Share Price and Basic Stock Data
Last Updated: December 13, 2025, 3:38 am
| PEG Ratio | -84.07 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
HLE Glascoat Ltd operates in the heavy engineering sector, primarily known for its comprehensive range of glass-lined equipment. The company has shown a commendable trajectory in revenue growth, with sales increasing from ₹359 Cr in FY 2019 to ₹1,028 Cr in FY 2025, showcasing a solid compound annual growth rate (CAGR). However, the most recent quarterly results reveal a mixed performance, with sales of ₹239 Cr recorded in December 2023, slightly lower than the ₹298 Cr from March 2023. This fluctuation indicates a seasonal variability in demand or potential supply chain challenges. The trailing twelve months (TTM) sales stood at ₹1,084 Cr, highlighting the company’s ability to maintain a robust revenue base despite some recent volatility. As the company continues to navigate market conditions, understanding these trends becomes essential for investors keen on evaluating its growth story.
Profitability and Efficiency Metrics
Profitability metrics for HLE Glascoat paint a picture of a company facing challenges in maintaining margins. The operating profit margin (OPM) has fluctuated, with a high of 19% in FY 2021 to a more constrained 13% in FY 2025. In the latest quarter ending March 2025, OPM stood at 16%, suggesting a recovery from the lows seen in earlier quarters. Net profit has also seen ups and downs, with ₹74 Cr reported for FY 2025 compared to ₹70 Cr in FY 2023. The interest coverage ratio of 3.89x indicates that the company can comfortably meet its interest obligations, although the rising interest expenses, which have climbed to ₹39 Cr in FY 2025, could pressure future profitability. Overall, while the company shows resilience, its ability to sustain profitability amidst fluctuating margins and rising costs remains a key focus for investors.
Balance Sheet Strength and Financial Ratios
HLE Glascoat’s balance sheet reflects a prudent approach to managing its financial obligations. As of FY 2025, the company reported total borrowings of ₹382 Cr against reserves of ₹493 Cr, which suggests a healthy reserve-to-borrowing ratio. The debt-to-equity ratio stands at 0.78, indicating a moderate level of leverage, which is not uncommon in the heavy engineering sector. However, the cash conversion cycle (CCC) has increased to 278 days, a concerning trend that suggests potential inefficiencies in inventory management or receivables collection. The return on equity (ROE) at 10.7% and return on capital employed (ROCE) at 12.5% are relatively modest compared to industry benchmarks, highlighting areas where the company could enhance efficiency and return generation. Investors should keep an eye on these ratios as they assess the company’s financial health and operational performance.
Shareholding Pattern and Investor Confidence
The shareholding pattern of HLE Glascoat reveals a strong commitment from promoters, who hold 65.64% of the company, reflecting a solid alignment of interests between management and shareholders. However, the foreign institutional investors (FIIs) have reduced their stake to 3.70%, down from a recent high of 4.30%, which might signal some caution among international investors regarding the company’s performance or market conditions. Domestic institutional investors (DIIs) have also seen a slight increase in their holdings to 4.04%, which could indicate a growing confidence among local investors. The increase in public shareholders to 79,888 suggests a growing retail interest in the stock, but the overall decline in FII holdings warrants attention as it could impact liquidity and investor sentiment. Understanding these dynamics is crucial for gauging broader market confidence in HLE Glascoat.
