No results for ‘’
HLE Glascoat Ltd
NSE: HLEGLAS BSE: 522215
₹375
(0.90%)
Mon, 22 Jun 2026, 06:42 pm
Market Cap (in Cr)2621.22
PE Ratio53.99
Dividend0.29
- Overview
- Analysis
- Financials
- Ratios
- shareholding
- Technical Analysis
- Corporate Actions
- Peer Comparison
- About
- Company History
- Deals
- News
HLE Glascoat Analysis
dividend
Pros
Cons
- HLE Glascoat is not paying a notable dividend for India, therefore no need to check if the payments are increasing.
- No need to calculate the sustainability of HLE Glascoat's dividends as it is not paying a notable one for India.
- HLE Glascoat is not paying a notable dividend for India, therefore no need to check if the payments are stable.
- HLE Glascoat's pays a lower dividend yield than the bottom 25% of dividend payers in India (0.76%).
- HLE Glascoat's dividend is below the markets top 25% of dividend payers in India (3.08%).
health
Pros
- HLE Glascoat is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- HLE Glascoat is profitable, therefore cash runway is not a concern.
- HLE Glascoat is profitable, therefore cash runway is not a concern.
- Debt is covered by short term assets, assets are 6x debt.
- HLE Glascoat's cash and other short term assets cover its long term commitments.
- The level of debt compared to net worth has been reduced over the past 5 years (71.2% vs 26.4% today).
- HLE Glascoat earns more interest than it pays, coverage of interest payments is not a concern.
- HLE Glascoat's level of debt (26.4%) compared to net worth is satisfactory (less than 40%).
Cons
- Debt is not well covered by operating cash flow (1.5%, less than 20% of total debt).
- High level of physical assets or inventory.
management
Pros
- The tenure for the HLE Glascoat board of directors is about average.
- Himanshu's remuneration is lower than average for companies of similar size in India.
- Himanshu's compensation has been consistent with company performance over the past year, both up more than 20%.
Cons
- The average tenure for the HLE Glascoat management team is less than 2 years, this suggests a new team.
misc
Pros
Cons
- HLE Glascoat is not covered by any analysts.
- HLE Glascoat has significant price volatility in the past 3 months.
past
Pros
- HLE Glascoat's 1-year earnings growth exceeds its 5-year average (275.7% vs 32.3%)
- HLE Glascoat has delivered over 20% year on year earnings growth in the past 5 years.
- HLE Glascoat used its assets more efficiently than the IN Machinery industry average last year based on Return on Assets.
- HLE Glascoat has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
- HLE Glascoat made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%).
- HLE Glascoat's earnings growth has exceeded the IN Machinery industry average in the past year (275.7% vs -7.2%).
Cons
value
Pros
- 522215 outperformed the Machinery industry which returned -23.7% over the past year.
- 522215 outperformed the Market in India which returned -14.5% over the past year.
- BSE:522215 is up 34.3% outperforming the Machinery industry which returned 8.3% over the past month.
- BSE:522215 is up 34.3% outperforming the market in India which returned 8% over the past month.
Cons
- HLE Glascoat's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
- HLE Glascoat's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
- HLE Glascoat is overvalued based on assets compared to the IN Machinery industry average.
- HLE Glascoat is overvalued based on earnings compared to the IN Machinery industry average.
- HLE Glascoat is overvalued based on earnings compared to the India market.