HEG Ltd (HEG)
₹643.15
Mkt cap
₹12,411 Cr
P/E ratio
35.00
P/B
2.60
Div yield
0.53%
ROE
7.42%
ROCE
8.35%
EPS (TTM)
₹18.38
Book value
₹247
52W range
462–668
Sector
Industrials
HEG Ltd is a leading manufacturer and exporter of graphite electrodes in India. It operates the largest single-site integrated graphite electrodes plant in the world. [1] It is a part of LNJ Bhilwara Group which also has presence across IT Enabled services, power generation & textiles. [2]
Health check
Mixed
ValuationFair
ProfitabilityWeak
GrowthModerate
TechnicalsBullish
52-week range
−3.78% from high₹643
₹462+39.21% from low₹668
Current
₹643.15
Prev close
₹637.10
Day
+0.95%
Price performance
1D
+0.95%
1W
+8.22%
1M
+23.67%
3M
−1.58%
6M
+15.11%
1Y
+16.84%
YTD
+3.78%
Financials
FRevenue, profit & margin
P/E ratio
35.0×
HEG is 5% below the sector median of 37.0×
HEG35.0×
Sector median37.0×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 671 | 614 | 562 | 547 | 571 | 568 | 478 | 537 | 613 | 699 | 656 | 603 | 681 | |
| Expenses | 520 | 512 | 476 | 506 | 533 | 471 | 411 | 598 | 507 | 581 | 513 | 752 | 530 | |
| Operating Profit | 151 | 102 | 87 | 41 | 39 | 97 | 67 | -61 | 106 | 118 | 143 | -148 | 151 | |
| OPM % | 23% | 17% | 15% | 8% | 7% | 17% | 14% | -11% | 17% | 17% | 22% | -25% | 22% | |
| Other Income | 68 | 63 | 30 | 64 | 41 | 63 | 112 | 43 | 82 | 120 | 167 | 72 | 74 | |
| Interest | 9 | 9 | 10 | 9 | 8 | 9 | 9 | 12 | 8 | 9 | 9 | 11 | 10 | |
| Depreciation | 38 | 38 | 47 | 50 | 48 | 48 | 51 | 55 | 53 | 54 | 54 | 53 | 50 | |
| Profit before tax | 172 | 118 | 59 | 46 | 24 | 103 | 119 | -85 | 126 | 175 | 246 | -140 | 165 | |
| Tax % | 19% | 18% | 27% | 29% | 3% | 20% | 30% | -13% | 17% | 18% | 16% | -19% | 26% | |
| Net Profit | 139 | 96 | 44 | 33 | 23 | 82 | 83 | -74 | 105 | 143 | 207 | -114 | 122 | |
| EPS in Rs | 7.21 | 4.97 | 2.26 | 1.71 | 1.19 | 4.26 | 4.32 | -3.82 | 5.43 | 7.43 | 10.73 | -5.90 | 6.34 | |
| Raw PDF |
Earnings
EResults dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
No reaction history yet.
No quarterly filings ingested yet.
Corporate actions
CLast 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
Sas of Jun 202656.27%Promoter
Promoters56.27%
FIIs8.47%1.76
DIIs9.27%0.64
Public25.97%1.11
Ownership trend
Peers
P7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Graphite India | ₹672.75 | 72.15 | 13,144 | 1.04% | −105 | −333.10% | 816 | +22.52% | 4.58% |
| HEG | ₹643.15 | 35.05 | 12,411 | 0.53% | 122 | +22.57% | 681 | +11.10% | 8.35% |
| Vesuvius India | ₹452.30 | 35.22 | 9,180 | 0.33% | 56 | −5.83% | 500 | +3.66% | 21.34% |
| RHI Magnesita | ₹398.95 | 74.80 | 8,238 | 0.63% | −518 | −37.18% | 932 | +1.56% | 6.52% |
| Raghav Product. | ₹1,303.20 | 95.46 | 5,985 | 0.08% | 20 | +67.55% | 87 | +48.72% | 30.30% |
| Monolithisch Ind | ₹774.75 | 73.12 | 1,684 | 0.00% | 8 | +80.62% | 41 | +34.87% | 34.79% |
| IFGL Refractori. | ₹197.67 | 38.81 | 1,425 | 1.09% | 14 | +72.24% | 483 | +7.68% | 4.92% |
| Median: 12 Co. | ₹550.90 | 37.02 | 1,554 | 0.57% | 5 | +8.37% | 91 | +10.04% | 13.20% |
Filings
DAnnual reports15
Financial Year 2026bseFinancial Year 2025bseFinancial Year 2024bseFinancial Year 2023bseFinancial Year 2022bseFinancial Year 2021bseFinancial Year 2020bseFinancial Year 2019bseFinancial Year 2018bseFinancial Year 2017bseFinancial Year 2016bseFinancial Year 2015bseFinancial Year 2014bseFinancial Year 2013bseFinancial Year 2012bse
Concall transcripts109
PPTJul 2026PPTJul 2026TranscriptMay 2026PPTMay 2026TranscriptFeb 2026PPTFeb 2026TranscriptJan 2026PPTJan 2026RECJan 2026TranscriptNov 2025PPTNov 2025TranscriptAug 2025PPTAug 2025RECAug 2025TranscriptMay 2025PPTMay 2025TranscriptFeb 2025PPTFeb 2025TranscriptNov 2024PPTNov 2024TranscriptAug 2024PPTAug 2024TranscriptJun 2024PPTJun 2024
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 11h - HEG shared Q1 FY27 earnings conference call audio recording link.Announcement under Regulation 30 (LODR)-Press Release / Media Release 11h - HEG Q1 FY27 PAT rose 22.6% to Rs 122.34 crore; NCLT reserved order on scheme.Announcement under Regulation 30 (LODR)-Investor Presentation 1dAnnouncement under Regulation 30 (LODR)-Newspaper Publication 1dApplication For Reservation Of Name. 2d - On July 22, 2026, HEG approved Q1 results and noted proposed name HEG Advanced Materials Limited.