Haldyn Glass Share Price

Haldyn Glass Limited, with its corporate operations in Mumbai, functions as a glass container manufacturing company in India. The company was incorporated in 1991 and was formerly known as Haldyn Glass Gujarat Limited before changing its name to Haldyn Glass Limited in December 2011. Haldyn Glass produces soda lime flint and amber glass bottles and containers for the food and beverages, cosmetics, pharmaceutical, liquor, and beer industries. The company also manufactures glass vials of various shapes and sizes for packaging injectables, eye drops, ear drops, and other lifesaving drugs for the pharmaceutical industry. Haldyn Glass operates a manufacturing facility in Gujarat with furnace capacity and has a wholly-owned subsidiary, Haldyn-Heinz Fine Glass Pvt. Ltd., in which the company holds a majority stake.

Haldyn Glass share price on NSE and BSE signifies how market participants react to the company’s operational performance and the overall developments in the glass packaging sector. The company’s financial health depends on production volumes of glass containers, raw material costs including soda ash and silica, furnace capacity utilization rates, demand from pharmaceutical and beverage customers, and the performance of its flint and amber glass segments. Haldyn Glass stock price is influenced by various factors such as earnings, regulatory changes in the pharmaceutical packaging industry, energy costs particularly natural gas prices, and competition from larger industry players. In the longer run, strategies such as furnace modernization, capacity expansion, and diversification into decorative glass products affect the stock market sentiments. All these factors need to be monitored closely to have an idea about the company’s stock price movements.

Haldyn Glass live share price provides real-time information about the last price traded, bid and ask prices, and volume traded. These indicators represent market activity and liquidity, reflecting investor response to corporate announcements, economic conditions, and sector news. Constant monitoring of the Haldyn Glass live price helps in observing short term price volatility and shows how a stock moves relative to the broader packaging index. Furthermore, monitoring Haldyn Glass stock price movements helps investors understand real-time market sentiment, price fluctuations, and trading behaviour. It allows them to evaluate short-term performance, and respond to news, quarterly results, or sector trends that may influence the company’s valuation and overall investment outlook.

Haldyn Glass Limited Company Fundamentals

a. Company Background

Haldyn Glass Limited was initially incorporated as Haldyn Glass Gujarat Limited on April 25, 1991, and subsequently changed its name to Haldyn Glass Limited on December 12, 2011. The company is promoted by Haldyn Corporation Limited, the parent company, which holds a significant stake in HGL . The company operates a manufacturing plant in Gujarat to produce clear glass containers with a furnace capacity of 160 tonnes per day . The company’s locational advantage gives it a competitive edge with substantial savings in freight cost of raw material and natural gas, coming from the plant’s proximity to mines in Gujarat and Rajasthan and the gas fields of ONGC . The company is engaged in the business of manufacturing quality glass bottles and containers for various segments of industry, mainly alcoholic and non-alcoholic beverages, food, personal care and homecare . Haldyn Glass began commercial production in 1995 in its new 130 TPD grass-root plant . The company’s customer base includes major pharmaceutical and brewery companies . Haldyn Glass has received ISO 9002 certification . The company’s joint venture company, Haldyn-Heinz Fine Glass Pvt. Ltd., commissioned its decoration plant in March 2018, and during FY 2021-22, the company acquired additional shares in HHFGPL, increasing its shareholding from 50% to 55.59%, making HHFGPL a subsidiary . In FY 2024, the company completed the relining and expansion of one of its furnaces and modernised the other furnace with state-of-the-art inspection and packaging technology . Financial performance is assessed through standard metrics such as revenue growth, operating margins, and capacity utilisation. Market valuation indicators such as the P/E ratio are used by analysts for comparative assessment within the glass packaging manufacturing sector. Overall fundamentals are influenced by raw material availability, demand cycles in the pharmaceutical and beverage industries, and input cost fluctuations.

b. Company Product Lines

• Soda lime flint glass containers (clear glass) for the liquor manufacturing industry, cosmetics industry, and food and beverages industry

• Amber glass containers for the pharmaceutical industry requiring light-sensitive properties

• Glass vials of various shapes and sizes for packaging injectables, eye drops, ear drops, and other lifesaving drugs for the pharmaceutical industry

• Clear bottles for packaging in the liquor manufacturing industry, cosmetics industry, and food and beverages industry

• Glass containers for alcoholic and non-alcoholic beverages, food, personal care and homecare products

• The product portfolio is structured to serve both domestic demand and select international markets, catering primarily to pharmaceutical and beverage customers

c. Company Revenue Model

• Domestic sales of glass containers to pharmaceutical companies, breweries, distilleries, cosmetics manufacturers, and food and beverage companies across India

