HLE Glascoat Limited Net Assets

Latest as of March 2026: Rs6.18 Billion INR ≈ $66.86 Million USD

HLE Glascoat Limited net assets. Based on the latest financial reports, HLE Glascoat Limited (HLEGLAS) has net assets worth Rs6.18 Billion INR (≈ $66.86 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs13.82 Billion ≈ $149.44 Million USD) and total liabilities (Rs7.64 Billion ≈ $82.58 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore HLE Glascoat Limited net asset momentum to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric Value
Current Net Assets Rs6.18 Billion
% of Total Assets 44.74%
Annual Growth Rate 23.04%
5-Year Change 143.78%
10-Year Change 1247.87%
Growth Volatility 25.07

Net Assets of HLE Glascoat Limited (2006–2026)

Net assets of HLE Glascoat Limited from 2006 to 2026. This chart illustrates how HLE Glascoat Limited's net assets have evolved over time, based on quarterly financial data. See HLEGLAS equity financing ratio to measure how much of total assets are equity-financed.

Annual Net Assets for HLE Glascoat Limited (2006–2026)

The table below shows the annual net assets of HLE Glascoat Limited from 2006 to 2026. For live market cap and overall valuation, see HLE Glascoat Limited (HLEGLAS) total market value.

Year Net Assets Change
2026-03-31 Rs6.18 Billion
≈ $66.86 Million		 +11.54%
2025-03-31 Rs5.54 Billion
≈ $59.94 Million		 +11.59%
2024-03-31 Rs4.97 Billion
≈ $53.72 Million		 +51.98%
2023-03-31 Rs3.27 Billion
≈ $35.35 Million		 +28.87%
2022-03-31 Rs2.54 Billion
≈ $27.43 Million		 +88.13%
2021-03-31 Rs1.35 Billion
≈ $14.58 Million		 +74.23%
2020-03-31 Rs773.74 Million
≈ $8.37 Million		 +36.74%
2019-03-31 Rs565.84 Million
≈ $6.12 Million		 +9.92%
2018-03-31 Rs514.77 Million
≈ $5.57 Million		 +12.23%
2017-03-31 Rs458.69 Million
≈ $4.96 Million		 +73.35%
2016-03-31 Rs264.60 Million
≈ $2.86 Million		 +11.98%
2015-03-31 Rs236.30 Million
≈ $2.56 Million		 +4.34%
2014-03-31 Rs226.47 Million
≈ $2.45 Million		 +11.58%
2013-03-31 Rs202.97 Million
≈ $2.20 Million		 +12.97%
2012-03-31 Rs179.67 Million
≈ $1.94 Million		 +9.30%
2011-03-31 Rs164.38 Million
≈ $1.78 Million		 +10.37%
2010-03-31 Rs148.93 Million
≈ $1.61 Million		 +10.43%
2009-03-31 Rs134.86 Million
≈ $1.46 Million		 +8.51%
2008-03-31 Rs124.29 Million
≈ $1.34 Million		 +16.61%
2007-03-31 Rs106.59 Million
≈ $1.15 Million		 +9.04%
2006-03-31 Rs97.75 Million
≈ $1.06 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to HLE Glascoat Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.

HLE Glascoat Limited Net Assets Breakdown (March 2026)

HLE Glascoat Limited net assets breakdown by equity component as of March 2026.

Component Amount Percentage
Common Stock Rs138.91 Million 2.60%
Other Components Rs5.20 Billion 97.40%
Total Equity Rs5.34 Billion 100.00%

HLE Glascoat Limited Competitors by Market Cap

The table below lists competitors of HLE Glascoat Limited ranked by their market capitalization.

Company Market Cap
Metropolis Healthcare Limited
NSE:METROPOLIS
 $318.78 Million
TECHPOINT INC. JDR/1
F:R46
 $318.93 Million
Energy One Ltd
AU:EOL
 $318.98 Million
AEON Co (Malaysia) Bhd
KLSE:6599
 $319.01 Million
Enviro Infra Engineers Ltd
NSE:EIEL
 $318.50 Million
Exicon Co. Ltd
KQ:092870
 $318.47 Million
Incar Financial Service Co. Ltd.
KQ:211050
 $318.45 Million
Siward Crystal Technology Co Ltd
TW:2484
 $318.44 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in HLE Glascoat Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2025 to 2026, total equity changed from 4,593,072,000 to 5,339,228,000, a change of 746,156,000 (16.2%).
  • Net income of 494,241,000 contributed positively to equity growth.
  • Dividend payments of 75,092,000 reduced retained earnings.
  • New share issuances of 5,002,000 increased equity.
  • Other comprehensive income decreased equity by 1,916,373,000.
  • Other factors increased equity by 2,238,378,000.

