HLEGLAS vs SETL: Stock Comparison

HLE Glascoat Limited vs Standard Engineering Technology LtdUpdated 21 Aug 26, 4:08 PM ISTNSE & company filings

Standard Engineering Technology Ltd is the larger company by market capitalisation. HLE Glascoat Limited shows a lower P/E, a higher ROE and a higher dividend yield, while Standard Engineering Technology Ltd shows lower leverage, a higher ROCE and a higher net margin. 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

HLEGLAS leads 6; SETL leads 7 of 13

Not a rating

Interactive comparison

Compare the numbers that shape the decision

Every row uses its own scale. Switch lenses to compare like with like.

HLEGLASSETL

Valuation lens

What price are you paying?

Market CapContext only
₹2,200 Cr
₹5,937 Cr
P/E RatioHLEGLAS has the lower reading
62.02x
68.16x
P/B RatioHLEGLAS has the lower reading
4.16x
7.5x
EPSHLEGLAS has the higher reading
₹7.19
₹4.01
Book ValueContext only
₹77.8
₹39.5
Dividend YieldHLEGLAS has the higher reading
0.24%
0%

✓ marks the usual favourable reading; it is not a recommendation.

Key Differences

Market Cap
SETL is the larger company
₹5,937 Cr vs ₹2,200 Cr
P/E Ratio
HLEGLAS has a lower P/E
62.02x vs 68.16x
P/B Ratio
HLEGLAS has a lower P/B
4.16x vs 7.5x
EPS
HLEGLAS has higher earnings per share
₹7.19 vs ₹4.01
Dividend Yield
HLEGLAS has a higher dividend yield
0.24% vs 0%
Revenue Growth (TTM YoY)
HLEGLAS has faster revenue growth
17.1% vs 0%
EPS Growth (TTM YoY)
SETL has faster EPS growth
0% vs -47.5%
Qtr Sales Growth
SETL has stronger quarterly sales growth
36.3% vs 17.4%

Each difference is a single, relative reading — StockeZee does not name an overall winner.

Profile

MetricHLEGLASSETL
SectorCapital Goods
IndustryIndustrial Products

Price

MetricHLEGLASSETL
Live Price₹319₹297.75
Day Change2.31%-2.36%
Volume1.07 L4.17 L
52-Week High₹661.95₹315.6
52-Week Low₹250₹104.56
Distance from 52W High-51.81%-5.66%

Valuation

MetricHLEGLASSETL
Market Cap₹2,200 Cr₹5,937 Cr
P/E Ratio62.02x68.16x
P/B Ratio4.16x7.5x
EPS₹7.19₹4.01
Book Value₹77.8₹39.5
Dividend Yield0.24%0%

Growth

MetricHLEGLASSETL
Revenue Growth (TTM YoY)17.1%0%
EPS Growth (TTM YoY)-47.5%0%
Qtr Sales Growth17.4%36.3%
Qtr Profit Growth-9.28%31.1%

Profitability & Leverage

MetricHLEGLASSETL
ROE10.8%10.7%
ROCE11.8%14.7%
Net Margin3.53%10.73%
Operating Margin10.3%15.4%
Debt to Equity0.65x0.1x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricHLEGLASSETL
Promoter Holding65.64%60.47%
FII Holding2.05% 0.22 pp2.77% 0.34 pp
DII Holding4.71% 0.16 pp0.2% 0.15 pp
Public Holding27.6% 0.38 pp36.56% 0.19 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: HLE Glascoat Limited and Standard Engineering Technology Ltd.

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.