About Glen Industries
Glen Industries is a publicly listed company based in Kolkata (India) founded in 2007. Glen Industries is recognized for manufacturing food packaging solutions. It operates on a Reseller / Distribution model. The company has 114 employees. Its chief executive, as recorded, is Nikhil Agrawal. Its Indian entity Glen Industries Limited reported revenue of ₹205 Cr. Glen Industries offers products and services including Thin Wall Food Containers, Compostable Straws, and U-Shaped Straws. Its focus areas include Manufacturing, Packaging and Food Packaging.
Company details
Glen Industries is engaged in the production of innovative food packaging solutions, including thin wall food containers, compostable straws, and U-shaped straws for aseptic packaging. The company is a leader in the Indian market, serving major HORECA, FMCG, and beverage companies. Products are exported to over 25 countries across North America, Europe, Australia, Middle East, Africa, and Far East. Emphasis is placed on quality and hygiene through frequent inspections across production and packaging processes. Sustainable growth is pursued through partnerships with national and international clients.
- Headquarters Kolkata, India
- Employees 114
- Stage Public
- SectorsConsumer
- Email••••••••
- Website glen-india.com
- Social LinkedIn Facebook Instagram
- Legal Name Glen Industries Limited
- Market Cap₹253 Cr
GLEN · BSE
- Share Price₹103.00
-1.90% today
- Revenue₹203 Cr
FY 2025-26 · +19.0% YoY
- EBITDA₹37.03 Cr
Margin 18.2%
- Net Profit₹16.47 Cr
FY 2025-26 · -8.0% YoY
- P/E (TTM)15.3x
P/B 1.9x
- ROE16.7%
ROCE 13.6%
- Debt / Equity1.28
Interest cover 32.2x
- Employee Count114
Associated legal entities of Glen Industries
Glen Industries is associated with 2 registered companies on The Company Check; the primary company is Glen Industries Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Glen Industries Limited Listed CIN L21097WB2007PLC119239 | Active | 05 Oct 2007 | Kolkata, West Bengal | ₹205 Cr | 232 | 8 | View details |
| Glen Industries Ltd. CIN U21097WB2007PLC119239 | 05 Oct 2007 | Kolkata, West Bengal, India | View details |
Products & Services of Glen Industries
Glen Industries offers a comprehensive portfolio of products and services, including Thin Wall Food Containers, Compostable Straws, and U-Shaped Straws.
Thin wall containers are produced for food storage.
Eco-friendly straws are manufactured for sustainable beverage use.
U-shaped straws are supplied for aseptic beverage packaging.
Board of directors of Glen Industries Limited (Glen Industries)
Glen Industries Limited is the primary company behind Glen Industries. The board of Glen Industries Limited currently have 6 directors; the longest-serving is Lalit Agrawal, appointed in 2017. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Lalit Agrawal DIN 00571843 | Whole-time director | 23 Jan 2017 | 9 yrs 9 mo | Glen Industries Limited |
| Nikhil Agrawal DIN 07582883 | Managing Director | 23 Jan 2017 | 9 yrs 9 mo | Glen Industries Limited |
| Niyati Seksaria DIN 08848730 | Whole-time director | 01 Sep 2020 | 6 yrs 1 mo | Glen Industries Limited |
| Prashant Singhania DIN 08538079 | Director | 16 Sep 2024 | 2 yrs 1 mo | Glen Industries Limited |
| Chandan Sengupta DIN 10051002 | Director | 16 Sep 2024 | 2 yrs 1 mo | Glen Industries Limited |
| Manoj Baid DIN 10776696 | Director | 16 Sep 2024 | 2 yrs 1 mo | Glen Industries Limited |
People of Glen Industries
1 people are tracked at Glen Industries (1 in leadership); the tracked headcount is 114.
| Name | Role | Group |
|---|---|---|
| CEO & MD | Leadership |
Complete people profiles for Glen Industries
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Glen Industries
Glen Industries is a publicly listed company on the BSE with ticker symbol GLEN in India, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date15 Jul 2025
- Listed onBSE: 544444
- Listed entityGlen Industries Limited
- Exchange sectorProcess industries
- ISININE0UMC01019
- Share price₹110.65 (+4.98% on the day) · 2026-10-14
- Market capitalisation₹254 Cr
- Price to earnings16.1
- EPS (diluted, trailing year)₹6.86
- Volume (last session)82,800
Financials of Glen Industries
Exchange-reported figures of Glen Industries Limited, the listed company behind Glen Industries (BSE: GLEN).
