News Earnings Sejal Glass Limited Reports Net Loss of Rs 226.51 Lakhs, Approves Postal Ballot for Corporate ActionsSejal Glass Limited Reports Net Loss of Rs 226.51 Lakhs, Approves Postal Ballot for Corporate Actions
Sejal Glass Limited reported a net loss of Rs 226.51 lakhs for nine months ended December 31, 2025, compared to profit of Rs 399.90 lakhs in FY25, despite revenue growth of 26.12%. The Board approved postal ballot for related party transactions, investment limits up to Rs 200 crore, and overseas investment in UAE subsidiary. E-voting scheduled from February 17 to March 18, 2026, with cut-off date of February 13, 2026.
*this image is generated using AI for illustrative purposes only.
Sejal Glass Limited announced its audited special purpose standalone financial results for the nine months ended December 31, 2025, revealing a significant shift from profitability to losses. The company reported a net loss of Rs 226.51 lakhs compared to a profit of Rs 399.90 lakhs for the full year ended March 31, 2025.
Financial Performance Overview
The company's operational performance showed mixed results during the nine-month period:
| Financial Metric | 9 Months Dec 31, 2025 | Year Ended Mar 31, 2025 | Change |
|---|---|---|---|
| Revenue from Operations | Rs 7,948.00 lakhs | Rs 6,301.69 lakhs | +26.12% |
| Other Income | Rs 960.64 lakhs | Rs 754.47 lakhs | +27.33% |
| Total Income | Rs 8,908.64 lakhs | Rs 7,056.16 lakhs | +26.25% |
| Total Expenses | Rs 9,135.15 lakhs | Rs 6,656.26 lakhs | +37.25% |
| Net Profit/(Loss) | Rs (226.51) lakhs | Rs 399.90 lakhs | Loss |
Despite revenue growth of 26.12%, the company's expenses increased significantly by 37.25%, leading to the net loss. Key expense categories included cost of materials consumed at Rs 4,839.38 lakhs, employee benefit expenses of Rs 1,063.83 lakhs, and finance costs of Rs 892.99 lakhs.
Balance Sheet Strengthening
The company's balance sheet showed substantial growth in total assets, increasing from Rs 11,862.20 lakhs as of March 31, 2025, to Rs 24,238.81 lakhs as of December 31, 2025. The equity base strengthened considerably:
| Balance Sheet Item | Dec 31, 2025 | Mar 31, 2025 |
|---|---|---|
| Equity Share Capital | Rs 1,140.00 lakhs | Rs 1,010.00 lakhs |
| Other Equity | Rs 9,488.33 lakhs | Rs 2,068.39 lakhs |
| Total Equity | Rs 10,628.33 lakhs | Rs 3,078.39 lakhs |
| Total Assets | Rs 24,238.81 lakhs | Rs 11,862.20 lakhs |
Board Resolutions and Corporate Actions
The Board of Directors, meeting on February 16, 2026, approved several significant resolutions requiring shareholder approval through postal ballot:
Key Approvals
- Related Party Transactions: Subject to shareholder approval via postal ballot
- Investment Limits: Approved limits up to Rs 200 crore for loans, guarantees, and investments under Section 186 of Companies Act 2013
- Overseas Investment: Special purpose financials prepared to meet net worth conditions for Overseas Direct Investment in UAE subsidiary Sejal Glass & Glass Manufacturing Products LLC
Postal Ballot Schedule
The company has established a comprehensive timeline for the postal ballot process:
| Event | Date | Day |
|---|---|---|
| Cut-off Date for E-voting | February 13, 2026 | Friday |
| E-voting Commencement | February 17, 2026, 09:00 A.M. | Tuesday |
| E-voting End Date | March 18, 2026, 05:00 P.M. | Wednesday |
| Scrutinizer Report | March 20, 2026 | Friday |
| Result Declaration | March 20, 2026 | Friday |
Ms. Vyoma Desai of M/s Abbas Lakdawalla & Associates LLP has been appointed as the Scrutinizer for the postal ballot process.
Earnings Per Share Impact
The financial performance significantly impacted earnings per share, with basic EPS declining to Rs (2.23) for the nine-month period compared to Rs 3.96 for the full year ended March 31, 2025. Diluted EPS stood at Rs (2.22) for the current period.
The audited financial results were prepared specifically for regulatory compliance with Foreign Exchange Management (Overseas Investment) Rules, 2022, and have been audited by Gokhale & Sathe, Chartered Accountants, who issued an unqualified opinion on February 16, 2026.
Historical Stock Returns for Sejal Glass
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.00% | -0.02% | -11.16% | +30.26% | +71.60% | +208.53% |
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