HLE Glascoat (NSE:HLEGLAS) Net Income: ₹478 Mil (TTM As of Mar. 2026)

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NSE:HLEGLAS HLE Glascoat Ltd NSE:HLEGLAS
92 GF Score
Price ₹379.60
GF Value ₹622.20
Valuation Significantly Undervalued
! 4 Warning Signs
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What is HLE Glascoat Net Income?

HLE Glascoat NSE:HLEGLAS -20.00% 92 Net Income is ₹478 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.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. HLE Glascoat's Net Income for the three months ended in Mar. 2026 was ₹182 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹478 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. HLE Glascoat's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was ₹2.65.


HLE Glascoat  (NSE:HLEGLAS) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

HLE Glascoat's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2026 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


HLE Glascoat Net Income Related Terms


HLE Glascoat Net Income Historical Data

* Premium members only.

The historical data trend for HLE Glascoat's Net Income 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 Net Income Chart

HLE Glascoat Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 581.69 698.14 296.87 548.52 494.24

HLE Glascoat Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Income 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 273.41 147.62 119.87 28.33 181.87
NSE:HLEGLAS
92GF Score
HLE Glascoat Ltd NSE:HLEGLAS
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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HLE Glascoat Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

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

Net Income(A: Mar. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=709.472+-143.815+0+-71.416
=494

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

Net Income(Q: Mar. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=252.485+-51.046+0+-19.569
=182

Net Income 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 ₹478 Mil.

* 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.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of ₹478 Mil mean?
HLE Glascoat (NSE:HLEGLAS) has a Net Income of ₹478 Mil as of Mar. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on HLE Glascoat and its competitors.
Is HLE Glascoat's Net Income too high?
HLE Glascoat's current Net Income is ₹478 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 Net Income compare to GEV and ETN?
HLE Glascoat's Net Income of ₹478 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 Net Income for an Industrial Products company?
A good Net Income depends on the Industrial Products industry context. However, Net Income 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 Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on HLE Glascoat and its competitors. HLE Glascoat's current Net Income is ₹478 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 Net Income is ₹478 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 Net Income calculated?
Net Income is calculated from a company's financial statements. For HLE Glascoat (NSE:HLEGLAS), the current Net Income is ₹478 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:

  • Net Income: ₹478 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

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

₹379.60
Price
₹622.20
GF Value