H1 FY27 business update: revenue ₹ 113.57 Cr, up 18.84% YoY; Howrah plant work progresses

H1 FY27 business update.

Tue 6 Oct 2026

H1 FY27 Revenue

₹ 113.57 Cr, up 18.84% YoY

Thin wall container capacity as on September 30, 2026

665 MT/month

Export share of H1 FY27 revenue

26%; 30+ countries

What the update reports

• Revenue for H1 FY27 is stated at ₹ 113.57 Cr, with 18.84% growth over the year-ago period.
• The company says it continued to focus on capacity expansion, product innovation and operational efficiency during the period.

The business: Glen Industries makes eco-conscious food packaging and service products for the HoReCa, QSR, food and beverage, sweets and dairy industries. Its range covers thin wall food containers, PLA (Polylactic Acid) straws, paper straws and U-shape straws, made at a 90,000 sq. ft. facility in Dhulagarh, Howrah, West Bengal, with integrated manufacturing, printing and packaging.

Capacity as on September 30, 2026

• Thin wall containers: 665 MT/month
• PLA straws: 160 MT/month
• Paper straws: 95 MT/month
• Capacity utilisation (thin wall containers) in H1 FY27: 3133 MT

Footprint

• Serves 40+ recurring international customers across 30+ countries, including the US, Canada, the EU, UK, Australia, the Middle East and Africa.
• Export share of revenue in H1 FY27: 26%.
• Domestic presence across 26 states and 80+ cities.

Expansion and product plans

• Work is progressing on the new manufacturing facility in Howrah, which will add thermoforming and paper cup capabilities to the company's portfolio.
• The company will introduce paper and thermoforming based disposable solutions, supplementing the existing range of thin wall food containers, PLA straws and paper straws across different product categories.

Certifications mentioned

The update lists FSSC 22000, ISO 9001:2015, ISO 14001:2015, HACCP, FSC and SEDEX 4-Pillar, with paper straws made from FSC-certified paper and compliant with USFDA standards.

Management commentary

Chairman Mr. Lalit Agrawal said the company has grown into a supplier of thin wall food containers and eco-friendly straws since pivoting to food-grade packaging in 2019, and that the new Howrah facility together with entry into paper and thermoforming products will expand capacity and product range.

Points to keep in mind

• The update carries a note that the figures mentioned are management estimates and are subject to final audit adjustments.
• The document also carries a forward-looking statement disclaimer, which states that such statements are subject to risks and uncertainties and that actual results could differ materially.

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