HLE Glascoat Ltd logo

HLE Glascoat Ltd

HLEGLAS NSE

Key Fundamentals

MicrocapIndustrial ProductsCapital Goods
Market Cap
₹2,196 Cr
Volatility
Moderate
P/E Ratio
60.75
EBITDA
₹133 Cr
Return on Equity
11.14%
Debt to Equity
0.65
Book Value
₹76.87
EPS
₹4.29
52W High
₹661.95
52W Low
₹250

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view HLE Glascoat Ltd insights

52 extracted metrics + investor summaries across FY19–FY26.

Log in — free

Tapetide Score

Data-driven rating, 0–100. How it works →

Technical Indicators

Key Insights

Strengths

2
  • Company has been maintaining a healthy dividend payout of 18.9%
  • Company's working capital requirements have reduced from 19.1 days to 14.5 days

Weaknesses

3
  • Stock is trading at 4.11 times its book value
  • Company has a low return on equity of 10.1% over last 3 years.
  • Promoter holding has decreased over last 3 years: -4.68%

Growth Rate

Revenue Growth
30.74% ↗
Net Income Growth
-19.69% ↗
Cash Flow Change
41.83% ↗
ROE
35.36% ↗
ROCE
22.90% ↗
EBITDA Margin (Avg.)
-28.27% ↗

Quarterly Results

  Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
197
224
239
307
227
236
231
334
284
351
327
392
301
Expenses
174
198
215
270
205
202
205
282
246
313
305
349
280
Operating Profit
23.19
26.46
24.68
36.49
21.85
34.1
25.64
52
37.6
38.24
21.1
42.83
20.93
OPM %
11.76%
11.79%
10.32%
11.89%
9.62%
14.46%
11.1%
15.58%
13.24%
10.9%
6.46%
10.93%
6.96%
Other Income
0.68
1.52
0.59
1.97
1.78
1.39
1.93
2.25
2.25
-1.15
0.31
0.68
1.7
Interest
4.78
5.77
9.7
10.34
9.44
8.65
8.78
9.32
8.6
9.33
7.86
8.66
8.36
Depreciation
5.96
6.07
7.33
6.95
7.26
7.3
7.38
7.73
8.36
8.6
9.9
9.6
9.9
PBT
13.13
16.14
8.24
21.17
6.93
19.54
11.41
37.2
22.89
19.16
3.65
25.25
4.37
Tax %
29.17%
33.02%
27.43%
30.04%
21.79%
26.15%
9.82%
14.95%
21.93%
27.14%
-26.03%
20.2%
52.86%
Net Profit
9.29
10.82
5.97
14.8
5.42
14.42
10.28
31.64
17.86
13.96
4.6
20.15
2.05
EPS in Rs
1.36
1.47
0.44
1.45
0.5
1.86
1.24
2.98
2.16
1.73
0.41
2.62
0.4
Figures in ₹ Crores

Profit & Loss

  Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
359
426
484
652
932
968
1,028
1,353
1,370
Expenses
313
354
392
541
793
854
891
1,213
1,247
Operating Profit
47
73
93
111
139
114
136
140
123
OPM %
13%
17%
19%
17%
15%
12%
13%
10%
9%
Other Income
2
5
4
-1
8
4
7
2
2
Interest
15
13
11
14
25
33
39
34
34
Depreciation
7
7
9
11
23
26
30
36
38
PBT
28
57
77
84
99
59
75
71
52
Tax %
33%
31%
31%
31%
30%
30%
18%
20%
—
Net Profit
19
39
53
58
70
41
62
57
41
EPS in Rs
5.5
5.91
8
8.52
10.23
4.35
6.84
7.12
5.16
Div. Payout %
0%
15%
10%
12%
11%
25%
16%
15%
—
Figures in ₹ Crores

Balance Sheet

  Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
6
13
13
14
14
14
14
14
Reserves
35
63
122
239
312
403
446
520
Borrowings
115
100
93
218
258
390
381
348
Other Liabilities
138
159
149
289
311
395
448
500
Total Liabilities
294
335
377
759
894
1,202
1,288
1,382
Fixed Assets
85
94
120
245
318
541
593
627
CWIP
4
10
3
31
3
19
5
4
Investments
0
0
0
0
0
0
0
0
Other Assets
205
231
254
483
573
641
690
751
Total Assets
294
335
377
759
894
1,202
1,288
1,382
Figures in ₹ Crores

