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HLE Glascoat Ltd

HLEGLAS Share Price

403.853.88% (+15.10)
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With a market cap of ₹2,653 cr, stock is ranked 988

Stock is 2.94x as volatile as Nifty

How to use scorecard? Learn more

With a market cap of ₹2,653 cr, stock is ranked 988

Stock is 2.94x as volatile as Nifty

HLEGLAS Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
59.075.340.28%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
39.036.690.58%

HLEGLAS Analyst Ratings & Forecast

Analyst Ratings data is currently unavailable for this stock

Price Upside

Earnings Growth

Rev. Growth

HLEGLAS Company Profile

HLE Glascoat Ltd, formerly Swiss Glascoat Equipments Limited is an India-based company engaged in designing and manufacturing of carbon steel glass lined equipment.

Investor Presentation

View older 

May 21, 2025

PDF
View Older Presentations

HLEGLAS Similar Stocks (Peers)

Compare with peers 
PE Ratio
47.97
1Y Return
21.78%
Buy Reco %
57.14
PE Ratio
63.86
1Y Return
31.30%
Buy Reco %
42.11
PE Ratio
28.73
1Y Return
10.15%
Buy Reco %
37.50
PE Ratio
183.06
1Y Return
43.99%
Buy Reco %
100.00
PE Ratio
40.12
1Y Return
25.24%
Buy Reco %
75.00
Compare with Peers
HLEGLAS Sentiment Analysis
New
Crisp summary & key insights to decode earnings calls instantly

HLEGLAS Stock Summary · November 2024

In Q2 and H1 FY'25, HLE Glascoat demonstrated robust revenue growth, driven by strategic acquisitions and a successful product launch, particularly in the oil and gas sector. Despite facing challenges such as regulatory changes and a significant revenue drop in filtration and drying equipment, the company reported a consolidated revenue increase of approximately 5% year-on-year, bolstered by strong performance in the glass-lined equipment segment. The order book reached INR 602 crores, reflecting a positive market sentiment and a stable outlook, especially in the pharmaceutical sector. With a focus on operational efficiency and debt reduction, management is optimistic about future growth opportunities, particularly in the US market, while exploring cross-selling strategies to enhance overall performance.

Key Points on Hleglas Stock
HLEGLAS Stock Growth Drivers
7
  • Strong Financial Performance

    HLE Glascoat Limited reported a consolidated revenue from operations of approximately INR 236 crores for

  • Encouraging Order Inflow

    The company has experienced encouraging order inflow, particularly from its innovative Thaletec product line, which

HLEGLAS Stock Challenges
4
  • Decline in Equipment Segment Performance

    The filtration, drying, and other equipment segments have experienced a significant decline, with a 36%

  • Slight Decline in Order Book and Margin Concerns

    The glass-lined equipment (GLE) business has shown a slight decline in the order book over

HLEGLAS Forecasts

HLEGLAS Forecast

empty forecast

Forecast data is currently unavailable

Forecast data is currently unavailable

Price

Price Upside

Revenue

Revenue Growth

Earnings

Earnings Per Share

HLEGLAS

Income

Balance Sheet

Cash Flow

HLEGLAS Income Statement

Industry refers to the sub-sector this company belongs to.
Higher than Industry Revenue Growth
A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 21.94%, vs industry avg of 11.18%

Increasing Market Share
Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 0.53% to 0.76%

Lower than Industry Net Income
Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 10.65%, vs industry avg of 23.95%

