# Haldyn Glass share price today (Haldyn Glass Ltd, NSE: HALDYNGL)

> Haldyn Glass share price today: ₹131.54 at the NSE close on 3 November 2026. Haldyn Glass (NSE: HALDYNGL) is worth ₹706 crore and trades at a P/E of 22.8. > Haldyn Glass Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. HALDYNGL · Packaging - FMCG/Consumers · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/haldyn-glass-ltd

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## Key numbers

- Business trend: Turning around, from the last 12 quarters
- Price: ₹131.54
- P/E: 22.8× (higher than 50% of the last 10 years)
- Revenue (Jun 2026): ₹139 Cr (+20.9% on a year ago)
- Profit (Jun 2026): ₹10.0 Cr (+100.0% on a year ago)
- Operating margin: 16.0% (+1.0 points on a year ago)
- ROCE: 14%, FY26
- ROIC: 8.5%, against a 12.0% cost of capital: −3.5 points

Biggest thing to watch: the price has already been rising for 22 weeks, so timing is the risk more than the business. ## What is the Haldyn Glass share price today? Haldyn Glass Ltd's share price was ₹131.54 at the close on 3 November 2026. It has been rising for 22 weeks. That is 7.9% above its average price over the last 200 trading days. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 13 weeks in a row. Since its first close in our records, on 17 April 2026, it has traded between ₹92 and ₹153, and at that close it sat 65% of the way up from that low. Over the last 6 months the share price moved +43% while the NIFTY 500 moved −5%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Haldyn Glass this quarter? 2. Highest quarterly profit in 14 quarters Profit of ₹10 crore in the June 2026 quarter is the highest of the last 14 quarters. 3. Revenue up on a year earlier for 5 quarters in a row In the June 2026 quarter revenue was ₹139 crore, +20.9% on a year earlier. ## What are Haldyn Glass' latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Haldyn Glass reported revenue of ₹139 crore, up 20.9% from ₹115 crore a year earlier, and a profit of ₹10.0 crore, up 100.0% from ₹5.00 crore. ### Haldyn Glass results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹139 crore | ₹115 crore | +20.9% |
| Profit | ₹10.0 crore | ₹5.00 crore | +100.0% |
| Earnings per share | ₹1.91 | ₹1.00 | +91.0% |
| Operating margin | 16.0% | 15.0% | +1.0 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Haldyn Glass share price history? Haldyn Glass closed at ₹131.54 on 3 November 2026. Its highest weekly close since April 2026 was ₹152.60 on 28 September 2026. ### Haldyn Glass share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹132.90 | −1.0% |
| 1 month ago · 1 Oct 2026 | ₹146.65 | −10.3% |
| 6 months ago · 30 Apr 2026 | ₹108.08 | +21.7% |
| Earliest and lowest weekly close in our records · 17 Apr 2026 | ₹91.76 | +43.4% |
| Highest weekly close since April 2026 · 28 Sep 2026 | ₹152.60 | −13.8% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (36 weekly closes from 17 April 2026 to 3 November 2026.)

## What is the latest news on Haldyn Glass? 3 Nov 2026: Haldyn Glass closed at ₹131.54, down 1.0% on the week and down 10.3% on the month. 28 Aug 2026: ex-date for a dividend of ₹0.70 a share. ### Earlier

- Results for April to June 2026: Revenue up 20.9% and profit up 100.0% on a year earlier. ## What dividend does Haldyn Glass pay? Haldyn Glass paid ₹0.70 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 0.53% at the ₹131.54 close on 3 November 2026. The last was a dividend of ₹0.70 a share, ex-date 28 August 2026. ### Haldyn Glass dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 28 Aug 2026 | ₹0.70 | Dividend |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 0 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Haldyn Glass Ltd paid out 15% of its profit as dividends in FY26, and it paid a dividend in 10 of its last 11 reported years. One of those years shows a negative figure because profit itself was negative. (From the NSE corporate-actions record, read 4 November 2026.)

## What did Haldyn Glass management say on the latest results call? Haldyn Glass' management made 0 promises we could check against what it later reported. (Our read after the April to June 2026 results, written 22 August 2026.)

