Fin Cascade

Prices as of 9 Oct 2026 close · Not investment advice

Haldyn Glass Limited

NSE: HALDYNGLPackaging

Share price

₹139.87

-0.72% close of 9 Oct 2026

Market cap ₹699 CrP/E 22.6

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

61

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹699 Cr

P/E ratio

22.6

P/B ratio

3.2

ROCE

13.5%

ROE

11.5%

Dividend yield

0.5%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹154.4652-week low ₹71.95

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 18.9% over the past year, and 8.7% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 7.2% to 13.9% over the last four years.

Whether it grew faster than its sector

It grew 8.7% a year against a sector median of 10.6% — 2.0 percentage points slower.

Room to re-rate, or risk of de-rating

At 22.6× earnings against a market that pays 24.1× across 2199 companies we can price. Its own industry sits at 18.1×, across 5 companies. It is against its own five-year median of 26.6×, the 21st percentile of its own range.

Whether growth justifies the valuation

Its earnings are falling, so growth cannot justify the price.

Profit growthPrice per ₹1 profitPer 1% growth
Haldyn Glass Limited — this one-1%/yr22.6×—
EPL Limited22%/yr18.1×₹0.82
AGI Greenpac Limited—13.7×—
UFLEX Limited-17%/yr6.5×—
TCPL Packaging Limited3%/yr30.8×₹10.3
Polyplex Corporation Limited-60%/yr20.5×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Packaging), it ranks 11 of 36 on returns, 22 of 35 on growth, 10 of 36 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A narrow advantage: it earns 13.5% on capital, ahead of 69% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the last five years it made ₹167 crore of cash from the business but spent ₹233 crore on plant and equipment, ₹66 crore more than it made; the gap was mostly borrowed — borrowings rose from ₹12 crore to ₹116 crore. And the profit is real: of every 100 rupees it reported over 11 years, about 174 arrived as cash — well above the profit; depreciation and interest are the reason, not a windfall. Its cash comes back faster than it used to: it went from being waiting 89 days for its cash to paid 7 days before it paid its own suppliers.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

7 of 9 checks clear · 78%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 3 Aug 2026 · Consolidated · Unaudited

Revenue

₹139 Cr

Revenue vs last year

+20.6%

Revenue vs last quarter

+28.1%

Net profit

₹10 Cr

Profit vs last year

+105.2%

Profit vs last quarter

+46.6%

Net margin

7.4%

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹699 Cr
Prev close
₹139.87
52w High
₹164
52w Low
₹70.4
Enterprise value
₹804 Cr
Beta
1.2
Price CAGR 1y
41.0%
Price CAGR 3y
6.0%
Price CAGR 5y
27.0%
Price CAGR 10y
16.0%

Ratios

Return on assets
5.0%
PEG ratio
-24.2
P/E ratio
22.6
P/B ratio
3.2
EV / EBITDA
11.8
Industry P/E
17.4
ROCE
13.5%
ROCE 5y average
13.4%
ROE
11.5%
Debt / Equity
0.5
Interest coverage
3.3
Dividend yield
0.5%
ROE 3y average
10.0%
ROE last year
11.0%

Annual P&L

Annual revenue
₹464 Cr
Annual profit
₹25 Cr
Operating margin
14.0%
Net profit margin
5.4%
EBITDA margin
13.6%
Sales growth 3y
13.2%
Sales growth 5y
21.1%
Profit growth 3y
-1.0%
Profit growth 5y
28.0%
EPS
₹4.6
Sales growth TTM
19.0%
Profit growth TTM
62.0%
Dividend payout
15.0%

Quarter P&L

Sales latest quarter
₹139 Cr
Profit latest quarter
₹10 Cr
YoY quarterly sales growth
20.6%
YoY quarterly profit growth
100.0%
OPM latest quarter
15.9%

Balance Sheet

Book Value
₹46.8
Face Value
₹1.0
Total debt
₹116 Cr
Total cash
₹11 Cr
Borrowings
₹116 Cr
Reserves / Equity
45.8

Cash Flow

Operating cash flow
₹62 Cr
Free cash flow
₹33 Cr
FCF yield
2.7%
Net cash flow
-₹2 Cr

