HG

HLE Glascoat Ltd

Q1 FY24Industrial Manufacturing

HLE Glascoat Ltd Q1 FY24 Results & Presentation Highlights: Order Book ₹551 Cr

Q1 FY24 investor presentation: what the company reported on revenue, margins and projects.

Price₹429
Market cap₹3.1K Cr
P/E78.8
Updated25 Sept 2026
Read4 min read

Based on HLE Glascoat Ltd's Q1 FY24 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the presentation reports, not management guidance.

The short version

Q1 FY24 Revenue from Operations: ₹19,718.7 Lakhs, down 3.5% year-on-year (from ₹20,442.4 Lakhs in Q1 FY23) [Page 7, 8, 10] - Q1 FY24 EBITDA: ₹2,386.4 Lakhs, down 24.3% year-on-year [Page 8, 10] - EBITDA for Q1 FY24: ₹2,386.4 Lakhs - Year-on-Year (Y-o-Y) Change: -24.3% (from ₹3,150.6 Lakhs in Q1 FY23) - EBITDA Margin: 12.1% (down from 15.4% in Q1 FY23) - Profit After Tax (PAT) fo

From HLE Glascoat Ltd's Q1 FY24 earnings-call transcript · updated 25 Sept 2026.

Revenue & Sales Performance

  • Q1 FY24 Revenue from Operations: ₹19,718.7 Lakhs, down 3.5% year-on-year (from ₹20,442.4 Lakhs in Q1 FY23) [Page 7, 8, 10]
  • Q1 FY24 EBITDA: ₹2,386.4 Lakhs, down 24.3% year-on-year [Page 8, 10]
  • Q1 FY24 PAT: ₹929.1 Lakhs, down 39.6% year-on-year [Page 8, 10]
  • Orderbook as of June 30, 2023: ₹55,199.0 Lakhs [Page 7]
  • Orders booked in Q1 FY24: ₹91 Crores (₹9100 Lakhs) [Page 6]
  • Product expansion with over 100 SS Reactors ordered (value ₹20 Cr+) [Page 6]
  • Successful venture into the US market with orders >US$9.5 million as of July end [Page 6]

2 more points management made on revenue & sales performance

Profitability & Margins

See what HLE Glascoat Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Current infrastructure supports up to 3X output, indicating significant expansion potential (Page 21).
  • Manufacturing Facilities: Maroli Works (15,000 m² built-up, advanced machinery) and Anand Works (20,000 m², highly automated with furnace & robotic welding capabilities) enable capacity for large-scale production but no new plant explicitly mentioned (Page 35).
  • Orders booked offer 5-6 months visibility for Indian business and 10-11 months for European business (Page 6).
  • Q1FY24 orders of ₹ 91 Cr and order book of ₹ 551 Cr indicate ongoing growth but no explicit new capex or greenfield plant detailed (Page 6).

2 more points management made on capital expenditure plans

Top-ranked in Industrial Manufacturing

Ranked on what management guided this quarter

5x potential
1ICE Make Refrig.
Rev 1Mar 2
2Taurian MPS
Rev 1Mar 2
3
Rev 1Mar 3
4
Rev 1Mar 3
5
Rev 1Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what HLE Glascoat Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

  • Order book as on 30th June 2023: Rs. 55,199.0 Lakhs (Page 7)
  • Orders booked in Q1 FY24: ₹ 91 Crores (Page 6)
  • Total order book reported: ₹ 551 Crores (Page 6)

2 more points management made on order book & pipeline

HLE Glascoat Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹392 Cr, net profit ₹20 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

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Frequently Asked Questions

What were HLE Glascoat Ltd Q1 FY24 results?

Q1 FY24 Revenue from Operations: ₹19,718.7 Lakhs, down 3.5% year-on-year (from ₹20,442.4 Lakhs in Q1 FY23) [Page 7, 8, 10] - Q1 FY24 EBITDA: ₹2,386.4 Lakhs, down 24.3% year-on-year [Page 8, 10] - EBITDA for Q1 FY24: ₹2,386.4 Lakhs - Year-on-Year (Y-o-Y) Change: -24.3% (from ₹3,150.6 Lakhs in Q1 FY23) - EBITDA Margin: 12.1% (down from 15.4% in Q1 FY23) - Profit After Tax (PAT) fo

What is HLE Glascoat Ltd share price analysis?

HLE Glascoat Ltd currently shows a neutral. The stock trades at a P/E of 78.8 with a market cap of ₹3,104 Cr. Investors should review the full earnings analysis for detailed insights.

Is HLE Glascoat Ltd planning capital expenditure?

Current infrastructure supports up to 3X output, indicating significant expansion potential (Page 21).

Keep HLE Glascoat Ltd on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.