About Hle Glascoat Limited
Data last updated: 15 July 2026
Hle Glascoat Limited is a public limited company based in Gujarat, Gujarat, India. It specialises in industrial machinery manufacturing, a part of the broader machinery and industrial equipment sector. Incorporated on 26 August 1991, the company has been in operation for over 35 years.
Registered with ROC Ahmedabad under CIN L26100GJ1991PLC016173. Listed on BSE: 522215 and NSE: HLEGLAS.
Capital: an authorised share capital of ₹27.6 Cr and a paid-up capital of ₹13.89 Cr. Formerly known as Swiss Glascoat Equipments Limited. It is led by directors including Himanshu Khushalbhai Patel and Aalap Nileshbhai Patel.
Last AGM: 26 September 2025. Financial statements filed for year ended 31 March 2025. Office: H – 106 Gidc Estate Vithal Udyognagar, Gujarat, Gujarat, India – 388121.
As per NSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹1,352.98 Cr, a growth of 31.67% compared to the previous year. The net worth stands at ₹618.25 Cr (up 11.54% YoY). Total assets are valued at ₹1,381.8 Cr (up 6.84% YoY).
The company has a workforce of approximately 709 employees as per the latest available data.
The company is associated with 1 brand - Swiss Glascoat Equipments. As per MCA filings, the company has open charges of ₹878.94 Cr and satisfied charges of ₹253.88 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website glascoat.com.
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EmailLocked
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TelephoneLocked
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Website
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Social Media
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Registered AddressH – 106 Gidc Estate Vithal Udyognagar, Gujarat, Gujarat, India – 388121
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IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Hle Glascoat Limited
Hle Glascoat Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L26100GJ1991PLC016173, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L26100GJ1991PLC016173 | Current |
| U26100GJ1991PTC016173 | Previous |
| L26100GJ1992PLC016173 | Previous |
Associated Brands with Hle Glascoat Limited
Hle Glascoat Limited operates one associated brand: Swiss Glascoat Equipments. These brands represent Hle Glascoat Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Process equipment for chemical and pharmaceutical industries is manufactured. | glascoat.com |
Business Activity of Hle Glascoat Limited
Hle Glascoat Limited is engaged in the principal business activity of manufacturing, with detailed activities including electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details for Hle Glascoat Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Hle Glascoat Limited