## What is the future of Haldyn Glass? What is changing in the business? The changes showing up in Haldyn Glass' own numbers are debt falling. It is too early to say whether they last. Debt falling too early to call

Borrowings declined from ₹128 crore in March 2025 to ₹116 crore in March 2026, and quarterly interest expense stayed below the corresponding prior-year quarter. The proposed expansion will use internally generated funds and borrowings, so the current saving may not persist. Why it may last: The current saving is delivered, but the approved expansion includes borrowing. What could be flattering it: A reporting-date debt reduction financed by shareholders or disposals, or a saving soon consumed by expansion borrowing. Next check: Interest expense remains at or below ₹3 crore and the next balance sheet shows borrowings no higher than ₹116 crore. Quarter by quarter, 4 quarters

July to September 2025

Interest expense fell from ₹4 crore to ₹3 crore. This benefited profit below operating profit, which fell in this quarter. ✓ fact

October to December 2025

Interest expense remained ₹3 crore against ₹4 crore a year earlier, giving a second quarter of reported savings. ✓ fact

January to March 2026

Interest expense was ₹3 crore against ₹4 crore a year earlier. Year-end borrowings fell from ₹128 crore to ₹116 crore, with equity capital unchanged at ₹5 crore. FY26 operating cash flow was ₹62 crore, spending cash flow was negative ₹34 crore and financing cash flow was negative ₹30 crore. ✓ fact

April to June 2026

Interest expense remained ₹3 crore against ₹4 crore a year earlier. The expansion funding disclosure introduces a future borrowing requirement, but the latest reported saving has not reversed. ✓ fact

From our notes of the call for April to June 2026: Majorly through internal accruals and balance via borrowings. We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown. (Checked against results and calls up to April to June 2026, 10 October 2026.)

## What could change the Haldyn Glass story? What are the risks? Operating profit margin falling below 11.5% across two consecutive quarters or quarterly revenue contracting below ₹110 Cr, indicating loss of operating leverage. ### Each change stops working if

- Operating Leverage on Fixed Overhead Base: Volume demand slows while energy feedstock prices surge, reversing the operating leverage effect. - Working Capital Cycle Compression: Receivables stretch beyond 75 days or inventory piles up due to finished goods accumulation. ### The main risks

- Raw Material and Natural Gas Cost Volatility: Energy and soda ash feedstock price surges can compress gross margins due to customer pass-through lags. ⚠ estimate
- Customer and End-Market Concentration: High exposure to domestic liquor, beverage, and pharma packaging exposes volume to sector-specific slowdowns. ⚠ estimate
- Non-Operating Other Income Fluctuations: Periodic other income spikes have historically flattered headline quarterly profit before tax. ⚠ estimate
- Financial Information Disclosure Scarcity: Absence of regular quarterly earnings conference calls caps research visibility and management verification. ⚠ estimate

(Our read after the April to June 2026 results, written 22 August 2026.)

## What to watch in Haldyn Glass' next results? When Haldyn Glass reports July to September 2026, these are the check that show whether the story is still on course. First: Interest expense remains at or below ₹3 crore and the next balance sheet shows borrowings no higher than ₹116 crore. | What to check | Why |
| --- | --- |
| Interest expense remains at or below ₹3 crore and the next balance sheet shows borrowings no higher than ₹116 crore. | Debt falling |

## Which stock lists is Haldyn Glass on? Haldyn Glass is on one of our India lists: Undervalued stocks. [Undervalued stocks Profit growth x: 1.6111111111111112](https://www.sectoralpha.in/markets/in/deep-value-stocks)

