HEG Limited — Investor Meet, 16-01-2026: Analysts/Institutional Investor Meet/Con. Call Updates

HEG will split into two listed entities: HEG Greentech (focused on clean tech) and a new HEG Ltd (for the graphite business). HEG Greentech will drive growth in Advanced Battery Materials (anodes, graphene), Battery Energy Solutions (BESS, EV batteries), and RE Power Generation (Solar+BESS IPP, Hydro). Key targets include 20 KTPA anode capacity by April 2027 (expandable to 60 KTPA by FY32) and 6 GWh BESS capacity by Q2 FY27. Existing hydro projects generate ~₹300 Cr annually with 80% EBITDA margins. A strategic ₹500 Cr investment and robust capital plan support the ~₹9,000 Cr growth roadmap. Management is confident about future market leadership.