ScoreWhy is HLE Glascoat Ltd ?
1
High Management Efficiency with a high ROCE of 20.57%
2
Poor long term growth as Operating profit has grown by an annual rate 12.82% of over the last 5 years
3
The company has declared Positive results for the last 3 consecutive quarters
- PAT(9M) At Rs 49.33 cr has Grown at 89.60%
- NET SALES(9M) At Rs 968.44 cr has Grown at 25.81%
- DEBT-EQUITY RATIO(HY) Lowest at 0.75 times
4
With ROCE of 14.7, it has a Fair valuation with a 4.3 Enterprise value to Capital Employed
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 12.58%, its profits have risen by 83.5% ; the PEG ratio of the company is 0.7
5
Majority shareholders : Promoters
6
Market Beating Performance
- The stock has generated a return of 12.58% in the last 1 year, much higher than market (BSE500) returns of 2.35%
Real-Time Research ReportHow much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Industrial Manufacturing)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is HLE Glascoat for you?
High Risk, Medium Return
Absolute
Risk Adjusted
Volatility
HLE Glascoat
-2.98%
0.22
57.17%
Sensex
-4.3%
0.44
11.83%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
23.65%
EBIT Growth (5y)
8.75%
EBIT to Interest (avg)
4.63
Debt to EBITDA (avg)
2.25
Net Debt to Equity (avg)
0.63
Sales to Capital Employed (avg)
1.49
Tax Ratio
17.90%
Dividend Payout Ratio
25.29%
Pledged Shares
0
Institutional Holding
6.62%
ROCE (avg)
20.91%
ROE (avg)
17.51%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
34
Industry P/E
31
Price to Book Value
3.68
EV to EBIT
19.13
EV to EBITDA
14.69
EV to Capital Employed
2.65
EV to Sales
1.69
PEG Ratio
0.59
Dividend Yield
0.40%
ROCE (Latest)
14.70%
ROE (Latest)
11.40%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
Bullish
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend12What is working for the Company
PAT(9M)
At Rs 35.00 cr has Grown at 42.41%
NET SALES(Latest six months)
At Rs 677.35 cr has Grown at 45.10%
DEBT-EQUITY RATIO(HY)
Lowest at 0.75 times
CASH AND CASH EQUIVALENTS(HY)
Highest at Rs 62.50 cr
-14What is not working for the Company
PAT(Q)
At Rs 6.01 cr has Fallen at -58.4% (vs previous 4Q average
OPERATING PROFIT TO INTEREST (Q)
Lowest at 2.68 times
PBDIT(Q)
Lowest at Rs 21.10 cr.
OPERATING PROFIT TO NET SALES (Q)
Lowest at 6.46%
PBT LESS OI(Q)
Lowest at Rs 3.34 cr.
NON-OPERATING INCOME(Q)
is 51.10 % of Profit Before Tax (PBT
EPS(Q)
Lowest at Rs 0.41
Loading Valuation Snapshot...
Here's what is working for HLE Glascoat
Net Sales - Latest six months
At Rs 677.35 cr has Grown at 45.10%
Year on Year (YoY)MOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Debt-Equity Ratio - Half Yearly
Lowest at 0.75 times and Fallen
each half year in the last five half yearly periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Cash and Cash Equivalents - Half Yearly
Highest at Rs 62.50 cr
in the last six half yearly periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Here's what is not working for HLE Glascoat
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 3.34 cr has Fallen at -84.4% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 21.35 CrMOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 6.01 cr has Fallen at -58.4% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 14.46 CrMOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Operating Profit to Interest - Quarterly
Lowest at 2.68 times
in the last five quartersMOJO Watch
The company's ability to manage interest payments is deteriorating
Operating Profit to Interest
Operating Profit (PBDIT) - Quarterly
Lowest at Rs 21.10 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (Rs Cr)
Operating Profit Margin - Quarterly
Lowest at 6.46%
in the last five quartersMOJO Watch
Company's efficiency has deteriorated
Operating Profit to Sales
Profit Before Tax less Other Income (PBT) - Quarterly
Lowest at Rs 3.34 cr.
in the last five quartersMOJO Watch
Near term PBT trend is negative
PBT less Other Income (Rs Cr)
Non Operating Income - Quarterly
is 51.10 % of Profit Before Tax (PBT)
MOJO Watch
The company's income from non business activities is high; which is not a sustainable business model
Non Operating Income to PBT
Earnings per Share (EPS) - Quarterly
Lowest at Rs 0.41
in the last five quartersMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (Rs)
Non Operating Income - Quarterly
Highest at Rs 3.49 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income
