H.E.G. financials

Latest results Q1 FY27 · Apr–Jun 2026
Revenue
₹681cr+10.4% on Q1 FY26
Net profit
₹122cr+16.7% on Q1 FY26
EBITDA margin
22.1%+5.0 pts on Q1 FY26
EPS
₹6.34+16.8% on Q1 FY26

Quarterly results

Every quarter ›
₹ croreQ1 FY27Q1 FY26Change
Revenue681617+10.4%
EBITDA151105+42.8%
EBITDA margin22.1%17.1%+5.0 pts
Profit before tax135111+21.1%
Net profit122105+16.7%
EPS₹6.34₹5.43+16.8%

Over time

Q1 FY27 · Apr–Jun 2026latest
Revenue₹681 crNet profit₹122 crNet margin18.0%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
4,402————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
443443444461157
793793587619741
4,752————
2,6402,5692,1602,3952,467
—+18.9%−9.8%−2.9%—
263398255382618
10.0%15.5%11.8%16.0%25.1%
53.218554.5208516
359341115312532
13.6%13.3%5.3%13.0%21.6%
₹18.59₹17.69₹5.96₹16.15₹27.58
—+196.7%−63.1%−41.5%—
—213280612113
—−253−182−403−480
−39.5−39.597.5209−366
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

HEG₹228.10
₹ CrorePeersGRAPHITEGALLANTTFINCABLESEMMVEEJINDALSAWELGIEQUIPELECONJWLMcap ₹4,402 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————4,402.3
- Cash, Equiv & ST Investments157.0460.7443.8443.3443.3
+ Total Debt740.9619.4587.1793.3793.3
Enterprise Value————4,752.3
Revenue2,467.22,394.92,159.72,568.52,639.6
Growth %, YoY—-2.9-9.8+18.9—
EBITDA618.4382.4255.1398.3263.0
Margin %25.0615.9711.8115.519.96
EBIT516.1207.854.5185.153.2
Net Income532.4311.7115.1341.4358.9
Margin %21.5813.015.3313.2913.60
EPS, Adj (current shares)27.5816.155.9617.6918.59
Growth %, YoY—-41.5-63.1+196.7—
Cash from Operations113.3612.2279.7213.2—
Capital Expenditures-479.7-403.0-182.2-252.7—
Free Cash Flow-366.4209.297.5-39.5-39.5
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

H.E.G financials and key ratios

Prices at the 29 October 2026 close · figures from the company's filings with NSE

H.E.G (NSE: HEG) had a market capitalisation of ₹4,695 crore at the 29 October 2026 close (₹243.25 a share), a PE ratio of 13.1 on the last four quarters' profit and a price-to-book ratio of 0.99. In FY26 its consolidated net profit was ₹341 crore on revenue of ₹2,569 crore; in Q1 FY27 (April–June 2026) it was ₹122 crore, up 16.7% year on year. Its debt-to-equity ratio was 0.17 on 31 March 2026. Promoters held 60.72% of the shares on 8 September 2026.

Share price used
₹243.25 · 29 October 2026 close
Latest balance sheet
31 March 2026
Shareholding pattern
8 September 2026
Share price and live chart
₹243.25 · 29 Oct close

H.E.G at a glance · consolidated

Market cap
₹4,695 Crat ₹243.25 · 29 Oct close
PE ratio (last 4 quarters)
13.113.8 on FY26 profit
Price to book (PB)
0.99book value ₹246.52 a share
ROE (FY26)
7.4%+4.8 pts vs FY25ROCE 3.9%
Debt to equity
0.17net debt ₹140 Cr
Promoter holding
60.72%+4.4 pts vs 30 Jun 20268 September 2026
Dividend yield
1.40%₹3.40 a share in 12 months
Net worth
₹4,758 Cr+6.8% vs 31 Mar 202531 March 2026
Free cash flow (FY26)
−₹39.5 Cr

Questions

What is the H.E.G PE ratio today?

H.E.G's PE ratio is 13.1 at the 29 October 2026 close (₹243.25 a share): a market capitalisation of ₹4,695 crore divided by consolidated net profit of ₹359 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹341 crore) it is 13.8.

What is the H.E.G net worth?

H.E.G's net worth — shareholders' equity in its consolidated balance sheet — was ₹4,758 crore on 31 March 2026, up 6.8% from ₹4,454 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹4,695 crore at the 29 October 2026 close.

What is the H.E.G book value per share?

H.E.G's book value per share was ₹246.52 on 31 March 2026: shareholders' equity of ₹4,758 crore divided by the 19.3 crore shares in issue, up 6.8% from ₹230.77 a year earlier. The share price at the 29 October 2026 close was ₹243.25.

