Garware Hi-Tech Films Ltd - 500655 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Transcript of the Earnings conference call- Quarter ended June 30, 2023 held on August 22, 2023.25-08-2023
25-08-2023
Garware Hi-Tech Films Ltd - 500655 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Please find enclosed herewith copied of the Newspaper Publication, publishing communication to shareholders with regard to intimation for tax deduction on dividend.23-08-2023
Garware Hi-Tech Films Ltd - 500655 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Audio recording of Earnings Conference Call - Quarter ended June 30, 2023, held on August 22, 2023.22-08-2023
Garware Hi-Tech Films Ltd - 500655 - Communication To Shareholders - Intimation On Tax Deduction On Dividend
Please find attached herewith the intimation on tax Deduction on Dividend.22-08-2023
Garware Hi-Tech Films Ltd - 500655 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation Quarter 1 FY 2422-08-2023
Garware Hi-Tech Films Ltd - 500655 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation of loss of share certificate21-08-2023
Garware Hi-Tech Films Ltd - 500655 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Information regarding issuance of ''Letter of Confirmation'' in lieu of share certificate lost21-08-2023
Garware Hi-Tech Films Ltd - 500655 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that post announcement of Financial Results for the Quarter ended June 30, 2023, the company will host an 'Q1 FY24 Earnings Conference Call' on Tuesday, August 22, 2023, at 02:00 PM IST.17-08-2023
Q1FY24 Quarterly Result Announced for Garware Hi-Tech Films Ltd.
Containers & Packaging company Garware Hi-Tech Films announced Q1FY24 results: Revenue of Rs 380 crore in Q1FY24 compared to Rs 370 crore in Q1FY23, up 2.7% YoY EBITDA of Rs 73 crore in Q1FY24 compared to Rs 71 crore in Q1FY23, up 2.9% YoY Cash Profit of Rs 54 crore in Q1FY24 compared to Rs 52 crore in Q1FY23, up 3.3% YoY PBT of Rs 59 crore in Q1FY24, down 1% YoY PAT of Rs 44 crore in Q1FY24 compared to Rs 43 crore in Q1FY23, down 1.9% YoY EPS of Rs 18.81 in Q1FY24 compared to Rs 19.17 in Q1FY23 Debt prepaid by Rs 50 crore, total debt presently at Rs 73 crore. Solar protection and speciality films saw a recovery in volumes during Q1FY24 compared to Q4FY23. Commenting on the results, Dr. S B Garware, Chairman and Managing Director, said, "GHFL has embarked on a major transformation journey with speciality films, expanded distribution channels, and a customer-centric approach at its core. Building on the initiatives undertaken a few years ago, the company has effectively positioned itself as a leading manufacturer and exporter of Solar Control Films, Paint Protection Films, and other specialised polyester films. In addition, the commitment to financial improvement is reflected in a strong balance sheet with a healthy cash reserve and a remarkable achievement of zero net debt.” Monika Garware, Vice Chairman and Joint Managing Director added, "Improving our product mix towards value-added films remains a top priority, supported by expected macroeconomic improvements in key markets such as the US and Europe. While the poly-film industry faces challenges from overcapacity and oversupply, GHFL's outstanding performance is attributed to its commitment to value-added products and its ability to navigate through global macroeconomic adversity. These high-value-added speciality films account for a significant 80% of the company's total revenues, playing a key role in maintaining revenue stability and driving profitability.” Result PDF14-08-2023
Garware Hi-Tech Films Ltd - 500655 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Please find enclosed herewith copies of Newspaper Publication containing publication of unaudited Financial Results for quarter ended June 30, 202312-08-2023