MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-18-0074704
Market Cap
₹957 Cr
SEJALLTD · NSE
Share Price
₹864.90
+3.05% today
Revenue
₹396 Cr
FY 2025-26 · +62.8% YoY
EBITDA
₹61.45 Cr
Margin 15.5%
Net Profit
₹29.43 Cr
FY 2025-26 · +168.8% YoY
P/E (TTM)
25.9x
P/B 6.2x
ROE
19.0%
ROCE 14.7%
Debt / Equity
2.40
Interest cover 45.9x
About Sejal Glass Limited
Data last updated:
Sejal Glass Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the glass and products segment of the manufacturing sector. It was incorporated on 11 December 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L26100MH1998PLC117437. Its GSTIN is 27AADCS8659M2ZI (Maharashtra). The company holds 5 GST registrations, of which 2 are active. Its shares are listed on BSE: 532993 and NSE: SEJALLTD.
The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹31.4 Cr. It was formerly known as Sejal Architectural Glass Limited and Sezal Glass Limited. It is led by directors including Jiggar Lakshmichand Savla (Whole-Time Director) and Surji Chheda Damji.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹396.5 Cr, a growth of 62.8% compared to the previous year. For the same year it recorded a net profit of ₹29.43 Cr (net margin 7.4%) and EBITDA of ₹61.45 Cr (EBITDA margin 15.5%). The net worth stands at ₹151.33 Cr (up 297.3% YoY). Total assets are valued at ₹379.07 Cr (up 70.5% YoY).
The company has about 106 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sejal Glass. As per MCA filings, the company has open charges of ₹108.95 Cr and satisfied charges of ₹1,078.01 Cr on record. Court records list 249 cases involving the company, including 84 filed by the company and 165 filed against it; 39 cases are pending. The company has 20 deals on record (17 market trades, 1 acquisition, 1 funding round), with disclosed funding of ₹17.96 Cr; the latest was in March 2026. Its 5 peer companies in the Manufacturing industry (Glass Works), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 2 larger and 3 smaller; the largest is TPRS Enterprises Private Limited with revenue of ₹271.67 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 15 overdue payments to 11 micro and small suppliers.
Sejal Glass Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0074704). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sejalglass.co.in.
Company details
CIN L26100MH1998PLC117437
Registration Number 117437
Incorporation Date 11 December 1998
ROC Mumbai
Listing Status Listed (BSE: 532993, NSE: SEJALLTD)
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-18-0074704
Name history
Sejal Glass has undergone 3 name changes throughout its history. The company was previously known as Sejal Architectural Glass Limited, Sezal Glass Limited, and Sejal Architectural Glass Private Limited. The current legal name is Sejal Glass Limited.
| Company Name | Status |
|---|---|
| Sejal Glass Limited | Current |
| Sejal Architectural Glass Limited | Previous |
| Sezal Glass Limited | Previous |
| Sejal Architectural Glass Private Limited | Previous |
CIN history
Sejal Glass has one previous CIN (Corporate Identification Number): U26100MH1998PLC117437. The current CIN is L26100MH1998PLC117437, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L26100MH1998PLC117437 | Current |
| U26100MH1998PLC117437 | Previous |
Key People
Jiggar Lakshmichand Savla Whole-Time Director Surji Chheda Damji Director Neha Rajen Gada Director Recognitions & Rankings of Sejal Glass
Contact details
Sejal Glass Limited's registered office is in Mumbai, Maharashtra. Its website is sejalglass.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address3rd Floor 173/174 Sejal Encasa Opp. Bata Showroom S. V. Road Kandival, I (West), Mumbai, Maharashtra, India – 400067
- IndustryManufacturing, Glass & Products
To see the full contact details of Sejal Glass Limited, buy the company report.
Comprehensive company report
Sejal 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
Sejal Glass operates one associated brand: Sejal Glass. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of glass products | sejalglass.co.in |
Business activity
The main business activity of Sejal 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 Sejal Glass Limited, buy the company report.
