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

Emphasis Of MatterPat Growth 25pctResults View source PDF Explain this filing

HEG · price

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Price reactionminutes from the announcement price · days from the prior close

+3.9%Reaction day

₹599.00

prior close

₹614.00

announcement price

After-mkt

timing

Nifty Smallcap 250market-1.2%+5.1% vs market

Electrodes & Refractories peers, median of 10sector-0.2%+4.1% vs sector

On the reaction day the stock moved 5.1 pts more than Nifty Smallcap 250 and 4.1 pts more than its Electrodes & Refractories peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.4

10m

+1.2

15m

+0.4

30m

+0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.9-1.2+5.1-0.2+4.1

Next day

+6.7-1.5+8.1-0.7+7.4

+9.0-0.2+9.2-0.2+9.2

+8.5-0.7+9.2-0.0+8.5

+12.3+0.6+11.7-0.2+12.5

+10.1-0.1+10.2-0.7+10.8

+11.2+1.7+9.5+1.8+9.3

15d

+14.6+2.8+11.8+2.1+12.5

+20.5+2.9+17.6+5.0+15.4

-60.2+3.1-63.2-2.8-57.4

-66.6-8.3-58.3-8.4-58.3

UpDownMarket · Nifty Smallcap 250Sector · Electrodes & Refractories peers, median of 10Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

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.