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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
HLE Glascoat Ltd

HLE Glascoat Q2 FY27 Standalone Net Profit at Rs. 455.16 Lakhs

RESULTS ▼ Concern Flagged MEDIUM RISK
📅 Filed on BSE: 02 Nov 2026, 04:23 PM IST  ·  BSE ID: fb1cde04-f1b9-49d0-b41c-ad9cb65ed70d
View Original BSE Filing (PDF)
💡
In Simple Terms
HLE Glascoat's quarterly profit decreased, but the company plans a Rs. 45 crore expansion for a new manufacturing unit.
🤖 AI Summary
  • HLE Glascoat Ltd reported standalone net profit of Rs. 455.16 Lakhs for the quarter ended September 30, 2026.
  • Standalone revenue from operations for Q2 FY27 was Rs. 16,549.72 Lakhs, compared to Rs. 19,307.63 Lakhs in Q2 FY26.
  • Half-year standalone net profit for H1 FY27 stood at Rs. 1,563.11 Lakhs, down from Rs. 2,345.47 Lakhs in H1 FY26.
  • The Board approved a capital expenditure of up to Rs. 45 crores to establish a new heavy engineering unit in Adas, Gujarat.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Standalone Revenue from operations Q2 FY27
16,549.72 Lakhs
-14.28%
Standalone Profit for the period Q2 FY27
455.16 Lakhs
-58.91%
Standalone Basic EPS Q2 FY27
0.66 per share
-58.78%
Half Year Standalone Revenue from operations H1 FY27
31,637.81 Lakhs
-11.46%
Half Year Standalone Profit for the period H1 FY27
1,563.11 Lakhs
-33.43%
Capital Expenditure approved
45 crores
🏢 How This Affects the Company
📈
Business Impact
The approved capital expenditure for a new heavy engineering unit indicates an expansion of manufacturing capabilities and product offerings. This could broaden the company's market reach within heavy engineering.
💰
Financial Impact
The capital expenditure of up to Rs. 45 crores will require funding, potentially impacting cash flow or increasing borrowings in the short to medium term. Net profit for Q2 FY27 decreased compared to the prior year period.
⚙️
Operational Impact
Setting up a new manufacturing unit will increase the company's production capacity for heavy engineering and allied products. This expansion will involve planning, construction, and staffing of the new facility.
⚠️
Risk Impact
Undertaking a significant capital expenditure project introduces execution risk related to timely completion and cost management. Market demand for new products from the Adas unit will determine the return on this investment.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the reported financial performance, specifically the decline in Q2 FY27 net profit and revenue. The capital expenditure plan indicates future growth prospects.
🔍
Management Signal
Management is focusing on strategic long-term growth through capacity expansion in heavy engineering, despite a reported decline in short-term profitability.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Q3 FY27 results — monitor revenue and profit trends.
Updates on the new Adas unit — look for commencement of construction.
Capital expenditure funding details — identify source of Rs. 45 crores.
MEDIUM RISK Revenue and profit decline in Q2 FY27, combined with significant capital expenditure plans, introduce execution and market demand risks.
💡 Investor Takeaway
HLE Glascoat reported Q2 FY27 standalone net profit of Rs. 455.16 Lakhs, a decrease from Rs. 1,107.95 Lakhs in Q2 FY26. Revenue from operations also declined to Rs. 16,549.72 Lakhs from Rs. 19,307.63 Lakhs. The Board approved capital expenditure of up to Rs. 45 crores for a new manufacturing unit.
⚖️ Strengths & Concerns

✅ Positives

  • Board approval for capital expenditure of up to Rs. 45 crores signifies a commitment to capacity expansion and new product lines.
  • Total assets increased to Rs. 98,437.45 Lakhs as of September 30, 2026, from Rs. 90,663.44 Lakhs as of March 31, 2026.

⚠️ Concerns

  • Standalone net profit for Q2 FY27 decreased to Rs. 455.16 Lakhs from Rs. 1,107.95 Lakhs in Q2 FY26.
  • Standalone revenue from operations for Q2 FY27 was Rs. 16,549.72 Lakhs, a decline from Rs. 19,307.63 Lakhs in Q2 FY26.
📅 Company Track Record
In October 2026, HLE Glascoat informed BSE about the Board meeting to approve Q2 FY27 financial results on November 02, 2026. This filing confirms the approval and release of those results, along with the announcement of new capital expenditure.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What was HLE Glascoat's standalone net profit for Q2 FY27?
HLE Glascoat Ltd reported a standalone net profit of Rs. 455.16 Lakhs for the quarter ended September 30, 2026 (Q2 FY27).
What was HLE Glascoat's standalone revenue from operations in Q2 FY27?
The standalone revenue from operations for HLE Glascoat in Q2 FY27 was Rs. 16,549.72 Lakhs.
What capital expenditure plan did HLE Glascoat's Board approve?
The Board approved capital expenditure of up to Rs. 45 crores to establish a new unit at Adas, Dist. Anand, Gujarat, for heavy engineering and allied products.
How does H1 FY27 standalone net profit compare to H1 FY26 for HLE Glascoat?
Standalone net profit for the half year ended September 30, 2026 (H1 FY27) was Rs. 1,563.11 Lakhs, compared to Rs. 2,345.47 Lakhs in the prior half-year period (H1 FY26).

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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