HEG Limited — Important, 11-02-2025: General Updates

1. **Updates**: HEG Limited's Board has approved significant financial resolutions, including the unaudited financial results for the quarter and nine months ended December 31, 2024. Key highlights include a revenue of ₹1,616.13 Cr, a profit before tax of ₹219.42 Cr, and a net profit of ₹162.99 Cr. The investment limit has also been raised from ₹250 Cr to ₹350 Cr for acquiring securities of listed firms, alongside an inter-corporate unsecured loan of ₹100 Cr to Bhilwara Energy Limited, an associate company. The Corporate Social Responsibility Committee has been renamed to include ESG in its title, reflecting a strategic pivot toward sustainable business practices. A positive outlook is noted, with enhanced investment capabilities potentially strengthening the company's market position.

2. **Investor Presentation**:

- **Financial Highlights**: For the quarter ended December 31, 2024, HEG reported revenue of ₹1,616.13 Cr, an increase from the previous quarter's ₹1,580.55 Cr. Profit before tax rose to ₹219.42 Cr, up from ₹182.95 Cr.

- **Strategic Initiatives and Growth Drivers**: The company is increasing its investment capacity to ₹350 Cr, indicating a proactive approach toward strategic acquisitions and partnerships, which are crucial for growth.

- **Business Developments**: Approval of a ₹100 Cr unsecured loan to Bhilwara Energy strengthens ties with this associate, essential for the ongoing composite scheme to consolidate operations.

- **Market Position and Competitive Advantage**: The increasing revenue coupled with prudent financial management positions HEG favorably in the graphite market.

- **Investor Implications**: The enhanced investment limits and strategic focus could lead to significant growth opportunities, suggesting a positive outlook for shareholders.

3. **Company Announcement**: HEG Limited's Board meeting resulted in the approval for an unsecured loan of ₹100 Cr to Bhilwara Energy Limited, an associate company where HEG holds a 49.01% stake. Additionally, changes to the Corporate Social Responsibility Committee's name reflect a growing focus on ESG principles. Overall, these developments enhance the company's operational synergy with its associates and align with long-term strategic goals.