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HLEGLAS · HLE Glascoat Ltd · Constr. - Supplies & Fixtures

HLEGLAS · HLE Glascoat Ltd · Constr. - Supplies & Fixtures

₹415.85+0.7%

As of 05 Nov close

52-week range

52wk low ₹25052wk high ₹661.95

37.2% below 52-week high

52-week range: as of 05 Nov 2026 close.

Price chartDaily closes on the stock page.

Stock Condition:Pro

Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.

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Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old

Profit declined YoY for 2 straight quarters

Revenue (latest Q)

₹301 Cr

Revenue YoY

PAT YoY

-83.1%

Operating margin

Revenue, last 8 quarters

P/E (TTM)

P/B

8.2

P/S (TTM)

2.1

Sector P/E

28.6

Dividend yield

+0.3%

CompanyP/EP/BNet marginROED/EDiv. yield
HLEGLAS (this stock)73.88.2+2.6%+6.7%0.65+0.3%
Grindwell Norton54.98.3+13.8%+17.2%0.02+1.0%
Carborundum Universal106.55.9+3.9%+5.4%0.11+0.4%
Kajaria Ceramics35.36.2+10.8%+17.8%0.07+1.1%

Promoter

stable

FII

falling 1q

MF

3.46% (0.00pp)

stable

Insider trades

DateInsiderTypeQtyValue
10 Sept 2026Mr Aalap Nilesh PatelBUY69,45,474₹0
10 Sept 2026Mr Nilesh Khushalbhai PatelSELL69,45,474₹0

Bulk/block deals

canonicalSymboldatebuy quantitybuyer countdeal strengthdeal types present
HLEGLAS2026-06-0316349264WEAKBULK

News timeline

No related news.

Concalls & investor presentations

AI-generated
Concall transcriptPositive01 Jun 2026
View source filing →

Key takeaway: Management reported that FY26 was a landmark year for HLE Glascoat, characterized by strategic expansion, operational resilience, and successful acquisitions. The company achieved consolidated revenue from operations of INR 1,353 crores, marking a year-on-year growth of 31.7%. EBITDA was reported at INR 148.5 crores, while profit after tax (PAT) stood at INR 56.6 crores, despite costs associated with new acquisitions. The consolidated order book was approximately INR 681.6 crores as of March 31, 2026. Management highlighted the acquisition of Omeras GmbH and the successful integration of Thaletec as key strategic milestones. The filtration and drying segment showed strong performance, while the glass-lined equipment business experienced recovery. Management emphasized a disciplined financial approach and announced a dividend of 55% for FY26, reflecting confidence in the company's fundamentals and cash flow generation capabilities.

Management emphasized strong growth and strategic achievements during the year.

Sourced from an exchange-filed transcript, dated 01 Jun 2026. Summary is RedixFi-generated and distinct from investment advice.

Investor presentationMixed20 May 2026
View source filing →

Key takeaway: HLE Glascoat Limited's investor presentation from May 2026 provided an overview of the company's financial performance and strategic initiatives. For FY26, the company reported a revenue from operations of ₹1,353.0 crore, reflecting a year-on-year growth of 31.7%. However, the consolidated profit after tax (PAT) decreased by 8.4% to ₹56.6 crore. The order book stood at ₹681.6 crore as of March 31, 2026, indicating a healthy visibility for future operations. The presentation highlighted the successful acquisition of a 70% stake in Kinam Engineering and the integration of HLE Surface Technologies GmbH and OmeraStore GmbH into its financials. Management noted challenges in the newly acquired businesses but expressed confidence in future growth driven by strong demand in the chemical and pharmaceutical sectors. The company emphasized its diversified product portfolio and experienced management team as key strengths.

The presentation highlighted both growth in revenue and challenges in profitability.

Sourced from an exchange-filed presentation, dated 20 May 2026. Summary is RedixFi-generated and distinct from investment advice.

AI Summary of Annual Report

AI-generated
FY2025-26311 pages

HLE Glascoat Limited reported a year-on-year revenue growth of 31.67% in FY2025-26, driven by strong demand across its business segments. Management emphasized its strategic focus on expanding manufacturing capacity, improving process excellence, and enhancing customer responsiveness. Sustainability initiatives, including a joint venture for renewable energy, were highlighted as key operational priorities. The report also noted the establishment of a Risk Management Committee and ongoing efforts to strengthen corporate governance and ESG practices.

  • Expansion of manufacturing capacity and process excellence to enhance operational capabilities
  • Strategic acquisitions and integration to unlock cross-selling opportunities and operational synergies
  • Sustainability initiatives, including a joint venture for renewable energy to reduce carbon footprint and improve energy security
  • Focus on corporate governance with structured oversight, financial discipline, and transparent reporting
  • Commitment to ESG practices through community engagement, vocational education support, and healthcare initiatives

Key takeaway: HLE Glascoat Limited's strategic emphasis on capacity expansion, process improvement, and sustainability initiatives positions it to capitalize on growing demand in key end-user industries while strengthening operational resilience.

The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.

Filed with NSE · 07 Sept 2026View source filing →

Governance disclosures

AI-generated

Needs attention

Default / Covenant Breach (1 item)

Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.

Default / Covenant Breach

1 occurrence

Earlier (1-3 years ago)

Annual Report04 Sept 2025 (FY2024-25)
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The company has been declared a wilful defaulter by any bank or financial institution or government or government authority.

Routine disclosures

Contingent Liability

3 occurrences

Recent (last 12 months)

Annual Report07 Sept 2026 (FY2025-26)· 3 passages
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The company has granted unsecured loans and guarantees to subsidiaries, including Thaletec GmbH, with outstanding amounts of ₹1,642.80 lakhs and ₹2,100.00 lakhs respectively, and has not demanded repayment yet.

Earlier (1-3 years ago)

Annual Report04 Sept 2025 (FY2024-25)· 2 passages
View source filing →

The company has contingent liabilities not provided for, including disputed Service Tax claims for periods 2008-2013, 2012-2015, and 2013-2017, totaling ₹68.46 lakhs, with partial payments made and cases pending before CESTAT.

Annual Report04 Sept 2024 (FY2023-24)· 3 passages
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The company has contingent liabilities not provided for, including disputed Service Tax claims for periods 2008-2017 pending before CESTAT, and a pending litigation for compensation of loss of profit of ₹500.00 lakhs, though the court decided in favor of the company during the year.

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