Heg Advanced Material Ltd
HEGAM · NSE · Capital Goods
₹279.94−₹0.710.25%Prev. close ₹280.65
At close: 13 Nov 2026, 3:30 PM India time · NSE
- Market cap
- ₹9,163 Cr
- Trailing P/E
- 15.82
- Forward P/E
- —
- Open
- ₹280.65
- Day range
- ₹274.52 – ₹282.75
- 52W range
- ₹191.71 – ₹317.40
- EPS (TTM)
- ₹17.69
- Dividend yield
- —
- Volume
- 11.70 L
- P/B
- 0.97
- ROE
- 7.2%
- Debt / equity
- 0.17
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Heg Advanced Material Ltd (HEGAM): company summary
The company's business has improved significantly, with annual net profit rising 196.7% to ₹341 crore, driven by a sharp increase in the net profit margin to 13.3% from 5.3%.
Heg Advanced Material Ltd (HEGAM) is a small-cap Capital Goods company valued at ₹9,163 crore operating in Electrodes & Refractories on the NSE and BSE.
- Recent price move
- Heg Advanced Material Ltd last traded at ₹279.94, modestly down 0.25% on the day.
- Recent developments
- On 2026-10-06, HEG Advanced Materials announced a surge in share price due to fresh orders and demerger plans, with the graphite electrodes business being split into a standalone entity, HEG Graphite, set to list by October-end.
- Financial performance
- The company's business has improved significantly, with annual net profit rising 196.7% to ₹341 crore, driven by a sharp increase in the net profit margin to 13.3% from 5.3%. However, the latest quarter showed a sharp decline in revenue, falling 38.5% to ₹430 crore, while net profit rose 113.5% to ₹306 crore compared to the same quarter a year earlier.
- Valuation multiples
- The stock trades at 15.8 times earnings, 0.97 times book value.
- Things to watch
- The company's latest quarter revenue fell 38.5% compared to the same quarter a year earlier, and its profit growth has slowed over the past three years, declining at -13.8% annually. The stock is 7.4% below its 52-week high, and the company has not paid any dividends despite reporting repeated profits.
- Where it stands
- HEG Advanced Materials has seen a sharp rise in net profit, but recent quarterly results show a significant drop in revenue. The company's demerger plan may reshape its business, but its stock remains below its 52-week high. The most significant movement was the 113.5% rise in net profit for the latest quarter.
Summarised by DocStoX's model on 2026-11-07 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.
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