Asahi India Glass (AIS) board has approved a significant capacity expansion plan with an overall capex of up to ₹2,000 crores. This investment will focus on green-field capacity expansions in float, coatings, and processing businesses. The board expressed satisfaction with the performance of recent expansions in both automotive and architectural segments. The meeting concluded on January 30, 2026.
Capacity Expansion Approval
The Board of Directors has approved an overall capital expenditure (capex) of up to ₹2,000 crores for the next phase of green-field capacity expansions. This expansion will target float, coatings, and processing businesses, supporting the company’s integrated value-added strategy.
Performance and Expansions
The Board expressed its satisfaction with the better-than-budgeted performance of recent expansions in both the automotive and architectural segments. The third float glass plant at Soniyana (Rajasthan) has stabilized and is fully utilized for in-house raw glass requirements for automotive glass business. Other expansions are also progressing satisfactorily.
Financial Performance: Q3 2026
Asahi India Glass reported revenue from operations of ₹117,698 lakhs for Q3 2026. The profit before tax for the period stood at ₹13,467 lakhs. Net profit for the period was reported as ₹10,320 lakhs.
Segment Performance
Segment wise, Automotive Glass revenue stood at ₹85728 Lakhs, while Float Glass revenue was ₹47335 Lakhs. Segment assets for Automotive Glass were ₹326417 Lakhs and for Float Glass stood at ₹381130 Lakhs.
The results were approved at the board meeting held on January 30, 2026.
Source: BSE