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HEG Ltd Share Price
Electrodes - Graphites
As on 22 January 2025 at 15:59 IST
About HEG Ltd
HEG Ltd is one of the largest manufacturers of graphite electrodes in India and globally. The company was established in the year 1977. Over many decades, it has become a leading integrated graphite electrode producer. HEG is headquartered in Noida, Uttar Pradesh, India. However, its main manufacturing facility is in Mandideep, Madhya Pradesh. The company produces Ultra High Power (UHP), High Power (H.P.), and Regular Power (R.P.) graphite electrodes. It also operates a 13.5 MW hydroelectric project. Operating in the graphite and carbon sector, HEG serves electric arc furnace steel producers worldwide. Read More...
Over 1 Month
-20.36%
Over 6 Months
3.24%
Over 1 Year
21.52%
Over 3 Years
27.27%
HEG Ltd Summary
Close
₹
416.20
Open
₹
425.50
High
₹
427.60
Low
₹
406.05
Volume
5,24,008
Net Turnover (in ₹)
₹
22,87,39,291.50
52Wk High
₹
619.50
52Wk Low
₹
321
52Wk High / Low
321
619.50
HEG Ltd Fundamentals
Key Financial Data
Market Cap (in ₹Cr)
₹
8,180.32
EPS (TTM)
7.09
Book Value (BV)
213.68
Div. Yield
1.06
%
P/E (TTM)
59.67
Price/Book Value
1.98
Delivery %
41.05
%
Face Value
2
Key Ratios
PE Ratio
30.74
PB Ratio
1.72
EV to Sales
3.07
PEG Ratio
-0.63
ROA
4.85
ROE
5.63
Debt-Equity
0.17
Net Profit Margin
9.67
Operating Profit Margin
21.95
HEG Ltd Financials
Profit and Loss
| Particulars (in ₹ Cr.) | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Total Revenue | 2,536.57 | 2,576.38 | 2,281.16 | 1,369.14 | 2,292.78 |
| Total Expenses | 2,222.86 | 1,977.15 | 1,761.16 | 1,399.89 | 2,263.49 |
| Profit Before Tax | 395.38 | 677.37 | 560.46 | -23.40 | 29.29 |
| Profit After Tax | 311.68 | 532.41 | 431.04 | -17.94 | 53.37 |
| Operating Profit after Depreciation | 349.45 | 625.23 | 527.48 | -19.39 | 65.80 |
Balance Sheet
| Particulars (in ₹ Cr.) | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Fixed Assets | 1,808.74 | 1,355.50 | 755.17 | 690.80 | 741.27 |
| Total Non Current Assets | 3,071.53 | 2,839.50 | 2,300.91 | 2,170.53 | 2,379.47 |
| Total Current Assets | 2,629.83 | 2,852.46 | 3,007.03 | 2,073.63 | 2,058.88 |
| TOTAL ASSETS | 5,701.37 | 5,691.96 | 5,307.94 | 4,244.17 | 4,438.35 |
| Total Shareholder's Fund | 4,425.94 | 4,280.94 | 3,913.63 | 3,495.07 | 3,511.72 |
Cash Flow
| Particulars (in ₹ Cr.) | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Net Cash from Operating Activities | 612.22 | 113.32 | -140.61 | 715.79 | 738.71 |
| Net Cash used in Investing Activities | -184.34 | -21.11 | -183.36 | -417.40 | -275.45 |
| Net Cash used in Financing Activities | -324.12 | -99.96 | 343.63 | -309.82 | -459.62 |
| Particulars (in ₹ Cr.) | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Total Revenue | 2,536.57 | 2,576.38 | 2,281.16 | 1,369.14 | 2,292.78 |
| Total Expenses | 2,221.33 | 1,975.90 | 1,761.16 | 1,399.89 | 2,263.49 |
| Profit Before Tax | 315.24 | 600.48 | 520 | -30.76 | 29.29 |
| Profit After Tax | 231.54 | 455.51 | 390.58 | -25.30 | 53.37 |
| Operating Profit after Depreciation | 350.98 | 626.48 | 527.48 | -19.39 | 65.80 |
Balance Sheet
| Particulars (in ₹ Cr.) | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Fixed Assets | 1,775.58 | 1,355.50 | 755.17 | 690.80 | 741.27 |
| Total Non Current Assets | 2,816.87 | 2,644.52 | 2,163.99 | 2,074.09 | 2,290.63 |
| Total Current Assets | 2,599.99 | 2,843.63 | 3,007.03 | 2,073.63 | 2,058.88 |
| TOTAL ASSETS | 5,416.86 | 5,488.15 | 5,171.02 | 4,147.72 | 4,349.51 |
