HLE Glascoat Limited, a leading manufacturer of chemical process equipment, filtration, drying, heat transfer and glass lined equipment, has reported robust financial results for the quarter ended 30 June 2025, supported by a record order book and strong demand across business segments.

Operational Highlights

• Record order book of Rs 7.39 billion as of 30 June 2025, ensuring strong visibility for future performance.
• Continued focus on efficient working capital management and debt reduction to boost operational efficiency.
• Positive market response for the Thaletec range of glass lined products from reputed corporate clients in India.
• Awaiting final order from the Hon’ble NCLT, Ahmedabad Bench, for the approval of the Scheme of Amalgamation of Kinam Enterprise Private Limited with HLE Glascoat Limited.

• Revenue stood at Rs 2.84 billion, up 25.0 per cent year-on-year.
• EBITDA rose to Rs 398.46 million, up 68.6 per cent year-on-year, with a margin of 14.0 per cent.
• Profit After Tax (PAT) surged to Rs 178.65 million, marking a 229.6 per cent rise, with a PAT margin of 6.3 per cent.