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Sejal Glass Limited (IN:SEJALLTD)
:SEJALLTD
India Market
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Sejal Glass Limited (SEJALLTD) AI Stock Analysis

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IN:SEJALLTD

Sejal Glass Limited

(SEJALLTD)

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Neutral 50 (OpenAI - Gpt-5.6Sol)
Rating:50Neutral
Price Target:
₹646.00
▼(-24.44% Downside)
Action:Reiterated
Date:08/06/26
The score is held back primarily by weak cash generation (deeply negative free cash flow) and still-elevated leverage, despite meaningful improvements in revenue/profitability and a stronger equity base. Technical indicators also lean soft (negative MACD, RSI below 50, and price below key moving averages), while valuation appears moderate (P/E ~27.9) without dividend support.
Positive Factors
Strong Revenue Growth
The 63.2% revenue growth indicates materially expanding demand for Sejal Glass’s architectural and processed-glass offering. Sustained top-line expansion can improve capacity utilization, strengthen customer relationships, and provide a broader base for operating earnings over the next several quarters.
Negative Factors
Deeply Negative Free Cash Flow
Persistent negative free cash flow indicates that investment and working-capital requirements are consuming more cash than the business generates after operations. Even with positive operating cash flow in 2026, continued cash burn can pressure liquidity and limit internally funded expansion.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Revenue Growth
The 63.2% revenue growth indicates materially expanding demand for Sejal Glass’s architectural and processed-glass offering. Sustained top-line expansion can improve capacity utilization, strengthen customer relationships, and provide a broader base for operating earnings over the next several quarters.
Read all positive factors

Sejal Glass Limited (SEJALLTD) vs. iShares MSCI India ETF (INDA)

Sejal Glass Limited Business Overview & Revenue Model

Company Description
Sejal Glass Limited manufactures and sells value added glass in India and internationally. It offers solid, kool, tone, fort, armor, decor, fireban, body tinted, and pyrolytic coated solar control glass. The company was formerly known as Sezal Gla...
How the Company Makes Money
Sejal Glass Limited makes money primarily by selling processed/value-added architectural glass products and related services to customers in the construction ecosystem. Key revenue streams typically include: (1) sales of processed glass (e.g., tou...

Sejal Glass Limited Financial Statement Overview

Summary
Profitability and revenue have improved sharply in recent years (net income up to 287.4M in 2026; gross profit 1.06B), and equity strengthened materially (to 1.51B in 2026). However, financial risk remains elevated due to sizable debt (2.02B in 2026) and weak cash conversion: free cash flow is deeply negative (-620.7M in 2026) despite operating cash flow turning positive.
Income Statement
68
Positive
Balance Sheet
52
Neutral
Cash Flow
38
Negative
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue4.39B3.97B2.44B1.64B464.27M239.33M
Gross Profit1.36B1.06B950.91M575.86M159.54M54.92M
EBITDA703.61M614.70M339.68M203.80M29.09M1.49B
Net Income315.11M287.43M109.61M33.05M78.51M1.47B
Balance Sheet
Total Assets0.004.70B2.85B2.30B506.88M433.51M
Cash, Cash Equivalents and Short-Term Investments149.84M149.84M74.77M25.75M15.47M8.96M
Total Debt0.002.02B1.83B1.62B312.79M331.84M
Total Liabilities-1.52B3.18B2.46B2.01B366.92M372.06M
Stockholders Equity1.52B1.51B380.90M291.12M139.96M61.45M
Cash Flow
Free Cash Flow-89.05M-620.75M-140.28M-485.12M-42.28M-80.68M
Operating Cash Flow422.76M347.25M-56.96M-91.88M-26.73M-60.09M
Investing Cash Flow-752.27M-1.25B-3.59M-406.99M75.02M-18.57M
Financing Cash Flow337.43M972.71M90.66M486.32M-41.77M38.94M

Sejal Glass Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price855.00
Price Trends
50DMA
704.68
Negative
100DMA
735.52
Negative
200DMA
716.15
Negative
Market Momentum
MACD
-17.09
Positive
RSI
44.24
Neutral
STOCH
26.56
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SEJALLTD, the sentiment is Negative. The current price of 855 is above the 20-day moving average (MA) of 669.23, above the 50-day MA of 704.68, and above the 200-day MA of 716.15, indicating a bearish trend. The MACD of -17.09 indicates Positive momentum. The RSI at 44.24 is Neutral, neither overbought nor oversold. The STOCH value of 26.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:SEJALLTD.

Sejal Glass Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
74
Outperform
₹190.51B35.470.99%8.32%74.12%
66
Neutral
₹5.82B26.840.26%13.22%387.47%
62
Neutral
₹22.59B21.401.09%9.32%82.85%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
50
Neutral
₹7.08B22.3763.23%110.03%
49
Neutral
₹21.17B-68.140.99%28.75%98.71%
47
Neutral
₹14.83B65.702.50%18.50%-67.27%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:SEJALLTD
Sejal Glass Limited
652.05
-101.70
-13.49%
IN:ASIANTILES
Asian Granito India Limited
49.91
-9.41
-15.86%
IN:KAJARIACER
Kajaria Ceramics Limited
1,215.20
-8.86
-0.72%
IN:NITCO
Nitco Limited
85.73
-27.92
-24.57%
IN:ORIENTBELL
Orient Bell Limited
382.40
75.62
24.65%
IN:SOMANYCERA
Somany Ceramics Limited
555.80
73.89
15.33%

Sejal Glass Limited Corporate Events

Sejal Glass Founder to Feature on NDTV Profit’s Small-Cap Show
Jul 23, 2026
Sejal Glass Limited has notified exchanges that its founder and promoter, Amrut S. Gada, will appear in a televised interview on NDTV Profit’s ‘The Small Cap Buzzers’ on July 24, 2026, at 1:40 p.m. The interaction will focus on p...
Sejal Glass Files SEBI Demat Compliance Certificate for June Quarter
Jul 9, 2026
Sejal Glass Limited has submitted a compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended June 30, 2026, confirming adherence to dematerialisation procedures. Its registr...
Sejal Glass Sets July 18, 2026 for 28th AGM, Opens Remote E-Voting Window
Jun 25, 2026
Sejal Glass Limited has scheduled its 28th Annual General Meeting for July 18, 2026, at 11:00 a.m. IST in physical mode at a venue in Kandivali (West), Mumbai, and has circulated its annual report for the financial year 2025-26 to shareholders via...
Sejal Glass Sets July 18 Date and Book Closure for 28th AGM
Jun 25, 2026
Sejal Glass Limited has scheduled its 28th Annual General Meeting to be held physically in Mumbai on July 18, 2026, at 11:00 a.m. IST, in line with applicable corporate and securities regulations. The meeting will review matters relating to the fi...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 06, 2026