₹333.5
+4.69% today
· 30d -28.28%
as of 2026-09-04
Price · Daily Candles
“HLEGLAS: Annual Revenue Surges 31.67%, Yet Q4 Net Profit Plunges 36.34% Amidst Valuation Concerns”
HLEGLAS reported robust annual revenue growth of 31.67% to ₹1353 Cr and a 3-year revenue CAGR of 12.91%. However, Q4FY26 saw a significant 36.34% decline in net profit YoY, bringing the TTM PE to 46.1 and a PB of 4.27, suggesting a stretched valuation compared to its intrinsic value of ₹159.4 per share.
BULL CASE
+Annual revenue surged 31.67% to ₹1353 Cr in FY26, demonstrating strong top-line expansion.
+Promoter shareholding remained stable at 65.64% in Q4FY26, indicating continued insider confidence.
+DIIs increased their stake by 0.39% QoQ, holding 4.87% as of March 2026.
+The 5-year revenue CAGR stands at 22.6%, showcasing consistent long-term growth.
BEAR CASE
−Q4FY26 net profit fell sharply by 36.34% YoY to ₹20 Cr, despite a 17.38% increase in revenue.
−The stock is trading at a PE of 46.1 and PB of 4.27, significantly higher than its intrinsic value of ₹159.4 per share.
−Operating profit in Q4FY26 declined by 19.0% YoY, with OPM dropping by 4.96 points.
−The stock is down 31.35% over the last 6 months and 8.19% over the past year.
⟳ What Changed
₹ Latest Earnings · Q ending 2026-03-31
REVENUE
₹392 Cr
+17.38% YoY
NET PROFIT
₹20 Cr
-36.34% YoY
OPM
11.19%
-4.96pp YoY
EPS
₹2.65
PE 46.1
Intrinsic value · DCF: N/A — ML model predicts severe Δ FCF compression (h1=-50.0%, h2=-50.0%, h3=-50.0% of mktcap), driving projected FCF negative by year 3 despite healthy current FCF. Treating as forecast outlier rather than reporting a misleading ₹0 valuation. Use the Strategy Fit and ML sections instead.
◇ Sector Position
HLEGLAS, with a PE of 46.1 and ROCE of 12.0%, trades at a lower valuation than high-performers like CUMMINSIND (PE 75.1, ROCE 35.32%) but offers better profitability than BHEL (PE 90.9, ROCE 4.83%).
PEERPEROCE %
HLEGLAS46.112.0
+ 2 more peers — sign in to view
ML Forward Growth Predictions 🔒
43
SCORE / 100
Overall
6-axis composite of the sections below.
Performance
UNDERPERFORMER
5
Valuation
FAIR
40
Growth
STEADY
57
Profitability
DECENT
58
Technicals
WEAK
47
Risk
MODERATE
50
Key Stats
TTM PE
46.1
P/B
4.27
52W HIGH
₹661.95
OFF HIGH
-49.62%
DIV YIELD
0.33%
MKT CAP
₹2312 Cr
◉ Active Signals
MACDNeutral2.9334
RSI(14)Neutral45.09
⧉ Strategy Fit 🔒