NSE HEG · BSE 509631 · Electronic Instr. & Controls · NIFTY 500

HEG Share Price

Market closed · NSE price as of Mon 28 Sep, 9:59 AM IST
₹241.75 ▼ −₹2.20 · 0.90%
Day range · 28 Sep
₹237.00Low₹247.40High
52-week range
₹171.09Low · 23 Mar 2026₹278.20High · 7 Sep 2026

HEG Overview

Where the price stands, how it has moved and how it sits against its averages.

HEG shares last traded at ₹241.75 on the NSE, down 0.90% on the day. That is 13.1% below the 52-week high of ₹278.20 and 41.3% above the 52-week low of ₹171.09. The stock trades at 13.00× earnings, below the sector average of 42.49. Its market value is ₹4,665 Cr.

Price returns

1 Day▼ −0.90%
1 Week0.00%
This month▼ −6.09%
3 Months▲ +31.61%
6 Months▲ +19.59%
This year▲ +9.71%
1 Year▲ +31.16%

Against the market: 1 Month ▼ −2.95% · 3 Months ▲ +37.31% · 6 Months ▲ +19.08% · This year ▲ +26.52% · 1 Year ▲ +44.06%

Shading grows with the size of the move. We ask our data provider for a newer price every 15 minutes while the market is open (9:15 AM–3:30 PM IST); next check from Mon 26 Oct, 9:15 AM. Its quotes are not real-time — the time at the top shows how current the price is.

Moving averages — price is above 2 of 6

  1. 50-day average₹565.03 ▼ price 57.2% below
  2. 100-day average₹561.20 ▼ price 56.9% below
  3. 300-day average₹560.07 ▼ price 56.8% below
  4. 20-day average₹407.91 ▼ price 40.7% below
  5. Today's price₹241.75
  6. 5-day average₹239.66 ▲ price 0.9% above
  7. 10-day average₹233.88 ▲ price 3.4% above

Each average is the mean closing price over that many trading days; averages above the current price sit higher on the ladder.

HEG Financial Results

Revenue and net profit in ₹ crore, with the full statements underneath.

Revenue₹ crore
2,569
Net profit₹ crore · losses below zero
−18
532
341

Year by year

Fiscal yearRevenueGrowthNet profitNet marginEPSDividend
FY 2026 ₹2,569 Cr ▲ +19.3% ₹341 Cr 13.3% ₹17.51 ₹3.40
FY 2025 ₹2,153 Cr ▼ −10.1% ₹115 Cr 5.3% ₹6.15 ₹1.80
FY 2024 ₹2,395 Cr ▼ −2.9% ₹312 Cr 13.0% ₹16.15 ₹4.50
FY 2023 ₹2,467 Cr ▲ +12.1% ₹532 Cr 21.6% ₹27.59 ₹8.50
FY 2022 ₹2,202 Cr ▲ +75.3% ₹431 Cr 19.6% ₹22.34 ₹8.00
FY 2021 ₹1,256 Cr — −₹18 Cr −1.4% −₹0.93 ₹0.60

Balance sheet — FY26

Owes (liabilities)Shareholders' equity
23%
77%
  • Total assets₹6,166 Cr
  • Total liabilities₹1,408 Cr
  • Shareholders' equity₹4,758 Cr
  • Total debt₹796 Cr
  • Cash & investments₹637 Cr
  • Current ratio2.21×
  • Revenue growth, 5 yr15.38% a year
  • Operating margin (TTM)8.88%
  • Net margin (TTM)13.50%

Cash flow — FY26

Operating activities
▲ ₹213 Cr
Investing activities
▼ −₹320 Cr
Financing activities
▲ ₹97 Cr
Free cash flow
▼ −₹39 Cr
Net change in cash
▼ −₹10 Cr

Right of the line = cash coming in, left = cash going out. Free cash flow = cash from operations minus capital spending.