## Is Haldyn Glass profitable? Haldyn Glass Ltd earned ₹10.0 Cr of net profit in the Jun 2026 quarter, +100.0% on the same quarter a year earlier. That is the 4th quarter in a row of profit growth. Full-year FY26 profit was ₹25.0 Cr. Over 10 years profit has grown 13.6% a year on average. That is 7.2% of the quarter's revenue. The same quarter a year earlier earned ₹5.0 Cr. For the full year, FY26 profit was ₹25.0 Cr (+31.6% on the year before). Why profit moved: revenue changed +20.9% on a year earlier and the margin moved +1.0 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +60.0% and revenue +19.5%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. FY26-Q4. revenue ₹108 Cr and profit ₹7 Cr as reported. FY27-Q1. revenue ₹139 Cr and profit ₹10 Cr as reported. Why-sources: our stock research file (22 August 2026) and the company’s own results for those quarters. ## How much revenue does Haldyn Glass make, and is it growing? Haldyn Glass Ltd reported ₹139 Cr of revenue in the Jun 2026 quarter, +20.9% on the same quarter a year earlier. That is the 5th quarter in a row with growth on the year before. Over 10 years it has grown 12.6% a year on average. The last full year, FY26, came in at ₹464 Cr. The last four reported quarters add to ₹488 Cr. FY26 revenue was ₹464 Cr, +21.5% on the year before. Recent pace: the last four quarters grew +19.5% on average, against 12.6% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +19.0%, against +25.1% a year over the last 8 quarters (rolling over); profit over the last 12 months grew +61.1%, against +17.5% a year (accelerating). FY26-Q4. revenue ₹108 Cr and profit ₹7 Cr as reported. FY27-Q1. revenue ₹139 Cr and profit ₹10 Cr as reported. Why-sources: our stock research file (22 August 2026) and the company’s own results for those quarters. ## How much of every ₹100 of sales does Haldyn Glass keep? Haldyn Glass Ltd's operating margin was 16.0% in the Jun 2026 quarter, 1.0 percentage points higher than the same quarter a year ago. Across 11 years it has been between 3.9% and 16.0%. The latest quarter is within that range. Why the margin moved: operating margin changed +1.4 percentage points on the year while gross margin changed −1.5 points. So the gain came mostly from the gross margin, which means input costs and prices charged. FY26-Q4. revenue ₹108 Cr and profit ₹7 Cr as reported. FY27-Q1. revenue ₹139 Cr and profit ₹10 Cr as reported. Why-sources: our stock research file (22 August 2026) and the company’s own results for those quarters. ## Is Haldyn Glass' profit turning into cash? Over the last 3 years, 183% of Haldyn Glass Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹62.0 Cr of operating cash against ₹25.0 Cr of profit. After ₹25.0 Cr of spending on assets, ₹37.0 Cr was left over as free cash. Why this happened. Cash conversion cycle compressed from 172 days in FY22 to 87 days in FY26, driven by debtor days reducing to 57 days. This supported FY26 operating cash flow of ₹62 Cr (2.48x PAT) and enabled total borrowings to contract to ₹116 Cr. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 183% of profit came in as cash: the cash cycle got 92 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner. What to look at next: the bigger use of cash is spending on new assets, at 3.2× depreciation over three years. The next section checks what that spending is building. ## Where does Haldyn Glass' cash go? Haldyn Glass Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 87 days in FY26, down from 179 days in FY21. It spent ₹251 Cr on assets over the last 3 years. Customers take 57 days to pay, and stock sits for 194 days on average. Why this happened. The company completed ₹188 Cr of capex in FY24, bringing cumulative 5-year capital outlay to ₹301 Cr. This capex inflection point expanded melting capacity, enabling quarterly revenue to scale from ₹87 Cr in Jun 2024 to ₹139 Cr in Jun 2026. At FY26 sales of ₹464 Cr, each day of that cycle ties up about ₹1.3 Cr, so roughly ₹111 Cr is tied up in the business at any time. FY26: customers took 57 days to pay and stock sat for 194 days, about 6.4 months of sales sitting as stock, for a full cycle of 87 days, shorter than FY21's 179. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 194 days. Customers pay about 57 days after that. Suppliers are paid at 165 days. Together that makes the 87-day cycle. Spending on assets: ₹251 Cr over the last 3 years, against ₹78.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹2.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Haldyn Glass' P/E ratio, and how does it compare with its own history? Haldyn Glass Ltd's P/E is 22.8×, in the middle of its own history: higher than 50% of past readings. Its usual P/E (the middle reading) is 22.7×, over 10 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹5.52. