Share Price and Basic Stock Data
Last Updated: November 4, 2025, 7:46 pm
| PEG Ratio | -113.20 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
HLE Glascoat Ltd operates in the engineering-heavy sector, focusing on manufacturing equipment used in various industries. The company reported a market capitalization of ₹3,760 Cr and a share price of ₹551. Over the years, HLE Glascoat has demonstrated robust revenue growth, with sales increasing from ₹359 Cr in March 2019 to ₹1,084 Cr in the trailing twelve months (TTM). The company recorded annual sales of ₹932 Cr in March 2023, rising to ₹1,028 Cr in March 2025. However, quarterly sales figures show fluctuation, with a notable peak of ₹307 Cr in March 2024, followed by a decline to ₹227 Cr in June 2024, indicating potential seasonality or operational challenges. Despite these fluctuations, the year-on-year growth trend remains positive, reflecting a resilient business model in a competitive landscape.
Profitability and Efficiency Metrics
HLE Glascoat has maintained a stable profitability profile, with a reported net profit of ₹74 Cr and a net profit margin of 6.01% for the fiscal year ending March 2025. The operating profit margin (OPM) stood at 13%, reflecting operational efficiency, albeit lower than the sector average. The company reported an interest coverage ratio (ICR) of 3.89x, indicating a strong ability to meet interest obligations. However, the return on equity (ROE) at 10.7% and return on capital employed (ROCE) at 12.5% are relatively modest compared to industry standards, suggesting room for improvement in capital efficiency. The cash conversion cycle (CCC) of 278 days indicates a longer duration for converting investments into cash, which may impact liquidity and operational flexibility.
Balance Sheet Strength and Financial Ratios
The balance sheet of HLE Glascoat reveals a solid financial foundation, with total assets reported at ₹1,288 Cr, against total liabilities of ₹1,202 Cr. Reserves have increased to ₹446 Cr, supporting future growth initiatives. The company’s borrowings stood at ₹381 Cr, presenting a debt-to-equity ratio of 0.76x, indicating a balanced approach to leveraging. The price-to-book value (P/BV) ratio of 3.71x suggests that investors are willing to pay a premium for the company’s equity, reflecting confidence in its future prospects. However, the current ratio of 1.14x indicates a tight liquidity position, which could constrain operational agility in times of financial strain. HLE Glascoat’s ability to manage its debt while maintaining profitability is crucial for sustaining its growth trajectory.
Shareholding Pattern and Investor Confidence
The shareholding pattern of HLE Glascoat indicates a stable ownership structure, with promoters holding 66.78% of the equity. This level of promoter commitment is generally viewed positively by investors. Institutional investors, including foreign institutional investors (FIIs) and domestic institutional investors (DIIs), hold 4.01% each, reflecting moderate institutional interest. The public shareholding stands at 25.20%, with a total of 77,418 shareholders. This broad base of shareholders can enhance liquidity and market interest in the stock. However, the decline in promoter shareholding from 70.32% in September 2022 to the current level may raise concerns regarding management’s confidence in the company’s future performance. Investor confidence is crucial for maintaining stock price stability and attracting further investment.
