Glen Industries Ltd — Important, 13-11-2025: Company Update

Glen Industries discussed its financial results for the half-year, reporting a total income of Rs. 96.56 Cr, EBITDA of Rs. 20.19 Cr (21% margin), and a net profit of Rs. 8.31 Cr (9% margin). Growth was primarily driven by Thin Wall Food Containers. The company plans a significant capacity expansion, increasing Thin Wall Food Container output by 150% and introducing paper cups and thermoformed plastic containers, targeting operations by April 2026. This Rs. 100 Cr CAPEX is expected to boost annual revenue to Rs. 350 Cr in FY27 and Rs. 500 Cr in FY28. Total debt is projected to reach Rs. 170 Cr by FY28 to support this expansion and working capital needs.