HEG Advanced Materials Limited (NSE:HEGAM)

HEG Advanced Materials Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Assets

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Equivalents	13,228	405.88	507.63	1,371	332.88	410.35
Short-Term Investments	671.6	1,932	772.82	2,513	6,103	5,364
Trading Asset Securities	-	4,027	3,931	3,236	1,237	6,689
Cash & Short-Term Investments	13,900	6,365	5,211	7,120	7,673	12,463
Cash Growth	81.39%	22.14%	-26.81%	-7.21%	-38.44%	18.42%
Accounts Receivable	1,925	4,995	4,447	5,082	4,891	5,892
Other Receivables	3,966	1,313	913.97	221.15	416	940.1
Receivables	5,896	8,400	5,369	5,310	5,313	6,839
Inventory	1,005	11,337	12,546	11,942	14,401	9,778
Prepaid Expenses	-	98.8	108.19	145.25	162.68	144.23
Other Current Assets	398.1	2,732	1,331	1,782	974.43	845.62
Total Current Assets	21,199	28,934	24,566	26,298	28,525	30,070
Property, Plant & Equipment	19,406	20,040	20,006	20,198	18,272	14,511
Long-Term Investments	1,054	10,763	10,080	8,763	7,358	6,069
Goodwill	113.1	9.3	9.3	-	-	-
Other Intangible Assets	165	16.25	16.87	12.35	3.35	1
Other Long-Term Assets	1,777	1,390	1,795	1,733	2,754	2,420
Total Assets	44,360	61,658	56,482	57,014	56,920	53,079

Liabilities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Accounts Payable	3,441	4,008	3,993	4,253	4,120	4,479
Accrued Expenses	-	365.22	307.01	257.3	428.16	392.94
Short-Term Debt	951	7,933	5,849	6,194	7,409	6,634
Current Portion of Leases	11.9	1.37	5.87	6.36	2.82	4.96
Current Income Taxes Payable	643.3	125.74	142.09	117.2	144.26	79.23
Other Current Liabilities	1,399	667.29	558.41	848.03	1,057	1,281
Total Current Liabilities	6,446	13,100	10,855	11,676	13,161	12,871
Long-Term Debt	10,359	-	-	-	-	-
Long-Term Leases	29.2	25.99	22.28	26.62	13.81	7.83
Pension & Post-Retirement Benefits	-	3.07	12.19	-	-	-
Long-Term Deferred Tax Liabilities	2,240	829.34	949.35	960.37	867.97	962.92
Other Long-Term Liabilities	188.3	119.74	105.26	91.63	67.54	101.46
Total Liabilities	19,263	14,078	11,944	12,754	14,110	13,943

Shareholders' Equity

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Common Stock	659.6	385.96	385.96	385.96	385.96	385.96
Retained Earnings	-	45,946	42,905	42,627	41,148	37,475
Comprehensive Income & Other	24,395	1,247	1,247	1,247	1,276	1,276
Shareholders' Equity	25,098	47,579	44,538	44,259	42,809	39,136
Total Liabilities & Equity	44,360	61,658	56,482	57,014	56,920	53,079

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Total Debt	11,351	7,960	5,877	6,227	7,426	6,647
Net Cash (Debt)	2,549	-1,595	-665.56	892.94	247.23	5,816
Net Cash Growth	109.17%	-	-	261.18%	-95.75%	-22.90%
Net Cash Per Share	10.78	-8.27	-3.45	4.63	1.28	30.14
Filing Date Shares Outstanding	315.17	192.98	192.98	192.98	192.98	192.98
Total Common Shares Outstanding	315.17	192.98	192.98	192.98	192.98	192.98
Working Capital	14,753	15,833	13,711	14,623	15,364	17,199
Book Value Per Share	79.49	246.55	230.79	229.35	221.84	202.80
Tangible Book Value	24,776	47,554	44,512	44,247	42,806	39,135
Tangible Book Value Per Share	78.61	246.42	230.66	229.29	221.82	202.80
Land	-	31.78	31.78	31.78	31.78	31.78
Buildings	-	6,550	6,394	5,863	4,299	2,766
Machinery	-	27,713	27,443	25,062	20,795	15,412
Construction In Progress	-	2,236	708.88	2,123	4,720	6,961

Data Source: S&P Global Market Intelligence Last updated: Nov 3, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 9, 2026

Data Sources Report a data error