HLE Glascoat Ltd
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 ₹ 3,133 Cr.
- Current Price ₹ 459
- High / Low ₹ 699 / 405
- Stock P/E 66.5
- Book Value ₹ 50.4
- Dividend Yield 0.24 %
- ROCE 23.5 %
- ROE 24.1 %
- Face Value ₹ 2.00
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 32.7%
Cons
- Stock is trading at 9.10 times its book value
- Debtor days have increased from 76.7 to 95.1 days.
- Promoter holding has decreased over last 3 years: -6.74%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Capital Goods-Non Electrical Equipment Industry: Engineering
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|
359 | 426 | 484 | 652 | 932 | 959 | |
313 | 354 | 392 | 541 | 793 | 841 | |
Operating Profit | 47 | 73 | 93 | 111 | 139 | 119 |
OPM % | 13% | 17% | 19% | 17% | 15% | 12% |
2 | 5 | 4 | -1 | 8 | 6 | |
Interest | 15 | 13 | 11 | 14 | 25 | 29 |
Depreciation | 7 | 7 | 9 | 11 | 23 | 25 |
Profit before tax | 28 | 57 | 77 | 84 | 99 | 70 |
Tax % | 33% | 31% | 31% | 31% | 30% | |
19 | 39 | 53 | 58 | 70 | 49 | |
EPS in Rs | 5.50 | 5.91 | 8.00 | 8.52 | 10.23 | 6.61 |
Dividend Payout % | 0% | 15% | 10% | 12% | 11% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 30% |
TTM: | 9% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 22% |
TTM: | -34% |
Stock Price CAGR | |
---|---|
10 Years: | 50% |
5 Years: | 64% |
3 Years: | 0% |
1 Year: | -23% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 33% |
Last Year: | 24% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|
Equity Capital | 6 | 13 | 13 | 14 | 14 | 14 |
Reserves | 35 | 63 | 100 | 239 | 312 | 331 |
Preference Capital | 27 | 23 | 19 | 14 | 7 | |
87 | 77 | 77 | 204 | 250 | 365 | |
165 | 182 | 187 | 303 | 315 | 486 | |
Total Liabilities | 294 | 335 | 377 | 759 | 891 | 1,195 |
85 | 94 | 120 | 245 | 318 | 516 | |
CWIP | 4 | 10 | 3 | 31 | 3 | 9 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 |
205 | 231 | 254 | 483 | 570 | 670 | |
Total Assets | 294 | 335 | 377 | 759 | 891 | 1,195 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|
49 | 45 | 48 | 1 | 5 | |
-15 | -19 | -29 | -146 | -40 | |
-29 | -30 | -10 | 160 | 13 | |
Net Cash Flow | 5 | -5 | 9 | 14 | -22 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|
Debtor Days | 34 | 38 | 52 | 83 | 95 |
Inventory Days | 244 | 264 | 228 | 307 | 227 |
Days Payable | 119 | 130 | 111 | 150 | 97 |
Cash Conversion Cycle | 159 | 172 | 168 | 240 | 225 |
Working Capital Days | 45 | 42 | 62 | 104 | 116 |
ROCE % | 42% | 45% | 31% | 24% |
Documents
Announcements
- Certificate Under Regulation 40(9) Of SEBI (LODR) Regulations, 2015 18 Apr
- Certificate Of Compliance As Per Regulation 7(3) Of SEBI (LODR) For The Year Ended On 31.03.2024 12 Apr
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 12 Apr
- Closure of Trading Window 29 Mar
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Clarification sought from HLE Glascoat Ltd
19 Mar - Exchange has sought clarification from HLE Glascoat Ltd on March 19, 2024, with reference to Movement in Volume.
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Concalls
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Nov 2023Transcript PPT
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Aug 2023TranscriptNotesPPT
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Jun 2023Transcript PPT REC
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Nov 2022Transcript PPT
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Dec 2021Transcript PPT
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Sep 2021Transcript PPT
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Jun 2021TranscriptNotesPPT
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Dec 2020TranscriptPPT
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Nov 2020Transcript PPT
Filtration and Drying Division (35% of revenues)[1]
The company manufactures filtration and drying equipment for various industries. It has expertise in stainless steel and exotic fabric alloy fabrication. It is a market leader with greater than 50% market share.[2]