Haldyn Glass
Stock Snapshot
Price Performance
Vista Outlook
Basis of our Recommendation
Haldyn Glass Limited is strategically positioned to enhance its revenue and margins through operational efficiencies and diversification into high-value segments, such as coloured glass for the beer industry. Management's focus on modernization and compliance, alongside a stable leadership structure, supports a robust long-term growth outlook. Despite moderating revenue growth relative to historical performance, the company's profitability is expected to improve as margins expand, driven by better pricing strategies and operational efficiencies. The building materials industry is experiencing favorable conditions, with increasing demand for organized players amid supply chain disruptions, which aligns with Vista's forecast of a 30.86% expected upside and a target price of ₹182.58 over the next 12 months. However, potential headwinds include raw material inflation and geopolitical tensions that could impact supply chains. Over the next 12-24 months, Haldyn Glass should focus on balancing export obligations with domestic demand while navigating these challenges
Why We Like This Stock
- Management's focus on operational efficiency and diversification into high-value segments is expected to enhance margins
- The building materials industry is expanding, providing a favorable backdrop for revenue growth
- Stable leadership and a clear strategic direction support long-term growth initiatives
Things To Watch Out For
- Moderating revenue growth relative to historical performance may limit short-term upside
- Raw material inflation poses a risk to margin expansion
- Geopolitical tensions could disrupt supply chains and impact operational stability
Key Parameters
Financial Snapshot
View Technicals Analysis →| Actuals | Forecast | ||||
|---|---|---|---|---|---|
| FY24 | FY25 | FY26 | FY27 | FY28 | |
| Revenue (Cr.) | 299 | 382 | 464 | 497 | 554 |
| Profit Before Tax (Cr.) | 24 | 23 | 33 | 42 | 45 |
| PBT Margin | 8.1% | 5.9% | 7.2% | 8.4% | 8.1% |
| Net Profit (Cr.) | 27 | 22 | 30 | 38 | 41 |
| Earnings Per Share | 4.9 | 4.2 | 5.7 | 7.1 | 7.6 |
Analyst Recommendations
No analyst recommendations available.
Company Overview
Show Company Profile
Haldyn Glass Limited engages in the manufacture and sale of glass bottles in India and internationally. The company offers liquor bottles, such as flint glass bottles; and food and beverage products, including food bottles, amber glass bottles, and green glass bottles. It also provides pharmaceutical glass containers for storage and preservation of medicines and healthcare products; and cosmetic and toiletry glass containers. The company was formerly known as Haldyn Glass Gujarat Limited and changed its name to Haldyn Glass Limited in November 2011. The company was incorporated in 1991 and is based in Mumbai, India. Haldyn Glass Limited operates as a subsidiary of Haldyn Corporation Ltd.