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• HLE Glascoat Limited's investor presentation highlights key financial performance and strategic focus.
• Revenue from operations for FY25 reached ₹ 1,02,758.7 lakhs, a 6.2% year-on-year increase.
• EBITDA for FY25 was ₹ 14,093.4 lakhs, up by 16.6% year-on-year.
• Profit After Tax (PAT) for FY25 stood at ₹ 6,176.7 lakhs, reflecting a 51.1% year-on-year growth.
• Q4 FY25 revenue from operations was ₹ 33,370.7 lakhs, an 8.7% increase year-on-year.
• Q4 FY25 EBITDA was ₹ 5,424.5 lakhs, showing a 41.1% year-on-year increase.
• Q4 FY25 PAT reached ₹ 3,164.4 lakhs, a substantial 113.8% year-on-year growth.
• The company's order book as of 31st March 2025, stood at ₹ 57,506.2 lakhs, providing healthy visibility.
• The company repaid ₹ 4,976.5 lakhs in the financial year ended 31st March 2025, which will pave the way for lower interest costs.
• The final hearing for the approval of the Scheme of Amalgamation of Kinam Enterprise Private Limited with HLE Glascoat Limited is scheduled for July 2025 by the Hon’ble NCLT, Ahmedabad Bench.
• Order book visibility is approximately 7 months for international business and 6 months for the Indian business.
• The company acquired a 26% stake in Clean Max Anchorage to enhance renewable energy usage and reduce costs.
• HLE Glascoat acquired Kinam Engineering Industries, specializing in heat exchangers.
• The company possesses a diversified product portfolio including glass-lined equipment and filtration & drying equipment.

HLE Glascoat Limited's Board of Directors met on 19 May 2025 to approve the audited standalone and consolidated financial results for the quarter and year ended 31 March 2025 and recommend a dividend.

Key highlights from the results:

• Consolidated Revenue from operations for FY 2024-25 was ₹1,027.59 crore, up from ₹967.92 crore in FY 2023-24.
• Consolidated Profit After Tax (Attributable to Owners) for FY 2024-25 was ₹46.71 crore, significantly higher than ₹29.69 crore in FY 2023-24.
• For the quarter ended 31 March 2025, Consolidated Revenue was ₹333.71 crore, compared to ₹306.90 crore in the same quarter last year.
• Consolidated Profit After Tax (Attributable to Owners) for Q4 FY 2024-25 stood at ₹20.34 crore, a substantial increase from ₹9.93 crore in Q4 FY 2023-24.
• Standalone Revenue from operations for FY 2024-25 was ₹551.12 crore, down from ₹590.71 crore in FY 2023-24.
• Standalone Profit After Tax for FY 2024-24 was ₹16.39 crore, compared to ₹26.64 crore in FY 2023-24.
• For the quarter ended 31 March 2025, Standalone Revenue was ₹195.00 crore, compared to ₹165.60 crore in Q4 FY 2023-24.
• Standalone Profit After Tax for Q4 FY 2024-25 was ₹13.59 crore, significantly higher than ₹3.37 crore in Q4 FY 2023-24.

The Board recommended a dividend of ₹1.10 per equity share (55% on face value of ₹2 each) for the financial year 2024-25, subject to shareholder approval at the upcoming Annual General Meeting.

Additionally, the Board approved the re-appointment of:

• Mr. Himanshu Patel as Managing Director, effective from 31 December 2025.
• Mr. Aalap Patel as Executive Director, effective from 31 December 2025.
• Mr. Harsh Patel as Whole-Time Director, effective from 1 October 2025.
• M/s. N. M. & Co. as Secretarial Auditors for five years (FY26 to FY30).
• M/s. CNK & Associates LLP and M/s. AKMK & Associates as Internal Auditors for FY26.
• M/s. Nanty Shah & Associates as Cost Auditors for FY26.

All director and secretarial auditor re-appointments are subject to shareholder approval.

• HLE Glascoat Limited will conduct an earnings call for Q4 and FY25 on Friday, 23rd May 2025, at 4:00 PM IST.
• Mr. Himanshu Patel (Managing Director), Mr. Aalap Patel (Executive Director), and Mr. Harsh Patel (Executive Director), along with the Senior Management Team, will participate in the call.
• Primary access numbers are +91 22 6280 1550 and +91 22 7115 8378.
• International toll-free numbers are provided for Hongkong, Singapore, USA, and UK.
• Pre-registration is required via a provided link.
• Mr. Parth Patel of MUFG Intime – IR is the RSVP contact.

HLE Glascoat Limited has announced a meeting for its secured creditors scheduled for 18 Apr 25 at 2:00 PM (IST) at its Registered Office in Anand, Gujarat. This meeting, ordered by the National Company Law Tribunal (NCLT) on 6 Mar 25, is to discuss and approve the amalgamation of Kinam Enterprise Private Limited with HLE Glascoat. The notice for the meeting was dispatched electronically on 17 Mar 25. Voting rights will be determined based on outstanding amounts as of 11 Apr 25. The proposed amalgamation includes a share swap ratio of 100 HLE Glascoat shares for every 559 shares of Kinam Enterprise, with the appointed date set as 7 Aug 23.