Heg Limited · NSE:HEG
Heg — Q1 FY2025-26 Earnings Presentation
20 slides from Heg's earnings presentation, Aug 2, 2025
Slide 1: Cover letter to BSE and NSE on investors presentation
HEG/SECTT/2025 2nd August, 2025 1 BSE Limited 2 National Stock Exchange of India Limited P J Towers Exchange Plaza, 5th Floor Dalal Street Plot No.C/1, G Block, Bandra - Kurla Complex MUMBAI - 400 001. Bandra (E),MUMBAI - 400 051. Scrip Code : 509631 Scrip Code : HEG Sub: Investors presentation on t
Slide 2: HEG Limited Investor Presentation - Performance Highlights Q1 FY 2025-26
HEG LIMITED Investor Presentation Performance Highlights Q1 of FY 2025-26
Slide 3: Graphite Electrode (GE)
Graphite Electrode (GE) 1. A consumable for Electric Arc Furnaces (EAF) used in steel production 2. Functions as an electrical conductor in EAFs, generating the heat required to melt steel scrap 3. High-tech / High Entry Barrier – HEG was the last new entrant in the Western world in 1976 4. EAF-prod
Slide 4: HEG Limited – Unique Strengths
HEG Limited – Unique Strengths 1. Has been World’s Largest Single Site Graphite Electrode Plant under one roof with a capacity of 80,000 tons pa for a long time. 2. Since Nov’23, capacity expanded to 100,000 tons to become the third largest producer of Graphite electrodes in the western world. 3. Ex
Slide 5: GE Capacity Build up
GE Capacity Build up Capacity Fig. in 000’MT 120 100 100 80 80 66 60 52 40 30 20 14 0 1990 2002 2006 2009 2012 2024 HEG Ltd © LNJ Bhilwara Group 4
Slide 6: Expanded plant at 100,000 tons – operational since Nov'23
Expanded plant at 100,000 tons – operational since Nov’23 HEG Ltd © LNJ Bhilwara Group 5
Slide 7: Top 10 Crude Steel-Producing Countries
TOP 10 Crude Steel - Producing Countries Crude Steel Production (mmt) Y-o-Y Q-o-Q Sr. No Country Jan-June'24 Jan-Jun'25 Y-o-Y (%) Jan-Mar'25 Apr-Jun'25 Q-o-Q (%) 1 China 527.7 514.9 -2.4% 259.1 255.8 -1.3% 2 India 74.1 80.9 9.2% 40.1 40.6 1.2% 3 Japan 42.7 40.6 -5.0% 20.4 20.1 -1.2% 4 United States
Slide 8: Industry Outlook
Industry Outlook 1. As per WSA, global crude steel production declined by 1.9% YoY in H1 2025, totaling 934.3 mmt, reflecting weak underlying demand across several key markets. 2. China’s output fell by 2.4%, yet elevated export volumes continue to flood global markets, disrupting trade flows and ex
Slide 9: Industry Outlook
Industry Outlook 6. Leading producers such as Japan, South Korea, Germany, Iran, Russia, and Turkey saw production declines ranging from −1.7% to −11.9%, indicating broad-based softness across global markets. 7. Graphite electrode demand remained weak in H1 2025, with spot market prices under sustai
Slide 10: Expansion Plan
Expansion Plan 1. Company has announced an expansion plan to increase our capacity from 100,000 tons to 115,000 tons. 2. Total capex required is Rs. 650 crores. 3. Timeline for commissioning 2.5 years. New expansion expected to come on stream by end Jan’2028. 4. Funding majorly through internal appr
Slide 11: Financial Results for the Quarter ended 30th June 2025 – Standalone
