HLE Glascoat Ltd

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

HLE Glascoat Board Meeting Date

HLE Glascoat scheduled a board meeting for November 2, 2026 to approve Q1 and H1 2026-27 financial results. The trading window for the quarter was closed from October 1, 2026.

HLE Glascoat Other Announcement

HLE Glascoat Ltd has filed its quarterly shareholding pattern for the period ended September 30, 2026, in compliance with SEBI listing regulations.

HLE Glascoat Merger & Restructuring

HLE Glascoat's subsidiary Thaletec GmbH transferred its 100% stake in HLE Surface Technologies GmbH to HLE International S.à.r.l. for group structure rationalization.

HLE Glascoat Annual General Meeting

HLE Glascoat Ltd held its 35th Annual General Meeting on September 30, 2026. The meeting covered routine business including the adoption of financial statements and dividend declaration.

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.

HLE Glascoat Annual General Meeting

HLE Glascoat Limited announced its 35th Annual General Meeting for September 30, 2026, including dividend declaration of Rs.1.10 per share and book closure details.

HLE Glascoat Promoter Buying (Off-Market)

Promoter Aalap Nilesh Patel proposes to acquire 69,45,474 shares (10.00% stake) of HLE Glascoat Limited via gift from Nilesh Khushalbhai Patel, an inter-se promoter transfer.

HLE Glascoat Merger & Restructuring Worth ₹1.1 Cr

HLE Glascoat Limited invested an additional € 1,00,000 (approximately ₹ 1.10 Crore) as capital into its Luxembourg-based wholly-owned subsidiary, HLE International S.a.r.l.

Value

₹1.10 Cr