Is HLE Glascoat Ltd debt-free?

No, HLE Glascoat Ltd is not debt-free with a debt-to-equity ratio of 0.88.

Home

HLE Glascoat Ltd

HLE Glascoat Ltd Financials

HLE Glascoat Ltd Financial Statement

HLE Glascoat Ltd Income Statement

Quarterly

Annual

*All values are in Rs. Cr

Particulars	Mar 2025	Dec 2024	Sep 2024
Revenue	196.16	131.31	115.42
Operating Expense	168.88	118.81	103.82
Net Profit	13.59	1.31	0.05
Net Profit Margin	6.93	1.00	0.04
Earning Per Share	1.99	0.19	0.01
EBIDTA	26.92	12.05	10.85
Effective Tax Rate	10.56	TBA	TBA

Particulars	Mar 2025
Revenue	196.16
Operating Expense	168.88
Net Profit	13.59
Net Profit Margin	6.93
Earning Per Share	1.99
EBIDTA	26.92
Effective Tax Rate	10.56

HLE Glascoat Ltd Profit & Loss

*All values are in Rs. Cr

Standalone

Consolidated

Particulars	Mar 2024	Mar 2023	Mar 2022
Total Revenue Annual	590.71	649.44	508.49
Operating Expenses Annual	528.57	555.06	420.98
Operating Profit Annual	71.97	106.33	101.37
Interest Annual	26.64	21.55	11.31
Depreciation	12.51	11.16	7.87
Net Profit Annual	26.64	54.42	61.76
Tax Annual	4.72	17.79	19.20

Particulars	Mar 2024
Total Revenue Annual	590.71
Operating Expenses Annual	528.57
Operating Profit Annual	71.97
Interest Annual	26.64
Depreciation	12.51
Net Profit Annual	26.64
Tax Annual	4.72

HLE Glascoat Ltd Cash Flow

*All values are in Rs. Cr

Standalone

Consolidated

Particulars	Mar 2024	Mar 2023	Mar 2022
Cash Flow at the Beginning	0.04	0.13	10.39
Cash Flow from Operations	48.31	12.60	19.15
Cash Flow from Investing	-108.40	-19.11	-183.54
Cash Flow from Financing	63.53	6.42	154.13
Cash Flow at the End	3.47	0.04	0.13

Particulars	Mar 2024
Cash Flow at the Beginning	0.04
Cash Flow from Operations	48.31
Cash Flow from Investing	-108.40
Cash Flow from Financing	63.53
Cash Flow at the End	3.47

HLE Glascoat Ltd Key Ratios

*All values are in Rs. Cr

Standalone

Consolidated

Particulars	Mar 2024	Mar 2023	Mar 2022
PBDIT Margin (%)	13.74	16.60	20.23
PBIT Margin (%)	11.37	14.66	18.44
PBT Margin (%)	10.97	14.02	17.00
Net PROFIT Margin (%)	4.51	8.38	12.15
Return On Networth / Equity (%)	9.54	17.89	27.87
Return On Networth /Employed (%)	10.34	17.61	25.17
Return On Assets (%)	4.10	10.06	16.64
Total Debt / Equity (X)	0.85	0.68	0.56
Asset Turnover Ratio (%)	0.91	1.20	1.37

Particulars	Mar 2024
PBDIT Margin (%)	13.74
PBIT Margin (%)	11.37
PBT Margin (%)	10.97
Net PROFIT Margin (%)	4.51
Return On Networth / Equity (%)	9.54
Return On Networth /Employed (%)	10.34
Return On Assets (%)	4.10
Total Debt / Equity (X)	0.85
Asset Turnover Ratio (%)	0.91

HLE Glascoat Ltd Balance Sheet

*All values are in Rs. Cr

Standalone

Consolidated

Particulars	Mar 2024	Mar 2023	Mar 2022
Fixed Assets Annual	231.01	226.12	149.35
Total Current Assets Annual	361.48	390.17	309.90
Non Current Assets Annual	491.71	387.33	341.60
Total Shareholders Funds Annual	347.73	328.93	281.32
Total Assets Annual	853.19	777.50	651.50

Particulars	Mar 2024
Fixed Assets Annual	231.01
Total Current Assets Annual	361.48
Non Current Assets Annual	491.71
Total Shareholders Funds Annual	347.73
Total Assets Annual	853.19

HLE Glascoat Ltd Earning Calls

EPS (INR)

Expected

2.98

Reported

4.64

Surprise

55.70%

Dec 2024

EPS beaten by 55.70%

Sep 2024

EPS beaten by 21.77%

Jun 2024

EPS beaten by 13.44%

Dividend Pages

PE Ratio

FAQS on HLE Glascoat Ltd Financials

As of May 28, 2025, HLE Glascoat Ltd has a market capitalization of 1,704.25 Cr. Value Research classifies it as a Small-Cap company.

Yes, HLE Glascoat Ltd is not with a debt-to-equity ratio of 0.88.

In FY 2024 , HLE Glascoat Ltd recorded a total revenue of approximately 551.12 Cr marking a significant milestone in the company's financial performance.

HLE Glascoat Ltd's Future outlook anticipates robust growth, with forecasted earnings and revenue rising approximately -0.3% and -0.1% annually, respectively..

HLE Glascoat Ltd's current PE ratio is 103.98.

HLE Glascoat Ltd's ROCE averaged 10.7% from the FY ending March 2023 to 2025, with a median of 9.0%. It peaked at 15.8% in March 2023, reflecting strong capital efficiency over the period..

HLE Glascoat Ltd's latest EBIT is Rs. 49.29 Cr, surpassing the average EBIT of Rs. 67.02 Cr over the 5 years..