Full financial statements, FY21–FY26
₹ croreFY21FY22FY23FY24FY25FY26
Total revenue1,256.232,201.612,467.242,394.902,152.712,568.50
Cost of revenue1,043.021,263.821,419.671,625.231,407.421,618.77
Gross profit213.21937.791,047.56769.68745.29949.74
Operating expenses1,381.431,749.541,949.372,185.672,010.812,361.82
Operating income−125.20452.07517.87209.23141.90206.69
Depreciation72.9678.91101.94174.31200.22212.89
Profit before tax−30.76560.46677.37395.38165.10404.38
Tax−5.46129.41144.9683.7046.5066.41
Net profit−17.94431.04532.41311.68115.06341.37
EPS (₹)−0.9322.3427.5916.156.1517.51
Dividend per share (₹)0.608.008.504.501.803.40

HEG vs Peers

Side by side with other electronic instr. & controls companies. The small bars compare each column.

CompanyPriceChangeMarket capP/EP/BROE (5 yr)Net marginDiv. yield
HEG This stock ₹241.75 ▼ −0.90% ₹4,665 Cr 13.00 0.98 8.17% 13.50% 1.41%
ABB India ₹6,968.05 ▼ −1.27% ₹1,47,459 Cr 95.20 20.30 22.90% 11.62% 0.52%
Hitachi Energy India ₹30,250.00 ▼ −2.69% ₹1,34,831 Cr 139.01 27.62 — 12.12% 0.02%
CG Power and Industrial Solutions ₹864.00 ▼ −2.47% ₹1,36,119 Cr 114.78 17.88 32.91% 9.64% 0.18%
Polycab India ₹8,195.00 ▼ −2.44% ₹1,23,492 Cr 49.98 11.11 22.25% 9.32% 0.53%
Siemens ₹3,798.90 ▼ −1.96% ₹1,35,287 Cr — 9.41 — 8.53% 0.33%

Peer prices and ratios as last reported by the data provider. Company names link to their own pages.

Shareholding Pattern

Who owns HEG shares, quarter by quarter (latest on top).

PromoterFIIMFOther
Jun '26
56.3%
27.7%
Mar '26
Dec '25
HolderDec '25Mar '26Jun '26Change
Promoter56.13%56.28%56.28% 0.00 pts
FII8.52%10.23%8.47% ▼ −1.76 pts
MF9.68%6.79%7.58% ▲ +0.79 pts
Other25.67%26.70%27.67% ▲ +0.97 pts

HEG Key Metrics

Each ratio placed against a benchmark — the sector average, the company's own 5-year average, or a common rule of thumb.

HEGBenchmarkRule-of-thumb bands

Valuation The price against earnings, book value and sales

P/E (TTM)Price ÷ yearly earnings per share
13.00
▼ 69% below the sector average of 42.49
P/E, 12-month rangeLow 2.38 · high 28.07
41%
Today's P/E sits 41% of the way from its low to its high
P/BPrice ÷ book value per share
0.98
P/SMarket cap ÷ last 12 months' revenue
1.77
P/CFPrice ÷ cash flow per share
14.27

Profitability Of every ₹100 of sales, how much is kept?

Gross marginKept after the cost of goods
59.64%
▲ above its 5-yr average of 37.76%
Operating marginKept after running costs
8.88%
▼ below its 5-yr average of 12.96%
Pre-tax marginKept before tax
16.79%
▼ below its 5-yr average of 18.69%
Net marginKept as profit
13.50%
▼ below its 5-yr average of 14.69%

Returns & efficiency How well does it use its money?

Return on equityProfit on shareholders' money
7.34%
▼ below its 5-yr average of 8.17%
Return on assetsProfit on everything it owns
5.72%
▼ below its 5-yr average of 6.28%
Return on investmentProfit on long-term capital
7.18%
▼ below its 5-yr average of 7.97%
Return on capital employedProfit before interest and tax on equity + debt
7.63%

Growth Is the business getting bigger?

