Sejal Glass Limited
NSE: SEJALLTD · Industrial Products · sector
₹883.80NSE close 2026-10-26
Key numbers
Market cap₹1,008 cr
Price₹883.80
52w high / low₹1,037 / ₹381
P/E26.3xSector median 24.2x
P/B5.8xSector median 2.8x
Book value₹152.1
Dividend yield–Sector median 0.50%
ROE33.0%Sector median 11.5%
ROCE18.8%Sector median 13.4%
OPM15.5%Sector median 10.3%
Debt / equity0.89xSector median 0.17x
EV/EBITDA15.2xSector median 16.7x
Interest cover2.9x
Current ratio1.49x
Sales growth 3y+104.4%Sector median +10.2%
Profit growth 3y+54.1%Sector median +12.8%
PEG0.50x
Last 12 months to Sep 2026, Consolidated. "Sector median" = middle value of 152 companies in Industrial Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹15 cr vs borrowings ₹149 cr (FY26): borrowings are higher by ₹134 cr.
- Operating profit covered interest 2.9x in the last 12 months.
- 0.15% of the promoters' shares are pledged (0.1% of all shares).
- Promoter holding fell by 5.92 percentage points in a year, to 69.08% (2026-09-30).
- Operating cash flow was below net profit in 4 of the last 5 years (FY25, FY24, FY23, FY22).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 17% of net profit in the last 12 months.
- Debtor days went from 152 (FY24) to 122 (FY26).
- No dividend in the last 5 financial years.
- Price ₹883.80 on 2026-10-26: -14.7% from the 52-week high, +132.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹987.35 · low ₹319.80
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 62 | 68 | 77 | 104 | 101 | 115 | 118 | 138 |
| EBITDA | 9 | 10 | 12 | 17 | 15 | 18 | 17 | 24 |
| OPM % | 14.7% | 14.1% | 15.4% | 16.2% | 14.5% | 15.9% | 14.0% | 17.3% |
| Other income | 0 | 0 | 1 | 1 | 1 | 2 | 1 | 2 |
| Net profit | 3 | 4 | 4 | 8 | 5 | 11 | 7 | 14 |
| EPS (₹) | 3.34 | 3.75 | 4.33 | 7.95 | 4.86 | 9.94 | 6.27 | 12.53 |
| Revenue YoY | +63.6% | +69.5% | +52.9% | +32.8% | ||||
| Profit YoY | +47.4% | +198.9% | +63.4% | +77.8% |
Consolidated figures where filed. Latest quarter Sep 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 24 | 46 | 164 | 244 | 396 | 471 |
| EBITDA | 149 | 3 | 20 | 34 | 61 | 73 |
| Net profit | 147 | 8 | 3 | 11 | 29 | 38 |
| EPS (₹) | 126.24 | 7.77 | 3.27 | 10.85 | 27.42 | 33.60 |
| Revenue growth | +90.8% | +252.8% | +48.7% | +62.8% | +51.9% | |
| Profit growth | -94.7% | -57.6% | +229.1% | +162.2% | +92.7% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +104.4% | – | +51.9% |
| Net profit | +54.1% | – | +92.7% |
| EPS | +52.2% | – | – |
| Share price | – | +27.2% (2y) | -1.6% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 14 | 29 | 38 | 151 |
| Borrowings | – | 31 | 140 | 158 | 149 |
| Cash & equivalents | – | 2 | 3 | 7 | 15 |
| Total assets | – | 51 | 230 | 285 | 470 |
| Fixed assets | – | 20 | 90 | 92 | 136 |
| Capital work in progress | – | 0 | 5 | 3 | 9 |
| Investments | – | 3 | 6 | 3 | 32 |
| Receivables | – | 10 | 68 | 101 | 133 |
| Inventory | – | 3 | 17 | 22 | 42 |
