HEG Limited

Capital Goods · Industrial Products

NSE: HEG BSE: 509631
₹237.65
▼ -0.60 (-0.25%)
Sept. 30, 2026 · NSE · nse_bhavcopy
Quality
75/100
Strong
Valuation
78/100
Undervalued
Momentum
41/100
Neutral

QVM read Quality at a discount Quality Strong, Valuation Undervalued, Momentum Neutral

Tradinity's own scoring, not a copy of any third party's -- see the Key Metrics section for the real ratios behind each number.

Key Metrics

Market Capitalization
₹4,586 Cr
PE (TTM)
21.0
Industry median 24.4 (265 companies)
Price to Book
1.0
PEG (TTM)
Data unavailable (needs 8 quarters of EPS).
Institutions holding %
17.73%
FII + DII, latest filed period
Piotroski Score
7
Relative return vs Nifty50, qtr %
-50.8
Relative return vs Sector, qtr %
-47.3
Free Cash Flow
₹-39 Cr
as of March 31, 2026
Industry median ₹-0 Cr (379 companies)
EPS Growth (YoY)
52.42%
as of June 30, 2026
Industry median 18.18% (314 companies)
Net Profit Growth (TTM)
164.20%
as of June 30, 2026
Industry median 12.01% (310 companies)
Operating Revenue Growth (TTM)
15.22%
as of June 30, 2026
Industry median 8.28% (307 companies)
Profit Growth (YoY)
52.51%
as of June 30, 2026
Industry median 15.23% (307 companies)
Revenue Growth (YoY)
11.12%
as of June 30, 2026
Industry median 16.28% (288 companies)
Current Ratio
2.21
as of March 31, 2026
Industry median 2.00 (375 companies)
Debt to Equity
0.17
as of March 31, 2026
Industry median 0.15 (334 companies)
Interest Coverage
8.84
as of June 30, 2026
Industry median 6.34 (319 companies)
Net Margin
16.08%
as of June 30, 2026
Industry median 5.55% (300 companies)
Operating Margin (EBIT)
23.76%
as of June 30, 2026
Industry median 9.14% (306 companies)
Operating Margin (TTM)
13.08%
as of June 30, 2026
Industry median 8.26% (317 companies)
Return on Assets
5.54%
as of March 31, 2026
Industry median 4.65% (315 companies)
Return on Capital Employed
6.71%
as of March 31, 2026
Industry median 11.69% (315 companies)
Return on Equity
7.17%
as of March 31, 2026
Industry median 8.58% (315 companies)

Investment checklist

Tradinity's own yes/no questions with the rule stated beside each. “Items without enough data are left out, never counted as a No, and the totals count only answered questions. A summary of numbers on this page, not advice.

Financials

5 of 7 met
  • Yes Revenue is higher than a year earlier in each of the last 4 quarters
  • Yes Quality score is Strong (70 or more)
  • Yes Piotroski F-score is 7 or more (score 7)
  • Yes Debt to equity is below 0.5 (0.17)
  • No Return on equity is 15% or more (7.2%)
  • No Net cash flow for the latest year is positive
  • Yes Cash from operations is higher than the year before

Ownership

4 of 4 met
  • Yes FII/FPI or DII holding rose in the latest quarter
  • Yes Promoter holding rose or was unchanged in the latest quarter
  • Yes Promoter pledge is 5% of their holding or less and not rising (0.0% pledged)
  • Yes Insiders have not sold in the past 3 months (no open-market sale filed in the last 3 months)

Peer comparison

1 of 3 met
  • No 1-year return beats the industry median
  • No Revenue growth beats the industry median
  • Yes Profit growth beats the industry median

Value and momentum

2 of 6 met
  • Yes Price sits in the Buy zone of its own historical PE range (Undervalued (below its own historical PE range))
  • Yes Valuation score is Undervalued (70 or more)
  • No Momentum score is Bullish (70 or more)
  • No Price is above the 5, 10 and 20 day averages
  • No Price is above the 50, 100 and 200 day averages
  • No Latest candle has a bullish shape (hammer, dragonfly doji, white marubozu)

Price

Download CSV

PE/EPS use each quarter's real filed EPS only from 45 days after quarter-end (no look-ahead) against the raw close of the day. Price-to-book isn't a mode here: the feed has no dated share count, so there's no real history to chart.

