La Opala RG Limited is a leading manufacturer and marketer of glass and glassware products in India and internationally, specializing in tablewares (opal and glass). The company was incorporated in 1987 and is headquartered in Kolkata, India, with promoters Sushil Jhunjhunwala and Ajit Jhunjhunwala leading the organization.
Opal glass making, first perfected in France, was transplanted to India in 1988 by LaOpala, marking a significant milestone in the national glass industry. Since then, the company has made it its mission to bring the beauty of opal glass home to Indians and has created waves in the lifestyle market. The company has established itself as a prominent player in the glassware segment with a strong focus on quality and innovation.
La Opala RG offers an extensive range of products across multiple categories. The company's opal glass tableware products include plates, bowls, dinner sets, cup and saucer sets, coffee mugs and cups, tea and soup sets, and dessert sets, while its crystalware products comprise barware, vases, bowls, and stemware. The company also manufactures ceramic products such as dinner sets, tea sets, and kitchenware, and is involved in the production of lifestyle products such as bathroom accessories, vases, and other decorative items.
The company markets its products under several well-established brands including La Opala, Diva from La Opala, Solitaire crystal, and Cook Serve Store Borosilicate. La Opala RG Ltd also operates popular brands such as La Opala, La Opala Royale, and La Opala Grand, catering to various market segments with products known for their quality and durability.
The company operates sophisticated manufacturing facilities with significant production capacity. La Opala entered the crockery market and introduced a wide range of opalware with a capacity of 688 tonnes per annum at Madhupur Bihar. The company has continuously expanded its manufacturing capabilities, with a second additional furnace and press line installed at the Sitargunj Plant in 2015, followed by the grand launch of "SOVRANA" and "QUADRA" products and the establishment of a Decal Plant at the Sitargunj facility in 2016.
Recent developments include the capacity increase of the second furnace in 2018, the launch of the Cosmo Collection catering to the HORECA segment (Hotels, Restaurants & Caterers), and the commissioning of the Sitargunj facility through a mix of debt and internal accruals in 2019.
La Opala RG has established a strong international presence, exporting its products to approximately 40 countries. The Kolkata-based company has built a wide network of dealers and retailers supported by a large marketing field force, enabling effective distribution across domestic and international markets.
The company's financial performance demonstrates steady growth and strong fundamentals.
For Q4 FY25, La Opala reported revenue of INR 77.10 crores and PAT of INR 25.69 crores. For the full financial year FY25, the company achieved revenue of INR 331.86 crores and PAT of INR 96.58 crores. The company recommended a dividend of Rs.7.50 per share for FY25 as of May 30, 2025.
• Market Capitalization: ₹2,916 crores (as per recent data)
• Revenue (FY25): ₹331.86 crores
• Profit After Tax (FY25): ₹96.58 crores
• Revenue Growth: The company has delivered a sales growth of 4.21% over the past five years
• Financial Health: The company is almost debt-free
• Return on Equity (ROE): La Opala RG reported an ROE of 15.71% for the last reported financial year on a consolidated basis
• Promoter Holding: 65.6%
• FII Holding: 1.8%
• DII Holding: 19.4%
• Public Holding: 13.2%
As of the last reported quarter, the shareholding pattern shows Promoters holding 65.6%, FII holding 1.8%, DII holding 19.4%, and the public holding 13.2% of total shares. There is no promoter pledging in La Opala RG Ltd.
In 2013, La Opala was awarded the prestigious Economic Times Bengal Corporate Awards for the Best Entity in Innovation in Business Model, recognizing the company's innovative approach to business and market leadership.
Past 10-year financial track record analysis indicates that La Opala RG Ltd is a good quality company, with current valuation ratios suggesting it is in the somewhat undervalued zone. The company has a market capitalization of ₹2,697 crores as of May 16, 2025, and is classified as a Small Cap company.
La Opala RG Limited continues to strengthen its position as India's leading glassware and lifestyle products manufacturer, with a strong brand portfolio, expanding manufacturing capabilities, and growing international presence. The company's debt-free status and consistent dividend payments reflect its financial stability and commitment to shareholder returns.
