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Haldyn Glass Overview

Haldyn Glass Ltd is an Indian glass manufacturing company that produces a wide range of glass products for various applications. Established in 1991, the company operates a state-of-the-art glass manufacturing facility in Hyderabad, India, and has a strong presence in the domestic and international markets. Haldyn Glass produces high-quality glass products such as toughened glass, laminated glass, insulated glass, and decorative glass for architectural, automotive, and industrial applications. The company also offers glass processing services ...Read More

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Haldyn Glass Key Financials

Market Cap ₹615 Cr.

Stock P/E 32.7

P/B 2.7

Current Price ₹114.5

Book Value ₹ 42.1

Face Value 1

52W High ₹154.7

Dividend Yield 0.61%

52W Low ₹ 70.4

Haldyn Glass Share Price

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Volume
Price

Haldyn Glass Quarterly Price

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Haldyn Glass Peer Comparison

Haldyn Glass Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 46 95 84 87 106 105 84 115 116 125
Other Income 5 0 9 2 0 4 2 0 4 3
Total Income 52 95 93 89 106 109 86 115 120 128
Total Expenditure 48 79 71 75 91 93 70 98 102 108
Operating Profit 4 16 22 14 15 16 16 17 18 19
Interest 1 2 5 4 4 4 4 4 3 3
Depreciation 3 6 7 6 8 8 7 8 8 8
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 -2
Profit Before Tax -1 8 10 5 4 5 4 6 6 6
Provision for Tax -1 2 3 1 1 1 1 2 2 2
Profit After Tax 0 6 6 4 3 4 3 4 5 5
Adjustments 3 0 0 1 2 0 1 1 2 1
Profit After Adjustments 3 6 7 5 5 4 4 5 7 5
Adjusted Earnings Per Share 0.5 1.1 1.3 0.9 1 0.7 0.8 1 1.3 1

Haldyn Glass Profit & Loss

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 141 172 166 223 229 178 213 320 299 382 440
Other Income 3 3 5 3 4 5 5 4 22 8 9
Total Income 144 175 171 226 233 183 218 324 321 389 449
Total Expenditure 124 145 153 199 204 157 196 289 265 327 378
Operating Profit 20 30 19 27 29 25 21 35 56 62 70
Interest 1 1 1 1 1 1 1 2 11 16 14
Depreciation 8 11 11 11 13 10 7 8 19 29 31
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 -2
Profit Before Tax 11 18 7 16 15 14 14 33 32 23 22
Provision for Tax 4 6 1 4 5 4 3 6 8 4 7
Profit After Tax 7 11 6 12 11 10 12 27 25 19 17
Adjustments 0 -1 -7 -7 -2 -3 0 0 0 0 5
Profit After Adjustments 7 11 -0 6 8 7 12 27 25 19 21
Adjusted Earnings Per Share 1.2 2 -0.1 1 1.5 1.4 2.2 5 4.6 3.5 4.1

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 28% 21% 11% 0%
Operating Profit CAGR 11% 43% 16% 0%
PAT CAGR -24% 17% 12% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 19% 11% 22% 14%
ROE Average 9% 13% 11% 9%
ROCE Average 12% 15% 13% 12%

Haldyn Glass Balance Sheet

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 120 134 130 134 139 144 153 177 200 215
Minority's Interest 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 0 26 67 69
Other Non-Current Liabilities 10 12 12 8 8 7 5 3 41 47
Total Current Liabilities 46 24 24 32 26 35 41 63 142 158
Total Liabilities 176 170 166 175 173 186 200 269 450 490
Fixed Assets 84 75 66 59 50 45 45 57 240 257
Other Non-Current Assets 26 27 29 27 25 23 36 94 73 61
Total Current Assets 66 68 70 89 97 118 120 118 137 172
Total Assets 176 170 166 175 173 186 200 269 450 490

Haldyn Glass Cash Flow

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 29 4 3 5 12 18 5 2 5 3
Cash Flow from Operating Activities 14 21 9 7 16 22 10 31 19 45
Cash Flow from Investing Activities -49 -1 -5 -2 1 -1 -12 -58 -86 -34
Cash Flow from Financing Activities 9 -21 -3 3 -10 -2 -1 30 65 -10
Net Cash Inflow / Outflow -25 -1 2 7 6 20 -3 3 -2 1
Closing Cash & Cash Equivalent 4 3 5 12 18 38 2 5 3 4

