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
HLE Glascoat Limited (HLEGLAS) - Total Assets
Latest total assets as of September 2025: ₹14.16 Billion INR
Based on the latest financial reports, HLE Glascoat Limited (HLEGLAS) holds total assets worth ₹14.16 Billion INR as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
HLE Glascoat Limited - Total Assets Trend (2006–2025)
This chart illustrates how HLE Glascoat Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
HLE Glascoat Limited - Asset Composition Analysis
Current Asset Composition (March 2025)
HLE Glascoat Limited's total assets of ₹14.16 Billion consist of 50.2% current assets and 49.8% non-current assets.
| Asset Category | Amount (INR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₹0.00 | 4.0% |
| Accounts Receivable | ₹1.85 Billion | 14.3% |
| Inventory | ₹3.69 Billion | 28.6% |
| Property, Plant & Equipment | ₹0.00 | 0.0% |
| Intangible Assets | ₹1.54 Billion | 11.9% |
| Goodwill | ₹403.59 Million | 3.1% |
Asset Composition Trend (2006–2025)
This chart illustrates how HLE Glascoat Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: HLE Glascoat Limited's current assets represent 50.2% of total assets in 2025, a decrease from 57.3% in 2006.
- Cash Position: Cash and equivalents constituted 4.0% of total assets in 2025, up from 0.8% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 14.0% of total assets, an increase from 0.0% in 2006.
- Asset Diversification: The largest asset category is inventory at 28.6% of total assets.
HLE Glascoat Limited Competitors by Total Assets
Key competitors of HLE Glascoat Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanil Vacuum Co. Ltd
KQ:123840
|
Korea | ₩115.98 Billion |
|
Ivisionworks Co.,Ltd.
KQ:469750
|
Korea | ₩50.10 Billion |
|
Huayi Compressor Co Ltd
SHE:000404
|
China | CN¥15.16 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
China | CN¥9.63 Billion |
|
North Industries Group Red Arrow Co Ltd
SHE:000519
|
China | CN¥17.38 Billion |
|
Changchai Co Ltd
SHE:000570
|
China | CN¥5.30 Billion |
|
Jiangsu Youli Investment Holding Co Ltd
SHE:000584
|
China | CN¥3.49 Billion |
|
Baota Industry Co Ltd
SHE:000595
|
China | CN¥9.54 Billion |
HLE Glascoat Limited - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - HLE Glascoat Limited generates 0.79x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, HLE Glascoat Limited generates $ 3.61 in net profit.
HLE Glascoat Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.17 | 1.20 | 1.18 |
| Quick Ratio | 0.57 | 0.50 | 0.47 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₹1.09 Billion | ₹ 952.60 Million | ₹ 362.31 Million |
HLE Glascoat Limited - Advanced Valuation Insights
This section examines the relationship between HLE Glascoat Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 4.62 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 7.6% |
| Total Assets | ₹12.93 Billion |
| Market Capitalization | $57.84 Million USD |
Valuation Analysis
Below Book Valuation: The market values HLE Glascoat Limited's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: HLE Glascoat Limited's assets grew by 7.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for HLE Glascoat Limited (2006–2025)
The table below shows the annual total assets of HLE Glascoat Limited from 2006 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | ₹12.93 Billion | +7.60% |
| 2024-03-31 | ₹12.02 Billion | +34.86% |
| 2023-03-31 | ₹8.91 Billion | +17.20% |
| 2022-03-31 | ₹7.60 Billion | +101.65% |
| 2021-03-31 | ₹3.77 Billion | +12.45% |
| 2020-03-31 | ₹3.35 Billion | +146.16% |
| 2019-03-31 | ₹1.36 Billion | +40.27% |
| 2018-03-31 | ₹971.25 Million | +3.17% |
| 2017-03-31 | ₹941.37 Million | +18.39% |
| 2016-03-31 | ₹795.13 Million | -4.94% |
| 2015-03-31 | ₹836.43 Million | +14.81% |
| 2014-03-31 | ₹728.50 Million | +5.91% |
| 2013-03-31 | ₹687.87 Million | -0.44% |
| 2012-03-31 | ₹690.91 Million | +4.01% |
| 2011-03-31 | ₹664.29 Million | +38.44% |
| 2010-03-31 | ₹479.85 Million | +9.85% |
| 2009-03-31 | ₹436.84 Million | +6.85% |
| 2008-03-31 | ₹408.81 Million | +8.11% |
| 2007-03-31 | ₹378.14 Million | +12.58% |
| 2006-03-31 | ₹335.87 Million | -- |