Good morning :)
HEG Ltd

HEG Ltd

HEG Share Price

NSE
577.700.97% (-5.65)
High
Low
Returns
1D
1W
1M
1Y
5Y
Max
SIP
Loading...
1D
1W
1M
1Y
5Y
Max
SIP

With a market cap of ₹11,148 cr, stock is ranked 514

Stock is 3.37x as volatile as Nifty

HEG Stock Scorecard

Performance

Avg

Price return has been average, nothing exciting

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

With a market cap of ₹11,148 cr, stock is ranked 514

Stock is 3.37x as volatile as Nifty

HEG Performance & Key Metrics

HEG Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
29.232.500.31%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
42.916.380.61%

HEG Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 
100%
Analysts have suggested that investors can buy this stock

from 2 analysts

Price Upside

Earnings Growth

Rev. Growth

See Detailed Forecast

HEG Company Profile

HEG Limited is engaged in manufacturing of graphite electrodes, which are used by manufacturers of steel. The Company's segments include Graphite, Power and Unallocable items.

Investor Presentation

View older View older 

Feb 10, 2026

PDF
View Older Presentations
PE Ratio
64.17
64.17
1Y Return
84.00%
84.00%
Buy Reco %
83.33
83.33
PE Ratio
59.52
59.52
1Y Return
3.73%
3.73%
Buy Reco %
69.70
69.70
PE Ratio
54.68
54.68
1Y Return
89.99%
89.99%
Buy Reco %
100.00
100.00
PE Ratio
88.10
88.10
1Y Return
4.34%
4.34%
Buy Reco %
73.68
73.68
PE Ratio
30.36
30.36
1Y Return
82.17%
82.17%
Buy Reco %
100.00
100.00
Compare with Peers

HEG Sentiment Analysis

HEG Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

HEG Stock Summary · February 2026

In Q3 FY26, the company achieved impressive revenue growth, reaching Rs.656 crores, despite facing challenges in the global steel market, including a 2% decline in production and competitive pressures from China's surging exports. While the graphite electrode market grapples with muted demand and pricing pressures, the company remains resilient, leveraging its operational efficiency and a strong financial position, with no long-term debt and a treasury balance of Rs.1,155 crores. Anticipated increases in electric arc furnace capacities and strategic capacity expansions are expected to drive future demand for electrodes, positioning the company favorably for growth. Additionally, the focus on cost management and diversification into energy storage projects suggests a proactive approach to navigating market fluctuations and enhancing long-term profitability.

HEG Stock Growth Drivers
HEG Stock Growth Drivers
7
  • Operational Efficiency and Capacity Utilization

    HEG Limited has achieved high capacity utilizations, operating at 85% in the previous quarter and

  • Strong Financial Performance

    For the nine months ending December 2025, HEG Limited reported a revenue increase from Rs.1,616

HEG Stock Challenges
HEG Stock Challenges
6
  • Decline in Global Steel Production

    The global steel market has faced significant challenges, with a reported 2% year-on-year decline in

  • Pressure on Graphite Electrode Market

    The graphite electrode market remains under pressure due to muted customer demand and ongoing pricing

HEG Forecast

HEG Forecasts

Price

Revenue

Earnings

HEG

HEG

Income

Balance Sheet

Cash Flow

HEG Income Statement

HEG Income Statement

Loading...

Quartersep 2023dec 2023mar 2024jun 2024sep 2024dec 2024mar 2025jun 2025sep 2025dec 2025
Total Revenue677.01592.30611.21612.47630.94589.96590.27700.19818.77823.43
Operating & Other expensessubtract512.32475.76505.77532.77470.99411.45608.27511.50580.87513.99
Depreciation/Amortizationsubtract38.4847.3950.4447.5047.9450.5654.5953.0553.7553.90
Interest & Other Itemssubtract8.539.738.638.479.349.3812.018.188.929.39
Taxes & Other Itemssubtract21.7015.7513.460.6920.3935.17-10.9322.6331.9039.18
EPS4.972.261.711.194.304.32-3.825.437.4310.72

