HEG Limited (IN:HEG)
:HEG
HEG Stock Chart & Stats
₹619.70
-₹8.65(-1.81%)
At close: 4:00 PM EST
₹619.70
-₹8.65(-1.81%)
Day’s Range― - ―
52-Week Range₹405.40 - ₹672.20
Previous CloseN/A
Volume440.35K
Average Volume (3M)56.23K
Market Cap
₹106.17B
Enterprise Value₹112.29B
Total Cash (Recent Filing)₹8.60B
Total Debt (Recent Filing)₹6.44B
Price to Earnings (P/E)14.5
Beta1.47
Next Earnings
May 27, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield0.33%
Share Statistics
EPS (TTM)10.72
Shares Outstanding192,977,520
10 Day Avg. Volume89,538
30 Day Avg. Volume56,228
Financial Highlights & Ratios
PEG Ratio-1.28
Price to Book (P/B)2.09
Price to Sales (P/S)4.34
P/FCF Ratio95.57
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹647.50Price Target Upside4.49% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)30.24
Revenue Forecast (FY)₹33.35B
Bulls Say, Bears Say
Bulls Say
Low Leverage And Strong Equity BaseA very low debt-to-equity ratio and high equity ratio give HEG durable financial flexibility. This balance sheet strength supports capital spending, cyclical downturns, and potential strategic investments without increasing leverage, preserving long-term solvency and optionality.
High Gross Profit MarginA sustained gross margin near 43% implies structural production efficiency or pricing power in graphite electrodes. High gross margins provide a cushion for operating leverage and support profitability even if volume or selling prices moderate, aiding long-term margin sustainability.
Strategic Supplier To EAF SteelmakersHEG's focus on graphite electrodes for EAF steelmaking ties it to a structural industry shift: greater EAF adoption for lower-emission steel. As a specialized supplier, HEG benefits from durable demand from steelmakers converting to or expanding EAF capacity, supporting long-term sales potential.
Bears Say
Declining Revenue And Net MarginsA multi-point drop in revenue and a halving of net margin indicate structural pressures on demand, pricing, or cost absorption. Persistent top-line contraction plus compressed net margins reduces retained earnings and hampers reinvestment, threatening medium-term earnings recovery.
Weakened Operating Cash GenerationOperating cash flow falling materially constrains free cash available for capex, dividends, or debt reduction. An OCF-to-net-income ratio below 1 signals earnings quality concerns; sustained weak cash generation reduces strategic flexibility and raises execution risk over coming quarters.
Very Low Return On EquityROE near 2.6% despite a strong equity base implies the company is not generating adequate returns on capital. For equity holders, persistently low ROE signals operational inefficiency or poor capital allocation, limiting long-term shareholder value creation unless operational performance improves.
HEG Limited News
HEG FAQ
What was HEG Limited’s price range in the past 12 months?
HEG Limited lowest stock price was ₹405.40 and its highest was ₹672.20 in the past 12 months.
What is HEG Limited’s market cap?
HEG Limited’s market cap is ₹106.17B.
When is HEG Limited’s upcoming earnings report date?
HEG Limited’s upcoming earnings report date is May 27, 2026 which is in 51 days.
How were HEG Limited’s earnings last quarter?
HEG Limited released its earnings results on Feb 10, 2026. The company reported ₹10.725 earnings per share for the quarter, beating the consensus estimate of ₹3.5 by ₹7.225.
Is HEG Limited overvalued?
According to Wall Street analysts HEG Limited’s price is currently Undervalued.
Does HEG Limited pay dividends?
HEG Limited pays a Annually dividend of ₹1.8 which represents an annual dividend yield of 0.33%. See more information on HEG Limited dividends here
What is HEG Limited’s EPS estimate?
HEG Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does HEG Limited have?
HEG Limited has 192,977,520 shares outstanding.
What happened to HEG Limited’s price movement after its last earnings report?
HEG Limited reported an EPS of ₹10.725 in its last earnings report, beating expectations of ₹3.5. Following the earnings report the stock price went up 2.869%.
Which hedge fund is a major shareholder of HEG Limited?
Currently, no hedge funds are holding shares in IN:HEG
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
HEG Limited
HEG Limited manufactures and sells graphite electrodes primarily for steel manufacturers in India. It operates through two segments, Graphite Electrodes and Power Generation. The company provides ultra-high power, high-power, and regular power grade graphite electrodes and nipples; carbon blocks; graphite specialties; and activated carbon fabric products for use in air-conditioner and air purifying filters, clean rooms, pollution control filters, anti-pollution masks, refrigerator deodorizers, and cigarette filters. It also operates two thermal power plants and a hydroelectric power facility with total power generation capacity of 76.5 MW. The company also exports its products to approximately 30 countries. HEG Limited was incorporated in 1972 and is headquartered in Noida, India.
HEG Stock 12 Month Forecast
Average Price Target
₹647.50
▲(4.49% Upside)
Technical Analysis
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