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AGI Greenpac maintains growth momentum in H1 FY26
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Friday, 24 October, 2025, 12 : 00 PM [IST]
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Our Bureau, Mumbai
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AGI Greenpac Limited, India's largest glass container company, reported a robust H1 FY26 performance for the period ended September 30, 2025. For H1 FY26, revenue grew 11% year-on-year to 1,289 crore, while net profit rose 22% YoY to 165 crore. EBITDA for the period stood at 330 crore, representing a 5% increase compared to the same period last year. In Q2 FY26, the company recorded revenue from operations of 602 crore, a net profit of 76 crore, and EBITDA of 154 crore.
Amid rising domestic and international demand, AGI Greenpac has undertaken a series of strategic capacity expansion initiatives since March 2025. The upcoming glass containers greenfield plant in Madhya Pradesh, expected to be operational within the next 18 months, will add 500 TPD — a 30% increase in total capacity — enabling the company to better serve the growing demand, particularly across North India.
A new manufacturing plant in Uttar Pradesh will mark AGI Greenpac’s first foray into the aluminum cans segment, a rapidly growing market complementing the company’s existing glass packaging business. The facility is being developed in two phases and is expected to be operational by Q3 FY28, with an initial annual production capacity of 950 million cans, expanding to 1.6 billion cans by FY30.
In September 2025, the company also announced an expansion at its existing container glass facility, increasing capacity from 1,850 tonnes per day (TPD) to 1,900 TPD, along with a scale-up of its specialty glass capacity from 154 TPD to 200 TPD, expected to be operational by March 2026. Together, these initiatives form a clear roadmap for sustained growth, diversification, and leadership in sustainable packaging solutions.
Commenting on the results and strategic developments, Sandip Somany, chairman and managing director, AGI Greenpac Limited said, “AGI Greenpac is positioned for a strong multi-year growth trajectory, underpinned by a solid H1 FY26 performance. As we move into the next phase of expansion, our focus remains on expanding capacity, diversifying into high-potential segments, and driving operational excellence.”
He added, “With multiple capacity expansion projects underway and new facilities being developed, we are building a future-ready, diversified business. These strategic investments will expand our reach, strengthen our competitiveness, and reinforce AGI Greenpac’s position as a leading packaging solutions provider. We remain committed to creating long-term value through innovation, quality, and disciplined execution.”
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