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | 203 | 171 | 145 | 119 | 93.85 |
| Revenue growth | +19.0% | +18.0% | +21.7% | +26.6% | - |
| EBITDA | 37.03 | 40.23 | 24.82 | 13.51 | 10.82 |
| EBITDA margin | +18.2% | +23.6% | +17.2% | +11.4% | +11.5% |
| Profit before tax | 21.72 | 24.44 | 11.41 | 2.63 | 5.03 |
| Net profit | 16.47 | 17.91 | 8.42 | 3.06 | 3.65 |
| Net profit margin | +8.1% | +10.5% | +5.8% | +2.6% | +3.9% |
| EPS (₹) | 5.12 | 10.37 | 82.42 | 14.38 | 35.60 |
| Balance sheet | |||||
| Total assets | 262 | 194 | 139 | 122 | 97.99 |
| Net worth | 140 | 58.46 | 45.50 | 36.41 | 22.60 |
| Total debt | 121 | 133 | 89.00 | 81.65 | 72.18 |
| Cash & bank | 33.80 | 2.07 | 0.82 | 3.96 | 3.47 |
| Net working capital | 146 | 87.62 | 59.58 | 49.12 | 41.05 |
| Cash flow | |||||
| Cash from operations | 5.85 | 5.77 | 13.91 | 11.39 | (13.65) |
| Cash from investing | (17.69) | (34.80) | (13.31) | (14.91) | (22.11) |
| Cash from financing | 11.15 | 30.08 | (1.55) | 3.83 | 33.75 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | 203 | 171 | 145 | 119 | 93.85 |
| Revenue growth | +19.0% | +18.0% | +21.7% | +26.6% | - |
| EBITDA | 37.16 | 40.26 | 24.82 | 12.59 | 10.85 |
| EBITDA margin | +18.3% | +23.6% | +17.2% | +10.6% | +11.6% |
| Profit before tax | 21.85 | 24.47 | 11.41 | 1.71 | 5.15 |
| Net profit | 16.60 | 17.94 | 8.42 | 1.79 | 3.82 |
| Net profit margin | +8.2% | +10.5% | +5.8% | +1.5% | +4.1% |
| EPS (₹) | 6.91 | 10.39 | 82.46 | 5.48 | 37.27 |
| Balance sheet | |||||
| Total assets | 262 | 193 | 139 | 122 | 98.82 |
| Net worth | 132 | 58.49 | 45.50 | 36.42 | 23.53 |
| Total debt | 128 | 132 | 88.83 | 81.65 | 72.08 |
| Cash & bank | 33.76 | 2.00 | 0.79 | 3.94 | 3.43 |
| Net working capital | 145 | 87.40 | 59.41 | 49.11 | 44.17 |
| Cash flow | |||||
| Cash from operations | 6.04 | 5.79 | 9.83 | 11.32 | (13.55) |
| Cash from investing | (17.68) | (34.41) | (13.31) | (14.91) | (22.11) |
| Cash from financing | 10.97 | 29.62 | (1.12) | 3.93 | 33.65 |
| Particulars | Sep 2024 | Jun 2024 |
|---|---|---|
| Revenue | 40.90 | 43.23 |
| Other income | 0.29 | 0.43 |
| Total expenses | 33.51 | 32.97 |
| EBITDA | 7.39 | 10.26 |
| EBITDA margin | +18.1% | +23.7% |
| Depreciation | 1.85 | 1.71 |
| Interest | 1.56 | 1.94 |
| Profit before tax | 4.27 | 7.04 |
| Tax | 1.02 | 1.80 |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Revenue | 203 | 171 | 145 | 119 | 93.85 |
| Revenue growth | +19.0% | +18.0% | +21.7% | +26.6% | - |
| Other income | 2.03 | 0.62 | 0.28 | 0.74 | 2.86 |
| Total expenses | 166 | 130 | 120 | 105 | 83.03 |
| Employee cost | 15.20 | 12.36 | 10.58 | 8.09 | 6.59 |
| EBITDA | 37.03 | 40.23 | 24.82 | 13.51 | 10.82 |
| EBITDA margin | +18.2% | +23.6% | +17.2% | +11.4% | +11.5% |
| Depreciation | 7.99 | 7.36 | 6.40 | 5.97 | 4.80 |
| Interest | 9.35 | 9.05 | 7.29 | 5.65 | 3.85 |
| Profit before tax | 21.72 | 24.44 | 11.41 | 2.63 | 5.03 |
| Tax | 5.22 | 6.23 | 2.90 | 1.15 | 1.35 |
| Net profit | 16.47 | 17.91 | 8.42 | 3.06 | 3.65 |
