HEG Advanced Materials Limited (NSE:HEGAM)
| Market Cap | 44.78B -55.0% |
| Revenue (ttm) | 26.37B +19.6% |
| Net Income | 3.59B +82.3% |
| EPS | 18.60 +82.2% |
| Shares Out | 192.98M |
| PE Ratio | 12.42 |
| Forward PE | 9.55 |
| Dividend | 3.40 (1.47%) |
| Ex-Dividend Date | Jul 22, 2026 |
| Volume | 407,296 |
| Open | 230.57 |
| Previous Close | 230.01 |
| Day's Range | 227.00 - 233.45 |
| 52-Week Range | 214.10 - 753.90 |
| Beta | 0.75 |
| Analysts | Strong Buy |
| Price Target | 710.00 (+206.19%) |
| Est. Earnings | Oct 22, 2026 |
About HEG Advanced Materials
HEG Advanced Materials Limited engages in the research and development of advanced battery materials, battery solutions. It manufactures custom machined components. The company also operates thermal power plants and a hydroelectric power facility. The company was formerly known as HEG Limited and change its name to HEG Advanced Materials Limited in September 2026. HEG Advanced Materials Limited was incorporated in 1972 and is headquartered in Noida, India. [Read more]
Financial Performance
In fiscal year 2026, HEG Advanced Materials's revenue was 25.69 billion, an increase of 19.31% compared to the previous year's 21.53 billion. Earnings were 3.41 billion, an increase of 196.70%.
Financial StatementsAnalyst Summary
According to 3 analysts, the average rating for HEGAM stock is "Strong Buy." The 12-month stock price target is ₹710.00, which is an increase of 206.19% from the latest price.
News
HEG Advanced Materials Transcript: Q1 26/27
Q1 FY 2027 saw strong profitability and margin expansion, with revenue up 11% year-over-year and EBITDA margin rising to 29%. Capacity utilization remained above 90%, and the company is well-positioned for long-term growth amid global EAF expansion and robust demand, despite rising input costs and geopolitical uncertainties.
HEG Advanced Materials Quarterly report: Q1 2027
HEG Advanced Materials has published its Q1 2027 quarterly earnings report on July 24, 2026.
HEG Advanced Materials Slides: Q1 2027
HEG Advanced Materials has posted slides in relation to its Q1 2027 quarterly earnings report, which was published on July 24, 2026.
HEG Advanced Materials Transcript: Q4 25/26
Strong year-over-year growth in volume and revenue, with EBITDA margins improving to 19%. Despite a quarterly loss from unrealized FX and investment losses, underlying operations remain robust, and long-term demand is supported by global steel industry shifts.
HEG Advanced Materials Quarterly report: Q4 2026
HEG Advanced Materials has published its Q4 2026 quarterly earnings report on May 4, 2026.
HEG Advanced Materials Slides: Q4 2026
HEG Advanced Materials has posted slides in relation to its Q4 2026 quarterly earnings report, which was published on May 4, 2026.
HEG Advanced Materials Annual report: Q4 2026
HEG Advanced Materials has published its Q4 2026 annual report on May 4, 2026.
HEG Advanced Materials Transcript: Q3 25/26
Delivered strong nine-month financials with robust margin expansion and industry-leading utilization, supported by global EAF transition and capacity expansion plans. Maintains a debt-free balance sheet and expects continued demand growth despite ongoing pricing pressures.
HEG Advanced Materials Quarterly report: Q3 2026
HEG Advanced Materials has published its Q3 2026 quarterly earnings report on February 11, 2026.
HEG Advanced Materials Slides: Q3 2026
HEG Advanced Materials has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on February 11, 2026.
HEG Advanced Materials Transcript: Investor update
A major restructuring will create two focused listed entities: one for graphite electrodes and another, HEG Greentech, for clean tech, battery materials, and renewables. HEG Greentech targets rapid growth in battery anodes, BESS, and renewables, supported by strong financials, R&D, and a seasoned management team.
HEG Advanced Materials Slides: Investor update
HEG Advanced Materials has posted slides in relation to its latest quarterly earnings report, which was published on January 19, 2026.
HEG Advanced Materials Transcript: Q2 25/26
Q2 FY2026 delivered strong revenue and profit growth driven by higher sales volumes and 90%+ utilization, despite flat prices and margin pressure from Chinese competition. Expansion and demerger plans are on track, with a bullish medium-term outlook as EAF demand rises.
HEG Advanced Materials Quarterly report: Q2 2026
HEG Advanced Materials has published its Q2 2026 quarterly earnings report on November 12, 2025.
HEG Advanced Materials Slides: Q2 2026
HEG Advanced Materials has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on November 12, 2025.