HIRECT vs HLEGLAS: Stock Comparison
Hind Rectifiers Limited is the larger company by market capitalisation. Hind Rectifiers Limited shows a higher ROE, faster revenue growth and a higher ROCE, while HLE Glascoat Limited shows a lower P/E, a higher dividend yield and lower leverage. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.
Metric snapshot
HIRECT leads 6; HLEGLAS leads 7 of 13
Interactive comparison
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Valuation lens
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✓ marks the usual favourable reading; it is not a recommendation.
Key Differences
Each difference is a single, relative reading — StockeZee does not name an overall winner.
Profile
| Metric | HIRECT | HLEGLAS |
|---|---|---|
| Sector | Capital Goods | Capital Goods |
| Industry | Industrial Products | Industrial Products |
Price
| Metric | HIRECT | HLEGLAS |
|---|---|---|
| Live Price | ₹1,273.7 | ₹319 |
| Day Change | -0.37% | 2.31% |
| Volume | 1.06 L | 1.07 L |
| 52-Week High | ₹1,909.9 | ₹661.95 |
| 52-Week Low | ₹643.7 | ₹250 |
| Distance from 52W High | -33.31% | -51.81% |
Valuation
| Metric | HIRECT | HLEGLAS |
|---|---|---|
| Market Cap | ₹4,403 Cr | ₹2,200 Cr |
| P/E Ratio | 104.62x | 62.02x |
| P/B Ratio | 20.89x | 4.16x |
| EPS | ₹13.1 | ₹7.19 |
| Book Value | ₹60.69 | ₹77.8 |
| Dividend Yield | 0.11% | 0.24% |
Growth
| Metric | HIRECT | HLEGLAS |
|---|---|---|
| Revenue Growth (TTM YoY) | 51.2% | 17.1% |
| EPS Growth (TTM YoY) | -54.9% | -47.5% |
| Qtr Sales Growth | 51.2% | 17.4% |
| Qtr Profit Growth | -129% | -9.28% |
Profitability & Leverage
| Metric | HIRECT | HLEGLAS |
|---|---|---|
| ROE | 21.7% | 10.8% |
| ROCE | 18.6% | 11.8% |
| Net Margin | 4.47% | 3.53% |
| Operating Margin | 8.42% | 10.3% |
| Debt to Equity | 1.17x | 0.65x |
Shareholding
As of Jul 2026 • change vs previous quarter| Metric | HIRECT | HLEGLAS |
|---|---|---|
| Promoter Holding | 42.58%▼ 1.34 pp | 65.64% |
| FII Holding | 6.84%▲ 0.27 pp | 2.05%▼ 0.22 pp |
| DII Holding | 3.22%▲ 3.02 pp | 4.71%▼ 0.16 pp |
| Public Holding | 47.35%▼ 1.96 pp | 27.6%▲ 0.38 pp |
How to Read This Comparison
Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.
Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: Hind Rectifiers Limited and HLE Glascoat Limited.
Related Comparisons
Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.

