| Quarterly Financials | Jun 2018 | Sept 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sept 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sept 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 |
Revenue  | 1,595 | 1,814 | 1,902 | 1,389 | 856 | 599 | 421 | 417 | 279 | 339 | 345 | 406 | 436 | 543 | 612 | 691 | 743 | 618 | 570 | 659 | 739 | 677 | 592 | 611 | 613 | 631 | 590 | 590 |
| Expenses | 399 | 425 | 552 | 559 | 469 | 425 | 389 | 872 | 245 | 365 | 321 | 385 | 341 | 376 | 441 | 516 | 538 | 419 | 398 | 493 | 520 | 512 | 476 | 506 | 533 | 471 | 412 | 608 |
| EBITDA | 1,196 | 1,389 | 1,351 | 830 | 387 | 174 | 32 | -455 | 35 | -26 | 24 | 20 | 95 | 167 | 171 | 174 | 205 | 198 | 172 | 166 | 219 | 165 | 117 | 105 | 80 | 160 | 179 | -18 |
| Operating Profit % | 75 % | 76 % | 70 % | 59 % | 43 % | 25 % | 1 % | -133 % | -5 % | -13 % | -0 % | -1 % | 18 % | 27 % | 26 % | 23 % | 25 % | 30 % | 25 % | 20 % | 23 % | 17 % | 15 % | 8 % | 7 % | 17 % | 14 % | -12 % |
| Depreciation | 18 | 18 | 19 | 18 | 18 | 18 | 18 | 19 | 18 | 18 | 19 | 19 | 19 | 18 | 21 | 21 | 21 | 23 | 25 | 33 | 38 | 39 | 47 | 50 | 48 | 48 | 51 | 55 |
| Interest | 2 | 5 | 4 | 6 | 9 | 10 | 9 | 9 | 6 | 3 | 1 | 1 | 1 | 1 | 4 | 1 | 4 | 7 | 8 | 7 | 9 | 9 | 10 | 9 | 9 | 9 | 9 | 12 |
| Profit Before Tax | 1,177 | 1,366 | 1,329 | 806 | 360 | 146 | 6 | -483 | 11 | -47 | 4 | 1 | 75 | 148 | 146 | 152 | 180 | 168 | 139 | 125 | 172 | 118 | 59 | 46 | 24 | 103 | 119 | -85 |
| Tax | 401 | 463 | 463 | 324 | 117 | -56 | 7 | -106 | -3 | -32 | 5 | 17 | 18 | 17 | 32 | 23 | 21 | -1 | 34 | 25 | 33 | 22 | 16 | 14 | 1 | 20 | 35 | -11 |
| Net Profit | 776 | 903 | 866 | 482 | 244 | 202 | -1 | -377 | 14 | -15 | -1 | -16 | 57 | 132 | 114 | 129 | 159 | 169 | 105 | 100 | 139 | 96 | 44 | 33 | 23 | 82 | 83 | -74 |
| EPS in ₹ | 194.11 | 225.93 | 216.58 | 124.96 | 63.08 | 52.42 | -0.32 | -97.67 | 3.71 | -3.98 | -0.21 | -4.17 | 14.71 | 34.07 | 29.40 | 33.49 | 41.20 | 43.77 | 27.13 | 25.84 | 36.05 | 24.87 | 11.32 | 8.53 | 5.97 | 21.48 | 4.32 | -3.82 |
HEG
522.50
-2.00
(-0.38%)
Market Cap
10,083.08 Cr
EPS
80.75
PE Ratio
88.05
Dividend Yield
0.34 %
Industry
Industrial Products52 Week High
619.50
52 Week Low
331.25
PB Ratio
2.27
Debt to Equity
0.16
Investment Returns
In Long Term
In Short Term
1 Year
0.00%
2 Years
0.00%
3 Years
0.00%
4 Years
0.00%
5 Years
0.00%
Analyst Rating
- By Refinitiv from2 analysts
Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
6,027.50 | #1 12,233.46 | 48.82 | 1,917.00 | 17.03 | 265 | -13.81 | 69.98 | |
542.00 | 10,589.36 | 23.44 | 3,254.10 | -1.80 | #1 805 | 206.25 | 56.80 | |
522.50 | #3 10,083.08 | #8 88.05 | #3 2,536.60 | #8 -1.54 | #2 312 | #10 -324.01 | 60.69 | |
451.10 | 9,315.28 | 46.12 | #1 3,792.10 | #1 38.34 | -100 | 114.04 | 47.18 | |
712.00 | 3,268.45 | 88.29 | 133.10 | -3.41 | 26 | 27.85 | 58.06 | |
524.30 | 1,889.54 | 44.10 | 1,658.30 | 18.48 | 82 | -32.80 | 69.59 | |
1,481.00 | 829.41 | 29.09 | 113.80 | 0.98 | 16 | #1 314.29 | 54.51 | |
898.00 | 476.72 | 286.36 | 79.00 | 2.07 | 19 | -42.11 | 63.47 | |
36.61 | 438.00 | 42.29 | 316.40 | 2.03 | 19 | -18.60 | 55.96 | |
576.10 | 276.52 | #1 12.98 | 61.70 | 7.12 | 19 | 4.26 | 85.69 |
Forecast
Actual
Growth Rate
Revenue Growth
-1.54 %
Net Income Growth
-41.45 %
Cash Flow Change
440.26 %
ROE
-43.41 %
ROCE
-40.82 %
EBITDA Margin (Avg.)
