Haldyn Glass
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Haldyn Glass reported consolidated revenue of ₹13,868.78 lakh for the quarter ended June 30, up from ₹11,501.51 lakh a year earlier, with consolidated net profit of ₹1,025.90 lakh against ₹539.57 lakh. Profit for the standalone company rose to ₹923.91 lakh from ₹401.46 lakh. The board approved an investment of about ₹150 crore to rebuild and modernise existing capacity and add roughly 75 MT of new capacity, expected to be completed within 12 months, financed largely through internal accruals and borrowings. The company maintained its dividend at ₹0.70 per share, with August 28 set as the record date. Narendra Shetty is to step down as Executive Chairman on August 15, 2026, and continue as Founder Non-Executive Chairman for three years, subject to shareholder approval, while Tarun Shetty was re-appointed Managing Director for a further three years. The company, a single-segment glass bottle manufacturer, recorded net debt of roughly ₹10,235 lakh at the close of FY26.
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Haldyn Glass reported consolidated revenue of ₹13,868.78 lakh for the quarter ended June 30, up from ₹11,501.51 lakh a year earlier, with consolidated net profit of ₹1,025.90 lakh against ₹539.57 lakh. Profit for the standalone company rose to ₹923.91 lakh from ₹401.46 lakh. The board approved an investment of about ₹150 crore to rebuild and modernise existing capacity and add roughly 75 MT of new capacity, expected to be completed within 12 months, financed largely through internal accruals and borrowings. The company maintained its dividend at ₹0.70 per share, with August 28 set as the record date. Narendra Shetty is to step down as Executive Chairman on August 15, 2026, and continue as Founder Non-Executive Chairman for three years, subject to shareholder approval, while Tarun Shetty was re-appointed Managing Director for a further three years. The company, a single-segment glass bottle manufacturer, recorded net debt of roughly ₹10,235 lakh at the close of FY26.
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Haldyn Glass's board approved an estimated ₹150 crore investment to rebuild, modernise and expand its glass-bottle manufacturing capacity, adding about 75 tonnes to its existing 430-tonne daily capacity over the next twelve months. The investment, to be funded largely through internal accruals and the balance via borrowings, comes as the company works through the margin drag of the previous capacity cycle, which compressed FY25 profit before a recovery in FY26. Unaudited standalone revenue for the June quarter rose to ₹13,868 lakh from ₹11,501 lakh a year earlier, with pre-tax profit at ₹1,238 lakh. Founder and executive chairman Narendra Shetty, completing his tenure on August 15, is to continue as founder non-executive chairman, while managing director Tarun Shetty is set to be re-appointed for three years. A record date of August 28 was fixed for the recommended dividend of ₹0.70 per share.
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Haldyn Glass's board approved an estimated ₹150 crore investment to rebuild, modernise and expand its glass-bottle manufacturing capacity, adding about 75 tonnes to its existing 430-tonne daily capacity over the next twelve months. The investment, to be funded largely through internal accruals and the balance via borrowings, comes as the company works through the margin drag of the previous capacity cycle, which compressed FY25 profit before a recovery in FY26. Unaudited standalone revenue for the June quarter rose to ₹13,868 lakh from ₹11,501 lakh a year earlier, with pre-tax profit at ₹1,238 lakh. Founder and executive chairman Narendra Shetty, completing his tenure on August 15, is to continue as founder non-executive chairman, while managing director Tarun Shetty is set to be re-appointed for three years. A record date of August 28 was fixed for the recommended dividend of ₹0.70 per share.
