Mumbai, Feb. 11 -- While EBITDA declined by 10.8% to Rs 24.59 crore, EBITDA margin contracted by 440 basis points YoY to 7.5% in Q3 FY26.

Profit before tax and before exceptional items in Q3 FY26 stood at Rs 6.83 crore, down by 40.1% from Rs 11.41 crore recorded in Q3 FY25.

The company had an orderbook of Rs 653.39 crore as on 31 December 2025. The company said that it continues to receive enquiries for orders across all business segments.

HLE Glascoat further said that it would undertake capital expenditure of upto Rs 25 crore to manufacture glass-fused tanks, silos and other allied products at its existing Silvassa manufacturing campus, based on the experience and knowledge of the Omeras business acquisition.

Himanshu K. Patel, mana...