HLE Glascoat Limited

Web: glascoat.com NSE: HLEGLAS BSE: 522215 SECTOR: Capital Goods - Industrial Manufacturing | Add Note | View Notes

324 4(1%)

Volume

2L as on 23, Jun

Open

387

High

390

Low

384

320

VWAP

390

52 Week High

662

52 Week Low

250

Viand Research Rating

Quality Score

7/100

Growth Score

53/100

Valuation Score

50/100

Momentum Score

20/100

Analyst Recommendations

BUY/SELL

Hold | Buy | Strong Buy

Analyst Price Target

Market Cap (cr)

2,251

No. of Shares

6.95

P/E

124.41

P/B

7.28

Face Value

Div. Yield

Book Value (TTM)

CASH

DEBT

EPS (TTM)

ROE

5.85

ROCE

Profit Growth

Listing Date

09-Feb-23

Promoter Holding

65.64%

FII Holding

2.05%

DII Holding

4.71%

Price Chart

Price Performance

1 Week1%

1 Month19%

3 Months39%

6 Months23%

1 Year23%

YTD23%

Moving Average

5 Day SMA384

10 Day SMA380

20 Day SMA368

30 Day SMA353

50 Day SMA343

61 Day SMA331

80 Day SMA0

200 Day SMA0

PIVOT LEVEL

	Standard	Camarilla	Fibonacci	Woodie's
Resistance 3	437	404	421	442
Resistance 2	421	401	410	423
Resistance 1	408	399	403	412
Pivot Point	392	396	392	394
Support 1	379	393	381	384
Support 2	363	391	374	365
Support 3	350	388	363	354

Competitors/Peers

#	Symbol	MCAP	LTP	1W	1M	6M	1Y	P/E	Ind PE	Debt/Eq	NP Qtr Rs.Cr.
1	HAL	3,29,158	4922	3%	2%	21%	7%	31	94	0	9116
2	BEL	2,98,458	405	1%	4%	10%	10%	49	94	0	6062
3	TMCV	1,68,152	457	3%	2%	8%	40%	0	94	0.44	3030
4	ABB	1,57,098	7414	1%	2%	24%	44%	93	94	0.02	1668
5	BHEL	1,50,199	431	0%	5%	65%	105%	409	94	0.31	1600
6	SIEMENS	1,41,882	3984	2%	3%	21%	28%	66	94	0.02	2754
7	CGPOWER	1,41,050	895	0%	8%	26%	21%	119	94	0.01	1199
8	POWERINDIA	1,40,760	31580	6%	0	25%	69%	150	94	0.02	988
9	CUMMINSIND	1,39,335	5026	2%	9%	5%	29%	74	94	0	2362
10	POLYCAB	1,24,768	8280	3%	3%	3%	21%	52	94	0.02	2708
Load More

Shareholding Pattern (%)

	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022	Dec 2021	Sep 2021
Promoters	(0.01) 65.64%	(0.01) 65.64%	(0.01) 65.64%	(-1.11) 65.64%	(0.11) 66.78%	(0.01) 66.69%	(0.01) 66.69%	(0.01) 66.69%	(0.01) 66.69%	(0.01) 66.69%	(0.01) 66.69%	(-3.61) 66.69%	(0.01) 70.32%	(0.01) 70.32%	(0.01) 70.32%	(0.01) 70.32%	(0.01) 70.32%	(0.01) 70.32%	(-1.01) 70.32%	(0.01) 71.32%
FIIs	(-0.21) 2.05%	(0.11) 2.27%	(-1.61) 2.14%	(-0.31) 3.70%	(-0.11) 4.01%	(0.11) 4.12%	(-0.11) 4.01%	(-0.21) 4.07%	(0.01) 4.26%	(0.01) 4.29%	(0.01) 4.24%	(0.01) 4.25%	(0.01) 4.30%	(0.01) 4.31%	(0.01) 4.30%	(-0.41) 4.32%	(-0.31) 4.73%	(0.01) 5.02%	(1.41) 5.03%	(0.01) 3.67%
DIIs	(-0.21) 4.71%	(0.41) 4.88%	(0.41) 4.48%	(0.01) 4.04%	(0.51) 4.01%	(0.01) 3.52%	(0.01) 3.52%	(0.01) 3.52%	(-0.21) 3.57%	(-0.21) 3.77%	(0.01) 3.95%	(3.41) 3.93%	(-0.21) 0.53%	(0.01) 0.71%	(0.01) 0.71%	(-0.11) 0.74%	(0.01) 0.87%	(0.01) 0.85%	(0.01) 0.85%	(0.01) 0.86%
Public	27.60%	27.22%	27.73%	26.62%	25.20%	25.68%	25.78%	25.72%	25.45%	25.25%	25.12%	25.13%	24.85%	24.65%	24.66%	24.61%	24.09%	23.81%	23.80%	24.14%
No. of Shareholders	71,078	71,271	74,245	79,888	77,418	80,944	83,435	83,993	81,053	81,753	79,751	75,762	65,161	61,585	58,274	48,869	42,120	33,637	33,875	25,942

