Is the Glass & Glass Products sector outperforming NIFTY 500?
The 52-week sector comparison is unavailable. 5 of 6 covered companies currently have positive Mansfield relative strength versus NIFTY 500.
20-quarter listed-company comparison
Glass & Glass Products Stocks in India
Glass & Glass Products: Asahi India Glass Ltd owns the largest revenue base; Sejal Glass Ltd has the fastest current growth.
Nifty Glass & Glass Products Index — Constituents & Performance
The Glass & Glass Products companies below are the listed Indian Glass & Glass Products universe this page tracks — the same constituent set people search for as the Nifty Glass & Glass Products index. Every figure is equal-weighted across those companies, so one large constituent cannot set the reading. Each number carries its own as-of date.
The sector itself · before any single company
How has Glass & Glass Products moved against NIFTY 500?
The line below covers 5.1 years. Over the most recent two of them this sector is 28% ahead of NIFTY 500. Earnings across its companies grew 9% on average over the last four reported quarters. It has been ahead of NIFTY 500 on a rolling three-month view for 14 weeks running.
LEADER · ahead 14w✓Price and the fundamentals both up5 of 6 companies ahead of NIFTY 500 by 5% or more over three months
RS ↑14w · 4/6 >200d (+0) · 5/6 lead (+1) · EPS 5/6↑
Glass & Glass Products, equal-weighted, based at 200
NIFTY 500, same base, same start
trailing 12-month earnings per share rising
falling
Strength anatomy
MixedHow much of the sector is participating, how recently, and whether the movers score well.
Together5 of 6 stocks moving
Fresh2 crossed in the last 4 weeks
Backed by scoresmovers score +1 vs the sector average
Down the cap ladder — bar is now, tick is four weeks ago
Large
2/2+1
Mid
2/20
Small
1/20
Participation is not spreading downward this month; the larger companies are still carrying most of it.
Both lines start at 200 in the same week, so the distance between them is the whole story: the sector line is an equal-weighted index of its 6 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the sector taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.
Sector relative strength · before individual stocks
Is Glass & Glass Products outperforming NIFTY 500?
The 52-week comparison of Glass & Glass Products against NIFTY 500 is not available from the current market series. 5 of 6 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Asahi India Glass Ltd is the strongest against the sector itself at +16.3%. Readings are as of 2026-07-19.
—Sector vs NIFTY 500 · 13 weeks
—Sector vs NIFTY 500 · 52 weeks
5/6Stocks leading NIFTY 500
3/6Stocks leading sector
Sector metric: 22.5 as of 2026-07-19 · CONSOLIDATION · falling.
The central tension: the companies with the most scale are not necessarily the companies creating the most change.
Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.
Bottom line
The 52-week sector comparison is unavailable. 5 of 6 covered companies currently have positive Mansfield relative strength versus NIFTY 500. Asahi India Glass Ltd leads with revenue of ₹4,990 crore, based on 6 of 6 comparable companies through Mar 2026. Sejal Glass Ltd has the fastest current revenue growth at 62%, across 6 of 6 comparable companies.
Which Glass & Glass Products company is largest by revenue?
Asahi India Glass Ltd leads with revenue of ₹4,990 crore, based on 6 of 6 comparable companies through Mar 2026.
Which Glass & Glass Products company is growing fastest?
Sejal Glass Ltd has the fastest current revenue growth at 62%, across 6 of 6 comparable companies.
Which Glass & Glass Products company has the strongest 4-Factor Sector Score?
Saint-Gobain Sekurit India Ltd ranks first at 69.4/100 with 79% evidence confidence. The score prioritizes research; it is not a buy recommendation.
Which Glass & Glass Products company reports the most CAPEX?
Borosil Scientific Ltd reports the largest latest CAPEX at ₹7 crore, with 1 of 6 companies comparable.
Which Glass & Glass Products company has the least gross debt?
Saint-Gobain Sekurit India Ltd has the lowest comparable gross debt at ₹1 crore. Asahi India Glass Ltd has the highest at ₹2,198 crore.
Which Glass & Glass Products company has the lowest comparable PEG?
Asahi India Glass Ltd has the lowest comparable Guarded PEG at 8.68, among 1 of 6 companies that pass the metric’s comparability rules.
How much history does this Glass & Glass Products comparison include?
The page compares up to 20 reported quarters per company for fundamentals, CAPEX, debt and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.
How is the 4-Factor Sector Score calculated?
The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.
Companies
6
complete canonical membership
Combined market value
₹34.8K Cr
Asahi India Glass Ltd
Revenue growing
6/6
positive TTM year-on-year growth
Beating NIFTY 500
5/6
positive Mansfield relative strength
Global company selection
00 · research priority, made explicit
4-Factor Sector Score
An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.
Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
Saint-Gobain Sekurit India Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 79% evidence confidence.
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is guarded: positive earnings, positive 5–60% three-year EPS growth, and a positive P/E are required.
1. Saint-Gobain Sekurit India Ltd · 515043
69.4/100 · Favorable setup · 79% evidence
Exact sum: 21.5 + 20.1 + 12.2 + 15.6 = 69.4
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
21.5/35Growth & earnings
Revenue 16.3% · PAT 27.8% · OPM change 2 pp
83% evidence
20.1/25Capital efficiency
ROCE 24% · debt/equity 0×
80% evidence
12.2/20Valuation
P/E 29.4× · PEG —
50% evidence
15.6/20Relative strength
RS sector 0.5% · RS bench 19.8% · 1Y 19.3%
100% evidence
2. Empire Industries Ltd · 509525
62.8/100 · Mixed-positive evidence · 73% evidence
Exact sum: 23.3 + 13.5 + 14 + 12 = 62.8
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
23.3/35Growth & earnings
Revenue 8% · PAT 48.6% · OPM change 8 pp
83% evidence
13.5/25Capital efficiency
ROCE 18% · debt/equity 0.49×
80% evidence
14.0/20Valuation
P/E 11.8× · PEG —
50% evidence
12.0/20Relative strength
RS sector 0.5% · RS bench 2.6% · 1Y -7.7%
70% evidence
3. Borosil Renewables Ltd · BORORENEW
61.0/100 · Mixed-positive evidence · 62% evidence
Exact sum: 24.2 + 18 + 10.9 + 7.9 = 61
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
24.2/35Growth & earnings
Revenue 11% · PAT 100% · OPM change 13 pp
71% evidence
18.0/25Capital efficiency
ROCE 25.3% · debt/equity 0.11×
80% evidence
10.9/20Valuation
P/E 22× · PEG —
15% evidence
7.9/20Relative strength
RS sector -13.4% · RS bench 9.4% · 1Y 3.3%
70% evidence
4. Borosil Scientific Ltd · BOROSCI
53.5/100 · Mixed-positive evidence · 70% evidence
Exact sum: 18.7 + 15.4 + 9.1 + 10.3 = 53.5
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
18.7/35Growth & earnings
Revenue 6.9% · PAT 29.6% · OPM change 9 pp
83% evidence
15.4/25Capital efficiency
ROCE 12.1% · debt/equity 0.02×
95% evidence
9.1/20Valuation
P/E 33.6× · PEG —
15% evidence
10.3/20Relative strength
RS sector -6.6% · RS bench 22.2% · 1Y -10.5%
70% evidence
5. Sejal Glass Ltd · SEJALLTD
48.3/100 · Mixed-negative evidence · 83% evidence
Exact sum: 21.1 + 12.5 + 12.8 + 1.9 = 48.3
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
21.1/35Growth & earnings
Revenue 62% · PAT 100% · OPM change 2 pp
83% evidence
12.5/25Capital efficiency
ROCE 18.6% · debt/equity 1.34×
95% evidence
12.8/20Valuation
P/E 29.2× · PEG —
50% evidence
1.9/20Relative strength
RS sector -13.9% · RS bench 2.4% · 1Y 52.1%
100% evidence
6. Asahi India Glass Ltd · ASAHIINDIA
35.2/100 · Mixed-negative evidence · 90% evidence
Exact sum: 11.3 + 10.2 + 1.3 + 12.4 = 35.2
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
11.3/35Growth & earnings
Revenue 8.6% · PAT -6.5% · OPM change 4 pp
88% evidence
10.2/25Capital efficiency
ROCE 11.8% · debt/equity 0.56×
100% evidence
1.3/20Valuation
P/E 64.1× · PEG 8.68
100% evidence
12.4/20Relative strength
RS sector 16.3% · RS bench -3% · 1Y 4.7%
70% evidence
01 · compare level, then change
Revenue Scale & Growth Durability
Asahi India Glass Ltd has the highest Revenue among the 6 Glass & Glass Products companies compared here, at ₹4,990 crore. Borosil Renewables Ltd is next at ₹1,615 crore. Sejal Glass Ltd has the highest Revenue growth at 62%, so level and change sit with different companies. 6 of 6 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Asahi India Glass Ltd is the scale leader at ₹4,990 crore, 209% ahead of Borosil Renewables Ltd. Sejal Glass Ltd's growth is 62% from a ₹397 crore base, with 14 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.
