HLE Glascoat Ltd

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

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

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

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

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

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

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

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

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

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