| Revenue growth | 31.7% YoY for FY26; Q4 up 17.4%. |
|---|---|
| Margins | EBITDA margin at 11%; aiming for 14-15% consolidated next year. |
| Order book | INR 681.6 cr as of March 31, 2026. |
| Demand visibility | Strong order book of INR 681.6 cr provides healthy FY27 visibility. |
| Management confidence | High on long-term strategy and turnaround of Omeras business. |
Growth
FY26 revenue grew 31.7% to INR 1,353 cr; Q4 FY26 revenue was INR 391.7 cr (+17.4% YoY).
Outlook
Targets INR 2,000 cr revenue in 2 years; guides for 15% consolidated margins and 15-20% growth in heat exchangers.
Risks
Margins impacted by transition costs of Omeras acquisition, labor code impacts (INR 2.1 cr), and geopolitical issues affecting gas prices.
Earnings Call filed with BSE, NSE: HLEGLAS. Summary written with AI assistance from the document.
HLE Glascoat Ltd: key numbers
- Share price
- ₹441.10
- Market cap
- ₹3,064 Cr
- Revenue (annual)
- ₹1,353 Cr
- Net profit (annual)
- ₹49.42 Cr
- P/E (TTM)
- 85.6×Sector 53.6×
- Promoter holding
- 65.64%+0.00% QoQ
- FII holding
- 2.05%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 Management Change
HLE Glascoat Limited appointed Mr. Amit Kalra as Chief Financial Officer and Key Managerial Personnel, effective September 25, 2026.
HLE Glascoat Promoter Selling (Off-Market)
Promoter Nilesh Khushalbhai Patel sold 69,45,474 shares (10.00% stake) to Aalap Nilesh Patel via an off-market inter-se gift transfer. This transaction reallocates promoter group holdings.
HLE Glascoat Promoter Buying (Off-Market)
Promoter Aalap Nilesh Patel acquired 69,45,474 shares (10.00% stake) of HLE Glascoat Limited from Mr. Nilesh Khushalbhai Patel via an inter-se gift transfer.
- Promoter stake change
- +10.00%
HLE Glascoat Bags ₹225.8 Cr Order from FLC Portals Group I/S
HLE Glascoat's subsidiary received a ₹225.75 Crore order from Denmark's FLC Portals for vitreous enamel cladding panels. Execution is due by April 2030.
- Value
- ₹225.8 Cr
- From
- FLC Portals Group I/S
- Execution
- On or before April 2030
HLE Glascoat Bags ₹224.1 Cr Order from FLC Portals Group I/S, Denmark
HLE Glascoat's subsidiary, HLE Surface Technologies, secured a Euro 20.56 million (approx. ₹224.10 Crore) contract from FLC Portals Group for enamel cladding panels.
- Value
- ₹224.1 Cr
- From
- FLC Portals Group I/S, Denmark
- Execution
- On or before April, 2030
HLE Glascoat Annual Report
HLE Glascoat Ltd has submitted its 35th Annual Report for FY 2025-26 as per SEBI (LODR) regulations. The document contains statutory disclosures and performance highlights.