Hindustan Electro Graphite Limited
Fundamental Score
Hindustan Electro Graphite Limited Share Price Live NSE/BSE
Profitability Metrics
Return on Equity
Return on Capital Employed
Operating Profit Margin (5Y)
Dividend Yield
Valuation Metrics
Price to Earnings
Market Capitalization
Industry P/E
Growth Metrics
YoY Quarterly Profit Growth
YoY Quarterly Sales Growth
Sales Growth (5Y)
EPS Growth (5Y)
Profit Growth (5Y)
Financial Health
Debt to Equity
Interest Coverage
Free Cash Flow (5Y)
Ownership Structure
Promoter Holding
FII Holding
DII Holding
Pledged Percentage
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Market Data Analysis & Educational Insights
Educational evaluation of HEG across key market metrics for learning purposes.
Positive Indicators
9 factors identified
Strong Operating Margins (16.56%)
Observation: Healthy 5-year operating margins indicate pricing power and cost control.
Analysis: OPM >15% suggests operational efficiency and competitive advantages. This indicates sustainable profitability potential.
Robust Profit Growth (74.20%)
Observation: Strong year-over-year profit expansion demonstrates business momentum.
Analysis: Profit growth >20% indicates effective execution and market opportunity capture. This suggests positive business trajectory.
Strong Revenue Growth (23.19%)
Observation: Healthy sales growth indicates market demand and execution capability.
Analysis: Revenue growth >15% suggests strong market position and growth potential. This indicates business expansion success.
Excellent EPS Growth (92.29% CAGR)
Observation: Outstanding 5-year earnings per share compound growth.
Analysis: EPS CAGR >15% indicates strong wealth creation potential and effective capital allocation over extended periods.
Strong Profit Growth Track Record (92.28% CAGR)
Observation: Consistent 5-year profit compound annual growth rate.
Analysis: Profit CAGR >15% demonstrates scalable business model and effective operational leverage over time.
Conservative Debt Levels (D/E: 0.14)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns and flexibility for growth investments.
Strong Interest Coverage (9.75x)
Observation: Earnings comfortably cover interest obligations.
Analysis: Interest coverage >5x indicates low financial distress risk and strong debt servicing capability.
Balanced Promoter Holding (55.78%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment while ensuring adequate liquidity.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral, reducing forced-selling risk.
Analysis: Absence of share pledging eliminates potential forced-selling pressure during market stress.
Risk Factors
6 factors identified
Below-Average Return on Equity (2.59%)
Observation: Returns on equity are below industry benchmarks.
Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.
Suboptimal ROCE (3.96%)
Observation: Returns on capital employed are below expectations.
Analysis: ROCE <10% suggests potential inefficiencies in capital allocation. Review business model and competitive positioning.
Limited Growth History (0.12% CAGR)
Observation: Below-average 5-year sales growth trajectory.
Analysis: Low sales CAGR may indicate mature markets or limited growth opportunities. Assess future growth catalysts.
Negative Free Cash Flow (₹-56.31 Cr over 5Y)
Observation: Cash outflows exceed inflows, indicating capital intensity or working capital issues.
Analysis: Negative FCF requires analysis of capital expenditure cycle and working capital management efficiency.
Very Low ROE
Observation: Poor capital utilization and shareholder returns.
Analysis: ROE below 5% suggests significant inefficiencies in capital deployment.
High P/E Ratio
Observation: Stock may be overvalued relative to earnings.
Analysis: P/E above 30 requires strong growth execution to justify current valuations.
Financial Statements
Comprehensive financial data for Hindustan Electro Graphite Limited
About HEG
Business Overview
HEG Limited manufactures and sells graphite electrodes in India and internationally. The company operates through two segments, Graphite Electrodes and Power Generation segments. It provides ultra-high power and high power electrodes; graphite electrodes and nipples; blocks and rounds; graphite and carbon specialties; mini-rods; flux and heat exchanger tubes; custom machined components; and activated carbon fabric products. The company operates thermal power plants and a hydroelectric power facility. HEG Limited was incorporated in 1972 and is headquartered in Noida, India.
