HEG Share Price

    NSE
    503.2
    +2.05 (0.40%)
    HEG • 11 Jul, 2025 | 03:29 PM
    BUY

    1Y Annualised Return

    18.03%

    3Y Annualised Return

    32.89%

    5Y Annualised Return

    26.51%

    The current prices are delayed, login or Open Demat Account for live prices.

    HEG Stock Performance

    1W Return0.00
    1Y Return19.04
    Today's Low499.85
    Prev. Close501.15
    Mkt Cap (Cr.)9,754.05
    1M Return-1.86
    3Y Return133.55
    52-Week High619.5
    Open501.70
    PE Ratio96.24
    6M Return11.79
    Today's High513.4
    52-Week Low331.25
    Face Value2

    HEG Company background

    Founded in: 1972

    HEG Limited, headquartered in Bhopal, Madhya Pradesh, is one of India’s foremost manufacturers of graphite electrodes. The company was incorporated in 1972 as Hindustan Electro Graphites Limited. Over nearly five decades of operations, HEG has established itself as a leading supplier of graphite electrodes in India and globally.

    HEG operates an integrated graphite electrode facility in Mandideep, Madhya Pradesh. With an annual capacity of 80,000 metric tons, it is the world’s largest single-site graphite electrode plant. The company also operates three captive power plants with a total capacity of 76.5 MW to meet its energy requirements.

    HEG manufactures and supplies graphite electrodes of two grades - High Power (HP) and Ultra High Power (UHP). These electrodes find application in electric arc furnace steelmaking and are critical consumables for steel manufacturers. The company has long-term agreements with leading steel producers globally.

    HEG Ltd has a strong global presence, with exports accounting for around 80% of its revenues. The company’s electrodes are exported to over 45 countries across Asia, Europe, the Middle East and North America.

    Some of HEG’s marquee global customers include ArcelorMittal, POSCO, US Steel, Nucor and Thyssenkrupp among others. The company’s consistent product quality and customer focus has helped it become a preferred supplier to large steel mills worldwide.

    HEG’s extensive global reach provides significant growth opportunities and revenue stability amidst domestic demand fluctuations. The company is focused on expanding its exports further by engaging with new customers and geographies.

    HEG Limited's recent financial performance has shown mixed results, reflecting challenges in its business environment and operational adjustments. Below is a summary of the company's key financial metrics:

    Annual Performance (FY24 vs. FY23)

    • Revenue: HEG reported total revenues of ₹23.95 billion in FY24, a slight decline of 2.9% from ₹24.67 billion in FY23.
    • Net Profit: The company's net profit dropped significantly by 41.5%, from ₹5.32 billion in FY23 to ₹3.12 billion in FY24.
    • Gross Profit Margin: The gross profit margin decreased from 28.2% in FY23 to 19.4% in FY24, indicating cost pressures.
    • Net Profit Margin: The net profit margin also fell from 21.6% in FY23 to 13.0% in FY24.
    • For the quarter ending September 2024, HEG recorded:

    Net Sales: ₹567.6 crore, slightly lower than ₹614.17 crore in September 2023.
    Net Profit: ₹82.28 crore, a decline compared to ₹95.98 crore in the same quarter last year.

    Cash Flow Analysis

    • HEG's cash flow from operating activities improved significantly to ₹6,122 million in FY24, compared to ₹1,133 million in FY23. And this reflects better cash management despite declining profitability

    • Cash flow from investing activities was negative at ₹-1,843 million, which meant continued investments in assets or projects.

    Profitability Trends

    • Over the past five years (FY20-FY24), HEG's net profit has grown at a compound annual growth rate (CAGR) of 55.5%, though recent years have seen volatility due to market conditions and cost dynamics.

    Operational Metrics

    • HEG maintained a debt-free status with a debt-to-equity ratio of 0.0x, showcasing financial prudence

    • The company's current ratio improved slightly to 2.3x in FY24 from 2.2x in FY23, indicating adequate liquidity for meeting short-term obligations

    The decline in revenue and profitability during FY24 reflects challenges such as increased costs and market dynamics impacting demand for graphite electrodes. But, the company's strong cash flow generation and debt-free balance sheet provide resilience.

    HEG has historically demonstrated robust financial performance and operational efficiency, and its strategic investments may position it for a rebound as market conditions stabilize.

    Some key aspects supporting HEG’s financial performance are

    • Leading market position and long-term customer contracts providing revenue visibility
    • State-of-the-art integrated manufacturing facilities ensuring cost efficiency
    • Captive power plants securing low-cost and uninterrupted power supply
    • Focus on technology and process improvements to optimize resource utilization
    • Prudent working capital management

    With demand growth for steel and electrodes expected to continue, HEG is well placed to deliver sustainable profitability and shareholder value.

    The HEG share price has positively been impacted due to the company’s strong competitive positioning. And this competitive positioning stems from the following key strengths.

    Integrated Manufacturing Set-up: HEG’s 80,000 TPA plant at Mandideep, MP is the world’s largest single-location graphite electrode facility. The plant’s integrated design provides significant cost efficiencies and flexibility to adjust product mix as per demand. This kind of captive power generation offers reliability in operations.

