Is HLE Glascoat a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that HLE Glascoat Ltd is a good quality company .

Is HLE Glascoat undervalued or overvalued?

The key valuation ratios of HLE Glascoat Ltd's currently when compared to its past seem to suggest it is in the Fair zone .

What is HLE Glascoat share price return in the past 10 years?

HLE Glascoat Ltd share price has appreciated 34.9% annually (CAGR) over the past ten years.

Is HLE Glascoat a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of HLE Glascoat Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

HLE Glascoat Ltd - Stock Valuation and Financial Performance

Name: HLE Glascoat
Brand: HLE Glascoat

BSE: 522215 | NSE: HLEGLAS | Engineering - Industrial Equipments | Small Cap

Place order

HLE Glascoat Share Price

₹399.90 -0.15 -0.04%
as on 11-Dec'24 16:59

10 Year X-Ray of HLE Glascoat:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	0%	0%	0%	0%	27.3%	42.1%	41.9%	29.3%	24.2%	14.1%	-
Value Creation Index ⓘ	NA	NA	NA	NA	1.0	2.0	2.0	1.2	0.7	0.0	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	0	0	0	0	359	426	442	644	923	960	1,009
Sales YoY Gr.	-	NA	NA	NA	NA	18.7%	3.7%	45.7%	43.3%	4%	-
Adj EPS ⓘ	0	0	0	0	5.5	5.9	7.9	9.6	10.2	5.8	4.3
YoY Gr.	-	NA	NA	NA	NA	8.8%	32.7%	21.5%	6.3%	-42.5%	-
BVPS (₹) ⓘ	0	0	0	0	9.3	11.5	17.3	37	47.8	61	63.2
Adj Net Profit ⓘ	0	0	0	0	17.7	38.3	51.4	65.3	69.4	39.8	29
Cash Flow from Ops. ⓘ	0	0	0	0	48.6	44.7	48.2	1.1	4.9	94.3	-
Debt/CF from Ops. ⓘ	0	0	0	0	2.4	2.2	1.9	197	50.7	3.8	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	NA	21.7%	29.5%	4%
Adj EPS ⓘ	NA	1.4%	-9.5%	-42.5%
BVPSⓘ	NA	45.6%	52.2%	27.8%
Share Price	34.9%	40.5%	-30.7%	-24.8%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	43	65.4	48.8	33.6	23.9	10.7	6.9
Op. Profit Mgn % ⓘ	13	17.1	20.5	17.6	15.2	12.8	11.6
Net Profit Mgn % ⓘ	5.1	9.2	11.9	10.1	7.5	5.3	2.9
Debt to Equity ⓘ	3.8	1.3	0.8	0.8	0.8	0.9	0.3
Working Cap Days ⓘ	0	174	188	192	198	219	101
Cash Conv. Cycle ⓘ	0	96	106	124	133	151	19

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 29.50%

Debt to equity has declined versus last 3 years average to 0.87

Return on Equity has declined versus last 3 years average to 6.80%

Net Profit has been subdued in last 3 years -9.47%

Sales growth is not so good in last 4 quarters at 8.70%

Latest Financials - HLE Glascoat Ltd.

	Standalone	Consolidated
TTM EPS (₹)	2.1	4.3
TTM Sales (₹ Cr.)	533	1,009
BVPS (₹.) ⓘ	50	63.2
Reserves (₹ Cr.) ⓘ	335	418
P/BV ⓘ	7.99	6.33
PE ⓘ	191.15	94.05

From the Market
52 Week Low / High (₹)	350.05 / 581.95
All Time Low / High (₹)	1.50 / 1509.80
Market Cap (₹ Cr.)	2,730
Equity (₹ Cr.)	13.7
Face Value (₹)	2
Industry PE ⓘ	63

Management X-Ray of HLE Glascoat:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of HLE Glascoat

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

This is a premium feature, Please click here to check our solutions.

Key Ratios of HLE Glascoat

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	359	426	442	644	923	960
Operating Expenses ⓘ	313	354	354	531	783	842
Manufacturing Costs	67	85	49	106	133	141
Material Costs	196	212	237	318	429	440
Employee Cost	27	32	36	67	147	177
Other Costs ⓘ	23	25	32	40	75	84
Operating Profit ⓘ	46	73	88	113	140	117
Operating Profit Margin (%)	12.9%	17.0%	20.0%	17.5%	15.1%	12.2%
Other Income ⓘ	3	5	3	7	8	9
Interest ⓘ	15	13	11	14	25	33
Depreciation ⓘ	7	7	7	10	22	26
Exceptional Items ⓘ	0	0	0	-9	0	-5
Profit Before Tax ⓘ	28	57	74	87	100	62
Tax ⓘ	9	17	23	26	30	18
Profit After Tax	19	39	51	61	71	45
PAT Margin (%)	5.2%	9.2%	11.6%	9.4%	7.7%	4.6%
Adjusted EPS (₹)	5.5	5.9	8.0	8.5	10.2	4.4
Dividend Payout Ratio (%)	0%	15%	10%	12%	11%	25%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	30	76	115	254	327	417
Share Capital ⓘ	7	15	15	15	14	14
Reserves ⓘ	24	61	100	239	312	403
Minority Interest	1	1	0	0	0	80
Debt	106	84	77	183	204	322
Long Term Debt	60	54	55	130	98	147
Short Term Debt	46	29	22	53	105	175
Trade Payables	64	75	72	131	115	111
Others Liabilities ⓘ	92	99	113	191	249	272
Total Liabilities ⓘ	294	335	377	759	894	1,202
Fixed Assets
Gross Block	100	116	144	310	403	656
Accumulated Depreciation	16	22	25	67	86	115
Net Fixed Assetsⓘ	85	94	119	244	317	542
CWIP ⓘ	4	10	3	31	3	19
Investmentsⓘ	0	0	0	0	0	0
Inventories	131	153	148	268	268	312
Trade Receivables	33	44	69	148	243	237
Cash Equivalents	18	10	21	39	16	45
Others Assetsⓘ	22	24	18	29	47	46
Total Assets ⓘ	294	335	377	759	894	1,202

