Sejal Glass Ltd
Incorporated in 1998, Sejal Glass Ltd is in the business of value addition of glass & glass products[1]
- Market Cap ₹ 944 Cr.
- Current Price ₹ 934
- High / Low ₹ 1,038 / 314
- Stock P/E 48.2
- Book Value ₹ 54.8
- Dividend Yield 0.00 %
- ROCE 13.5 %
- ROE 32.5 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 26.5% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 35.3%
Cons
- Stock is trading at 17.0 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Company has high debtors of 152 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
Industrials Capital Goods Industrial Products Glass - Industrial
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| 126 | 10 | 9 | 4 | 10 | 24 | 46 | 164 | 244 | 310 | |
| 141 | 15 | 15 | 8 | 13 | 25 | 44 | 143 | 210 | 263 | |
| Operating Profit | -15 | -5 | -7 | -4 | -3 | -1 | 3 | 20 | 34 | 47 |
| OPM % | -12% | -56% | -78% | -115% | -29% | -5% | 6% | 12% | 14% | 15% |
| 8 | 3 | -3 | -12 | -10 | 150 | -1 | 1 | 1 | 4 | |
| Interest | 9 | 2 | 2 | 2 | 3 | 1 | 2 | 13 | 16 | 19 |
| Depreciation | 2 | 3 | 3 | 2 | 2 | 1 | 1 | 6 | 7 | 11 |
| Profit before tax | -19 | -7 | -15 | -22 | -18 | 147 | -1 | 3 | 12 | 21 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | -765% | 0% | 5% | |
| -19 | -7 | -15 | -22 | -18 | 147 | 8 | 3 | 11 | 20 | |
| EPS in Rs | -5.62 | -2.23 | -4.37 | -6.41 | -5.49 | 145.50 | 7.77 | 3.28 | 10.85 | 19.37 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 131% |
| 3 Years: | 116% |
| TTM: | 47% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 27% |
| 3 Years: | 75% |
| TTM: | 281% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 58% |
| 5 Years: | 211% |
| 3 Years: | 59% |
| 1 Year: | 58% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 35% |
| Last Year: | 33% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 34 | 34 | 34 | 34 | 34 | 10 | 10 | 10 | 10 | 10 |
| Reserves | 119 | -129 | -145 | -166 | -185 | -4 | 4 | 19 | 28 | 45 |
| 56 | 27 | 22 | 22 | 22 | 33 | 31 | 162 | 183 | 227 | |
| 95 | 133 | 141 | 165 | 182 | 4 | 5 | 39 | 64 | 106 | |
| Total Liabilities | 303 | 64 | 52 | 55 | 53 | 43 | 51 | 230 | 285 | 389 |
| 76 | 39 | 35 | 32 | 30 | 33 | 20 | 115 | 118 | 187 | |
| CWIP | 7 | 5 | 3 | 3 | 3 | 0 | 0 | 5 | 3 | 3 |
| Investments | 1 | 1 | 1 | 0 | 0 | 0 | 3 | 6 | 3 | 5 |
| 218 | 19 | 14 | 20 | 21 | 10 | 27 | 105 | 161 | 193 | |
| Total Assets | 303 | 64 | 52 | 55 | 53 | 43 | 51 | 230 | 285 | 389 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| -1 | 3 | 7 | 3 | -6 | -3 | -9 | -6 | ||
| 16 | 4 | 0 | 0 | -2 | 8 | -39 | -0 | ||
| -15 | -7 | -2 | -3 | 4 | -4 | 49 | 9 | ||
| Net Cash Flow | -0 | 0 | 5 | -1 | -4 | 1 | 0 | 3 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 189 | 225 | 177 | 415 | 180 | 70 | 81 | 152 | 152 |
| Inventory Days | 31 | 121 | 24 | 101 | 54 | 46 | 36 | 58 | 55 |
| Days Payable | 170 | 696 | 617 | 1,883 | 695 | 19 | 29 | 101 | 123 |
| Cash Conversion Cycle | 51 | -349 | -416 | -1,367 | -461 | 96 | 88 | 110 | 84 |
| Working Capital Days | -76 | -5,337 | -6,496 | -17,181 | -6,949 | -410 | -108 | 54 | 44 |
| ROCE % | 5% | 13% | 14% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
25 Oct - Q2 FY26 revenues ₹105.04Cr, net profit ₹8.12Cr; H1 revenues ₹182.81Cr; board approved Oct 18, 2025.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 20 Oct
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Board Meeting Outcome for Outcome Of Board Meeting
18 Oct - Approved unaudited Q2/H1 results for Sep 30, 2025; Apr 10, 2025 slump-sale acquisition of Glasstech business.
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Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
16 Oct - Special resolutions approved Oct 15, 2025: 1,300,000 shares and 400,000 warrants preferential allotment.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Oct - Publication of Corrigendum to Postal Ballot Notice dated 15th September, 2025 in Free Press Journal (English Edition) and Navshakti (Marathi edition) Newspaper dated 12th October, …
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Concalls
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May 2025TranscriptPPT
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Nov 2024TranscriptPPTREC
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Aug 2024TranscriptPPTREC
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May 2024TranscriptPPT
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Feb 2024TranscriptPPT
Business Overview:[1]
SJL is the flagship company of Sejal Group. It does processing of Glass and Value Added Glass in various forms viz. Tempering, Designing, Insulating and Laminated Glass