Welcome to Multibagg AI
Log in to access personalized features
Discovery themes featuring this stock
Investor Presentation
Q3 FY26
Investor Presentation
Q2 FY26
Investor Presentation
Q1 FY26
Available on Pro Plan
Unlock reports, presentations, and AI-powered insights.
Investor Presentation
Q4 FY25
Available on Pro Plan
Unlock reports, presentations, and AI-powered insights.
Investor Presentation
Q3 FY25
Available on Pro Plan
Unlock reports, presentations, and AI-powered insights.
Investor Presentation
Q2 FY25
Available on Pro Plan
Unlock reports, presentations, and AI-powered insights.
Investor Presentation
Q4 FY24
Available on Pro Plan
Unlock reports, presentations, and AI-powered insights.
Investor Presentation
Q4 FY24
Available on Pro Plan
Unlock reports, presentations, and AI-powered insights.
Get instant AI-powered insights about company performance, financials, and strategy. Ask questions about trends, competition, and developments while receiving responses backed by official documents and market data, with clear attribution to source documents.
Dashboard
Portfolio
Ask Iris
Discovery
Timeline
Multibagg AI is an AI powered stock research and analysis platform. We provide data, information, content, and analytics for publicly traded Indian companies listed on NSE and BSE. AI can make mistakes, check important information.
Prices might be delayed by a few minutes.
Join our Exclusive Community
Join our Exclusive Community
Made with 💙 in India. © Finsky Technologies Pvt Ltd. 2026
Discovery themes featuring this stockDiscover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.
View Standalone
View Standalone
View Standalone
View Standalone
View Standalone
View Standalone
View Standalone
View Standalone
| Symbol | Watchlist | Price | Market Cap | P/E | P/B | Div Yield (%) | ROE (%) | ROCE (%) | ROA (%) |
629.50 | 14,462 Cr | 43.96 | 2.46 | 1.49 | 4.10 | 5.46 | 4.35 | ||
548.55 | 12,700 Cr | 33.29 | 2.72 | 0.27 | 5.53 | 7.06 | 6.42 | ||
456.00 | 10,457 Cr | 39.60 | 6.28 | 0.29 | 15.87 | 21.32 | 12.28 | ||
401.85 | 8,397 Cr | 49.00 | 2.09 | 0.61 | 3.91 | 5.45 | 3.19 | ||
637.10 | 3,204 Cr | 58.48 | 13.11 | 0.14 | 22.41 | 28.15 | 19.30 | ||
171.70 | 1,350 Cr | 46.79 | 1.19 | 1.87 | 2.61 | 4.32 | 1.66 | ||
419.85 | 1,068 Cr | 60.71 | 9.17 | 0.00 | 14.90 | 20.41 | 14.54 | ||
| Median: 7 Co. | — | 456.00 | 8,397 Cr | 46.79 | 2.72 | 0.29 | 5.53 | 7.06 | 6.42 |
HEG Ltd (HEG) is currently trading at 596.00 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
HEG Limited is a leading Indian manufacturer and exporter of graphite electrodes, operating the world’s largest single‑site integrated plant at Mandideep with 100,000 tpa capacity, captive power and a long history within the LNJ Bhilwara Group; the company exports roughly two‑thirds of production to over 35 countries and supplies top global steelmakers. HEG has expanded capacity from 80,000 tpa to 100,000 tpa (operational since Nov 2023) and announced a brownfield addition of 15,000 tpa to reach 115,000 tpa by early 2028, while reporting industry‑leading utilizations of ~85% in the prior quarter and ~89% across three quarters, and a product mix of about 70–75% Ultra High Power electrodes. For the nine months ended December 2025 HEG reported standalone revenue of Rs.1,965 crore and standalone PAT of Rs.344 crore, with consolidated nine‑month PAT of Rs.455 crore; Q3 standalone EBITDA margin improved to 32%, the company remains long‑term debt free and holds investments and treasury balances of approximately Rs.1,155 crore. The medium‑term demand thesis rests on a secular shift to electric arc furnace steelmaking outside China, which management estimates could raise electrode demand by roughly 150,000–200,000 tonnes by 2030; near‑term headwinds include Chinese export pressure, tariff variability (notably US duties) and needle coke feedstock volatility which affect pricing and margins.
