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    Electronic technology

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    Electronic components
HEG Advanced Materials Limited

HEG Advanced Materials Limited

247.85
INR
+9.30
(+3.90%)
18.34EPS
27.82P/E
99.85BMarket Cap
Nov 18Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
73.02
61.42
43.52
41.7
133.32
322.24
108.92
63.97
112.62
126.2
123.32
110.76
132.23
136.8
Basic EPS, GAAP
4.04
1.82
0.22
-2.21
55.02
151.51
3.5
-0.93
22.34
27.59
16.15
5.96
17.69
18.6
Free Cash Flow per Basic Share
28.64
12.27
10.87
7.65
28.73
71.5
32.52
23.82
-25.92
-18.99
12.47
5.05
-2.05
- -
Dividend per Share
1.2
0.6
- -
- -
6
16
15
- -
0.63
7.97
8.47
4.52
1.9
- -
Book Value per Share
50.05
50.5
49.84
47.68
95.47
196.59
181.98
181.11
202.8
221.84
229.35
230.79
246.55
- -
Tangible Book Value per Share
50.02
50.49
49.84
47.68
95.46
196.57
181.96
181.1
202.8
221.82
229.29
230.66
246.42
- -
Basic Weighted Avg Shares
200
200
200
200
200
200
193
193
193
193
193
193
193
193
Sales/Revenue/Turnover
14,589
12,272
8,695
8,332
26,637
64,363
21,019
12,344
21,732
24,353
23,798
21,373
25,518
26,396
Operating Margin (%)
12.85
9.97
6.44
1.26
61.58
71.51
-3.41
-9.08
20.88
21.49
11.04
9.32
12.21
32.88
Depreciation Expense
727
734
793
739
726
724
721
731
793
1,023
1,747
2,006
2,133
2,098
Net Income, GAAP
807
364
44
-441
10,993
30,262
676
-179
4,310
5,324
3,117
1,151
3,414
3,589
Effective Tax Rate (%)
11.11
11.99
887.89
- -
32.61
34.78
- -
- -
23.09
21.4
21.17
28.16
16.42
19.85
Profit Margin (%)
5.53
2.97
0.51
-5.29
41.27
47.02
3.22
-1.45
19.83
21.86
13.1
5.38
13.38
13.6
Working Capital
-549
512
-101
28
9,363
22,176
12,424
14,296
17,199
15,364
14,623
13,711
15,833
- -
LT Debt
1,690
2,534
1,578
1,356
4
4
11
8
8
14
27
22
26
- -
Total Equity
9,999
10,090
9,959
9,526
19,075
37,937
35,117
34,951
39,136
42,809
44,259
44,538
47,579
- -
Return on Invested Capital (%)
6.09
5.36
-23.39
- -
57.23
89.3
- -
- -
8.27
8.52
4.12
2.83
5.48
- -
Return on Capital (%)
6.64
5.21
-25.23
- -
59.19
91.15
- -
- -
10.43
11.51
6.75
2.73
6.83
- -
Return on Common Equity (%)
8.3
3.63
0.44
-4.53
76.87
106.16
1.85
-0.51
11.64
12.99
7.16
2.59
7.41
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
7,934
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
26
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
193
193
193
Market Capitalization
120,495
104,661
99,847

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
28,934
- -
Cash, Cash Equivalents & STI
- -
7,082
- -
Accounts Receivable, Net
- -
4,995
- -
Inventories
- -
11,337
- -
Total Current Liabilities
- -
13,100
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
7,934
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
21.91%
6.44%
6.83%
Free Cash Flow
-28.94%
-120.24%
-140.5%
Net Income, GAAP
-612.89%
-477.45%
196.7%
Sales/Revenue/Turnover
34.36%
19.01%
19.39%
Total Cash Common Dividend
- -
- -
-57.96%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
5,715
5,676
4,784
5,366
21,373
2026
6,128
6,992
6,563
6,032
25,518
2027
6,808
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1.19
4.26
4.32
-3.82
5.96
2026
5.43
7.43
10.72
-5.9
17.69
2027
6.34
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
4.52
2026
- -
- -
- -
- -
1.9
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Riju Jhunjhunwala
Full Time Employees
1,262
Sector
Electronic technology
Industry
Electronic components
Address
Bhilwara Towers, A-12 Noida DE India 201301
IPO Date
Nov 30, 1994
Website
hegltd.com
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Business
HEG Limited manufactures and sells graphite electrodes and related carbon products primarily for electric arc furnaces in steel production; it also operates captive power generation facilities. The company, founded in 1972 and headquartered in Mandideep near Bhopal, Madhya Pradesh, India, belongs to the LNJ Bhilwara Group and runs the world's largest single-site integrated graphite electrode plant. Its core offerings include ultra-high power (UHP), high power (HP), and super-high power (SHP) graphite electrodes in various diameters and lengths; graphite electrodes and nipples; blocks and rounds; graphite and carbon specialties; mini-rods; flux and heat exchanger tubes; custom machined components; and activated carbon fabric products, with over 70% of production exported to more than 30 countries including North America and Europe. HEG generates power through thermal plants and a 76.5 megawatt hydroelectric facility to support its manufacturing operations. In recent developments, the company acquired an 8.23% stake in GrafTech International for Rs 248.62 crore in October 2024 to bolster its global graphite electrode position; it approved a demerger of its graphite business into a separate entity, with listing targeted for late 2025 following SEBI approval as of May 2025, enabling a strategic shift toward green energy including hydro, wind, and advanced carbon solutions; and its board greenlit a Rs 6.33 billion investment in TACC debentures in November 2025 alongside a stake sale in Texnere India. These moves come amid operational improvements, with Q4 FY25 showing strong EBITDA margins despite a reported net loss from mark-to-market effects on its GrafTech holding.