HEG Limited has informed the Exchange about General Updates
HEG · price
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HEG Limited's Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, with the auditor issuing an unmodified opinion. Standalone revenue from operations rose to Rs. 2,568.50 crore (from Rs. 2,152.71 crore), while standalone profit after tax jumped to Rs. 246.40 crore (from Rs. 147.42 crore), a growth of about 67%. The Board recommended a final dividend of Rs. 3.40 per equity share on a face value of Rs. 2, subject to shareholder approval. It also approved creation of security (pledge of 51% equity shares of TACC Limited, a wholly owned subsidiary) for credit facilities of up to Rs. 1,239 crore from SBI. Cost, internal, and tax auditors were re-appointed. The consolidated auditor's report carries an Emphasis of Matter regarding two subsidiaries of associate Bhilwara Energy Limited (CYHPL and NHPL), where projects were surrendered or put on hold and refunds are being pursued.
Strong profit growth and the dividend declaration are positive for shareholders, while the large credit facility for subsidiary TACC signals meaningful capacity expansion. The Emphasis of Matter on the associate's stalled projects is a legacy issue and does not affect HEG's own standalone financials.