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Electrode manufacturing stock jumps 15% after its net profit grows by 554.9% YoY

Prominent electrode producer posted ₹104.83 crore net profit in Q1 FY26, reflecting strong recovery with 554.9% YoY growth and improved revenue and income figures.

Introduction:

Leading electrode manufacturer reported a net profit of ₹104.83 crore in Q1 FY26, marking a sharp turnaround from losses in the previous quarter and a 554.9% year-on-year surge, driven by improved operational performance.

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Share price movement of HEG:

On July 31, 2025, HEG Ltd opened at ₹545.05, up 2.11% from its previous close of ₹533.80. The stock hit a high of ₹622.00 (16.51%) and a low of ₹542.65. By 2:33 PM, it traded at ₹602.45, marking a 12.86% gain, with a market cap of ₹11,625.93 crore.

HEG Limited Q1 FY26 Net Profit Rises Significantly:

HEG Limited reported a net profit of ₹104.83 crore in Q1 FY26, compared to a loss of ₹73.67 crore in the previous quarter and ₹23.04 crore in Q1 FY25, marking a turnaround. Net profit rose 554.9% YoY and improved from negative QoQ.

Revenue from operations rose to ₹616.93 crore in Q1 FY26, up 13.8% from ₹542.25 crore in Q4 FY25 and 7.95% higher than ₹571.46 crore in Q1 FY25, reflecting improved business performance.

Total income increased to ₹683.85 crore in Q1 FY26, registering a 15.87% QoQ growth from ₹590.27 crore and a 15.54% YoY rise from ₹591.90 crore, indicating a positive growth momentum.

Recent news on HEG:

As of March 14, 2025, HEG Ltd announced plans to implement projects worth ₹3,000 to 3,500 crore across existing and new ventures, following its demerger into graphite and green energy-focused entities.

Stock performance of HEG for Period of 1 week, 6 months, and 1 year:

HEG Ltd delivered a 0.65% return over the past week, gained 39.6% in the past six months, and rose 20.1% over the past year.

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Shareholding pattern of HEG:

ParticularsJun 2025Mar 2025Dec 2024
Promoter55.80%55.80%55.80%
FII7.30%7.20%7.10%
DII11.60%11.70%12.10%
Public25.30%25.40%25.00%

About HEG:

HEG Ltd (NSE: HEG) is a top graphite electrode manufacturer in India, operating the world’s largest single-site plant. It serves electric arc furnaces with UHP, HP, and SHP grade electrodes.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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