	2012 Mar 31	2013 Mar 31	C 2014 Mar 31	2015 Mar 31	2016 Mar 31	R 2017 Mar 31	2018 Mar 31	R 2019 Mar 31	2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31	TTM Jun 30
	2012 Mar 31	2013 Mar 31	C 2014 Mar 31	2015 Mar 31	2016 Mar 31	R 2017 Mar 31	2018 Mar 31	R 2019 Mar 31	2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31	TTM Jun 30
Period length: Source:	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M IR
Total Revenue	70	76	77	88	92	81	97	359	426	484	652	932	968	1,028	1,353	1,370
Cost of Operating Revenue	54	58	51	58	63	51	60	237	258	283	382	507	541	548	759	713
Gross Profit	17	18	26	30	30	30	37	122	168	202	270	425	427	479	594	656
Gross Margin	23.8	23.7	33.9	33.9	32.2	37.4	38.2	34.1	39.4	41.7	41.4	45.6	44.2	46.6	43.9	47.9
Total Operating Expenses	63	67	68	80	83	75	89	320	361	401	553	817	877	923	1,248	1,285
Operating Profit	7	8	8	9	9	7	7	40	66	83	99	114	91	105	105	85
Operating Margin	9.9	10.8	11.0	9.6	10.0	8.3	7.4	11.0	15.4	17.1	15.2	12.3	9.4	10.2	7.7	6.2
Financing Income/(Expense) - Net	-3	-3	-3	-3	-3	-2	-1	-13	-12	-9	-10	-20	-32	-34	-32	-34
Profit before Taxes	5	5	6	6	6	5	7	28	57	77	84	99	59	75	71	52
Income Taxes	2	2	2	1	2	2	1	9	17	24	26	30	18	13	14	12
Profit after Tax	3	4	4	5	4	3	5	18	38	55	56	69	26	47	49	36
PAT Margin	4.0	4.8	5.0	5.1	4.5	3.8	5.5	5.0	9.0	11.3	8.5	7.4	2.7	4.5	3.7	2.6
EPS - Basic - ex Extraordinary Items	1.12	1.44	1.52	1.82	1.66	1.25	1.65	2.77	5.91	8.06	8.52	10.23	4.35	6.84	7.18	5.19
EPS - Diluted - ex Extraordinary Items	1.12	1.44	1.52	1.82	1.66	1.25	1.65	2.77	5.91	8.06	8.52	10.23	0.08	6.84	7.18	5.19
EBIT	7	8	8	9	9	7	7	40	66	83	99	114	91	105	105	85
EBITDA	9	10	10	11	11	9	10	46	73	92	110	137	117	134	141	123
EBITDA Margin	12.2	13.3	13.6	12.3	12.4	11.4	10.6	12.8	17.2	18.9	16.9	14.7	12.1	13.1	10.4	9.0

Balance Sheet

Abridged

Understanding Balance Sheet

HLE Glascoat Ltd. balance sheet covering assets, liabilities, equity and borrowings across annual and quarterly periods.

