HEG Limited has informed the Exchange about Transcript
HEG · price
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HEG Limited reported FY26 revenue of INR 2,569 crores (up 20% YoY) with EBITDA of INR 497 crores and net profit of INR 181 crores. Q4 however reported a loss of INR 189 crores due to unrealized losses on foreign investments and 5% rupee depreciation during the quarter. Operating margins remained stable with over 90% capacity utilization. The company has completed expansion to 100,000 tons and is targeting 115,000 tons by early 2028. Management flagged cost pressures from Middle East logistics disruptions (affecting ~20% of sales) and rising needle coke/freight costs, with needle coke coverage secured until September 2026. They are actively pursuing price increases for uncommitted volumes to offset cost inflation. The company remains debt-free with INR 792 crores in treasury.
Strong full-year performance despite Q4 loss from one-time FX/investment losses. Near-term margin pressure from cost inflation and logistics disruption, but price increases and structural demand growth from EAF expansion should support profitability. Long-term outlook remains positive given capacity expansion and industry tailwinds.