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Nifty
Sensex
:
:
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-205.40 (-0.81%)
-689.81 (-0.83%)

HEG Ltd.

Electrodes & Welding Equipment

Rating :
N/A

BSE: 509631 | NSE: HEG

NSE BSE
505.45
11-Jul-2025
  • Open
  • High
  • Low
  • Previous Close
  •  501.7
  •  513.4
  •  499.85
  •  501.15
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  617460
  •  312638097.15
  •  619.5
  •  331.25

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 9,750.19
  • 84.74
  • 2
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 10,188.01
  • 0.36%
  • 2.19

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 55.78%
  • 2.96%
  • 17.33%
  • FII
  • DII
  • Others
  • 7.18%
  • 10.76%
  • 5.99%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 9.52
  • 11.45
  • -4.34

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 6.74
  • -
  • -16.23

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • -
  • -
  • -39.99

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 9.26
  • 13.87
  • 16.03

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 2.81
  • 1.57
  • 1.56

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 22.09
  • 18.08
  • 13.28

Earnings Forecasts:

(Updated: 06-06-2025)
Description
2024
2025
2026
2027
Adj EPS
16.15
5.96
12.3
22.1
P/E Ratio
42.12
114.13
55.30
30.78
Revenue
2380
2160
2482
3042
EBITDA
382
255
461
736
Net Income
312
115
237
426
ROA
5.5
2
P/B Ratio
3.17
2.95
2.80
2.57
ROE
7.16
2.59
5.1
8.3
FCFF
288
95
FCFF Yield
3.03
1
Net Debt
-111
48
619
619
BVPS
214.8
230.77
243.1
265.1

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Var%
Dec 24
Dec 23
Var%
Sep 24
Sep 23
Var%
Jun 24
Jun 23
Var%
Net Sales
542.25
546.90
-0.85%
478.38
562.40
-14.94%
567.60
614.17
-7.58%
571.46
671.43
-14.89%
Expenses
597.72
504.11
18.57%
398.52
475.76
-16.24%
470.99
512.32
-8.07%
532.77
520.27
2.40%
EBITDA
-55.47
42.79
-
79.86
86.64
-7.83%
96.61
101.85
-5.14%
38.69
151.16
-74.40%
EBIDTM
-10.23%
7.82%
16.69%
15.41%
17.02%
16.58%
6.77%
22.51%
Other Income
48.02
64.31
-25.33%
111.58
23.22
380.53%
42.95
28.02
53.28%
20.44
26.12
-21.75%
Interest
12.01
8.63
39.17%
9.38
9.73
-3.60%
9.34
8.53
9.50%
8.47
8.85
-4.29%
Depreciation
54.59
50.44
8.23%
50.56
47.39
6.69%
47.94
38.48
24.58%
47.50
38.34
23.89%
PBT
-74.05
48.03
-
131.50
52.74
149.34%
82.28
82.86
-0.70%
3.16
130.09
-97.57%
Tax
-10.93
13.46
-
35.17
15.75
123.30%
20.39
21.70
-6.04%
0.69
32.79
-97.90%
PAT
-63.12
34.57
-
96.33
36.99
160.42%
61.89
61.16
1.19%
2.47
97.30
-97.46%
PATM
-11.64%
6.32%
20.14%
6.58%
10.90%
9.96%
0.43%
14.49%
EPS
-3.82
1.71
-
4.32
2.26
91.15%
0.85
4.97
-82.90%
1.19
7.21
-83.50%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Net Sales
-
2,159.69
2,394.90
2,467.24
2,201.61
1,256.23
2,149.02
6,592.83
2,750.07
860.04
869.50
Net Sales Growth
-
-9.82%
-2.93%
12.07%
75.26%
-41.54%
-67.40%
139.73%
219.76%
-1.09%
 
