| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 1,413 | 1,229 | +15.0% |
| EBITDA | 325 | 192 | +68.9% |
| EBITDA margin | 23.0% | 15.7% | +7.3 pts |
| Profit before tax | 203 | 75.8 | +167.5% |
| Net profit | 149 | 54.8 | +172.1% |
| EPS | ₹5.85 | ₹2.31 | +153.2% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 23,428 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 245 | 245 | 165 | 179 | 118 | ||
| 2.1 | 2.1 | −26.6 | −22.7 | −21.4 | ||
| 2,059 | 2,059 | 2,530 | 1,879 | 1,353 | ||
| 25,243 | — | — | — | — | ||
| 5,175 | 4,990 | 4,594 | 4,357 | 4,019 | ||
| — | +8.6% | +5.5% | +8.4% | — | ||
| 1,050 | 918 | 766 | 738 | 795 | ||
| 20.3% | 18.4% | 16.7% | 16.9% | 19.8% | ||
| 753 | 633 | 575 | 561 | 635 | ||
| 439 | 345 | 367 | 325 | 362 | ||
| 8.5% | 6.9% | 8.0% | 7.5% | 9.0% | ||
| ₹17.17 | ₹13.52 | ₹14.57 | ₹12.87 | ₹14.31 | ||
| — | −7.2% | +13.2% | −10.1% | — | ||
| — | 502 | 723 | 661 | 418 | ||
| — | −666 | −1,268 | −901 | −325 | ||
| −165 | −165 | −545 | −240 | 93.1 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 23,427.9 | |
| - Cash, Equiv & ST Investments | 118.4 | 178.6 | 164.5 | 245.3 | 245.3 | |
| + Minority Interest | -21.4 | -22.7 | -26.6 | 2.1 | 2.1 | |
| + Total Debt | 1,353.4 | 1,878.5 | 2,530.5 | 2,058.7 | 2,058.7 | |
| Enterprise Value | — | — | — | — | 25,243.3 | |
| Revenue | 4,018.9 | 4,356.7 | 4,594.5 | 4,989.9 | 5,174.6 | |
| Growth %, YoY | — | +8.4 | +5.5 | +8.6 | — | |
| EBITDA | 795.0 | 738.1 | 766.1 | 917.9 | 1,050.4 | |
| Margin % | 19.78 | 16.94 | 16.68 | 18.40 | 20.30 | |
| EBIT | 635.4 | 561.2 | 574.6 | 633.3 | 752.8 | |
| Net Income | 361.7 | 325.1 | 367.3 | 345.1 | 439.4 | |
| Margin % | 9.00 | 7.46 | 7.99 | 6.92 | 8.49 | |
| EPS, Adj (current shares) | 14.31 | 12.87 | 14.57 | 13.52 | 17.17 | |
| Growth %, YoY | — | -10.1 | +13.2 | -7.2 | — | |
| Cash from Operations | 417.9 | 661.4 | 722.6 | 501.7 | — | |
| Capital Expenditures | -324.8 | -901.1 | -1,268.0 | -666.3 | — | |
| Free Cash Flow | 93.1 | -239.7 | -545.4 | -164.6 | -164.6 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Asahi India Glass (NSE: ASAHIINDIA) had a market capitalisation of ₹23,238 crore at the 29 October 2026 close (₹911.65 a share), a PE ratio of 53.1 on the last four quarters' profit and a price-to-book ratio of 5.91. In FY26 its consolidated net profit was ₹345 crore on revenue of ₹4,990 crore; in Q1 FY27 (April–June 2026) it was ₹149 crore, up 165.4% year on year. Its debt-to-equity ratio was 0.52 on 31 March 2026. Promoters held 51.57% of the shares on 30 September 2026.
Asahi India Glass' PE ratio is 53.1 at the 29 October 2026 close (₹911.65 a share): a market capitalisation of ₹23,238 crore divided by consolidated net profit of ₹438 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹345 crore) it is 67.4.
No. Asahi India Glass had borrowings of ₹2,059 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.52. Its cash and current investments were ₹245 crore, so its net debt was ₹1,813 crore.