Cash Flow

  Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
49
45
48
1
5
95
134
161
Investing
-15
-19
-29
-146
-40
-45
-68
-86
Financing
-29
-30
-10
160
13
-19
-60
-85
Net Cash Flow
5
-5
9
14
-22
31
6
-10
Free Cash Flow
33
22
20
-67
-36
40
68
108
CFO/OP
119
79
75
31
27
106
110
127
Figures in ₹ Crores

Ratios

  Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
34
38
52
83
95
89
66
73
Inventory Days
244
264
228
307
229
259
300
205
Days Payable
119
130
111
150
98
92
88
85
Cash Conversion Cycle
159
172
168
240
226
257
278
193
Working Capital Days
-2
16
34
60
53
33
10
15
ROCE %
—
42%
43%
30%
24%
13%
13%
12%

Shareholding Pattern

As of Jun 2026
Promoters 65.64%
Public 20.19%
Others 7.40%
DIIs 4.71%
FIIs 2.05%
Total 99.99%
  Mar 2021May 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters
73.43%
71.32%
71.32%
71.32%
70.32%
70.32%
70.32%
70.32%
70.32%
70.32%
70.32%
66.69%
66.69%
66.69%
66.69%
66.69%
66.69%
66.69%
66.78%
65.64%
65.64%
65.64%
65.64%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
4.25%
0.00%
4.28%
4.27%
4.07%
4.01%
4.12%
4.01%
3.70%
2.14%
2.27%
2.05%
DIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.02%
0.02%
0.71%
0.71%
0.53%
3.93%
3.58%
3.77%
3.57%
3.52%
3.52%
3.52%
4.01%
4.04%
4.48%
4.87%
4.71%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
17.68%
17.18%
17.30%
16.80%
16.90%
16.95%
17.52%
17.94%
17.95%
17.99%
18.09%
18.35%
18.32%
17.64%
17.76%
18.35%
18.50%
18.42%
17.99%
19.33%
19.43%
19.46%
20.19%
Others
8.89%
11.50%
11.37%
11.87%
12.78%
12.73%
12.14%
11.72%
11.02%
10.97%
11.06%
6.78%
11.41%
7.62%
7.71%
7.37%
7.27%
7.25%
7.21%
7.29%
8.31%
7.76%
7.40%
No. of Shareholders
15,984
15,984
19,959
23,922
33,875
33,637
42,120
48,869
58,274
61,585
65,161
75,762
79,751
81,753
81,053
83,993
83,435
80,944
77,418
79,888
74,245
71,271
71,078

Documents

Frequently Asked Questions about HLE Glascoat Ltd

What does HLE Glascoat Ltd do?
HLE Glascoat Ltd is in the business of manufacturing and sales of glass lined equipment and filters and dryers equipment for various industries in the country.[1]
Where is HLE Glascoat Ltd (HLEGLAS) listed?
HLE Glascoat Ltd is listed on the Indian stock exchanges. It is listed on NSE: HLEGLAS and BSE: 522215. You can view its live share price, financials, and ratios on Tapetide.
Which sector does HLE Glascoat Ltd belong to?
HLE Glascoat Ltd operates in the Capital Goods sector within the Industrial Products industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of HLE Glascoat Ltd?
HLE Glascoat Ltd has a market capitalisation of approximately ₹2196.16 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of HLE Glascoat Ltd?
The Price-to-Earnings (PE) ratio of HLE Glascoat Ltd is 60.75. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of HLE Glascoat Ltd?
Over the past 52 weeks, HLE Glascoat Ltd has traded between a low of ₹250 and a high of ₹661.95. This range helps investors understand the stock's price volatility and recent trading levels.
Does HLE Glascoat Ltd pay dividends?
Yes, HLE Glascoat Ltd has a dividend yield of 0.35%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of HLE Glascoat Ltd?
HLE Glascoat Ltd has a Return on Equity (ROE) of 11.14%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research HLE Glascoat Ltd on Tapetide?
On Tapetide, you can view HLE Glascoat Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

HLE Glascoat Ltd is in the business of manufacturing and sales of glass lined equipment and filters and dryers equipment for various industries in the country.[1]

Website glascoat.com
CEO Mr. Himanshu Khushalbhai Patel
Employees 687
Listed 2023-02-09
Face Value ₹ 2
Issued Size 6,94,54,739

Explore More

More in Capital Goods → FII DII Data Stock Screener Nifty 50 Heatmap F&O Ban List