Garware Hi-Tech Films Share Price Target 2025, 2026, 2030, 2040, 2050

Garware Hi-Tech Films, once known as Garware Polyester Limited. It is an Indian company that makes polyester films, including films for sun control and paint protection. It was founded in 1957 by Shashikant Garware and is known for making BOPET films used in packaging and window films. With over 90 years of experience, the company focuses on quality and sustainability. It has around four plants and sells products in more than 100 countries, making it a major name in the global film industry.

What is Garware Hi-Tech Films Ltd NSE: GRWRHITECH?

Garware Hi-Tech Films was founded in 1957 and is located in Mumbai, India. It is a part of the Garware Group and is well known for making different types of films from plastic. These films are used in many industries like packaging, farming, cars, and other industrial areas. The company makes films that are used to pack food, protect surfaces, help plants grow better, and much more. It focuses on producing high-quality products while being environmentally friendly and expanding its business in India and other countries.

Share price Target Tomorrow

The stock reached its all-time high price in the last year but after that, it fell continuously. At the recent time, the stock made a very strong bearish candle and could fall more in the coming days. So for now the stock is in a bearish trend and is likely to stay for some days as the support level is near. So for a buying opportunity, you should wait for a good opportunity.

Day	Minimum Price (Rs)	Maximum Price (Rs)
Tomorrow	-138	+225

Garware Hi-Tech Films share price Target 2025

Garware Hi-Tech Films, originally known as Garware Polyester. With over 90 years of experience, the company has become one of the most important names in the global market for high-performance films. It is known for focusing on new ideas, using the latest technology, and creating high-quality products. This has made the company a trusted choice for many industries around the world.  In 2025, its share price target would be ₹5385, as per our analysis.

By our prediction, its share price would be between ₹1934 to ₹5385 in 2025.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2025	1934	5385

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	3200	5254
February	3150	4310
March	3701	4543
April	2331	3890
May	2154	4325
June	1934	4368
July	2587	4564
August	3541	4734
September	3751	4954
October	4154	5138
November	4524	5247
December	4851	5385

Garware Hi-Tech Films share price Target 2026

The owner of the company Dr. Garware has been a key part of the company’s success, helping it grow and stay ahead in the industry. He introduced many new ideas and technologies that made a big difference. One of his biggest achievements was in 1982 when he created U.V. Stabilized Polyester Film. It was a major step forward for Garware and showed Dr Garware’s forward-thinking approach to the industry. In 2026, its share price target would be ₹8065, as per our prediction.

Its share price would be between ₹4851 to ₹8065 in 2026, as per our analysis.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2026	4851	8065

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	4851	5358
February	5125	5565
March	5245	5847
April	5355	6035
May	5517	6358
June	5841	6938
July	6357	7154
August	6515	7256
September	6425	7336
October	6848	7615
November	7356	7825
December	7587	8065

Share price Target 2027

At present it offers a wide range of products, including films for controlling sunlight on windows, safety and security films, and films that protect paint. These products are used in various industries such as cars, buildings, and factories. The company is the largest manufacturer of sun control films in the world and the first and largest producer of paint protection films in India. In 2027, its share price target would be ₹11018, as per our analysis.

By our prediction, its share price would be between ₹7587 to ₹11018 in 2027.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2027	7587	11018

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	7587	8155
February	7841	8541
March	7745	8854
April	7935	9036
May	8325	9535
June	8633	9954
July	9024	10154
August	9332	10357
September	9645	10524
October	9841	10625
November	10142	10874
December	10524	11018

Share price Target 2028

It is recognized for its achievements and has won several important awards. These include the Gold Shield Award from the Government of India and the CII Innovation Award in 2023, which show the company’s focus on quality and innovation. It has also been named a Top Exporter by the Plex Council for over 40 years, proving its strong presence in global markets. These awards highlight the company’s commitment to success and excellence. In 2028, its share price target would be ₹14285, as per our prediction.

Its share price would be between ₹10524 to ₹14285 in 2028, as per our analysis.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2028	10524	14285

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	10524	11141
February	10745	11425
March	10957	11784
April	11245	12241
May	11574	12687
June	11454	12890
July	11741	13254
August	12415	13415
September	12674	13741
October	12924	13954
November	13354	14114
December	13745	14285

Share price Target 2029

The company is one of the top manufacturers of polyester film in the country. Currently, it is focused on making special types of polyester films, such as Sun Control films for windows in cars, buildings, and other places. It also makes Paint Protection films for cars and many other types of speciality polyester films. Before making these speciality films, the company mainly produced moulds and dyes for plastic manufacturers. In 2029, its share price target would be ₹17506, as per our analysis.

By our prediction, its share price would be between ₹13745 to ₹17506 in 2029.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2029	13745	17506

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	13745	14657
February	13957	14894
March	13841	15241
April	14125	15541
May	14321	15748
June	14541	15924
July	14746	16124
August	15000	16354
September	15254	16741
October	15547	16981
November	16125	17254
December	16574	17506

Garware Hi-Tech Films share price Target 2030

In 1976, another company called Garware Plastics joined it, and the company’s name was changed to Garware Plastics and Polyesters. After some time, the company took on its current name and became a part of the Garware Group. The company also started producing products like video magnetic tapes, computer tapes, audio magnetic tapes, U-matic video cassettes, and special products such as sun-control films. In 2030, its share price target would be ₹21265, as per our prediction.