Cost Of Goods Sold
-
903.76
1,151.39
915.56
829.01
809.09
1,621.08
1,114.78
283.76
243.96
210.38
Gross Profit
-
1,255.93
1,243.52
1,551.68
1,372.60
447.14
527.95
5,478.04
2,466.31
616.08
659.12
GP Margin
-
58.15%
51.92%
62.89%
62.35%
35.59%
24.57%
83.09%
89.68%
71.63%
75.80%
Total Expenditure
-
1,904.58
2,012.47
1,848.84
1,674.39
1,315.41
2,154.85
1,934.58
1,051.31
779.83
736.62
Power & Fuel Cost
-
331.67
310.08
315.90
271.11
141.85
165.83
184.00
359.26
263.23
239.85
% Of Sales
-
15.36%
12.95%
12.80%
12.31%
11.29%
7.72%
2.79%
13.06%
30.61%
27.58%
Employee Cost
-
103.67
95.27
92.05
80.00
54.53
65.60
197.57
112.44
58.78
62.58
% Of Sales
-
4.80%
3.98%
3.73%
3.63%
4.34%
3.05%
3.00%
4.09%
6.83%
7.20%
Manufacturing Exp.
-
247.56
227.44
248.89
223.95
132.05
137.45
182.59
133.61
120.47
125.26
% Of Sales
-
11.46%
9.50%
10.09%
10.17%
10.51%
6.40%
2.77%
4.86%
14.01%
14.41%
General & Admin Exp.
-
36.85
31.59
29.33
23.19
33.46
40.00
51.14
29.72
14.72
14.37
% Of Sales
-
1.71%
1.32%
1.19%
1.05%
2.66%
1.86%
0.78%
1.08%
1.71%
1.65%
Selling & Distn. Exp.
-
190.70
155.14
213.11
185.26
78.95
82.67
156.85
120.58
67.50
70.93
% Of Sales
-
8.83%
6.48%
8.64%
8.41%
6.28%
3.85%
2.38%
4.38%
7.85%
8.16%
Miscellaneous Exp.
-
90.37
41.55
34.01
61.86
65.48
42.22
47.64
11.95
11.16
70.93
% Of Sales
-
4.18%
1.73%
1.38%
2.81%
5.21%
1.96%
0.72%
0.43%
1.30%
1.52%
EBITDA
-
255.11
382.43
618.40
527.22
-59.18
-5.83
4,658.25
1,698.76
80.21
132.88
EBITDA Margin
-
11.81%
15.97%
25.06%
23.95%
-4.71%
-0.27%
70.66%
61.77%
9.33%
15.28%
Other Income
-
127.57
141.67
109.14
79.55
112.91
143.76
109.19
34.93
7.65
7.69
Interest
-
39.20
35.74
26.01
7.49
11.37
36.51
17.97
56.42
54.72
60.31
Depreciation
-
200.59
174.65
102.30
79.29
73.12
72.13
72.39
72.56
73.92
79.30
PBT
-
142.89
313.71
599.22
520.00
-30.76
29.29
4,677.08
1,604.71
-40.77
0.96
Tax
-
45.31
83.70
144.96
129.41
-5.46
-24.08
1,626.65
523.37
9.27
8.51
Tax Rate
-
31.71%
26.68%
24.19%
24.89%
17.75%
-82.21%
34.78%
32.61%
-22.74%
886.46%
PAT
-
115.06
311.68
532.41
431.04
-25.30
53.37
3,050.43
1,081.34
-50.05
-7.55
PAT before Minority Interest
-
115.06
311.68
532.41
431.04
-25.30
53.37
3,050.43
1,081.34
-50.05
-7.55
Minority Interest
-
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
PAT Margin
-
5.33%
13.01%
21.58%
19.58%
-2.01%
2.48%
46.27%
39.32%
-5.82%
-0.87%
PAT Growth
-
-63.08%
-41.46%
23.52%
-
-
-98.25%
182.10%
-
-
 
EPS
-
5.96
16.15
27.59
22.33
-1.31
2.77
158.05
56.03
-2.59
-0.39

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Shareholder's Funds
4,453.77
4,425.94
4,280.94
3,913.63
3,495.07
3,511.72
3,793.69
1,907.52
952.56
995.86
Share Capital
38.60
38.60
38.60
38.60
38.60
38.60
38.60
39.96
39.96
39.96
Total Reserves
4,415.17
4,387.35
4,242.34
3,875.03
3,456.48
3,473.12
3,755.09
1,867.56
912.60
955.90
Non-Current Liabilities
108.91
107.86
94.93
107.22
105.06
110.12
132.81
125.08
202.28
468.02
Secured Loans
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
135.64
156.55
Unsecured Loans
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Long Term Provisions
6.80
4.98
3.06
3.81
3.58
3.91
3.87
3.41
3.43
259.02
Current Liabilities
1,085.49
1,167.56
1,316.09
1,415.00
644.03
816.51
1,217.87
706.50
697.67
745.28
Trade Payables
399.29
425.30
411.95
447.89
257.31
133.81
380.07
246.44
86.49
51.72
Other Current Liabilities
82.54
106.95
143.74
162.71
79.08
78.80
146.23
121.00
198.64
171.80
Short Term Borrowings
584.86
619.38
740.91
663.40
296.51
592.62
666.36
297.45
411.84
520.00
Short Term Provisions
18.80
15.93
19.50
141.00
11.12
11.28
25.21
41.60
0.70
1.77
Total Liabilities
5,648.17
5,701.36
5,691.96
5,435.85
4,244.16
4,438.35
5,144.37
2,739.10
1,852.51
2,209.16
Net Block
1,931.81
1,808.74
1,355.50
755.17
694.01
741.27
784.84
829.65
885.04
932.43
Gross Block
3,444.56
3,151.72
2,535.35
1,842.71
1,717.19
1,713.17
1,691.37
1,673.40
1,665.86
1,645.81
Accumulated Depreciation
1,512.74
1,342.98
1,179.85
1,087.54
1,023.18
971.90
906.53
843.75
780.82
713.38
Non Current Assets
3,191.61
3,071.53
2,839.50
2,300.91
2,170.53
2,379.47
1,708.85
1,124.37
1,152.06
1,473.97
Capital Work in Progress
71.38
212.27
472.01
696.08
373.27
100.61
18.58
1.61
1.20
26.70
Non Current Investment
1,007.16
876.13
735.57
501.99
798.59
1,231.59
837.03
251.88
233.88
226.93
Long Term Loans & Adv.
171.33
165.36
266.27
232.34
279.48
301.48
65.24
41.09
29.55
287.91
Other Non Current Assets
3.45
2.12
2.90
107.73
25.19
4.52
3.17
0.13
2.38
0.00
Current Assets
2,456.55
2,629.83
2,852.46
3,134.94
2,073.63
2,058.88
3,435.51
1,614.74
700.45
735.19
Current Investments
393.07
323.61
123.69
668.86
559.10
16.53
108.24
0.00
0.55
0.47
Inventories
1,254.64
1,194.15
1,440.12
977.81
580.61
1,005.14
1,308.39
511.44
257.80
371.19
Sundry Debtors
444.70
508.25
489.14
589.17
289.42
399.41
1,186.89
972.69
360.79
318.48
Cash & Bank
147.04
410.24
690.34
601.66
550.58
437.28
557.32
7.62
8.28
5.15
Other Current Assets
217.11
124.83
59.85
61.71
93.93
200.51
274.68
122.99
73.04
39.89
Short Term Loans & Adv.
65.64
68.75
49.33
235.72
42.24
27.16
108.22
42.19
28.45
6.70
Net Current Assets
1,371.07
1,462.27
1,536.37
1,719.94
1,429.60
1,242.37
2,217.65
908.24
2.78
-10.09
Total Assets
5,648.16
5,701.36
5,691.96
5,435.85
4,244.16
4,438.35
5,144.36
2,739.11
1,852.51
2,209.16

