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HEG Ltd
NSE:HEG

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HEG Ltd
NSE:HEG
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Price: 535.2 INR -0.08% Market Closed
Market Cap: ₹103.3B

Operating Margin

5.6%
Current
Declining
by 3.8%
vs 3-y average of 9.4%

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
5.6%
=
Operating Income
₹1.3B
/
Revenue
₹23.4B

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
5.6%
=
Operating Income
₹1.3B
/
Revenue
₹23.4B

Peer Comparison

Country Company Market Cap Operating
Margin
IN
HEG Ltd
NSE:HEG
102.6B INR
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CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
1.7T CNY
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FR
Schneider Electric SE
PAR:SU
141.9B EUR
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CH
Abb Ltd
SIX:ABBN
121.4B CHF
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IE
Eaton Corporation PLC
NYSE:ETN
147.9B USD
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US
Emerson Electric Co
NYSE:EMR
88.3B USD
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US
Vertiv Holdings Co
NYSE:VRT
74.5B USD
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KR
LG Energy Solution Ltd
KRX:373220
90.1T KRW
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US
AMETEK Inc
NYSE:AME
53.6B USD
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US
Rockwell Automation Inc
NYSE:ROK
47.1B USD
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FR
Legrand SA
PAR:LR
37B EUR
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Market Distribution

In line with most companies in India
Percentile
42nd
Based on 5 437 companies
42nd percentile
5.6%
Low
-153 833.3% — 2.7%
Typical Range
2.7% — 13.2%
High
13.2% — 9 977%
Distribution Statistics
India
Min -153 833.3%
30th Percentile 2.7%
Median 7.3%
70th Percentile 13.2%
Max 9 977%

HEG Ltd
Glance View

HEG Ltd., a stalwart in the industrial landscape of India, emerges as a key player in the world of graphite electrode manufacturing. Graphite electrodes are indispensable in the production of steel through electric arc furnaces, a process favored for its efficiency and environmental benefits compared to traditional blast furnaces. Stepping into the sprawling facilities of HEG, one would witness the intricate fusion of technology and innovation that drives their production processes. The company boasts one of the largest graphite electrode plants in the world, located in Mandideep, Madhya Pradesh. This formidable capacity enables HEG to cater to both domestic and international markets, underpinning its status as a pivotal supplier to the global steel industry. The company's revenue model flourishes by tapping into the cyclical nature of the steel industry. As steel producers ramp up their output during periods of high demand, HEG stands resiliently prepared to supply the essential graphite electrodes that are crucial for this uptick in production. Leveraging its extensive R&D capabilities, HEG continually enhances the efficiency and quality of its electrodes, maintaining a competitive edge in a highly specialized market. This focus on innovation, coupled with strategic investments in production capacity, ensures that HEG can scale operations effectively while retaining a sharp focus on quality. As global markets continue to emphasize sustainable production practices, HEG's role in supporting greener steelmaking processes drives both its strategic direction and financial outcomes.

HEG Intrinsic Value
HIDDEN
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What is Operating Margin?
Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.
How is Operating Margin calculated?

Operating Margin is calculated by dividing the Operating Income by the Revenue.

Operating Margin
5.6%
=
Operating Income
₹1.3B
/
Revenue
₹23.4B
What is HEG Ltd's current Operating Margin?

The current Operating Margin for HEG Ltd is 5.6%, which is below its 3-year median of 9.4%.

How has Operating Margin changed over time?

Over the last 3 years, HEG Ltd’s Operating Margin has decreased from 22.7% to 5.6%. During this period, it reached a low of 2.9% on Dec 31, 2024 and a high of 22.7% on Sep 30, 2022.

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