Financials of Sejal Glass Limited
FY 2025-26 filings availableSejal Glass Limited reported revenue of ₹396.5 Cr (up 62.8% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹396 Cr
+62.8% YoY
EBITDA
₹61.45 Cr
+80.8% YoY
Profit After Tax
₹29.43 Cr
+168.8% YoY
Net Worth
₹151 Cr
+297.3% YoY
Total Assets
₹379 Cr
+70.5% YoY
Total Debt
₹202 Cr
+10.7% 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 | 396 | 244 | 164 | 46.43 | 24.33 | 10.02 | 3.72 |
| Revenue growth | +62.8% | +48.7% | +252.8% | +90.8% | +142.8% | +169.4% | - |
| EBITDA | 61.45 | 33.99 | 20.38 | 1.85 | (1.10) | (12.69) | (16.96) |
| EBITDA margin | +15.5% | +14.0% | +12.4% | +4.0% | -4.5% | -126.7% | -455.9% |
| Profit before tax | 31.60 | 11.66 | 3.33 | (1.17) | 147 | (18.43) | (21.49) |
| Net profit | 29.43 | 10.95 | 3.29 | 8.79 | (3.22) | (8.63) | (8.79) |
| Net profit margin | +7.4% | +4.5% | +2.0% | +18.9% | -13.2% | -86.1% | -236.3% |
| EPS (₹) | 25.21 | 10.85 | 3.27 | 7.77 | 145.51 | (5.49) | (6.41) |
| Balance sheet | |||||||
| Total assets | 379 | 222 | 192 | 45.98 | 39.92 | (129) | (110) |
| Net worth | 151 | 38.09 | 29.12 | 14.00 | 6.15 | (151) | (132) |
| Total debt | 202 | 183 | 162 | 31.28 | 33.19 | 22.15 | 22.15 |
| Cash & bank | 14.98 | 7.48 | 2.57 | 1.55 | 0.90 | 4.72 | 5.27 |
| Net working capital | 109 | 79.31 | 56.98 | 12.93 | 6.74 | (164) | (148) |
| Cash flow | |||||||
| Cash from operations | 51.04 | (5.70) | (9.19) | (2.67) | (6.01) | 2.74 | 7.15 |
| Cash from investing | (120) | (0.36) | (39.29) | 7.50 | (1.86) | 0.15 | 0.20 |
| Cash from financing | 76.10 | 9.07 | 48.63 | (4.18) | 3.89 | (3.45) | (2.28) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 138 | 118 | 115 | 101 | 104 | 77.15 | 67.59 | 61.61 |
| Revenue growth (YoY) | +32.8% | +52.9% | +69.5% | +63.6% | +68.9% | +46.3% | - | - |
| Other income | 1.92 | 1.49 | 3.37 | 1.02 | 1.88 | 0.61 | 0.31 | 0.71 |
| EBITDA | 23.89 | 16.17 | 18.17 | 14.59 | 16.83 | 11.68 | 9.41 | 9.07 |
| EBITDA margin | +17.3% | +13.7% | +15.9% | +14.5% | +16.2% | +15.1% | +13.9% | +14.7% |
| Depreciation | 4.73 | 4.64 | 4.47 | 4.21 | 4.06 | 2.61 | 1.95 | 1.95 |
| Interest | 5.37 | 5.05 | 4.83 | 5.73 | 5.76 | 4.86 | 3.98 | 4.14 |
| Profit before tax | 15.71 | 7.97 | 12.24 | 5.67 | 8.89 | 4.82 | 3.79 | 3.69 |
| Tax | 1.30 | 0.74 | 0.83 | 0.59 | 0.77 | 0.40 | 0.00 | 0.29 |
| Net profit | 14.41 | 7.23 | 11.41 | 5.08 | 8.12 | 4.42 | 3.79 | 3.40 |
| EPS (₹) | 12.10 | 6.05 | 9.60 | 4.83 | 7.95 | 4.33 | 3.75 | 3.34 |
| 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 | 111 | 63.02 | 59.53 | 46.43 | 24.33 | 10.02 | 3.72 |
| Revenue growth | +75.6% | +5.9% | +28.2% | +90.8% | +142.8% | +169.4% | - |
| EBITDA | 1.82 | 4.69 | 5.55 | 2.59 | (1.10) | (12.68) | (16.96) |
| EBITDA margin | +1.7% | +7.4% | +9.3% | +5.6% | -4.5% | -126.6% | -455.9% |
| Profit before tax | (1.95) | 4.01 | 0.49 | (0.43) | 147 | (18.42) | (21.49) |
| Net profit | (1.95) | 3.89 | 0.49 | 9.53 | (3.22) | (8.62) | (8.79) |
| Net profit margin | -1.8% | +6.2% | +0.8% | +20.5% | -13.2% | -86.0% | -236.3% |
