Intimation of Analyst/Investor Meet

HEG Limited

HEG Limited has submitted an investor presentation on the un-audited financial results for the quarter ended June 30, 2026 (Q1 FY27).

The presentation provides comprehensive financial and operational performance highlights for Q1 FY27, including detailed standalone financial results with comparative figures for previous periods.

Financial Performance Highlights (Standalone - Rs. crore)

Q1 FY27 (Unaudited) Key Figures:

  • Revenue from Operations: ₹680.91 crore
  • Total Income: ₹730.94 crore
  • Profit Before Tax: ₹151.79 crore
  • Profit After Tax: ₹109.05 crore
  • EBITDA: Not explicitly stated but calculable from margins
  • EPS: ₹5.67 (not annualized)

Comparative Performance:

  • Revenue grew 11% YoY from ₹612.78 crore in Q1 FY26
  • Net Profit increased 18% YoY from ₹92.42 crore in Q1 FY26
  • EBITDA margin expanded to 29% from 23% in Q1 FY26
  • PAT margin improved to 15% from 11% in Q1 FY26

Business Overview & Industry Position

Graphite Electrode Business:

  • HEG is the largest graphite electrode plant in the Western world with 100,000 tonnes annual capacity
  • Among top three graphite electrode producers globally (ex-China)
  • Exporting 65-70% of production to about 35 countries for over 20 years
  • Diversified customer base including top 20 global steel companies
  • Captive power generation capacity of around 80 MW (two thermal, one hydro)

Capacity Expansion:

  • Expanding capacity by 15,000 tonnes to 115,000 tonnes through brownfield expansion
  • No additional capacity announced by any other company in the western world

Industry Outlook

Global Steel Market Trends:

  • Global crude steel production declined 0.7% YoY to 930.6 Mt (Jan-Jun 2026)
  • Ex-China steel markets grew 2.1% YoY to 430.6 Mt
  • India steel production increased 7.1% YoY to 87 Mt
  • World Steel Association forecasts steel demand growth of 0.3% in 2026 and 2.2% in 2027

EAF Steel Growth Drivers:

  • EAF steel production (w/o China) rose from 44% to 51% between 2015-2024
  • EAF-produced steel emits one-fourth carbon compared to traditional blast furnaces
  • 71 million tonnes of new EAF steelmaking capacity planned globally between 2026-2028
  • EU's CBAM and decarbonisation policies supporting shift to EAF steelmaking

Challenges:

  • Trade policy and geopolitical risks increasing freight, energy and raw material costs
  • Tariffs and anti-dumping measures affecting industry costs
  • HEG managing higher input costs through operational efficiencies and pricing actions

Additional Information

The presentation includes detailed financial tables comparing:

  • Q1 FY27 vs Q4 FY26 vs Q1 FY26 vs FY26 annual
  • Both unaudited and audited figures where applicable
  • Comprehensive breakdown of revenue, expenses, taxes, and profitability metrics

The document explicitly states that it contains the investor presentation on financial results but does not specify if this was presented in a formal analyst/investor meet. No management participants, event timing, or UPSI declarations are mentioned in the provided data.

Additional Notes Section

The document represents a regulatory filing containing the investor presentation material for Q1 FY27 results. Financial data has been disclosed extensively throughout the presentation, including detailed quarterly financial results, operational metrics, and industry outlook information.