HEG Q1 PAT jumps 52% to Rs 109 cr, proposes name change to Advanced Materials

Emphasis Of MatterPat Growth 25pctResults View source PDF

HEG · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+6.7%1-day move

₹599.00

prior close

₹614.00

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-1.4+1.2+0.4+0.9+6.7+9.0+8.5———————

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AI summary

HEG posted Q1 FY27 standalone revenue of Rs 680.91 cr, up 11% YoY, with PAT at Rs 109.50 cr versus Rs 71.80 cr, up about 52% YoY. EPS rose to Rs 5.67 from Rs 3.72. Board also approved name change to HEG Advanced Materials Limited, conditional on the Composite Scheme of Arrangement. Auditor gave unmodified opinion on standalone; consolidated report carries emphasis of matter on associate Bhilwara Energy's subsidiaries with stalled hydro projects.

Likely market impact

Strong earnings boost sentiment; name change signals strategic shift to advanced materials, subject to NCLT scheme approval.