Key Quantitative Figures

Standalone Financial Results for Q1 FY27 (Quarter ended June 30, 2026):

  • Revenue from operations: ₹138.69 crore
  • Other income: ₹8.37 crore
  • Total income: ₹139.57 crore
  • Total expenses: ₹127.20 crore
  • Profit before tax: ₹12.38 crore
  • Tax expense: ₹3.14 crore
  • Profit for the period: ₹9.24 crore
  • Basic EPS: ₹1.72 (not annualized)
  • Diluted EPS: ₹1.70 (not annualized)

Consolidated Financial Results for Q1 FY27:

  • Profit for the period: ₹102.59 crore
  • Basic EPS: ₹1.91 (not annualized)
  • Diluted EPS: ₹1.88 (not annualized)

Dividend Information:

  • Final dividend recommended: ₹0.70 per equity share of face value ₹1 each (70%)
  • Record date: August 28, 2026

Expansion Plan:

  • Investment required: ₹150 crore
  • Proposed capacity addition: 75 MT approximately
  • Existing capacity: 430 MT

Dates of Action

  • Board meeting date: August 03, 2026 (commenced at 12:00 p.m., concluded at 02:40 p.m.)
  • Record date for dividend: August 28, 2026
  • 35th Annual General Meeting: September 04, 2026 at 11:30 a.m.
  • Management appointments effective from: August 16, 2026 to August 15, 2029

Parties Involved

  • Statutory Auditors: M/s. KNAV & CO. LLP, Chartered Accountants
  • Key Personnel: Mr. Tarun Shetty (Managing Director), Mr. Narendra Shetty (Founder Non-Executive Chairman), Mr. Dhruv Mehta (Company Secretary & Compliance Officer)
  • Subsidiary: Haldyn Glass USA Inc. (Wholly owned subsidiary)
  • Joint Venture: Haldyn Heinz Fine Glass Private Limited (56.80% shareholding)

Management Changes

  • Mr. Tarun Shetty (DIN: 00587108) re-appointed as Managing Director for 3 years from August 16, 2026 to August 15, 2029, subject to shareholder approval
  • Mr. Narendra Shetty (DIN: 00025868) appointed as Founder Non-Executive Chairman for 3 years from August 16, 2026 to August 15, 2029, subject to shareholder approval
  • Mr. Narendra Shetty stepped down as Executive Chairman post completion of tenure on August 15, 2026

Business Expansion Details

  • Purpose: Rebuild, modernization of existing capacity and expansion
  • Existing capacity utilization: 430 MT
  • Proposed capacity addition: 75 MT approximately
  • Implementation period: 12 months from August 03, 2026 (barring unforeseen circumstances)
  • Mode of financing: Majorly through internal accruals and balance via borrowings

Financial Impact

Dividend payout amount not quantified in the disclosure. Expansion plan investment of ₹150 crore to be funded through internal accruals and borrowings.

Additional Information

  • The company has only one operating segment: manufacturing of glass bottles
  • Limited review reports issued by statutory auditors for both standalone and consolidated financial results
  • Figures for quarter ended March 31, 2026 are balancing figures between audited annual figures and published quarterly figures