RSI (14) (same adjusted close series as the price chart above)

MACD (12, 26, 9) (same adjusted close series as the price chart above)

Relative Returns (vs NIFTY 50)

Prices adjusted for splits and bonuses. * = a corporate action affecting this date could not be parsed and is not reflected.

Price range

Day return
-0.3%
Low 232.0000 · High 250.3000
1W return
0.1%
Low 231.7000 · High 251.9500
1M return
-67.4%
Low 214.1000 · High 753.9000
52W return
-53.7%
Low 214.1000 · High 753.9000
Lifetime High ₹4746.5000 (Oct. 16, 2018)
Lifetime Low ₹13.1000 (Dec. 15, 1997)

Full price history and technicals →

EMA & SMA

Bullish0
Bearish6
5D
239.0
10D
254.2
20D
324.1
50D
453.8
100D
513.5
200D
555.1

Delivery and volume

Day avg. delivery
38.0%
Week avg. delivery
35.6%
Month avg. delivery
45.3%

Week = 5 sessions, Month = 22 sessions ending the latest trading day — the same combined NSE+BSE delivery data as the table below, just summed.

Resistance and support

239.98
Pivot
First resistance247.97
Second resistance258.28
Third resistance266.27
First support229.67
Second support221.68
Third support211.37
Day RSI22.7
Day MFI46.1
Day MACD-96.21
Day MACD signal-103.70

Beta

1M3.94
3M2.26
1Y1.27
3Y1.23

Price change analysis

↓ -67.4%
Over 1 Month
LowHigh
214.10753.90
↓ -54.5%
Over 3 Months
LowHigh
214.10753.90
↓ -57.9%
Over 6 Months
LowHigh
214.10753.90
↓ -53.7%
Over 1 Year
LowHigh
214.10753.90
Legend Positive indicator Neutral indicator Negative indicator

Buy/Sell Zone

View Buy/Sell Zone →
Current PE 21.0 (own history: 30.7–109.7)
Undervalued (below its own historical PE range)
Revenue (June 30, 2026)
₹681 Cr
Net profit (June 30, 2026)
₹110 Cr
Basic EPS (June 30, 2026)
₹5.6700

Ranks #61 of 335 in Industrial Products by market cap -- full peer table on the Financials page.

Shareholding pattern / Ownership

Shareholding summary

Jun 2026
  • Promoter56.28%
  • Mutual funds7.58%
  • FII/FPI8.47%
  • Other DII1.68%
  • Public25.99%

Largest holders

NameCategoryShares %Shares
REDROSE VANIJYA LLPPromoter29.4600%56842775
NORBURY INVESTMENTS LIMITEDPromoter13.9000%26814955
MICROLIGHT INVESTMENTS LTD.Promoter12.0900%23327895
SBI ENERGY OPPORTUNITIES FUNDPublic3.4200%6605252
MEKIMA CORPORATIONPublic2.2900%4411586

As of June 30, 2026. Only holders the filing discloses individually.

Historical promoter holding

Promoters holdings were unchanged at 56.28% in Jun 2026 qtr

Historical fii holding

FII/FPI holdings decreased from 10.24% to 8.47% in Jun 2026 qtr

Historical mutual fund holding

Mutual funds holdings increased from 6.79% to 7.58% in Jun 2026 qtr

14 mutual fund schemes also hold this stock.

All shareholding details →

Latest insider trades

FiledPersonCategoryTypeQuantityValue
13 Mar 2026 Redrose Vanijya LLP Promoter group Buy 0 ₹0
19 Feb 2026 Nivedan Churiwal Promoter group Sell 0 ₹0
19 Feb 2026 Shubha Churiwal Promoter group Sell 0 ₹0
19 Feb 2026 Sudha Churiwal Promoter group Sell 0 ₹0
18 Feb 2026 Redrose Vanijya LLP Promoter group Buy 0 ₹0
18 Feb 2026 Redrose Vanijya LLP Promoter group Buy 0 ₹0
17 Jan 2026 Shubha Churiwal Promoter group Buy 0 ₹0
17 Jan 2026 Sudha Churiwal Promoter group Buy 0 ₹0
17 Jan 2026 Nivedan Churiwal Promoter group Sell 0 ₹0
17 Jan 2026 Nivedan Churiwal Promoter group Buy 0 ₹0

