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HEG Limited (HEG) Price & Analysis

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HEG Stock Chart & Stats

₹632.55

-₹8.65(-1.81%)

At close: Jan 09 4:00 PM EST

₹632.55

-₹8.65(-1.81%)

Day’s Range― - ―

52-Week Range₹459.85 - ₹685.10

Previous CloseN/A

Volume440.35K

Average Volume (3M)56.23K

Market Cap

₹99.81B

Enterprise Value₹110.75B

Total Cash (Recent Filing)₹8.60B

Total Debt (Recent Filing)₹6.44B

Price to Earnings (P/E)29.2

Beta1.48

Next Earnings

Jul 22, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend Yield0.33%

Share Statistics

EPS (TTM)13.36

Shares Outstanding192,977,520

10 Day Avg. Volume89,538

30 Day Avg. Volume56,228

Financial Highlights & Ratios

PEG Ratio0.16

Price to Book (P/B)2.20

Price to Sales (P/S)4.07

P/FCF Ratio-159.87

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

₹630.00

Price Target Upside-0.40% Downside

Rating ConsensusModerate Buy

Number of Analyst Covering1

EPS Forecast (FY)27.7

Revenue Forecast (FY)₹32.56B

Bulls Say, Bears Say

Bulls Say

Balance-sheet StrengthA large equity base and moderate leverage provide durable financial flexibility across steel cycles. This strengthens the firm's ability to fund capex, tolerate temporary earnings pressure, and access capital without immediate distress, supporting multi‑month operational resilience.

Return To Revenue And Profit GrowthA meaningful recovery in top‑line and net income indicates demand normalization and improved operational performance. Sustained revenue growth and restored profitability increase the likelihood of rebuilding buffers and reinvesting in capacity over the coming 2–6 months.

Exposure To Structural EAF Steel DemandBeing a focused supplier to EAF steelmakers ties the business to a long‑term structural trend: broader adoption of EAF production. This durable end‑market exposure supports steady base demand and positions the company to benefit from secular shifts in steelmaking technology.

Bears Say

Weak And Volatile Cash GenerationDeclining operating cash flow and a 2026 negative free cash flow reduce the firm's internal funding capacity. Over a multi‑month horizon this limits ability to fund capex or smooth payouts, raises reliance on external financing, and increases vulnerability to margin shocks.

Volatile Earnings And MarginsHistorical profit volatility demonstrates sensitivity to cyclical demand and pricing. Such inconsistency undermines the predictability of cash flows and capital allocation decisions, making the earnings base less durable and increasing execution risk over the next several months.

Exposure To Raw Material And Demand CyclesDependence on volatile raw material costs and steel order volumes creates structural margin pressure. Commodity cost swings and lumpy orders can drive working capital volatility and compress margins, limiting sustained profitability absent hedges or long‑term contracts.

HEG Limited News

HEG Files SEBI Demat Compliance Certificate for June Quarter

HEG Limited ( ($IN:HEG) ) has issued an update. HEG Limited has filed a compliance certificate under Regulation...

17h ago

HEG

HEG sets 54th AGM via video link and proposes final dividend for FY26

HEG Limited ( ($IN:HEG) ) has provided an update. HEG Limited has scheduled its 54th Annual General Meeting...

5d ago

HEG

HEG Sets July 29 Virtual AGM, Aligns Key Dates for Voting and Dividend

An update from HEG Limited ( ($IN:HEG) ) is now available. HEG Limited has scheduled its 54th Annual...

10d ago

HEG

HEG sets fully virtual 54th AGM and key dates for dividend and e-voting

HEG Limited ( ($IN:HEG) ) has provided an update. HEG Limited has scheduled its 54th Annual General Meeting...

10d ago

HEG

HEG Limited announces resignation of non-executive director Vinita Singhania

HEG Limited ( ($IN:HEG) ) has shared an update. HEG Limited has announced that non-executive, non-independent director Vinita...

11d ago

HEG

HEG Reports No Re-lodgment Requests for Physical Share Transfers in April 2026

HEG Limited ( ($IN:HEG) ) has provided an update. HEG Limited has disclosed that its registrar and share...

2M ago

HEG

HEG shareholders and creditors clear all resolutions at NCLT-convened meetings

HEG Limited ( ($IN:HEG) ) has issued an update. HEG Limited has disclosed the results of court-convened meetings...

2M ago

HEG

HEG shareholders and creditors clear all NCLT-convened resolutions

HEG Limited ( ($IN:HEG) ) has issued an announcement. HEG Limited disclosed the voting results and consolidated scrutinizer’s...

2M ago

HEG

HEG clears FY26 results, dividend and governance moves, backs TACC funding

The latest announcement is out from HEG Limited ( ($IN:HEG) ). HEG Limited’s board has approved the audited...

2M ago

HEG

HEG Board Clears FY26 Results, Dividend and Security Backing for Subsidiary

An announcement from HEG Limited ( ($IN:HEG) ) is now available. HEG Limited’s board has approved the audited...

2M ago

HEG

HEG FAQ

What was HEG Limited’s price range in the past 12 months?

HEG Limited lowest stock price was ₹459.85 and its highest was ₹685.10 in the past 12 months.

What is HEG Limited’s market cap?

HEG Limited’s market cap is ₹99.81B.

When is HEG Limited’s upcoming earnings report date?

HEG Limited’s upcoming earnings report date is Jul 22, 2026 which is in 20 days.

How were HEG Limited’s earnings last quarter?

HEG Limited released its earnings results on Apr 29, 2026. The company reported -₹6.14 earnings per share for the quarter, missing the consensus estimate of ₹11.9 by -₹18.04.

Is HEG Limited overvalued?

According to Wall Street analysts HEG Limited’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does HEG Limited pay dividends?

HEG Limited pays a Annually dividend of ₹3.397 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 -₹6.14 in its last earnings report, missing expectations of ₹11.9. Following the earnings report the stock price went down -0.167%.

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 in India and internationally. The company operates through two segments, Graphite Electrodes and Power Generation segments. It provides ultra-high power and high power electrodes; graphite electrodes and nipples; blocks and rounds; graphite and carbon specialties; mini-rods; flux and heat exchanger tubes; custom machined components; and activated carbon fabric products. The company operates thermal power plants and a hydroelectric power facility. HEG Limited was incorporated in 1972 and is headquartered in Noida, India.

HEG Limited (HEG) Earnings & Revenues

Historic Earnings Reports

HEG Stock 12 Month Forecast

Average Price Target

₹630.00

▼(-0.40% Downside)

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Detailed Analyst Forecast >