Loading…
HLE Glascoat (HLEGLAS)₹420.95−0.28%Industrial Products
In the Jun 2026 quarter (consolidated), HLE Glascoat reported sales of ₹302 Cr, up 5.9% from Jun 2025, and net profit of ₹2.06 Cr, down 88.5% year on year. For the year to Mar 2026, sales were ₹1,357 Cr and net profit ₹57.06 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 225 | 240 | 308 | 228 | 237 | 232 | 335 | 285 | 352 | 328 | 393 | 302 |
| Expenses | 199 | 215 | 271 | 206 | 202 | 206 | 283 | 247 | 314 | 306 | 350 | 281 |
| Operating Profit | 26.45 | 24.65 | 36.44 | 21.84 | 34.09 | 25.63 | 51.99 | 37.58 | 38.21 | 21.07 | 42.77 | 20.91 |
| OPM % | 11.8% | 10.3% | 11.9% | 9.7% | 14.5% | 11.1% | 15.6% | 13.3% | 10.9% | 6.5% | 11.0% | 7.0% |
| Other Income | 1.51 | 0.58 | 1.96 | 1.77 | 1.38 | 1.92 | 2.24 | 2.24 | −1.14 | 0.30 | 0.67 | 1.69 |
| Interest | 5.76 | 9.69 | 10.33 | 9.43 | 8.64 | 8.77 | 9.31 | 8.59 | 9.32 | 7.85 | 8.65 | 8.35 |
| Depreciation | 6.05 | 7.30 | 6.93 | 7.24 | 7.29 | 7.36 | 7.71 | 8.34 | 8.57 | 9.87 | 9.58 | 9.88 |
| Profit before tax | 16.15 | 8.25 | 21.18 | 6.94 | 19.55 | 11.42 | 37.17 | 22.90 | 19.17 | 3.64 | 25.24 | 4.36 |
| Tax % | 33.1% | 27.5% | 30.1% | 21.9% | 26.2% | 9.9% | 15.0% | 22.0% | 27.2% | −26.0% | 20.3% | 52.9% |
| Exceptional items | −1.01 | −2.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −2.01 | −3.01 | 0.00 | 0.00 |
| Net Profit | 10.83 | 5.98 | 14.81 | 5.43 | 14.44 | 10.29 | 31.67 | 17.87 | 13.98 | 4.61 | 20.17 | 2.06 |
| EPS (Rs) | 1.48 | 0.45 | 1.46 | 0.51 | 1.87 | 1.25 | 2.99 | 2.17 | 1.74 | 0.42 | 2.63 | 0.41 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 360 | 428 | 485 | 655 | 936 | 972 | 1,032 | 1,357 | 1,375 |
| Expenses | 314 | 355 | 393 | 543 | 796 | 857 | 894 | 1,218 | 1,251 |
| Operating Profit | 46.98 | 72.98 | 92.88 | 111 | 139 | 114 | 136 | 140 | 123 |
| OPM % | 13.0% | 17.0% | 19.0% | 17.0% | 15.1% | 12.0% | 13.1% | 10.1% | 9.0% |
| Other Income | 1.99 | 4.99 | 3.99 | −0.99 | 7.99 | 3.99 | 6.99 | 1.99 | 1.52 |
| Interest | 15.01 | 12.99 | 10.99 | 13.99 | 24.99 | 32.98 | 38.99 | 33.97 | 34.17 |
| Depreciation | 6.98 | 6.99 | 8.97 | 10.97 | 22.95 | 25.93 | 29.91 | 35.92 | 37.90 |
| Profit before tax | 28.01 | 56.96 | 77.04 | 83.95 | 98.97 | 59.01 | 74.94 | 70.97 | 52.41 |
| Tax % | 33.0% | 31.1% | 31.1% | 31.1% | 30.0% | 30.0% | 18.0% | 20.1% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | −5.02 | 0.00 | −3.01 | 0.00 | −5.01 | −5.02 |
| Net Profit | 19.01 | 39.04 | 53.07 | 58.06 | 70.11 | 41.02 | 62.06 | 57.06 | 40.82 |
| EPS (Rs) | 5.52 | 5.93 | 8.03 | 8.55 | 10.27 | 4.36 | 6.87 | 7.15 | 5.20 |