All insider and SAST disclosures →

DateClientDealActionQuantityPriceExchange
7 Sep 2026 HDFC MUTUAL FUND Bulk Buy 993,201 266.2100 NSE
20 Apr 2026 GDN VENTURES LLP Bulk Sell 1,000,000 631.0200 NSE
27 Mar 2026 QE SECURITIES LLP Bulk Sell 1,015,391 557.6400 NSE
27 Mar 2026 QE SECURITIES LLP Bulk Buy 1,003,657 559.2500 NSE
27 Mar 2026 NK SECURITIES RESEARCH PRIVATE LIMITED Bulk Sell 1,560,531 564.3100 NSE
27 Mar 2026 NK SECURITIES RESEARCH PRIVATE LIMITED Bulk Buy 1,560,531 564.0400 NSE
27 Mar 2026 MICROCURVES TRADING PRIVATE LIMITED Bulk Sell 2,218,794 563.0100 NSE
27 Mar 2026 MICROCURVES TRADING PRIVATE LIMITED Bulk Buy 2,218,794 562.7600 NSE
27 Mar 2026 JUMP TRADING FINANCIAL INDIA PRIVATE LIMITED Bulk Buy 1,482,414 560.6000 NSE
27 Mar 2026 JUMP TRADING FINANCIAL INDIA PRIVATE LIMITED Bulk Sell 1,482,414 560.3900 NSE

All bulk and block deals →

Quarterly results, AGMs, buybacks and other board-approved business.

DatePurposeResults
22 Jul 2026 Financial Results Yes
29 Apr 2026 Financial Results/Dividend Yes
10 Feb 2026 Financial Results Yes
10 Nov 2025 Financial Results Yes
30 Jul 2025 Financial Results Yes

Corporate Announcements

All 1152 announcements, with search →

Exchange disclosures (NSE and BSE), most recent first.

DateCategoryAnnouncement
1 Oct 2026 Company Update HEG Advanced Materials Ltd - 509631 - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
1 Oct 2026 Bagging/Receiving of orders/contracts HEG Advanced Materials Limited has informed the Exchange about Receipt of orders by Replus Engitech Private Limited, a subsidiary of the Company
30 Sep 2026 Company Update HEG Advanced Materials Ltd - 509631 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
30 Sep 2026 Press Release HEG Advanced Materials Limited has informed the Exchange regarding a press release dated September 30, 2026, titled "Replus Engitech and Indus Towers Collaborate on Energy Storage Solutions for Telecom Infrastructure".
29 Sep 2026 Updates HEG Advanced Materials Limited has informed the Exchange regarding 'Apportionment of the Cost of Acquisition of Equity Shares of the Company, between the Company and HEG Graphite Limited, pursuant to the Scheme'.
29 Sep 2026 Company Update HEG Advanced Materials Ltd - 509631 - Apportionment Of The Cost Of Acquisition Of Equity Shares Of The Company, Between The Company And HEG Graphite Limited, Pursuant To The Scheme
28 Sep 2026 Trading Window HEG Advanced Materials Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
21 Sep 2026 Analysts/Institutional Investor Meet/Con. Call Updates HEG Limited has informed the Exchange about Schedule of meet
21 Sep 2026 Insider Trading / SAST HEG Advanced Materials Ltd - 509631 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
21 Sep 2026 Insider Trading / SAST HEG Advanced Materials Ltd - 509631 - Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011

All announcements →

SWOT

Tradinity's own rule-based read of the real ratios elsewhere on this page -- not a copy of any third party's, and never a forward-looking prediction.

Strengths

  • Low financial leverage (Debt/Equity 0.17)
  • Healthy liquidity (Current Ratio 2.21)

Weaknesses

  • Low Return on Equity (7.2%)

Opportunities

  • Trading below book value (PB 0.96)
  • RSI in oversold territory (22.7) -- a technical rebound zone

Threats

  • Down 53.7% over the past year

Data unavailable (no single-stock futures or options activity on record for this company).

Part of: NIFTY 500, NIFTY 500

Frequently asked questions about HEG Limited

Where is the share price?

The price at the top of this page is the last traded price from exchange data; during market hours it refreshes on its own. The Chart & Technicals section has the full price history.

Where are the financial results?

The Financials page has quarterly and annual results, ratios, cash flow and the balance sheet, on a standalone or consolidated basis.

Who owns the company?

The Ownership section shows the latest shareholding pattern from exchange filings, with promoter, FII, DII and public holdings by quarter.

Does Tradinity give buy or sell advice?

No. The scores and checklist on this page are rule-based summaries of published figures, not recommendations. Tradinity is not a registered investment adviser.