HLE Glascoat Ltd Stock Price Today (NSE: HLEGLAS)

HLE Glascoat Ltd

381.40+21.05 (+5.84%)
Market Closed

Fundamental Score

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HLE Glascoat Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

HLE Glascoat Ltd share price today is 381.40, up +5.84% on NSE/BSE as of 12 June 2026. HLE Glascoat Ltd (HLEGLAS) is a Small-cap company in the Industrial Products sector with a market capitalisation of 3.27K (Cr). The 52-week high for HLEGLAS share price is 661.95 and the 52-week low is 250.00. At a P/E ratio of 57.10x, HLEGLAS is currently trading above its industry average P/E of 33.94x. The company has a Return on Equity (ROE) of 10.67% and a debt-to-equity ratio of 0.75.

HLE Glascoat Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
381.40
Low
292.95
Volume
1.2L
Change
+0.09%

HLE Glascoat Ltd share price chart: 0.09% return over the past month. 52-week high ₹661.95, 52-week low ₹250.00.

HLE Glascoat Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
314.40372.75314.40361.6546.13L (Cr)
320.10334.80316.40319.151.17L (Cr)
327.95331.55316.60319.7559.58K (Cr)
330.00336.80326.00327.9547.58K (Cr)
330.80336.20327.35332.3566.54K (Cr)
329.90336.75325.80330.801.32L (Cr)
326.00328.60319.00324.701.49L (Cr)
307.35332.50307.15326.002.19L (Cr)
308.75318.00304.00306.201.34L (Cr)
304.50319.80300.00308.751.73L (Cr)

HLE Glascoat Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
320.10372.75314.40361.65+12.98%
320.35365.65292.95319.75-0.19%
256.00339.00255.00320.35+25.14%
308.00327.80250.00251.00-18.51%
378.00415.50311.15327.75-13.29%
439.15473.00364.70381.15-13.21%
472.05483.75427.90439.15-6.97%
578.00661.95446.25475.15-17.79%
452.05585.45450.30573.70+26.91%
529.85579.50442.40449.05-15.25%
444.00553.50414.00525.95+18.46%
474.00481.30406.00447.35-5.62%

AI Research Briefing

Powered by Gemini · 2026-04-10

Overvalued small-cap industrial play with execution risk.

Research Confidence
6.0/10Moderate
GOVT CAPEX DARK HORSEConsolidation - Recent rally after a steep fall. 1M: -17.93%, 3M: -10.73%, 6M: 13.97%.Expensive - P/E of 57.1x vs industry P/E of 33.94x.

WHAT'S HAPPENING NOW (last 2-4 weeks)

HLE Glascoat shares surged 7.46% on April 8, 2026, outperforming the Engineering - Industrial Equipments sector by 4.14 percentage points. This single-session gain contributed to a three-day winning streak, accumulating a 12.12% return. However, the stock remains below its 50-day and longer-term moving averages, suggesting a recovery rally within a broader downtrend. The company closed its trading window on April 1, 2026, in anticipation of the FY26 financial results.

CORE STORY (THE REAL GAME)

HLE Glascoat is being priced as a beneficiary of the 'China + 1' supply chain shift and growing domestic demand, particularly in the pharmaceutical and chemical sectors. The market sees it as a play on India's industrial growth story, but doubts remain about execution and margin sustainability.

Why Now
  • Recent price surge despite mixed technicals
  • Closure of trading window ahead of FY26 results
  • Strong order book of ₹722 Cr
Potential Catalysts
  • Strong FY26 results with improved margins
  • New order wins in key sectors
  • Successful integration of Omeras acquisition
Key Risks
  • High valuation (P/E 57.1x vs Industry P/E 33.94x)
  • Recent decline in net profit and EBITDA margins
  • Small-cap liquidity risk
Institutional Activity

Promoter holding decreased by 1.14%, FII holding decreased by 0.31%, suggesting some profit-taking.

Macro Context

Industrial growth in India is picking up, but consumer non-durables are still weak.

Order Book / Expansion

Order book stands strong at INR 722.00 crores as of February 2026.

Cash Flow Quality

No - Free Cash Flow 5Y is ₹23.57 Cr.

