Haldyn Glass Ltd

Haldyn Glass Ltd (515147)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return1.7 %
3 Month Return61.51 %
1 Year Return59.78 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 177
Rank 238
Rank 310
Dividend Yield
Rank 50
Rank 382
Price To Book Ratio
Rank 167
Debt To Asset
Rank 462

Company Information

Haldyn Glass Gujarat HGGL an associate company of Haldyn Glass is a major player in the glass container industry. HGGL incorporated in April 1991 as a public company has its plant in Gujarat to produce clear glass containers with an furnace capacity of 160 tpd. The companys locational advantage gives it an competitive edge with substantial savings in freight cost of raw material and natural gas. This is locational advantage comes by its plants proximity to the mines in Gujarat and Rajasthan and gasfields of ONGCHGGL began in 1995 with commencing of commercial production in its new 130 tpd new grassroot plant. Once this new plant is operational the Group associate company HGL discontinued the manufacture of amber glass bottles at its plant in Goregaon Bombay.HGGL has been handed over the established customer base of HGL the promoter company. Its customer base includes major pharmaceutical and brewery companies like Glaxo India Burroughs Welcome ParkeDavis Raptakos Brett Cipla Associated Breweries and Distilleries Mysore Breweries etc.HGGL is already catering to other market segments of the Glass Industry like Cosmetics Ink and Stationery Bottles which will expand its Sales in thse Segments.Company is actively considering establishment of plant for decorative of Glass Bottles at the Gavasad factory. The proposed plant will increase the scope of White Glass Market. Company also planning to convert one I.S Machine from Double Gob to Triple Gob which will increase in production.During 199899 HGGL received ISO 9002 certification. As the company could not raise funds for Captive Power Plant projectit could not able to commission the same on time.
OrganisationHaldyn Glass Ltd
IndustryGlass & Glass Products