HEG Advanced Materials Limited HEGAM NSEINFRA
Company Overview
HEG Advanced Materials Limited engages in the research and development of advanced battery materials, battery solutions. It manufactures custom machined components. The company also operates thermal power plants and a hydroelectric power facility. The company was formerly known as HEG Limited and change its name to HEG Advanced Materials Limited in September 2026. HEG Advanced Materials Limited was incorporated in 1972 and is headquartered in Noida, India.
Why Investors Should Care
Trades at a P/E of 12.8, below the sector median of 28.1.
Carries low leverage with a debt-to-equity ratio of 0.17.
Recent Developments
- Mar 2026 Revenue of ₹2,551.77 Cr (+19.4% YoY); net profit ₹341.37 Cr.
- Trailing 12 Months Year-on-year growth — revenue +10.4%, earnings +16.8%.
- 5-Year Trend Long-term compounding — revenue CAGR 1.6%, profit CAGR -13.8%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 1.57% |
| 1 Year: | 10.40% |
Compounded Profit Growth
| 5 Years: | -13.77% |
| 1 Year: | 16.80% |
Stock Price Performance
| 1 Year: | -52.46% |
| 6 Months: | -57.22% |
| 3 Months: | -53.80% |
| 1 Month: | -67.45% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- Death Cross2d ago
- RSI (14)23.38 · Oversold
P/E of 12.76 is below the sector median of 28.07 — relatively cheaper than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
No notable strengths flagged.
CONS
- Earnings shrank at -13.8% CAGR over 5 years.
- Trading 67.5% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
- RSI at 23 suggests oversold conditions.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | HEGAM HEG Advanced Materials Limited NSEINFRA | 240.00 | 12.76 | ₹7,857.46 Cr | 1.42% | 8.83% | 7.17% | 1.57% | -13.77% |
| 2 | LT Larsen & Toubro Limited NIFTY50NSEAIINFRA | 3,766.40 | 31.29 | ₹5.18 L Cr | 0.96% | 14.55% | 14.72% | 16.09% | 15.38% |
| 3 | ADANIPORTS Adani Ports and Special Economic Zone Limited NIFTY50NSEINFRA | 1,743.70 | 29.73 | ₹4.02 L Cr | 0.44% | 10.97% | 13.32% | 22.93% | 34.11% |
| 4 | HAL Hindustan Aeronautics Limited NSEAIDEFENCEINFRAPSU | 4,738.00 | 34.00 | ₹3.17 L Cr | 0.40% | 13.80% | 22.21% | 7.87% | 16.08% |
| 5 | BEL Bharat Electronics Limited NIFTY50NSEAIDEFENCEINFRAPSU | 385.50 | 45.78 | ₹2.82 L Cr | 0.61% | 31.88% | 25.27% | 15.47% | 26.64% |
| 6 | INDIGO InterGlobe Aviation Limited NSEINFRA | 4,874.50 | -39.15 | ₹1.88 L Cr | 0.24% | 4.02% | -34.31% | 15.55% | -227.40% |
| 7 | ABB ABB India Limited NSEAIINFRA | 6,972.50 | 93.45 | ₹1.48 L Cr | 0.53% | 28.45% | 19.13% | 15.41% | 17.97% |
| 8 | BHEL Bharat Heavy Electricals Limited NIFTY_MIDNSEAIINFRAPSU | 411.90 | 58.76 | ₹1.43 L Cr | 0.33% | 6.60% | 6.12% | 13.49% | 35.91% |