Its share price would be between ₹16574  to ₹21265 in 2030, as per our analysis.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2030	16574	21265

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	16574	17325
February	16758	17564
March	16505	18254
April	16874	18574
May	17054	18784
June	17425	19354
July	17745	19658
August	18321	19874
September	18541	20254
October	19148	20454
November	19745	20867
December	20325	21265

Share price Target 2040

In the 90s, the company started a new business called Garware Chemicals to make a product called dimethyl terephthalate, which is the main material used to make polyester films. The company also has other businesses. The production of DMT began in the early part of 1999. By the time they performed much better and at the current time it is recognised as a strong brand. In 2040, its share price target would be ₹49263, as per our analysis.

By our prediction, its share price would be between ₹44042 to ₹49263 in 2040.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2040	44042	49263

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	44042	45254
February	44541	45745
March	44875	45965
April	45145	46368
May	45325	46745
June	45874	46964
July	46254	47325
August	46541	47651
September	46874	47982
October	47214	48587
November	47680	48874
December	48140	49263

Share price Target 2050

The company set up warehousing and marketing in Miami (USA) and the UK. It started using better business management, created its email server, made a website with helpful information, installed CCTV for better security, and set up fast internet for all plants. The company merged with Garware Chemicals Limited (GCL), which led to more shares being issued and increased its capital. In 2050, its share price target would be ₹84650, as per our prediction.

Its share price would be between ₹77970 to ₹84650 in 2050, as per our analysis.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2050	77970	84650

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	77970	78815
February	78254	79325
March	78542	79687
April	78845	79874
May	79325	80254
June	79554	80878
July	79878	81584
August	81254	81947
September	81568	82578
October	82674	83187
November	82845	83784
December	83125	84650

Should I buy Garware Hi-Tech Films stock?

Year	Minimum Price (Rs)	Maximum Price (Rs)
2025	1934	5385
2026	4851	8065
2027	7587	11018
2028	10524	14285
2029	13745	17506
2030	16574	21265
2040	44042	49263
2050	77970	84650

It is a well-known company with a strong presence worldwide, focusing on new ideas and being eco-friendly, which makes it a good choice for long-term investment. Right now, the stock is going down, and it might keep falling in the short term. If you’re looking to make quick profits, it’s better to wait for a better time to buy. But if you plan to invest for a longer period, the company’s growth potential suggests the stock could do well in the coming years. So, if you’re okay with some short-term ups and downs, this stock could be a good option for the long term.

Garware Hi-Tech Films earning results

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales +	925	989	1,303	1,438	1,677	2,008
Expenses +	763	770	1,065	1,211	1,395	1,593
Operating Profit	162	219	238	227	282	415
OPM %	17%	22%	18%	16%	17%	21%
Other Income +	12	15	39	42	39	49
Interest	18	20	18	17	12	9
Depreciation	20	24	28	32	39	41
Profit before tax	135	190	231	220	270	415
Tax %	36%	34%	28%	24%	25%
Net Profit +	86	126	167	166	203	311
EPS in Rs	37.03	54.21	71.96	71.51	87.50	133.96
Dividend Payout %	27%	18%	14%	14%	11%

Key Metrics

TTM PE Ratio	PB Ratio	Dividend Yield	Sector PE	Sector PB	Sector Div Yld
23.96	3.65	0.31	29.27	3.34	1.41%

Peers & Comparison

Stock	PE Ratio	PB Ratio	Dividend Yield
Garware Hi-Tech Films Ltd	36.68	3.65	0.31%
Solar Industries India Ltd	122.25	29.82	0.08%
Linde India Ltd	121.17	15.17	0.19%
Sumitomo Chemical India Ltd	77.38	11.70	1.03%

Is Garware Hi-Tech Films stock good to buy? (bull case & bear case)

Bull Case:

• It is a big brand in making films (like plastic films) in India. They also control a large part of the shrink film market, which could help them grow more.
• In the latest quarter (ending December 2024), It made a profit of ₹66 crore, which is more than ₹58 crore in the previous quarter. This means the company is doing well.
• The stock price reached an all-time high in November 2024, showing that investors believe in the company.
• It is paying off its debt, which makes the company stronger financially.

Bear Case:

• The stock price is higher than the industry average, which might mean it’s too expensive right now.
• The company’s return on equity (ROE) is around 9.7%, which is lower than other similar companies. This means they’re not making as much profit with their shareholders’ money.
• The stock price has been very volatile, it can change a lot in a short time.
• The company pays a small dividend of about 0.25%.

Conlcusion

It is a well-known company with over 90 years of experience in making polyester films. The company focuses on quality, innovation, and being eco-friendly, making it a leader in the global market. Right now, its stock price is falling, but the company has a lot of growth potential because of its variety of products and its expansion into new markets. The stock is priced higher than other companies in the industry, it has strong earnings and a good market position, making it a good choice for long-term investment. If you’re looking for quick profits, it might be better to wait, but for long-term investors, Garware Hi-Tech Films could be a good option.

FAQs