| Revenue growth | 20% YoY revenue growth for full year FY26. |
|---|---|
| Margins | Operating margins stable at 15-20%; guidance of 20% for H1 FY27. |
| Order book | Booked up until September 2026; seeking price hikes for H2. |
| Demand visibility | Strong; 100 million tons of new EAF capacity expected by 2030. |
| Management confidence | High; citing unprecedented demand from global EAF steel shift. |
Growth
FY26 revenue up 20% YoY; EBITDA increased to ₹497cr from ₹388cr. Sales volume rose 20%.
Outlook
Expanding capacity to 115,000 tons by 2028; targeting 20%+ EBITDA margins for H1 FY27.
Risks
Unrealized FX losses of ₹35-40cr; Middle East geopolitical disruptions; rising needle coke and energy costs.
Earnings Call filed with BSE, NSE: HEG. Summary written with AI assistance from the document.
HEG Ltd: key numbers
- Share price
- ₹244.35
- Market cap
- ₹4,715 Cr
- Revenue (annual)
- ₹2,568 Cr
- Net profit (annual)
- ₹341.4 Cr
- P/E (TTM)
- 13.1×Sector 53.6×
- Promoter holding
- 60.72%+4.44% QoQ
- FII holding
- 5.29%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from HEG Ltd
All →HEG Promoter Buying (Off-Market)
LNJ Spark Advisory LLP, a promoter, acquired 4.05 crore HEG Advanced Materials shares via scheme of arrangement. Post-allotment promoter stake stands at 12.29%.
- Promoter stake change
- +12.29%
HEG Bags ₹217.6 Cr Order from Indus Towers Limited
HEG's subsidiary, Replus Engitech Private Limited, received orders from Indus Towers Limited for supply of Lithium-Ion Battery Banks. The contract is valued at ₹217.56 Crore.
- Value
- ₹217.6 Cr
- From
- Indus Towers Limited
- Execution
- On or before March 31, 2027
HEG Merger & Restructuring
HEG Advanced Materials disclosed promoter stake rising to 60.72% via allotment under its Composite Scheme. The demerger splits HEG into HEG Graphite and Bhilwara Energy.
HEG Capital Structure Change
Singularity Equity Fund I and others acquired a 13.04% stake in HEG Advanced Materials Limited pursuant to a composite scheme of arrangement.
HEG Other Announcement
NSE has approved a name change for HEG Limited to HEG Advanced Materials Limited. The stock symbol will be updated to HEGAM effective September 22, 2026.
HEG Management Change
HEG Advanced Materials Limited announced the resignation of Shri Salil Bawa, President - Investor Relation and Senior Management Personnel, effective September 14, 2026. He has ceased his role.