Outlook, Risks, and Final Insight
Looking ahead, HLE Glascoat faces a mixed outlook. On the one hand, the strong promoter holding and increasing public interest suggest a solid foundation for future growth. However, the rising costs of raw materials and interest expenses pose significant risks to profitability. Additionally, the increased cash conversion cycle indicates potential challenges in operational efficiency that could hinder growth. Market conditions, such as fluctuations in demand for heavy engineering products and the overall economic environment, will also play a critical role in shaping the company’s performance. Investors should weigh these factors carefully, considering both the strengths in management commitment and the risks associated with rising costs and operational challenges. As always, a nuanced approach is essential, balancing the promise of growth against the backdrop of potential headwinds in the sector.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Lakshmi Engineering & Warehousing Ltd | 152 Cr. | 2,270 | 2,787/1,805 | 179 | 328 | 0.44 % | 5.84 % | 4.01 % | 100 |
| HLE Glascoat Ltd | 3,205 Cr. | 462 | 662/218 | 56.0 | 73.0 | 0.24 % | 12.5 % | 10.7 % | 2.00 |
| Harish Textile Engineers Ltd | 20.8 Cr. | 62.5 | 97.0/52.4 | 6.30 | 33.2 | 0.00 % | 9.56 % | 2.84 % | 10.0 |
| Disa India Ltd | 1,783 Cr. | 12,264 | 17,275/12,001 | 34.4 | 1,905 | 1.63 % | 28.9 % | 21.2 % | 10.0 |
| Cranex Ltd | 45.2 Cr. | 68.7 | 151/62.5 | 23.2 | 38.3 | 0.00 % | 10.3 % | 11.1 % | 10.0 |
| Industry Average | 10,383.03 Cr | 1,406.19 | 79.61 | 296.33 | 0.34% | 15.76% | 12.90% | 8.88 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 204 | 215 | 214 | 298 | 197 | 224 | 239 | 307 | 227 | 236 | 231 | 334 | 284 |
| Expenses | 176 | 179 | 188 | 254 | 174 | 198 | 215 | 270 | 205 | 202 | 205 | 282 | 246 |
| Operating Profit | 28 | 35 | 26 | 44 | 23 | 26 | 25 | 36 | 22 | 34 | 26 | 52 | 38 |
| OPM % | 14% | 16% | 12% | 15% | 12% | 12% | 10% | 12% | 10% | 14% | 11% | 16% | 13% |
| Other Income | 4 | 3 | 2 | 3 | 1 | 2 | 1 | 2 | 2 | 1 | 2 | 2 | 2 |
| Interest | 4 | 5 | 5 | 9 | 5 | 6 | 10 | 10 | 9 | 9 | 9 | 9 | 9 |
| Depreciation | 6 | 5 | 6 | 6 | 6 | 6 | 7 | 7 | 7 | 7 | 7 | 8 | 8 |
| Profit before tax | 22 | 28 | 17 | 33 | 13 | 16 | 8 | 21 | 7 | 20 | 11 | 37 | 23 |
| Tax % | 30% | 30% | 29% | 30% | 29% | 33% | 27% | 30% | 22% | 26% | 10% | 15% | 22% |
| Net Profit | 15 | 19 | 12 | 23 | 9 | 11 | 6 | 15 | 5 | 14 | 10 | 32 | 18 |
| EPS in Rs | 2.25 | 2.84 | 1.80 | 3.34 | 1.36 | 1.47 | 0.44 | 1.45 | 0.50 | 1.86 | 1.24 | 2.98 | 2.16 |
Last Updated: August 19, 2025, 1:45 pm
Below is a detailed analysis of the quarterly data for HLE Glascoat Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 284.00 Cr.. The value appears to be declining and may need further review. It has decreased from 334.00 Cr. (Mar 2025) to 284.00 Cr., marking a decrease of 50.00 Cr..
- For Expenses, as of Jun 2025, the value is 246.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 282.00 Cr. (Mar 2025) to 246.00 Cr., marking a decrease of 36.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 38.00 Cr.. The value appears to be declining and may need further review. It has decreased from 52.00 Cr. (Mar 2025) to 38.00 Cr., marking a decrease of 14.00 Cr..
- For OPM %, as of Jun 2025, the value is 13.00%. The value appears to be declining and may need further review. It has decreased from 16.00% (Mar 2025) to 13.00%, marking a decrease of 3.00%.
- For Other Income, as of Jun 2025, the value is 2.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 2.00 Cr..
- For Interest, as of Jun 2025, the value is 9.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 9.00 Cr..
- For Depreciation, as of Jun 2025, the value is 8.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 8.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 23.00 Cr.. The value appears to be declining and may need further review. It has decreased from 37.00 Cr. (Mar 2025) to 23.00 Cr., marking a decrease of 14.00 Cr..
- For Tax %, as of Jun 2025, the value is 22.00%. The value appears to be increasing, which may not be favorable. It has increased from 15.00% (Mar 2025) to 22.00%, marking an increase of 7.00%.
