HLE Glascoat Ltd
HLE Glascoat is based in the western part of India and is engaged in the business of Glass Lined Equipment - Manufacturing of Carbon Steel Glass Lined Equipment viz. reactors, receivers, storage tanks, columns, agitators, valves, pipes and fittings and other similar equipment and related spares and accessories ,Other Engineering Equipment Manufacturing of Agitated Filters and Dryers, Rotary Vacuum Paddle Dryers, other Chemical Process Equipment and related spares and accessories, Chemical - Manufacturing of organic chemicals.
- Market Cap ₹ 2,606 Cr.
- Current Price ₹ 1,993
- High / Low ₹ 2,120 / 434
- Stock P/E 57.6
- Book Value ₹ 69.1
- Dividend Yield 0.23 %
- ROCE 43.1 %
- ROE 52.6 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 53.16% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 34.94%
- Company's median sales growth is 15.05% of last 10 years
Cons
- Stock is trading at 28.85 times its book value
- Debtor days have increased from 32.50 to 40.53 days.
Peer comparison
Sector: Capital Goods-Non Electrical Equipment Industry: Engineering
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
32 | 28 | 27 | 74 | 121 | 84 | 105 | 99 | 99 | 70 | 109 | 115 | |
29 | 25 | 25 | 67 | 102 | 70 | 90 | 82 | 82 | 58 | 91 | 90 | |
Operating Profit | 3 | 3 | 3 | 6 | 19 | 14 | 16 | 18 | 17 | 12 | 18 | 25 |
OPM % | 10% | 11% | 10% | 9% | 15% | 16% | 15% | 18% | 17% | 17% | 17% | 22% |
Other Income | 1 | 0 | 0 | 2 | 2 | 1 | 1 | 2 | 3 | 2 | 2 | 3 |
Interest | 0 | 0 | 0 | 3 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 2 |
Depreciation | 1 | 1 | 1 | 2 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
Profit before tax | 3 | 2 | 2 | 4 | 16 | 10 | 13 | 15 | 15 | 9 | 16 | 24 |
Tax % | 3% | 27% | 20% | 28% | 20% | 26% | 28% | 28% | 30% | 30% | 28% | 29% |
Net Profit | 3 | 1 | 1 | 3 | 12 | 7 | 9 | 11 | 11 | 6 | 11 | 17 |
EPS in Rs | 4.08 | 2.28 | 2.22 | 4.42 | 19.14 | 11.51 | 14.02 | 8.38 | 8.33 | 4.80 | 8.77 | 12.94 |
Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
41 | 45 | 53 | 70 | 76 | 77 | 88 | 92 | 81 | 97 | 337 | 387 | 393 | |
36 | 39 | 45 | 62 | 66 | 67 | 78 | 81 | 72 | 86 | 296 | 322 | 321 | |
Operating Profit | 5 | 6 | 8 | 9 | 10 | 10 | 11 | 11 | 10 | 10 | 40 | 66 | 72 |
OPM % | 12% | 14% | 15% | 12% | 13% | 13% | 12% | 12% | 12% | 11% | 12% | 17% | 18% |
Other Income | 1 | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 0 | 1 | 6 | 8 | 10 |
Interest | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 2 | 14 | 13 | 10 |
Depreciation | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 6 | 7 | 8 |
Profit before tax | 3 | 4 | 4 | 5 | 5 | 6 | 6 | 6 | 5 | 7 | 25 | 53 | 64 |
Tax % | 36% | 33% | 30% | 39% | 32% | 34% | 20% | 34% | 34% | 20% | 29% | 28% | |
Net Profit | 2 | 2 | 3 | 3 | 4 | 4 | 5 | 4 | 3 | 5 | 18 | 38 | 45 |
EPS in Rs | 3.52 | 4.80 | 5.42 | 5.62 | 7.22 | 7.60 | 9.08 | 8.30 | 4.80 | 8.25 | 27.86 | 29.53 | 34.84 |
Dividend Payout % | 34% | 35% | 37% | 39% | 30% | 33% | 30% | 27% | 42% | 24% | 0% | 15% |
Compounded Sales Growth | |
---|---|
10 Years: | 24% |
5 Years: | 34% |
3 Years: | 68% |
TTM: | -4% |
Compounded Profit Growth | |
---|---|
10 Years: | 32% |
5 Years: | 53% |
3 Years: | 131% |
TTM: | 14% |
Stock Price CAGR | |
---|---|
10 Years: | 49% |
5 Years: | 81% |
3 Years: | 123% |
1 Year: | 130% |
Return on Equity | |
---|---|
10 Years: | 26% |
5 Years: | 29% |
3 Years: | 35% |
Last Year: | 53% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Sep 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 6 | 6 | 34 | 36 | 13 | |
Reserves | 8 | 10 | 11 | 13 | 15 | 18 | 19 | 21 | 41 | 45 | 24 | 52 | 77 |
Borrowings | 16 | 15 | 20 | 19 | 21 | 14 | 19 | 19 | 12 | 6 | 85 | 76 | 79 |
14 | 18 | 31 | 32 | 28 | 36 | 41 | 34 | 35 | 40 | 167 | 181 | 157 | |
Total Liabilities | 44 | 48 | 67 | 69 | 69 | 73 | 84 | 80 | 94 | 97 | 283 | 322 | 326 |
14 | 19 | 19 | 22 | 22 | 22 | 20 | 23 | 26 | 25 | 80 | 88 | 95 | |
CWIP | 0 | 0 | 2 | 0 | 0 | 0 | 2 | 1 | 0 | 2 | 4 | 10 | 6 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 8 | 9 | 5 |
30 | 29 | 47 | 47 | 47 | 51 | 61 | 56 | 67 | 70 | 190 | 215 | 219 | |
Total Assets | 44 | 48 | 67 | 69 | 69 | 73 | 84 | 80 | 94 | 97 | 283 | 322 | 326 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | 10 | 1 | 8 | 4 | 12 | 5 | 8 | 6 | 10 | 45 | 39 | |
-1 | -6 | -3 | -4 | -2 | -2 | -5 | -3 | -16 | 1 | -20 | -15 | |
1 | -4 | 1 | -5 | -3 | -10 | 0 | -6 | 12 | -10 | -20 | -29 | |
Net Cash Flow | 1 | -0 | -0 | 0 | -0 | -0 | 0 | -0 | 1 | 0 | 5 | -5 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROCE % | 19% | 18% | 20% | 21% | 22% | 22% | 23% | 22% | 14% | 15% | 40% | 43% |
Debtor Days | 42 | 29 | 33 | 18 | 21 | 26 | 18 | 15 | 22 | 23 | 34 | 41 |
Inventory Turnover | 1.33 | 1.29 | 1.00 | 1.08 | 1.17 | 1.12 | 1.11 | 1.15 | 1.08 | 1.21 | 2.34 | 1.60 |
Documents
Add documentRecent announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 1d
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 2d
- Intimation Of Listing Of Equity Shares Of HLE Glascoat Limited ('The Company') On The National Stock Exchange Of India Limited ('NSE') 22 Feb
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 16 Feb
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 12 Feb
View all
Annual reports
- Financial Year 2020 from bse
- Financial Year 2019 from bse
- Financial Year 2018 from bse
- Financial Year 2017 from bse
- Financial Year 2016 from bse
- Financial Year 2015 from bse
- Financial Year 2014 from bse
- Financial Year 2013 from bse
- Financial Year 2012 from bse
- Financial Year 2011 from bse
- Financial Year 2010 from bse