LeaderAsahi India Glass Ltd · ₹4,990 crore
Gap209% versus #2 · Borosil Renewables Ltd
Persistence7/8 recent comparable periods
Coverage6/6 companies · 88 observations
Investor read: Asahi India Glass Ltd is the scale benchmark; Sejal Glass Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.
This conclusion weakens if: Asahi India Glass Ltd's growth falls below Sejal Glass Ltd's for two consecutive comparable reports while operating margin also compresses.
Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.
Revenuelargest
1Asahi India Glass Ltd ASAHIINDIA₹5.0K Cr
2Borosil Renewables Ltd BORORENEW₹1.6K Cr
3Empire Industries Ltd 509525₹731 Cr
4Borosil Scientific Ltd BOROSCI⚠ unverified₹467 Cr
5Sejal Glass Ltd SEJALLTD⚠ unverified₹397 Cr
Revenue growthfastest growers
1Sejal Glass Ltd SEJALLTD⚠ unverified62%
2Saint-Gobain Sekurit India Ltd 51504316%
3Borosil Renewables Ltd BORORENEW11%
4Asahi India Glass Ltd ASAHIINDIA8.6%
5Empire Industries Ltd 5095258.0%
Revenue · company comparison
6/6 level · 6/6 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Revenue | Revenue growth | Reported |
|---|---|---|---|
| Asahi India Glass Ltd ASAHIINDIA | ₹1.4K Cr | 15% | Mar 2026 |
| Borosil Renewables Ltd BORORENEW | ₹406 Cr | 17% | Jun 2026 |
| Empire Industries Ltd 509525 | ₹195 Cr | 4.8% | Mar 2026 |
| Borosil Scientific Ltd BOROSCI⚠ unverified | ₹143 Cr | 11% | Mar 2026 |
| Sejal Glass Ltd SEJALLTD⚠ unverified | ₹115 Cr | 69% | Mar 2026 |
| Saint-Gobain Sekurit India Ltd 515043 | ₹66 Cr | 22% | Mar 2026 |
Full 20-quarter history · every available company
Revenue · reported quarter history
Asahi India Glass Ltd · ASAHIINDIA
₹797 Cr
₹829 Cr
₹941 Cr
₹923 Cr
₹1.0K Cr
₹1.0K Cr
₹1.1K Cr
₹1.1K Cr
₹1.1K Cr
₹1.0K Cr
₹1.1K Cr
₹1.1K Cr
₹1.2K Cr
₹1.1K Cr
₹1.2K Cr
₹1.2K Cr
₹1.2K Cr
₹1.3K Cr
₹1.4K Cr
—
Borosil Renewables Ltd · BORORENEW
—
—
—
—
—
₹246 Cr
₹309 Cr
₹354 Cr
₹402 Cr
₹330 Cr
₹283 Cr
₹371 Cr
₹373 Cr
₹361 Cr
₹374 Cr
₹347 Cr
₹379 Cr
₹390 Cr
₹440 Cr
₹406 Cr
Borosil Scientific Ltd · BOROSCI⚠ unverified
—
—
—
—
—
—
—
₹88 Cr
₹92 Cr
₹100 Cr
₹116 Cr
₹104 Cr
₹103 Cr
₹101 Cr
₹129 Cr
₹96 Cr
₹107 Cr
₹121 Cr
₹143 Cr
—
Empire Industries Ltd · 509525
—
—
—
—
—
₹172 Cr
₹178 Cr
₹148 Cr
₹154 Cr
₹153 Cr
₹152 Cr
₹152 Cr
₹163 Cr
₹176 Cr
₹186 Cr
₹167 Cr
₹180 Cr
₹189 Cr
₹195 Cr
—
Saint-Gobain Sekurit India Ltd · 515043
—
—
—
—
—
₹47 Cr
₹47 Cr
₹48 Cr
₹54 Cr
₹52 Cr
₹46 Cr
₹50 Cr
₹52 Cr
₹53 Cr
₹54 Cr
₹55 Cr
₹60 Cr
₹62 Cr
₹66 Cr
—
Sejal Glass Ltd · SEJALLTD⚠ unverified
—
—
—
—
—
₹12 Cr
₹12 Cr
₹27 Cr
₹40 Cr
₹47 Cr
₹50 Cr
₹53 Cr
₹62 Cr
₹62 Cr
₹68 Cr
₹77 Cr
₹104 Cr
₹101 Cr
₹115 Cr
—
Revenue growth · reported quarter history
Asahi India Glass Ltd · ASAHIINDIA
—
—
—
53%
27%
22%
14%
18%
10%
3.4%
3.1%
4.0%
3.4%
7.7%
6.8%
8.5%
-0.6%
12%
15%
—
Borosil Renewables Ltd · BORORENEW
—
—
—
—
—
—
—
—
—
34%
-8.4%
4.8%
-7.2%
9.4%
32%
-6.5%
1.6%
8.0%
18%
17%
Borosil Scientific Ltd · BOROSCI⚠ unverified
—
—
—
—
—
—
—
—
—
—
—
18%
12%
1.0%
11%
-7.7%
3.9%
20%
11%
—
Empire Industries Ltd · 509525
—
—
—
—
—
—
—
—
—
-11%
-15%
2.7%
5.8%
15%
22%
9.9%
10%
7.4%
4.8%
—
Saint-Gobain Sekurit India Ltd · 515043
—
—
—
—
—
—
—
—
—
11%
-2.1%
4.2%
-3.7%
1.9%
17%
10%
15%
17%
22%
—
Sejal Glass Ltd · SEJALLTD⚠ unverified
—
—
—
—
—
—
—
—
—
303%
317%
96%
55%
32%
36%
45%
68%
63%
69%
—
02 · compare level, then change
Operating Economics & Margin Trend
Borosil Renewables Ltd has the highest OPM among the 6 Glass & Glass Products companies compared here, at 31%. Borosil Scientific Ltd is next at 22%. The same company also holds the highest Margin change, at +13 percentage points. 6 of 6 companies report a comparable reading, the latest through Jun 2026.
What the numbers say: Borosil Renewables Ltd leads both opm at 31% and margin change at +13 percentage points.
LeaderBorosil Renewables Ltd · 31%
Gap40.9% versus #2 · Borosil Scientific Ltd
Persistence6/8 recent comparable periods
Coverage6/6 companies · 104 observations
Investor read: Borosil Renewables Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current margin change signal.
Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.