- For Net Profit, as of Jun 2025, the value is 18.00 Cr.. The value appears to be declining and may need further review. It has decreased from 32.00 Cr. (Mar 2025) to 18.00 Cr., marking a decrease of 14.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 2.16. The value appears to be declining and may need further review. It has decreased from 2.98 (Mar 2025) to 2.16, marking a decrease of 0.82.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 3:07 am
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|
| Sales | 359 | 426 | 484 | 652 | 932 | 968 | 1,028 | 1,084 |
| Expenses | 313 | 354 | 392 | 541 | 793 | 854 | 891 | 935 |
| Operating Profit | 47 | 73 | 93 | 111 | 139 | 114 | 136 | 149 |
| OPM % | 13% | 17% | 19% | 17% | 15% | 12% | 13% | 14% |
| Other Income | 2 | 5 | 4 | -1 | 8 | 4 | 7 | 8 |
| Interest | 15 | 13 | 11 | 14 | 25 | 33 | 39 | 35 |
| Depreciation | 7 | 7 | 9 | 11 | 23 | 26 | 30 | 31 |
| Profit before tax | 28 | 57 | 77 | 84 | 99 | 59 | 75 | 91 |
| Tax % | 33% | 31% | 31% | 31% | 30% | 30% | 18% | |
| Net Profit | 19 | 39 | 53 | 58 | 70 | 41 | 62 | 74 |
| EPS in Rs | 5.50 | 5.91 | 8.00 | 8.52 | 10.23 | 4.35 | 6.84 | 8.24 |
| Dividend Payout % | 0% | 15% | 10% | 12% | 11% | 25% | 16% |
YoY Net Profit Growth
| Year | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 105.26% | 35.90% | 9.43% | 20.69% | -41.43% | 51.22% |
| Change in YoY Net Profit Growth (%) | 0.00% | -69.37% | -26.46% | 11.26% | -62.12% | 92.65% |
HLE Glascoat Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 6 years from 2019-2020 to 2024-2025.
No data available for the compounded sales growth chart.
Balance Sheet
Last Updated: December 4, 2025, 3:03 am
| Month | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6 | 13 | 13 | 14 | 14 | 14 | 14 | 14 |
| Reserves | 35 | 63 | 120 | 239 | 312 | 403 | 446 | 493 |
| Borrowings | 115 | 100 | 96 | 218 | 258 | 390 | 381 | 382 |
| Other Liabilities | 138 | 159 | 148 | 289 | 311 | 395 | 448 | 528 |
| Total Liabilities | 294 | 335 | 377 | 759 | 894 | 1,202 | 1,288 | 1,416 |
| Fixed Assets | 85 | 94 | 120 | 245 | 318 | 541 | 593 | 611 |
| CWIP | 4 | 10 | 3 | 31 | 3 | 19 | 5 | 9 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 205 | 231 | 254 | 483 | 573 | 641 | 690 | 797 |
| Total Assets | 294 | 335 | 377 | 759 | 894 | 1,202 | 1,288 | 1,416 |
Below is a detailed analysis of the balance sheet data for HLE Glascoat Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 14.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 14.00 Cr..
- For Reserves, as of Sep 2025, the value is 493.00 Cr.. The value appears strong and on an upward trend. It has increased from 446.00 Cr. (Mar 2025) to 493.00 Cr., marking an increase of 47.00 Cr..
- For Borrowings, as of Sep 2025, the value is 382.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 381.00 Cr. (Mar 2025) to 382.00 Cr., marking an increase of 1.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 528.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 448.00 Cr. (Mar 2025) to 528.00 Cr., marking an increase of 80.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 1,416.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,288.00 Cr. (Mar 2025) to 1,416.00 Cr., marking an increase of 128.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 611.00 Cr.. The value appears strong and on an upward trend. It has increased from 593.00 Cr. (Mar 2025) to 611.00 Cr., marking an increase of 18.00 Cr..
- For CWIP, as of Sep 2025, the value is 9.00 Cr.. The value appears strong and on an upward trend. It has increased from 5.00 Cr. (Mar 2025) to 9.00 Cr., marking an increase of 4.00 Cr..
- For Investments, as of Sep 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00 Cr..
- For Other Assets, as of Sep 2025, the value is 797.00 Cr.. The value appears strong and on an upward trend. It has increased from 690.00 Cr. (Mar 2025) to 797.00 Cr., marking an increase of 107.00 Cr..
- For Total Assets, as of Sep 2025, the value is 1,416.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,288.00 Cr. (Mar 2025) to 1,416.00 Cr., marking an increase of 128.00 Cr..