• Export sales to international customers in select global markets

• Revenue from subsidiary Haldyn-Heinz Fine Glass Pvt. Ltd., which contributed to consolidated income following the acquisition of majority stake

• Revenue from the company’s single business segment of manufacturing glass containers and bottles

• Revenue performance is primarily influenced by demand for glass packaging products, raw material costs, furnace efficiency and capacity utilization, and selling price realizations in domestic and export markets

d. Geographic Presence

• Corporate headquarters located in Mumbai, Maharashtra, India

• Manufacturing facility located in Gujarat, India, producing clear glass containers with a furnace capacity of 160 TPD

• Domestic distribution network across India serving pharmaceutical companies, breweries, distilleries, and cosmetics manufacturers

• Export markets served through international distribution channels, with the company generating a portion of its revenue from overseas sales

• The company’s locational advantage includes proximity to mines in Gujarat and Rajasthan and gas fields of ONGC, providing freight cost savings

e. Key Milestones

• 1991: Incorporation as Haldyn Glass Gujarat Limited on April 25

• 1995: Commencement of commercial production in the new 130 TPD grass-root plant

• 1998-99: Received ISO 9002 certification

• 2011: Name changed from Haldyn Glass Gujarat Limited to Haldyn Glass Limited on December 12

• 2018: Joint venture company Haldyn-Heinz Fine Glass Pvt. Ltd. commissioned its decoration plant in March

• 2021-22: Acquired additional shares in HHFGPL, increasing shareholding from 50% to 55.59%, making it a subsidiary

• 2024: Completed relining and expansion of one furnace and modernised the other furnace with state-of-the-art inspection and packaging technology

f. Industry Perspective

The glass container manufacturing industry is capital-intensive and closely linked to demand from the pharmaceutical, alcoholic beverages, food and beverages, and cosmetics sectors. Demand trends are influenced by economic activity, consumption levels, regulatory requirements for pharmaceutical packaging, and growth in the organized beverage industry. The Indian container glass market is characterized by competition from larger, more efficient players with significant economies of scale . Companies with smaller production capacities face challenges in achieving low per-unit production costs, which define success in this capital-intensive industry . The industry is also affected by fluctuations in raw material prices such as soda ash and silica, along with energy costs, particularly natural gas which is essential for running glass furnaces . Environmental regulations and sustainability requirements are increasingly shaping production practices and capital investment decisions. Companies in the sector must manage cyclical demand patterns and cost volatility while maintaining operational efficiency and furnace utilization. These factors collectively influence financial performance and investor perception of firms like Haldyn Glass.

Haldyn Glass Limited Stock Market Presence: Listings & Index Representation

Haldyn Glass Limited is listed on the National Stock Exchange (NSE) under the symbol HALDYNGL and on the Bombay Stock Exchange (BSE) with the scrip code 515147. Haldyn Glass share price is actively traded on both exchanges. The company’s market presence is within the small-cap segment of the market, with the company being classified as a microcap entity in some sources . Due to its size and sector focus, Haldyn Glass stock price is generally tracked by investors interested in the glass packaging and industrial products industry.

Haldyn Glass Limited is part of several broad-based and sector-specific stock market indices, reflecting its position as a small-cap packaging company in India. While it is not included in benchmark indices like the Sensex or Nifty 50, it is a constituent of wider market indices that track small-cap and packaging sector companies. Haldyn Glass share price finds representation in these indices based on its market standing. This presence helps investors track the stock relative to other glass container and packaging companies.

Haldyn Glass Limited Stock Performance and Share Price History

Haldyn Glass share price on NSE reflects its status as a glass container manufacturer in India serving the pharmaceutical and beverage industries. Performance is driven by furnace capacity utilization, raw material cost management, demand from pharmaceutical and beverage customers, and the company’s ability to manage operational expenses. Investors compare Haldyn Glass share price today with other glass packaging manufacturers and industrial companies to gauge relative performance.

These underlying factors are often visible through real market movements across different periods. Similar trends are observed during earnings-driven movements. Broader sector strength has also played a role in supporting Haldyn Glass share price. In addition to operational and sector-led factors, corporate actions such as the company’s furnace expansion and modernization projects can also have a significant impact on Haldyn Glass share price movements as these initiatives enhance production capacity and operational efficiency. This shows how strategic capacity enhancement can trigger short-term swings, even within a regulated glass packaging framework influenced by raw material price cycles and industry demand.

While short-term movements reflect events and announcements, longer-term valuation trends are visible through Haldyn Glass share price 52-week high and low, providing context beyond daily or weekly changes. Based on available data, the stock’s 52-week high stood at approximately 155.00, while the 52-week low stood at approximately 70.40. Highs suggest stronger packaging demand from pharmaceutical and beverage customers and stable margins, while lows align with market corrections or sector volatility. These levels capture impacts of trade policies, global raw material trends, and earnings visibility, providing context for the stock’s historical performance.

