HEG Limited Q4 FY26 Results: Revenue ₹603 Cr, Net Loss ₹163 Cr Standalone
HEG Limited reported Q4 FY26 standalone results with revenue at ₹603.21 crore and a net loss of ₹163.19 crore. For FY26, standalone revenue was ₹2,568.50 crore and net profit ₹180.72 crore. Consolidated FY26 net profit stood at ₹337.97 crore. The company is expanding graphite electrode capacity to 115,000 tons by early 2028.
The financial results show a loss in the current quarter, which could impact investor sentiment, although the full-year results show a profit and capacity expansion plans offer some positive outlook.
The company reported a net loss for the quarter ended March 31, 2026, which is a negative financial outcome.
HEG Limited has announced its audited financial results for the quarter and year ended March 31, 2026. For the fourth quarter of FY26, the company reported a total income of ₹619.94 crore, a slight decrease from ₹756.20 crore in the previous quarter but an increase from ₹580.21 crore in the same quarter last year. Standalone expenses for the quarter were ₹808.95 crore, leading to a loss before exceptional items and tax of ₹189.01 crore. After accounting for tax expenses, the net loss for the quarter stood at ₹163.19 crore. The basic and diluted EPS for the quarter was ₹(8.46).
For the full fiscal year 2025-26, HEG Limited reported a total standalone income of ₹2,660.46 crore, an increase from ₹2,279.39 crore in FY25. The profit before tax for the year was ₹246.40 crore, and the net profit after tax was ₹180.72 crore. The company's full-year standalone EPS was ₹9.36.
On a consolidated basis, for the quarter ended March 31, 2026, total income was ₹643.10 crore, with a net loss of ₹118.80 crore. The consolidated net profit for the full fiscal year 2025-26 was ₹337.97 crore, with basic and diluted EPS from continuing operations at ₹17.51.
The company's investor presentation highlights its position as the world's largest single-site graphite electrode plant, with a capacity expansion to 115,000 tons by early 2028. It also notes the increasing share of EAF steel production globally and the potential impact of carbon-linked import costs in Europe.
HEG Limited is a key player in the graphite electrode (GE) market, which is essential for Electric Arc Furnaces (EAF) used in steel production. The company exports approximately 65-70% of its production to about 35 countries and has a diversified customer base, supplying to top global steel companies. HEG also has captive power generation capacity.
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HEG Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by HEG Limited. Read the original for the full detail.