Unaudited Financial Results for the Quarter Ended June 30, 2026

Media Release GHFL Delivers Record Quarterly Revenue and Profitability; EBITDA Margin Crosses 30% Peak Revenue Backed By Strong Momentum in Architectural and Continued Momentum in Automotive Segment Mumbai, August 6, 2026: Garware Hi-Tech Films Limited (GHFL), a global manufacturer of Solar Control Films, Paint Protection Films and other Specialty Films, announced its unaudited FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2026 Consolidated Financial Summary INR crores (except EPS) Particulars Q1 FY27 Q1 FY26 Y-o-Y% Q4 FY26 Q-o-Q% Revenue from operations 633 495 28% 597 6% EBITDA 192 123 56% 157 22% EBITDA Margin % 30.3% 24.8% 544 bps 26.2% 404 bps PBT 176 110 60% 142 24% PBT Margin % 27.9% 22.3% 558 bps 23.9% 401 bps Cash Profit 148 96 54% 119 24% PAT 133 83 60% 108 23% PAT Margin % 21.0% 16.8% 418 bps 18.1% 282 bps EPS in ₹ 57 36 60% 47 23% Q1FY27: Best Ever Quarter with Highest ever Revenue & Profitability • Robust top-line performance: Rs 633 crore (up 28% YoY; 6% QoQ), driven by demand revival and improved realizations across segments, marking the strongest quarter in the Company’s history. • Margin expansion: EBITDA at Rs 192 crore (up 56% YoY; 22% QoQ) with margin at 30.3% up 544 bps YoY, led by operating leverage, favourable product mix, and sustained cost efficiencies. • Earnings momentum: PAT at Rs 133 crore (up 60% YoY; 23% QoQ) with margin at 21.0% up 418 bps YoY, supported by strong operating performance. • Capex-Driven Growth Momentum: TPU line commissioning remains on track for Q3 FY27. The ₹191 crore SCF line, incorporating advanced robotics and automation, is progressing as planned and is expected to commence commercial production in H1 FY28, adding ~1,200 LSF of capacity and strengthening GHFL's specialty films growth pipeline. Media Release • Product innovation gaining traction: The recently launched TPU-based UV printable films, PDLC speciality films, Ceramic Coating and Graphic Solutions witnessed encouraging market traction during the quarter, reflecting growing customer acceptance thereby strengthening GHFL's innovation pipeline. • Global D2C scaling: Expanded Global Application Studios (GAS) footprint with 14 international GAS additions (3 in Middle East, 11 in the USA), strengthening direct-to- consumer reach and global presence. • Domestic D2C presence: Expanded to 250+ Garware Application Studios (GAS) and 9 Global Home Solutions (GHS) across India, with a target to scale GHS to 50 by the end of FY27. • Anti-dumping duty Tailwind: DGTR's recommendation for anti-dumping duty on Chinese TPU-based PPF imports is expected to enhance GHFL's competitive advantage and support the scaling of its domestic PPF business. Commenting on the results, Dr S. B. Garware, Chairman and Managing Director, Garware Hi- Tech Films Limited said: “Our journey has been shaped by the ability to convert film technology into practical solutions for customers. As we begin FY27, our priorities are clear: expand the applications of our products, reach more customers and strengthen Garware Hi-Tech Films’ position in specialised films globally” Ms. Monika Garware, Vice Chairperson and Joint Managing Director, Garware Hi-Tech Films Limited added, “We have started FY27 on a strong note, with Revenue growing by 28% and PAT by 60% YoY. This performance was achieved despite continued geopolitical uncertainty, volatility in global trade and a challenging operating environment. Healthy demand across our key product categories, a better product mix and our presence across domestic and export markets supported the quarter. During the period, we continued to take our products closer to customers through the Garware Application Studios, Global Application Studios and Garware Home Solutions. We also progressed with the groundwork for the new Sun Control Film line, which will expand our capacity and allow us to address a wider range of applications and markets.” Media Release About Garware Hi-Tech Films Limited (GHFL): GHFL (BSE: GRWRHITECH 500655 | NSE: GRWRHITECH), is one of the largest manufacturers of Sun Control window films for architectural & automotive applications, paint protection films and high-end BOPET films for label and industrial applications. The Company has been recognized as a world class brand and leverages its state-of-the-art nano-dispersion and other cutting-edge technologies to maintain its market leadership. Being vertically integrated, it tightly controls product quality and provides a great value proposition to its customers. It has a strong presence in 90+ countries. * * * For further information, please feel free to contact: Amar Yardi Garima Singla Email: amar.yardi@garwarehitech.com Email: garima@goindiaadvisors.com Mobile: + 91 70451 21239 Mobile: +91 9780042377 Q1 FY27 Investor Presentation CONTENTS 01 Business Highlights 02 Company Overview 03 Product Overview 04 ESG Safe Harbour Our discussion may include predictions, estimates or other information that might be considered forward-looking. While these forward-looking statements represent our current judgment on what the future holds, they are subject to risks and uncertainties that could cause actual results to differ materially, some of which maybe beyond management control. No assurance is given about future events or the actual results, which may differ materially from those projected herein. You are cautioned not to place undue reliance on these forward-looking statements, which reflect our opinions only as of the date of this presentation. Please keep in mind that we are not obligating ourselves to revise or publicly release the results of any revision to these forward-looking statements considering new information or future events. Throughout today’s discussion, we will attempt to present some important factors relating to our business that, which we presently believe, may affect our predictions. You should also review our most recent annual reports, disclosures, and regulatory filings for a more complete discussion of these factors and other risks. This presentation does not constitute an offer to sell or a solicitation of an offer to buy or sell GHFL stock and in no event shall the Company be held responsible or liable for any damages or lost opportunities resulting from use of this material or any guidance or any other statements given by the management. Numbers for previous periods may have been regrouped / rearranged / reworked for comparison purpose and for better analysis. Growth rates have been calculated based on reported INR financial information. Message from the CMD Dr. S B Garware Chairman and Managing Director “Our journey has been shaped by the ability to convert film technology into practical solutions for customers. As we begin FY27, our priorities are clear: expand the applications of our products, reach more customers and strengthen Garware Hi-Tech Films’ position in specialised films globally.” Ms. Monika Garware Vice Chairperson and Joint Managing Director “We have started FY27 on a strong note, with Revenue growing by 28% and PAT by 60% YoY. This performance was achieved despite continued geopolitical uncertainty, volatility in global trade and a challenging operating environment. Healthy demand across our key product categories, a better product mix and our presence across domestic and international markets supported the quarter. During the period, we continued to take our products closer to customers through the Garware Application Studios, Global Application Studios and Garware Home Solutions. We also progressed with the groundwork for the new Sun Control Film line, which will expand our capacity and allow us to address a wider range of applications and markets.” A GreenPro Certified company Q1 & FY27 Consolidated Financial Performance (Rs. In Cr.) Revenue EBITDA PBT PAT Margins 24.8% 30.3% 22.3% 27.9% 16.8% 21.0% Y 110 83 Q1FY26 Q1FY27 Q1FY26 Q1FY27 Q1FY26 Q1FY27 Q1FY26 Q1FY27 Revenue EBITDA PBT PAT Margins 26.2% 30.3% 23.9% 27.9% 18.1% 21.0% [Showing first 8,000 characters — download PDF for full document]