Hle Glascoat Limited is audited by M M NISSIM & CO LLP (ICAI peer reviewed, certificate valid till 2028-03-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| M M NISSIM & CO LLP (ICAI peer reviewed, certificate valid till 2028-03-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Hle Glascoat Limited
Hle Glascoat Limited is currently managed by 8 directors, with 20 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Himanshu Khushalbhai Patel | Managing Director | 31 Dec 2016 | 9 Years 6 Months | Current |
|
Aalap Nileshbhai Patel
Also directs:
Thaletec Llp, Hle Glascoat Limited, Kinam Engineering Industries Private Limited and 2 more
|
Whole-Time Director | 31 Dec 2016 | 9 Years 6 Months | Current |
| Nilesh Khushalbhai Patel | Director | 31 Dec 2016 | 9 Years 6 Months | Current |
| Harsh Himanshubhai Patel | Whole-Time Director | 31 Dec 2016 | 9 Years 6 Months | Current |
|
Vijayanti Punjabi
Also directs:
Hle Glascoat Limited, Kinam Engineering Industries Private Limited
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Director | 31 Dec 2016 | 9 Years 6 Months | Current |
|
Yatish Chandrakant Parekh
Also directs:
Hle Glascoat Limited
|
Director | 29 May 2017 | 9 Years 2 Months | Current |
Financials of Hle Glascoat Limited FY 2026 filings available
Hle Glascoat Limited reported revenue of ₹1,352.98 Cr (up 31.67% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Revenue from Operations | ₹1,352.98 Cr | ₹1,027.59 Cr | ₹967.92 Cr | ₹931.52 Cr |
| Other Income | ₹8.78 Cr | ₹7.36 Cr | ₹8.82 Cr | ₹8.05 Cr |
| Total Income | ₹1,361.76 Cr | ₹1,034.95 Cr | ₹976.74 Cr | ₹939.57 Cr |
| Cost of Materials Consumed | ₹603.24 Cr | ₹499.15 Cr | ₹453.57 Cr | ₹424.86 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹1.38 Cr | ₹0 | ₹0 |
| Changes in Inventories | ₹30.39 Cr | -₹51.42 Cr | -₹13.18 Cr | ₹7.76 Cr |
| Employee Benefit Expense | ₹253.21 Cr | ₹200.68 Cr | ₹177.45 Cr | ₹147.56 Cr |
| Finance Costs | ₹34.45 Cr | ₹36.19 Cr | ₹30.58 Cr | ₹23.05 Cr |
| Depreciation & Amortisation | ₹36.45 Cr | ₹29.67 Cr | ₹26.31 Cr | ₹22.7 Cr |
| Other Expenses | ₹326.39 Cr | ₹244.22 Cr | ₹238.02 Cr | ₹214.32 Cr |
| Total Expenses | ₹1,284.13 Cr | ₹959.88 Cr | ₹912.75 Cr | ₹840.25 Cr |
| Profit Before Exceptional Items & Tax | ₹77.63 Cr | ₹75.07 Cr | ₹63.99 Cr | ₹99.33 Cr |
| Exceptional Items | -₹6.69 Cr | ₹0 | -₹5.31 Cr | ₹0 |
| Profit Before Tax | ₹70.95 Cr | ₹75.07 Cr | ₹58.68 Cr | ₹99.33 Cr |
| Total Tax Expense | ₹14.38 Cr | ₹13.3 Cr | ₹17.79 Cr | ₹29.52 Cr |
| Net Profit | ₹56.57 Cr | ₹61.77 Cr | ₹40.89 Cr | ₹69.81 Cr |
| attributable to Owners | ₹49.42 Cr | ₹46.71 Cr | ₹29.69 Cr | ₹69.81 Cr |
| attributable to NCI | ₹7.14 Cr | ₹15.05 Cr | ₹11.2 Cr | -₹72,000 |
| Other Comprehensive Income | ₹13.88 Cr | ₹3.19 Cr | ₹38.39 Lakh | ₹10.18 Cr |
| Total Comprehensive Income | ₹70.45 Cr | ₹64.96 Cr | ₹41.27 Cr | ₹79.99 Cr |
| EBITDA (computed) | ₹148.53 Cr | ₹140.93 Cr | ₹120.88 Cr | ₹145.07 Cr |
| Basic EPS | ₹7.20 | ₹9.05 | ₹5.99 | ₹10.37 |