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Financial YearFY 2019FY 2020FY 2021FY 2022FY 2023FY 2024FY 2025TTM
Total Revenue362.23431.21488.42659.98940.05976.741,034.951,034.95
Raw Materialssubtract198.34229.80230.42338.80420.97453.57894.01894.02
Power & Fuel Costsubtract18.3222.4917.4526.8442.2447.43
Employee Costsubtract27.0832.4536.3667.27147.22177.45
Selling & Administrative Expensessubtract18.5521.2625.2831.6551.5156.01
Operating & Other expensessubtract50.8447.8882.4585.89131.16124.40
Depreciation/Amortizationsubtract6.537.448.6111.2322.7026.3129.6729.67
Interest & Other Itemssubtract15.0513.3310.6113.9924.9132.8936.1936.19
Taxes & Other Itemssubtract9.6218.3224.9226.1429.5128.9928.3530.14
EPS0.220.310.628.7110.234.359.056.58
DPS0.000.180.801.001.101.101.101.10
Payout ratio0.000.571.290.110.110.250.120.17

HLEGLAS Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2021

Annual report

PDF

Investor Presentation

Nov 5PDF
FY 2023

Annual report

PDF

Investor Presentation

May 30PDF
Feb 16PDF
FY 2024

Annual report

PDF

Investor Presentation

Aug 10PDF
Aug 9PDF
Aug 9PDF
FY 2025

Annual Report Pending

Investor Presentation

May 21PDF
Feb 12PDF
Nov 13PDF
 

HLEGLAS Past Performance & Peer Comparison

Comparing 3 stocks from 
IndustrialsIndustrial Machinery

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
HLE Glascoat Ltd56.795.340.28%
Cummins India Ltd47.9712.481.28%
Thermax Limited63.869.130.39%
AIA Engineering Ltd28.734.570.50%

HLEGLAS Stock Price Comparison

Compare HLEGLAS with any stock or ETF
Compare HLEGLAS with any stock or ETF
HLEGLAS
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HLEGLAS Shareholdings

HLEGLAS Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

HLEGLAS Institutional Holdings Trend

Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

HLEGLAS Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding66.69%3.52%0.00%4.12%25.67%

Jun 2024

Sep 2024

Dec 2024

Mar 2025

HLEGLAS Shareholding History

Dec '23MarJunSepDec '24Mar4.24%4.28%4.27%4.07%4.01%4.12%

Mutual Funds Invested in HLEGLAS

Mutual Fund Holding
Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 1 Mutual Funds holding HLE Glascoat Ltd


Funds (Top 1)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
2.4609%0.46%0.02%70/82 (-1)

Compare 3-month MF holding change on Screener

HLEGLAS Insider Trades & Bulk Stock Deals

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smallcases containing HLEGLAS stock

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HLEGLAS Events

HLEGLAS Dividend Trend

No Dividend Cuts
Dividends are the portion of earnings that a company distributes to all its shareholders every year

HLEGLAS has increased or maintained dividend levels over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.28%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹2.83 every year

