The company has said they will continue to add more than 200 application studios( initially they were supposed to go from 160 to 200 but seeing nice demand they will expand further)
cash reserves stand at 544 cr and 0 net debt
The new plant of ppf will be operational from Q2 FY26, this quarter ppf was running at 135% utilization, and scf us running at 100%.
added 5 new regions/international countries (that is why volume growth is seen in this quarter)
with colored ppf coming and titanium ppf , the ppf segment of the company might take market from 2% to 10% level( 5 times of current).
Despite Q2 and Q3 traditionally being a lean season for SCF, this quarter PPF segment drives volume growth(SCF grew by 64% year-on-year, while PPF grew by 67%, while IPD grew by 30%), Q3 might see a seasonal dip but Q4 will show nice numbers
architectural film is experiencing growth, running at a 100% yoy growth rate. This include spectrally selective films and the DecoVista series.
Market has started discounting expected tariffs on Indian exporters by Trump administration to boost thier own local manufacturing industry. The primary reason for US to behave like this is possible de dollarisation as many Eastern countries like China, Russia and India have reduced thier US dollar buying rate and are diversifying thier forex reserves into other currencies and gold. So, basically the unlimited capability of US to keep printing dollars (due to reserve currency status) is being challenged now. And these are US reactions to handle the situation. If, de dollarisation happens at all, that would not be good for exporters in long run as well. This is just one of the possible outcome from here.
Garware Hitech filmsâs 77% revenue comes from exports and out of that 2/3 rd comes from US. Cant remember any other Indian listed manufacturing company which has such high exposure to US. There are many IT companies like that but hardly any manufacturing company.
It is close to impossible to predict macro economic outcomes because of more variables than we can ever cater for. So, these predictions hold no value more than a coin toss. It is possible that American government increase more taxes on countries like China, Mexico and Canada because US has maximum trade deficit from these countries. There are many countries like Vietnam and few others, who enjoys nill tariff environment in US. So, itâs possible that Indian exporters may end up benefiting. However, this is just one more of the many possible outcomes. Currently market definately thinks otherwise.
Disclosure: Invested. No opinions on future outcomes. Just the update on whatâs happening in the world right now.
My above post was flagged and hidden by the valuepickr community moderators. I did not understand the reason for it. I have read all the rules which states the reason when somebodyâs post can be flagged or hidden. I would like to know which rule i did not comply with while writing the above post. All the figures which i quoted are taken from official documents like earning calls and investor presentations of the company.
Anybody can flag a post by selecting a certain reason or providing one manually ,there are no rules for it . So itâs not necessary that the post was flagged by a moderator.Anyone could have done so.Till the moderators review it and decide one way or the other ,the post stays hidden .
Garware launches 2 new products + EMIs + Insurance:
Coloured PPF: A gameâchanger for Indian auto enthusiasts, introducing vibrant colour options to
personalize and protect vehicles like never before. Headlight & Taillight Glass Protection: Pioneering advanced solutions to safeguard the brilliance of
your carâs lighting systems EMI Solutions with Bajaj Finance: Making premium protection accessible for every Indian car owner
with lowâcost flexible financing options PPF Insurance in Partnership with Insurance Dekho: The firstâofâitsâkind comprehensive insurance
coverage for PPF in India, redefining car care security ensuring longâterm stressâfree utilization
