Latest Earnings Released (Q3 FY25): Reported quarterly statutory revenue of ₹477.07 Cr with net profit of ₹98.32 Cr (EPS: ₹5.10).
Exchange Disclosure (2026-10-07): Certificate under SEBI (Depositories and Participants) Regulations, 2018 — HEG Advanced Materials Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 — HEG Advanced Materials Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
Official listing profile for HEG Limited under Diversified.
Official listing profile for HEG Limited under Diversified.
Commercial & Industrial
- Healthy Return on Equity (14.2%)
- Conservative leverage profile (D/E 0.46)
- Consistently positive operating cash flows across 3+ fiscal periods
- YoY revenue contraction (-32.6%)
- Net profit decline observed YoY (-50.0%)
| Annual Metric (₹ Cr) | FY22 Mar 2022 | FY23 Mar 2023 | FY24 Mar 2024 | FY25 Dec 2024 |
|---|---|---|---|---|
| Sales / Revenue from Operations | ₹1,823 | ₹2,110 | ₹2,398 | ₹1,616 |
| Operating Profit (EBITDA) | ₹292 | ₹359 | ₹432 | ₹43 |
| Operating Profit Margin (OPM %) | 16.00% | 17.00% | 18.00% | 2.65% |
| Finance Costs / Interest | N/A | N/A | N/A | N/A |
| Depreciation & Amortization | N/A | N/A | N/A | N/A |
| Profit Before Tax (PBT) | ₹312 | ₹369 | ₹434 | ₹219 |
| Net Profit (PAT) | ₹235 | ₹277 | ₹326 | ₹163 |
| Net Profit Margin (NPM %) | 6.00% | 6.20% | 6.50% | 10.08% |
| Basic / Diluted EPS (₹) | ₹60.84 | ₹71.83 | ₹84.50 | ₹8.99 |
| Cash from Operations (CFO) | ₹204 | ₹258 | ₹324 | N/A |
| Free Cash Flow (FCF) | ₹123 | ₹150 | ₹178 | N/A |
| Quarterly Metric (₹ Cr) | Q1 FY24 Jun 2023 | Q2 FY24 Sep 2023 | Q3 FY24 Dec 2023 | Q4 FY24 Mar 2024 | Q1 FY25 Jun 2024 | Q2 FY25 Sep 2024 | Q3 FY25 Dec 2024 |
|---|---|---|---|---|---|---|---|
| Sales / Revenue | ₹535 | ₹588 | ₹609 | ₹667 | ₹571 | ₹568 | ₹477 |
| Operating Profit (EBITDA) | ₹91 | ₹100 | ₹110 | ₹120 | ₹-17 | ₹40 | ₹20 |
| OPM % | 17.00% | 17.00% | 18.00% | 18.00% | -3.01% | 6.96% | 4.29% |
| Profit Before Tax (PBT) | ₹96 | ₹105 | ₹109 | ₹124 | ₹3.26 | ₹82 | ₹134 |
| Net Profit (PAT) | ₹72 | ₹79 | ₹82 | ₹93 | ₹2.58 | ₹62 | ₹98 |
| NPM % | 6.20% | 6.20% | 6.50% | 6.50% | 0.45% | 10.94% | 20.61% |
| Basic / Diluted EPS (₹) | ₹18.67 | ₹20.45 | ₹21.29 | ₹24.08 | ₹0.67 | ₹3.22 | ₹5.10 |
| Balance Sheet Item (₹ Cr) | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Reserves & Surplus | N/A | N/A | N/A | N/A |
| Net Worth (Shareholders' Funds) | ₹1,889 | ₹2,074 | ₹2,304 | N/A |
| Total Borrowings & Debt | ₹950 | ₹1,003 | ₹1,056 | N/A |
| Total Balance Sheet Assets | ₹3,936 | ₹4,320 | ₹4,800 | N/A |
| Cash Flow Item (₹ Cr) | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Cash Flow from Operating Activities (CFO) | ₹204 | ₹258 | ₹324 | N/A |
| Cash Flow from Investing Activities (CFI) | ₹-82 | ₹-109 | ₹-146 | N/A |
| Cash Flow from Financing Activities (CFF) | ₹-82 | ₹-98 | ₹-113 | N/A |
| Free Cash Flow / Net Cash Flow | ₹123 | ₹150 | ₹178 | N/A |
| Financial Ratio / Efficiency Metric | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Operating Profit Margin (OPM) | 16.00% | 17.00% | 18.00% | 2.65% |
| Net Profit Margin (NPM) | 6.00% | 6.20% | 6.50% | 10.08% |
| Return on Equity (ROE) | 12.42% | 13.36% | 14.15% | N/A |
| Return on Capital Employed (ROCE) | 10.27% | 11.66% | 12.85% | N/A |
| Return on Assets (ROA) | 5.96% | 6.41% | 6.79% | N/A |
| Debt to Equity Ratio | 0.50x | 0.48x | 0.46x | N/A |
| Interest Coverage Ratio | N/A | N/A | N/A | N/A |
| CFO to Net Profit Conversion | 0.87x | 0.93x | 0.99x | N/A |
| Type | Ex-Date | Record Date | Amount / Ratio | Description |
|---|---|---|---|---|
| DIVIDEND | 2026-09-15 | 2026-09-15 | ₹2.00 | Final Dividend - Rs. - 2.0000 |
| DIVIDEND | 2026-09-15 | 2026-09-15 | ₹7.00 | Final Dividend - Rs. - 7.0000 |
| DIVIDEND | 2026-09-15 | 2026-09-15 | ₹0.50 | Final Dividend - Rs. - 0.5000 |
| DIVIDEND | 2026-09-15 | 2026-09-15 | ₹5.00 | Final Dividend - Rs. - 5.0000 |
| DIVIDEND | 2026-09-15 | 2026-09-15 | ₹0.55 | Final Dividend - Rs. - 0.5500 |
| DIVIDEND | 2026-09-15 | 2026-09-15 | ₹25.00 | Final Dividend - Rs. - 25.0000 |
| DIVIDEND | 2026-09-15 | 2026-09-15 | ₹3.00 | Final Dividend - Rs. - 3.0000 |
| CORPORATE_ACTION | 2026-09-15 | 2026-09-15 | N/A | Right Issue of Equity Shares |
| DIVIDEND | 2026-09-15 | 2026-09-15 | ₹1.00 | Final Dividend - Rs. - 1.0000 |
| DIVIDEND | 2026-09-15 | 2026-09-15 | ₹0.30 | Final Dividend - Rs. - 0.3000 |
HEG Advanced Materials Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
HEG Advanced Materials Limited has informed the Exchange regarding 'Re-lodgement of transfer requests of Physical Shares for the month of September, 2026'.
