HEGAMHEG Advanced Materials Limited

Rs 205▲ +3.13%
Market closedEquity EOD 26 Oct
Compare
52-week rangeThe lowest and highest prices the stock traded at over the last year, from each day's intraday low and high. The marker is today's close: 0% means it sits at the year's low, 100% at the high. It describes where the price is, not where it is going.35.2% up the range
Rs 168Rs 273
HEGAM price
Daily candles, adjusted for splits and bonus issues so a corporate action does not show as a crash. Pick a window from one month to the full history, add indicators, or open it full screen.
EOD 26 Oct
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At a glance
Each figure is shown against the company's sector (the track: the dot is this company, the tick is the sector middle) and, where we hold the yearly filings, against its own recent years (the small trend line).
Market capWhat the whole company is worth on the stock market today: share price times the number of shares. It measures size, not quality.
Rs 3,957 cr
Larger than 57% of 7 peers
sector middle Rs 1,159 cr
P/EPrice to earnings: how many rupees investors pay for each rupee of profit the company made over the last twelve months. Compare it with similar companies rather than reading it alone.
11.0x
Lowest of 6 peers
sector middle 30.4x
Price to bookPrice to book: the share price divided by the shareholders' money per share in the latest balance sheet. Around 1 means the market values the company close to its book value.
0.8x
Lower than 86% of 7 peers
sector middle 2.0x
ROEReturn on equity: the year's profit as a percentage of the shareholders' money in the business. It shows how much the company earns on what its owners have put in.
7.5%
Lower than 57% of 7 peers
sector middle 8.6%
ROCEReturn on capital employed: operating profit as a percentage of all the long-term money in the business, owners' and lenders'. It shows how well the company uses its capital, whatever the mix of debt.
6.7%
Around the middle of 6 peers
sector middle 7.1%
Debt to equityBorrowings divided by shareholders' money. 0 means no borrowings; 1 means it owes as much as its owners have put in. Not shown for banks and lenders, whose borrowing is their business.
0.17
Higher than 86% of 7 peers
sector middle 0.06
Dividend yieldDividends paid over the last year as a percentage of the company's market value: roughly what Rs 100 of shares paid out in cash.
0.9%
Higher than 57% of 7 peers
sector middle 0.7%
Sales growthHow much the latest quarter's sales grew against the same quarter a year earlier.
+10.3%
Higher than 57% of 7 peers
sector middle +5.6%
FY23 12.1%FY26 19.3%

Peers are the listed companies in the exchange's own industry group: Electrodes & Refractories. Balance-sheet figures are from the latest filed balance sheet; trends show each financial year we hold.

What the numbers say
Short lines written by fixed rules from the company's own filings and shareholding. A line appears only when the figures cross the rule (for example sales growing three years running), and each names the numbers behind it. Nothing here is a view on whether to own the share.

Latest quarterIn the quarter to June 2026 (results filed 22 Jul 2026), sales rose 10.4% from a year earlier to Rs 681 cr and profit rose 16.7% to Rs 122 cr.

Worth watching
  • Operating margin fell from 25.1% in FY23 to 8.5% in FY26.

Each line is written by a fixed rule from the company's own filings and share price, and names the figures it uses. It describes what happened; it is not advice about the share.

How the share moved on results
For each quarterly result we hold: the change from the share's close on the last trading day before the filing to its close on the first trading day after it. Results can land during market hours or after the close, and this window covers both. It shows what happened, not what will happen next time.

Over the last 20 results, the share rose on 9 and fell on 11, and moved by 3% or more on 13.

Q1 FY23Q1 FY24Q1 FY25Q1 FY26Q1 FY27

Q1 FY27: results filed 22 Jul 2026. The share went from its close on 21 Jul 2026 to its close on 23 Jul 2026 +3.12%.

Where every Rs 100 of sales goes
From the company's own yearly results. Each year is scaled to that year's sales, so you compare shares, not size: how much went on running costs, depreciation, interest and tax, and how much was left as profit.
5 financial years
Sales, last 12 months
Rs 2,640 Cr
Profit, last 12 months
Rs 359 Cr
Earnings per share
Rs 18.6
Profit growth (qtr, YoY)
+16.70%

Of every Rs 100 of sales in FY26, Rs 92 went on running costs, Rs 8.3 on depreciation, Rs 1.4 on interest and Rs 2.6 on tax; Rs 13 was left as profit.

