HEG
Other Industrial GoodsHEG 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).
- 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.
Shareholding data syncs daily.
| Year | Revenue | Net Profit | EPS | NPM |
|---|---|---|---|---|
| Mar 2023 | ₹2,467 Cr | ₹456 Cr | ₹118.02 | 18.48% |
| Mar 2022 | ₹2,202 Cr | ₹391 Cr | ₹101.20 | 17.76% |
| 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 | ₹17.52 | 3.17% |
| Mar 2020 | ₹2,145 Cr | ₹68 Cr | ₹17.52 | 3.17% |
| Mar 2019 | ₹6,591 Cr | ₹3,026 Cr | ₹784.06 | 45.91% |
| Mar 2019 | ₹6,591 Cr | ₹3,026 Cr | ₹784.06 | 45.91% |
| Mar 2018 | ₹2,748 Cr | ₹1,099 Cr | ₹275.11 | 39.99% |
| Mar 2017 | ₹859 Cr | ₹-44.00 Cr | ₹0.00 | -5.12% |
| Mar 2016 | ₹870 Cr | ₹4 Cr | ₹1.10 | 0.46% |
| Mar 2015 | ₹1,228 Cr | ₹36 Cr | ₹8.52 | 2.93% |
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| Date | Client | Type | Qty | Price |
|---|---|---|---|---|
| 14 Nov 2008 | GOLDMAN SACHS INVESTMENTS MAURITIUS I LTD | SALE | 2,56,103 | ₹137.50 |
| 10 Oct 2008 | CITIGROUP GLOBAL MARKETS MAURITIUS PVT LTD | PURCHASE | 5,84,615 | ₹140.00 |
| 10 Oct 2008 | DEUTSCHE BANK AG LONDON GDR AC | SALE | 5,84,615 | ₹140.00 |
| 03 Nov 2006 | H.J.SECURITIES PVT.LTD. | PURCHASE | 2,49,945 | ₹187.37 |
| 03 Nov 2006 | H.J.SECURITIES PVT.LTD. | SALE | 2,49,945 | ₹187.92 |
| 03 Nov 2006 | OPG SECURIES PVT LTD | SALE | 2,08,144 | ₹183.01 |
| 03 Nov 2006 | OPG SECURITIES PVT LTD | PURCHASE | 2,08,144 | ₹182.71 |
| 27 Oct 2006 | FIDELITY FUNDS MAURITIUS | SALE | 10,00,000 | ₹140.00 |
| 27 Oct 2006 | PRUDENTIAL ICICI PREMIER | PURCHASE | 10,00,000 | ₹140.00 |
| 06 Oct 2006 | SUNDARAM AC SELECT MIDCAP | PURCHASE | 3,00,000 | ₹136.25 |
| 11 May 2005 | FIDELITY TRUSTEE COMPANY | PURCHASE | 4,73,582 | ₹135.00 |
| 11 May 2005 | MERRILL LYNCH CAPITAL MAR | SALE | 5,29,911 | ₹135.33 |
Fundamentals, financials & technicals sourced from niftytrader.in, cached and refreshed periodically.