SSelectStock

HLEGLASHLE Glascoat Limited

Capital Goods · Specialty Industrial Machinery · NSE · as of 2026-09-11 (delayed ~30 min in market hours)

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, orbicular dryers, and other chemical process equipment, as well as related spares and accessories. Its Glass Lined Equipment segment produces reactors, heat exchangers, storage vessels and receivers, storage tanks, columns, agitators, valves, pipes and fittings, and other similar equipment, as well as related spares and accessories. The Heat Transfer Equipment segment manufactures shell and tube, corrugated, spiral, plate heat, and box type heat exchangers; and condensing systems. It also offers exotic metal and cGMP pharma model products. The company serves the pharmaceutical, agrochemicals; specialty and fine chemicals; dyes, pigments, and intermediates; paints and coatings; bulk chemicals; active pharmaceutical ingredients; nutraceutical; food and food flavours; oil and gas; mineral processing; aerospace; marine; petrochemicals; fertilizers; steel; paper; and textile industries. The company was formerly known as Swiss Glascoat Equipments Limited and changed its name to HLE Glascoat Limited in December 2019. HLE Glascoat Limited was founded in 1981 and is based in Anand, India.

404.35
10.00%
60Decent

Mkt Cap
₹2,812 Cr
P/E
55.3
P/B
5.2
Div Yield
0.25%
52W High
₹661.95
52W Low
₹250.00

Price & Volume

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Key Ratios

Market Cap (₹ cr)2,811.50
P/E55.31
P/B5.18
PEG
ROE %9.30
ROCE %11.70
Debt / Equity0.56
EPS7.31
Revenue Growth %6.50
Profit Growth %-84.70
Dividend Yield %0.25
Promoter Holding %73.86
FII Holding %5.38
DII Holding %
Beta1.44

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

HOLDConviction 61%

The picture

  • Debt/Equity: 0.56
  • Promoter holding: 73.9%
  • RSI: 69
  • MACD: bullish
  • Price vs EMA21: above
  • 1-month return: +21.7%
  • Bollinger Squeeze signal (setup quality 38%)
  • EMA Crossover signal (setup quality 66%)
  • Supertrend Buy signal (setup quality 80%)

Bull case

  • Debt/Equity: 0.56
  • Promoter holding: 73.9%
  • RSI: 69
  • MACD: bullish

Bear case

  • Revenue growth: 6.5% YoY
  • Profit growth: -84.7% YoY
  • Distance from 52-week high: 38.9% below high
  • Volatility: 57% annualized

Key risks

  • Elevated volatility / drawdown profile — size positions accordingly
  • Weak fundamentals — technical strength may not sustain
  • Revenue growth: 6.5% YoY
  • Profit growth: -84.7% YoY

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹404.35
Stop Loss
₹355.10
risk 12.2%
Target 1 (1.5R)
₹478.22
+18.3%
Target 2 (3R)
₹552.10
+36.5%
Support (20d)
₹303.50
Resistance (52w)
₹661.95
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹49.25/share
ATR (volatility)
₹19.70
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹19.70). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental38
Technical84
Momentum72
Risk (safety)37

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