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

Revenues for HEG are forecasted to decline from last year's levels, prompting caution among investors. When revenues fall, it can have a significant negative impact on the company's bottom line, reducing profitability and making the stock less attractive to risk-averse investors.

Financial Ratios:

currentRatio 2.263000
forwardPE 9.755467
debtToEquity 13.195000
earningsGrowth 0.000000
revenueGrowth -0.009000
grossMargins 0.427960
operatingMargins 0.079610
trailingEps 5.950000
forwardEps 38.180000

HEG Limited's current ratio of 2.263 reflects its strong liquidity position. The company has enough cash reserves and current assets to service its short-term debt obligations, signaling that HEG Limited is financially well-prepared to meet its liabilities without difficulty.
HEG's low Debt-to-Equity ratio means the company is not over-leveraged, highlighting its conservative use of debt. This suggests reduced financial risk and a stable balance sheet, making HEG a financially resilient company with lower exposure to debt-related pressures.
HEG Limited's low earnings and revenue growth highlight a potential decline in profitability. This suggests that the company's financial health may be weakening, and profits could shrink as a result.
HEG's forward EPS exceeding its trailing EPS implies that the company is projected to be more profitable this year. This suggests an improvement in financial performance, with analysts expecting HEG to generate stronger earnings compared to the previous financial year.

Price projections:

Price projections for HEG
Price projections for HEG

The price of HEG Limited has surpassed the higher end of projections, showing strong upward momentum. However, with limited space for further increases, the stock may be due for a correction or stabilization in the near term.

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.