MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-GJ-24-0065639
Market Cap
₹687 Cr
HALDYNGL · NSE
Share Price
₹126.90
-0.67% today
Revenue
₹464 Cr
FY 2025-26 · +21.5% YoY
EBITDA
₹61.41 Cr
Margin 13.2%
Net Profit
₹25.72 Cr
FY 2025-26 · +40.9% YoY
P/E (TTM)
23.5x
P/B 3.1x
ROE
11.0%
ROCE 12.2%
Debt / Equity
0.54
Interest cover 45.6x
About Haldyn Glass Limited
Data last updated:
Haldyn Glass Limited is a public limited company based in Vadodara, Gujarat, India, a subsidiary of Haldyn Corporation Limited. It operates in the bottle and cap manufacturing segment of the packaging sector. It was incorporated on 25 April 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L51909GJ1991PLC015522. Its GSTIN is 24AAACH9738F1ZK (Gujarat). The company holds 3 GST registrations, of which 2 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 515147 and NSE: HALDYNGL.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹5.38 Cr. It was formerly known as Haldyn Glass Gujarat Limited. It is led by directors including Tarun Narendra Shetty (Managing Director) and Narendra Dejoo Shetty (Whole-Time Director).
Its last annual general meeting (AGM) was held on 16 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Village:Gavisad Dist:Padra, Vadodara, Gujarat, India – 391430.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹463.67 Cr, a growth of 21.5% compared to the previous year. For the same year it recorded a net profit of ₹25.72 Cr (net margin 5.5%) and EBITDA of ₹61.41 Cr (EBITDA margin 13.2%). The net worth stands at ₹234.26 Cr (up 8.8% YoY). Total assets are valued at ₹367.57 Cr (down 3.6% YoY).
The company has about 540 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Haldyn Glass Gujrat. As per MCA filings, the company has open charges of ₹204.11 Cr and satisfied charges of ₹137.59 Cr on record. Court records list 40 cases involving the company, including 24 filed by the company and 16 filed against it; 4 cases are pending.
Haldyn Glass Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0065639). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website haldynglass.com.
Company details
CIN L51909GJ1991PLC015522
Registration Number 015522
Incorporation Date 25 April 1991
ROC Ahmedabad
Listing Status Listed - Listed on NSE (HALDYNGL); Listed on BSE (515147)
Company Status Active
Date of Last AGM 16 September 2025
Date of Balance Sheet 31 March 2026
Parent Company Haldyn Corporation Limited
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-GJ-24-0065639
Key People
Tarun Narendra Shetty Managing Director Narendra Dejoo Shetty Whole-Time Director Rohan Ajila Director Recognitions & Rankings of Haldyn Glass
Contact details
Haldyn Glass Limited's registered office is in Vadodara, Gujarat. Its website is haldynglass.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressVillage:Gavisad Dist:Padra, Vadodara, Gujarat, India – 391430
- IndustryPackaging, Bottle & Cap Manufacturing
To see the full contact details of Haldyn Glass Limited, buy the company report.
Comprehensive company report
Haldyn Glass Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Haldyn Glass operates one associated brand: Haldyn Glass Gujrat. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Various glass bottles and vials are manufactured for diverse applications. | haldynglass.com |
Business activity
The main business activity of Haldyn Glass is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Haldyn Glass Limited, buy the company report.