HEG Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2026FY 2026

Annual Report Pending

Investor Presentation

Feb 10PDF
Jan 16PDF
Nov 11PDF
Aug 2PDF
FY 2025FY 2025

Annual report

PDF

Investor Presentation

May 23PDF
Feb 13PDF
Nov 14PDF
FY 2024FY 2024

Annual report

PDF

Investor Presentation

Aug 17PDF
FY 2023FY 2023

Annual report

PDF

Investor Presentation

May 31PDF
Feb 20PDF
FY 2022FY 2022

Annual report

PDF
FY 2021FY 2021

Annual report

PDF
FY 2020FY 2020

Annual report

PDF
FY 2019FY 2019

Annual report

PDF
FY 2018FY 2018

Annual report

PDF
FY 2017FY 2017

Annual report

PDF
FY 2016FY 2016

Annual report

PDF
 

HEG Stock Peers

HEG Past Performance & Peer Comparison

HEG Past Performance & Peer Comparison

Comparing 3 stocks from 
IndustrialsElectrical Components & Equipments

Loading...

StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
HEG Ltd96.892.500.31%
Polycab India Ltd64.1713.090.41%
Havells India Ltd59.5210.510.72%
Apar Industries Ltd54.689.970.46%

HEG Stock Price Comparison

Compare HEG with any stock or ETF
Compare HEG with any stock or ETF
HEG
Loading...

HEG Holdings

HEG Shareholdings

HEG Promoter Holdings Trend

HEG Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

HEG Institutional Holdings Trend

HEG Institutional Holdings Trend

Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

HEG Shareholding Pattern

HEG Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding56.13%9.68%2.46%8.53%23.20%

Mar 2025

Jun 2025

Sep 2025

Dec 2025

HEG Shareholding History

HEG Shareholding History

SepDec '24MarJunSepDec '256.92%7.08%7.19%7.30%7.96%8.53%

Mutual Funds Invested in HEG

Mutual Funds Invested in HEG

No mutual funds holding trends are available

Top 5 Mutual Funds holding HEG Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
3.4303%4.23%0.38%9/36 (0)
1.6582%0.54%-0.47%57/81 (-15)
1.0812%1.92%0.64%17/89 (+2)

Compare 3-month MF holding change on Screener

HEG Insider Trades & Bulk Stock Deals

HEG Insider Trades & Bulk Stock Deals

Loading...

smallcases containing HEG stock

smallcases containing HEG stock

Looks like this stock is not in any smallcase yet.

HEG Events

HEG Events

HEG Dividend Trend

No Trend In Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

HEG has shown inconsistent dividend trend over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.31%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹3.09 every year

Dividends

Corp. Actions

Announcements

Legal Orders

HEG Dividend Trend

No Trend In Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

HEG has shown inconsistent dividend trend over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.31%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹3.09 every year