| EPS (₹) | (1.70) | 3.96 | 0.50 | 8.50 | 145.51 | (5.49) | (6.41) |
| Balance sheet | |||||||
| Total assets | 214 | 109 | 96.44 | 46.72 | 39.92 | (86.38) | (110) |
| Net worth | 106 | 30.79 | 26.86 | 14.73 | 6.15 | (151) | (132) |
| Total debt | 83.59 | 77.41 | 68.70 | 31.28 | 33.19 | 63.91 | 22.15 |
| Cash & bank | 4.01 | 3.87 | 1.22 | 1.55 | 0.90 | 4.87 | 5.27 |
| Net working capital | 38.35 | 32.17 | 17.59 | 12.80 | 6.74 | (120) | (148) |
| Cash flow | |||||||
| Cash from operations | 13.12 | (7.02) | 0.52 | (1.78) | (6.01) | 2.76 | 7.15 |
| Cash from investing | (61.31) | 5.87 | (45.42) | 6.61 | (1.86) | 0.14 | 0.20 |
| Cash from financing | 47.91 | 1.90 | 43.70 | (4.18) | 3.89 | (3.45) | (2.28) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 41.28 | 36.43 | 31.15 | 27.87 | 29.80 | 21.81 | 16.73 | 15.14 |
| Revenue growth (YoY) | +38.5% | +67.0% | +86.2% | +84.1% | +85.1% | +43.8% | - | - |
| Other income | 5.12 | 4.73 | 5.03 | 3.15 | 4.01 | 2.45 | 5.12 | 0.87 |
| Total expenses | 40.87 | 36.19 | 31.42 | 27.54 | 29.22 | 20.61 | 15.59 | 13.93 |
| EBITDA | 0.41 | 0.24 | (0.27) | 0.33 | 0.58 | 1.20 | 1.14 | 1.21 |
| EBITDA margin | +1.0% | +0.7% | -0.9% | +1.2% | +1.9% | +5.5% | +6.8% | +8.0% |
| Depreciation | 2.09 | 2.06 | 2.04 | 2.05 | 2.08 | 0.91 | 0.31 | 0.26 |
| Interest | 2.77 | 2.50 | 2.39 | 3.17 | 3.16 | 2.60 | 1.79 | 1.77 |
| Profit before tax | 0.67 | 0.41 | 0.33 | (1.74) | (0.65) | 0.14 | 4.16 | 0.05 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 22 Oct 2026
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 138 | 118 | 115 | 101 | 104 | 77.15 | 67.59 | 61.61 |
| Revenue growth (YoY) | +32.8% | +52.9% | +69.5% | +63.6% | +68.9% | +46.3% | - | - |
| Other income | 1.92 | 1.49 | 3.37 | 1.02 | 1.88 | 0.61 | 0.31 | 0.71 |
| EBITDA | 23.89 | 16.17 | 18.17 | 14.59 | 16.83 | 11.68 | 9.41 | 9.07 |
| EBITDA margin | +17.3% | +13.7% | +15.9% | +14.5% | +16.2% | +15.1% | +13.9% | +14.7% |
| Depreciation | 4.73 | 4.64 | 4.47 | 4.21 | 4.06 | 2.61 | 1.95 | 1.95 |
| Interest | 5.37 | 5.05 | 4.83 | 5.73 | 5.76 | 4.86 | 3.98 | 4.14 |
| Profit before tax | 15.71 | 7.97 | 12.24 | 5.67 | 8.89 | 4.82 | 3.79 | 3.69 |
| Tax | 1.30 | 0.74 | 0.83 | 0.59 | 0.77 | 0.40 | 0.00 | 0.29 |
| Net profit | 14.41 | 7.23 | 11.41 | 5.08 | 8.12 | 4.42 | 3.79 | 3.40 |
| EPS (₹) | 12.10 | 6.05 | 9.60 | 4.83 | 7.95 | 4.33 | 3.75 | 3.34 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 396 | 244 | 164 | 46.43 | 24.33 | 10.02 | 3.72 |
| Revenue growth | +62.8% | +48.7% | +252.8% | +90.8% | +142.8% | +169.4% | - |
| Other income | 6.68 | 1.47 | 1.09 | 0.18 | 150 | 0.19 | 0.20 |
| Total expenses | 335 | 210 | 143 | 44.58 | 25.43 | 22.71 | 20.68 |
| Employee cost | 43.95 | 27.08 | 19.01 | 4.90 | 3.80 | 3.25 | 2.83 |
| EBITDA | 61.45 | 33.99 | 20.38 | 1.85 | (1.10) | (12.69) | (16.96) |
| EBITDA margin | +15.5% | +14.0% | +12.4% | +4.0% | -4.5% | -126.7% | -455.9% |
| Depreciation | 15.36 | 7.46 | 5.59 | 0.89 | 1.24 | 2.48 | 2.49 |
| Interest | 21.17 | 16.34 | 12.55 | 2.31 | 1.05 | 3.45 | 2.24 |
