Standard Glass Lining Technology Limited has informed the Exchange about Transcript of the investors call on financial results of Q1 FY25
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Standard Glass Lining Technology Limited reported Q1 FY26 total income of INR178 crores, up 23.6% YoY, with EBITDA of INR35 crores (up 31.9%, margin 19.5%) and PAT of INR21 crores (up 37.6%, margin 11.9%). The company held INR209 crores in cash. Key strategic highlights included the domestic launch of Shell and Tube Glass Lined Heat Exchangers (under Japan license) with 250 orders received and 170 in hand, plans to start local assembly from January 2026 at 300 units/month. A new exclusive partnership with Singapore-based BioCon was announced to expand into Southeast Asia, alongside a new USA subsidiary to support distributor IPP. Management guided to INR150-180 crores greenfield capex over 12-18 months for oil & gas/heavy engineering and INR40-50 crores on automation in existing facilities.
Strong Q1 results with broad-based growth and clear product/market expansion strategy. Existing capacity utilization of just 50-70% means room to triple output with planned capex, potentially pushing revenue toward INR2,000-4,000 crores. Heat exchanger product has monopoly-like positioning in India with limited competition, which could drive future margin expansion.