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Aug 3 (Reuters) - Haldyn Glass Ltd HALD.BO:
JUNE-QUARTER CONSOL NET PROFIT 102.6 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 1.39 BILLION RUPEES
RE-APPOINTS TARUN SHETTY AS MD
NARENDRA SHETTY TO STEP DOWN AS EXECUTIVE CHAIRMAN
Source text: [ID:]
Further company coverage: HALD.BO
(([email protected];))
Aug 3 (Reuters) - Haldyn Glass Ltd HALD.BO:
JUNE-QUARTER CONSOL NET PROFIT 102.6 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 1.39 BILLION RUPEES
RE-APPOINTS TARUN SHETTY AS MD
NARENDRA SHETTY TO STEP DOWN AS EXECUTIVE CHAIRMAN
Source text: [ID:]
Further company coverage: HALD.BO
(([email protected];))
Feb 13 (Reuters) - Haldyn Glass Ltd HALD.BO:
DEC-QUARTER CONSOL NET PROFIT 52.7 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 1.25 BILLION RUPEES
Source text: ID:nBSE4lTFS0
Further company coverage: HALD.BO
(([email protected];;))
Feb 13 (Reuters) - Haldyn Glass Ltd HALD.BO:
DEC-QUARTER CONSOL NET PROFIT 52.7 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 1.25 BILLION RUPEES
Source text: ID:nBSE4lTFS0
Further company coverage: HALD.BO
(([email protected];;))
April 5 (Reuters) - Haldyn Glass Ltd HALD.BO:
COMPLETED MODIFICATION WORK OF FURNACES AT VADODARA PLANT, COMMENCES PRODUCTION
Further company coverage: HALD.BO
(([email protected];))
April 5 (Reuters) - Haldyn Glass Ltd HALD.BO:
COMPLETED MODIFICATION WORK OF FURNACES AT VADODARA PLANT, COMMENCES PRODUCTION
Further company coverage: HALD.BO
(([email protected];))
March 12 (Reuters) - Haldyn Glass Ltd HALD.BO:
WILL BE A PRODUCTION STOPPAGE AT ONE OF FURNACES AT OUR PLANT
STOPPAGE FOR AN APPROX. PERIOD OF 30 DAYS FROM MARCH 14
REVENUES AND PROFITABILITY DURING CURRENT QUARTER MAY GET IMPACTED DUE TO STOPPAGE
Source text for Eikon: ID:nBSE6P2fB5
Further company coverage: HALD.BO
(([email protected];))
March 12 (Reuters) - Haldyn Glass Ltd HALD.BO:
WILL BE A PRODUCTION STOPPAGE AT ONE OF FURNACES AT OUR PLANT
STOPPAGE FOR AN APPROX. PERIOD OF 30 DAYS FROM MARCH 14
REVENUES AND PROFITABILITY DURING CURRENT QUARTER MAY GET IMPACTED DUE TO STOPPAGE
Source text for Eikon: ID:nBSE6P2fB5
Further company coverage: HALD.BO
(([email protected];))
Oct 16 (Reuters) - Haldyn Glass Ltd HALD.BO:
SHUTDOWN OF FURNACE OF CO'S ASSOCIATE/JOINT VENTURE COMPANY
FURNACE OF ASSOCIATE HALDYN HEINZ FINE GLASS TO REMAIN SHUT FOR 75 DAYS FROM OCT 17 TO UNDERTAKE RELINING
CONSOLIDATED PROFITABILITY OF CO MAY GET IMPACTED DURING FORTHCOMING QUARTER
FURNACE AT KOSAMBA - SURAT WILL REMAIN SHUT FOR A PERIOD OF 75 DAYS FROM OCTOBER 17
Source text for Eikon: ID:nBSE7bjCZW
Further company coverage: HALD.BO
(([email protected];;))
Oct 16 (Reuters) - Haldyn Glass Ltd HALD.BO:
SHUTDOWN OF FURNACE OF CO'S ASSOCIATE/JOINT VENTURE COMPANY
FURNACE OF ASSOCIATE HALDYN HEINZ FINE GLASS TO REMAIN SHUT FOR 75 DAYS FROM OCT 17 TO UNDERTAKE RELINING
CONSOLIDATED PROFITABILITY OF CO MAY GET IMPACTED DURING FORTHCOMING QUARTER
FURNACE AT KOSAMBA - SURAT WILL REMAIN SHUT FOR A PERIOD OF 75 DAYS FROM OCTOBER 17
Source text for Eikon: ID:nBSE7bjCZW
Further company coverage: HALD.BO
(([email protected];;))
Sept 8 (Reuters) - Haldyn Glass Ltd HALD.BO:
COMPANY HAS COMPLETED RELINING WORK OF SHUTDOWN FURNACE AND FIRED FURNACE
EXPECTED TO START PRODUCTION FROM SEPTEMBER 9 IN PHASE WISE MANNER
Source text for Eikon: ID:nBSE6qsnZl
Further company coverage: HALD.BO
(([email protected];))
Sept 8 (Reuters) - Haldyn Glass Ltd HALD.BO:
COMPANY HAS COMPLETED RELINING WORK OF SHUTDOWN FURNACE AND FIRED FURNACE
EXPECTED TO START PRODUCTION FROM SEPTEMBER 9 IN PHASE WISE MANNER
Source text for Eikon: ID:nBSE6qsnZl
Further company coverage: HALD.BO
(([email protected];))
Aug 3 (Reuters) - Haldyn Glass Ltd HALD.BO:
HALDYN GLASS LTD - RE-APPOINTS T. N. SHETTY AS MANAGING DIRECTOR
