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HLE GLASCOAT LIMITED

HLEGLAS BSE Specialty Industrial Machinery Industrials

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…

ISIN INE461D01028
Listed β€”
Quarters tracked 13
Filings 20 docs

About

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.

Key Metrics

as of Sep 2026
Market Cap2,319 Cr
P/E58.90
Div Yield0.33 %
Book Valueβ‚Ή76.90
52w Highβ‚Ή662.00
52w Lowβ‚Ή250.00
Face Valueβ‚Ή2.00

Quarterly Results

Rs. Crores Β· hover row for definition
Metric Jun 2026 Mar 2026 Dec 2025 Sep 2025 Jun 2025 Mar 2025 Dec 2024 Sep 2024 Jun 2024 Mar 2024 Dec 2023 Sep 2023 Jun 2023
Sales 300.75 391.69 326.57 350.78 283.95 333.71 231.03 235.78 227.07 306.90 239.23 224.42 197.19
Expenses 279.82 348.86 305.47 312.54 246.35 281.71 205.39 201.68 205.22 270.41 214.55 197.96 174.00
Operating Profit 20.93 42.83 21.10 38.24 37.60 52.00 25.64 34.10 21.85 36.49 24.68 26.46 23.19
OPM % 6.96 10.93 6.46 10.90 13.24 15.58 11.10 14.46 9.62 11.89 10.32 11.79 11.76
Other Income 1.70 0.68 0.31 -1.15 2.25 2.25 1.93 1.39 1.78 1.97 0.59 1.52 0.68
Depreciation 9.90 9.60 9.90 8.60 8.36 7.73 7.38 7.30 7.26 6.95 7.33 6.07 5.96
Interest 8.36 8.66 7.86 9.33 8.60 9.32 8.78 8.65 9.44 10.34 9.70 5.77 4.78
Profit before tax 4.37 25.25 3.65 19.16 22.89 37.20 11.41 19.54 6.93 21.17 8.24 16.14 13.13
Tax % 52.86 20.20 -26.03 27.14 21.93 14.95 9.82 26.15 21.79 30.04 27.43 33.02 29.17
Net Profit 2.05 20.15 4.60 13.96 17.86 31.64 10.28 14.42 5.42 14.80 5.97 10.82 9.29
EPS in Rs 0.40 2.62 0.41 1.73 2.16 2.98 1.24 1.86 0.50 1.45 0.44 1.47 1.36

Profit & Loss

Annual Β· Rs. Crores
Metric Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Sales 1,353.001,028.00968.00932.00652.00484.00426.00359.00
Expenses 1,213.00891.00854.00793.00541.00392.00354.00313.00
Operating Profit 140.00136.00114.00139.00111.0093.0073.0047.00
OPM % 10.0013.0012.0015.0017.0019.0017.0013.00
Other Income 2.007.004.008.00-1.004.005.002.00
Interest 34.0039.0033.0025.0014.0011.0013.0015.00
Depreciation 36.0030.0026.0023.0011.009.007.007.00
Profit before tax 71.0075.0059.0099.0084.0077.0057.0028.00
Tax % 20.0018.0030.0030.0031.0031.0031.0033.00
Net Profit 57.0062.0041.0070.0058.0053.0039.0019.00
EPS in Rs 7.126.844.3510.238.528.005.915.50
Dividend Payout % 15.0016.0025.0011.0012.0010.0015.000.00

Balance Sheet

Annual Β· Rs. Crores β€” latest first
Metric Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Equity Capital 14.0014.0014.0014.0014.0013.0013.006.00
Reserves 520.00446.00403.00312.00239.00122.0063.0035.00
Borrowings 348.00381.00390.00258.00218.0093.00100.00115.00
Other Liabilities 500.00448.00395.00311.00289.00149.00159.00138.00
Total Liabilities 1,382.001,288.001,202.00894.00759.00377.00335.00294.00
Fixed Assets 627.00593.00541.00318.00245.00120.0094.0085.00
CWIP 4.005.0019.003.0031.003.0010.004.00
Investments 0.000.000.000.000.000.000.000.00
Other Assets 751.00690.00641.00573.00483.00254.00231.00205.00
Total Assets 1,382.001,288.001,202.00894.00759.00377.00335.00294.00

