HRS Aluglaze FY26 Net Profit Jumps 98% to ₹10.2 Cr
HRS Aluglaze Limited reported a 98.5% surge in consolidated net profit to ₹10.2 crore for FY26, driven by a 60.4% rise in revenue to ₹67.5 crore. The company's EBITDA increased by 67.6% to ₹17.9 crore, supported by operational expansions including a new uPVC production line and a 422 kW rooftop solar plant. The board approved the results on May 22, 2026, and the investor presentation was submitted to the exchanges on May 23, 2026.

*this image is generated using AI for illustrative purposes only.
HRS Aluglaze Limited has reported its audited standalone and consolidated financial results for the fiscal year ended March 31, 2026. The company recorded a consolidated net profit of ₹10.2 crore for the full year, marking a substantial increase of 98.5% from the ₹5.1 crore reported in the previous fiscal year ended March 31, 2025. The board of directors, in its meeting held on May 22, 2026, approved the audited financial results, and the company subsequently submitted its investor presentation for FY26 to the stock exchanges on May 23, 2026.
Financial Performance
The company's revenue from operations for the consolidated financial year stood at ₹67.5 crore, up 60.4% from ₹42.1 crore in the prior year. Profit before tax for the consolidated entity increased to ₹13.8 crore for the year ended March 31, 2026, from ₹6.9 crore in the corresponding period of the previous year. The basic and diluted earnings per share (EPS) for the consolidated results stood at ₹6.6 for FY26, compared to ₹3.8 in FY25. EBITDA for the period rose 67.6% to ₹17.9 crore, with an EBITDA margin of 26.6%.
Operational Highlights
The total expenses for the consolidated year ended March 31, 2026, amounted to ₹54.1 crore. The company's finance costs for the period were ₹2.6 crore, while depreciation and amortisation expenses stood at ₹1.9 crore. The company noted that the moderation in return ratios was primarily attributable to the infusion of IPO proceeds. During the year, the company strengthened its operational capabilities through facility expansion at Rajoda, commissioning of a uPVC production line, and installation of a 422 kW rooftop solar capacity to support operational efficiency.
Strategic Developments
The company established a subsidiary called Geotrix Pvt. Ltd. to extend its market reach. With 24+ active projects and a strong base of repeat business, the company maintains strong project visibility. The investor presentation highlighted that the company has completed 58 projects during the year, compared to 70 in the previous year, and operates with a workforce of 194 employees.
Key Financial Metrics
The following table summarizes the key financial figures for the standalone and consolidated results for the year ended March 31, 2026:
| Particulars | Standalone Year Ended 31.03.2026 (₹ in Lakhs) | Consolidated Year Ended 31.03.2026 (₹ in Lakhs) |
|---|---|---|
| Revenue From Operations | 6,753.12 | 6,753.12 |
| Total Income | 6,784.66 | 6,784.50 |
| Total Expenses | 5,408.86 | 5,409.02 |
| Profit Before Tax | 1,375.80 | 1,375.48 |
| Net Profit | 1,021.62 | 1,021.41 |
| Paid-Up Equity Share Capital | 1,928.21 | 1,928.21 |
Historical Stock Returns for HRS Aluglaze
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.08% | +2.69% | +3.75% | +77.63% | +77.63% | +77.63% |
How will HRS Aluglaze deploy the remaining IPO proceeds to drive revenue growth beyond FY26, and what return ratios can investors expect once the capital is fully utilized?
Can the newly commissioned uPVC production line and Geotrix Pvt. Ltd. subsidiary meaningfully scale revenues, and what revenue contribution targets has management set for these initiatives in FY27?
With completed projects declining from 70 to 58 year-over-year despite strong revenue growth, does this signal a strategic shift toward larger, higher-value contracts, and how might this affect working capital cycles?




























