HEG Advanced Materials Ltd (HEG)
₹248.50
Mkt cap
₹8,026 Cr
P/E ratio
22.70
P/B
1.01
Div yield
1.40%
ROE
7.42%
ROCE
8.35%
EPS (TTM)
₹10.95
Book value
₹247
52W range
168–273
Sector
Industrials
Price history
Previous close
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]
NSE HEGAMBSE 509631
Health check
Constructive
ValuationCheap
ProfitabilityWeak
GrowthModerate
TechnicalsBullish
52-week range
−8.97% from high₹249
₹168+47.84% from low₹273
Current
₹248.50
Prev close
₹237.05
Day
+4.83%
Price performance
1D
+4.64%
1W
+4.57%
1M
−2.42%
3M
+29.23%
6M
+38.65%
1Y
+33.98%
YTD
+12.31%
Financials
Revenue, profit & margin
P/E ratio
22.7×
HEG is 22% below the sector median of 29.0×
HEG22.7×
Sector median29.0×
| 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 | 10.72 | -5.89 | 6.34 | |
| Raw PDF |
Earnings
Results 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
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
as of Sep 202660.72%Promoter
Promoters60.72%4.45
FIIs3.61%4.86
DIIs12.96%3.69
Public22.69%3.28
Ownership trend
Peers
7 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 | ₹747.45 | 66.65 | 14,603 | 0.94% | 171 | +28.36% | 842 | +26.62% | 4.58% |
| HEG Advanced Materials | ₹243.37 | 22.67 | 8,026 | 1.40% | 122 | +22.57% | 681 | +11.10% | 8.35% |
| Raghav Product. | ₹1,720.20 | 112.08 | 7,899 | 0.06% | 22 | +56.29% | 93 | +45.95% | 30.30% |
| Vesuvius India | ₹378.05 | 29.96 | 7,673 | 0.40% | 59 | −7.13% | 536 | +2.26% | 21.34% |
| RHI Magnesita | ₹350.00 | 38.60 | 7,228 | 0.71% | 65 | +83.19% | 1,014 | +5.59% | 6.46% |
| Monolithisch Ind | ₹1,335.60 | 81.94 | 2,903 | 0.00% | 11 | +144.96% | 54 | +88.17% | 34.79% |
| IFGL Refractori. | ₹172.48 | 29.02 | 1,243 | 1.25% | 17 | +57.82% | 512 | +12.85% | 4.92% |
| Median: 13 Co. | ₹378.05 | 29.02 | 1,243 | 0.65% | 14 | +56.29% | 93 | +11.10% | 10.70% |
Filings
Annual reports15
Concall transcripts110
TranscriptJul 2026PPTJul 2026PPTJul 2026TranscriptMay 2026PPTMay 2026TranscriptFeb 2026PPTFeb 2026TranscriptJan 2026PPTJan 2026RECJan 2026TranscriptNov 2025PPTNov 2025TranscriptAug 2025PPTAug 2025RECAug 2025TranscriptMay 2025PPTMay 2025TranscriptFeb 2025PPTFeb 2025TranscriptNov 2024PPTNov 2024TranscriptAug 2024PPTAug 2024TranscriptJun 2024
Credit ratings6
Announcements5
Intimation Regarding Change Of Corporate Identification Number (CIN) Of The Company 29 Oct - HEGAM’s CIN changed after object clause alteration, effective September 1, 2026.Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 29 Oct - HEGAM schedules Q2 FY27 earnings conference call on November 5, 2026, after board meeting on November 3.Announcement under Regulation 30 (LODR)-Newspaper Publication 29 Oct - Newspaper Publication- Dispatch of Postal Ballot/E-voting noticeShareholder Meeting / Postal Ballot-Notice of Postal Ballot 28 OctAppointment/Reappointment/Change In Designation Of Directors By Malana Power Company Limited And AD Hydro Power Limited Subsidiaries Of The Company 26 Oct - MPCL and ADHPL appoint Riju Jhunjhunwala chairman; Om Prakash Ajmera becomes JMD & CEO from November 1, 2026.