| Net profit margin | +8.1% | +10.5% | +5.8% | +2.6% | +3.9% |
| EPS (₹) | 5.12 | 10.37 | 82.42 | 14.38 | 35.60 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Equity & liabilities | |||||
| Share capital | 32.20 | 17.56 | 5.74 | 5.74 | 5.74 |
| Reserves & surplus | 107 | 40.90 | 39.76 | 30.67 | 16.86 |
| Shareholders' funds (net worth) | 140 | 58.46 | 45.50 | 36.41 | 22.60 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 97.33 | 87.54 | 57.38 | 55.26 | 50.74 |
| Unsecured loans | 23.40 | 45.29 | 31.62 | 26.39 | 21.44 |
| Total debt | 121 | 133 | 89.00 | 81.65 | 72.18 |
| Total liabilities | 262 | 194 | 139 | 122 | 97.99 |
| Assets | |||||
| Gross block | 143 | 134 | 99.63 | 86.30 | 62.33 |
| Net block | 108 | 108 | 80.66 | 73.15 | 55.25 |
| Capital work in progress | 11.89 | 0.54 | 0.00 | 0.00 | 0.79 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 78.42 | 59.59 | 41.54 | 36.27 | 29.59 |
| Sundry debtors | 37.17 | 30.71 | 26.60 | 16.46 | 15.32 |
| Cash & bank balances | 33.80 | 2.07 | 0.82 | 3.96 | 3.47 |
| Loans & advances | 19.81 | 11.39 | 8.60 | 5.03 | 9.44 |
| Total current assets | 169 | 104 | 77.56 | 61.72 | 57.82 |
| Total current liabilities | 23.51 | 16.14 | 17.98 | 12.60 | 16.77 |
| Net working capital | 146 | 87.62 | 59.58 | 49.12 | 41.05 |
| Total assets | 262 | 194 | 139 | 122 | 97.99 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Opening cash | 1.22 | 0.17 | 1.13 | 0.82 | 2.83 |
| Net cash from operating activities | 5.85 | 5.77 | 13.91 | 11.39 | (13.65) |
| Net cash from investing activities | (17.69) | (34.80) | (13.31) | (14.91) | (22.11) |
| Net cash from financing activities | 11.15 | 30.08 | (1.55) | 3.83 | 33.75 |
| Net change in cash | (0.70) | 1.04 | (0.95) | 0.31 | (2.01) |
| Closing cash | 33.80 | 2.07 | 0.82 | 3.96 | 3.47 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Growth | |||||
| Sales growth | +19.0% | +18.0% | +21.7% | +26.6% | - |
| EBITDA growth | -8.0% | +62.1% | +83.7% | +24.9% | - |
| PBT growth | -11.1% | +114.2% | +333.8% | -47.7% | +9997.0% |
| Net income growth | -8.0% | +112.7% | +175.2% | -16.2% | - |
| Revenue CAGR (3Y) | +19.6% | +22.1% | - | - | - |
| EBITDA CAGR (3Y) | +40.0% | +54.9% | - | - | - |
| Profitability & leverage | |||||
| Net income margin | +8.1% | +10.7% | +5.9% | +1.3% | +3.9% |
| Return on capital employed | +13.6% | +20.1% | +14.3% | +10.1% | +9.0% |
| Return on net worth | +16.7% | +36.7% | +23.5% | +12.2% | +19.9% |
| Debt / equity | 1.28 | 2.13 | 2.08 | 2.61 | 3.19 |
| Long-term debt / equity | 0.33 | 0.69 | 0.79 | 1.20 | 1.60 |
| Interest cover | 32.20 | 27.53 | 39.58 | 74.93 | 63.95 |
| Efficiency & per share | |||||
| Fixed asset turnover | 1.46 | 1.46 | 1.56 | 1.60 | 1.51 |
| Inventory turnover | 2.94 | 3.38 | 3.72 | 3.61 | 3.17 |
| Debtors turnover | 5.98 | 5.96 | 6.72 | 7.48 | 6.13 |
| EPS (₹) | 5.12 | 10.37 | 82.42 | 14.38 | 35.60 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 43.36 | 33.28 | 394.79 | 306.87 | 173.19 |
| Particulars | Sep 2024 | Jun 2024 |
|---|---|---|