-26.84 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Total Assets | 2,246 | 1,953 | 1,853 | 2,739 | 5,144 | 4,438 | 4,244 | 5,308 | 5,692 | 5,701 |
| Fixed Assets | 907 | 935 | 889 | 833 | 788 | 745 | 694 | 763 | 1,363 | 1,816 |
| Current Assets | 926 | 735 | 701 | 1,615 | 3,436 | 2,059 | 2,074 | 3,007 | 2,853 | 2,630 |
| Capital Work in Progress | 108 | 27 | 1 | 2 | 19 | 101 | 373 | 696 | 472 | 212 |
| Investments | 0 | 225 | 231 | 248 | 942 | 1,245 | 1,358 | 1,171 | 859 | 1,200 |
| Other Assets | 1,232 | 767 | 732 | 1,656 | 3,396 | 2,348 | 1,819 | 2,678 | 2,998 | 2,474 |
| Total Liabilities | 2,246 | 1,953 | 1,853 | 2,739 | 5,144 | 4,438 | 4,244 | 5,308 | 5,692 | 5,701 |
| Current Liabilities | 878 | 745 | 698 | 707 | 1,218 | 817 | 644 | 1,287 | 1,316 | 1,168 |
| Non Current Liabilities | 354 | 212 | 202 | 125 | 133 | 110 | 105 | 107 | 95 | 108 |
| Total Equity | 1,014 | 996 | 953 | 1,908 | 3,794 | 3,512 | 3,495 | 3,914 | 4,281 | 4,426 |
| Reserve & Surplus | 974 | 956 | 913 | 1,868 | 3,755 | 3,473 | 3,457 | 3,875 | 4,242 | 4,387 |
| Share Capital | 40 | 40 | 40 | 40 | 39 | 39 | 39 | 39 | 39 | 39 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Net Cash Flow | -8 | 1 | 3 | -3 | 24 | 4 | -11 | 20 | -8 | 104 |
| Investing Activities | -83 | -29 | -1 | -9 | -676 | -276 | -417 | -183 | -21 | -184 |
| Operating Activities | 277 | 249 | 157 | 594 | 1,488 | 739 | 716 | -141 | 113 | 612 |
| Financing Activities | -202 | -220 | -153 | -588 | -789 | -460 | -310 | 344 | -100 | -324 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 |
| Promoter | 59.62 % | 59.62 % | 55.13 % | 55.13 % | 55.13 % | 55.13 % | 55.13 % | 55.13 % | 55.78 % | 55.78 % | 55.78 % | 55.78 % | 55.78 % | 55.78 % | 55.78 % | 55.78 % | 55.78 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 6.86 % | 6.05 % | 6.92 % | 7.08 % | 7.19 % |
| DIIs | 7.40 % | 7.48 % | 7.50 % | 7.49 % | 8.19 % | 8.44 % | 8.46 % | 6.69 % | 6.27 % | 6.81 % | 6.50 % | 8.09 % | 10.39 % | 13.10 % | 12.81 % | 12.09 % | 11.65 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 18.14 % | 17.06 % | 14.47 % | 15.32 % | 19.00 % | 20.91 % | 22.16 % | 24.34 % | 23.60 % | 21.70 % | 21.79 % | 19.21 % | 18.15 % | 16.61 % | 16.10 % | 17.04 % | 17.33 % |
| Others | 14.83 % | 15.83 % | 22.90 % | 22.05 % | 17.68 % | 15.51 % | 14.24 % | 13.84 % | 14.35 % | 15.70 % | 15.93 % | 16.91 % | 8.81 % | 8.46 % | 8.39 % | 8.01 % | 8.05 % |
| No of Share Holders | 1,38,975 | 1,42,607 | 1,26,009 | 1,27,059 | 1,43,578 | 1,45,488 | 1,47,246 | 1,52,118 | 1,48,269 | 1,35,519 | 1,37,342 | 1,32,662 | 1,29,905 | 1,19,399 | 1,18,471 | 1,52,166 | 1,53,063 |
Dividend History
Dividends per share (FY)
Dividend yield (FY) %
Dividends per share (FY)
Dividend yield (FY) %
| Annual Cash Flows | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 0.00 | 0.00 | 80 | 80 | 25 | 3 | 40 | 42.5 | 22.5 | 0.00 |