Financials of Haldyn Glass Limited
FY 2025-26 filings availableHaldyn Glass Limited reported revenue of ₹463.67 Cr (up 21.5% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹464 Cr
+21.5% YoY
EBITDA
₹61.41 Cr
+12.2% YoY
Profit After Tax
₹25.72 Cr
+40.9% YoY
Net Worth
₹234 Cr
+8.8% YoY
Total Assets
₹368 Cr
-3.6% YoY
Total Debt
₹116 Cr
-9.9% YoY
Revenue 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 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 464 | 382 | 299 | 320 | 213 | 178 | 229 |
| Revenue growth | +21.5% | +27.7% | -6.6% | +50.4% | +19.6% | -22.4% | - |
| EBITDA | 61.41 | 54.71 | 40.80 | 30.96 | 16.28 | 20.42 | 25.39 |
| EBITDA margin | +13.2% | +14.3% | +13.7% | +9.7% | +7.7% | +11.5% | +11.1% |
| Profit before tax | 31.66 | 22.93 | 32.46 | 32.85 | 14.47 | 14.29 | 15.41 |
| Net profit | 25.72 | 18.25 | 18.36 | 26.51 | 11.91 | 7.43 | 9.25 |
| Net profit margin | +5.6% | +4.8% | +6.2% | +8.3% | +5.6% | +4.2% | +4.0% |
| EPS (₹) | 4.61 | 3.50 | 4.57 | 5.01 | 2.20 | 1.39 | 1.53 |
| Balance sheet | |||||||
| Total assets | 368 | 381 | 357 | 227 | 169 | 156 | 148 |
| Net worth | 234 | 215 | 200 | 177 | 153 | 144 | 139 |
| Total debt | 116 | 128 | 123 | 46.65 | 12.23 | 5.98 | 1.51 |
| Cash & bank | 10.97 | 12.07 | 11.09 | 26.08 | 26.47 | 38.06 | 18.38 |
| Net working capital | 52.00 | 72.34 | 49.04 | 73.48 | 86.52 | 87.27 | 73.06 |
| Cash flow | |||||||
| Cash from operations | 61.78 | 44.59 | 18.96 | 31.25 | 10.09 | 22.05 | 15.75 |
| Cash from investing | (33.72) | (33.59) | (85.51) | (58.34) | (11.77) | (0.60) | 0.70 |
| Cash from financing | (29.68) | (10.46) | 64.51 | 30.31 | (1.04) | (1.78) | (10.45) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 139 | 108 | 125 | 116 | 115 | 83.61 | 105 | 106 |
| Revenue growth (YoY) | +20.6% | +29.5% | +18.5% | +9.3% | +32.5% | - | - | - |
| Other income | 1.67 | 3.47 | 3.67 | 6.27 | 1.40 | 3.14 | 4.22 | 2.14 |
| EBITDA | 22.03 | 15.93 | 14.48 | 13.54 | 16.72 | 13.67 | 12.35 | 15.37 |
| EBITDA margin | +15.9% | +14.7% | +11.6% | +11.7% | +14.5% | +16.3% | +11.7% | +14.5% |
| Depreciation | 7.37 | 7.00 | 7.89 | 7.96 | 7.60 | 7.34 | 7.58 | 7.59 |
| Interest | 2.87 | 3.01 | 3.33 | 3.42 | 3.62 | 3.90 | 3.86 | 3.69 |
| Profit before tax | 13.46 | 9.39 | 6.93 | 8.43 | 6.90 | 5.57 | 5.13 | 6.23 |
| Tax | 3.21 | 2.08 | 1.67 | 1.63 | 1.51 | 1.07 | 1.14 | 1.01 |
| Net profit | 10.25 | 7.31 | 5.26 | 6.80 | 5.39 | 4.50 | 3.99 | 5.22 |
| EPS (₹) | 1.88 | 1.35 | 0.97 | 1.25 | 1.00 | 0.83 | 0.74 | 0.97 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 464 | 382 | 299 | 320 | 213 | 178 | 229 |
| Revenue growth | +21.5% | +27.7% | -6.5% | +50.2% | +19.6% | -22.4% | - |
| EBITDA | 60.59 | 53.93 | 40.28 | 30.30 | 16.28 | 20.42 | 25.39 |
| EBITDA margin | +13.1% | +14.1% | +13.5% | +9.5% | +7.7% | +11.5% | +11.1% |
| Profit before tax | 25.03 | 16.93 | 26.55 | 25.54 | 13.51 | 14.29 | 15.41 |
| Net profit | 19.22 | 12.38 | 12.89 | 19.33 | 10.94 | 9.96 | 11.52 |
| Net profit margin | +4.2% | +3.2% | +4.3% | +6.1% | +5.1% | +5.6% | +5.0% |