| Profit before tax | 31.60 | 11.66 | 3.33 | (1.17) | 147 | (18.43) | (21.49) |
| Tax | 2.59 | 0.61 | 0.00 | (9.03) | 0.00 | 0.00 | 0.00 |
| Net profit | 29.43 | 10.95 | 3.29 | 8.79 | (3.22) | (8.63) | (8.79) |
| Net profit margin | +7.4% | +4.5% | +2.0% | +18.9% | -13.2% | -86.1% | -236.3% |
| EPS (₹) | 25.21 | 10.85 | 3.27 | 7.77 | 145.51 | (5.49) | (6.41) |
| 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 | 11.40 | 10.10 | 10.10 | 10.10 | 10.10 | 33.55 | 33.55 |
| Reserves & surplus | 123 | 16.29 | 7.32 | 3.90 | (3.95) | (185) | (166) |
| Shareholders' funds (net worth) | 151 | 38.09 | 29.12 | 14.00 | 6.15 | (151) | (132) |
| Minority interest | 0.77 | 0.41 | 0.36 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 68.92 | 63.04 | 56.31 | 12.76 | 13.81 | 9.03 | 9.03 |
| Unsecured loans | 134 | 120 | 106 | 18.52 | 19.38 | 13.12 | 13.12 |
| Total debt | 202 | 183 | 162 | 31.28 | 33.19 | 22.15 | 22.15 |
| Total liabilities | 379 | 222 | 192 | 45.98 | 39.92 | (129) | (110) |
| Assets | |||||||
| Gross block | 261 | 169 | 160 | 59.38 | 72.98 | 68.54 | 68.50 |
| Net block | 193 | 118 | 115 | 20.34 | 32.97 | 29.62 | 32.06 |
| Capital work in progress | 9.41 | 3.18 | 5.03 | 0.40 | 0.19 | 2.92 | 2.92 |
| Investments | 32.17 | 2.63 | 5.54 | 3.28 | 0.01 | 0.02 | 0.02 |
| Inventories | 41.67 | 22.35 | 16.70 | 2.98 | 2.12 | 1.01 | 0.70 |
| Sundry debtors | 133 | 101 | 68.27 | 10.36 | 4.64 | 4.94 | 4.23 |
| Cash & bank balances | 14.98 | 7.48 | 2.57 | 1.55 | 0.90 | 4.72 | 5.27 |
| Loans & advances | 11.05 | 10.37 | 7.46 | 2.74 | 2.52 | 7.30 | 7.16 |
| Total current assets | 201 | 142 | 95.00 | 17.63 | 10.18 | 17.97 | 17.36 |
| Total current liabilities | 91.42 | 62.24 | 38.02 | 4.70 | 3.44 | 182 | 165 |
| Net working capital | 109 | 79.31 | 56.98 | 12.93 | 6.74 | (164) | (148) |
| Total assets | 379 | 222 | 192 | 45.98 | 39.92 | (129) | (110) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 4.56 | 1.55 | 1.40 | 0.75 | 4.72 | 5.27 | 0.19 |
| Net cash from operating activities | 51.04 | (5.70) | (9.19) | (2.67) | (6.01) | 2.74 | 7.15 |
| Net cash from investing activities | (120) | (0.36) | (39.29) | 7.50 | (1.86) | 0.15 | 0.20 |
| Net cash from financing activities | 76.10 | 9.07 | 48.63 | (4.18) | 3.89 | (3.45) | (2.28) |
| Net change in cash | 7.09 | 3.01 | 0.15 | 0.65 | (3.97) | (0.55) | 5.07 |
| Closing cash | 14.98 | 7.48 | 2.57 | 1.55 | 0.90 | 4.72 | 5.27 |
| 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 | +62.8% | +48.7% | +252.8% | +90.8% | +142.8% | +169.4% | - |
| EBITDA growth | +80.8% | +66.8% | +1001.6% | +268.2% | +91.3% | +25.2% | - |
| PBT growth | +171.0% | +250.2% | +9998.0% | - | +9998.0% | +14.2% | -46.6% |
| Net income growth | +168.8% | +232.8% | -62.6% | +373.0% | +62.7% | +1.8% | - |
| Revenue CAGR (3Y) | +104.4% | +115.5% | +153.8% | +132.0% | +41.8% | -57.0% | - |
| EBITDA CAGR (3Y) | +221.5% | - | - | - | -52.7% | -11.7% | - |
| Profitability & leverage | |||||||
| Net income margin | +7.3% | +4.5% | +2.0% | +16.9% | +604.0% | -183.9% | -577.7% |
