Small-cap stock hits upper circuit after Q4 results 2026
HRS Aluglaze shares rose 6% to ₹239 after reporting strong financial results for FY26, with revenue of ₹67.53 crore, up 60.36%. EBITDA grew 70.02% to ₹18.26 crore, and profit after tax increased 98.56% to ₹10.21 crore, driven by robust project execution.
Shares of HRS Aluglaze, an Ahmedabad-based company engaged in the design, manufacturing, and installation of aluminium products, closed 6% higher at ₹239 apiece on BSE in Friday’s trade, May 22, after the company reported a strong consolidated financial performance for the half-year and full year ended March 31, 2026.
During H2 FY26, the company reported consolidated revenue from operations of ₹41.20 crore, registering a growth of 89.25% compared to ₹21.77 crore reported in the corresponding period last year.
Consolidated EBITDA for H2 FY26 stood at ₹9.79 crore, compared with ₹3.80 crore in H2 FY25, reflecting a growth of 157.63%.
Consolidated profit after tax stood at ₹5.68 crore, compared with ₹1.38 crore in H2 FY25, registering a sharp growth of 311.59% YoY. The strong performance was driven by healthy execution across projects and steady demand in its core business segments.
Strong growth continues in FY26
The company also delivered healthy growth in its full-year financial performance for FY26. Consolidated revenue from operations for FY26 stood at ₹67.53 crore, compared with ₹42.11 crore in FY25, registering a growth of 60.36% year-over-year.
Consolidated EBITDA for FY26 stood at ₹18.26 crore, against ₹10.74 crore in the previous year, reflecting a growth of 70.02%. Consolidated profit after tax increased to ₹10.21 crore in FY26 from ₹5.14 crore reported in FY25, marking a growth of 98.56% YoY.
The company said it continued to witness strong momentum during the year, supported by timely execution and delivery of projects across its order book.
Commenting on the performance, Rupesh Shah, Managing Director of HRS Aluglaze Ltd., said, “FY26 has been a strong year for HRS Aluglaze as we continued to strengthen our execution capabilities and expand our business operations.”
“During the year, we secured multiple new orders across residential, commercial, and industrial projects, which reflects growing client confidence in our capabilities and delivery standards. We also initiated the development of our new manufacturing facility at Rajoda, Ahmedabad, with an estimated investment of around ₹16 crore,” he further added.
Incorporated in 2012, HRS Aluglaze Ltd. is engaged in the design, manufacturing, and installation of aluminium products, including windows, doors, curtain walls, cladding, and glazing systems.
The company provides both standard and customised solutions to builders, contractors, architects, and institutions, along with material supply and procurement support.
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Ksheera Sagar has been working as a Market Research Analyst at LiveMint for the past four years, covering stocks, commodities, and broader financial markets. In this role, he closely tracks daily market movements, corporate earnings, sector trends, and macroeconomic developments. <br><br> He has over a decade of experience in the financial services industry and has previously worked with multiple organisations, including global investment bank J.P. Morgan, bringing strong research experience into the newsroom. <br><br> During his career, he has gained extensive exposure to equity research, market analysis, and financial data interpretation, strengthening his expertise across asset classes and market cycles. <br><br> He is known for his data-driven analysis and crisp, listicle-style market stories that break down complex financial developments across key markets for a wide audience. His strong research skills enable him to write detailed and insightful stories on stocks and sectors, focusing on the underlying factors driving market movements. <br><br> His work combines quantitative insights with clear storytelling, presenting financial developments in a clear and structured manner. Moreover, he enjoys writing multibagger and listicle-style copies. Outside of work, Ksheera enjoys playing the piano and exploring new places. He has a keen interest in travel, music, and continuously learning about global markets and economic trends.
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