Glen Industries Up 5% Following Rs 203 Cr FY26 Revenue and Capacity Expansion

Synopsis: Glen Industries ended FY26 with Rs 203.1 crore in revenue, a 19% YoY increase. A Rs 100 crore expansion tripling output to 21,095 MTPA goes live this month, targeting major FY27 growth.

Glen Industries Limited ended FY26 with revenue of Rs. 203.1 crore, which is 19% higher than in the past year. The rise was driven by the influx of demand for thin-wall food containers in the e-commerce and HoReCa industries in 26 states.

A 100 crore expansion will be rolled out this month, increasing the capacity of the company to 21,095 MTPA in the sale of thin-wall containers. This move would result in an incremental revenue of Rs 200 crore to the management in FY27 which could potentially double the top-line of the company.

Investor confidence remains robust, with the promoter group recently increasing its stake to 73.52% through open market purchases. As of April 9, 2026, the stock was trading at Rs 78.00, up 4.97% for the day, reflecting market optimism surrounding the new facility’s commissioning.

Shares of Glen Industries Ltd  rose 4.97% to Rs 78.00 on April 9, 2026, following its FY26 business update and expansion news. Despite a heavy 1,000-point drop in the Sensex, the stock hit an intraday high of Rs 79.50, supported by a strong 85% delivery rate. The move reflects investor optimism toward the company’s tripling capacity and a current market capitalization of Rs 187.68 crore.

Company Overview

Glen Industries Limited is an India-based food packaging manufacturer specialising in thin-wall containers, paper cups, and thermoformed packaging solutions. Listed since July 2025, the company serves HoReCa and e-commerce clients across 26 states and is expanding into eco-friendly fiber-based packaging categories.

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

The post Glen Industries Up 5% Following Rs 203 Cr FY26 Revenue and Capacity Expansion appeared first on Trade Brains.