HLE Glascoat Ltd Quarterly Results: Standalone & Consolidated Reports

Quarterly Results

Results Snapshot

YoYQoQ

Figures in Cr

Consolidate Quarterly Results

Mar'26

Dec'25

Sep'25

Jun'25

Mar'25

Dec'24

Sep'24

Net Sales

391.69

326.57

350.78

283.95

333.71

231.03

235.78

Other Operating Income

0.00

Total Operating income

391.69

326.57

350.78

283.95

333.71

231.03

235.78

Raw Material Cost

162.36

137.95

167.62

134.18

154.54

132.65

109.85

Purchase of Finished goods

0.00

1.38

0.00

(Increase) / Decrease In Stocks

18.25

13.13

5.07

-6.06

4.54

-36.92

-15.21

Employee Cost

74.12

65.11

61.68

52.30

56.37

47.06

47.42

Power Cost

12.97

12.79

12.11

10.26

10.52

11.77

9.81

Manufacturing Expenses

28.61

28.70

26.32

21.79

22.25

16.03

17.88

Selling and Distribution Expenses

0.00

Other Expenses

52.55

47.79

39.75

33.88

32.11

34.80

31.93

Total Expenditure (Excl Depreciation)

348.86

305.47

312.55

246.35

281.71

205.39

201.68

Operating Profit (PBDIT) excl Other Income

42.83

21.10

38.23

37.60

52.00

25.64

34.10

Other Income

1.11

3.49

1.93

2.25

1.93

1.39

Operating Profit (PBDIT)

43.94

24.59

40.16

39.85

54.25

27.57

35.49

Interest

8.66

7.86

9.33

8.60

9.32

8.78

8.65

Exceptional Items

-0.43

-3.18

-3.08

0.00

Gross Profit (PBDT)

34.85

13.55

27.75

31.25

44.93

18.79

26.84

Depreciation

9.60

9.90

8.60

8.36

7.73

7.38

7.30

Profit Before Tax

25.25

3.65

19.16

22.89

37.20

11.41

19.53

Tax

5.10

-0.95

5.20

5.03

5.56

1.12

5.11

Provisions and contingencies

0.00

Profit After Tax

20.14

4.60

13.96

17.87

31.64

10.28

14.42

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

20.14

4.60

13.96

17.87

31.64

10.28

14.42

Share in Profit of Associates

0.00

Minority Interest

1.96

1.77

1.97

3.10

11.30

1.79

1.73

Other related items

0.00

Consolidated Net Profit

18.19

2.83

11.99

14.76

20.34

8.49

12.69

Equity Capital

13.89

13.65

Face Value

2.0

Reserves

0.00

Earnings per share (EPS)

2.62

0.41

1.73

2.16

2.98

1.24

1.86

Diluted Earnings per share

2.65

0.41

1.76

2.62

4.64

1.51

2.11

Operating Profit Margin (Excl OI)

10.93%

6.46%

10.9%

13.24%

15.58%

11.1%

14.46%

Gross Profit Margin

8.9%

4.15%

7.91%

11.01%

13.46%

8.13%

11.38%

PAT Margin

5.14%

1.41%

3.98%

6.29%

9.48%

4.45%

6.12%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Quarterly Analysis Highlights - QoQ

Net Sales

QoQ Growth in quarter ended Mar 2026 is 19.94% vs -6.90% in Dec 2025

Consolidate Net Profit

QoQ Growth in quarter ended Mar 2026 is 542.76% vs -76.40% in Dec 2025

Operating Profit (PBDIT) excl Other Income

QoQ Growth in quarter ended Mar 2026 is 102.99% vs -44.81% in Dec 2025

Interest

QoQ Growth in quarter ended Mar 2026 is 10.18% vs -15.76% in Dec 2025

Operating Profit Margin (Excl OI)

QoQ Growth in quarter ended Mar 2026 has improved from Dec 2025

Compare Quarterly Results Of HLE Glascoat With

Select Peers

Figures in Cr

Consolidate Quarterly Results

Change(INR)