| 9 | CGPOWER CG Power and Industrial Solutions Limited NSEINFRA | 865.00 | 109.22 | ₹1.36 L Cr | 0.14% | 19.35% | 15.13% | 21.22% | 7.81% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | - | - | 612.78 Cr | 699.22 Cr | 656.33 Cr | 603.21 Cr | 680.79 Cr |
| Cost of Revenue | - | - | 352.03 Cr | 385.51 Cr | 346.45 Cr | 348.93 Cr | 351.08 Cr |
| Gross Profit | - | - | 260.75 Cr | 313.71 Cr | 309.88 Cr | 254.28 Cr | 329.71 Cr |
| Operating Expenses | - | - | 80.65 Cr | 82.65 Cr | 86.80 Cr | 87.93 Cr | 82.28 Cr |
| Operating Income | - | - | 180.10 Cr | 231.06 Cr | 223.08 Cr | 166.35 Cr | 247.43 Cr |
| EBITDA | - | - | 182.53 Cr | 237.90 Cr | 309.44 Cr | -81.63 Cr | 224.64 Cr |
| Interest Expense | - | - | 8.18 Cr | 8.92 Cr | 9.39 Cr | 10.72 Cr | 9.97 Cr |
| Pretax Income | - | - | 121.33 Cr | 175.23 Cr | 246.15 Cr | -144.94 Cr | 165.08 Cr |
| Tax Provision | - | - | 21.52 Cr | 31.90 Cr | 39.12 Cr | -26.14 Cr | 42.74 Cr |
| Net Income | - | - | 104.82 Cr | 143.33 Cr | 206.97 Cr | -113.77 Cr | 122.34 Cr |
| Diluted EPS | - | - | 5.43 | 7.43 | 10.72 | -5.90 | 6.34 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | - | 2,435.32 Cr | 2,379.82 Cr | 2,137.34 Cr | 2,551.77 Cr |
| Cost of Revenue | - | 1,419.67 Cr | 1,625.23 Cr | 1,407.42 Cr | 1,618.77 Cr |
| Gross Profit | - | 1,015.64 Cr | 754.59 Cr | 729.92 Cr | 933.01 Cr |
| Operating Expenses | - | 492.36 Cr | 491.81 Cr | 530.82 Cr | 621.42 Cr |
| Operating Income | - | 523.28 Cr | 262.78 Cr | 199.10 Cr | 311.59 Cr |
| EBITDA | - | 805.42 Cr | 605.75 Cr | 397.32 Cr | 642.15 Cr |
| Interest Expense | - | 25.74 Cr | 35.72 Cr | 31.62 Cr | 24.46 Cr |
| Pretax Income | - | 677.37 Cr | 395.38 Cr | 165.10 Cr | 404.38 Cr |
| Tax Provision | - | 144.96 Cr | 83.70 Cr | 46.50 Cr | 66.41 Cr |
| Net Income | - | 532.41 Cr | 311.68 Cr | 115.06 Cr | 341.37 Cr |
| Diluted EPS | - | 27.59 | 16.15 | 5.96 | 17.69 |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Total Assets | - | 5,691.96 Cr | 5,701.37 Cr | 5,648.16 Cr | 6,165.76 Cr |
| Current Assets | - | 2,852.46 Cr | 2,629.83 Cr | 2,456.55 Cr | 2,893.35 Cr |
| Cash & Equivalents | - | 33.29 Cr | 137.05 Cr | 50.76 Cr | 40.59 Cr |
| Inventory | - | 1,440.12 Cr | 1,194.15 Cr | 1,254.64 Cr | 1,133.74 Cr |
| Receivables | - | 489.14 Cr | 508.25 Cr | 442.87 Cr | 499.51 Cr |
| Total Liabilities | - | 1,411.02 Cr | 1,275.42 Cr | 1,194.39 Cr | 1,407.84 Cr |
| Current Liabilities | - | 1,316.09 Cr | 1,167.56 Cr | 1,085.49 Cr | 1,310.02 Cr |
| Long Term Debt | - | 0 | 0 | 0 | 0 |
| Total Debt | - | 742.57 Cr | 622.68 Cr | 587.67 Cr | 796.02 Cr |
| Total Equity | - | 4,280.94 Cr | 4,425.94 Cr | 4,453.77 Cr | 4,757.92 Cr |
| Shares Outstanding | - | 19.30 Cr | 19.30 Cr | 19.30 Cr | 19.30 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | 113.32 Cr | 612.22 Cr | 279.71 Cr | 213.20 Cr |
| Investing Cash Flow | - | -21.11 Cr | -184.34 Cr | -208.45 Cr | -320.26 Cr |
| Financing Cash Flow | - | -99.96 Cr | -324.12 Cr | -159.15 Cr | 96.89 Cr |
