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HLE Glascoat

HLE Glascoat Latest Share Price (HLEGLAS)

TechnicalsTV Chart
319.00
7.20+2.31%
Overall Score45/100
Day range311
₹319.00
322
52-week250
₹319.00
662
Above low+27.6%
Below high51.8%
Range position17%
Open311.80
Prev Close311.80
Bid318.98100
Ask319.03100

TODAY IN ONE LINE

HLEGLAS rose 2.3% on light volume, outperforming Nifty's 0.1% move, supported by recent strong earnings.

With a market cap of ₹2,200.33 Cr., it trades at a P/E of 62.02. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.

Volume106.6K77%vs 20D avg
Market Cap₹2,200.33 Cr.
Promoter65.64%
Face Value₹2
Fwd P/E
PEG
EV/EBITDA22.69
P/S2.44
ROA4.83%
Beta0.94
Div Payout15.26%
THE STOCK SCORE
Overall Score45/100
Updated 22 Aug

How good is this company?

Overall performance across 5 key dimensions.

Each card tappable → shows formula + inputs
FLAGS & NEWS

HLE Glascoat flags & news 

Key strengths, potential risks, and recent updates.

2 green flags🚩 3 red flags

Green Flags

  • High Promoter HoldingPromoters hold 65.6% skin-in-the-game
  • Zero Pledge RiskNo recent active promoter pledging found

Red Flags

  • Earnings DeclineEPS (TTM) has contracted by 47.5% YoY
  • Expensive ValuationTrading at a high P/E ratio of 54.4x
  • Promoter SellingPromoter holding decreased by 1.14% QoQ

Latest HLE Glascoat News

THE CHANGELOG

What changed recently?

Recent events, corporate actions, and announcements.

18 AUG 2026
corporate
General Updates - HLE Glascoat Limited has informed the Exchange about Updates on further investment of Euro 100,000 t...
View PDF
🔒Prime: full history + alerts on this stock
Valuation

HLE Glascoat Limited valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for HLE Glascoat Limited, framed against the sector median so the premium or discount is obvious at a glance.

HLE Glascoat Limited trades at a P/E of 62.02× and P/B of 4.16×.

Key MetricsMarket + reported · 21 Aug 2026Consolidated

Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.

Valuation

Valuation

Market Cap
₹2,200.33 Cr.
P/E Ratio
62.02
P/B Ratio
4.16
EPS
₹7.19
Profitability

Profitability

ROE
10.8%
ROCE
11.8%
Net Margin
3.53%
Op Margin
10.3%
Growth

Growth

EPS YoY
-47.5%
Revenue YoY
17.1%
Qtr Sales
17.4%
Qtr Profit
-9.28%
Financial Health

Financial Health

Debt / Equity
0.65
Book Value
₹77.8
Div Yield
0.24%
Promoter Holding
65.64%
Technicals

HLE Glascoat Limited technical analysis: indicators, pivots and CPR.

Latest RSI, MACD and moving-average signals plus the latest pivot and Central Pivot Range levels for HLE Glascoat Limited — derived from the latest tape, not yesterday's close.

HLE Glascoat Limited last traded at ₹319 with an intraday range of ₹311.35–₹322 — latest indicator, pivot and CPR signals below.

Last updated: 24 August 2026, 4:08 pm IST

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Last: ₹319.00
LevelPrice (₹)Distance% Δ
R4344.85+25.85+8.10%
R3334.20+15.20+4.76%
R2328.10+9.10+2.85%
R1323.55+4.55+1.43%
PIVOT317.45-1.55-0.49%
CURRENT319.00
S1312.90-6.10-1.91%
S2306.80-12.20-3.82%
S3302.25-16.75-5.25%
S4291.60-27.40-8.59%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 316.68P: 317.45TC: 318.22
R1
R2
R3
R4
indicator
LTP: 319.00
PDH: 321.90
PDL: 311.00
● Market Sentiment

HLEGLAS is trading Above CPR, indicating Bullishness

● CPR Width

CPR is Average

● Opening Range

Day's range: 311.35318

● Price Position

Trading Inside opening range

Financials

HLE Glascoat Limited financials: P&L, balance sheet, cash flow, ratios.

Reported annual and quarterly results for HLE Glascoat Limited — consolidated or standalone — with margins, YoY growth and key ratios inline.

