down arrow

HEG

  • Market Cap: Mid Cap
  • Industry: Electrodes & Welding Equipment
  • ISIN: INE545A01024
  • NSEID: HEG
  • BSEID: 509631
INR
456.70
11.7 (2.63%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 7.17 lacs

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

444.25468.00

52 Week

332.20619.25
Valuation
Technical
Day's Volume

CASH

7.17 lacs (17.68%) Volume

Shareholding (Dec 2024)

FII

7.08%

Held by 114 FIIs

DII

12.09%

Held by 16 DIIs

Promoter

55.78%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Net Sales has grown by an annual rate of -7.06% and Operating profit at -44.87% over the last 5 years

 
2

Flat results in Dec 24

3

Stock is technically in a Mildly Bearish range

4

With ROE of 4.1, it has a Very Expensive valuation with a 1.9 Price to Book Value

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Electrodes & Welding Equipment

stock-summary
Market cap

INR 8,813 Cr (Mid Cap)

stock-summary
P/E

39.00

stock-summary
Industry P/E

29

stock-summary
Dividend Yield

1.05%

stock-summary
Debt Equity

0.02

stock-summary
Return on Equity

4.09%

stock-summary
Price to Book

1.93

Revenue and Profits (1 Year):
Net Sales:
478 Cr
(Quarterly Results - Dec 2024)
Net Profit:
83 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (1.05%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-7.15%
0%
-7.15%
1 Year
-3.21%
4.80%
1.59%
2 Years
132.11%
27.68%
159.79%
3 Years
65.82%
52.35%
118.17%
4 Years
0.47%
24.29%
24.76%
5 Years
271.33%
72.98%
344.31%

Latest dividend: 22.5 per share ex-dividend date: Jul-31-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
-7.06%
EBIT Growth (5y)
-44.87%
EBIT to Interest (avg)
8.82
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.45
Tax Ratio
23.93%
Dividend Payout Ratio
27.86%
Pledged Shares
0
Institutional Holding
19.17%
ROCE (avg)
3.40%
ROE (avg)
6.57%
Valuation key factors
Factor
Value
P/E Ratio
39
Industry P/E
29
Price to Book Value
1.93
EV to EBIT
141.29
EV to EBITDA
33.69
EV to Capital Employed
1.91
EV to Sales
4.02
PEG Ratio
NA
Dividend Yield
1.05%
ROCE (Latest)
1.57%
ROE (Latest)
4.09%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Sideways
Mildly Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bullish
No Trend
OBV
Bullish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 19 Schemes (9.7%)

FIIs

Held by 114 FIIs (7.08%)

Promoter with highest holding

Norbury Investments Limited (13.9%)

Highest Public shareholder

Sbi Energy Opportunities Fund (7.53%)

Individual Investors Holdings

17.04%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -15.72% vs -0.68% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 1.36% vs 257.12% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "478.38",
          "val2": "567.60",
          "chgp": "-15.72%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "79.86",
          "val2": "96.61",
          "chgp": "-17.34%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "9.38",
          "val2": "9.34",
          "chgp": "0.43%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "83.40",
          "val2": "82.28",
          "chgp": "1.36%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "16.69%",
          "val2": "17.02%",
          "chgp": "-0.33%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -11.40% vs -2.61% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -55.20% vs -28.30% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,139.06",
          "val2": "1,285.60",
          "chgp": "-11.40%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "135.30",
          "val2": "253.02",
          "chgp": "-46.53%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "17.81",
          "val2": "17.38",
          "chgp": "2.47%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "105.33",
          "val2": "235.11",
          "chgp": "-55.20%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "11.88%",
          "val2": "19.68%",
          "chgp": "-7.80%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -12.48% vs -0.13% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -32.30% vs -35.56% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,617.44",
          "val2": "1,848.00",
          "chgp": "-12.48%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "215.16",
          "val2": "339.66",
          "chgp": "-36.65%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "27.19",
          "val2": "27.11",
          "chgp": "0.30%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "188.73",
          "val2": "278.78",
          "chgp": "-32.30%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "13.30%",
          "val2": "18.38%",
          "chgp": "-5.08%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -2.93% vs 12.07% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -41.46% vs 23.50% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,394.90",
          "val2": "2,467.24",
          "chgp": "-2.93%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "382.43",
          "val2": "618.39",
          "chgp": "-38.16%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "35.74",
          "val2": "26.01",
          "chgp": "37.41%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "311.67",
          "val2": "532.36",
          "chgp": "-41.46%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "15.97%",
          "val2": "25.06%",
          "chgp": "-9.09%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
478.38
567.60
-15.72%
Operating Profit (PBDIT) excl Other Income
79.86
96.61
-17.34%
Interest
9.38
9.34
0.43%
Exceptional Items
0.00
0.00
Consolidate Net Profit
83.40
82.28
1.36%
Operating Profit Margin (Excl OI)
16.69%
17.02%
-0.33%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is -15.72% vs -0.68% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is 1.36% vs 257.12% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
1,139.06
1,285.60
-11.40%
Operating Profit (PBDIT) excl Other Income
135.30
253.02
-46.53%
Interest
17.81
17.38
2.47%
Exceptional Items
0.00
0.00
Consolidate Net Profit
105.33
235.11
-55.20%
Operating Profit Margin (Excl OI)
11.88%
19.68%
-7.80%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -11.40% vs -2.61% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is -55.20% vs -28.30% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
1,617.44
1,848.00
-12.48%
Operating Profit (PBDIT) excl Other Income
215.16
339.66
-36.65%
Interest
27.19
27.11
0.30%
Exceptional Items
0.00
0.00
Consolidate Net Profit
188.73
278.78
-32.30%
Operating Profit Margin (Excl OI)
13.30%
18.38%
-5.08%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -12.48% vs -0.13% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is -32.30% vs -35.56% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
2,394.90
2,467.24
-2.93%
Operating Profit (PBDIT) excl Other Income
382.43
618.39
-38.16%
Interest
35.74
26.01
37.41%
Exceptional Items
0.00
0.00
Consolidate Net Profit
311.67
532.36
-41.46%
Operating Profit Margin (Excl OI)
15.97%
25.06%
-9.09%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -2.93% vs 12.07% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is -41.46% vs 23.50% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About HEG Ltd stock-summary
stock-summary
HEG Ltd
Mid Cap
Electrodes & Welding Equipment
HEG Limited, incorporated in Oct' 72, is a leading manufacturer and exporter of graphite electrodes in India and operates world's largest single-site integrated graphite electrodes plant at Mandideep in Madhya Pradesh. The company also operates three power generation facilities with a total rated capacity of about 76.5 MW. The power generation primarily fuels the graphite electrode manufacturing operations, with the surplus being sold in the open market.
Company Coordinates stock-summary
Company Details
Mandideep, Near Bhopal Raisen Madhya Pradesh : 462046
stock-summary
Tel: 91-07480-233524-27
stock-summary
http://www.hegltd.com
stock-summary
heg.investor@lnjbhilwara.com
Registrar Details
MCS Ltd , F-65, , Okhla Industrial Area, Phase - I, New Delhi
Stock List
ABCDEFGHIJKLMNOPQRSTUVWXYZOther
Footer Logo
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
GET THE MARKETSMOJO APP
Company
Stocks
Portfolio
Market
Webinars
"Investment in securities markets are subject to market risk. Read all the related documents carefully before investing."