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
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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.
01 · the index people search for
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.
02 · the sector itself · before any single company
How has Glass & Glass Products moved against NIFTY 500?
The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the most recent two of them this sector is 16% 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 15 weeks running.
FADING · −1 in 4w✓Price and the fundamentals both up2 of 6 companies ahead of NIFTY 500 by 5% or more over three months
RS ↑15w · 3/6 >200d (+0) · 2/6 lead (−1) · EPS 4/6↑
Glass & Glass Products, equal-weighted, based at 200
NIFTY 500, same base, same start
trailing 12-month earnings per share rising
falling
Glass & Glass Products, equal-weighted, based at 200
NIFTY 500, same base, same start
trailing 12-month earnings per share rising
falling
Glass & Glass Products, equal-weighted, based at 200
NIFTY 500, same base, same start
trailing 12-month earnings per share rising
falling
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.
03 · sector relative strength, before individual stocks
Is Glass & Glass Products outperforming NIFTY 500?
Glass & Glass Products has outperformed NIFTY 500 by 19.9% over the last 52 weeks. Over 13 weeks the gap is a lead of 13.5%. 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%.
+13.5%Sector vs NIFTY 500 · 13 weeks
+19.9%Sector vs NIFTY 500 · 52 weeks
5/6Stocks leading NIFTY 500
2/6Stocks 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
Glass & Glass Products has outperformed NIFTY 500 by 19.9% over 52 weeks and 13.5% over 13 weeks. 5 of 6 covered companies beat NIFTY on Mansfield relative strength, while 2 of 6 beat the sector itself. Asahi India Glass Ltd leads with revenue of ₹4,990 crore, based on 6 of 6 comparable companies through Mar 2026.
Companies
6
complete canonical membership
Combined market value
₹34.2K Cr
Asahi India Glass Ltd
Revenue growing
6/6
positive TTM year-on-year growth
Beating NIFTY 500
5/6
positive Mansfield relative strength
Comparing 5 of 6
04 · 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%
Empire Industries Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 72.1% evidence confidence.
How this score is built, and what the marks mean
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Empire Industries Ltd509525 | 64.1/100Mixed-positive evidence72% evidence | TURNING | 23.1/35 Revenue 8% · PAT 48.6% · OPM change 8 pp 83% evidence | 13.9/25 ROCE 18% · OPM 17% 76% evidence | 14.0/20 P/E 12.4× · PEG — 50% evidence | 13.1/20 RS sector 0.5% · RS bench 6.8% · 1Y -3.3%8 of 11 weeks ahead 70% evidence |
| Exact sum: 23.1 + 13.9 + 14 + 13.1 = 64.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 2Saint-Gobain Sekurit India Ltd515043 | 63.3/100Mixed-positive evidence82% evidence | LEADER | 19.6/35 Revenue 16.3% · PAT 27.8% · OPM change -4.9 pp 95% evidence | 17.5/25 ROCE 24% · OPM 16.3% 76% evidence | 12.3/20 P/E 25.2× · PEG — 50% evidence | 13.9/20 RS sector -5.1% · RS bench 9.5% · 1Y 11.9%12 of 12 weeks ahead 100% evidence |
| Exact sum: 19.6 + 17.5 + 12.3 + 13.9 = 63.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 3Borosil Renewables LtdBORORENEW | 57.9/100Mixed-positive evidence61% evidence | TURNING | 24.2/35 Revenue 11% · PAT 100% · OPM change 13 pp 71% evidence | 18.2/25 ROCE 25.3% · OPM 31% 76% evidence | 10.9/20 P/E 21× · PEG — 15% evidence | 4.6/20 RS sector -13.4% · RS bench 0.6% · 1Y -10.9%9 of 10 weeks ahead 70% evidence |
| Exact sum: 24.2 + 18.2 + 10.9 + 4.6 = 57.9 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -13.4% and the one-year return is -10.9%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth. | ||||||
| 4Sejal Glass LtdSEJALLTD | 54.3/100Mixed-positive evidence87% evidence | FADING | 21.6/35 Revenue 63.2% · PAT 100% · OPM change -1.4 pp 95% evidence | 16.7/25 ROCE 18.6% · OPM 13.7% 95% evidence | 12.2/20 P/E 27.3× · PEG — 50% evidence | 3.8/20 RS sector -10.8% · RS bench 2.8% · 1Y 55.7%10 of 12 weeks ahead 100% evidence |
| Exact sum: 21.6 + 16.7 + 12.2 + 3.8 = 54.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 5Borosil Scientific LtdBOROSCI | 50.6/100Mixed-positive evidence70% evidence | TURNING | 18.3/35 Revenue 6.9% · PAT 29.6% · OPM change 9 pp 83% evidence | 12.9/25 ROCE 12.1% · OPM 22% 95% evidence | 9.1/20 P/E 34.8× · PEG — 15% evidence | 10.3/20 RS sector -6.6% · RS bench 19.6% · 1Y -7.5%9 of 10 weeks ahead 70% evidence |
| Exact sum: 18.3 + 12.9 + 9.1 + 10.3 = 50.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 6Asahi India Glass LtdASAHIINDIA | 34.9/100Adverse evidence90% evidence | TURNING | 11.2/35 Revenue 8.6% · PAT -6.5% · OPM change 4 pp 88% evidence | 10.3/25 ROCE 11.8% · OPM 21% 100% evidence | 1.3/20 P/E 63.2× · PEG 8.68 100% evidence | 12.1/20 RS sector 16.3% · RS bench -4.2% · 1Y 4.8%0 of 10 weeks ahead 70% evidence |
| Exact sum: 11.2 + 10.3 + 1.3 + 12.1 = 34.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
05 · what price has already done
Market action
Sejal Glass Ltd has the strongest one-year price move in Glass & Glass Products at +55.7%. Borosil Scientific Ltd leads on Mansfield relative strength against NIFTY at +19.6%. 5 of 6 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-07-31.