OPMhighest
1Borosil Renewables Ltd BORORENEW31%
2Borosil Scientific Ltd BOROSCI⚠ unverified22%
3Saint-Gobain Sekurit India Ltd 51504321%
4Asahi India Glass Ltd ASAHIINDIA21%
5Empire Industries Ltd 50952517%
Margin changefastest expanders
1Borosil Renewables Ltd BORORENEW+13.0 pp
2Borosil Scientific Ltd BOROSCI⚠ unverified+9.0 pp
3Empire Industries Ltd 509525+8.0 pp
4Asahi India Glass Ltd ASAHIINDIA+4.0 pp
5Saint-Gobain Sekurit India Ltd 515043+2.0 pp
Operating margin · company comparison
6/6 level · 6/6 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | OPM | Margin change | Reported |
|---|---|---|---|
| Borosil Renewables Ltd BORORENEW | 31% | +13.0 pp | Jun 2026 |
| Borosil Scientific Ltd BOROSCI⚠ unverified | 22% | +9.0 pp | Mar 2026 |
| Saint-Gobain Sekurit India Ltd 515043 | 21% | +2.0 pp | Mar 2026 |
| Asahi India Glass Ltd ASAHIINDIA | 21% | +4.0 pp | Mar 2026 |
| Empire Industries Ltd 509525 | 17% | +8.0 pp | Mar 2026 |
| Sejal Glass Ltd SEJALLTD⚠ unverified | 16% | +2.0 pp | Mar 2026 |
Full 20-quarter history · every available company
OPM · reported quarter history
Asahi India Glass Ltd · ASAHIINDIA
23%
26%
26%
24%
21%
19%
16%
19%
17%
16%
16%
16%
18%
16%
17%
16%
16%
20%
21%
—
Borosil Renewables Ltd · BORORENEW
—
—
—
28%
25%
8.0%
11%
7.0%
8.0%
6.0%
-9.0%
6.0%
8.0%
-3.0%
4.0%
18%
31%
31%
31%
31%
Borosil Scientific Ltd · BOROSCI⚠ unverified
—
—
—
—
—
—
21%
7.0%
10%
12%
16%
9.0%
15%
10%
13%
5.0%
8.0%
14%
22%
—
Empire Industries Ltd · 509525
11%
9.2%
13%
11%
11%
9.0%
15%
11%
12%
5.0%
15%
11%
12%
10%
9.0%
9.0%
12%
9.0%
17%
—
Saint-Gobain Sekurit India Ltd · 515043
20%
29%
20%
20%
17%
19%
20%
17%
19%
18%
19%
17%
17%
22%
19%
21%
21%
21%
21%
—
Sejal Glass Ltd · SEJALLTD⚠ unverified
-9.0%
-8.3%
—
—
5.4%
9.3%
0.0%
9.0%
14%
13%
11%
13%
14%
15%
14%
15%
16%
14%
16%
—
Margin change · reported quarter history
Asahi India Glass Ltd · ASAHIINDIA
+4.3 pp
+2.8 pp
+3.4 pp
+4.4 pp
−2.2 pp
−7.0 pp
−9.7 pp
−5.0 pp
−4.2 pp
−3.0 pp
0.0 pp
−3.0 pp
+1.0 pp
0.0 pp
+1.0 pp
0.0 pp
−2.0 pp
+4.0 pp
+4.0 pp
—
Borosil Renewables Ltd · BORORENEW
—
—
—
—
—
—
—
−21.3 pp
−16.8 pp
−2.0 pp
−20.0 pp
−1.0 pp
0.0 pp
−9.0 pp
+13.0 pp
+12.0 pp
+23.0 pp
+34.0 pp
+27.0 pp
+13.0 pp
Borosil Scientific Ltd · BOROSCI⚠ unverified
—
—
—
—
—
—
—
—
—
—
−5.2 pp
+2.0 pp
+5.0 pp
−2.0 pp
−3.0 pp
−4.0 pp
−7.0 pp
+4.0 pp
+9.0 pp
—
Empire Industries Ltd · 509525
−3.5 pp
+3.2 pp
+11.8 pp
+2.3 pp
−0.3 pp
−0.2 pp
+1.9 pp
+0.0 pp
+1.4 pp
−4.0 pp
0.0 pp
0.0 pp
0.0 pp
+5.0 pp
−6.0 pp
−2.0 pp
0.0 pp
−1.0 pp
+8.0 pp
—
Saint-Gobain Sekurit India Ltd · 515043
+6.1 pp
+6.8 pp
−4.1 pp
+0.7 pp
−2.9 pp
−10.1 pp
−0.3 pp
−2.7 pp
+2.2 pp
−1.0 pp
−1.0 pp
0.0 pp
−2.0 pp
+4.0 pp
0.0 pp
+4.0 pp
+4.0 pp
−1.0 pp
+2.0 pp
—
Sejal Glass Ltd · SEJALLTD⚠ unverified
+186.1 pp
+104.5 pp
—
—
+14.4 pp
+17.6 pp
—
—
+8.6 pp
+3.7 pp
+11.0 pp
+4.0 pp
0.0 pp
+2.0 pp
+3.0 pp
+2.0 pp
+2.0 pp
−1.0 pp
+2.0 pp
—
03 · compare level, then change
Profit Scale & Acceleration
Borosil Renewables Ltd has the highest Net profit among the 6 Glass & Glass Products companies compared here, at ₹418 crore. Asahi India Glass Ltd is next at ₹345 crore. Sejal Glass Ltd has the highest Profit growth at the 100% top of the scoring scale, so level and change sit with different companies.
What the numbers say: Borosil Renewables Ltd leads with ₹418 crore of TTM profit, 21.2% above Asahi India Glass Ltd. Sejal Glass Ltd shows ≥100% on the scoring scale (180% uncapped) growth from a ₹28 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.
LeaderBorosil Renewables Ltd · ₹418 crore
Gap21.2% versus #2 · Asahi India Glass Ltd
Persistence0/3 recent comparable periods
Coverage6/6 companies · 88 observations
Investor read: Borosil Renewables Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.
Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.
