Asahi India Glass Limited (AIS) announced robust financial results for the second quarter and first half of fiscal year 2027. The company reported a substantial 36.9% year-on-year increase in total income for Q2 FY27, reaching ₹1,591.0 crore. EBITDA also saw a significant surge of 76.4% YoY to ₹351.4 crore, with EBITDA margins expanding to 22.1%. For the half-year ended September 30, 2026, total income grew by 25.3% YoY to ₹3,010.1 crore, and EBITDA increased by 69.5% YoY to ₹682.0 crore.
Asahi India Glass Reports Strong Q2 and H1 FY27 Financial Performance
Asahi India Glass Limited (AIS), a leading integrated glass solutions provider, has announced its unaudited consolidated financial results for the quarter and half-year ended September 30, 2026. The company has showcased impressive growth across key financial metrics.
Q2 FY27 Highlights
For the second quarter of FY27 (Q2 FY27), AIS reported a strong 36.9% year-on-year (YoY) revenue growth, with total income reaching ₹1,591.0 crore, up from ₹1,162.2 crore in Q2 FY26. EBITDA witnessed an even more substantial increase of 76.4% YoY, growing to ₹351.4 crore from ₹199.2 crore in the prior year period. Consequently, EBITDA margins improved significantly to 22.1% in Q2 FY27, compared to 17.1% in Q2 FY26. Profit After Tax (PAT) grew by an impressive 187.5% YoY to ₹167.3 crore, with PAT margins steady at 10.5%.
H1 FY27 Performance
In the first half of fiscal year 2027 (H1 FY27), AIS continued its growth trajectory. Total income stood at ₹3,010.1 crore, marking a 25.3% YoY increase from ₹2,401.7 crore in H1 FY26. EBITDA for H1 FY27 rose by 69.5% YoY to ₹682.0 crore, up from ₹402.3 crore in the previous year. EBITDA margins for the half-year were 22.7%, an improvement from 16.8% in H1 FY26. PAT for H1 FY27 surged by 180.0% YoY to ₹316.4 crore.
Key Business Drivers
The company attributed its strong performance to several factors. In the automotive glass segment, higher volumes were driven by robust passenger vehicle demand. The float glass segment saw improved realisations due to a better product mix and operational efficiencies. Despite elevated COGS, including energy costs, the impact was mitigated by renewable energy procurement and operational efficiencies. The expansion of Phase III tempered operations at Patan and increased laminated capacities at Chennai also contributed to the growth. The company also supported its OEM customers with 12 new model launches during the quarter.
Management Commentary
Mr. Sanjay Labroo, Chairman & Managing Director of Asahi India Glass Limited, expressed satisfaction with the results, stating, “I am pleased to share that Q2 FY27 has been our best-ever quarter of financial performance.” He highlighted the sustained strategy of value addition and integration as key to the healthy financial performance amidst global uncertainties. He also noted investments in capacity expansion, new technology, and strengthening vertical integration as drivers for future growth.
Segment Revenue Breakdown
The segment revenue for Q2 FY27 shows Automotive Glass contributing ₹1,065.9 crore (up 30.8% YoY), Float Glass at ₹608.1 crore (up 58.4% YoY), and Others at ₹244.3 crore (up 29.8% YoY). For H1 FY27, Automotive Glass revenue was ₹2,015.2 crore (up 26.6% YoY), Float Glass was ₹1,153.3 crore (up 49.7% YoY), and Others stood at ₹468.6 crore (up 16.1% YoY).
Source: BSE
