ALFA Finder| 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
- ₹441.95
- Market cap
- ₹3,070 Cr
- Revenue (annual)
- ₹1,353 Cr
- Net profit (annual)
- ₹49.42 Cr
- P/E (TTM)
- 80.6×Sector 51.9×
- 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