Glen Industries Limited submitted an investor presentation detailing audited consolidated and standalone financial results for the half year and financial year ended March 31, 2026. The disclosure was made under Regulation 30 read with Schedule III Part A Para A of SEBI LODR Regulations, 2015.

Financial Performance Highlights

Consolidated Financials (₹ in lakhs):

  • FY26 Revenue: ₹20,312.61, showing 19% growth from FY25 (₹17,066.09) and 40.5% growth from FY24 (₹14,450.02)
  • FY26 PAT: ₹1,650.25, decreased by 9.5% from FY25 (₹1,822.31) but increased 92.3% from FY24 (₹857.89)
  • FY26 EBITDA: ₹3,906.75, decreased by 4.4% from FY25 (₹4,086.01) but increased 57.1% from FY24 (₹2,486.88)
  • H2 FY26 PAT: ₹819.71
  • H2 FY26 EBITDA: ₹1,887.82

Geographical Revenue Breakdown (₹ in lakhs):

  • Domestic: FY26 - ₹14,753.23 (30% growth from FY25's ₹11,352.03)
  • Exports: FY26 - ₹5,559.38 (2.7% decline from FY25's ₹5,714.06)

Balance Sheet Position (₹ in lakhs):

  • Net Worth: FY26 - ₹13,961.04 (138.7% increase from FY25's ₹5,846.19)
  • Fixed Assets: FY26 - ₹12,037.90 (11.3% increase from FY25's ₹10,816.87)
  • Inventories: FY26 - ₹7,841.52 (31.6% increase from FY25's ₹5,959.01)
  • Cash & Bank Balance: FY26 - ₹3,380.07 (significant increase from FY25's ₹206.54)

Operational Metrics

Manufacturing Capacity Utilization:

  • Thin Wall Food Containers: FY26 - 77.74% (6,209 MT production from 7,986 MT capacity)
  • PLA Straws: FY26 - 28.33% (525 MT production from 1,928 MT capacity)
  • Paper Straws: FY26 - 34.13% (387 MT production from 1,134 MT capacity)

Planned Capacity Expansion:

  • Food Containers capacity planned to increase from 7,986 MT to 21,095 MT
  • Paper Cups capacity addition of 7,696 MT planned
  • PLA Straw and Paper Straw capacities to remain at 1,928 MT and 1,134 MT respectively

Business Overview

Glen Industries manufactures eco-conscious food packaging products serving HoReCa, QSR, food & beverage, sweets and dairy industries. The company operates a 90,000 sq. ft. facility in Dhulagarh, West Bengal with integrated manufacturing, printing, and packaging capabilities.

Product Portfolio:

  • Thin Wall Food Containers (25 ml to 4500 ml)
  • PLA Straws (160 MT/month capacity)
  • Paper Straws (95 MT/month capacity)

Market Presence:

  • Domestic distribution across 26 states and 80+ cities
  • Exports to 30 countries
  • 40+ recurring international customers
  • 650+ employees

Certifications: ISO 9001:2015, ISO 14001:2015, HACCP, FSC, SEDEX, FSSC 22000

Management Commentary

Mr. Lalit Agrawal, Chairman, Promoter & Director stated: "The performance during H2 and FY26 reflects the strength of our product portfolio and the growing demand for sustainable packaging solutions across domestic and global markets. Increased demand for thin-wall containers and eco-friendly alternatives has supported our growth during the year. We continue to focus on capacity expansion, product innovation, and operational efficiency to strengthen our market position."

Stock Data

  • Share Price: ₹73.03
  • Market Capitalization: ₹175.72 crores
  • Number of Shares: 2,40,61,370
  • Face Value: ₹10.00
  • 52-week High-Low: ₹164.85 - ₹58.00
  • Promoter & Promoter Group Holding: 26.69%
  • Public Holding: 73.31%