H.E.G. quarterly results

Q1 FY27 · Apr–Jun 2026

₹ crore	Q1 FY27	Q1 FY26	Change
Revenue	681	617	+10.4%
EBITDA	151	105	+42.8%
EBITDA margin	22.1%	17.1%	+5.0 pts
Profit before tax	135	111	+21.1%
Net profit	122	105	+16.7%
EPS	₹6.34	₹5.43	+16.8%

Every quarter

₹ crore except per share

Tap a line for its trend	Q1 FY27Jun 2026	Q4 FY26Mar 2026	Q3 FY26Dec 2025	Q2 FY26Sep 2025	Q1 FY26Jun 2025	Q4 FY25Mar 2025	Q3 FY25Dec 2024	Q2 FY25Sep 2024	Q1 FY25Jun 2024	Q4 FY24Mar 2024	Q3 FY24Dec 2023	Q2 FY24Sep 2023	Earlier quartersAlpha Plus

Expenses
	681	603	656	699	617	542	478	568	571	547	562	614	Earlier quartersEvery year the company has filed comes with Alpha Plus.
	43.6	39.9	102	112	66.9	48.0	112	43.0	20.4	64.3	23.2	28.0
	724	643	758	812	684	590	590	611	592	611	586	642
	265	261	244	234	237	244	229	251	231	235	245	304
	−14.1	−4.6	16.4	58.8	17.3	−35.3	−50.7	−10.3	45.3	57.8	34.2	−28.4
	32.7	35.3	32.9	28.9	31.1	32.3	24.8	22.8	23.8	25.3	22.8	23.1
	10.0	10.7	9.4	8.9	8.2	12.0	9.4	9.3	8.5	8.6	9.7	8.5
	49.6	52.6	53.9	53.8	53.1	54.6	50.6	47.9	47.5	50.4	47.4	38.5
	246	460	221	259	226	357	195	207	233	186	173	213
	590	815	577	644	573	664	458	528	589	563	533	559
	151	−148	142	118	105	−55.5	79.9	96.6	38.7	42.8	86.6	102
	101	−201	88.4	64.6	52.4	−110	29.3	48.7	−8.8	−7.7	39.2	63.4
Profit
	135	−172	181	168	111	−74.1	132	82.3	3.2	48.0	52.7	82.9
	135	−172	181	168	111	−74.1	132	82.3	3.2	48.0	52.7	82.9
	41.7	7.7	33.0	21.2	17.2	20.7	10.9	9.1	7.6	15.1	11.3	16.9
	1.1	−33.8	6.2	10.7	5.5	−31.6	24.3	11.3	−6.9	−1.6	4.4	4.8
	42.7	−26.1	39.2	31.9	22.6	−10.9	35.2	20.4	0.7	13.5	15.8	21.7
	30.5	26.8	65.1	7.3	16.3	−10.6	−12.9	20.4	20.6	−1.7	6.7	34.8
	122	−114	207	143	105	−73.7	83.4	82.3	23.0	32.9	43.7	96.0
	91.8	−146	142	136	88.5	−63.1	96.3	61.9	2.5	34.6	37.0	61.2
	0.0	5.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
	−0.1	−1.6	0.3	−1.1	−0.1	−1.0	−0.0	0.6	−0.0	0.4	−0.1	−0.0
	122	−115	207	142	105	−74.7	83.4	82.9	23.0	33.3	43.6	96.0
	122	—	—	—	—	—	—	—	—	—	—	—
Per share
	₹6.34	−₹5.90	₹10.72	₹7.43	₹5.43	−₹3.82	₹4.32	₹4.26	₹5.97	₹8.53	₹11.32	₹24.87
	₹6.34	−₹5.90	₹10.72	₹7.43	₹5.43	−₹3.82	₹4.32	₹4.26	₹5.97	₹8.53	₹11.32	₹24.87
Continuing & discontinued operations
	0.0	5.4	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
	0.0	0.3	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other comprehensive income — detail
	−0.1	−1.6	0.3	−1.1	−0.1	−1.0	—	—	—	—	—	—
	—	−2.0	0.3	−1.4	0.0	−1.0	0.0	0.9	0.0	0.5	0.0	−0.0
	0.0	−0.5	0.1	−0.4	0.0	−0.2	—	—	—	—	—	—
	—	—	—	—	—	—	0.0	0.2	0.0	0.1	0.0	0.0
	−0.1	−0.1	0.1	−0.1	−0.1	−0.3	−0.0	−0.0	−0.0	0.0	−0.1	−0.0
	122	−120	—	—	—	—	—	—	—	—	—	—
	0.0	5.0	—	—	—	—	—	—	—	—	—	—
Per share — as-filed variants
	₹6.34	−₹6.16	₹10.72	₹7.43	₹5.43	−₹3.82	₹4.32	₹4.26	₹5.97	₹8.53	₹11.32	₹24.87
	₹6.34	−₹6.16	₹10.72	₹7.43	₹5.43	−₹3.82	₹4.32	₹4.26	₹5.97	₹8.53	₹11.32	₹24.87
	₹0.00	₹0.26	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00
	₹0.00	₹0.26	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00
Derived — gross profit (revenue − materials − purchases − Δ inventories)
	430	347	396	406	362	334	300	327	295	254	283	338
	63.1%	57.6%	60.4%	58.1%	58.7%	61.6%	62.7%	57.6%	51.6%	46.5%	50.3%	55.1%
Adjusted (ex-exceptional items) — derived
	135	−172	181	168	111	−74.1	132	82.3	3.2	48.0	52.7	82.9
	122	−114	207	143	105	−73.7	83.4	82.3	23.0	32.9	43.7	96.0
	₹6.34	−₹5.90	₹10.72	₹7.43	₹5.43	−₹3.82	₹4.32	₹4.26	₹5.97	₹8.53	₹11.32	₹24.87

