Glass Wall Systems (India) Limited has formally notified BSE and NSE of changes to its corporate registration details following the listing of its equity shares. The company’s Corporate Identification Number (CIN) has been revised, and its listing status is now confirmed as "Yes" on the Ministry of Corporate Affairs portal.

The change in CIN reflects the company's transition from a private entity to a public limited company. The identifier shifted from U74999MH2010PLC207187 to L74999MH2010PLC207187. This administrative update was processed by the Registrar of Companies, Mumbai-I, subsequent to the application made by the company for the listing of its equity shares on both major Indian stock exchanges.

Corporate Registration Details

The updated information is available on the Ministry of Corporate Affairs (MCA) V3 portal. The table below outlines the key registration parameters as recorded by the ROC:

Capital Structure Snapshot

As per the latest MCA records, the company maintains a paid-up capital of ₹17.59 crore against an authorised capital of ₹26.00 crore. The company, formerly known as Glass Wall Systems (India) Private Limited, is headquartered in Lower Parel, Mumbai. Its last Annual General Meeting was held on August 17, 2026, with the balance sheet date recorded as March 31, 2026.

Compliance and Governance

Sagar Lambole, Company Secretary and Compliance Officer, signed the intimation letter dated October 7, 2026. The company confirmed that all relevant regulatory filings regarding the change in status have been completed. The shift in listing status signifies that Glass Wall Systems is now fully integrated into the public equity markets, subject to ongoing compliance with exchange regulations.

Glass Wall Systems (India) Limited reported Q1FY27 revenue of ₹107 crore, a 35.8% increase year-on-year, driven by strong domestic façade execution. However, profitability metrics weakened as EBITDA margin contracted to 21.1% from 27.8% in the corresponding quarter last year.

The company's net profit declined to ₹16 crore from ₹18.8 crore in Q1FY26. The margin compression was attributed to a lower contribution from the higher-margin international business, increased employee costs for capacity expansion, and changes in freight billing terms for exports.

Financial performance snapshot

The following table details the key consolidated financial metrics for the first quarter of fiscal year 2027 compared to the same period in the previous fiscal year:

Segment-wise revenue breakdown

Revenue growth was primarily driven by the domestic segment, while international sales faced timing-related declines:

• Domestic Façade: Revenue rose 93% YoY to ₹62 crore, reflecting strong project execution.
• International Business: Revenue declined 11.6% YoY to ₹39 crore, attributed to the timing of order execution with deliveries scheduled over coming quarters.
• Fenestration: Revenue surged 126.9% YoY to ₹6 crore, driven by rising demand from the luxury residential segment.

What the numbers show

A divergence is visible between top-line growth and bottom-line performance. While revenue grew by approximately 36%, EBITDA increased only 9%, indicating that operating costs likely increased at a pace outstripping revenue growth. This resulted in a significant compression of margins by over 6 percentage points, directly impacting net profit which declined despite higher sales volumes.

Management noted that adjusted for the change in contract terms regarding freight costs, EBITDA would have been 22.5% in Q1FY27. Additionally, lower other income compared to Q1FY26 (which included property sale gains) and higher depreciation from new capacity expansion contributed to the decline in PAT.

Management commentary and outlook

Eshan Hemrajani, Managing Director & CEO, highlighted the company's integrated façade solutions platform and strategic priority of backward integration through an in-house Glass Processing Unit at the Vile Bhagad facility. He stated, "Our order book of ₹982 crore as of July 2026 gives us strong visibility, and our priority now is to convert it with the same discipline that has defined our execution track record."

For FY27, the company expects revenue to grow significantly over FY26, with EBITDA margins anticipated to be in line with previous years as business mix normalizes and capacity expansion impacts subside.

Earnings call and regulatory compliance

The company informed BSE and NSE about the earnings call pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was signed by Sagar Lambole, Company Secretary and Compliance Officer, on October 6, 2026.

Participants can join the conference call via dial-in numbers provided for domestic and international locations. A Diamond Pass registration link is available for direct access.

Dial-in information:

• Universal Access: +91 22 6280 1259, +91 22 7115 8160
• Hong Kong: 800964448
• Singapore: 8001012045
• UK: 08081011573
• USA: 18667462133

The audio recording of the earnings call held on October 7, 2026, at 2:00 pm is available for public access via the company's investor relations portal. The recording covers the discussion on unaudited financial results for the quarter ended June 30, 2026.