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Cash From Operating Activity
279.71
612.22
113.32
-140.61
715.79
738.71
1,488.23
594.06
157.04
249.29
PBT
160.37
395.38
677.37
560.46
-23.40
29.29
4,677.08
1,604.71
-40.77
0.96
Adjustment
237.79
19.46
-26.12
-18.08
-6.89
-30.63
-27.42
119.51
132.84
146.34
Changes in Working Capital
-73.73
232.81
-389.92
-554.83
748.56
843.81
-1,534.78
-606.79
74.68
110.38
Cash after chg. in Working capital
324.43
647.65
261.33
-12.46
718.27
842.47
3,114.88
1,117.43
166.76
257.68
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-44.72
-35.43
-148.01
-128.15
-2.49
-103.76
-1,626.65
-523.37
-9.72
-8.39
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-208.45
-184.34
-21.11
-183.36
-417.40
-275.45
-675.78
-9.17
-1.35
-28.77
Net Fixed Assets
-112.70
-305.19
-468.57
-448.33
-276.68
-103.83
-34.94
-7.95
5.45
-22.69
Net Investments
-235.18
-331.81
369.63
227.32
-101.97
-288.70
-717.60
0.71
-1.12
-3.01
Others
139.43
452.66
77.83
37.65
-38.75
117.08
76.76
-1.93
-5.68
-3.07
Cash from Financing Activity
-159.15
-324.12
-99.95
343.63
-309.82
-459.62
-788.47
-587.96
-152.56
-219.47
Net Cash Inflow / Outflow
-87.89
103.76
-7.75
19.66
-11.43
3.64
23.99
-3.08
3.13
1.05
Opening Cash & Equivalents
137.05
33.29
41.04
21.37
32.80
29.16
5.17
8.25
5.15
4.10
Closing Cash & Equivalent
50.76
137.05
33.29
41.04
21.37
32.80
29.16
5.17
8.28
5.15

Financial Ratios

Consolidated /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Book Value (Rs.)
230.79
229.35
221.84
1014.01
905.57
909.88
982.93
477.37
238.38
249.22
ROA
2.03%
5.47%
9.57%
8.91%
-0.58%
1.11%
77.39%
47.10%
-2.46%
-0.32%
ROE
2.59%
7.16%
12.99%
11.64%
-0.72%
1.46%
107.01%
75.62%
-5.14%
-0.75%
ROCE
3.96%
8.56%
14.66%
13.57%
-0.49%
1.54%
140.89%
86.49%
0.82%
3.30%
Fixed Asset Turnover
0.66
0.84
1.13
1.24
0.73
1.26
3.92
1.65
0.66
0.69
Receivable days
79.87
75.80
79.63
72.81
99.97
134.71
59.78
88.22
114.02
119.91
Inventory Days
205.25
200.19
178.56
129.14
230.14
196.47
50.38
50.89
105.58
128.05
Payable days
166.51
132.71
171.39
155.24
88.22
43.73
52.07
45.97
26.82
33.00
Cash Conversion Cycle
118.60
143.29
86.80
46.70
241.89
287.45
58.09
93.14
192.77
214.96
Total Debt/Equity
0.13
0.14
0.17
0.17
0.08
0.17
0.18
0.16
0.72
0.78
Interest Cover
5.09
12.06
27.04
75.85
-1.71
1.80
261.29
29.44
0.25
1.02

Annual Reports:

FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017
FY 2016

News Update:


  • HEG makes further investment in GrafTech International
    7th May 2025, 14:15 PM

    Total amount invested for this acquisition is Rs 34.59 crore

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.