| Dividend payout % | 0.0% | 15.0% | 10.1% | 12.1% | 11.1% | 25.0% | 16.0% | 15.1% | — |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5.99 | 13.01 | 13.01 | 14.01 | 13.99 | 14.01 | 13.99 | 13.99 |
| Reserves | 34.98 | 63.01 | 122 | 239 | 312 | 403 | 446 | 520 |
| Borrowings | 115 | 100 | 93.04 | 218 | 258 | 391 | 381 | 348 |
| Other Liabilities | 138 | 159 | 149 | 289 | 310 | 395 | 449 | 500 |
| Total Liabilities | 294 | 335 | 377 | 759 | 894 | 1,202 | 1,289 | 1,382 |
| Fixed Assets | 85.09 | 94.18 | 120 | 245 | 319 | 542 | 594 | 628 |
| CWIP | 4.01 | 10.01 | 3.01 | 31.01 | 3.01 | 19.04 | 5.01 | 4.01 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 205 | 231 | 254 | 483 | 572 | 640 | 690 | 750 |
| Inventories | 131 | 153 | 148 | 267 | 267 | 312 | 369 | 355 |
| Trade receivables | 32.92 | 43.85 | 68.82 | 148 | 242 | 237 | 184 | 269 |
| Cash & equivalents | 17.95 | 9.96 | 20.91 | 38.88 | 15.95 | 44.83 | 51.85 | 57.77 |
| Total Assets | 294 | 335 | 377 | 759 | 894 | 1,202 | 1,289 | 1,382 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 48.94 | 44.91 | 47.92 | 0.99 | 4.99 | 94.88 | 134 | 161 |
| Cash from investing activity | −14.95 | −18.93 | −28.90 | −145 | −39.83 | −44.87 | −67.69 | −85.66 |
| Cash from financing activity | −29.06 | −30.06 | −10.03 | 160 | 13.02 | −19.05 | −60.17 | −85.17 |
| Net cash flow | 5.02 | −5.02 | 9.03 | 14.05 | −22.07 | 31.13 | 6.03 | −10.03 |
| Capex | 17.05 | 23.08 | 32.11 | 69.21 | 48.13 | 55.12 | 66.18 | 56.21 |
| Free cash flow | 32.95 | 21.96 | 19.98 | −66.91 | −35.91 | 39.96 | 67.92 | 108 |
| CFO / OP % | 118.9% | 79.0% | 74.9% | 31.0% | 27.0% | 105.9% | 110.0% | 127.0% |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor days | 35 | 39 | 53 | 84 | 96 | 90 | 67 | 74 |
| Inventory days | 245 | 265 | 229 | 308 | 230 | 260 | 301 | 206 |
| Days payable | 119 | 130 | 111 | 150 | 98 | 92 | 88 | 85 |
| Cash conversion cycle | 158 | 171 | 167 | 239 | 225 | 256 | 277 | 192 |
| Working capital days | −2 | 16 | 34 | 60 | 53 | 33 | 10 | 15 |
| ROCE % | — | 42.0% | 43.0% | 30.0% | 24.0% | 13.0% | 13.0% | 12.0% |
For the Jun 2026 quarter, HLE Glascoat reported sales of ₹302 Cr, up 5.9% year on year and net profit of ₹2.06 Cr, down 88.5% year on year. The operating margin was 7.0%.
HLE Glascoat's sales for the year to Mar 2026 were ₹1,357 Cr; over the last twelve months they were ₹1,375 Cr.
Net profit for the year to Mar 2026 was ₹57.06 Cr, and ₹40.82 Cr over the last twelve months. Earnings per share over the same trailing period were ₹5.20.
HLE Glascoat reported borrowings of ₹348 Cr at Mar 2026, against cash and equivalents of ₹57.77 Cr.
Cash from operations was ₹161 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹108 Cr.