Hle Glascoat Ltd vs Stovec Industries Ltd Stock Comparison

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Last Updated on: Jun 15, 2026

Key Highlights

The Latest Trading Price of HLE Glascoat Ltd is ₹ 381.85 as of 12 Jun 15:30 . The 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 yearsThe P/E Ratio of Stovec Industries Ltd changed from 0 on March 2021 to 0 on March 2025 . This represents a CAGR of 0.0% over 5 years The 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 yearsThe Market Cap of Stovec Industries Ltd changed from ₹ 0 crore on March 2021 to ₹ 0 crore on March 2025 . This represents a CAGR of 0.0% over 5 years 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 revenue of Stovec Industries Ltd for the Mar '26 is ₹ 0 crore as compare to the Dec '25 revenue of ₹ 0 crore. This represent the decline of 0% 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 ebitda of Stovec Industries Ltd for the Mar '26 is ₹ 0 crore as compare to the Dec '25 ebitda of ₹ 0 crore. This represent the decline of 0% 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 net profit of Stovec Industries Ltd changed from ₹ 0 crore to ₹ 0 crore over 8 quarters. This represents a CAGR of 0.0% The dividend payout of HLE Glascoat Ltd changed from 9.99 % to 45.81 % over 5 quarters. This represents a CAGR of 238.16% The dividend payout of Stovec Industries Ltd changed from 40.19 % to 0 % over 10 quarters. This represents a CAGR of -100.00% .

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.

About Stovec Industries Ltd

Stovec Industries Limited was originally incorporated as 'Stovec Screens (India) Limited' on June 5, 1972.
The Company acquired the present name on August 12, 1988.
SIL was promoted by ATE Enterprises Pvt.
Ltd. Atul Sugar Screens Private Limited (ASSPL) is a wholly owned subsidiary of the Company.
Stovec Industries is a Technology and Market leader in Rotary Screens and Printing Machines.

FAQs for the comparison of HLE Glascoat Ltd and Stovec Industries Ltd

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

Market cap of HLE Glascoat Ltd is 2,652 Cr while Market cap of Stovec Industries Ltd is 337 Cr

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

The stock performance of HLE Glascoat Ltd and Stovec Industries 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 HLE Glascoat Ltd and Stovec Industries Ltd?

As of June 15, 2026, the HLE Glascoat Ltd stock price is INR ₹381.85. On the other hand, Stovec Industries Ltd stock price is INR ₹1612.95.

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

To compare the dividend payouts of HLE Glascoat Ltd and Stovec Industries 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.