| Return on capital employed | +14.7% | +9.9% | +7.8% | +0.9% | -2.4% | 0.0% | 0.0% |
| Return on net worth | +19.0% | +10.0% | +3.2% | +4.7% | -5.3% | 0.0% | 0.0% |
| Debt / equity | 2.40 | 9.00 | 13.58 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 1.84 | 7.10 | 9.72 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 45.93 | 61.59 | 84.85 | 240.63 | -44.87 | -22.74 | -11.52 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.98 | 1.62 | 1.72 | 0.95 | 0.40 | 0.15 | 0.06 |
| Inventory turnover | 12.39 | 12.48 | 16.65 | 18.21 | 15.55 | 11.72 | 6.10 |
| Debtors turnover | 3.38 | 2.87 | 4.17 | 6.19 | 5.08 | 2.19 | 0.89 |
| EPS (₹) | 25.21 | 10.85 | 3.27 | 7.77 | 145.51 | (5.49) | (6.41) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 104.94 | 11.84 | 2.95 | (0.44) | (13.62) | (45.09) | (39.45) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 41.28 | 36.43 | 31.15 | 27.87 | 29.80 | 21.81 | 16.73 | 15.14 |
| Revenue growth (YoY) | +38.5% | +67.0% | +86.2% | +84.1% | +85.1% | +43.8% | - | - |
| Other income | 5.12 | 4.73 | 5.03 | 3.15 | 4.01 | 2.45 | 5.12 | 0.87 |
| Total expenses | 40.87 | 36.19 | 31.42 | 27.54 | 29.22 | 20.61 | 15.59 | 13.93 |
| EBITDA | 0.41 | 0.24 | (0.27) | 0.33 | 0.58 | 1.20 | 1.14 | 1.21 |
| EBITDA margin | +1.0% | +0.7% | -0.9% | +1.2% | +1.9% | +5.5% | +6.8% | +8.0% |
| Depreciation | 2.09 | 2.06 | 2.04 | 2.05 | 2.08 | 0.91 | 0.31 | 0.26 |
| Interest | 2.77 | 2.50 | 2.39 | 3.17 | 3.16 | 2.60 | 1.79 | 1.77 |
| Profit before tax | 0.67 | 0.41 | 0.33 | (1.74) | (0.65) | 0.14 | 4.16 | 0.05 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 111 | 63.02 | 59.53 | 46.43 | 24.33 | 10.02 | 3.72 |
| Revenue growth | +75.6% | +5.9% | +28.2% | +90.8% | +142.8% | +169.4% | - |
| Other income | 14.63 | 7.54 | 1.47 | 0.18 | 150 | 0.19 | 0.20 |
| Total expenses | 109 | 58.33 | 53.98 | 43.84 | 25.43 | 22.70 | 20.68 |
| Employee cost | 15.50 | 6.80 | 6.29 | 4.90 | 3.80 | 3.25 | 2.83 |
| EBITDA | 1.82 | 4.69 | 5.55 | 2.59 | (1.10) | (12.68) | (16.96) |
| EBITDA margin | +1.7% | +7.4% | +9.3% | +5.6% | -4.5% | -126.6% | -455.9% |
| Depreciation | 7.08 | 1.09 | 0.97 | 0.89 | 1.24 | 2.48 | 2.49 |
| Interest | 11.32 | 7.13 | 5.56 | 2.31 | 1.05 | 3.45 | 2.24 |
| Profit before tax | (1.95) | 4.01 | 0.49 | (0.43) | 147 | (18.42) | (21.49) |
| Tax | 0.00 | 0.00 | 0.00 | (9.03) | 0.00 | 0.00 | 0.00 |
| Net profit | (1.95) | 3.89 | 0.49 | 9.53 | (3.22) | (8.62) | (8.79) |
| Net profit margin | -1.8% | +6.2% | +0.8% | +20.5% | -13.2% | -86.0% | -236.3% |
| EPS (₹) | (1.70) | 3.96 | 0.50 | 8.50 | 145.51 | (5.49) | (6.41) |
| 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 | 11.40 | 10.10 | 10.10 | 10.10 | 10.10 | 33.55 | 33.55 |
| Reserves & surplus | 77.55 | 8.99 | 5.06 | 4.63 | (3.95) | (184) | (166) |
| Shareholders' funds (net worth) | 106 | 30.79 | 26.86 | 14.73 | 6.15 | (151) | (132) |
| Secured loans | 47.18 | 43.04 | 47.94 | 12.76 | 13.81 | 38.99 | 9.03 |
| Unsecured loans | 36.41 | 34.37 | 20.76 | 18.52 | 19.38 | 24.92 | 13.12 |
| Total debt | 83.59 | 77.41 | 68.70 | 31.28 | 33.19 | 63.91 | 22.15 |
