Ester Industries Ltd · ESTER⚠ unverified
—
—
—
—
—
₹193 Cr
₹295 Cr
₹258 Cr
₹261 Cr
₹268 Cr
₹277 Cr
₹286 Cr
₹331 Cr
₹346 Cr
₹319 Cr
₹338 Cr
₹354 Cr
₹339 Cr
₹344 Cr
—
20-quarter listed-company comparison
Packaging - Films Stocks in India
Packaging - Films: Garware Hi Tech Films Ltd owns the largest revenue base; Ester Industries Ltd has the fastest current growth.
01 · the index people search for
Nifty Packaging - Films Index — Constituents & Performance
The Packaging - Films companies below are the listed Indian Packaging - Films universe this page tracks — the same constituent set people search for as the Nifty Packaging - Films index. Every figure is equal-weighted across those companies, so one large constituent cannot set the reading. Each number carries its own as-of date.
02 · the sector itself · before any single company
How has Packaging - Films moved against NIFTY 500?
The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the most recent two of them this sector is 24% ahead of NIFTY 500. Earnings across its companies fell 21% on average over the last four reported quarters.
FADING · −1 in 4w✓Price up, without the fundamentals confirming1 of 3 companies ahead of NIFTY 500 by 5% or more over three months
RS — · 2/3 >200d (+0) · 1/3 lead (−1) · EPS 2/3↑
Packaging - Films, equal-weighted, based at 200
NIFTY 500, same base, same start
trailing 12-month earnings per share rising
falling
Packaging - Films, equal-weighted, based at 200
NIFTY 500, same base, same start
trailing 12-month earnings per share rising
falling
Packaging - Films, equal-weighted, based at 200
NIFTY 500, same base, same start
trailing 12-month earnings per share rising
falling
Both lines start at 200 in the same week, so the distance between them is the whole story: the sector line is an equal-weighted index of its 3 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the sector taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.
03 · sector relative strength, before individual stocks
Is Packaging - Films outperforming NIFTY 500?
Packaging - Films has outperformed NIFTY 500 by 22.5% over the last 52 weeks. Over 13 weeks the gap is a shortfall of 1.1%. 1 of 3 covered companies currently beats NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Garware Hi Tech Films Ltd is the strongest against the sector itself at +42.3%.
-1.1%Sector vs NIFTY 500 · 13 weeks
+22.5%Sector vs NIFTY 500 · 52 weeks
1/3Stocks leading NIFTY 500
1/3Stocks leading sector
Sector metric: 25.8 as of 2026-08-09 · CONSOLIDATION · falling.
The central tension: the companies with the most scale are not necessarily the companies creating the most change.
Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.
Bottom line
Packaging - Films has outperformed NIFTY 500 by 22.5% over 52 weeks and 1.1% over 13 weeks. 1 of 3 covered companies beat NIFTY on Mansfield relative strength, while 1 of 3 beat the sector itself. Garware Hi Tech Films Ltd leads with revenue of ₹2,259 crore, based on 3 of 3 comparable companies through Jun 2026.
Companies
3
complete canonical membership
Combined market value
₹19.7K Cr
Garware Hi Tech Films Ltd
Revenue growing
2/3
positive TTM year-on-year growth
Beating NIFTY 500
1/3
positive Mansfield relative strength
Comparing 3 of 3
04 · research priority, made explicit
Best Packaging - Films Stocks in India (Aug 2026), Ranked by Data
4-Factor Sector Score
An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.
Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
Garware Hi Tech Films Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 97% evidence confidence.