| EPS (₹) | 3.41 | 2.41 | 3.49 | 3.66 | 2.02 | 1.87 | 1.96 |
| Balance sheet | |||||||
| Total assets | 360 | 380 | 362 | 237 | 187 | 174 | 164 |
| Net worth | 226 | 214 | 204 | 188 | 171 | 163 | 155 |
| Total debt | 116 | 128 | 123 | 46.65 | 12.23 | 5.98 | 1.51 |
| Cash & bank | 10.85 | 11.44 | 10.67 | 25.27 | 26.47 | 38.06 | 18.38 |
| Net working capital | 50.41 | 71.14 | 48.40 | 73.25 | 86.52 | 87.27 | 73.06 |
| Cash flow | |||||||
| Cash from operations | 62.30 | 44.37 | 19.34 | 30.42 | 10.09 | 24.58 | 18.03 |
| Cash from investing | (33.72) | (33.59) | (85.51) | (58.32) | (11.77) | (3.13) | (1.57) |
| Cash from financing | (29.68) | (10.46) | 64.51 | 30.31 | (1.04) | (1.78) | (10.45) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 139 | 108 | 125 | 116 | 115 | 83.61 | 105 | 106 |
| Revenue growth (YoY) | +20.6% | +29.5% | +18.5% | +9.3% | +32.5% | - | - | - |
| Other income | 0.89 | 1.53 | 3.05 | 4.27 | 0.13 | 1.92 | 3.75 | 0.07 |
| Total expenses | 117 | 92.47 | 110 | 103 | 98.45 | 70.10 | 93.16 | 90.73 |
| EBITDA | 21.73 | 15.77 | 14.41 | 13.10 | 16.57 | 13.51 | 12.09 | 15.17 |
| EBITDA margin | +15.7% | +14.6% | +11.6% | +11.3% | +14.4% | +16.2% | +11.5% | +14.3% |
| Depreciation | 7.37 | 7.00 | 7.88 | 7.96 | 7.59 | 7.33 | 7.58 | 7.58 |
| Interest | 2.87 | 3.01 | 3.33 | 3.42 | 3.62 | 3.90 | 3.86 | 3.69 |
| Profit before tax | 12.38 | 7.29 | 6.25 | 5.99 | 5.49 | 4.20 | 4.40 | 3.97 |
| Tax | 3.13 | 2.04 | 1.63 | 1.56 | 1.48 | 1.04 | 1.09 | 0.98 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 30 Oct 2026
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 139 | 108 | 125 | 116 | 115 | 83.61 | 105 | 106 |
| Revenue growth (YoY) | +20.6% | +29.5% | +18.5% | +9.3% | +32.5% | - | - | - |
| Other income | 1.67 | 3.47 | 3.67 | 6.27 | 1.40 | 3.14 | 4.22 | 2.14 |
| EBITDA | 22.03 | 15.93 | 14.48 | 13.54 | 16.72 | 13.67 | 12.35 | 15.37 |
| EBITDA margin | +15.9% | +14.7% | +11.6% | +11.7% | +14.5% | +16.3% | +11.7% | +14.5% |
| Depreciation | 7.37 | 7.00 | 7.89 | 7.96 | 7.60 | 7.34 | 7.58 | 7.59 |
| Interest | 2.87 | 3.01 | 3.33 | 3.42 | 3.62 | 3.90 | 3.86 | 3.69 |
| Profit before tax | 13.46 | 9.39 | 6.93 | 8.43 | 6.90 | 5.57 | 5.13 | 6.23 |
| Tax | 3.21 | 2.08 | 1.67 | 1.63 | 1.51 | 1.07 | 1.14 | 1.01 |
| Net profit | 10.25 | 7.31 | 5.26 | 6.80 | 5.39 | 4.50 | 3.99 | 5.22 |
| EPS (₹) | 1.88 | 1.35 | 0.97 | 1.25 | 1.00 | 0.83 | 0.74 | 0.97 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 464 | 382 | 299 | 320 | 213 | 178 | 229 |
| Revenue growth | +21.5% | +27.7% | -6.6% | +50.4% | +19.6% | -22.4% | - |
| Other income | 14.81 | 12.96 | 21.00 | 11.35 | 6.15 | 4.91 | 3.94 |
| Total expenses | 402 | 327 | 258 | 289 | 196 | 157 | 204 |
| Employee cost | 59.18 | 51.15 | 41.58 | 32.57 | 24.68 | 16.45 | 16.26 |
| EBITDA | 61.41 | 54.71 | 40.80 | 30.96 | 16.28 | 20.42 | 25.39 |
| EBITDA margin | +13.2% | +14.3% | +13.7% | +9.7% | +7.7% | +11.5% | +11.1% |
| Depreciation | 30.45 | 28.76 | 18.80 | 7.54 | 7.20 | 10.28 | 12.93 |
| Interest | 14.11 | 15.98 | 10.54 | 1.92 | 0.76 | 0.76 | 0.99 |
