HLE Glascoat Limited manufactures filtration, drying, and glass-lined equipment used by pharmaceutical, chemical, and specialty-chemical manufacturers. Its engineered equipment serves applications requiring specialized corrosion-resistant technology. Expansion of India's specialty-chemical and pharmaceutical manufacturing provides long-term opportunities. Technology capabilities and customized engineering create barriers to entry. Industrial capex, order inflows, raw-material costs, customer concentration, and project execution remain important considerations.
| Market cap | Sales (TTM) | Net profit (TTM) | P/E | EPS (TTM) | P/B | ROE | ROE previous year | ROCE | Debt / equity | Free cash flow | EV / EBITDA | Beta |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ₹2,774 cr | ₹1,654 cr | ₹59 cr | 52.4 | 7.62 | 5.20 | 10.0% | 10.7% | 11.5% | 0.59 | ₹108 cr | 22.3 | 1.32 |
| Quarter | Sales ₹ cr | Net profit ₹ cr | EPS | EPS YoY | Sales YoY | Net margin |
|---|---|---|---|---|---|---|
| Jun 2026 | 301 | 2 | 0.40 | -84.7% | +5.9% | 0.7% |
| Mar 2026 | 392 | 20 | 2.65 | -42.9% | +17.4% | 5.1% |
| Dec 2025 | 327 | 5 | 0.41 | -72.9% | +41.3% | 1.4% |
| Sep 2025 | 635 | 32 | 4.16 | +97.2% | +169.2% | 5.0% |
| Jun 2025 | 284 | 18 | 2.62 | +231.7% | +25.1% | 6.3% |
| Mar 2025 | 334 | 32 | 4.64 | +114.8% | +8.7% | 9.5% |
| Dec 2024 | 231 | 10 | 1.51 | +71.6% | -3.5% | 4.5% |
| Sep 2024 | 236 | 14 | 2.11 | +38.8% | +5.1% | 6.1% |
| Check | Result |
|---|---|
| Latest quarter EPS up 25%+ on a year ago | ✗ Fail |
| EPS growth accelerating over 3 quarters | ✗ Fail |
| Sales up 25%+, or sales growth accelerating | ✗ Fail |
| Annual EPS up 25%+ in each of the last 2 years | ✗ Fail |
| Net margin above the same quarter last year | ✗ Fail |
| Method | Checks | Score | Verdict |
|---|---|---|---|
| Minervini | ✓ Close above the 150- and 200-day averages ✗ 150-day above 200-day ✗ 200-day rising for a month ✓ 50-day above the 150- and 200-day ✓ Close above the 50-day ✓ At least 25% above the 52-week low · low 251.00 ✗ Within 25% of the 52-week high · high 645.00 ✗ RS percentile 70 or more · RS 35 Trend template - the gate, measured: a modest 21-day edge. | 4/8 | 4 of 8 |
| Weinstein | Stan Weinstein's stage analysis on the 30-week moving average. | Stage 2 - advancing | |
| CAN SLIM | ✗ C latest quarter EPS up 25%+ ✗ A annual EPS up 25%+ in each of the last 2 years · O'Neil asks 3; ~2 held ✗ N within 15% of the 52-week high · high 645.00 ✓ S more volume on up days than down days (50 sessions) · 1.34x ✗ L RS percentile 80 or more · RS 35 — I institutional sponsorship rising · shareholding not collected yet ✓ M market in an uptrend (40%+ of stocks above their 200-day) · breadth 45% William O'Neil's growth-leader checklist. | 2/6 | Weak |
| Darvas | ✗ New 52-week high in the last 120 sessions Darvas needs a new 52-week high to start a box. | 10/100 | No box |