Net profitlargest
1Borosil Renewables Ltd BORORENEW₹418 Cr
2Asahi India Glass Ltd ASAHIINDIA₹345 Cr
3Empire Industries Ltd 509525₹52 Cr
4Saint-Gobain Sekurit India Ltd 515043₹46 Cr
5Borosil Scientific Ltd BOROSCI⚠ unverified₹35 Cr
Profit growthfastest growers
1Sejal Glass Ltd SEJALLTD⚠ unverified100%
2Empire Industries Ltd 50952549%
3Borosil Scientific Ltd BOROSCI⚠ unverified30%
4Saint-Gobain Sekurit India Ltd 51504328%
5Asahi India Glass Ltd ASAHIINDIA-6.5%
Net profit · company comparison
6/6 level · 5/6 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Net profit | Profit growth | Reported |
|---|---|---|---|
| Asahi India Glass Ltd ASAHIINDIA | ₹133 Cr | 45% | Mar 2026 |
| Borosil Renewables Ltd BORORENEW | ₹87 Cr | -143% | Jun 2026 |
| Borosil Scientific Ltd BOROSCI⚠ unverified | ₹27 Cr | 200% | Mar 2026 |
| Empire Industries Ltd 509525 | ₹19 Cr | 375% | Mar 2026 |
| Saint-Gobain Sekurit India Ltd 515043 | ₹13 Cr | 30% | Mar 2026 |
| Sejal Glass Ltd SEJALLTD⚠ unverified | ₹11 Cr | 175% | Mar 2026 |
Full 20-quarter history · every available company
Net profit · reported quarter history
Asahi India Glass Ltd · ASAHIINDIA
₹81 Cr
₹100 Cr
₹128 Cr
₹107 Cr
₹105 Cr
₹83 Cr
₹68 Cr
₹103 Cr
₹86 Cr
₹63 Cr
₹73 Cr
₹77 Cr
₹95 Cr
₹105 Cr
₹92 Cr
₹55 Cr
₹58 Cr
₹99 Cr
₹133 Cr
—
Borosil Renewables Ltd · BORORENEW
—
—
—
—
—
₹6 Cr
₹10 Cr
₹-12 Cr
₹30 Cr
₹-16 Cr
₹-53 Cr
₹-14 Cr
₹-13 Cr
₹-30 Cr
₹-30 Cr
₹-203 Cr
₹62 Cr
₹100 Cr
₹169 Cr
₹87 Cr
Borosil Scientific Ltd · BOROSCI⚠ unverified
—
—
—
—
—
—
—
₹3 Cr
₹5 Cr
₹6 Cr
₹9 Cr
₹5 Cr
₹9 Cr
₹4 Cr
₹9 Cr
₹-4 Cr
₹3 Cr
₹9 Cr
₹27 Cr
—
Empire Industries Ltd · 509525
—
—
—
—
—
₹8 Cr
₹14 Cr
₹6 Cr
₹8 Cr
₹10 Cr
₹13 Cr
₹10 Cr
₹10 Cr
₹11 Cr
₹4 Cr
₹10 Cr
₹12 Cr
₹11 Cr
₹19 Cr
—
Saint-Gobain Sekurit India Ltd · 515043
—
—
—
—
—
₹7 Cr
₹8 Cr
₹7 Cr
₹9 Cr
₹8 Cr
₹7 Cr
₹8 Cr
₹8 Cr
₹10 Cr
₹10 Cr
₹11 Cr
₹11 Cr
₹11 Cr
₹13 Cr
—
Sejal Glass Ltd · SEJALLTD⚠ unverified
—
—
—
—
—
₹0 Cr
₹8 Cr
₹0 Cr
₹1 Cr
₹1 Cr
₹0 Cr
₹1 Cr
₹2 Cr
₹3 Cr
₹4 Cr
₹4 Cr
₹8 Cr
₹5 Cr
₹11 Cr
—
Profit growth · reported quarter history
Asahi India Glass Ltd · ASAHIINDIA
—
—
—
206%
30%
-17%
-47%
-3.7%
-18%
-24%
7.4%
-25%
10%
67%
26%
-29%
-39%
-5.7%
45%
—
Borosil Renewables Ltd · BORORENEW
—
—
—
—
—
—
—
—
—
-367%
-630%
—
-143%
—
—
—
—
—
—
—
Borosil Scientific Ltd · BOROSCI⚠ unverified
—
—
—
—
—
—
—
—
—
—
—
67%
80%
-33%
0.0%
-180%
-67%
125%
200%
—
Empire Industries Ltd · 509525
—
—
—
—
—
—
—
—
—
25%
-7.1%
67%
25%
10%
-69%
0.0%
20%
0.0%
375%
—
Saint-Gobain Sekurit India Ltd · 515043
—
—
—
—
—
—
—
—
—
14%
-13%
14%
-11%
25%
43%
38%
38%
10%
30%
—
Sejal Glass Ltd · SEJALLTD⚠ unverified
—
—
—
—
—
—
—
—
—
156%
-100%
—
100%
200%
—
300%
300%
67%
175%
—
04 · compare level, then change
Capacity Spending & Returns On It
Borosil Scientific Ltd has the highest CAPEX among the 6 Glass & Glass Products companies compared here, at ₹7 crore. 1 of 6 companies report a comparable reading, the latest through Mar 2026. Its CAPEX series carries 7 reported observations across the 20-quarter window.
What the numbers say: Borosil Scientific Ltd leads capex at ₹7 crore; the second comparison lacks enough current evidence.
LeaderBorosil Scientific Ltd · ₹7 crore
GapNot enough peers
PersistenceNot enough history
Coverage1/6 companies · 7 observations
Investor read: Use the CAPEX rank as a diligence queue. Verify commissioning, utilization, cash conversion and post-investment ROCE before treating spend as value creation.
This conclusion weakens if: CAPEX rises without higher utilization, operating cash flow or incremental returns.
CAPEX is cash spent on property, plant, equipment and other reported capital assets. CAPEX intensity divides that spend by revenue; high intensity is a reinvestment signal, not proof that the reinvestment will earn attractive returns.
CAPEXlargest spenders
1Borosil Scientific Ltd BOROSCI⚠ unverified₹7 Cr
CAPEX intensityhighest reinvestment intensity
—Not enough comparable data—
Capital expenditure · company comparison
1/6 level · 0/6 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
Withheld from this chart: Borosil Renewables Ltd (BORORENEW) — its two data sources disagree by up to 57% on reported income across 15 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | CAPEX | CAPEX intensity | Reported |
|---|---|---|---|
| Borosil Scientific Ltd BOROSCI⚠ unverified | ₹7 Cr | — | Mar 2026 |
Full 20-quarter history · every available company
CAPEX · reported quarter history
Borosil Scientific Ltd · BOROSCI⚠ unverified
₹2 Cr
₹4 Cr
₹4 Cr
₹4 Cr
₹4 Cr
₹7 Cr
₹7 Cr
—
—
—
—
—
—
—
—
—
—
—
—
—
No consistent historical series is available for capex intensity.
Annual capital allocation · 10-year view
6/6 capacity base · 6/6 OCF · 6/6 CAPEX · 6/6 FCF
Capacity base is net fixed assets plus capital work in progress, straight off the reported balance sheet. It is not cash spent, so it answers a narrower question than CAPEX — but it is reported for companies whose cash-flow CAPEX is not published, which is why it leads here. Missing years remain blank; annual values are never relabelled as quarters.