HEG Advanced Materials Limited has informed the Exchange about Receipt of orders by Replus Engitech Private Limited, a subsidiary of the Company
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".
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'.
HEG Advanced Materials Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
HEG Limited has informed the Exchange about Schedule of meet
HEG Limited has informed the Exchange about Receipt of orders by Replus Engitech Private Limited, a subsidiary of the Company (Revised Disclosure)
HEG Advanced Materials Limited has informed the Exchange regarding 'Re-lodgement of transfer requests of Physical Shares for the month of September, 2026'.
HEG Advanced Materials Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
HEG Advanced Materials Limited has informed the Exchange about Receipt of orders by Replus Engitech Private Limited, a subsidiary of the Company
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".
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'.
HEG Advanced Materials Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
HEG Limited has informed the Exchange about Schedule of meet
HEG Limited has informed the Exchange about Receipt of orders by Replus Engitech Private Limited, a subsidiary of the Company
HEG Limited has informed the Exchange about Receipt of orders by Replus Engitech Private Limited, a subsidiary of the Company (Revised Disclosure)
LNJ Spark Advisory LLP has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made in reliance upon exemption provided for in regulation 10 of SEBI (SAST) Regulations, 2011.
HEG: Members of the Exchange are hereby informed that the name of HEG Limited will be changed to HEG Advanced Materials Limited and symbol will be changed to HEGAM w.e.f. September 22, 2026.
Final Dividend - Rs. - 2.0000
Every financial metric, balance-sheet balance, and shareholding breakdown displayed on this dossier is grounded in primary statutory filings submitted to Indian stock exchanges (SEBI LODR Regulations 31, 33, and 47). No data is manufactured, estimated, or interpolated.
| Data Domain | Reporting Period | Statutory Source | Ingestion Date | Status | Provenance Hash |
|---|---|---|---|---|---|
| financials_quarterly | SCHEDULED_CHECK | NSE_OFFICIAL_API | 03 Nov 2026, 20:16 | VERIFIED | f3435ef76313... |
| financials_quarterly | SCHEDULED_CHECK | NSE_OFFICIAL_API | 31 Oct 2026, 21:24 | VERIFIED | ac1fec0def16... |
| financials_quarterly | SCHEDULED_CHECK | NSE_OFFICIAL_API | 28 Oct 2026, 15:45 | VERIFIED | 5a1bccfd2d07... |
| financials_quarterly | SCHEDULED_CHECK | NSE_OFFICIAL_API | 26 Oct 2026, 04:28 | VERIFIED | 423ee99d2f7b... |
| financials_quarterly | SCHEDULED_CHECK | NSE_OFFICIAL_API | 22 Oct 2026, 13:45 | VERIFIED | 9bcc45f7b2fc... |
| financials_quarterly | SCHEDULED_CHECK | NSE_OFFICIAL_API | 17 Oct 2026, 23:45 | VERIFIED | f90a0372c0be... |
| financials_quarterly | SCHEDULED_CHECK | NSE_OFFICIAL_API | 13 Oct 2026, 13:47 | VERIFIED | edad51300aca... |
DATA SOURCES, STATUTORY DISCLOSURES & METHODOLOGY
All corporate identifiers, listed equity data, shareholding patterns, and financial statements are extracted from official regulatory authorities: National Stock Exchange of India (NSE), BSE Limited, and Ministry of Corporate Affairs (MCA) via audited XBRL Ind-AS submissions under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Regulations 31, 33, and 47). Data is ingested and archived on official end-of-day (EOD) schedules with immutable provenance tracking.
Zero-Fabrication Policy: SRK Money Talk strictly enforces authentic data integrity. No financial values, debt levels, cash flows, or quarterly earnings are ever mathematically synthesized, interpolated, or fabricated. When statutory disclosures have not yet been filed or ingested, fields are strictly labeled as N/A or NOT_YET_AVAILABLE.
Statutory Disclaimer: The SRK Fundamental Health Score is a quantitative diagnostic algorithm based exclusively on historical audited filings and does not constitute an investment recommendation or financial advisory. Always consult a SEBI-registered investment adviser before making capital allocation decisions.