Standalone and Consolidated Unaudited Financial Results for the period ended September 30, 2026.

November 2, 2026 To, To, The Manager (CRD) The Manager - Listing Department BSE Limited National Stock Exchange of India Ltd Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot no. C/1, G Block, Dalal Street, Fort, Bandra-Kurla Complex, Bandra (East) Mumbai - 400 001 Mumbai - 400 051 Scrip Code: 522215 Symbol : HLEGLAS Sub: Outcome of the Board Meeting held on November 2, 2026. Dear Sir/Madam, This is to inform you that the Board of Directors of HLE Glascoat Limited at its meeting held today, Monday, November 2, 2026, inter-alia approved: 1. the Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended on September 30, 2026 along with the Limited Review Report of the Auditors thereon, which are enclosed herewith. 2. to undertake capital expenditure of up to Rs. 45 crores to set up a new unit at Adas, Dist. Anand, Gujarat to manufacture heavy engineering and other allied products. The Meeting of the Board of Directors commenced at 2:00 p.m. and concluded at 3:45 p.m. This is for your intimation and records pursuant to Regulations 30 and 33 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. Kindly take the above on your records. Yours faithfully, For HLE Glascoat limited ACHAL S. THAKKAR Company Secretary & Compliance Officer Encl.: as above HLE Glascoat Limited @ Glascoat HLE CIN:L26100GJ1g91PLC016173 Website: www.hleglascoat.com STATEMENT OFSTANDALONE FINANCIAL RESULTS OF HLEGLASCOAT LIMITED FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2026 %inLakhs(except EPS) STANDALONE S.No.|Particulars 30-Sep-26 QUA 3R 0T -E JuR n-E 26NDED 30-Sep-25 30-SeH p-a 2lf 6Year E 3n 0d -Se ed p-25 Y 3e 1a -Mr E arn -2d 6ed UNAUDITED | UNAUDITED | UNAUDITED | UNAUDITED | UNAUDITED AUDITED | |Revenuefrom operations 16,549.72 15,088.09 19,307.63 31,637.81 35,733.65 72,311.46 Il |Otherincome 236.45 1,122.00 168.70 1,358.45 1,102.35 1,592.21 Ill |Total income (I+ Il) 16,786.17 16,210.09 19,476.33 32,996.26 36,836.00 73,903.67 IV |Expenses: (a) Cost of materials consumed 11,648.34 7,833.75 9,482.10 19,482.09 18,084.89 36,703.82 (b)Changes ininventories offinished goods and work- (3,199.85) (50.57) 1,336.29 (3,250.42) 1,414.38 2,125.70 in-progress (c) Power and fuel 567.93 540.22 556.60 1,108.15 1,105.01 2,348.99 (d) Labour charges 1,996.65 1,659.33 1,961.03 3,655.98 3,633.73 7,374.72 (e) Employee benefits expense 1,873.70 1,671.10 1,683.72 3,544.80 3,314.18 6,823.06 (f)Finance costs 679.40 703.40 732.82 1,382.80 1,395.55 2,799.89 (g)Depreciation and amortisation expense 441.09 438.51 426.72 879.60 842.01 1,753.06 (h)Other expenses 2,233.91 1,964.44 2,007.95 4,198.35 3,938.16 8,653.68 Total expenses 16,241.17 14,760.18 18,187.23 31,001.35 33,727.91 68,582.92 V| Profit betore exceptanal and extraordinaryitems 545.00 1,449.91 1,289.10 1,994.91 3,108.09 | 5,320.75 and tax (III-IV) VI |Exceptional items - - 120.80 - 120.80 437.26 Vil_|Profit before extraordinary items and tax (V-VI) 545.00 1,449.91 1,168.30 1,994.91 2,987.29 4,883.49 “Vill |Extraordinary items a - - —_ - - IX |Profit before tax (VII-VIII) 545.00 1,449.91 1,168.30 1,994.91 2,987.29 4,883.49 X |Taxexpense: (a) Current tax 87.55 350.19 267.43 437.74 562.10 1,094.42 (b) Current tax inrelation to earlier year - - 46.70 - 46.70 29.95 (c)Deferred tax 2.29 (8.23) 49.84 (5.94) 33.02 (61.97) XI |Profit for the period (IX-X) 455.16 1,107.95 804.33 1,563.11 2,345.47 3,821.09 Xil_ |Other comprehensive income / (loss) Items that willnot be reclassified to the Statement of Profit and Loss (i) Remeasurements ofdefined benefit plans (4.07) (4.07) (7.07) (8.14) (27.39) (33.07) (ii) Lee tax relating to sieidied that will not be 1.03 1.02 178 2.05 6.89 3.32 reclassified to the Statement of Profitand Loss XIIl_ |Total comprehensive income for the period 452.12 1,104.90 799.04 1,557.02 2,324.97 3,796.34 XIV |Paid upequity share capital (Face value of %2/- each) 1,389.09 1,389.09 1,389.09 1,389.09 1,389.09 1,389.09 XV_ |Other