Last Updated2026-06-02

Market View

₹5,894.5(▲1.39%)

Reporting PeriodQ4 FY26

GRWRHITECHGarware Hi-Tech Films Limited Forensic Risk Analysis

Name: Garware Hi-Tech Films Limited Structural Risk Analysis
Creator: Flagium AI
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

Plastic Products - Industrial

Risk ClassStable

Market Cap₹9,516 Cr

Primary DriverCompetitive Position

Flagium AI Risk Score

15 / 100

+5 QoQ

Deteriorating

Sentinel Insight

Financial profile remains stable for now. Weakness is detected in competitive position. No immediate concerns are visible. Risk is increasing at a faster pace.

46.1th %ile (Sector)Accel: +3 Qtrs

Updated2026-06-02

Market View

₹5,894.5▲1.39%

PeriodQ4 FY26

Score Waterfall
Absolute contribution points of each forensic pillar to the final risk score. Derived from: Sector Baseline + Active Penalties - Mitigation Buffers.

Competitive Position

+14.4 pts

Growth Sustainability

+10.0 pts

Balance Sheet Stress

+8.8 pts

Stability Adjustment

-18.0 pts

Final Composite Risk15 / 100

Investment Risk Thesis

Historical Trend

Current risk score has risen from 0 → 15 over 12 quarters.

Expected Direction

🚨 Escalate

Primary Deterioration Drivers

Inventory Stress
Relative Growth Weakness
Working Capital Expansion

What to Watch Next Quarter

Inventory turnover
Operating profit margins
Operating cash flow

Active Risk Objects (5)

CriticalHigh

Inventory Stress

📊 Earnings QualityAnnualActive for 3 Years

More Detail

Impact Weight15/15

MomentumPersistent

Last SignalQ4 FY2026

Inventory growth (25.8%) significantly outpaced revenue growth (9.4%).

"Stock is piling up in the warehouse. Inventory turnover is slowing down dangerously."

Relative Growth Weakness

📊 Earnings QualityAnnualActive for 2 Years

More Detail

Impact Weight12/15

MomentumAccelerating

Last SignalQ4 FY2026

Revenue growth consistently lags behind sector median (12.8%).

"Earnings quality is under severe pressure. High accruals suggest potential revenue overstatement."

Cash Conversion Deficit

📊 Earnings QualityAnnualActive for 2 Years

More Detail

Impact Weight6/15

MomentumAccelerating

Last SignalFY2026

GRWRHITECH: OCF below Net Profit in 3/3 recent years.

"Cash conversion is dangerously low. Operational cash flow is significantly trailing reported PAT."

Working Capital Expansion

💧 Liquidity & CoverageAnnualActive for 4 Years

More Detail

Impact Weight10/15

MomentumPersistent

Last SignalQ4 FY2026

Working capital expansion detected: Receivable days increased by 15.5%.

"Early signs of working capital expansion. Receivable or inventory days are creeping up."

Operating Leverage Stress

📊 Earnings QualityAnnualActive for 2 Years

More Detail

Impact Weight10/15

MomentumAccelerating

Last SignalQ3 FY2026

Expenses are consistently growing faster than revenues, creating operational pressure.

"Debt levels are creeping up. Monitor for signs of excessive borrowing for non-core activities."

Risk Trajectory

Loading Chart

Resilience Matrix

Metric	Value	vs Sector	Signal
Volatility (σ)	4.09	7.86	✅ RESILIENT
Sensitivity (ε_s)	1	1.00	✅ RESILIENT
Escalation Prob.	5%	5%	✅ NEUTRAL
Safety Buffer	+51.0	+49.0	✅ RESILIENT

Forensic Benchmark Context: Plastic Products - Industrial (n=14 peers)

Correlation Analysis
Visualizing the relationship between stock price movement and structural risk objects.

Loading Chart

Share Price

Risk Score (0-100)

Market Performance

₹5,894.5(+1.39%)

1M Divergence+45.13%

1 Week+1.67%

1 Month+47.4%

6 Months+59.73%

1 Year+29.84%

2 Year+228.89%

3 Year+670.23%

Sector Average (1M)+2.27%

Sentinel Forensic Assessment

ALGORITHMIC RISK PROFILE • NON-ADVISORY

The structural architecture is currently robust. Capital resilience buffers in competitive position remain well-maintained against forensic benchmarks. Systematic scans of core structural metrics confirm the absence of material structural stress. Strategic vigilance is advised as structural decay is accelerating.

GRWRHITECH • MARKET STRUCTURE

Stage 2 — Advancing

The company is in a growth phase. Institutional sentiment is highly positive, supported by strong fundamentals and sustained risk reduction.

Stage Transition Prob.99%

Trend QualityStrong

Phase Progression

Phase Progression Score100%

Readiness LabelHigh (Phase Transition Imminent)

Probability of Advancing99%

CoinTree Momentum

Composite Z-Score+1.8380σ

Strong positive momentum leadership

Universe Rank#106 of 2716

Top 3.90% in momentum strength

Timeframe Sparklines

1W+1.7%

1M+47.4%

6M+59.7%

Weinstein Indicators

150 DMA₹3,900.9

200 DMA₹3,683.65

150 DMA Slope+8.9035%Rising

Relative Strength+65.22%Leading

Relative Turnover (RTR)2.3395

ParticipationHealthy

PEER COMPARISON

Ranked comparison against sector peers

Risk profile is broadly in line with the Sector Mean (17).

Ticker	Risk Score	Sector %ile	Delta	Flags	Accel	Primary Driver
ASTRALAstral Limited	12	31th	-5	10	+0	Earnings QualityStable
GRWRHITECHGarware Hi-Tech Films Limited	15	46th	+5	5	+3	Competitive PositionStable
FINPIPEFinolex Industries Limited	27	92th	-5	18	+0	Competitive PositionWatch
APOLLOPIPEApollo Pipes Limited	40	100th	+5	20	+5	Earnings QualityModerate Deterioration