Dividends

Corp. Actions

Announcements

Legal Orders

HLEGLAS Upcoming Dividends

No upcoming dividends are available

HLEGLAS Past Dividends

Cash Dividend

Ex DateEx DateSep 19, 2024

Final
Final | Div/Share: ₹1.10

Dividend/Share

1.10

Ex DateEx Date

Sep 19, 2024

Cash Dividend

Ex DateEx DateSep 21, 2023

Final
Final | Div/Share: ₹1.10

Dividend/Share

1.10

Ex DateEx Date

Sep 21, 2023

Cash Dividend

Ex DateEx DateAug 24, 2022

Final
Final | Div/Share: ₹5.00

Dividend/Share

5.00

Ex DateEx Date

Aug 24, 2022

Cash Dividend

Ex DateEx DateAug 30, 2021

Final
Final | Div/Share: ₹4.00

Dividend/Share

4.00

Ex DateEx Date

Aug 30, 2021

Cash Dividend

Ex DateEx DateSep 10, 2020

Final
Final | Div/Share: ₹2.50

Dividend/Share

2.50

Ex DateEx Date

Sep 10, 2020

HLEGLAS Stock News & Opinions

Spotlight
HLE Glascoat soars on strong Q4 results

Sequentially, the company's consolidated net profit surged 207.8% while revenue from contract with customers jumped 44.4% in Q4 FY25 over Q3 FY25. EBITDA surged 41.1% year-on-year and 96.7% QoQ to Rs 54.24 crore in Q4 FY25. EBIDTA margin stood at 16.3% in Q4 FY25 higher than 11.9% in Q3 FY25 and 12.5% in Q4 FY24. For the full year, net profit climbed 51.1% to Rs 61.77 crore while revenue from contract with customers rose 6.2% to Rs 1027.58 crore in the year ended March 2025 over the year ended March 2024. EBITDA rose 16.6% year-on-year to Rs 140.93 crore in FY25 over FY24. EBIDTA margin stood at 13.7% in FY25 higher than 12.5% in FY24. The company's orderbook as on 31st March 2025 stood at Rs 575.06 crore. The company has reduced its long-term and short-term debt obligations by Rs 49.76 crore during the year. Himanshu K. Patel, managing director said, We continued to reinforce our position as a trusted partner to India's chemical and pharmaceutical industries, both of which are benefiting from structural tailwinds such as increased global outsourcing, supply chain diversification, and rising domestic demand. As these process industries focus on capacity expansion and technology upgrades, the demand for high-quality and highly efficient equipment remains strong. HLE Glascoat is engaged in the specialized business of manufacturing chemical process equipment, filtration, drying, heat transfer and glass lined equipment. Powered by Capital Market - Live

3 days agoCapital Market - Live
Earnings
HLE Glascoat consolidated net profit rises 104.83% in the March 2025 quarter

Net profit of HLE Glascoat rose 104.83% to Rs 20.34 crore in the quarter ended March 2025 as against Rs 9.93 crore during the previous quarter ended March 2024. Sales rose 8.74% to Rs 333.71 crore in the quarter ended March 2025 as against Rs 306.90 crore during the previous quarter ended March 2024. For the full year,net profit rose 57.33% to Rs 46.71 crore in the year ended March 2025 as against Rs 29.69 crore during the previous year ended March 2024. Sales rose 6.16% to Rs 1027.59 crore in the year ended March 2025 as against Rs 967.92 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales333.71306.90 9 1027.59967.92 6 OPM %15.5811.89 -13.0011.58 - PBDT44.9328.12 60 104.7490.30 16 PBT37.2021.17 76 75.0763.99 17 NP20.349.93 105 46.7129.69 57 Powered by Capital Market - Live

3 days agoCapital Market - Live
Corporate
Board of HLE Glascoat recommends final dividend

HLE Glascoat announced that the Board of Directors of the Company at its meeting held on 19 May 2025, inter alia, have recommended the final dividend of Rs 1.1 per equity Share (i.e. 55%) , subject to the approval of the shareholders.Powered by Capital Market - Live

4 days agoCapital Market - Live
Corporate
HLE Glascoat to discuss results

HLE Glascoat will hold a meeting of the Board of Directors of the Company on 19 May 2025.Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
HLE Glascoat receives affirmation in credit ratings

HLE Glascoat has received reaffirmation in credit rating from ICRA at ICRA A; Stable/ ICRA A2+ for debt instruments amounting to Rs 517.50 crore. Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
HLE Glascoat EGM scheduled

HLE Glascoat announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 18 April 2025.Powered by Capital Market - Live

2 months agoCapital Market - Live
Earnings
HLE Glascoat consolidated net profit rises 183.00% in the December 2024 quarter

Net profit of HLE Glascoat rose 183.00% to Rs 8.49 crore in the quarter ended December 2024 as against Rs 3.00 crore during the previous quarter ended December 2023. Sales declined 3.43% to Rs 231.03 crore in the quarter ended December 2024 as against Rs 239.23 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales231.03239.23 -3 OPM %11.1010.32 - PBDT18.7919.01 -1 PBT11.4111.68 -2 NP8.493.00 183 Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
HLE Glascoat to table results

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

3 months agoCapital Market - Live
Spotlight
HLE Glascoat zooms after Q2 PAT climbs 33% YoY to Rs 14 cr