Cash Flows

Annual Β· Rs. Crores β€” latest first
Metric Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Cash from Operating Activity 161.00134.0095.005.001.0048.0045.0049.00
Cash from Investing Activity -86.00-68.00-45.00-40.00-146.00-29.00-19.00-15.00
Cash from Financing Activity -85.00-60.00-19.0013.00160.00-10.00-30.00-29.00
Net Cash Flow -10.006.0031.00-22.0014.009.00-5.005.00
Free Cash Flow 108.0068.0040.00-36.00-67.0020.0022.0033.00
CFO/OP % 127.00110.00106.0027.0031.0075.0079.00119.00

Ratios

Annual Β· Days / % β€” latest first
Metric Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Debtor Days 73.0066.0089.0095.0083.0052.0038.0034.00
Inventory Days 205.00300.00259.00229.00307.00228.00264.00244.00
Days Payable 85.0088.0092.0098.00150.00111.00130.00119.00
Cash Conversion Cycle 193.00278.00257.00226.00240.00168.00172.00159.00
Working Capital Days 15.0010.0033.0053.0060.0034.0016.00-2.00
ROCE % 12.0013.0013.0024.0030.0043.0042.00β€”

Shareholding Pattern

% holding β€” latest first
Holder Jun 2026 Mar 2026 Dec 2025 Sep 2025 Jun 2025 Mar 2025 Dec 2024 Sep 2024 Jun 2024 Mar 2024 Dec 2023 Sep 2023
Promoters 65.64 65.64 65.64 65.64 66.78 66.69 66.69 66.69 66.69 66.69 66.69 66.69
FIIs 2.05 2.27 2.14 3.70 4.01 4.12 4.01 4.07 4.26 4.29 4.24 4.25
DIIs 4.71 4.88 4.48 4.04 4.01 3.52 3.52 3.52 3.57 3.77 3.95 3.93
Public 27.60 27.22 27.73 26.62 25.20 25.68 25.78 25.72 25.45 25.25 25.12 25.13
No. of Shareholders 71,078 71,271 74,245 79,888 77,418 80,944 83,435 83,993 81,053 81,753 79,751 75,762

Corporate Actions

20 records
ActionEx DateRecord DateRatioAmount (β‚Ή)Notes
Dividend 19 Sep 2025 19 Sep 2025 β€” 1.10
Dividend 19 Sep 2024 β€” β€” 1.10
Dividend 21 Sep 2023 β€” β€” 1.10
Split 18 Oct 2022 19 Oct 2022 10:2 β€”
Dividend 24 Aug 2022 β€” β€” 5.00
Dividend 30 Aug 2021 β€” β€” 4.00
Dividend 10 Sep 2020 β€” β€” 2.50
Dividend 18 Feb 2020 21 Feb 2020 β€” 2.00
Dividend 26 Jul 2018 β€” β€” 2.00
Dividend 21 Aug 2017 β€” β€” 2.00
Dividend 18 Jul 2016 β€” β€” 2.20
Dividend 02 Sep 2015 β€” β€” 2.70
Dividend 27 Aug 2014 β€” β€” 2.50
Dividend 02 Sep 2013 β€” β€” 2.20
Dividend 31 Aug 2012 β€” β€” 2.20
Dividend 08 Sep 2011 β€” β€” 2.00
Dividend 18 Aug 2010 β€” β€” 1.70
Dividend 17 Sep 2009 β€” β€” 1.20
Dividend 23 Sep 2008 β€” β€” 1.20
Dividend 29 Aug 2001 β€” β€” 0.80

Announcements

5 filings