Hle Glascoat Limited

BSE: 522215 NSE: HLEGLAS
Hle Glascoat Limited - machinery and equipment in Gujarat, Gujarat, India. FY 2026 financials and compliance.
CIN L26100GJ1991PLC016173 Incorporated 26 August 1991 ROC Ahmedabad HQ Gujarat, Gujarat, India
Active Listed - NSE: HLEGLAS · BSE: 522215 Public Limited Company machinery and equipment
Data last updated
Revenue · FY 2026
₹1,352.98 Cr
▲ 31.67% YoY
EBITDA · FY 2026
₹148.53 Cr
▲ 5.39% YoY
Net profit · FY 2026
₹56.57 Cr
▼ 8.42% YoY
Authorised capital
₹27.6 Cr
Registered with MCA
Paid-up capital
₹13.89 Cr
Issued & subscribed
Open charges
₹874.94 Cr
Satisfied ₹253.88 Cr
Company age
35 yrs
Est. 1991
Employees · EPFO
709
Latest available

About Hle Glascoat Limited

Data last updated: 17 December 2025

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 U26100GJ1991PTC016173. 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 Jayeshbhai Vastupal Shah and Yatish Chandrakant Parekh.

Last AGM: 26 September 2024. Financial statements filed for year ended 31 March 2024. Office: H – 106 Gidc Estate Vithal Udyognagar, Gujarat, Gujarat, India – 388121.

As per the financials filed for FY 2025, the company reported a revenue of ₹1,034.95 Cr, a growth of 6% compared to the previous year.

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 ₹874.94 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.

Company Details of Hle Glascoat Limited
CIN L26100GJ1991PLC016173
Registration Number 016173
Incorporation Date 26 August 1991
ROC Ahmedabad
Listing Status Listed (BSE: 522215, NSE: HLEGLAS)
Company Status Active
Date of Last AGM 26 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Key People
Himanshu Khushalbhai Patel Managing Director Harsh Himanshubhai Patel Whole-Time Director Aalap Nileshbhai Patel Whole-Time Director
Contact Details
  • Email
    **************
  • Telephone
    **************
  • Website
    **************
  • Social Media
  • Registered Address
    H – 106 Gidc Estate Vithal Udyognagar, Gujarat, Gujarat, India – 388121
  • Industry
    Machinery and Equipment, Industrial Machinery Manufacturing
Company report
Hle Glascoat Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Hle Glascoat Limited in one report.

10-year financials Directors & ownership Charges & compliance

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
Swiss Glascoat Equipments
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 *********

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 10 directors, with 28 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Jayeshbhai Vastupal Shah
Also directs: Kinam Engineering Industries Private Limited, Samriddhi Commotrade Llp, Jj Real Estate Investment Advisors Llp
Director 03 Nov 2018 7 Years 8 Months Current
Yatish Chandrakant Parekh Director 29 May 2017 9 Years 1 Months Current
Himanshu Khushalbhai Patel
Also directs: Thaletec Llp, Yashashvi Rasayan Private Limited, Kinam Engineering Industries Private Limited and 5 more
Managing Director 31 Dec 2016 9 Years 6 Months Current
Vijayanti Punjabi
Also directs: Kinam Engineering Industries Private Limited
Director 31 Dec 2016 9 Years 6 Months Current
Harsh Himanshubhai Patel
Also directs: Yash Speciality Chemicals Llp, Thaletec Llp, Yashashvi Rasayan Private Limited and 3 more
Whole-Time Director 31 Dec 2016 9 Years 6 Months Current
Aalap Nileshbhai Patel
Also directs: Thaletec Llp, Kinam Engineering Industries Private Limited, Hle Engineers Private Limited and 1 more
Whole-Time Director 31 Dec 2016 9 Years 6 Months Current
Showing 6 of 10 current directors. View all directors

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. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue · FY 2026
₹1,352.98 Cr ▲ 31.67%
Profit · FY 2026
₹56.57 Cr ▼ 8.42%
EBITDA · FY 2026
₹148.53 Cr ▲ 5.39%
Revenue₹ Cr · Consolidated05001,0001,500FY 2023: ₹932 Cr932FY 2023FY 2024: ₹968 Cr · +3.9% YoY968+3.9%FY 2024FY 2025: ₹1,028 Cr · +6.2% YoY1,028+6.2%FY 2025FY 2026: ₹1,353 Cr · +31.7% YoY1,353+31.7%FY 2026
Net Profit₹ Cr · Consolidated0255075FY 2023: ₹70 Cr69.8FY 2023FY 2024: ₹41 Cr · -41.4% YoY40.9-41.4%FY 2024FY 2025: ₹62 Cr · +51.1% YoY61.8+51.1%FY 2025FY 2026: ₹57 Cr · -8.4% YoY56.6-8.4%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year0250500750Q1'25: ₹227 Cr · +15.2% YoY227+15.2%Q1'25Q2'25: ₹236 Cr · +5.1% YoY236+5.1%Q2'25Q3'25: ₹231 Cr · -3.5% YoY231-3.5%Q3'25Q4'25: ₹334 Cr · +8.7% YoY334+8.7%Q4'25Q1'26: ₹284 Cr · +25% YoY284+25%Q1'26Q2'26: ₹635 Cr · +169.2% YoY635+169.2%Q2'26Q3'26: ₹327 Cr · +41.4% YoY327+41.4%Q3'26Q4'26: ₹392 Cr · +17.4% YoY392+17.4%Q4'26
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
Latest 12 quarters shown of 14 on record.
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
Latest 12 quarters shown of 14 on record.
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 - -
Want more history and ratios?
You're viewing the latest exchange-filed financials for Hle Glascoat Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
10+ years of history 20+ ratios & benchmarks Downloadable PDF

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.

DirectorPositionOn board sinceListed 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
Board Committees
CommitteeMembers
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

Open charges
₹874.94 Cr
Satisfied charges
₹253.88 Cr
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 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 ₹22.41 Lakh Open

Total charge records: 34 View all charges

Employees and EPFO Compliance at Hle Glascoat Limited

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2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Hle Glascoat Limited

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Hle Glascoat Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Hle Glascoat Limited

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GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Hle Glascoat Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Hle Glascoat Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Hle Glascoat Limited

MSME Payment Delays by Hle Glascoat Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Hle Glascoat Limited

Subsidiaries & Group Companies of Hle Glascoat Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Hle Glascoat Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Hle Glascoat Limited

MCA Filings & Documents of Hle Glascoat Limited

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Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Hle Glascoat Limited

Charges
09 Sep 2025
A charge with Hdfc Bank Limited amounted to Rs. 0.29 Cr with Charge ID 101152659 was registered on 09 Sep 2025.
Charges
26 Aug 2025
A charge with Others of Rs. 97.40 Cr registered on 24 Feb 2025 with Charge ID 101080689 was modified on 26 Aug 2025.
Charges
24 Feb 2025
A charge with Others amounted to Rs. 97.40 Cr with Charge ID 101080689 was registered on 24 Feb 2025.
Charges
05 Nov 2024
A charge registered on 28 Sep 2005 via Charge ID 90096996 with State Bank Of India was fully satisfied on 05 Nov 2024.
Charges
05 Nov 2024
A charge registered on 23 Jul 2005 via Charge ID 90100079 with State Bank Of India was fully satisfied on 05 Nov 2024.
Activity
26 Sep 2024
Hle Glascoat Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

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 ₹1,034.95 Cr for FY 2025 (up 6.00% YoY).

The current directors of Hle Glascoat Limited are:

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.

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