Sejal Glass Q1 results (Image source: iStockphoto)
Sejal glass Limited, an architectural glass manufacturing company, has announced impressive financial results for the first quarter of fiscal year 2025. The company’s total revenue increased to Rs 53.07 crore, a significant year-on-year growth of 94.23%. EBITDA for the quarter stood at Rs 7.33 crore, up 99.07% year-on-year, with EBITDA margin improving to 13.81%.
Net profit after tax (PAT) soared to Rs 1.40 crore, reflecting a remarkable year-on-year increase of 9,350.68%. PAT margin grew to 2.64%, up 258 basis points, while earnings per share (EPS) soared 13,600.00% to Rs 1.37.
Amrut Gada, Promoter, Sejal Glass Limited, expressed his enthusiasm over the company’s performance and attributed the success to strategic investments in technology and infrastructure. Gada highlighted the company’s commitment to growth and innovation, positioning itself as a leading glass solutions provider.
In a notable strategic move, Sejal Glass invested AED 15,000,000 to acquire a 99.01% stake in M/s. Sejal Glass & Glass Manufacturing Products LLC, which became a subsidiary on May 19, 2023. This acquisition, however, impacts the comparability of consolidated figures with the prior-year quarter.
The company also faced a temporary production halt at its Dadra Village plant due to an illegal strike from May 31 to June 5, 2024. Production resumed on June 6 and with strong demand and operations back on track, Sejal Glass anticipates a positive outlook for the remainder of the fiscal year.
On Friday, Sejal Glass shares closed at Rs 321.50. The stock’s 52-week high and low are Rs 414 and Rs 211.35 respectively. According to BSE analytics, the stock has generated a massive return of 39.81 per cent in the last one year.
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