SGLTL
Standard Glass share price & financials
- Price
- ₹10.2
- Market cap
- ₹3.8k Cr
- Sector
- Capital Goods
What Standard Glass does
Standard Glass Lining Technology designs, manufactures, installs and commissions glass-lined, stainless-steel and nickel-alloy process equipment - reactors, heat exchangers, storage vessels, filtration and drying systems - for pharmaceutical, chemical and food & beverage manufacturers. It positions itself as an end-to-end, concept-to-commissioning solutions provider rather than a pure equipment fabricator, and earns revenue across three lines of business: reaction systems, storage/separation/drying systems, and plant engineering & services. Growth has come both organically and through acquisitions (S2 Engineering, Stanpumps, C.P.K. Engineers, Yashasve Glass Lining, Higenic Flora Polymers, Scigenics) and technology tie-ups (AGI Group Japan, Atlas Copco, International Process Plants USA) that widened its product range and export markets.
Segments
- Reaction Systems
- Storage, Separation & Drying Systems
- Plant Engineering & Services
- Manufacturing facilities
- 9
- Built-up manufacturing area
- >500,000 sq. ft.
- Sub-products across product categories
- 65
- Cumulative equipment delivered to customers
- 11,000+
- Employees
- 577
- Reactor manufacturing capacity
- 100 units/month
Quarterly results
Q2 FY26: revenue up 10.9%, net profit down 4.8% against the same quarter last year.
| Line item | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 138 | 201 | 142 | 165 | 140 +1% | 166 −17% | 173 +22% | 183 +11% |
| EBITDA | 23 | 32 | 24 | 34 | 26 +13% | 24 −25% | 30 +25% | 29 −15% |
| Net profit | 12 | 24 | 15 | 21 | 16 +33% | 16 −33% | 21 +40% | 20 −5% |
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 −94.9% 1Y
1Y: ₹187.37 on 10 Sept 2025 → ₹9.61. High ₹197.14 (17 Sept 2025), low ₹8.68 (30 Mar 2026).
Financials, as filed
Revenue grew 126.2% a year over 1 year, FY07 to FY25. Operating margin widened to 17.6%.
| Year ending | FY07 | FY25 |
|---|---|---|
| Revenue | ₹271 Cr | ₹613 Cr |
| Operating profit | ₹36 Cr | ₹108 Cr |
| Operating margin | 13.2% | 17.6% |
| Interest | ₹12 Cr | ₹15 Cr |
| Depreciation | ₹9 Cr | ₹11 Cr |
| Net profit | ₹11 Cr | ₹68 Cr |
| Net margin | 3.9% | 11.1% |
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 ending | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Equity capital | ₹15 Cr | ₹16 Cr | ₹18 Cr | ₹199 Cr |
| Reserves | ₹54 Cr | ₹140 Cr | ₹389 Cr | ₹548 Cr |
| Borrowings | ₹70 Cr | ₹82 Cr | ₹129 Cr | ₹137 Cr |
| Other liabilities | ₹159 Cr | ₹110 Cr | ₹129 Cr | ₹269 Cr |
| Total liabilities | ₹298 Cr | ₹348 Cr | ₹665 Cr | ₹1.2k Cr |
| Fixed assets | ₹52 Cr | ₹75 Cr | ₹96 Cr | ₹145 Cr |
| Capital work in progress | ₹1 Cr | ₹3 Cr | ₹4 Cr | ₹10 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹245 Cr | ₹269 Cr | ₹565 Cr | ₹1.0k Cr |
| Total assets | ₹298 Cr | ₹348 Cr | ₹665 Cr | ₹1.2k 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
The ownership split has held steady since Jun 2025. The shareholder count shrank 2% to 14,417.
- Promoters
- 65.8%
- Public
- 34.3%
Since Jun 2025
- Public +0.02 pp
- Promoters 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 65.8%, Public 34.2%.Dec '23: Promoters 65.8%, Public 34.2%.Mar '24: Promoters 65.8%, Public 34.2%.Jun '24: Promoters 65.8%, Public 34.2%.Sep '24: Promoters 65.8%, Public 34.2%.Dec '24: Promoters 65.8%, Public 34.2%.Mar '25: Promoters 65.8%, Public 34.2%.Jun '25: Promoters 65.8%, Public 34.2%.Sep '25: Promoters 65.8%, Public 34.2%.Dec '25: Promoters 65.8%, Public 34.2%.Mar '26: Promoters 65.8%, Public 34.3%.Jun '26: Promoters 65.8%, Public 34.3%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Standard Glass above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Sangeeta Aggarwal | 21.86% | unchanged |
| Vikas Aggarwal | 21.86% | unchanged |
| Vinod Kumar Aggarwal | 11.12% | unchanged |
| Rita Aggarwal | 10.93% | unchanged |
| Heena R Shah | 3.24% | −0.63 pp |
| Viniti Aggarwal | 0.00% | unchanged |
| Payal Aggarwal | 0.00% | unchanged |
| Shyam Tex Exports Limited | 0.00% | unchanged |
| Shyamtex Garments Private Limited | 0.00% | unchanged |
| Virita Securities Private Limited | 0.00% | unchanged |
| STEL Lifestyle LLP | 0.00% | unchanged |
| Target Fashions Limited | 0.00% | 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.
What the price assumes
- Growth the price implies
- -23.0% a year
- for 7 years, fading to 4%
- It has actually compounded at
- Not enough history
- The gap
- —
- between what it did and what it must do
Learn to analyse Standard Glass
Guides on how to read this kind of business and the numbers that matter.