Haldyn Glass AGM 2026: Q1 results, ₹0.70 dividend

Key event: 35th AGM scheduled for September 4

Haldyn Glass Ltd has announced that its 35th Annual General Meeting (AGM) will be held on Friday, September 04, 2026 at 11:30 a.m. The venue stated in the notice is Village Gavasad, Taluka Padra, District Vadodara, Gujarat 391 430. The company has also issued its Annual Report 2025-26 along with the Notice of the 35th AGM. The AGM matters for shareholders because the company has placed key leadership appointments and dividend approval on the agenda. Separately, the company has communicated tax deduction at source (TDS) rules that may apply if the dividend is approved. The exchange update is dated August 03, 2026, sourced from BSE.

Board meeting outcome dated August 3, 2026

Haldyn Glass said the unaudited standalone and consolidated financial results were reviewed by the Audit Committee and approved by the Board of Directors at a meeting held on August 03, 2026. The same board meeting cycle also ties into the AGM agenda, with “Quarterly Results & A.G.M.” appearing in the company’s agenda list dated 2026-08-03. Alongside results, the Board recommended a dividend for the financial year ended March 31, 2026. The Board also approved an investment program aimed at rebuilding and modernising capacity and expanding production capabilities. These items will be relevant for shareholder voting and for tracking how cash is deployed across dividends and expansion.

Q1 FY27 performance: sales, profit, EBITDA and EPS

For the quarter ended June 30, 2026 (Q1 FY27), reported consolidated quarterly numbers show net sales of ₹138.69 crore, up 20.58% from ₹115.02 crore in June 2025. Consolidated quarterly net profit was reported at ₹10.26 crore in June 2026, up 90.13% from ₹5.40 crore in June 2025. EBITDA stood at ₹22.91 crore in June 2026, up 35.96% from ₹16.85 crore in June 2025. Earnings per share (EPS) increased to ₹1.91 in June 2026 from ₹1.00 in June 2025. In a separate statement included in the same information set, consolidated net profit is also presented as ₹1,025.90 lakh (₹10.259 crore) for Q1 FY27, with net profit in Q1 FY25 stated as ₹539.97 lakh (₹5.3997 crore).

Standalone results also show a sharp rise in profit

Reported standalone quarterly numbers for the same period show net sales of ₹138.69 crore, up 20.58% from ₹115.02 crore in June 2025. Standalone quarterly net profit was ₹9.24 crore in June 2026, up 130.14% from ₹4.01 crore in June 2025. Standalone EBITDA stood at ₹22.61 crore in June 2026, up 35.39% from ₹16.70 crore in June 2025. Standalone EPS increased to ₹1.72 in June 2026 from ₹0.75 in June 2025. These figures highlight that profitability improved faster than revenue on a year-on-year basis in the quarter.

Dividend details: ₹0.70 per share, record date August 28

The Board has recommended a dividend of 70% which equals ₹0.70 per equity share of face value ₹1 each, for the financial year ended March 31, 2026. The company has said this dividend is subject to shareholder approval at the ensuing 35th AGM. The record date to determine eligibility is fixed as August 28, 2026, and shareholders must hold the stock on the record date to receive the dividend if it is declared. The company also stated that the total dividend payout, if approved, will be ₹3.7626 crore (₹376.26 lakh) and will be subject to deduction of tax at source as applicable. The communication to shareholders on TDS outlines applicable rates and documentation requirements for resident and non-resident shareholders, pending AGM approval.

Leadership resolutions: Narendra Shetty and Tarun Shetty

Haldyn Glass will seek shareholder approval for the re-appointment of Mr. Narendra Shetty, aged 86, as Founder Non-Executive Chairman for a period of three years, effective August 16, 2026. The notice states that the proposed remuneration exceeds regulatory thresholds and therefore requires shareholder approval through a special resolution. The company has also disclosed that Tarun Shetty has been re-appointed as Managing Director for a three-year term starting August 16, 2026, subject to shareholder approval at the AGM. In the same set of disclosures, the company stated that Narendra Shetty will step down as Executive Chairman on August 15, 2026, while continuing in the proposed non-executive founder chairman role thereafter if approved.

Capacity expansion: Board approves ₹150 crore investment

The Board approved an investment estimated at around ₹150 crore to rebuild and modernise existing capacity and to expand production capabilities. The company’s disclosure frames this as a capacity expansion and upgrade program. While the filing does not provide a project timeline in the extracted text, the size of the investment makes it a material capital allocation decision for investors to track. This announcement sits alongside the dividend recommendation, giving shareholders two clear financial signals in the same period: cash return through dividend and reinvestment through capex.

Stock and market snapshot around the announcements

As of September 4, 2026, Haldyn Glass stock price is stated as ₹144.65. The data also shows the shares closed at ₹130.58 on August 06, 2026 (NSE) and delivered 16.41% returns over the last 6 months and 16.41% over the last 12 months. Another line in the same information set states the shares closed at ₹132.79 on August 05, 2026 (NSE) and delivered 18.38% returns over the last 6 months and 18.38% over the last 12 months. These figures provide context on how the stock was trading around the earnings and AGM-related disclosures.

FY2025-26 snapshot from the annual report figures

The company’s annual report figures cited in the text show profit after tax of ₹18.3187 crore (₹1,831.87 lakh) versus ₹12.9651 crore (₹1,296.51 lakh) in the previous year, indicating a year-on-year growth of 41.29% as stated. The same section also refers to growth of 21.41% in the previous year, in the context provided. The Board’s dividend recommendation links to the year ended March 31, 2026, and the payout is expected to be made during financial year 2026-27 if approved. Investors typically use these annual numbers to compare with quarterly performance and to evaluate the sustainability of dividends alongside expansion plans.

Summary table: dates, dividend and key figures

Market impact: what shareholders will focus on

The immediate market relevance is centred on three items disclosed together: Q1 earnings, the dividend recommendation, and the ₹150 crore investment plan. The quarterly numbers show year-on-year growth in sales and a sharper increase in profits, which can influence expectations for cash generation and capex funding. The dividend is explicitly subject to shareholder approval, and the record date of August 28, 2026 sets the eligibility cut-off. The leadership resolutions add a governance dimension, including a special resolution requirement due to remuneration thresholds for the founder chairman role. The TDS communication signals the administrative steps shareholders may need to complete depending on their residency and documentation status.

Analysis: why the AGM agenda is unusually consequential

The AGM is not only a statutory meeting but also a decision point for capital allocation and governance approvals. A dividend recommendation of ₹0.70 per share and an estimated payout of ₹3.7626 crore sits alongside a significantly larger planned investment of about ₹150 crore, placing attention on funding and execution. The board-level approvals for the results and the capex were already completed on August 03, 2026, while shareholder approvals for appointments and dividend are scheduled for September 04, 2026. The special resolution requirement for Narendra Shetty’s remuneration makes the vote more than a routine reappointment item. For investors, the combination of rising quarterly profit, a defined record date, and pending leadership votes sets a clear checklist leading into the AGM.

Conclusion: what to watch next

Haldyn Glass has set September 04, 2026 as the date for its 35th AGM, with dividend approval, leadership appointments, and disclosures on TDS positioned as key shareholder items. The company has also reported strong Q1 FY27 growth in sales and profit and announced a ~₹150 crore expansion and modernisation plan. The next confirmed milestone is the AGM itself, where members will vote on the dividend and the proposed appointments, including the special resolution linked to remuneration thresholds.