Haldyn Glass Key Ratios
NSE: GARWARSHIP | BSE: 515147
₹147.70
As on 04-Sep-2026 15:50IST
Market cap
₹787 Cr
Revenue (TTM)
₹487 Cr
P/E Ratio
26.6
P/B Ratio
3.2
Div. Yield
0.5 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 28.13 | 20.58 | 18.93 | 15.53 | 20.05 |
| EBIT | 64.20 | 60.69 | 34.25 | 12.31 | 18.84 |
| Net Profit | 40.37 | 90.10 | 63.10 | 1.87 | 19.69 |
| EPS | 40.37 | 90.13 | 55.13 | 0.19 | 18.50 |
| Book Value | -- | -- | 8.76 | 9.81 | 10.21 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 6.08 | 6.08 | 7.71 | 6.89 | 6.80 |
| Net Margin
| 4.35 | 6.29 | 4.89 | 5.23 | 4.83 |
| Return on equity
| 8.03 | 11.48 | 13.67 | 11.02 | 9.07 |
| Return on Capital
| 11.58 | 13.82 | -- | 13.27 | 11.75 |
| Return on Assets
| 3.86 | 6.69 | 4.90 | 5.00 | 4.01 |
| Debt to Equity (x)
| -- | -- | 0.27 | 0.48 | 0.59 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Haldyn Glass
|
--
|
13.27
|
11.75
|
15.93
|
18.26
|
|
Peer Median
|
--
|
18.06
|
13.58
|
12.80
|
--
|
ROE
13.67
Lower than Peers by 0.07
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Haldyn Glass
|
13.67
|
11.02
|
9.07
|
13.05
|
16.30
|
|
Peer Median
|
13.74
|
15.27
|
10.48
|
10.34
|
--
|
ROA
4.90
Lower than Peers by 3.12
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Haldyn Glass
|
4.90
|
5.00
|
4.01
|
6.84
|
11.47
|
|
Peer Median
|
8.02
|
9.14
|
4.94
|
5.85
|
--
|
EBIT Margin
7.71
Lower than Peers by 2.72
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Haldyn Glass
|
7.71
|
6.89
|
6.80
|
5.09
|
7.32
|
|
Peer Median
|
10.43
|
11.80
|
11.27
|
9.74
|
--
|
Net Margin
4.89
Lower than Peers by 2.42
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Haldyn Glass
|
4.89
|
5.23
|
4.83
|
7.65
|
8.30
|
|
Peer Median
|
7.31
|
8.20
|
5.28
|
5.21
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Haldyn Glass
|
--
|
11.91
|
12.47
|
14.51
|
10.77
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
18.93
Higher than Peers by 11.49
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Haldyn Glass
|
18.93
|
21.51
|
27.72
|
-6.61
|
50.37
|
|
Peer Median
|
7.44
|
15.51
|
9.17
|
6.01
|
--
|
EBIT Growth
34.25
Higher than Peers by 19.34
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Haldyn Glass
|
34.25
|
23.19
|
70.49
|
-35.02
|
158.12
|
|
Peer Median
|
14.91
|
15.82
|
29.28
|
20.13
|
--
|
Net Profit Growth
63.10
Higher than Peers by 42.27
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Haldyn Glass
|
63.10
|
31.69
|
-23.42
|
-8.73
|
127.64
|
|
Peer Median
|
20.83
|
21.29
|
75.02
|
1.03
|
--
|
EPS Growth
55.13
Higher than Peers by 39.97
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Haldyn Glass
|
55.13
|
31.69
|
-23.42
|
-8.73
|
127.64
|
|
Peer Median
|
15.16
|
5.16
|
34.85
|
28.57
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Haldyn Glass
|
--
|
8.76
|
7.92
|
12.81
|
15.30
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.27
Higher than Peers by 0.14
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Haldyn Glass
|
0.27
|
0.48
|
0.59
|
0.60
|
0.24
|
|
Peer Median
|
0.13
|
0.26
|
0.34
|
0.39
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Haldyn Glass
|
--
|
0.12
|
0.16
|
0.23
|
0.09
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.01
Lower than Peers by 0.49
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Haldyn Glass
|
1.01
|
1.01
|
1.09
|
0.96
|
1.88
|
|
Peer Median
|
1.50
|
1.56
|
1.55
|
1.66
|
--
|
Quick Ratio
0.62
Lower than Peers by 0.37
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Haldyn Glass
|
0.62
|
0.62
|
0.64
|
0.68
|
1.54
|
|
Peer Median
|
0.99
|
0.89
|
1.17
|
1.09
|
--
|
Interest Coverage
3.60
Lower than Peers by 1.65
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Haldyn Glass
|
3.60
|
3.24
|
2.43
|
4.08
|
18.10
|
|
Peer Median
|
5.25
|
6.04
|
3.32
|
4.98
|
--
|
Operating Efficiency
Debtors to sales
14.95
Lower than Peers by 6.73
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Haldyn Glass
|
14.95
|
15.71
|
17.27
|
21.44
|
18.52
|
|
Peer Median
|
21.67
|
22.54
|
16.60
|
17.75
|
--
|
Asset Turnover
0.98
Higher than Peers by 0.09
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Haldyn Glass
|
0.98
|
0.94
|
0.81
|
0.83
|
1.36
|
|
Peer Median
|
0.90
|
1.13
|
0.89
|
0.79
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Haldyn Glass
|
--
|
54.62
|
62.15
|
75.32
|
64.12
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Haldyn Glass
|
--
|
55.02
|
55.12
|
38.77
|
29.58
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Haldyn Glass
|
--
|
150.23
|
192.40
|
181.33
|
77.88
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Haldyn Glass
|
--
|
-40.59
|
-75.12
|
-67.24
|
15.82
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
26.55
Higher than Peers by 7.57
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Haldyn Glass
|
26.55
|
15.61
|
25.20
|
32.29
|
12.54
|
|
Peer Median
|
18.99
|
18.99
|
20.87
|
33.94
|
--
|
Price / Book Value
3.23
Higher than Peers by 1.02
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Haldyn Glass
|
3.23
|
1.65
|
2.20
|
3.98
|
1.91
|
|
Peer Median
|
2.21
|
2.21
|
3.03
|
3.30
|
--
|
Dividend Yield
0.48
Lower than Peers by 0.32
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Haldyn Glass
|
0.48
|
0.97
|
0.79
|
0.47
|
1.11
|
|
Peer Median
|
0.80
|
0.80
|
0.81
|
0.60
|
--
|
EV/EBITDA
11.46
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Haldyn Glass
|
11.46
|
6.77
|
9.43
|
16.00
|
10.03
|
|
Peer Median
|
--
|
13.21
|
21.20
|
20.41
|
--
|
Market Cap
787
Lower than Peers by 7,139
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Haldyn Glass
|
787
|
387
|
474
|
793
|
338
|
|
Peer Median
|
7,926
|
6,144
|
5,606
|
6,667
|
--
|