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	49	45	48	1	5	94
PBT ⓘ	28	57	77	84	99	59
Adjustment ⓘ	20	18	19	22	45	62
Changes in Working Capital ⓘ	8	-17	-27	-72	-106	-1
Tax Paid ⓘ	-7	-13	-21	-33	-33	-26
Cash Flow From Investing Activity ⓘ	-15	-19	-29	-173	-40	-45
Capex	-16	-23	-29	-68	-41	-55
Net Investments	0	3	-1	7	0	9
Others ⓘ	1	1	1	-112	0	1
Cash Flow From Financing Activityⓘ	-29	-30	-10	160	13	-18
Net Proceeds from Shares ⓘ	0	0	40	67	7	-79
Net Proceeds from Borrowing ⓘ	9	8	0	98	4	93
Interest Paid ⓘ	-14	-8	-7	-11	-18	-21
Dividend Paid ⓘ	-1	-3	-3	-5	-7	-8
Others ⓘ	-23	-27	-40	11	28	-4
Net Cash Flow ⓘ	5	-5	9	-12	-22	31

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	61.23	75.1	54.6	33.19	24.49	11.99
ROCE (%)	27.32	42.13	41.93	29.26	24.22	14.07
Asset Turnover Ratio	1.22	1.36	1.24	1.13	1.12	0.92
PAT to CFO Conversion(x)	2.58	1.15	0.94	0.02	0.07	2.09
Working Capital Days
Receivable Days	34	33	47	62	77	91
Inventory Days	133	122	124	118	106	110
Payable Days	98	98	94	88	88	93

HLE Glascoat Ltd Stock News

HLE Glascoat Ltd FAQs

What is the share price of HLE Glascoat?

Company share prices are keep on changing according to the market conditions. The closing price of HLE Glascoat on 11-Dec-2024 16:59 is ₹399.9.

What is the market cap of HLE Glascoat?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 11-Dec-2024 16:59 the market cap of HLE Glascoat stood at ₹2,729.9.

What is the P/E ratio of HLE Glascoat?

The latest P/E ratio of HLE Glascoat as of 11-Dec-2024 16:59 is 191.2.

What is the P/B ratio of HLE Glascoat?

The latest P/B ratio of HLE Glascoat as of 11-Dec-2024 16:59 is 7.99.

What is the 52-week high and low of HLE Glascoat?

The 52-week high of HLE Glascoat is ₹582.0 and the 52-week low is ₹350.1.

What is the TTM revenue of HLE Glascoat?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of HLE Glascoat is ₹533.2 ( Cr.) .

About HLE Glascoat Ltd

Swiss Glascoat Equipments Ltd was incorporated on August 26, 1991 under the name of Shri Glassteel Equipments Limited. Subsequently the name of the company was changed to Swiss Glasscoat Equipment Limited on March 3,1992 and certificate of commencment of businss was obtained on March 5,1992.

Swiss Glascoat Equipments is a company engaged in the manufacture of glass lined equipment and spares. Their objective is to ensure a corrosion-free technosphere under the sun. As an organisation, they are engaged in fighting against the evil forces of corrosion and protect your machinery and balance sheet both in a very unprecedented manner.

In a very short span of its existence, they've showcased the true spirit of a Spartan by accomplishing many projects of varied nature. Today, they've emerged as a front-runner of domestic glasslining fraternity with the help of their trend-setting products and services by catering to industries as diverse as from dyes to pigments; from pharmaceuticals to food processing from chemicals to pesticides; from intermediates to resins or any other conceivable corrosion-prone areas in chemical processing industry.

Their mission is to create, sustain and enhance a powerful platform with a Total Qualitative Approach, where the fusion between demand and supply can happen in a systematic way, thanks to their ability to integrate people, products and practices.

Glascoat has embarked upon the technological drive to synthesize the best of engineering practices and technological advancements to come up with the superior quality solutions in the glasslined products. They started their sprint to success by launching two 6300 litre reactors with all the contemporary features included in the very first year.

By consolidating quality, performance, engineering design, service and much more, Glascoat has today established itself as an OPSP (One-Point-Solution-Provider) for glasslined products of any type, size or output plus a complete range of accessories.

Product range of the company includes:

The Glascoat product range consists of both ready-made (for standard requirement) and custom-built (for unique requirement) equipment and accessories of versatile nature.

Glass Lined Reactors