Glass Wall Systems (india)
- Market cap
- ₹ 1,890 Cr.
- P/E
- 23x
- P/B
- 7.4x
- 52-week range
- 185.2 – 317.9
- ROE
- 27%
- ROCE
- 37%
- Debt / equity
- 0.03
- Sector
- Other Construction Materials
- Industry
- Other Construction Materials
- Listed on
- NSE, BSE
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Other Construction Materials: 28 companies →Glass Wall Systems (india) against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)23 against a typical 34.7: cheaper than most peers (1st = cheapest).12th of 28
- Size₹ 1,889.7 Cr. market value against a typical ₹ 67.4 Cr. (1st = largest).2nd of 25
Latest announcements
Exchange filings and their impact on the company.
- Won two domestic facade orders worth up to Rs 100cr for execution over 24 months.
Glass Wall Systems received two Regular Letters of Intent on October 14, 2026 from a domestic customer for facade design, engineering, manufacturing and installation in India. Regular orders are defined as up to Rs 50 crore each excluding taxes, implying up to Rs 100 crore combined, to be executed over 24 months. The win adds meaningful near-term revenue visibility at around 6-12% of last year's Rs 430 crore sales.
- 13 Oct 2026Analysts/Institutional Investor Meet/Con. Call UpdatesHigh impactPositivePrice −1% on 14 OctStrong 2.3x order book underpins guided 25% growth with stable 23-25% margins.
Glass Wall Systems held its first earnings call for Q1 FY27, reporting revenue of Rs 107 crores, up 36% year-on-year, with EBITDA of Rs 23 crores at 21.3% margin and PAT of Rs 17 crores. Management guided for about 25% revenue growth in FY27 with 23-25% EBITDA and 18-20% PAT margins, backed by an unexecuted order book of Rs 982 crores as of 31 July. The Rs 80 crores in-house glass processing unit is under construction and expected to commission in about 8 months, aiding margins by 1-1.5%.
- Q1 revenue jumped 36% YoY to Rs 107 cr but profit slipped 8% on higher costs, while Rs 60 cr IPO fresh issue strengthened the balance sheet.
Glass Wall Systems reported Q1 FY27 consolidated revenue of Rs 107.4 crore, up about 36% from Rs 79.1 crore a year ago, while net profit fell to Rs 17.3 crore from Rs 18.7 crore on higher employee and other expenses. The board also noted completion of its IPO in September 2026, comprising a Rs 60 crore fresh issue at Rs 182 per share plus a Rs 367.9 crore offer for sale, and incorporation of a new wholly owned subsidiary on 8 July 2026. The strong topline momentum plus fresh equity supports growth over the next year, though margins will remain under pressure and the Rs 33.2 crore MVAT/CST dispute now before the Bombay High Court bears watching.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | — | Stable | 25 Sep 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 25 Sep 2026 | Rating action | — | — | CRISIL | ₹ 95.25 Cr. |
Fund raises
QIPs, preferential issues, warrants and rights issues, one row per filing, newest first. Open a row for details. All fund raise updates
| Stage | Details | |||||
|---|---|---|---|---|---|---|
| 6 Oct 2026 | IPO | Allotted | ₹ 60 Cr. | ₹ 182 | +18.35% |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 6 Oct 2026 | Financial Results | Glass Wall Systems (India) Ltd has informed that the meeting of the Board of Directors of the Company is scheduled on 06/10/2026 ,inter alia, to consider and approve the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Jun 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|
| Sales | 76 | 109 | 101 |
| Expenses | 55 | 88 | 80 |
| Operating Profit | 21 | 21 | 21 |
| OPM % | 28% | 20% | 21% |
| Other Income | 5 | 4 | 2 |
| Interest | 0 | 1 | 1 |
| Depreciation | 1 | 2 | 1 |
| Profit before tax | 25 | 23 | 21 |
| Tax % | 24% | 26% | 26% |
| Net Profit | 19 | 17 | 16 |
| EPS in Rs | 2.47 | 2.03 | 1.89 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 21%
- TTM
- 76%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 66%
- TTM
- 74%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 27%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Prices are delayed and for information only. Nothing on this page is investment advice.