Profit before tax (PBT) jumped 21% YoY to Rs 19.53 crore during the quarter. EBITDA (includes other income) stood at Rs 35.48 crore during the quarter, up 18.9% as compared with Rs 29.85 crore posted in corresponding quarter last year. EBITDA margin increased 170 bps to 15.1% in Q2 FY25 as against 13.3% in Q2 FY24. Revenue from Filtration, Drying and Other Equipment declined 35.5% YoY to Rs 64.95 crore in Q2 FY25 while revenue from glass lined equipment jumped 18.4% YoY to Rs 144.39 crore during the quarter. The orderbook as at September 2024 end of Rs 602.47 crore provides reasonable visibility. Meanwhile, the company has signed definitive agreements with Clean Max Enviro Energy Solutions (Clean Max) and Clean Max Anchorage (CMAPL), whereby the company will acquire 26% equity shares of CMAPL from Clean Max. This investment is intended for the purpose of developing a captive power facility in state of Gujarat having a solar capacity of 2.31 MWp and a wind capacity of 3.30 MW. HLE Glascoat is a leading manufacturer of process equipment for the chemical and pharmaceutical industries. It manufactures a wide range of chemical processing equipment in an equally wide range of materials for some of the most demanding applications.Powered by Capital Market - Live

6 months agoCapital Market - Live
Earnings
HLE Glascoat consolidated net profit rises 26.52% in the September 2024 quarter

Net profit of HLE Glascoat rose 26.52% to Rs 12.69 crore in the quarter ended September 2024 as against Rs 10.03 crore during the previous quarter ended September 2023. Sales rose 5.06% to Rs 235.78 crore in the quarter ended September 2024 as against Rs 224.42 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales235.78224.42 5 OPM %14.4611.79 - PBDT26.8424.08 11 PBT19.5318.02 8 NP12.6910.03 27 Powered by Capital Market - Live

6 months agoCapital Market - Live

Frequently asked questions

  1. What is the share price of HLE Glascoat Ltd (HLEGLAS) today?

    The share price of HLEGLAS as on 23rd May 2025 is ₹403.85. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on HLE Glascoat Ltd (HLEGLAS) share?

    The past returns of HLE Glascoat Ltd (HLEGLAS) share are
    • Past 1 week: 34.47%
    • Past 1 month: 36.50%
    • Past 3 months: 52.17%
    • Past 6 months: 7.65%
    • Past 1 year: -6.91%
    • Past 3 years: -46.77%
    • Past 5 years: 4.46%

  3. What are the peers or stocks similar to HLE Glascoat Ltd (HLEGLAS)?

    The peers or stocks similar to HLE Glascoat Ltd (HLEGLAS) include:

  4. What is the dividend yield % of HLE Glascoat Ltd (HLEGLAS) share?

    The current dividend yield of HLE Glascoat Ltd (HLEGLAS) is 0.28.

  5. What is the market cap of HLE Glascoat Ltd (HLEGLAS) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of HLE Glascoat Ltd (HLEGLAS) is ₹2653.82 Cr as of 23rd May 2025.

  6. What is the 52 week high and low of HLE Glascoat Ltd (HLEGLAS) share?

    The 52-week high of HLE Glascoat Ltd (HLEGLAS) is ₹519.90 and the 52-week low is ₹217.83.

  7. What is the PE and PB ratio of HLE Glascoat Ltd (HLEGLAS) stock?

    The P/E (price-to-earnings) ratio of HLE Glascoat Ltd (HLEGLAS) is 56.79. The P/B (price-to-book) ratio is 5.34.

  8. Which sector does HLE Glascoat Ltd (HLEGLAS) belong to?

    HLE Glascoat Ltd (HLEGLAS) belongs to the Industrials sector & Industrial Machinery sub-sector.

  9. How to buy HLE Glascoat Ltd (HLEGLAS) shares?

    You can directly buy HLE Glascoat Ltd (HLEGLAS) shares on Tickertape. Simply sign up, connect your demat account and place your order.