Case study

HLEGLAS

HLE Glascoat

High-risk on the numbers1y model -22.9%

Each stock's 10,000-path forecast, rendered as light.

0Score

HLE Glascoat (HLEGLAS) Stock Analysis & Case Study

Is HLEGLAS a good buy? The data-driven verdict.

HLE Glascoat (HLEGLAS) trades at ₹396,on the numbers it high-risk on the numbers, a Downstox Snapshot Score of 22/100.

On the numbers, HLE Glascoat (HLEGLAS) high-risk on the numbers, a Downstox Snapshot Score of 22/100, weighing expensive at 51.4× earnings, ROE of 10.8%, a 30% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 20272031.

Last updated . Data snapshot for research, not investment advice.

HLEGLAS fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹2,749 Cr
Current price
₹396
P/E ratio
51.4×
P/B ratio
5.15×
Book value
₹77
Dividend yield
0.28%
ROCE
11.8%
ROE
10.8%
Piotroski F-Score
4/9

Is HLEGLAS overvalued? HLEGLAS P/E vs its sector

HLEGLAS's P/E of 51.4× sits above the sector peer median of 15.9×, so on earnings it screens richer than peers, while its 0.28% dividend yield is below the peer median of 1.65%.

HLEGLAS P/E
51.4×
Peer median P/E
15.9×
HLEGLAS div yield
0.28%
Peer median yield
1.65%

HLEGLAS share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 2.0y of HLEGLAS history (-12%/yr drift, 50%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
HLEGLAS 2027₹151₹289₹555-23%
HLEGLAS 2028₹91₹225₹559-40%
HLEGLAS 2029₹58₹176₹547-53%
HLEGLAS 2030₹39₹140₹511-63%
HLEGLAS 2031₹26₹108₹453-71%

Median (P50) is the central estimate; the P10–P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability HLEGLAS goes up, or doubles?

30%
Higher in 1 year
Modelled chance the price is above today in 12 months
13%
Higher in 5 years
Modelled chance the price is above today in 5 years
4%
Doubles in 5 years
Modelled chance of reaching ₹750 within 5 years

The bull case for HLEGLAS

  • HLE Glascoat is part of the nifty500 universe with live, tracked fundamentals on Downstox.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹547.

The bear case & risks

  • A rich 51.4× P/E leaves a thin margin of safety if growth slows.
  • Return on equity is a soft 10.8%, capital efficiency trails higher-quality peers.
  • The probability model is cautious 12 months out, only a 30% chance of finishing above today's price.
  • High historical volatility (50%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹58.

HLEGLAS volatility & expected range, how bumpy is the ride?

Over the last 2.0 years HLEGLAS compounded at -12%/year with annualized volatility of 50%. That volatility implies a 1-year 80% range of ₹151₹555, the honest backbone behind any single price target.

HLEGLAS price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 2.0 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
22.9%
80% range₹151–₹555
P(price ↑)30%
P(price 2×)3%
3-Year Forecast
2029
₹0
Median (P50)
53.0%
80% range₹58–₹547
P(price ↑)20%
P(price 2×)5%
5-Year Forecast
2031
₹0
Median (P50)
71.1%
80% range₹26–₹453
P(price ↑)13%
P(price 2×)4%

HLEGLAS price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
HLEGLAS simulated paths · 60 months · 10,000 trials
P10–P90 (80%)P25–P75 (50%)Median (P50)

Probability of key outcomes

What are the odds HLEGLAS hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the HLEGLAS price target & forecast page.

HLEGLAS Piotroski F-Score: 4/9, how financially strong is it?

4/9

The Piotroski F-Score grades financial strength on nine profitability, leverage and efficiency checks. HLEGLAS scores 4/9,mixed financial health.

HLEGLAS MTF margin & leverage, Upstox, Zerodha, Groww, Dhan

Margin Trading Facility lets you buy HLEGLAS with part of the capital. Lower margin % = higher leverage. Rates compared across brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
UpstoxCHEAPEST38.9%2.6×
ZerodhaCHEAPEST38.9%2.6×
DhanCHEAPEST38.9%2.6×

Compare every broker on the HLEGLAS MTF page.

HLEGLAS vs peers,sector comparison

StockP/EDiv yieldMarket cap
HLEGLAS (this stock)51.4×0.28%₹2,749 Cr
RELIANCE23.1×0.45%₹17.95L Cr
TCS14.7×3.01%₹7.69L Cr
HDFCBANK15.9×1.65%₹12.11L Cr
INFY14.4×4.51%₹4.32L Cr
ICICIBANK17.9×0.81%₹9.70L Cr
SBIN11.5×1.67%₹9.61L Cr

About HLE Glascoat: sector, index & market-cap context

HLE Glascoat (HLEGLAS) is a small-cap NSE-listed company, and a constituent of the Nifty 500 index group, with a market capitalisation of ₹2,749 Cr. See more Nifty 500 stocks.

How the HLEGLAS Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of HLE Glascoat's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

HLEGLAS analysis, FAQs

Is HLE Glascoat (HLEGLAS) a good buy?

On the numbers, HLE Glascoat (HLEGLAS) high-risk on the numbers, a Downstox Snapshot Score of 22/100, weighing expensive at 51.4× earnings, ROE of 10.8%, a 30% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is HLEGLAS overvalued or undervalued?

HLEGLAS trades at 51.4× earnings versus a peer median of 15.9×, so it screens richer than its sector peers.

What is the HLEGLAS share price target for 2031?

HLEGLAS's probability-weighted 2031 median target is ₹108, with an 80% range of ₹26₹453 (10,000-path Monte-Carlo).

What is the probability HLEGLAS doubles in 5 years?

The modelled probability of HLEGLAS reaching ₹750 (2×) within 5 years is 4%.

What is the bull case for HLEGLAS?

HLE Glascoat is part of the nifty500 universe with live, tracked fundamentals on Downstox.

What are the risks in HLEGLAS?

A rich 51.4× P/E leaves a thin margin of safety if growth slows. Return on equity is a soft 10.8%, capital efficiency trails higher-quality peers. The probability model is cautious 12 months out, only a 30% chance of finishing above today's price.

More on HLEGLAS