| Capital Expenditure | - | -479.74 Cr | -371.52 Cr | -182.23 Cr | -252.68 Cr |
| Free Cash Flow | - | -366.42 Cr | 240.70 Cr | 97.48 Cr | -39.48 Cr |
| Net Change in Cash | - | -7.75 Cr | 103.76 Cr | -87.89 Cr | -10.18 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Gross Margin % | - | 41.7% | 31.7% | 34.2% | 36.6% |
| Operating Margin % | - | 21.5% | 11.0% | 9.3% | 12.2% |
| Net Margin % | - | 21.9% | 13.1% | 5.4% | 13.4% |
| ROE % | - | 12.4% | 7.0% | 2.6% | 7.2% |
| ROCE % | - | 12.0% | 5.8% | 4.4% | 6.4% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for HEGAM
HEG Advanced Materials Limited Actuals & Estimates (NSE:HEGAM) - TradingView
<a href="https://news.google.com/rss/articles/CBMigwFBVV95cUxNaXNJeTBiZ0F5LVEtYnNzY0ZHUEg2OVFYd1lTT3lnSkllbUd3Y1ZYdnpZYnZvOTYtNWE2OGtoZ3dQVEJnSHhKU1VLNThNM1pvckZ0eVQxb3Z2b3hKN2t4VS1qaHhaUllFVGdremZBblpnWGVWRFdzZVJDdWtYUktCOEpNOA?oc=5" targe…
HEG Advanced Materials Limited (HEGAM.BO) stock major holders - Yahoo Finance - Yahoo Finance Singapore
<a href="https://news.google.com/rss/articles/CBMiYkFVX3lxTE5ibFNMRlN3M2tGX0lfLU1qMGlaR0ZvYUJHMmQ2YldkaWt4WGxwOU9Bck5HRmc4R093NWtCQzFRMXJaTHFBRTRCVndwZzhnTmFHMS1hN3ljMWZxN2xxSU5lRWZR?oc=5" target="_blank">HEG Advanced Materials Limited (HEG…
Average basic shares outstanding of HEG Advanced Materials Limited – NSE:HEGAM - TradingView
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HEG ADVANCED MATERIALS LIMITED (HEGAM.BO) Q1 24/25 earnings call transcript - Yahoo Finance
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HEG ADVANCED MATERIALS LIMITED (HEGAM.BO) Q2 24/25 earnings call transcript - Yahoo Finance
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HEG ADVANCED MATERIALS LIMITED (HEGAM.BO) Q3 25/26 earnings call transcript - Yahoo Finance
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HEGAM — Frequently Asked Questions
What is the current share price of HEG Advanced Materials Limited (HEGAM)?
As of 2026-09-30 05:11 IST, HEG Advanced Materials Limited (HEGAM) trades at ₹240.00 on NSE. Its 52-week range is ₹215.05 to ₹739.25.
What is the market capitalisation of HEGAM?
HEG Advanced Materials Limited (HEGAM) has a market capitalisation of ₹7,857.46 Cr on NSE.
What is the P/E ratio of HEGAM?
HEGAM trades at a trailing price-to-earnings (P/E) ratio of 12.76. The industry average P/E is 28.07. Its price-to-book (P/B) ratio is 0.97.
Does HEGAM pay a dividend?
HEG Advanced Materials Limited (HEGAM) currently offers a dividend yield of 1.42%.
What is the return on equity (ROE) of HEGAM?
HEGAM has a return on equity (ROE) of 7.17%. Its return on capital employed (ROCE) is 8.83%.
Is HEGAM a good stock to buy?
This page provides a data-driven analysis of HEG Advanced Materials Limited (HEGAM), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.