| Metric | Value (₹ Cr) | Q3 FY26 | Q4 FY25 |
|---|---|---|---|
| Revenue | 391.69 | 19.9% | 17.4% |
| Total Income | 392.80 | 19.0% | 16.9% |
| Expenditure | 367.12 | 13.6% | 22.9% |
| PBT | 25.25 | 591.4% | 32.1% |
| Net Profit | 20.14 | 338.0% | 36.3% |
| OPM | 10.82% | 5.33pp | 4.76pp |
| NPM | 5.13% | 3.74pp | 4.29pp |
| EPS | 2.65 | 546.3% | 42.9% |
HLE Glascoat FY26 Revenue Up 31.7% to ₹1,353 Cr
19 May 2026 · 19 May, 2:18 pm
Summary
HLE Glascoat Limited reported a resilient financial performance for FY26, with consolidated revenue from operations surging by 31.7% year-on-year to ₹1,353.0 crore. The full-year EBITDA grew by 5.4% to ₹148.5 crore, achieving an 11.0% margin. Profit After Tax for FY26 was ₹56.6 crore, impacted by losses from the recently acquired Omeras business, resulting in an 8.4% decline year-on-year. Managing Director Mr. Himanshu K. Patel commented on the strong close to FY26, highlighting healthy demand, disciplined execution, and strategic expansions that position the company for future growth, anticipating meaningful cross-selling opportunities and long-term value creation from recent acquisitions.
Key Highlights
- 1
Consolidated Revenue from Operations for FY26 reached ₹1,353.0 crore, demonstrating a robust year-on-year growth of 31.7%.
- 2
EBITDA for FY26 stood at ₹148.5 crore, reflecting a 5.4% year-on-year growth, with an EBITDA margin of 11.0%.
- 3
Profit After Tax (PAT) for FY26 was ₹56.6 crore, yielding a PAT margin of 4.2%, despite an 8.4% decline compared to the previous year.
- 4
Q4 FY26 consolidated revenue from contracts with customers increased by 17.4% year-on-year to ₹391.7 crore, while PAT for the quarter was ₹20.1 crore.
- 5
The company maintains a strong orderbook of ₹681.6 crore as on March 31, 2026, providing significant visibility for future performance.
- 6
During Q4 FY26, HLE Glascoat incorporated a wholly owned subsidiary, HLE International S.a.r.l., in the Grand Duchy of Luxembourg.
- 7
The financial performance for FY26 includes an EBITDA loss of ₹15.3 crore and a PAT loss of ₹15.6 crore attributable to the recently acquired Omeras business.
Management Comments
Himanshu K. Patel
We are pleased to report a strong close to FY26, with Q4 and the full year reflecting solid momentum across both standalone and consolidated operations. The year was driven by healthy demand, disciplined execution, improved scale in core businesses, and meaningful progress on strategic expansions, positioning us well for future growth. Our results underscore the strength of our diversified model, enhanced execution capabilities, and sustained demand across key end-user industries, underpinned by operational discipline and focused customer engagement. During the year, we strengthened our strategic platform through the integration of recent acquisitions. The acquisition of Omeras in Germany expanded our presence into Glass Fused Steel products, opening new opportunities in Biogas Digestors, Large Storage Tanks, and Architectural Facades, thereby enhancing our portfolio and global reach. We remain confident that the integration benefits from recent acquisitions will create meaningful cross-selling opportunities, operational synergies, and long-term value creation. On a consolidated basis, Q4 FY26 revenue stood at ₹391.7 Cr, EBITDA at ₹43.9 Cr with an EBITDA margin of 11.2%, and PAT at ₹20.1 Cr. Full-year FY26 consolidated revenue was ₹1,353.0 Cr, EBITDA ₹148.5 Cr with a margin of 11.0%, and PAT ₹56.6 Cr. These results demonstrate our resilience, scale benefits, and ability to delive
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