Financial Results for the Quarter ended 30th June 2025 – Standalone (Rs. cr) Quarter Ended Year Ended Sl. No. Particulars 30-06-2025 31-03-2025 30-06-2024 31-03-2025 Unaudited Audited Unaudited Audited I Revenue from operations 612.78 536.58 571.46 2,152.71 II Other income 47.68 43.63 20.44 126.68 I
Slide 12: Financial Results for the Quarter ended 30th June 2025 – Standalone
Financial Results for the Quarter ended 30th June 2025 – Standalone (Rs. cr) Quarter Ended Year Ended Sl. No. Particulars 30-06-2025 31-03-2025 30-06-2024 31-03-2025 Unaudited Audited Unaudited Audited VII Profit/(loss) before tax (V-VI) 92.42 (71.60) 3.26 147.82 VIII Tax expense (1) Current tax (ne
Slide 13: Financial Results for the Quarter ended 30th June 2025 – Consolidated
Financial Results for the Quarter ended 30th June 2025 – Consolidated (Rs. cr) Quarter Ended Year Ended Sl. No. Particulars 30-06-2025 31-03-2025 30-06-2024 31-03-2025 Unaudited Audited Unaudited Audited I Revenue from operations 616.93 542.25 571.46 2,159.69 II Other income 66.92 48.02 20.44 127.57
Slide 14: Financial Results for the Quarter ended 30th June 2025 – Consolidated
Financial Results for the Quarter ended 30th June 2025 – Consolidated (Rs. cr) Quarter Ended Year Ended Sl. No. Particulars 30-06-2025 31-03-2025 30-06-2024 31-03-2025 Unaudited Audited Unaudited Audited IX Profit/(Loss) before tax (VII+VIII) 127.46 (84.60) 23.73 160.37 X Tax expense (1) Current tax
Slide 15: Financial Snapshot (Standalone)
Financial Snapshot (Standalone) Rs. in cr (except EPS) FY 25-26 FY PARTICULARS Q1 24-25 23-24 22-23 TOTAL INCOME 660 2279 2537 2576 EBITDA 154 388 526 729 EBIT 101 187 351 626 PAT 72 101 232 456 EPS 3.72 5.25 12.00 23.60 EBITDA Margin (%) 23% 17% 21% 28% PAT Margin (%) 11% 4% 9% 18% HEG Ltd © LNJ Bh
Slide 16: Quarterly Performance (Standalone)
Quarterly Performance (Standalone) (Rs. in crs.) 614 613 562 571 568 547 537 477 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 FY24 FY25 FY26 Revenue from Operations HEG Ltd © LNJ Bhilwara Group 15
Slide 17: Quarterly Performance (Standalone)
Quarterly Performance (Standalone) (Rs. in crs.) 194 154 140 130 110 108 59 -5* Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 FY24 FY25 FY26 * Negative EBITDA is on account of loss on fair value of investment in GrafTech HEG Ltd © LNJ Bhilwara Group 16
Slide 18: Investments (Standalone)
Investments (Standalone) (Rs. in crs.) 1013 998 982 977 949 917 923 875 30th Sep23 31st Dec23 31st Mar24 30th Jun24 30th Sep24 31st Dec24 31st Mar25 30th Jun25 * Investments including Cash & Cash equivalents and excluding investments in Associates & Wholly Owned Subsidiary HEG Ltd © LNJ Bhilwara Gro
Slide 19: Borrowings (Standalone)
Borrowings (Standalone) (Rs. in crs.) 684 619 599 592 585 586 561 494 30th Sep23 31st Dec23 31st Mar24 30th Jun24 30th Sep24 31st Dec24 31st Mar25 30th Jun25 Short Term Working Capital Borrowings Outstanding at the end of the Qtr. HEG Ltd © LNJ Bhilwara Group 18
Slide 20: Thank You
Thank You Mr. Manish Gulati : Executive Director Mr. Om Prakash Ajmera : Group CFO Mr. Ravi Kant Tripathi : CFO Mr. Puneet Anand : CSO HEG Limited Ph: +91 9981190052 Fax: +91 120 254 1575 Email: Manish.gulati@lnjbhilwara.com rk.tripathi@lnjbhilwara.com HEG Ltd © LNJ Bhilwara Group 19