HLE Glascoat Ltd

HLE Glascoat Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

HLE Glascoat Ltd

₹ 424 0.34%
10 Jun - close price
glascoat.com BSE: 522215 NSE: HLEGLAS
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]

Key Points

Business Segments Q3FY24

Website BSE NSE
  • Market Cap ₹ 2,892 Cr.
  • Current Price ₹ 424
  • High / Low ₹ 524 / 218
  • Stock P/E 61.9
  • Book Value ₹ 67.3
  • Dividend Yield 0.26 %
  • ROCE 12.2 %
  • ROE 10.7 %
  • Face Value ₹ 2.00
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Pros

  • Company has been maintaining a healthy dividend payout of 17.4%
  • Debtor days have improved from 83.4 to 65.7 days.

Cons

  • Company has a low return on equity of 13.5% over last 3 years.
  • Promoter holding has decreased over last 3 years: -3.63%

* 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

Industrials Capital Goods Industrial Manufacturing Industrial Products

Part of BSE SmallCap BSE Allcap BSE Industrials

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
249 204 215 214 298 197 224 239 307 227 236 231 334
211 176 179 188 254 174 198 215 270 205 202 205 282
Operating Profit 38 28 35 26 44 23 26 25 36 22 34 26 52
OPM % 15% 14% 16% 12% 15% 12% 12% 10% 12% 10% 14% 11% 16%
1 4 3 2 3 1 2 1 2 2 1 2 2
Interest 5 4 5 5 9 5 6 10 10 9 9 9 9
Depreciation 4 6 5 6 6 6 6 7 7 7 7 7 8
Profit before tax 30 22 28 17 33 13 16 8 21 7 20 11 37
Tax % 22% 30% 30% 29% 30% 29% 33% 27% 30% 22% 26% 10% 15%
23 15 19 12 23 9 11 6 15 5 14 10 32
EPS in Rs 3.41 2.25 2.84 1.80 3.34 1.36 1.47 0.44 1.45 0.50 1.86 1.24 2.98
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
359 426 484 652 932 968 1,028
313 354 392 541 793 854 894
Operating Profit 47 73 93 111 139 114 134
OPM % 13% 17% 19% 17% 15% 12% 13%
2 5 4 -1 8 4 7
Interest 15 13 11 14 25 33 36
Depreciation 7 7 9 11 23 26 30
Profit before tax 28 57 77 84 99 59 75
Tax % 33% 31% 31% 31% 30% 30% 18%
19 39 53 58 70 41 62
EPS in Rs 5.50 5.91 8.00 8.52 10.23 4.35 6.84
Dividend Payout % 0% 15% 10% 12% 11% 25% 16%
Compounded Sales Growth
10 Years: %
5 Years: 19%
3 Years: 16%
TTM: 6%
Compounded Profit Growth
10 Years: %
5 Years: 4%
3 Years: -10%
TTM: 46%
Stock Price CAGR
10 Years: 40%
5 Years: 18%
3 Years: -15%
1 Year: -4%
Return on Equity
10 Years: %
5 Years: 19%
3 Years: 14%
Last Year: 11%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 6 13 13 14 14 14 14
Reserves 35 63 120 239 312 403 446
115 100 96 218 258 390 381
138 159 148 289 311 395 453
Total Liabilities 294 335 377 759 894 1,202 1,293
85 94 120 245 318 541 593
CWIP 4 10 3 31 3 19 5
Investments 0 0 0 0 0 0 0
205 231 254 483 573 641 695
Total Assets 294 335 377 759 894 1,202 1,293

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
49 45 48 1 5 94 134
-15 -19 -29 -146 -40 -45 -68
-29 -30 -10 160 13 -18 -60
Net Cash Flow 5 -5 9 14 -22 31 6

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 34 38 52 83 95 89 66
Inventory Days 244 264 228 307 229 259 300
Days Payable 119 130 111 150 98 92 88
Cash Conversion Cycle 159 172 168 240 226 256 278
Working Capital Days 45 42 62 104 112 116 97
ROCE % 42% 43% 30% 24% 13% 12%

Shareholding Pattern

Numbers in percentages

3 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
70.32% 70.32% 70.32% 70.32% 70.32% 66.69% 66.69% 66.69% 66.69% 66.69% 66.69% 66.69%
4.73% 4.32% 4.30% 4.31% 4.30% 4.25% 4.24% 4.29% 4.26% 4.07% 4.01% 4.12%
0.87% 0.74% 0.71% 0.71% 0.53% 3.93% 3.95% 3.77% 3.57% 3.52% 3.52% 3.52%
24.09% 24.61% 24.66% 24.65% 24.85% 25.13% 25.12% 25.25% 25.45% 25.72% 25.78% 25.68%
No. of Shareholders 42,12048,86958,27461,58565,16175,76279,75181,75381,05383,99383,43580,944

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

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