Company Disclosure
Glen Industries Limited submitted a business update for the period ended H1 FY27 to BSE Ltd pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was dated October 6, 2026, and digitally signed by Shikha Sureka, Company Secretary and Compliance Officer.
Financial Performance
- H1 FY27 Revenue: ₹113.57 crore
- Year-over-Year Growth: 18.84%
- Export Share of Revenue: 26% for H1 FY27
Operational Capacity and Utilization
- Thin wall containers capacity: 665 MT/month
- PLA straws capacity: 160 MT/month
- Paper straws capacity: 95 MT/month
- Thin wall containers utilization (H1 FY27): 3133 MT
Business Developments and Expansion
- New Manufacturing Facility: Work progressing on new facility in Howrah, West Bengal
- New Capabilities: Facility will add thermoforming and paper cup production capabilities
- Product Diversification: Company will introduce paper and thermoforming based disposable solutions
Geographic Reach and Customers
- Domestic Presence: 26 states and 80+ cities across India
- International Presence: 40+ recurring international customers across 30+ countries
- Export Markets: US, Canada, EU, UK, Australia, Middle East, and Africa
Manufacturing and Certifications
- Existing Facility: 90,000 sq. ft. facility in Dhulagarh, Howrah, West Bengal
- Integrated Capabilities: Manufacturing, printing, and packaging
- Certifications: FSSC 22000, ISO 9001:2015, ISO 14001:2015, HACCP, FSC, and SEDEX 4-Pillar
- Product Standards: Paper straws made from FSC-certified paper and compliant with USFDA standards
Management Commentary
Mr. Lalit Agrawal, Chairman, stated: "Since pivoting to food-grade packaging in 2019, Glen has grown into a trusted supplier of thin wall food containers and eco-friendly straws to customers across India and 30+ countries. As the industry shifts towards environmentally responsible packaging, our focus on product innovation, quality and sustainability positions us well to capture emerging opportunities. The new manufacturing facility in Howrah, together with our entry into paper and thermoforming products, will expand our capacity and product range as we work towards our longterm growth goals."
Company Background
Glen Industries Limited manufactures eco-conscious food packaging and service products, catering to HoReCa, QSR, food & beverage, sweets and dairy industries. Product portfolio includes thin wall food containers, PLA (Polylactic Acid) straws, paper straws and U-shape straws for beverage and dairy applications.
Disclaimer and Notes
The document contains forward-looking statements subject to risks and uncertainties including government actions, local/political/economic developments, technological risks, and other factors. Figures mentioned are management estimates and subject to final audit adjustments.