Open the chart

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

alphave

HEG₹228.10

H.E.G. Ltd.

· Capital Goods & Defence

Annual Quarterly₹ CrorePeersGRAPHITE GALLANTT FINCABLES EMMVEE JINDALSAW ELGIEQUIP ELECON JWLMcap ₹4,402 Cr

View

In ₹ Crore except Per Share 3 Months Ending	Q2 FY24 30/09/2023	Q3 FY24 31/12/2023	Q4 FY24 31/03/2024	Q1 FY25 30/06/2024	Q2 FY25 30/09/2024	Q3 FY25 31/12/2024	Q4 FY25 31/03/2025	Q1 FY26 30/06/2025	Q2 FY26 30/09/2025	Q3 FY26 31/12/2025	Q4 FY26 31/03/2026	Q1 FY27 30/06/2026
Revenue from Operations	614.2	562.4	546.9	571.5	567.6	478.4	542.3	616.9	699.2	656.3	603.2	680.8
Other Income	28.0	23.2	64.3	20.4	43.0	111.6	48.0	66.9	112.3	102.0	39.9	43.6
Total Income	642.2	585.6	611.2	591.9	610.6	590.0	590.3	683.9	811.5	758.3	643.1	724.4
Expenses
+ Cost of Materials Consumed	304.4	245.4	234.8	231.2	251.1	228.9	243.5	237.3	234.1	243.6	260.5	265.2
+ Changes in Inventories	-28.4	34.2	57.8	45.3	-10.3	-50.7	-35.3	17.3	58.8	16.4	-4.6	-14.1
+ Employee Benefit Expense	23.1	22.8	25.3	23.8	22.8	24.8	32.3	31.1	28.9	32.9	35.3	32.7
+ Finance Costs	8.5	9.7	8.6	8.5	9.3	9.4	12.0	8.2	8.9	9.4	10.7	10.0
+ Depreciation & Amortisation	38.5	47.4	50.4	47.5	47.9	50.6	54.6	53.1	53.8	53.9	52.6	49.6
+ Other Expenses	213.2	173.3	186.2	232.5	207.4	195.5	357.2	225.8	259.0	221.1	460.3	246.5
Total Expenses	559.3	532.9	563.2	588.7	528.3	458.5	664.3	572.7	643.5	577.3	814.8	589.8
EBITDA	101.9	86.6	42.8	38.7	96.6	79.9	-55.5	105.4	118.4	142.3	-148.3	150.6
EBIT	63.4	39.2	-7.7	-8.8	48.7	29.3	-110.1	52.4	64.6	88.4	-200.9	101.0
Profit
PBT before Exceptional Items	82.9	52.7	48.0	3.2	82.3	131.5	-74.1	111.1	168.0	181.0	-171.7	134.6
Pretax Income	82.9	52.7	48.0	3.2	82.3	131.5	-74.1	111.1	168.0	181.0	-171.7	134.6
+ Current Tax	16.9	11.3	15.1	7.6	9.1	10.9	20.7	17.2	21.2	33.0	7.7	41.7
+ Deferred Tax	4.8	4.4	-1.6	-6.9	11.3	24.3	-31.6	5.5	10.7	6.2	-33.8	1.1
Tax Expense	21.7	15.8	13.5	0.7	20.4	35.2	-10.9	22.6	31.9	39.2	-26.1	42.7
+ Share of Associates & JVs	34.8	6.7	-1.7	20.6	20.4	-12.9	-10.6	16.3	7.3	65.1	26.8	30.5
Net Income	96.0	43.7	32.9	23.0	82.3	83.4	-73.7	104.8	143.3	207.0	-113.8	122.3
+ Net Income — Continuing Ops	61.2	37.0	34.6	2.5	61.9	96.3	-63.1	88.5	136.1	141.8	-145.6	91.8
+ Net Income — Discontinued Ops	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	5.0	0.0
+ Other Comprehensive Income	-0.0	-0.1	0.4	-0.0	0.6	-0.0	-1.0	-0.1	-1.1	0.3	-1.6	-0.1
