Hle Glascoat Limited Company Logo

Hle Glascoat Limited - Company Profile

It is a machinery and equipment public limited company based in Gujarat, Gujarat, India, established in 1991.

1991 | Gujarat, Gujarat, India | Active
Last Updated:

About Hle Glascoat Limited

Hle Glascoat Limited, a active public limited company, was established on 26 August 1991 in Gujarat, Gujarat, India. Engaging in industrial machinery manufacturing within the manufacturing sector, it holds CIN: L26100GJ1991PLC016173. Registered under ROC Roc Ahmedabad. it is listed on BSE: 522215 and NSE: HLEGLAS. It has an authorized capital of ₹27.60 Cr and a paid-up capital of ₹13.89 Cr.

Formerly known as Swiss Glascoat Equipments Limited. It upholds a compliant status. In 2023, it reported revenue of ₹661.12 Cr and a net worth of ₹328.93 Cr. Employing 709 professional, Its leadership includes Jayeshbhai Vastupal Shah (Director), Yatish Chandrakant Parekh (Director), Himanshu Khushalbhai Patel (Managing Director). Past directors included Bhanubhai Bhailalbhai Patel, Jayeshbhai Vastupal Shah, Yatish Chandrakant Parekh. It holds ₹874.94 Cr open charges and ₹253.88 Cr settled loans. Its latest AGM occurred on 26 September 2024, with the balance sheet filed on 31 March 2024. It is based at H-106 Gidc Estate, Vithal Udyognagar, Gujarat, Gujarat, 388121.

Company Details

  • CIN/LLPIN

    L26100GJ1991PLC016173

  • Registration Number

    016173

  • Incorporation Date

    26 August 1991

  • Authorized Capital

    ₹27.60 Cr

  • Paid-Up Capital

    ₹13.89 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Listed (BSE: 522215, NSE: HLEGLAS)

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 27.60 Cr
  • Paid Up Capital ₹ 13.89 Cr
  • Company Age 34 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 874.94 Cr
  • Satisfied Charges ₹ 253.88 Cr
  • Revenue Growth 26.57%
  • Profit Growth -11.89%
  • Ebitda 8.19%
  • Net Worth 16.92%
  • Total Assets 19.34%
Company report

Hle Glascoat Limited

Company Report FY 2025-2026

Explore comprehensive insights into Hle Glascoat Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Hle Glascoat Limited?

Current Directors

NameDesignationAppointment DateStatus
Jayeshbhai Vastupal ShahDirector03 Nov 2018Current
Yatish Chandrakant ParekhDirector29 May 2017Current
Himanshu Khushalbhai PatelManaging Director31 Dec 2016Current
Vijayanti PunjabiDirector31 Dec 2016Current
Harsh Himanshubhai PatelWhole-Time Director31 Dec 2016Current
Aalap Nileshbhai PatelWhole-Time Director31 Dec 2016Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector15 Jan 2014Past
Pramod AbcsddAdditional Director27 Jul 2019Past
Pramod AbcsddDirector31 Mar 2022Past
Pramod AbcsddWhole-Time Director01 Oct 2014Past
Pramod AbcsddManaging Director31 Mar 2022Past
Pramod AbcsddDirector30 May 2017Past

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Financial Performance of Hle Glascoat.

Hle Glascoat Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.57% increase. The company also saw a substantial fall in profitability, with a 11.89% decrease in profit. The company's net worth Soared by an impressive increase of 16.92%.

Hle Glascoat revenue growth over time
Hle Glascoat profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
26.57%
Revenue from Operations
27.72%
Total Assets
19.34%
Profit or Loss
-11.89%
Net Worth
16.92%
EBITDA
8.19%

What is the Ownership and Shareholding Structure of Hle Glascoat?

In 2023, Hle Glascoat had a promoter holding of 70.32% and a public holding of 29.68%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹8,749,360,000.00

Satisfied Charges

₹2,538,800,000.00

Charges Breakdown by Lending Institutions

  • Others : 318.40 Cr
  • Citi Bank N.A. : 294.30 Cr
  • Hdfc Bank Limited : 262.24 Cr

Latest Charge Details

DateLenderAmountStatus
09 Sep 2025Hdfc Bank Limited₹2.85 MOpen
24 Feb 2025Others₹97.40 CrOpen
27 Aug 2024Hdfc Bank Limited₹1.85 MOpen
19 Feb 2024Hdfc Bank Limited₹1.27 MOpen
23 Aug 2023Hdfc Bank Limited₹2.24 MOpen

Explore comprehensive loan charge details -

How Many Employees Work at Hle Glascoat?

Hle Glascoat has a workforce of 709 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Hle Glascoat Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hle Glascoat, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Hle Glascoat's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Hle Glascoat

Recent Activity within the Organization

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 0.29 Cr with Charge ID 101152659 was registered on 09 Sep 2025. was documented.

  • Charges

    A charge with Others of Rs. 97.40 Cr registered on 24 Feb 2025 with Charge ID 101080689 was modified on 26 Aug 2025. was recorded as a recent event.

  • Charges

    The activity A charge with Others amounted to Rs. 97.40 Cr with Charge ID 101080689 was registered on 24 Feb 2025. was completed.

  • Charges

    A charge registered on 28 Sep 2005 via Charge ID 90096996 with State Bank Of India was fully satisfied on 05 Nov 2024. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 23 Jul 2005 via Charge ID 90100079 with State Bank Of India was fully satisfied on 05 Nov 2024. was documented.

  • Annual General Meeting

    The activity Hle Glascoat Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records. was completed.

Frequently Asked Questions

  • What is the CIN of Hle Glascoat Limited?

    The CIN of Hle Glascoat Limited is L26100GJ1991PLC016173.

  • Where is Hle Glascoat Limited headquartered?

    Hle Glascoat Limited is headquartered at H-106 Gidc Estate, Vithal Udyognagar, Gujarat, Gujarat, 388121.

  • When was Hle Glascoat Limited incorporated?

    Hle Glascoat Limited was incorporated on 26 August 1991.

  • Who are the current directors of Hle Glascoat Limited?

    The current directors of Hle Glascoat Limited are

  • What is the primary industry of Hle Glascoat Limited?

    The primary industry of Hle Glascoat Limited is Manufacturing.

  • Is Hle Glascoat Limited a listed company?

    Hle Glascoat Limited is listed. It is listed on BSE: 522215 and NSE: HLEGLAS.

  • What is the capital structure of Hle Glascoat Limited?

    The authorized capital of Hle Glascoat Limited is ₹27.60 Cr, and the paid-up capital is ₹13.89 Cr.

  • What is the compliance status of Hle Glascoat Limited?

    The compliance status of Hle Glascoat Limited is Compliant.

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