| Profit before tax | 31.66 | 22.93 | 32.46 | 32.85 | 14.47 | 14.29 | 15.41 |
| Tax | 6.89 | 4.12 | 7.90 | 5.94 | 2.64 | 4.25 | 4.88 |
| Net profit | 25.72 | 18.25 | 18.36 | 26.51 | 11.91 | 7.43 | 9.25 |
| Net profit margin | +5.6% | +4.8% | +6.2% | +8.3% | +5.6% | +4.2% | +4.0% |
| EPS (₹) | 4.61 | 3.50 | 4.57 | 5.01 | 2.20 | 1.39 | 1.53 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 5.38 | 5.38 | 5.38 | 5.38 | 5.38 | 5.38 | 5.38 |
| Reserves & surplus | 229 | 210 | 194 | 172 | 148 | 139 | 133 |
| Shareholders' funds (net worth) | 234 | 215 | 200 | 177 | 153 | 144 | 139 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 113 | 127 | 120 | 42.94 | 7.30 | 3.40 | 1.51 |
| Unsecured loans | 2.65 | 1.63 | 2.71 | 3.71 | 4.93 | 2.58 | 0.00 |
| Total debt | 116 | 128 | 123 | 46.65 | 12.23 | 5.98 | 1.51 |
| Total liabilities | 368 | 381 | 357 | 227 | 169 | 156 | 148 |
| Assets | |||||||
| Gross block | 362 | 339 | 294 | 117 | 97.60 | 92.96 | 90.50 |
| Net block | 251 | 257 | 240 | 57.31 | 44.64 | 44.89 | 50.42 |
| Capital work in progress | 1.56 | 1.04 | 8.75 | 22.77 | 1.20 | 0.42 | 0.49 |
| Investments | 60.15 | 48.85 | 42.99 | 35.07 | 28.72 | 17.31 | 18.49 |
| Inventories | 66.78 | 73.00 | 42.25 | 21.22 | 30.63 | 27.34 | 18.86 |
| Sundry debtors | 72.85 | 65.92 | 64.05 | 59.26 | 53.14 | 45.86 | 54.26 |
| Cash & bank balances | 10.97 | 12.07 | 11.09 | 26.08 | 26.47 | 38.06 | 18.38 |
| Loans & advances | 23.50 | 20.60 | 19.22 | 11.66 | 9.39 | 6.66 | 5.98 |
| Total current assets | 174 | 172 | 137 | 118 | 120 | 118 | 97.48 |
| Total current liabilities | 122 | 99.25 | 87.57 | 44.74 | 33.11 | 30.65 | 24.42 |
| Net working capital | 52.00 | 72.34 | 49.04 | 73.48 | 86.52 | 87.27 | 73.06 |
| Total assets | 368 | 381 | 357 | 227 | 169 | 156 | 148 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 3.51 | 2.98 | 5.02 | 1.80 | 4.52 | 18.38 | 12.37 |
| Net cash from operating activities | 61.78 | 44.59 | 18.96 | 31.25 | 10.09 | 22.05 | 15.75 |
| Net cash from investing activities | (33.72) | (33.59) | (85.51) | (58.34) | (11.77) | (0.60) | 0.70 |
| Net cash from financing activities | (29.68) | (10.46) | 64.51 | 30.31 | (1.04) | (1.78) | (10.45) |
| Net change in cash | (1.62) | 0.53 | (2.04) | 3.22 | (2.71) | 19.68 | 6.01 |
| Closing cash | 10.97 | 12.07 | 11.09 | 26.08 | 26.47 | 38.06 | 18.38 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +21.5% | +27.7% | -6.6% | +50.4% | +19.6% | -22.4% | - |
| EBITDA growth | +12.3% | +34.1% | +31.8% | +90.2% | -20.3% | -19.6% | - |
| PBT growth | +38.1% | -29.4% | -1.2% | +127.0% | +1.3% | -7.3% | -1.5% |
| Net income growth | +40.9% | -0.6% | -30.7% | +122.6% | +60.3% | -19.7% | - |
| Revenue CAGR (3Y) | +13.2% | +21.5% | +18.9% | +11.7% | -1.6% | +2.3% | +10.1% |
| EBITDA CAGR (3Y) | +25.7% | +49.8% | +26.0% | +6.8% | -12.2% | +45.9% | -1.7% |
| Profitability & leverage | |||||||
| Net income margin | +5.3% | +4.9% | +8.2% | +8.4% | +5.6% | +5.6% | +4.6% |
| Return on capital employed | +12.2% | +10.5% | +12.1% | +17.6% | +9.4% | +9.9% | +12.6% |
