HLE Glascoat (NSE:HLEGLAS) Gross Profit: ₹7,205 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:HLEGLAS HLE Glascoat Ltd NSE:HLEGLAS
92 GF Score
Price ₹379.60
GF Value ₹622.20
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is HLE Glascoat Gross Profit?

HLE Glascoat NSE:HLEGLAS -20.00% 92 Gross Profit is ₹7,205 Mil as of Mar. 2026. GuruFocus rates NSE:HLEGLAS with a GF Score™ of 92/100 and a GF Value™ of ₹622.20 (Significantly Undervalued). The stock has 4 warning signs investors should review.

HLE Glascoat's gross profit for the three months ended in Mar. 2026 was ₹2,111 Mil. HLE Glascoat's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was ₹7,205 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. HLE Glascoat's gross profit for the three months ended in Mar. 2026 was ₹2,111 Mil. HLE Glascoat's Revenue for the three months ended in Mar. 2026 was ₹3,917 Mil. Therefore, HLE Glascoat's Gross Margin % for the quarter that ended in Mar. 2026 was 53.89%.

HLE Glascoat had a gross margin of 53.89% for the quarter that ended in Mar. 2026 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of HLE Glascoat was 56.17%. The lowest was 40.50%. And the median was 49.04%.


HLE Glascoat  (NSE:HLEGLAS) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

HLE Glascoat had a gross margin of 53.89% for the quarter that ended in Mar. 2026 => Durable competitive advantage


HLE Glascoat Gross Profit Related Terms


HLE Glascoat Gross Profit Historical Data

* Premium members only.

The historical data trend for HLE Glascoat's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

HLE Glascoat Gross Profit Chart

HLE Glascoat Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,031.92 4,682.43 4,929.68 5,771.49 7,193.50

HLE Glascoat Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,733.29 1,558.34 1,780.92 1,754.84 2,110.84

NSE:HLEGLAS vs GEV, ETN, PH: Gross Profit Comparison

For the Specialty Industrial Machinery subindustry, HLE Glascoat's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


HLE Glascoat Gross Profit vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, HLE Glascoat's Gross Profit distribution charts can be found below:

* The bar in red indicates where HLE Glascoat's Gross Profit falls into.


NSE:HLEGLAS
92GF Score
HLE Glascoat Ltd NSE:HLEGLAS
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HLE Glascoat Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

HLE Glascoat's Gross Profit for the fiscal year that ended in Mar. 2026 is calculated as

Gross Profit (A: Mar. 2026 )=Revenue - Cost of Goods Sold
=13529.794 - 6336.298
=7,193

HLE Glascoat's Gross Profit for the quarter that ended in Mar. 2026 is calculated as

Gross Profit (Q: Mar. 2026 )=Revenue - Cost of Goods Sold
=3916.907 - 1806.068
=2,111

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹7,205 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

HLE Glascoat's Gross Margin % for the quarter that ended in Mar. 2026 is calculated as

Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=2,111 / 3916.907
=53.89 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of ₹7,205 Mil mean?
HLE Glascoat (NSE:HLEGLAS) has a Gross Profit of ₹7,205 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on HLE Glascoat and its competitors.
Is HLE Glascoat's Gross Profit too high?
HLE Glascoat's current Gross Profit is ₹7,205 Mil. Overall, HLE Glascoat has a GF Score™ of 92/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HLE Glascoat's Gross Profit compare to GEV and ETN?
HLE Glascoat's Gross Profit of ₹7,205 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for an Industrial Products company?
A good Gross Profit depends on the Industrial Products industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on HLE Glascoat and its competitors. HLE Glascoat's current Gross Profit is ₹7,205 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HLE Glascoat stock overvalued right now?
Based on GuruFocus' analysis, HLE Glascoat (NSE:HLEGLAS) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹622.20, compared to a current price of ₹379.60 — trading 39% below its estimated fair value. The current Gross Profit is ₹7,205 Mil. HLE Glascoat's overall GF Score™ is 92/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For HLE Glascoat (NSE:HLEGLAS), the current Gross Profit is ₹7,205 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is HLE Glascoat (NSE:HLEGLAS) Overvalued in 2026?

Based on GuruFocus' analysis, HLE Glascoat stock appears to be undervalued. The current stock price of ₹379.60 is trading 39% below its estimated GF Value™ of ₹622.20. GuruFocus considers HLE Glascoat to be Significantly Undervalued.

Key valuation signals for NSE:HLEGLAS:

  • Gross Profit: ₹7,205 Mil
  • GF Value™: ₹622.20 vs. price of ₹379.60 (39% below fair value)
  • GF Score™: 92/100 with 4 warning signs

No single metric tells the full story. See the NSE:HLEGLAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HLE Glascoat Business Description

Other Exchanges 522215:India
Address Vitthal Udyognagar, Phase - IV, H - 106, G.I.D.C. Estate, District Anand, Anand, GJ, IND, 388121
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.
92GF Score

Get the complete analysis for NSE:HLEGLAS

Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹379.60
Price
₹622.20
GF Value