HLE Glascoat Ltd

While EBITDA declined by 10.8% to Rs 24.59 crore, EBITDA margin contracted by 440 basis points YoY to 7.5% in Q3 FY26. Profit before tax and before exceptional items in Q3 FY26 stood at Rs 6.83 crore, down by 40.1% from Rs 11.41 crore recorded in Q3 FY25. The company had an orderbook of Rs 653.39 crore as on 31 December 2025. The company said that it continues to receive enquiries for orders across all business segments. HLE Glascoat further said that it would undertake capital expenditure of upto Rs 25 crore to manufacture glass-fused tanks, silos and other allied products at its existing Silvassa manufacturing campus, based on the experience and knowledge of the Omeras business acquisition. Himanshu K. Patel, managing director, said: 'The quarter highlighted exceptional performance in our Heat Transfer Equipment segment, which surged 151% year-on-year, alongside solid contributions from Glass Lined Products (24% growth) and Filtration and Drying Equipment (41% growth). Building on the Omeras acquisition completed in Q2, which expanded our footprint into Glass Fused Steel products with strong potential in Biogas Digestors, Large Storage Tanks, and Architectural Facades, we are now seeing early synergies and enhanced diversification. Looking ahead, the second half of the fiscal year typically contributes between 55% and 60% of our revenues. Omeras is expected to achieve breakeven by Q4 FY26, with meaningful contribution anticipated from FY27 onwards.' HLE Glascoat is engaged in the specialized business of manufacturing chemical process equipment. The company's key product segment has been filtration and drying equipment. The flagship products in this segment are agitated nutsche filters and dryers. Powered by Capital Market - Live

Net profit of HLE Glascoat declined 66.67% to Rs 2.83 crore in the quarter ended December 2025 as against Rs 8.49 crore during the previous quarter ended December 2024. Sales rose 41.35% to Rs 326.57 crore in the quarter ended December 2025 as against Rs 231.03 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales326.57231.03 41 OPM %6.4611.10 - PBDT16.7318.79 -11 PBT6.8311.41 -40 NP2.838.49 -67 Powered by Capital Market - Live

HLE Glascoat will hold a meeting of the Board of Directors of the Company on 10 February 2026.Powered by Capital Market - Live

Net profit of HLE Glascoat declined 5.52% to Rs 11.99 crore in the quarter ended September 2025 as against Rs 12.69 crore during the previous quarter ended September 2024. Sales rose 48.77% to Rs 350.78 crore in the quarter ended September 2025 as against Rs 235.78 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales350.78235.78 49 OPM %10.9014.46 - PBDT30.8426.84 15 PBT22.2419.53 14 NP11.9912.69 -6 Powered by Capital Market - Live

HLE Glascoat will hold a meeting of the Board of Directors of the Company on 10 November 2025.Powered by Capital Market - Live

Cropster Agro Ltd, IFGL Refractories Ltd, Magellanic Cloud Ltd and Denta Water & Infra Solutions Ltd are among the other gainers in the BSE's 'B' group today, 19 August 2025.HLE Glascoat Ltd spiked 20.00% to Rs 498.65 at 19-Aug-2025 EOD IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 4.5 lakh shares were traded on the counter so far as against the average daily volumes of 25857 shares in the past one month. Cropster Agro Ltd surged 17.34% to Rs 22.74. The stock was the second biggest gainer in 'B' group. On the BSE, 58.25 lakh shares were traded on the counter so far as against the average daily volumes of 13.8 lakh shares in the past one month. IFGL Refractories Ltd soared 17.29% to Rs 270.95. The stock was the third biggest gainer in 'B' group. On the BSE, 64884 shares were traded on the counter so far as against the average daily volumes of 2709 shares in the past one month. Magellanic Cloud Ltd rose 15.83% to Rs 89.22. The stock was the fourth biggest gainer in 'B' group. On the BSE, 15.57 lakh shares were traded on the counter so far as against the average daily volumes of 11.84 lakh shares in the past one month. Denta Water & Infra Solutions Ltd exploded 12.14% to Rs 385.15. The stock was the fifth biggest gainer in 'B' group. On the BSE, 2.73 lakh shares were traded on the counter so far as against the average daily volumes of 79306 shares in the past one month. Powered by Capital Market - Live

In a regulatory filing, the company disclosed that its wholly owned step-down subsidiary, HLE Surface Technologies GmbH, finalized the acquisition of specific assets of Germany-based Omeras GmbH, along with all shares of its subsidiary Omerastore GmbH, on 18 August 2025. The acquisition, valued at 2.75 million euros, follows HLE Glascoat's initial disclosure dated 14 August 2025. The deals were executed through a sale and purchase agreement and a real estate purchase agreement on 13 August 2025. Omeras GmbH, with a legacy of 187 years and headquartered in Lauter-Bernsbach, Germany, specializes in manufacturing glass-lined and enameled panels, tanks, and architectural claddings. It offers comprehensive services ranging from consulting to turnkey project delivery. Omerastore GmbH focuses on modular, glass-fused-to-steel storage tanks and silos, used globally for potable water, sludge, and industrial liquids. This acquisition provides HLE Glascoat immediate access to fast-growing infrastructure sectors such as transport, tunnels, clean rooms, renewable energy storage, and water/wastewater management. The German manufacturing footprint strengthens the company's presence in Europe and the Middle East. Additionally, HLE Glascoat plans to leverage Omeras's well-established customer network to expand into emerging markets in Asia-Pacific, Africa, and Latin America with its modular tank solutions. This move aligns with HLE's long-term strategy of enhancing its commercial presence across key strategic geographies. HLE Glascoat is engaged in the specialized business of manufacturing chemical process equipment, filtration, drying, heat transfer and glass lined equipment. On a consolidated basis, net profit of HLE Glascoat surged 334.12% to Rs 14.76 crore while net sales rose 25.05% to Rs 283.95 crore in Q1 June 2025 over Q1 June 2024. Powered by Capital Market - Live

HLE Surface Technologies GmbH, a wholly owned step-down subsidiary of HLE Glascoat, has completed the acquisition of certain specific assets of Omeras GmbH, and which also includes all shares of Omerastore GmbH, today on 18 August 2025. Powered by Capital Market - Live

HLE Glascoat announced that the Annual General Meeting(AGM) of the company will be held on 26 September 2025.Powered by Capital Market - Live

Net profit of HLE Glascoat rose 334.12% to Rs 14.76 crore in the quarter ended June 2025 as against Rs 3.40 crore during the previous quarter ended June 2024. Sales rose 25.05% to Rs 283.95 crore in the quarter ended June 2025 as against Rs 227.07 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales283.95227.07 25 OPM %13.249.62 - PBDT31.2514.19 120 PBT22.896.93 230 NP14.763.40 334 Powered by Capital Market - Live