ALFA Finder| Revenue growth | FY26 revenue up 31.7% to ₹1,353cr, largely acquisition-led. |
|---|---|
| Margins | Consolidated EBITDA margins fell to 11% due to German acquisition losses. |
| Order book | Consolidated order book stands at ₹681.6cr as of March 2026. |
| Demand visibility | Strong visibility in Pharma/API; specialty chemicals showing gradual recovery. |
| Management confidence | Cautiously optimistic, pivoting focus from aggressive scale to profitability. |
Growth
FY26 revenue reached ₹1,353cr (+31.7%), primarily inorganic. Organic growth hampered by high execution costs and transition losses.
Outlook
Targeting ₹2,000cr consolidated revenue by FY28 with anticipated consolidated EBITDA margins recovering to 14-15%.
Risks
Substantial integration risks and losses in German subsidiaries (₹15.3cr EBITDA loss) are dragging down consolidated profitability and cash flow.
Earnings Call filed with NSE, NSE: HLEGLAS. Summary written with AI assistance from the document.
HLE Glascoat Ltd: key numbers
- Share price
- ₹438.60
- Market cap
- ₹3,046 Cr
- Revenue (annual)
- ₹1,353 Cr
- Net profit (annual)
- ₹49.42 Cr
- P/E (TTM)
- 80.0×Sector 52.1×
- Promoter holding
- 65.64%+0.00% QoQ
- FII holding
- 1.60%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from HLE Glascoat Ltd
All →HLE Glascoat Bags ₹448.5 Cr Order
HLE Glascoat secured an international order worth Rs.448.53 Crore for heat exchangers for an energy storage project. Execution is expected to complete progressively by November 2028.
- Value
- ₹448.5 Cr
- Execution
- Expected to be completed progressively by November 2028, subject to contractual commencement provisions.
HLE Glascoat Bags ₹390.6 Cr Order from International entity in the long-duration energy storage sector
Kinam Engineering, an HLE Glascoat subsidiary, won a USD 42 million+ energy storage order, about INR390.6 Crore. Execution runs through November 2028.
- Value
- ₹390.6 Cr
- From
- International entity in the long-duration energy storage sector (name withheld)
- Execution
- Progressively through November 2028, subject to contractual commencement provisions
HLE Glascoat Earnings Call Transcript: Key Takeaways
Record ₹1,087 Cr order book (+51% YoY) but Q2 EBITDA margin 11.2%, H1 EBITDA down 23% YoY; Omeras barely breakeven, Kinam execution lumpy.
HLE Glascoat Investor Presentation: Key Takeaways
Q2 FY27 revenue ₹346.7 Cr (-1.2% YoY), EBITDA ₹39.0 Cr (11.2% margin), PAT ₹16.0 Cr (+14.8% YoY). Order book hit record ₹1,087.3 Cr.
HLE Glascoat Results Update
HLE Glascoat reported Q2 FY27 revenue of ₹346.7 Crore, up 15.3% quarter on quarter. Its order book reached a record ₹1,087.3 Crore.
HLE Glascoat Q2 FY27 Results: Net Profit ₹16 Cr, Up 14.3% YoY
HLE Glascoat Ltd reported revenue from operations of ₹346.7 Cr (-1.2% YoY) and net profit of ₹16 Cr (+14.3% YoY) for Q2 FY27.
- Key figure
- Net profit ₹16 Cr · +14.3% YoY