HLE Glascoat LimitedHLEGLASCorporate

Engineering Latest results: Jun 2026 14 quarters of data
₹415.30
MCap ₹2,884 Cr · P/E 70.8
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹301 Cr
Sales · Jun 2026
+5.9% YoY
₹21 Cr
Operating Profit · Jun 2026
-44.3% YoY
7.0%
OPM % · Jun 2026
-47.0% YoY
₹2 Cr
Net Profit · Jun 2026
-88.5% YoY
₹0.40
EPS · Jun 2026
-84.7% YoY

📝 HLE Glascoat Limited — results explained

Quarter ended June 2026 (Q1 FY27)

HLE Glascoat Limited reported revenue of ₹301 crore for the quarter ended June 2026 (Q1 FY27), up 5.9% from ₹284 crore in the same quarter last year, and down 23.2% sequentially over the March 2026 quarter.

Net profit fell 88.5% year-on-year to ₹2 crore, from ₹18 crore. Earnings per share (EPS) came in at ₹0.40.

Operating profit stood at ₹21 crore — an operating margin (OPM) of 7.0%, compared with 13.2% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, HLE Glascoat Limited posted revenue of ₹1,353 crore, a growth of 31.7% over FY25, with a net profit of ₹57 crore (down 8.4% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹1,370 crore with a net profit of ₹41 crore.

Valuation snapshot

At the current price of ₹415.30, HLEGLAS has a market capitalisation of ₹2,884 crore and a trailing P/E of about 70.8.

Within the Engineering industry, it is the 18th-largest of the 57 companies we track by market value.

Shareholding pattern

As of Mar 2026, promoters held 65.64%, foreign institutional investors (FIIs) 2.27%, domestic institutional investors (DIIs) 4.88%, public shareholders 27.22% of HLE Glascoat Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹2,884 Cr
Current Price ?
₹415.3
P/E ?
70.78above ind
Industry P/E ?
35.10
P/B ?
5.40
P/S ?
2.11
P/FCF ?
26.71
Enterprise Value ?
₹3,232 Cr
EV/EBITDA ?
26.26
PEG ?
N/A
Earnings Yield ?
2.6%
Dividend Yield ?
0.26%
Profitability & Returns
Sales (TTM) ?
₹1,370 Cr
OPM ?
9.0%
Profit after tax (TTM) ?
₹41 Cr
EPS (TTM) ?
₹5.87
ROCE ?
12.0%
ROE ?
7.6%
ROA ?
2.9%
Growth
Sales — latest qtr ?
₹301 Cr
PAT — latest qtr ?
₹2 Cr
YoY qtr sales growth ?
5.9%
YoY qtr profit growth ?
-88.5%
Sales growth (3y) ?
13%
Sales growth (5y) ?
23%
Profit growth (3y) ?
-8%
Profit growth (5y) ?
1%
Financial Health
Debt ?
₹348 Cr
Debt to Equity ?
0.65
Interest Coverage ?
3.0
Current Ratio ?
N/A
Ownership
Promoter holding ?
65.64%
Change in promoter holding ?
-1.14%
Pledged percentage ?
N/A
Market
Return 3 months ?
-1.6%
Return 6 months ?
25.4%

