HEG Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
HEG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
HEG Limited submitted its unaudited financial results for Q1 FY26 (quarter ended June 30, 2025) along with approval for a major capacity expansion. Standalone revenue from operations rose about 7% year-on-year to Rs. 612.78 crore (vs Rs. 571.46 crore), but profit after tax jumped sharply to Rs. 71.80 crore from just Rs. 2.58 crore in the year-ago quarter, supported by a Rs. 23.25 crore mark-to-market gain on its Graftech International investment (vs a Rs. 35.61 crore loss last year). Consolidated PAT was Rs. 104.77 crore. The Board approved adding 15,000 tonnes per annum of graphite electrode capacity (~15% of existing 1,00,000 TPA) over 30 months at an investment of approximately Rs. 650 crore, to be funded through internal accruals and debt, citing structural industry changes boosting demand. The auditor issued an unmodified conclusion but flagged emphasis-of-matter and going-concern issues at the associate level (Bhilwara Energy's subsidiaries NJC Hydro Power and Chango Yangthang Hydro Power).
The dramatic jump in profitability signals a strong recovery for shareholders, while the Rs. 650 crore capex plan signals management confidence in long-term electrode demand and could drive future growth — though it may stretch the balance sheet with debt funding. The going-concern and litigation issues at the associate company are not core to HEG's graphite business but warrant monitoring.