Company Details
Key Leadership
Corporate Events
Latest News
HEG Stock Details & Analysis
Key Financial Metrics
Growth & Valuation
Frequently Asked Questions
What is the current price of Hindustan Electro Graphite Limited (HEG)?
As of 29 Jan 2026, 10:32 am IST, Hindustan Electro Graphite Limited (HEG) is currently trading at ₹570.40. The stock has a market capitalization of ₹10.08K (Cr).
Is HEG share price Overvalued or Undervalued?
HEG is currently trading at a P/E ratio of 39.07x, compared to the industry average of 39.96x. Based on this relative valuation, the stock appears to be Undervalued against its sector peers.
What factors affect the Hindustan Electro Graphite Limited share price?
Key factors influencing HEG's price include its quarterly earnings growth (Sales Growth: 23.19%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).
Is Hindustan Electro Graphite Limited a good stock for long-term investment?
Hindustan Electro Graphite Limited shows a 5-year Profit Growth of 92.28% and an ROE of 2.59%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.14 before investing.
How does Hindustan Electro Graphite Limited compare with its industry peers?
Hindustan Electro Graphite Limited competes with major peers in the Electrodes & Refractories. Investors should compare HEG's P/E of 39.07x and ROE of 2.59% against the industry averages to determine its competitive standing.
What is the P/E ratio of HEG and what does it mean?
HEG has a P/E ratio of 39.07x compared to the industry average of 39.96x. The Price-to-Earnings (P/E) ratio is calculated by dividing the current share price by earnings per share (EPS). This means investors are paying ₹39 for every ₹1 of annual earnings.
How is HEG performing according to Bull Run's analysis?
HEG has a Bull Run fundamental score of 55.6/100, which indicates moderate strength with some areas for improvement. This comprehensive rating is based on 15+ financial parameters including profitability, growth metrics, and valuation ratios.
What sector and industry does HEG belong to?
HEG operates in the Electrodes & Refractories industry. This classification helps understand the competitive landscape and sector-specific trends affecting Hindustan Electro Graphite Limited.
What is Return on Equity (ROE) and why is it important for HEG?
HEG has an ROE of 2.59%, which suggests challenges in generating returns from shareholders' equity. Return on Equity measures how efficiently Hindustan Electro Graphite Limited generates profits from shareholders' equity.
How is HEG's debt-to-equity ratio and what does it indicate?
HEG has a debt-to-equity ratio of 0.14, which indicates conservative financing with low financial risk. A ratio below 1.0 generally indicates conservative financing.
What is HEG's dividend yield and is it a good dividend stock?
HEG offers a dividend yield of 0.34%, which means you receive ₹0.34 annual dividend for every ₹100 invested.
How has HEG grown over the past 5 years?
HEG has achieved 5-year growth rates of: Sales Growth 0.12%, Profit Growth 92.28%, and EPS Growth 92.29%.
What is the promoter holding in HEG and why does it matter?
Promoters hold 55.78% of HEG shares, with 0.00% of promoter shares pledged. High promoter holding often indicates strong management confidence.
What is HEG's market capitalization category?
HEG has a market capitalization of ₹10076 crores, placing it in the Mid-cap category.
How volatile is HEG stock?
HEG has a beta of N/A. A beta > 1 suggests the stock is more volatile than the market, while a beta < 1 suggests it is less volatile.
What is the 52-week high and low for HEG?
HEG has a 52-week high of ₹N/A and low of ₹N/A.
What is HEG's operating profit margin trend?
HEG has a 5-year average Operating Profit Margin (OPM) of 16.56%, indicating the company's operational efficiency.
How is HEG's quarterly performance?
Recent quarterly performance shows YoY Sales Growth of 23.19% and YoY Profit Growth of 74.20%.
What is the institutional holding pattern in HEG?
HEG has FII holding of 7.97% and DII holding of 11.99%. Significant institutional holding often suggests professional confidence in the stock.