HLE Glascoat Limited Market Cap ($318.59 Million)

$318.59 Million USD  · Rs29.46 Billion INR  · Rank #14228

Market Cap & Net Worth: HLE Glascoat Limited (HLEGLAS)

HLE Glascoat Limited market cap. HLE Glascoat Limited (NSE:HLEGLAS) has a market capitalization of $318.59 Million (Rs29.46 Billion) as of November 4, 2026. Listed on the NSE stock exchange, this India-based company holds position #14228 globally and #706 in its home market, demonstrating a 8.70% increase 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 Rs424.15 by its total outstanding shares 69454739 (69.45 Million). Also see HLEGLAS cash flow conversion for how efficiently the company converts equity into cash flow.

HLE Glascoat Limited Market Cap History (2021–2026)

HLE Glascoat Limited market cap history from 2021 to 2026. Data shows growth from $872.67 Million to $318.59 Million (1.76% CAGR). Check HLE Glascoat Limited stock price for real-time trading data and today's change.

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
$1.09 Trillion 0.03% #316 of 400
NIFTY TOTAL MARKET
NIFTYTOTALMKT
$3.10 Trillion 0.01% #518 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. Explore net asset growth rate of HLE Glascoat Limited to track how rapidly the company is growing its equity base year over year.

Latest Price to Sales (P/S) Ratio

0.02x

HLE Glascoat Limited's market cap is 0.02 times its annual revenue

Industry average: 1.26x Lower than industry average

Latest Price to Earnings (P/E) Ratio

0.64x

HLE Glascoat Limited's market cap is 0.64 times its annual earnings

Industry average: 21.32x Lower than industry average

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
2026 $318.59 Million $13.53 Billion $494.24 Million 0.02x 0.64x

Competitor Companies of HLEGLAS by Market Capitalization

Companies near HLE Glascoat Limited in the global market cap rankings as of November 4, 2026. Also see HLE Glascoat Limited assets under control for a full breakdown of the balance sheet.

Key companies related to HLE Glascoat Limited by market ranking:

  • GE Vernova LLC (NYSE:GEV): Ranked #79 globally with a market cap of $246.74 Billion USD.
  • Siemens Aktiengesellschaft (XETRA:SIE): Ranked #91 globally with a market cap of $218.11 Billion USD ( €186.56 Billion EUR).
  • SIEMENS AG SP. ADR 1/ 1/2 (F:SIEB): Ranked #121 globally with a market cap of $177.31 Billion USD ( €151.67 Billion EUR).
  • Schneider Electric S.E. (PA:SU): Ranked #148 globally with a market cap of $157.90 Billion USD ( €135.06 Billion EUR).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#79 GE Vernova LLC NYSE:GEV $246.74 Billion $918.20
#91 Siemens Aktiengesellschaft XETRA:SIE $218.11 Billion €269.75
#121 SIEMENS AG SP. ADR 1/ 1/2 F:SIEB $177.31 Billion €119.00
#148 Schneider Electric S.E. PA:SU $157.90 Billion €239.75

Market Capitalization of HLE Glascoat Limited (2021–2026)

Market capitalization of HLE Glascoat Limited from 2021 to today. Between 2021 and today, HLE Glascoat Limited's market cap moved from $872.67 Million to $ 318.59 Million, with a yearly change of 1.76%.

Year Market Cap Change (%)
2026 Rs318.59 Million -3.42%
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 Nov 4th, 2026 the market cap of HLE Glascoat Limited was reported to be:

Source Market Cap
Yahoo Finance $318.59 Million USD
MoneyControl $318.59 Million USD
MarketWatch $318.59 Million USD
marketcap.company $318.59 Million USD
Reuters $318.59 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

NSE:HLEGLAS India Specialty Industrial Machinery
Market Cap
$318.59 Million
Rs29.46 Billion INR
Market Cap Rank
#14228 Global
#706 in India
Share Price
Rs424.15
Change (1 day)
+3.38%
52-Week Range
Rs251.00 - Rs591.75
All Time High
Rs1453.23
About

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