| Diluted EPS | ₹7.20 | ₹9.05 | ₹5.99 | ₹10.37 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹1,381.8 Cr | ₹1,293.36 Cr | ₹1,201.96 Cr | ₹891.25 Cr |
| Non-current Assets | ₹665.47 Cr | ₹644.55 Cr | ₹581.69 Cr | ₹323.26 Cr |
| Current Assets | ₹716.07 Cr | ₹648.81 Cr | ₹620.27 Cr | ₹567.99 Cr |
| Property, Plant & Equipment | ₹429.3 Cr | ₹394.78 Cr | ₹344.76 Cr | ₹313.08 Cr |
| Inventories | ₹355.76 Cr | ₹369.5 Cr | ₹312.15 Cr | ₹268.47 Cr |
| Trade Receivables | ₹269.89 Cr | ₹184.9 Cr | ₹237.18 Cr | ₹242.8 Cr |
| Cash & Equivalents | ₹34.36 Cr | ₹39.59 Cr | ₹33.29 Cr | ₹2.68 Cr |
| Equity (Net Worth) | ₹618.25 Cr | ₹554.28 Cr | ₹496.7 Cr | ₹326.83 Cr |
| Equity Share Capital | ₹13.89 Cr | ₹13.65 Cr | ₹13.65 Cr | ₹13.65 Cr |
| Borrowings (Non-current) | ₹100.65 Cr | ₹109.26 Cr | ₹170.38 Cr | ₹98.37 Cr |
| Borrowings (Current) | ₹212.6 Cr | ₹240.63 Cr | ₹219.24 Cr | ₹148.72 Cr |
| Total Debt (computed) | ₹313.25 Cr | ₹349.89 Cr | ₹389.62 Cr | ₹247.09 Cr |
| Current Liabilities | ₹603.73 Cr | ₹568.4 Cr | ₹487.31 Cr | ₹396.98 Cr |
| Total Liabilities | ₹763.55 Cr | ₹739.08 Cr | ₹705.25 Cr | ₹564.42 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Operating Cash Flow | ₹161.22 Cr | ₹134.36 Cr | ₹93.46 Cr | ₹5.75 Cr |
| Investing Cash Flow | -₹85.91 Cr | -₹68.38 Cr | -₹44.67 Cr | -₹41.29 Cr |
| Financing Cash Flow | -₹84.89 Cr | -₹59.67 Cr | -₹18.2 Cr | ₹13.29 Cr |
| Capital Expenditure | ₹55.66 Cr | ₹66.39 Cr | ₹54.37 Cr | ₹48.46 Cr |
| Free Cash Flow (computed) | ₹105.56 Cr | ₹67.98 Cr | ₹39.09 Cr | -₹42.72 Cr |
| Dividends Paid | ₹7.51 Cr | ₹7.75 Cr | ₹7.51 Cr | ₹6.82 Cr |
| Net Change in Cash | -₹9.58 Cr | ₹6.31 Cr | ₹30.59 Cr | -₹22.25 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹391.69 Cr | ₹326.57 Cr | ₹634.72 Cr | ₹283.95 Cr | ₹333.71 Cr | ₹231.03 Cr | ₹235.78 Cr | ₹227.07 Cr | ₹306.9 Cr | ₹239.3 Cr | ₹224.42 Cr | ₹197.19 Cr |
| Other Income | ₹1.11 Cr | ₹3.49 Cr | ₹4.18 Cr | ₹2.25 Cr | ₹2.25 Cr | ₹1.93 Cr | ₹1.39 Cr | ₹1.78 Cr | ₹1.97 Cr | ₹4.03 Cr | ₹3.39 Cr | ₹68.3 Lakh |
| Total Income | ₹392.8 Cr | ₹330.06 Cr | ₹638.9 Cr | ₹286.19 Cr | ₹335.96 Cr | ₹232.96 Cr | ₹237.17 Cr | ₹228.86 Cr | ₹308.87 Cr | ₹243.33 Cr | ₹227.81 Cr | ₹197.87 Cr |
| Cost of Materials Consumed | ₹162.36 Cr | ₹137.95 Cr | ₹301.79 Cr | ₹134.18 Cr | ₹154.54 Cr | ₹132.65 Cr | ₹109.57 Cr | ₹101.81 Cr | ₹113.62 Cr | ₹109.16 Cr | ₹123.76 Cr | ₹108.93 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹1.38 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹18.25 Cr | ₹13.13 Cr | -₹99.65 Lakh | -₹6.06 Cr | ₹4.54 Cr | -₹36.92 Cr | -₹15.21 Cr | -₹3.83 Cr | ₹41.82 Cr | -₹6.83 Cr | -₹20.91 Cr | -₹27.26 Cr |
| Employee Benefit Expense | ₹74.12 Cr | ₹65.11 Cr | ₹113.98 Cr | ₹52.3 Cr | ₹56.37 Cr | ₹47.06 Cr | ₹47.42 Cr | ₹49.84 Cr | ₹49.73 Cr | ₹45.5 Cr | ₹40.17 Cr | ₹42.03 Cr |
| Finance Costs | ₹8.66 Cr | ₹7.86 Cr | ₹17.92 Cr | ₹8.6 Cr | ₹9.32 Cr | ₹8.78 Cr | ₹8.65 Cr | ₹9.44 Cr | ₹10.34 Cr | ₹9.7 Cr | ₹5.77 Cr | ₹4.78 Cr |
