HEG Ltd
HEGHEG Ltd
HEG
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 40.83 | 1.80 | 1.09% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 51.87 | 7.32 | 0.45% |
Forecast & Ratings
Detailed Forecast from 2 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
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.
Peers
Compare with peersÂHavells India Ltd
Polycab India Ltd
Apar Industries Ltd
Kaynes Technology India Ltd
V Guard Industries Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 873.61 | 867.17 | 2,762.43 | 6,702.02 | 2,292.78 | 1,376.50 | 2,321.62 | 2,654.53 | 2,618.23 | 2,492.99 | ||||||||||
Raw Materials | 332.24 | 342.77 | 575.81 | 1,611.84 | 1,558.13 | 504.94 | 940.42 | 1,312.64 | 1,093.00 | 2,026.62 | ||||||||||
| Power & Fuel Cost | 49.10 | 74.21 | 165.03 | 184.00 | 165.83 | 141.85 | 273.47 | 320.58 | 314.09 | |||||||||||
| Employee Cost | 62.58 | 58.78 | 112.44 | 197.57 | 65.60 | 54.53 | 80.00 | 92.05 | 95.27 | |||||||||||
| Selling & Administrative Expenses | 106.84 | 95.56 | 150.89 | 207.31 | 122.33 | 102.45 | 226.79 | 260.29 | 206.07 | |||||||||||
| Operating & Other expenses | 182.27 | 207.98 | 24.58 | -266.15 | 242.96 | 511.64 | 153.70 | -136.71 | 304.04 | |||||||||||
EBITDA | 140.58 | 87.87 | 1,733.68 | 4,767.45 | 137.93 | 61.09 | 647.24 | 805.68 | 605.76 | 466.37 | ||||||||||
| Depreciation/Amortization | 79.30 | 73.92 | 72.56 | 72.39 | 72.13 | 73.12 | 79.29 | 102.30 | 174.65 | 183.81 | ||||||||||
| PBIT | 61.28 | 13.95 | 1,661.12 | 4,695.06 | 65.80 | -12.03 | 567.95 | 703.38 | 431.11 | 282.56 | ||||||||||
| Interest & Other Items | 60.31 | 54.72 | 56.42 | 17.97 | 36.51 | 11.37 | 7.49 | 26.01 | 35.74 | 35.36 | ||||||||||
| PBT | 0.97 | -40.77 | 1,604.70 | 4,677.09 | 29.29 | -23.40 | 560.46 | 677.37 | 395.37 | 247.20 | ||||||||||
| Taxes & Other Items | -3.45 | 3.31 | 505.37 | 1,650.92 | -38.35 | -5.46 | 129.42 | 144.96 | 83.69 | 51.60 | ||||||||||
| Net Income | 4.42 | -44.08 | 1,099.33 | 3,026.17 | 67.64 | -17.94 | 431.04 | 532.41 | 311.68 | 195.60 | ||||||||||
| EPS | 1.11 | -11.03 | 275.11 | 770.44 | 17.52 | -4.65 | 111.68 | 137.94 | 80.75 | 50.68 | ||||||||||
| DPS | 0.00 | 0.00 | 80.00 | 80.00 | 25.00 | 3.00 | 40.00 | 42.50 | 22.50 | 42.50 | ||||||||||
| Payout ratio | 0.00 | 0.00 | 0.29 | 0.10 | 1.43 | — | 0.36 | 0.31 | 0.28 | 0.84 |
Company Updates
Annual report
PDFPeers & Comparison
IndustrialsElectrical Components & Equipments
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| HEG Ltd | 25.62 | 1.80 | 1.09% |
| Havells India Ltd | 98.08 | 16.74 | 0.45% |
| Polycab India Ltd | 56.92 | 12.32 | 0.44% |
| Apar Industries Ltd | 50.63 | 10.78 | 0.49% |
Price Comparison
Compare HEG with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Decreased Total Retail Holding
In last 3 months, retail holding in the company has decreased by 1.76%
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Shareholding History
Mutual Funds Holding Trend
Increased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has increased by 3.31%
Top 5 Mutual Funds holding HEG Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
SBI Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 3.8830% | Percentage of the fund’s portfolio invested in the stock 0.91% | Change in the portfolio weight of the stock over the last 3 months 0.91% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 48/62 (+13) |
SBI Energy Opportunities Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.9243% | Percentage of the fund’s portfolio invested in the stock 2.07% | Change in the portfolio weight of the stock over the last 3 months 0.64% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 17/31 (+5) |
SBI Flexicap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.0096% | Percentage of the fund’s portfolio invested in the stock 0.34% | Change in the portfolio weight of the stock over the last 3 months -0.04% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 81/113 (-3) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
Dividend Yield
Current dividend yield is 1.12%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹11.25 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJul 31, 2024
Dividend/Share
₹22.50
Ex DateEx Date
Jul 31, 2024
Cash Dividend
Ex DateEx DateAug 24, 2023
Dividend/Share
₹42.50
Ex DateEx Date
Aug 24, 2023
Cash Dividend
Ex DateEx DateAug 24, 2022
Dividend/Share
₹40.00
Ex DateEx Date
Aug 24, 2022
Cash Dividend
Ex DateEx DateJul 19, 2021
Dividend/Share
₹3.00
Ex DateEx Date
Jul 19, 2021
Cash Dividend
Ex DateEx DateFeb 17, 2020
Dividend/Share
₹25.00
Ex DateEx Date
Feb 17, 2020
Net profit of HEG declined 83.44% to Rs 23.04 crore in the quarter ended June 2024 as against Rs 139.12 crore during the previous quarter ended June 2023. Sales declined 14.89% to Rs 571.46 crore in the quarter ended June 2024 as against Rs 671.43 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales571.46671.43 -15 OPM %6.7722.51 - PBDT71.23210.26 -66 PBT23.73171.92 -86 NP23.04139.12 -83 Powered by Capital Market - Live
HEG will hold a meeting of the Board of Directors of the Company on 13 August 2024.Powered by Capital Market - Live
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Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of -17.14%, vs industry avg of 9.4%
Decreasing Market Share
Over the last 5 years, market share decreased from 12.03% to 2.96%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of -36.53%, vs industry avg of -4.88%