Haldyn Glass Ltd

Haldyn Glass Ltd

₹ 112 1.30%
02 Jun 3:44 p.m.
About

Incorporated in 1991, Haldyn Glass
Ltd is in the business of manufacturing
glass containers[1]

Key Points

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.

  • Market Cap 600 Cr.
  • Current Price 112
  • High / Low 155 / 70.4
  • Stock P/E 30.5
  • Book Value 42.1
  • Dividend Yield 0.62 %
  • ROCE 11.8 %
  • ROE 8.93 %
  • Face Value 1.00

Pros

  • Company has been maintaining a healthy dividend payout of 23.2%

Cons

  • Stock is trading at 2.56 times its book value
  • Company has a low return on equity of 7.22% 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
74.15 72.89 46.46 95.22 84.21 86.84 105.90 105.25 83.61 115.02 115.71 124.70 108.24
68.01 61.66 47.84 79.19 70.80 74.69 90.73 93.15 70.10 98.44 102.60 108.46 92.46
Operating Profit 6.14 11.23 -1.38 16.03 13.41 12.15 15.17 12.10 13.51 16.58 13.11 16.24 15.78
OPM % 8.28% 15.41% -2.97% 16.83% 15.92% 13.99% 14.32% 11.50% 16.16% 14.41% 11.33% 13.02% 14.58%
0.12 1.74 5.10 0.22 8.53 1.97 0.07 3.75 1.92 0.13 4.27 1.22 1.53
Interest 0.51 0.71 1.14 2.29 5.39 3.51 3.69 3.86 3.90 3.62 3.42 3.33 3.01
Depreciation 2.06 2.17 3.35 6.12 7.15 6.25 7.58 7.58 7.33 7.59 7.96 7.88 7.00
Profit before tax 3.69 10.09 -0.77 7.84 9.40 4.36 3.97 4.41 4.20 5.50 6.00 6.25 7.30
Tax % -32.52% 32.11% -109.09% 27.93% 34.15% 19.72% 24.69% 24.72% 24.76% 26.91% 26.00% 26.08% 27.95%
4.89 6.85 0.07 5.65 6.19 3.50 2.99 3.31 3.16 4.01 4.44 4.61 5.25
EPS in Rs 0.91 1.27 0.01 1.05 1.15 0.65 0.56 0.62 0.59 0.75 0.83 0.86 0.98
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
156 141 172 166 223 229 178 213 320 299 382 464
129 123 144 153 197 202 157 196 289 258 328 402
Operating Profit 26 18 27 14 26 28 21 16 31 40 54 62
OPM % 17% 13% 16% 8% 12% 12% 12% 8% 10% 13% 14% 13%
4 2 3 5 1 2 5 5 4 16 8 7
Interest 0 1 1 1 0 1 1 1 2 11 16 13
Depreciation 5 8 11 11 11 13 10 7 8 19 29 30
Profit before tax 24 11 18 7 16 15 14 14 26 27 17 25
Tax % 33% 38% 36% 10% 22% 32% 30% 20% 23% 29% 23% 27%
16 7 11 6 12 11 10 11 20 19 13 18
EPS in Rs 2.98 1.24 2.09 1.20 2.26 1.96 1.87 2.02 3.67 3.49 2.41 3.41
Dividend Payout % 25% 40% 26% 25% 27% 31% 32% 30% 19% 20% 29% 21%
Compounded Sales Growth
10 Years: 13%
5 Years: 21%
3 Years: 13%
TTM: 22%
Compounded Profit Growth
10 Years: 10%
5 Years: 15%
3 Years: 1%
TTM: 56%
Stock Price CAGR
10 Years: 15%
5 Years: 22%
3 Years: 14%
1 Year: 6%
Return on Equity
10 Years: 8%
5 Years: 8%
3 Years: 7%
Last Year: 9%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 5 5 5 5 5 5 5 5 5 5 5 5
Reserves 112 115 129 132 143 150 158 166 182 199 209 221
3 18 2 3 8 2 6 12 47 123 128 116
32 37 34 33 33 33 36 36 47 127 146 155
Total Liabilities 151 176 170 173 189 190 205 220 282 454 489 497
56 84 75 66 59 50 45 45 57 240 257 251
CWIP 7 1 1 1 0 0 0 1 23 9 1 2
Investments 0 20 22 32 36 35 36 47 46 48 49 54
88 71 72 74 93 104 124 127 156 157 182 190
Total Assets 151 176 170 173 189 190 205 220 282 454 489 497

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
13 14 22 16 13 18 25 10 30 19 44 62
-6 -48 -2 -12 -8 -2 -3 -12 -58 -86 -34 -34
-3 9 -21 -3 3 -10 -2 -1 30 65 -10 -30
Net Cash Flow 3 -25 -1 2 7 6 20 -3 2 -2 0 -1
Free Cash Flow 1 -17 19 14 9 13 20 2 -33 -77 7 33
CFO/OP 72% 94% 91% 148% 69% 99% 150% 90% 117% 53% 81% 104%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 60 71 62 76 82 86 94 91 68 78 63 57
Inventory Days 172 280 215 162 110 85 203 178 75 238 335 194
Days Payable 80 127 44 70 59 66 118 122 96 221 223 175
Cash Conversion Cycle 153 223 233 168 133 106 179 147 46 95 175 77
Working Capital Days 54 42 87 90 73 85 92 89 34 -21 1 -8
ROCE % 21% 10% 14% 6% 12% 12% 9% 8% 13% 10% 10% 12%

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
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Export Revenue Contribution
%
Total Melting Capacity
TPD
Sales Volume
MT
Daily Production Units (I.S. Machines)
Million containers
Top 10 Customers Revenue Concentration
%
Annual Installed Capacity
MTPA
Capacity Utilization
%
Liquor Sector Revenue Contribution
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
58.14% 58.14% 58.14% 58.14% 58.14% 58.14% 58.14% 58.14% 58.14% 58.53% 58.88% 59.01%
0.00% 0.00% 0.00% 0.00% 0.00% 0.06% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 1.17% 1.51% 1.74% 1.79% 1.98% 2.44% 2.64% 1.46% 1.53% 1.80%
41.86% 41.87% 40.69% 40.36% 40.12% 40.02% 39.89% 39.41% 39.22% 40.02% 39.59% 39.19%
No. of Shareholders 20,89822,52623,18821,93821,89821,41321,84021,68221,49222,15921,56620,931

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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