Over the past 52 weeks, HEG Ltd has traded between a low of ₹405.40 and a high of ₹672.20. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
HEG Ltd has a market capitalization of approximately 12,699.85. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
HEG Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 37.20 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 12,699.85 Cr, HEG Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
HEG Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of HEG Ltd is 37.20. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
The decline was linked to HEG’s Q4 FY26 earnings, where it reported a consolidated net loss of ₹113.77 crore, reversing from a ₹206.97 crore profit in Q3 FY26.
The stock fell after HEG reported a consolidated net loss of ₹73.67 crore in Q4 FY25, compared with a profit of ₹32.91 crore in the year-ago quarter.
HEG reported revenue from operations of ₹2,568.50 crore for the financial year ended March 31, 2026.
The scheme's primary goal is to restructure the company by demerging its graphite business into a new entity, HEG Graphite Limited, and merging Bhilwara Energy Limited into the existing company, which will be renamed HEG Greentech Limited.
Board Meeting Outcome
HEG's Board approved audited standalone and consolidated FY2025-26 results with unmodified audit opinion, recommended a final dividend of Rs.3.40/share, approved security for subsidiary's ₹1,239 crore facility, and made auditor/director appointments.
Board Resolutions
Board approved audited standalone & consolidated results for FY ended Mar 31, 2026 with unmodified audit opinion; recommended final dividend of Rs.3.40/sh; approved security for subsidiary loan (up to Rs.1,239 Cr); auditor appointments and director continuation.
Board meeting outcome
Board approved audited standalone & consolidated results for FY2025-26 (unmodified opinion), recommended final dividend of Rs.3.40/share, approved continuation of Shri Shekhar Agarwal as NED (subject to shareholder SR), reappointed auditors, and authorized security for TACC Ltd's funding up to Rs.1,239 crore.
Audited Financial Results
Board approved audited standalone & consolidated results for Q4/FY2026 with unmodified auditor opinion; recommended final dividend of Rs.3.40/share; approved security for wholly‑owned subsidiary borrowing (~₹1,239 crore) and auditor appointments.
Board Meeting Outcome
HEG Board approved audited standalone & consolidated FY2025-26 results (unmodified opinion); recommended final dividend Rs3.40/share (face Rs2) subject to AGM; approved director continuation, auditor appointments, UPSI code amendment, and security for TACC's Rs1,239cr SBI loan.
Bearish
2
Neutral
6
Bullish
6
Bearish
17
Neutral
6
Bullish
23
Bearish
15
Neutral
0
Bullish
17
HEG Limited is a leading Indian manufacturer and exporter of graphite electrodes, operating the world’s largest single‑site integrated plant at Mandideep with 100,000 tpa capacity, captive power and a long history within the LNJ Bhilwara Group; the company exports roughly two‑thirds of production to over 35 countries and supplies top global steelmakers.
HEG has expanded capacity from 80,000 tpa to 100,000 tpa (operational since Nov 2023) and announced a brownfield addition of 15,000 tpa to reach 115,000 tpa by early 2028, while reporting industry‑leading utilizations of ~85% in the prior quarter and ~89% across three quarters, and a product mix of about 70–75% Ultra High Power electrodes.
For the nine months ended December 2025 HEG reported standalone revenue of Rs.1,965 crore and standalone PAT of Rs.344 crore, with consolidated nine‑month PAT of Rs.455 crore; Q3 standalone EBITDA margin improved to 32%, the company remains long‑term debt free and holds investments and treasury balances of approximately Rs.1,155 crore.
The medium‑term demand thesis rests on a secular shift to electric arc furnace steelmaking outside China, which management estimates could raise electrode demand by roughly 150,000–200,000 tonnes by 2030; near‑term headwinds include Chinese export pressure, tariff variability (notably US duties) and needle coke feedstock volatility which affect pricing and margins.
Industrial Products
Electrodes & Refractories
12,700 Cr
High Risk
37.2
35.6
1.2
2.7
672.20
405.40
Sales CAGR
Profit CAGR
ROE
ROCE