Notably, the Reserves (493.00 Cr.) exceed the Borrowings (382.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|
| Free Cash Flow | -68.00 | -27.00 | -3.00 | -107.00 | -119.00 | -276.00 | -245.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|
| Debtor Days | 34 | 38 | 52 | 83 | 95 | 89 | 66 |
| Inventory Days | 244 | 264 | 228 | 307 | 229 | 259 | 300 |
| Days Payable | 119 | 130 | 111 | 150 | 98 | 92 | 88 |
| Cash Conversion Cycle | 159 | 172 | 168 | 240 | 226 | 257 | 278 |
| Working Capital Days | -2 | 16 | 33 | 60 | 53 | 33 | 10 |
| ROCE % | 42% | 43% | 30% | 24% | 13% | 13% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| DSP Small Cap Fund | 2,401,016 | 0.82 | 137.75 | 2,401,016 | 2025-04-22 15:56:49 | 0% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 2.00 | 2.00 | 2.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 9.05 | 5.99 | 10.22 | 42.65 | 41.13 |
| Diluted EPS (Rs.) | 9.05 | 5.99 | 10.22 | 42.65 | 41.13 |
| Cash EPS (Rs.) | 13.39 | 9.84 | 13.55 | 50.87 | 47.40 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 65.40 | 70.93 | 46.10 | 177.17 | 93.28 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 65.40 | 70.93 | 46.10 | 177.17 | 93.28 |
| Revenue From Operations / Share (Rs.) | 150.53 | 141.79 | 136.46 | 477.71 | 370.53 |
| PBDIT / Share (Rs.) | 20.64 | 17.71 | 21.25 | 86.25 | 73.10 |
| PBIT / Share (Rs.) | 16.30 | 13.85 | 17.93 | 78.03 | 66.52 |
| PBT / Share (Rs.) | 11.00 | 8.60 | 14.55 | 61.75 | 59.07 |
| Net Profit / Share (Rs.) | 9.05 | 5.99 | 10.23 | 42.65 | 40.82 |
| NP After MI And SOA / Share (Rs.) | 6.84 | 4.35 | 10.23 | 42.60 | 40.01 |
| PBDIT Margin (%) | 13.71 | 12.48 | 15.57 | 18.05 | 19.72 |
| PBIT Margin (%) | 10.82 | 9.77 | 13.13 | 16.33 | 17.95 |
| PBT Margin (%) | 7.30 | 6.06 | 10.66 | 12.92 | 15.94 |
| Net Profit Margin (%) | 6.01 | 4.22 | 7.49 | 8.92 | 11.01 |
| NP After MI And SOA Margin (%) | 4.54 | 3.06 | 7.49 | 8.91 | 10.79 |
| Return on Networth / Equity (%) | 10.46 | 7.34 | 22.19 | 24.05 | 42.93 |
| Return on Capital Employeed (%) | 15.34 | 13.23 | 24.75 | 25.41 | 44.88 |
| Return On Assets (%) | 3.61 | 2.46 | 7.83 | 7.64 | 13.87 |
| Long Term Debt / Equity (X) | 0.24 | 0.36 | 0.31 | 0.53 | 0.45 |
| Total Debt / Equity (X) | 0.78 | 0.89 | 0.78 | 0.85 | 0.62 |
| Asset Turnover Ratio (%) | 0.82 | 0.92 | 1.13 | 1.15 | 1.17 |
| Current Ratio (X) | 1.14 | 1.27 | 1.41 | 1.40 | 1.36 |
| Quick Ratio (X) | 0.49 | 0.63 | 0.73 | 0.61 | 0.55 |
| Inventory Turnover Ratio (X) | 3.02 | 1.56 | 1.58 | 1.63 | 1.35 |
| Dividend Payout Ratio (NP) (%) | 16.07 | 25.29 | 9.77 | 9.25 | 6.17 |
| Dividend Payout Ratio (CP) (%) | 9.83 | 13.40 | 7.37 | 7.75 | 5.30 |
| Earning Retention Ratio (%) | 83.93 | 74.71 | 90.23 | 90.75 | 93.83 |
| Cash Earning Retention Ratio (%) | 90.17 | 86.60 | 92.63 | 92.25 | 94.70 |
| Interest Coverage Ratio (X) | 3.89 | 3.95 | 6.29 | 8.98 | 9.82 |
| Interest Coverage Ratio (Post Tax) (X) | 2.71 | 2.51 | 4.03 | 6.14 | 6.48 |
| Enterprise Value (Cr.) | 2096.95 | 3183.84 | 3666.76 | 7596.79 | 3027.75 |
| EV / Net Operating Revenue (X) | 2.04 | 3.29 | 3.94 | 11.65 | 6.25 |
| EV / EBITDA (X) | 14.88 | 26.34 | 25.28 | 64.51 | 31.68 |
| MarketCap / Net Operating Revenue (X) | 1.66 | 2.88 | 3.69 | 11.39 | 6.13 |
| Retention Ratios (%) | 83.92 | 74.70 | 90.22 | 90.74 | 93.82 |
| Price / BV (X) | 3.82 | 6.89 | 10.92 | 30.72 | 24.39 |
| Price / Net Operating Revenue (X) | 1.66 | 2.88 | 3.69 | 11.39 | 6.13 |
| EarningsYield | 0.02 | 0.01 | 0.02 | 0.01 | 0.01 |
After reviewing the key financial ratios for HLE Glascoat Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 2.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 9.05. This value is within the healthy range. It has increased from 5.99 (Mar 24) to 9.05, marking an increase of 3.06.
