HEG Share Price: HEG Limited operates in the Industrial sector within the Electrical Equipment & Parts industry and is listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). The purpose of this post is to explore HEG share price targets for 2025, 2026 and 2030.
For long-term price forecasts, we will employ various technical analysis methods to provide an informed outlook for the company until 2030. To forecast HEG’s price performance, we will use a machine learning approach, training the model on historical data to predict future trends.
Recognised for its substantial presence in the Indian stock market, HEG Limited has demonstrated varied performance over the years. In this post, we will analyse HEG’s current market position, its growth path, fundamentals, and financial performance.
HEG Company Overview
| Company Name | HEG Ltd. (Hindustan Electro-Graphites) |
| Founded | 1977 |
| Headquarters | Noida |
| Industry | Graphite electrodes and refractories |
| CEO | Ravi Jhunjhunwala |
| Stock Exchange Listing | NSE & BSE |
| Official Website | hegltd.com |
HEG Fundamental Analysis
| Metric | Value |
|---|---|
| Market Cap | ₹11,229.36 Cr. |
| ROE | 5.63% |
| ROCE | 7.33% |
| P/E | 82.03 |
| P/B | 2.72 |
| Div. Yield | 0.77% |
| Book Value | ₹213.68 |
| Face Value | ₹2 |
| EPS (TTM) | ₹7.09 |
| 52 Week High | ₹548.92 |
| 52 Week Low | ₹317.39 |
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HEG Financials
Income Statement
| (INR) | 2024 | Y/Y CHANGE |
|---|---|---|
| Revenue | 50.17B | 248.86% |
| Operating Expense | 2.89B | 44.94% |
| Net Income | 3.01B | 938.91% |
| Net Profit Margin | 6.00 | 340.00% |
| Earnings per Share | — | — |
| EBITDA | 8.57B | 272.73% |
| Effective Tax Rate | 3.84% | — |
Balance Sheet
| (INR) | 2024 | Y/Y CHANGE |
|---|---|---|
| Cash and short-term investments | 13.86B | 533.76% |
| Total assets | 121.68B | 19.02% |
| Total liabilities | 41.44B | -36.13% |
| Total equity | 80.24B | — |
| Shares outstanding | 313.46M | — |
| Price to book | 3.15 | — |
| Return on assets | 4.21% | — |
| Return on Capital | 4.63% | — |
Cash Flow
| (INR) | 2024 | Y/Y CHANGE |
|---|---|---|
| Net income | 3.01B | 938.91% |
| Cash from operations | 258.68M | 111.02% |
| Cash from investing | -5.12B | 54.16% |
| Cash from financing | 16.04B | 167.94% |
| Net change in cash | 11.18B | 248.58% |
| Free cash flow | -12.41B | 68.40% |
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HEG Share Price Target From 2025 to 2030
| Year | Target Price |
|---|---|
| HEG Share Price Target​ 2025 | ₹430 |
| HEG Share Price Target 2026 | ₹644 |
| HEG Share Price Target 2027 | ₹987 |
| HEG Share Price Target 2028 | ₹1,099 |
| HEG Share Price Target 2029 | ₹1,203 |
| HEG Share Price Target 2030 | ₹1,445 |
HEG Shareholding Pattern
- Retail & Other: 24.29%
- Promoters: 55.78%
- Foreign Institution: 6.92%
- Mutual Funds: 10.15%
- Other Domestic Institutions: 2.66%
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HEG Competitors/Peer Companies
- Panasonic Carbon India Co
- Graphite India
Also Read: Swan Energy Share Price Target
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FAQs
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Is HEG Share good to buy?
Yes.
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What is the future of HEG?
It will grow in future.
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What is the full form of HEG Ltd?
Hindustan Electro-Graphites Ltd.

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