Comparison · NSE · data 2026-11-02
HLE Glascoat Ltd vs Pitti Engineering Ltd.
In plain words
Size: Pitti Engineering Ltd. is about 1.1 times the market value of HLE Glascoat Ltd.
Valuation (P/E): HLE Glascoat Ltd 79.1 vs Pitti Engineering Ltd. 26.6.
Return on equity: Pitti Engineering Ltd. 12.5% vs HLE Glascoat Ltd 10%.
Profit growth over 3 years: Pitti Engineering Ltd. 26% a year vs HLE Glascoat Ltd -10.4% a year.
Debt to equity: Pitti Engineering Ltd. 0.82 vs HLE Glascoat Ltd 0.65.
Differences in the numbers, not a recommendation of either stock.
Side by side
| HLEGLAS | PITTIENG | |
|---|---|---|
| Price | ₹407.6 | ₹852.55 |
| Market cap | ₹2,795 cr | ₹3,206 cr |
| P/E | 79.1 | 26.6 |
| P/B | — | 3.5 |
| ROE | 10.0% | 12.5% |
| ROCE | 14.2% | 13.8% |
| Debt / equity | 0.65 | 0.82 |
| Operating margin | 6.2% | 10.9% |
| Dividend yield | 0.27% | 0.29% |
| Sales growth, 3 years (yearly) | 13.2% | 20.1% |
| Profit growth, 3 years (yearly) | -10.4% | 26.0% |
| 1-year return | -29.2% | -12.5% |
| Revenue, last 12 months | ₹1,370 cr | ₹2,086 cr |
| Net profit, last 12 months | ₹36 cr | ₹118 cr |
| Latest quarter | Jun 2026 | Sept 2026 |
| Quarter net profit | ₹3 cr | ₹34 cr |
| Quarter profit vs a year earlier | -81.2% | -15.5% |
| Promoter holding | 65.64% | 54.18% |
| Health check | Weak (2.3/10) | Average (5.9/10) |
Common questions
Which has a higher P/E, HLE Glascoat Ltd or Pitti Engineering Ltd.?
HLE Glascoat Ltd trades at the higher P/E (79.1 against 26.6). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Pitti Engineering Ltd. (12.5% against 10.0%).
Which carries more debt?
Pitti Engineering Ltd. has the higher debt-to-equity ratio (0.82 against 0.65).