How this score is built, and what the marks mean
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
Top 10 Packaging - Films Stocks in India
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Garware Hi Tech Films LtdGRWRHITECH | 67.2/100Favorable setup97% evidence | LEADER | 19.0/35 Revenue 6.1% · PAT 19% · OPM change 5 pp 100% evidence | 16.6/25 ROCE 18% · OPM 27% 100% evidence | 11.6/20 P/E 41.8× · PEG 0.65 85% evidence | 20.0/20 RS sector 42.3% · RS bench 58.8% · 1Y 109.8%12 of 12 weeks ahead 100% evidence |
| Exact sum: 19 + 16.6 + 11.6 + 20 = 67.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 2XPRO India LtdXPROINDIA | 26.9/100Adverse evidence81% evidence | ASLEEP | 16.0/35 Revenue -1.2% · PAT 76.6% · OPM change 10.8 pp 74% evidence | 4.7/25 ROCE 3.8% · OPM 9.1% 100% evidence | 5.0/20 P/E 79× · PEG 4.6 50% evidence | 1.2/20 RS sector -14.9% · RS bench -2.6% · 1Y -0.9%11 of 12 weeks ahead 100% evidence |
| Exact sum: 16 + 4.7 + 5 + 1.2 = 26.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 3Ester Industries LtdESTER | 24.7/100Adverse evidence67% evidence | ASLEEP | 8.3/35 Revenue 7.3% · PAT -80% · OPM change 0.8 pp 83% evidence | 3.4/25 ROCE 2.8% · OPM 12.2% 95% evidence | 10.0/20 P/E — · PEG — 0% evidence | 3.0/20 RS sector -23% · RS bench -14.4% · 1Y -22.5%0 of 11 weeks ahead 70% evidence |
| Exact sum: 8.3 + 3.4 + 10 + 3 = 24.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
05 · what price has already done
Market action
Garware Hi Tech Films Ltd has the strongest one-year price move in Packaging - Films at +109.8%. It also leads on Mansfield relative strength against NIFTY at +58.8%. 1 of 3 covered companies is above zero on that measure. Every line covers 313 weekly closes through 2026-08-07.
Price and relative strength
Every company, the sector's own index and NIFTY 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.
How far ahead of or behind NIFTY 500 each company has been running, measured against its own recent average of that comparison, so the flat line at zero IS NIFTY 500: above it the company is beating the market, below it the market is beating the company. It opens on one year.
The same measure taken against Packaging - Films itself instead of the whole market, so the flat line at zero is the sector: above it the company is beating its own peers, which is the sharper test of the two. It opens on one year.
06 · compare level, then change
Revenue Scale & Growth Durability
Garware Hi Tech Films Ltd has the highest Revenue among the 3 Packaging - Films companies compared here, at ₹2,259 crore. Ester Industries Ltd is next at ₹1,375 crore. Ester Industries Ltd has the highest Revenue growth at 7.3%, so level and change sit with different companies. 3 of 3 companies report a comparable reading, the latest through Jun 2026.
What the numbers say: Garware Hi Tech Films Ltd is the scale leader at ₹2,259 crore, 64.3% ahead of Ester Industries Ltd. Ester Industries Ltd's growth is 7.3% from a ₹1,375 crore base, with 14 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.
LeaderGarware Hi Tech Films Ltd · ₹2,259 crore
Gap64.3% versus #2 · Ester Industries Ltd
Persistence6/8 recent comparable periods
Coverage3/3 companies · 54 observations
Investor read: Garware Hi Tech Films Ltd is the scale benchmark; Ester Industries Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.
This conclusion weakens if: Garware Hi Tech Films Ltd's growth falls below Ester Industries Ltd's for two consecutive comparable reports while operating margin also compresses.
Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.
Revenuelargest
Revenue growthfastest growers
Revenue · company comparison
3/3 level · 3/3 change
On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.
