Glass Wall Systems (India)544913Earnings call transcript
Earnings call transcript for the quarter ended June 30, 2026: management outlines facade verticals and overseas markets
The transcript of the company's Q1 FY27 earnings call, held on October 7, 2026, has been put on record with the exchanges.
By ScoutQuest · · 2 min read
- Earnings Call Date
- held on October 7, 2026
- Quarter Covered
- quarter ended June 30, 2026
- Year of Founding / Business Start
- business starting in 2002
Transcript on record
- The update is the transcript of the Q1 FY27 earnings call, held on October 7, 2026, covering the financial results for the quarter ended June 30, 2026.
- Management on the call: Mr. Jawahar Hemrajani, Chairman and Whole-Time Director; Mr. Eshan Hemrajani, Managing Director and CEO; and Mr. Sanjay Sawant, Chief Financial Officer.
What management described
- The company calls itself a facade solution provider, operating in the industry for more than two decades, with the business starting in 2002 and founded by Mr. Jawahar Hemrajani.
- Facade covers everything on the exterior of a building: aluminium frames with glass, railings, louvers, ACP cladding, stone cladding, rain screen cladding, windows and doors, delivered as turnkey solutions.
- It says it works with Grade A developers and that its domestic order book is commercial, non-residential real estate, where the property is often already leased out.
The three business verticals
- Domestic facades: turnkey jobs covering engineering, manufacturing and installation, contracted directly with developers. Focus markets are Mumbai, Pune, Ahmedabad, Bangalore, Hyderabad, Gurgaon and Noida.
- International facades: engineering and manufacturing, with supply of a ready-to-install product. Clients are facade contractors in the US and Australia who hold the main contract and do the installation. Management said margins are slightly better here and the company does not hold project execution risk. This business started in 2022 with the US.
- Fenestration: premium doors and windows for ultra-luxury projects and residences, led by Mr. Amit Hemrajani. Engineering comes from partner companies in Europe, with exclusivity with several suppliers into India, followed by local assembly and installation. Management said a traditionally B2C base is now migrating towards B2B luxury projects.
Overseas expansion being explored
- Management said it is in Canada to develop that country as a possible market to export panels into.
- It is also heading to Israel next week, described as another country being explored closely to expand the international business.
Sustainability
- The company says it has its own products third-party audited and listed on the International EPD System, which it says makes them more sustainable than global average values, and it sees this as a play as developers become more conscious of sustainability.
Also from Glass Wall Systems (India)
Glass Wall Systems receives two Regular LOIs for façade work, order size up to INR 50 crore each
15 Oct 2026
CIN changed; listing status updated from No to Yes
7 Oct 2026
Glass Wall Systems files audio recording link of Oct 7, 2026 earnings call on Q1 FY2027 unaudited results
7 Oct 2026
More numbers
- Years the company has been in the facade business24 years
- Number of business verticalsthree business verticals
Source: BSE · 13 Oct 2026
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