| Margins | Standalone EBITDA margin improved to 29% in Q1 FY27. |
|---|---|
| Demand visibility | WSA forecasts global steel demand growth of 2.2% in 2027. |
Growth
Standalone Revenue grew 11% YoY to Rs 681 Cr; Consolidated PAT stood at Rs 122 Cr for Q1 FY27.
Outlook
Ongoing brownfield expansion to 115,000 MT capacity; robust EAF expansion planned globally between 2026 and 2028.
Risks
Global trade policy risks, tariffs, and geopolitical tensions impacting freight and energy costs; property sector drag in China.
Last quarter's promises, checked
Delivered
- Guided 15-20% operating margins → delivered 29% EBITDA margin (= BEAT)
- Targeted 90%+ capacity utilization → delivered 95% production utilization (= BEAT)
- Projected H2 price recovery → delivered Q1 FY27 revenue growth of 11% YoY (= BEAT)
Partly delivered
- Targeted 115,000 MT expansion by 2028 → project ongoing/on-track (= PARTIAL)
Investor Presentation filed with NSE, 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.