Full annual capacity base, operating cash flow, CAPEX and free cash flow history
Capacity base · net fixed assets + CWIP · fiscal-year history
Asahi India Glass Ltd · ASAHIINDIA
₹1.7K Cr
₹2.0K Cr
₹2.4K Cr
₹2.5K Cr
₹2.5K Cr
₹2.4K Cr
₹2.6K Cr
₹3.4K Cr
₹4.6K Cr
₹5.0K Cr
Borosil Renewables Ltd · BORORENEW
₹351 Cr
₹399 Cr
₹514 Cr
—
—
—
₹1.0K Cr
₹1.1K Cr
₹912 Cr
₹722 Cr
Borosil Scientific Ltd · BOROSCI⚠ unverified
—
—
—
—
—
—
—
₹193 Cr
₹188 Cr
₹198 Cr
Empire Industries Ltd · 509525
₹215 Cr
₹274 Cr
₹316 Cr
₹389 Cr
₹378 Cr
₹361 Cr
₹326 Cr
₹315 Cr
₹304 Cr
₹303 Cr
Saint-Gobain Sekurit India Ltd · 515043
₹46 Cr
₹38 Cr
₹32 Cr
₹25 Cr
₹22 Cr
₹21 Cr
₹18 Cr
₹18 Cr
₹19 Cr
₹20 Cr
Sejal Glass Ltd · SEJALLTD⚠ unverified
—
₹44 Cr
₹38 Cr
₹35 Cr
₹33 Cr
₹33 Cr
₹20 Cr
₹120 Cr
₹121 Cr
₹202 Cr
Operating cash flow · fiscal-year history
Asahi India Glass Ltd · ASAHIINDIA
₹418 Cr
₹449 Cr
₹424 Cr
₹293 Cr
₹516 Cr
₹586 Cr
₹402 Cr
₹653 Cr
₹720 Cr
₹502 Cr
Borosil Renewables Ltd · BORORENEW
₹43 Cr
₹103 Cr
₹-25 Cr
—
—
—
₹-6 Cr
₹69 Cr
₹100 Cr
₹423 Cr
Borosil Scientific Ltd · BOROSCI⚠ unverified
—
—
—
—
—
₹9 Cr
₹-1 Cr
₹30 Cr
₹120 Cr
₹43 Cr
Empire Industries Ltd · 509525
₹48 Cr
₹20 Cr
₹-13 Cr
₹40 Cr
₹103 Cr
₹53 Cr
₹79 Cr
₹75 Cr
₹92 Cr
₹59 Cr
Saint-Gobain Sekurit India Ltd · 515043
₹7 Cr
₹17 Cr
₹24 Cr
₹27 Cr
₹2 Cr
₹12 Cr
₹34 Cr
₹30 Cr
₹28 Cr
₹33 Cr
Sejal Glass Ltd · SEJALLTD⚠ unverified
—
—
₹3 Cr
₹7 Cr
₹3 Cr
₹-6 Cr
₹-3 Cr
₹-9 Cr
₹-6 Cr
₹51 Cr
CAPEX · reported cash flow · fiscal-year history
Asahi India Glass Ltd · ASAHIINDIA
₹553 Cr
₹443 Cr
₹507 Cr
₹252 Cr
₹91 Cr
₹91 Cr
₹376 Cr
₹989 Cr
₹1.4K Cr
₹654 Cr
Borosil Renewables Ltd · BORORENEW
₹41 Cr
₹85 Cr
₹160 Cr
—
—
—
—
₹139 Cr
₹-7 Cr
₹-95 Cr
Borosil Scientific Ltd · BOROSCI⚠ unverified
—
—
—
—
—
—
—
—
₹13 Cr
₹29 Cr
Empire Industries Ltd · 509525
₹7 Cr
₹72 Cr
₹53 Cr
₹88 Cr
₹8 Cr
₹-2 Cr
₹-18 Cr
₹5 Cr
₹6 Cr
₹15 Cr
Saint-Gobain Sekurit India Ltd · 515043
₹13 Cr
₹1 Cr
₹2 Cr
₹1 Cr
₹2 Cr
₹3 Cr
₹1 Cr
₹4 Cr
₹5 Cr
₹4 Cr
Sejal Glass Ltd · SEJALLTD⚠ unverified
—
—
₹-3 Cr
₹-1 Cr
₹0 Cr
₹1 Cr
₹-12 Cr
₹106 Cr
₹8 Cr
₹96 Cr
Free cash flow · fiscal-year history
Asahi India Glass Ltd · ASAHIINDIA
₹-135 Cr
₹6 Cr
₹-83 Cr
₹41 Cr
₹425 Cr
₹495 Cr
₹26 Cr
₹-336 Cr
₹-638 Cr
₹-152 Cr
Borosil Renewables Ltd · BORORENEW
₹2 Cr
₹18 Cr
₹-185 Cr
—
—
—
—
₹-70 Cr
₹107 Cr
₹518 Cr
Borosil Scientific Ltd · BOROSCI⚠ unverified
—
—
—
—
—
—
—
—
₹107 Cr
₹14 Cr
Empire Industries Ltd · 509525
₹41 Cr
₹-52 Cr
₹-66 Cr
₹-48 Cr
₹95 Cr
₹55 Cr
₹97 Cr
₹70 Cr
₹86 Cr
₹44 Cr
Saint-Gobain Sekurit India Ltd · 515043
₹-6 Cr
₹16 Cr
₹22 Cr
₹26 Cr
₹0 Cr
₹9 Cr
₹33 Cr
₹26 Cr
₹23 Cr
₹29 Cr
Sejal Glass Ltd · SEJALLTD⚠ unverified
—
—
₹6 Cr
₹8 Cr
₹3 Cr
₹-7 Cr
₹9 Cr
₹-115 Cr
₹-14 Cr
₹-45 Cr
05 · compare level, then change
Debt Load & Balance-Sheet Headroom
Saint-Gobain Sekurit India Ltd has the lowest Gross debt among the 6 Glass & Glass Products companies compared here, at ₹1 crore. Borosil Scientific Ltd is next at ₹9 crore. Borosil Scientific Ltd has the lowest Net debt at ₹127 crore net cash, so level and change sit with different companies.
What the numbers say: Borosil Scientific Ltd has the clearest covered balance-sheet capacity with ₹127 crore net cash and gross debt of ₹9 crore. Absolute debt alone does not identify the strongest balance sheet because company scale differs; net debt and debt-to-equity carry more information.
LeaderSaint-Gobain Sekurit India Ltd · ₹1 crore
Gap88.9% versus #2 · Borosil Scientific Ltd
PersistenceNot enough history
Coverage6/6 companies · 69 observations
Investor read: Prioritize net-cash capacity and leverage relative to operating scale, not the smallest absolute rupee debt.
This conclusion weakens if: Net debt rises faster than revenue and profit for two consecutive reported periods.
Gross debt shows contractual borrowings. Net debt subtracts reported cash; a negative value means net cash. Lower debt can create capacity, but should be read against the scale and capital intensity of the business.
Gross debtlowest gross debt
1Saint-Gobain Sekurit India Ltd 515043₹1 Cr
2Borosil Scientific Ltd BOROSCI⚠ unverified₹9 Cr
3Borosil Renewables Ltd BORORENEW₹162 Cr
4Empire Industries Ltd 509525₹172 Cr
5Sejal Glass Ltd SEJALLTD⚠ unverified₹202 Cr
Net debtlowest net debt
1Borosil Scientific Ltd BOROSCI⚠ unverified₹-127 Cr
2Sejal Glass Ltd SEJALLTD⚠ unverified₹187 Cr
3Asahi India Glass Ltd ASAHIINDIA₹2.0K Cr
Debt and balance-sheet capacity · company comparison
6/6 level · 3/6 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Gross debt | Net debt | Reported |
|---|---|---|---|
| Asahi India Glass Ltd ASAHIINDIA | ₹2.2K Cr | ₹2.0K Cr | Mar 2026 |
| Sejal Glass Ltd SEJALLTD⚠ unverified | ₹202 Cr | ₹187 Cr | Mar 2026 |
| Empire Industries Ltd 509525 | ₹172 Cr | — | Mar 2026 |
| Borosil Renewables Ltd BORORENEW | ₹162 Cr | — | Jun 2026 |
| Borosil Scientific Ltd BOROSCI⚠ unverified | ₹9 Cr | ₹-127 Cr | Mar 2026 |
| Saint-Gobain Sekurit India Ltd 515043 | ₹1 Cr | — | Mar 2026 |
Full 20-quarter history · every available company
Gross debt · reported quarter history
Asahi India Glass Ltd · ASAHIINDIA
₹1.5K Cr
₹1.5K Cr
₹1.2K Cr
₹1.2K Cr
₹1.2K Cr
₹1.2K Cr
₹1.4K Cr
₹1.4K Cr
