HLEGLAS · NSE
HLE Glascoat Limited
₹446.9
+7.52% (+₹31.25)
Prev. close
₹415.65
Volume
10,20,903
Delivery %
35.3%
As of
18 Sept 2026
Price history
No analyst calls on this stock in the last 90 days yet.
Explore by date range →Analyst opinions
Fundamentals
About HLE Glascoat Limited
HLE Glascoat Limited manufactures and sells carbon steel glass lined equipment in India and internationally. It operates through Filtration, Drying and Other Equipment; Glass Lined Equipment; and Heat Transfer Equipment segments. The Filtration, Drying and Other Equipment segment offers agitated nutsche filter-dryers, rotary vacuum paddle dryers, kilo-lab filter dryers, rapid disc dryer-coolers, orbicular dryers, and other chemical process equipment, as well as related spares and accessories. Its Glass Lined Equipment segment produces reactors, heat exchangers, storage vessels and receivers, storage tanks, columns, agitators, valves, pipes and fittings, and other similar equipment, as well as related spares and accessories. The Heat Transfer Equipment segment manufactures shell and tube, corrugated, spiral, plate heat, and box type heat exchangers; and condensing systems. It also offers exotic metal and cGMP pharma model products. The company serves the pharmaceutical, agrochemicals; specialty and fine chemicals; dyes, pigments, and intermediates; paints and coatings; bulk chemicals; active pharmaceutical ingredients; nutraceutical; food and food flavours; oil and gas; mineral processing; aerospace; marine; petrochemicals; fertilizers; steel; paper; and textile industries. The company was formerly known as Swiss Glascoat Equipments Limited and changed its name to HLE Glascoat Limited in December 2019. HLE Glascoat Limited was founded in 1981 and is based in Anand, India.
Details
Sector
Industrials
Industry
Specialty Industrial Machinery
CEO
Mr. Himanshu Khushalbhai Patel
Headquarters
Anand
Employees
728
Website
hleglascoat.comExchange
View on NSE ↗Key stats
Market cap
₹3,103.93 Cr
P/E ratio (TTM)
85.3
Dividend yield
0.26%
EPS (TTM)
₹5.24
Beta (1Y · daily vs NIFTY 50)
1.40
Beta (5Y · monthly vs NIFTY 50)
1.57
Shares float
95.54 L
EPS · quarter ended Jun 2026
₹0.40
Financial Performance
01 · Financials
Revenue for Mar 2021–Mar 2022 is as filed with BSE (consolidated), and the first plotted growth figure is computed against Mar 2020 revenue as filed with BSE; the two sources' revenue definitions differ by 0.8% on Mar 2023. FY21 growth needs FY20 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹484.49 Cr | ₹652.22 Cr | ₹931.52 Cr | ₹967.92 Cr | ₹1,022.24 Cr | ₹1,352.98 Cr | |
| EBITDA | ₹95.59 Cr | ₹117.76 Cr | ₹145.07 Cr | ₹115.18 Cr | ₹140.92 Cr | ₹141.85 Cr |
| ₹53.37 Cr | ₹58.23 Cr | ₹69.81 Cr | ₹29.69 Cr | ₹54.85 Cr | ₹49.42 Cr | |
| Diluted EPS | ₹7.88 | ₹8.53 | ₹10.22 | ₹5.99 | ₹8 | ₹7.2 |
Total expenses (as filed), Employee benefit expense, Other expenses, Tax provision, Interest expense, Other income have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹377.00 Cr | ₹759.00 Cr | ₹894.00 Cr | ₹1,202.00 Cr | ₹1,288.00 Cr | ₹1,382.00 Cr | |
| — | — | ₹250.23 Cr | ₹388.25 Cr | ₹379.19 Cr | ₹347.60 Cr | |
| Stockholders' equity | ₹135.00 Cr | ₹253.00 Cr | ₹326.00 Cr | ₹417.00 Cr | ₹460.00 Cr | ₹534.00 Cr |
Current assets, Non-current assets, CWIP, Others, Total debt, Long-term debt, Current (short-term) debt have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹48.00 Cr | ₹1.00 Cr | ₹5.00 Cr | ₹95.00 Cr | ₹134.00 Cr | ₹161.00 Cr | |
| Investing cash flow | — | — | ₹-41.29 Cr | ₹-44.67 Cr | ₹-68.38 Cr | ₹-85.91 Cr |
| — | — | ₹13.29 Cr | ₹-18.20 Cr | ₹-59.67 Cr | ₹-84.89 Cr | |
| Capital expenditure | ₹-32.00 Cr | ₹-69.00 Cr | ₹-48.00 Cr | ₹-55.00 Cr | ₹-66.00 Cr | ₹-56.00 Cr |
| End cash position | — | — | ₹2.68 Cr | ₹33.29 Cr | ₹39.59 Cr | ₹34.36 Cr |
Change in working capital, Investing cash flow, Financing cash flow, Dividends paid, End cash position have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Mar 23–Jun 23(2Q) | Sep 23–Mar 25(7Q) | Jun 25 | Sep 25–Jun 26(4Q) |
|---|---|---|---|---|
| Promoter | 70.32% | 66.69% | 66.78% | 65.64% |
| Public | 29.68% | 33.31% | 33.22% | 34.36% |
| Employee trusts | 0.00% | 0.00% | 0.00% | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Industrials
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| Larsen & Toubro Limited | ₹5.24 L Cr | ₹3,836.2 | 31.6 | 4.79 | 14.7% | 1.15 | +11.8% | +4.1% |
| Adani Ports and Special Economic Zone Limited | ₹4.00 L Cr | ₹1,824 | 29.4 | 4.17 | 13.3% | 0.66 | +27.1% | +29.1% |
| Hindustan Aeronautics Limited | ₹3.20 L Cr | ₹4,800.3 | 34.3 | 7.80 | 22.2% | 0.00 | +5.6% | -1.2% |
| Bharat Electronics Limited | ₹2.82 L Cr | ₹395.45 | 46.0 | 11.75 | 25.3% | 0.00 | +15.9% | -4.1% |
| InterGlobe Aviation Limited | ₹1.87 L Cr | ₹4,920 | — | 26.87 | -34.3% | 11.15 | +6.6% | -13.9% |
| ABB India Limited | ₹1.51 L Cr | ₹7,270.5 | 95.5 | 19.28 | 21.3% | 0.01 | +8.1% | +33.7% |
| Bharat Heavy Electricals Limited | ₹1.43 L Cr | ₹429.2 | 58.8 | 5.47 | 6.1% | 0.31 | +18.3% | +83.2% |
| Hitachi Energy India Limited | ₹1.39 L Cr | ₹32,700 | 121.7 | 26.89 | 19.1% | 0.02 | +27.2% | +68.7% |
| Cummins India Limited | ₹1.39 L Cr | ₹5,099.5 | 57.8 | 16.42 | 27.9% | 0.00 | +16.9% | +24.3% |
| CG Power and Industrial Solutions Limited | ₹1.39 L Cr | ₹892 | 107.6 | 17.39 | 15.1% | 0.01 | +25.1% | +13.7% |
| Siemens Limited | ₹1.33 L Cr | ₹3,763.5 | 78.8 | 10.07 | 15.9% | 0.01 | +16.2% | +13.3% |
| HLE Glascoat Limited | ₹2,886.89 Cr | ₹446.9 | 79.2 | 5.41 | 9.3% | 0.65 | +31.2% | -13.1% |
Ranked by market cap within Industrials, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Show all 29
Concall transcripts
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
6 indices
Weight is BSE’s own published index weight. Indices without weight data are listed without one, in alphabetical order after the weighted ones.