Sharescart Research Club logo ×
Screener Research Unlisted Startup Funding New IPO New

HLE Glascoat

₹431.8 2.9 | 0.7%

Market Cap ₹2947 Cr.

Stock P/E 65.3

P/B 8.4

Current Price ₹431.8

Book Value ₹ 51.3

Face Value 2

52W High ₹698.6

Dividend Yield 0.25%

52W Low ₹ 405

HLE Glascoat Research see more...

Overview Inc. Year: 1991Industry: Engineering - Industrial Equipments

HLE Glascoat Ltd, previously known as Swiss Glascoat Equipments Ltd is an India-based organization engaged in designing and manufacturing of carbon metal glass coated gadget. The Company's merchandise comprises AE & CE type reactors, rotary conical vacuum dryer (RCVD), agitated nutsche filter and drier (ANFD), heat exchanger/condenser, receivers/storage tanks, dryers, filters, columns and agitators. The Company offers accessories, such as valves, pipes and fittings. The Company offers its merchandise to pharmaceutical/active pharmaceutical ingredient (API), speciality chemical substances, dyes/shades, agro chemicals, meals processing and allied industries. The Company operates income and carrier offices in India, such as Bangalore, Chennai, Mumbai, Surat, Ahmedabad, Baroda, Hyderabad and New Delhi; Thailand; Israel; Mexico; Bangladesh, and South Korea.

Read More..

HLE Glascoat Share Price

New

| |

Volume
Price

Quarterly Price

Show Value Show %

HLE Glascoat Quarterly Results

#(Fig in Cr.) Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 124 155 249 204 215 214 298 197 224 239
Other Income 1 4 2 4 3 2 3 1 3 4
Total Income 125 159 251 208 217 217 301 198 228 243
Total Expenditure 102 129 211 176 179 188 254 174 198 215
Operating Profit 23 30 40 32 38 28 47 24 30 29
Interest 2 4 5 4 5 5 9 5 6 10
Depreciation 2 3 4 6 5 6 6 6 6 7
Exceptional Income / Expenses 0 -8 -1 0 0 0 0 0 -2 -3
Profit Before Tax 19 15 30 22 28 17 33 13 16 8
Provision for Tax 6 7 6 6 8 5 10 4 5 2
Profit After Tax 13 8 23 15 19 12 23 9 11 6
Adjustments -0 -0 -0 0 0 0 0 -0 -1 -3
Profit After Adjustments 13 8 23 15 19 12 23 9 10 3
Adjusted Earnings Per Share 1.9 1.1 3.4 2.3 0.6 1.8 3.3 1.4 1.5 0.4

HLE Glascoat Profit & Loss

#(Fig in Cr.) Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 359 426 442 644 923 958
Other Income 3 5 3 7 8 11
Total Income 362 431 445 652 930 970
Total Expenditure 313 354 354 531 783 841
Operating Profit 49 77 92 120 147 130
Interest 15 13 11 14 25 30
Depreciation 7 7 7 10 22 25
Exceptional Income / Expenses 0 0 0 -9 0 -5
Profit Before Tax 28 57 74 87 100 70
Provision for Tax 9 17 23 26 30 21
Profit After Tax 19 39 51 61 71 49
Adjustments -1 -1 1 -3 -1 -4
Profit After Adjustments 18 38 52 58 70 45
Adjusted Earnings Per Share 5.5 5.9 8 8.5 10.2 6.6

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 43% 29% 0% 0%
Operating Profit CAGR 23% 24% 0% 0%
PAT CAGR 16% 22% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -31% -10% 64% 50%
ROE Average 24% 37% 50% 50%
ROCE Average 24% 32% 33% 33%

HLE Glascoat Balance Sheet

#(Fig in Cr.) Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 41 76 135 254 327
Minority's Interest 1 1 0 0 0
Borrowings 60 54 55 130 98
Other Non-Current Liabilities 4 4 5 43 69
Total Current Liabilities 188 200 182 333 397
Total Liabilities 294 335 377 759 891
Fixed Assets 85 94 119 244 317
Other Non-Current Assets 5 12 11 37 16
Total Current Assets 203 229 247 479 559
Total Assets 294 335 377 759 891

HLE Glascoat Cash Flow

#(Fig in Cr.) Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 1 6 1 10 25
Cash Flow from Operating Activities 49 45 48 1 5
Cash Flow from Investing Activities -15 -19 -29 -173 -40
Cash Flow from Financing Activities -29 -30 -10 160 13
Net Cash Inflow / Outflow 5 -5 9 -12 -22
Closing Cash & Cash Equivalent 6 1 10 25 3

HLE Glascoat Ratios

# Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 5.5 5.91 8 8.52 10.23
CEPS(Rs) 7.71 7.21 8.89 10.39 13.61
DPS(Rs) 0 0.9 0.8 1 1.1
Book NAV/Share(Rs) 9.31 11.47 17.31 36.97 47.75
Core EBITDA Margin(%) 12.86 16.99 19.95 17.49 15.14
EBIT Margin(%) 11.84 16.38 19.15 15.64 13.57
Pre Tax Margin(%) 7.65 13.25 16.75 13.47 10.87
PAT Margin (%) 5.15 9.18 11.56 9.42 7.67
Cash Profit Margin (%) 6.97 10.93 13.14 11.01 10.06
ROA(%) 6.31 12.46 14.36 10.68 8.58
ROE(%) 61.23 75.1 54.6 33.19 24.49
ROCE(%) 27.32 42.13 41.93 29.26 24.22
Receivable days 33.97 33.17 46.76 61.52 77.26
Inventory Days 133.36 121.78 124.26 117.76 106.07
Payable days 98.32 98.33 94.24 88.14 87.53
PER(x) 6.43 16.19 56.79 127.72 49.21
Price/Book(x) 3.8 8.35 26.25 29.43 10.54
Dividend Yield(%) 0 0.94 0.18 0.09 0.22
EV/Net Sales(x) 0.59 1.67 6.89 11.8 3.97
EV/Core EBITDA(x) 4.31 9.19 33.23 63.26 24.89
Net Sales Growth(%) 0 18.66 3.65 45.74 43.26
EBIT Growth(%) 0 64.24 21.15 18.97 24.33
PAT Growth(%) 0 111.6 30.46 18.64 16.71
EPS Growth(%) 0 7.45 35.32 6.47 20.02
Debt/Equity(x) 3.79 1.32 0.81 0.82 0.76
Current Ratio(x) 1.08 1.14 1.36 1.44 1.41
Quick Ratio(x) 0.38 0.38 0.55 0.64 0.73
Interest Cover(x) 2.83 5.24 7.98 7.2 5.03
Total Debt/Mcap(x) 1 0.16 0.03 0.03 0.07

HLE Glascoat Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 70.32 70.32 70.32 70.32 70.32 70.32 70.32 66.69 66.69 66.69
FII 5.03 5.02 4.73 4.32 4.3 4.31 4.3 4.25 4.24 4.28
DII 0.85 0.85 0.87 0.74 0.71 0.71 0.53 3.93 3.94 3.77
Public 23.8 23.81 24.09 24.62 24.67 24.66 24.85 25.13 25.12 25.26
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 37%
  • Debtor days have improved from 88.14 to 87.53days.
  • Company has reduced debt.

Cons

  • Stock is trading at 8.4 times its book value.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

HLE Glascoat News

IPO

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....