₹1.6K Cr
₹1.6K Cr
₹2.0K Cr
₹2.0K Cr
₹2.3K Cr
₹2.3K Cr
₹2.7K Cr
₹2.7K Cr
₹2.9K Cr
₹2.9K Cr
₹2.2K Cr
—
Borosil Renewables Ltd · BORORENEW
—
—
—
—
—
—
₹421 Cr
—
—
—
₹576 Cr
—
—
—
₹252 Cr
—
₹203 Cr
—
₹162 Cr
—
Borosil Scientific Ltd · BOROSCI⚠ unverified
—
—
—
₹1 Cr
₹1 Cr
₹46 Cr
₹46 Cr
₹46 Cr
—
—
₹18 Cr
₹18 Cr
₹18 Cr
₹18 Cr
₹14 Cr
₹14 Cr
₹9 Cr
₹9 Cr
₹9 Cr
—
Empire Industries Ltd · 509525
—
—
₹232 Cr
—
—
—
₹183 Cr
—
—
—
₹168 Cr
—
—
—
₹150 Cr
—
₹182 Cr
—
₹172 Cr
—
Saint-Gobain Sekurit India Ltd · 515043
—
—
₹6 Cr
—
—
—
₹6 Cr
—
—
—
₹1 Cr
—
—
—
₹0 Cr
—
₹1 Cr
—
₹1 Cr
—
Sejal Glass Ltd · SEJALLTD⚠ unverified
₹30 Cr
₹30 Cr
₹33 Cr
₹33 Cr
₹29 Cr
₹29 Cr
₹31 Cr
₹31 Cr
₹117 Cr
₹117 Cr
₹162 Cr
₹162 Cr
₹171 Cr
₹171 Cr
₹183 Cr
₹183 Cr
₹227 Cr
₹227 Cr
₹202 Cr
—
Net debt · reported quarter history
Asahi India Glass Ltd · ASAHIINDIA
₹1.4K Cr
₹1.4K Cr
₹1.2K Cr
₹1.1K Cr
₹1.1K Cr
₹1.1K Cr
₹1.3K Cr
₹1.3K Cr
₹1.4K Cr
₹1.4K Cr
₹1.8K Cr
₹1.8K Cr
₹2.2K Cr
₹2.2K Cr
₹2.5K Cr
₹2.5K Cr
₹1.9K Cr
₹1.9K Cr
₹2.0K Cr
—
Borosil Scientific Ltd · BOROSCI⚠ unverified
—
—
—
₹-5 Cr
₹-5 Cr
₹13 Cr
₹13 Cr
₹13 Cr
—
—
₹6 Cr
₹6 Cr
₹5 Cr
₹5 Cr
₹-105 Cr
₹-105 Cr
₹-107 Cr
₹-107 Cr
₹-127 Cr
—
Sejal Glass Ltd · SEJALLTD⚠ unverified
₹29 Cr
₹29 Cr
₹32 Cr
₹32 Cr
₹28 Cr
₹28 Cr
₹29 Cr
₹29 Cr
₹115 Cr
₹115 Cr
₹159 Cr
₹159 Cr
₹167 Cr
₹167 Cr
₹176 Cr
₹176 Cr
₹219 Cr
₹219 Cr
₹187 Cr
—
06 · compare level, then change
Return On Capital Employed
Borosil Renewables Ltd has the highest ROCE among the 6 Glass & Glass Products companies compared here, at 25.3%. Saint-Gobain Sekurit India Ltd is next at 24%. The same company also holds the highest ROCE change, at +29 percentage points. 6 of 6 companies report a comparable reading, the latest through Jun 2026.
What the numbers say: Borosil Renewables Ltd leads ROCE at 25.3%, 1.3 percentage points above Saint-Gobain Sekurit India Ltd. Borosil Renewables Ltd has the strongest latest improvement at +29 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.
LeaderBorosil Renewables Ltd · 25.3%
Gap5.4% versus #2 · Saint-Gobain Sekurit India Ltd
PersistenceNot enough history
Coverage6/6 companies · 45 observations
Investor read: Borosil Renewables Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current roce change signal.
ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.
ROCEhighest
1Borosil Renewables Ltd BORORENEW25%
2Saint-Gobain Sekurit India Ltd 51504324%
3Sejal Glass Ltd SEJALLTD⚠ unverified19%
4Empire Industries Ltd 50952518%
5Borosil Scientific Ltd BOROSCI⚠ unverified12%
ROCE changefastest improvers
1Borosil Renewables Ltd BORORENEW+29.0 pp
2Empire Industries Ltd 509525+4.0 pp
3Saint-Gobain Sekurit India Ltd 515043+4.0 pp
4Borosil Scientific Ltd BOROSCI⚠ unverified+1.3 pp
5Sejal Glass Ltd SEJALLTD⚠ unverified−0.6 pp
Return on capital · company comparison
6/6 level · 6/6 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
Withheld from this chart: Borosil Renewables Ltd (BORORENEW) — its two data sources disagree by up to 57% on reported income across 15 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | ROCE | ROCE change | Reported |
|---|---|---|---|
| Sejal Glass Ltd SEJALLTD⚠ unverified | 14% | −0.6 pp | Mar 2026 |
| Asahi India Glass Ltd ASAHIINDIA | 10% | −1.4 pp | Mar 2026 |
| Borosil Scientific Ltd BOROSCI⚠ unverified | 9.4% | +1.3 pp | Mar 2026 |
Full 20-quarter history · every available company
ROCE · reported quarter history
Asahi India Glass Ltd · ASAHIINDIA
20%
—
22%
—
26%
—
22%
—
19%
19%
14%
16%
12%
16%
12%
15%
8.6%
12%
10%
—
Borosil Scientific Ltd · BOROSCI⚠ unverified
—
9.0%
12%
8.9%
6.5%
3.2%
1.8%
—
—
—
7.7%
15%
9.5%
16%
8.1%
7.1%
5.0%
6.8%
9.4%
—
Sejal Glass Ltd · SEJALLTD⚠ unverified
43%
—
-23%
—
6.5%
—
13%
—
5.3%
14%
9.1%
20%
12%
15%
15%
19%
14%
21%
14%
—
ROCE change · reported quarter history
Asahi India Glass Ltd · ASAHIINDIA
—
—
—
—
+6.0 pp
—
−0.4 pp
—
−7.4 pp
—
−7.7 pp
—
−6.3 pp
−3.0 pp
−2.6 pp
−1.4 pp
−3.7 pp
−4.7 pp
−1.4 pp
—
Borosil Scientific Ltd · BOROSCI⚠ unverified
—
—
—
—
—
−5.8 pp
−9.7 pp
—
—
—
+5.9 pp
—
—
—
+0.4 pp
−7.7 pp
−4.5 pp
−8.7 pp
+1.3 pp
—
Sejal Glass Ltd · SEJALLTD⚠ unverified
—
—
—
—
−36.7 pp
—
+36.0 pp
—
−1.2 pp
—
−4.1 pp
—
+6.8 pp
+1.2 pp
+5.7 pp
−0.4 pp
+2.1 pp
+6.1 pp
−0.6 pp
—
07 · compare level, then change
Valuation Against Growth & Quality
Asahi India Glass Ltd has the lowest Guarded PEG among the 6 Glass & Glass Products companies compared here, at 8.68×. Empire Industries Ltd has the lowest P/E at 11.8×, so level and change sit with different companies. 1 of 6 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Asahi India Glass Ltd has the lowest comparable Guarded PEG at 8.68×. Only 1 of 6 companies pass the guard, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.
LeaderAsahi India Glass Ltd · 8.68×
GapNot enough peers
Persistence0/8 recent comparable periods
Coverage1/6 companies · 6 observations
Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.
This conclusion weakens if: The next two comparable reports reverse the current p/e signal.
PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data sources reconciled. A missing PEG is more honest than a low-base fiction.
