HRS Aluglaze Limited FY26 Revenue Rises 60% to ₹67.53 Crore
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HRS Aluglaze Limited reported consolidated revenue from operations of ₹67.53 crore in FY26, a 60.36% increase from ₹42.11 crore in FY25. Profit after tax rose 98.56% to ₹10.21 crore, supported by project execution, new orders and business expansion during the year.
How did HRS Aluglaze perform in FY26?
HRS Aluglaze delivered higher revenue and profit in the financial year ended March 31, 2026. Consolidated revenue from operations increased to ₹67.53 crore from ₹42.11 crore a year earlier. The company reported profit after tax of ₹10.21 crore, compared with ₹5.14 crore in FY25.
The improvement was also reflected in earnings before interest, tax, depreciation and amortisation, or EBITDA. EBITDA rose 70.02% year on year to ₹18.26 crore from ₹10.74 crore. The reported EBITDA margin improved to 27.04% from 25.50%, while the profit after tax margin expanded to 15.12% from 12.21%.
What drove HRS Aluglaze's revenue and profit growth?
HRS Aluglaze attributed the FY26 performance to robust project execution and sustained demand across its core business segments. The company secured multiple new orders during the year across residential, commercial and industrial projects, according to its Managing Director.
Business expansion and new orders helped lift revenue, while the growth in EBITDA and profit after tax exceeded the rise in revenue. EBITDA increased by 70.02%, compared with revenue growth of 60.36%, and profit after tax rose by 98.56%. The reported figures indicate that profitability improved alongside the increase in project activity.
The company also began development of a new manufacturing facility in Ahmedabad. The estimated investment in the facility is ₹16 crore. The disclosure identifies the project as part of its expansion activity, but does not provide a completion date or capacity details.
How did HRS Aluglaze perform in the second half of FY26?
HRS Aluglaze reported strong year-on-year growth in the second half of FY26, with consolidated revenue from operations reaching ₹41.20 crore. This was 89.25% higher than the ₹21.77 crore reported in H2 FY25.
EBITDA for H2 FY26 rose to ₹9.79 crore from ₹3.80 crore in the corresponding period of the previous year, an increase of 157.63%. Profit after tax grew to ₹5.68 crore from ₹1.38 crore, representing growth of 311.59% on the reported comparison base.
The reported quarterly data also showed revenue of ₹41.20 crore and net profit of ₹5.68 crore for the March 2026 period. Compared with the prior reported period in the supplied data, revenue was down 39.0% and net profit was down 44.4%, while operating margin declined by 327 basis points. These period-on-period changes should be read alongside the stronger H2 and full-year comparisons.
What was the market and filing response to the FY26 results?
HRS Aluglaze shares closed 6% higher at ₹239 on the BSE on May 22, 2026, after the company reported its financial performance for the half year and full year ended March 31, 2026. The market movement followed the release of figures showing higher revenue, EBITDA and profit after tax.
The company submitted its audited financial results following a board meeting held on May 22, 2026. It subsequently submitted its 14th annual report to the BSE, and its 14th annual general meeting approved the FY2025-26 financial statements and director reappointment.
HRS Aluglaze also disclosed a board meeting intimation dated October 27, 2026, to consider unaudited standalone and consolidated financial results for the half year ended September 30, 2026. The supplied information does not include the outcome of that meeting or the half-yearly financial figures.
Why do the FY26 figures matter for investors and operations?
The FY26 results matter because they show that HRS Aluglaze increased both scale and reported profitability during the year. Revenue from operations increased by more than ₹25 crore, while profit after tax increased by more than ₹5 crore. Margin expansion accompanied this growth, with EBITDA margin rising to 27.04% and profit after tax margin reaching 15.12%.
The new Ahmedabad facility is a relevant operational development because it represents a disclosed ₹16 crore investment alongside higher order activity. Its financial contribution cannot yet be assessed from the available information, as the company has not provided a commissioning schedule, production capacity or expected revenue contribution.
For investors, the FY26 earnings per share figure was ₹6.58. The financial data also records total revenue of ₹67.85 crore, including ₹0.31 crore of other income, against total expenses of ₹54.09 crore, profit before tax of ₹13.75 crore and tax of ₹3.54 crore. These figures reconcile to reported profit after tax of ₹10.21 crore.
Conclusion
HRS Aluglaze completed FY26 with consolidated revenue from operations of ₹67.53 crore and profit after tax of ₹10.21 crore. New project orders, business expansion and project execution were cited as the drivers, while higher EBITDA and net profit margins showed improved profitability during the year.
The next disclosed item to watch is the consideration of unaudited standalone and consolidated results for the half year ended September 30, 2026, referenced in the October 27 board meeting intimation. Updates on the Ahmedabad manufacturing facility, including its completion timeline and operating capacity, will also be relevant to assessing the company’s expansion progress.
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