| Total Shareholder's Fund | 4,145.08 | 4,077.22 | 3,776.71 | 3,398.63 | 3,422.88 |
Cash Flow
| Particulars (in ₹ Cr.) | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Net Cash from Operating Activities | 614.85 | 114.48 | -140.61 | 715.79 | 738.71 |
| Net Cash used in Investing Activities | -205.02 | -31.11 | -183.36 | -417.40 | -275.45 |
| Net Cash used in Financing Activities | -324.12 | -99.96 | 343.63 | -309.82 | -459.62 |
| Particulars (in ₹ Cr.) | 2024-09 | 2024-06 | 2024-03 | 2023-12 | 2023-09 |
|---|---|---|---|---|---|
| Total Revenue | 567.60 | 571.46 | 546.90 | 562.40 | 614.17 |
| Total Expenses | 470.99 | 532.77 | 505.77 | 475.76 | 512.32 |
| Profit Before Tax | 102.67 | 23.73 | 46.37 | 59.42 | 117.68 |
| Profit After Tax | 82.28 | 23.04 | 32.91 | 43.67 | 95.98 |
| Operating Profit after Depreciation | 159.95 | 79.70 | 105.44 | 116.54 | 164.69 |
| Particulars (in ₹ Cr.) | 2024-09 | 2024-06 | 2024-03 | 2023-12 | 2023-09 |
|---|---|---|---|---|---|
| Total Revenue | 567.60 | 571.46 | 546.90 | 562.40 | 614.17 |
| Total Expenses | 470.79 | 532.67 | 503.53 | 475.67 | 511.72 |
| Profit Before Tax | 82.48 | 3.26 | 48.61 | 52.83 | 83.46 |
| Profit After Tax | 62.09 | 2.58 | 35.15 | 37.08 | 61.76 |
| Operating Profit after Depreciation | 139.76 | 59.23 | 107.68 | 109.95 | 130.47 |
HEG Ltd Technicals
Support and Resistance
S3
S2
S1
Pivot
R1
R2
R3
S1
415.55
S2
407.20
S3
395.60
Pivot
427.15
R1
435.50
R2
447.10
R3
455.45
Moving Average
20 SMA
476.63
50 SMA
485.27
100 SMA
465.98
200 SMA
455.26
HEG Ltd Corporate Actions
HEG Ltd
₹22.5/Share
Announcement Date
31 Jul 2024
Record Date
01 Aug 2024
Div Yield
225%
HEG Ltd Peer Comparison
| Company | Price | Market Cap (in ₹ Cr) |
|---|---|---|
| HEG Ltd | ₹423.05 | ₹8,163.91 |
| Cummins India Ltd | ₹2,902.60 | ₹80,460.07 |
| Thermax Ltd | ₹3,898.90 | ₹46,457.85 |
| Jyoti CNC Automation Ltd | ₹1,256.80 | ₹28,582.53 |
| Carborundum Universal Ltd | ₹1,204.85 | ₹22,938.60 |
| Jupiter Wagons Ltd | ₹484.60 | ₹20,571.18 |
HEG Ltd News
HEG announces board meeting date
On 11 February 2025
15 Jan 2025, 10:47 am
HEG arm inks MoU with CGT for graphene production
HEG announced that its wholly owned subsidiary TACC has entered into a Non-Binding Memorandum of Understanding (MOU) with Ceylon Graphene Technologies (CGT) to explore joint graphene manufacturing initiatives.
11 Jan 2025, 03:16 pm
TACC signs MoU with Sri Lanka based Ceylon Graphene Technologies
11 Jan 2025, 12:33 pm
HEG Ltd leads losers in 'A' group
SignatureGlobal India Ltd, Can Fin Homes Ltd, Poly Medicure Ltd and Kaveri Seed Company Ltd are among the other losers in the BSE's 'A' group today, 06 December 2024.
06 Dec 2024, 03:00 pm
Volumes jump at HEG Ltd counter
HEG Ltd saw volume of 343.69 lakh shares by 14:14 IST on NSE, a 14.69 fold spurt over two-week average daily volume of 23.40 lakh shares
04 Dec 2024, 02:30 pm
HEG Ltd Stock Analysis
- Annual revenue for HEG Ltd decreased by 1.54% to ₹2,536.57 crore in FY 2024 from ₹2,576.38 crore in FY 2023.
- Annual Net Profit for HEG Ltd decreased by 49.17% to ₹231.54 crore in FY 2024 from ₹455.51 crore in FY 2023.
- Promoter Shareholding in HEG Ltd remains unchanged by 0.00% in the most recent quarter, from 55.78% in September 2024 to 55.78% in December 2024.
- HEG Ltd delivered a 1-year return of 21.52% compared to the Nifty 50, which provided a return of 8.41% as of the last trading session.
- HEG Ltd share price moved down by 1.82% from its previous close of INR ₹423.90. The latest HEG Ltd share price is INR ₹416.20.