HLE Glascoat Limited reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹2,200.33 Cr. and reported EPS of ₹7.19.

iTap any row for a plain-English meaningChange vs a year ago — green means the move is healthy for that line, red means it isn’tDerivedCalculated by us, not reported directly
Mobile view
Latest vs previous year
MetricMar 2025Mar 2026
Revenue from Operations1,028
1,353
31.7%
Sales Growth YoY %Derived6.16%
31.67%
Other Income7
9
19.4%
Total Income1,035
1,362
31.6%
449
634
41.1%
Gross ProfitDerived578
719
24.4%
Gross Margin %Derived56.30%
53.17%
445
580
30.3%
EBITDA (Operating Profit)Derived134
140
4.6%
OPM %Derived13.00%
10.33%
66
64
2.5%
Profit Before Tax (PBT)75
71
5.5%
13
14
8.1%
Effective Tax %Derived17.72%
20.27%
Total Profit for Period62
57
8.4%
Less: Non-controlling Interests15
7
52.6%
Net Profit (Owner's PAT)Derived47
49
5.8%
Net Profit Margin %Derived4.55%
3.65%
PAT Growth YoY %Derived57.35%
5.80%
Earnings Per Share (EPS ₹)6.84
7.12
4.1%
Diluted Shares Outstanding (Cr)7
7
1.7%
Other Comprehensive Income (Net of Tax)3
14
335.4%
Total Expenses (incl. D&A & Interest)960
1,291
34.5%
Material Cost % of RevenueDerived48.57%
44.59%
Employee Cost % of RevenueDerived19.53%
18.71%
Other Cost % of RevenueDerived23.77%
24.12%
Interest Coverage (x)Derived2.87x
3.00x
Sales CAGR · 3Y
+13.2%
Sales CAGR · 5Y
+22.8%
PAT CAGR · 3Y
-10.9%
PAT CAGR · 5Y
-1.1%
all values in ₹ Cr unless marked % / x / ₹ · fiscal-period end shown · reported figures via Stockezee financials API · annual results may be audited; quarterly results may be unaudited or limited-review
Segment Analysis

HLE Glascoat segment analysis : revenue and profit mix.

Disclosed business segments at HLE Glascoat with their share of revenue and profit, switchable between consolidated and standalone reporting.

HLE Glascoat discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.

Segment-wise Financial Analysis

Thesis

The Bull, Bear, and Flip case for HLE Glascoat Limited.

Our AI distills the core fundamental drivers supporting HLE Glascoat Limited, the risks that threaten it, and the quantitative conditions that could weaken the thesis.

HLE Glascoat Limited's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

  • Strong promoter holding of 65.64% ensures aligned long-term governance and strategic direction.

  • 5-year revenue CAGR of 21.92% demonstrates consistent robust growth trajectory despite cyclicality.

  • Operating cash flow of ₹66.08 Cr comfortably covers PAT, ensuring strong liquidity and earnings quality.

  • ROE of 10.80% and ROCE of 11.80% outperform sector median benchmarks, signaling capital efficiency.

  • Diversified product portfolio across pharma, chemicals, filtration, and heat transfer equipment reduces concentration risk.

bear case

Key Risks.

  • TTM EPS declined 47.5% YoY, raising significant earnings sustainability and profitability concerns.

  • Latest quarterly EPS declined 17.8% YoY despite revenue growth acceleration, signaling margin compression.

  • P/E ratio of 54.38x substantially exceeds sector average valuations, creating valuation risk.

  • Operating margin of 7.63% remains modest; net margin of 3.53% trails industry leaders significantly.

  • Current ratio of 0.95x falls below 1.0 threshold; working capital deficit signals tight liquidity stress.

flip conditions

Flip Conditions.

  • Valuation risk. a P/E above 81 would leave less room for earnings disappointment.

  • Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.

  • Watch interest coverage if debt-to-equity climbs above 1.15. Balance sheet risk re-prices growth multiples fast.

  • Return-quality risk. ROE below 8% would indicate weaker capital compounding.

Shareholding

HLE Glascoat shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in HLE Glascoat — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

AnnualJun 2026

Public27.60%0.38%
FII2.05%0.22%
Promoters65.64%
DII4.71%0.16%

Ownership Distribution

Retail & Public
27.60%
Foreign Institutions
2.05%
Promoters
65.64%
Domestic Institutions
4.71%

Category Trends

Foreign Institutions Breakdown
Total Holding: 2.05%
Net Change: -0.22%
Detailed Institutions2 institutions
Total Holding1.85%
Net Change+0.00%
Institution Name
Trend (Last 6)
Holding %
QoQ Change
YoY ChangePeriod
MALABAR INDIA FUND LIMITED
1.85%
0.00%
0.00%
Jun 2026
Malabar India Fund Limited, a category I foreign portfolio investor
0.00%
0.00%
0.00%
Jun 2026
Peers

HLE Glascoat Limited peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — HLE Glascoat Limited is highlighted for quick read-across.