🗓️ Quarterly results (14 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best
Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 YoY % QoQ %
Sales 298197224239307227236231334284351327392301 +5.9% -23.2%
Operating Profit 4423262536223426523838214321 -44.3% -51.1%
Other Income 31212212222312 -24.3% +52.8%
Interest 9561010999999898 -2.7% -3.4%
Depreciation 66677777889101010 +18.4% +3.1%
Profit Before Tax 331316821720113723194254 -80.9% -82.7%
Net Profit 23911615514103218145202 -88.5% -89.8%
EPS 3.341.361.470.441.450.501.861.512.982.621.760.412.650.40 -84.7% -84.9%
OPM % 14.9% 11.7% 11.6% 10.5% 11.7% 9.6% 14.5% 11.1% 15.6% 13.2% 10.9% 6.5% 10.9% 7.0% -47.0% -35.8%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹1,028 Cr ₹1,353 Cr ₹1,370 Cr +31.7%
Operating Profit ₹134 Cr ₹140 Cr ₹123 Cr +4.6%
OPM % 13.00% 10.33% 8.99% -20.5%
NPM % 6.01% 4.18% 2.98% -30.4%
Other Income ₹7 Cr ₹9 Cr ₹8 Cr +19.4%
Depreciation ₹30 Cr ₹36 Cr ₹38 Cr +22.9%
Interest ₹36 Cr ₹34 Cr ₹34 Cr -4.8%
EBIT ₹104 Cr ₹103 Cr ₹85 Cr -0.6%
PBT ₹75 Cr ₹71 Cr ₹52 Cr -5.5%
Tax ₹13 Cr ₹14 Cr ₹12 Cr +8.1%
Net Profit ₹62 Cr ₹57 Cr ₹41 Cr -8.4%
EPS ₹6.85 ₹7.44 ₹5.22 +8.6%
Material Cost ₹500 Cr ₹602 Cr ₹603 Cr +20.4%
Employee Cost ₹219 Cr ₹282 Cr ₹304 Cr +29.0%
Extraordinary Items — ₹0 Cr ₹0 Cr —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 14141414 +0.0%
Reserves 312403446520 +16.6%
Borrowings 258390381348 -8.7%
Other Liabilities 311395448500 +11.6%
Total Liabilities 8941,2021,2881,382 +7.3%
Fixed Assets 318541593627 +5.7%
CWIP 31954 -20.0%
Investments 0000 —
Other Assets 573641690751 +8.8%
Total Assets 8941,2021,2881,382 +7.3%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 595134161 +20.1%
Cash from Investing Activity -40-45-68-86 -26.5%
Cash from Financing Activity 13-19-60-85 -41.7%
Net Cash Flow -22316-10 -266.7%
Free Cash Flow -364068108 +58.8%
CFO/OP 27%106%110%127% +15.5%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 95896673 +10.6%
Inventory Days 229259300205 -31.7%
Days Payable 98928885 -3.4%
Cash Conversion Cycle 226257278193 -30.6%
Working Capital Days 53331015 +50.0%
ROCE % 24%13%13%12% -7.7%

👥 Shareholding (latest 4 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026 % Chg
Promoters 66.78%65.64%65.64%65.64% +0.0%
FIIs 4.01%3.70%2.14%2.27% +6.1%
DIIs 4.01%4.04%4.48%4.88% +8.9%
Public 25.20%26.62%27.73%27.22% -1.8%
No. of Shareholders 77,41879,88874,24571,271 -4.0%