HEG Upcoming Dividends

HEG Upcoming Dividends

No upcoming dividends are available

HEG Past Dividends

HEG Past Dividends

Cash Dividend

Ex DateEx DateAug 13, 2025

Final
Final | Div/Share: ₹1.80

Dividend/Share

1.80

Ex DateEx Date

Aug 13, 2025

Cash Dividend

Ex DateEx DateJul 31, 2024

Final
Final | Div/Share: ₹22.50

Dividend/Share

22.50

Ex DateEx Date

Jul 31, 2024

Cash Dividend

Ex DateEx DateAug 24, 2023

Final
Final | Div/Share: ₹42.50

Dividend/Share

42.50

Ex DateEx Date

Aug 24, 2023

Cash Dividend

Ex DateEx DateAug 24, 2022

Final
Final | Div/Share: ₹40.00

Dividend/Share

40.00

Ex DateEx Date

Aug 24, 2022

Cash Dividend

Ex DateEx DateJul 19, 2021

Final
Final | Div/Share: ₹3.00

Dividend/Share

3.00

Ex DateEx Date

Jul 19, 2021

HEG Stock News & Opinions

HEG Stock News & Opinions

Spotlight
Volumes spurt at HEG Ltd counter

Century Plyboards (India) Ltd, PCBL Chemical Ltd, Bharat Heavy Electricals Ltd, The Bombay Burmah Trading Corporation Ltd are among the other stocks to see a surge in volumes on NSE today, 11 February 2026.HEG Ltd registered volume of 135.14 lakh shares by 14:14 IST on NSE, a 13.48 fold spurt over two-week average daily volume of 10.03 lakh shares. The stock slipped 5.12% to Rs.532.00. Volumes stood at 13.49 lakh shares in the last session.Century Plyboards (India) Ltd registered volume of 11.11 lakh shares by 14:14 IST on NSE, a 10.42 fold spurt over two-week average daily volume of 1.07 lakh shares. The stock slipped 2.65% to Rs.781.25. Volumes stood at 51771 shares in the last session.PCBL Chemical Ltd saw volume of 425.71 lakh shares by 14:14 IST on NSE, a 9.25 fold spurt over two-week average daily volume of 46.04 lakh shares. The stock increased 10.60% to Rs.325.00. Volumes stood at 17.77 lakh shares in the last session.Bharat Heavy Electricals Ltd saw volume of 480.19 lakh shares by 14:14 IST on NSE, a 6.78 fold spurt over two-week average daily volume of 70.79 lakh shares. The stock dropped 5.98% to Rs.259.60. Volumes stood at 53.8 lakh shares in the last session.The Bombay Burmah Trading Corporation Ltd notched up volume of 1.89 lakh shares by 14:14 IST on NSE, a 6.68 fold spurt over two-week average daily volume of 28278 shares. The stock rose 2.14% to Rs.1,845.00. Volumes stood at 28610 shares in the last session.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Earnings
HEG consolidated net profit rises 148.17% in the December 2025 quarter

Net profit of HEG rose 148.17% to Rs 206.97 crore in the quarter ended December 2025 as against Rs 83.40 crore during the previous quarter ended December 2024. Sales rose 37.20% to Rs 656.33 crore in the quarter ended December 2025 as against Rs 478.38 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales656.33478.38 37 OPM %21.6913.99 - PBDT300.05169.13 77 PBT246.15118.57 108 NP206.9783.40 148 Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
HEG to discuss results

HEG will hold a meeting of the Board of Directors of the Company on 19 January 2026.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
HEG to table results

HEG will hold a meeting of the Board of Directors of the Company on 10 February 2026.Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
HEG Ltd leads gainers in 'A' group

Globus Spirits Ltd, Graphite India Ltd, Zydus Wellness Ltd and HFCL Ltd are among the other gainers in the BSE's 'A' group today, 31 December 2025.HEG Ltd surged 10.49% to Rs 663.8 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 8.11 lakh shares were traded on the counter so far as against the average daily volumes of 80470 shares in the past one month. Globus Spirits Ltd soared 10.09% to Rs 1082. The stock was the second biggest gainer in 'A' group. On the BSE, 1.14 lakh shares were traded on the counter so far as against the average daily volumes of 2344 shares in the past one month. Graphite India Ltd spiked 8.87% to Rs 639.95. The stock was the third biggest gainer in 'A' group. On the BSE, 3.54 lakh shares were traded on the counter so far as against the average daily volumes of 48186 shares in the past one month. Zydus Wellness Ltd spurt 8.74% to Rs 460.9. The stock was the fourth biggest gainer in 'A' group. On the BSE, 2.11 lakh shares were traded on the counter so far as against the average daily volumes of 28326 shares in the past one month. HFCL Ltd advanced 8.10% to Rs 68.63. The stock was the fifth biggest gainer in 'A' group. On the BSE, 149.66 lakh shares were traded on the counter so far as against the average daily volumes of 30.15 lakh shares in the past one month. Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
HEG receives ESG rating of 66.2

HEG announced that SES ESG Research received by the Company on 19 November 2025, has assigned an Environmental, Social and Governance(ESG) score of '66.2' to the company.Powered by Capital Market - Live

3 months agoCapital Market - Live
Spotlight
HEG surges after Q2 PAT climbs 74% YoY to Rs 143 cr

