Makes automotive glass and float glass in India. The Automotive Glass segment — supplying windshields, side and rear windows for passenger and commercial vehicles to vehicle manufacturers — generated ₹3,382.97 crore in FY26, or 57.0% of segment revenue. Float Glass, the upstream flat-sheet glass operation, accounted for ₹1,753.95 crore (29.5%) and serves architectural and downstream glass fabricators. The Others segment — covering architectural, value-added and consumer glass products — contributed ₹802.58 crore (13.5%). Consolidated FY26 revenue was ₹4,989.93 crore, up 8.5% year-on-year. The cost stack is led by other operating expenses at 42.1% of revenue (which includes power and fuel, these rising to ₹76,024 lakhs) and raw materials at 29.1%. The business is capital-intensive, with capex at 13.4% of revenue and depreciation at 5.7%. Net profit on a consolidated basis stood at ₹345.06 crore, with reported FY26 finance costs running sharply higher as the company expanded capacity. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Automotive Glass (57%), Float Glass (30%), Others (14%). Capital-intensive glass manufacturing — float glass furnaces plus auto-glass processing lines, heavy capex and depreciation
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 3,173 | 4,019 | 4,357 | 4,594 | 4,990 |
| EBITDA (ex other income) | 764 | 795 | 738 | 798 | 906 |
| margin % | 24.1 | 19.8 | 16.9 | 17.4 | 18.2 |
| Owners' profit | 345 | 365 | 328 | 371 | 345 |
| EPS, as reported (₹) | 14.18 | 15.01 | 13.49 | 15.27 | 13.82 |
| ROE % · ROCE % | 19.7 · 23.0 | 17.6 · 22.0 | 13.9 · 15.0 | 24.9 · 13.0 | 8.8 · 10.8 |
| Debt / equity (x) | 0.69 | 0.66 | 0.81 | 0.96 | 0.52 |
| Cash from operations | 614 | 418 | 661 | 723 | 502 |
| Capex | (101) | (325) | (901) | (1,268) | (666) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,158 | 1,124 | 1,180 | 1,229 | 1,151 | 1,256 | 1,354 | 1,413 |
| Profit before tax | 139 | 141 | 124 | 76 | 71 | 133 | 179 | 203 |
| Net profit | 95 | 105 | 157 | 55 | 58 | 99 | 133 | 149 |
| EPS (₹) | 3.93 | 4.34 | 3.80 | 2.31 | 2.22 | 3.90 | 5.20 | 5.85 |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Automotive Glass | 3,383 | 57.0 |
| Float Glass | 1,754 | 29.5 |
| Others | 803 | 13.5 |
| Total, before eliminations | 5,940 | 100.0 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| SAMVRDHNA MTHRSN INTL LTD | 1,73,567 | 39.6 | 3.98 | 15.4 | 9.4 | 8.2 | 17.1 | 9.0 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 28 Aug 2026 · Asahi India Glass: Notice of 41st AGM on September 18, 2026 via video conferencing | compliance | minimal | — | — |
| 27 Aug 2026 · Asahi India Glass announces 41st AGM on Sep 18, Rs 2 dividend | compliance | minimal | — | — |
| 27 Aug 2026 · AGM notice on Sept 18, 2026 with Rs. 2 dividend and related party approvals | board shareholder meetings | low | — | — |
| 20 Aug 2026 · IEPF transfer notice for unclaimed dividends and shares | compliance | minimal | — | — |
| 20 Aug 2026 · Notice of IEPF transfer of unclaimed shares and dividends | compliance | minimal | — | — |
| 19 Aug 2026 · Asahi India Glass Final Dividend Rs 2 per share, TDS communication | corporate actions | medium | — | — |
| 6 Aug 2026 · Asahi India Glass Q1 FY27 Results Published in Newspapers | compliance | minimal | — | — |
| 5 Aug 2026 · Q1 FY27: Revenue up 15 percent, Net Profit nearly triples YoY | results | high | — | — |
| 5 Aug 2026 · Record date 11 Sept for Rs 2 dividend and 41st AGM | corporate actions | high | — | — |
| 5 Aug 2026 · Record date for dividend fixed at September 11, 2026 | corporate actions | high | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| BOSCH LIMITED |
| 1,42,736 |
| 60.4 |
| 9.61 |
| 35.1 |
| 18.7 |
| 24.1 |
| 15.6 |
| 17.9 |
| BHARAT FORGE LTD | 92,992 | 131.7 | 9.73 | 33.3 | 11.4 | 13.2 | 21.6 | 8.8 |
| UNO MINDA LIMITED | 69,386 | 57.6 | 9.56 | 31.7 | 17.7 | 15.7 | 25.3 | 10.4 |
| SCHAEFFLER INDIA LIMITED | 61,739 | 49.3 | 10.04 | — | 10.4 | 14.1 | — | 19.4 |
| TUBE INVEST OF INDIA LTD | 50,454 | 83.1 | 3.55 | 19.5 | 7.9 | 12.4 | 30.3 | 10.6 |
| SONA BLW PRECISION FRGS L | 49,016 | 70.4 | 7.99 | 42.6 | 10.3 | 12.9 | — | 25.1 |
| ENDURANCE TECHNO. LTD. | 37,964 | 39.1 | 5.55 | 18.6 | 13.9 | 15.6 | 17.4 | 13.2 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 57.2 | 26.7 | 101 of 123 | 18% |
| P/B | 6.4 | 3.5 | 91 of 116 | 20% |
| ROCE | 7.5 | 12.6 | 92 of 125 | 27% |
| ROE | 8.8 | 11.6 | 78 of 119 | 35% |
| Debt / Equity | 0.5 | 0.3 | 84 of 119 | 30% |
| EBITDA margin | 23.4 | 12.2 | 13 of 118 | 90% |
| Revenue growth | 15.0 | 20.2 | 79 of 113 | 30% |
| Profit growth | 172.1 | 24.4 | 15 of 115 | 88% |
| Market cap | 25031 | 1542 | 14 of 125 | 90% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