| Dividend Yield (%) | 0.00 | 0.00 | 19.11 | 82.64 | 8.54 | 1.09 | 21.72 | 11.52 | 4.66 | 0.00 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 19 May 2025 |  Quarterly Result Announcement | NA | 19 May 2025 | 473.75 | 490.60 |
| 11 Feb 2025 | Quarterly Result Announcement | NA | 11 Feb 2025 | 424.05 | 365.75 |
| 13 Nov 2024 | Quarterly Result Announcement | NA | 13 Nov 2024 | 494.82 | 416.30 |
| 13 Aug 2024 |  Split | 2:10 | 18 Oct 2024 | 420.13 | 420.13 |
| 07 Aug 2024 |  Annual General Meeting | NA | 07 Aug 2024 | 450.69 | 398.28 |
| 01 Aug 2024 |  Dividend | ₹ 22.50 /share | 31 Jul 2024 | 513.55 | 444.87 |
| 25 Aug 2023 | Dividend | ₹ 42.50 /share | 24 Aug 2023 | 244.90 | 351.65 |
| 26 Aug 2022 | Dividend | ₹ 40.00 /share | 24 Aug 2022 | 209.63 | 257.74 |
| 21 Jul 2021 | Dividend | ₹ 3.00 /share | 19 Jul 2021 | 470.65 | 439.00 |
Announcements
Announcement under Regulation 30 (LODR)-Change in Management
7 days ago
7 days agoEmail Communication To Shareholders Regarding Amendment In Taxation Provisions Relating To Dividend8 days ago
8 days agoAnnouncement under Regulation 30 (LODR)-Earnings Call Transcript8 days ago
8 days agoAnnouncement under Regulation 30 (LODR)-Credit Rating9 days ago
9 days agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeMay 26, 2025
May 26, 2025Announcement under Regulation 30 (LODR)-Investor PresentationMay 23, 2025
May 23, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 20, 2025
May 20, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 20, 2025
May 20, 2025Disclosure Of Details Of Agreements Executed By Its Non-Material Wholly Owned Subsidiary Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 As Amended ("SEBI Listing Regulations") In Which HEG Limited Is Not A PMay 19, 2025
May 19, 2025Corporate Action-Board approves DividendMay 19, 2025
May 19, 2025Continuation Of Smt. Vinita Singhania (DIN: 00042983) As Non-Executive Non-Independent Director Of The Company Who Will Be Attaining The Age Of 75 Years In FY 2026-27.May 19, 2025
May 19, 2025Appointment Of Secretarial Auditor Cost Auditor Internal Auditor And Tax AuditorMay 19, 2025
May 19, 2025Announcement under Regulation 30 (LODR)-Dividend UpdatesMay 19, 2025
May 19, 2025Audited Financial Results (Standalone & Consolidated) For The Quarter And Financial Year Ended March 31 2025.May 19, 2025
May 19, 2025Board Meeting Outcome for Outcome Of Board MeetingMay 19, 2025
May 19, 2025Information To Concerned Shareholders Inter-Alia With Regard To Registration Of Their Email Address Etc. With The Registrar And Share Transfer Agent / Depository Participants.May 17, 2025
May 17, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 09, 2025
May 09, 2025Intimation With Respect To Transfer Of Equity Shares Under Section 124(6) Of The Companies Act 2013 To The Investor Education And Protection Fund (IEPF) Authority.May 07, 2025
May 07, 2025Announcement under Regulation 30 (LODR)-Updates on AcquisitionMay 06, 2025
May 06, 2025Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 05, 2025