Profit before tax (PBT) climbed 70.7% YoY to Rs 175.53 crore in Q2 FY26. Total expenses rose 21.82% to Rs 643.54 crore in Q2 FY26 compared with Rs 528.27 crore in Q2 FY25. During the quarter, cost material consumed stood at Rs (down 6.77% YoY), employee benefit expenses was at Rs 28.90 crore (up 26.64% YoY), power & fuel expenses stood at Rs 92.58 crore (up 3.04% YoY) while finance cost stood at Rs 8.92 crore (down 4.5% YoY). Meanwhile, the company's board approved a proposal to enter into a debenture subscription agreement with its wholly owned subsidiary, TACC, for subscribing to unlisted and unsecured optionally convertible debentures (OCDs) aggregating up to Rs 633 crore to be issued by TACC. Further, the board also noted that Bhilwara Technology, a subsidiary of the company, has approved the sale of its 26% shareholding in Texnere India, as per a valuation report by a SEBI-registered Category-I Merchant Banker. HEG is India's leading graphite electrode manufacturer. It has one of the largest integrated graphite electrode plants in the world, processing sophisticated UHP (ultra high power) electrodes.Powered by Capital Market - Live

3 months agoCapital Market - Live
Earnings
HEG consolidated net profit rises 74.20% in the September 2025 quarter

Net profit of HEG rose 74.20% to Rs 143.33 crore in the quarter ended September 2025 as against Rs 82.28 crore during the previous quarter ended September 2024. Sales rose 23.19% to Rs 699.22 crore in the quarter ended September 2025 as against Rs 567.60 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales699.22567.60 23 OPM %16.9317.02 - PBDT228.98150.61 52 PBT175.23102.67 71 NP143.3382.28 74 Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
HEG to discuss results

HEG will hold a meeting of the Board of Directors of the Company on 10 November 2025.Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
TACC secures credit facility of Rs 1,230 cr from State Bank of India

TACC, a wholly owned subsidiary of HEG and part of the LNJ Bhilwara Group, has announced that it has received a credit facility of Rs 1,230 crore sanctioned by the State Bank of India. The funding will be utilized to support the company's upcoming greenfield manufacturing facility in Dewas, Madhya Pradesh, which will produce 20,000 MTPA of lithium-ion battery grade graphite anode material. The facility will be among the first of its kind in India, marking a major step toward building a self-reliant domestic ecosystem for advanced energy materials.Powered by Capital Market - Live

4 months agoCapital Market - Live

Frequently asked questions

Frequently asked questions

  1. What is the share price of HEG Ltd (HEG) today?

    The share price of HEG as on 27th February 2026 is ₹577.70. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on HEG Ltd (HEG) share?

    The past returns of HEG Ltd (HEG) share are
    • Past 1 week: 6.26%
    • Past 1 month: 9.83%
    • Past 3 months: 8.23%
    • Past 6 months: 22.67%
    • Past 1 year: 66.87%
    • Past 3 years: 200.71%
    • Past 5 years: 100.03%

  3. What are the peers or stocks similar to HEG Ltd (HEG)?
  4. What is the dividend yield % of HEG Ltd (HEG) share?

    The current dividend yield of HEG Ltd (HEG) is 0.31.

  5. What is the market cap of HEG Ltd (HEG) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of HEG Ltd (HEG) is ₹11148.31 Cr as of 27th February 2026.

  6. What is the 52 week high and low of HEG Ltd (HEG) share?

    The 52-week high of HEG Ltd (HEG) is ₹672 and the 52-week low is ₹335.75.

  7. What is the PE and PB ratio of HEG Ltd (HEG) stock?

    The P/E (price-to-earnings) ratio of HEG Ltd (HEG) is 96.89. The P/B (price-to-book) ratio is 2.50.

  8. Which sector does HEG Ltd (HEG) belong to?

    HEG Ltd (HEG) belongs to the Industrials sector & Electrical Components & Equipments sub-sector.

  9. How to buy HEG Ltd (HEG) shares?

    You can directly buy HEG Ltd (HEG) shares on Tickertape. Simply sign up, connect your demat account and place your order.