Top Glass Manufacturing Companies in India

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Thanks to the push from the infrastructure sector & home-based solutions; the glass business is one of the growing businesses in India.  With the government schemes like Made-in-India, there are multiple sectors that have started their manufacturing units in India and the glass manufacturing industry is also of them.

Indian glass market is expected to be a revenue of USD 4629.8 Million by 2028. Market is expected to grow with a CAGR of 6.42% During 2021-2030.

There are multiple companies as below have their establishment in India :-

1. Asahi India Glass Ltd

Asahi India Glass Ltd (AIS) is one of the major brands India as a glass manufacturer. Established on 10 Dec 1984, offering varied types of glass products & services for institutional buyers as well as retail customers.

The company has glass products in Automotive, Architectural, windshields, windows etc. 

Operating RevenueOver INR 500 cr
EBITDA -0.95 %
Networth 10.67 %
Debt/Equity Ratio0.82
Return on Equity9.34 %

CIN number : L26102DL1984PLC019542

Purchase financial report.

2.    Borosil Renewables Ltd

Borosil Renewables Ltd is one of the major brands in India. Company was formed on 14 December 1962 by Mr Lele. Presently company has factory in Bharuch, Gujarat.

The company is the major manufacturer in patterned glass and low-iron solar glass for photovoltaic (PV) panels.

Operating RevenueOver INR 500 cr
EBITDA 441.67 %
Networth 88.26 %
Debt/Equity Ratio0.10
Return on Equity14.59 %

CIN number : L26100MH1962PLC012538

Purchase financial report.

3.    La Opala RG Ltd

La Opala RG Ltd is one of the major brands in India. This company was formed on 11 June 1987. Mr. Sishil Jhunjhunwala and Mr. Ajit Jhunjhunwala  is/was one of the major promoters of this company. The company is engaged in manufacturing and marketing of opal glass tableware and crystalware products in India and internationally.

Opal glass tableware products include Plates, Bowls, Dinner Sets, Cup-Saucer sets, Coffee Mugs Cups, Tea and Soup Sets, Pudding Dessert sets Crystalware products.

Operating RevenueINR 100 cr – 500 cr
EBITDA -7.00 %
Networth 3.02 %
Debt/Equity Ratio0.01
Return on Equity15.46 %

CIN number : L26101WB1987PLC042512

Purchase financial report.

4.    Saint-Gobain Sekurit India Ltd

Saint-Gobain Sekurit India Ltd is another major play in glass manufacturing in India. The company was formed in 11 November 1973 and is subsidiary organization of Compagnie de Saint-Gobain ( of Paris).

Company is one of the leading car glazing manufacturer in India. Laminated Windshields, Tempered Side Glasses, Backilites, Door Glasses, Quarter Glasses, Sliding Windows, Rear Side Fix Glasses.

Operating RevenueINR 100 cr – 500 cr
EBITDA -26.47 %
Networth 11.10 %
Debt/Equity Ratio0.02
Return on Equity10.38 %

CIN number : L26101MH1973PLC018367

Purchase financial report.  

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