Saint-Gobain Sekurit signs renewable energy pacts, to invest INR 1.51 crore

1 min read     Updated on 25 May 2026, 07:20 PM
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Saint-Gobain Sekurit India Limited signed agreements with Murli Solar Energy Private Limited and Sunsure Energy Private Limited on May 25, 2026, to source renewable energy. The company will invest INR 1,51,20,000 to subscribe to equity shares, securing a 26% stake in the power producer. Equity shares will be issued at ₹10 each.

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Saint-Gobain Sekurit India Limited has entered into agreements with Murli Solar Energy Private Limited and Sunsure Energy Private Limited to source renewable energy. The company executed a Power Purchase Agreement and a Share Subscription and Shareholders' Agreement on May 25, 2026. This strategic move aims to secure a sustainable power supply for its operations.

Under the terms of the agreements, Saint-Gobain Sekurit India Limited will collectively hold not less than 26% of the share capital of the power producer along with other captive shareholders. To facilitate this, the company will pay a subscription amount equivalent to INR 1,51,20,000. The agreements were signed in accordance with the Electricity Act and applicable rules.

The equity shares issued to the company will be at par, with an issue price of ₹10 each. Murli Solar Energy Private Limited and Sunsure Energy Private Limited are responsible for ensuring compliance with the provisions of the Companies Act and related rules. The transaction does not fall within related party transactions, and the parties are not related to the promoter, promoter group, or group companies.

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. There is no potential conflict of interest arising from these agreements. The information is also available on the company's website.

Particulars Details
Name(s) of parties Murli Solar Energy Private Limited and Sunsure Energy Private Limited
Purpose Sourcing of renewable energy
Subscription Amount INR 1,51,20,000
Shareholding Not less than 26% of the Share Capital
Issue Price ₹10 per share (Equity Shares at par)
Related Party Transaction No

Historical Stock Returns for Saint Gobain Sekurit

1 Day5 Days1 Month6 Months1 Year5 Years
+5.16%+8.31%+19.29%+4.85%+4.57%+61.30%

How will this investment impact Saint-Gobain Sekurit India's operational costs and profitability in the long term?

What are the expected timelines for the renewable energy projects to become operational?

Could this move signal a broader strategy for Saint-Gobain Sekurit India to increase its renewable energy sourcing in other regions?

Saint-Gobain Sekurit India FY26 Net Profit Rises 27% to ₹4,579.92 Lakh; Q4 EBITDA Margin at 22%

4 min read     Updated on 15 May 2026, 11:37 PM
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Saint-Gobain Sekurit India reported a 27.3% rise in FY26 net profit to ₹4,579.92 lakh, with revenue from operations growing to ₹24,299.30 lakh. Q4 performance was strong with EBITDA improving to 142M rupees and EBITDA margin expanding to 22% from 20.63% YoY. The Board recommended a dividend of ₹2.5 per equity share, with the 53rd AGM scheduled for July 30, 2026.

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Saint-Gobain Sekurit India Limited has announced its audited financial results for the quarter and financial year ended March 31, 2026, reporting a significant rise in profitability. The company's net profit for the year increased by 27.3% to ₹4,579.92 lakh, compared to ₹3,598.22 lakh in the previous year. Revenue from operations climbed to ₹24,299.30 lakh from ₹20,841.38 lakh in the prior year. The audited financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on May 15, 2026, in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

The total income for the year stood at ₹25,450.88 lakh, up from ₹22,055.26 lakh in the corresponding period last year. Total expenses for the year rose to ₹19,488.63 lakh from ₹17,321.08 lakh previously. Profit before tax was recorded at ₹5,962.25 lakh, compared to ₹4,734.18 lakh in the prior year. The earnings per share (EPS), both basic and diluted, improved to ₹5.03 from ₹3.95 in the prior year. The company operates in the business of "Automotive Glass," which constitutes a single reportable business segment under Ind AS 108.

The following table summarises the key financial metrics for the year:

Particulars: Year ended March 31, 2026 (₹ in Lakhs) Year ended March 31, 2025 (₹ in Lakhs)
Revenue from Operations: 24,299.30 20,841.38
Other Income: 1,151.58 1,213.88
Total Income: 25,450.88 22,055.26
Cost of Materials Consumed: 10,584.67 9,567.35
Employee Benefits Expense: 1,575.15 1,490.47
Power and Fuel Expenses: 2,093.82 1,825.01
Depreciation and Amortisation: 328.58 351.70
Total Expenses: 19,488.63 17,321.08
Profit Before Tax: 5,962.25 4,734.18
Net Profit: 4,579.92 3,598.22
EPS (Basic & Diluted) (₹): 5.03 3.95

