HLE Glascoat Ltd

HLEGLAS

Company Profile

  • Business description

    HLE Glascoat Ltd is a process equipment manufacturer and a solution provider to the chemical and pharmaceutical industries. The company mainly manufactures filtration, glass-lined, and drying equipment. Its product portfolio comprises reactors, receivers, storage tanks, columns, agitators, agitated filters and dryers, rotary vacuum paddle dryers, other chemical process equipment, and related spares and accessories. The company's operating segments are: Filtration, drying and other equipment; Glass-lined equipment; and Heat transfer equipment. Maximum revenue is generated from its glass-lined equipment business. Geographically, the company generates maximum revenue from its business in India, and also exports its products to other markets.

  • Contact

    Vitthal Udyognagar, Phase - IV
    H - 106, G.I.D.C. Estate
    District Anand
    AnandGJ388121
    IND

    T: +91 2692236842

    https://www.hleglascoat.com

  • Sector

    Industrials

    Stock type

    Sensitive

  • Industry

    Specialty Industrial Machinery

    Fiscal Year End

    31 March 2027

    Employees

    2,044

Stocks News & Analysis

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Investors punish this ASX player after acquisition

We think the floundering stock price is not reflective of underlying asset value.
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Revenue growth on track for undervalued ASX healthcare stock

Near-term cost growth does not change our long-term view.
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Sales shine but broader macro outlook darkens for this ASX share

US stores are struggling, but our investment thesis hinges on the Australian rollout.

Morningstar Investment Ideas

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