GLEN Industries Q4 FY26 Share Price & Earnings Call Analysis
- Market cap
- ₹240 Cr
- P/E
- 14.60
- ROE
- 16.63%
- PEG
- 0.18
- Price to sales
- 1.21
- Debt to equity
- 0.86
- 52W high / low
- ₹128 / ₹59.5
- EBITDA margin
- 18.58%
- Net profit margin
- 8.27%
- Promoter holding
- 74.30%
- Sales (last year)
- ₹199 Cr
Incorporated in 2007, Glen Industries Limited (GIL) is engaged in the manufacturing of eco-friendly food packaging and service products.[1]
Guidance scorecard · Q4 FY26 call
What GLEN Industries Ltd's management guided
and where it ranks in Industrial Products
RevenueQ4 FY26 call
10–20%- The company targets reaching a turnover of INR 500 crores by FY28 with an EBITDA of approximately INR 90 crores.
- Incremental revenue from added capacity (especially injection molding machines increased from 20 to 29) is expected to contribute around INR 100 to 125 crores in FY27.
- New projects including increased plastic food container capacity (tripling existing capacity) and paper-based packaging (including paper cups) are projected to generate an additional INR 300 crores in sales.
- Current turnover guidance is based on stable prices prior to the war, with caution on pricing volatility impacting revenue.
2 more points from GLEN Industries Ltd's call on revenue
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MarginsQ4 FY26 call
FlatSee what GLEN Industries Ltd said on margins — free account, 30 seconds.
CapexQ4 FY26 call
Planned- Glen Industries has ongoing capex for capacity expansion, increasing project cost from INR100 crores to around INR130-133 crores due to currency fluctuations, expanded scope including more machinery (injection molding machines from 20 to 29) and larger…
- The incremental eight injection molding machines are expected to add about INR15 crores annually to revenue.
- No additional external funding planned; entire capex will be funded through internal accruals.
- Management is focused on stabilizing current expansions, including paper cup manufacturing, before pursuing new product categories or further diversification.
2 more points from GLEN Industries Ltd's call on capex
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FundraisingQ4 FY26 call
PlannedSee what GLEN Industries Ltd said on fundraising — free account, 30 seconds.
Order bookQ4 FY26 call
- Inventory levels are maintained at around 4 to 5.5 months to avoid raw material shortages, showing preparation for consistent orders.
- New capacities are expected to contribute INR 100-125 crores in revenues for FY27, indicating healthy order inflow.
- Expansion plans are focused on stabilizing new projects before adding new products.
2 more points from GLEN Industries Ltd's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Industrial Products
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Industrial Products companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 2%+ | ₹532 Cr | 21.2 | |
| 2 | 40%+ | Up 2%+ | ₹450 Cr | 13.2 | |
| 3 | 40%+ | Up 2%+ | ₹371 Cr | 26.1 | |
| 4 | 40%+ | Up 0–2% | ₹1,340 Cr | 32.9 | |
| 5 | 40%+ | Up 0–2% | ₹1,196 Cr | 14.1 | |
| 6 | 40%+ | Flat | ₹966 Cr | 25.0 |
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Pro shows every company guiding 40%+ revenue growth →Full Industrial Products rankingFinancials of GLEN Industries Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of GLEN Industries Ltd
Quarterly Results
Quarter-by-quarter operating performance
Financials of GLEN Industries Ltd
Profit & Loss
Annual income statement trend
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| Sales + | 92 | 115 | 140 | 166 | 182 |
| Expenses + | 81 | 99 | 115 | 126 | 140 |
| Operating Profit | 11 | 16 | 25 | 40 | 42 |
| OPM % | 12% | 14% | 18% | 24% | 23% |
| Other Income + | 3 | -2 | 0 | 1 | 1 |
| Interest | 4 | 6 | 7 | 9 | 10 |
| Depreciation | 5 | 6 | 6 | 7 | 8 |
| Profit before tax | 5 | 3 | 11 | 24 | 24 |
| Tax % | 27% | 44% | 25% | 25% | |
| Net Profit + | 4 | 1 | 9 | 18 | 18 |
| EPS in Rs | 35.62 | 14.42 | 82.46 | 10.37 | 8.98 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
Financials of GLEN Industries Ltd
Balance Sheet
Capital structure and asset base
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 18 | 32 |
| Reserves | 17 | 31 | 40 | 41 | 106 |
| Borrowings + | 77 | 86 | 94 | 133 | 115 |
| Other Liabilities + | 22 | 19 | 26 | 23 | 20 |
| Total Liabilities | 116 | 137 | 161 | 214 | 273 |
| Fixed Assets + | 55 | 73 | 81 | 108 | 107 |
| CWIP | 1 | 0 | 0 | 1 | 8 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| Other Assets + | 60 | 64 | 80 | 106 | 158 |
| Total Assets | 116 | 137 | 161 | 214 | 273 |
Financials of GLEN Industries Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Cash from Operating Activity + | -14 | 11 | 14 | 6 |
| Cash from Investing Activity + | -22 | -15 | -13 | -35 |
| Cash from Financing Activity + | 34 | 4 | -2 | 30 |
| Net Cash Flow | -2 | 0 | -1 | 1 |
| Free Cash Flow | -29 | -2 | 0 | -29 |
| CFO/OP | -124% | 75% | 57% | 20% |
Financials of GLEN Industries Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 61 | 52 | 69 | 68 |
| Inventory Days | 192 | 192 | 184 | 252 |
| Days Payable | 34 | 42 | 51 | 25 |
| Cash Conversion Cycle | 219 | 202 | 203 | 294 |
| Working Capital Days | 6 | -6 | 4 | 4 |
| ROCE % | 10% | 15% | 20% |
Guidance history
How GLEN Industries Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q4 FY26 call → | 10–20% | Flat | Planned | Planned | — |
| Q2 FY26 call → | 40%+ | Flat | Planned | Planned | Rising |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Continue your research
What GLEN Industries Ltd's management said in earlier quarters
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