May 05, 2025Board Meeting Intimation for Audited Financial Results (Standalone & Consolidated) Of The Company For The Quarter And Financial Year Ended 31St March 2025 And For Recommending The Payment Of Dividend If Any For The Financial Year 2024-25.Apr 24, 2025
Apr 24, 2025Disclosure Under Regulation 30 Of SEBI (LODR) Regulations 2015Apr 22, 2025
Apr 22, 2025Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2Apr 09, 2025
Apr 09, 2025Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure AApr 07, 2025
Apr 07, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 03, 2025
Apr 03, 2025Closure of Trading WindowMar 25, 2025
Mar 25, 2025Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Mar 18, 2025
Mar 18, 2025Error In Uploading The Outcome Of Board Meeting Held Today I.E 10Th March 2025 And Clarification Thereof.Mar 10, 2025
Mar 10, 2025Outcome Of Board Meeting Dated March 10 2025- Approval Of The Execution Of Share Subscription And Shareholders Agreement.Mar 10, 2025
Mar 10, 2025Outcome Of Board Meeting Dated March 10 2025- Approval Of Modified Composite Scheme Of Arrangement Amongst HEG Limited And HEG Graphite Limited And Bhilwara Energy Limited And Their Respective Shareholders And Creditors Under Sections 230 To 232 Of The CoMar 10, 2025
Mar 10, 2025Announcement under Regulation 30 (LODR)-Scheme of ArrangementMar 10, 2025
Mar 10, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseMar 10, 2025
Mar 10, 2025Board Meeting Outcome for Board Of Directors Of The Company ("The Board") At Its Meeting Today I.E. 10 March 2025 Has Approved The Execution Of Share Subscription And Shareholders AgreementMar 10, 2025
Mar 10, 2025Disclosure Under Regulation 7(2) Of SEBI (Prohibition Of Insider Trading) Regulation 2015Feb 19, 2025
Feb 19, 2025Disclosures under Reg. 10(6) of SEBI (SAST) Regulations 2011Feb 19, 2025
Feb 19, 2025Disclosures under Reg. 29(1) of SEBI (SAST) Regulations 2011Feb 19, 2025
Feb 19, 2025Disclosures under Reg. 29(1) of SEBI (SAST) Regulations 2011Feb 19, 2025
Feb 19, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptFeb 18, 2025
Feb 18, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeFeb 14, 2025
Feb 14, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseFeb 14, 2025
Feb 14, 2025Announcement under Regulation 30 (LODR)-Investor PresentationFeb 13, 2025
Feb 13, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationFeb 12, 2025
Feb 12, 2025Integrated Filing (Financial)Feb 11, 2025
Feb 11, 2025RECONSTITUTION OF COMMITTEESFeb 11, 2025
Feb 11, 2025CHANGE IN NAME OF CORPORATE SOCIAL RESPONSIBITY COMMITTEEFeb 11, 2025
Feb 11, 2025APPROVAL FOR GRANT OF INTER-CORPORATE UNSECURED LOAN TO BHILWARA ENERGY LIMITED AN ASSOCIATE COMPANYFeb 11, 2025
Feb 11, 2025APPROVAL FOR ENHANCEMENT OF INVESTMENT LIMITFeb 11, 2025
Feb 11, 2025THE UN-AUDITED FINANCIAL RESULTS (STANDALONE AND CONSOLIDATED) OF THE COMPANY FOR THE QUARTER AND NINE MONTHS ENDED DECEMBER 31 2024.Feb 11, 2025
Feb 11, 2025Board Meeting Outcome for Outcome Of Board MeetingFeb 11, 2025