| Total liabilities | 214 | 109 | 96.44 | 46.72 | 39.92 | (86.38) | (110) |
| Assets | |||||||
| Gross block | 123 | 61.49 | 60.20 | 59.38 | 72.98 | 68.54 | 68.50 |
| Net block | 76.60 | 21.80 | 20.24 | 20.34 | 32.97 | 29.62 | 32.06 |
| Capital work in progress | 2.33 | 2.29 | 2.88 | 0.40 | 0.19 | 2.92 | 2.92 |
| Investments | 64.03 | 36.42 | 39.34 | 4.02 | 0.01 | 0.02 | 0.02 |
| Inventories | 11.95 | 3.29 | 3.86 | 2.98 | 2.12 | 1.01 | 0.70 |
| Sundry debtors | 34.76 | 18.87 | 15.24 | 10.36 | 4.64 | 4.94 | 4.23 |
| Cash & bank balances | 4.01 | 3.87 | 1.22 | 1.55 | 0.90 | 4.87 | 5.27 |
| Loans & advances | 6.12 | 13.11 | 5.30 | 2.61 | 2.52 | 8.66 | 7.16 |
| Total current assets | 56.84 | 39.14 | 25.62 | 17.50 | 10.18 | 19.48 | 17.36 |
| Total current liabilities | 18.49 | 6.97 | 8.03 | 4.70 | 3.44 | 139 | 165 |
| Net working capital | 38.35 | 32.17 | 17.59 | 12.80 | 6.74 | (120) | (148) |
| Total assets | 214 | 109 | 96.44 | 46.72 | 39.92 | (86.38) | (110) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.96 | 0.20 | 1.40 | 0.75 | 4.72 | 5.27 | 0.19 |
| Net cash from operating activities | 13.12 | (7.02) | 0.52 | (1.78) | (6.01) | 2.76 | 7.15 |
| Net cash from investing activities | (61.31) | 5.87 | (45.42) | 6.61 | (1.86) | 0.14 | 0.20 |
| Net cash from financing activities | 47.91 | 1.90 | 43.70 | (4.18) | 3.89 | (3.45) | (2.28) |
| Net change in cash | (0.27) | 0.75 | (1.20) | 0.65 | (3.97) | (0.55) | 5.07 |
| Closing cash | 4.01 | 3.87 | 1.22 | 1.55 | 0.90 | 4.87 | 5.27 |
| 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 | +75.6% | +5.9% | +28.2% | +90.8% | +142.8% | +169.4% | - |
| EBITDA growth | -61.2% | -15.5% | +114.3% | +335.5% | +91.3% | +25.2% | - |
| PBT growth | - | +718.4% | +9998.0% | - | +9998.0% | +14.3% | -46.6% |
| Net income growth | -150.1% | +693.9% | -94.9% | +396.0% | +62.7% | +1.9% | - |
| Revenue CAGR (3Y) | +33.6% | +37.3% | +81.1% | +132.0% | +41.8% | +1.1% | -8.8% |
| EBITDA CAGR (3Y) | -11.1% | - | - | - | -52.7% | +32.8% | -25.1% |
| Profitability & leverage | |||||||
| Net income margin | -1.8% | +6.4% | +0.8% | +18.5% | +604.0% | -183.8% | -577.7% |
| Return on capital employed | 0.0% | +6.0% | +3.9% | +1.3% | -2.2% | 0.0% | 0.0% |
| Return on net worth | 0.0% | +3.6% | +0.5% | +5.1% | -6.3% | 0.0% | 0.0% |
| Debt / equity | 1.49 | 5.08 | 7.87 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.91 | 2.69 | 3.82 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | -215.21 | 198.06 | 121.40 | 135.88 | -44.87 | -22.76 | -11.52 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.42 | 1.36 | 1.31 | 0.95 | 0.48 | 0.17 | 0.06 |
| Inventory turnover | 14.52 | 17.63 | 17.41 | 18.21 | 15.55 | 11.72 | 6.10 |
| Debtors turnover | 4.13 | 3.70 | 4.65 | 6.19 | 5.08 | 2.19 | 0.89 |
| EPS (₹) | (1.70) | 3.96 | 0.50 | 8.50 | 145.51 | (5.49) | (6.41) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 65.36 | 4.60 | 0.71 | 0.29 | (13.62) | (50.88) | (39.46) |
To see the full year-wise statements and ratios of Sejal Glass Limited, buy the company report.
