HLE Glascoat Limited reported robust Q1 2025-26 results with consolidated revenue up 25.05% YoY to ₹28,394.68 lakhs and profit soaring 229.60% to ₹1,786.50 lakhs. Standalone performance showed even stronger growth. The company declared a dividend of ₹1.10 per share for FY 2024-25. The 34th AGM is scheduled for September 26, 2025, via VC/OAVM. Additionally, its German subsidiary Thaletec GmbH acquired HLE Surface Technologies GmbH on July 28, 2025.
28Jul 25
HLE Glascoat Expands Global Footprint with German Subsidiary Acquisition
HLE Glascoat Limited's wholly-owned subsidiary, Thaletec GmbH, has acquired 100% equity share capital of HLE Surface Technologies GmbH for 29,000 Euros. The acquisition, completed on July 28, 2025, aims to expand HLE Glascoat's product portfolio in surface technologies, access German engineering capabilities, and strengthen its European market presence. HLE Surface Technologies GmbH, based in Thale, Germany, specializes in manufacturing engineering equipment and was incorporated on April 30, 2025, with a paid-up share capital of 25,000 Euros.
28Jul 25
HLE Glascoat's German Subsidiary Expands with Strategic Acquisition
HLE Glascoat Limited's German subsidiary, Thaletec GmbH, has acquired HLE Surface Technologies GmbH for 29,000 Euros. The acquisition involves 25,000 shares, representing 100% of the equity share capital. HLE Surface Technologies, formerly Blitz F25-14 GmbH, is a recently incorporated engineering equipment manufacturer in Thale, Germany. This strategic move aims to strengthen HLE Glascoat's European market presence and enhance its capabilities in the engineering equipment sector. The acquisition makes HLE Surface Technologies a wholly owned step-down subsidiary of HLE Glascoat Limited.
20May 25
HLE Glascoat Reports Robust Q4 Results with 104% Profit Surge
HLE Glascoat Limited announced its Q4 financial results, showing a significant improvement in profitability. The company's consolidated net profit soared by 104% to ₹20.30 crore, up from ₹9.93 crore in the same quarter last year. Revenue increased by 6.45% to ₹330.00 crore. Operating Profit Margin improved to 11.10% from 8.88%. The company recommended a dividend of ₹1.10 per equity share. Despite strong Q4 performance, full-year net profit declined from the previous year.
HLE Glascoat, a leading glass-lined equipment manufacturer, posted impressive Q4 results. Net profit soared 104.40% year-over-year to ₹203.00 million. Revenue increased to ₹3.30 billion, up 6.50% from the previous year. EBITDA rose 42.50% to ₹520.00 million, with EBITDA margin expanding to 15.58%. The company announced a dividend of ₹1.10 per equity share.