- For Diluted EPS (Rs.), as of Mar 25, the value is 9.05. This value is within the healthy range. It has increased from 5.99 (Mar 24) to 9.05, marking an increase of 3.06.
- For Cash EPS (Rs.), as of Mar 25, the value is 13.39. This value is within the healthy range. It has increased from 9.84 (Mar 24) to 13.39, marking an increase of 3.55.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 65.40. It has decreased from 70.93 (Mar 24) to 65.40, marking a decrease of 5.53.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 65.40. It has decreased from 70.93 (Mar 24) to 65.40, marking a decrease of 5.53.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 150.53. It has increased from 141.79 (Mar 24) to 150.53, marking an increase of 8.74.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 20.64. This value is within the healthy range. It has increased from 17.71 (Mar 24) to 20.64, marking an increase of 2.93.
- For PBIT / Share (Rs.), as of Mar 25, the value is 16.30. This value is within the healthy range. It has increased from 13.85 (Mar 24) to 16.30, marking an increase of 2.45.
- For PBT / Share (Rs.), as of Mar 25, the value is 11.00. This value is within the healthy range. It has increased from 8.60 (Mar 24) to 11.00, marking an increase of 2.40.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 9.05. This value is within the healthy range. It has increased from 5.99 (Mar 24) to 9.05, marking an increase of 3.06.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 6.84. This value is within the healthy range. It has increased from 4.35 (Mar 24) to 6.84, marking an increase of 2.49.
- For PBDIT Margin (%), as of Mar 25, the value is 13.71. This value is within the healthy range. It has increased from 12.48 (Mar 24) to 13.71, marking an increase of 1.23.
- For PBIT Margin (%), as of Mar 25, the value is 10.82. This value is within the healthy range. It has increased from 9.77 (Mar 24) to 10.82, marking an increase of 1.05.
- For PBT Margin (%), as of Mar 25, the value is 7.30. This value is below the healthy minimum of 10. It has increased from 6.06 (Mar 24) to 7.30, marking an increase of 1.24.
- For Net Profit Margin (%), as of Mar 25, the value is 6.01. This value is within the healthy range. It has increased from 4.22 (Mar 24) to 6.01, marking an increase of 1.79.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 4.54. This value is below the healthy minimum of 8. It has increased from 3.06 (Mar 24) to 4.54, marking an increase of 1.48.
- For Return on Networth / Equity (%), as of Mar 25, the value is 10.46. This value is below the healthy minimum of 15. It has increased from 7.34 (Mar 24) to 10.46, marking an increase of 3.12.
- For Return on Capital Employeed (%), as of Mar 25, the value is 15.34. This value is within the healthy range. It has increased from 13.23 (Mar 24) to 15.34, marking an increase of 2.11.
- For Return On Assets (%), as of Mar 25, the value is 3.61. This value is below the healthy minimum of 5. It has increased from 2.46 (Mar 24) to 3.61, marking an increase of 1.15.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.24. This value is within the healthy range. It has decreased from 0.36 (Mar 24) to 0.24, marking a decrease of 0.12.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.78. This value is within the healthy range. It has decreased from 0.89 (Mar 24) to 0.78, marking a decrease of 0.11.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.82. It has decreased from 0.92 (Mar 24) to 0.82, marking a decrease of 0.10.
- For Current Ratio (X), as of Mar 25, the value is 1.14. This value is below the healthy minimum of 1.5. It has decreased from 1.27 (Mar 24) to 1.14, marking a decrease of 0.13.
- For Quick Ratio (X), as of Mar 25, the value is 0.49. This value is below the healthy minimum of 1. It has decreased from 0.63 (Mar 24) to 0.49, marking a decrease of 0.14.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 3.02. This value is below the healthy minimum of 4. It has increased from 1.56 (Mar 24) to 3.02, marking an increase of 1.46.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 16.07. This value is below the healthy minimum of 20. It has decreased from 25.29 (Mar 24) to 16.07, marking a decrease of 9.22.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 9.83. This value is below the healthy minimum of 20. It has decreased from 13.40 (Mar 24) to 9.83, marking a decrease of 3.57.
