HLE Glascoat Ltd (HLEGLAS) — shareholding pattern, promoter holding, financials and share price
About HLE Glascoat Ltd (HLEGLAS)
HLE Glascoat Ltd operates in the Industrial Products industry, within the Capital Goods sector. It trades on the NSE as HLEGLAS and on the BSE under scrip code 522215. Its ISIN is INE461D01028.
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]
HLE Glascoat Limited is a leading manufacturer specializing in process equipment for the chemical and pharmaceutical industries. It operates with high entry barriers in these segments.
The company reported impressive order book growth, totaling ₹72,221.6 Lakhs, reinforcing its strong revenue visibility and operational demand.
Listed peers in Industrial Products: Windsor Machines Ltd, Spectrum Electrical Industries Ltd, Concord Control Systems Ltd, Aimtron Electronics Ltd, JNK India Ltd, EPack Prefab Technologies Ltd.
Valuation & Returns
10 Jul 2026At ₹419.75 a share on 10 Jul 2026, HLE Glascoat Ltd (HLEGLAS) was valued at a price-to-earnings ratio of 51.54x against an industry P/E of 48.01x and a price-to-book of 6.35x on a book value of ₹66.13 per share as of Mar 2025. Solomo computes return on equity of 12.32% and return on capital employed of 12.55% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 51.54x
- Industry P/E
- 48.01x
- P/B
- 6.35x
- EPS (TTM)
- ₹8.14
- Book value / share
- ₹66.13
- ROE
- 12.32%
- ROCE
- 12.55%
- ROA
- 4.37%
- Debt / equity
- 0.83x
- Dividend yield
- 0.26%
- EBITDA margin
- 10.48%
- 52-week range
- ₹250 – ₹662
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, HLE Glascoat Ltd (HLEGLAS) reported revenue of ₹1,353 crore, net profit of ₹57 crore and earnings per share of ₹7.12. That compares with revenue of ₹1,028 crore and net profit of ₹62 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹392 crore and net profit ₹20 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 652 | 932 | 968 | 1,028 | 1,353 |
| Net profit (₹ cr) | 58 | 70 | 41 | 62 | 57 |
| EPS (₹) | 8.52 | 10.23 | 4.35 | 6.84 | 7.12 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 20.79% | 7.31% | 2.72% | 6.16% |
| Profit growth | 16.47% | -15.57% | -35.75% | 51.06% |
| Stock price CAGR | 34% | -9% | -13% | 5% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 65.64% of HLE Glascoat Ltd (HLEGLAS) (unchanged from the previous quarter), foreign institutional investors (FII) hold 2.05% and domestic institutional investors (DII) hold 4.71%. Market capitalisation was ₹2,915 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: OVERSEAE PEARL LIMITED 3.58%, Dsp Small Cap Fund 3.46%, Patel Shashikant Purshottam Das 2.54%, Malabar India Fund Limited 1.85%, Mauryan India Fund 1.12%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 65.64% | - | 2.05% | 4.71% | 34.36% |
| Mar 2026 | 65.64% | - | 2.27% | 4.87% | 34.36% |
| Dec 2025 | 65.64% | - | 2.14% | 4.48% | 34.36% |
| Sep 2025 | 65.64% | - | 3.7% | 4.04% | 34.36% |
| Jun 2025 | 66.78% | - | 4.01% | 4.01% | 33.22% |
| Mar 2025 | 66.69% | - | 4.12% | 3.52% | 33.31% |
| Dec 2024 | 66.69% | - | 4.01% | 3.52% | 33.31% |
| Sep 2024 | 66.69% | - | 4.07% | 3.52% | 33.31% |