Standard Glass Lining Technology
181.19
+8.31(+4.81%)
Market Cap₹3,448.80 Cr
PE Ratio51.26
Company Performance:
1D+4.81%
1M+1.33%
6M+19.61%
1Y+10.97%
5Y+10.97%
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More news about Standard Glass Lining Technology
11Jun 25
Standard Glass Lining Expands Footprint with New US Subsidiary
Standard Glass Lining Technology has announced the establishment of a wholly-owned subsidiary in the United States. This strategic move marks the company's entry into the US market, potentially opening up new growth opportunities and strengthening its global presence. The expansion could allow the company to gain direct access to US customers, enhance its competitive position in North America, streamline operations for serving US clients, and adapt to local market demands and regulations. While specific operational details are yet to be disclosed, this move may impact the company's market reach, revenue growth, operational efficiency, and facilitate technology transfer.
23May 25
Standard Glass Reports Q4 EBITDA and Net Profit Decline
Standard Glass, a leading glass manufacturer, reported a 34.91% year-over-year decrease in Q4 net profit to ₹151.00 crore. Revenue fell by 15% to ₹1,700.00 crore, while EBITDA decreased to ₹236.00 crore from ₹315.00 crore. The EBITDA margin also declined to 13.88% from 15.75%. However, the company maintained stable performance quarter-over-quarter, with a marginal increase in net profit from ₹150.00 crore in the previous quarter.
14May 25
Standard Glass Lining Technology Unveils Innovative Heat Exchanger in Collaboration with AGI Group
Standard Glass Lining Technology Ltd (SGLT) has introduced new Glass Lined Shell and Tube Heat Exchangers, developed in partnership with AGI Group of Japan. The company secured a 20-year exclusive license to manufacture and sell these products in India. The heat exchangers offer enhanced durability, improved safety, and efficiency, targeting pharmaceutical and chemical sectors. This launch positions SGLT as a key player in the industrial equipment market, addressing industry challenges like maintenance downtime, product quality, and operational safety.
14May 25
Standard Glass Lining Forges Strategic Partnership with Japan's AGI Group for Innovative Heat Exchangers
Standard Glass Lining has formed a strategic partnership with Japan's AGI Group to bring the world's first glass-lined shell and tube heat exchangers to the Indian market. This collaboration aims to address the growing demand for corrosion-resistant equipment in various industrial processes. The new technology offers superior corrosion resistance, improved thermal efficiency, extended equipment life, and potential cost-effectiveness. The partnership is expected to impact industries such as chemical manufacturing, pharmaceutical production, food and beverage processing, and petrochemical refining.
11Apr 25
Standard Glass Lining Technology Expands Export Reach with New Agency Agreement
Standard Glass Lining Technology Ltd. (SGLT) has entered a long-term agency agreement with Biocon Solutions to expand its export capabilities to Southeast Asian markets including Singapore, Indonesia, Malaysia, and Thailand. This strategic move aims to increase SGLT's international presence and potentially boost revenue from foreign sales.
11Mar 25
Standard Glass Lining Technology's Subsidiary Inks Export Deal with Gale Process Solutions
Standard Glass Lining Technology Limited's subsidiary, S2 Engineering Industry Private Limited, has signed an exclusive long-term supply agreement with Gale Process Solutions LLC, effective March 10, 2025. The deal allows S2 Engineering to export stainless steel, carbon steel, and nickel alloy-based products to specified countries, potentially boosting SGLTL's international presence and revenue. While the agreement's size is undetermined, it's expected to expand the company's cross-border market access and increase export sales.
10Mar 25
Standard Glass Lining Technology's Subsidiary Inks Export Deal with Gale Process Solutions
Standard Glass Lining Technology Limited's subsidiary, S2 Engineering Industry Private Limited, has entered into an exclusive long-term supply agreement with Gale Process Solutions LLC, effective March 10, 2025. The deal covers stainless steel, carbon steel, and nickel alloy-based products, enabling S2 Engineering to export to specified countries through Gale Process Solutions' customer base. While the financial impact is yet to be determined, this agreement signifies a major step in SGLTL's global expansion strategy.
1 Year Returns:+10.97%
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