| Depreciation & Amortisation | ₹9.6 Cr | ₹9.9 Cr | ₹16.96 Cr | ₹8.36 Cr | ₹7.73 Cr | ₹7.38 Cr | ₹7.3 Cr | ₹7.26 Cr | ₹6.95 Cr | ₹7.33 Cr | ₹6.07 Cr | ₹5.96 Cr |
| Other Expenses | ₹94.14 Cr | ₹89.28 Cr | ₹144.12 Cr | ₹65.93 Cr | ₹64.88 Cr | ₹62.6 Cr | ₹59.9 Cr | ₹57.42 Cr | ₹65.25 Cr | ₹66.79 Cr | ₹54.94 Cr | ₹50.31 Cr |
| Total Expenses | ₹367.12 Cr | ₹323.23 Cr | ₹593.78 Cr | ₹263.3 Cr | ₹298.76 Cr | ₹221.56 Cr | ₹217.63 Cr | ₹221.93 Cr | ₹287.7 Cr | ₹231.65 Cr | ₹209.79 Cr | ₹184.75 Cr |
| Profit Before Exceptional Items & Tax | ₹25.68 Cr | ₹6.83 Cr | ₹45.12 Cr | ₹22.89 Cr | ₹37.2 Cr | ₹11.41 Cr | ₹19.53 Cr | ₹6.93 Cr | ₹21.17 Cr | ₹11.68 Cr | ₹18.02 Cr | ₹13.12 Cr |
| Exceptional Items | -₹43.36 Lakh | -₹3.18 Cr | -₹3.08 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | -₹3.44 Cr | -₹1.87 Cr | ₹0 |
| Profit Before Tax | ₹25.25 Cr | ₹3.65 Cr | ₹42.05 Cr | ₹22.89 Cr | ₹37.2 Cr | ₹11.41 Cr | ₹19.53 Cr | ₹6.93 Cr | ₹21.17 Cr | ₹8.24 Cr | ₹16.15 Cr | ₹13.12 Cr |
| Total Tax Expense | ₹5.1 Cr | -₹94.76 Lakh | ₹10.22 Cr | ₹5.03 Cr | ₹5.56 Cr | ₹1.12 Cr | ₹5.11 Cr | ₹1.51 Cr | ₹6.36 Cr | ₹2.27 Cr | ₹5.8 Cr | ₹3.83 Cr |
| Net Profit | ₹20.14 Cr | ₹4.6 Cr | ₹31.82 Cr | ₹17.87 Cr | ₹31.64 Cr | ₹10.28 Cr | ₹14.42 Cr | ₹5.42 Cr | ₹14.8 Cr | ₹5.97 Cr | ₹10.35 Cr | ₹9.29 Cr |
| attributable to Owners | ₹18.19 Cr | ₹2.83 Cr | ₹28.4 Cr | ₹14.76 Cr | ₹20.34 Cr | ₹8.49 Cr | ₹12.69 Cr | ₹3.4 Cr | ₹9.93 Cr | ₹3 Cr | ₹9.56 Cr | ₹9.29 Cr |
| attributable to NCI | ₹1.96 Cr | ₹1.77 Cr | ₹3.42 Cr | ₹3.1 Cr | ₹11.3 Cr | ₹1.79 Cr | ₹1.73 Cr | ₹2.02 Cr | ₹4.87 Cr | ₹2.97 Cr | ₹78.77 Lakh | ₹11,000 |
| Other Comprehensive Income | ₹4.62 Cr | ₹1.21 Cr | ₹8.05 Cr | ₹3.91 Cr | ₹5.53 Cr | -₹8.03 Cr | ₹7.65 Cr | -₹1.96 Cr | -₹5.13 Cr | ₹5.42 Cr | ₹44.13 Lakh | -₹34.5 Lakh |
| Total Comprehensive Income | ₹24.76 Cr | ₹5.81 Cr | ₹39.87 Cr | ₹21.77 Cr | ₹37.18 Cr | ₹2.25 Cr | ₹22.08 Cr | ₹3.46 Cr | ₹9.67 Cr | ₹11.39 Cr | ₹10.79 Cr | ₹8.95 Cr |
| EBITDA (computed) | ₹43.94 Cr | ₹24.59 Cr | ₹80.01 Cr | ₹39.85 Cr | ₹54.24 Cr | ₹27.57 Cr | ₹35.49 Cr | ₹23.63 Cr | ₹38.45 Cr | ₹28.71 Cr | ₹29.85 Cr | ₹23.86 Cr |
| Basic EPS | ₹2.65 | ₹0.41 | ₹4.16 | ₹2.62 | ₹4.64 | ₹1.51 | ₹2.11 | ₹0.79 | ₹2.16 | ₹0.88 | ₹1.52 | ₹1.36 |
| Diluted EPS | ₹2.65 | ₹0.41 | ₹4.16 | ₹2.62 | ₹4.64 | ₹1.51 | ₹2.11 | ₹0.79 | ₹2.16 | ₹0.88 | ₹1.52 | ₹1.36 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| a) Filtration, Drying and Other Equipment | ₹122 Cr | ₹14.33 Cr | ₹304.52 Cr | ₹106.74 Cr |
| b) Glass Lined Products | ₹219.54 Cr | ₹14.7 Cr | ₹748.39 Cr | ₹288.22 Cr |
| c) Heat Transfer Equipment | ₹50.02 Cr | ₹7.34 Cr | ₹317.94 Cr | ₹46.49 Cr |
| d) Unallocable Revenue | ₹13.9 Lakh | ₹0 | ₹0 | ₹322.11 Cr |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| a) Filtration, Drying and Other Equipment | ₹474.34 Cr | ₹57 Cr | - | - |
| b) Glass Lined Products | ₹676.36 Cr | ₹28.61 Cr | - | - |
| c) Heat Transfer Equipment | ₹200.34 Cr | ₹28.18 Cr | - | - |
