Glass Wall Systems (India) Ltd

Q2 FY27Other Construction Materials

Glass Wall Systems (India) Q2 FY27 investor presentation: Revenue & Margins

Q2 FY27 investor presentation: what the company reported on revenue, margins and projects.

Price₹268

Market cap₹2.4K Cr

P/E29.1

Updated9 Oct 2026

Read3 min read

Based on Glass Wall Systems (India) Ltd's Q2 FY27 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the presentation reports, not management guidance.

The short version

Q1FY27 Revenue from Operations: Rs. Q1FY27 EBITDA: Rs.

From Glass Wall Systems (India) Ltd's Q2 FY27 earnings-call transcript · updated 9 Oct 2026.

Revenue & Sales Performance

Q1FY27 Revenue from Operations: Rs. 107.4 Cr, up 35.8% YoY from Rs. 79.1 Cr in Q1FY26 (Page 8)
Domestic Business Revenue: Rs. 62 Cr, up 93% YoY (Page 7)
International Business Revenue: Rs. 39 Cr, down 12% YoY due to order timing (Page 7)
Fenestration Business Revenue: Rs. 6 Cr, up 127% YoY (Page 7)

2 more points management made on revenue & sales performance

Profitability & Margins

Q1FY27 EBITDA: Rs. 22.9 Cr, up 9.0% YoY from Rs. 21.0 Cr in Q1FY26
Q1FY27 EBITDA Margin: 21.3%, flat YoY (21.3% in Q1FY26)
Q1FY27 Profit After Tax (PAT): Rs. 17.3 Cr, down 7.7% YoY from Rs. 18.7 Cr in Q1FY26
Q1FY27 PAT Margin: 16.1%, down from 23.7% in Q1FY26

2 more points management made on profitability & margins

See what Glass Wall Systems (India) Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

GPU Project (Glass Processing Unit) at Vile Bhagad Facility
Capex: Rs. 50 Cr
Purpose: Backward integration to reduce supplier dependence, improve manufacturing economics
Funding: From IPO proceeds (Rs. 50 Cr)
Deployment: Rs. 35 Cr in Fiscal 2027, Rs. 15 Cr in Fiscal 2028
Status: Planned, as part of backward integration strategy
Capacity Expansion
~33% increase in manufacturing capacity
Capex: Approximately Rs. 80 Cr for in-house glass unit (likely inclusive of GPU)
Manufacturing area: ~32,415 sq. mt with large undeveloped capacity for future expansion
Timeline: Referenced for FY27 and FY28 deployment; GPU part funded through IPO proceeds and internal accruals
Other notes:

2 more points management made on capital expenditure plans

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Fundraising & Capital Structure

The investor presentation mentions an IPO with net proceeds of Rs. 54.6 crores, primarily allocated to funding capital expenditure for a GPU Project and general corporate purposes (Page 33).
There is no direct mention of new debt fundraising in the presentation.
Historical Balance Sheet (Page 28) shows borrowings decreasing from Rs. 24.9 crores in Mar-24 to Rs. 6.6 crores in Mar-26 (non-current + current borrowings).
Cash flow statement (Page 29) indicates net cash used in financing activities: -44.3 Cr (Mar-24), -25.5 Cr (Mar-25), -5.3 Cr (Mar-26), implying repayment or reduction in borrowings rather than new debt issuance.

2 more points management made on fundraising & capital structure

See what Glass Wall Systems (India) Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The investor presentation reports an order book of Rs. 982 crore as of July 2026.
Breakdown of the order book includes:
Domestic orders: Rs. 626 crore
International orders: Rs. 186 crore
Fenestration orders: Rs. 169 crore

2 more points management made on order book & pipeline

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Frequently Asked Questions

What were Glass Wall Systems (India) Ltd Q2 FY27 results?

Q1FY27 Revenue from Operations: Rs. Q1FY27 EBITDA: Rs.

What is Glass Wall Systems (India) Ltd share price analysis?

Glass Wall Systems (India) Ltd currently shows a neutral. The stock trades at a P/E of 29.1 with a market cap of ₹2,378 Cr. Investors should review the full earnings analysis for detailed insights.

Is Glass Wall Systems (India) Ltd planning capital expenditure?

GPU Project (Glass Processing Unit) at Vile Bhagad Facility - Capex: Rs.

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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.