Consolidated

Standalone

Annual

Interim

	C 2012 Mar 31	2013 Mar 31	2014 Mar 31	2015 Mar 31	R 2016 Mar 31	R 2017 Mar 31	C 2018 Mar 31	R 2019 Mar 31	2020 Mar 31	2021 Mar 31	2022 Mar 31	R 2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31
	C 2012 Mar 31	2013 Mar 31	2014 Mar 31	2015 Mar 31	R 2016 Mar 31	R 2017 Mar 31	C 2018 Mar 31	R 2019 Mar 31	2020 Mar 31	2021 Mar 31	2022 Mar 31	R 2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31
Source:	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR
Total Current Assets	45	45	48	59	54	64	68	203	229	249	479	559	620	649	716
Long-Term Investments	0	0	0	0	2	2	2	1	1	2	2	3	6	28	10
Property Plant & Equipment - Net	22	22	22	22	23	21	21	84	100	118	271	316	364	400	433
Total Non-Current Assets	25	24	24	25	26	30	30	90	107	128	281	335	582	645	665
Total Assets	69	69	73	84	80	94	97	294	335	377	760	894	1,202	1,293	1,382
Total Current Liabilities	44	42	43	51	40	35	40	188	200	183	341	407	487	568	604
Long Term Debt	2	2	1	4	7	3	2	60	54	55	137	106	170	136	128
Total Non-Current Liabilities	7	6	7	9	11	12	6	64	58	59	166	161	218	171	160
Total Liabilities	51	48	50	60	52	47	46	251	258	242	507	568	705	739	764
Total Shareholders' Equity	18	20	23	24	28	47	51	41	76	135	254	327	417	459	534
Minority Interest	-	-	-	-	-	-	-	1	1	0	0	0	80	95	84
Total Equity	18	20	23	24	28	47	51	42	77	135	254	327	497	554	618
Total Liabilities & Equity	69	69	73	84	80	94	97	294	335	377	760	894	1,202	1,293	1,382

Cash Flow

Abridged

Understanding Cash Flow Statement

HLE Glascoat Ltd. cash flow statement covering operating, investing and financing activities across annual and quarterly periods.

Consolidated

Standalone

Annual

Interim

	R 2012 Mar 31	2013 Mar 31	2014 Mar 31	C 2015 Mar 31	2016 Mar 31	R 2017 Mar 31	R 2018 Mar 31	R 2019 Mar 31	2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31
	R 2012 Mar 31	2013 Mar 31	2014 Mar 31	C 2015 Mar 31	2016 Mar 31	R 2017 Mar 31	R 2018 Mar 31	R 2019 Mar 31	2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31
Period length: Source:	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR
Operating CF bef Changes in Working Cap	5.27	5.88	5.05	5.53	5.65	5.68	8.94	26.49	54.16	68.76	72.36	93.21	74.46	98.28	111.45
Working Capital - Increase/(Decrease)	0.08	-5.06	3.88	-3.64	-0.65	-2.26	0.24	8.40	-17.07	-26.65	-72.26	-106.33	-0.67	5.90	19.57
Net CF from Operating Activities	5.34	0.82	8.92	1.89	5.00	3.42	9.18	34.89	37.10	42.12	0.10	-13.12	73.79	104.18	131.02
Capital Expenditures - Net	3.79	1.71	1.63	5.10	3.02	6.41	3.04	15.71	22.90	28.74	68.19	41.29	55.15	66.34	52.73
Net CF from Investing Activities	-3.79	-1.71	-1.63	-5.10	-3.02	-16.23	-0.86	-15.49	-20.21	-30.10	-173.58	-40.83	-46.25	-70.05	-89.41
Dividends Paid - Cash - Total	1.00	1.10	1.10	1.25	1.35	1.08	1.11	0.93	3.13	3.23	5.38	6.82	7.51	7.75	7.51
Stock - Issuance/(Retirement) - Net	-	-	-	-	-	17.55	-	-	-	4.51	53.35	-7.48	-0.80	-7.48	-
Debt - LT & ST - Issuance/(Retirement) - Total	-0.70	1.82	-6.50	4.88	-0.78	-7.13	-5.74	-6.11	-17.42	-1.84	115.92	38.65	96.86	-13.06	-45.20
Net Cash Flow from Financing Activities	-1.39	0.77	-7.60	3.63	-2.13	13.84	-8.81	-14.13	-22.00	-2.86	161.36	31.70	3.05	-27.83	-51.19
Free Cash Flow to Equity	0.86	0.93	0.79	1.67	1.20	-10.11	0.39	13.08	-3.23	11.54	47.83	-15.76	115.51	24.78	33.09
Free Operating CF net dividend	0.18	-2.16	6.19	-4.46	0.62	-4.06	5.02	17.26	11.07	6.67	-74.66	-68.40	11.11	30.05	67.85
Free Operating CF	1.18	-1.06	7.29	-3.21	1.97	-2.98	6.13	18.19	14.20	9.90	-69.28	-61.58	18.62	37.79	75.36

Business Segment Analysis

FY End:

Mar 26

HLE Glascoat Ltd. business segment breakdown covering revenue, operating income and assets across key divisions for the selected financial year.