All-company data · latest reported quarter
In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Revenue | Revenue growth | Reported |
|---|---|---|---|
| Garware Hi Tech Films Ltd GRWRHITECH | ₹633 Cr | 28% | Jun 2026 |
| Ester Industries Ltd ESTER⚠ unverified | ₹344 Cr | 7.7% | Mar 2026 |
| XPRO India Ltd XPROINDIA | ₹174 Cr | 20% | Jun 2026 |
Full 20-quarter history · every available company
Revenue · reported quarter history
Garware Hi Tech Films Ltd · GRWRHITECH
₹340 Cr
₹334 Cr
₹324 Cr
₹370 Cr
₹395 Cr
₹324 Cr
₹349 Cr
₹380 Cr
₹397 Cr
₹454 Cr
₹447 Cr
₹474 Cr
₹621 Cr
₹466 Cr
₹548 Cr
₹495 Cr
₹570 Cr
₹459 Cr
₹597 Cr
₹633 Cr
XPRO India Ltd · XPROINDIA
₹127 Cr
₹111 Cr
₹143 Cr
₹160 Cr
₹134 Cr
₹93 Cr
₹124 Cr
₹131 Cr
₹110 Cr
₹96 Cr
₹128 Cr
₹139 Cr
₹134 Cr
₹105 Cr
₹158 Cr
₹145 Cr
₹120 Cr
₹106 Cr
₹134 Cr
₹174 Cr
Revenue growth · reported quarter history
Ester Industries Ltd · ESTER⚠ unverified
—
—
—
—
—
—
—
—
—
39%
-6.1%
11%
27%
29%
15%
18%
7.0%
-1.9%
7.7%
—
Garware Hi Tech Films Ltd · GRWRHITECH
—
—
—
21%
16%
-3.0%
7.7%
2.7%
0.5%
40%
28%
25%
56%
2.6%
23%
4.4%
-8.2%
-1.5%
8.9%
28%
XPRO India Ltd · XPROINDIA
—
—
—
76%
5.5%
-16%
-13%
-18%
-18%
3.3%
3.6%
5.8%
22%
8.8%
23%
4.6%
-11%
1.7%
-15%
20%
07 · compare level, then change
Operating Economics & Margin Trend
Garware Hi Tech Films Ltd has the highest OPM among the 3 Packaging - Films companies compared here, at 27%. Ester Industries Ltd is next at 12.2%. XPRO India Ltd has the highest Margin change at +10.8 percentage points, so level and change sit with different companies. 3 of 3 companies report a comparable reading, the latest through Jun 2026.
What the numbers say: Garware Hi Tech Films Ltd leads opm at 27%; XPRO India Ltd leads margin change at +10.8 percentage points.
LeaderGarware Hi Tech Films Ltd · 27%
Gap121.3% versus #2 · Ester Industries Ltd
Persistence4/8 recent comparable periods
Coverage3/3 companies · 59 observations
Investor read: Garware Hi Tech Films Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current margin change signal.
Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.
OPMhighest
Margin changefastest expanders
Operating margin · company comparison
3/3 level · 3/3 change
All-company data · latest reported quarter
| Company | OPM | Margin change | Reported |
|---|---|---|---|
| Garware Hi Tech Films Ltd GRWRHITECH | 27% | +5.0 pp | Jun 2026 |
| Ester Industries Ltd ESTER⚠ unverified | 12% | +0.8 pp | Mar 2026 |
| XPRO India Ltd XPROINDIA | 9.1% | +10.8 pp | Jun 2026 |
Full 20-quarter history · every available company
OPM · reported quarter history
Ester Industries Ltd · ESTER⚠ unverified
14%
15%
17%
18%
7.7%
-1.0%
3.4%
0.0%
-3.9%
-7.3%
2.2%
3.9%
12%
17%
11%
6.0%
4.0%
4.9%
12%
—
Garware Hi Tech Films Ltd · GRWRHITECH
17%
19%
17%
17%
17%
14%
15%
17%
16%
17%
18%
25%
22%
17%
19%
22%
21%
15%
23%
27%
XPRO India Ltd · XPROINDIA
14%
16%
12%
14%
14%
14%
16%
15%
14%
16%
13%
12%
10%
10%
6.3%
-1.7%
6.1%
10.0%
12%
9.1%
Margin change · reported quarter history
Ester Industries Ltd · ESTER⚠ unverified
−13.5 pp
−5.8 pp
−2.6 pp
−1.1 pp
−6.6 pp
−16.3 pp
−13.3 pp
−18.3 pp
−11.6 pp
−6.3 pp
−1.2 pp
+3.9 pp
+15.9 pp