Board of directors of Sejal Glass Limited
Sejal Glass has 6 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jiggar Lakshmichand Savla Also directs: Aquinox Business Services LLP, Sejal Glass Ventures LLP, Aashay Finance and Investments Private Limited and 1 more | Whole-Time Director | 17 May 2021 | 5 Years 5 Months | Current |
| Surji Chheda Damji | Director | 17 May 2021 | 5 Years 5 Months | Current |
| Neha Rajen Gada Also directs: Infineon Capital Advisors LLP, Gala Precision Engineering Limited, Aarti Drugs Limited and 5 more | Director | 17 May 2021 | 5 Years 5 Months | Current |
| Chirag Himatlal Doshi Also directs: CD Financial Reengineering Advisors LLP, Garware Hi-Tech Films Limited, Fabtech Cleanrooms Limited and 3 more | Director | 17 May 2021 | 5 Years 5 Months | Current |
| Vijay Vasanji Mamania | Director | 30 Mar 2022 | 4 Years 6 Months | Current |
| Amruta Shripad Patankar | Director | 01 Apr 2022 | 4 Years 6 Months | Current |
Peer comparison
Sejal Glass Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Glass Works), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sejal Glass Limitedthis company | ₹396.5 Cr (FY 2026) | ₹29.43 Cr | 7.4% | 62.8% | 106 | Mumbai, Maharashtra, India |
| TPRS Enterprises Private Limited | ₹271.67 Cr (FY 2025) | 9.0% | Puducherry, India | |||
| FG Glass Industries Private Limited | ₹261.32 Cr (FY 2025) | 8.0% | Mumbai, Maharashtra, India | |||
| U.P. Twiga Fiberglass Private Limited | ₹227.98 Cr (FY 2025) | -11.0% | Uttar Pradesh, India | |||
| Gujarat Borosil Limited | ₹220.21 Cr (FY 2019) | 8.0% | Mumbai, Maharashtra, India | |||
| Sun Glass Works Private Limited | ₹196.43 Cr (FY 2025) | 12.0% | Shikohabad, Uttar Pradesh, India |
To see the full peer comparison of Sejal Glass Limited, buy the company report.
Auditor
Sejal Glass Limited is audited by GOKHALE & SATHE for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GOKHALE & SATHE | FY 2024 | 103264W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 70.00%, foreign institutional investors hold 0.20%, domestic institutional investors hold 4.50% and retail and other public shareholders hold 25.30%.
Sep 2026
QUARTER
70.00% Promoters
4.50% DII (Domestic Institutional)
0.20% FII (Foreign Institutional)
25.30% Retail & Others
Promoter holding - history
Now 70.00% · Sep 2026High 75.00% · Dec 2025Low 70.00% · Jun 2026
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 70.00% | 70.00% | 75.00% | 75.00% |
| Public | 30.00% | 30.00% | 25.00% | 25.00% |
Charges & borrowings
Open charges
₹108.95 Cr
Satisfied charges
₹1,078.01 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Sep 2025 | 101186082 | Others | ₹75 Lakh | Open | |
| 02 May 2025 | 101113454 | Hdfc Bank Limited | ₹25 Lakh | Open | |
| 26 Oct 2023 | 100862198 | Hdfc Bank Limited | ₹15 Lakh | Open | |
| 16 Jan 2023 | 100680527 | Hdfc Bank Limited | ₹107.8 Cr | Open | |
| 30 Mar 2015 | 10563586 | Sicom Investments & Finance Limited | ₹5 Cr | Satisfied |
To see the full charge records of Sejal Glass Limited, buy the company report.
Total charge records: 42 View all charges
Deals & funding
Sejal Glass Limited has 20 deals on record (17 market trades, 1 acquisition, 1 funding round), with disclosed funding of ₹17.96 Cr; the latest was in March 2026.
Total deals
20
Market trades
17
Acquisition
1
Funding round
1
IPO
1
Disclosed funding
₹17.96 Cr
Deals on record (5 of 20)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2026 | Market trade | ₹7.53 Cr | Buyer: G.K.Properties Pvt Ltd Seller: an individual |
| Mar 2024 | Market trade | ₹5.02 Cr | Buyer: Green Portfolio Private Limited Seller: an individual |
| Apr 2022 | Market trade | ₹10.07 Cr | Buyer: Alpha Leon Enterprises LLP , Mansi Shares & Stock Advisors Pvt Ltd, Statsol Research LLP Seller: Alpha Leon Enterprises LLP , Mansi Shares & Stock Advisors Pvt Ltd, Statsol Research LLP |
| Feb 2022 | Market trade | ₹3.1 Lakh | Buyer: N L Rungta Huf Seller: PJS Securities LLP |
| Feb 2022 | Market trade | ₹2 Lakh | Buyer: Sykes and Ray Equities (India ) Ltd Seller: an individual |
To see the full deal history of Sejal Glass Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sejal Glass Limited has 249 court cases on record: 84 filed by Sejal Glass, 165 filed against it. 39 cases are pending and 210 are disposed.
Total cases
249
Filed by the company
84
Filed against the company
165
Pending
39
Disposed
210
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 182 | 121 | 34 |
| High courts | 62 | 42 | 4 |
| Supreme Court | 5 | 2 | 1 |
Cases on record (5 of 249)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against Sai Architectural Systems Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Alumilite Architectural Limited and 2 others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against M/S Metal Facade Systems Pvt Ltd., and 2 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against M/S. Deo Leela Facade Systems LLP and 2 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed by the company against Urbanarch Sysfab Private Limited and 2 others | Pending |
To see the full case history of Sejal 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.