Outlook, Risks, and Final Insight
The outlook for HLE Glascoat appears cautiously optimistic, driven by its solid revenue growth trajectory and the potential for operational efficiency improvements. However, the company faces several challenges, including a high cash conversion cycle, which could impact liquidity and operational efficiency. Additionally, the modest return ratios may deter investors seeking higher returns. Risks associated with fluctuating quarterly revenues and a tight liquidity position could pose significant challenges in the near term. Conversely, the strong promoter holding and recent increases in reserves provide a buffer against economic uncertainties. HLE Glascoat must focus on enhancing operational efficiency and managing its debt to capitalize on growth opportunities effectively. If the company can address these risks, it stands to benefit from rising demand in the engineering sector.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of HLE Glascoat Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Lakshmi Engineering & Warehousing Ltd | 154 Cr. | 2,300 | 2,787/1,805 | 192 | 325 | 0.43 % | 5.84 % | 4.01 % | 100 |
| HLE Glascoat Ltd | 4,244 Cr. | 623 | 662/218 | 75.4 | 67.3 | 0.18 % | 12.5 % | 10.7 % | 2.00 |
| Harish Textile Engineers Ltd | 20.0 Cr. | 60.0 | 103/52.4 | 15.2 | 26.6 | 0.00 % | 9.56 % | 2.84 % | 10.0 |
| Disa India Ltd | 1,969 Cr. | 13,543 | 18,995/13,100 | 37.8 | 1,834 | 1.48 % | 28.9 % | 21.2 % | 10.0 |
| Cranex Ltd | 51.9 Cr. | 79.0 | 169/75.0 | 26.1 | 36.8 | 0.00 % | 10.3 % | 11.1 % | 10.0 |
| Industry Average | 11,049.90 Cr | 1,483.71 | 51.94 | 288.16 | 0.31% | 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: October 10, 2025, 4:16 pm
| Month | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|
| Equity Capital | 6 | 13 | 13 | 14 | 14 | 14 | 14 |
| Reserves | 35 | 63 | 120 | 239 | 312 | 403 | 446 |
| Borrowings | 115 | 100 | 96 | 218 | 258 | 390 | 381 |
| Other Liabilities | 138 | 159 | 148 | 289 | 311 | 395 | 448 |
| Total Liabilities | 294 | 335 | 377 | 759 | 894 | 1,202 | 1,288 |
| Fixed Assets | 85 | 94 | 120 | 245 | 318 | 541 | 593 |
| CWIP | 4 | 10 | 3 | 31 | 3 | 19 | 5 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 205 | 231 | 254 | 483 | 573 | 641 | 690 |
| Total Assets | 294 | 335 | 377 | 759 | 894 | 1,202 | 1,288 |
Below is a detailed analysis of the balance sheet data for HLE Glascoat Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 14.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 14.00 Cr..
- For Reserves, as of Mar 2025, the value is 446.00 Cr.. The value appears strong and on an upward trend. It has increased from 403.00 Cr. (Mar 2024) to 446.00 Cr., marking an increase of 43.00 Cr..
- For Borrowings, as of Mar 2025, the value is 381.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 390.00 Cr. (Mar 2024) to 381.00 Cr., marking a decrease of 9.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 448.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 395.00 Cr. (Mar 2024) to 448.00 Cr., marking an increase of 53.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 1,288.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,202.00 Cr. (Mar 2024) to 1,288.00 Cr., marking an increase of 86.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 593.00 Cr.. The value appears strong and on an upward trend. It has increased from 541.00 Cr. (Mar 2024) to 593.00 Cr., marking an increase of 52.00 Cr..
- For CWIP, as of Mar 2025, the value is 5.00 Cr.. The value appears to be declining and may need further review. It has decreased from 19.00 Cr. (Mar 2024) to 5.00 Cr., marking a decrease of 14.00 Cr..
- For Investments, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
- For Other Assets, as of Mar 2025, the value is 690.00 Cr.. The value appears strong and on an upward trend. It has increased from 641.00 Cr. (Mar 2024) to 690.00 Cr., marking an increase of 49.00 Cr..
- For Total Assets, as of Mar 2025, the value is 1,288.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,202.00 Cr. (Mar 2024) to 1,288.00 Cr., marking an increase of 86.00 Cr..
