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Dossier · SAINT GOBAIN SEKUR IND L · 28 October 2026Page 1 of 3
Company Dossier
MarketPing Research · factual · no rating expressed
SAINT GOBAIN SEKUR IND L NSE: SEKURITIND · BSE: 515043
Consumer Discretionary › Automobile and Auto Components › Auto Components › Auto Components & Equipments
SAINT GOBAIN SEKUR IND L
StateQ4 FY26 filed
Last close · 27 Oct 2026₹103.00
Market cap₹0.9k cr
TTM P/E · P/B · EV/EBITDA20.5 · 3.86 · 14.8
Manufactures automotive glass in India as the local arm of the French Saint-Gobain group's Sekurit automotive glass division. The single business line — supplying glass products to vehicle makers — generated ₹242.993 crore of revenue in FY26. Raw materials are the largest cost at 43.6% of revenue, followed by other operating expenses at 27.5%, employee costs at 6.5% and depreciation at 1.4%. EBITDA margin was 26.04% in FY26. Related-party transactions of up to ₹150 crore with Saint-Gobain India Pvt Ltd were approved at the FY26 AGM, and the company has acquired at least 26% stake in Murli Solar Energy for ₹1.51 crore under a renewable-power arrangement. Profit after tax for FY26 stood at ₹45.7992 crore. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Automotive glass manufacturing. Single-segment auto-component supplier — automotive glass, part of the French Saint-Gobain group
What a broker report prints here — the analyst's thesis. This dossier prints the filed record instead; the narrative read of the latest results, the guidance ledger and the earnings-call summary are the composer's sections (INSTITUTIONAL-PLAN.md M3) and are not yet produced.
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
₹ crore · standalone
FY22
FY23
FY24
FY25
FY26
Revenue
151
186
201
208
243
EBITDA (ex other income)
62
36
37
39
52
margin %
40.8
19.2
18.4
18.7
21.3
Owners' profit
48
29
31
36
46
EPS, as reported (₹)
5.23
3.17
3.43
3.95
5.03
ROE % · ROCE %
26.5 · 33.6
16.0 · 21.3
15.7 · 21.2
16.7 · 21.6
18.8 · 24.1
Debt / equity (x)
0.03
0.03
0.00
0.00
0.00
Cash from operations
8
34
30
28
33
Capex
(3)
(2)
(2)
(5)
(3)
Source: SEBI results XBRL as filed with BSE/NSE; EBITDA excludes other income.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · SAINT GOBAIN SEKUR IND L · 28 October 2026Page 2 of 3
Exhibit 2: Quarterly performance, last 8 quarters
₹ crore
Q1 FY25
Q2 FY25
Q3 FY25
Q4 FY25
Q1 FY26
Q2 FY26
Q3 FY26
Q4 FY26
Revenue
50
52
53
54
55
60
60
66
Profit before tax
10
10
14
13
14
14
15
16
Net profit
8
8
10
10
11
11
11
13
EPS (₹)
0.84
0.90
1.11
1.10
1.18
1.18
1.23
1.44
Source: quarterly results as filed; the balance sheet is filed half-yearly and is not repeated here.
Exhibit 3: Peers — basic industry group, by market cap
Company
M.cap ₹ cr
P/E
P/B
EV/EBITDA
ROE %
ROCE %
Rev CAGR 5y %
EBITDA m. %
SAMVRDHNA MTHRSN INTL LTD
1,66,707
38.1
3.82
14.8
9.4
8.2
17.1
9.0
BOSCH LIMITED
1,34,520
56.9
9.06
33.0
18.7
24.1
15.6
17.9
BHARAT FORGE LTD
84,295
119.4
8.82
30.4
11.4
13.2
21.6
8.8
UNO MINDA LIMITED
62,653
52.0
8.63
28.8
17.7
15.7
25.3
10.4
SCHAEFFLER INDIA LIMITED
57,518
45.9
9.36
—
10.4
14.1
—
19.4
SONA BLW PRECISION FRGS L
52,988
76.1
8.64
46.0
10.3
12.9
—
25.1
TUBE INVEST OF INDIA LTD
40,753
67.2
2.87
15.8
7.9
12.4
30.3
10.6
ENDURANCE TECHNO. LTD.
32,042
33.0
4.68
15.7
13.9
15.6
17.4
13.2
Source: exchange data and filed statements via the screener; multiples at current prices.
Exhibit 4: Where the company sits in its group
Metric
Company
Group median
Rank
Better than
P/E (TTM)
20.5
25.0
44 of 119
64%
P/B
3.9
3.3
72 of 117
39%
ROCE
24.0
12.6
16 of 125
88%
ROE
18.8
11.7
25 of 117
79%
Debt / Equity
0.0
0.3
1 of 117
85%
EBITDA margin
25.6
12.2
8 of 118
94%
Revenue growth
22.9
20.2
47 of 113
59%
Profit growth
31.1
24.4
51 of 115
56%
Market cap
938
1455
72 of 126
43%
Source: MarketPing peer ranks; a rank is a measurement, not a view.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · SAINT GOBAIN SEKUR IND L · 28 October 2026Page 3 of 3
Exhibit 5: Filings of the last 90 days, with the measured price reaction
Date · filing
Category
Importance
Next day %
5-day %
7 Oct 2026 · Routine quarterly certificate on share dematerialisation for Q2 FY27
compliance
minimal
—
—
30 Sept 2026 · Newspaper ad on special window to re-lodge physical share transfer requests
compliance
minimal
—
—
18 Sept 2026 · Board meeting on Nov 2 to approve Q2 and H1 FY27 results
results
low
—
—
18 Sept 2026 · Trading Window Closure from October 1, 2026 for Q2 and H1 FY27 Results
compliance
minimal
—
—
1 Aug 2026 · Special Window for Physical Share Transfer and Dematerialisation
compliance
minimal
—
—
30 Jul 2026 · 53rd AGM: All 5 resolutions passed, including dividend declaration
board shareholder meetings
low
—
—
30 Jul 2026 · 53rd AGM held; all five resolutions passed including dividend and related party approval
board shareholder meetings
medium
—
—
30 Jul 2026 · Q1 FY27 results: revenue up nearly 11 percent, PAT dips 13 percent YoY
results
high
—
—
30 Jul 2026 · Q1 FY27 results: revenue up 11% YoY but profit dips 13%
results
high
—
—
7 Jul 2026 · Please find attached intimation regarding Newspaper Advertisement in respect of Notice of 53rd AGM and e-Voting information
compliance
minimal
—
—
Source: exchange announcements; each reaction is measured from the close before the filing. Next day = the close one session after the reaction day (the first session that could trade the filing).
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A rating (BUY / ADD / REDUCE / SELL)
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Estimate years marked E
More audited years; no estimates
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Sources, method and disclosures
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.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
