| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 301 | 284 | +5.9% |
| EBITDA | 20.9 | 37.6 | −44.3% |
| EBITDA margin | 7.0% | 13.2% | −6.3 pts |
| Profit before tax | 4.4 | 22.9 | −80.9% |
| Net profit | 2.1 | 17.9 | −88.5% |
| EPS | ₹0.40 | ₹2.62 | −84.7% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 |
|---|
| 2,583 | — | — | — | — | |
| 34.4 | 34.4 | 39.6 | 33.3 | 2.7 | |
| 84.3 | 84.3 | 95.0 | 79.9 | 0.1 | |
| 313 | 313 | 350 | 390 | 247 | |
| 2,946 | — | — | — | — | |
| 1,370 | 1,353 | 1,028 | 968 | 932 | |
| — | +31.7% | +6.2% | +3.9% | — | |
| 123 | 140 | 134 | 112 | 137 | |
| 9.0% | 10.3% | 13.0% | 11.6% | 14.7% | |
| 85.1 | 103 | 104 | 85.8 | 114 | |
| 40.8 | 56.6 | 61.8 | 40.9 | 69.8 | |
| 3.0% | 4.2% | 6.0% | 4.2% | 7.5% | |
| ₹5.15 | ₹7.12 | ₹6.73 | ₹4.27 | ₹10.05 | |
| — | +5.8% | +57.4% | −57.5% | — | |
| — | 161 | 134 | 93.5 | 5.7 | |
| — | −55.7 | −66.4 | −54.4 | −48.5 | |
| 106 | 106 | 68.0 | 39.1 | −42.7 | |
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 2,583.0 | |
| - Cash, Equiv & ST Investments | 2.7 | 33.3 | 39.6 | 34.4 | 34.4 | |
| + Minority Interest | 0.1 | 79.9 | 95.0 | 84.3 | 84.3 | |
| + Total Debt | 247.1 | 389.6 | 349.9 | 313.3 | 313.3 | |
| Enterprise Value | — | — | — | — | 2,946.2 | |
| Revenue | 931.5 | 967.9 | 1,027.6 | 1,353.0 | 1,369.8 | |
| Growth %, YoY | — | +3.9 | +6.2 | +31.7 | — | |
| EBITDA | 137.0 | 112.1 | 133.6 | 139.8 | 123.1 | |
| Margin % | 14.71 | 11.58 | 13.00 | 10.33 | 8.99 | |
| EBIT | 114.3 | 85.8 | 103.9 | 103.3 | 85.1 | |
| Net Income | 69.8 | 40.9 | 61.8 | 56.6 | 40.8 | |
| Margin % | 7.49 | 4.22 | 6.01 | 4.18 | 2.98 | |
| EPS, Adj (current shares) | 10.05 | 4.27 | 6.73 | 7.12 | 5.15 | |
| Growth %, YoY | — | -57.5 | +57.4 | +5.8 | — | |
| Cash from Operations | 5.7 | 93.5 | 134.4 | 161.2 | — | |
| Capital Expenditures | -48.5 | -54.4 | -66.4 | -55.7 | — | |
| Free Cash Flow | -42.7 | 39.1 | 68.0 | 105.6 | 105.6 | |
Prices at the 30 October 2026 close · figures from the company's filings with NSE
HLE Glascoat (NSE: HLEGLAS) had a market capitalisation of ₹2,800 crore at the 30 October 2026 close (₹403.10 a share), a PE ratio of 78.2 on the last four quarters' profit and a price-to-book ratio of 5.24. In FY26 its consolidated net profit attributable to shareholders was ₹49.4 crore on revenue of ₹1,353 crore; in Q1 FY27 (April–June 2026) it was ₹2.8 crore, down 81.2% year on year. Its debt-to-equity ratio was 0.51 on 31 March 2026. Promoters held 65.64% of the shares on 30 September 2026.
HLE Glascoat's PE ratio is 78.2 at the 30 October 2026 close (₹403.10 a share): a market capitalisation of ₹2,800 crore divided by consolidated net profit attributable to shareholders of ₹35.8 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit attributable to shareholders (₹49.4 crore) it is 56.6.
