Hle Glascoat Profile
Key Indicators
- Authorised Capital ₹ 20.60 Cr
- Paid Up Capital ₹ 13.65 Cr
- Company Age 33 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 913.75 Cr
- Satisfied Charges ₹ 117.38 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 five 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 ₹913.75 Cr. The company has closed loans amounting to ₹117.38 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
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Location
Anand, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
Industry
Who are the key members and board of directors at Hle Glascoat?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Himanshu Patel
|
Managing Director | 31-Dec-2016 | Current |
|
Achal Thakkar
|
Company Secretary | 10-May-2022 | Current |
| Naveen Kandpal | CFO | 01-Mar-2022 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Sandeep Randery
|
Director | 29-May-2017 | Current |
|
Vijayanti Punjabi
|
Director | 31-Dec-2016 | Current |
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Harsh Patel
|
Whole-Time Director | 31-Dec-2016 | Current |
|
Nilesh Patel
|
Director | 31-Dec-2016 | Current |
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Yatish Parekh
|
Director | 29-May-2017 | Current |
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Jayeshbhai Shah
|
Director | 03-Nov-2018 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Kinam Process Equipments Private LimitedHarsh Patel is a mutual person
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Kinam Engineering Industries Private LimitedHarsh Patel, Himanshu Patel and 1 more are mutual person
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Kinam Enterprise Private LimitedHarsh Patel is a mutual person
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Hle Engineers Private LimitedHarsh Patel, Nilesh Patel and 1 more are mutual person
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Yashashvi Rasayan Private LimitedHarsh Patel, Nilesh Patel and 1 more are mutual person
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Yash Speciality Chemicals LlpHarsh Patel is a mutual person
Charges (Loans)
₹913.75 Cr
₹117.38 Cr
Charges Breakdown by Lending Institutions
- Citi Bank N.A. : 294.30 Cr
- Hdfc Bank Limited : 261.95 Cr
- Others : 221.00 Cr
- State Bank Of India : 136.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Aug 2024 | Hdfc Bank Limited | ₹1.85 M | Open |
| 19 Feb 2024 | Hdfc Bank Limited | ₹1.27 M | Open |
| 23 Aug 2023 | Hdfc Bank Limited | ₹0.90 M | Open |
| 23 Aug 2023 | Hdfc Bank Limited | ₹2.24 M | Open |
| 22 Aug 2023 | Others | ₹82.00 Cr | Open |
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.
Deals i
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
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
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.