Guarded PEGlowest PEG
1Asahi India Glass Ltd ASAHIINDIA8.7
P/Elowest P/E
1Empire Industries Ltd 50952511.8
2Borosil Renewables Ltd BORORENEW22.0
3Sejal Glass Ltd SEJALLTD⚠ unverified29.2
4Saint-Gobain Sekurit India Ltd 51504329.4
5Borosil Scientific Ltd BOROSCI⚠ unverified33.6
Valuation · company comparison
1/6 level · 6/6 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Guarded PEG | P/E | Reported |
|---|---|---|---|
| Asahi India Glass Ltd ASAHIINDIA | 8.7 | 64.9 | Mar 2026 |
| Empire Industries Ltd 509525 | — | 13.7 | Mar 2026 |
| Saint-Gobain Sekurit India Ltd 515043 | — | 18.9 | Mar 2026 |
| Borosil Renewables Ltd BORORENEW | — | 26.4 | Jun 2026 |
| Borosil Scientific Ltd BOROSCI⚠ unverified | — | 37.7 | Mar 2026 |
| Sejal Glass Ltd SEJALLTD⚠ unverified | — | 21.9 | Mar 2026 |
Full 20-quarter history · every available company
Guarded PEG · reported quarter history
Asahi India Glass Ltd · ASAHIINDIA
—
—
0.6
—
—
—
—
5.6
—
—
5.8
—
—
—
1.8
8.6
8.7
—
—
—
P/E · reported quarter history
Asahi India Glass Ltd · ASAHIINDIA
37.7
42.6
33.0
37.9
37.1
28.9
25.9
32.5
42.2
40.8
40.4
49.7
61.2
58.5
44.5
51.3
67.7
85.2
64.9
—
Borosil Renewables Ltd · BORORENEW
—
—
—
112.4
100.3
87.8
71.0
94.8
179.4
174.1
—
—
—
—
—
—
—
—
56.7
26.4
Borosil Scientific Ltd · BOROSCI⚠ unverified
—
—
—
—
—
—
—
—
—
—
—
80.7
73.5
51.3
39.5
54.6
49.1
57.9
37.7
—
Empire Industries Ltd · 509525
33.3
34.5
25.0
16.4
15.4
13.2
10.4
11.6
18.1
15.6
14.1
16.2
15.7
18.1
14.7
19.2
18.7
15.4
13.7
—
Saint-Gobain Sekurit India Ltd · 515043
31.2
40.3
29.0
26.4
30.4
32.6
27.7
33.7
35.8
38.3
35.9
38.5
38.1
38.0
28.3
28.4
27.2
23.3
18.9
—
Sejal Glass Ltd · SEJALLTD⚠ unverified
—
—
—
-122.5
—
-402.2
30.7
32.2
26.9
26.3
38.3
112.7
108.5
121.7
47.3
45.4
51.5
45.0
21.9
—
08 · compare level, then change
Enterprise Value & Book Value
Empire Industries Ltd has the lowest EV/EBITDA among the 6 Glass & Glass Products companies compared here, at 6.5×. Sejal Glass Ltd is next at 12.9×. The same company also holds the lowest P/BV, at 1.74×. 6 of 6 companies report a comparable reading, the latest through Mar 2026. Its EV/EBITDA series carries 19 reported observations across the 20-quarter window.
What the numbers say: Empire Industries Ltd leads both ev/ebitda at 6.5× and p/bv at 1.74×.
LeaderEmpire Industries Ltd · 6.5×
Gap49.6% versus #2 · Sejal Glass Ltd
Persistence0/8 recent comparable periods
Coverage6/6 companies · 94 observations
Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.
This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.
EV/EBITDA includes debt in enterprise value and is useful across different capital structures. P/BV prices the company against its own book. Both are market multiples on reported figures, not intrinsic-value estimates and not forecasts.
EV/EBITDAlowest EV/EBITDA
1Empire Industries Ltd 5095256.5
2Sejal Glass Ltd SEJALLTD⚠ unverified12.9
3Saint-Gobain Sekurit India Ltd 51504313.3
4Borosil Scientific Ltd BOROSCI⚠ unverified15.8
5Borosil Renewables Ltd BORORENEW18.8
P/BVlowest P/BV
1Empire Industries Ltd 5095251.7
2Borosil Scientific Ltd BOROSCI⚠ unverified3.1
3Saint-Gobain Sekurit India Ltd 5150434.9
4Borosil Renewables Ltd BORORENEW5.4
5Sejal Glass Ltd SEJALLTD⚠ unverified5.7
Enterprise and book valuation · company comparison
6/6 level · 6/6 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | EV/EBITDA | P/BV | Reported |
|---|---|---|---|
| Asahi India Glass Ltd ASAHIINDIA | 26.2 | 5.6 | Mar 2026 |
| Borosil Renewables Ltd BORORENEW | 18.8 | 5.7 | Jun 2026 |
| Borosil Scientific Ltd BOROSCI⚠ unverified | 15.8 | 2.2 | Mar 2026 |
| Saint-Gobain Sekurit India Ltd 515043 | 13.3 | 3.7 | Mar 2026 |
| Sejal Glass Ltd SEJALLTD⚠ unverified | 12.9 | 9.2 | Mar 2026 |
| Empire Industries Ltd 509525 | 6.5 | 1.6 | Mar 2026 |
Full 20-quarter history · every available company
EV/EBITDA · reported quarter history
Asahi India Glass Ltd · ASAHIINDIA
16.2
18.4
14.9
18.4
18.4
14.9
13.5
15.7
20.3
19.6
19.1
23.3
27.9
27.1
21.7
24.5
31.4
34.2
26.2
—
Borosil Renewables Ltd · BORORENEW
—
—
—
66.5
54.7
48.0
38.8
41.2
40.2
43.3
50.4
90.6
102.4
123.3
151.8
80.4
104.9
35.2
16.0
18.8
Borosil Scientific Ltd · BOROSCI⚠ unverified
—
—
—
—
—
—
—
—
—
—
—
37.5
34.2
23.9
18.0
24.3
21.0
21.4
15.8
—
Empire Industries Ltd · 509525
10.8
10.2
9.1
8.7
7.6
6.9
6.1
6.3
8.1
7.0
6.8
8.0
8.0
9.3
7.7
8.9
7.9
7.2
6.5
—
Saint-Gobain Sekurit India Ltd · 515043
19.0
25.7
19.1
17.8
20.7
22.0
18.4
22.7
23.9
25.8
24.3
25.8
25.5
25.7
19.2
19.9
19.2
16.4
13.3
—
Sejal Glass Ltd · SEJALLTD⚠ unverified
—
—
—
343.6
—
—
—
—
55.9
37.2
33.6
24.8
22.7
28.4
16.6
18.6
22.1
24.0
12.9
—
P/BV · reported quarter history
Asahi India Glass Ltd · ASAHIINDIA
6.0
7.7
6.5
9.1
8.0
6.6
6.2
6.7
7.4
6.3
5.9
7.9
7.9
7.3
5.9
7.6
8.3
6.9
5.6
—
Borosil Renewables Ltd · BORORENEW
—
—
—
6.9
9.0
7.9
4.5
5.5
6.1
6.1
7.0
7.2
7.4
8.7
7.3
7.9
7.7
8.2
6.1
5.7
Borosil Scientific Ltd · BOROSCI⚠ unverified
—
—
—
—
—
—
—
—
—
—
—
5.1
4.3
3.8
2.8
3.6
2.9
2.6
2.2
—
Empire Industries Ltd · 509525
1.9
1.6
1.4
1.6
1.5
1.5
1.4
1.6
2.3
2.0
1.9
2.1
2.1
2.5
2.0
2.2
2.0
1.8
1.6
—
Saint-Gobain Sekurit India Ltd · 515043
3.9
5.2
4.4
4.7
5.2
5.7
4.2
5.4
5.8
6.5
6.3
6.7
6.1
6.1
4.8
5.1
4.9
4.4
3.7
—
Sejal Glass Ltd · SEJALLTD⚠ unverified
—
0.0
0.5
-4.7
-5.3
45.5
-4.8
-4.5
16.2
8.9
13.8
12.8
14.1
19.1
10.9
17.1
18.9
15.9
9.2
—
09 · let price answer last
Market action
Sejal Glass Ltd has the strongest one-year price move in Glass & Glass Products at +52.1%. Borosil Scientific Ltd leads on Mansfield relative strength against NIFTY at +22.2%. 5 of 6 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-07-17.
