HLE Glascoat reports strong Q2 FY26 revenue growth

HLE Glascoat Limited announced strong financial results for Q2 FY26, with revenue from operations reaching ₹35,077.5 Lakhs, a 48.8% year-over-year increase. EBITDA for the quarter stood at ₹4,016.0 Lakhs, up 13.2% year-over-year, while PAT was ₹1,395.7 Lakhs, reflecting a -3.2% year-over-year change. The company's order book as of September 30, 2025, provides a healthy visibility of ₹72,221.6 Lakhs, with approximately 9 months for international business and 5 months for Indian business.

The company's strategic initiatives include the acquisition of the global business of Omeras GmbH and shares of Omerastore GmbH by Thaletec GmbH through its WOS HLE Surface Technologies GmbH. Additionally, the amalgamation of Kinam Enterprise Pvt. Ltd. with HLE Glascoat Ltd was completed. These actions are expected to fuel continued growth and strengthen HLE Glascoat's market position as a leading manufacturer of specialized processing equipment for chemical and pharmaceutical industries. For H1 FY26, revenue from operations grew 37.1% to ₹63,472.2 Lakhs, EBITDA increased by 35.3% to ₹8,000.6 Lakhs, and PAT surged by 60.4% to ₹3,182.2 Lakhs.