Revenue — last 12 months
+19.8%
▲ growing
Revenue — 3 yr, a year
+1.4%
▲ growing
Revenue — 5 yr, a year
+15.4%
▲ growing
Net profit — 3 yr, a year
−13.8%
▼ shrinking
EPS — last 12 months
+77.5%
▲ growing (off the scale)
EPS — 3 yr, a year
−14.1%
▼ shrinking
Dividend — 3 yr, a year
−26.3%
▼ shrinking (off the scale)
Book value — 5 yr, a year
+6.4%
▲ growing

Financial strength Can it pay its bills and debts?

Debt to equityBorrowings for every ₹1 of shareholders' money
0.17×
✓ Low debt
Current ratioShort-term assets for every ₹1 due within a year
2.21×
✓ Comfortable
Quick ratioLike the current ratio, without inventory
1.34×
✓ Comfortable
Payout ratioShare of profit paid as dividend
19.42%
• Keeps most

Per share What each share stands for

EPS (TTM)
₹18.59
Book value
₹246.52
Cash flow
₹29.28
Dividend
₹3.40
Revenue
₹136.43

The share price is 0.98× the book value behind each share.

Benchmarks: sector averages and 5-year averages come from the data provider; the debt and liquidity bands are common rules of thumb, not investment advice.

All 104 metrics from the data provider

Valuation

P/E excluding extraordinary items, most recent fiscal year13.95
Current Dividend Yield - Common Stock Primary Issue, LTM1.39
Price to Book - most recent fiscal year0.99
P/E Basic excluding extraordinary items - TTM10.02
P/E including extraordinary items - TTM13.14
P/E excluding extraordinary items low, trailing 12 months2.38
Price to Tangible Book - most fiscal year1.69
Dividend Yield - 5 Year Average3.96
Price to sales - most recent fiscal year3.14
Dividend Yield - indicated annual dividend divided by closing price1.39
Price to Cash Flow per share - trailing 12 month14.27
P/E Normalized, most recent fiscal year14.88
P/E excluding extraordinary items high, trailing 12 months28.07
P/E excluding extraordinary items, most recent fiscal year quarter13.27
Price to sales - trailing 12 month3.06
Net Debt, LFY1,595.22

Per share

Dividend Per Share - 5 year average5.24
Cash Flow per share - trailing 12 month29.28
Cash Flow per share - most recent fiscal year28.55
EPS including extraordinary items - trailing 12 month18.59
EPS including extraordinary items - most recent fiscal year17.69
EBITD per share - trailing 12 month23.54
Revenue/share - trailing 12 month136.43
EPS excluding extraordinary items - trailing 12 month18.42
EPS Basic excluding extraordinary items - most recent fiscal year17.51
EPS Basic excluding extraordinary items - trailing 12 month18.42
Book value per share - most recent fiscal year246.55
Dividend per share - most recent fiscal year3.40
Revenue/share - most recent fiscal year133.10
EPS Normalized - most recent fiscal year16.42
Book value (tangible) per share - most recent fiscal year246.42
Dividends per share - trailing 12 month3.40
EPS excluding extraordinary items - most recent fiscal year17.51
Cash per share - most recent fiscal year32.98

Margins

Operating margin - trailing 12 month8.88
Gross Margin - 5 year average37.76
Operating margin - 1st historical fiscal year8.05
Operating Margin - 5 year average12.96
Net Profit Margin % - 1st historical fiscal year13.16
Gross Margin - 1st historical fiscal year36.98
Net Profit Margin % - trailing 12 month13.50
Net Profit Margin - 5 year average14.69
Pretax Margin - 5 year average18.69
Pretax margin - 1st historical fiscal year15.74
Pretax margin - trailing 12 month16.79
Free Operating Cash Flow/Revenue, 5 Year Average−8.65
Gross Margin - trailing 12 month59.64