3–6 Month Outlook

HLE Glascoat's near-term performance hinges on its ability to improve margins and integrate acquisitions. Expect volatility due to its small-cap status and high valuation.

Primary Thesis Risk

Inability to sustain growth and improve profitability will lead to a valuation collapse.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

10.67%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

12.53%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

14.59%

Average operating profit margin over 5 years

Dividend Yield

0.23%

Annual dividend as % of current share price

HLE Glascoat Ltd Valuation Check

Poor

Price to Earnings (P/E)

57.10x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

33.94x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

65.64%

% shares held by company founders/management

Poor

FII Holding

3.70%

% shares held by foreign institutional investors

Poor

DII Holding

4.04%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

7.28%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

48.77%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

19.23%

Compounded annual revenue growth over 5 years

Poor

EPS Growth (5-Year CAGR)

2.96%

Earnings per share growth over 5 years

Poor

Net Profit Growth (5-Year CAGR)

4.07%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Poor

Debt to Equity Ratio

0.75x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

3.60x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

23.57 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

HLE Glascoat Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of HLEGLAS across key market metrics for learning purposes.

Positive Indicators

4 factors identified

Strong Revenue Growth (48.77%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Consistent Growth Track Record (19.23% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Balanced Promoter Holding (65.64%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

4 factors identified

Premium Valuation Risk (P/E: 57.10x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Weak Earnings Growth (2.96% CAGR)

Observation: Below-average 5-year EPS growth performance.

Analysis: Low EPS growth may not keep pace with inflation.

Stagnant Profit Growth (4.07% CAGR)

Observation: Limited 5-year profit growth trajectory.

Analysis: Low profit growth may indicate scalability challenges or market maturity.

Limited Institutional Interest (FII+DII: 7.74%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

HLE Glascoat Ltd vs Industrial Products Peers

Peer Comparison - Industrial Products

Compare HLE Glascoat Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
44.4/100
381
₹3266.49
57.1
Average
10.67%
Average
12.53%
Average
0.8
Good
4.07%
Average
19.23%
Excellent
0.23%
67.3/100
3101
₹35916.60
94.8
Average
10.74%
Average
14.28%
Average
0.2
Excellent
95.23%
Excellent
49.23%
Excellent
0.00%
45/100
35030
₹31265.45
60.6
Average
13.70%
Average
18.40%
Good
0.0
Excellent
1.27%
Average
4.95%
Average
0.30%
63.3/100
584
₹22333.05
64.5
Average
21.16%
Excellent
24.35%
Excellent
0.4
Excellent
42.76%
Excellent
21.49%
Excellent
0.00%
48.5/100
3115
₹17963.45
91.3
Average
20.87%
Excellent
19.49%
Good
0.1
Excellent
54.52%
Excellent
20.24%
Excellent
0.00%
43.3/100
15601
₹16059.39
133.5
Average
3.04%
Poor
4.48%
Poor
0.0
Excellent
26.84%
Excellent
13.85%
Good
0.20%
54/100
1106
₹15669.49
68.2
Average
9.45%
Poor
11.67%
Average
0.1
Excellent
12.24%
Good
34.44%
Excellent
0.18%
60.90000000000001/100
1808
₹12879.94
54.5
Average
15.47%
Good
17.80%
Good
0.2
Excellent
24.79%
Excellent
19.06%
Excellent
0.10%
0/100
72
₹7137.25
52.5
Average
0.2
Excellent
0.48%
23.6/100
10435
₹6280.97
176.1
Average
6.21%
Poor
8.96%
Poor
0.8
Good
1.91%
Average
2.68%
Average
0.02%
42.7/100
339
₹5811.25
55.1
Average
14.08%
Average
17.92%
Good
0.2
Excellent
23.08%
Excellent
23.97%
Excellent
1.90%

HLE Glascoat Ltd PE Ratio History

Historical price-to-earnings ratio for HLEGLAS — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20256.84₹439.1564.2x
FY 20245.99₹369.1061.6x
FY 202310.22₹539.9052.8x
FY 20228.53₹664.4577.9x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

HLE Glascoat Ltd Dividend History

Annual cash dividends paid by HLEGLAS — dividend yield 0.23%

Financial YearDividends Paid (₹ Cr)
FY 20257.75 Cr
FY 20247.51 Cr
FY 20236.83 Cr
FY 20225.38 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

HLE Glascoat Ltd Quarterly Performance

Latest quarterly metrics for HLEGLAS — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

48.77%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

7.28%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

19.23%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

4.07%

Compounded annual net profit growth over 5 years

HLE Glascoat Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for HLEGLAS — calculated from daily price history

37RSI 14
Neutral — RSI 37

Momentum is balanced — neither overbought nor oversold.

