Standard Glass Lining Technology Limited — Investor Meet, 28-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Standard Glass Lining Technology Limited reported FY ’25 revenue at INR626 Cr (+14% YoY), EBITDA of INR120 Cr (19.1% margin), and PAT of INR69 Cr (11% margin). Q4 revenue rose 20% QoQ to INR171 Cr with PAT of INR16 Cr. The company is net debt-free with INR266 Cr cash.

A 20-year global partnership with AGI Group and GL HAKKO Japan aims to produce glass-lined heat exchangers locally, targeting a INR2,000 Cr+ domestic and $2bn global market; 150 initial orders secured. Conductivity glass-lined reactors are near certification and expected to launch commercially in the next 2-3 months.

FY ’26 revenue growth is projected at 20%-25%, supported by new products, exports (~15%), and INR170-240 Cr capex, including a new heavy engineering plant to diversify into petrochemical sectors. Management is confident about demand, order book strength, and strategic initiatives positioning the firm as a global leader in glass-lined equipment.