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HEG share price

HEG Ltd.

NSE: HEG BSE: 509631 SECTOR: Electrodes & Welding Equipment  160k   553   72

504.15
-0.65 (-0.13%)
BSE: 13 Jun 04:01 PM

Price Summary

Today's High

₹ 508.55

Today's Low

₹ 492.95

52 Week High

₹ 619.25

52 Week Low

₹ 332.2

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

9728.96 Cr.

Enterprise Value

9965 Cr.

No. of Shares

19.3 Cr.

P/E

96.03

P/B

2.34

Face Value

₹ 2

Div. Yield

0.36 %

Book Value (TTM)

₹  215.54

CASH

383.34 Cr.

DEBT

619.38 Cr.

Promoter Holding

55.78 %

EPS (TTM)

₹  5.25

Sales Growth

-2.93%

ROE

5.63 %

ROCE

7.33%

Profit Growth

-49.17 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year-2.93%
3 Year24%
5 Year-18.33%

Profit Growth

1 Year-49.17%
3 Year123.42%
5 Year-40.29%

ROE%

1 Year5.63%
3 Year9.37%
5 Year5.77%

ROCE %

1 Year7.33%
3 Year11.28%
5 Year6.98%

Debt/Equity

0.1494

Price to Cash Flow

15.82

Interest Cover Ratio

9.8207

CFO/PAT (5 Yr. Avg.)

1.84788041179418

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2025 55.78 0.00
Dec 2024 55.78 0.00
Sep 2024 55.78 0.00
Jun 2024 55.78 0.00
Mar 2024 55.78 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good revenue growth of 23.995390994981% for the Past 3 years.
  • Company has a healthy Interest coverage ratio of 9.8207.
  • Company has a healthy liquidity position with current ratio of 2.231.
  • The company has a good cash flow management; CFO/PAT stands at 1.84788041179418.
  • The company has a high promoter holding of 55.78%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 18.0110556502026.

 Limitations

 Looks like the company does not have any serious limitations.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
Net Sales 546.9 571.46 567.6 477.07 536.58
Total Expenditure 503.53 532.67 470.79 396.69 585.25
Operating Profit 43.37 38.79 96.81 80.38 -48.67
Other Income 64.31 20.44 42.95 113.23 43.63
Interest 8.63 8.47 9.34 9.38 12.01
Depreciation 50.44 47.5 47.94 50.55 54.55
Exceptional Items 0 0 0 0 0
Profit Before Tax 48.61 3.26 82.48 133.68 -71.6
Tax 13.46 0.68 20.39 35.36 -9.92
Profit After Tax 35.15 2.58 62.09 98.32 -61.68
Adjusted EPS (Rs) 1.82 0.13 0.64 5.09 -3.2

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 2149.02 1256.23 2201.61 2467.24 2394.9
Total Expenditure 2154.85 1315.41 1674.39 1847.59 2010.94
Operating Profit -5.83 -59.18 527.23 619.65 383.96
Other Income 143.76 112.91 79.55 109.14 141.67
Interest 36.51 11.37 7.49 26.01 35.74
Depreciation 72.13 73.12 79.29 102.3 174.65
Exceptional Items 0 0 0 0 0
Profit Before Tax 29.29 -30.76 520 600.48 315.24
Tax -24.08 -5.46 129.41 144.96 83.7
Net Profit 53.37 -25.3 390.58 455.51 231.54
Adjusted EPS (Rs.) 2.77 -1.31 20.24 23.6 12

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 38.6 38.6 38.6 38.6 38.6
Total Reserves 3384.28 3360.04 3738.12 4038.63 4106.49
Borrowings 0 0 0 0 0
Other N/C liabilities 110.12 105.06 107.22 94.93 106.39
Current liabilities 816.51 644.03 1415 1316 1165.39
Total Liabilities 4349.51 4147.72 5298.93 5488.15 5416.86
Assets
Net Block 741.28 690.8 755.17 1355.5 1775.58
Capital WIP 100.61 373.27 696.08 472.01 194.4
Intangible WIP 0 0 0 0 0
Investments 1139.38 702.15 365.07 540.61 672.5
Loans & Advances 305.86 283.57 232.34 266.26 165.36
Other N/C Assets 3.51 24.31 115.33 10.14 9.03
Current Assets 2058.88 2073.63 3134.94 2843.63 2599.99
Total Assets 4349.51 4147.72 5298.93 5488.15 5416.86
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 29.29 -30.76 520 600.48 315.24
Adjustment -30.63 0.47 22.38 52.03 101.13
Changes in Assets & Liabilities 843.81 748.56 -554.83 -390.01 233.91
Tax Paid -103.76 -2.49 -128.15 -148.01 -35.43
Operating Cash Flow 738.71 715.79 -140.61 114.48 614.85
Investing Cash Flow -275.45 -417.4 -183.36 -31.11 -205.02
Financing Cash Flow -459.62 -309.82 343.63 -99.95 -324.12
Net Cash Flow 3.64 -11.43 19.66 -16.58 85.7

