Integrated Filing — IndAS



General information about company

Scrip Code 522215
NSE Symbol HLEGLAS
MSEI Symbol NOTLISTED
ISIN INE461D01028
Name of company HLE GLASCOAT LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 18-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 08-05-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 18-05-2026   15:30:00
End date and time of board meeting 18-05-2026   17:00:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 39,169.07 1,35,297.94
Other income 111.22 878.42
Total income 39,280.29 1,36,176.36
2 Expenses
(a) Cost of materials consumed 16,235.92 60,324.40
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 1,824.76 3,038.58
(d) Employee benefit expense 7,411.93 25,320.80
(e) Finance costs 865.87 3,444.73
(f) Depreciation, depletion and amortisation expense 959.77 3,645.36
(f) Other Expenses
1 Power and fuel 1,297.38 4,812.42
2 Labour charges 2,861.19 10,411.17
3 Other expenses 5,255.26 17,415.57
Total other expenses 9,413.83 32,639.16
Total expenses 36,712.08 1,28,413.03
3 Total profit before exceptional items and tax 2,568.21 7,763.33
4 Exceptional items (43.36) (668.61)
5 Total profit before tax 2,524.85 7,094.72
6 Tax expense
7 Current tax 813.17 2,131.75
8 Deferred tax (302.71) (693.60)
9 Total tax expenses 510.46 1,438.15
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 2,014.39 5,656.57
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 2,014.39 5,656.57
17 Other comprehensive income net of taxes 461.50 1,388.23
18 Total Comprehensive Income for the period 2,475.89 7,044.80
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 1,818.70 4,942.41
Total profit or loss, attributable to non-controlling interests 195.69 714.16
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 2,282.90 6,337.27
Total comprehensive income for the period attributable to owners of parent non-controlling interests 192.99 707.53
21 Details of equity share capital
Paid-up equity share capital 1,389.09 1,389.09
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve 52,003.19
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 2.65 7.2
Diluted earnings (loss) per share from continuing operations 2.65 7.2
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 2.65 7.2
Diluted earnings (loss) per share from continuing and discontinued operations 2.65 7.2
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 42,929.83
Capital work-in-progress 374.47
Investment property 233.15
Goodwill 4,036.47
Other intangible assets 15,548.15
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 0.00
Trade receivables, non-current
Loans, non-current 0.00
Other non-current financial assets
1 Others financial assets 771.05
Total of other non-current financial assets 771.05
Total non-current financial assets 771.05
Deferred tax assets (net) 1,386.05
Other non-current assets
1 Non current tax assets (net) 1,047.48
2 Other non-current assets 220.39
Total of other non-current assets 1,267.87
Total non-current assets 66,547.04
2 Current assets
Inventories 35,575.57
Current financial asset
Current investments 0.00
Trade receivables, current 26,988.51
Cash and cash equivalents 3,435.93
Bank balance other than cash and cash equivalents 2,413.84
Loans, current 38.88
Other current financial assets
Total of other current financial assets 3,154.23
Total current financial assets 36,031.39
Current tax assets (net)
Other current assets
Total of other current assets
Total current assets 71,606.96
3 Non-current assets classified as held for sale 25.92
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 1,38,179.92
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 1,389.09
Other equity 52,003.19
Total equity attributable to owners of parent 53,392.28
Non controlling interest 8,432.57
Total equity 61,824.85
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 10,064.87
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities
1 Lease liabilities 2,747.17
2 Other financial liabilities 209.27
Total of other non-current financial liabilities 2,956.44
Total non-current financial liabilities 13,021.31
Provisions, non-current 1,453.22
Deferred tax liabilities (net) 1,506.29
Deferred government grants, Non-current
Other non-current liabilities
1 Other non-current liabilities 1.60
Total of other non-current liabilities 1.60
Total non-current liabilities 15,982.42
Current liabilities
Current financial liabilities
Borrowings, current 21,260.31
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 346.89
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 14,377.35
Total Trade payable 14,724.24
Other current financial liabilities
1 Lease liabilities 688.10
2 Other financial liabilities 3,090.85
Total of other current financial liabilities 3,778.95
Total current financial liabilities 39,763.50
