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
| ₹ crore · consolidated | 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) |
| ₹ 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 |
| 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 |
| 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 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 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 | — | — |
| 7 Jul 2026 · Quarterly compliance certificate from share transfer agent for June 2026 quarter | compliance | minimal | — | — |
| 6 Jul 2026 · AGM notice and Annual Report 2025-26 letter sent to shareholders | compliance | minimal | — | — |
| 6 Jul 2026 · BRSR for FY 2025-26 submitted with Annual Report to BSE | compliance | medium | — | — |
| 6 Jul 2026 · Annual Report for FY 2025-26 attached | investor communications | medium | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| 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) | 21.9 | 26.7 | 47 of 123 | 62% |
| P/B | 4.1 | 3.5 | 69 of 116 | 41% |
| ROCE | 24.0 | 12.6 | 16 of 125 | 88% |
| ROE | 18.8 | 11.6 | 25 of 119 | 80% |
| Debt / Equity | 0.0 | 0.3 | 3 of 119 | 83% |
| 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 | 1002 | 1542 | 72 of 125 | 43% |
| A state: the latest filed quarter and the measured reactions |
| 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.
