1,000% Returns in Last 5 Years: AGI Greenpac Reports 11% Revenue Growth and Announces Major Capacity Expansions in H1 FY26

AGI Greenpac Limited, India’s largest manufacturer of container glass, announced its financial results for the second quarter (Q2) and half year (H1) ended September 30, 2025 (H1 FY26). The company reported strong financial performance, supported by strategic expansion initiatives across container and specialty glass and diversification into aluminum cans.

For H1 FY26, AGI Greenpac recorded an 11 per cent year-on-year (YoY) rise in revenue to Rs 1,289 crore. Net profit for the period stood at Rs 165 crore, marking a 22 per cent YoY increase. Earnings before interest, Taxes, depreciation, and amortization (EBITDA) came in at Rs 330 crore, a growth of 5 per cent compared to the same period last year.

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In Q2 FY26, the company reported revenue from operations of Rs 602 crore, net profit of Rs 76 crore, and EBITDA of Rs 154 crore, reflecting stable quarterly performance.

The company is undertaking multiple capacity expansion projects and entering new business segments to sustain growth momentum. AGI Greenpac announced its entry into the aluminum cans segment, with a new manufacturing facility being developed in Uttar Pradesh. The project will be executed in two phases and is expected to be operational by Q3 FY28. The initial annual production capacity will be 950 million cans, with plans to increase this to 1.6 billion cans by FY30.

In the glass segment, a new greenfield container glass plant is being established in Madhya Pradesh, adding 500 tonnes per day (TPD) — a 30 per cent rise in total capacity. The plant is expected to be operational within the next 18 months. Additionally, the company is expanding its existing container glass capacity from 1,850 TPD to 1,900 TPD and scaling up its specialty glass capacity from 154 TPD to 200 TPD. Both expansions are expected to be operational by March 2026.

Incorporated in 1960, AGI Greenpac Ltd manufactures and sells Container Glass bottles, PET bottles and Security Caps and Closures under Packaging Products segment.

The company has a market cap of Rs 5,200 crore and the stock is up by 36 per cent from its 52-week low of Rs 1599 per share. The shares of the company have an ROE of 16 per cent and an ROCE of 20 per cent.

Disclaimer: The article is for informational purposes only and not investment advice.