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

Investors may react cautiously to news that HEG's revenues are forecasted to be lower than last year's. Such declines are likely to have a negative effect on the company's bottom line, which can lead to concerns about profitability and hinder investor confidence in the company's future performance.

Financial Ratios:

currentRatio 2.263000
forwardPE 9.998012
debtToEquity 13.195000
earningsGrowth 0.000000
revenueGrowth -0.009000
grossMargins 0.427960
operatingMargins 0.079610
trailingEps 5.950000
forwardEps 38.180000

The current ratio for HEG is 2.263, indicating that the company can service its short-term debt using available cash and assets. This suggests HEG has strong liquidity, with more than enough resources to meet its immediate financial commitments.
HEG's low Debt-to-Equity ratio suggests the company is minimally leveraged, with limited reliance on debt to finance its operations. This reduced financial risk positions the company for greater stability and financial health, appealing to investors who value conservative financial management.
HEG's low earnings and revenue growth indicate potential profit shrinkage. This suggests that the company's financial performance may be weakening, raising concerns about its future profitability and overall business outlook.
With a forward EPS greater than its trailing EPS, HEG is forecasted to be more profitable this year than last. This growth expectation reflects confidence in the company's earnings potential and suggests an improving financial trajectory for the year ahead.

Price projections:

Price projections for HEG
Price projections for HEG

HEG's stock price has already exceeded the higher end of analysts' projections. With little room left for additional increases, this situation suggests that investors should be cautious as the stock may face challenges in maintaining its current valuation.

Recommendation changes over time:

Recommendations trend for HEG
Recommendations trend for HEG


Analysts have maintained a buy bias for HEG Limited, which could prompt investors to consider the stock as a viable investment. With this positive outlook, HEG Limited is positioned as an attractive option for those looking to park their money in a stable and potentially lucrative company.