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## What growth does the Haldyn Glass share price assume? Worked out from its price on 11 October 2026, Haldyn Glass Ltd's share price assumed profit growth of about 16.8% a year. Over the past 10 years its profit actually grew 13.6% a year. Today its P/E is 22.8×, higher than 50% of its own last 10 years. This is a one-day reading, taken on 11 October 2026. Every other number on this page, the multiple included, uses the latest price as of 3 November 2026. A higher price assumes more growth and a lower price less, so it changes whenever the price changes, and this page does not update it between measurements. ## Is the Haldyn Glass business getting better or worse? Haldyn Glass Ltd's business is turning around. Profit growth has swung from −14.5% at its low to +61.1%, improving for 5 quarters in a row, with ROCE steady at 14.8%. This is based on 12 quarters of 4 measures. Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it. ## What is the Haldyn Glass story, and has it been checked? Haldyn Glass Ltd's story is not scored yet against the checks our research set on 22 August 2026. Where it sits in its own cycle: MID EXPANSION. Still open: Operating profit margin falling below 11.5% across two consecutive quarters or quarterly revenue contracting below ₹110 Cr, indicating loss of operating leverage. Our read, 22 August 2026. From the numbers. Haldyn sits in mid-expansion within its operating cycle, with TTM revenue expanding 19.0% and EPS rising 38.1% over the last 8 quarters. From the price. Price stage 2, week 22, above its 200-day line, relative strength falling. From the research. Where they disagree. Haldyn sits in mid-expansion within its operating cycle, with TTM revenue expanding 19.0% and EPS rising 38.1% over the last 8 quarters. What is proven. What is not proven yet. Operating profit margin falling below 11.5% across two consecutive quarters or quarterly revenue contracting below ₹110 Cr, indicating loss of operating leverage. What would change our mind. Operating profit margin falling below 11.5% across two consecutive quarters or quarterly revenue contracting below ₹110 Cr, indicating loss of operating leverage. The test written in advance. Operating profit margin falling below 11.5% across two consecutive quarters or quarterly revenue contracting below ₹110 Cr, indicating loss of operating leverage. Measured by: the thesis as written as stated by the next result. The test written in advance. The test written in advance. Raw Material and Natural Gas Cost Volatility. Measured by: Raw Material and Natural Gas Cost Volatility Quarterly gross margin decline of more than 200 bps YoY. by the next result. What the company does. Revenue expanded 20.9% YoY in Q1 FY27 to ₹139 Cr as expanded furnace capacity from the ₹188 Cr FY24 capex cycle reached higher utilization. Cash generation has improved with FY26 operating cash flow at ₹62 Cr (2.48x PAT), enabling debt reduction to ₹116 Cr despite historical margin volatility. What the surface reading misses. The surface reading is: FY26 annual revenue expanded to ₹464 Cr with operating profit of ₹63 Cr (14% OPM) and net profit of ₹25 Cr, scaling from ₹382 Cr in FY25. The research reads it further: Revenue growth of 21.5% in FY26 reflects commercialization of the ₹188 Cr FY24 capex, which increased furnace melting capacity and enabled higher glass container delivery volume. What the surface reading misses. The surface reading is: FY26 net profit reached ₹25 Cr with EPS of ₹4.61, recovering from ₹19 Cr (EPS ₹3.50) in FY25. The research reads it further: Profit recovery was driven by operating leverage on higher sales volume, though net margin remains capped at 5.4% due to ₹30 Cr annual depreciation from the expanded asset base. Lever 1 · Operating leverage: building. Incremental volume absorption spreads fixed furnace heating and depreciation costs over higher unit sales. What proves it keeps working: Operating Leverage on Fixed Overhead Base. It stops working if Volume demand slows while energy feedstock prices surge, reversing the operating leverage effect. Sources: our stock research file (22 August 2026) · quarterly results through Jun 2026. The story check is re-scored every results season; the record below never changes. ## What is Haldyn Glass management's track record? The filings show post-capital spending operating delivery, but no concall record exists to test whether management said the same thing before the hard period. ### Regulatory and governance record

