Garware Polyester is engaged in the business of manufacturing of Polyester Films.
The company is a leading Indian manufacturer of polyester films and high-margin specialty films. It is also the sole producer of Solar Control window films in India and the only company globally with backward integration for producing the raw materials and components needed for these films. It is a leading player in India's shrink film market with a 70% market share.
Geographical Split
America: 55% in Q2 FY25 vs 33% in FY22
India: 19% in Q2 FY25 vs 27% in FY22
Europe: 12% in Q2 FY25 vs 15% in FY22
Others: 14% in Q2 FY25 vs 25% in FY22
The company is a leading Indian manufacturer of polyester films and high-margin specialty films. It is also the sole producer of Solar Control window films in India and the only company globally with backward integration for producing the raw materials and components needed for these films. It is a leading player in India's shrink film market with a 70% market share.
Geographical Split
America: 55% in Q2 FY25 vs 33% in FY22
India: 19% in Q2 FY25 vs 27% in FY22
Europe: 12% in Q2 FY25 vs 15% in FY22
Others: 14% in Q2 FY25 vs 25% in FY22
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