Hle Glascoat Limited

Manufactures glass-lined equipment and accessories for various industries.

1991 | Anand, Gujarat (India) | Active
Last Updated:

Hle Glascoat Profile

Key Indicators

  • Authorised Capital ₹ 20.60 Cr
  • Paid Up Capital ₹ 13.65 Cr
  • Company Age 33 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 777.25 Cr
  • Satisfied Charges ₹ 253.88 Cr
  • Revenue Growth 26.57%
  • Profit Growth -11.89%
  • Ebitda 8.19%
  • Net Worth 16.92%
  • Total Assets 19.34%

About Hle Glascoat

Hle Glascoat Limited (HGL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 August 1991 and has a history of 33 years and six months. Its registered office is in Anand, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 522215 and on the National Stock Exchange(NSE) under HLEGLAS.

The Corporate was formerly known as Swiss Glascoat Equipments Limited. The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 20.60 Cr and a paid-up capital of Rs 13.65 Cr.

The company currently has active open charges totaling ₹777.25 Cr. The company has closed loans amounting to ₹253.88 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Hle Glascoat Limited India are Achal Thakkar as COMPANY SECRETARY and Naveen Kandpal as Cfo. Harsh Patel, Nilesh Patel, Yatish Parekh, and Five other members serve as directors at the Company.

Company Details

  • Location

    Anand, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L26100GJ1991PLC016173

  • Company No.

    016173

  • Stock Symbol

    BSE : 522215 NSE : HLEGLAS

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Aug 1991

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

Who are the key members and board of directors at Hle Glascoat?

Executive Team (3)

NameDesignationAppointment DateStatus
Himanshu Patel Country flag representing In Managing Director31-Dec-2016Current
Achal Thakkar Country flag representing In Company Secretary10-May-2022Current
Naveen Kandpal CFO01-Mar-2022Current

Board Members (7)

NameDesignationAppointment DateStatus
Sandeep Randery Country flag representing In Director 29-May-2017Current
Vijayanti Punjabi Country flag representing In Director 31-Dec-2016Current
Harsh Patel Country flag representing In Whole-Time Director 31-Dec-2016Current
Nilesh Patel Country flag representing In Director 31-Dec-2016Current
Yatish Parekh Country flag representing In Director 29-May-2017Current
Jayeshbhai Shah Country flag representing In Director 03-Nov-2018Current

Financial Performance of Hle Glascoat.

Hle Glascoat Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.57% increase. The company also saw a substantial fall in profitability, with a 11.89% decrease in profit. The company's net worth Soared by an impressive increase of 16.92%.

Hle Glascoat revenue growth over time
Hle Glascoat profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
26.57%
Revenue from Operations
27.72%
Total Assets
19.34%
Profit or Loss
-11.89%
Net Worth
16.92%
EBITDA
8.19%

What is the Ownership and Shareholding Structure of Hle Glascoat?

In 2022, Hle Glascoat had a promoter holding of 70.32% and a public holding of 29.68%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹777.25 Cr

Satisfied Charges

₹253.88 Cr

Charges Breakdown by Lending Institutions

  • Citi Bank N.A. : 294.30 Cr
  • Hdfc Bank Limited : 261.95 Cr
  • Others : 221.00 Cr

Latest Charge Details

DateLenderAmountStatus
27 Aug 2024Hdfc Bank Limited₹1.85 MOpen
19 Feb 2024Hdfc Bank Limited₹1.27 MOpen
23 Aug 2023Hdfc Bank Limited₹0.90 MOpen
23 Aug 2023Hdfc Bank Limited₹2.24 MOpen
22 Aug 2023Others₹82.00 CrOpen

How Many Employees Work at Hle Glascoat?

Hle Glascoat has a workforce of 709 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Hle Glascoat Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hle Glascoat, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Hle Glascoat's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Hle Glascoat

Recent activity within the organization

  • Charges

    A charge registered on 28 Sep 2005 via Charge ID 90096996 with State Bank Of India was fully satisfied on 05 Nov 2024.

  • Charges

    A charge registered on 23 Jul 2005 via Charge ID 90100079 with State Bank Of India was fully satisfied on 05 Nov 2024.

  • Annual General Meeting

    Hle Glascoat Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.19 Cr with Charge ID 100969852 was registered on 27 Aug 2024.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 181.70 Cr registered on 28 Sep 2007 with Charge ID 10086487 was modified on 19 Jul 2024.

  • Charges

    A charge with Others of Rs. 82.00 Cr registered on 22 Aug 2023 with Charge ID 100776206 was modified on 18 Jul 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Hle Glascoat Limited?

    Hle Glascoat Limited was incorporated on 26 Aug 1991.

  • What is authorized share capital and paid-up capital of Hle Glascoat Limited?

    The authorized share capital of Hle Glascoat Limited is ₹ 20.60 Cr and paid-up capital is ₹ 13.65 Cr.

  • Who are the current board members & directors of Hle Glascoat Limited?

    Currently 10 directors are associated with Hle Glascoat Limited.

    • Harsh Himanshubhai Patel
    • Nilesh Khushalbhai Patel
    • Yatish Chandrakant Parekh
    • Himanshu Khushalbhai Patel
    • Jayeshbhai Vastupal Shah
    • Aalap Nileshbhai Patel
    • Vijayanti Punjabi
    • Sandeep Dipak Randery
    • Achal Sureshchandra Thakkar
    • Naveen Kandpal

  • What is the registered address of Hle Glascoat Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Hle Glascoat Limited is H-106 Gidc Estate, Vithal Udyognagar India, Gujarat, 388121.

  • What is the corporate identification number (CIN) and company number of Hle Glascoat Limited?

    The corporate identification number (CIN) of Hle Glascoat Limited is L26100GJ1991PLC016173 and the company number is 016173 as per Ministry of Corporate Affairs (MCA).

  • Is Hle Glascoat Limited registered with any stock exchange in India?

    Yes, Hle Glascoat Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): HLEGLAS.

  • What is the official website of Hle Glascoat Limited?

    The Official website of Hle Glascoat Limited is https://www.glascoat.com

  • What has been the recent revenue trend for Hle Glascoat Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Hle Glascoat Limited has risen by 26.57%.

  • How many employees does Hle Glascoat Limited currently have?

    As Per 2023 financial reports, 709 employees are currently employed by Hle Glascoat Limited.

  • What change has been observed in the net worth of Hle Glascoat Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Hle Glascoat Limited has experienced an upsurge of 16.92%.

  • What are the total open charges for Hle Glascoat Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Hle Glascoat Limited amount to ₹ 777.25 Cr.

  • When was the last Balance Sheet of Hle Glascoat Limited filed with the ROC?

    The most recent Balance Sheet for Hle Glascoat Limited was filed with the ROC on 31 Mar 2024.

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