Only standard insider-trading and takeover disclosures surfaced; no SEBI, CBI or ED enforcement event was found. 0% Promoter shares pledged

Sources:

- [screener.in](https://www.screener.in/company/515147/consolidated/)
- [trendlyne.com](https://trendlyne.com/equity/insider-trading-sast/all/HALDYNGL/2727/haldyn-glass-ltd/)
- [trendlyne.com](https://trendlyne.com/equity/share-holding/2727/HALDYNGL/latest/haldyn-glass-ltd/)

(Checked 30 August 2026.)

## How much does Haldyn Glass earn on its capital? Haldyn Glass Ltd earned a ROCE of 14% in FY26. That is up from a low of 1% in FY18. Its return on capital used (ROIC) is 3.5 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 5.4% net margin and 0.92× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 5.4% net margin × 0.92× asset turnover × 2.15× leverage (assets divided by equity) ≈ 10.7% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 8.5% − 12.0% = −3.5 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Haldyn Glass have too much debt? Haldyn Glass Ltd has total debt of ₹116 Cr against shareholder equity of ₹234 Cr as of Jun 2026, so its debt is 0.50× its equity. Year by year, that ratio went from 0.08 in FY22 to 0.50 in FY26. Keep that borrowing in mind when reading the returns on this page. Why this happened. Glass manufacturing entails continuous-furnace operations with fixed energy baseloads. As quarterly revenue expanded to ₹139 Cr in Q1 FY27, operating margin improved to 16% from 12% in Dec 2024, exemplifying the operating leverage catapult framework. ## What is the Haldyn Glass shareholding pattern? Promoters raised their stake in Haldyn Glass Ltd by 1.0 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 59.1% of the company. Domestic institutions moved +0.1 points over the same period, to 1.9%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: +1.0 points over 8 quarters, to 59.1%; Domestic institutions: +0.1 points over 8 quarters, to 1.9%; Foreign institutions: +0.0 points over 8 quarters, to 0.1%. Why the owners changed: promoters drove it (+1.0 points). They raised their stake step by step. ## How far is Haldyn Glass from balance-sheet trouble? For Haldyn Glass Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Haldyn Glass rank in its industry? 66.5 out of 100, rank 1 of 7 in Packaging - FMCG/Consumers, with 81% of the evidence available. Haldyn Glass Ltd scores 66.5 out of 100 against the 7 companies it is compared with in Packaging - FMCG/Consumers, ranking 1. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 29.6 + 10.6 + 14.4 + 11.9 = 66.5. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Haldyn Glass compared with? Haldyn Glass ranks 1 of 7 Packaging - FMCG/Consumers companies on the 4-Factor Sector Score, with 66.5 out of 100. 1. Haldyn Glass Ltd this page HALDYNGL · breaking out · Most evidence points up · 81% evidence 66.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.6/35 · Revenue 19% · Profit 61.1% · Operating margin change 1 points · 88% evidence Capital efficiency 10.6/25 · ROCE 13.5% · Operating margin 16% · 100% evidence Valuation 14.4/20 · P/E 22× · PEG 0.63 · 100% evidence Relative strength 11.9/20 · Lead over its industry n/a · Lead over NIFTY 500 21.5% · 1 year n/a · 25% evidence · 12 of 12 weeks ahead Exact sum: 29.6 + 10.6 + 14.4 + 11.9 = 66.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Huhtamaki India Ltd](https://www.sectoralpha.in/stocks/huhtamaki-india-ltd) HUHTAMAKI · quiet · Evidence leans up · 85% evidence 57.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.9/35 · Revenue 11.7% · Profit 30% · Operating margin change -1 points · 100% evidence Capital efficiency 7.3/25 · ROCE 12% · Operating margin 8% · 100% evidence Valuation 16.5/20 · P/E 11.4× · PEG 1.26 · 100% evidence Relative strength 11.0/20 · Lead over its industry n/a · Lead over NIFTY 500 3.8% · 1 year -15.3% · 25% evidence · 9 of 12 weeks ahead Exact sum: 22.9 + 7.3 + 16.5 + 11 = 57.