| Revenue | 40.90 | 43.23 |
| Other income | 0.29 | 0.43 |
| Total expenses | 33.51 | 32.97 |
| EBITDA | 7.39 | 10.26 |
| EBITDA margin | +18.1% | +23.7% |
| Depreciation | 1.85 | 1.71 |
| Interest | 1.56 | 1.94 |
| Profit before tax | 4.27 | 7.04 |
| Tax | 1.02 | 1.80 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Revenue | 203 | 171 | 145 | 119 | 93.85 |
| Revenue growth | +19.0% | +18.0% | +21.7% | +26.6% | - |
| Other income | 2.03 | 0.62 | 0.28 | 0.74 | 2.86 |
| Total expenses | 166 | 130 | 120 | 106 | 83.00 |
| Employee cost | 15.17 | 12.34 | 10.58 | 8.09 | 6.59 |
| EBITDA | 37.16 | 40.26 | 24.82 | 12.59 | 10.85 |
| EBITDA margin | +18.3% | +23.6% | +17.2% | +10.6% | +11.6% |
| Depreciation | 7.99 | 7.36 | 6.40 | 5.97 | 4.71 |
| Interest | 9.35 | 9.05 | 7.29 | 5.65 | 3.85 |
| Profit before tax | 21.85 | 24.47 | 11.41 | 1.71 | 5.15 |
| Tax | 5.22 | 6.23 | 2.90 | 1.15 | 1.30 |
| Net profit | 16.60 | 17.94 | 8.42 | 1.79 | 3.82 |
| Net profit margin | +8.2% | +10.5% | +5.8% | +1.5% | +4.1% |
| EPS (₹) | 6.91 | 10.39 | 82.46 | 5.48 | 37.27 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Equity & liabilities | |||||
| Share capital | 24.06 | 17.56 | 5.74 | 5.74 | 5.74 |
| Reserves & surplus | 108 | 40.93 | 39.76 | 30.68 | 17.79 |
| Shareholders' funds (net worth) | 132 | 58.49 | 45.50 | 36.42 | 23.53 |
| Secured loans | 97.33 | 87.54 | 57.38 | 55.26 | 50.74 |
| Unsecured loans | 30.74 | 44.67 | 31.45 | 26.39 | 21.34 |
| Total debt | 128 | 132 | 88.83 | 81.65 | 72.08 |
| Total liabilities | 262 | 193 | 139 | 122 | 98.82 |
| Assets | |||||
| Gross block | 143 | 134 | 99.61 | 86.06 | 56.27 |
| Net block | 108 | 108 | 80.64 | 73.15 | 49.43 |
| Capital work in progress | 11.49 | 0.15 | 0.00 | 0.00 | 0.79 |
| Investments | 0.02 | 0.02 | 0.02 | 0.02 | 3.42 |
| Inventories | 78.42 | 59.59 | 41.54 | 36.27 | 29.59 |
| Sundry debtors | 37.17 | 30.71 | 26.60 | 16.46 | 15.32 |
| Cash & bank balances | 33.76 | 2.00 | 0.79 | 3.94 | 3.43 |
| Loans & advances | 19.61 | 11.24 | 8.44 | 5.04 | 12.59 |
| Total current assets | 169 | 104 | 77.37 | 61.71 | 60.93 |
| Total current liabilities | 23.51 | 16.14 | 17.96 | 12.60 | 16.76 |
| Net working capital | 145 | 87.40 | 59.41 | 49.11 | 44.17 |
| Total assets | 262 | 193 | 139 | 122 | 98.82 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Opening cash | 1.16 | 0.16 | 4.76 | 0.00 | 0.00 |
| Net cash from operating activities | 6.04 | 5.79 | 9.83 | 11.32 | (13.55) |
| Net cash from investing activities | (17.68) | (34.41) | (13.31) | (14.91) | (22.11) |
| Net cash from financing activities | 10.97 | 29.62 | (1.12) | 3.93 | 33.65 |
| Net change in cash | (0.67) | 1.00 | (4.60) | 0.34 | (2.01) |
| Closing cash | 33.76 | 2.00 | 0.79 | 3.94 | 3.43 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Growth | |||||
| Sales growth | +19.0% | +18.0% | +21.7% | +26.6% | - |
| EBITDA growth | -7.7% | +62.2% | +97.1% | +16.0% | - |
| PBT growth | -10.7% | +114.5% | +567.3% | -66.8% | +9997.0% |
| Net income growth | -7.5% | +113.1% | +370.4% | -53.1% | - |
