Standard Glass Lining: Company Profile and Financial Overview
Standard Glass Lining Technology Ltd. is a leading manufacturer of specialized engineering equipment for the pharmaceutical and chemical sectors in India. The company offers a comprehensive range of products, including reaction systems, storage, separation, drying systems, and plant engineering services. With in-house capabilities across the entire value chain, Standard Glass Lining has established itself as a trusted partner for major pharmaceutical and chemical manufacturers.
Market Capitalization
As of March 31, 2024, the company's market capitalization was approximately ₹2,792.88 crore. (Source)
Net Profit Over the Last 5 Years
Standard Glass Lining has demonstrated consistent growth in net profit over the past three fiscal years:
| Fiscal Year | Net Profit (₹ Crore) |
|---|---|
| FY 2021-22 | 25 |
| FY 2022-23 | 53 |
| FY 2023-24 | 60 |
(Source)
Total Liabilities
As of March 31, 2024, the company's total liabilities were reported as follows:
| Fiscal Year | Total Liabilities (₹ Crore) |
|---|---|
| FY 2021-22 | 298 |
| FY 2022-23 | 348 |
| FY 2023-24 | 665 |
(Source)
Other Financial Fundamentals
Revenue Growth
The company has shown significant revenue growth over the past three fiscal years:
| Fiscal Year | Revenue (₹ Crore) |
|---|---|
| FY 2021-22 | 240 |
| FY 2022-23 | 498 |
| FY 2023-24 | 544 |
(Source)
Return on Equity (ROE):
The company reported an average three-year ROE of approximately 41% between FY22 and FY24. (Source)
Return on Capital Employed (ROCE):
The average three-year ROCE was around 37% during the same period. (Source)
Earnings Per Share (EPS):
The EPS for FY 2023-24 was ₹11,676. (Source)
Conclusion
Standard Glass Lining Technology Ltd. has exhibited robust financial performance with consistent growth in revenue and net profit over the past few years. The company's strong ROE and ROCE figures reflect efficient utilization of capital and profitability. With a diversified product portfolio and a solid market position, Standard Glass Lining continues to be a significant player in the specialized engineering equipment sector for pharmaceuticals and chemicals in India.
For more detailed financial information, visit the Moneycontrol Financials Section.
Comments
Post a Comment