+24.5 pp
+9.3 pp
+2.1 pp
−8.0 pp
−12.4 pp
+0.8 pp
—
Garware Hi Tech Films Ltd · GRWRHITECH
−9.4 pp
−5.5 pp
−1.0 pp
−2.5 pp
−0.5 pp
−5.4 pp
−2.1 pp
+0.2 pp
−0.9 pp
+3.0 pp
+3.0 pp
+8.0 pp
+6.0 pp
0.0 pp
+1.0 pp
−3.0 pp
−1.0 pp
−2.0 pp
+4.0 pp
+5.0 pp
XPRO India Ltd · XPROINDIA
+1.0 pp
+3.2 pp
+0.2 pp
+2.2 pp
+0.7 pp
−1.9 pp
+3.9 pp
+0.3 pp
−0.7 pp
+1.8 pp
−2.9 pp
−3.2 pp
−3.5 pp
−5.7 pp
−6.8 pp
−13.3 pp
−3.9 pp
−0.1 pp
+5.8 pp
+10.8 pp
08 · compare level, then change
Profit Scale & Acceleration
Garware Hi Tech Films Ltd has the highest Net profit among the 3 Packaging - Films companies compared here, at ₹388 crore. XPRO India Ltd is next at ₹33 crore. The same company also holds the highest Profit growth, at 19%. 3 of 3 companies report a comparable reading, the latest through Jun 2026.
What the numbers say: Garware Hi Tech Films Ltd leads with ₹388 crore of TTM profit, 11.9× the profit of XPRO India Ltd. Garware Hi Tech Films Ltd shows 19% growth from a ₹388 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.
LeaderGarware Hi Tech Films Ltd · ₹388 crore
Gap11.9× versus #2 · XPRO India Ltd
Persistence5/8 recent comparable periods
Coverage3/3 companies · 54 observations
Investor read: Garware Hi Tech Films Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.
Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.
Net profitlargest
Profit growthfastest growers
Net profit · company comparison
3/3 level · 2/3 change
All-company data · latest reported quarter
| Company | Net profit | Profit growth | Reported |
|---|---|---|---|
| Garware Hi Tech Films Ltd GRWRHITECH | ₹133 Cr | 60% | Jun 2026 |
| Ester Industries Ltd ESTER⚠ unverified | ₹8 Cr | 302% | Mar 2026 |
| XPRO India Ltd XPROINDIA | ₹8 Cr | 102% | Jun 2026 |
Full 20-quarter history · every available company
Net profit · reported quarter history
Ester Industries Ltd · ESTER⚠ unverified
—
—
—
—
—
₹-9 Cr
₹-18 Cr
₹-22 Cr
₹-30 Cr
₹-45 Cr
₹-24 Cr
₹-16 Cr
₹3 Cr
₹25 Cr
₹2 Cr
₹-7 Cr
₹-16 Cr
₹-12 Cr
₹8 Cr
—
Garware Hi Tech Films Ltd · GRWRHITECH
₹43 Cr
₹43 Cr
₹45 Cr
₹45 Cr
₹48 Cr
₹30 Cr
₹43 Cr
₹44 Cr
₹46 Cr
₹56 Cr
₹58 Cr
₹88 Cr
₹104 Cr
₹61 Cr
₹78 Cr
₹83 Cr
₹91 Cr
₹56 Cr
₹108 Cr
₹133 Cr
XPRO India Ltd · XPROINDIA
₹11 Cr
₹12 Cr
₹17 Cr
₹19 Cr
₹16 Cr
₹6 Cr
₹4 Cr
₹11 Cr
₹9 Cr
₹11 Cr
₹12 Cr
₹14 Cr
₹10 Cr
₹7 Cr
₹7 Cr
₹-5 Cr
₹5 Cr
₹7 Cr
₹13 Cr
₹8 Cr
Profit growth · reported quarter history
Ester Industries Ltd · ESTER⚠ unverified
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
-623%
-150%
302%
—
Garware Hi Tech Films Ltd · GRWRHITECH
—
—
—
25%
12%
-30%
-4.4%
-2.2%
-4.2%
87%
35%
100%
126%
8.9%
34%
-5.7%
-13%
-8.2%
38%
60%
XPRO India Ltd · XPROINDIA
—
—
—
280%
45%
-46%
-76%
-41%
-41%
65%
211%
24%
4.9%
-30%
-47%
-139%
-50%
-8.6%
102%
—
09 · compare level, then change
Return On Capital Employed
Garware Hi Tech Films Ltd has the highest ROCE among the 3 Packaging - Films companies compared here, at 18%. XPRO India Ltd is next at 3.8%. XPRO India Ltd has the highest ROCE change at -1.6 percentage points, so level and change sit with different companies. 3 of 3 companies report a comparable reading, the latest through Jun 2026.
