On Tuesday, May 20, 2025, HLE Glascoat Ltd’s stock surged to a 20% upper circuit, reaching ₹362.75 on the NSE. This significant uptick followed the company’s announcement of robust Q4 FY25 Earnings, showcasing a 113% year-on-year increase in net profit and a 55% dividend declaration.
HLE Glascoat Financial Performance: Q4 FY25
HLE Glascoat reported a consolidated revenue of ₹334 crore for Q4 FY25, marking an 8.79% increase from ₹307 crore in the same quarter the previous year. Sequentially, revenue grew by 44.58% from ₹231 crore in Q3 FY25.
The company’s net profit more than doubled to ₹32 crore, up from ₹15 crore in Q4 FY24, reflecting a 113% year-on-year growth. Compared to the previous quarter, net profit saw a substantial 220% profit growth increase from ₹10 crore.
Earnings before interest, taxes, depreciation, and amortization (EBITDA) margins improved by 380 basis points, reaching 16.3% in Q4 FY25 compared to 12.5% in the corresponding quarter last year.
Order Book and Dividend Declaration FY25
As of March 31, 2025, HLE Glascoat’s order book stood at ₹575 crore, providing strong revenue visibility for the upcoming quarters.
The company’s Board of Directors recommended a final dividend of ₹1.10 per equity share (55% of the face value of ₹2), subject to shareholder approval at the forthcoming Annual General Meeting.
Market Reaction and Stock Performance
Following the earnings announcement, HLE Glascoat’s shares opened at ₹358, an 18.42% increase from the previous close, and quickly hit the upper circuit limit of ₹362.75.
Despite this rally, the stock remains approximately 31% below its 52-week high of ₹524, achieved on July 2, 2024.
Company Overview
Headquartered in Anand, Gujarat, HLE Glascoat Limited is a leading manufacturer of process equipment, catering to industries such as pharmaceuticals, chemicals, agrochemicals, dyes, and pigments. The company’s product portfolio includes glass-lined reactors, filtration and drying systems, heat exchangers, and other specialized equipment.
In December 2021, HLE Glascoat expanded its global footprint by acquiring Thaletec GmbH, a German manufacturer of glass-lined equipment. Additionally, the company holds a 70% stake in Kinam Engineering Industries, specializing in heat exchangers.
Outlook
HLE Glascoat’s impressive Q4 performance, marked by significant profit growth and a robust order book, positions the company favorably for sustained growth. The dividend declaration further underscores the company’s commitment to shareholder value. Investors and analysts will be closely monitoring the company’s performance in the upcoming quarters to assess the continuation of this positive trajectory.
Disclaimer:
The views and investment insights shared in this article are for informational purposes only and should not be construed as investment advice. The opinions expressed by investment experts, brokerage firms, or research agencies featured on Equitywatch.in are their own and do not reflect the views of the website or its management. Investing in equities involves risk and may result in financial losses. Readers are advised to conduct their own research and consult with a certified financial advisor before making any investment decisions. Neither Equitywatch.in nor the author shall be held responsible for any loss incurred based on the information provided in this article.
