HRS Aluglaze Q1: ₹25.5 cr orders, ₹112.3 cr book
Routine quarterly update: execution of ₹14.1 cr, subsidiary Geotrix begins with ₹0.8 cr revenue. All figures in line with recent trends.
What's new
- Order inflow of ₹25.5 cr in Q1FY27.
- Subsidiary Geotrix starts commercial ops, ₹6.9 cr orders.
- New factory construction on track with IPO funds.
Why this matters
For a ₹472 cr market cap company at a 46.2 P/E, these numbers confirm existing momentum but don't add a new catalyst. Geotrix's debut was anticipated and remains modest.
What we're watching
- Execution pace relative to order book (₹14.1 cr vs ₹112.3 cr).
- Geotrix scaling beyond ₹6.9 cr in orders.
- Impact of new facility on margins.
The full read
HRS Aluglaze's Q1 business update is a routine operational disclosure. The unexecuted order book stands at ₹112.3 crore, with fresh inflows of ₹25.5 crore. Execution came in at ₹14.1 crore. Subsidiary Geotrix, which started commercial operations in April, generated ₹0.8 crore in revenue and booked ₹6.9 crore in new orders, ending with an order book of ₹6.1 crore. The new manufacturing facility funded by IPO proceeds is on schedule. For a company with a market cap of ₹472 crore and a P/E of 46.2, these numbers confirm current momentum without adding a new catalyst.
Questions answered
- What was the order inflow in Q1?
- HRS Aluglaze booked fresh orders worth ₹25.5 crore in the quarter ended June 2026.
- What is the unexecuted order book?
- It stood at ₹112.3 crore as of June 30, providing visibility into future revenue.
- How did Geotrix perform in its first quarter?
- Geotrix generated ₹0.8 crore revenue and secured ₹6.9 crore new orders, ending with a ₹6.1 crore order book.
- Is the new manufacturing facility on schedule?
- Construction is progressing as planned, funded by IPO proceeds. No completion date was given.
- What is the company's current valuation?
- It has a market cap of ₹472 crore and a trailing P/E of 46.2.