HLEGLAS vs SHANTIGEAR: Stock Comparison

HLE Glascoat Limited vs Shanthi Gears LimitedUpdated 21 Aug 26, 4:08 PM ISTNSE & company filings

Shanthi Gears Limited is the larger company by market capitalisation. HLE Glascoat Limited shows faster revenue growth, while Shanthi Gears Limited shows a lower P/E, a higher ROE and a higher dividend yield. 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 4; SHANTIGEAR leads 9 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.

HLEGLASSHANTIGEAR

Valuation lens

What price are you paying?

Market CapContext only
₹2,200 Cr
₹3,570 Cr
P/E RatioSHANTIGEAR has the lower reading
62.02x
55.93x
P/B RatioHLEGLAS has the lower reading
4.16x
8.11x
EPSSHANTIGEAR has the higher reading
₹7.19
₹9.99
Book ValueContext only
₹77.8
₹57.34
Dividend YieldSHANTIGEAR has the higher reading
0.24%
1.13%

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

Key Differences

Market Cap
SHANTIGEAR is the larger company
₹3,570 Cr vs ₹2,200 Cr
P/E Ratio
SHANTIGEAR has a lower P/E
55.93x vs 62.02x
P/B Ratio
HLEGLAS has a lower P/B
4.16x vs 8.11x
EPS
SHANTIGEAR has higher earnings per share
₹9.99 vs ₹7.19
Dividend Yield
SHANTIGEAR has a higher dividend yield
1.13% vs 0.24%
Revenue Growth (TTM YoY)
HLEGLAS has faster revenue growth
17.1% vs -11.8%
EPS Growth (TTM YoY)
SHANTIGEAR has faster EPS growth
-27.6% vs -47.5%
Qtr Sales Growth
HLEGLAS has stronger quarterly sales growth
17.4% vs -11.8%

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

Profile

MetricHLEGLASSHANTIGEAR
SectorCapital GoodsCapital Goods
IndustryIndustrial ProductsIndustrial Products

Price

MetricHLEGLASSHANTIGEAR
Live Price₹319₹464.25
Day Change2.31%19.99%
Volume1.07 L19.72 L
52-Week High₹661.95₹598.9
52-Week Low₹250₹384
Distance from 52W High-51.81%-22.48%

Valuation

MetricHLEGLASSHANTIGEAR
Market Cap₹2,200 Cr₹3,570 Cr
P/E Ratio62.02x55.93x
P/B Ratio4.16x8.11x
EPS₹7.19₹9.99
Book Value₹77.8₹57.34
Dividend Yield0.24%1.13%

Growth

MetricHLEGLASSHANTIGEAR
Revenue Growth (TTM YoY)17.1%-11.8%
EPS Growth (TTM YoY)-47.5%-27.6%
Qtr Sales Growth17.4%-11.8%
Qtr Profit Growth-9.28%-17.1%

Profitability & Leverage

MetricHLEGLASSHANTIGEAR
ROE10.8%19%
ROCE11.8%25.6%
Net Margin3.53%14.37%
Operating Margin10.3%20.1%
Debt to Equity0.65x0x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricHLEGLASSHANTIGEAR
Promoter Holding65.64%70.47%
FII Holding2.05% 0.22 pp3.13% 0.01 pp
DII Holding4.71% 0.16 pp0.22%
Public Holding27.6% 0.38 pp26.17%

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 Shanthi Gears Limited.

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.