Glen Industries Ltd — Important, 01-06-2026: Company Update

Glen Industries Limited discussed its H2 FY26 and full FY26 financial results. For FY26, total income was INR 205.16 Cr, EBITDA INR 38.50 Cr, and profit after tax INR 16.50 Cr. H2 FY26 saw total income of INR 108.60 Cr, EBITDA INR 18.69 Cr, and profit after tax INR 8.20 Cr. The company is significantly expanding plastic food container and paper-based packaging capacity with a INR 130-135 Cr project, expected to begin commercial production by September. This expansion aims to boost annual turnover to INR 500 Cr and EBITDA to over INR 90 Cr by FY28. Management confirmed sustainable EBITDA margins of 18-19%, explaining raw material price pass-through keeps absolute margins intact despite percentage fluctuations.