HEG
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HEG

596.05
-62.35
(-9.47%)
Market Cap
11,502.43 Cr
PE Ratio
33.29
Volume
58,40,973.00
Day High - Low
623.85 - 580.20
52W High-Low
690.00 - 416.05
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Key Fundamentals
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Market Cap
11,502.43 Cr
EPS
5.96
PE Ratio
33.29
PB Ratio
2.72
Book Value
241.79
EBITDA
382.70
Dividend Yield
0.52 %
Return on Equity
2.58
Debt to Equity
0.14
Analyst Rating and Forecast
- By Refinitiv from3 analysts
BUY
Analysts have suggested that investors can buy this stock
Buy
Buy+100.00 %
+100.00 %
Hold
Hold0.0 %
0.0 %
Sell
Sell0.0 %
0.0 %
Forecast For
Actual

Company News

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negative
HEG Reports Widened Q4 Loss Despite Revenue Growth15 hrs ago
HEG Limited posted a standalone net loss of ₹1.6 billion in Q4 compared to ₹617 million loss in the previous year, while revenue increased to ₹6 billion from ₹5.4 billion year-on-year.
neutral
HEG Limited schedules FY26 annual results for April 29, 2026, appoints cost, internal, and tax auditors for upcoming financial year, and approves security creation for subsidiary TACC Limited.
neutral
HEG Limited announces Second 100 Days Campaign 'Saksham Niveshak' from April 01 to July 09, 2026, encouraging shareholders to update KYC details and opens special window for physical share transfers.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
707.10
#1 13,815.01
44.51
2,998.50
-7.85
#1 458
#1 419.05
56.10
596.05
#2 11,502.43
#4 33.29
#3 2,287.30
#9 -9.83
#4 115
#10 -54.41
48.82
519.10
10,535.70
39.60
2,163.30
12.85
264
33.89
62.56
403.90
8,340.59
48.99
#1 3,700.60
-2.41
203
29.68
55.08
700.00
3,213.84
58.45
257.07
#1 27.90
56
50.50
53.95
189.83
1,368.27
46.83
1,670.40
0.73
43
-40.91
65.23
502.65
1,092.56
54.80
97.50
-
15
56.41
65.83
1,379.80
772.67
33.28
113.80
0.98
16
-28.21
51.77
41.12
491.96
#1 24.74
331.00
4.61
10
158.82
53.22
855.65
454.23
33.03
74.40
-5.82
2
133.33
66.94
Growth Rate
Revenue Growth
-9.83 %
Net Income Growth
-63.07 %
Cash Flow Change
-54.31 %
ROE
-63.35 %
ROCE
-54.05 %
EBITDA Margin (Avg.)
-19.02 %

Quarterly Financial Results

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
Jun 2025
Sept 2025
Dec 2025
Mar 2026
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
585
700
819
823
675
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
603
512
581
513
752
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
189
238
309
-77
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 %
17 %
17 %
22 %
-25 %
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
53
54
54
53
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
8
9
9
11
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
128
175
246
-140
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
23
32
39
-26
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
105
143
207
-114
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
5.43
7.43
10.72
-5.90

Balance Sheet

Balance Sheet
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total Assets
2,246
1,953
1,853
2,739
5,144
4,438
4,244
5,308
5,692
5,701
5,648
Fixed Assets
907
935
889
833
788
745
694
763
1,363
1,816
1,938
Current Assets
926
735
701
1,615
3,436
2,059
2,074
3,007
2,853
2,630
2,457
Capital Work in Progress
108
27
1
2
19
101
373
696
472
212
71
Investments
0
225
231
248
942
1,245
1,358
1,171
859
1,200
1,400
Other Assets
1,232
767
732
1,656
3,396
2,348
1,819
2,678
2,998
2,474
2,238
Total Equity & Liabilities
2,246
1,953
1,853
2,739
5,144
4,438
4,244
5,308
5,692
5,701
5,648
Current Liabilities
878
745
698
707
1,218
817
644
1,287
1,316
1,168
1,086
Non Current Liabilities
354
212
202
125
133
110
105
107
95
108
109
Total Equity
1,014
996
953
1,908
3,794
3,512
3,495
3,914
4,281
4,426
4,454
Reserve & Surplus
974
956
913
1,868
3,755
3,473
3,457
3,875
4,242
4,387
4,415
Share Capital
40
40
40
40
39
39
39
39
39
39
39

