Garware Hi-Tech Films Limited vs INOX India Limited
An objective side-by-side of GRWRHITECH and INOXINDIA, both in Packaging: valuation, profitability, growth, balance sheet, ownership and share-price performance. Where one number is clearly better on its own terms (lower P/E, higher ROE), it is shaded. That is a description, not a recommendation.
Prices as of 2026-11-06 close
Latest results: GRWRHITECH Sep 2026 · INOXINDIA Sep 2026
At a glance
- Garware Hi-Tech Films Limited is the larger company by market value, about 1.0 times the size of INOX India Limited.
- On trailing earnings, Garware Hi-Tech Films Limited trades at the lower P/E (41.8 against 65.3).
- INOX India Limited earns the higher return on equity (23.3% against 14.7%).
- Over three years Garware Hi-Tech Films Limited has grown profits faster (27% a year against 19%).
- Over the past year the share prices returned +124.3% (GRWRHITECH) and +57.6% (INOXINDIA).
| Metric | Garware Hi-Tech GRWRHITECH |
INOX India INOXINDIA |
|---|---|---|
| Size and price | ||
| Market cap | ₹17,781 Cr | ₹17,004 Cr |
| Share price | ₹7,653.50 | ₹1,870.20 |
| Valuation | ||
| P/E | 41.75 | 65.26 |
| P/B | 6.12 | 15.22 |
| EV/EBITDA | 32.55 | 48.33 |
| PEG | 1.55 | 3.43 |
| Dividend yield | 0.2% | 0.1% |
| Profitability | ||
| ROE | 14.7% | 23.3% |
| ROCE | 18.0% | 33.0% |
| Operating margin | 22.9% | 20.6% |
| Sales (TTM) | ₹2,384 Cr | ₹1,716 Cr |
| Net profit (TTM) | ₹426 Cr | ₹261 Cr |
| Growth | ||
| Latest quarter sales YoY | +22.1% | +27.5% |
| Latest quarter profit YoY | +41.9% | +9.1% |
| Sales CAGR 3Y | +14.0% | +18.0% |
| Profit CAGR 3Y | +27.0% | +19.0% |
| Sales CAGR 5Y | +16.0% | +22.0% |
| Profit CAGR 5Y | +22.0% | +22.0% |
| Financial strength | ||
| Debt/Equity | 0.00 | 0.07 |
| Interest cover | 48.58 | 32.43 |
| Ownership | ||
| Promoter holding | 60.7% | 74.7% |
| Promoter change (4 qtrs) | -0.01 pp | -0.27 pp |
| Price performance | ||
| Return 1M | +10.86% | -10.17% |
| Return 3M | +4.29% | -4.31% |
| Return 1Y | +124.32% | +57.56% |
| Return YTD | +146.10% | +64.91% |
| Technical condition | ||
| Technical score | 74 | 34 |
| RS rating (1-99) | 96.00 | 88.00 |
| % vs 200-DMA | +35.63% | +13.04% |
| RSI (14) | 66.46 | 41.76 |
| % from 52-week high | -4.21% | -20.06% |
