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HLE Glascoat Ltd

HLEGLAS

HLE Glascoat Ltd

HLEGLAS
IndustrialsIndustrial Machinery
SmallcapWith a market cap of ₹2,465 cr, stock is ranked 1,024
Moderate RiskStock is 2.18x as volatile as Nifty
361.101.09% (+3.90)
361.101.09% (+3.90)

Price Chart

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IndustrialsIndustrial Machinery
SmallcapWith a market cap of ₹2,465 cr, stock is ranked 1,024
Moderate RiskStock is 2.18x as volatile as Nifty

How to use scorecard? Learn more

IndustrialsIndustrial Machinery
SmallcapWith a market cap of ₹2,465 cr, stock is ranked 1,024
Moderate RiskStock is 2.18x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
84.864.960.30%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
47.036.550.58%

Forecast & Ratings

Detailed Forecast 
Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

HLE Glascoat Ltd, formerly Swiss Glascoat Equipments Limited is an India-based company engaged in designing and manufacturing of carbon steel glass lined equipment.

Investor Presentation

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Nov 13, 2024

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 21.94%, vs industry avg of 10.7%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 0.54% to 0.82%

Lower than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 10.65%, vs industry avg of 23.81%

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Financial YearFY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue362.23431.21488.42659.98940.05976.741,018.16
Raw Materialssubtract198.34229.80230.42338.80420.97453.57895.31
Power & Fuel Costsubtract18.3222.4917.4526.8442.2447.43
Employee Costsubtract27.0832.4536.3667.27147.22177.45
Selling & Administrative Expensessubtract18.5521.2625.2831.6551.5156.01
Operating & Other expensessubtract50.8447.8882.4585.89131.16124.40
Depreciation/Amortizationsubtract6.537.448.6111.2322.7026.3128.84
Interest & Other Itemssubtract15.0513.3310.6113.9924.9132.8938.13
Taxes & Other Itemssubtract9.6218.3224.9226.1429.5128.9926.83
EPS0.220.310.542.9410.234.354.26
DPS0.000.180.161.001.101.101.10
Payout ratio0.000.570.300.340.110.250.26

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2021

Annual report

PDF

Investor Presentation

Nov 5PDF
FY 2023

Annual report

PDF

Investor Presentation

May 30PDF
Feb 16PDF
FY 2024

Annual report

PDF

Investor Presentation

Aug 10PDF
Aug 9PDF
Aug 9PDF
FY 2025

Annual Report Pending

Investor Presentation

Nov 13PDF
 

Peers & Comparison

Comparing 3 stocks from 
IndustrialsIndustrial Machinery

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
HLE Glascoat Ltd83.034.960.30%
Cummins India Ltd53.4813.921.14%
Thermax Limited78.3511.390.27%
AIA Engineering Ltd28.064.780.47%

Price Comparison

Compare HLEGLAS with any stock or ETF
Compare HLEGLAS with any stock or ETF
HLEGLAS
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Increased Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has increased by 1.53%

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding66.69%3.52%0.00%4.07%25.72%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep4.30%4.25%4.24%4.28%4.27%4.07%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 4 Mutual Funds holding HLE Glascoat Ltd




Funds (Top 4)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
DSP Small Cap Fund - Growth - Direct Plan

Growth
3.6048%0.55%-0.11%64/81 (-5)
Bandhan Nifty Total Market Index Fund - Direct Plan - Growth

Growth
0.0000%0.00%-0.00%750/803 (-6)
Groww Nifty Total Market Index Fund - Growth - Direct Plan

Growth
0.0000%0.00%-0.00%50/801 (0)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.30%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹3.05 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateSep 19, 2024