Cash Flow

Cash Flow
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Net Cash Flow
-8
1
3
-3
24
4
-11
20
-8
104
-86
Investing Activities
-83
-29
-1
-9
-676
-276
-417
-183
-21
-184
-207
Operating Activities
277
249
157
594
1,488
739
716
-141
113
612
280
Financing Activities
-202
-220
-153
-588
-789
-460
-310
344
-100
-324
-159

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
Jun 2025
Sept 2025
Dec 2025
Mar 2026
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 %
55.78 %
55.78 %
56.13 %
56.28 %
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 %
7.30 %
7.96 %
8.53 %
10.24 %
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 %
11.60 %
11.98 %
12.14 %
8.62 %
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 %
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 %
16.95 %
15.99 %
15.37 %
16.57 %
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 %
8.37 %
8.28 %
7.83 %
8.29 %
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
1,48,036
1,41,576
1,32,314
1,37,675

Dividend History

Annual Cash Flows 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Dividend Per Share (₹) 0.00 80 80 25 3 40 42.5 22.5 1.8 0.00
Dividend Yield (%) 0.00 19.11 82.64 8.54 1.09 21.72 11.52 4.66 0.33 0.00

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
05 May 2026 EXTRAORDINARY GENERAL MEETING Extraordinary General Meeting
NA
05 May 2026 564.15 658.40
21 Jul 2021 DIVIDEND Dividend
₹ 3.00 /share
19 Jul 2021 470.65 439.00
26 Aug 2022 DIVIDEND Dividend
₹ 40.00 /share
24 Aug 2022 209.63 257.74
25 Aug 2023 DIVIDEND Dividend
₹ 42.50 /share
24 Aug 2023 244.90 351.65
01 Aug 2024 DIVIDEND Dividend
₹ 22.50 /share
31 Jul 2024 513.55 444.87
07 Aug 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
07 Aug 2024 450.69 398.28
13 Aug 2024 SPLIT Split
2:10
18 Oct 2024 420.13 420.13
13 Nov 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
13 Nov 2024 494.82 416.30
11 Feb 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
11 Feb 2025 424.05 365.75
19 May 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
19 May 2025 473.75 490.60
30 Jul 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
30 Jul 2025 505.15 525.35
13 Aug 2025 DIVIDEND Dividend
₹ 1.80 /share
13 Aug 2025 490.60 507.00
20 Aug 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
20 Aug 2025 503.25 509.55
10 Nov 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
10 Nov 2025 521.35 549.50
10 Feb 2026 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
10 Feb 2026 570.00 545.10
29 Apr 2026 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
29 Apr 2026 550.15 659.20