    Technology and Innovation Focus: The company has continuously upgraded its technology through collaborations with leading global providers like SGL Carbon. As a result, automation initiatives have improved process control while digitization is helping augment manufacturing productivity.

    Strong Customer Relationships: By supplying high-quality products through long-term contracts, HEG has forged strong relationships with marquee steel producers globally. These durable customer ties provide revenue visibility.

    Strategic Investments: HEG has created new revenue streams through investments in hydropower generation. The company owns 49% in Bhilwara Energy Ltd which has multiple hydel assets across India. This offers diversification from core operations.

    Experienced Leadership: HEG’s senior management brings decades of industry experience, providing thought leadership for the company’s strategic growth and evolution amidst dynamic market conditions.

    Growth Strategy

    HEG is pursuing the following strategic priorities to drive its next phase of growth.

    • Diversify product portfolio by entering new carbon-based segments like lithium ion batteries
    • Expand international footprint by engaging with new steel mills and entering high-potential markets
    • Pursue inorganic growth through acquisitions
    • Continue investments in clean power generation through hydropower and solar assets
    • Leverage digitization and Industry 4.0 technologies to enhance manufacturing productivity
    • Maintain focus on financial discipline, cost optimization and working capital efficiency

    The demand outlook for steel and graphite electrodes remains robust, backed by urbanization and infrastructure development. By leveraging its core strengths and executing its strategic growth plans, HEG is well positioned to deliver sustained value creation for shareholders.

    For investors, HEG offers an attractive opportunity to benefit from the growth in steel and graphite electrodes, coupled with the company’s strong positioning.

    • Market leader in graphite electrodes in India with growing global footprint
    • State-of-the-art integrated facility ensuring cost competitiveness
    • Long-term contracts with marquee steel producers provide revenue visibility
    • Strong financial track record with healthy profitability and return ratios
    • Diversification into hydropower generation offers new growth avenues
    • Experienced management team to guide future growth strategy
    • Strong balance sheet with low debt provides financial flexibility

    Valuations also appear reasonable given the company’s growth prospects, capital efficiency and strong cash generation. HEG remains a key sector play in the materials space.

    As of 11 Jul, 2025, HEG share price is ₹505.4. The stock opened at ₹501.7 and had closed at ₹501.2 the previous day. During today’s trading session, HEG share price moved between ₹499.85 and ₹513.40, with an average price for the day of ₹506.63. Over the last 52 weeks, the stock has recorded a low of ₹331.25 and a high of ₹619.50. In terms of performance, HEG share price has increased by 11.8% over the past six months and has increased by 18.03% over the last year.

    Read More
    HEG SIP Return Calculator

    Over the past

    1 year
    3 years
    5 years
    Total Investment of ₹65,00,000
    Would have become ₹71,25,078 (+9.62%)
    Daily SIP of 25,000 would have become 71,25,078 in 1 year with a gain of 6,25,078 (+9.62%)
    View details of Market Depth

    HEG Fundamental

    Market Cap (in crs)

    9,754.05

    Face Value

    2

    Turnover (in lacs)

    3,120.95

    Key Metrics

    Qtr Change %
    52.59% Gain from 52W Low
    11.6
    Dividend yield 1yr %
    Above industry Median
    0.9

    HEG Key Financials

    View more

    *All values are in ₹ Cr.

    *All values are in ₹ Cr.

    *All values are in ₹ Cr.

    *All values are in ₹ Cr.

    HEG Quarterly Revenue
    Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024
    542.25 Cr
    478.38 Cr
    567.6 Cr
    571.46 Cr
    546.9 Cr
    HEG Yearly Revenue
    Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
    2287.26 Cr
    2536.57 Cr
    2576.38 Cr
    2281.16 Cr
    1369.14 Cr
    2292.78 Cr
    HEG Quarterly Net Profit/Loss
    Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024
    -63.12 Cr
    96.33 Cr
    61.89 Cr
    2.47 Cr
    34.57 Cr
    HEG Yearly Net Profit/Loss
    Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
    97.58 Cr
    230.02 Cr
    454.26 Cr
    390.58 Cr
    -25.3 Cr
    53.37 Cr

    HEG Result Highlights

    • HEG Ltd reported a 3.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Mar (Q4FY25). On a year-on-year (YoY) basis, it witnessed a decline of 5.7%.

    • Its expenses for the quarter were up by 22.8% QoQ and 5.5% YoY.

    • The net profit decreased 60.5% QoQ and decreased 67.0% YoY.

    • The earnings per share (EPS) of HEG Ltd stood at 8.5 during Q4FY25.

      Read more

    Data Source: BSE, Company announcements

    The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results.

