HLEGLAS
HLE Glascoat Limited (HLEGLAS) Stock Analysis
HLE Glascoat Limited manufactures glass-lined reactors, tanks, and process equipment for chemicals, pharmaceuticals, and food processing. Its corrosion-resistant equipment is used in plants requiring hygienic and aggressive-service duty. The company serves EPC firms and process industries in India. It is a listed process-equipment supplier.
Industrials › Specialty Industrial Machinery
₹423.70
-4.15% 1W | -10.90% 52W
Market Cap
2.9k CR
P/E Ratio
81.2
52W High
₹662
52W Low
₹250
Div. Yield
0.25%
Beta
0.6
50 DMA
₹385.8
200 DMA
₹362.9
Profit Margin
2.6%
Inst. Own.
5.4%
📉 CONSOLIDATING DOWN
📉 CONSOLIDATING DOWN
Fundamentals
Profit & Loss
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 197.19 | 224.42 | 239.23 | 306.90 | 227.07 | 235.78 | 231.03 | 333.71 | 283.95 | 350.78 | 326.57 | 391.69 | 300.75 |
| Expenses | 174.00 | 197.96 | 214.55 | 270.41 | 205.22 | 201.68 | 205.39 | 281.71 | 246.35 | 312.54 | 305.47 | 348.86 | 279.82 |
| Operating Profit | 23.19 | 26.46 | 24.68 | 36.49 | 21.85 | 34.10 | 25.64 | 52.00 | 37.60 | 38.24 | 21.10 | 42.83 | 20.93 |
| OPM % | 11.76% | 11.79% | 10.32% | 11.89% | 9.62% | 14.46% | 11.10% | 15.58% | 13.24% | 10.90% | 6.46% | 10.93% | 6.96% |
| Other Income | 0.68 | 1.52 | 0.59 | 1.97 | 1.78 | 1.39 | 1.93 | 2.25 | 2.25 | -1.15 | 0.31 | 0.68 | 1.70 |
| Interest | 4.78 | 5.77 | 9.70 | 10.34 | 9.44 | 8.65 | 8.78 | 9.32 | 8.60 | 9.33 | 7.86 | 8.66 | 8.36 |
| Depreciation | 5.96 | 6.07 | 7.33 | 6.95 | 7.26 | 7.30 | 7.38 | 7.73 | 8.36 | 8.60 | 9.90 | 9.60 | 9.90 |
| Profit before tax | 13.13 | 16.14 | 8.24 | 21.17 | 6.93 | 19.54 | 11.41 | 37.20 | 22.89 | 19.16 | 3.65 | 25.25 | 4.37 |
| Tax % | 29.17% | 33.02% | 27.43% | 30.04% | 21.79% | 26.15% | 9.82% | 14.95% | 21.93% | 27.14% | -26.03% | 20.20% | 52.86% |
| Net Profit | 9.29 | 10.82 | 5.97 | 14.80 | 5.42 | 14.42 | 10.28 | 31.64 | 17.86 | 13.96 | 4.60 | 20.15 | 2.05 |
| EPS in Rs | 1.36 | 1.47 | 0.44 | 1.45 | 0.50 | 1.86 | 1.24 | 2.98 | 2.16 | 1.73 | 0.41 | 2.62 | 0.40 |
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 359 | 426 | 484 | 652 | 932 | 968 | 1,028 | 1,353 | 1,370 |
| Expenses | 313 | 354 | 392 | 541 | 793 | 854 | 892 | 1,211 | 1,247 |
| Operating Profit | 47 | 73 | 93 | 111 | 139 | 114 | 136 | 142 | 123 |
| OPM % | 13% | 17% | 19% | 17% | 15% | 12% | 13% | 11% | 9% |
| Other Income | 2 | 5 | 4 | -1 | 8 | 4 | 8 | 2 | 2 |
| Interest | 15 | 13 | 11 | 14 | 25 | 33 | 39 | 37 | 34 |
| Depreciation | 7 | 7 | 9 | 11 | 23 | 26 | 30 | 36 | 38 |
| Profit before tax | 28 | 57 | 77 | 84 | 99 | 59 | 75 | 71 | 52 |
| Tax % | 33% | 31% | 31% | 31% | 30% | 30% | 18% | 20% | |
| Net Profit | 19 | 39 | 53 | 58 | 70 | 41 | 62 | 57 | 41 |
| EPS in Rs | 5.50 | 5.91 | 8.00 | 8.52 | 10.23 | 4.35 | 8.03 | 7.12 | 5.16 |
| Dividend Payout % | -0% | 15% | 10% | 12% | 11% | 25% | 14% | 15% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 13.0% | 23.0% | – |
| Profit CAGR | -8.0% | 1.0% | – |
Shareholding Pattern
Promoters66.78%
FIIs4.01%
DIIs4.01%
Public25.20%
Promoters65.64%
FIIs3.70%
DIIs4.04%
Public26.62%
Promoters65.64%
FIIs2.14%
DIIs4.48%
Public27.73%
Promoters65.64%
FIIs2.27%
DIIs4.88%
Public27.22%
Promoters65.64%
FIIs2.05%
DIIs4.71%
Public27.60%
Promoters70.32%
FIIs4.31%
DIIs0.71%
Public24.65%
Promoters66.69%
FIIs4.29%
DIIs3.77%
Public25.25%
Promoters66.69%
FIIs4.12%
DIIs3.52%
Public25.68%
Promoters65.64%
FIIs2.27%
DIIs4.88%
Public27.22%
Promoters65.64%
FIIs2.05%
DIIs4.71%
Public27.60%
HLEGLAS
Holdings Analysis
Key strengths & risk signals
59
Overall
53
Fundamental
66
Technical
Risks (2)
Cannot calculate PEG - insufficient growth data.
