Latest news about Glen Industries
Glen Industries
69.18
-0.80(-1.14%)
Company Performance:
View Company Insights1D-1.14%
1M-6.63%
6M-6.51%
1Y-54.60%
5Y-54.60%
More news about Glen Industries
25Mar 26
Glen Industries Promoter Group Increases Stake to 73.37% with Fifth Acquisition
Glen Industries Limited announced its fifth consecutive promoter group share acquisition, with Lalit Agrawal (HUF) purchasing 13,200 equity shares worth Rs. 9,22,884.00 at Rs. 69.92 per share on March 24, 2026. This latest transaction increased the promoter group's total shareholding from 73.32% to 73.37%, continuing a pattern of acquisitions that began on March 18, 2026.
10Feb 26
Glen Industries Reports 19.1% Revenue Growth in Q3FY26, Advances IPO-Funded Project Development
Glen Industries Ltd reported strong Q3FY26 results with revenue of ₹4,673.57 lakhs, marking 19.1% growth compared to Q3FY25. The nine-month period also showed robust 15.4% growth driven by domestic business expansion and stable exports. Simultaneously, the company advanced its IPO-funded expansion project with key achievements including land use conversion, regulatory approvals from West Bengal authorities, and commencement of construction activities with structural designing completed and machinery orders placed.
13Nov 25
Glen Industries Reports Strong H1 FY26 Performance, Plans Rs 100 Crore Expansion
Glen Industries Limited, a sustainable food packaging solutions manufacturer, reported robust financial results for H1 FY26 with total income of Rs 96.56 crores, EBITDA of Rs 20.19 crores (21% margin), and net profit of Rs 8.31 crores (9% margin). The company unveiled expansion plans including increasing Thin Wall Food Container capacity to 21,095 metric tons per annum, introducing paper cups and food packaging products, and adding plastic food containers through thermoforming. The Rs 100 crore expansion is expected to be operational by April 2026, targeting incremental revenue of Rs 150-200 crores in FY27 and a total turnover of Rs 500 crores by FY28. Glen Industries currently exports to over 30 countries and anticipates EBITDA margins to remain at 18-19% post-expansion.
11Nov 25
Glen Industries Reports 13.8% Revenue Growth in H1FY26, Driven by Eco-Friendly Packaging Solutions
Glen Industries Limited, a manufacturer of eco-conscious food packaging products, reported a 13.8% year-on-year growth in total income for H1FY26, reaching ₹96.56 crores. EBITDA increased by 9.9% to ₹20.19 crores, while PAT slightly decreased by 2.2% to ₹8.31 crores. The company operates in three segments: Thin Wall Containers, PLA Straws, and Paper Straws, with significant production capacities. Glen Industries announced expansion plans to add 13,109 MT/year for food containers and 7,696 MT/year for paper cups. The company serves over 40 international customers, exports to 30 countries, and has a presence in 26 Indian states.
04Nov 25
Glen Industries Reports 13.6% Revenue Growth in H1 FY2026, Approves Project Location Change
Glen Industries Limited, recently listed on BSE SME, announced unaudited financial results for H1 FY2026. Revenue from operations increased by 13.6% to Rs 9,555.80 lacs, while net profit slightly decreased by 2.3% to Rs 830.55 lacs. The company completed its IPO on July 15, issuing over 63 million shares. The Board approved relocating a new project to Mouza-Patinan, West Bengal. Limited review by auditors found no issues with the financial results.
19Aug 25
Glen Industries Breaks Ground on New Manufacturing Facility to Boost Production Capacity
Glen Industries has initiated the construction of a new manufacturing facility, marked by a groundbreaking ceremony. The expansion aims to increase production capacity for paper cups, plastic food containers by injection, and plastic food containers by thermoforming. This development aligns with the company's growth strategy and has been officially reported to BSE Ltd in compliance with SEBI regulations. The company plans to provide updates on the project's progress, reflecting its commitment to transparency with stakeholders.
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