Quarterly Results

	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022	Dec 2021	Sep 2021	Jun 2021
Sales	300.75	391.69	326.57	350.78	283.95	333.71	231.03	235.78	227.07	306.9	239.23	224.42	197.19	298	214.23	215	204	249	155	124	124.24
Sales Growth % (YoY)	5.9%	17.4%	41.4%	48.8%	25%	8.7%	-3.4%	5.1%	15.2%	2.9%	11.7%	4.6%	-3.5%	19.7%	38.4%	73%	64.5%	69%	17.5%	2.1%	48.4%
Sales Growth % (QoQ)	-23.2%	19.9%	-6.9%	23.5%	-14.9%	44.4%	-2%	3.8%	-26%	28.3%	6.6%	13.8%	-33.8%	39.1%	-0.4%	5.4%	-18.1%	60.6%	25%	-0.2%	-
Expenses	279.82	348.86	305.47	312.54	246.35	281.71	205.39	201.68	205.22	270.41	214.55	197.96	174	254	188.42	179	176	211	129	102	100.46
Operating Profit	20.93	42.83	21.1	38.24	37.6	52	25.64	34.1	21.85	36.49	24.68	26.46	23.19	44	25.81	35	28	38	26	22	23.78
OPM %	6.96	10.93	6.46	10.9	13.24	15.58	11.1	14.46	9.62	11.89	10.32	11.79	11.76	15	12.05	16	14	15	17	18	19.14
Other Income	1.7	0.68	0.31	-1.15	2.25	2.25	1.93	1.39	1.78	1.97	0.59	1.52	0.68	3	2.47	3	4	1	-4	1	1.1
Interest	8.36	8.66	7.86	9.33	8.6	9.32	8.78	8.65	9.44	10.34	9.7	5.77	4.78	9	5.32	5	4	5	4	2	2.24
Depreciation	9.9	9.6	9.9	8.6	8.36	7.73	7.38	7.3	7.26	6.95	7.33	6.07	5.96	6	5.61	5	6	4	3	2	2.17
Profit before tax	4.37	25.25	3.65	19.16	22.89	37.2	11.41	19.54	6.93	21.17	8.24	16.14	13.13	33	17.35	28	22	30	15	19	20.47
Tax %	52.86	20.2	-26.03	27.14	21.93	14.95	9.82	26.15	21.79	30.04	27.43	33.02	29.17	30	29.22	30	30	22	49	31	30.68
Net Profit	2.05	20.15	4.6	13.96	17.86	31.64	10.28	14.42	5.42	14.8	5.97	10.82	9.29	23	12.28	19	15	23	8	13	14.19
Net Profit Growth % (QoQ)	-89.8%	338%	-67%	-21.8%	-43.6%	207.8%	-28.7%	166.1%	-63.4%	147.9%	-44.8%	16.5%	-59.6%	87.3%	-35.4%	26.7%	-34.8%	187.5%	-38.5%	-8.4%	-
Net Profit Growth % (YoY)	-88.5%	-36.3%	-55.3%	-3.2%	229.5%	113.8%	72.2%	33.3%	-41.7%	-35.7%	-51.4%	-43.1%	-38.1%	-	53.5%	46.2%	5.7%	-	-	-	-
TTM Net Profit	40.76	56.57	68.06	73.74	74.2	61.76	44.92	40.61	37.01	40.88	49.08	55.39	63.57	69.28	69.28	65	59	58.19	35.19	27.19	0
EPS in Rs	0.4	2.62	0.41	1.73	2.16	2.98	1.24	1.86	0.5	1.45	0.44	1.47	1.36	3.34	1.8	2.84	2.25	3.41	1.13	1.9	2.11

Profit and Loss

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019
Sales	1353	1028	968	932	652	484	426	359
Sales Growth %	31.7%	6.2%	3.8%	42.9%	34.6%	13.6%	18.7%	-
Expenses	1213	891	854	793	541	392	354	313
Operating Profit	140	136	114	139	111	93	73	47
OPM %	10	13	12	15	17	19	17	13
Other Income	2	7	4	8	-1	4	5	2
Interest	34	39	33	25	14	11	13	15
Depreciation	36	30	26	23	11	9	7	7
Profit before tax	71	75	59	99	84	77	57	28
Tax %	20	18	30	30	31	31	31	33
Net Profit	57	62	41	70	58	53	39	19
Net Profit Growth %	-8.1%	51.2%	-41.4%	20.7%	9.4%	35.9%	105.3%	-
EPS in Rs	7.12	6.84	4.35	10.23	8.52	8	5.91	5.5
Dividend Payout %	15	16	25	11	12	10	15	0

Cash Flows

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019
Cash from Operating Activity	161	134	95	5	1	48	45	49
Cash from Investing Activity	-86	-68	-45	-40	-146	-29	-19	-15
Cash from Financing Activity	-85	-60	-19	13	160	-10	-30	-29
Net Cash Flow	-10	6	31	-22	14	9	-5	5