What the numbers say: Garware Hi Tech Films Ltd leads ROCE at 18%, 14.2 percentage points above XPRO India Ltd. XPRO India Ltd has the strongest latest improvement at -1.6 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.
LeaderGarware Hi Tech Films Ltd · 18%
Gap376.2% versus #2 · XPRO India Ltd
Persistence5/8 recent comparable periods
Coverage3/3 companies · 44 observations
Investor read: Garware Hi Tech Films Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current roce change signal.
ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.
ROCEhighest
ROCE changefastest improvers
Return on capital · company comparison
3/3 level · 3/3 change
All-company data · latest reported quarter
| Company | ROCE | ROCE change | Reported |
|---|---|---|---|
| Garware Hi Tech Films Ltd GRWRHITECH | 14% | −2.1 pp | Jun 2026 |
| XPRO India Ltd XPROINDIA | 3.2% | −1.6 pp | Jun 2026 |
| Ester Industries Ltd ESTER⚠ unverified | 2.0% | −4.7 pp | Mar 2026 |
Full 20-quarter history · every available company
ROCE · reported quarter history
Ester Industries Ltd · ESTER⚠ unverified
26%
—
—
—
8.5%
—
3.6%
—
-4.7%
-4.8%
-7.3%
-4.5%
-2.4%
5.3%
6.7%
8.7%
5.3%
3.0%
2.0%
—
Garware Hi Tech Films Ltd · GRWRHITECH
12%
—
11%
—
11%
—
10%
—
9.9%
13%
12%
17%
16%
20%
16%
20%
15%
17%
14%
—
XPRO India Ltd · XPROINDIA
24%
—
22%
—
29%
—
25%
—
15%
22%
9.2%
16%
7.4%
12%
4.8%
4.9%
3.8%
3.4%
3.2%
—
ROCE change · reported quarter history
Ester Industries Ltd · ESTER⚠ unverified
—
—
—
—
−17.1 pp
—
—
—
−13.2 pp
—
−10.9 pp
—
+2.3 pp
+10.1 pp
+14.0 pp
+13.2 pp
+7.7 pp
−2.3 pp
−4.7 pp
—
Garware Hi Tech Films Ltd · GRWRHITECH
—
—
—
—
−0.8 pp
—
−1.0 pp
—
−1.4 pp
—
+1.4 pp
—
+6.3 pp
+6.4 pp
+4.8 pp
+3.0 pp
−1.7 pp
−2.5 pp
−2.1 pp
—
XPRO India Ltd · XPROINDIA
—
—
—
—
+5.0 pp
—
+2.9 pp
—
−13.9 pp
—
−15.5 pp
—
−7.6 pp
−9.4 pp
−4.4 pp
−10.9 pp
−3.6 pp
−9.0 pp
−1.6 pp
—
10 · compare level, then change
Valuation Against Growth & Quality
Garware Hi Tech Films Ltd has the lowest PEG among the 3 Packaging - Films companies compared here, at 0.65×. XPRO India Ltd is next at 4.6×. The same company also holds the lowest P/E, at 41.8×. 2 of 3 companies report a comparable reading, the latest through Jun 2026.