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [EPL Ltd](https://www.sectoralpha.in/stocks/epl-ltd) EPL · turning · Evidence leans up · 96% evidence 50.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.7/35 · Revenue 16.9% · Profit -1.5% · Operating margin change -1 points · 88% evidence Capital efficiency 17.8/25 · ROCE 17.8% · Operating margin 19% · 100% evidence Valuation 13.5/20 · P/E 16.9× · PEG 1.33 · 100% evidence Relative strength 5.7/20 · Lead over its industry -10.8% · Lead over NIFTY 500 2.9% · 1 year 7.6% · 100% evidence · 8 of 12 weeks ahead Exact sum: 13.7 + 17.8 + 13.5 + 5.7 = 50.7 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 4. [TCPL Packaging Ltd](https://www.sectoralpha.in/stocks/tcpl-packaging-ltd) TCPLPACK · leader · Evidence leans down · 81% evidence 43.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 8.5/35 · Revenue 4.9% · Profit -13.4% · Operating margin change 0 points · 88% evidence Capital efficiency 13.7/25 · ROCE 17.7% · Operating margin 17% · 100% evidence Valuation 8.6/20 · P/E 32.2× · PEG 0.95 · 100% evidence Relative strength 12.5/20 · Lead over its industry n/a · Lead over NIFTY 500 48.6% · 1 year 33% · 25% evidence · 12 of 12 weeks ahead Exact sum: 8.5 + 13.7 + 8.6 + 12.5 = 43.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Mold-Tek Packaging Ltd](https://www.sectoralpha.in/stocks/mold-tek-packaging-ltd) MOLDTKPAC · quiet · Evidence leans down · 96% evidence 42.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.3/35 · Revenue 14.5% · Profit 15.2% · Operating margin change 0 points · 88% evidence Capital efficiency 12.6/25 · ROCE 13.3% · Operating margin 19% · 100% evidence Valuation 9.0/20 · P/E 23.8× · PEG 1.64 · 100% evidence Relative strength 0.0/20 · Lead over its industry -20% · Lead over NIFTY 500 -8% · 1 year -21.5% · 100% evidence · 0 of 12 weeks ahead Exact sum: 21.3 + 12.6 + 9 + 0 = 42.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [AGI Greenpac Ltd](https://www.sectoralpha.in/stocks/agi-greenpac-ltd) AGI · quiet · Evidence leans down · 100% evidence 38.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 10.5/35 · Revenue 6.1% · Profit 0.6% · Operating margin change -3 points · 100% evidence Capital efficiency 18.4/25 · ROCE 19.5% · Operating margin 22% · 100% evidence Valuation 5.6/20 · P/E 11.6× · PEG 2.48 · 100% evidence Relative strength 4.0/20 · Lead over its industry -12.1% · Lead over NIFTY 500 0.8% · 1 year -21.7% · 100% evidence · 10 of 12 weeks ahead Exact sum: 10.5 + 18.4 + 5.6 + 4 = 38.5 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 7. [Knack Packaging Ltd](https://www.sectoralpha.in/stocks/knack-packaging-ltd) KNACK · turning · Too little evidence to rank firmly · 38% evidence 52.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.9/43.75 · Revenue n/a · Profit n/a · Operating margin change -3 points · 32% evidence Capital efficiency 21.7/31.25 · ROCE 31% · Operating margin 13% · 95% evidence Valuation 11.9/25 · P/E 23.3× · PEG n/a · 15% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 18.9 + 21.7 + 11.9 = 52.5 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. 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 path the industry 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 growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Packaging - FMCG/Consumers](https://www.sectoralpha.in/sectors/packaging-fmcg-consumers), all 7 compared on one page. ## Which companies are close to Haldyn Glass in size? Haldyn Glass is the 7th largest of 7 Packaging - FMCG/Consumers companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: EPL, AGI Greenpac, TCPL Packaging, Knack Packaging, Mold-Tek Packaging and Huhtamaki India. It is the smallest. ### Packaging - FMCG/Consumers companies close in size

