HLE GLASCOAT LIMITED (HLEGLAS) financials

HLE GLASCOAT LIMITED (HLEGLAS) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

HLE Glascoat Ltd is in the business of manufacturing and sales of glass lined equipment and filters and dryers equipment for various industries in the country.[1]

Market Cap: ₹2,884Cr.
Current Price: ₹415
Stock P/E: 77.4
ROE: 11.0%
ROCE: 12.0%
Book Value: ₹56.6
Dividend Yield: 0.26%
52W High / Low: ₹662/250

In Jun 2026, HLE GLASCOAT LIMITED (HLEGLAS) reported sales ₹151 Cr and net profit ₹11 Cr.

Annual TTM: sales ₹710 Cr, net profit ₹34 Cr.

Shareholding: Promoters 65.64% (Jun 2026), FIIs 2.05% (Jun 2026), DIIs 4.71% (Jun 2026), Public 27.60% (Jun 2026), No. of Shareholders 71,078% (Jun 2026).

HLEGLAS quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	114	130	195	164	193	164	202	151
Expenses	104	119	169	145	170	151	175	136
Operating Profit	11	12	26	20	23	13	27	15
OPM %	9%	9%	13%	12%	12%	8%	13%	10%
Other Income	1	1	1	9	0	-1	3	11
Interest	7	7	7	7	7	7	7	7
Depreciation	4	4	4	4	4	4	5	4
Profit before tax	1	2	17	18	12	1	18	14
Tax %	94%	26%	19%	15%	31%	-22%	25%	24%
Net Profit	0	1	14	15	8	1	13	11
EPS in Rs	0.01	0.19	1.99	2.26	1.16	0.19	1.94	1.60
Raw PDF	—	—	—	—	—	—	—	—

HLEGLAS profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	387	421	508	649	591	551	723	710
Expenses	323	340	419	554	524	498	639	632
Operating Profit	64	80	89	96	66	53	85	78
OPM %	17%	19%	18%	15%	11%	10%	12%	11%
Other Income	9	10	14	12	7	12	12	13
Interest	13	10	13	23	28	30	30	28
Depreciation	7	8	9	13	14	15	18	18
Profit before tax	53	71	81	72	31	21	49	45
Tax %	28%	27%	24%	25%	15%	20%	22%	—
Net Profit	38	52	62	54	27	16	38	34
EPS in Rs	5.90	8.00	9.04	7.97	3.90	2.40	5.50	4.89
Dividend Payout %	15%	10%	11%	14%	28%	47%	20%	—

HLEGLAS balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	6	13	13	14	14	14	14	14
Reserves	35	63	150	267	315	334	349	379
Borrowings	113	98	94	206	245	342	312	312
Other Liabilities	129	148	129	165	204	164	206	201
Total Liabilities	283	322	387	652	778	853	881	907
Fixed Assets	80	88	114	151	227	232	271	278
CWIP	4	10	3	31	2	16	1	2
Investments	8	9	34	157	146	228	234	233
Other Assets	190	215	236	312	402	377	375	393
Total Assets	283	322	387	652	778	853	881	907

HLEGLAS cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	45	39	34	19	13	48	110	66
Cash from Investing Activity	-20	-15	-45	-184	-19	-108	-36	-22
Cash from Financing Activity	-20	-29	21	154	6	64	-65	-57
Net Cash Flow	5	-5	9	-10	-0	3	9	-12
Free Cash Flow	29	17	5	-47	-25	7	65	36
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	124%	77%	64%	46%	33%	88%	214%	80%

HLEGLAS shareholding pattern (%)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	66.69%	66.69%	66.69%	66.78%	65.64%	65.64%	65.64%	65.64%
FIIs	4.07%	4.01%	4.12%	4.01%	3.70%	2.14%	2.27%	2.05%
DIIs	3.52%	3.52%	3.52%	4.01%	4.04%	4.48%	4.88%	4.71%
Public	25.72%	25.78%	25.68%	25.20%	26.62%	27.73%	27.22%	27.60%
No. of Shareholders	83,993	83,435	80,944	77,418	79,888	74,245	71,271	71,078

HLEGLAS key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	34	41	55	59	97	82	57	65
Inventory Days	244	272	252	276	188	236	278	196
Days Payable	121	130	113	149	96	90	94	106
Cash Conversion Cycle	157	182	194	186	188	228	241	155
Working Capital Days	-7	14	42	46	38	13	-34	-16
ROCE %	38%	40%	39%	25%	18%	11%	7%	12%

HLEGLASUpdated 18 Oct 2026, 6:58

Hle Glascoat Limited

HLEGLASUpdated 18 Oct 2026, 6:58

Market Cap

₹2,884Cr.

Current Price

₹415

High / Low

₹662/250

Stock P/E

77.4

ROE11.0%

ROCE12.0%

Book Value₹56.6

Face Value₹2.00

Dividend Yield0.26%

About

HLE Glascoat Ltd is in the business of manufacturing and sales of glass lined equipment and filters and dryers equipment for various industries in the country.[1]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	126	4	109	1	3	11	27	8	1.13
Sep 2023	157	5	141	1	4	8	28	6	0.9
Dec 2023	142	8	130	8	4	8	-12	9	1.38
Mar 2024	166	9	150	1	4	4	14	3	0.49
Jun 2024	111	8	107	9	4	1	-27	1	0.21
Sep 2024	114	7	104	1	4	1	94	0	0.01
Dec 2024	130	7	119	1	4	2	26	1	0.19
Mar 2025	195	7	169	1	4	17	19	14	1.99
Jun 2025	164	7	145	9	4	18	15	15	2.26
Sep 2025	193	7	170	0	4	12	31	8	1.16
Dec 2025	164	7	151	-1	4	1	-22	1	0.19
Mar 2026	202	7	175	3	5	18	25	13	1.94
Jun 2026	151	7	136	11	4	14	24	11	1.6

