Скачать или смотреть Sejal Glass Q2 FY26 results analysis | Why Revenue Rose but Costs Spiked?

Hi, I'm Mitasha.
Sejal Glass posted a sharp revenue jump in Q2FY26, but why did costs rise even faster? And does this quarter strengthen the turnaround story or expose new risks? Let’s decode the numbers clearly.
In this video, we break down Sejal Glass Limited’s Q2 FY26 financial results using the company’s official quarterly report and a simple, beginner-friendly explanation of what changed this quarter. We look at revenue growth, margin pressure, rising finance costs, working capital stress, and the impact of the newly acquired Glasstech business, all with clear breakdowns and real numbers.
This analysis helps you understand why revenue increased, why operating expenses spiked, and whether this performance actually supports the long-term recovery narrative. We also explore the increasing role of Sejal’s UAE operations, changes in borrowings, inventory buildup, and how rising lease liabilities impacted consolidated results. All insights are directly taken from Sejal Glass Limited’s Q2 FY26 financial statements.

Saint-Gobain × Sejal Glass: The New Exclusive Partnership

One of the biggest developments around Sejal Glass is its exclusive Propel Project Participation Agreement with Saint-Gobain, announced in November 2025.
Saint-Gobain is a 350+ year old founded in 1665 global glass leader, will supply high-performance base glass, while Sejal will carry out all value-addition work such as toughening, laminating, fire-rating, architectural cutting, and ready-to-install fabrication.

Saint-Gobain previously bought Sejal’s old float-glass plant during their near-bankruptcy phase.
Today, Saint-Gobain is partnering again, showing trust in Sejal’s upgraded capability.
Sejal becomes Saint-Gobain’s preferred manufacturing partner for advanced glass solutions.
Sejal gains brand prestige, guaranteed premium orders, technology + training, and UAE + India project access.
Saint-Gobain gains a local, fast, cost-efficient manufacturing partner for architectural projects.

This collaboration strengthens Sejal’s long-term demand visibility, improves future utilization potential, and places the company in a better position within India’s and GCC’s premium architectural glass market.

If you’re a stock market learner, this video gives you a structured, research-backed view of the business, not predictions, not tips, just fundamentals explained with clarity.

What You Will Learn in This Video:

Q2FY26 revenue performance explained with segment data.
Why operating expenses increased sharply (material + employee + finance cost)?
Margin comparison vs previous quarters.
Turnaround signals vs areas of concern.
Impact of Glass tech acquisition on current results.
UAE subsidiary: revenue, PAT contribution, and cash flow insights .
Sejal Glass q2fy26 result detail analysis and explained.
Inventory, receivables, and working capital changes.
Saint-Gobain × Sejal partnership impact on future demand.
Risks: debt increase, reserves, H1 weakness vs Q2 strength.
Borrowings, lease liabilities, and cash flow movements.
Whether the quarter shows sustainable improvement or short-term spikes.
Simple framework to read any quarterly result.
How to think about Sejal’s pre-growth-phase outlook?

Data Sources:
Sejal Glass Q2 FY26 Result: https://shorturl.at/bdHlj

Disclaimer:
This video is for educational and research purposes only. It is NOT buy or sell advice . I am not a SEBI registered advisor. Please do your own due diligence or consult a SEBI-registered financial advisor before making any investment decisions.

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