HEGNSEHEG Limited· ElectrodesHighPositive
Announced Wed, 29 Apr · 18:14 IST

HEG board recommends Rs. 3.40 final dividend; FY26 profit rises 67%

Corporate Actions View source PDF

HEG · price

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Price reaction · full curve 14 horizons · vs prior close
-6.2%1-day move
₹658.75
prior close
₹608.40
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2-2.5-2.5-2.2-6.2-7.6-10.0-9.2-9.5-11.6-10.9-15.0-21.5
Up moveDown movePending
AI summary

Board of HEG Limited recommended final dividend of Rs. 3.40 per share (face value Rs. 2) for FY26, subject to shareholder approval. Standalone FY26 revenue rose to Rs. 2,568.50 cr from Rs. 2,152.71 cr, with PAT jumping to Rs. 246.40 cr from Rs. 147.42 cr. Board also approved creating security (pledge of 51% TACC shares) for Rs. 1,239 cr SBI credit facility to wholly owned subsidiary TACC Limited. Auditors gave unmodified opinion.

Likely market impact

Higher dividend and strong profit growth are positive for shareholders. Subsidiary-level debt of Rs. 1,239 cr worth monitoring.