HALDYN GLASS LTD - APPROVED ADDITIONAL INVESTMENT UP TO 320 MILLION RUPEES, FOR IMPROVING QUALITY INFRASTRUCTURE OF PLANT
INDIA'S HALDYN GLASS LTD JUNE-QUARTER CONSOL NET PROFIT 91.5 MILLION RUPEES VERSUS PROFIT 65.9 MILLION RUPEES
HALDYN GLASS LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 729.2 MILLION RUPEES VERSUS 764 MILLION RUPEES
Source text for Eikon: ID:nBSE3cLjQQ
Further company coverage: HALD.BO
(([email protected];))
Aug 3 (Reuters) - Haldyn Glass Ltd HALD.BO:
HALDYN GLASS LTD - RE-APPOINTS T. N. SHETTY AS MANAGING DIRECTOR
HALDYN GLASS LTD - APPROVED ADDITIONAL INVESTMENT UP TO 320 MILLION RUPEES, FOR IMPROVING QUALITY INFRASTRUCTURE OF PLANT
INDIA'S HALDYN GLASS LTD JUNE-QUARTER CONSOL NET PROFIT 91.5 MILLION RUPEES VERSUS PROFIT 65.9 MILLION RUPEES
HALDYN GLASS LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 729.2 MILLION RUPEES VERSUS 764 MILLION RUPEES
Source text for Eikon: ID:nBSE3cLjQQ
Further company coverage: HALD.BO
(([email protected];))
June 7 (Reuters) - Haldyn Glass Ltd HALD.BO:
ONE OF THE FURNACE AT PLANT LOCATED AT VADODARA WILL REMAIN SHUT FOR A PERIOD OF 90 DAYS TO UNDERTAKE RELINING
OPERATION AT SECOND FURNACE WILL CONTINUE AS USUAL
Further company coverage: HALD.BO
(([email protected];))
June 7 (Reuters) - Haldyn Glass Ltd HALD.BO:
ONE OF THE FURNACE AT PLANT LOCATED AT VADODARA WILL REMAIN SHUT FOR A PERIOD OF 90 DAYS TO UNDERTAKE RELINING
OPERATION AT SECOND FURNACE WILL CONTINUE AS USUAL
Further company coverage: HALD.BO
(([email protected];))
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What does Haldyn Glass do?
Haldyn Glass Ltd specializes in mass production of Clear Glass Containers including Liquor, Cosmetics, Food & Beverages. They also produce Clear glass Vials for pharmaceutical industry packaging.
Who are the competitors of Haldyn Glass?
Haldyn Glass major competitors are Empire Industries, La Opala RG, Borosil, Asahi India Glass, Hardwyn India, Shankara Bldg. Prod., Sicagen India. Market Cap of Haldyn Glass is ₹701 Crs. While the median market cap of its peers are ₹771 Crs.
Is Haldyn Glass financially stable compared to its competitors?
Haldyn Glass seems to be less financially stable compared to its competitors. Altman Z score of Haldyn Glass is 3.4 and is ranked 7 out of its 8 competitors.
Does Haldyn Glass pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Haldyn Glass latest dividend payout ratio is 20.0% and 3yr average dividend payout ratio is 16.43%
How has Haldyn Glass allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Inventory
How strong is Haldyn Glass balance sheet?
Balance sheet of Haldyn Glass is strong. But short term working capital might become an issue for this company.
Is the profitablity of Haldyn Glass improving?
The profit is oscillating. The profit of Haldyn Glass is ₹24.29 Crs for TTM, ₹18.81 Crs for Mar 2025 and ₹24.57 Crs for Mar 2024.
Is the debt of Haldyn Glass increasing or decreasing?
The net debt of Haldyn Glass is decreasing. Latest net debt of Haldyn Glass is ₹102 Crs as of Mar-26. This is less than Mar-25 when it was ₹103 Crs.
Is Haldyn Glass stock expensive?
Haldyn Glass is not expensive. Latest PE of Haldyn Glass is 23.99, while 3 year average PE is 25.5. Also latest EV/EBITDA of Haldyn Glass is 11.99 while 3yr average is 16.48.
Has the share price of Haldyn Glass grown faster than its competition?
Haldyn Glass has given better returns compared to its competitors. Haldyn Glass has grown at ~28.41% over the last 5yrs while peers have grown at a median rate of 4.78%
Is the promoter bullish about Haldyn Glass?
Promoters seem to be bullish about the company. Latest quarter promoter holding is 59.14% and last quarter promoter holding is 59.01%.
Are mutual funds buying/selling Haldyn Glass?
There is Insufficient data to gauge this.