HLE Glascoat's price-to-book (PB) ratio is 5.24 at the 30 October 2026 close: a market capitalisation of ₹2,800 crore divided by shareholders' equity (book value) of ₹534 crore on 31 March 2026. That is a book value of ₹76.87 per share against a share price of ₹403.10.
HLE Glascoat's net worth — shareholders' equity in its consolidated balance sheet — was ₹534 crore on 31 March 2026, up 16.2% from ₹459 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹2,800 crore at the 30 October 2026 close.
HLE Glascoat's market capitalisation was ₹2,800 crore at the 30 October 2026 close: 6.95 crore shares at ₹403.10 each.
HLE Glascoat's basic earnings per share (EPS) were ₹7.20 in FY26, against ₹9.05 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹5.22.
In 2026, HLE Glascoat has declared one dividend: ₹1.10 with record date 23 September 2026.
No. HLE Glascoat had borrowings of ₹313 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.51. Its cash and current investments were ₹58.5 crore, so its net debt was ₹255 crore.
HLE Glascoat's debt-to-equity ratio was 0.51 on 31 March 2026: borrowings of ₹313 crore against total equity of ₹618 crore. A year earlier, on 31 March 2025, it was 0.63.
Promoters held 65.64% of HLE Glascoat on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
In FY26, HLE Glascoat's return on equity (ROE) was 10.0% and its return on capital employed (ROCE) was 13.8%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 10.7% and ROCE 14.4%.
On 30 September 2026, HLE Glascoat's shares were held by promoters 65.64%, foreign portfolio investors (FII/FPI) 1.60%, domestic institutions (DII) 4.78% (including mutual funds at 2.86%) and retail and other non-institutional investors 27.98%. Over the year, FII holding was down 2.10 percentage points from 3.70% and DII holding was up 0.74 percentage points from 4.04%.
HLE Glascoat's latest results are for Q1 FY27 (April–June 2026), filed on 10 August 2026: consolidated net profit attributable to shareholders ₹2.8 crore, down 81.2% from ₹14.8 crore in Q1 FY26; revenue from operations ₹301 crore, up 5.9% year on year.
HLE Glascoat's book value per share was ₹76.87 on 31 March 2026: shareholders' equity of ₹534 crore divided by the 6.95 crore shares in issue, up 14.3% from ₹67.28 a year earlier. The share price at the 30 October 2026 close was ₹403.10.
HLE Glascoat's dividend yield is 0.27% at the 30 October 2026 close: dividends of ₹1.10 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹403.10. They were ₹1.10 on 23 September 2026.
In FY26, HLE Glascoat generated ₹161 crore of cash from operations and spent ₹55.7 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹106 crore. In FY25 it was ₹68 crore.
In FY26 (April 2025–March 2026), HLE Glascoat's consolidated net profit attributable to shareholders was ₹49.4 crore, up 5.8% from ₹46.7 crore in FY25, on revenue from operations of ₹1,353 crore (up 31.7%). Over three years, from FY23, net profit was down 29.2%.
HLE Glascoat will announce its Q2 FY27 results (July–September 2026) on Monday, 2 November 2026, the date of the board meeting it has notified to the exchanges.
On FY26 consolidated figures, against Pennar Industries, Kabra Extrusion Technik and EPack Prefab Technologies: HLE Glascoat's operating margin of 7.6% is the second highest of the four (Pennar Industries 7.5%, Kabra Extrusion Technik −4.4%, EPack Prefab Technologies 9.0%; peer average 4.0%); its return on equity of 10.0% is the third highest of the four (Pennar Industries 15.2%, Kabra Extrusion Technik −1.2%, EPack Prefab Technologies 12.6%; peer average 8.9%).
In FY26, HLE Glascoat earned net profit attributable to shareholders of ₹49.4 crore on revenue of ₹1,353 crore, against ₹165 crore on ₹3,620 crore for Pennar Industries. HLE Glascoat's operating margin was 7.6% (Pennar Industries 7.5%) and its return on equity 10.0% (Pennar Industries 15.2%). At the 30 October 2026 close, HLE Glascoat's market capitalisation was ₹2,800 crore against ₹2,082 crore for Pennar Industries, and its PE ratio on FY26 profit 56.6 against 12.6.
From HLE Glascoat's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.