Latest news with #StandardGlassLiningTechnology
Business Standard
04-08-2025
- Business
- Business Standard
Standard Glass Lining Technology consolidated net profit rises 41.30% in the June 2025 quarter
Sales rise 22.03% to Rs 173.07 croreNet profit of Standard Glass Lining Technology rose 41.30% to Rs 20.87 crore in the quarter ended June 2025 as against Rs 14.77 crore during the previous quarter ended June 2024. Sales rose 22.03% to Rs 173.07 crore in the quarter ended June 2025 as against Rs 141.83 crore during the previous quarter ended June EndedJun. 2025Jun. 2024% 22 OPM %17.0816.89 -PBDT32.1122.75 41 PBT28.4720.40 40 NP20.8714.77 41 Powered by Capital Market - Live News
&w=3840&q=100)
Business Standard
27-06-2025
- Business
- Business Standard
IPOs in H1 2025 were priced to perfection; be selective now, say analysts
Indian primary markets have posted tepid performance in the first half of calendar year 2025 (H1CY25). Of the 19 stocks that debuted on the stock exchanges in H1, as many as 10, or 53 per cent, are trading below their listing price now, according to data compiled by Business Standard. Notably, so far in 2025, 19 companies have gone public from the mainline segment, raising ₹29,834 crore. Of these, stocks of 10—including Stallion India Fluorochemicals, Indo Farm Equipment, Laxmi Dental, Denta Water and Infra Solution, Borana Weaves, Ather Energy, Standard Glass Lining Technology, Schloss Bangalore, Belrise Industries, and Arisinfra Solutions—are trading below their listing price. Further, barring Laxmi Dental, Borana Weaves, and Standard Glass Lining Technology, the rest are also trading below their issue price. According to data, 82 companies in the SME segment have debuted on the exchanges so far this year, raising ₹3,645 crore. Of these, 46 are trading below their listing price, and 45 are below their issue price. H1 2025 Primary Market Performance Total Mainboard IPOs 19 Total amount raised ₹29,834 crore Trading below listing price 10/19 Trading below issue price 7/19 Total SME IPOs 82 Total amount raised ₹3,645.3 crore Trading below listing price 46/82 Trading below issue price 45/82 Source: Bloomberg Priced to perfection Sunny Agrawal, head of fundamental equity research at SBICap Securities said a consistent trend that stood out in H1 was the fact that most IPOs were priced to perfection, leaving very little on the table for new investors. This has resulted in muted listings across several recent IPOs. Echoing similar views, Prashanth Tapse, senior VP (Research) at Mehta Equities, said that many offerings lacked strong revenue or profit growth visibility. 'Once listed, such companies face pressure to deliver results in line with expectations—but post-IPO earnings have often disappointed, leading to steep corrections. The market, being increasingly valuation-conscious, is quick to penalise underperformance, triggering sell-offs,' said Tapse. Geopolitical developments amid tariff woes that troubled the secondary markets in H1 were another cause of primary markets' tepid show in H1. 'Volatility spooked investors, especially retail participants, leading them to exit IPO stocks quickly—even with modest listing gains. As a result, sustainable post-listing rallies have been rare, with many investors preferring safety over potential upside,' Tapse added. Primary market outlook H2CY25 Analysts, while expecting the primary market to witness the rollout of a healthy number of IPOs, remain divided on their performance in the second half of the calendar year. "We have already seen robust investor interest across both primary offerings and secondary market block or bulk deals. There's ample liquidity and merchant bankers and promoters are likely to capitalise on the current environment," said Agrawal. Tapse, on the other hand, recommends a disciplined, cautious approach with a long-term mindset for IPO investors in 2025. After the underperformance of many H1 listings, he said, investor appetite has become more selective. 'H2CY25 is expected to remain active, but more selective and valuation-conscious compared to the frenzied activity seen in previous years,' he added.
Mint
27-05-2025
- Business
- Mint
Small-cap stock below ₹200 jumps despite stock market crash. Do you own?
