Glass manufacturer bags an order worth Rs 5 crore from Ramacivil India Construction Pvt Ltd

Agarwal Toughened Glass India Limited has secured a significant purchase order from Ramacivil India Construction Pvt Ltd. of Jaipur, valued at approximately Rs 5 crore. This contract, which is for the supply of roughly 17,000 square meters of DGU (double-glazed unit) glasses, is expected to be completed by December 2025.

Earlier, the company secured a domestic purchase order, valued at approximately Rs 7 crore, from Elite Window Factory, Jaipur. This contract involves the supply of DGU (Double Glazed Unit) glasses, covering an approximate area of 20,000 square meters. The order, governed by terms from purchase orders dated July 17 and July 18, 2025, is slated for completion by November 30, 2025.

Incorporated in October 2009, Agarwal Toughened Glass India Limited specialises in manufacturing tempered glass for a wide range of B2B and B2C applications. The company processes float glass to create value-added toughened glass products, including standard, annealed, acid-frosted, sandblasted and lacquered varieties, along with tempered safety glasses crucial for architectural and commercial uses. Their products cater to diverse sectors such as construction, automotive and various industrial applications, showcasing their expertise in delivering high-quality, durable glass solutions.

The promoters of the company hold 63.94 per cent stake, FIIs hold 2.39 per cent, DIIs hold 7.24 per cent and the remaining 26.43 per cent is owned by public shareholders. The company has a market cap of Rs 228 crore. In FY25, the company reported revenue of Rs 55 crore and net profit of Rs 15 crore. The shares of the company have a PE of 15x whereas the industry PE is 45x with an ROE of 27 per cent and an ROCE of 24 per cent. The stock is up by 58.6 per cent from its 52-week low of Rs 81 per share.

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