HEG Limited (IN:HEG)
:HEG
Want to see IN:HEG full AI Analyst Report?
HEG Stock Chart & Stats
₹632.55
-₹8.65(-1.81%)
At close: 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
₹101.54B
Enterprise Value₹114.85B
Total Cash (Recent Filing)₹8.60B
Total Debt (Recent Filing)₹6.44B
Price to Earnings (P/E)29.7
Beta1.49
Next Earnings
Aug 12, 2026EPS 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
₹630.00Price 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
Solid Balance SheetThe company’s large equity base and moderate leverage provide financial resilience for capital-intensive graphite electrode production. A strong balance sheet supports working capital, capex and export activity over the medium term, preserving strategic optionality even across cycles.
Revenue And Earnings RecoveryRecurring revenue growth and a rebound to 2026 net income of 3.41B on 25.69B revenue indicate demand recovery. Sustained top-line growth and resumed profitability improve capacity to reinvest and stabilize operations over the next several quarters versus prior losses.
Strategic Product ExposureHEG’s core product—graphite electrodes for electric arc furnaces—is a critical input for EAF steel production. This structural positioning ties HEG’s revenue to ongoing EAF-based steelmaking and global steel demand, offering durable market relevance across 2–6 months.
Bears Say
Weak And Volatile Cash GenerationOperating cash flow deterioration and a negative free cash flow in 2026 constrain the firm’s ability to fund capex, reduce debt, or smooth working capital. Persistent cash volatility increases financing risk and limits strategic flexibility during industry cyclicality.
Volatile Profitability And MarginsMargins and earnings have swung materially across cycles, peaking in 2022–23 and compressing thereafter. This earnings volatility reflects exposure to raw material and steel-cycle swings, making operational planning and margin sustainability uncertain over the medium term.
Rising Debt Trend Reduces FlexibilityAn upward debt trend reduces financial flexibility at a time when cash generation is weakening. Higher leverage limits capacity to absorb cyclical downturns, increases interest burden risk, and may constrain investments or dividend policies if earnings soften again.
HEG Limited News
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 ₹101.54B.
When is HEG Limited’s upcoming earnings report date?
HEG Limited’s upcoming earnings report date is Aug 12, 2026 which is in 59 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.
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 -₹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
Established in Noida, India, in 1972, HEG Limited is a prominent manufacturer and global supplier of graphite electrodes. While its primary market remains India's steel industry, the company successfully exports its products to approximately 30 countries worldwide. HEG operates through two core divisions: Graphite Electrodes and Power Generation. The Graphite Electrodes segment produces a comprehensive array of products, including ultra-high, high, and regular power grade graphite electrodes, nipples, carbon blocks, and specialized graphite items. This division also manufactures activated carbon fabric, which is utilized in air conditioning and purification filters, clean rooms, pollution control systems, anti-pollution masks, refrigerator deodorizers, and cigarette filters. Within its Power Generation segment, HEG owns and manages two thermal power plants and one hydroelectric facility, with a combined generating capacity of 76.5 megawatts.
HEG Stock 12 Month Forecast
Average Price Target
₹630.00
▼(-0.40% Downside)
Technical Analysis
Finolex Cables Limited
―
Genus Power Infrastructures Limited
―
Graphite India Limited
―
Precision Wires India Limited
―
RR Kabel Ltd.
―