- HEG Ltd share price today has been at a low of 406.05 and a high of 427.60. Over the past 52 weeks, the HEG Ltd share price has seen a low of 321 and a high of 619.50.
About HEG Ltd
H.E.G. Ltd is one of the largest manufacturers of graphite electrodes in India. The company operates in the graphite and carbon sector, specifically in manufacturing graphite electrodes and power generation through its hydroelectric project.
Established in 1977, H.E.G. has been in operation for many decades. The company's headquarters is located in Noida, Uttar Pradesh. Its main manufacturing facility is situated in Mandideep, Madhya Pradesh.
The L.N.J. Bhilwara Group promotes the company led by the Bhilwara family. Ravi Jhunjhunwala serves as the Chairman, Managing Director & C.E.O. The promoter shareholding stands at 55.78%. This indicates strong promoter commitment to the business. Among the total stake, Norbury Investments Ltd. and Microlight Investments Ltd. own the highest 13.90% and 12.09% shareholding.
The crucial managerial promoter of the company include:
H.E.G.'s main products include Ultra High Power (UHP) Graphite Electrodes and High Power (H.P.) Graphite Electrodes. It also offers Regular Power (R.P.) Graphite Electrodes and Power generation through its 13.5 MW hydroelectric project.
The company's registered office is in Mandideep (Near Bhopal), Dist. Raisen - 462046, Madhya Pradesh. Its registrar & transfer agent is M.C.S. Share Transfer Agent Limited.
The company has established itself as a leading player in the global graphite electrode industry. It is serving electric arc furnace steel producers worldwide. Its state-of-the-art manufacturing facility and focus on quality have made it a preferred supplier to significant steel manufacturers globally.
Manufacturing Excellence
The company's success largely stems from its world-class manufacturing facility in Mandideep. The plant's 80,000 MT annual capacity makes it one of the largest integrated graphite electrode manufacturing facilities globally. H.E.G. has consistently invested in modernizing its facilities and upgrading technology. This enables it to produce ultra-high-power grade electrodes that meet the most demanding international standards. This manufacturing process has been crucial in winning and retaining global customers.
Quality and Product Innovation
H.E.G.'s commitment to quality has been a cornerstone of its success. The company maintains stringent quality control measures throughout its production process. This helped it to earn various international certifications. Its research and development efforts have led to continuous improvements in product quality and performance, particularly in developing superior grades of UHP electrodes. This focus on quality has helped H.E.G. establish long-term relationships with premium steel manufacturers worldwide.
Market Leadership
The company's success in capturing significant domestic and international market share demonstrates its competitive strength. H.E.G. has successfully positioned itself as a reliable supplier to electric arc furnace steel producers across several countries. Its ability to maintain consistent quality while meeting large volume requirements has made it a preferred vendor for major steel manufacturers globally.
Financial Performance
H.E.G.'s financial success is reflected in its strong balance sheet and consistent performance over the years. The company has maintained healthy profit margins through efficient cost management and optimal capacity utilization. Its strategic decision to remain debt-light while continuing investments in capacity expansion and technology upgradation has contributed to its financial stability.
Export Excellence
A significant part of H.E.G.'s success story is its strong export performance. The company exports a major part of its production to international markets. This contributes significantly to India's foreign exchange earnings. Its success in competing with global players in international markets has established India's capabilities in manufacturing high-tech products.
Sustainable Practices
The company's success extends to its environmental initiatives. H.E.G. has successfully integrated sustainable practices into its operations. This commitment to sustainability has reduced operational costs and aligned the company with global environmental standards, enhancing its appeal to environmentally conscious customers.
Market Adaptability
H.E.G.'s success in navigating market cycles demonstrates its adaptability. The company has successfully managed through various industry cycles by maintaining operational flexibility and financial prudence. Its ability to scale production based on market demand while maintaining quality standards has been crucial to its sustained success.
H.E.G. Ltd's success story is a testament to the power of focused strategy, technological excellence, and consistent execution. From its manufacturing excellence to its global market presence, the company has demonstrated how Indian manufacturers can compete successfully in the global market. Its commitment to quality, sustainability, and innovation continues to drive its growth trajectory. As the steel industry evolves and demand for graphite electrodes grows, H.E.G.'s strong foundation and market leadership position it well for continued success in the future. The company serves as an inspiring example of how Indian manufacturing companies can achieve global leadership through strategic vision, operational excellence, and sustainable practices.
Established in 1977, H.E.G. has been in operation for many decades. The company's headquarters is located in Noida, Uttar Pradesh. Its main manufacturing facility is situated in Mandideep, Madhya Pradesh.
