HLEGLAS
HLE GLASCOAT LIMITED
Each stock's 10,000-path forecast, rendered as light.
HLE GLASCOAT LIMITED (HLEGLAS) Stock Analysis & Case Study
Is HLEGLAS a good buy? The data-driven verdict.
HLE GLASCOAT LIMITED (HLEGLAS) trades at ₹467,on the numbers it high-risk on the numbers, a Downstox Snapshot Score of 28/100.
On the numbers, HLE GLASCOAT LIMITED (HLEGLAS) high-risk on the numbers, a Downstox Snapshot Score of 28/100, weighing expensive at 60.6× earnings, ROE of 10.8%, a 51% 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 2027-2031.
Last updated . Data snapshot for research, not investment advice.
HLEGLAS fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How HLEGLAS ranks against the 2,373 companies in our screener
- HLEGLAS's market cap of 3,244 Cr ranks in the 59th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- HLEGLAS's book value of ₹77 ranks in the 44th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- HLEGLAS's promoter holding of 65.6% ranks in the 64th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- HLEGLAS's 3-year profit (PAT) growth of -8.0% ranks in the 21st percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- HLEGLAS's 3-year revenue growth of 13.0% ranks in the 58th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- HLEGLAS's debt-to-equity ratio of 0.65x is lower than 27% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
Is HLEGLAS overvalued? HLEGLAS P/E vs peers
HLEGLAS trades at 60.6× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.
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 9.8y of HLEGLAS history (31%/yr drift, 50%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| HLEGLAS 2027 | ₹248 | ₹474 | ₹907 | +2% |
| HLEGLAS 2028 | ₹196 | ₹482 | ₹1,185 | +3% |
| HLEGLAS 2029 | ₹159 | ₹491 | ₹1,513 | +5% |
| HLEGLAS 2030 | ₹135 | ₹499 | ₹1,839 | +7% |
| HLEGLAS 2031 | ₹117 | ₹507 | ₹2,202 | +9% |
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?
The bull case for HLEGLAS
- HLE GLASCOAT LIMITED is part of the nifty500 universe with live, tracked fundamentals on Downstox.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹1,513.
The bear case & risks
- HLEGLAS's P/E of 60.6x is lower than 21% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- HLEGLAS's return on equity of 10.8% ranks in the 53rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- 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 ₹159.
HLEGLAS volatility & expected range, how bumpy is the ride?
Over the last 9.8 years HLEGLAS compounded at 31%/year with annualized volatility of 50%. That volatility implies a 1-year 80% range of ₹248-₹907, the honest backbone behind any single price target.
HLEGLAS price forecast, the full 60-month probability fan
HLEGLAS price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds HLEGLAS hits common targets within the simulated horizon?
Full multi-horizon detail on the HLEGLAS price target & forecast page.
HLEGLAS Piotroski F-Score: 5/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. HLEGLAS scores 5/8, mixed financial health.
HLEGLAS MTF margin & leverage across 10 brokers
Margin Trading Facility lets you buy HLEGLAS with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 38.49% | 2.6× |
| Zerodha | 38.47% | 2.6× |
| Groww | 38.50% | 2.6× |
| Dhan | 38.47% | 2.6× |
| Kotak Neo | 100.00% | 1.0× |
| Paytm Money | 38.70% | 2.6× |
| Pocketful | 38.77% | 2.6× |
| Anand Rathi | 38.47% | 2.6× |
| Bajaj Broking | 50.00% | 2.0× |
| Share IndiaCHEAPEST | 38.45% | 2.6× |
Compare every broker on the HLEGLAS MTF page.
About HLE GLASCOAT LIMITED: sector, index & market-cap context
HLE GLASCOAT LIMITED (HLEGLAS) is a small-cap NSE-listed company, with a market capitalisation of ₹3,244 Cr. See more stocks on our screener.
How the HLEGLAS Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of HLE GLASCOAT LIMITED'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 LIMITED (HLEGLAS) a good buy?
On the numbers, HLE GLASCOAT LIMITED (HLEGLAS) high-risk on the numbers, a Downstox Snapshot Score of 28/100, weighing expensive at 60.6× earnings, ROE of 10.8%, a 51% 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 60.6× earnings, expensive versus the ~22× long-run Nifty average.
What is the HLEGLAS share price target for 2031?
HLEGLAS's probability-weighted 2031 median target is ₹507, with an 80% range of ₹117-₹2,202 (10,000-path Monte-Carlo).
What is the probability HLEGLAS doubles in 5 years?
The modelled probability of HLEGLAS reaching ₹933 (2×) within 5 years is 30%.
What is the bull case for HLEGLAS?
HLE GLASCOAT LIMITED is part of the nifty500 universe with live, tracked fundamentals on Downstox.
What are the risks in HLEGLAS?
HLEGLAS's P/E of 60.6x is lower than 21% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. HLEGLAS's return on equity of 10.8% ranks in the 53rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. High historical volatility (50%/yr) means a wide, bumpy range of outcomes, size positions accordingly.