GLEN Industries Ltd
Incorporated in 2007, Glen Industries Limited (GIL) is engaged in the manufacturing of eco-friendly food packaging and service products.[1]
- Market Cap ₹ 182 Cr.
- Current Price ₹ 75.8
- High / Low ₹ 165 / 74.6
- Stock P/E 10.2
- Book Value ₹ 54.0
- Dividend Yield 0.00 %
- ROCE 20.5 %
- ROE 36.4 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.5%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 92 | 115 | 140 | 166 | |
| 81 | 99 | 115 | 126 | |
| Operating Profit | 11 | 16 | 25 | 40 |
| OPM % | 12% | 14% | 18% | 24% |
| 3 | -3 | 0 | 1 | |
| Interest | 4 | 6 | 7 | 9 |
| Depreciation | 5 | 6 | 6 | 7 |
| Profit before tax | 5 | 2 | 11 | 24 |
| Tax % | 25% | 67% | 25% | 25% |
| 4 | 1 | 9 | 18 | |
| EPS in Rs | 37.26 | 5.52 | 82.46 | 10.39 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 22% |
| TTM: | 19% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 68% |
| TTM: | 114% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 25% |
| Last Year: | 36% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 18 | 24 |
| Reserves | 18 | 31 | 40 | 41 | 106 |
| 77 | 86 | 94 | 132 | 123 | |
| 22 | 19 | 26 | 23 | 20 | |
| Total Liabilities | 117 | 137 | 161 | 214 | 272 |
| 49 | 73 | 81 | 108 | 107 | |
| CWIP | 1 | 0 | 0 | 0 | 7 |
| Investments | 3 | 0 | 0 | 0 | 0 |
| 63 | 64 | 80 | 106 | 158 | |
| Total Assets | 117 | 137 | 161 | 214 | 272 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| -14 | 11 | 10 | 6 | |
| -22 | -15 | -13 | -34 | |
| 34 | 4 | -1 | 30 | |
| Net Cash Flow | -2 | 0 | -5 | 1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 19 | -6 | 4 | 3 |
| ROCE % | 10% | 15% | 20% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
1d - Of Analysts''/Investor meeting schduled to be held on November 10, 2025
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
1d - H1 FY26 consolidated total income ₹96.56 crore; EBITDA ₹20.19 crore; net profit ₹8.31 crore.
- Consolidated And Standalone Unaudited Financial Results For The Half Year Ended September 30, 2025 2d
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Board Meeting Outcome for Board Meeting Outcome For Consolidated And Standalone Unaudited Financial Results For The Half Year Ended September 30, 2025.
2d - Board approved unaudited standalone and consolidated results for H1 ended Sep 30, 2025.
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Board Meeting Intimation for Approval Of Unaudited Standalone And Consolidated Financial Results.
1 Nov - Board meeting on 4 Nov 2025 to consider unaudited standalone and consolidated financial results.
Concalls
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Aug 2025TranscriptNotesPPT
Business Profile[1]
Glen Industries Limited, originally incorporated as Glen Stationery Private Limited in 2007, is engaged in the manufacturing of food packaging and service products, including Thin-Wall Food Containers, Polylactic Acid (PLA) Straws, and Paper Straws.
The company caters to HoReCa, QSR, food & beverage, and dairy industries. Its operations span product design, development, manufacturing, and distribution, adhering to international hygiene and quality standards.