Haldyn Glass’s stock performance reflects the trading behaviour of a small-cap glass packaging company operating within India’s manufacturing ecosystem. The company’s focused portfolio across flint and amber glass containers has shaped its Haldyn Glass share price history. Over the past five years, the stock has shown periods of sharp gains and phases of consolidation. The stock delivered a positive annual return in the post-pandemic period, reflecting recovery in the pharmaceutical and beverage sectors. However, the stock has recorded negative returns in recent periods, underperforming broader market indices. The stock’s financial year returns have shown variability, with the stock trading at a discount to its 52-week high . The beta of the stock stands at approximately negative 0.019, indicating that the stock shows a slight inverse correlation with the broader market .

Haldyn Glass’s stock performance over time has closely followed India’s pharmaceutical packaging demand and beverage industry cycles. The share price showed positive momentum when the company completed its furnace relining and expansion project in FY 2024, which enhanced production capacity. However, periods of high raw material costs and competitive pressures from larger industry players have contributed to consolidation in the stock price. The company’s revenue from operations increased in the most recent fiscal year, while profit after tax showed variation, highlighting the cyclical nature of the glass packaging industry.

Despite COVID-19 disruptions, Haldyn Glass shares showed resilience during the pandemic recovery phase. While the broader packaging sector faced supply chain challenges, the company’s focus on essential pharmaceutical packaging helped the stock recover from pandemic lows. The company has 445 employees and exports to international markets . The company’s joint venture subsidiary, Haldyn-Heinz Fine Glass Pvt. Ltd., continues to contribute to the company’s consolidated operations.

Haldyn Glass stock price has seen decreases due to several recurring reasons. A decline in demand from pharmaceutical or beverage customers directly impacts profitability and leads to selling pressure. Changes in government policy, such as stricter environmental regulations for glass manufacturing or changes in import duties on raw materials, can also cause the stock to fall. Furthermore, any increase in operational costs like raw material procurement or energy expenses without a matching rise in product prices squeezes the company’s margins, making the stock less attractive. Periods of global economic slowdown that affect consumer spending on beverages and pharmaceuticals raise concerns about demand, leading to a drop in Haldyn Glass share price. The stock is also sensitive to energy price movements; if natural gas prices rise significantly affecting production costs, it can lead to a decrease in Haldyn Glass stock price as investors adjust expectations for future margin growth. Broader market sell-offs in small-cap stocks also pull the price down, regardless of the company’s individual performance. A decrease in furnace capacity utilization or lower sales in any product category directly hurts the company’s revenue, resulting in a lower valuation for Haldyn Glass share price.

Haldyn Glass Limited Investor Relevance and Role in Portfolio

Haldyn Glass Limited is a holding in small-cap and packaging sector portfolios, offering exposure to glass container manufacturing for pharmaceutical and beverage industries. Inclusion in packaging indices underscores its importance in India’s glass packaging manufacturing space. The company’s strategic furnace expansion and modernization, its established customer base including major pharmaceutical companies, and its subsidiary operations make it a consideration for long-term allocations.

Haldyn Glass share price is influenced by the company’s ownership structure. Haldyn Glass equity is held by a broad mix of promoters, institutional investors, and retail investors, reflecting its standing in India’s packaging sector. Promoters hold a stable majority stake of approximately 58.88 percent in the company, reflecting strong internal control. Foreign institutional investors hold zero percent of the company’s shares, indicating no foreign institutional interest . Domestic institutional investors hold approximately 1.53 percent of the company’s shares . The public holds the remaining stake of approximately 39.58 percent in the company . The company’s management includes Executive Chairman Narendra Dejoo Shetty, Managing Director & Executive Director Tarun Narendra Shetty, CEO Niraj Tipre, and CFO Jitendra Karamchandani. This investor base with stable promoter participation underscores the company’s role as a holding in both domestic and focused portfolios concentrating on glass packaging manufacturing.

Beyond fundamentals and ownership, Haldyn Glass stock is actively monitored in cash market segments, where trading volumes and delivery patterns reflect expectations on production levels, export orders, and regulatory policy actions affecting the packaging and pharmaceutical industries. The stock is available for trading on both the NSE and BSE, allowing investors to take positions based on their outlook for the packaging sector. Market participants watch these trading indicators to gauge sentiment around quarterly results and policy announcements.