Total Comprehensive Income	96.0	43.6	33.3	23.0	82.9	83.4	-74.7	104.8	142.2	207.3	-115.4	122.3
Net Income to Common	—	—	—	—	—	—	—	—	—	—	—	122.3
Per Share
Basic EPS	24.87	11.32	8.53	5.97	4.26	4.32	-3.82	5.43	7.43	10.72	-5.90	6.34
Diluted EPS	24.87	11.32	8.53	5.97	4.26	4.32	-3.82	5.43	7.43	10.72	-5.90	6.34
Continuing & Discontinued Operations
+ Discontinued Operations — before Tax	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	5.4	0.0
+ Tax — Discontinued Operations	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.3	0.0
Other Comprehensive Income — detail
+ Other Comprehensive Income	—	—	—	—	—	—	-1.0	-0.1	-1.1	0.3	-1.6	-0.1
+ Items NOT to be Reclassified to P&L	-0.0	0.0	0.5	0.0	0.9	0.0	-1.0	0.0	-1.4	0.3	-2.0	—
+ Tax on Items NOT to be Reclassified	—	—	—	—	—	—	-0.2	0.0	-0.4	0.1	-0.5	0.0
+ Tax on Items NOT to be Reclassified — alt tag	0.0	0.0	0.1	0.0	0.2	0.0	—	—	—	—	—	—
+ Items to be Reclassified to P&L	-0.0	-0.1	0.0	-0.0	-0.0	-0.0	-0.3	-0.1	-0.1	0.1	-0.1	-0.1
Comprehensive Income — Owners of Parent	—	—	—	—	—	—	—	—	—	—	-120.4	122.3
Comprehensive Income — Non-controlling Interests	—	—	—	—	—	—	—	—	—	—	5.0	0.0
Per Share — as-filed variants
Basic EPS — Continuing Operations	24.87	11.32	8.53	5.97	4.26	4.32	-3.82	5.43	7.43	10.72	-6.16	6.34
Diluted EPS — Continuing Operations	24.87	11.32	8.53	5.97	4.26	4.32	-3.82	5.43	7.43	10.72	-6.16	6.34
Basic EPS — Discontinued Operations	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.26	0.00
Diluted EPS — Discontinued Operations	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.26	0.00
Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories)
Gross Profit	338.2	282.8	254.3	295.0	326.8	300.1	334.0	362.3	406.3	396.3	347.3	429.7
Gross Margin %	55.07	50.29	46.50	51.63	57.57	62.73	61.60	58.73	58.11	60.38	57.58	63.12
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	82.9	52.7	48.0	3.2	82.3	131.5	-74.1	111.1	168.0	181.0	-171.7	134.6
Net Income Adj (tax-effected)	96.0	43.7	32.9	23.0	82.3	83.4	-73.7	104.8	143.3	207.0	-113.8	122.3
EPS Adj	24.87	11.32	8.53	5.97	4.26	4.32	-3.82	5.43	7.43	10.72	-5.90	6.34
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	10.00	10.00	10.00	10.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00
Paid Up Equity Capital	38.6	38.6	38.6	38.6	38.6	38.6	38.6	38.6	38.6	38.6	38.6	38.6

