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HEG NSEI:HEG Stock Report

Last Price

₹541.55

Market Cap

₹104.5b

7D

-4.7%

1Y

53.5%

Updated

21 Dec, 2024

Data

Company Financials +

HEG Limited

NSEI:HEG Stock Report

Market Cap: ₹104.5b

HEG Stock Overview

Manufactures and sells graphite electrodes in India and internationally. More details

HEG fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance0/6
Financial Health6/6
Dividends3/6

Rewards

Earnings are forecast to grow 65.19% per year

Risk Analysis

Highly volatile share price over the past 3 months compared to the Indian market

Large one-off items impacting financial results

Profit margins (8.1%) are lower than last year (18.1%)

Dividend of 0.83% is not well covered by free cash flows


My Notes

Capture your thoughts, links and company narrative

HEG Limited Competitors

Graphite India

BSE:509488

₹110.1b

Voltamp Transformers

NSEI:VOLTAMP

₹99.9b

R R Kabel

NSEI:RRKABEL

₹158.2b

Transformers and Rectifiers (India)

BSE:532928

₹163.8b

Price History & Performance

Summary of share price highs, lows and changes for HEG
Historical stock prices
Current Share Price₹541.55
52 Week High₹619.50
52 Week Low₹321.00
Beta1.64
1 Month Change33.22%
3 Month Change19.45%
1 Year Change53.51%
3 Year Change71.03%
5 Year Change146.64%
Change since IPO5,107.21%

Recent News & Updates

HEG Limited's (NSE:HEG) P/E Is Still On The Mark Following 35% Share Price Bounce

Dec 05
HEG Limited's (NSE:HEG) P/E Is Still On The Mark Following 35% Share Price Bounce

HEG (NSE:HEG) Has A Somewhat Strained Balance Sheet

Dec 03
HEG (NSE:HEG) Has A Somewhat Strained Balance Sheet

Recent updates

HEG Limited's (NSE:HEG) P/E Is Still On The Mark Following 35% Share Price Bounce

Dec 05
HEG Limited's (NSE:HEG) P/E Is Still On The Mark Following 35% Share Price Bounce

HEG (NSE:HEG) Has A Somewhat Strained Balance Sheet

Dec 03
HEG (NSE:HEG) Has A Somewhat Strained Balance Sheet

Getting In Cheap On HEG Limited (NSE:HEG) Might Be Difficult

Oct 08
Getting In Cheap On HEG Limited (NSE:HEG) Might Be Difficult

Is It Too Late To Consider Buying HEG Limited (NSE:HEG)?

Sep 17
Is It Too Late To Consider Buying HEG Limited (NSE:HEG)?

Weak Statutory Earnings May Not Tell The Whole Story For HEG (NSE:HEG)

Jul 05
Weak Statutory Earnings May Not Tell The Whole Story For HEG (NSE:HEG)

HEG (NSE:HEG) Takes On Some Risk With Its Use Of Debt

Jun 12
HEG (NSE:HEG) Takes On Some Risk With Its Use Of Debt

Is Now The Time To Look At Buying HEG Limited (NSE:HEG)?

Apr 30
Is Now The Time To Look At Buying HEG Limited (NSE:HEG)?

There's No Escaping HEG Limited's (NSE:HEG) Muted Earnings Despite A 25% Share Price Rise

Apr 03
There's No Escaping HEG Limited's (NSE:HEG) Muted Earnings Despite A 25% Share Price Rise

Market Still Lacking Some Conviction On HEG Limited (NSE:HEG)

Dec 28
Market Still Lacking Some Conviction On HEG Limited (NSE:HEG)

HEG (NSE:HEG) Is Increasing Its Dividend To ₹42.50

Aug 16
HEG (NSE:HEG) Is Increasing Its Dividend To ₹42.50

HEG (NSE:HEG) Is Paying Out A Larger Dividend Than Last Year

Aug 02
HEG (NSE:HEG) Is Paying Out A Larger Dividend Than Last Year

Returns On Capital At HEG (NSE:HEG) Paint A Concerning Picture

Oct 07
Returns On Capital At HEG (NSE:HEG) Paint A Concerning Picture

Here's Why HEG (NSE:HEG) Can Manage Its Debt Responsibly

Jun 17
Here's Why HEG (NSE:HEG) Can Manage Its Debt Responsibly

Is HEG (NSE:HEG) Using Too Much Debt?

Feb 14
Is HEG (NSE:HEG) Using Too Much Debt?

The Return Trends At HEG (NSE:HEG) Look Promising

Jan 13
The Return Trends At HEG (NSE:HEG) Look Promising

Calculating The Fair Value Of HEG Limited (NSE:HEG)

Sep 29
Calculating The Fair Value Of HEG Limited (NSE:HEG)

Health Check: How Prudently Does HEG (NSE:HEG) Use Debt?

Aug 23
Health Check: How Prudently Does HEG (NSE:HEG) Use Debt?

Calculating The Intrinsic Value Of HEG Limited (NSE:HEG)

May 03
Calculating The Intrinsic Value Of HEG Limited (NSE:HEG)

Is HEG (NSE:HEG) Using Debt Sensibly?

Mar 10
Is HEG (NSE:HEG) Using Debt Sensibly?

Do Institutions Own HEG Limited (NSE:HEG) Shares?

Jan 14
Do Institutions Own HEG Limited (NSE:HEG) Shares?

Does HEG (NSE:HEG) Have A Healthy Balance Sheet?

Dec 10
Does HEG (NSE:HEG) Have A Healthy Balance Sheet?

Shareholder Returns

HEGIN ElectricalIN Market
7D-4.7%-4.3%-4.2%
1Y53.5%54.5%19.1%

Return vs Industry: HEG matched the Indian Electrical industry which returned 54.5% over the past year.

Return vs Market: HEG exceeded the Indian Market which returned 19.1% over the past year.

Price Volatility

Is HEG's price volatile compared to industry and market?
HEG volatility
HEG Average Weekly Movement9.3%
Electrical Industry Average Movement6.7%
Market Average Movement6.2%
10% most volatile stocks in IN Market9.0%
10% least volatile stocks in IN Market4.1%

Stable Share Price: HEG's share price has been volatile over the past 3 months compared to the Indian market.

Volatility Over Time: HEG's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
19721,075Ravi Jhunjhunwalawww.hegltd.com

HEG Limited manufactures and sells graphite electrodes in India and internationally. The company operates through Graphite Electrodes and Power Generation segments. It provides ultra-high power and high power electrodes; graphite electrodes and nipples; carbon blocks; graphite specialties; and activated carbon fabric products.

HEG Limited Fundamentals Summary

How do HEG's earnings and revenue compare to its market cap?
HEG fundamental statistics
Market cap₹104.51b
Earnings (TTM)₹1.82b
Revenue (TTM)₹22.48b

57.5x

P/E Ratio

4.6x

P/S Ratio

Is HEG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HEG income statement (TTM)
Revenue₹22.48b
Cost of Revenue₹11.01b
Gross Profit₹11.48b
Other Expenses₹9.66b
Earnings₹1.82b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)9.43
Gross Margin51.05%
Net Profit Margin8.09%
Debt/Equity Ratio12.6%

How did HEG perform over the long term?

See historical performance and comparison

Dividends

0.8%

Current Dividend Yield

44%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 20:53
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

HEG Limited is covered by 10 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rajesh ZawarAnand Rathi Shares and Stock Brokers Limited
Shareen BatatawalaAngel Broking Private Limited
Pramod TiwariBatlivala & Karani Securities India Pvt. Ltd.