HLE Glascoat Ltd
HLEGLASHLE Glascoat Ltd
HLEGLAS
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
AvgFinancials growth has been moderate for a few years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 93.90 | 5.49 | 0.28% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 51.33 | 7.40 | 0.53% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
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
View olderPeers
Compare with peersCummins India Ltd
Thermax Limited
AIA Engineering Ltd
Jyoti CNC Automation Ltd
Carborundum Universal Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Hmm, looks like data is unavailable here. Please come back after some timeIncome
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 362.23 | 431.21 | 488.42 | 659.98 | 940.05 | 976.74 | 1,018.16 | |||||||
Raw Materials | 198.34 | 229.80 | 230.42 | 338.80 | 420.97 | 453.57 | 895.31 | |||||||
| Power & Fuel Cost | 18.32 | 22.49 | 17.45 | 26.84 | 42.24 | 47.43 | ||||||||
| Employee Cost | 27.08 | 32.45 | 36.36 | 67.27 | 147.22 | 177.45 | ||||||||
| Selling & Administrative Expenses | 18.55 | 21.26 | 25.28 | 31.65 | 51.51 | 56.01 | ||||||||
| Operating & Other expenses | 50.84 | 47.88 | 82.45 | 85.89 | 131.16 | 124.40 | ||||||||
EBITDA | 49.10 | 77.33 | 96.46 | 109.53 | 146.95 | 117.88 | 122.85 | |||||||
| Depreciation/Amortization | 6.53 | 7.44 | 8.61 | 11.23 | 22.70 | 26.31 | 28.84 | |||||||
| PBIT | 42.57 | 69.89 | 87.85 | 98.30 | 124.25 | 91.57 | 94.01 | |||||||
| Interest & Other Items | 15.05 | 13.33 | 10.61 | 13.99 | 24.91 | 32.89 | 38.13 | |||||||
| PBT | 27.52 | 56.56 | 77.24 | 84.31 | 99.34 | 58.68 | 55.88 | |||||||
| Taxes & Other Items | 9.62 | 18.32 | 24.92 | 26.14 | 29.51 | 28.99 | 26.83 | |||||||
| Net Income | 17.90 | 38.24 | 52.32 | 58.17 | 69.83 | 29.69 | 29.05 | |||||||
| EPS | 0.22 | 0.31 | 0.54 | 2.94 | 10.23 | 4.35 | 4.26 | |||||||
| DPS | 0.00 | 0.18 | 0.16 | 1.00 | 1.10 | 1.10 | 1.10 | |||||||
| Payout ratio | 0.00 | 0.57 | 0.30 | 0.34 | 0.11 | 0.25 | 0.26 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
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PDFAnnual report
PDFAnnual report
PDFInvestor Presentation
Peers & Comparison
IndustrialsIndustrial Machinery
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| HLE Glascoat Ltd | 91.88 | 5.49 | 0.28% |
| Cummins India Ltd | 56.81 | 14.78 | 1.08% |
| Thermax Limited | 81.05 | 11.78 | 0.26% |
| AIA Engineering Ltd | 28.59 | 4.87 | 0.46% |
Price Comparison
Compare HLEGLAS with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Increased Total Retail Holding
In last 3 months, retail holding in the company has increased by 1.53%
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
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) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
DSP Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 3.5105% | Percentage of the fund’s portfolio invested in the stock 0.59% | Change in the portfolio weight of the stock over the last 3 months -0.00% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 59/79 (0) |
Bandhan Nifty Total Market Index Fund - Direct Plan - Growth Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0000% | Percentage of the fund’s portfolio invested in the stock 0.00% | Change in the portfolio weight of the stock over the last 3 months -0.00% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 748/801 (-8) |
Groww Nifty Total Market Index Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0000% | Percentage of the fund’s portfolio invested in the stock 0.00% | Change in the portfolio weight of the stock over the last 3 months -0.00% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 49/799 (0) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
Dividend Yield
Current dividend yield is 0.28%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹2.75 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateSep 19, 2024
Dividend/Share
₹1.10
Ex DateEx Date
Sep 19, 2024
Cash Dividend
Ex DateEx DateSep 21, 2023
Dividend/Share
₹1.10
Ex DateEx Date
Sep 21, 2023
Cash Dividend
Ex DateEx DateAug 24, 2022
Dividend/Share
₹5.00
Ex DateEx Date
Aug 24, 2022
Cash Dividend
Ex DateEx DateAug 30, 2021
Dividend/Share
₹4.00
Ex DateEx Date
Aug 30, 2021
Cash Dividend
Ex DateEx DateSep 10, 2020
Dividend/Share
₹2.50
Ex DateEx Date
Sep 10, 2020
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
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
HLE Glascoat announced that the Annual General Meeting (AGM) of the company will be held on 26 September 2024.Powered by Capital Market - Live
HLE Glascoat announced that the Annual General Meeting (AGM) of the company will be held on 26 September 2024.Powered by Capital Market - Live
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
HLE Glascoat will hold a meeting of the Board of Directors of the Company on 5 August 2024.Powered by Capital Market - Live
HLE Glascoat Shares Jump Over 15% After Multiple Large Trade
“HLE Glascoat’s Shares Drop 0.55% After Reporting 39% Decrease in Profit for Q2 FY2023”
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 21.94%, vs industry avg of 10.63%
Increasing Market Share
Over the last 5 years, market share increased from 0.53% to 0.8%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 10.65%, vs industry avg of 23.32%