Bajaj Steel Industries Ltd vs Hle Glascoat Ltd Stock Comparison

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Last Updated on: May 18, 2026

Key Highlights

The Latest Trading Price of Bajaj Steel Industries Ltd is ₹ 400 as of 18 May 15:30 . The P/E Ratio of Bajaj Steel Industries Ltd changed from 3.4 on March 2021 to 17.4 on March 2025 . This represents a CAGR of 38.62% over 5 yearsThe P/E Ratio of HLE Glascoat Ltd changed from 56.8 on March 2021 to 36.5 on March 2025 . This represents a CAGR of -8.46% over 5 years The Market Cap of Bajaj Steel Industries Ltd changed from ₹ 223.26 crore on March 2021 to ₹ 1471 crore on March 2025 . This represents a CAGR of 45.80% over 5 yearsThe Market Cap of HLE Glascoat Ltd changed from ₹ 2971 crore on March 2021 to ₹ 1704 crore on March 2025 . This represents a CAGR of -10.52% over 5 years The revenue of Bajaj Steel Industries Ltd for the Mar '26 is ₹ 0 crore as compare to the Dec '25 revenue of ₹ 129.09 crore. This represent the decline of -100% The revenue of HLE Glascoat Ltd for the Mar '26 is ₹ 392.8 crore as compare to the Dec '25 revenue of ₹ 330.06 crore. This represent the growth of 19.01% The ebitda of Bajaj Steel Industries Ltd for the Mar '26 is ₹ 0 crore as compare to the Dec '25 ebitda of ₹ 13.13 crore. This represent the decline of -100% The ebitda of HLE Glascoat Ltd for the Mar '26 is ₹ 43.5 crore as compare to the Dec '25 ebitda of ₹ 21.41 crore. This represent the growth of 103.18% The net profit of Bajaj Steel Industries Ltd changed from ₹ 35.13 crore to ₹ 0 crore over 8 quarters. This represents a CAGR of -100.00% The net profit of HLE Glascoat Ltd changed from ₹ 5.42 crore to ₹ 20.14 crore over 8 quarters. This represents a CAGR of 92.77% The Dividend Payout of Bajaj Steel Industries Ltd changed from 2.65 % on March 2021 to 2.73 % on March 2025 . This represents a CAGR of 0.60% over 5 yearsThe Dividend Payout of HLE Glascoat Ltd changed from 9.99 % on March 2021 to 45.81 % on March 2025 . This represents a CAGR of 35.61% over 5 years .

About Bajaj Steel Industries Ltd

Bajaj Steel Industries Limited was incorporated on February 14, 1961 as a private limited Company.
It was promoted by Hargovind Bajaj.
They started into industrial activity as steel re-rollers.
In 1965, Company developed a double roller cotton gin for separating cotton from seed.
On October 4, 1985, Company was converted into a public limited company. Bajaj Steel Industries Limited, a significant part of Bajaj Group of Industries, is an India-based company.

About HLE Glascoat Ltd

HLE Glascoat Limited is one of the most renowned process equipment manufacturers for chemical and pharmaceutical sectors in India.
It is a part of the prestigious Patel Group of Companies, established by Late Dr. Khushalbhai H. Patel in 1951. HLE Glascoat Limited was initially incorporated on August 26, 1991 as 'Shri Glassteel Equipments Limited'.
The name of the Company was subsequently, changed to 'Swiss Glasscoat Equipment Limited' on March 03, 1992.
Thereafter, Company consolidated both these businesses, through a Demerger Scheme vide its Order dated 24th October, 2019 and finally, name of the Company was changed to 'HLE Glascoat Limited'.
The Company is engaged in manufacture and sale of Glass-Lined Equipment and Spares in India. The Company offer customers with a plethora of products, catering to needs for storage, reaction, heat transfer, distillation and solid-liquid separation in the chemical, pharmaceutical and allied industries.

FAQs for the comparison of Bajaj Steel Industries Ltd and HLE Glascoat Ltd

Which company has a larger market capitalization, Bajaj Steel Industries Ltd or HLE Glascoat Ltd?

Market cap of Bajaj Steel Industries Ltd is 832 Cr while Market cap of HLE Glascoat Ltd is 2,110 Cr

What are the key factors driving the stock performance of Bajaj Steel Industries Ltd and HLE Glascoat Ltd?

The stock performance of Bajaj Steel Industries Ltd and HLE Glascoat Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Bajaj Steel Industries Ltd and HLE Glascoat Ltd?

As of May 18, 2026, the Bajaj Steel Industries Ltd stock price is INR ₹400.0. On the other hand, HLE Glascoat Ltd stock price is INR ₹303.85.

How do dividend payouts of Bajaj Steel Industries Ltd and HLE Glascoat Ltd compare?

To compare the dividend payouts of Bajaj Steel Industries Ltd and HLE Glascoat Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.

Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.