Standard Glass Lining Technology Ltd Share Price – NSE /  BSE

Capital Goods-Non Electrical Equipment, Small Cap

Standard Glass Lining Technology is launching a new product: Glass Lined Shell and Tube Heat Exchangers, effective from 14 May 2025.The product has been developed in collaboration with AGI Group, Japan, utilizing their advanced technology. It is designed to overcome the limitations of conventional graphite heat exchangers by providing enhanced durability, corrosion resistance, and operational safety for critical process applications.

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AGI is a global leader in advanced glass-engineered systems, offering solutions for the pharmaceutical, biotech, and chemical sectors. Its sister company, GL HAKKO, focuses on high-quality glass-lined reactor and heat exchanger technologies.

The collaboration would grant the company an exclusive 20-year license to assemble and market GL HAKKO?s world-class glass-lined shell and tube heat exchangers in India.

India?s pharmaceutical and chemical industries have long relied on graphite heat exchangers. In contrast, glass-lined shell and tube heat exchangers deliver superior durability, corrosion resistance, and process safety, representing a game-changing upgrade for critical process applications.

The latent Indian market alone is estimated to be about Rs 2,000 crore at current estimated sales price of this product, while the global opportunity estimates exceed $2 billion. Standard Glass has already secured 150 advance orders ahead of domestic production.

Nageswara Rao Kandula, managing director of SGLTL, said: ?We are deeply honoured to partner with AGI and GL HAKKO, a group with a legacy spanning over 75 years in glass technology. Until now, this highly specialized equipment was entirely imported. We are now proud to become the first and only manufacturer of this advanced product in India.

Manufacturing of this product in India is estimated to commence by Q4 FY26 at our upcoming world-class, highly mechanised facility, with an initial estimated capacity of about 200 units per month.

In a parallel initiative, SGLTL has also signed an exclusive agreement with GL HAKKO to produce conductivity glass-lined reactors?a first for India.

Standard Glass Lining Technology is an integrated manufacturer of high-end pharmaceutical and chemical process equipment. With an innovation-driven approach, the company offers everything from standalone equipment to turnkey projects.

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Standard Glass Lining Technology will hold a meeting of the Board of Directors of the Company on 23 May 2025.

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AGI is a global leader in advanced glass-engineered systems, offering solutions for the pharmaceutical, biotech, and chemical sectors. Its sister company, GL HAKKO, focuses on high-quality glass-lined reactor and heat exchanger technologies.

The collaboration would grant the company an exclusive 20-year license to assemble and market GL HAKKO?s world-class glass-lined shell and tube heat exchangers in India.

India?s pharmaceutical and chemical industries have long relied on graphite heat exchangers. In contrast, glass-lined shell and tube heat exchangers deliver superior durability, corrosion resistance, and process safety, representing a game-changing upgrade for critical process applications.

The latent Indian market alone is estimated to be about Rs 2,000 crore at current estimated sales price of this product, while the global opportunity estimates exceed $2 billion. Standard Glass has already secured 150 advance orders ahead of domestic production.

Nageswara Rao Kandula, managing director of SGLTL, said: ?We are deeply honoured to partner with AGI and GL HAKKO, a group with a legacy spanning over 75 years in glass technology. Until now, this highly specialized equipment was entirely imported. We are now proud to become the first and only manufacturer of this advanced product in India.

Manufacturing of this product in India is estimated to commence by Q4 FY26 at our upcoming world-class, highly mechanised facility, with an initial estimated capacity of about 200 units per month.

In a parallel initiative, SGLTL has also signed an exclusive agreement with GL HAKKO to produce conductivity glass-lined reactors?a first for India.

Standard Glass Lining Technology is an integrated manufacturer of high-end pharmaceutical and chemical process equipment. With an innovation-driven approach, the company offers everything from standalone equipment to turnkey projects.

Powered by Capital Market - Live News

Standard Glass Lining Technology will hold a meeting of the Board of Directors of the Company on 23 May 2025.

Powered by Capital Market - Live News

Net profit of Standard Glass Lining Technology rose 25.02% to Rs 14.99 crore in the quarter ended December 2024 as against Rs 11.99 crore during the previous quarter ended December 2023. Sales rose 1.81% to Rs 140.14 crore in the quarter ended December 2024 as against Rs 137.65 crore during the previous quarter ended December 2023.

