Market cap
₹14,228 Cr
Revenue (TTM)
₹2,640 Cr
P/E Ratio
39.6
P/B Ratio
2.9
Div. Yield
0.5 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 12.86 | 11.10 | 20.23 | 2.98 | 12.94 |
| EBIT | 150.27 | 91.70 | 109.01 | -51.50 | 25.18 |
| Net Profit | 202.98 | 22.57 | 79.92 | -11.61 | 70.54 |
| EPS | 207.53 | 16.71 | 173.94 | -11.20 | 71.02 |
| Book Value | -- | -- | 6.83 | 3.58 | 6.36 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 6.33 | 11.98 | 2.01 | 7.21 | 2.75 |
| Net Margin
| 6.79 | 13.90 | 7.63 | 12.47 | 5.20 |
| Return on equity
| 4.11 | 8.36 | 7.51 | 7.34 | 2.67 |
| Return on Capital
| 5.67 | 9.84 | -- | 8.34 | 4.05 |
| Return on Assets
| 3.13 | 6.35 | 3.80 | 5.72 | 2.09 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.17 | 0.13 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HEG
|
--
|
8.34
|
4.05
|
8.56
|
14.66
|
|
Peer Median
|
--
|
9.48
|
18.19
|
13.55
|
--
|
ROE
7.51
Higher than Peers by 2.45
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HEG
|
7.51
|
7.34
|
2.67
|
7.16
|
12.99
|
|
Peer Median
|
5.06
|
8.87
|
15.22
|
11.06
|
--
|
ROA
3.80
Lower than Peers by 0.21
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HEG
|
3.80
|
5.72
|
2.09
|
5.47
|
9.57
|
|
Peer Median
|
4.01
|
5.05
|
8.68
|
8.55
|
--
|
EBIT Margin
2.01
Lower than Peers by 0.58
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HEG
|
2.01
|
7.21
|
2.75
|
8.68
|
20.92
|
|
Peer Median
|
2.59
|
18.49
|
6.41
|
17.90
|
--
|
Net Margin
7.63
Lower than Peers by 0.80
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HEG
|
7.63
|
12.47
|
5.20
|
12.29
|
20.67
|
|
Peer Median
|
8.43
|
7.08
|
12.29
|
13.34
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HEG
|
--
|
21.42
|
14.70
|
20.25
|
25.68
|
|
Peer Median
|
--
|
0.00
|
--
|
0.00
|
--
|
Revenue Growth
20.23
Higher than Peers by 20.89
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HEG
|
20.23
|
19.32
|
-10.11
|
-2.93
|
12.07
|
|
Peer Median
|
-0.65
|
75.51
|
-7.06
|
-1.32
|
--
|
EBIT Growth
109.01
Higher than Peers by 107.71
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HEG
|
109.01
|
212.38
|
-71.48
|
-59.74
|
15.21
|
|
Peer Median
|
1.29
|
211.08
|
17.87
|
2.12
|
--
|
Net Profit Growth
79.92
Higher than Peers by 86.18
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HEG
|
79.92
|
184.96
|
-61.95
|
-41.46
|
23.52
|
|
Peer Median
|
-6.25
|
293.72
|
-43.11
|
37.40
|
--
|
EPS Growth
173.94
Higher than Peers by 174.97
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HEG
|
173.94
|
197.48
|
-63.20
|
-41.46
|
23.52
|
|
Peer Median
|
-1.04
|
286.13
|
58.43
|
9.87
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HEG
|
--
|
6.83
|
0.63
|
3.39
|
9.39
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HEG
|
--
|
0.17
|
0.13
|
0.14
|
0.17
|
|
Peer Median
|
--
|
0.03
|
0.03
|
0.13
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HEG
|
--
|
0.17
|
0.13
|
0.14
|
0.17
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.21
Lower than Peers by 1.87
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HEG
|
2.21
|
2.21
|
2.26
|
2.25
|
2.17
|
|
Peer Median
|
4.08
|
3.59
|
2.50
|
2.03
|
--
|
Quick Ratio
1.34
Lower than Peers by 1.66
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HEG
|
1.34
|
1.34
|
1.11
|
1.23
|
1.07
|
|
Peer Median
|
3.00
|
44.25
|
3.54
|
6.88
|
--
|
Interest Coverage
9.00
Lower than Peers by 68.29
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HEG
|
9.00
|
11.87
|
5.21
|
12.06
|
27.04
|
|
Peer Median
|
77.29
|
11.30
|
60.31
|
26.22
|
--
|
Operating Efficiency
Debtors to sales
18.92
Higher than Peers by 0.64
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HEG
|
18.92
|
19.45
|
20.66
|
21.22
|
19.83
|
|
Peer Median
|
18.28
|
20.47
|
19.56
|
15.77
|
--
|
Asset Turnover
0.45
Higher than Peers by 0.05
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HEG
|
0.45
|
0.44
|
0.38
|
0.42
|
0.44
|
|
Peer Median
|
0.39
|
0.60
|
0.38
|
0.53
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HEG
|
--
|
66.97
|
80.13
|
75.80
|
79.63
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HEG
|
--
|
169.39
|
205.91
|
200.20
|
178.56
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HEG
|
--
|
137.30
|
166.51
|
132.71
|
171.39
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HEG
|
--
|
99.05
|
119.52
|
143.29
|
86.80
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
39.65
No difference
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HEG
|
39.65
|
30.67
|
81.38
|
4.57
|
6.67
|
|
Peer Median
|
39.65
|
27.39
|
24.12
|
21.39
|
--
|
Price / Book Value
2.93
No difference
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HEG
|
2.93
|
2.20
|
2.10
|
1.61
|
0.83
|
|
Peer Median
|
2.93
|
2.29
|
2.22
|
3.58
|
--
|
Dividend Yield
0.46
Lower than Peers by 0.02
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HEG
|
0.46
|
0.63
|
0.37
|
1.22
|
4.62
|
|
Peer Median
|
0.48
|
0.47
|
--
|
0.56
|
--
|
EV/EBITDA
26.35
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HEG
|
26.35
|
20.41
|
25.23
|
13.98
|
4.95
|
|
Peer Median
|
--
|
10.88
|
11.26
|
20.79
|
--
|
Market Cap
14,228
Higher than Peers by 616
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
HEG
|
14,228
|
10,466
|
9,334
|
7,116
|
3,554
|
|
Peer Median
|
13,612
|
198
|
255
|
539
|
--
|