GLOSTERLTD

Gloster financials

Market cap
₹640 Cr
Sector
Forest Materials

What Gloster Ltd does

Gloster Limited manufactures jute and allied natural-fibre products at its integrated mills on a 175-acre campus at Bauria, Howrah, West Bengal, including hessian, sacking and double-warp cloth/bags, tarpaulin and canvas cloth, yarn, geo-textiles, agro-textiles, and specialty/lifestyle jute goods. It sells to domestic customers, including the Indian government and downstream brand companies, as well as export markets across the USA, UK, Germany, Netherlands, Australia, Japan, Canada, New Zealand and Spain. Wholly-owned subsidiary Gloster Nuvo Limited has set up a further integrated jute mill at the same Bauria site (commercial production since 30th March 2024) to add diversified jute-product capacity alongside the parent's own production.

Segments

  • Standard jute products
  • Technical & agro-textiles
  • Lifestyle & specialty products
Consolidated jute production capacity
78,000 MTPA
FY25 jute production volume
49,104 metric tonnes
Manufacturing campus
175-acre integrated site at Bauria, Howrah, West Bengal
New integrated jute mill (Gloster Nuvo)
92 MT/day capacity; commercial production since Mar-2024, running at ~65% utilisation
Export markets
USA, UK, Germany, Netherlands, Australia, Japan, Canada, New Zealand, Spain
Wholly owned subsidiaries
5 (Fort Gloster Industries, Gloster Nuvo, Network Industries, Gloster Lifestyle, Gloster Specialities)
Founded 1923Headquarters Kolkata, West Bengal, India Company website

Quarterly results

Q1 FY27: revenue up 39.8%, net profit down 178.0% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue143 178 278 306 360 +152%383 +115%378 +36%427 +40%
EBITDA11 15 14 30 40 +255%37 +146%41 +182%37 +24%
Net profit-3 1 -2 3 8 +325%-1 −189%8 +454%-2 −178%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −11.5% 1Y

₹500₹600₹700Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹659 on 10 Sept 2025 → ₹583.1. High ₹749.45 (2 Jul 2026), low ₹501.35 (23 Mar 2026).

Financials, as filed

Revenue grew 26.2% a year over 3 years, FY23 to FY26. Operating margin narrowed to 10.3%.

Year endingFY23FY24FY25FY26
Revenue₹710 Cr₹646 Cr₹735 Cr₹1.4k Cr
Operating profit₹83 Cr₹65 Cr₹46 Cr₹147 Cr
Operating margin11.7%10.0%6.3%10.3%
Interest₹2 Cr₹3 Cr₹24 Cr₹72 Cr
Depreciation₹36 Cr₹38 Cr₹50 Cr₹61 Cr
Net profit₹54 Cr₹24 Cr₹-13 Cr₹18 Cr
Net margin7.7%3.8%-1.8%1.3%
Cash from operations₹67 Cr₹38 Cr₹-99 Cr₹-142 Cr
Free cash flow₹-84 Cr₹-106 Cr₹-327 Cr₹-275 Cr
ROCE7.0%3.0%2.0%6.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹5 Cr₹5 Cr₹11 Cr₹11 Cr₹11 Cr₹11 Cr
Reserves₹989 Cr₹1.1k Cr₹1.1k Cr₹1.1k Cr₹1.1k Cr₹1.1k Cr
Borrowings₹24 Cr₹10 Cr₹73 Cr₹194 Cr₹753 Cr₹959 Cr
Other liabilities₹131 Cr₹159 Cr₹151 Cr₹166 Cr₹371 Cr₹462 Cr
Total liabilities₹1.1k Cr₹1.2k Cr₹1.3k Cr₹1.5k Cr₹2.2k Cr₹2.5k Cr
Fixed assets₹709 Cr₹709 Cr₹691 Cr₹893 Cr₹1.2k Cr₹1.3k Cr
Capital work in progress₹17 Cr₹60 Cr₹202 Cr₹118 Cr₹99 Cr₹63 Cr
Investments₹112 Cr₹130 Cr₹139 Cr₹142 Cr₹116 Cr₹114 Cr
Other assets₹311 Cr₹341 Cr₹272 Cr₹317 Cr₹835 Cr₹1.1k Cr
Total assets₹1.1k Cr₹1.2k Cr₹1.3k Cr₹1.5k Cr₹2.2k Cr₹2.5k Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, DIIs trimmed −0.53 pp while the public added +0.49 pp. The shareholder count shrank 8% to 8,159.

Promoters
72.7%
DIIs
14.1%
Public
13.2%

Since Jun 2025

  • DIIs −0.53 pp
  • Public +0.49 pp
  • Promoters +0.05 pp

How it drifted, 12 quarters

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 72.6%, DIIs 14.7%, Public 12.7%.Dec '23: Promoters 72.6%, DIIs 14.6%, Public 12.8%.Mar '24: Promoters 72.6%, DIIs 14.6%, Public 12.8%.Jun '24: Promoters 72.6%, DIIs 14.6%, Public 12.8%.Sep '24: Promoters 72.6%, DIIs 14.6%, Public 12.8%.Dec '24: Promoters 72.6%, DIIs 14.6%, Public 12.8%.Mar '25: Promoters 72.6%, DIIs 14.6%, Public 12.8%.Jun '25: Promoters 72.6%, DIIs 14.6%, Public 12.8%.Sep '25: Promoters 72.6%, DIIs 14.6%, Public 12.8%.Dec '25: Promoters 72.6%, DIIs 14.5%, Public 12.9%.Mar '26: Promoters 72.7%, DIIs 14.4%, Public 13.0%.Jun '26: Promoters 72.7%, DIIs 14.1%, Public 13.2%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

Every holder of Gloster Ltd above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Vinita Bangur 19.85%unchanged
LICI Asm Non Par Insurer12.12%−0.28 pp
The Oriental Company Limited 11.09%unchanged
Madhav Trading Corporation Limited 10.84%unchanged
Hemant Bangur 6.87%unchanged
The Cambay Investment Corporation Limited 4.88%unchanged
Hemant Kumar Bangur (Huf) 4.77%unchanged
Gopal Das Bangur (Huf) 4.10%unchanged
Credwyn Holdings India Private Limited 3.81%unchanged
Vinita Bangur (Trustee Of Pranov Bangur Benefit Trust) 2.76%unchanged
Hemant Bangur (Trustee Of Purushottam Dass Bangur Family Trust) 1.79%unchanged
The Oriental Insurance Company Limited Insurer1.52%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

Learn to analyse Gloster Ltd

Guides on how to read this kind of business and the numbers that matter.