Asahi India Glass' debt-to-equity ratio was 0.52 on 31 March 2026: borrowings of ₹2,059 crore against total equity of ₹3,934 crore. A year earlier, on 31 March 2025, it was 0.96.
Asahi India Glass' price-to-book (PB) ratio is 5.91 at the 29 October 2026 close: a market capitalisation of ₹23,238 crore divided by shareholders' equity (book value) of ₹3,932 crore on 31 March 2026. That is a book value of ₹154.26 per share against a share price of ₹911.65.
Asahi India Glass' net worth — shareholders' equity in its consolidated balance sheet — was ₹3,932 crore on 31 March 2026, up 47.3% from ₹2,669 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹23,238 crore at the 29 October 2026 close.
In FY26, Asahi India Glass' return on equity (ROE) was 10.4% and its return on capital employed (ROCE) was 11.5%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 14.8% and ROCE 13.2%.
Asahi India Glass' market capitalisation was ₹23,238 crore at the 29 October 2026 close: 25.49 crore shares at ₹911.65 each.
Asahi India Glass' basic earnings per share (EPS) were ₹13.82 in FY26, against ₹15.27 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹17.17.
In 2026, Asahi India Glass has declared one dividend: ₹2 with record date 11 September 2026.
Asahi India Glass' book value per share was ₹154.26 on 31 March 2026: shareholders' equity of ₹3,932 crore divided by the 25.49 crore shares in issue, up 40.5% from ₹109.79 a year earlier. The share price at the 29 October 2026 close was ₹911.65.
Asahi India Glass' latest results are for Q1 FY27 (April–June 2026), filed on 5 August 2026: consolidated net profit ₹149 crore, up 165.4% from ₹56.2 crore in Q1 FY26; revenue from operations ₹1,413 crore, up 15.0% year on year.
In FY26 (April 2025–March 2026), Asahi India Glass' consolidated net profit was ₹345 crore, down 7.2% from ₹371 crore in FY25, on revenue from operations of ₹4,990 crore (up 8.6%). Over three years, from FY23, net profit was down 5.5%.
Asahi India Glass' dividend yield is 0.22% at the 29 October 2026 close: dividends of ₹2 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹911.65. They were ₹2 on 11 September 2026.
Promoters held 51.57% of Asahi India Glass on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Asahi India Glass generated ₹502 crore of cash from operations and spent ₹666 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹165 crore. In FY25 it was −₹545 crore.
On 30 September 2026, Asahi India Glass' shares were held by promoters 51.57%, foreign portfolio investors (FII/FPI) 4.60%, domestic institutions (DII) 5.17% (including mutual funds at 5.14%) and retail and other non-institutional investors 38.66%. Over the year, FII holding was down 0.27 percentage points from 4.87% and DII holding was unchanged.
On FY26 consolidated figures, against Belrise Industries, Ceat and Tenneco Clean Air India: Asahi India Glass' operating margin of 12.7% is the second highest of the four (Belrise Industries 8.3%, Ceat 8.6%, Tenneco Clean Air India 15.1%; peer average 10.7%); its return on equity of 10.4% is the lowest of the four (Belrise Industries 12.5%, Ceat 14.8%, Tenneco Clean Air India 50.4%; peer average 25.9%).
At the 29 October 2026 closing prices, on FY26 net profit, Asahi India Glass' PE ratio is 67.4, the highest of the four: Belrise Industries 37.7, Ceat 18.0 and Tenneco Clean Air India 28.6, a peer average of 28.1. Each is the company's market capitalisation at that price divided by its FY26 net profit.
Asahi India Glass will announce its Q2 FY27 results (July–September 2026) on Tuesday, 3 November 2026, the date of the board meeting it has notified to the exchanges.
In FY26, Asahi India Glass earned net profit of ₹345 crore on revenue of ₹4,990 crore, against ₹497 crore on ₹9,509 crore for Belrise Industries. Asahi India Glass' operating margin was 12.7% (Belrise Industries 8.3%) and its return on equity 10.4% (Belrise Industries 12.5%). At the 29 October 2026 close, Asahi India Glass' market capitalisation was ₹23,238 crore against ₹18,719 crore for Belrise Industries, and its PE ratio on FY26 profit 67.4 against 37.7.
From Asahi India Glass' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.