Other current liabilities 17,561.15
1 Other current liabilities 17,561.15
Total of other current liabilities 17,561.15
Provisions, current 2,454.57
Current tax liabilities (Net) 593.43
Deferred government grants, Current
Total current liabilities 60,372.65
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 76,355.07
Total equity and liabilites 1,38,179.92
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 a) Filtration, Drying and Other Equipment 12,199.64 47,433.82
2 b) Glass Lined Products 21,953.63 67,636.39
3 c) Heat Transfer Equipment 5,001.90 20,033.53
4 d) Unallocable Revenue 0.000139 0.001942
Total Segment Revenue 39,169.07 1,35,297.94
Less: Inter segment revenue
Revenue from operations 39,169.07 1,35,297.94
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 a) Filtration, Drying and Other Equipment 1,433.07 5,700.43
2 b) Glass Lined Products 1,469.79 2,860.85
3 c) Heat Transfer Equipment 733.79 2,817.57
4 d) Unallocable Revenue 0.00 0.00
Total Profit before tax 3,636.65 11,378.85
i. Finance cost 865.87 3,444.73
ii. Other Unallocable Expenditure net off Unallocable income 245.93 839.40
Profit before tax 2,524.85 7,094.72
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 a) Filtration, Drying and Other Equipment 30,452.46 30,452.46
2 b) Glass Lined Products 74,838.68 74,838.68
3 c) Heat Transfer Equipment 31,794.16 31,794.16
4 d) Unallocable Revenue 0.00 0.00
Total Segment Asset 1,37,085.30 1,37,085.30
Un-allocable Assets 1,094.62 1,094.62
Net Segment Asset 1,38,179.92 1,38,179.92
4 Segment Liabilities
Segment Liabilities
1 a) Filtration, Drying and Other Equipment 10,673.81 10,673.81
2 b) Glass Lined Products 28,821.83 28,821.83
3 c) Heat Transfer Equipment 4,648.55 4,648.55
4 d) Unallocable Revenue 32,210.88 32,210.88
Total Segment Liabilities 76,355.07 76,355.07
Un-allocable Liabilities 32,210.88 32,210.88
Net Segment Liabilities 1,08,565.95 1,08,565.95
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurements of defined benefit plans 70.54 49.61
Total Amount of items that will not be reclassified to profit and loss 70.54 49.61
2 Income tax relating to items that will not be reclassified to profit or loss 24.40 24.70
3 Amount of items that will be reclassified to profit and loss
1 Exchange difference in translating the financial statements of foreign components 415.36 1,363.32
Total Amount of items that will be reclassified to profit and loss 415.36 1,363.32
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 461.50 1,388.23



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 7,094.72
Adjustments for reconcile profit (loss)
Adjustments for finance costs 3,444.73
Adjustments for decrease (increase) in inventories 4,584.28
Adjustments for decrease (increase) in trade receivables, current (12,977.86)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 747.93
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 1,333.59
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 7,293.81
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 266.74
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 3,645.36
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 50.87
Adjustments for provisions, current 127.42
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 581.36
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 1,418.85
Adjustments for dividend income 0.00
Adjustments for interest income 151.29
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 302.22
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 10,668.01
Net cash flows from (used in) operations 17,762.73
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 1,640.35
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 16,122.38
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 2,997.68
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 292.63
Purchase of property, plant and equipment 5,565.97
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 670.09
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 350.55
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) investing activities (8,590.56)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 3,980.46
Repayments of borrowings 7,614.73
Payments of lease liabilities 885.92
Dividends paid 750.92
Interest paid 3,370.78
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 152.53
Net cash flows from (used in) financing activities (8,489.36)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (957.54)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.03
Net increase (decrease) in cash and cash equivalents (957.51)
Cash and cash equivalents cash flow statement at beginning of period 4,393.44
Cash and cash equivalents cash flow statement at end of period 3,435.93





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 M M NISSIM & CO LLP Yes 31-03-2028