Quick Compare

Largest by Market Cap
Dynamatic Technologies Limited
₹786992.41 Lakh Cr
Best Profit Growth
DEE Development Engineers Limited
314.00 %
Highest Dividend Yield
Honda India Power Products Limited
7.07 %

Peer Comparison

Company Name
09 · Chart Patterns

HLE Glascoat Limited chart patterns: breakouts, tops and bottoms.

Auto-detected classical chart patterns for HLE Glascoat Limited — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.

Delivery Conviction

HLE Glascoat Limited delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for HLE Glascoat Limited over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in HLE Glascoat Limited stood at 56.0% of traded volume, against a 20-day average of 48.5%.

Avg Delivery (20D)48.5%+7.5 ppt latest vs avg
Highest Delivery100%on 11 Aug
Avg Volume (20D)4.60 L20-day run-rate
Conviction Trend↑ Strengthening+7.5 ppt latest read
Volume & Delivery · last 20 sessions
Exchange Filings & Investor Updates

HLE Glascoat announcements: results, concalls, ratings, M&A.

Filings HLE Glascoat sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

HLE Glascoat files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 105 documents below.

  1. 18 Aug 2026General UpdatesView PDF

    General Updates

    HLE Glascoat Limited has informed the Exchange about Updates on further investment of Euro 100,000 towards the Share Capital of a Wholly Owned…

  2. 12 Aug 2026Copy of Newspaper PublicationView PDF

    Copy of Newspaper Publication

    HLE Glascoat Limited has informed the Exchange about Copy of Newspaper Publication regarding Standalone and Consolidated Unaudited Financial Result…

  3. 12 Aug 2026Copy of Newspaper PublicationView PDF

    Copy of Newspaper Publication

    HLE Glascoat Limited has informed the Exchange about Copy of Newspaper Publication regarding Standalone and Consolidated Unaudited Financial Result…

  4. 11 Aug 2026Press ReleaseView PDF

    Press Release

    HLE Glascoat Limited has informed the Exchange regarding a press release dated August 10, 2026, titled "Press Release Q1 FY 2026-27.".

  5. 10 Aug 2026Outcome of Board MeetingView PDF

    Outcome of Board Meeting

    HLE Glascoat Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.

Corporate Actions

HLE Glascoat dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue HLE Glascoat has declared, sequenced by announce and record date.

HLE Glascoat corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

Insider Activity

HLE Glascoat insider trading: promoter and management activity.

Promoter, director and designated-employee transactions in HLE Glascoat as reported to SEBI — buying and selling signals from the people who know the business best.

HLE Glascoat insider activity below tracks 3 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).

InsiderCategoryTxn DateActionQuantityValue (₹)Price
Himanshu Khushalbhai PatelInsider28 Mar 2025buy+15.0 K₹36.53 L₹243.55
Harsh Himanshubhai PatelInsider28 Mar 2025buy+25.6 K₹63.91 L₹249.75
Nilesh Khushalbhai PatelInsider28 Mar 2025buy+20.0 K₹48.93 L₹244.63
About the Company

About HLE Glascoat Limited: business, sector, key facts.

What HLE Glascoat Limited does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

HLE Glascoat Limited operates in the Industrial Products industry under the Capital Goods sector, listed as NSE: HLEGLAS, BSE: 522215.

HLEGLAS
Capital Goods

HLE Glascoat Limited

NSE · HLEGLAS·BSE · 522215·www.hleglascoat.com

HLE Glascoat Limited is a prominent Indian manufacturer and supplier of glass-lined carbon steel equipment, catering to both domestic and international markets. Their business is segmented into four key areas: Filtration, Drying, and Other Equipment; Glass-Lined Equipment; Heat Transfer Equipment; and a segment encompassing specialized exotic metal and GMP pharma equipment. This diversified approach allows them to serve a broad spectrum of industries with tailored solutions.

The Filtration, Drying, and Other Equipment segment focuses on producing a range of machinery for various process applications. This includes agitated nutsche filters for solid-liquid separation, rotary vacuum paddle dryers for efficient moisture removal, kilo-lab filters for smaller-scale operations, rapid disc dryer-coolers, orbicular driers, and other ancillary chemical processing equipment, along with necessary spares and accessories. This segment supports industries needing controlled and precise material handling and processing.

The core of HLE Glascoat's business lies in its Glass-Lined Equipment segment. Here, they manufacture a wide array of equipment crucial for chemical processing. This includes reactors for chemical reactions, heat exchangers for temperature control, receivers for collecting products, storage tanks, columns for various separation processes, agitators for mixing, and associated valves, pipes, and fittings. These products are essential for many chemical production processes, emphasizing durability and resistance to corrosion.