⚖️ Peer comparison

Industry: Engineering · top 25 of 57 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 MTARTECH Mtar Technologies ₹7,039.50 21,653 161.6 1,080 134 21.1% 12.4% 29.7% 77.1% 130.4% 364.5%
2 AZAD Azad Engineering ₹2,808.60 18,138 130.7 639 139 37.6% 21.8% 31.9% 54.2% 25.9% 19.5%
3 ACE Action Construction ₹1,131.00 13,462 30.8 3,414 437 15.5% 12.8% -1.4% 1.5% 20.5% 22.3%
4 LLOYDSENGG LLOYDS ENGINEERING ₹81.61 12,646 80.5 1,234 144 14.0% 11.7% 39.4% 18.7% 104.0% 146.6%
5 TITAGARH TITAGARH RAIL ₹837.75 11,282 58.9 3,271 192 11.1% 5.9% -17.6% -38.1% 12.6% 69.9%
6 KRN KRN Heat ₹1,414.00 9,256 91.2 737 97 19.5% 13.2% 39.7% 44.6% 118.9% 164.8%
7 ELECON Elecon Engineering ₹407.35 9,141 37.3 2,457 245 21.3% 10.0% 6.2% -17.8% 10.5% 9.8%
8 DYNAMATECH Dynamatic Technologies ₹12,004.00 8,152 187.5 1,675 43 11.9% 2.6% 15.6% -23.8% 14.5% 93.0%
9 SKIPPER Skipper ₹534.55 6,530 26.9 5,609 225 10.4% 4.0% 20.1% 42.7% 4.5% 25.5%
10 GMMPFAUDLR GMM Pfaudler ₹1,335.00 6,002 82.3 3,655 68 10.8% 1.8% 10.2% 4.5% 16.4% 117.7%
11 PRAJIND Praj Industries ₹309.00 5,680 188.4 3,244 31 4.8% 1.0% -1.8% -88.9% 11.8% 124.7%
12 TEXRAIL Texmaco Rail ₹109.88 4,471 20.7 4,223 214 8.7% 5.1% -10.9% -14.1% -16.9% 70.7%
13 SHANTIGEAR Shanthi Gears ₹552.20 4,238 66.5 499 64 17.8% 12.7% -14.3% -20.2% -14.4% -56.6%
14 PITTIENG Pitti Engineering ₹1,122.80 4,145 33.8 1,818 125 18.0% 6.9% 7.2% -3.9% 15.8% 28.3%
15 JASH Jash Engineering ₹586.00 3,686 39.2 708 94 17.2% 13.3% 0.3% -12.6% -23.0% 367.7%
16 UNIPARTS Uniparts India ₹776.85 3,505 19.4 1,244 180 22.3% 14.5% 21.5% 79.5% 26.9% 64.3%
17 ANUP Anup Engineering ₹1,641.20 3,288 39.5 739 83 18.7% 11.2% 11.6% -8.2% -30.4% -95.7%
18 HLEGLAS HLE Glascoat ₹469.20 3,259 59.1 1,370 41 9.0% 3.0% 31.7% -8.4% 5.9% -88.5%
19 WINDMACHIN Windsor Machines ₹296.90 3,072 375.8 606 7 4.9% 1.1% 54.7% 10.0% 31.4% 91.4%
20 KABRAEXTRU Kabra Extrusion ₹676.00 2,364 n/m 576 4 4.9% 0.7% -5.4% -116.7% 64.2% 1102.8%
21 THEJO Thejo Engineering ₹2,173.40 2,358 40.5 674 55 13.2% 8.1% 14.3% -5.8% 31.0% 56.1%
22 HMT HMT ₹64.38 2,289 — 147 -132 -76.8% -89.8% 0.3% 8.3% 16.0% -3.6%
23 JNKINDIA JNK India ₹407.00 2,277 34.8 818 65 11.2% 8.0% 71.6% 114.6% 77.0% 149.3%
24 TIL TIL ₹250.25 2,063 — 377 -30 4.8% -7.9% 2.5% -1175.9% 86.2% 12.4%
25 MACPOWER Macpower CNC ₹1,984.00 1,985 51.0 367 39 16.7% 10.6% 27.3% 32.8% 56.1% 110.3%
❓ Frequently asked questions
What was HLE Glascoat Limited's revenue in Q1 FY27?
HLE Glascoat Limited reported revenue of ₹301 crore for the quarter ended June 2026 (Q1 FY27), up 5.9% from ₹284 crore in the same quarter last year, and down 23.2% sequentially over the March 2026 quarter.
What was HLE Glascoat Limited's net profit in Q1 FY27?
Net profit fell 88.5% year-on-year to ₹2 crore, from ₹18 crore. Earnings per share (EPS) came in at ₹0.40.
What is HLEGLAS's market capitalisation and P/E ratio?
At the current price of ₹415.30, HLEGLAS has a market capitalisation of ₹2,884 crore and a trailing P/E of about 70.8.
Who owns HLE Glascoat Limited? (shareholding pattern)
As of Mar 2026, promoters held 65.64%, foreign institutional investors (FIIs) 2.27%, domestic institutional investors (DIIs) 4.88%, public shareholders 27.22% of HLE Glascoat Limited.
TTM ends 2026-06-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI