HEG Advanced Materials Limited
NSE: HEG · Electrodes & Refractories
Snapshot
Unlock HEG Advanced Materials Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
H.E.G. Ltd. is a leading manufacturer of graphite electrodes, serving the global steel industry with ultra-high, high, and regular power grade products. The company also produces graphite specialties and activated carbon fabric, while maintaining captive power generation facilities to support its manufacturing operations.
Business Model
The company generates revenue primarily through the sale of graphite electrodes to steel manufacturers, supplemented by power generation and the sale of specialised carbon-based products. It leverages a diversified international footprint, exporting to approximately 30 countries.
- Power Generation Capacity:76.5 MW
Growth Outlook
Growth is driven by the global demand for electric arc furnace steel production and the expansion of specialised carbon applications. The company continues to focus on operational efficiency through its integrated power generation assets.
Key Risks
- Cyclicality of Steel Industry. The company's performance is highly sensitive to the cyclical nature of the global steel industry and fluctuations in steel production volumes.
- Raw Material Price Volatility. Fluctuations in the prices of needle coke, a critical raw material for graphite electrode production, can significantly impact profit margins.
- Geopolitical and Trade Risks. As an export-oriented business serving 30 countries, the company is exposed to international trade barriers, tariffs, and geopolitical instability.
- Energy Cost Sensitivity. While the company maintains captive power plants, its manufacturing processes remain energy-intensive and susceptible to changes in fuel and energy costs.
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Key Metrics
REVENUE
₹2,640 Cr
TTM · consolidated
NET PROFIT
₹359 Cr
TTM · consolidated
EPS
₹18.59
TTM · consolidated
RETURN ON EQUITY
7.8%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
7.5%
TTM · consolidated
P/E
13.4×
Q1 FY27 · consolidated
EV/EBITDA
9.5x
Q1 FY27 · consolidated
EBITDA MARGIN
21.2%
TTM · consolidated
NET PROFIT MARGIN
18.0%
Q1 FY27 · consolidated
DEBT TO EQUITY
0.2x
Q1 FY27 · consolidated
Peers · Electrodes & Refractories
| Company | Mkt Cap | P/E (TTM) | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
HEG Advanced Materials LimitedHEG | ₹4,579 Cr | 13.4× | 9.51 | 19.7% | 21.2% | 7.8% | 7.5% | -53.4% |
Vesuvius India LimitedVESUVIUS | ₹8,039 Cr | 26.0× | 15.24 | 33.5% | 19.5% | 19.3% | 25.4% | -20.5% |
Rhi Magnesita India LimitedRHIM | ₹8,030 Cr | -22.5× | 15.94 | 8.5% | 12.6% | -9.4% | -5.8% | -13.8% |
Raghav Productivity Enhancers Ltd.RPEL | ₹7,860 Cr | 133.2× | 89.98 | 33.9% | 30.6% | 28.6% | 35.1% | +180.3% |
Monolithisch IndMONOLITH | ₹2,626 Cr | — | — | — | 22.0% | — | — | +179.1% |
IFGL Refractori.IFGLEXPOR | ₹1,421 Cr | 33.4× | 10.68 | 15.4% | 7.5% | 3.6% | 5.5% | -33.0% |
As of Q1 FY27
Financials
HEG Advanced Materials Limited
NSE: HEG · Electrodes & Refractories
Snapshot
Unlock HEG Advanced Materials Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
H.E.G. Ltd. is a leading manufacturer of graphite electrodes, serving the global steel industry with ultra-high, high, and regular power grade products. The company also produces graphite specialties and activated carbon fabric, while maintaining captive power generation facilities to support its manufacturing operations.
Business Model
The company generates revenue primarily through the sale of graphite electrodes to steel manufacturers, supplemented by power generation and the sale of specialised carbon-based products. It leverages a diversified international footprint, exporting to approximately 30 countries.
- Power Generation Capacity:76.5 MW
Growth Outlook
Growth is driven by the global demand for electric arc furnace steel production and the expansion of specialised carbon applications. The company continues to focus on operational efficiency through its integrated power generation assets.
Key Risks
- Cyclicality of Steel Industry. The company's performance is highly sensitive to the cyclical nature of the global steel industry and fluctuations in steel production volumes.
- Raw Material Price Volatility. Fluctuations in the prices of needle coke, a critical raw material for graphite electrode production, can significantly impact profit margins.
- Geopolitical and Trade Risks. As an export-oriented business serving 30 countries, the company is exposed to international trade barriers, tariffs, and geopolitical instability.
- Energy Cost Sensitivity. While the company maintains captive power plants, its manufacturing processes remain energy-intensive and susceptible to changes in fuel and energy costs.
Start your research today
Unlock AI insights, financials, peers and live data on HEG Advanced Materials Limited and 5,000+ companies — free.
Key Metrics
REVENUE
₹2,640 Cr
TTM · consolidated
NET PROFIT
₹359 Cr
TTM · consolidated
EPS
₹18.59
TTM · consolidated
RETURN ON EQUITY
7.8%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
7.5%
TTM · consolidated
P/E
13.4x
Q1 FY27 · consolidated
EV/EBITDA
9.5x
Q1 FY27 · consolidated
EBITDA MARGIN
21.2%
TTM · consolidated
NET PROFIT MARGIN
18.0%
Q1 FY27 · consolidated
DEBT TO EQUITY
0.2x
Q1 FY27 · consolidated
Peers · Electrodes & Refractories
As of Q1 FY27