Change(%)

Net Sales

391.69

338.44

53.25

15.73%

Other Operating Income

0.00

Total Operating income

391.69

338.44

53.25

15.73%

Raw Material Cost

162.36

0.00

162.36

Purchase of Finished goods

0.00

172.53

-172.53

-100.00%

(Increase) / Decrease In Stocks

18.25

4.74

13.51

285.02%

Employee Cost

74.12

22.05

52.07

236.15%

Power Cost

12.97

0.00

12.97

Manufacturing Expenses

28.61

80.69

-52.08

-64.54%

Selling and Distribution Expenses

0.00

Other Expenses

52.55

12.25

40.30

328.98%

Total Expenditure (Excl Depreciation)

348.86

292.26

56.60

19.37%

Operating Profit (PBDIT) excl Other Income

42.83

46.18

-3.35

-7.25%

Other Income

1.11

6.14

-5.03

-81.92%

Operating Profit (PBDIT)

43.94

52.32

-8.38

-16.02%

Interest

8.66

6.66

2.00

30.03%

Exceptional Items

-0.43

0.00

-0.43

Gross Profit (PBDT)

34.85

45.66

-10.81

-23.67%

Depreciation

9.60

3.01

6.59

218.94%

Profit Before Tax

25.25

42.65

-17.40

-40.80%

Tax

5.10

9.61

-4.51

-46.93%

Provisions and contingencies

0.00

Profit After Tax

20.14

33.04

-12.90

-39.04%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

20.14

33.04

-12.90

-39.04%

Share in Profit of Associates

0.00

Minority Interest

1.96

0.39

1.57

402.56%

Other related items

0.00

Consolidated Net Profit

18.19

32.65

-14.46

-44.29%

Equity Capital

13.89

11.19

2.70

24.13%

Face Value

2.00

0.00

Reserves

0.00

Earnings per share (EPS)

2.62

5.84

-3.22

-55.14%

Diluted Earnings per share

2.65

5.84

-3.19

-54.62%

Operating Profit Margin (Excl OI)

10.93%

13.64%

0.00

-2.71%

Gross Profit Margin

8.90%

13.49%

0.00

-4.59%

PAT Margin

5.14%

9.76%

0.00

-4.62%

Public Share Holdings (%)

0.00%

0.00

0.00%

Pledged Promotor Holding (%)

0.00%

0.00

0.00%

Quarterly - Net Sales

Net Sales 391.69 Cr

in Mar 2026

Figures in Cr

QoQ Growth in quarter ended Mar 2026 is 19.94% vs -6.90% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 17.37% vs 8.74% in Mar 2025

Quarterly - Consolidate Net Profit

Consolidate Net Profit 18.19 Cr

in Mar 2026

Figures in Cr

QoQ Growth in quarter ended Mar 2026 is 542.76% vs -76.40% in Dec 2025

YoY Growth in quarter ended Mar 2026 is -10.57% vs 104.83% in Mar 2025

Quarterly - Operating Profit (PBDIT)

Operating Profit (PBDIT) 42.83 Cr

in Mar 2026

Figures in Cr

QoQ Growth in quarter ended Mar 2026 is 102.99% vs -44.81% in Dec 2025

YoY Growth in quarter ended Mar 2026 is -17.63% vs 42.50% in Mar 2025

Quarterly - Interest

Interest 8.66 Cr

in Mar 2026

Figures in Cr

QoQ Growth in quarter ended Mar 2026 is 10.18% vs -15.76% in Dec 2025

YoY Growth in quarter ended Mar 2026 is -7.08% vs -9.86% in Mar 2025

Quarterly - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 10.93%

in Mar 2026

Figures in %

QoQ Growth in quarter ended Mar 2026 has improved from Dec 2025

YoY Growth in quarter ended Mar 2026 has fallen from Mar 2025