Manufactured glass for the construction materials industry, but has been non-operational since February 2006 and reports zero revenue from operations. What flows into the income statement now is limited to interest income and the sale of fixed assets, with total income of Rs 38.65 lakhs in FY26 against Rs 100.20 lakhs in the prior year. The company swung to a net loss of Rs 74.57 lakhs in FY26 from a profit of Rs 8.83 lakhs in FY25, and the audited balance sheet shows negative net worth of Rs 1,545.89 lakhs against total debt of Rs 1,872.02 lakhs. For Q1 FY27, the board approved results showed revenue of Rs 12.86 lakhs and a net profit of Rs 15.83 lakhs. It has also approved two related-party deals with promoter group firm USGWPL subject to shareholder approval: supply of metal and wood scrap up to Rs 15 lakh per year for 5 years, and a motor car lease at Rs 10,000 monthly plus GST for 5 years from October 2026. The statutory auditor issued an unmodified opinion on the FY26 results. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Sale of fixed assets, Interest income, Related-party scrap supply (proposed). Non-operational, asset-shrinking shell with negative net worth and limited income from asset sales and interest
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 |
| EBITDA (ex other income) | (40) | (3) | (1) | (1) | (1) |
| margin % | — | — | — | — | — |
| Owners' profit | (39) | 2 | 3 | 0 | (1) |
| EPS, as reported (₹) | (312.83) | 1.32 | 2.28 | 0.07 | 0.59 |
| ROE % · ROCE % | 204.9 · 215.3 | (9.5) · (10.0) | (19.5) · (20.8) | (0.6) · (0.6) | 4.8 · 4.8 |
| Debt / equity (x) | (0.99) | (1.08) | (1.27) | (1.27) | (1.21) |
| Cash from operations | (67) | (1) | (1) | (1) | (0) |
| Capex | 0 | (0) | 0 | 0 | 0 |
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | (0) | 0 | (0) | (0) | (0) | (0) | (0) |
| Net profit | 0 | (0) | 0 | (0) | (0) | (0) | (0) | (0) |
| EPS (₹) | 0.00 | (0.04) | 0.22 | 0.11 | 0.06 | 0.02 | 0.01 | 0.02 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| MIDWEST ENERGY LIMITED | 4,601 | 551.6 | 11.55 | — | (3.5) | (2.3) | — | 19.4 |
| RAMCO INDUSTRIES LIMITED | 2,804 | 8.6 | 0.62 | 11.2 | 6.8 | 4.3 | 8.2 | 19.2 |
| BIRLANU LIMITED | 1,101 | — | 0.99 | 18.4 | (10.8) | (6.5) | 4.2 | 6.8 |
| ARISINFRA SOLUTIONS LTD | 1,025 | 14.7 | 1.37 | 8.8 | 8.0 | 10.2 | — | 12.0 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 11 Sept 2026 · Triveni Glass 55th AGM concludes; 7 resolutions tabled, voting results awaited | board shareholder meetings | low | — | — |
| 11 Sept 2026 · Triveni Glass 55th AGM held; director reappointments and RPTs tabled | board shareholder meetings | low | — | — |
| 27 Aug 2026 · 55th AGM on 11 Sep 2026; book closure from 5 to 11 September | board shareholder meetings | low | — | — |
| 27 Aug 2026 · AGM Intimation and Book Closure Notice | board shareholder meetings | low | — | — |
| 27 Aug 2026 · 55th AGM on 11 Sep 2026; Book Closure from 5-11 Sep | board shareholder meetings | low | — | — |
| 26 Aug 2026 · Promoter MD shares credited in demat after name deletion of deceased joint holders | ownership changes | low | — | — |
| 20 Aug 2026 · Promoter Meeta Agrawal receives 45,550 shares as nominee from late father | general | low | — | — |
| 20 Aug 2026 · Promoter Meeta Agrawal gets 45,550 shares via nominee transfer | ownership changes | medium | — | — |
| 18 Aug 2026 · Triveni Glass 55th AGM on Sept 11, 2026 at 12 PM in Prayagraj | compliance | minimal | — | — |
| 18 Aug 2026 · Notice of 55th AGM published in two newspapers | compliance | minimal | — | — |
| 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 |
| EVEREST INDUSTRIES LTD |
| 646 |
| — |
| 1.31 |
| — |
| (20.6) |
| (16.0) |
| 3.1 |
| 31.7 |
| MARBLE CITY INDIA LIMITED | 440 | 58.0 | 4.72 | 18.9 | 9.5 | 7.0 | — | 23.5 |
| SAHYADRI INDUSTRIES LTD | 429 | 9.6 | 1.06 | — | 7.1 | 9.4 | — | 16.1 |
| NIDHI GRANITES LTD. | 204 | 17.7 | 9.05 | 16.0 | 34.1 | 45.3 | — | 28.6 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 60.1 | 37.0 | 13 of 20 | 37% |
| ROCE | 4.8 | 2.8 | 8 of 22 | 67% |
| ROE | 4.8 | 2.8 | 9 of 21 | 60% |
| Debt / Equity | (1.2) | 0.1 | 1 of 21 | 100% |
| Profit growth | (89.0) | 83.2 | 19 of 19 | 0% |
| Market cap | 8 | 49 | 20 of 22 | 5% |
| 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.