What the numbers say: Garware Hi Tech Films Ltd has the lowest comparable PEG at 0.65×, 85.9% below XPRO India Ltd. Only 2 of 3 companies have earnings and growth steady enough for the ratio to mean anything, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.
LeaderGarware Hi Tech Films Ltd · 0.65×
Gap85.9% versus #2 · XPRO India Ltd
Persistence0/8 recent comparable periods
Coverage2/3 companies · 11 observations
Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.
This conclusion weakens if: The next two comparable reports reverse the current p/e signal.
PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.
Valuation · company comparison
2/3 level · 2/3 change
All-company data · latest reported quarter
| Company | PEG | P/E | Reported |
|---|---|---|---|
| XPRO India Ltd XPROINDIA | 4.6 | 164.0 | Jun 2026 |
| Garware Hi Tech Films Ltd GRWRHITECH | 0.7 | 45.9 | Jun 2026 |
| Ester Industries Ltd ESTER⚠ unverified | — | 190.0 | Mar 2026 |
Full 20-quarter history · every available company
PEG · reported quarter history
Garware Hi Tech Films Ltd · GRWRHITECH
—
—
0.3
0.3
0.5
—
—
—
—
—
0.6
—
0.7
4.5
0.9
—
0.7
—
0.7
—
XPRO India Ltd · XPROINDIA
—
—
—
—
—
—
—
—
—
—
—
—
—
2.1
4.6
—
—
—
—
—
P/E · reported quarter history
Ester Industries Ltd · ESTER⚠ unverified
8.7
8.9
10.0
10.0
13.8
12.9
13.8
82.3
80.9
—
—
—
-18.0
-119.7
82.7
88.8
45.1
214.2
190.0
—
Garware Hi Tech Films Ltd · GRWRHITECH
14.7
12.2
11.2
9.4
10.0
8.4
7.2
12.4
20.6
20.0
21.5
26.8
33.4
39.6
29.4
29.3
21.5
23.3
25.5
45.9
XPRO India Ltd · XPROINDIA
23.2
35.0
48.7
28.4
20.1
18.9
20.9
32.3
49.7
61.8
61.1
44.7
50.2
68.9
57.0
69.8
136.5
165.3
187.9
164.0
11 · before the conclusion, check the blind spots
What can make this comparison misleading?
This Packaging - Films comparison names 6 specific ways its own evidence can mislead, all listed below. All 3 companies here report on comparable dates, so no rank carries a stale marker. 1 draws at least one figure from a second feed with too little overlap to cross-check. A high growth rate can still be a low-base artefact.
Keep these limits visible
- A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
- A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
- The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
- An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
- 1 company draws at least one figure from a second data feed with too little overlapping history to cross-check against the primary source; it is marked unverified wherever that figure appears.
- Thin comparisons: Valuation have fewer than three usable current readings.
12 · evidence and freshness
How was this comparison built?
This comparison is built from the reported filings of 3 Packaging - Films companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-08-07. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.
FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-08-07 · weekly price and relative-strength history
Derived metricsGrowth, changes and PEG are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
Source standing2 cross-checked · 1 unverified · 0 withheld, of 3 graded companies.
How a second data feed is admitted, and what happens when it disagrees
A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from.
13 · questions investors ask, short speakable answers
Packaging - Films company comparison FAQs
These 23 answers restate the Packaging - Films comparison above in question form. Every one is computed from the same 3 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-08-07. Nothing here is estimated, and none of it is a recommendation.
Is the Packaging - Films sector outperforming NIFTY 500?
Packaging - Films has outperformed NIFTY 500 by 22.5% over 52 weeks and 1.1% over 13 weeks. 1 of 3 covered companies beat NIFTY on Mansfield relative strength, while 1 of 3 beat the sector itself.
Which Packaging - Films company is largest by revenue?