Price and relative strength
Every company, the sector's own index and NIFTY 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.
How far ahead of or behind NIFTY 500 each company has been running, measured against its own recent average of that comparison, so the flat line at zero IS NIFTY 500: above it the company is beating the market, below it the market is beating the company. It opens on one year.
The same measure taken against Glass & Glass Products itself instead of the whole market, so the flat line at zero is the sector: above it the company is beating its own peers, which is the sharper test of the two. It opens on one year.
06 · 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 63.2%, 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 63.2% from a ₹437 crore base, with 15 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 · 90 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
Revenue growthfastest growers
Revenue · company comparison
6/6 level · 6/6 change
On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.
All-company data · latest reported quarter
In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them 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 | ₹118 Cr | 53% | Jun 2026 |
| Saint-Gobain Sekurit India Ltd 515043 | ₹61 Cr | 11% | Jun 2026 |
Full 20-quarter history · every available company
Revenue · reported quarter history
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
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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
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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
₹61 Cr
Sejal Glass Ltd · SEJALLTD⚠ unverified
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—
—
—
—
₹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
₹118 Cr
Revenue growth · reported quarter history
Asahi India Glass Ltd · ASAHIINDIA
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—
—
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%
-2.0%
3.3%
-4.4%
1.3%
17%
9.9%
17%
16%
23%
11%
Sejal Glass Ltd · SEJALLTD⚠ unverified
—
—
—
—
—
—
—
—
—
305%
316%
94%
55%
31%
35%
46%
69%
64%
69%
53%
07 · 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 · 106 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
Margin changefastest expanders
Operating margin · company comparison
6/6 level · 6/6 change
All-company data · latest reported quarter
| 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 |
| Asahi India Glass Ltd ASAHIINDIA | 21% | +4.0 pp | Mar 2026 |
| Empire Industries Ltd 509525 | 17% | +8.0 pp | Mar 2026 |
| Saint-Gobain Sekurit India Ltd 515043 | 16% | −4.9 pp | Jun 2026 |
| Sejal Glass Ltd SEJALLTD⚠ unverified | 14% | −1.4 pp | Jun 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
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—
—
28%
25%
8.0%
11%
7.0%
8.0%
6.0%
-9.0%
6.0%
8.0%
-2.8%
4.1%
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%
4.5%
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%
16%
Sejal Glass Ltd · SEJALLTD⚠ unverified
-9.0%
-8.3%
—
—
5.4%
9.3%
0.0%
9.4%
14%
13%
11%
13%
14%
15%
14%
15%
16%
14%
16%
14%
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
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—
—
—
—
—
—
−21.3 pp
−16.8 pp
−2.0 pp
−20.0 pp
−1.0 pp
0.0 pp
−8.8 pp
+13.1 pp
+12.0 pp
+23.0 pp
+33.8 pp
+26.9 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
−4.5 pp
0.0 pp
0.0 pp
0.0 pp
+5.5 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
−2.3 pp
+2.0 pp
−0.8 pp
−1.1 pp
−0.6 pp
−2.0 pp
+3.3 pp
+0.6 pp
+4.3 pp
+4.2 pp
−0.8 pp
+2.0 pp
−4.9 pp
Sejal Glass Ltd · SEJALLTD⚠ unverified
+186.1 pp
+104.5 pp
—
—
+14.4 pp
+17.6 pp
—
—
+8.2 pp
+3.4 pp
+10.8 pp
+3.7 pp
−0.1 pp
+2.0 pp
+3.1 pp
+2.1 pp
+2.6 pp
−0.3 pp
+2.0 pp
−1.4 pp
08 · 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 (126.7% uncapped) growth from a ₹32 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 · 90 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
Profit growthfastest growers
Net profit · company comparison
6/6 level · 5/6 change
All-company data · latest reported quarter
| 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 | ₹9 Cr | -13% | Jun 2026 |
| Sejal Glass Ltd SEJALLTD⚠ unverified | ₹7 Cr | 63% | Jun 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
₹9 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
₹7 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
—
—
—
—
—
—
—
—
—
17%
-8.8%
7.9%
-4.5%
23%
37%
41%
30%
11%
31%
-13%
Sejal Glass Ltd · SEJALLTD⚠ unverified
—
—
—
—
—
—
—
—
—
162%
-96%
6,900%
124%
233%
1,084%
215%
233%
49%
201%
63%
09 · 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
ROCE changefastest improvers
Return on capital · company comparison
6/6 level · 6/6 change
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