Announcements

Announcement under Regulation 30 (LODR)-Newspaper Publication13 hrs ago
Announcement under Regulation 30 (LODR)-Newspaper Publication1 day ago
Corporate Action-Board approves Dividend1 day ago
Announcement under Regulation 30 (LODR)-Code of Conduct under SEBI (PIT) Regulations 20151 day ago
Continuation Of Shri Shekhar Agarwal (DIN: 00066113) As Non-Executive Non-Independent Director Of The Company Who Will Be Attaining The Age Of 75 Years On 9Th October 2027 In Financial Year 2027-281 day ago
Appointment Of Cost Auditor Internal Auditor And Tax Auditor1 day ago
Approval For Creation Of Security In Favour Of Lender/Security Trustee On Behalf Of TACC Limited (Wholly Owned Subsidiary)1 day ago
Announcement under Regulation 30 (LODR)-Dividend Updates1 day ago
Audited Financial Results (Standalone & Consolidated) For The Quarter And Financial Year Ended March 31 2026.1 day ago
Board Meeting Outcome for Outcome Of Board Meeting Held On April 29 20261 day ago
Information To Concerned Shareholders Inter-Alia With Regard To Registration Of Their Email Address Etc. With The Registrar And Share Transfer Agent / Depository Participants.3 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation8 days ago
Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2Apr 08, 2026
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure AApr 08, 2026
RTA Report On Re-Lodgment Of Transfer Requests Of Physical Shares.Apr 06, 2026
Board Meeting Intimation for Audited Financial Results (Standalone & Consolidated) Of The Company For The Quarter And Financial Year Ended 31St March 2026 And For Recommending The Payment Of Dividend If Any For The Financial Year 2025-26.Apr 03, 2026
Notice Of Meetings Of Equity Shareholders Of Bhilwara Energy Limited (Transferor Company) Convened Pursuant To The Directions Of The Honble National Company Law Tribunal Indore Bench (Tribunal)Apr 03, 2026
Announcement under Regulation 30 (LODR)-Newspaper PublicationApr 03, 2026
Assignment Of ESG Score By NSE Sustainability Ratings And Analytics LimitedApr 02, 2026
Notice Of Meetings Of Equity Shareholders Secured Creditors And Unsecured Creditors Of HEG Limited (Company) Convened Pursuant To The Directions Of The Honble National Company Law Tribunal Indore Bench (Tribunal)Apr 02, 2026
Notice Of Meetings Of Equity Shareholders Secured Creditors And Unsecured Creditors Of HEG Limited (Company) Convened Pursuant To The Directions Of The Honble National Company Law Tribunal Indore Bench (Tribunal)Apr 02, 2026
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 02, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationApr 01, 2026
Update Regarding 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 Companies Act 2013 (Scheme)Mar 27, 2026
Closure of Trading WindowMar 25, 2026
Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015 (LODR) Mar 17, 2026
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Mar 13, 2026
Disclosure Under Regulation 7(2) Of The SEBI (Prohibition Of Insider Trading) Regulations20L5.Mar 13, 2026
RTA Report On Re-Lodgment Of Transfer Requests Of Physical Shares. Mar 11, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMar 05, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMar 05, 2026
Disclosure Pursuant To Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 - Update On Wholly Owned SubsidiaryFeb 24, 2026
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseFeb 24, 2026
Reporttng Of Violations Under SEBI (PIT) Regulations By Designated Persons And Action Taken By CompanyFeb 21, 2026
Announcement under Regulation 30 (LODR)-Code of Conduct under SEBI (PIT) Regulations 2015Feb 21, 2026
Disclosures Under Regulation 7(2) Of SEBI (Prohibition Of Insider Trading) Regulation 2015Feb 19, 2026
Announcement under Regulation 30 (LODR)-Newspaper PublicationFeb 18, 2026
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Feb 18, 2026
Disclosure Under Regulation 7(2) Of The SEBI (Prohibition Of Insider Trading) Regulations 2015Feb 18, 2026
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptFeb 16, 2026
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Feb 13, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeFeb 11, 2026
Announcement under Regulation 30 (LODR)-Newspaper PublicationFeb 11, 2026
Announcement under Regulation 30 (LODR)-Investor PresentationFeb 10, 2026
Outcome Of Board Meeting Dated Feb 10. 2026Feb 10, 2026
Approval For Transfer Of 51% Equity Stake Held By Bhilwara Energy Limited (Associate Company) In Malana Power Company Limited To Chango Yangthang Hydro Power Limited (Wholly Owned Subsidiary Company Of Bhilwara Energy Limited) Subject To Bhilwara Energy LFeb 10, 2026
Approval For Winding Up And Discontinuation Of The Medical Transcription Business Of Bhilwara Infotechnology Limited A Wholly Owned Subsidiary Of The Company With Effect From 1St March 2026.Feb 10, 2026
Approval For Grant Of Corporate Guarantee On Behalf Of TACC Limited A Wholly Owned Subsidiary Company.Feb 10, 2026
Announcement under Regulation 30 (LODR)-Change in ManagementFeb 10, 2026
Results- Financial Results For Quarter & Nine Months Ended 31St December 2025Feb 10, 2026