FY22
76
20
FY23
75
22
FY24
84
7.3
13
FY25
93
9.3
FY26
92
8.3
13
Sales (Rs 100)Other incomeOther gainsRunning costsDepreciationInterestTaxProfit

Thin bar: money in (sales plus other income). Thick bar: where it went. Each year is scaled to its own sales, so the bars compare shares, not size.

How fast it has grown
Compound growth per year in sales, profit and earnings per share between financial years, from the company's own results. A span appears only if our filings cover both ends of it.
Sales
3 yrs
+1.4%/yr
Latest qtr
+10.3%
Profit
3 yrs
-13.8%/yr
Latest qtr
+16.7%

Per year, compounded, between financial years FY26 and the year named; only spans our filings cover. The faint bar is the latest quarter against the same quarter a year earlier. Earnings per share is not shown: filed figures are not adjusted for bonus issues and splits, so its growth would mislead.

Health check, year by year
Margins, returns, debt and interest cover for each financial year. Each row is coloured against this company's own usual level, so you see what is improving and what is slipping.
MeasureFY22FY23FY24FY25FY26
Sales growthSales against the previous financial year.-12.1%-2.9%-9.8%19.3%
Operating marginProfit from operations, before depreciation, interest and tax, per Rs 100 of sales.23.9%25.1%16.0%7.4%8.5%
Net marginProfit after everything, per Rs 100 of sales.19.6%21.6%13.0%5.3%13.3%
Interest coverHow many times operating profit covers the interest bill. Higher is safer.70.3x24.0x9.8x4.6x8.8x

Each row is coloured against this company's own usual level, not against other companies: green is better than its middle year, red worse, plain is close to it. ROE, ROCE and debt rows start once the filings carry a full balance sheet (FY22 at the earliest).

What it owns, and how that is paid for
Straight from the March balance sheet in the company's annual filing. Both bars are the whole balance sheet: what the company owns, and where the money for it came from.
as at 2026-03-31

At FY26 it owned Rs 6,166 Cr of assets. Its owners funded 77% of that and borrowings 13%.

What it owns
32%
12%
18%
26%
Plant, property and projects1,967 Cr
Goodwill and intangibles2 Cr
Investments736 Cr
Inventory1,134 Cr
Owed by customers500 Cr
Cash and bank250 Cr
Everything else1,578 Cr
How that is paid for
77%
13%
Shareholders4,758 Cr
Borrowings793 Cr
Owed to suppliers401 Cr
Other liabilities214 Cr
Cash and equivalents
Rs 41 Cr
Net debt
Rs 350 Cr
Current ratio
2.21x
short-term assets per rupee due soon
Book value / share
Rs 247
Return on assets
5.8%
EV / EBITDA
8.0x

From the March balance sheet in the company's annual filing (2026-03-31). Each bar is the full balance sheet; "everything else" is what the filed total leaves after the named lines.

Where the cash went
Profit is an accounting figure; cash flow is what actually moved. Cash from running the business, plus or minus what was spent on or received from investments, plus or minus what came from or went to lenders and shareholders, equals the change in cash.

In FY26 the business itself brought in Rs 213 Cr, spent Rs 253 Cr on plant and equipment, and cash fell by Rs 10 Cr over the year.

From running the business
+213 Cr
Spent on or received from investing
-320 Cr
From or to lenders and shareholders
+97 Cr
Net change in cash
-10 Cr

Full financial year to 2026-03-31, from the company's cash flow statement.

Against its sector
Where this stock sits within its own sector on each measure. The marker is its position in the peer group and the notch is the sector median. A position is a fact about the cohort, not a view on the stock.
Electrodes & Refractories · 11
P/E11.03vs 30.37 median
Cheapest: HEGAM 11.03Priciest: RPEL 124
Net margin13.6%vs 6.9% median
Lowest: RHIM -8.68%Highest: RPEL 21.96%
Revenue growth10.35%vs 5.59% median
Lowest: DENORA -15.96%Highest: RPEL 48.72%

Median rather than average, so one loss-making or one very expensive peer cannot drag the reference. Valuation is shown without a colour verdict: a higher multiple can mean expensive, or faster growth expected, and only you can decide which.

