HRS Aluglaze Ltd
Incorporated in 2012, HRS Aluglaze Ltd is engaged in the design, manufacturing, and installation of aluminium products, including windows, doors, curtain walls, cladding, and glazing systems.[1]
- Market Cap ₹ 444 Cr.
- Current Price ₹ 230
- High / Low ₹ 235 / 126
- Stock P/E 86.1
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 20.2 %
- ROE 34.2 %
- Face Value ₹ 10.0
Pros
Cons
- Company might be capitalizing the interest cost
- Debtor days have increased from 74.5 to 114 days.
* 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.
Peer comparison
Part of BSE SME IPO
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| 22.55 | 26.69 | 42.11 | |
| 20.81 | 23.15 | 31.41 | |
| Operating Profit | 1.74 | 3.54 | 10.70 |
| OPM % | 7.72% | 13.26% | 25.41% |
| 0.14 | 0.28 | 0.04 | |
| Interest | 0.58 | 1.23 | 2.51 |
| Depreciation | 0.09 | 0.18 | 1.35 |
| Profit before tax | 1.21 | 2.41 | 6.88 |
| Tax % | 28.93% | 25.73% | 25.15% |
| 0.87 | 1.79 | 5.15 | |
| EPS in Rs | 1.34 | 2.75 | 7.74 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 58% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 218% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 24% |
| Last Year: | 34% |
Balance Sheet
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Equity Capital | 6.50 | 6.50 | 6.66 |
| Reserves | 1.67 | 3.46 | 13.45 |
| 17.94 | 24.38 | 38.69 | |
| 7.98 | 8.09 | 21.81 | |
| Total Liabilities | 34.09 | 42.43 | 80.61 |
| 7.41 | 28.04 | 46.08 | |
| CWIP | 13.89 | 0.11 | 0.37 |
| Investments | 0.00 | 0.00 | 0.00 |
| 12.79 | 14.28 | 34.16 | |
| Total Assets | 34.09 | 42.43 | 80.61 |
Cash Flows
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| -2.07 | 1.46 | 2.89 | |
| -17.10 | -6.74 | -19.62 | |
| 19.14 | 5.21 | 16.84 | |
| Net Cash Flow | -0.02 | -0.08 | 0.11 |
Ratios
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Debtor Days | 47.75 | 61.54 | 114.33 |
| Inventory Days | 77.86 | 145.37 | 294.20 |
| Days Payable | 109.55 | 175.07 | 223.77 |
| Cash Conversion Cycle | 16.06 | 31.84 | 184.75 |
| Working Capital Days | -19.91 | -33.23 | -25.92 |
| ROCE % | 11.32% | 20.16% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
2d - Monitoring Agency confirms no deviation in utilization of ₹50.92 crore IPO proceeds for quarter ended 31 Dec 2025.
-
Announcement under Regulation 30 (LODR)-Acquisition
11 Feb - HRS Aluglaze incorporated Geotrix Private Limited on 10 Feb 2026; issued share capital Rs.10,00,000; aluminium products business.
-
Announcement Regulation 30- Agreement For Slump Sale
3 Feb - HRS AluGlaze sells façade business unit to Geotrix via slump sale for Rs6.7 crore; agreement dated 03/02/2026.
-
Announcement under Regulation 30 (LODR)-Acquisition
31 Jan - HRS to incorporate Geotrix Pvt Ltd; subscribe 67,000 shares (67%) for ₹6,70,000; authorized capital ₹10,00,000.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
22 Jan - RTA confirms securities dematerialisation for quarter ended 31 Dec 2025.
Annual reports
No data available.
Concalls
-
Jan 2026TranscriptAI SummaryPPT
Business Profile[1]
HRS Aluglaze designs, manufactures, and installs aluminium-based architectural systems such as windows, doors, curtain walls, cladding, glazing systems, railings, louvers and partitions. It provides turnkey solutions—design, engineering, fabrication, supply, installation, and handover—for residential, commercial, industrial, and institutional projects