| d) Unallocable Revenue | ₹1.94 Cr | ₹0 | - | - |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Revenue from Operations | ₹723.11 Cr | ₹551.12 Cr | ₹590.71 Cr | ₹649.46 Cr |
| Other Income | ₹15.92 Cr | ₹11.78 Cr | ₹15.14 Cr | ₹11.66 Cr |
| Total Income | ₹739.04 Cr | ₹562.91 Cr | ₹605.85 Cr | ₹661.12 Cr |
| Cost of Materials Consumed | ₹367.04 Cr | ₹333.99 Cr | ₹340.78 Cr | ₹350.21 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹21.26 Cr | -₹34.01 Cr | -₹21.53 Cr | ₹3.91 Cr |
| Employee Benefit Expense | ₹68.23 Cr | ₹57.98 Cr | ₹55.08 Cr | ₹49.06 Cr |
| Finance Costs | ₹28 Cr | ₹28.76 Cr | ₹26.64 Cr | ₹21.55 Cr |
| Depreciation & Amortisation | ₹17.53 Cr | ₹14.7 Cr | ₹13.97 Cr | ₹12.57 Cr |
| Other Expenses | ₹183.77 Cr | ₹140.96 Cr | ₹154.24 Cr | ₹151.61 Cr |
| Total Expenses | ₹685.83 Cr | ₹542.38 Cr | ₹569.18 Cr | ₹588.91 Cr |
| Profit Before Exceptional Items & Tax | ₹53.21 Cr | ₹20.53 Cr | ₹36.67 Cr | ₹72.21 Cr |
| Exceptional Items | -₹4.37 Cr | ₹0 | -₹5.31 Cr | ₹0 |
| Profit Before Tax | ₹48.83 Cr | ₹20.53 Cr | ₹31.36 Cr | ₹72.21 Cr |
| Total Tax Expense | ₹10.62 Cr | ₹4.14 Cr | ₹4.72 Cr | ₹17.79 Cr |
| Net Profit | ₹38.21 Cr | ₹16.39 Cr | ₹26.64 Cr | ₹54.42 Cr |
| Other Comprehensive Income | -₹24.75 Lakh | -₹62.62 Lakh | -₹32.43 Lakh | ₹76,000 |
| Total Comprehensive Income | ₹37.96 Cr | ₹15.76 Cr | ₹26.31 Cr | ₹54.43 Cr |
| EBITDA (computed) | ₹98.74 Cr | ₹63.99 Cr | ₹77.28 Cr | ₹106.33 Cr |
| Basic EPS | ₹5.55 | ₹2.40 | ₹3.90 | ₹7.97 |
| Diluted EPS | ₹5.55 | ₹2.40 | ₹3.90 | ₹7.97 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹906.63 Cr | ₹874.11 Cr | ₹853.19 Cr | ₹777.5 Cr |
| Non-current Assets | ₹528.16 Cr | ₹522.54 Cr | ₹491.71 Cr | ₹377.41 Cr |
| Current Assets | ₹378.22 Cr | ₹351.56 Cr | ₹361.48 Cr | ₹400.09 Cr |
| Property, Plant & Equipment | ₹276.42 Cr | ₹268.05 Cr | ₹228.88 Cr | ₹223.25 Cr |
| Inventories | ₹208.39 Cr | ₹229.39 Cr | ₹206.27 Cr | ₹182.45 Cr |
| Trade Receivables | ₹128.15 Cr | ₹85.96 Cr | ₹132.38 Cr | ₹171.82 Cr |
| Cash & Equivalents | ₹4.49 Lakh | ₹12.16 Cr | ₹3.47 Cr | ₹3.99 Lakh |
| Equity (Net Worth) | ₹392.98 Cr | ₹355.98 Cr | ₹347.73 Cr | ₹328.93 Cr |
| Equity Share Capital | ₹13.89 Cr | ₹13.65 Cr | ₹13.65 Cr | ₹13.65 Cr |
| Borrowings (Non-current) | ₹95.38 Cr | ₹109.26 Cr | ₹146.71 Cr | ₹98.37 Cr |
| Borrowings (Current) | ₹211.2 Cr | ₹201.69 Cr | ₹193.08 Cr | ₹142.56 Cr |
| Total Debt (computed) | ₹306.57 Cr | ₹310.95 Cr | ₹339.79 Cr | ₹240.93 Cr |
| Current Liabilities | ₹400.11 Cr | ₹386.33 Cr | ₹329.97 Cr | ₹312.71 Cr |
| Total Liabilities | ₹513.66 Cr | ₹518.13 Cr | ₹505.46 Cr | ₹448.57 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Operating Cash Flow | ₹66.08 Cr | ₹109.94 Cr | ₹48.31 Cr | ₹13.72 Cr |
| Investing Cash Flow | -₹21.51 Cr | -₹35.95 Cr | -₹108.4 Cr | -₹20.24 Cr |
| Financing Cash Flow | -₹56.69 Cr | -₹65.3 Cr | ₹63.53 Cr | ₹6.42 Cr |