Mutual Fund Holdings

Funding HouseCurrent Holding %1M Change1M Change %3M Change %Last 6M Trend
JioBlackRock Nifty Smallcap 250 Index Fund Direct-Growth
0.27%
2512
0.01%
0.03%
DSP Nifty Smallcap 250 Index Fund Direct-Growth
0.26%
-43
0.01%
0.02%
UTI Nifty500 Shariah Index Fund Direct-Growth
0.09%
33
0.00%
0.09%
Navi Nifty MidSmallcap 400 Index Fund Direct-Growth
0.09%
-27
0.00%
0.01%
Motilal Oswal BSE 1000 Index Fund Direct-Growth
0.02%
7
0.00%
0.00%
DSP Nifty 500 Index Fund Direct-Growth
0.03%
5
0.00%
0.01%
HDFC BSE 500 Index Fund Direct-Growth
0.03%
0
0.00%
0.01%
Bajaj Finserv Small Cap Fund Direct-Growth
2.31%
0
0.01%
0.04%
Bank of India Flexi Cap Fund Direct-Growth
1.60%
0
0.00%
0.28%
Bank of India Manufacturing & Infrastructure Fund Direct-Growth
1.26%
0
0.00%
0.00%
Bank of India Mid & Small Cap Equity & Debt Fund Direct-Growth
1.71%
0
0.00%
-0.01%
Bank of India Midcap Tax Fund Series 1 Direct-Growth
1.34%
0
0.05%
0.10%
Bank of India Midcap Tax Fund Series 2 Direct-Growth
1.03%
0
0.04%
0.09%
Bank of India Multi Cap Fund Direct-Growth
1.08%
0
0.00%
0.02%
Bank of India Small Cap Fund Direct-Growth
1.39%
0
0.00%
0.24%
Bandhan Nifty Total Market Index Fund Direct-Growth
0.02%
0
0.00%
0.00%
Bandhan Nifty Smallcap 250 Index Fund Direct-Growth
0.27%
0
0.00%
0.02%
Edelweiss Nifty Smallcap 250 Index Fund Direct-Growth
0.27%
0
0.00%
0.02%
Groww Nifty Smallcap 250 Index Fund Direct-Growth
0.27%
0
0.00%
0.01%
Groww Nifty Total Market Index Fund Direct-Growth
0.02%
0
0.00%
0.00%
Angel One Nifty Total Market Index Fund Direct-Growth
0.02%
0
0.00%
0.00%
HDFC Nifty Smallcap 250 Index Fund Direct-Growth
0.27%
0
0.00%
0.02%
HDFC Nifty500 Multicap 50:25:25 Index Fund Direct-Growth
0.07%
0
0.00%
0.01%
ICICI Prudential Nifty 500 Index Fund Direct-Growth
0.02%
0
0.00%
0.00%
ICICI Prudential Nifty Smallcap 250 Index Fund Direct-Growth
0.27%
0
0.00%
0.01%

Technical Indicators

RSI(14)
Neutral
68.06
ATR(14)
Volatile
28.05
STOCH(9,6)
Neutral
76.93
STOCH RSI(14)
Neutral
71.80
MACD(12,26)
Bullish
5.14
ADX(14)
Strong Trend
37.22
UO(9)
Bearish
42.78
ROC(12)
Uptrend And Accelerating
17.48
WillR(14)
Neutral
-21.79