HLE Glascoat's Heat Transfer Equipment segment further complements their offerings by providing efficient solutions for thermal management. They produce a variety of heat exchangers, including spiral, corrugated, plate tube, box type, and shell and tube heat exchangers, meeting diverse industrial heat transfer needs. This segment contributes significantly to process optimization across various industries.

Finally, the company also provides exotic metal equipment and equipment adhering to Good Manufacturing Practices (GMP) standards for the pharmaceutical sector. This specialized segment underscores their commitment to serving high-demanding applications in the pharmaceutical and related industries, emphasizing quality and regulatory compliance. HLE Glascoat's diverse product portfolio and focus on quality make them a key player in the global chemical equipment market, serving clients across pharmaceutical, agrochemical, dye, pigment, food, and various other industrial sectors.

company facts
Employees
SectorCapital Goods
HeadquartersAnand, India
Market Cap₹2,200.33 Cr.
Listed OnNSE
leadership20 on record
Bharat J. Dhanak
Vice President of Sales & Marketing
Harshal Barot
Head of People Success
Mr. Aalap Nileshbhai Patel
Executive Director of Technical & Whole-Time Director
Mr. Aalap Patel
Executive Director
Mr. Achal S. Thakkar C.S.
Company Secretary & Compliance Officer
Mr. Achal Thakkar
Compliance Officer, Company Secretary
Mr. Harsh Himanshubhai Patel
Whole-Time Director
Mr. Harsh Patel
Whole-Time Director
Mr. Himanshu Khushalbhai Patel
MD & Director
Mr. Himanshu Patel
Managing Director, Executive Director
Mr. Jayesh Bhai Shah
Non-Executive Independent Director
Mr. Kiran Sudhakar Kulkarni
Vice President of Operations
§ ∞ · Plainly Answered

Questions investors ask about HLE Glascoat Limited (HLEGLAS).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of HLE Glascoat Limited (HLEGLAS)?

The current share price of HLE Glascoat Limited (HLEGLAS) is ₹319.00. Today, the stock has gained by ₹7.20 (2.31%), trading in a range of ₹311.35 to ₹322.00. The stock opened at ₹311.80 with a trading volume of 1,06,552 shares.

02Is HLE Glascoat Limited stock a good investment for long-term?

HLE Glascoat Limited can be considered for long-term investment based on several factors. The company has a market capitalization of ₹2,200.33 Cr., P/E ratio of 62.02, ROE of 10.8%, and ROCE of 11.8%. The dividend yield stands at 0.24%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.

03What is the 52-week high and low price of HLE Glascoat Limited stock?

The 52-week high price of HLE Glascoat Limited (HLEGLAS) is ₹661.95, while the 52-week low is ₹250.00. Currently trading at ₹319.00, the stock is 27.6% above its 52-week low and 51.81% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.

04Should I buy HLE Glascoat Limited stock at the current price?

Whether to buy HLE Glascoat Limited stock at ₹319.00 depends on multiple factors. The stock is currently trading with a P/E ratio of 62.02 and P/B ratio of 4.16. Today's performance shows a gain of 2.31%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.

05What is the dividend yield of HLE Glascoat Limited and when is the next dividend?

HLE Glascoat Limited offers a dividend yield of 0.24%, which means for every ₹100 invested at the current price of ₹319.00, you can expect to receive approximately ₹0.24 annually as dividends. The face value of the stock is ₹2.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.

06What are the key financial ratios and metrics of HLE Glascoat Limited?

HLE Glascoat Limited's key financial metrics include: P/E Ratio: 62.02, P/B Ratio: 4.16, ROE: 10.8%, ROCE: 11.8%, Dividend Yield: 0.24%, EPS: ₹7.19, Book Value: ₹77.80, and Debt-to-Equity: 0.65. The company's market cap stands at ₹2,200.33 Cr.. These metrics help evaluate the company's valuation, profitability, and financial health.

07How is HLE Glascoat Limited stock performing today in the market?

HLE Glascoat Limited stock opened at ₹311.80 and is currently trading at ₹319.00, showing a gain of ₹7.20 (2.31%). The intraday high is ₹322.00 and low is ₹311.35. The trading volume stands at 1,06,552 shares, indicating moderate market participation today.

08What is the P/E ratio of HLE Glascoat Limited and what does it indicate?

HLE Glascoat Limited has a Price-to-Earnings (P/E) ratio of 62.02, which means investors are willing to pay 62.02 for every ₹1 of earnings. With an EPS of ₹7.19, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.

Disclaimer

The data, ratios and commentary about HLE Glascoat Limited (HLEGLAS) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.