| Turtle | ✗ Close above the prior 55-session high · 485.00 ✗ Close above the prior 20-session high · 483.40 ✗ Close below the prior 20-session low · 397.10 Donchian channel breakout - the Turtle traders' entry. | No signal | |
| Greenblatt | — Earnings yield (EBITDA / EV) · 4.5% — Return on capital (ROCE) · 11.5% Joel Greenblatt's Magic Formula: good businesses at good prices, ranked across all companies. Earnings yield uses EBITDA, as EBIT is not held separately. | 21/100 | Weak |
| Graham | ✗ Price at or below the Graham number · Graham number 114.76 ✗ P/E 15 or less · P/E 52.4 ✗ P/B 1.5 or less (or P/E x P/B 22.5 or less) · P/B 5.20 ✗ Current ratio 2 or more · 1.19 — 10 years of positive earnings, 20 of dividends · history not held Benjamin Graham's defensive-investor tests. | 29/100 | Expensive |
| Piotroski | ✓ Profitable (ROA > 0) ✓ Operating cash flow positive ✗ ROA rising ✓ Cash flow above net profit (earnings quality) ✓ Long-term debt / assets falling ✓ Current ratio rising · 1.19 ✗ No new shares issued ✗ Margin rising (net margin) ✓ Asset turnover rising Joseph Piotroski's F-score, FY 2025 -> 2026. | 6/9 | Average |
| Stock | 1M % | 3M % | 6M % | 1Y % | 3Y % | 5Y % | P/E | P/B | ROE % | ROCE % | ROA % | D/E | EV/EBITDA | ₹ Cr | Sales TTM ₹ Cr | Profit TTM ₹ Cr | EPS | Beta |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HLEGLAS this stock | -10.6 | -4.7 | +23.3 | -18.1 | -28.1 | -71.6 | 52.4 | 5.20 | 10.0 | 11.5 | — | 0.59 | 22.3 | 2,774 | 1,654 | 59 | 7.6 | 1.32 |
| KDDL | -2.4 | +18.0 | +57.3 | +49.9 | +92.9 | +634.4 | 39.4 | 4.29 | 8.8 | 13.2 | — | 0.14 | 12.9 | 4,633 | 2,787 | 180 | 95.5 | 1.05 |
| STOVEKRAFT | +1.6 | +8.3 | +55.9 | +22.4 | +50.6 | -20.5 | 57.3 | 5.53 | 8.6 | 13.5 | — | 0.00 | 17.7 | 2,789 | 1,748 | 49 | 14.7 | 0.55 |
| VETO | +0.3 | +9.3 | +30.1 | +20.0 | +18.0 | +21.4 | 9.7 | 0.92 | 8.8 | 11.8 | — | 0.07 | 6.9 | 267 | 411 | 27 | 14.3 | 1.06 |
| CARYSIL | -11.8 | -15.2 | +15.6 | +9.7 | +48.2 | — | 26.6 | 4.67 | 17.4 | 17.8 | — | 0.44 | 16.7 | 2,840 | 959 | 108 | 37.5 | 1.60 |
| HARDWYN | -0.8 | -18.5 | -48.9 | +3.7 | -50.6 | — | 45.4 | 1.54 | 3.3 | 4.9 | — | 0.01 | 20.7 | — | 192 | 12 | 0.2 | 0.56 |
| LGEINDIA | +0.5 | +8.2 | +7.0 | +2.2 | — | — | 63.4 | 15.10 | 23.8 | — | — | 0.00 | 41.0 | 1.16L | 25,575 | 1,825 | 26.9 | 0.77 |
| ASAHIINDIA | -4.2 | +3.4 | +9.1 | -2.2 | +58.1 | +148.0 | 53.6 | 5.97 | 10.4 | 11.9 | — | 0.52 | 26.8 | 23,458 | 5,175 | 439 | 17.2 | 0.86 |
| ORIENTELEC | +16.1 | +12.1 | +7.4 | -5.7 | -13.5 | -40.3 | 33.2 | 5.16 | 13.2 | 20.3 | — | 0.05 | 16.1 | 4,148 | 3,684 | 125 | 5.9 | 0.97 |
| ETHOSLTD | -2.5 | -2.3 | +10.6 | -8.8 | +59.2 | — | 66.0 | 4.66 | 7.7 | 12.1 | — | 0.00 | 27.1 | 6,940 | 1,728 | 106 | 39.3 | 1.09 |
| BUTTERFLY | +0.4 | -22.4 | -5.0 | -16.4 | -51.0 | -41.2 | 20.5 | 2.63 | 13.1 | 18.1 | — | 0.00 | 11.2 | 1,051 | 1,008 | 51 | 28.7 | 0.23 |