SMA 50
310
▲ Price above SMA 50 — Short-term bullish
SMA 200
420
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
118K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

HLE Glascoat Ltd Financial Statements

Annual income statement, balance sheet and cash flow for HLE Glascoat Ltd (HLEGLAS) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for HLE Glascoat Ltd

About HLEGLAS (HLE Glascoat Ltd)

HLE Glascoat Ltd is a prominent name in the industrial landscape, recognized for its specialized engineering and manufacturing prowess. The company stands as a stalwart provider of... corrosion-resistant solutions, catering to a broad spectrum of industries where process integrity and material purity are paramount. With a legacy built on precision and innovation, HLE Glascoat has established itself as a trusted partner for companies seeking robust and reliable equipment designed to withstand harsh chemical environments. Their commitment to quality and adherence to stringent industry standards positions them as a leader in providing cutting-edge solutions for critical process applications, ensuring both efficiency and longevity for their clientele's operations. The company's core strength lies in the fabrication of high-quality, glass-lined process equipment, designed for handling corrosive and reactive substances. This specialized equipment finds application in sectors such as pharmaceuticals, specialty chemicals, and agrochemicals, where maintaining product purity and preventing contamination are of utmost importance. Beyond glass-lined reactors and storage vessels, HLE Glascoat extends its capabilities to offer a range of complementary equipment, including filtration and drying systems, as well as heat exchangers, enhancing their ability to provide complete process solutions tailored to individual customer needs. This broad product portfolio, combined with customized design and engineering services, enables HLE Glascoat to effectively address the specific challenges and demands of diverse industrial processes. HLE Glascoat distinguishes itself through a dedication to continuous improvement and technological advancement in glass lining technology. With a focus on research and development, they strive to enhance the durability, performance, and overall efficiency of their equipment. The company's commitment extends beyond simply providing products, with their approach focused on establishing lasting partnerships with clients. Through attentive consultation, rigorous testing, and comprehensive support, HLE Glascoat ensures that their solutions not only meet but exceed customer expectations. With a global presence and a reputation for quality and reliability, HLE Glascoat continues to drive innovation in the industrial process equipment sector.

Company Details

Symbol:HLEGLAS
Industry:Industrial Products
Sector:Industrial Products

Key Leadership

Mr. Himanshu Khushalbhai Patel
MD & Director
Mr. Aalap Nileshbhai Patel
Executive Director of Technical & Whole-Time Director
Mr. Harsh Himanshubhai Patel
Whole-Time Director

Corporate Events

Recent
Ex-Dividend Date

HLEGLAS Share Price: Frequently Asked Questions

What is the current share price of HLE Glascoat Ltd?

HLE Glascoat Ltd (HLEGLAS) trades at ₹381.40 on NSE and BSE. Market cap ₹3.27K (Cr). Educational data only.

What is the P/E ratio of HLE Glascoat Ltd?

HLE Glascoat Ltd has a P/E of 57.10x vs industry average 33.94x.

What is the Bull Run score for HLE Glascoat Ltd?

HLE Glascoat Ltd has a Bull Run score of 44.4/100 based on 25+ financial parameters.

Does HLE Glascoat Ltd pay dividends?

HLE Glascoat Ltd has a dividend yield of 0.23%. Past dividends don't guarantee future payments.

What is the ROE of HLE Glascoat Ltd?

HLE Glascoat Ltd has ROE of 10.67%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of HLE Glascoat Ltd?

HLE Glascoat Ltd has debt-to-equity of 0.75.

Is HLE Glascoat Ltd a good investment?

Bull Run gives HLE Glascoat Ltd a score of 44.4/100. This is not investment advice — consult a SEBI-registered advisor.