Technical indicators provide additional insight into short-term momentum shifts in the company’s stock price. While these indicators are primarily used for near-term trading decisions, they also help investors and portfolio managers understand broader market sentiment and anticipate potential volatility, especially around key events or announcements. In the short-term and weekly timeframe, the stock has exhibited price movements that correlate with broader packaging sector trends. Based on available data, the stock’s beta of approximately negative 0.019 indicates a slight inverse correlation with the broader market. The company’s book value per share stands at approximately 41 to 42 rupees, while the return on capital employed stands at approximately 9.68 to 10.54 percent. The company has maintained a dividend payout record, with a dividend yield of approximately 0.75 percent.

Overall, Haldyn Glass demonstrates a low volatility profile compared to the broader market, with the stock generally considered to have below-average systematic risk, making it less sensitive to broader market movements and more influenced by sector-specific factors such as raw material price fluctuations, energy costs, and demand from pharmaceutical and beverage customers.

Haldyn Glass Limited Sectoral Relevance and Peer Positioning

Haldyn Glass Limited sector relevance stems from its three decades of presence in the glass container manufacturing industry, its portfolio of soda lime flint and amber glass containers for the liquor, cosmetics, food and beverages, and pharmaceutical industries, its manufacturing facility in Gujarat with a furnace capacity of 160 TPD, its wholly-owned subsidiary Haldyn-Heinz Fine Glass Pvt. Ltd., and its locational advantage providing freight cost savings, establishing it as a focused small-cap glass packaging provider supporting India’s pharmaceutical and beverage industries . Peer comparisons with companies like AGI Greenpac Limited (India’s leading packaging company), O-I Glass, Inc., and other container glass manufacturers focus on production capacity, product mix, manufacturing efficiency, economies of scale, and furnace capacity rather than short-term stock moves. AGI Greenpac, with a significantly larger market capitalization and operational footprint, represents a well-established industry leader with a production capacity of over 1,600 TPD, while Haldyn Glass operates with a lower capacity of approximately 360 TPD . These benchmarks help investors assess operational scale, efficiency, and competitive positioning.

Haldyn Glass P/E ratio reflects how investors perceive the company’s earnings relative to its revenue streams from glass container sales. Based on available data, the current P/E ratio has varied across reporting periods, with some sources reporting a P/E of approximately 20 to 31 times . The company’s profit after tax for the most recent fiscal year showed variation compared to the previous year, reflecting the cyclical nature of the glass packaging industry. Quarterly performance has shown variation, with net profit fluctuating across quarters. The company’s net profit margin has remained at a certain level over recent periods. Overall, these changes highlight how market sentiment evolved alongside the company’s operational performance in a cyclical industry.

Alongside valuation, Haldyn Glass EPS provides insight into its operational performance and income generation from glass container sales to the pharmaceutical, beverage, and cosmetics industries. Based on available data, the company reported a basic EPS that has varied across reporting periods, with the trailing twelve month EPS standing at a level that reflects the company’s recent earnings performance . The company’s EPS for the last full fiscal year was lower compared to the prior fiscal year . The company has a face value of 1 rupee per share and has maintained dividend payments over the years, with a modest dividend yield .

Haldyn Glass market cap highlights its position as a small-cap player within India’s glass packaging sector. Based on recent data, the company’s market capitalization has fluctuated, standing at approximately 404 to 467 crore rupees depending on the reporting period . The market cap has moved in line with investor perceptions of the company’s growth potential following a significant correction from its highs. This pattern reflects investor interest during favourable packaging demand cycles, followed by contraction during challenging periods impacted by rising raw material costs and competitive pressures from larger industry players. This decrease mirrors the correction in the Haldyn Glass share price from its 52-week high to recent levels.

Finally, Haldyn Glass earnings trajectory demonstrates the impact of its operational execution in a competitive industry. In recent fiscal years, total income showed growth supported by the core glass packaging business. Based on available data, the company’s revenue from operations increased in the most recent fiscal year compared to the previous year, while profit after tax showed variation . The company has faced headwinds from fluctuating raw material prices, increased competitive pressures from larger manufacturers with greater economies of scale, and exposure to a single manufacturing facility. However, the company has completed furnace expansion and modernization projects to improve operational efficiency and remains focused on serving its established customer base in the pharmaceutical and beverage sectors. These developments illustrate the cyclical nature of the glass packaging industry and the company’s position within this sector.

Summary

Haldyn Glass Limited operates as a glass container manufacturer serving pharmaceutical, beverage, and cosmetics industries in domestic and international markets. Haldyn Glass share price moves largely with pharmaceutical and beverage demand cycles, raw material cost fluctuations, and broader packaging sector conditions. Haldyn Glass stock price reflects its specific position within the small-cap glass packaging manufacturing space. The company’s performance aligns with the operational results of its focused product portfolio and manufacturing capabilities, supported by a stable promoter base and a locational advantage in Gujarat providing freight cost savings for raw materials and natural gas.