Feb 11, 2025Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations 2015Feb 04, 2025
Feb 04, 2025Technical Indicators
RSI(14)
Neutral 60.69
ATR(14)
Less Volatile 22.27
STOCH(9,6)
Neutral 73.74
STOCH RSI(14)
Neutral 65.06
MACD(12,26)
Bullish 1.81
ADX(14)
Strong Trend 37.60
UO(9)
Bearish 43.51
ROC(12)
Uptrend And Accelerating 6.08
WillR(14)
Neutral -26.00
Mutual Fund Holdings
| Funding House | No of Shares | Current Holding % | 1M Change % | 3M Change % | Month | |
|---|---|---|---|---|---|---|
 SBI Energy Opportunities Fund Direct - Growth | 0 | 0.00% | -3.04% | -3.26% | May 2025 | |
 Bank of India ELSS Tax Saver Direct-Growth | 0 | 0.00% | -2.04% | -2.12% | May 2025 | |
| Bank of India Mid & Small Cap Equity & Debt Fund Direct-Growth | 0 | 0.00% | -1.72% | -1.83% | May 2025 | |
| Bank of India Flexi Cap Fund Direct-Growth | 0 | 0.00% | -1.67% | -1.74% | May 2025 | |
| Bank of India Small Cap Fund Direct-Growth | 0 | 0.00% | -1.52% | -1.64% | May 2025 | |
| Bank of India Midcap Tax Fund Series 2 Direct-Growth | 0 | 0.00% | -1.17% | -1.23% | May 2025 | |
| SBI Small Cap Fund Direct-Growth | 0 | 0.00% | -1.02% | -1.09% | May 2025 | |
| Bank of India Manufacturing & Infrastructure Fund Direct-Growth | 0 | 0.00% | -0.96% | -1.02% | May 2025 | |
| Bank of India Multi Cap Fund Direct-Growth | 0 | 0.00% | -0.83% | -0.88% | May 2025 | |
 Navi Flexi Cap Fund Direct - Growth | 0 | 0.00% | -0.76% | -0.80% | May 2025 | |
 Bajaj Finserv Multi Cap Fund Direct-Growth | 0 | 0.00% | -0.68% | -0.81% | May 2025 | |
| Bajaj Finserv Flexi Cap Fund Direct-Growth | 0 | 0.00% | -0.52% | -0.58% | May 2025 | |
| Navi Large & Midcap Fund Direct-Growth | 0 | 0.00% | -0.31% | -0.65% | May 2025 | |
 Kotak Nifty Smallcap 250 Index Fund Direct-Growth | 0 | 0.00% | -0.23% | -0.24% | May 2025 | |
 Groww Nifty Smallcap 250 Index Fund Direct - Growth | 0 | 0.00% | -0.23% | -0.24% | May 2025 | |
| SBI Nifty Smallcap 250 Index Fund Direct - Growth | 0 | 0.00% | -0.23% | -0.24% | May 2025 | |
 HDFC Nifty Smallcap 250 Index Fund Direct-Growth | 0 | 0.00% | -0.23% | -0.24% | May 2025 | |
 Nippon India Nifty Smallcap 250 Index Fund Direct - Growth | 0 | 0.00% | -0.23% | -0.24% | May 2025 | |
 ICICI Prudential Nifty Smallcap 250 Index Fund Direct - Growth | 0 | 0.00% | -0.23% | -0.24% | May 2025 | |
 Motilal Oswal Nifty Smallcap 250 Index Fund Direct - Growth | 0 | 0.00% | -0.23% | -0.24% | May 2025 | |
 Edelweiss Nifty Smallcap 250 Index Fund Direct - Growth | 0 | 0.00% | -0.23% | -0.24% | May 2025 | |
 Bandhan Nifty Smallcap 250 Index Fund Direct-Growth | 0 | 0.00% | -0.22% | -0.24% | May 2025 | |
| Nippon India Nifty 500 Equal Weight Index Fund Direct-Growth | 0 | 0.00% | -0.19% | -0.20% | May 2025 | |
| HDFC Nifty500 Multicap 50:25:25 Index Fund Direct-Growth | 0 | 0.00% | -0.06% | -0.06% | May 2025 | |
| Navi Nifty 500 Multicap 50:25:25 Index Fund Direct-Growth | 0 | 0.00% | -0.06% | -0.06% | May 2025 |
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