HLEGLAS vs WALCHANNAG: Stock Comparison

HLE Glascoat Limited vs Walchandnagar Industries LtdUpdated 21 Aug 26, 4:08 PM ISTNSE & company filings

HLE Glascoat Limited is the larger company by market capitalisation. HLE Glascoat Limited shows a higher ROE, a higher dividend yield and a higher ROCE, while Walchandnagar Industries Ltd shows a lower P/E, faster revenue growth 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

HLEGLAS leads 7; WALCHANNAG leads 6 of 13

Not a rating

Interactive comparison

Compare the numbers that shape the decision

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HLEGLASWALCHANNAG

Valuation lens

What price are you paying?

Market CapContext only
₹2,200 Cr
₹1,547 Cr
P/E RatioWALCHANNAG has the lower reading
62.02x
-492.5x
P/B RatioHLEGLAS has the lower reading
4.16x
4.28x
EPSHLEGLAS has the higher reading
₹7.19
₹-0.46
Book ValueContext only
₹77.8
₹52.9
Dividend YieldHLEGLAS has the higher reading
0.24%
0%

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

Key Differences

Market Cap
HLEGLAS is the larger company
₹2,200 Cr vs ₹1,547 Cr
P/E Ratio
WALCHANNAG has a lower P/E
-492.5x vs 62.02x
P/B Ratio
HLEGLAS has a lower P/B
4.16x vs 4.28x
EPS
HLEGLAS has higher earnings per share
₹7.19 vs ₹-0.46
Dividend Yield
HLEGLAS has a higher dividend yield
0.24% vs 0%
Revenue Growth (TTM YoY)
WALCHANNAG has faster revenue growth
75.3% vs 17.1%
EPS Growth (TTM YoY)
WALCHANNAG has faster EPS growth
0% vs -47.5%
Qtr Sales Growth
WALCHANNAG has stronger quarterly sales growth
83.8% vs 17.4%

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

Profile

MetricHLEGLASWALCHANNAG
SectorCapital GoodsCapital Goods
IndustryIndustrial ProductsIndustrial Products

Price

MetricHLEGLASWALCHANNAG
Live Price₹319₹227.09
Day Change2.31%1.42%
Volume1.07 L8.67 L
52-Week High₹661.95₹315.8
52-Week Low₹250₹131.15
Distance from 52W High-51.81%-28.09%

Valuation

MetricHLEGLASWALCHANNAG
Market Cap₹2,200 Cr₹1,547 Cr
P/E Ratio62.02x-492.5x
P/B Ratio4.16x4.28x
EPS₹7.19₹-0.46
Book Value₹77.8₹52.9
Dividend Yield0.24%0%

Growth

MetricHLEGLASWALCHANNAG
Revenue Growth (TTM YoY)17.1%75.3%
EPS Growth (TTM YoY)-47.5%0%
Qtr Sales Growth17.4%83.8%
Qtr Profit Growth-9.28%111%

Profitability & Leverage

MetricHLEGLASWALCHANNAG
ROE10.8%-4.41%
ROCE11.8%4.17%
Net Margin3.53%-5.34%
Operating Margin10.3%7.51%
Debt to Equity0.65x0.61x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricHLEGLASWALCHANNAG
Promoter Holding65.64%24.13%
FII Holding2.05% 0.22 pp2.38% 1.91 pp
DII Holding4.71% 0.16 pp0.5% 0.29 pp
Public Holding27.6% 0.38 pp65.51% 1.63 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 Walchandnagar Industries 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.