HEG Limited (BOM:509631)

HEG Limited Stock Forecast

Stock Price Forecast

According to 2 analysts polled by S&P Global, HEG Limited stock has a consensus rating of "Strong Buy" and an average price target of ₹700.00. The average 1-year stock price forecast is 27.28% higher than the current stock price, while the lowest is ₹650.00 (+18.19%) and the highest is ₹750.00 (+36.38%).

Price Target: ₹700.00 (+27.28%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	₹650.00	₹700.00	₹700.00	₹750.00
Change	+18.19%	+27.28%	+27.28%	+36.38%

Analyst Ratings

The average analyst rating for HEG Limited stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	2	2	2	2	2	2
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	2	2

Financial Forecast

Revenue This Year

30.29B

Increased by 11.79%

from 27.09B

Revenue Next Year

40.21B

Increased by 32.77%

from 30.29B

EPS This Year

20.80

Increased by 17.58%

from 17.69

EPS Next Year

31.30

Increased by 50.46%

from 20.80

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	22.02B	24.67B	23.95B	21.60B	27.09B	30.29B
Revenue Growth	75.26%	12.07%	-2.93%	-9.82%	25.46%	11.79%
Operating Income	4.52B	5.18B	2.09B	1.78B	3.45B	5.29B
Net Income	4.31B	5.32B	3.12B	1.15B	3.41B	4.01B
EPS	22.34	27.59	16.15	5.96	17.69	20.80
EPS Growth	-	23.52%	-41.46%	-63.10%	196.81%	17.58%
Forward PE	-	-	-	-	-	26.44
Dividend / Share	8.00	8.50	4.50	1.80	3.40	6.20
Dividend Growth	-	6.25%	-47.06%	-60.00%	88.89%	82.35%
Free Cash Flow	-4.65B	-4.43B	814.94M	450.26M	-1.36B	-8.60B
No. Analysts	-	-	-	-	-	1

Financial currency is INR.

Revenue Forecast

Revenue	2027	2028	2029
High	30.3B
Avg	30.3B
Low	30.3B

Revenue Growth

Revenue Growth	2027	2028	2029
High	11.8%
Avg	11.8%
Low	11.8%

EPS Forecast

EPS	2027	2028	2029
High	20.80
Avg	20.80
Low	20.80

EPS Growth

EPS Growth	2027	2028	2029
High	17.6%
Avg	17.6%
Low	17.6%

Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Financial forecast data provided by S&P Global Market Intelligence. The data is sourced from Wall Street analysts. Data sources.