HLE Glascoat reports Rs 13.46 cr standalone Q4FY26 profit
Interest costs exceeded other income, while management pointed to a Rs 78 cr order book as visibility for FY27.
Filed 12 Aug 2026, 12:43 IST · HLEGLAS (HLEGLAS)
Key takeaways
- Standalone Q4FY26 operating profit of Rs 26.99 cr converted revenue of Rs 201.54 cr into a 13.39% operating margin.
- Interest expense of Rs 6.86 cr exceeded other income of Rs 2.51 cr, while the 24.78% tax rate took net profit to Rs 13.46 cr.
- Management said the Rs 78 cr order book provides FY27 visibility and a stable base for profitable plant operations.
Operating profit converted to Rs 13.46 cr net profit
HLE Glascoat's standalone Q4FY26 revenue of Rs 201.54 cr translated into operating profit of Rs 26.99 cr and net profit of Rs 13.46 cr. Interest of Rs 6.86 cr and depreciation of Rs 4.74 cr reduced operating profit before tax, after which tax at 24.78% further lowered profit available to shareholders. EPS was Rs 1.95.
Financing cost was a larger offset than other income
Interest expense of Rs 6.86 cr was higher than other income of Rs 2.51 cr, so non-operating income did not offset the financing charge. The standalone operating margin was 13.39%, with no quarter-on-quarter or year-on-year comparison in this release to identify a margin direction.
Rs 78 cr order book supports management's FY27 visibility
Management said the current order book of around Rs 78 cr is split between tanks and silos and architectural panels, providing visibility for FY27 and a stable base for profitable plant operations. The company said the tanks and silos business is expected to grow through a focus on renewable products and wider sales geographies. Management also said it is establishing Omeras India to support German operations and address Indian renewable-energy and water projects.
Q4FY26 at a glance
Standalone figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q4FY26 |
|---|---|
| Revenue | ₹202 cr |
| Other income | ₹3 cr |
| Expenses | ₹175 cr |
| Operating profit | ₹27 cr |
| Operating margin (%) | 13.39% |
| Interest | ₹7 cr |
| Depreciation | ₹5 cr |
| Profit before tax | ₹18 cr |
| Tax | ₹4 cr |
| Net profit | ₹13 cr |
| EPS (₹) | ₹1.95 |
What management said
From the company’s own investor presentation. Each point is checked against the source document before it appears here.
Guidance & outlook
- The current order book of around ₹78 Cr provides visibility for FY27 and a stable base for profitable plant operations.
- The tanks and silos business is expected to grow through renewable product focus and expanded sales geographies.
Expansion
- The company is taking steps to establish Omeras India as a division to support German operations and serve Indian renewable energy and water projects.
New orders
- The company reports a current order book of around ₹78 Cr, split between tanks and silos and architectural panels.
- A large project order covered 327 pieces of equipment in a single order.
New initiatives
- The company is establishing Omeras India to address emerging renewable energy and water markets where large Indian corporate projects have been announced.
What to watch
- Whether standalone operating margin holds near 13.39%.
- Conversion of the Rs 78 cr order book into revenue and profitable plant operations.
- Progress in Omeras India's stated support for German operations and Indian renewable-energy and water projects.