WEAK YEAR! Stock declined 10.9% in the last year.
Strengths (4)
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
BULLISH TREND! 50-day average (385.8) is above 200-day average (362.9) - positive signal.
LOW VOLATILITY! Beta of 0.60 - stable stock, less market risk.
STRONG POSITION! Current price (423.7) is above both moving averages.
Fundamental & Technical Analysis
59Overall
53Fundamental
66Technical
Fundamental Breakdown
Growth Quality
13/30
Revenue CAGR: 13.2% (GOOD, 11/15). Profit CAGR: -10.9% (DECLINING, 2/15).
Profit Margin
2/10
LOW MARGIN! 2.6% profit margin - thin profits.
PEG Valuation
1/10
Cannot calculate PEG - insufficient growth data.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0.25% yield - little to no income.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.00 - excellent financial health.
Public Holding
14/20
MODERATE PUBLIC HOLDING! 24.85% public ownership - balanced ownership structure.
Stability Index
10/10
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
Technical Breakdown
Moving Averages
12/10
BULLISH TREND! 50-day average (385.8) is above 200-day average (362.9) - positive signal.
Price Position
8/10
STRONG POSITION! Current price (423.7) is above both moving averages.
Trend Pattern
10/20
Current trend: CONSOLIDATING DOWN
52W Performance
2/10
WEAK YEAR! Stock declined 10.9% in the last year.
Volume Sentiment
20/30
BULLISH SENTIMENT! In last 30 days: 18 up days, 12 down days. Avg volume on up days: 405,577 vs down days: 344,294. Ratio: 1.18x
RSI
3/5
NEUTRAL! RSI at 51.5 - balanced momentum.
52W Range
3/5
MID RANGE! Trading at 42.2% of 52W range - neutral zone.
Momentum
3/5
MIXED MOMENTUM! Price growth is inconsistent - -4.2% (1 week), 15.2% (1 month), 1.1% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.60 - stable stock, less market risk.
HLEGLAS
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q4FY262026-06-01 | Concall PDF | |
| Q2FY262025-11-19 | Concall PDF |
Peer Comparison
Industrials · Specialty Industrial Machinery · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HLEGLAS | ₹423.70 | 81.2 | 2.6% | 13.2% | -10.9% | -10.9% | 59 | CONSOLIDATING DOWN | -82.9% | -84.6% | +6.0% | -23.2% |
| ANUP | ₹1,488.20 | 35.3 | 11.0% | 27.1% | 29.0% | -37.5% | 64 | BREAKOUT | -97.7% | -97.7% | -28.5% | -39.8% |
| SGLTL | ₹137.30 | 38.5 | 10.7% | 36.6% | 36.8% | -27.4% | 65 | BREAKOUT | +28.0% | -5.0% | +36.8% | +4.8% |
| KABRAEXTRU | ₹795.90 | 5685 | 0.1% | -12.3% | – | +218.3% | 62 | CONSOLIDATING UP | -77.6% | -124.6% | +44.8% | +3.7% |
| WINDMACHIN | ₹296.20 | 519.6 | 1.7% | 15.0% | -48.3% | -2.3% | 53 | APPROACHING SUPPORT | -91.4% | -112.5% | +31.4% | -19.3% |
| ADOR | ₹1,479.60 | 22.7 | 9.5% | 13.7% | 11.4% | +53.5% | 71 | BREAKDOWN | -790.0% | -19.3% | +22.9% | -3.0% |
| JNKINDIA | ₹424.40 | 31.3 | 8.4% | 26.2% | 11.9% | +42.1% | 72 | APPROACHING SUPPORT | +772.7% | -70.9% | +81.6% | -46.8% |
| PIXTRANS | ₹1,753.30 | 18.1 | 21.6% | 6.0% | 18.1% | +23.5% | 72 | HIT RESISTANCE | +88.9% | +160.9% | +22.8% | -12.6% |
Data from TradeAlone · Updated daily
