Glen Industries Ltd — earnings calls

Glen Industries reported FY26 total income of INR205.16 crores with EBITDA of INR38.50 crores and profit after tax of INR16.50 crores, while H2 FY26 alone contributed INR108.60 crores in income and INR18.69 crores in EBITDA. Management attributed the year-on-year margin decline to passing on lower PLA raw material prices to customers after retaining the benefit in the prior year, while food container margins remained intact in absolute terms despite raw material price swings from the Middle East conflict. The company discussed capacity expansion plans for food containers and paper cups, a revised capex cost due to currency fluctuation and scope increases, and delays in project timelines caused by regulatory approval slowdowns in West Bengal.