Growth

EPS Change %, TTM over TTM77.48
Revenue growth rate, 5 year15.38
Revenue Change % - most recent quarter 1 year ago10.35
Growth rate% - dividend, 3 year−26.32
Growth rate% - EPS, 3 year−14.06
Revenue/share (5 yr growth)15.38
Tangible Book Value, Total Equity, 5 Year CAGR6.35
Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year Interim CAGR79.21
Capital Spending growth rate, 5 year−0.27
Revenue Change %, TTM over TTM19.75
Growth rate% - Revenue, 3 year1.35
Book value per share growth rate, 5 year6.36
EPS Change % - most recent quarter 1 year ago16.76
Total Debt, 5 Year CAGR21.71

Financial strength

Free Cash Flow - most recent fiscal year−761.57
LT debt/equity - most recent fiscal year0.00
Quick ratio - most recent fiscal year1.34
Payout ratio - trailing 12 month18.46
Current ratio - most recent fiscal year2.21
Current EV/Free Cash Flow, LFY31.43
Total debt/total equity - most recent fiscal year0.17
Payout ratio - most recent fiscal year19.41

Returns & efficiency

Return on average equity - 5 year average8.17
Net Income/employee - trailing 12 month30,25,408.00
Revenue/employee - most recent fiscal year2,24,51,960.00
Return on investment - most recent fiscal year7.18
Return on average assets - most recent fiscal year5.72
Receivables turnover - most recent fiscal year5.38
Inventory turnover - most recent fiscal year1.36
Revenue/employee - trailing 12 month2,24,03,100.00
Return on average assets - 5 year average6.28
Net Income/employee - most recent fiscal year29,54,331.00
Asset turnover - most recent fiscal year0.43
Return on average equity - most recent fiscal year7.34
Return on investment - 5 year average7.97

Price & volume

Market Cap4,668.13
52 week Low Date23 Mar 2026
Price - 1 Day % Change3.87
Relative (S&P500) price percent change - 13 week37.31
Avg trading volume last 10 days1.71
Price - 13 week price percent change31.61
Price - 52 week price percent change31.16
Avg Trading Volume Last 3 months46.35
Price - 5 Day % Change3.08
Price % Change Month To Date−6.09
Relative (S&P500) price percent change - 04 week−2.95
52 week High Date7 Sep 2026
Price - 26 week price percent change19.59
PDATE25 Sep 2026
Price - YTD price percent change9.71
Relative (S&P500) price percent change - 52 week44.06
NPRICE244.35
Relative (S&P500) price percent change - 26 week19.08
52 week Low168.09
52 week High273.00
Beta1.91
Relative (S&P500) price percent change - Year to Date26.52

Dividends & Corporate Events

Payouts to shareholders, splits and bonus issues, and company meetings — newest first.

Dividend per share₹ per share, by fiscal year
₹8.50
₹3.40
  • Dividend yield1.41%
  • Payout ratio19.42%
  • 5-year average dividend₹5.24 a share
  • Latest dividend₹3.40 per share · 22 Jul 2026

Corporate calendar

  • MeetingAnnual General Meeting
  • Dividend₹3.40 per share · 170% · Final dividend
  • BoardQuarterly Results
  • MeetingCOM
  • BoardAudited Results & Final Dividend
  • BoardQuarterly Results
  • BoardQuarterly Results
  • MeetingAnnual General Meeting
Show 13 older events
  • Dividend₹1.80 per share · 90% · Final dividend
  • BoardQuarterly Results
  • BoardAudited Results & Final Dividend
  • BoardQuarterly Results
  • MeetingPostal Ballot
  • BoardQuarterly Results
  • SplitStock split — face value ₹10 → ₹2
  • MeetingPostal Ballot
  • MeetingAnnual General Meeting
  • Dividend₹22.50 per share · 225% · Final dividend
  • Dividend₹42.50 per share · 425% · Final dividend
  • Dividend₹40.00 per share · 400% · Final dividend
  • Dividend₹3.00 per share · 30% · Final dividend

