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Earnings Call Transcript

Sejal Glass Earnings Call Transcript: Key Takeaways

Sejal Glass reported strong FY26 growth, surpassing 400 Cr revenue, but masks heavy reliance on a volatile UAE market and a struggling India segment currently undergoing re-engineering.

Guidance and delivery
Management target Revenue 25.0% FY27
Highlights
Revenue growthFY26 revenue up 64% YoY, crossing the 400 Cr milestone.
MarginsConsolidated margins improving toward 18% as India reaches break-even.
Order bookUAE order book at 60 million; India ramping up post-acquisition.
Demand visibilityStrong demand from real estate, data centers, and infrastructure sectors.
Management confidenceBullish despite UAE disruptions; focus on high-margin value-added products.

Growth

FY26 revenue grew 64% YoY; EBITDA margins improved to 16.5% due to better product mix and operating leverage.

Outlook

Targeting 25-40% revenue growth for FY27 with EBITDA margins expanding to 18% through high-value fire-rated glass.

Risks

UAE geopolitical turmoil impacts supply chains; 70% revenue concentration in UAE; India unit margins currently negative.

Last quarter's promises, checked

Delivered

  • Guided cross 400 Cr revenue milestone → delivered 401.36 Cr (= BEAT)
  • Guided EBITDA margin improvement → delivered 16.5% vs 14.4% YoY (= BEAT)
  • Guided PAT growth over 160% → delivered 29.03 Cr vs 11.16 Cr (= BEAT)

Partly delivered

  • Guided Glasstech integration → delivered EBITDA breakeven but still reporting negative margins for the year (= PARTIAL)

Missed

  • Guided India business growth → delivered degrowth in standalone numbers excluding acquisitions (= MISS)
Source

Earnings Call Transcript filed with NSE, NSE: SEJALLTD. Summary written with AI assistance from the document.

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Sejal Glass Ltd: key numbers

Share price
₹682.70
Market cap
₹778.3 Cr
Revenue (annual)
₹396.5 Cr
Net profit (annual)
₹28.74 Cr
P/E (TTM)
24.7×Sector 33.0×
Promoter holding
69.96%+0.00% QoQ
FII holding
0.19%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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18:27 IST BSE
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Sejal Glass Promoter Selling: ₹6.19 Cr

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Value
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11:17 IST BSE
Earnings Call

Sejal Glass Investor Presentation: Key Takeaways

Sejal Glass reported Q1 FY27 consolidated revenue of ₹117.95 Cr (up 52.88% YoY) and PAT of ₹7.22 Cr. Management is focusing on capacity utilization and value-added glass segments.

Call
Guides 25% growth