NSEGeneral Updates1d ago · 3 Nov 2026, 07:05 pm
General Updates
Asahi India Glass Limited · ASAHIINDIA
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Asahi India Glass Limited has announced its unaudited financial results for the quarter and half year ended September 30th, 2026, showing a strong revenue growth of 36.9% YoY and 12.1% QoQ, with EBITDA margins expanding to 22.1% and PAT margins remaining steady at 10.5%.
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Market Sentiment8/10
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Full Announcement
Investor Presentation on unaudited financial results of the Company (Standalone and Consolidated) for the quarter and half year ended 30th September, 2026.
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< AIS>
3rd November, 2026 Ref. No.: 102339/S/O/L-1/2026-27
The Manager, The Manager,
Listing/l\farket Operation, Corporate Relationship Department,
National Stock Exchange of India Ltd., BSE Limited,
Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers,
Bandra - Kurla Complex, Dalal Street,
Bandra (E), Mumbai - 400 001
Mumbai-400 051
NSE Code - ASAHIINDIA BSE Code - 515030
Sub: Press Release and Investor Presentation
Dear Sir(s) / Madam(s),
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015 ("Listing Regulations"), we furnish herewith Press Release and Investor Presentation on
unaudited financial results of the Company (Standalone and Consolidated) for the quarter and
half year ended 30th September, 2026.
You are requested to kindly take the above on record.
Thanking you,
Yours truly,
For Asahi India Glass Limited,
Gop· anatra
Exect tive Director
General Counsel & Company Secretary
Membership No. F7090
Encl.: As above
Asahi India Glass Ltd.
Corporate Office: Unit No. 301-308,
1101-1104, 3rd and 11th Floor, Tower-D,
Global Business Park, M. G. Road, Registered Office: A-2/10, 1st Floor
Gurugram-122002 Haryana (India)
Tel.: +91124 4062212-19 WHS DDA Marble Market, Kirti Nagar,
Fax: +91124 4062244, 4062288 New Delhi -110015 (India)
website: www.aisglass.com
Tel.: +91-11-49454900
Corporate Identity Number: L261020L1984PLC019542
< A1S>
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Earnings Release
Asahi India Glass Ltd.
ASAHI INDIA GLASS LIMITED
Q2 & H1 FY27 Consolidated Results
Tuesday, 3rd November 2026, Gurugram – Asahi India Glass Limited (AIS), India’s leading
value-added and integrated glass solutions company, announced its Unaudited Financial Results for
the quarter and half year ended September 30th, 2026.
Consolidated Result Highlights
Particulars (₹ Cr) Q2FY27 Q2FY26 YoY Q1FY27 QoQ H1FY27 H1FY26 YoY
Total Income
1,591.0 1,162.2 36.9% 1,419.1 12.1% 3,010.1 2,401.7 25.3%
EBITDA 351.4 199.2 76.4% 330.5 6.3% 682.0 402.3 69.5%
EBITDA Margin 22.1% 17.1% 23.3% 22.7% 16.8%
Profit After Tax 167.3 58.2 187.5% 149.1 12.2% 316.4 113.0 180.0%
Profit After Tax Margin 10.5% 5.0% 10.5% 10.5% 4.7%
NOTE: Total Income and EBITDA include other income
Segment Revenue
Particulars (₹ Cr) Q2FY27 Q2FY26 YoY H1FY27 H1FY26 YoY
Automotive Glass 1,065.9 814.9 30.8% 2,015.2 1,592.3 26.6%
Float Glass 608.1 383.9 58.4% 1,153.3 770.7 49.7%
Others 244.3 188.2 29.8% 468.6 403.6 16.1%
Less: Inter-segment revenue 327.3 224.8 626.9 364.9
Total Income 1,591.0 1,162.2 36.9% 3,010.1 2,401.7 25.3%
NOTE: Segmental revenue includes inter segment sales and other income.
Q2FY26 Key Financial Highlights
• Strong revenue growth of 36.9% YoY and 12.1% QoQ.
o Higher automotive segment volumes on the back of robust passenger vehicle demand.
o Improved Float Glass realizations due to better product mix, F2 operating at full capacity
compared to the cold-repair period in the previous year, and improved operational
efficiencies.