About HEG

Electronic Instr. & Controls

HEG Limited is an India-based manufacturer and exporter of graphite electrodes in India and operates a single-site integrated graphite electrodes plant. It also operates thermal and hydro power generation facilities with a total capacity of about 76.5 megawatts (MW). The Company's segments include Graphite electrodes and Power. The Graphite segment comprises the manufacturing of graphite electrodes and has facilities for production of graphite electrodes and graphite specialties. The Power Segment comprises of generation of power for sale. Also it comprised of two Thermal Power Plants having total capacity of 63 MW at Mandideep, Bhopal (Madhya Pradesh) and a Hydro Power Plant having capacity of 13.5 MW at Tawa Nagar, District Hoshangabad (Madhya Pradesh). Its wholly owned subsidiary, TACC Limited, HEG Graphite Limited, Bhilwara Infotechnology Limited.

Key people

  • Ravi JhunjhunwalaExecutive Chairman of the Board, Chief Executive Officer, Managing Director
  • Puneet AnandPresident and Group Chief Strategy Office
  • Ravi Kant TripathiChief Financial Officer
  • Vivek ChaudharyCompliance Officer, Company Secretary
  • Manish GulatiExecutive Director, Chief Sustainability Officer

Company facts

  • NSE symbolHEG
  • BSE code509631
  • ISININE545A01024
  • IndustryElectronic Instr. & Controls
  • IndexNIFTY 500
  • Market cap₹4,665 Cr
  • Revenue (FY26)₹2,569 Cr
  • Net profit (FY26)₹341 Cr

In the News

Recent headlines about HEG — they open on Mint in a new tab.

Stock data comes from the exchange feed via our data provider. It is not real-time and can be delayed, so check the price with your broker before you trade. This page is for information and education only. It is not investment advice, research or a recommendation to buy, sell or hold any security. Investments in the securities market are subject to market risks; read all related documents carefully before investing. See all stocks →

Frequently Asked Questions

HEG (NSE: HEG) last traded at ₹241.75 on the NSE, down 0.90% (₹2.20) on the day, as of 28 Sep 2026, 9:59 AM IST. On the BSE it was ₹241.90. The day's range was ₹237.00 – ₹247.40.

HEG's 52-week high is ₹278.20 (7 Sep 2026) and its 52-week low is ₹171.09 (23 Mar 2026). At ₹241.75 the share is 13.1% below its high and 41.3% above its low.

HEG's market capitalisation is ₹4,665 Cr (₹4,665 Cr). It is part of the NIFTY 500 index.

HEG's P/E ratio (trailing 12 months) is 13.00. The sector average is 42.49, so investors pay 69% less for each rupee of its earnings than for the average company in its sector. Its earnings per share (TTM) are ₹18.59.

HEG shares are up 31.16% over the last year, up 9.71% so far this year, up 19.59% over 6 months, up 31.61% over 3 months. Over the last year the stock did 44.06% better than the market.

In FY26 (year to Mar 2026), HEG reported revenue of ₹2,569 Cr (up 19.31% on the year before) and a net profit of ₹341 Cr. Earnings per share were ₹17.51.

Yes. HEG's latest dividend is ₹3.40 per share (170%, final dividend), with an ex-date of 22 Jul 2026. The dividend yield is 1.41%. It has paid 6 dividends in the records shown on this page.

As of Jun 2026: Promoter 56.28%, FII 8.47%, MF 7.58%, Other 27.67%.

HEG's listed peers in Electronic Instr. & Controls include ABB India, Hitachi Energy India, CG Power and Industrial Solutions, Polycab India, Siemens. By market capitalisation it ranks #6 of 6 in this group.

No. HEG has debt — its debt-to-equity ratio is 0.17 and total debt was ₹796 Cr in FY26.