HEG

Other Industrial Goods

HEG Ltd.

NSE: HEGBSE: 509631ISIN: INE545A01016
₹643.15
+19.30 · +3.09%
As of 24 Jul 2026
Open
₹608.00
High
₹654.00
Low
₹608.00
Prev Close
₹623.85
52W High
₹690.00
52W Low
₹459.80
Volume
77.38 L
Mkt Cap
₹2,485 Cr
Fundamentals
Valuation & profitability
Market Cap
₹2,485 Cr
P/E Ratio
25
EPS (TTM)
₹25.73
Book Value
₹1,147.00
Dividend Yield
1.12%
ROCE
8.54%
ROE
7.14%
Sales Growth
24%
Face Value
₹10.00
Company overview
HEG Ltd.

HEG was incorporated in 1972 as Hindustan Electro–Graphite and it is among the leading graphite electrode manufacturer in India. The company also owns one of the largest integrated graphite electrode plants in the South–East Asia that processes sophisticated UHP (Ultra High Power) Electrodes.

HEG is a flagship company of the LNJ Bhilwara group, and it exports over 80% of its production to about more than 25 countries. It includes the USA, Canada, Germany, France, Italy, Australia, South Korea, and many more.

Company has clientele including the majors such as ArcelorMittal, Posco, ThyssenKrupp, US Dynamics, Nucor, Severstal, and Usinor, to name few. The company has an employee strength of about 1100 employees.

The Company also has a dedicated R&D Set–up for the Carbon and Graphite. The company operates a separate R&D facility that focuses on working on developmental projects as well as the projects to sustain and enhance the competitiveness of the company. This company the facility has entered into a collaboration with a well-known organization. Such as IIT or Indian Institute of Technology, Kanpur, RRL (Regional Research Laboratory, CSIR) Bhopal, CEFES (The Center for Environment, and Fire & Explosive Safety), New Delhi, are some amongst the others.

Graphite Electrode– It is the core business, and in this division accounts for 80% of the revenue. In 1977, the company entered into a technical and financial collaboration with the Societe Des Electrodes Et Refractaires Savoie (SERS), a subsidiary of Pechiney of France. Also, the manufacturing facility of the Company is located at the Mandideep (Madhya Pradesh). At present, the Mandideep has an aggregate production capacity of about 60,000 TPA. Now, the company has set up a Coal Based 25 MW Captive Power Plant in the year 2005.

Power– the Company has set up a group first hydropower project having a power-producing capacity of about 13.5 MW. This facility is located at the Hoshanabad (Madhya Pradesh).

Key highlights
Auto-generated from live data
  • Trades at a P/E of 25, with a return on equity (ROE) of 7.14%.
  • HEG is trading above all of its key moving averages (10/20/50/100/200-DMA) — a bullish technical setup.
  • Year-to-date it is up 1.36%, and up 23.35% over the past year.
  • At ₹643.15 it sits about 80% of the way up its 52-week range (₹459.80–₹690.00).
  • Offers a dividend yield of 1.12%.
  • Market capitalisation stands at ₹2,485 Cr.
Price chart
Daily candles + volume · SMA 20 / 50 / 200 · stored OHLC
Shareholding pattern

Shareholding data syncs daily.