| Capital Expenditure | ₹32.85 Cr | ₹45.3 Cr | ₹41.19 Cr | ₹38.64 Cr |
| Free Cash Flow (computed) | ₹33.23 Cr | ₹64.64 Cr | ₹7.11 Cr | -₹24.91 Cr |
| Dividends Paid | ₹7.51 Cr | ₹7.51 Cr | ₹7.51 Cr | ₹6.83 Cr |
| Net Change in Cash | -₹12.12 Cr | ₹8.69 Cr | ₹3.43 Cr | -₹8.92 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹201.54 Cr | ₹164.24 Cr | ₹357.34 Cr | ₹164.26 Cr | ₹195 Cr | ₹130.38 Cr | ₹114.48 Cr | ₹111.26 Cr | ₹165.6 Cr | ₹141.82 Cr | ₹156.79 Cr | ₹126.49 Cr |
| Other Income | ₹2.51 Cr | ₹2.39 Cr | ₹11.02 Cr | ₹9.34 Cr | ₹1.16 Cr | ₹93.04 Lakh | ₹94.39 Lakh | ₹8.75 Cr | ₹70.97 Lakh | ₹11.65 Cr | ₹3.24 Cr | ₹61.52 Lakh |
| Total Income | ₹204.05 Cr | ₹166.62 Cr | ₹368.36 Cr | ₹173.6 Cr | ₹196.16 Cr | ₹131.31 Cr | ₹115.42 Cr | ₹120.01 Cr | ₹166.31 Cr | ₹153.47 Cr | ₹160.04 Cr | ₹127.11 Cr |
| Cost of Materials Consumed | ₹96 Cr | ₹89.05 Cr | ₹180.85 Cr | ₹86.03 Cr | ₹104.27 Cr | ₹96.95 Cr | ₹70.11 Cr | ₹62.66 Cr | ₹78.12 Cr | ₹69.28 Cr | ₹105.28 Cr | ₹88.1 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹9.82 Cr | -₹2.71 Cr | ₹14.14 Cr | ₹78.09 Lakh | ₹9.76 Cr | -₹28.46 Cr | -₹14.01 Cr | -₹1.3 Cr | ₹18.94 Cr | ₹3.28 Cr | -₹16.66 Cr | -₹27.1 Cr |
| Employee Benefit Expense | ₹17.59 Cr | ₹17.5 Cr | ₹33.14 Cr | ₹16.3 Cr | ₹14.4 Cr | ₹14.47 Cr | ₹15.04 Cr | ₹14.07 Cr | ₹13.85 Cr | ₹14.13 Cr | ₹13.86 Cr | ₹13.23 Cr |
| Finance Costs | ₹6.86 Cr | ₹7.18 Cr | ₹13.96 Cr | ₹6.63 Cr | ₹6.72 Cr | ₹7.04 Cr | ₹7.13 Cr | ₹7.87 Cr | ₹8.66 Cr | ₹8.29 Cr | ₹5.33 Cr | ₹4.37 Cr |
| Depreciation & Amortisation | ₹4.74 Cr | ₹4.37 Cr | ₹8.42 Cr | ₹4.15 Cr | ₹3.73 Cr | ₹3.7 Cr | ₹3.67 Cr | ₹3.6 Cr | ₹3.51 Cr | ₹3.57 Cr | ₹3.52 Cr | ₹3.37 Cr |
| Other Expenses | ₹51.14 Cr | ₹47 Cr | ₹86.77 Cr | ₹41.51 Cr | ₹40.45 Cr | ₹35.86 Cr | ₹32.68 Cr | ₹31.98 Cr | ₹39.31 Cr | ₹43.04 Cr | ₹38.37 Cr | ₹34.6 Cr |
| Total Expenses | ₹186.16 Cr | ₹162.39 Cr | ₹337.28 Cr | ₹155.4 Cr | ₹179.33 Cr | ₹129.55 Cr | ₹114.61 Cr | ₹118.89 Cr | ₹162.4 Cr | ₹141.59 Cr | ₹149.7 Cr | ₹116.57 Cr |
| Profit Before Exceptional Items & Tax | ₹17.9 Cr | ₹4.23 Cr | ₹31.08 Cr | ₹18.19 Cr | ₹16.83 Cr | ₹1.76 Cr | ₹81.09 Lakh | ₹1.13 Cr | ₹3.91 Cr | ₹11.88 Cr | ₹10.34 Cr | ₹10.54 Cr |
| Exceptional Items | ₹0 | -₹3.16 Cr | -₹1.21 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | -₹3.44 Cr | -₹1.87 Cr | ₹0 |
| Profit Before Tax | ₹17.9 Cr | ₹1.07 Cr | ₹29.87 Cr | ₹18.19 Cr | ₹16.83 Cr | ₹1.76 Cr | ₹81.09 Lakh | ₹1.13 Cr | ₹3.91 Cr | ₹8.45 Cr | ₹8.46 Cr | ₹10.54 Cr |
| Total Tax Expense | ₹4.43 Cr | -₹22.86 Lakh | ₹6.42 Cr | ₹2.78 Cr | ₹3.24 Cr | ₹45.24 Lakh | ₹75.78 Lakh | -₹30.59 Lakh | ₹54.15 Lakh | -₹98.21 Lakh | ₹2.33 Cr | ₹2.83 Cr |
| Net Profit | ₹13.46 Cr | ₹1.3 Cr | ₹23.45 Cr | ₹15.42 Cr | ₹13.59 Cr | ₹1.31 Cr | ₹5.31 Lakh | ₹1.43 Cr | ₹3.37 Cr | ₹9.43 Cr | ₹6.13 Cr | ₹7.71 Cr |
| Other Comprehensive Income | ₹8.49 Lakh | -₹12.74 Lakh | -₹20.5 Lakh | -₹15.21 Lakh | -₹51.73 Lakh | -₹3.63 Lakh | -₹3.63 Lakh | -₹3.63 Lakh | -₹32.92 Lakh | ₹16,000 | ₹17,000 | ₹16,000 |