Small-cap stock below ₹ 200: Standard Glass Lining Technology share price traded over 2% higher on Tuesday despite weakness in the Indian stock market today. Standard Glass Lining shares gained as much as 2.76% to ₹ 183.75 apiece on the BSE. Meanwhile, the benchmark indices, Sensex and Nifty 50 declined over 0.8% each. Standard Glass Lining Technology share price rise today follows a 5.7% rally in the previous session. The small-cap stock has been on a decent upward momentum as it has surged 40% in the past 12 sessions. The company last week had announced its financial results for the fourth quarter of FY25 and full financial year 2024-2025. Here's a look at Standard Glass Lining Technology Q4 results 2025: Standard Glass Lining reported a standalone net profit of ₹ 10.32 crore in the quarter ended March 2025, recording a growth of 7.95% from ₹ 9.56 crore in the corresponding quarter of last fiscal year. The company's standalone revenue from operations in Q4FY25 declined 14.76% to ₹ 55.75 crore from ₹ 65.40 crore, year-on-year (YoY). For the full year, net profit increased 8.61% to ₹ 28.65 crore from ₹ 26.38 crore, while revenue dropped 6.28% to ₹ 196.31 crore from ₹ 209.47 crore, YoY. The company has planned capex of ₹ 130 crore over the next 2-3 years. 'We are entering an exciting growth phase, driven by new technologies and high-performance equipment for regulated global markets. Our partnerships with GL Hakko Japan and IPP USA are translating into real commercial traction. With a robust order book, new product lines, and continued investment in infrastructure and innovation, the future of SGLTL is bright and transformational,' said Nageswara Rao Kandula, Managing Director, Standard Glass Lining Technology. Standard Glass Lining share price has rallied 26% in one month and the small-cap stock has gained 37% in three months. Standard Glass Lining Technology made its stock market debut on January 13, 2025. The small-cap stock was listed at ₹ 172 on NSE, a premium of 22.8% over the issue price of ₹ 140. On BSE, Standard Glass Lining shares were listed with 25.71% premium at ₹ 176 apiece. Standard Glass Lining shares are trading moderately higher than their listing price, and up 31% from its IPO price. The small-cap stock touched a record high of ₹ 213.80 apiece on 16 January 2025, and a low of ₹ 123.90 on 4 March 2025. At 10:15 AM, Standard Glass Lining share price was trading 0.56% higher at ₹ 179.80 apiece on the BSE.
Mint
27-05-2025
- Business
- Mint
Small-cap stock below ₹200 jumps despite stock market crash. Do you own?
Small-cap stock below ₹ 200: Standard Glass Lining Technology share price traded over 2% higher on Tuesday despite weakness in the Indian stock market today. Standard Glass Lining shares gained as much as 2.76% to ₹ 183.75 apiece on the BSE. Meanwhile, the benchmark indices, Sensex and Nifty 50 declined over 0.8% each. Standard Glass Lining Technology share price rise today follows a 5.7% rally in the previous session. The small-cap stock has been on a decent upward momentum as it has surged 40% in the past 12 sessions. The company last week had announced its financial results for the fourth quarter of FY25 and full financial year 2024-2025. Here's a look at Standard Glass Lining Technology Q4 results 2025: Standard Glass Lining reported a standalone net profit of ₹ 10.32 crore in the quarter ended March 2025, recording a growth of 7.95% from ₹ 9.56 crore in the corresponding quarter of last fiscal year. The company's standalone revenue from operations in Q4FY25 declined 14.76% to ₹ 55.75 crore from ₹ 65.40 crore, year-on-year (YoY). For the full year, net profit increased 8.61% to ₹ 28.65 crore from ₹ 26.38 crore, while revenue dropped 6.28% to ₹ 196.31 crore from ₹ 209.47 crore, YoY. The company has planned capex of ₹ 130 crore over the next 2-3 years. 'We are entering an exciting growth phase, driven by new technologies and high-performance equipment for regulated global markets. Our partnerships with GL Hakko Japan and IPP USA are translating into real commercial traction. With a robust order book, new product lines, and continued investment in infrastructure and innovation, the future of SGLTL is bright and transformational,' said Nageswara Rao Kandula, Managing Director, Standard Glass Lining Technology. Standard Glass Lining share price has rallied 26% in one month and the small-cap stock has gained 37% in three months. Standard Glass Lining Technology made its stock market debut on January 13, 2025. The small-cap stock was listed at ₹ 172 on NSE, a premium of 22.8% over the issue price of ₹ 140. On BSE, Standard Glass Lining shares were listed with 25.71% premium at ₹ 176 apiece. Standard Glass Lining shares are trading moderately higher than their listing price, and up 31% from its IPO price. The small-cap stock touched a record high of ₹ 213.80 apiece on 16 January 2025, and a low of ₹ 123.90 on 4 March 2025. At 10:15 AM, Standard Glass Lining share price was trading 0.56% higher at ₹ 179.80 apiece on the BSE. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Business Standard
24-05-2025
- Business
- Business Standard
Standard Glass Lining Technology consolidated net profit declines 34.97% in the March 2025 quarter
Sales decline 17.39% to Rs 166.33 crore Net profit of Standard Glass Lining Technology declined 34.97% to Rs 15.10 crore in the quarter ended March 2025 as against Rs 23.22 crore during the previous quarter ended March 2024. Sales declined 17.39% to Rs 166.33 crore in the quarter ended March 2025 as against Rs 201.34 crore during the previous quarter ended March 2024. For the full year,net profit rose 10.21% to Rs 64.34 crore in the year ended March 2025 as against Rs 58.38 crore during the previous year ended March 2024. Sales rose 12.87% to Rs 613.66 crore in the year ended March 2025 as against Rs 543.67 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 166.33201.34 -17 613.66543.67 13 OPM % 14.2115.66 - 17.5017.46 - PBDT 25.7233.02 -22 104.6189.13 17 PBT 22.2330.94 -28 93.5479.80 17 NP 15.1023.22 -35 64.3458.38 10