| Return on net worth | +11.0% | +9.1% | +9.8% | +16.3% | +8.0% | +7.1% | +8.4% |
| Debt / equity | 0.54 | 0.61 | 0.45 | 0.18 | 0.06 | 0.03 | 0.03 |
| Long-term debt / equity | 0.30 | 0.33 | 0.26 | 0.10 | 0.02 | 0.01 | 0.00 |
| Interest cover | 45.57 | 61.58 | 47.91 | 8.20 | 8.37 | 7.50 | 7.95 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.32 | 1.21 | 1.45 | 2.98 | 2.23 | 1.94 | 2.56 |
| Inventory turnover | 6.63 | 6.62 | 9.41 | 12.34 | 7.34 | 7.70 | 11.05 |
| Debtors turnover | 6.68 | 5.87 | 4.85 | 5.69 | 4.30 | 3.55 | 4.38 |
| EPS (₹) | 4.61 | 3.50 | 4.57 | 5.01 | 2.20 | 1.39 | 1.53 |
| Dividend per share (₹) | 0.70 | 0.70 | 0.70 | 0.70 | 0.60 | 0.60 | 0.60 |
| Book value per share (₹) | 43.58 | 40.07 | 37.13 | 32.98 | 28.55 | 26.80 | 25.83 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 139 | 108 | 125 | 116 | 115 | 83.61 | 105 | 106 |
| Revenue growth (YoY) | +20.6% | +29.5% | +18.5% | +9.3% | +32.5% | - | - | - |
| Other income | 0.89 | 1.53 | 3.05 | 4.27 | 0.13 | 1.92 | 3.75 | 0.07 |
| Total expenses | 117 | 92.47 | 110 | 103 | 98.45 | 70.10 | 93.16 | 90.73 |
| EBITDA | 21.73 | 15.77 | 14.41 | 13.10 | 16.57 | 13.51 | 12.09 | 15.17 |
| EBITDA margin | +15.7% | +14.6% | +11.6% | +11.3% | +14.4% | +16.2% | +11.5% | +14.3% |
| Depreciation | 7.37 | 7.00 | 7.88 | 7.96 | 7.59 | 7.33 | 7.58 | 7.58 |
| Interest | 2.87 | 3.01 | 3.33 | 3.42 | 3.62 | 3.90 | 3.86 | 3.69 |
| Profit before tax | 12.38 | 7.29 | 6.25 | 5.99 | 5.49 | 4.20 | 4.40 | 3.97 |
| Tax | 3.13 | 2.04 | 1.63 | 1.56 | 1.48 | 1.04 | 1.09 | 0.98 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 464 | 382 | 299 | 320 | 213 | 178 | 229 |
| Revenue growth | +21.5% | +27.7% | -6.5% | +50.2% | +19.6% | -22.4% | - |
| Other income | 8.99 | 7.72 | 15.59 | 4.70 | 5.19 | 4.91 | 3.94 |
| Total expenses | 403 | 328 | 258 | 289 | 196 | 157 | 204 |
| Employee cost | 48.89 | 43.00 | 34.25 | 27.68 | 24.68 | 16.45 | 16.26 |
| EBITDA | 60.59 | 53.93 | 40.28 | 30.30 | 16.28 | 20.42 | 25.39 |
| EBITDA margin | +13.1% | +14.1% | +13.5% | +9.5% | +7.7% | +11.5% | +11.1% |
| Depreciation | 30.44 | 28.75 | 18.79 | 7.54 | 7.20 | 10.28 | 12.93 |
| Interest | 14.11 | 15.97 | 10.53 | 1.92 | 0.76 | 0.76 | 0.99 |
| Profit before tax | 25.03 | 16.93 | 26.55 | 25.54 | 13.51 | 14.29 | 15.41 |
| Tax | 6.70 | 3.96 | 7.80 | 5.84 | 2.64 | 4.25 | 4.88 |
| Net profit | 19.22 | 12.38 | 12.89 | 19.33 | 10.94 | 9.96 | 11.52 |
| Net profit margin | +4.2% | +3.2% | +4.3% | +6.1% | +5.1% | +5.6% | +5.0% |
| EPS (₹) | 3.41 | 2.41 | 3.49 | 3.66 | 2.02 | 1.87 | 1.96 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 5.38 | 5.38 | 5.38 | 5.38 | 5.38 | 5.38 | 5.38 |
| Reserves & surplus | 221 | 209 | 199 | 182 | 166 | 158 | 150 |
| Shareholders' funds (net worth) | 226 | 214 | 204 | 188 | 171 | 163 | 155 |
| Secured loans | 113 | 127 | 120 | 42.94 | 7.30 | 3.40 | 1.51 |
| Unsecured loans | 2.65 | 1.63 | 2.71 | 3.71 | 4.93 | 2.58 | 0.00 |
| Total debt | 116 | 128 | 123 | 46.65 | 12.23 | 5.98 | 1.51 |
| Total liabilities | 360 | 380 | 362 | 237 | 187 | 174 | 164 |