Final
Final | Div/Share: ₹1.10

Dividend/Share

1.10

Ex DateEx Date

Sep 19, 2024

Cash Dividend

Ex DateEx DateSep 21, 2023

Final
Final | Div/Share: ₹1.10

Dividend/Share

1.10

Ex DateEx Date

Sep 21, 2023

Cash Dividend

Ex DateEx DateAug 24, 2022

Final
Final | Div/Share: ₹5.00

Dividend/Share

5.00

Ex DateEx Date

Aug 24, 2022

Cash Dividend

Ex DateEx DateAug 30, 2021

Final
Final | Div/Share: ₹4.00

Dividend/Share

4.00

Ex DateEx Date

Aug 30, 2021

Cash Dividend

Ex DateEx DateSep 10, 2020

Final
Final | Div/Share: ₹2.50

Dividend/Share

2.50

Ex DateEx Date

Sep 10, 2020

News & Opinions
Spotlight
HLE Glascoat zooms after Q2 PAT climbs 33% YoY to Rs 14 cr

Profit before tax (PBT) jumped 21% YoY to Rs 19.53 crore during the quarter. EBITDA (includes other income) stood at Rs 35.48 crore during the quarter, up 18.9% as compared with Rs 29.85 crore posted in corresponding quarter last year. EBITDA margin increased 170 bps to 15.1% in Q2 FY25 as against 13.3% in Q2 FY24. Revenue from Filtration, Drying and Other Equipment declined 35.5% YoY to Rs 64.95 crore in Q2 FY25 while revenue from glass lined equipment jumped 18.4% YoY to Rs 144.39 crore during the quarter. The orderbook as at September 2024 end of Rs 602.47 crore provides reasonable visibility. Meanwhile, the company has signed definitive agreements with Clean Max Enviro Energy Solutions (Clean Max) and Clean Max Anchorage (CMAPL), whereby the company will acquire 26% equity shares of CMAPL from Clean Max. This investment is intended for the purpose of developing a captive power facility in state of Gujarat having a solar capacity of 2.31 MWp and a wind capacity of 3.30 MW. HLE Glascoat is a leading manufacturer of process equipment for the chemical and pharmaceutical industries. It manufactures a wide range of chemical processing equipment in an equally wide range of materials for some of the most demanding applications.Powered by Capital Market - Live

1 week agoCapital Market - Live
Earnings
HLE Glascoat consolidated net profit rises 26.52% in the September 2024 quarter

Net profit of HLE Glascoat rose 26.52% to Rs 12.69 crore in the quarter ended September 2024 as against Rs 10.03 crore during the previous quarter ended September 2023. Sales rose 5.06% to Rs 235.78 crore in the quarter ended September 2024 as against Rs 224.42 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales235.78224.42 5 OPM %14.4611.79 - PBDT26.8424.08 11 PBT19.5318.02 8 NP12.6910.03 27 Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
HLE Glascoat to conduct AGM

HLE Glascoat announced that the Annual General Meeting (AGM) of the company will be held on 26 September 2024.Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
HLE Glascoat to hold AGM

HLE Glascoat announced that the Annual General Meeting (AGM) of the company will be held on 26 September 2024.Powered by Capital Market - Live

2 months agoCapital Market - Live

HLE Glascoat consolidated net profit declines 63.40% in the June 2024 quarter

3 months agoBusiness Standard
Earnings
HLE Glascoat consolidated net profit declines 63.40% in the June 2024 quarter

Net profit of HLE Glascoat declined 63.40% to Rs 3.40 crore in the quarter ended June 2024 as against Rs 9.29 crore during the previous quarter ended June 2023. Sales rose 15.15% to Rs 227.07 crore in the quarter ended June 2024 as against Rs 197.19 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales227.07197.19 15 OPM %9.6211.76 - PBDT14.1919.09 -26 PBT6.9313.12 -47 NP3.409.29 -63 Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
HLE Glascoat to discuss results

HLE Glascoat will hold a meeting of the Board of Directors of the Company on 5 August 2024.Powered by Capital Market - Live

3 months agoCapital Market - Live

HLE Glascoat Shares Jump Over 15% After Multiple Large Trade

1 year agoBloomberg Quint
HLE Glascoat: Kinam Consolidated Margin Will Be In The Range Of 16-18% | CNBC TV18
1 year agoCNBC-TV18

“HLE Glascoat’s Shares Drop 0.55% After Reporting 39% Decrease in Profit for Q2 FY2023”

1 year agoThe Hindu Businessline