HLE Glascoat Ltd Stock Analysis

BSE: 522215 | NSE: HLEGLAS | Engineering - Industrial Equipments | Small Cap

BSE Share Price 01-Dec-2022 18:01
640.25 3.35 (0.53%)

DeciZen - Make an Informed Decision on HLE Glascoat

Overall Rating

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

HLE Glascoat Price Chart

P/E Ratio (CD) :
66.28
Market Cap :
4,370.7 Cr.
52-wk low :
601
52-wk high :
1,344
Bole Toh?

1. Is HLE Glascoat Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that HLE Glascoat Ltd is a good quality company.

2. Is HLE Glascoat Ltd undervalued or overvalued?

The key valuation ratios of HLE Glascoat Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is HLE Glascoat Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of HLE Glascoat Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of HLE Glascoat:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
HLE Glascoat Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 0%0%0%0%0%0%18%28.5%30.1%21.1%-
Value Creation Index NANANANANANA0.31.01.20.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 000000359426484652823
YoY Gr. Rt. %-NANANANANANA18.7%13.6%34.6%-
Adj EPS 0000005.55.98.29.29.6
YoY Gr. Rt. %-NANANANANANA8.8%38.5%12.1%-
BVPS (₹) 0000009.311.517.33740.4
Adj Net Profit 00000017.738.353.762.866
Cash Flow from Ops. 00000048.644.748.210.3-
Debt/CF from Ops. 0000002.42.21.920.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANA22%34.6%
Adj EPS NANA19.1%12.1%
BVPS 0058.4113.6
Share Price 53.8% 79.9% 101.7% -47.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 0000004365.450.932.424.9
Op. Profit Mgn % 0000001317.119.61715.4
Net Profit Mgn % 0000005.19.211.39.68
Debt to Equity 0000003.81.30.80.80.4
Working Cap Days 0000000175171190197
Cash Conv. Cycle 0000000969812259

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 21.98%

Net Profit is growing at healthy rate in last 3 years 19.07%

Debt to equity has declined versus last 3 years average to 0.82

Sales growth is good in last 4 quarters at 55.99%

Return on Equity has declined versus last 3 years average to 24.90%

Latest Financials - HLE Glascoat Ltd.

Standalone Consolidated
TTM EPS (₹) 8.6 9.6
TTM Sales (₹ Cr.) 574 823
BVPS (₹.) 43.7 40.4
Reserves (₹ Cr.) 285 262
P/BV 14.65 15.81
PE 74.86 66.28
From the Market
52 Week Low / High (₹) 601.00 / 1344.00
All Time Low / High (₹) 1.50 / 1509.80
Market Cap (₹ Cr.) 4,371
Equity (₹ Cr.) 13.7
Face Value (₹) 2
Industry PE 22

Management X-Ray of HLE Glascoat :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of HLE Glascoat

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

HLE Glascoat Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of HLE Glascoat on 01-Dec-2022 18:01 is : 640.2.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Dec-2022 18:01 the market cap of HLE Glascoat stood at ₹ 4,370.7.
The latest PE ratio of HLE Glascoat as of 01-Dec-2022 18:01 is 74.86.
The latest PB ratio of HLE Glascoat as of 01-Dec-2022 18:01 is 14.65
The 52-week high of HLE Glascoat is ₹ 1,344 and the 52-week low is ₹ 601.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of HLE Glascoat is ₹ 574.0 ( Cr.) .

About HLE Glascoat Ltd

Swiss Glascoat Equipments Ltd was incorporated on August 26, 1991 under the name of Shri Glassteel Equipments Limited. Subsequently the name of the company was changed to Swiss Glasscoat Equipment Limited on March 3,1992 and certificate of commencment of businss was obtained on March 5,1992.

Swiss Glascoat Equipments is a company engaged in the manufacture of glass lined equipment and spares. Their objective is to ensure a corrosion-free technosphere under the sun. As an organisation, they are engaged in fighting against the evil forces of corrosion and protect your machinery and balance sheet both in a very unprecedented manner.

In a very short span of its existence, they've showcased the true spirit of a Spartan by accomplishing many projects of varied nature. Today, they've emerged as a front-runner of domestic glasslining fraternity with the help of their trend-setting products and services by catering to industries as diverse as from dyes to pigments; from pharmaceuticals to food processing from chemicals to pesticides; from intermediates to resins or any other conceivable corrosion-prone areas in chemical processing industry.

Their mission is to create, sustain and enhance a powerful platform with a Total Qualitative Approach, where the fusion between demand and supply can happen in a systematic way, thanks to their ability to integrate people, products and practices.

Glascoat has embarked upon the technological drive to synthesize the best of engineering practices and technological advancements to come up with the superior quality solutions in the glasslined products. They started their sprint to success by launching two 6300 litre reactors with all the contemporary features included in the very first year.

By consolidating quality, performance, engineering design, service and much more, Glascoat has today established itself as an OPSP (One-Point-Solution-Provider) for glasslined products of any type, size or output plus a complete range of accessories.

Product range of the company includes:

The Glascoat product range consists of both ready-made (for standard requirement) and custom-built (for unique requirement) equipment and accessories of versatile nature.

Glass Lined Reactors

  • AE Type
  • CE Type
  • Agitation
  • Stainless Steel GLRs
  • GMP Model Reactors

Storage Tanks

  • Vertical Type
  • Horizontal Type

Condensors

  • Shell & Shell Type
  • Plate Type

ColumnsRotary Vaccum Dryers

  • Agitated Nutche Filters

Other products

  • Glass Lined Flush Bottom Outlet Valve
  • Bellows- Sealed Valve
  • Glass Lined Diaphragm Valve
  • GL Pipes & Fittings
  • Flanged Pipe
  • Flanged Elbows 45
  • Flanged Elbows 90
  • Flanged Crosses
  • Flanged T- Pieces
  • Flanged Crosses with reduced connection
  • Flanged T- Pieces with reduced connection
  • Reducing Flanges
  • Reducer

Achievements/ recognition:

  • BS EN ISO 9001:1994
  • IS / ISO 9001:1994
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