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HLE Glascoat Ltd consolidated sales down 23.22% on year in Q2FY2026, net profit tanked by 89.82%
10-Aug-2026, 08:45
HLE Glascoat Ltd share price gained 2.52% to Rs 466.45. The Company's net profit tumbled by 89.82% to Rs 2.05 crore, while revenue from operations dropped sharply 23.22% to Rs 300.75 crore in Q2FY26 over Q1FY26. The market capitalization of Industrial Products industry group stocks on BSE stood at Rs 2.77 lakh crore, easing 5.67%. It has marginally improved by 3.57% over last one week and surged by 38.24% in last one month while the market capitalization of HLE Glascoat Ltd has edged up by 12.52% and 46.56% in the same period respectively. Profit before tax (PBT) of HLE Glascoat Ltd stood at Rs 4.37 crore in Q2 FY26, tumbling by 80.91% year-on-year, and nosediving by 82.69% quarter-on-quarter. EBITDA came in at Rs 19 crore, plunging by 45.60% YoY and tanking 53.91% sequentially. Total expenses contracted by 19.18% to Rs 289.72 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 135.02 crore, declining 16.84% YoY, while employee benefits expense was at Rs 74.71 crore, ticking higher by 0.80% YoY. For the TTM ended FY26, revenue from operations inched higher 6.16% to Rs 1027.59 crore, while net profit jumped 51.06% to Rs 61.77 crore, compared to previous TTM. EBITDA surged by 10560% to Rs 126.21 crore, and PBT witnessed a strong rise of 27.93% to Rs 75.07 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 134.36 crore in FY26, as against Rs 94.73 crore in FY25. HLE Glascoat Ltd rallied 9.02% in last one year, significantly outperforming the benchmark BSE Sensex which has softened by 2.63% during the same period.