- For Earning Retention Ratio (%), as of Mar 25, the value is 83.93. This value exceeds the healthy maximum of 70. It has increased from 74.71 (Mar 24) to 83.93, marking an increase of 9.22.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 90.17. This value exceeds the healthy maximum of 70. It has increased from 86.60 (Mar 24) to 90.17, marking an increase of 3.57.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 3.89. This value is within the healthy range. It has decreased from 3.95 (Mar 24) to 3.89, marking a decrease of 0.06.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 2.71. This value is below the healthy minimum of 3. It has increased from 2.51 (Mar 24) to 2.71, marking an increase of 0.20.
- For Enterprise Value (Cr.), as of Mar 25, the value is 2,096.95. It has decreased from 3,183.84 (Mar 24) to 2,096.95, marking a decrease of 1,086.89.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 2.04. This value is within the healthy range. It has decreased from 3.29 (Mar 24) to 2.04, marking a decrease of 1.25.
- For EV / EBITDA (X), as of Mar 25, the value is 14.88. This value is within the healthy range. It has decreased from 26.34 (Mar 24) to 14.88, marking a decrease of 11.46.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 1.66. This value is within the healthy range. It has decreased from 2.88 (Mar 24) to 1.66, marking a decrease of 1.22.
- For Retention Ratios (%), as of Mar 25, the value is 83.92. This value exceeds the healthy maximum of 70. It has increased from 74.70 (Mar 24) to 83.92, marking an increase of 9.22.
- For Price / BV (X), as of Mar 25, the value is 3.82. This value exceeds the healthy maximum of 3. It has decreased from 6.89 (Mar 24) to 3.82, marking a decrease of 3.07.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 1.66. This value is within the healthy range. It has decreased from 2.88 (Mar 24) to 1.66, marking a decrease of 1.22.
- For EarningsYield, as of Mar 25, the value is 0.02. This value is below the healthy minimum of 5. It has increased from 0.01 (Mar 24) to 0.02, marking an increase of 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in HLE Glascoat Ltd:
- Net Profit Margin: 6.01%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 15.34% (Industry Average ROCE: 15.76%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 10.46% (Industry Average ROE: 12.9%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 2.71
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 0.49
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 56 (Industry average Stock P/E: 79.61)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.78
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 6.01%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Engineering - Heavy | H - 106, Phase - IV, Anand Dist. Gujarat 388121 | share@hleglascoat.com http://www.hleglascoat.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Yatish Parekh | Chairman & Ind.Director |
| Mr. Himanshu Patel | Managing Director |
| Mr. Harsh Patel | Whole Time Director |
| Mr. Aalap Patel | Executive Director |
| Mr. Nilesh Patel | Non Executive Director |
| Mr. Jayesh Shah | Independent Director |
| Mr. Sandeep Randery | Independent Director |
| Ms. Vijayanti Punjabi | Independent Director |
FAQ
What is the intrinsic value of HLE Glascoat Ltd?
HLE Glascoat Ltd's intrinsic value (as of 13 December 2025) is 350.77 which is 24.08% lower the current market price of 462.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 3,205 Cr. market cap, FY2025-2026 high/low of 662/218, reserves of ₹493 Cr, and liabilities of 1,416 Cr.
What is the Market Cap of HLE Glascoat Ltd?
The Market Cap of HLE Glascoat Ltd is 3,205 Cr..
What is the current Stock Price of HLE Glascoat Ltd as on 13 December 2025?
The current stock price of HLE Glascoat Ltd as on 13 December 2025 is 462.
What is the High / Low of HLE Glascoat Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of HLE Glascoat Ltd stocks is 662/218.
What is the Stock P/E of HLE Glascoat Ltd?
The Stock P/E of HLE Glascoat Ltd is 56.0.
What is the Book Value of HLE Glascoat Ltd?
The Book Value of HLE Glascoat Ltd is 73.0.
What is the Dividend Yield of HLE Glascoat Ltd?
The Dividend Yield of HLE Glascoat Ltd is 0.24 %.
What is the ROCE of HLE Glascoat Ltd?
The ROCE of HLE Glascoat Ltd is 12.5 %.
What is the ROE of HLE Glascoat Ltd?
The ROE of HLE Glascoat Ltd is 10.7 %.
What is the Face Value of HLE Glascoat Ltd?
The Face Value of HLE Glascoat Ltd is 2.00.

