518.1—0.0032.216,1622,258388167.01.55
CPPLUS+19.5+12.4+76.4+187.0——98.125.1825.7——0.0682.647,2584,88347740.90.60
DYNAMATECH+12.9+32.4+34.3+72.5+208.0+396.5218.011.664.38.7—0.6753.29,2491,6754262.51.11
ATLANTAELE+1.4-2.8+21.9+67.2——29.313.9848.0——0.0536.412,9882,00321857.50.81
LLOYDSENGG+14.4+4.0+69.8+60.6+96.3—54.58.3116.417.8—0.0258.013,8771,6112361.71.89
APOLLO+14.3+7.9+46.5+44.3+451.5+3482.4122.511.9911.814.6—0.4173.015,7481,0221153.51.59
JAYNECOIND+9.8+16.6+2.8+44.3+161.3+269.713.82.8717.820.5—0.457.29,5148,0026897.11.43
JNKINDIA+0.3-11.5+23.3+39.5——30.64.0912.117.8—0.1321.22,3228997413.61.04
GMMPFAUDLR-12.2+60.6+41.5+20.2-28.4-22.077.74.815.212.0—0.6915.95,7923,6546816.60.79
USHAMART-4.3-4.6+9.0+6.6+54.2+434.629.14.4815.419.6—0.0419.714,8023,83750816.61.14
JYOTICNC-7.0+21.5+31.2+5.7——69.011.0918.221.3—0.4240.022,1902,19132214.11.61
A blank in a return column means the stock is younger than that window. P/B and ROE come from each company's own filings where held.

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Prices as of 2026-10-19, end of day, from NSE. Fundamentals from each company's own exchange filings (XBRL), EPS restated for splits and bonuses. Figures may be delayed and are for information only.
For research & education only — not investment advice. The methods, checks and verdicts are automated rules applied to public data, not buy/sell recommendations. StockLearn is an independent product of ClusterMicro Technologies, not affiliated with or endorsed by the NSE or any exchange. ClusterMicro Technologies is not a SEBI-registered investment adviser. Consult a SEBI-registered adviser before investing.