equity - - 37,908.57 XVI |Earningsperequity share (EPS): (%per share) Basic 0.66 1.60 1.18 2.25 3.43 5.59 Diluted 0.66 1.60 1.18 2.25 3.43 5.55 Anand Works(Regd Office): Maroli Works: Silvassa Works: H-106, GIDC, Vitthal Udyognagar, A-6, Maroli Udyognagar, At Post: Maroli Survey No.183/P41, Zaroli Road, Village: Naroli, Anand -388 121,Gujarat, India. Bazar,Navsari -396436,Gujarat, India. Silvassa, Dadra &Nagar Haveli-396230,India. Phone: +912692 236842 to 45 Phone: +912637 270150 to 59 Phone: +919825115813 / +919825125953 HLE Glascoat Limited L26100GJ1991PLC016173 nl LE D G lascoat CIN: Website: www.hleglascoat.com STATEMENT OFSTANDALONE FINANCIAL RESULTS OF HLEGLASCOAT LIMITED FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2026 NOTES: 1) The above standalone financial results have been reviewed by the Audit Committee and taken on record bythe Board of Directors at their Meeting held on November 02, 2026. These financial results have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards prescribed under Section 133 ofthe Companies Act, 2013 read with the rules thereunder and in terms of the SEBI Circular. 2) The statutory auditors of the Company have carried out an review of the above standalone financial results for the quarter and half year ended September 30, 2026 and have issued an unqualified review report. 3) As per Ind AS-108 “Operating Segments" issued by the Institute of Chartered Accountants of India, if financial results contains standalone financial results and consolidated financial results, no separate disclosure on segment information is required to be given in the standalone financial results. Accordingly, segment information has been disclosed in the Consolidated Financial Results of the Company. 4) Previous period figures have been re-grouped/ re-classified, wherever necessary. Anand Works(Regd Office): Maroli Works: Silvassa Works: H-106, GIDC,VitthalUdyognagar, A-6,MaroliUdyognagar, AtPost: Maroli Survey No.183/P1, Zaroli Road, Village: Naroli, Anand -388 121,Gujarat, India. Bazar, Navsari -396 436, Gujarat, India. Silvassa, Dadra &Nagar Haveli -396 230, India. Phone: +912692 236842 to 45 Phone: +912637 270150 to 59 Phone: +919825115813 / +919825125953 HLE Glascoat Limited CIN:L26100GJ1991PLC016173 H LE @D G lascoat Website:www.hleglascoat.com STANDALONE BALANCESHEETASATSEPTEMBER 30, 2026 %inLakhs Particulars Asat Asat eo September 30,2026 March 31, 2026 1) ASSETS 1) Non-current assets a) Property, plant and equipment 26,396.92 26,662.88 b) Rightofuseassets 927.04 978.73 c) Capital work-in-progress 279.20 163.73 d) Other intangible assets 151.98 182.59 e) Financialassets (i)Investments 23,521.12 23,346.00 (ii)Others financial assets 566.27 506.21 f) Noncurrent tax assets (net) 5.47 755.77 g) Other non-current assets 598.34 219.79 Total non-current assets 53,196.64 52,815.70 2) Current assets a) Inventories 27,418.48 20,838.60 b) Financialassets (i) Trade receivables 12,318.26 12,814.50 (ii) Cash and cash equivalents 867.09 4.49 (iii) Bankbalances other than cash andcash equivalents 1,209.17 1,023.58 (iv) Loans 1,665.07 1,681.68 (v) Others financial assets 277.00 737.10 c) Other current assets 1,485.74 721.87 Total current assets 45,240.81 37,821.82 Non-current assets heldfor sale - 25.92 TOTALASSETS 98,437.45 90,663.44 Il) EQUITYAND LIABILITIES 1) Equity a) Equityshare capital 1,389.09 1,389.09 b) Other equity 38,701.59 37,908.57 Total Equity 40,090.68 39,297.66 2) Liabilities i)Non-current liabilities a) Financial liabilities (i) Borrowings 12,417.93 9,537.73 (ii) Leaseliabilities 448.88 488.89 (iii)Other financial liabilities 0.25 0.25 b) Provisions ; 210.48 202.98 c) Deferred taxliabilities (net) 1,118.56 1,124.49 Total non-current liabilities 14,196.10 11,354.34 ii) Current liabilities a) Financialliabilities (i) Borrowings 18,184.16 21,119.65 (ii)Lease liabilities 89.40 81.83 (iii)Trade payables -Outstanding dues ofmicro enterprises and small 422.51 199.13 [Showing first 8,000 characters — download PDF for full document]