HEG Limited — Investor Meet, 10-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

HEG's Q3 FY26 standalone revenue surged 37% YoY to 655.66 Cr, with PAT rising 43.7% YoY to 141.25 Cr. EBITDA margin stood at 32%. The company expanded graphite electrode capacity to 100,000 tons in Nov'23, making it the third-largest in the western world, with further plans to reach 115,000 tons by 2027. Despite global crude steel production pressure and weak GE spot prices, management expresses confidence in the long-term shift towards Electric Arc Furnace (EAF) steelmaking outside China, which underpins durable graphite electrode demand.