HLE Glascoat

₹422.15As of Sun 8 Nov 2026, 12:00 UTC

NSE:HLEGLASIndustrials

Country India

PE (Fwd) 46.00

TSR 6Y CAGR 1.22%

Div yield 0.26%

ROE —

Specialty Industrial Machinery

Beta (5Y) 0.55

PE TTM 58.83

TSR TTM (26.23%)

Mkt cap ₹29.26B

ROIC —

SE Grade™

—

Value

Quality

Moat

—

1Y Price

Reference

₹479

13.45%

(75.19%)

Price above Reference Value

TTM

FYE 31 Mar INR

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

10Y

Peers

13.54

Revenue₹B

—

6.529

9.326

9.682

10.28

13.54

15.59

20.00%

31.66

Revenue growth%

—

42.83

3.82

6.20

31.66

15.15

18.93

—

52.32

Gross margin%

—

50.26

52.83

53.55

55.16

52.32

52.40

52.83

8.10

Operating margin%

—

15.61

12.65

9.67

10.55

8.10

8.01

10.55

3.65

Net margin%

—

8.91

7.49

3.07

5.33

3.65

3.61

5.33

58.83

P/E ratio (avg)x

—

125.7

65.61

127.9

49.33

65.46

51.71

65.61

26.52

EV/EBITx

—

71.72

38.84

40.55

24.94

29.51

23.29

38.84

—

FCF yield (avg)%

—

FCF margin%

—

FCF / Net incomex

—

ROIC%

—

Return on equity%

—

Return on assets%

—

7.18

EPS₹

—

8.52

10.23

4.35

8.04

7.18

8.16

(4.20%)

—

(10.69)

EPS growth%

—

20.02

(57.48)

84.77

(10.69)

13.75

4.67

—

Bookvalue per sh₹

—

FCF per share₹

—

1.10

Dividend per sh₹

—

1.00

1.10

1.13

2.41%

—

0.26

Div yield (avg)%

—

0.09

0.16

0.20

0.28

0.23

0.27

0.20

15.33

Payout ratio%

—

11.74

10.76

25.29

13.75

15.33

13.86

13.75

68.87

Shares (diluted)M

—

68.27

68.87

◌68.87

0.22%

(0.89)

Buyback yield%

—

(0.89)

◌—

—

D/E ratiox

—

29.07

Enterprise value₹B

—

73.09

45.80

37.96

27.06

32.35

29.07

(18.43%)

—

LT debt₹M

—

Peers (US$305.6M)

Cap (US$)

Windsor Machines…

326.4M

4,694x

The Anup Engineering…

288.4M

45.83x

Kabra Extrusiontechnik…

274.3M

625.7x

Zhejiang Taifu Pump…

305.5M

—

Capital

TTM

10Y

Leveragex

—

EBIT/Intx

3.190

Own earn%

—

Sh yield%

(0.63)

0.18

Owners

Insiders/Inst%

65.64

5.35

Short interest%

—

SBC / revenue%

—

Record

10Y

Profitable years

5/5

Revenue growth years

4/4

EPS growth years

2/4

Dividend streakyrs

Op margin range%

8–16

$1 testx

—

Incr. ROIC%

—

HLE Glascoat Limited manufactures and sells carbon steel glass lined equipment in India and internationally. It operates through Filtration, Drying and Other Equipment; Glass Lined Equipment; and Heat Transfer Equipment segments.

Growth vs revenue

Latest

Trend

4Y CAGR

Rel growth

Revenue

₹13.54B

20.00%

1.00×

Cost of revenue

₹6.455B

18.74%

0.96×

Operating expenses

₹5.986B

27.54%

1.28×

Revenue by region

No breakdown available

Reinvestment returns

n/m

Trend

Reinvestment rate

n/m

Return on capital

n/m

Spread over hurdle

n/m