Powered by Capital Market - Live News

Standard Glass Lining Technology is launching a new product: Glass Lined Shell and Tube Heat Exchangers, effective from 14 May 2025.The product has been developed in collaboration with AGI Group, Japan, utilizing their advanced technology. It is designed to overcome the limitations of conventional graphite heat exchangers by providing enhanced durability, corrosion resistance, and operational safety for critical process applications.

Powered by Capital Market - Live News

AGI is a global leader in advanced glass-engineered systems, offering solutions for the pharmaceutical, biotech, and chemical sectors. Its sister company, GL HAKKO, focuses on high-quality glass-lined reactor and heat exchanger technologies.

The collaboration would grant the company an exclusive 20-year license to assemble and market GL HAKKO?s world-class glass-lined shell and tube heat exchangers in India.

India?s pharmaceutical and chemical industries have long relied on graphite heat exchangers. In contrast, glass-lined shell and tube heat exchangers deliver superior durability, corrosion resistance, and process safety, representing a game-changing upgrade for critical process applications.

The latent Indian market alone is estimated to be about Rs 2,000 crore at current estimated sales price of this product, while the global opportunity estimates exceed $2 billion. Standard Glass has already secured 150 advance orders ahead of domestic production.

Nageswara Rao Kandula, managing director of SGLTL, said: ?We are deeply honoured to partner with AGI and GL HAKKO, a group with a legacy spanning over 75 years in glass technology. Until now, this highly specialized equipment was entirely imported. We are now proud to become the first and only manufacturer of this advanced product in India.

Manufacturing of this product in India is estimated to commence by Q4 FY26 at our upcoming world-class, highly mechanised facility, with an initial estimated capacity of about 200 units per month.

In a parallel initiative, SGLTL has also signed an exclusive agreement with GL HAKKO to produce conductivity glass-lined reactors?a first for India.

Standard Glass Lining Technology is an integrated manufacturer of high-end pharmaceutical and chemical process equipment. With an innovation-driven approach, the company offers everything from standalone equipment to turnkey projects.

Powered by Capital Market - Live News

Standard Glass Lining Technology will hold a meeting of the Board of Directors of the Company on 23 May 2025.

Powered by Capital Market - Live News

AGI is a global leader in advanced glass-engineered systems, offering solutions for the pharmaceutical, biotech, and chemical sectors. Its sister company, GL HAKKO, focuses on high-quality glass-lined reactor and heat exchanger technologies.

The collaboration would grant the company an exclusive 20-year license to assemble and market GL HAKKO?s world-class glass-lined shell and tube heat exchangers in India.

India?s pharmaceutical and chemical industries have long relied on graphite heat exchangers. In contrast, glass-lined shell and tube heat exchangers deliver superior durability, corrosion resistance, and process safety, representing a game-changing upgrade for critical process applications.

The latent Indian market alone is estimated to be about Rs 2,000 crore at current estimated sales price of this product, while the global opportunity estimates exceed $2 billion. Standard Glass has already secured 150 advance orders ahead of domestic production.

Nageswara Rao Kandula, managing director of SGLTL, said: ?We are deeply honoured to partner with AGI and GL HAKKO, a group with a legacy spanning over 75 years in glass technology. Until now, this highly specialized equipment was entirely imported. We are now proud to become the first and only manufacturer of this advanced product in India.

Manufacturing of this product in India is estimated to commence by Q4 FY26 at our upcoming world-class, highly mechanised facility, with an initial estimated capacity of about 200 units per month.

In a parallel initiative, SGLTL has also signed an exclusive agreement with GL HAKKO to produce conductivity glass-lined reactors?a first for India.

Standard Glass Lining Technology is an integrated manufacturer of high-end pharmaceutical and chemical process equipment. With an innovation-driven approach, the company offers everything from standalone equipment to turnkey projects.

Powered by Capital Market - Live News

Standard Glass Lining Technology will hold a meeting of the Board of Directors of the Company on 23 May 2025.

Powered by Capital Market - Live News

Net profit of Standard Glass Lining Technology rose 25.02% to Rs 14.99 crore in the quarter ended December 2024 as against Rs 11.99 crore during the previous quarter ended December 2023. Sales rose 1.81% to Rs 140.14 crore in the quarter ended December 2024 as against Rs 137.65 crore during the previous quarter ended December 2023.

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