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	88	3	78	0	2	6	20	5	1.82
Mar 2016	92	3	81	1	2	6	34	4	1.66
Mar 2017	81	3	72	0	3	5	34	3	0.96
Mar 2018	97	2	86	1	3	7	20	5	1.65
Mar 2019	337	14	296	5	6	25	29	18	5.57
Mar 2020	387	13	323	9	7	53	28	38	5.9
Mar 2021	421	10	340	10	8	71	27	52	8
Mar 2022	508	13	419	14	9	81	24	62	9.04
Mar 2023	649	23	554	12	13	72	25	54	7.97
Mar 2024	591	28	524	7	14	31	15	27	3.9
Mar 2025	551	30	498	12	15	21	20	16	2.4
Mar 2026	723	30	639	12	18	49	22	38	5.5
TTM	710	28	632	13	18	45	—	34	4.89

Shareholding pattern

As of Jun 2026%

Holder	Share
Promoters	65.64%
FIIs	2.05%
DIIs	4.71%
Public	27.6%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Sep 2023	66.69%	4.25%	3.93%	25.13%
Dec 2023	66.69%	4.24%	3.95%	25.12%
Mar 2024	66.69%	4.29%	3.77%	25.25%
Jun 2024	66.69%	4.26%	3.57%	25.45%
Sep 2024	66.69%	4.07%	3.52%	25.72%
Dec 2024	66.69%	4.01%	3.52%	25.78%
Mar 2025	66.69%	4.12%	3.52%	25.68%
Jun 2025	66.78%	4.01%	4.01%	25.2%
Sep 2025	65.64%	3.7%	4.04%	26.62%
Dec 2025	65.64%	2.14%	4.48%	27.73%
Mar 2026	65.64%	2.27%	4.88%	27.22%
Jun 2026	65.64%	2.05%	4.71%	27.6%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	5	19	19	41	84	20	2	0	61	84
Mar 2016	5	21	19	34	80	23	1	0	56	80
Mar 2017	6	41	12	35	94	26	0	0	67	94
Mar 2018	6	45	6	40	97	25	2	1	70	97
Mar 2019	6	35	113	129	283	80	4	8	190	283
Mar 2020	13	63	98	148	322	88	10	9	215	322
Mar 2021	13	150	94	129	387	114	3	34	236	387
Mar 2022	14	267	206	165	652	151	31	157	312	652
Mar 2023	14	315	245	204	778	227	2	146	402	778
Mar 2024	14	334	342	164	853	232	16	228	377	853
Mar 2025	14	349	312	206	881	271	1	234	375	881
Mar 2026	14	379	312	201	907	278	2	233	393	907

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	5	-5	0	0
Mar 2016	8	-3	-6	0
Mar 2017	6	-16	12	1
Mar 2018	10	1	-10	0
Mar 2019	45	-20	-20	5
Mar 2020	39	-15	-29	-5
Mar 2021	34	-45	21	9
Mar 2022	19	-184	154	-10
Mar 2023	13	-19	6	0
Mar 2024	48	-108	64	3
Mar 2025	110	-36	-65	9
Mar 2026	66	-22	-57	-12

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	18	15	22	23	34	41	55	59	97	82	57	65
Inventory Days	440	369	429	400	244	272	252	276	188	236	278	196
Days Payable	150	136	137	167	121	130	113	149	96	90	94	106
Cash Conversion Cycle	308	248	314	255	157	182	194	186	188	228	241	155
Working Capital Days	27	44	77	71	-7	14	42	46	38	13	-34	-16
ROCE %	23%	22%	14%	15%	38%	40%	39%	25%	18%	11%	7%	12%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of HLE GLASCOAT LIMITED (HLEGLAS)?

The reported market capitalisation for HLE GLASCOAT LIMITED (HLEGLAS) is ₹2,884Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of HLEGLAS?

The current price shown for HLE GLASCOAT LIMITED (HLEGLAS) on Fincrux is ₹415 with a 52-week high/low of ₹662/250.

What is the P/E ratio of HLE GLASCOAT LIMITED (HLEGLAS)?

The stock P/E for HLE GLASCOAT LIMITED (HLEGLAS) is 77.4 on Fincrux, with ROE at 11.0% and ROCE at 12.0%.

What were HLEGLAS latest quarterly results?

For Jun 2026, HLE GLASCOAT LIMITED (HLEGLAS) reported sales ₹151 Cr and net profit ₹11 Cr (figures in ₹ crore unless noted).

What are HLEGLAS annual sales and net profit?

For TTM, HLE GLASCOAT LIMITED (HLEGLAS) shows sales of ₹710 Cr and net profit of ₹34 Cr on the Fincrux profit & loss statement.

Who owns HLE GLASCOAT LIMITED (HLEGLAS)?

Latest shareholding for HLE GLASCOAT LIMITED (HLEGLAS) on Fincrux: Promoters 65.64% (Jun 2026), FIIs 2.05% (Jun 2026), DIIs 4.71% (Jun 2026), Public 27.60% (Jun 2026), No. of Shareholders 71,078% (Jun 2026).

Where can I find HLE GLASCOAT LIMITED (HLEGLAS) financials?

HLE GLASCOAT LIMITED (HLEGLAS) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show HLEGLAS balance sheet and cash flow?

Yes. The HLE GLASCOAT LIMITED (HLEGLAS) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 18 October 2026 at 6:58