What we do La Opala RG Ltd manufactures and markets opal glass and crystal glass tableware and barware, serving Indian households and the HORECA segment with elegant, affordable products. |
Founded in 1,987 |
Market share Leader in opal glass tableware in India with pan-India presence and exports to over 40 countries. |
Problem solved Provides durable, stylish, and affordable glassware solutions for everyday dining and hospitality needs. |
Top clients or who we serve B2C households, B2B clients including Hotels, Restaurants, Caterers (HORECA), and international markets. |
Key management Sushil Jhunjhunwala (Chairman), Ajit Jhunjhunwala (Vice Chairman & MD), Nidhi Jhunjhunwala (Executive Director). |
Our journey and innovations Pioneered opal glass in India (1987), introduced lead crystalware (1996), expanded capacity through modern plants, and launched popular collections like Diva and Solitaire. |
Where we operate Manufacturing in Uttarakhand and Jharkhand; sales across India and export presence in East Asia and Africa. |
Top products or what we offer Opalware and crystal glassware including dinner sets, barware, tea/coffee sets under brands La Opala, Diva, and Solitaire. |
Top brands La Opala (flagship opalware), Diva (premium opalware), Solitaire (24% lead crystalware) - all market leaders in their segments. |
Raw materials needed Raw materials include silica and lead oxide for opal and lead crystal glass manufacturing. |
Raw materials supplier Suppliers include domestic and select international vendors for glass raw materials and additives. |
Recurring vs cyclical contribution Mainly cyclical, driven by consumer spending and hospitality sector demand. |
Our industry position Pioneer and market leader in Indian opal glassware with strong brand recall and growing export footprint. |
Financial highlights FY23-24 Revenue approx Rs. 365 crore; PAT Rs. 127.7 crore; robust margins despite external challenges. |
Geographical revenue split About 86% revenue from India and 14% from international markets. |
Order book - |
Whats driving growth Innovation, expansion of manufacturing capacity, strong brand portfolio, rising consumer preference for quality tableware, and HORECA demand. |
Our future plans Capacity expansions at Sitarganj, new product launches, and strengthening distribution networks. |
Our green promise Committed to ESG with focus on energy conservation and sustainability initiatives. |
Our people and values 900+ employees with meritocratic and empowering culture fostering innovation and excellence. |
Key challenges ahead External economic challenges, subdued consumer spending, and competition in household and hospitality sectors. |
Interesting facts First in India to introduce opal glass (1987) and 24% lead crystalware (1996); recognized for exporting to 40+ countries. |
Risks and strategy Risk from market cyclicality mitigated by diversifying markets, cost control, and continuous innovation. |