MSME payment delays
Sejal Glass Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 15 overdue payments to 11 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 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Sejal Glass Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Sejal Glass Limited has a workforce of 106 employees on its EPFO records as of Apr 09, 2025, across 1 active EPFO establishment.
Employee count
106
Active EPFO establishments
1
Employee growth
19.1%
GST
Sejal Glass has 5 GST registrations: 2 active and 3 cancelled or inactive.
Total GSTINs
5
Active
2
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCS8659M2ZI | Maharashtra | Active | 21 Apr 2020 |
| 26AADCS8659M2ZK | Dadra and Nagar Haveli and Daman and Diu | Active | 20 Apr 2020 |
To see the full GST registrations and return filing status of Sejal Glass Limited, buy the company report.
Recent activity
Sejal Glass Limited has 47 board changes on record since 1998: 27 appointments and 20 cessations. The latest: Amruta Shripad Patankar was appointed as Director on 01 Apr 2022.
AGM
Sejal Glass Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.75 Cr with Charge ID 101186082 was registered on 28 Sep 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 107.80 Cr registered on 16 Jan 2023 with Charge ID 100680527 was modified on 12 Jun 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 101113454 was registered on 02 May 2025.
Filing
Sejal Glass Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100862198 was registered on 26 Oct 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 107.80 Cr with Charge ID 100680527 was registered on 16 Jan 2023.
Charges
A charge registered on 27 Jul 2012 via Charge ID 10368858 with Bank Of Maharashtra was fully satisfied on 30 Dec 2022.
Charges
A charge registered on 22 Jun 2012 via Charge ID 10366539 with Punjab National Bank was fully satisfied on 18 Nov 2022.
Charges
A charge registered on 14 Dec 2011 via Charge ID 10329106 with Edelweiss Asset Reconstruction Company Limited was fully satisfied on 07 Nov 2022.
Charges
A charge registered on 04 Aug 2011 via Charge ID 10304112 with Edelweiss Asset Reconstruction Company Limited was fully satisfied on 07 Nov 2022.
Charges
A charge registered on 20 Feb 2010 via Charge ID 10206804 with S. E. Investments Limited was fully satisfied on 27 Aug 2022.
128 earlier events are in the company report.
News
Sejal Glass: Company Keeps FY27 Revenue Growth Target of 25-40% With Around 18% EBITDA and About 10% PAT Margins; Anticipates ₹600-650 Crore Peak Revenue by FY28.
SEJALLTD: Q2 REVENUE 1.38B RUPEES VS 1B (YOY)
SEJALLTD: Q2 CONS NET PROFIT 143M RUPEES VS 80M (YOY)
SEJALLTD: Q2 EBITDA 239M RUPEES VS 168M (YOY); Q2 EBITDA MARGIN 17.31% VS 16.8% (YOY)
Frequently asked questions
Sejal Glass is an active public limited company based in Mumbai, Maharashtra, India. The company works in glass and products, within the manufacturing industry. It was incorporated on 11 December 1998 (28+ years old) and is registered under CIN L26100MH1998PLC117437. Listed on BSE: 532993 and NSE: SEJALLTD.
Sejal Glass reported revenue of ₹396.5 Cr for FY 2025-26 (up 62.8% YoY) based on consolidated financials.
Sejal Glass has 6 current directors:
- Jiggar Lakshmichand Savla - Whole-Time Director
- Surji Chheda Damji - Director
- Neha Rajen Gada - Director
- Chirag Himatlal Doshi - Director
- Vijay Vasanji Mamania - Director
- Amruta Shripad Patankar - Director
The latest financial statements of Sejal Glass on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sejal Glass is 27AADCS8659M2ZI, registered in Maharashtra. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 26AADCS8659M2ZK (Dadra and Nagar Haveli and Daman and Diu).
The CIN (Corporate Identification Number) of Sejal Glass is L26100MH1998PLC117437. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Sejal Glass is listed on both BSE (code: 532993) and NSE (symbol: SEJALLTD).
Sejal Glass has 249 court cases on record: 84 filed by the company and 165 filed against it. 39 are pending. Most are in the district courts.
Sejal Glass was incorporated on 11 December 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
Sejal Glass has 20 deals on record (17 market trades, 1 acquisition, 1 funding round), with disclosed funding of ₹17.96 Cr; the latest was in March 2026.
The peers of Sejal Glass by revenue are TPRS Enterprises Private Limited, FG Glass Industries Private Limited, U.P. Twiga Fiberglass Private Limited, Gujarat Borosil Limited, Sun Glass Works Private Limited, all in the Manufacturing industry (Glass Works), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Amruta Shripad Patankar was appointed as Director on 01 Apr 2022. Vijay Vasanji Mamania was appointed as Director on 30 Mar 2022. Chirag Himatlal Doshi was appointed as Director on 17 May 2021. Sejal Glass has 47 board changes on record in total.