Revenue / Sales

Glass Lined Equipment (50.0%)₹ 676.36 CrFiltration, Drying and Other Equipment (35.1%)₹ 474.34 CrHeat Exchange Equipment (14.8%)₹ 200.34 CrUnallocable (0.1%)₹ 1.94 Cr

Assets

Glass Lined Equipment (54.2%)₹ 748.39 CrHeat Exchange Equipment (23.0%)₹ 317.94 CrFiltration, Drying and Other Equipment (22.0%)₹ 304.52 CrUnallocable (0.8%)₹ 10.95 Cr

Regional Segment Analysis

FY End:

Mar 26

HLE Glascoat Ltd. geographic revenue split showing domestic and international market performance across revenue and income for the selected financial year.

Revenue / Sales

India (65.2%)₹ 882.66 CrOutside India (34.8%)₹ 470.32 Cr

Historical Segment Analysis

Track how HLE Glascoat Ltd. segment contributions have evolved over multiple financial years to see which divisions are growing, shrinking or gaining strategic importance.

Capex

Sales

Assets

Business

Regional

Business

	2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31
	2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31
Chemical Products	8	1	-	-	-
Filtration, Drying and Other Equipment	4	23	33	12	7
Glass Lined Equipment	5	16	135	57	38
Unallocable	-	-	0	0	-
Heat Exchange Equipment	-	-	-	0	1
Heat Exchange Equipment	-	-	-	0	1

Frequently Asked Questions

What is the revenue of HLE Glascoat Ltd.?

The latest trailing twelve month revenue of HLE Glascoat Ltd. is ₹ 1,369.78 Cr, reflecting a 1-year growth of 26.31% and a 3-year CAGR of 14.01%. Annual and quarterly revenue trends are available in the Income Statement section.

What is the net profit of HLE Glascoat Ltd.?

The latest trailing twelve month net profit (PAT) of HLE Glascoat Ltd. is ₹ 35.06 Cr, with a 3-year earnings CAGR of -17.32%. Detailed profit history across annual and quarterly periods is in the Income Statement section.

What is the EBITDA of HLE Glascoat Ltd.?

The trailing twelve month EBITDA of HLE Glascoat Ltd. is approximately ₹ 85.09 Cr (based on an operating margin of 6.21%). EBITDA reflects core operating profitability before interest, taxes, depreciation and amortisation.

What is the EPS of HLE Glascoat Ltd.?

The trailing twelve month Earnings Per Share (EPS) of HLE Glascoat Ltd. is 5.22. EPS trends across annual and quarterly periods are visible in the Income Statement section.

What is the debt level of HLE Glascoat Ltd.?

The debt-to-equity ratio of HLE Glascoat Ltd. stands at 0.65. The interest coverage ratio is 2.49x, reflecting the company's ability to service debt from operating earnings. The full breakdown of total borrowings is in the Balance Sheet section.

What is the book value per share of HLE Glascoat Ltd.?

The estimated book value per share of HLE Glascoat Ltd. is 78.21 (derived from a P/B ratio of 4.75 and market price of ₹ 371.65), reflecting the net asset value attributable to each share. See the Balance Sheet section for a full breakdown.

What is the cash flow from operations of HLE Glascoat Ltd.?

The trailing twelve month operating cash flow of HLE Glascoat Ltd. is ₹ 131.02 Cr. Annual and quarterly cash flow data is available in the Cash Flow section of the Statements tab.

Does HLE Glascoat Ltd. report consolidated or standalone financials?

HLE Glascoat Ltd. reports consolidated financials. You can toggle between consolidated and standalone views using the switch at the top of each statement section.