Performance
Stock returns vs Nifty 50
10D
+10.42%
Nifty -0.64%
20D
+19.60%
Nifty -1.72%
50D
+15.40%
Nifty +2.68%
100D
+9.06%
Nifty -1.14%
200D
+1.11%
Nifty -8.93%
YTD
+1.36%
Nifty -8.59%
52W
+23.35%
Nifty -7.86%
Moving averages
Simple moving averages vs current price
5/5 above · Bullish
SMA 10-Day
₹598.84Above
SMA 20-Day
₹562.70Above
SMA 50-Day
₹559.21Above
SMA 100-Day
₹564.95Above
SMA 200-Day
₹554.22Above
Price ranges
Where the price sits in each window
10-Day range₹643.15
₹538.00₹675.90
20-Day range₹643.15
₹509.10₹675.90
50-Day range₹643.15
₹505.00₹675.90
200-Day range₹643.15
₹470.80₹690.00
YTD range₹643.15
₹470.80₹690.00
52-Week range₹643.15
₹459.80₹690.00
Technical signals
Unfilled gaps acting as support / resistance
Unfilled Gap Up On 12 May, 2025 : 445.85 ~ 434.40SUPPORT
Unfilled Gap Down On 18 Oct, 2024 : 516.00 ~ 2471.00RESISTANCE
Annual financials
Revenue, profit & EPS by financial year
YearRevenueNet ProfitEPSNPM
Mar 2023₹2,467 Cr₹456 Cr₹118.0218.48%
Mar 2022₹2,202 Cr₹391 Cr₹101.2017.76%
Mar 2021₹1,254 Cr₹-18.00 Cr₹-4.65-1.44%
Mar 2021₹1,254 Cr₹-18.00 Cr₹-4.65-1.44%
Mar 2020₹2,145 Cr₹68 Cr₹17.523.17%
Mar 2020₹2,145 Cr₹68 Cr₹17.523.17%
Mar 2019₹6,591 Cr₹3,026 Cr₹784.0645.91%
Mar 2019₹6,591 Cr₹3,026 Cr₹784.0645.91%
Mar 2018₹2,748 Cr₹1,099 Cr₹275.1139.99%
Mar 2017₹859 Cr₹-44.00 Cr₹0.00-5.12%
Mar 2016₹870 Cr₹4 Cr₹1.100.46%
Mar 2015₹1,228 Cr₹36 Cr₹8.522.93%
Peer comparison
Other companies in Other Industrial Goods
CompanyP/EBook ValueSales Growth
APCOTEXIND
APCOTEX INDUSTRIES LTD.
19.32₹52.7433.15%
IFGLEXPOR
IFGL Refractories Ltd
20.74₹141.83118%
ADORWELD
ADOR WELDING LTD.
15.05₹195.427.98%
AIAENG
AIA ENGINEERING LTD.
30.96₹358.6915.96%
DENORA
DE NORA INDIA LTD.
75.07₹104.57-13.6%
SKFINDIA
SKF India Ltd
32.49₹361.650.41%
GRAPHITE
GRAPHITE INDIA LTD.
4.14₹214.5171.03%
AMDIND
AMD INDUSTRIES LTD.
4.85₹67.85-2.92%
ORIENTREF
ORIENT REFRACTORIES LTD.
32.24₹32.2717.69%
VESUVIUS
VESUVIUS INDIA LTD.
28.18₹375.219.75%
ESABINDIA
ESAB INDIA LTD.
36.55₹196.1714.2%
Dividend history
Per share, by ex-date
Ex-Date: 24 Aug 2022₹40.00
Ex-Date: 19 Jul 2021₹3.00
Ex-Date: 17 Feb 2020₹25.00
Ex-Date: 09 Aug 2019₹50.00
Ex-Date: 12 Nov 2018₹30.00
Ex-Date: 13 Jul 2018₹50.00
Ex-Date: 15 Feb 2018₹30.00
Ex-Date: 14 Sept 2015₹3.00
Ex-Date: 14 Aug 2014₹6.00
Ex-Date: 06 Sept 2013₹8.00
Ex-Date: 07 Sept 2012₹5.00
Ex-Date: 02 Sept 2011₹5.00
Bulk & block deals
Recent large transactions
DateClientTypeQtyPrice
14 Nov 2008GOLDMAN SACHS INVESTMENTS MAURITIUS I LTDSALE2,56,103₹137.50
10 Oct 2008CITIGROUP GLOBAL MARKETS MAURITIUS PVT LTDPURCHASE5,84,615₹140.00
10 Oct 2008DEUTSCHE BANK AG LONDON GDR ACSALE5,84,615₹140.00
03 Nov 2006H.J.SECURITIES PVT.LTD.PURCHASE2,49,945₹187.37
03 Nov 2006H.J.SECURITIES PVT.LTD.SALE2,49,945₹187.92
03 Nov 2006OPG SECURIES PVT LTDSALE2,08,144₹183.01
03 Nov 2006OPG SECURITIES PVT LTDPURCHASE2,08,144₹182.71
27 Oct 2006FIDELITY FUNDS MAURITIUSSALE10,00,000₹140.00
27 Oct 2006PRUDENTIAL ICICI PREMIERPURCHASE10,00,000₹140.00
06 Oct 2006SUNDARAM AC SELECT MIDCAPPURCHASE3,00,000₹136.25
11 May 2005FIDELITY TRUSTEE COMPANYPURCHASE4,73,582₹135.00
11 May 2005MERRILL LYNCH CAPITAL MARSALE5,29,911₹135.33

Fundamentals, financials & technicals sourced from niftytrader.in, cached and refreshed periodically.