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Clear AllValue Research Rating
Quality Score 
0/0
Growth Score
0/0
Valuation Score
0/0
Momentum Score
0/0
Today’s Range
52 Week Range
Liquidity
Market cap
₹9,438 Cr
Revenue (TTM)
₹2,515 Cr
Net Profit (TTM)
₹381 Cr
ROE
2.6 %
ROCE
4 %
P/E Ratio
24.7
P/B Ratio
2
Industry P/E
30.43
EV/EBITDA
15.6
Div. Yield
0.4 %
Debt to Equity
0.1
Book Value
₹249.1
EPS
₹19.8
Face value
2
Shares outstanding
192,977,530
CFO
₹4,807.75 Cr
EBITDA
₹8,288.26 Cr
Net Profit
₹5,499.80 Cr
|
Company
|
YTD
|
1 Month
|
3 Months
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
|---|---|---|---|---|---|---|---|
|
HEG
| -21.6 | -11.7 | -6.1 | 16.6 | 36.3 | 9.3 | 32.8 |
|
BSE CG
| 1.3 | -4.1 | 2.7 | 13.1 | 24.8 | 26.1 | 18.3 |
|
Company
|
2025
|
2024
|
2023
|
2022
|
2021
|
2020
|
2019
|
|---|---|---|---|---|---|---|---|
|
HEG
| 17.6 | 32.3 | 85.2 | -42.4 | 89.3 | -13.1 | -71.1 |
|
BSE Small Cap
| -6.6 | 29.0 | 47.5 | -1.8 | 62.8 | 32.1 | -6.8 |
|
BSE CG
| -1.0 | 21.6 | 66.9 | 16.0 | 53.4 | 10.6 | -10.0 |
Is there a threat to the company's solvency?
Can creative accounting be detected through the financial numbers?
How did the company perform in the last one year?
5Y Avg -- 3Y Avg -- TTM --
P/E Ratio
--
--Min --Median --Max
P/B Ratio
--
--Min --Median --Max
Earnings Yield (%)
--
Earnings Yield (%) = EBIT / Enterprise value
PEG Ratio
--
Price = Price / Earnings to growth ratio
Company |
Price (₹) | Market Cap (₹ Cr) | Revenue (TTM) | Net Profit (TTM) | OPM (%) | ROE (%) | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
|
HEG
|
488.9 | 9,437.6 | 2,514.7 | 303.3 | 3.8 | 8.4 | 24.7 | 2.0 |
| 3,573.1 | 33,349.9 | 4,310.6 | 1,149.3 | 25.1 | 16.3 | 28.7 | 4.4 | |
| 717.2 | 380.1 | 119.8 | 13.0 | 9.0 | 10.5 | 29.2 | 2.9 | |
| 20,720.0 | 27,256.0 | 8,863.2 | 1,367.6 | 12.5 | 29.1 | 19.9 | 7.0 | |
| 2,295.8 | 26,317.2 | 6,525.0 | 689.0 | 9.4 | 31.5 | 38.2 | 10.7 | |
| 599.8 | 11,722.5 | 2,702.0 | 325.0 | 2.6 | 5.9 | 35.6 | 2.0 | |
| 37.3 | 24,722.8 | 10,652.5 | 622.8 | 8.0 | 35.2 | 39.7 | 12.4 | |
| 442.0 | 212.1 | 57.3 | 21.6 | 32.3 | 12.5 | 9.8 | 1.2 | |
| 34.2 | 13.7 | 0.3 | -0.1 | -235.3 | -5.4 | -- | 4.1 | |
| 3,191.8 | 23,953.0 | 3,286.0 | 430.4 | 14.9 | 15.3 | 55.7 | 8.5 |
2 min read•By Jugal Harpalani
HEG Limited manufactures and sells graphite electrodes in India and internationally. The company operates through Graphite Electrodes and Power Generation segments. It provides ultra-high power and high power electrodes; graphite electrodes and... nipples; carbon blocks; graphite specialties; and activated carbon fabric products. The company operates thermal power plants and a hydroelectric power facility. HEG Limited was incorporated in 1972 and is based in Noida, India. Read more
Incorporated
1972
Chairman
Ravi Jhunjhunwala
Managing Director
Ravi Jhunjhunwala
Group
Bhilwara
Headquarters
Raisen Dist, Madhya Pradesh
Website
Looking for more details about HEG Ltd.’s IPO? Explore our IPO Details page.
Our rating system has guided millions of investors in the past 20 years.
The share price of HEG Ltd is ₹488.85 (NSE) and ₹489.05 (BSE) as of 19-Mar-2026 IST. HEG Ltd has given a return of 36.27% in the last 3 years.
The P/E ratio of HEG Ltd is 24.74 times as on 19-Mar-2026, a 19 discount to its peers’ median range of 30.43 times.
The P/B ratio of HEG Ltd is 1.96 times as on 19-Mar-2026, a 4 discount to its peers’ median range of 2.05 times.
PE & PB ratio at the end of financial year.
| Year | P/E Ratio | P/B Ratio |
|---|---|---|
|
2025
|
81.13
|
2.10
|
|
2024
|
4.57
|
1.61
|
|
2023
|
6.67
|
0.83
|
|
2022
|
12.30
|
1.36
|
|
2021
|
0.00
|
1.62
|
The 52-week high and low of HEG Ltd are Rs 672.00 and Rs 406.10 as of 20-Mar-2026.
HEG Ltd has a market capitalisation of ₹ 9,438 Cr as on 19-Mar-2026. As per SEBI classification, it is a Small Cap company.
Before investing in HEG Ltd, assess your goals, risk tolerance, and if the company aligns with your long-term plan. Carefully review its business model, financials, and valuation. Avoid making decisions based on tips or short-term trends.
₹-22.25
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