HEG Limited
HEG · General/Diversified · NSE
₹543
Current Market Price
Fair Value (DCF)
₹265
Discount to FV
-51.3%
Updated just now
YieldIQ Score
40/100
Piotroski F-Score
6/9
Economic Moat
None
Confidence
45%
ROE
2.6%
Debt/Equity
0.13
WACC
11.0%
Market Cap
₹10,477 Cr
Quality & Valuation
Neutral model outputs — no recommendations.
ROCE
7.8%
Return on capital employed
EV / EBITDA
15.2×
Enterprise multiple
Debt / EBITDA
0.9×
Leverage vs earnings
Interest Coverage
6.1×
EBIT covers interest
Current Ratio
2.26×
Short-term liquidity
Asset Turnover
0.46×
Revenue per ₹ of assets
Revenue CAGR (3Y)
0.9%
3-year revenue growth
Revenue CAGR (5Y)
14.8%
5-year revenue growth
DCF Scenario Analysis
vs CMP ₹542.9
Bear case
Margin of Safety —
Implied upside -252.6%
Base case
Margin of Safety —
Implied upside -105.2%
Bull case
Margin of Safety -149.4%
Implied upside -59.9%
Ratio Trends
HEG · last 8 annual periods
ROE
2.6%
ROCE
7.8%
Operating Margin
—
Debt / Equity
0.13×
PE
6.7×
EV / EBITDA
5.3×
Historical Financials
HEG · Annual, last 5 years· amounts in ₹Cr unless noted
| Metric | 2021 NSE_XBRL | 2022 NSE_XBRL | 2023 NSE_XBRL | 2024 NSE_XBRL | 2025 yfinance | CAGR |
|---|---|---|---|---|---|---|
| Revenue | ₹1256 Cr | ₹2173 Cr | ₹2435 Cr | ₹2380 Cr | ₹2144 Cr | +14.3% |
| EBITDA | — | ₹647 Cr | ₹805 Cr | ₹606 Cr | ₹393 Cr | -11.7% |
| EBIT | ₹-19.4 Cr | ₹527 Cr | ₹625 Cr | ₹349 Cr | — | — |
| PAT | ₹-17.9 Cr | ₹431 Cr | ₹532 Cr | ₹312 Cr | ₹115 Cr | — |
| EPS (diluted) | ₹-4.65 | ₹111.68 | ₹137.93 | ₹80.75 | — | — |
| CFO | ₹716 Cr | ₹-141 Cr | ₹113 Cr | ₹612 Cr | ₹280 Cr | -20.9% |
| CapEx | — | ₹-360 Cr | ₹-480 Cr | ₹-372 Cr | ₹-182 Cr | — |
| FCF | — | ₹-500 Cr | ₹-366 Cr | ₹241 Cr | ₹97.5 Cr | — |
| Total Assets | — | ₹5308 Cr | ₹5692 Cr | ₹5701 Cr | ₹5648 Cr | +1.6% |
| Total Debt | — | ₹665 Cr | ₹743 Cr | ₹623 Cr | ₹588 Cr | -3.0% |
| Shareholders' Equity | — | ₹3914 Cr | ₹4281 Cr | ₹4426 Cr | ₹4454 Cr | +3.3% |
CAGR computed across the visible window. Signs reverse if start value is zero or negative.
Peer Comparison
HEG vs 5 closest peers by market-cap band
| Peer | MoS | Score | Verdict | ROE | PE |
|---|---|---|---|---|---|
 GRAPHITE GRAPHITE | — | — | Pending | 3.0% | 68.9× |
ATLANTAELE ATLANTAELE | — | — | Pending | 21.7% | — |
 ARE&M ARE&M | — | — | Pending | 11.1% | — |
 VOLTAMP VOLTAMP | — | — | Pending | 20.5% | — |
 VGUARD VGUARD | — | — | Pending | 15.0% | — |
Click a ticker to view its fair-value analysis.
Dividend History
10 ex-dividend events on file. Source: NSE corporate-actions feed.
Total paid (5Y)
₹23.40/sh
Last payout
2025-08-13
₹1.80
Peak payout
₹10.00
Trailing yield
0.33%
Amounts parsed from NSE subject lines. Percent-of-face-value declarations are converted using the per-ticker face value (defaults to ₹10).
AI Analysis Summary
Model-generated description of metrics. Not investment advice. HEG Limited (HEG.NS) trades at 542.90 vs a model fair value of 264.51, a gap of -51.3%. Piotroski F-score: 6/9. Moat label: None. Revenue...
Read full AI analysis →Reverse DCF
Market-implied growth
What FCF growth is priced in →
Risk Analysis
Volatility & drawdown
Risk profile of HEG →
DuPont
ROE decomposition
Why ROE is what it is →
Technicals
RSI, MACD, MAs
Reference indicators →
News & Filings
Recent activity
BSE filings + news for HEG →
Compare
Head-to-head with peers
Compare HEG side by side →
Run Full Interactive Analysis
Interactive DCF sliders, sensitivity heatmap, peer comparison, and more.
Analyse HEGNow →Model estimates using publicly available data. Not investment advice. YieldIQ is not registered with SEBI as an investment adviser or research analyst. Past performance does not guarantee future results.