HEG Ltd (NSE:HEG)

Q3 2026 HEG Ltd Earnings Call Transcript

Feb 11, 2026 / 11:30 AM GMT

Release Date Price: ₹529.05 (-5.64%)

Transcript

Key Points

Positve

HEG Ltd (BOM:509631) achieved a high capacity utilization rate of 80% at its expanded plant capacity of 100,000 tons, which is the highest among Western graphite electrode companies.
The company remains the lowest cost producer in the world, even after its recent expansion.
HEG Ltd (BOM:509631) recorded a significant increase in net profit after tax on a standalone basis, rising to INR 98 crores in Q3 FY25 from INR 37 crores in the previous year.
The company is long-term debt-free and holds a substantial treasury size of nearly INR 1,000 crores.
HEG Ltd (BOM:509631) is well-positioned to capitalize on increased demand due to its strong technological capabilities, operational efficiencies, and market reach.

Negative

Global crude steel production declined by 0.8% in 2024, impacting graphite electrode demand.
Electrode pricing remains under pressure due to subdued demand, affecting profit margins.
The demerger process has been delayed by about two months due to a share split.
The company faces potential challenges from reciprocal duties in the US, which could impact exports.
HEG Ltd (BOM:509631) has not yet implemented price increases, unlike some competitors who have announced hikes of 15-20%.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

HEGL.NS - HEG Ltd
Q3 2026 HEG Ltd Earnings Call
Feb 11, 2026 / 11:30AM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, Welcome to ATG Limited's Q3 FY25 result conference call organized by SKP Securities Limited.

As a reminder, all participant lines will be in the listen-only mode, and you will be able to ask questions after management's opening remarks.

Should you need assistance during the conference call, please signal an operator by pressing and then 0 on your touchstone phone.

Please note that this conference is being recorded.

I now hand the conference over to Mr. Naveen Agrawal, head Institutional equities at SKP Securities Limited.

Thank you and over to you, sir.

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Unidentified_2 [2]
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