This stock turns ₹1L investment into ₹9.5cr in 25 years!
What's the story
The Indian stock market has been a goldmine for multibagger stocks, greatly boosting the wealth of long-term investors.
A perfect example of such a stock is Garware Hi-Tech Films Ltd (GHFL).
In the last 25 years, GHFL's share price has soared from ₹4.40 to its present value of ₹4,201 per stock. This amounts to an incredible return of around 955 times during this period.
A ₹1 lakh investment 25 years back and held over time would grow to ₹9.55 crore.
Market dynamics
Stock performance and recent fluctuations
Despite recent fluctuations, GHFL has shown impressive long-term growth.
The stock has risen by 26.17% in the last six months and has gained a remarkable 96.32% in the last year. The three-year increase is an extraordinary 904.42%.
On February 21, 2025, GHFL's share price stood at ₹4,201 on BSE with intraday movements showing a low of ₹4,030 and a high of ₹4,255.95.
Fiscal health
Financial performance and business operations
In the April-June quarter of FY25, GHFL posted a strong 102.2% YoY growth in profit after tax (PAT) at ₹88.40 crore.
The growth was driven by an improved product mix and higher realization of specialty products.
The company, a global producer of solar control films (SCF), paint protection films (PPF), and other specialty polyester films, saw revenue jump 25% YoY to ₹474.50 crore on sustained growth in these businesses.
Industry standing
Market position and product portfolio
GHFL is India's leading producer of polyester films and high-margin specialty films. The company's global brands, 'SunControl Window Films' and 'Global Window Films,' are known for their quality and innovation.