Shareholding

Promoter holding
59.1%
FII holding
0.0%
DII holding
2.0%
Public holding
38.8%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
EPL Ltd237.0318.57,6041.05100.6-1.41,387.925.317.8
AGI Greenpac787.5013.85,0950.8999.612.1785.314.219.5
Uflex643.156.74,6440.47423.1629.65,366.037.67.0
TCPL Packaging4,031.5030.43,6690.6237.665.5474.015.817.9
Polyplex Corpn1,023.3020.73,2120.29171.1571.42,253.629.60.9
Jindal Poly Film653.2548.92,8600.00107.239.1695.8-23.8-2.0
XPRO India1,130.0081.22,6520.187.6244.9174.420.43.8
Haldyn Glass140.7824.47570.5010.390.0138.720.613.5
Median174.0320.44990.238.742.9138.722.512.7

Competes with: AGI Greenpac Limited, EPL Limited, Jindal Poly Films Limited, Knack Packaging Limited, Polyplex Corporation Limited, TCPL Packaging Limited, UFLEX Limited, Xpro India Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales734695848710610584115116125108139
Expenses62487971759193709810210892117
Material Cost27
Change in Inventories11
Purchases of Stock-in-Trade3.26
Employee Cost18
Other Expenses58
Operating Profit11-11614121512141714161622
OPM %16-2.781716141512161512131516
Other Income4809324316232
Exceptional items (within Other Income)0
Interest1125444443333
Depreciation2367688788877
Profit before tax1228106656787913
Tax %26-392833151622192219242224
Net Profit93675544575710
EPS in Rs1.700.541.071.260.950.970.740.8411.270.981.361.91

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales141172166223229178213320299382464487
Expenses123145160197202157196289258327400420
Operating Profit18277262821163141556368
OPM %13163.9012121281014141414
Other Income23512561121131313
Interest1110111211161413
Depreciation811111113107819293030
Profit before tax11170161514143332233238
Tax %38373552232301818241822
Net Profit711-0687122725192530
EPS in Rs1.242-0.091.031.531.392.205.014.573.504.615.52
Dividend Payout %4028-3295839432714152015

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
13%
5 years
21%
3 years
13%
TTM
19%

Compounded profit growth

10 years
13%
5 years
28%
3 years
-1%
TTM
62%

Stock price CAGR

10 years
16%
5 years
27%
3 years
6%
1 year
41%

Return on equity

10 years
8%
5 years
11%
3 years
10%
Last year
11%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital555555555.385.385
Reserves115128125128133139148172194210229
Borrowings18238261247123128116
Other Liabilities3834333333363647127146151
Total Liabilities176170166175173186202271450490502
Fixed Assets8475665950454557240257251
CWIP2111000123912
Investments022242218172935434960
Other Assets71727493104124127156158183189
Total Assets176170166175173186202271450490502

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity14219716221031194562
Cash from Investing Activity-49-1-5-21-1-12-58-86-34-34
Cash from Financing Activity9-21-33-10-2-13065-10-30
Net Cash Flow-25-127620-33-21-2
Free Cash Flow-37197211182-32-777.6733

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days7162768286949168786357
Inventory Days2802151621108520317875238335194
Days Payable101447059661189896209214165
Cash Conversion Cycle2502331681331061791724610718487
Working Capital Days4087907385928933-202-7
ROCE %1411313101018131214

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters585858585858585859595959
FIIs00000.060000000
DIIs01.171.511.741.791.982.442.641.461.531.802.03
Public424140404040393940403939
No. of Shareholders22,52623,18821,93821,89821,41321,84021,68221,49222,15921,56620,93120,588

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +41.0% (₹99.19 → ₹139.87)Brick size ₹6.75 (fixed)Bricks 17
₹75.00₹100₹125₹150₹140Jan '26May '26
Price moved up one brickPrice moved down one brickLast close ₹139.87 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

105inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

News

News and filings about Haldyn Glass Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Uses as raw material

  • cullet / recycled glass
  • furnace oil
  • limestone / dolomite
  • piped natural gas
  • silica sand / glass sand
  • soda ash

Depends on the price of

  • Natural gas
  • fuel
  • soda_ash

Sells to

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Capital Goods
Industry
Packaging
Classification
Capital Goods › Packaging
ISIN
INE506D01020

Plants

  • Haldyn Glass Vadodara glass container plant

News impact

Big market events that reach Haldyn Glass Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

28 Aug 2026unspecified₹0.7

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.