The L.N.J. Bhilwara Group promotes the company led by the Bhilwara family. Ravi Jhunjhunwala serves as the Chairman, Managing Director & C.E.O. The promoter shareholding stands at 55.78%. This indicates strong promoter commitment to the business. Among the total stake, Norbury Investments Ltd. and Microlight Investments Ltd. own the highest 13.90% and 12.09% shareholding.
The crucial managerial promoter of the company include:
- L N Jhunjhunwala
- Riju Jhunjhunwala
- Manish Gulati
- Vinita Singhania
H.E.G.'s main products include Ultra High Power (UHP) Graphite Electrodes and High Power (H.P.) Graphite Electrodes. It also offers Regular Power (R.P.) Graphite Electrodes and Power generation through its 13.5 MW hydroelectric project.
The company's registered office is in Mandideep (Near Bhopal), Dist. Raisen - 462046, Madhya Pradesh. Its registrar & transfer agent is M.C.S. Share Transfer Agent Limited.
The company has established itself as a leading player in the global graphite electrode industry. It is serving electric arc furnace steel producers worldwide. Its state-of-the-art manufacturing facility and focus on quality have made it a preferred supplier to significant steel manufacturers globally.
The Success of the Company
H.E.G. Ltd's journey from a modest beginning to becoming one of the world's leading graphite electrode manufacturers. This represents a remarkable success story in Indian manufacturing. The company's strategic vision, technological excellence, and market adaptability have been critical factors in establishing its position as a global leader in the graphite electrode industry.Manufacturing Excellence
The company's success largely stems from its world-class manufacturing facility in Mandideep. The plant's 80,000 MT annual capacity makes it one of the largest integrated graphite electrode manufacturing facilities globally. H.E.G. has consistently invested in modernizing its facilities and upgrading technology. This enables it to produce ultra-high-power grade electrodes that meet the most demanding international standards. This manufacturing process has been crucial in winning and retaining global customers.
Quality and Product Innovation
H.E.G.'s commitment to quality has been a cornerstone of its success. The company maintains stringent quality control measures throughout its production process. This helped it to earn various international certifications. Its research and development efforts have led to continuous improvements in product quality and performance, particularly in developing superior grades of UHP electrodes. This focus on quality has helped H.E.G. establish long-term relationships with premium steel manufacturers worldwide.
Market Leadership
The company's success in capturing significant domestic and international market share demonstrates its competitive strength. H.E.G. has successfully positioned itself as a reliable supplier to electric arc furnace steel producers across several countries. Its ability to maintain consistent quality while meeting large volume requirements has made it a preferred vendor for major steel manufacturers globally.
Financial Performance
H.E.G.'s financial success is reflected in its strong balance sheet and consistent performance over the years. The company has maintained healthy profit margins through efficient cost management and optimal capacity utilization. Its strategic decision to remain debt-light while continuing investments in capacity expansion and technology upgradation has contributed to its financial stability.
Export Excellence
A significant part of H.E.G.'s success story is its strong export performance. The company exports a major part of its production to international markets. This contributes significantly to India's foreign exchange earnings. Its success in competing with global players in international markets has established India's capabilities in manufacturing high-tech products.
Sustainable Practices
The company's success extends to its environmental initiatives. H.E.G. has successfully integrated sustainable practices into its operations. This commitment to sustainability has reduced operational costs and aligned the company with global environmental standards, enhancing its appeal to environmentally conscious customers.
Market Adaptability
H.E.G.'s success in navigating market cycles demonstrates its adaptability. The company has successfully managed through various industry cycles by maintaining operational flexibility and financial prudence. Its ability to scale production based on market demand while maintaining quality standards has been crucial to its sustained success.
H.E.G. Ltd's success story is a testament to the power of focused strategy, technological excellence, and consistent execution. From its manufacturing excellence to its global market presence, the company has demonstrated how Indian manufacturers can compete successfully in the global market. Its commitment to quality, sustainability, and innovation continues to drive its growth trajectory. As the steel industry evolves and demand for graphite electrodes grows, H.E.G.'s strong foundation and market leadership position it well for continued success in the future. The company serves as an inspiring example of how Indian manufacturing companies can achieve global leadership through strategic vision, operational excellence, and sustainable practices.
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FAQ’s
What is the share price of HEG Ltd today?
HEG Ltd share price as on 22 Jan 2025 is ₹
416.2
What is the Market Cap of HEG Ltd?
The market cap of HEG Ltd stock is ₹8,180.32 Cr.
What is the PE Ratio of HEG Ltd?
The Price to Earnings (P/E) Ratio of HEG Ltd is 30.74
What is the PB Ratio of HEG Ltd?
The Price to Book (P/B) Ratio of HEG Ltd is 1.72
What is the 52 week high of HEG Ltd Share Price?
The 52 week high of HEG Ltd share price stands at ₹619.50
What is the 52 week low of HEG Ltd Share Price?
The 52 week low of HEG Ltd share price stands at ₹321
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