HLE Glascoat Limited
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from HLE Glascoat Limited's yearly results (2023–2026), compared with Industrials companies in India. Tap ? on any ratio for what it means.
What stands out
- Tangible Net Worth Ratio: Of every ₹100 of net worth, ₹63 is tangible; the rest is goodwill and other intangibles, often from buying other companies. Less tangible than 96% of Industrials companies in India.
- Profit Cash Ratio: Over the last 3 years, every ₹100 of reported profit came with ₹291 of operating cash. Higher than 94% of Industrials companies in India.
- Tangible Assets Ratio: Of every ₹100 the company owns, ₹86 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles. Less tangible than 92% of Industrials companies in India.
Where ₹100 of sales goes
Latest year (Mar 2026). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
₹291Over the last 3 years, every ₹100 of reported profit came with ₹291 of operating cash.
Higher than 94% of Industrials companies in India.
Self-Funding Ratio
2.2×Over the last 3 years its own operating cash covered its investment spending (capex) 2.2 times.
Higher than 72% of Industrials companies in India.
Cash Locked Ratio
₹33For every ₹100 of sales, ₹33 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against ₹40 tied up three years earlier.
More money tied up than 66% of Industrials companies in India.
Growth quality
Steadiness Ratio
3/3 · 1/3Sales grew in 3 of the last 3 years; profit grew in 1 of 3.
Less steady than 60% of Industrials companies in India.
Growth Efficiency Ratio
−₹5Sales grew 45% in 3 years, but profit fell: ₹5 less profit per ₹100 of extra sales.
Lower than 85% of Industrials companies in India.
Asset Productivity Ratio
+45% / +54%In 3 years sales changed by +45% while total assets changed by +54%. Assets grew faster than sales.
Balance-sheet strength
Debt Due Cover Ratio
0.8×Debt due within a year is covered 0.8 times by its yearly operating cash.
Higher than 54% of Industrials companies in India.
Cash Cushion Ratio
−12%Debt, after subtracting cash, equals 12% of its market value (net debt).
Lower than 65% of Industrials companies in India.
Tangible Assets Ratio
86%Of every ₹100 the company owns, ₹86 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
Less tangible than 92% of Industrials companies in India.
Tangible Net Worth Ratio
63%Of every ₹100 of net worth, ₹63 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
Less tangible than 96% of Industrials companies in India.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (14)
HLE Glascoat Limited owes ₹0.55 for every ₹1 it owns. Net profit fell 10% in the year to Mar 2026, and shrank 11% a year on average over 3 years.
Compared with Industrials companies in India · latest annual results Mar 2026.
P/E ratio
71.2Investors pay ₹71.2 for every ₹1 of HLE Glascoat Limited's yearly profit, higher than 84% of Industrials companies in India.
P/B ratio
4.83The share price is 4.83 times HLE Glascoat Limited's book value per share, higher than 68% of Industrials companies in India.
Market cap
₹2,581 CrThe total market value of all of HLE Glascoat Limited's shares at today's price (share price × number of shares), larger than 53% of Industrials companies in India. PosiCap size class: Mini Cap.
Net worth (book value)
₹534 CrWhat HLE Glascoat Limited would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (31 Mar 2026).
Book value per share
₹76.87Net worth divided by the number of shares. The share price of ₹371.65 is 4.8 times this, which is the P/B above.
Return on equity (ROE)
6.7%HLE Glascoat Limited earned 6.7% on its shareholders' money over the last year, lower than 74% of Industrials companies in India.
Owes vs Owns
0.55×HLE Glascoat Limited owes ₹0.55 for every ₹1 it owns (moderate), higher than 71% of Industrials companies in India.
Dividend yield
0.26%HLE Glascoat Limited pays 0.26% of its share price as dividends a year, lower than 72% of dividend-paying Industrials companies in India.
Revenue growth
+31%Revenue rose 31% in the year to Mar 2026, and grew 13% a year on average over 3 years.
Profit growth
-10%Net profit fell 10% in the year to Mar 2026, and shrank 11% a year on average over 3 years.
Profit margin
3.7%HLE Glascoat Limited keeps ₹4 of every ₹100 of revenue as net profit.
Cash quality
3.3×Cash from HLE Glascoat Limited's business was 3.3× its reported profit in the year to Mar 2026 — its profit turned into cash.
Interest cover
3.1×HLE Glascoat Limited's operating profit covered its interest costs 3.1 times in the year to Mar 2026.
Cash vs debt
Net debtHLE Glascoat Limited had ₹313 Cr more debt than cash (net debt) at Mar 2026.
Questions
What is HLE Glascoat Limited's P/E ratio?
Investors pay ₹71.2 for every ₹1 of HLE Glascoat Limited's yearly profit, higher than 84% of Industrials companies in India.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For HLE Glascoat Limited: ₹2,581 Cr ÷ ₹534 Cr (31 Mar 2026) = 4.8.
What is HLE Glascoat Limited's return on equity?
HLE Glascoat Limited earned 6.7% on its shareholders' money over the last year, lower than 74% of Industrials companies in India.
How much does HLE Glascoat Limited owe compared with what it owns?
HLE Glascoat Limited owes ₹0.55 for every ₹1 it owns (moderate), higher than 71% of Industrials companies in India.
Does HLE Glascoat Limited pay a dividend?
Yes. HLE Glascoat Limited pays 0.26% of its share price as dividends a year, lower than 72% of dividend-paying Industrials companies in India.
Is HLE Glascoat Limited's revenue growing?
Revenue rose 31% in the year to Mar 2026, and grew 13% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.