HEG Q4 FY26 results (Jan–Mar 2026) and concall

Capital Goods · Concall AI · Call held 8 May 2026

Company page: HEG share price, financials & guidance record

HEG reported strong full-year FY26 performance with significant revenue and profit growth, driven by high capacity utilization and cost control. However, Q4 FY26 saw a reported loss of ₹189 crores, primarily due to unrealized fair value losses and rupee depreciation. The company is progressing with its capacity expansion to 115,000 tons by early 2028 and remains confident in long-term demand for graphite electrodes, despite near-term market volatility and geopolitical disruptions.

You’re reading a preview. Opening the full call uses 1 concall credit.

What they filed

Q4 FY26: revenue up 12.3%, net profit down 54.1% against the same quarter last year.

₹ Cr · quarterly

Line item	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26
Revenue	568	478	537	613	699 +23%	656 +37%	603 +12%
Expenses	471	411	598	507	581	513	752
EBITDA	97	67	-61	106	118 +22%	143 +113%	-148 −143%
Margin	17%	14%	-11%	17%	17%	22%	-25%
Other income	63	112	43	82	120	167	72
Interest	9	9	12	8	9	9	11
Depreciation	48	51	55	53	54	54	53
Profit before tax	103	119	-85	126	175 +70%	246 +107%	-140 −65%
Tax rate	20%	30%	-13%	17%	18%	16%	-19%
Net profit	82	83	-74	105	143 +74%	207 +149%	-114 −54%
EPS	4.26	4.32	-3.82	5.43	7.43	10.72	-5.89

How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.

What they filed

More Capital Goods earnings calls