Balance Sheet

	Mar 2026	Sep 2025	Mar 2025	Sep 2024	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019
Equity Capital	14	14	14	14	14	14	14	13	13	6
Reserves	520	493	446	418	403	312	239	122	63	35
Borrowings	348	382	381	358	390	258	218	93	100	115
Other Liabilities	500	528	448	395	395	311	289	149	159	138
Total Liabilities	1382	1416	1288	1184	1202	894	759	377	335	294
Fixed Assets	627	611	593	550	541	318	245	120	94	85
CWIP	4	9	5	31	19	3	31	3	10	4
Investments	0	0	0	0	0	0	0	0	0	0
Other Assets	751	797	690	603	641	573	483	254	231	205
Total Assets	1382	1416	1288	1184	1202	894	759	377	335	294

Delivery

Delivery Data: HLEGLAS

#	Date	304 60% 485	Value (Cr)	Q/T 35	Del 59	Del 14
1	4-Sep	334	20	47	33	7
2	3-Sep	320	6	49	46	3
3	2-Sep	314	2	29	49	1
4	1-Sep	317	2	34	49	1
5	31-Aug	315	2	47	56	1
6	28-Aug	313	1	29	50	1
7	27-Aug	315	2	36	64	1
8	26-Aug	313	2	30	45	1
9	25-Aug	316	2	31	37	1
10	24-Aug	314	3	33	51	2
11	21-Aug	319	3	38	56	2
12	20-Aug	312	6	41	47	3
13	19-Aug	316	24	38	25	6
14	18-Aug	306	14	35	55	8
15	17-Aug	315	8	33	50	4
16	14-Aug	328	8	33	46	4
17	13-Aug	332	27	38	29	8
18	12-Aug	326	78	41	36	28
19	11-Aug	380	5	53	100	5
20	10-Aug	474	23	24	47	11
21	7-Aug	467	61	36	34	21
22	6-Aug	454	47	29	52	24
23	5-Aug	428	7	24	51	3
24	4-Aug	423	10	21	46	5
25	3-Aug	423	4	22	49	2
26	31-Jul	427	3	18	51	2
27	30-Jul	424	6	20	48	3
28	29-Jul	428	6	21	56	3
29	28-Jul	420	6	17	37	2
30	27-Jul	419	5	24	55	3
31	24-Jul	419	9	19	36	3
32	23-Jul	412	7	22	40	3
33	22-Jul	418	12	24	39	5
34	21-Jul	438	19	31	37	7
35	20-Jul	419	8	22	35	3
36	17-Jul	422	8	29	42	4
37	16-Jul	437	26	33	37	10
38	15-Jul	419	25	33	25	6
39	14-Jul	394	7	33	54	4
40	13-Jul	409	8	35	44	3
41	10-Jul	419	16	32	25	4
42	9-Jul	419	28	34	34	10
43	8-Jul	403	117	42	18	21
44	7-Jul	404	34	41	33	11
45	6-Jul	387	3	23	43	1
46	3-Jul	381	5	23	45	2
47	2-Jul	392	10	30	32	3
48	1-Jul	386	3	28	45	1
49	30-Jun	383	2	23	42	1
50	29-Jun	375	3	30	45	2

Daily Market Cap

Date	Total Market Cap	Change	Chg %
04-Sep	2,251c	17c	0.76
03-Sep	2,234c	38c	1.71
01-Sep	2,197c	26c	1.18
31-Aug	2,171c	1c	0.06
27-Aug	2,172c	18c	0.82
26-Aug	2,190c	14c	0.65
25-Aug	2,176c	5c	0.22
24-Aug	2,181c	15c	0.70
21-Aug	2,196c	2c	0.11
19-Aug	2,199c	78c	3.68
18-Aug	2,121c	64c	2.93
17-Aug	2,184c	94c	4.12
14-Aug	2,278c	43c	1.86
13-Aug	2,321c	71c	3.15
12-Aug	2,250c	1,059c	32.00
11-Aug	3,310c	0	0
10-Aug	3,310c	228c	7.39
06-Aug	3,082c	157c	5.37
04-Aug	2,925c	19c	0.64
03-Aug	2,944c	17c	0.56
31-Jul	2,960c	69L	0.02
30-Jul	2,961c	27c	0.92
29-Jul	2,988c	71c	2.44
28-Jul	2,917c	14c	0.48
27-Jul	2,903c	6c	0.22
24-Jul	2,897c	0	0

Stock Checklist

Price is above from 52 week high low average: 18%

Stock is trading above all short term SMAs: YES

Stock is trading above all long term SMAs: YES

Stock is Consistently Improving Long Term: NO

FII purchased in last quarter: NO

Promoters are buying the stock: NO

Mutual Fund Holdings

Held by 4 fund scheme(s) across 2 fund house(s) as of Aug26 · Total value ₹195 Cr · 2 increasing / 0 decreasing · View in MF Pro →

Fund House	Schemes	Weight %	Change	Value (Cr)
DSP Mutual Fund	2	0.49%	+0.09%	194.8
Motilal Oswal Mutual Fund	2	0.00%	-	0

HLE Glascoat Limited

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Cash Flows

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