HLE Glascoat Limited (NSE:HLEGLAS) — Market Cap & Net Worth
Market Cap & Net Worth: HLE Glascoat Limited (HLEGLAS)
HLE Glascoat Limited (NSE:HLEGLAS) has a market capitalization of $240.62 Million (Rs22.25 Billion) as of May 4, 2026. Listed on the NSE stock exchange, this India-based company holds position #15843 globally and #789 in its home market, demonstrating a -3.33% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying HLE Glascoat Limited's stock price Rs320.35 by its total outstanding shares 69454739 (69.45 Million). Analyse HLE Glascoat Limited (HLEGLAS) cash flow conversion to see how efficiently the company converts income to cash.
HLE Glascoat Limited Market Cap History: 2021 to 2026
HLE Glascoat Limited's market capitalization history from 2021 to 2026. Data shows change from $872.67 Million to $240.62 Million (-3.43% CAGR).
Index Memberships
HLE Glascoat Limited is a constituent of 2 market indices:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NIFTY MIDSMALLCAP 400
NIFTYMIDSML400
|
$1.11 Trillion | 0.02% | #320 of 400 |
|
NIFTY TOTAL MARKET
NIFTYTOTALMKT
|
$3.20 Trillion | 0.01% | #551 of 750 |
Weight: HLE Glascoat Limited's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
HLE Glascoat Limited Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how HLE Glascoat Limited's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.03x
HLE Glascoat Limited's market cap is 0.03 times its annual revenue
Latest Price to Earnings (P/E) Ratio
0.71x
HLE Glascoat Limited's market cap is 0.71 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2021 | $872.67 Million | $4.86 Billion | $523.20 Million | 0.18x | 1.67x |
| 2022 | $496.77 Million | $6.53 Billion | $581.68 Million | 0.08x | 0.85x |
| 2023 | $404.42 Million | $9.32 Billion | $698.14 Million | 0.04x | 0.58x |
| 2024 | $277.24 Million | $9.68 Billion | $296.87 Million | 0.03x | 0.93x |
| 2025 | $329.86 Million | $10.28 Billion | $467.14 Million | 0.03x | 0.71x |
Competitor Companies of HLEGLAS by Market Capitalization
Companies near HLE Glascoat Limited in the global market cap rankings as of May 4, 2026.
Key companies related to HLE Glascoat Limited by market ranking:
- GE Vernova LLC (NYSE:GEV): Ranked #82 globally with a market cap of $229.98 Billion USD.
- Siemens Aktiengesellschaft (XETRA:SIE): Ranked #113 globally with a market cap of $184.02 Billion USD ( €157.40 Billion EUR).
- SIEMENS AG SP. ADR 1/ 1/2 (F:SIEB): Ranked #119 globally with a market cap of $177.31 Billion USD ( €151.67 Billion EUR).
- Schneider Electric S.E. (PA:SU): Ranked #156 globally with a market cap of $143.23 Billion USD ( €122.51 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #82 | GE Vernova LLC | NYSE:GEV | $229.98 Billion | $1062.95 |
| #113 | Siemens Aktiengesellschaft | XETRA:SIE | $184.02 Billion | €252.55 |
| #119 | SIEMENS AG SP. ADR 1/ 1/2 | F:SIEB | $177.31 Billion | €119.00 |
| #156 | Schneider Electric S.E. | PA:SU | $143.23 Billion | €268.60 |
HLE Glascoat Limited Historical Marketcap From 2021 to 2026
Between 2021 and today, HLE Glascoat Limited's market cap moved from $872.67 Million to $ 240.62 Million, with a yearly change of -3.43%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | Rs240.62 Million | -27.05% |
| 2025 | Rs329.86 Million | +18.98% |
| 2024 | Rs277.24 Million | -31.45% |
| 2023 | Rs404.42 Million | -18.59% |
| 2022 | Rs496.77 Million | -43.07% |
| 2021 | Rs872.67 Million | -- |
End of Day Market Cap According to Different Sources
On May 4th, 2026 the market cap of HLE Glascoat Limited was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $240.62 Million USD |
| MoneyControl | $240.62 Million USD |
| MarketWatch | $240.62 Million USD |
| marketcap.company | $240.62 Million USD |
| Reuters | $240.62 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About HLE Glascoat Limited
HLE Glascoat Limited manufactures and sells carbon steel glass lined equipment in India and internationally. It operates through Filtration, Drying and Other Equipment; Glass Lined Equipment; and Heat Transfer Equipment segments. The Filtration, Drying and Other Equipment segment offers agitated nutsche filter-dryers, rotary vacuum paddle dryers, kilo-lab filter dryers, rapid disc dryer-coolers, … Read more