Peers side by side
Every company in the same NSE industry group that we hold figures for, largest first. Tap any heading to sort by it. The same figures as the At a glance tiles, worked out the same way for every company.
Electrodes & Refractories · 8 shown
Company
GRAPHITE
Graphite India Limited
14,353 cr67.4x2.5x3.6%4.5%0.066.9%+26.6%1.50%
RPEL
Raghav Productivity Enhancers Limited
7,784 cr124.0x31.8x25.6%27.7%0.0222.0%+48.7%0.06%
RHIM
RHI MAGNESITA INDIA LIMITED
7,213 cr-2.0x-9.9%-7.2%0.09-8.7%+5.6%0.72%
HEGAM
HEG Advanced Materials Limited
3,957 cr11.0x0.8x7.5%6.7%0.1713.6%+10.3%0.93%
IFGLEXPOR
IFGL Refractories Limited
1,159 cr28.3x1.0x3.5%4.9%0.172.1%+12.8%2.18%
VESUVIUS
Vesuvius India Limited
782 cr30.6x0.5x14.6%-0.0012.0%+2.3%3.75%
ORIENTCER
ORIENT CERATECH LIMITED
454 cr17.4x1.5x8.6%9.9%0.136.4%+2.2%0.68%
DENORA
De Nora India Limited
368 cr30.2x2.8x9.4%9.3%0.0010.6%-16.0%0.00%

Swipe the table sideways for more columns. Tap a heading to sort. A dash means the figure is not filed or cannot be worked out for that company. A bigger cohort is cut to its 40 largest companies.

The business
Sales and net profit from the company's own filings, by financial year or by quarter. Hover any bar for that period's complete figures including operating margin and the change against the comparable earlier period. The single TTM figure above is the sum of the last four quarters.
5 years · 20 quarters
Full financial years - the long arc of the business.
Sales growth
+1.4%
a year, 3 years
Profit growth
-13.8%
a year, 3 years
Operating margin
8.5%
latest year
Sales by financial yearRs 2,576 Cr
Net profit by financial yearRs 341 Cr
FY225 full years · hover a yearFY26

Operating margin has gone from 23.9% to 8.5% over these years - the share of every rupee of sales kept after running costs, before interest and tax. Full financial years only, so a part-year is never shown as a whole one. Hover any year for its complete figures.

Dividends paid
Cash paid per share, from the exchange's corporate-action record, restated to today's share count across bonuses and splits. Dates shown are ex-dates: you must own the shares before that date to receive the payment.
1.66% yield
Rs 1,660 / year
Paid 9 of 9 yrs
on Rs 1 lakh at today's price · 1.66% yield · Rs 3.4/share
What each year paid, on Rs 1 lakh
10,732
4,878
2,439
293
3,902
4,146
2,195
878
1,659
18
19
20
21
22
23
24
25
26*
* 2026 so far - more may still be declared this year

2026 has paid Rs 3.40 per share, about Rs 1,659 on Rs 1 lakh at today's price. Earlier years are restated to today's share count, so a bonus or split never reads as a dividend cut. Dividends are at the company's discretion and can be cut or skipped.

Technical snapshot
Momentum, trend and delivery-based conviction from the actual price and volume history.
EOD 26 Oct
RSI (14) - momentum
34.8Neutral
0 oversold3070overbought 100
Delivery % - genuine buying vs churn
26.7%Below average - weaker conviction
today 26.7%20d avg 46.5%

The share of traded quantity that was actually delivered (not squared off intraday) - high delivery vs its 20-session average suggests real buying or holding, not just churn.

vs 50-DMA
-15.06%
vs 200-DMA
-4.03%
1-month
-13.61%
3-month
-10.72%
1-year
+10.14%
Realized vol (30d)
55.8%
Insider trading disclosures
Promoter, director and other insider trades in the company's own shares, as disclosed to the exchange under SEBI's insider-trading regulations - usually within a few days of the transaction.
last 18 months

Insider trading data unavailable.

Recent announcements
The company's own filings to the exchange - results, board meetings, investor calls - with a link to the source document.
last 6 months

Announcements unavailable.

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Equity price, fundamentals and realized volatility are end-of-day / quarterly from real market data. The option chain (PCR, max pain, expected move, IV, OI) is live from the exchange during market hours; outside them it shows the last session's close. Shareholding, insider trades and announcements are the company's own exchange filings. Analysis only, not investment advice.