Overall Fundamental outlook

Business Operations:

Sector: Industrials
Industry: Electrical Equipment & Parts

HEG Limited manufactures and sells graphite electrodes in India and internationally. The company operates through Graphite Electrodes and Power Generation segments. It provides ultra-high power and high power electrodes; graphite electrodes and nipples; carbon blocks; graphite specialties; and activated carbon fabric products. The company operates thermal power plants and a hydroelectric power facility. HEG Limited was incorporated in 1972 and is based in Noida, India.

Revenue projections:

Revenue projections for HEG
Revenue projections for HEG

HEG is projected to see lower revenues than in the previous year, a trend that usually concerns investors. Declining revenues often harm a company's profitability, leading investors to exercise caution as they weigh the potential risks of continued financial downturns.

Financial Ratios:

currentRatio 2.263000
forwardPE 10.407555
debtToEquity 13.195000
earningsGrowth 0.000000
revenueGrowth -0.009000
grossMargins 0.427960
operatingMargins 0.079610
trailingEps 5.970000
forwardEps 38.180000

With a current ratio 2.263, HEG Limited demonstrates the ability to service its short-term debt without difficulty. The company's strong cash reserves and current assets ensure that it can meet its liabilities, reflecting financial stability and healthy liquidity.
HEG's Forward PE is positioned well, reflecting a favorable balance between stock price and earnings. The stock isn't overpriced, offering room for growth and making it a potentially rewarding investment as its value has room to rise further.
HEG's low Debt-to-Equity ratio reflects the company's conservative use of debt. This shows that it isn't over-leveraged, reducing financial risk and indicating a stable financial structure, which is a positive signal for investors concerned about excessive debt burdens.
HEG's low growth in both earnings and revenue indicates potential profit shrinkage. This downward trend could be a sign of weakening financial health, signaling challenges for the company's future profitability.
HEG's forward EPS exceeding its trailing EPS means the company is expected to be more profitable this year than last. This suggests an upward trend in earnings, with forecasts indicating that HEG's financial performance will improve in the current financial year.

Price projections:

Price projections for HEG
Price projections for HEG

Having crossed above the higher end of projections, HEG Limited's price indicates a successful upward trajectory. However, the limited room for further growth suggests that the stock may soon stabilize or correct, urging investors to exercise caution.

Recommendation changes over time:

Recommendations trend for HEG
Recommendations trend for HEG


With analysts showing a buy bias for HEG, investors may be more inclined to see the stock as an attractive investment. The favorable outlook could spur increased interest, positioning HEG as a safe and profitable place for investors to allocate their funds and seek growth.