HEGNSEHEG Limited· ElectrodesMediumNeutral
Announced Fri, 1 May · 18:48 IST

HEG Limited has informed the Exchange about Investor Presentation

Mgmt Guided Margin ImprovementMgmt Guided Margin PressureOrder Pipeline DisclosedInvestor Communications View source PDF

HEG · price

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Price reaction · full curve 14 horizons · vs prior close
+2.5%1-day move
₹594.00
prior close
₹597.00
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AI summary

HEG Limited reported Q4 FY26 standalone loss of Rs 163 crore against a profit of Rs 141 crore in Q3, primarily due to Rs 126 crore negative EBITDA from fair valuation loss on GrafTech investment. Full year FY26 standalone revenue grew 19% to Rs 2,569 crore with PAT of Rs 181 crore versus Rs 101 crore in FY25, showing margin improvement with EBITDA margin rising from 17% to 19%. The company is the world's largest single-site graphite electrode plant, currently at 100,000 tons capacity, expanding to 115,000 tons by early 2028. Management flagged that rising geopolitical tensions are pushing up input costs, energy prices and ocean freights, putting margin pressure and necessitating price increases for graphite electrodes in coming quarters.

Likely market impact

Q4 loss raises near-term concerns but full year performance shows improved profitability and margin expansion. The planned capacity expansion and strong EAF demand pipeline (200,000 tons incremental demand expected by 2030) support long-term growth, while margin pressures from cost inflation and need for price hikes remain a key watch item for investors.