| Payables | – | 2 | 29 | 50 | 69 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -6 | -2 | -9 | -6 | 56 |
| Cash from investing | -2 | 7 | -41 | -0 | -96 |
| Cash from financing | 4 | -4 | 49 | 9 | 47 |
| Capex | 0 | 0 | 0 | 8 | 68 |
| Free cash flow | -6 | -2 | -9 | -14 | -12 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 56.1% | 11.4% | 28.8% | 19.0% |
| ROCE % | – | 4.5% | 9.3% | 14.2% | 17.0% |
| Debtor days | – | 81 | 152 | 152 | 122 |
| Inventory days | – | 36 | 58 | 55 | 66 |
| Payable days | – | 29 | 101 | 123 | 109 |
| Cash conversion cycle (days) | – | 88 | 109 | 84 | 79 |
| Working capital days | – | -95 | 76 | 55 | 56 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 69.08% |
| FIIs | 0.20% |
| DIIs | 4.39% |
| Public (non-institutions) | 26.34% |
| Quarter | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 75.00% | 75.00% | 75.00% | 69.96% | 69.96% | 69.96% | 69.96% | 69.08% |
| Promoter group | % |
|---|---|
| Trushti Enterprises LLP | 28.51% |
| Chandrakant Vallabhaji Gogri | 24.56% |
| Jaya Chandrakant Gogri | 14.47% |
| Vedant Dhirraj Gada | 1.10% |
| Sezal Realty and Infrastructure Limited | 0.10% |
| Amrrut Shavjjibhai Gada | 0.04% |
| Dhiraj Shivji Gada | 0.03% |
| Bhavna Amrutlal Gada | 0.03% |
| Gada Shantilal | 0.03% |
| Mitesh Kanji Gada | 0.03% |
| Sezal Glass Craft Private Limited | 0.03% |
| Kanchanben Shantilal Gada | 0.02% |
| Preeti Mitesh Gada | 0.02% |
| Anju Dhiraj Gada | 0.02% |
| Aruna Ashish Karia | 0.01% |
| Public holders above 1% | % |
|---|---|
| Abakkus Growth Fund-2 | 4.39% |
| Vijit Global Securities Private Limited | 1.80% |
| Vinod Hardattarai Biyani | 1.75% |
| Nitin Siddamsetty | 1.31% |
| Nabs Vriddhii LLP | 1.29% |
7,118 shareholders. Pledged: 0.15% of promoter shares.
Peers in Industrial Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| INDOMIM | ₹52,085 cr | – | – | – | – | – | – | – |
| CPPLUS | ₹45,577 cr | 94.7x | 24.3x | 25.5% | 33.3% | 14.5% | – | 0.04% |
| SYRMA | ₹28,803 cr | 77.7x | 10.1x | 17.4% | 17.6% | 11.1% | +33.0% | 0.10% |
| HONAUT | ₹27,500 cr | 50.1x | 6.2x | 13.0% | 16.9% | 13.3% | +10.7% | 0.34% |
| KAYNES | ₹22,167 cr | 64.0x | 4.7x | 9.1% | 11.1% | 15.5% | +47.7% | – |
| JYOTICNC | ₹20,523 cr | 63.8x | 10.3x | 17.4% | 18.5% | 24.4% | – | – |
| LMW | ₹17,267 cr | 84.2x | 5.7x | 7.0% | 9.3% | 7.1% | -12.1% | 0.19% |
| TEGA | ₹12,752 cr | 447.9x | 3.7x | 0.9% | 4.5% | 7.5% | +11.7% | 0.11% |
| LLOYDSENGG | ₹12,248 cr | 48.1x | 7.3x | 14.1% | 15.1% | 14.2% | +60.9% | 0.27% |
| SEJALLTD | ₹1,008 cr | 26.3x | 5.8x | 33.0% | 18.8% | 15.5% | +104.4% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-07-12 | Other | Annual General Meeting |
| 2023-09-22 | Other | Annual General Meeting |
| 2022-06-22 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Industrials |
| Industry | Industrial Products |
| Sub-industry | Glass - Industrial |
| Symbol | SEJALLTD |
| BSE code | 532993 |
| ISIN | INE955I01044 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.