| Assets | |||||||
| Gross block | 362 | 339 | 294 | 117 | 97.60 | 92.96 | 90.50 |
| Net block | 251 | 257 | 240 | 57.28 | 44.64 | 44.89 | 50.42 |
| Capital work in progress | 1.56 | 1.04 | 8.75 | 22.77 | 1.20 | 0.42 | 0.49 |
| Investments | 54.19 | 48.90 | 48.32 | 45.87 | 46.51 | 36.18 | 34.86 |
| Inventories | 66.78 | 73.00 | 42.25 | 21.22 | 30.63 | 27.34 | 18.86 |
| Sundry debtors | 72.85 | 65.92 | 64.05 | 59.26 | 53.14 | 45.86 | 54.26 |
| Cash & bank balances | 10.85 | 11.44 | 10.67 | 25.27 | 26.47 | 38.06 | 18.38 |
| Loans & advances | 25.14 | 20.60 | 19.22 | 12.14 | 9.39 | 6.66 | 5.98 |
| Total current assets | 176 | 171 | 136 | 118 | 120 | 118 | 97.48 |
| Total current liabilities | 125 | 99.82 | 87.79 | 44.64 | 33.11 | 30.65 | 24.42 |
| Net working capital | 50.41 | 71.14 | 48.40 | 73.25 | 86.52 | 87.27 | 73.06 |
| Total assets | 360 | 380 | 362 | 237 | 187 | 174 | 164 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 2.88 | 2.56 | 4.21 | 1.80 | 4.52 | 18.38 | 12.37 |
| Net cash from operating activities | 62.30 | 44.37 | 19.34 | 30.42 | 10.09 | 24.58 | 18.03 |
| Net cash from investing activities | (33.72) | (33.59) | (85.51) | (58.32) | (11.77) | (3.13) | (1.57) |
| Net cash from financing activities | (29.68) | (10.46) | 64.51 | 30.31 | (1.04) | (1.78) | (10.45) |
| Net change in cash | (1.10) | 0.32 | (1.66) | 2.41 | (2.71) | 19.68 | 6.01 |
| Closing cash | 10.85 | 11.44 | 10.67 | 25.27 | 26.47 | 38.06 | 18.38 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +21.5% | +27.7% | -6.5% | +50.2% | +19.6% | -22.4% | - |
| EBITDA growth | +12.4% | +33.9% | +32.9% | +86.1% | -20.3% | -19.6% | - |
| PBT growth | +47.8% | -36.2% | +4.0% | +89.1% | -5.5% | -7.3% | -1.5% |
| Net income growth | +55.3% | -4.0% | -33.3% | +76.7% | +9.8% | -13.5% | - |
| Revenue CAGR (3Y) | +13.2% | +21.5% | +18.9% | +11.7% | -1.6% | +2.3% | +10.1% |
| EBITDA CAGR (3Y) | +26.0% | +49.1% | +25.4% | +6.1% | -12.2% | +14.7% | -2.3% |
| Profitability & leverage | |||||||
| Net income margin | +4.0% | +3.4% | +6.3% | +6.2% | +5.1% | +5.6% | +4.6% |
| Return on capital employed | +10.6% | +8.9% | +9.8% | +13.0% | +7.9% | +8.9% | +11.4% |
| Return on net worth | +8.3% | +6.2% | +6.6% | +11.0% | +6.5% | +6.3% | +7.6% |
| Debt / equity | 0.55 | 0.60 | 0.43 | 0.16 | 0.05 | 0.02 | 0.03 |
| Long-term debt / equity | 0.31 | 0.33 | 0.25 | 0.09 | 0.02 | 0.01 | 0.00 |
| Interest cover | 46.80 | 63.42 | 49.00 | 8.44 | 8.37 | 7.50 | 7.95 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.32 | 1.21 | 1.45 | 2.98 | 2.23 | 1.94 | 2.56 |
| Inventory turnover | 6.63 | 6.62 | 9.41 | 12.33 | 7.34 | 7.70 | 11.05 |
| Debtors turnover | 6.68 | 5.87 | 4.85 | 5.69 | 4.30 | 3.55 | 4.38 |
| EPS (₹) | 3.41 | 2.41 | 3.49 | 3.66 | 2.02 | 1.87 | 1.96 |
| Dividend per share (₹) | 0.70 | 0.70 | 0.70 | 0.70 | 0.60 | 0.60 | 0.60 |
| Book value per share (₹) | 42.09 | 39.85 | 38.00 | 34.94 | 31.86 | 30.31 | 28.88 |
To see the full year-wise statements and ratios of Haldyn Glass Limited, buy the company report.