Notably, the Reserves (446.00 Cr.) exceed the Borrowings (381.00 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 | 0.46 | 65.31 | 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.) | 67.28 | 70.93 | 46.10 | 177.17 | 93.28 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 67.28 | 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.) | 6.58 | 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 (%) | 4.37 | 3.06 | 7.49 | 8.91 | 10.79 |
| Return on Networth / Equity (%) | 9.78 | 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 (%) | 3.47 | 2.46 | 7.83 | 7.64 | 13.87 |
| Long Term Debt / Equity (X) | 0.23 | 0.36 | 0.31 | 0.53 | 0.45 |
| Total Debt / Equity (X) | 0.76 | 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) | 1.46 | 1.56 | 1.58 | 1.63 | 1.35 |
| Dividend Payout Ratio (NP) (%) | 0.00 | 25.29 | 9.77 | 9.25 | 6.17 |
| Dividend Payout Ratio (CP) (%) | 0.00 | 13.40 | 7.37 | 7.75 | 5.30 |
| Earning Retention Ratio (%) | 0.00 | 74.71 | 90.23 | 90.75 | 93.83 |
| Cash Earning Retention Ratio (%) | 0.00 | 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 (%) | 0.00 | 74.70 | 90.22 | 90.74 | 93.82 |
| Price / BV (X) | 3.71 | 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 67.28. It has decreased from 70.93 (Mar 24) to 67.28, marking a decrease of 3.65.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 67.28. It has decreased from 70.93 (Mar 24) to 67.28, marking a decrease of 3.65.
- 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 6.58. This value is within the healthy range. It has increased from 4.35 (Mar 24) to 6.58, marking an increase of 2.23.
- 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 4.37. This value is below the healthy minimum of 8. It has increased from 3.06 (Mar 24) to 4.37, marking an increase of 1.31.
- For Return on Networth / Equity (%), as of Mar 25, the value is 9.78. This value is below the healthy minimum of 15. It has increased from 7.34 (Mar 24) to 9.78, marking an increase of 2.44.
- 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 3.47. This value is below the healthy minimum of 5. It has increased from 2.46 (Mar 24) to 3.47, marking an increase of 1.01.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.23. This value is within the healthy range. It has decreased from 0.36 (Mar 24) to 0.23, marking a decrease of 0.13.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.76. This value is within the healthy range. It has decreased from 0.89 (Mar 24) to 0.76, marking a decrease of 0.13.
- 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 1.46. This value is below the healthy minimum of 4. It has decreased from 1.56 (Mar 24) to 1.46, marking a decrease of 0.10.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 25.29 (Mar 24) to 0.00, marking a decrease of 25.29.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 13.40 (Mar 24) to 0.00, marking a decrease of 13.40.
- For Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 74.71 (Mar 24) to 0.00, marking a decrease of 74.71.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 86.60 (Mar 24) to 0.00, marking a decrease of 86.60.
- 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 0.00. This value is below the healthy minimum of 30. It has decreased from 74.70 (Mar 24) to 0.00, marking a decrease of 74.70.
- For Price / BV (X), as of Mar 25, the value is 3.71. This value exceeds the healthy maximum of 3. It has decreased from 6.89 (Mar 24) to 3.71, marking a decrease of 3.18.
- 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: 15.28%)
- 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%: 9.78% (Industry Average ROE: 12.12%)
- 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: 75.4 (Industry average Stock P/E: 47.22)
- 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: 0.76
- 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 04 November 2025) is 435.15 which is 30.15% lower the current market price of 623.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 4,244 Cr. market cap, FY2025-2026 high/low of 662/218, reserves of ₹446 Cr, and liabilities of 1,288 Cr.
What is the Market Cap of HLE Glascoat Ltd?
The Market Cap of HLE Glascoat Ltd is 4,244 Cr..
What is the current Stock Price of HLE Glascoat Ltd as on 04 November 2025?
The current stock price of HLE Glascoat Ltd as on 04 November 2025 is 623.
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 75.4.
What is the Book Value of HLE Glascoat Ltd?
The Book Value of HLE Glascoat Ltd is 67.3.
What is the Dividend Yield of HLE Glascoat Ltd?
The Dividend Yield of HLE Glascoat Ltd is 0.18 %.
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.