    Top Mutual Fund Invested in HEG

    Promoter
    55.8%
    Foreign Institutions
    7.2%
    Mutual Funds
    8.9%
    Domestic Institutions
    11.6%
    Public
    25.4%
    Promoter
    55.8%
    Foreign Institutions
    7.1%
    Mutual Funds
    9.7%
    Domestic Institutions
    12.1%
    Public
    25%
    Promoter
    55.8%
    Foreign Institutions
    6.9%
    Mutual Funds
    10.2%
    Domestic Institutions
    12.8%
    Public
    24.5%
    Promoter
    55.8%
    Foreign Institutions
    6.1%
    Mutual Funds
    9.9%
    Domestic Institutions
    13.1%
    Public
    25.1%
    Promoter
    55.8%
    Foreign Institutions
    6.9%
    Mutual Funds
    6.6%
    Domestic Institutions
    10.4%
    Public
    27%
    Promoter
    55.8%
    Foreign Institutions
    6.8%
    Mutual Funds
    4.8%
    Domestic Institutions
    8.9%
    Public
    28.5%

    HEG Technical Analysis

    Moving Averages Analysis
    503.2
    Current Price
    Bullish Moving Averages
    15
    Bearish Moving Averages
    1
    5Day EMA
    500.50
    10Day EMA
    500.40
    12Day EMA
    500.60
    20Day EMA
    500.80
    26Day EMA
    500.20
    50Day EMA
    492.80
    100Day EMA
    477.00
    200Day EMA
    458.90
    5Day SMA
    496.70
    10Day SMA
    502.10
    20Day SMA
    499.40
    30Day SMA
    505.70
    50Day SMA
    495.80
    100Day SMA
    460.10
    150Day SMA
    462.90
    200Day SMA
    460.70
    Delivery & Volume

    Delivery & Volume

    PeriodCombined Delivery VolumeNSE+BSE Traded Volume
    Day Rs
    224446 Rs
    647092 Rs
    Week Rs
    173933 Rs
    454543 Rs
    Month Rs
    177329 Rs
    622661 Rs
    506.23
    Pivot
    Resistance
    First Resistance
    512.62
    Second Resistance
    519.78
    Third Resistance
    526.17
    Support
    First Support
    499.07
    Second support
    492.68
    Third Support
    485.52
    Relative Strength Index
    53.46
    Money Flow Index
    81.26
    MACD
    0.34
    MACD Signal
    0.96
    Average True Range
    15.39
    Average Directional Index
    22.61
    Rate of Change (21)
    0.08
    Rate of Change (125)
    8.12
    Name
    Holding Percent
    SBI ENERGY OPPORTUNITIES FUND
    7.11
    BANK OF INDIA ELSS TAX SAVER
    1.29
    AL MEHWAR COMMERCIAL INVESTMENTS L.L.C. - (NOOSA)
    1.28
    LICI ASM NON PAR
    1.09

    HEG Latest News

    11 JUL 2025 | Friday

    HEG Ltd - 509631 - Announcement under Regulation 30 (LODR)-Newspaper Publication

    10 JUL 2025 | Thursday

    HEG Ltd - 509631 - Business Responsibility and Sustainability Reporting (BRSR)

    10 JUL 2025 | Thursday

    HEG Ltd - 509631 - Notice Of 53Rd Annual General Meeting And Annual Report For FY 2024-25

    View More

    HEG Share Price FAQs

    HEG share price is ₹503.2 in NSE and ₹505.25 in BSE as on 11/7/2025.

    HEG share price in the past 1-year return was 19.04. The HEG share hit a 1-year low of Rs. 331.25 and a 1-year high of Rs. 619.5.

    The market cap of HEG is Rs. 9754.05 Cr. as of 11/7/2025.

    The PE ratios of HEG is 96.24 as of 11/7/2025.

    The PB ratios of HEG is 2.34 as of 11/7/2025

    The Mutual Fund Shareholding in HEG was 8.91% at the end of 11/7/2025.

    You can easily buy HEG shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.

    The 52-week high and low of HEG share price is ₹619.5 and ₹331.25 as of 11/7/2025.

    Please be aware that HEG stock prices are subject to continuous fluctuations due to various factors.

    Popular Stocks
    65.92
    -0.05 (-0.08%)
    135.28
    -1.85 (-1.35%)
    681.80
    -13.80 (-1.98%)
    2,558.70
    -22.30 (-0.86%)
    160.00
    -9.64 (-5.68%)
    381.65
    -3.05 (-0.79%)
    159.84
    -0.82 (-0.51%)
    263.35
    +0.50 (+0.19%)
    409.30
    -4.20 (-1.02%)
    396.85
    -3.05 (-0.76%)
    Top Gainers
    2,519.60
    +111.20 (+4.62%)
    1,835.20
    +25.00 (+1.38%)
    1,173.80
    +9.50 (+0.82%)
    2,220.60
    +16.80 (+0.76%)
    858.85
    +6.00 (+0.70%)
    Top Losers
    3,266.00
    -116.00 (-3.43%)
    3,073.20
    -89.20 (-2.82%)
    8,067.00
    -218.00 (-2.63%)
    258.30
    -6.75 (-2.55%)
    4,218.70
    -102.60 (-2.37%)
    Open Demat Account
    +91 -

    Open Demat Account
    +91 -