Garware Hi Tech Films Ltd leads with revenue of ₹2,259 crore, based on 3 of 3 comparable companies through Jun 2026.
Which Packaging - Films company is growing fastest?
Ester Industries Ltd has the fastest current revenue growth at 7.3%, across 3 of 3 comparable companies.
Which Packaging - Films company has the strongest 4-Factor Sector Score?
Garware Hi Tech Films Ltd ranks first at 67.2/100 with 97% evidence confidence. The score prioritizes research; it is not a buy recommendation.
Which Packaging - Films company has the lowest comparable PEG?
Garware Hi Tech Films Ltd has the lowest comparable PEG at 0.65, among 2 of 3 companies whose earnings and growth are steady enough for the ratio to mean anything.
How much history does this Packaging - Films comparison include?
The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.
How is the 4-Factor Sector Score calculated?
The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.
Is there a Nifty Packaging - Films index?
NSE India maintains Nifty indices for several broad sector categories — Nifty Bank, Nifty IT, Nifty Pharma and others — but not for every sub-sector grouping on this site. Whether or not an official Nifty index covers Packaging - Films, this page builds its own equal-weight basket of 3 listed Packaging - Films companies — one company, one vote, regardless of market value — so no single large company dominates the reading. Figures are as of Jun 2026.
Which are the best Packaging - Films stocks in India?
Ranked by this page's four-factor score, Garware Hi Tech Films Ltd places first among 3 listed Packaging - Films companies, followed by XPRO India Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.
How many Packaging - Films stocks are listed in India?
This comparison covers 3 listed Packaging - Films companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026.
Which Packaging - Films company is the biggest?
Garware Hi Tech Films Ltd is the largest, with trailing-twelve-month revenue of ₹2,259 crore, ahead of Ester Industries Ltd at ₹1,375 crore. That covers 3 of 3 companies with comparable reporting through Jun 2026.
Which Packaging - Films company has the best profit margins?
Garware Hi Tech Films Ltd has the highest operating margin at 27%, from 3 of 3 comparable companies. XPRO India Ltd shows the biggest recent improvement, at +10.8 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.
Which Packaging - Films company makes the most profit?
Garware Hi Tech Films Ltd earns the most, at ₹388 crore of trailing-twelve-month net profit, from 3 of 3 comparable companies. Garware Hi Tech Films Ltd has the fastest profit growth at 19%, though growth off a small or recovering profit base overstates how much has actually changed.
Which Packaging - Films company earns the highest return on capital?
Garware Hi Tech Films Ltd leads on return on capital employed at 18%, across 3 of 3 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.
Which Packaging - Films stock is the cheapest?
On PEG — where a LOWER number is cheaper — Garware Hi Tech Films Ltd screens cheapest at 0.65×. Only 2 of 3 companies have earnings and growth steady enough for the ratio to mean anything, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.
Is the Packaging - Films sector beating the market?
Packaging - Films has outperformed NIFTY 500 by 22.5% over the last 52 weeks and 1.1% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 1 of 3 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.
Which Packaging - Films stock has the strongest price momentum?
Garware Hi Tech Films Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.
Which Packaging - Films company scores highest for research priority?
Garware Hi Tech Films Ltd scores 67.2 out of 100 with 97% evidence confidence, from 19 points on growth and earnings, 16.6 on capital efficiency, 11.6 on valuation and 20 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.
How many Packaging - Films companies does this comparison cover, and over what period?
It compares 3 listed companies over up to 20 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.
What is the total market cap of the Packaging - Films sector?
The 3 Packaging - Films companies on this page carry ₹19,690 crore of combined market value. Garware Hi Tech Films Ltd is the largest at ₹16,200 crore, about 82% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-13.
How is the Packaging - Films sector performing?
1 of the 3 covered Packaging - Films companies are beating NIFTY 500 on Mansfield relative strength. The sector itself is 22.5% ahead of NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-08-13.
Why are some values on this page blank?
A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.
Is this investment advice?
No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.