What is the H.E.G PB ratio (price to book value)?

H.E.G's price-to-book (PB) ratio is 0.99 at the 29 October 2026 close: a market capitalisation of ₹4,695 crore divided by shareholders' equity (book value) of ₹4,758 crore on 31 March 2026. That is a book value of ₹246.52 per share against a share price of ₹243.25.

Is H.E.G debt free?

No. H.E.G had borrowings of ₹793 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.17. Its cash and current investments were ₹653 crore, so its net debt was ₹140 crore.

What is the H.E.G ROE and ROCE?

In FY26, H.E.G's return on equity (ROE) was 7.4% and its return on capital employed (ROCE) was 3.9%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 2.6% and ROCE 1.2%.

What is the H.E.G market cap?

H.E.G's market capitalisation was ₹4,695 crore at the 29 October 2026 close: 19.3 crore shares at ₹243.25 each.

What is the H.E.G debt to equity ratio?

H.E.G's debt-to-equity ratio was 0.17 on 31 March 2026: borrowings of ₹793 crore against total equity of ₹4,758 crore. A year earlier, on 31 March 2025, it was 0.13.

What is the H.E.G EPS?

H.E.G's basic earnings per share (EPS) were ₹17.69 in FY26, against ₹5.96 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹18.59.

What is the H.E.G dividend yield?

H.E.G's dividend yield is 1.40% at the 29 October 2026 close: dividends of ₹3.40 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹243.25. They were ₹3.40 on 22 July 2026.

What is the H.E.G free cash flow?

In FY26, H.E.G generated ₹213 crore of cash from operations and spent ₹253 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹39.5 crore. In FY25 it was ₹97.5 crore.

What are the H.E.G latest quarterly results?

H.E.G's latest results are for Q1 FY27 (April–June 2026): consolidated net profit ₹122 crore, up 16.7% from ₹105 crore in Q1 FY26; revenue from operations ₹681 crore, up 10.4% year on year.

What is the H.E.G dividend in 2026 and its record date?

In 2026, H.E.G has declared one dividend: ₹3.40 with record date 22 July 2026.

What is the H.E.G promoter holding?

Promoters held 60.72% of H.E.G on 8 September 2026, up 4.44 percentage points from 56.28% the previous quarter, according to the shareholding pattern filed with NSE.

When are the H.E.G next results?

H.E.G will announce its Q2 FY27 results (July–September 2026) on Tuesday, 3 November 2026, the date of the board meeting it has notified to the exchanges.

What is the H.E.G shareholding pattern?

On 8 September 2026, H.E.G's shares were held by promoters 60.72%, foreign portfolio investors (FII/FPI) 5.30%, domestic institutions (DII) 12.76% (including mutual funds at 4.27%) and retail and other non-institutional investors 21.22%.

What is the H.E.G revenue and profit in FY26?

In FY26 (April 2025–March 2026), H.E.G's consolidated net profit was ₹341 crore, up 196.7% from ₹115 crore in FY25, on revenue from operations of ₹2,569 crore (up 18.9%). Over three years, from FY23, net profit was down 35.9%.

How does the H.E.G PE ratio compare with its peers?

At the 29 October 2026 closing prices, on FY26 net profit, H.E.G's PE ratio is 13.8, the lowest of the four: Graphite India 83.3, Gallantt Ispat 28.5 and Finolex Cables 25.0, a peer average of 45.6. Each is the company's market capitalisation at that price divided by its FY26 net profit.

How does H.E.G compare with its peers?

On FY26 consolidated figures, against Graphite India, Gallantt Ispat and Finolex Cables: H.E.G's operating margin of 7.2% is the third highest of the four (Graphite India 3.7%, Gallantt Ispat 13.3%, Finolex Cables 8.9%; peer average 8.6%); its return on equity of 7.4% is the third highest of the four (Graphite India 3.0%, Gallantt Ispat 15.7%, Finolex Cables 12.3%; peer average 10.4%); its revenue growth over three years of 1.4% a year is the third highest of the four (Graphite India −3.6% a year, Gallantt Ispat 3.1% a year, Finolex Cables 12.2% a year; peer average 3.9% a year).

H.E.G vs Graphite India: how do they compare?

In FY26, H.E.G earned net profit of ₹341 crore on revenue of ₹2,569 crore, against ₹175 crore on ₹2,852 crore for Graphite India. H.E.G's operating margin was 7.2% (Graphite India 3.7%) and its return on equity 7.4% (Graphite India 3.0%). At the 29 October 2026 close, H.E.G's market capitalisation was ₹4,695 crore against ₹14,575 crore for Graphite India, and its PE ratio on FY26 profit 13.8 against 83.3.

Where do these H.E.G figures come from?

From H.E.G's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.