Haldyn Glass Ltd
Incorporated in 1991, Haldyn Glass
Ltd is in the business of manufacturing
glass containers[1]
- Market Cap ₹ 576 Cr.
- Current Price ₹ 107
- High / Low ₹ 155 / 70.4
- Stock P/E 32.8
- Book Value ₹ 40.3
- Dividend Yield 0.65 %
- ROCE 9.68 %
- ROE 6.03 %
- Face Value ₹ 1.00
Pros
- Company has been maintaining a healthy dividend payout of 22.7%
Cons
- Stock is trading at 2.67 times its book value
- Company has a low return on equity of 7.67% over last 3 years.
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 161 | 156 | 141 | 172 | 166 | 223 | 229 | 178 | 213 | 320 | 299 | 382 | 439 | |
| 128 | 129 | 123 | 144 | 153 | 197 | 202 | 157 | 196 | 289 | 258 | 328 | 380 | |
| Operating Profit | 33 | 26 | 18 | 27 | 14 | 26 | 28 | 21 | 16 | 31 | 40 | 54 | 59 |
| OPM % | 21% | 17% | 13% | 16% | 8% | 12% | 12% | 12% | 8% | 10% | 13% | 14% | 14% |
| 3 | 4 | 2 | 3 | 5 | 1 | 2 | 5 | 5 | 4 | 16 | 8 | 8 | |
| Interest | 1 | 0 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 2 | 11 | 16 | 14 |
| Depreciation | 7 | 5 | 8 | 11 | 11 | 11 | 13 | 10 | 7 | 8 | 19 | 29 | 31 |
| Profit before tax | 28 | 24 | 11 | 18 | 7 | 16 | 15 | 14 | 14 | 26 | 27 | 17 | 22 |
| Tax % | 34% | 33% | 38% | 36% | 10% | 22% | 32% | 30% | 20% | 23% | 29% | 23% | |
| 18 | 16 | 7 | 11 | 6 | 12 | 11 | 10 | 11 | 20 | 19 | 13 | 16 | |
| EPS in Rs | 3.43 | 2.98 | 1.24 | 2.09 | 1.20 | 2.26 | 1.96 | 1.87 | 2.02 | 3.67 | 3.49 | 2.41 | 3.03 |
| Dividend Payout % | 22% | 25% | 40% | 26% | 25% | 27% | 31% | 32% | 30% | 19% | 20% | 29% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 11% |
| 3 Years: | 22% |
| TTM: | 15% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -2% |
| 5 Years: | 2% |
| 3 Years: | 5% |
| TTM: | 10% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 20% |
| 3 Years: | 10% |
| 1 Year: | 3% |
| Return on Equity | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 7% |
| 3 Years: | 8% |
| Last Year: | 6% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| Reserves | 106 | 112 | 115 | 129 | 132 | 143 | 150 | 158 | 166 | 182 | 199 | 209 | 211 |
| 1 | 3 | 18 | 2 | 3 | 8 | 2 | 6 | 12 | 47 | 123 | 128 | 133 | |
| 32 | 32 | 37 | 34 | 33 | 33 | 33 | 36 | 36 | 47 | 127 | 146 | 156 | |
| Total Liabilities | 145 | 151 | 176 | 170 | 173 | 189 | 190 | 205 | 220 | 282 | 454 | 489 | 506 |
| 64 | 56 | 84 | 75 | 66 | 59 | 50 | 45 | 45 | 57 | 240 | 257 | 251 | |
| CWIP | 1 | 7 | 1 | 1 | 1 | 0 | 0 | 0 | 1 | 23 | 9 | 1 | 1 |
| Investments | 5 | 0 | 20 | 22 | 32 | 36 | 35 | 36 | 47 | 46 | 48 | 49 | 54 |
| 75 | 88 | 71 | 72 | 74 | 93 | 104 | 124 | 127 | 156 | 157 | 182 | 200 | |
| Total Assets | 145 | 151 | 176 | 170 | 173 | 189 | 190 | 205 | 220 | 282 | 454 | 489 | 506 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 45 | 13 | 14 | 22 | 16 | 13 | 18 | 25 | 10 | 30 | 19 | 44 | |
| -12 | -6 | -48 | -2 | -12 | -8 | -2 | -3 | -12 | -58 | -86 | -34 | |
| -10 | -3 | 9 | -21 | -3 | 3 | -10 | -2 | -1 | 30 | 65 | -10 | |
| Net Cash Flow | 22 | 3 | -25 | -1 | 2 | 7 | 6 | 20 | -3 | 2 | -2 | 0 |
| Free Cash Flow | 35 | 1 | -17 | 19 | 14 | 9 | 13 | 20 | 2 | -33 | -77 | 7 |
| CFO/OP | 161% | 72% | 94% | 91% | 148% | 69% | 99% | 150% | 90% | 117% | 53% | 81% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 65 | 60 | 71 | 62 | 76 | 82 | 86 | 94 | 91 | 68 | 78 | 63 |
| Inventory Days | 110 | 172 | 280 | 215 | 162 | 110 | 85 | 203 | 178 | 75 | 238 | 335 |
| Days Payable | 73 | 80 | 127 | 44 | 70 | 59 | 66 | 118 | 122 | 96 | 221 | 223 |
| Cash Conversion Cycle | 102 | 153 | 223 | 233 | 168 | 133 | 106 | 179 | 147 | 46 | 95 | 175 |
| Working Capital Days | 50 | 54 | 42 | 87 | 90 | 73 | 85 | 92 | 89 | 34 | -21 | 1 |
| ROCE % | 27% | 21% | 10% | 14% | 6% | 12% | 12% | 9% | 8% | 13% | 10% | 10% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtors Turnover times |
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| Total Melting Capacity TPD |
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| Daily Production Units (I.S. Machines) Million containers |
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| Top 10 Customers Revenue Concentration % |
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| Annual Installed Capacity MTPA |
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| Liquor Sector Revenue Contribution % |
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Extracted by Screener AI
Documents
Announcements
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Board Meeting Intimation for Consideration And Approval Of Audit Financial Results (Standalone And Consolidated) For The Quarter And Year Ended March 31, 2026 And Recommendation Of Dividend, If Any, On The Equity Shares Of The Company For The Financial Year 2025-2026
1d - Board meeting on May 21, 2026 to approve audited FY26 results and consider dividend.
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Reply To Clarification Sought From Haldyn Glass Limited
1 May - May 01, 2026: Company clarified share price movement is market-driven and no disclosures are pending.
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Clarification sought from Haldyn Glass Ltd
30 Apr - Exchange has sought clarification from Haldyn Glass Ltd on April 30, 2026 with reference to significant movement in price, in order to ensure that investors …
- Announcement under Regulation 30 (LODR)-Newspaper Publication 30 Apr
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Intimation Regarding Second 100 Days Campaign - ''''Saksham Niveshak''''
29 Apr - Haldyn Glass launches second Saksham Niveshak campaign from April 1 to July 9, 2026 for unclaimed dividends.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
Business Overview:[1]
HGL is promoted by Haldyn Corporation Limited (parent company), which holds ~53.64% in HGL. Company manufactures Soda Lime Flint & Amber Glass containers. It creates, designs, and shapes bottles used in the food, pharmaceutical, beverage, liquor, and beer industries.