Haldyn Glass Ratios

# Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 1.24 2 -0.09 1.03 1.53 1.39 2.2 5.01 4.57 3.5
CEPS(Rs) 2.71 4.17 3.25 4.3 4.36 3.78 3.54 6.41 8.07 8.85
DPS(Rs) 0.5 0.55 0.3 0.6 0.6 0.6 0.6 0.7 0.7 0.7
Book NAV/Share(Rs) 21.94 24.87 24.16 24.89 25.83 26.8 28.55 32.91 37.07 39.91
Core EBITDA Margin(%) 10.54 14.37 7.98 10.8 11.07 11.47 7.65 9.68 11.39 14.34
EBIT Margin(%) 7.66 10.02 4.55 7.24 7.15 8.45 7.15 10.87 14.39 10.2
Pre Tax Margin(%) 6.86 9.3 4.23 7.01 6.71 8.03 6.8 10.27 10.87 6.01
PAT Margin (%) 4.22 5.94 3.82 5.44 4.59 5.64 5.56 8.41 8.22 4.93
Cash Profit Margin (%) 9.23 11.83 10.29 10.37 10.23 11.41 8.94 10.77 14.51 12.47
ROA(%) 3.78 6.51 3.86 7.13 6.05 5.58 6.12 11.47 6.84 4.01
ROE(%) 5.65 8.94 4.91 9.2 7.72 7.09 7.95 16.3 13.06 9.09
ROCE(%) 8.88 13.99 5.76 11.78 11.64 10.45 9.88 18.26 15.93 11.75
Receivable days 62.87 54.19 68.65 69.62 83.25 102.71 84.92 64.12 75.32 62.15
Inventory Days 70.15 59.96 61.99 39.55 33.04 47.39 49.72 29.58 38.77 55.12
Payable days 98.81 58.33 55.86 56.32 60.49 113.06 94.85 77.88 181.33 192.4
PER(x) 23.53 22.52 0 33.92 12.15 22.86 19.37 12.54 32.29 25.2
Price/Book(x) 1.33 1.81 1.56 1.41 0.72 1.19 1.49 1.91 3.98 2.21
Dividend Yield(%) 1.72 1.22 0.79 1.71 3.22 1.88 1.41 1.11 0.47 0.79
EV/Net Sales(x) 1.21 1.39 1.21 0.82 0.36 0.77 0.99 1.11 3.02 1.54
EV/Core EBITDA(x) 8.53 7.96 10.74 6.76 2.84 5.39 9.78 10.03 16 9.43
Net Sales Growth(%) 0 22.41 -3.53 34.24 2.88 -22.44 19.6 50.37 -6.61 27.72
EBIT Growth(%) 0 57.13 -59.37 109.29 1.54 -8.25 1.23 128.46 23.66 -9.53
PAT Growth(%) 0 68.96 -42.48 87.44 -13.28 -4.71 17.94 127.64 -8.73 -23.42
EPS Growth(%) 0 61.11 -104.6 1223.58 48.69 -9.18 57.85 127.64 -8.73 -23.42
Debt/Equity(x) 0.15 0.01 0.02 0.06 0.01 0.02 0.05 0.24 0.6 0.59
Current Ratio(x) 1.43 2.84 2.91 2.76 3.77 3.37 2.89 1.88 0.96 1.09
Quick Ratio(x) 0.78 1.51 1.84 2.06 3.04 2.59 2.15 1.54 0.68 0.64
Interest Cover(x) 9.6 14 14.38 32.24 16.55 19.85 20.06 18.1 4.08 2.43
Total Debt/Mcap(x) 0.12 0.01 0.01 0.04 0.02 0.02 0.03 0.13 0.15 0.27

Haldyn Glass Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 58.14 58.14 58.14 58.14 58.14 58.14 58.14 58.53 58.88 59.01
FII 0 0 0 0.06 0 0 0 0 0 0
DII 1.17 1.51 1.74 1.79 1.98 2.44 2.64 1.46 1.53 1.8
Public 40.69 40.36 40.12 40.02 39.89 39.42 39.22 40.01 39.58 39.19
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Haldyn Glass News

Haldyn Glass Pros & Cons

Pros

Cons

  • Company has a low return on equity of 13% over the last 3 years.
  • Debtor days have increased from 181.33 to 192.4days.
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