Standard Glass Lining Technology Ltd
( Only Important points, please check valuations before buying , its not a buying Recommendation )
1- Specialized Engineering  equipment for pharma and chemical sector ( Glass lined, Stainless steel and Nickle and steel alloy based eng equipment ) 
PTFE lined pipelines and fittings 
SGLT is in Designing ,Engineering , manufacturing ,assembly , installation and commissioning  .
2- Capacity - 
8 manufacturing units 
last month added one one so total 9 
Existing - 4 lakh sq feet 
added 1 lakh sq feet more 
3- Business segment- 
Pharma 82% ( Good Growth)
Agrochemicals- 13% ( Slow Growth)
Others ( 5%)
Trying to enter in Beverages and Heavy Industry ( Hydrocarbon sector ) 
4- Export -
Fy 24 - 0.5% 
FY 25- Estimated 12-15% 
5-Market Size 
Market size is 25000 cr , SGLT is 3% of this market size.
6- New Capex-
 Greenfield - Total 9 lakh sq feet ( In Phases) 
First phase 3 lakh sq feet 
Next % years cpaex will be 100 cr 
7- AGI Japan Invested 170 cr for this capex 
40 cr used and 130 Cr In FD 
8- Total Indian Clients are around 6000 and SGLT clientele numbers are around 800 so big opportunity here , with growing Pharma sector company is bullish on Demand.
9- Order Book
current order book is around 400 cr but delivery of company is very fast so they don't have order book strategy 
10- Company is very bullish on its Business partner in USA and management believes that they are going to bring lot of international clients to Standard Glass.
11- Working capital days- 150 
Planning to bring down to 120 days 
12-Association with AGI Glass-
AGI is 70 yr old companies with presence in many countries ( 35 Countries)  for Glass lining equipment  and AGI is helping them with  Technology for specialized glass and Shell and tube heat exchanger.
13- Tie Up with AGI for Shell and Tube Heat Exchanger- 
Pharma industry is facing challenges due to black particles because of Graphite heat Exchanger 
Now SGIL is going to Launch ( By next May) Shell and Tube heat exchanger ( Technology is only with AGI across the world ) 
Expected business 1500 cr every year ( Plus Replacement ) 
Royalty to AGI - 4% for Domestic Business and 7% for International Business 
14- Focus is towards more Automation 
15- Capacity will be 3X in next 3 years and Sales growth will be 25% every year .
16- Margins- currently 18-19% but company believes that margin can be better going forward .
See This Video also -
Standard Glass Lining IPO: Price Band For Rs 600-Crore Issue Announced |... https://t.co/vFxiXFLDTf via @YouTube