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HLEGLAS vs SPECTRUM: Stock Comparison

HLE GLASCOAT vs SPECTRUMUpdated 22 Oct 26, 4:08 PM ISTNSE & company filings

SPECTRUM is the larger company by market capitalisation. HLE GLASCOAT shows a lower P/E, a higher dividend yield and lower leverage, while SPECTRUM shows a higher ROE, faster revenue growth and a higher ROCE. 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; SPECTRUM 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.

HLEGLASSPECTRUM

Valuation lens

What price are you paying?

Market CapContext only
₹2,660 Cr
₹6,319 Cr
P/E RatioHLEGLAS has the lower reading
74.37x ✓
100.87x
P/B RatioHLEGLAS has the lower reading
4.98x ✓
23.77x
EPSSPECTRUM has the higher reading
₹0.4
₹8.29 ✓
Book ValueContext only
₹89.01
₹155.84
Dividend YieldHLEGLAS has the higher reading
0.29% ✓
0%

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

Key Differences

Market Cap
SPECTRUM is the larger company
₹6,319 Cr vs ₹2,660 Cr
P/E Ratio
HLEGLAS has a lower P/E
74.37x vs 100.87x
P/B Ratio
HLEGLAS has a lower P/B
4.98x vs 23.77x
EPS
SPECTRUM has higher earnings per share
₹8.29 vs ₹0.4
Dividend Yield
HLEGLAS has a higher dividend yield
0.29% vs 0%
Revenue Growth (TTM YoY)
SPECTRUM has faster revenue growth
67.9% vs 17.1%
EPS Growth (TTM YoY)
SPECTRUM has faster EPS growth
95.9% vs -47.5%
ROE
SPECTRUM has a higher ROE
20.46% vs 9.15%

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

Profile

MetricHLEGLASSPECTRUM
SectorCapital GoodsCapital Goods
IndustryIndustrial ProductsIndustrial Products

Price

MetricHLEGLASSPECTRUM
Live Price₹383.85₹2,530.2
Day Change-0.58%3.67%
Volume84,54917,112
52-Week High₹661.95₹2,637.2
52-Week Low₹250₹1,050
Distance from 52W High-42.01%-4.06%

Valuation

MetricHLEGLASSPECTRUM
Market Cap₹2,660 Cr₹6,319 Cr
P/E Ratio74.37x100.87x
P/B Ratio4.98x23.77x
EPS₹0.4₹8.29
Book Value₹89.01₹155.84
Dividend Yield0.29%0%

Growth

MetricHLEGLASSPECTRUM
Revenue Growth (TTM YoY)17.1%67.9%
EPS Growth (TTM YoY)-47.5%95.9%
Qtr Sales Growth0%0%
Qtr Profit Growth0%0%

Profitability & Leverage

MetricHLEGLASSPECTRUM
ROE9.15%20.46%
ROCE9.37%14.44%
Net Margin3.53%8.24%
Operating Margin7.79%13.72%
Debt to Equity0.51x0.89x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricHLEGLASSPECTRUM
Promoter Holding65.64%66.88%▼ 5.84 pp
FII Holding2.05%▼ 0.22 pp3.5%▼ 0.14 pp
DII Holding4.71%▼ 0.16 pp7.99%▲ 7.63 pp
Public Holding27.6%▲ 0.38 pp21.63%▼ 1.66 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 and SPECTRUM.

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.