Quarterly Performance

For the quarter ended March 31, 2026, the company reported a net profit of ₹1,311.30 lakh, up from ₹1,000.28 lakh in the same quarter of the previous year. Revenue from operations for the quarter was ₹6,619.79 lakh, compared to ₹5,387.21 lakh in the corresponding quarter of the prior year. Profit before tax for the quarter stood at ₹1,608.97 lakh, against ₹1,308.81 lakh previously. Notably, Q4 EBITDA improved to 142M rupees from 105M rupees year-on-year, with the EBITDA margin expanding to 22% from 20.63% in the same quarter of the prior year. Total comprehensive income for the quarter was ₹1,340.11 lakh, compared to ₹982.14 lakh in the same quarter last year.

Particulars: Q4 FY26 Q4 FY25
Revenue from Operations (₹ in Lakhs): 6,619.79 5,387.21
EBITDA (Rupees in Millions): 142M 105M
EBITDA Margin (%): 22.00% 20.63%
Profit Before Tax (₹ in Lakhs): 1,608.97 1,308.81
Net Profit (₹ in Lakhs): 1,311.30 1,000.28
Total Comprehensive Income (₹ in Lakhs): 1,340.11 982.14

Balance Sheet Highlights

As at March 31, 2026, the company's total assets stood at ₹29,147.62 lakh, up from ₹25,280.97 lakh as at March 31, 2025. Total equity increased to ₹24,320.20 lakh from ₹21,574.73 lakh, comprising equity share capital of ₹9,110.57 lakh and other equity of ₹15,209.63 lakh. Current investments rose to ₹19,980.41 lakh from ₹14,380.81 lakh, while cash and cash equivalents stood at ₹271.06 lakh compared to ₹499.12 lakh in the prior year.

Particulars: March 31, 2026 (₹ in Lakhs) March 31, 2025 (₹ in Lakhs)
Total Non-Current Assets: 2,196.79 2,008.58
Total Current Assets: 26,950.83 23,272.39
Total Assets: 29,147.62 25,280.97
Total Equity: 24,320.20 21,574.73
Total Non-Current Liabilities: 561.78 475.18
Total Current Liabilities: 4,265.64 3,231.06
Total Liabilities: 4,827.42 3,706.24

Cash Flow Summary

Net cash generated from operating activities for the year was ₹3,339.32 lakh, compared to ₹2,800.83 lakh in the prior year. Net cash used in investing activities was ₹1,717.53 lakh, against ₹849.95 lakh previously, primarily on account of purchases of current investments. Net cash used in financing activities was ₹1,849.85 lakh, which included dividend paid (including TDS) of ₹1,809.45 lakh. The net decrease in cash and cash equivalents for the year was ₹228.06 lakh, with closing cash and cash equivalents at ₹271.06 lakh.

Dividend Declaration and Corporate Governance

The Board of Directors has recommended a dividend of ₹2.5 per equity share (25% of face value of ₹10 each) for the financial year ended March 31, 2026, subject to the approval of shareholders at the ensuing Annual General Meeting (AGM). The company has fixed Wednesday, July 15, 2026, as the record date for determining the entitlement of members to receive the dividend. If approved at the AGM, payment of the dividend will be made on or from Thursday, August 4, 2026, to eligible beneficial owners and members holding shares in physical form as of the close of business hours on the record date.

The 53rd AGM of the company is scheduled to be held on Thursday, July 30, 2026, through Video Conferencing (VC) or Other Audio Visual Means (OAVM). The statutory auditors, M/s. Deloitte Haskins & Sells LLP, issued an unmodified opinion on the financial results for the year ended March 31, 2026. Additionally, the company has recognised ₹6.27 lakh as statutory impact of the New Labour Code towards additional gratuity liability, classified as past service cost, due to the revised definition of wages under the Labour Codes notified by the Government of India.

Historical Stock Returns for Saint Gobain Sekurit

1 Day5 Days1 Month6 Months1 Year5 Years
+5.16%+8.31%+19.29%+4.85%+4.57%+61.30%

How might the accelerating adoption of electric vehicles in India impact Saint-Gobain Sekurit's automotive glass product mix and pricing power over the next 3-5 years?

Given the significant rise in current investments to ₹19,980 lakh, what capital allocation strategy is the company likely to pursue — acquisitions, capacity expansion, or continued financial investments?

With power and fuel expenses growing faster than revenue, what steps could Saint-Gobain Sekurit take to manage energy cost inflation and protect its expanding EBITDA margins?

More News on Saint Gobain Sekurit

1 Year Returns:+4.57%