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

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HEG · price

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Price reactionminutes from the announcement price · days from the prior close

-9.8%Reaction day

₹658.75

prior close

₹608.40

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.4%-9.4% vs market

Electrodes & Refractories peers, median of 10sector+0.4%-10.2% vs sector

On the reaction day the stock moved 9.4 pts less than Nifty Smallcap 250 and 10.2 pts less than its Electrodes & Refractories peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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-2.5

15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-9.8-0.4-9.4+0.4-10.2

Next day

-6.2+0.5-6.7+1.5-7.7

-7.6+0.7-8.3+0.7-8.3

-10.0+2.6-12.6+1.6-11.6

-9.2+3.6-12.8+1.3-10.5

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-11.6-0.4-11.2-2.4-9.2

15d

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UpDownMarket · Nifty Smallcap 250Sector · Electrodes & Refractories peers, median of 10Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

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.