• COGS including energy costs remained elevated amid the prevailing macroeconomic
environment. However, energy cost impact was partially mitigated by renewable energy
procurement and increased operational efficiencies.
• EBITDA Margins expanded to 22.1% as against 17.1% in Q2FY26. However, sequentially the
margins were impacted for Automotive business mainly due to inflationary pressure on
Logistics, manpower, & consumables, as well as natural ramp up of new capacities in Patan and
Chennai plants and stabilization of 12 new car model launches during the quarter.
• PAT margins remained steady at 10.5%.
< A1S>
.........,,,,,
Asahi India Glass Ltd.
Key Operational Highlights
• Stabilized 12 new models (Automotive) in Q2FY27.
• Ramp up of new Phase 3 tempered expansion in Patan as well as Laminated expansion in
Chennai.
Management Commentary
Speaking on the occasion Mr. Sanjay Labroo, Chairman & Managing Director, Asahi India Glass
Limited said,
“I am pleased to share that Q2 FY27 has been our best-ever quarter of financial performance. On a
YoY basis, our net sales grew 36.9% to ₹1,591 crores, and EBITDA grew 76.4% to ₹351 crores.
EBITDA and PAT margins for Q2 stood at 22.1% and 10.5%, respectively.
For H1 FY27, our net sales stood at approximately ₹3,010 crores, and EBITDA was 682 crores,
representing YoY growth of 25.3% and 69.5% respectively. I firmly believe that our financial
performance remained healthy due to our sustained strategy of value addition and integration.
Amidst global uncertainties and macro-economic volatility, we continued to face significant
inflationary pressures on input and energy costs in both our businesses. While several of these
reasons remain beyond our control, I believe we can improve our financial performance in the
automotive business as there is some scope to further enhance operational efficiency. I am happy
to share that this quarter we commissioned our Phase III tempered operations at Patan and
expanded our laminated capacities at Chennai plant. Besides the above, we supported our OEM
customers with their 12 new model launches this quarter.
Our Automotive glass business continues to benefit from sustained demand backed by growth and
premiumization of automotive industry in India. Our Architectural glass business is supported by
rising urbanization, infrastructure development, increasing emphasis on green buildings, and
higher adoption of value-added glass products. I thank the Government of India for continuing to
recognize the unfair trade environment faced by Indian glass industry from dumped imports and
supporting the industry with a fair Minimum Import Price (MIP). Our Consumer Glass Solutions
business continues to expand by offering customized glass, windows and door solutions, along with
organized automotive glass repair and replacement services.
AIS shall continue to invest significant resources in expanding its state-of-the-art manufacturing
capacities, introducing new technology products and processes, strengthening vertical integration,
enhancing customer proximity, and building indigenous capabilities across all our businesses.
These investments are beginning to contribute meaningfully to our growth and competitive
positioning. We continue to re-invest in the future growth of AIS.
With continued focus on improving asset utilization, driving cost optimization and enhancing
productivity, AIS is well positioned to capitalize on the structural growth opportunities across all
the business segments.”
About Asahi India Glass Limited (AIS)
Asahi India Glass Limited (AIS) was incorporated in 1984. It is India’s leading integrated glass
solutions provider, with capabilities spanning the entire automotive and architectural glass value
chain, from float glass manufacturing to processing, fabrication, installation and after-sales
services. Promoted by the Labroo family, AGC Inc. (Japan) and Maruti Suzuki India Limited, AIS
commands ~80% of the Indian passenger vehicle glass market and ~26% of the domestic value-added
architectural glass market. Its diversified portfolio encompasses automotive glazing solutions
(windshields, sidelites, backlites, sunroofs, acoustic, solar-control and head-up display (HUD)
glass), architectural glass (float, energy-efficient glass, value-added and designer products) and
consumer solutions (AIS Windows, AIS Glasxperts and AIS Windshield Experts). The company
operates 15 manufacturing units and 11 advanced warehouses cum sub-assembly units across India,
supported by an aggregate float glass manufacturing capacity of 2,150 tonnes per day (TPD).
For more information about the Company and its businesses, please visit www.aisglass.com
Safe Harbour Statement:
Statements in this document relating to future status, events, or circumstances, including but not
limited to statements about plans and objectives, the progress and results of research and
development, potential project characteristics, project potential and target dates for project
related issues are forward-looking statemen
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