HLE Glascoat's Q2 FY 2026-27 Quarterly Results

Result Summary

• HLE Glascoat Ltd reported a 15.4% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a decline of 1.1%.
• Its expenses for the quarter were up by 10.1% QoQ and down 0.7% YoY.
• The net profit increased 681.5% QoQ and increased 14.8% YoY.
• The earnings per share (EPS) of HLE Glascoat Ltd stood at 2.06 during Q2 FY 2026-27.

Financial Statments for Q2 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

HLE Glascoat Ltd is a company involved in providing specialized solutions in the manufacturing and engineering sector. It primarily operates in the chemical and pharmaceutical industries, offering equipment and services designed for these sectors. Among its key offerings are glass-lined equipment, which is essential for processes requiring non-reactive surfaces, particularly in chemical manufacturing. The company has built its reputation on providing high-quality products that meet stringent industrial standards. As of now, there are no specific recent developments available for HLE Glascoat Ltd.

Revenue

In the second quarter of the fiscal year 2027 (Q2FY27), HLE Glascoat Ltd reported total income of ₹348.98 crores. This represents a 15.4% increase compared to the first quarter of the same fiscal year (Q1FY27), where the total income was ₹302.45 crores. Compared to the same quarter in the previous fiscal year (Q2FY26), where total income was ₹352.71 crores, there is a slight decline of 1.1%. The revenue figures indicate a quarter-over-quarter growth, while year-over-year comparison shows a marginal decline.

Profitability

The company's profitability metrics showed significant improvements in Q2FY27. Profit Before Tax (PBT) rose to ₹20.70 crores, marking a substantial increase of 373.7% from Q1FY27, where PBT was ₹4.37 crores. When compared to Q2FY26, the PBT showed an 8.0% increase from ₹19.16 crores. The tax expense for Q2FY27 was ₹4.68 crores, which is a 102.6% increase from Q1FY27's ₹2.31 crores, but a 10.0% decrease from the ₹5.20 crores reported in Q2FY26. Consequently, Profit After Tax (PAT) surged to ₹16.02 crores, indicating a 681.5% increase from Q1FY27's ₹2.05 crores and a 14.8% increase from the previous year's same quarter, which was ₹13.96 crores. Earnings Per Share (EPS) also improved significantly to ₹2.06 in Q2FY27 from ₹0.40 in Q1FY27, and from ₹1.76 in Q2FY26, reflecting a 415.0% quarter-over-quarter increase and a 17.0% year-over-year increase.

Operating Metrics

In Q2FY27, HLE Glascoat Ltd reported total expenses of ₹328.27 crores, a 10.1% increase from Q1FY27's total expenses of ₹298.08 crores. Compared to Q2FY26, where total expenses were ₹330.48 crores, there is a slight decrease of 0.7%. The company's expenses show an increase on a quarterly basis but a slight decrease on a yearly basis. The significant rise in profitability metrics such as Profit Before Tax and Profit After Tax despite the increase in expenses suggests an improvement in operational efficiency or other factors contributing to profitability. The substantial rise in both PBT and PAT indicates effective cost management or revenue enhancement strategies implemented during the quarter.