MoneyWorks4Me

Check Before You Invest : Glass Wall Systems (India) Ltd

BSE: 544913 NSE: GLASSWALL ISIN: INE644Q01039
  |   Sector:  Capital Goods & Industrial Consumables   |   Industry:  Engineering

Snapshot

Q.1 Which industry/sub-sector does Glass Wall Systems (India) Ltd belong to?
Glass Wall Systems (India) Ltd belongs to the Capital Goods & Industrial Consumables sector, operating specifically within the Engineering segment.
Q.2 Is Glass Wall Systems (India) Ltd a good quality company?
Glass Wall Systems (India) Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

Q.3 Is Glass Wall Systems (India) Ltd undervalued or overvalued?
Glass Wall Systems (India) Ltd appears Fair, as its key valuation ratios are in line with their past averages.

Based on the industry it operates in, the relevant valuation ratios include one of the following, P/E, P/BV, P/Sales, EV/EBITDA or a combination of two or more.

Valuation Ratios Current 3-year
Historic Median
Price to Earnings 28.35 -
Price to Book 5.03 -
Price to Sales 5.2 -
EV to EBITDA 19.19 -
Q.4 Is Glass Wall Systems (India) Ltd a good buy now?
Glass Wall Systems (India) Ltd is not a good buy now, based on weak price trend analysis suggesting prices may fall. However, you need to check its quality and valuation before making a decision

Performance Analysis

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

Q.1 Gross Profit margin of Glass Wall Systems (India) Ltd?
Glass Wall Systems (India) Ltd Gross profit margin which is the profit after deduction of direct costs, is 25.4% for FY-2026, which is in line with its 3-year median of 25.4%, indicating stable margins.

Q.2 Operating Profit Margin of Glass Wall Systems (India) Ltd?
Glass Wall Systems (India) Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is 23.02% for FY-2026, which is in line with its 3-year median of 23.02% indicating stable margins.

Q.3 Net Profit Margin of Glass Wall Systems (India) Ltd?
Glass Wall Systems (India) Ltd Net Profit Margin is 18.34% for FY-2026, is in line with its 3-year median of 18.34%, indicating stable margins.
Current Level 3-year
Historic Median
Gross Profit Margin (%) 25.4 25.4
Operating Profit Margin (%) 23.02 23.02
Net Profit Margin (%) 18.34 18.34

B: Does the business utilize capital efficiently?

Q.4 Return on Asset of Glass Wall Systems (India) Ltd?
Glass Wall Systems (India) Ltd Return on Asset is 21.54%, which is above its 3-year historical median of 18.3%, indicating improved asset utilization efficiency.

Q.5 Return on capital employed (ROCE) of Glass Wall Systems (India) Ltd?
Glass Wall Systems (India) Ltd Return on capital employed is 51.04% for FY-2026, which is above its 3-year historical median of 43.39%. The current ROCE is above its estimated weighted average cost of capital (WACC) of 14%, indicating value creation.

Q.6 Return on Equity (ROE) of Glass Wall Systems (India) Ltd?
Glass Wall Systems (India) Ltd Return on equity is 38.67% for FY-2026, which is above its 3-year historical median of 33.04%, indicating the business is making better use of its shareholders capital.

C: How much debt does the business have and is it at a sustainable level?

Q.7 Debt to Equity ratio of Glass Wall Systems (India) Ltd?
Glass Wall Systems (India) Ltd Debt-to-Equity ratio is 0.03, which is lower the industry average of 0.27, indicating lower debt levels in the industry.

Q.8 Debt to cash flow from operations of Glass Wall Systems (India) Ltd?
Glass Wall Systems (India) Ltd Debt to cash flow from operations is 0.09, which is at a healthy level.

Ownership & governance

D: Promoter shareholding and pledge status of Glass Wall Systems (India) Ltd?

Q.1 Promoter shareholding and pledge status of Glass Wall Systems (India) Ltd?
Promoters hold 53.22% of the Glass Wall Systems (India) Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Peer comparison (industry-wise, mcap)

E: How does Glass Wall Systems (India) Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Glass Wall Systems (India) Ltd vs industry peers?
Glass Wall Systems (India) Ltd revenue CAGR is 0.00%, compared to the industry median CAGR of 0%, indicating stable growth and maintaining its market share.
Profit Metrics
Current Level 3-year
Industry Median
Revenue Growth (%) - -
Gross Profit Growth (%) 46.8 35.7
Operating Profit Growth (%) 43.8 37.2
Net Profit Growth (%) 44.8 51.8
Operating Efficiency
Current Level 3-year
Industry Median
Asset Turnover (x) 1.17 0.91
ROE (%) 38.67 15.92
ROCE (%) 51.04 15.83
Cash Conversion Cycle (days) 40.18 76

Valuation & price assessment

Q.1 Stock return of Glass Wall Systems (India) Ltd over the last decade?
Over the last - year(s), the stock has delivered a CAGR of N/A% based on the current price.
9Y 5Y 3Y 1Y
Share Price
CAGR
- - - -
Q.2 Valuation ratios of Glass Wall Systems (India) Ltd vs historical?
The current P/E ratio of 28.35 is higher than its historical median of , indicating that the stock is trading above its historical average valuation.
Q.3 How do the current valuation ratios compare with 3-year historical median and industry numbers?
Valuation Ratios Current 3-year
Historic Median
3-year
Industry Median
Price to Earnings 28.35 - 28.21
Price to Book 5.03 - 2.52
Price to Sales 5.2 - 2.59
EV to EBITDA 19.19 - 17.08

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