Board of directors of Haldyn Glass Limited
Haldyn Glass has 6 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narendra Dejoo Shetty | Whole-Time Director | 25 Apr 1991 | 35 Years 6 Months | Current |
| Rohan Ajila Also directs: Haldyn Corporation Limited, Haldyn Heinz Fine Glass Private Limited, Robbins Global TBM Private Limited and 2 more | Director | 15 Apr 2012 | 14 Years 6 Months | Current |
| Ajit Chinubhai Shah | Director | 17 Jul 2019 | 7 Years 3 Months | Current |
| Padmanabhan Gopalaraman | Director | 17 Jul 2019 | 7 Years 3 Months | Current |
| Tarun Narendra Shetty | Managing Director | 31 Oct 2006 | 19 Years 11 Months | Current |
| Mona Cheriyan Also directs: TC Tours Limited, Capgemini Technology Services India Limited | Director | 13 Aug 2024 | 2 Years 2 Months | Current |
Auditor
Haldyn Glass Limited is audited by KNAV & CO. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KNAV & CO. LLP | FY 2023 | 120458W/W100679 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 59.10%, foreign institutional investors hold 0.00%, domestic institutional investors hold 2.00% and retail and other public shareholders hold 38.90%.
Sep 2026
QUARTER
59.10% Promoters
2.00% DII (Domestic Institutional)
38.90% Retail & Others
Promoter holding - history
Now 59.10% · Sep 2026High 59.10% · Sep 2026Low 58.50% · Dec 2025
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 59.10% | 59.00% | 58.90% | 58.50% |
| Public | 40.90% | 41.00% | 41.10% | 41.50% |
Charges & borrowings
Open charges
₹204.11 Cr
Satisfied charges
₹137.59 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2024 | 101033263 | Hdfc Bank Limited | ₹44.47 Lakh | Open | |
| 14 Dec 2022 | 100665125 | Sbicap Trustee Company Limited | ₹203.67 Cr | Open | |
| 13 Oct 2007 | 10094375 | State Bank of India | ₹10.98 Cr | Satisfied | |
| 12 Oct 2006 | 10023147 | Industrial Development Bank of India Limited | ₹10 Cr | Satisfied | |
| 22 Jul 2005 | 90101134 | State Bank of India | ₹2.2 Cr | Satisfied |
To see the full charge records of Haldyn Glass Limited, buy the company report.
Total charge records: 25 View all charges
Legal cases
Haldyn Glass Limited has 40 court cases on record: 24 filed by Haldyn Glass, 16 filed against it. 4 cases are pending and 36 are disposed.
Total cases
40
Filed by the company
24
Filed against the company
16
Pending
4
Disposed
36
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 27 | 12 | 2 |
| High courts | 11 | 3 | 2 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 40)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Globetrans Worldwide Pvt Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Globetrans Worldwide Pvt Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Globetrans Worldwide Pvt Ltd., | Disposed |
| Supreme Court | Court case (1505-Appeal Against Orders Of Statutory Bodies : Matters filed against the orders of other Regulatory Authorities / Bodies) | Filed against the company by Gail(India) Ltd. Its Chairman and Managing Director 16, Bhikaji Cama Place, R.K. Puram , District: New Delhi ,New Delhi , Delhi | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons warrent Cases SW) | Filed by the company against 1 Ms. Sai Parenterals Pvt Ltd and Others and 1 other | Disposed |
To see the full case history of Haldyn Glass Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Haldyn Glass Limited was last rated by Care on 05 Apr 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 05 Apr 2022 |
To see the full credit ratings and regulatory alerts of Haldyn Glass Limited, buy the company report.