| Revenue CAGR (3Y) | +19.6% | +22.1% | - | - | - |
| EBITDA CAGR (3Y) | +43.4% | +54.8% | - | - | - |
| Profitability & leverage | |||||
| Net income margin | +8.2% | +10.7% | +5.9% | +0.5% | +4.1% |
| Return on capital employed | +13.7% | +20.2% | +14.3% | +10.1% | +9.1% |
| Return on net worth | +17.5% | +36.8% | +23.5% | +7.1% | +20.5% |
| Debt / equity | 1.37 | 2.13 | 2.08 | 2.56 | 3.06 |
| Long-term debt / equity | 0.38 | 0.69 | 0.71 | 0.95 | 1.20 |
| Interest cover | 32.05 | 27.51 | 39.58 | 85.35 | 62.70 |
| Efficiency & per share | |||||
| Fixed asset turnover | 1.46 | 1.46 | 1.56 | 1.67 | 1.67 |
| Inventory turnover | 2.94 | 3.38 | 3.72 | 3.61 | 3.17 |
| Debtors turnover | 5.98 | 5.96 | 6.72 | 7.48 | 6.13 |
| EPS (₹) | 6.91 | 10.39 | 82.46 | 5.48 | 37.27 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 54.71 | 33.30 | 394.79 | 306.96 | 182.17 |
Web traffic of Glen Industries
The website of Glen Industries (glen-india.com) receives about 3.2K visits a month.
- Monthly visits3.2K
▼ 62.8% vs previous month
Top companies in Food Packaging
3 companies that operate in the same segment as Glen Industries (Food Packaging) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Diverse products in FMCG, hotels, packaging, and agri-business are offered. | 1910 | Kolkata, West Bengal, India | USD 8.78 B | 47,360 | ||
Glass containers are manufactured for pharmaceuticals and beverages. | 1946 | Kolkata, West Bengal, India | USD 212.68 M | 904 | ||
Disposable plates are manufactured by Agrileaf in India. | 2020 | Mangaluru, Karnataka, India | USD 1.89 M | USD 1.54 M | 54 |
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Frequently Asked Questions about Glen Industries
Glen Industries was founded in 2007.
Glen Industries is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
Nikhil Agrawal is the CEO of Glen Industries, as recorded in our data.
Glen Industries has 114 employees.
The primary company behind Glen Industries, Glen Industries Limited, reported revenue of ₹205 Cr for FY 2026, up 19% year on year.
Glen Industries is engaged in the production of innovative food packaging solutions, including thin wall food containers, compostable straws, and U-shaped straws for aseptic packaging. The company is a leader in the Indian market, serving major HORECA, FMCG, and beverage companies. Products are exported to over 25 countries across North America, Europe, Australia, Middle East, Africa, and Far East. Emphasis is placed on quality and hygiene through frequent inspections across production and packaging processes. Sustainable growth is pursued through partnerships with national and international clients.
Glen Industries offers Thin Wall Food Containers, Compostable Straws, and U-Shaped Straws.
Yes, Glen Industries is publicly traded on BSE under the ticker symbol GLEN.
Glen Industries operates through Glen Industries Limited.
The legal entities of Glen Industries currently have 8 directors, including Lalit Agrawal, Niyati Seksaria, Nikhil Agrawal and others.