HLE Glascoat Limited (HLEGLAS) fundamentals

HLE Glascoat Limited is a listed company in Industrial Manufacturing, part of the Capital Goods sector, listed on the NSE as HLEGLAS (ISIN INE461D01028). This page carries its reported financials, balance sheet, cash flow, shareholding pattern and valuation ratios.

What HLE Glascoat Limited does

HLE Glascoat Limited is an India-based company specialized in the business of manufacturing chemical process equipment. The Company’s segments include Glass Lined Equipment, Filtration, Drying and Heat Transfer Equipment. The Glass Lined Equipment business is engaged in manufacturing carbon steel glass lined equipment, such as reactors, receivers, storage tanks, columns, agitators, valves, pipes and fittings, and other similar equipment, related spares, and accessories. The Filtration, Drying and Other Equipment business is engaged in manufacturing of agitated filters and dryers, rotary vacuum paddle dryers, other chemical process equipment and related spares and accessories. The Company’s products in the engineering business (filtration and drying equipment and glass-lined equipment) are predominantly used by the manufacturers of active pharma ingredients (API). The Company operates four manufacturing facilities in Western India and two in Germany.

Valuation and market data

Last close₹404.35
Market capitalisation₹2,760 crore
Enterprise value₹2,891 crore
P/E (TTM)0.00
Price to book4.98
Price to sales (TTM)2.00
Book value per share₹81.21
Dividend yield27.20%
SectorCapital Goods
IndustryIndustrial Manufacturing
Listed sinceThu Feb 09

Annual results

PeriodRevenueProfit before taxNet profitEPS
Mar 2026₹739 crore₹49 crore₹38 crore0.00
Mar 2025₹563 crore₹21 crore₹16 crore2.40
Mar 2024₹606 crore₹31 crore₹27 crore3.90
Mar 2023₹661 crore₹72 crore₹54 crore7.97
Mar 2022₹522 crore₹81 crore₹62 crore45.23

Figures are as reported (standalone), in ₹ crore.

Shareholding pattern

As of Jun 2026:

Promoters65.6%
Foreign institutions (FII)2.0%
Mutual funds3.5%
Other domestic institutions1.3%
Retail and others27.6%

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Data is sourced from exchange filings and vendor feeds and is for research, not investment advice. Figures can be restated by the company after publication.