HLE Glascoat Peer Comparison

NSE: HLEGLAS | BSE: 522215

₹441.10

₹12.35 (2.88%)

As on 25-Sep-2026IST

Market cap

₹3,066 Cr

Revenue (TTM)

₹1,370 Cr

P/E Ratio

85.7

P/B Ratio

5.7

Div. Yield

0.2 %

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	HLE Glascoat	Kirloskar Oil	Jyoti Cnc	Tega	Lloyds Eng Works
Market cap (₹ Cr)	3,066	31,090	24,236	15,704	15,278
Revenue (₹ Cr)	1,370	7,937	2,191	3,059	1,611
Net Profit (₹ Cr)	40.75	534.60	321.72	-6.53	193.81
Net Margin (%)	2.96	6.69	14.39	-0.21	11.64
RoE (%)	7.78	16.32	16.79	0.87	15.65
Price to Earnings	85.68	56.93	75.33	743.24	68.30
Price-To-Book	5.72	8.39	11.77	4.76	8.86

Income Statement (₹ Cr)

	HLE Glascoat	Kirloskar Oil	Jyoti Cnc	Tega	Lloyds Eng Works
Operating Revenue	1,369.78	7,936.74	2,191.43	3,059.29	1,233.59
Total Income	1,378.02	7,987.41	2,235.39	3,142.79	1,276.57
Total Expenditure	1,246.71	6,547.67	1,656.06	2,828.17	1,061.38
EBITDA	123.08	1,389.07	535.37	231.12	172.21
Depreciation	37.99	182.89	53.01	145.65	19.13
EBIT	85.09	1,206.18	482.36	85.46	153.08
Interest	34.21	499.37	82.00	133.13	12.06
Other Income	8.24	50.67	43.96	83.50	42.98
Exceptional Items	-6.69	-32.45	0.00	0.00	0.00
Profit before Tax	52.42	725.03	444.32	35.83	184.00
Provision for Tax	11.67	190.43	122.60	42.36	39.91
Profit after Tax	40.75	534.60	321.72	-6.53	144.09

	HLE Glascoat	Kirloskar Oil	Jyoti Cnc	Tega	Lloyds Eng Works
Shareholder's Funds	533.92	3,620.19	2,001.33	3,407.18	1,595.31
Minority Interest	-4.97	11.55	0.00	22.06	0.00
Non-Current Liabilities	159.82	3,377.71	435.62	186.06	64.92
Current Liabilities	603.73	3,899.60	1,178.38	721.27	363.67
Total Liabilities	1,367.94	10,845.90	3,615.33	4,309.94	--

	HLE Glascoat	Kirloskar Oil	Jyoti Cnc	Tega	Lloyds Eng Works
Non-Current Assets	611.39	5,062.29	847.95	675.20	462.14
Current Assets	716.07	5,428.11	2,657.87	3,400.92	1,388.20
Total Assets	1,367.94	10,845.90	3,615.33	4,309.94	--
Total Debt*	313.25	5,313.78	849.63	317.61	--
Net Current Assets	112.34	1,528.51	1,479.49	2,679.65	1,024.53
Contingent Liabilities	0.54	234.24	463.04	9.10	--

	HLE Glascoat	Kirloskar Oil	Jyoti Cnc	Tega	Lloyds Eng Works
Cash From Operating Activities	161.22	932.21	54.39	350.34	--
Cash Flow from Investing Activities	-85.91	-320.68	-302.05	-1,004.42	--
Cash from Financing Activities	-84.89	-588.96	287.15	1,689.91	--
Net Cash Inflow / Outflow	-9.58	22.57	39.49	1,035.83	--

	HLE Glascoat	Kirloskar Oil	Jyoti Cnc	Tega	Lloyds Eng Works
ROCE (%)	12.90	14.46	21.34	8.37	--
ROE (%)	7.78	16.32	16.79	0.87	10.48
ROA (%)	3.05	5.01	10.04	-0.20	9.90
EBIT Margin (%)	6.21	15.20	22.01	2.79	12.41
Net Margin (%)	2.96	6.69	14.39	-0.21	11.29
Cash Profit Margin (%)	0.00	0.00	0.00	0.00	0.00

	HLE Glascoat	Kirloskar Oil	Jyoti Cnc	Tega	Lloyds Eng Works
Revenue Growth (%)	26.31	22.88	17.44	84.88	55.31
EBIT Growth (%)	-28.23	15.98	5.61	-62.75	35.30
Net Profit Growth (%)	-45.08	18.37	-4.40	-103.36	49.92
EPS Growth (%)	-39.59	28.45	-4.40	-88.00	22.17
Book Value Growth (%)	11.74	17.20	18.69	143.95	--

	HLE Glascoat	Kirloskar Oil	Jyoti Cnc	Tega	Lloyds Eng Works
Price / Earnings	75.73	54.41	75.33	583.09	101.01
Price / Book Value	5.72	8.39	11.77	4.76	9.33
Dividend Yield (%)	0.25	0.33	0.00	0.10	0.25
EV/EBITDA	26.98	25.07	46.60	59.28	86.61
Market Cap (₹ Cr)	1,741.28	19,284.87	16,421.65	12,440.13	--

	HLE Glascoat	Kirloskar Oil	Jyoti Cnc	Tega	Lloyds Eng Works
Debt to Equity	0.19	0.86	0.20	0.04	0.01
Short term debt to equity ratio	0.32	0.21	0.19	0.05	--
Current Ratio	1.19	1.39	2.26	4.72	3.82
Quick Ratio	0.60	1.20	1.27	4.11	3.02
Interest Coverage	2.53	2.45	6.42	1.27	16.26

	HLE Glascoat	Kirloskar Oil	Jyoti Cnc	Tega	Lloyds Eng Works
Debtors to sales (%)	19.70	12.01	27.34	14.77	10.70
Asset Turnover	1.02	0.74	0.68	0.95	0.85
Receivable days	61.31	39.08	94.66	102.78	--
Inventory Days	97.78	31.64	180.17	91.84	--
Payable days	69.91	65.92	178.73	144.55	--
Cash Conversion Cycle	89.18	4.80	96.10	50.08	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.