| Company | ROCE | ROCE change | Reported |
|---|---|---|---|
| Sejal Glass Ltd SEJALLTD⚠ unverified | 14% | −0.6 pp | Jun 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%
20%
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
+1.3 pp
+5.7 pp
−1.6 pp
+2.1 pp
+5.3 pp
−0.6 pp
—
10 · compare level, then change
Valuation Against Growth & Quality
Asahi India Glass Ltd has the lowest PEG among the 6 Glass & Glass Products companies compared here, at 8.68×. Empire Industries Ltd has the lowest P/E at 12.4×, 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 PEG at 8.68×. Only 1 of 6 companies have earnings and growth steady enough for the ratio to mean anything, 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 feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.
PEGlowest PEG
P/Elowest P/E
Valuation · company comparison
1/6 level · 6/6 change
All-company data · latest reported quarter
| Company | 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 | — | 26.9 | Jun 2026 |
| Borosil Renewables Ltd BORORENEW | — | 30.2 | Jun 2026 |
| Borosil Scientific Ltd BOROSCI⚠ unverified | — | 37.7 | Mar 2026 |
| Sejal Glass Ltd SEJALLTD⚠ unverified | — | 27.8 | Jun 2026 |
Full 20-quarter history · every available company
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
30.2
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
26.9
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
27.8
11 · 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: Valuation have fewer than three usable current readings.
12 · 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 2026-07-31. 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 2026-07-31 · weekly price and relative-strength history
Derived metricsGrowth, changes and PEG 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.
How a second data feed is admitted, and what happens when it disagrees
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.
13 · questions investors ask, short speakable answers
Glass & Glass Products company comparison FAQs
These 24 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 2026-07-31. Nothing here is estimated, and none of it is a recommendation.
Is the Glass & Glass Products sector outperforming NIFTY 500?
Glass & Glass Products has outperformed NIFTY 500 by 19.9% over 52 weeks and 13.5% over 13 weeks. 5 of 6 covered companies beat NIFTY on Mansfield relative strength, while 2 of 6 beat the sector itself.
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 63.2%, across 6 of 6 comparable companies.
Which Glass & Glass Products company has the strongest 4-Factor Sector Score?
Empire Industries Ltd ranks first at 64.1/100 with 72.1% evidence confidence. The score prioritizes research; it is not a buy recommendation.
Which Glass & Glass Products company has the lowest comparable PEG?
Asahi India Glass Ltd has the lowest comparable PEG at 8.68, among 1 of 6 companies whose earnings and growth are steady enough for the ratio to mean anything.
How much history does this Glass & Glass Products comparison include?
The page compares up to 20 reported quarters per company for fundamentals, returns 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.
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, Empire Industries Ltd places first among 6 listed Glass & Glass Products companies, followed by Saint-Gobain Sekurit India 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 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 PEG — where a LOWER number is cheaper — Asahi India Glass Ltd screens cheapest at 8.68×. Only 1 of 6 companies have earnings and growth steady enough for the ratio to mean anything, 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.
Is the Glass & Glass Products sector beating the market?
Glass & Glass Products has outperformed NIFTY 500 by 19.9% over the last 52 weeks and 13.5% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 5 of 6 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.
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?
Empire Industries Ltd scores 64.1 out of 100 with 72.1% evidence confidence, from 23.1 points on growth and earnings, 13.9 on capital efficiency, 14 on valuation and 13.1 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, 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 ₹34,181 crore of combined market value. Asahi India Glass Ltd is the largest at ₹22,346 crore, about 65% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-05.
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 27.3×, 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 2026-08-05.
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. The sector itself is 19.9% ahead of NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-08-05.
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.