1. [EPL Ltd](https://www.sectoralpha.in/stocks/epl-ltd) ₹6,954 crore
2. [AGI Greenpac Ltd](https://www.sectoralpha.in/stocks/agi-greenpac-ltd) ₹4,148 crore
3. [TCPL Packaging Ltd](https://www.sectoralpha.in/stocks/tcpl-packaging-ltd) ₹4,005 crore
4. [Knack Packaging Ltd](https://www.sectoralpha.in/stocks/knack-packaging-ltd) ₹2,276 crore
5. [Mold-Tek Packaging Ltd](https://www.sectoralpha.in/stocks/mold-tek-packaging-ltd) ₹1,813 crore
6. [Huhtamaki India Ltd](https://www.sectoralpha.in/stocks/huhtamaki-india-ltd) ₹1,564 crore
7. Haldyn Glass Ltd ₹682 crore

[All 7 Packaging - FMCG/Consumers companies, largest first](https://www.sectoralpha.in/sectors/packaging-fmcg-consumers#all-companies)

### Companies close in size in other industries

1. [Salasar Techno Engineering Ltd](https://www.sectoralpha.in/stocks/salasar-techno-engineering-ltd) ₹685 crore · Steel Products
2. [Himatsingka Seide Ltd](https://www.sectoralpha.in/stocks/himatsingka-seide-ltd) ₹684 crore · Textiles - Home Textile
3. Haldyn Glass Ltd ₹682 crore
4. [Mangal Electrical Industries Ltd](https://www.sectoralpha.in/stocks/mangal-electrical-industries-ltd) ₹682 crore · Electric Equipment - Transformers
5. [New Delhi Television Ltd](https://www.sectoralpha.in/stocks/new-delhi-television-ltd) ₹682 crore · Entertainment & Media

## What else do people ask about Haldyn Glass? ### What is Haldyn Glass's share price today? Haldyn Glass Ltd's share price is ₹131.54. The whole company is worth ₹706 Cr on the market. In the last 52 weeks it traded between ₹92 to ₹153; today it is 65% of the way up from the low, 7.9% above its 200-day average. The price has been rising for 22 weeks (as of 3 November 2026). ### What were Haldyn Glass's latest quarterly results? Haldyn Glass Ltd reported revenue of ₹139 Cr and net profit of ₹10.0 Cr for the Jun 2026 quarter. Revenue rose 20.9% and profit rose 100.0% compared with a year earlier. Earnings per share were ₹1.91. The operating margin was 16.0%, 1.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is Haldyn Glass's market cap? Haldyn Glass Ltd's market capitalisation is ₹706 Cr at a share price of ₹131.54. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Haldyn Glass performing? Haldyn Glass Ltd's share price has been rising for 22 weeks. In its latest quarter, revenue rose 20.9% and profit rose 100.0% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 13 weeks running (as of 3 November 2026). ### Is Haldyn Glass in an uptrend? Yes, the price has been rising for 22 weeks (stage 2 of 4), 7.9% above its 200-day average, and 65% of the way up its 52-week range. A share price tends to move through four phases: moving sideways, rising, stalling and falling (as of 3 November 2026). ### Will Haldyn Glass's share price go up? This page does not forecast Haldyn Glass Ltd's share price. What it shows instead: the share price is ₹131.54, and it has been rising for 22 weeks. Its P/E of 22.8× is higher than 50% of its own last 10 years (as of 3 November 2026). ### Who owns Haldyn Glass? Promoters own 59.1% of Haldyn Glass Ltd, foreign institutions 0.1%, domestic institutions 1.9% and the public 38.9% (latest quarter). The biggest change over the last two years: Promoters raised their stake by 1.0 percentage points over 8 quarters (as of 3 November 2026). ### Where is Haldyn Glass in its business cycle? Haldyn Glass Ltd's FY26 operating margin was 14.0%, against a 11-year range of 3.9% to 16.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 16.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Haldyn Glass story? Biggest thing to watch: the price has already been rising for 22 weeks, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Haldyn Glass a stock worth studying right now? What the numbers show: Haldyn Glass Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Haldyn Glass share price forecast for 2026? The changes showing up in Haldyn Glass' own numbers are debt falling. It is too early to say whether they last. What would change the story: Operating profit margin falling below 11.5% across two consecutive quarters or quarterly revenue contracting below ₹110 Cr, indicating loss of operating leverage. ### Where does this page get Haldyn Glass' management information? From Haldyn Glass' results calls, its filings and public records on governance, each dated on the page. Management’s plans are shown as plans, never as results. ## Lists

- Undervalued stocks: https://www.sectoralpha.in/markets/in/deep-value-stocks

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