Equity Change Factors (2025 to 2026)

Factor Impact Contribution
Net Income Rs494.24 Million +9.26%
Dividends Paid Rs75.09 Million -1.41%
Share Issuances Rs5.00 Million +0.09%
Other Comprehensive Income Rs-1.92 Billion -35.89%
Other Changes Rs2.24 Billion +41.92%
Total Change Rs- 16.25%

Book Value vs Market Value Analysis

This analysis compares HLE Glascoat Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 5.45x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 108.48x to 5.45x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2006-03-31 Rs3.91 Rs424.15 x
2007-03-31 Rs4.26 Rs424.15 x
2008-03-31 Rs2.48 Rs424.15 x
2009-03-31 Rs2.70 Rs424.15 x
2010-03-31 Rs2.98 Rs424.15 x
2011-03-31 Rs3.29 Rs424.15 x
2012-03-31 Rs3.59 Rs424.15 x
2013-03-31 Rs4.06 Rs424.15 x
2014-03-31 Rs4.53 Rs424.15 x
2015-03-31 Rs4.73 Rs424.15 x
2016-03-31 Rs5.29 Rs424.15 x
2017-03-31 Rs9.17 Rs424.15 x
2018-03-31 Rs7.91 Rs424.15 x
2019-03-31 Rs17.42 Rs424.15 x
2020-03-31 Rs11.76 Rs424.15 x
2021-03-31 Rs20.76 Rs424.15 x
2022-03-31 Rs37.14 Rs424.15 x
2023-03-31 Rs47.86 Rs424.15 x
2024-03-31 Rs61.06 Rs424.15 x
2025-03-31 Rs88.98 Rs424.15 x
2026-03-31 Rs77.78 Rs424.15 x

Capital Efficiency Dashboard

This dashboard shows how efficiently HLE Glascoat Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 9.26%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.65%
  • • Asset Turnover: 0.98x
  • • Equity Multiplier: 2.59x
  • Recent ROE (9.26%) is below the historical average (17.86%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2006 20.28% 6.09% 0.97x 3.44x Rs10.04 Million
2007 14.87% 4.86% 0.86x 3.55x Rs5.20 Million
2008 19.89% 5.97% 1.01x 3.29x Rs12.29 Million
2009 13.05% 4.15% 0.97x 3.24x Rs4.11 Million
2010 16.12% 5.27% 0.95x 3.22x Rs9.12 Million
2011 16.47% 5.11% 0.80x 4.04x Rs10.63 Million
2012 15.63% 3.99% 1.02x 3.85x Rs10.11 Million
2013 17.78% 4.77% 1.10x 3.39x Rs15.78 Million
2014 16.79% 4.95% 1.05x 3.22x Rs15.38 Million
2015 19.21% 5.13% 1.06x 3.54x Rs21.77 Million
2016 15.70% 4.49% 1.16x 3.01x Rs15.08 Million
2017 6.68% 3.76% 0.87x 2.05x Rs-15.24 Million
2018 10.41% 5.55% 1.00x 1.89x Rs2.11 Million
2019 12.28% 5.55% 0.92x 2.41x Rs12.89 Million
2020 50.30% 9.02% 1.26x 4.41x Rs306.35 Million
2021 38.84% 10.78% 1.29x 2.80x Rs388.51 Million
2022 22.94% 8.91% 0.86x 3.00x Rs328.16 Million
2023 21.37% 7.49% 1.05x 2.73x Rs371.44 Million
2024 7.12% 3.07% 0.81x 2.88x Rs-119.93 Million
2025 10.17% 4.55% 0.79x 2.82x Rs7.83 Million
2026 9.26% 3.65% 0.98x 2.59x Rs-39.68 Million

Industry Comparison

This section compares HLE Glascoat Limited's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

  • Industry: Specialty Industrial Machinery
  • Average net assets among peers: $31,788,404,103
  • Average return on equity (ROE) among peers: 7.02%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
HLE Glascoat Limited (HLEGLAS) Rs6.18 Billion 20.28% 1.24x $318.59 Million
Aaron Industries Limited (AARON) $2.90 Million 17.03% 7.81x $30.42 Million
Ador Welding Limited (ADORWELD) $1.64 Billion 15.70% 0.29x $184.52 Million
The Anup Engineering Limited (ANUP) $670.69 Million 27.06% 0.28x $294.73 Million
ATAM VALVES ORD (BSE) (ATAM) $380.61 Million 6.35% 0.53x $6.76 Million
Azad Engineering Limited (AZAD) $908.92 Million 12.65% 1.82x $1.79 Billion
Bharat Heavy Electricals Limited (BHEL) $286.52 Billion -5.12% 1.12x $15.06 Billion
Cummins India Limited (CUMMINSIND) $20.43 Billion 28.94% 0.52x $13.94 Billion
Diamond Power Infrastructure Limited (DIACABS) $6.22 Billion -43.87% 4.42x $2.38 Billion
Diffusion Engineers Ltd (DIFFNKG) $878.85 Million 10.80% 0.52x $161.29 Million
Ducon Infratechnologies Limited (DUCON) $238.32 Million 0.60% 0.42x $4.64 Million

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
Categories
Companies in India Specialty Industrial Machinery
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