HLE Glascoat Ltd (HLEGLAS) AI Stock Analysis

• Market Cap: ₹30.45B
• Dividend Yield: 0.25%
• Average Volume (3M): 20.17K
• Price to Earnings (P/E): 45.0
• Beta (1Y): 1.10
• Revenue Growth: 8.70%
• EPS Growth: 185.90%
• Country: IN
• Employees: 740
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Industrial - Machinery
• EPS (TTM): 2.16
• Shares Outstanding: 68,265,480
• 10 Day Avg. Volume: 22,288
• 30 Day Avg. Volume: 20,168
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹458.00
• Price Target Upside: 6.90% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 67 Neutral
• Price Target: ₹458.00 ▲(6.90% Upside)

HLE Glascoat Ltd's strong financial performance is the most significant factor, demonstrating solid revenue growth and cash flow generation. Technical analysis indicates some positive momentum despite potential volatility. Valuation concerns exist due to a high P/E ratio, but the company's financial stability provides a buffer.

HLE Glascoat Ltd Business Overview & Revenue Model

Company Description

HLE Glascoat Ltd (HLEGLAS) is an Indian company that specializes in the manufacturing of glass-lined equipment, which is used in various industries including pharmaceuticals, chemicals, and agrochemicals. The company's product portfolio includes reactors, storage tanks, columns, and other specialized equipment that cater to the process equipment needs of its clients. With a focus on quality and innovation, HLE Glascoat has established itself as a leader in the glass-lined equipment sector.

How the Company Makes Money

HLE Glascoat Ltd generates revenue primarily through the sale of its glass-lined equipment products. The company caters to a diverse range of industries that require high-quality, corrosion-resistant equipment for their processes. Key revenue streams include the manufacturing and sale of reactors, storage tanks, and columns, which are customized to meet the specific needs of their clients. Additionally, the company benefits from long-term relationships and contracts with major players in the pharmaceutical, chemical, and agrochemical industries, ensuring a steady demand for its products. HLE Glascoat also invests in R&D to enhance its product offerings and maintain its competitive edge in the market.

HLE Glascoat Ltd Financial Statement Overview

Summary

HLE Glascoat Ltd exhibits strong financial health with consistent revenue growth and profitability. The Gross Profit Margin and Net Profit Margin are strong, but a slight decline in EBIT and EBITDA margins suggests potential operational challenges. The balance sheet is stable, though rising debt warrants attention. Cash flow generation is robust, supporting future growth plans.

Income Statement

HLE Glascoat Ltd has shown robust revenue growth over the years, with a significant increase from 2020 to 2025. The Gross Profit Margin and Net Profit Margin are strong, indicating effective cost management and profitability. However, there's a slight decline in EBIT and EBITDA margins in the latest year, suggesting potential operational challenges.

Balance Sheet

The company's balance sheet reveals a healthy equity position with a decent Debt-to-Equity ratio, indicating manageable leverage. Return on Equity has been improving, reflecting effective utilization of equity capital. However, the increasing debt levels in recent years may pose a risk if not managed carefully.

Cash Flow

HLE Glascoat Ltd has demonstrated impressive growth in Free Cash Flow over the years, highlighting improved cash generation capabilities. The Operating Cash Flow to Net Income Ratio suggests high-quality earnings, although capital expenditures have also increased, indicating significant reinvestments into the business.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	10.28B	9.68B	9.32B	6.46B	4.81B
Gross Profit	4.64B	5.18B	4.99B	3.03B	2.25B
EBITDA	1.34B	1.15B	1.44B	1.07B	935.86M
Net Income	467.14M	296.87M	698.14M	581.68M	523.20M
Balance Sheet
Total Assets	12.93B	12.02B	8.91B	7.60B	3.77B
Cash, Cash Equivalents and Short-Term Investments	521.57M	332.86M	274.79M	249.30M	104.92M
Total Debt	3.81B	3.90B	2.57B	2.04B	753.13M
Total Liabilities	7.39B	7.05B	5.64B	5.07B	2.42B
Stockholders Equity	4.59B	4.17B	3.27B	2.54B	1.35B
Cash Flow
Free Cash Flow	679.75M	390.92M	-435.87M	-590.78M	160.23M
Operating Cash Flow	1.34B	942.62M	48.76M	103.00M	482.37M
Investing Cash Flow	-683.81M	-454.71M	-404.18M	-1.73B	-291.69M
Financing Cash Flow	-596.75M	-182.03M	132.94M	1.51B	-99.04M

HLE Glascoat Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 428.45
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:HLEGLAS, the sentiment is Positive. The current price of 428.45 is above the 20-day moving average (MA) of 428.18, below the 50-day MA of 433.68, and above the 200-day MA of 351.69, indicating a bullish trend. The MACD of 2.70 indicates Negative momentum. The RSI at 57.41 is Neutral, neither overbought nor oversold. The STOCH value of 48.09 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:HLEGLAS.

HLE Glascoat Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ANUP	68 Neutral	₹45.04B	37.36		0.74%	33.36%	9.67%
HLEGLAS	67 Neutral	₹30.45B	45.03		0.25%	8.70%	185.90%
GMMPFAUDLR	67 Neutral	₹58.04B	135.17		0.23%	-3.36%	-73.03%
ROTO	65 Neutral	₹16.66B	49.49		0.31%	8.54%	-14.66%
ISGEC	60 Neutral	₹76.86B	30.84		0.38%	3.30%	2.27%
KSB	59 Neutral	₹137.68B	53.61		0.50%	10.55%	17.96%
Sector *	44 Neutral	C$923.76M	-8.68	-0.23%	2.69%	24.53%	-41.45%