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: Q1 FY27 · 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 Q2 FY27 results date

H.E.G (NSE: HEG) will announce its Q2 FY27 results (July–September 2026) on Tuesday, 3 November 2026, according to the board-meeting notice it filed on 22 October 2026. Its latest results are for Q1 FY27 (April–June 2026). Consolidated net profit was ₹122 crore, up 16.7% from ₹105 crore in Q1 FY26 and against a loss of ₹114 crore in Q4 FY26. Revenue from operations was ₹681 crore, up 10.4% year on year and up 12.9% from the previous quarter.

Board-meeting notice filed: 22 October 2026

Latest results: Q1 FY27 (Apr–Jun 2026) · consolidated

Q2 FY27 results date: 3 November 2026Tuesday · notice filed 22 Oct
Q1 FY27 net profit: ₹122 Cr+16.7% vs Q1 FY26loss ₹114 Cr in Q4 FY26
Q1 FY27 revenue: ₹681 Cr+10.4% vs Q1 FY26+12.9% vs Q4 FY26
Q1 FY27 operating margin: 14.8%+6.3 pts vs Q1 FY26+48.1 pts vs Q4 FY26
Q2 FY26 net profit (a year earlier): ₹143 CrRevenue ₹699 Cr
Q1 FY27 EPS (basic): ₹6.34

Questions

When will H.E.G announce its Q2 FY27 results?

On 3 November 2026, the date of the board meeting called to approve them (notice filed with the exchanges on 22 October 2026).

What was H.E.G's net profit in FY26?

Consolidated net profit was ₹341 crore in FY26 (April 2025–March 2026), up 196.7% from ₹115 crore in FY25. It was ₹312 crore in FY24 and ₹532 crore in FY23: down 35.9% over three years, an average fall of 13.8% a year.

What was H.E.G's revenue in FY26?

Revenue from operations was ₹2,569 crore in FY26 (April 2025–March 2026), up 18.9% from ₹2,160 crore in FY25. It was ₹2,395 crore in FY24 and ₹2,467 crore in FY23: up 4.1% over three years, 1.3% a year on average.

What will H.E.G's Q2 FY27 results be compared with?

With the same quarter a year earlier, Q2 FY26 (July–September 2025), when consolidated net profit was ₹143 crore and revenue from operations ₹699 crore. The latest quarter, Q1 FY27, had a net profit of ₹122 crore and revenue of ₹681 crore.

What were H.E.G's Q1 FY27 results?

Consolidated net profit was ₹122 crore, up 16.7% from ₹105 crore in Q1 FY26 and against a loss of ₹114 crore in Q4 FY26. Revenue from operations was ₹681 crore, up 10.4% year on year and up 12.9% from the previous quarter.

How has H.E.G's profit changed over the last four quarters?

Net profit by quarter: a profit of ₹143 crore in Q2 FY26, a profit of ₹207 crore in Q3 FY26, a loss of ₹114 crore in Q4 FY26 and a profit of ₹122 crore in Q1 FY27. That is a combined profit of ₹359 crore over the four quarters, up 82.3% from ₹197 crore in the four quarters before. Revenue from operations: ₹699 crore, ₹656 crore, ₹603 crore and ₹681 crore.

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

From H.E.G's own consolidated results filings to NSE, in ₹ crore as filed; the date from its board-meeting notices.

Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.