Corporate Actions

Investors Details

PARTICULARS Mar 2024% Jun 2024% Sep 2024% Dec 2024% Mar 2025%
promoters 55.78 55.78 55.78 55.78 55.78
microlight investments lt... 12.09 12.09 12.09 12.09 12.09
norbury investments limit... 13.90 13.90 13.90 13.90 13.90
redrose vanijya llp - - - - 28.95
rswm limited - - - - 0.82
bharat investments growth... 7.09 7.09 7.09 7.09 -
dreamon commercial privat... 0.82 0.82 0.82 0.82 -
giltedged industrial secu... 2.30 2.30 2.30 2.30 -
india texfab marketing lt... 0.54 0.54 0.54 0.54 -
investors india ltd. 0.09 0.09 0.09 0.09 -
jet (india) pvt. ltd. 2.61 2.61 2.61 2.61 -
lnj financial services lt... 4.27 4.27 4.27 4.27 -
m.l. finlease pvt. ltd. 0.90 0.90 0.90 0.90 -
purvi vanijya niyojan ltd... 4.84 4.84 4.84 4.84 -
raghav commercial ltd. 3.75 3.75 3.75 3.75 -
rswm ltd. 0.82 0.82 0.82 0.82 -
shashi commercial co. ltd... 1.75 1.75 1.75 1.75 -
PARTICULARS Mar 2024% Jun 2024% Sep 2024% Dec 2024% Mar 2025%
investors 44.22 44.22 44.22 44.22 44.22
al mehwar commercial inve... 1.30 1.30 1.30 1.28 1.28
bank of india elss tax sa... - 1.03 1.01 1.28 1.29
investor education and pr... - - 0.64 - 0.64
lici asm non par 2.05 1.66 1.09 1.09 1.09
mekima corporation 3.26 3.13 3.13 3.03 3.03
sbi energy opportunities ... 1.13 2.73 7.97 7.53 7.11
investor education and pr... 0.64 0.64 - 0.64 -
quant mutual fund - quant... - 5.20 - - -
quant mutual fund - quant... 3.66 - - - -

Annual Reports

Title Action
Annual Report 2023
Annual Report 2022
Annual Report 2021
Annual Report 2020
Annual Report 2019
Annual Report 2018
Annual Report 2017

Ratings & Research Reports

TYPE AGENCY ACTION
Credit FITCH
Credit INDIA RATINGS & RESEARCH
Credit INDIA RATINGS & RESEARCH
Credit FITCH
TYPE AGENCY ACTION
Research ICICI Securities Limited

Concalls & Presentations

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Concall Q1FY20
TYPE QUARTER ACTION
Presentation Q4FY25
Presentation Q4FY23
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Presentation Q4FY20
Presentation Q3FY24
Presentation Q3FY23
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Presentation Q2FY24
Presentation Q2FY23
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Presentation Q1FY25
Presentation Q1FY21
Presentation Q1FY20

Company News

HEG Stock Price Analysis and Quick Research Report. Is HEG an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse HEG . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). HEG has a PE ratio of 95.9179397310374 which is high and comparatively overvalued .

  • Share Price: - The current share price of HEG is Rs 503.55. One can use valuation calculators of ticker to know if HEG share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. HEG has ROA of 4.2465 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. HEG has a Current ratio of 2.231 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. HEG has a ROE of 5.6321 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. HEG has a Debt to Equity ratio of 0.1494 which means that the company has low proportion of debt in its capital.

  • Sales growth: - HEG has reported revenue growth of -2.9318 % which is poor in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of HEG for the current financial year is 16.0323947903373 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for HEG is Rs 22.5 and the yield is 0.357 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of HEG is Rs 5.2498 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of HEG in Ticker for free. Also, one can get the intrinsic value of HEG by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about HEG
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