MSME payment delays
Haldyn Glass Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 3,159 overdue payments to 236 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 236)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Vora Trans Freight Services | |||
| an individual supplier | |||
| Swami Samarth Clearing Agency | |||
| PGC Logistic Pvt.Ltd | |||
| an individual supplier |
To see the full MSME payment records of Haldyn Glass Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Haldyn Glass has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Associated companies
Employees & EPFO
Haldyn Glass Limited has a workforce of 540 employees on its EPFO records as of Apr 07, 2024, across 2 active EPFO establishments.
Employee count
540
Active EPFO establishments
2
Employee growth
38.11%
GST
Haldyn Glass has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACH9738F1ZK | Gujarat | Active | 01 Jul 2017 |
| 27AAACH9738F1ZE | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Haldyn Glass Limited, buy the company report.
Recent activity
Haldyn Glass Limited has 30 board changes on record since 1991: 18 appointments and 12 cessations. The latest: Ganesh Prasad Chaturvedi ceased to be CFO on 31 May 2025.
Filing
Haldyn Glass Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
AGM
Haldyn Glass Limited last Annual general meeting of members was held on 16 Sep 2025 as per latest MCA records.
Ceased
Ganesh Prasad Chaturvedi ceased to be CFO.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.44 Cr with Charge ID 101033263 was registered on 30 Dec 2024.
Ceased
Kishori Jayendra Udeshi ceased to be Director.
Ceased
Sikandar Talwar ceased to be Director.
Appointed
Mona Cheriyan was appointed as Director.
Charges
A charge registered on 04 Dec 1995 via Charge ID 80007192 with State Bank Of India was fully satisfied on 12 Jul 2024.
Charges
A charge with Sbicap Trustee Company Limited of Rs. 203.67 Cr registered on 14 Dec 2022 with Charge ID 100665125 was modified on 29 May 2024.
Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 203.67 Cr with Charge ID 100665125 was registered on 14 Dec 2022.
Ceased
Brijbhushan Ramkumar Gupta ceased to be Whole-Time Director.
Charges
A charge with State Bank Of India of Rs. 17.12 Cr registered on 04 Dec 1995 with Charge ID 80007192 was modified on 18 Sep 2020.
78 earlier events are in the company report.
News
Frequently asked questions
Haldyn Glass is an active public limited company based in Vadodara, Gujarat, India. The company works in bottle and cap manufacturing, within the packaging industry. It was incorporated on 25 April 1991 (35+ years old) and is registered under CIN L51909GJ1991PLC015522. Listed on BSE: 515147 and NSE: HALDYNGL.
Haldyn Glass reported revenue of ₹463.67 Cr for FY 2025-26 (up 21.5% YoY) based on consolidated financials.
Haldyn Glass has 6 current directors:
- Tarun Narendra Shetty - Managing Director
- Narendra Dejoo Shetty - Whole-Time Director
- Rohan Ajila - Director
- Ajit Chinubhai Shah - Director
- Padmanabhan Gopalaraman - Director
- Mona Cheriyan - Director
The latest financial statements of Haldyn Glass on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 16 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Haldyn Glass is 24AAACH9738F1ZK, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAACH9738F1ZE (Maharashtra).
The CIN (Corporate Identification Number) of Haldyn Glass is L51909GJ1991PLC015522. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Haldyn Glass is a listed company as per MCA records. Its shares are listed on both BSE (code: 515147) and NSE (symbol: HALDYNGL).
Haldyn Glass has 40 court cases on record: 24 filed by the company and 16 filed against it. 4 are pending. Most are in the district courts.
Haldyn Glass was incorporated on 25 April 1991, making it 35+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ganesh Prasad Chaturvedi ceased to be CFO on 31 May 2025. Kishori Jayendra Udeshi ceased to be Director on 09 Sep 2024. Sikandar Talwar ceased to be Director on 09 Sep 2024. Haldyn Glass has 30 board changes on record in total.
Yes, Haldyn Glass is registered as an MSME under Udyam registration (number: UDYAM-GJ-24-0065639).
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