| Total Comprehensive Income | ₹13.55 Cr | ₹1.17 Cr | ₹23.25 Cr | ₹15.26 Cr | ₹13.07 Cr | ₹1.27 Cr | ₹1.68 Lakh | ₹1.4 Cr | ₹3.04 Cr | ₹9.43 Cr | ₹6.13 Cr | ₹7.72 Cr |
| EBITDA (computed) | ₹29.5 Cr | ₹15.78 Cr | ₹53.46 Cr | ₹28.97 Cr | ₹27.28 Cr | ₹12.5 Cr | ₹11.61 Cr | ₹12.6 Cr | ₹16.08 Cr | ₹23.74 Cr | ₹19.18 Cr | ₹18.28 Cr |
| Basic EPS | ₹1.95 | ₹0.19 | ₹3.43 | ₹2.26 | ₹1.99 | ₹0.19 | ₹0.01 | ₹0.21 | ₹0.49 | ₹1.38 | ₹0.90 | ₹1.13 |
| Diluted EPS | ₹1.95 | ₹0.19 | ₹3.43 | ₹2.26 | ₹1.99 | ₹0.19 | ₹0.01 | ₹0.21 | ₹0.49 | ₹1.38 | ₹0.90 | ₹1.13 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Glass Lined Products | ₹0 | ₹0 | ₹0 | ₹0 |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Glass Lined Products | ₹0 | ₹0 | - | - |
Shareholding Pattern of Hle Glascoat Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 65.64%, foreign institutional investors hold 2.27%, domestic institutional investors hold 4.87%, retail and other public shareholders hold 27.22% of Hle Glascoat Limited. The company had 71,271 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 65.64% | 65.64% | 65.64% | 66.78% | 66.69% | 66.69% |
| Public | 34.36% | 34.36% | 34.36% | 33.22% | 33.31% | 33.31% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | |
|---|---|---|---|---|
| Promoters | 65.64% | 66.69% | 66.69% | 70.32% |
| Public | 34.36% | 33.31% | 33.31% | 29.68% |
| Promoter change (YoY, %pts) | -1.05 | +0.00 | -3.63 | - |
Board & Governance of Hle Glascoat Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Hle Glascoat Limited has 8 directors - 4 independent and 3 executive. The board is chaired by YATISH CHANDRAKANT PAREKH.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| HIMANSHU K PATEL | Executive Director · MD | 2016-12-31 | 1 |
| AALAP NILESHBHAI PATEL | Executive Director | 2016-12-31 | 1 |
| NILESH K PATEL | Non-Executive - Non Independent Director | 2016-12-31 | 1 |
| HARSH H PATEL | Executive Director | 2016-12-31 | 1 |
| VIJAYANTI PUNJABI | Non-Executive - Independent Director | 2016-12-31 | 1 |
| YATISH CHANDRAKANT PAREKH | Non-Executive - Independent Director · Chairperson | 2017-05-29 | 1 |
| SANDEEP DEEPAK RANDERY | Non-Executive - Independent Director | 2017-05-29 | 1 |
| JAYESHBHAI VASTUPAL SHAH | Non-Executive - Independent Director | 2019-07-27 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | YATISH CHANDRAKANT PAREKH (Chairperson), SANDEEP DEEPAK RANDERY, JAYESHBHAI VASTUPAL SHAH, AALAP NILESHBHAI PATEL |
| Nomination and remuneration committee | VIJAYANTI PUNJABI (Chairperson), YATISH CHANDRAKANT PAREKH, JAYESHBHAI VASTUPAL SHAH |
| Stakeholders Relationship Committee | SANDEEP DEEPAK RANDERY (Chairperson), AALAP NILESHBHAI PATEL, HARSH H PATEL, JAYESHBHAI VASTUPAL SHAH |
| Risk Management Committee | AALAP NILESHBHAI PATEL (Chairperson), SANDEEP DEEPAK RANDERY, YATISH CHANDRAKANT PAREKH |
