HEG Limited — PPTs, 11-11-2025: Investor Presentation

HEG Ltd's Q2 FY26 shows strong financial momentum despite global steel headwinds. Standalone revenue surged to 696.85 Cr from 567.60 Cr YoY, while Profit After Tax more than doubled to 130.86 Cr (EPS ₹6.78 vs ₹3.22).

Globally, crude steel production dipped 1.5% YoY (9M’25) due to China's slowdown, but India remains a bright spot, growing 10.5%. Graphite electrode demand is soft with spot prices under pressure.

HEG continues its strategic capacity expansion, now at 100,000 tons (making it the third-largest producer in the western world), with plans to reach 115,000 tons by end of 2027. This, along with 80 MW captive power, underpins its growth.

Management remains confident, leveraging structural demand growth from the global shift to Electric Arc Furnace (EAF) steelmaking (ex-China) through 2030 and beyond, expecting sustained electrode demand.