Sejal Glass Ltd

Sejal Glass Limited, an architectural glass manufacturer with 28 years of experience, reported Q2 FY27 consolidated revenue of ₹138.09 Cr, up 32.8% YoY. The company's EBITDA margin rose to 18.35% (up 132 bps) and net profit margin to 10.31% (up 258 bps). The presentation highlights the integration of Glasstech's operations in 2025, expanding manufacturing facilities across India and the UAE, and a focus on improving capacity utilisation and speciality glass production. The company's India operations account for 29.3% of revenue, while UAE operations contribute 70.7%. Key developments include a AED 27.6 mn UAE order for hospitality and healthcare projects, increased utilisation at Taloja and Silvassa plants, and plans for a third tempering line and fire-rated glass production in the UAE by Q3 FY27. The company also noted a 68% share of India sales from insulated and laminated glass, with specialty glass expanding its product portfolio. Financially, the company reported FY26 net profit of ₹29.03 Cr, with a net debt/EBITDA ratio of 2.0x and a debt/equity ratio of 1.09x. The company outlined strategic goals under Lakshya 2030, including revenue growth of 25-40% in FY27 and expanding its presence in fire-rated, railway-grade, and bullet-resistant glass.

The presentation highlights strong revenue growth, improved margins, and strategic expansions in both India and the UAE, indicating a positive outlook.