| Corporate Social Responsibility Committee | SANDEEP DEEPAK RANDERY (Chairperson), VIJAYANTI PUNJABI, AALAP NILESHBHAI PATEL |
Charges & Borrowings of Hle Glascoat Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Sep 2025 | Hdfc Bank Limited | ₹28.5 Lakh | Open |
| 24 Feb 2025 | Others | ₹97.4 Cr | Open |
| 27 Aug 2024 | Hdfc Bank Limited | ₹18.5 Lakh | Open |
| 19 Feb 2024 | Hdfc Bank Limited | ₹12.65 Lakh | Open |
| 23 Aug 2023 | Hdfc Bank Limited | ₹9 Lakh | Open |
Total charge records: 34 View all charges
Employees and EPFO Compliance at Hle Glascoat Limited
Hle Glascoat Limited has a workforce of 709 employees as of Apr 08, 2024.
Employee and EPFO history for Hle Glascoat Limited
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GST Compliance of Hle Glascoat Limited
GST registrations and filing compliance for Hle Glascoat Limited
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Credit Ratings, Litigation & Regulatory Alerts for Hle Glascoat Limited
Credit ratings, litigation, and regulatory alerts for Hle Glascoat Limited
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MSME Payment Delays by Hle Glascoat Limited
MSME payment history for Hle Glascoat Limited
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Subsidiaries & Group Companies of Hle Glascoat Limited
Corporate group structure for Hle Glascoat Limited
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MCA Filings & Documents of Hle Glascoat Limited
MCA filings and documents for Hle Glascoat Limited
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Recent Activity on Hle Glascoat Limited
Recent News on Hle Glascoat Limited
Frequently Asked Questions about Hle Glascoat Limited
Hle Glascoat Limited is an active public limited company in the machinery and equipment sector based in Gujarat, Gujarat, India. It was incorporated on 26 August 1991 (35+ years old) and is registered under CIN L26100GJ1991PLC016173. Listed on BSE: 522215 and NSE: HLEGLAS. The company has 709 employees.
Hle Glascoat Limited reported revenue of ₹1,352.98 Cr for FY 2026 (up 31.67% YoY) based on consolidated NSE filings.
The current directors of Hle Glascoat Limited are:
- Himanshu Khushalbhai Patel - Managing Director
- Aalap Nileshbhai Patel - Whole-Time Director
- Nilesh Khushalbhai Patel - Director
- Harsh Himanshubhai Patel - Whole-Time Director
- Vijayanti Punjabi - Director
- Yatish Chandrakant Parekh - Director
- Sandeep Dipak Randery - Director
- Jayeshbhai Vastupal Shah - Director
The primary industry of Hle Glascoat Limited is machinery and equipment. The company specifically operates in industrial machinery manufacturing. The company is currently active in this sector.
Yes. Hle Glascoat Limited is listed on both BSE (code: 522215) and NSE (symbol: HLEGLAS).
Hle Glascoat Limited can be reached at the registered office: H – 106 Gidc Estate Vithal Udyognagar, Gujarat, Gujarat, India – 388121, or through the website glascoat.com.