Every price line is indexed to 100 over the chosen window. Mansfield relative strength compares a price ratio with its own 52-week average; zero separates leadership from lagging.
Price and relative strength
Price is rebased to 100 inside the selected window. Pair ratio rebases each selected company against one chosen denominator.
Before the conclusion · check the blind spots
What can make this comparison misleading?
This Glass & Glass Products comparison names 7 specific ways its own evidence can mislead, all listed below. All 6 companies here report on comparable dates, so no rank carries a stale marker. 2 draw at least one figure from a second feed with too little overlap to cross-check. 1 has second-feed figures withheld because the two sources disagree.
Keep these limits visible
- A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
- A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
- The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
- An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
- 2 companies draw at least one figure from a second data feed with too little overlapping history to cross-check against the primary source; they are marked unverified wherever those figures appear.
- 1 company is missing from the second-feed metrics by decision, not by absence: the two sources disagree, so nothing from the second is drawn. Read those rows as narrower evidence, never as a weaker business.
- Thin comparisons: Capital expenditure, Valuation have fewer than three usable current readings.
10 · the complete set
Which companies are included?
All 6 companies in the canonical Glass & Glass Products membership are listed below, largest market value first — nothing is silently dropped, even where a company reports too little to rank. The charts above default to a selective view; this register is the complete set, with each company's own latest reporting date beside it.
AHEAD means the company is beating the index by 5% or more over three months. LAGGING, FUNDAMENTALS UP means it is 20% or more behind over a year while its trailing twelve-month earnings grew 20% or more. Both rules are fixed and applied the same way in every sector.
| Company | Market value | Price | Priced to | Latest fundamentals | Source standing |
|---|---|---|---|---|---|
| Asahi India Glass Ltd ASAHIINDIAAHEAD | ₹22.6K Cr | ₹888 | 2026-07-19 | Mar 2026 | Cross-checked |
| Borosil Renewables Ltd BORORENEWAHEAD | ₹8.2K Cr | ₹581 | 2026-07-19 | Jun 2026 | Second feed withheld |
| Borosil Scientific Ltd BOROSCIAHEAD⚠ unverified | ₹1.4K Cr | ₹152 | 2026-07-19 | Mar 2026 | Includes unverified figures |
| Saint-Gobain Sekurit India Ltd 515043AHEAD | ₹1.2K Cr | ₹132 | 2026-07-19 | Mar 2026 | Primary source only |
| Sejal Glass Ltd SEJALLTD⚠ unverified | ₹859 Cr | ₹753 | 2026-07-19 | Mar 2026 | Includes unverified figures |
| Empire Industries Ltd 509525AHEAD20/26 WEEKS | ₹610 Cr | ₹1,018 | 2026-07-19 | Mar 2026 | Primary source only |
How each company's sources stand: 2 of 6 companies draw at least one figure from a second data feed that could not be cross-checked against the primary source, because the two do not share enough reported history to compare. Those figures are marked unverified wherever they appear. 1 of 6 companies has a second data feed that is known to disagree with the primary source, so nothing from it is drawn: Borosil Renewables Ltd (BORORENEW) — its two data sources disagree by up to 57% on reported income across 15 comparable periods, so its derived ratios are withheld.
Evidence and freshness
How was this comparison built?
This comparison is built from the reported filings of 6 Glass & Glass Products companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-07-24. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.
FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-07-24 · weekly price and relative-strength history
Derived metricsGrowth, changes, CAPEX intensity, net debt, guarded PEG and P/BV÷ROE are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
Source standing1 cross-checked · 4 unverified · 1 withheld, of 6 graded companies.
A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from. Every company's standing is listed in the register above.
Questions investors ask · short, speakable answers
Glass & Glass Products company comparison FAQs
These 18 answers restate the Glass & Glass Products comparison above in question form. Every one is computed from the same 6 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-07-24. Nothing here is estimated, and none of it is a recommendation.
What is the Nifty Glass & Glass Products index?
The Nifty Glass & Glass Products index tracks India's listed Glass & Glass Products companies as a single basket. This page follows the same 6 companies and equal-weights them, so every company's weekly return counts once whatever it is worth, and the reading belongs to the Glass & Glass Products sector rather than to its largest constituent. Figures are as of Jun 2026.
Which are the best Glass & Glass Products stocks in India?
Ranked by this page's four-factor score, Saint-Gobain Sekurit India Ltd places first among 6 listed Glass & Glass Products companies, followed by Empire Industries Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.
How many Glass & Glass Products stocks are listed in India?
This comparison covers 6 listed Glass & Glass Products companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026.
Which Glass & Glass Products company is the biggest?
Asahi India Glass Ltd is the largest, with trailing-twelve-month revenue of ₹4,990 crore, ahead of Borosil Renewables Ltd at ₹1,615 crore. That covers 6 of 6 companies with comparable reporting through Mar 2026.
Which Glass & Glass Products company is growing fastest?
Sejal Glass Ltd has the fastest revenue growth at 62% year on year, across 6 of 6 comparable companies. Fast growth off a small base is not the same as proven scale — check whether the rate holds across several quarters on the chart above before treating it as a trend.
Which Glass & Glass Products company has the best profit margins?
Borosil Renewables Ltd has the highest operating margin at 31%, from 6 of 6 comparable companies. Borosil Renewables Ltd shows the biggest recent improvement, at +13 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.
Which Glass & Glass Products company makes the most profit?
Borosil Renewables Ltd earns the most, at ₹418 crore of trailing-twelve-month net profit, from 6 of 6 comparable companies. Sejal Glass Ltd has the fastest profit growth at 100%, though growth off a small or recovering profit base overstates how much has actually changed.
Which Glass & Glass Products company earns the highest return on capital?
Borosil Renewables Ltd leads on return on capital employed at 25.3%, across 6 of 6 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.
Which Glass & Glass Products stock is the cheapest?
On guarded PEG — where a LOWER number is cheaper — Asahi India Glass Ltd screens cheapest at 8.68×. Only 1 of 6 companies pass the comparability guard, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.
Which Glass & Glass Products company has the strongest balance sheet?
Saint-Gobain Sekurit India Ltd carries the lowest comparable gross debt at ₹1 crore, from 6 of 6 companies. Absolute rupee debt alone does not settle it, because company scale differs — net debt and debt-to-equity in the chart above carry more information, and a very low-debt balance sheet can also mean under-investment.
Which Glass & Glass Products stock has the strongest price momentum?
Borosil Scientific Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.
Which Glass & Glass Products company scores highest for research priority?
Saint-Gobain Sekurit India Ltd scores 69.4 out of 100 with 79% evidence confidence, from 21.5 points on growth and earnings, 20.1 on capital efficiency, 12.2 on valuation and 15.6 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.
How many Glass & Glass Products companies does this comparison cover, and over what period?
It compares 6 listed companies over up to 20 reported quarters of fundamentals and 10 fiscal years of capital allocation, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.
What is the total market cap of the Glass & Glass Products sector?
The 6 Glass & Glass Products companies on this page carry ₹34,832 crore of combined market value. Asahi India Glass Ltd is the largest at ₹22,645 crore, about 65% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-07-29.
What is the Glass & Glass Products sector's P/E ratio?
The median price-to-earnings ratio across the 6 Glass & Glass Products companies on this page is 29.4×, measured on the 6 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-07-29.
How is the Glass & Glass Products sector performing?
5 of the 6 covered Glass & Glass Products companies are beating NIFTY 500 on Mansfield relative strength. A 52-week sector-versus-index comparison is not available from the current market series for this sector, so it is not quoted. Readings are as of 2026-07-29.
Why are some values on this page blank?
A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.
Is this investment advice?
No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.