HEG Limited, formerly known as HEG Graphite Limited, has announced its unaudited financial results for the quarter and half-year ended September 30, 2026. These results are being disclosed pending the listing of its equity shares on stock exchanges following a Composite Scheme of Arrangement. The unaudited statement includes details on revenue, expenses, profit, and segment-wise performance.
HEG Limited Reports Q2 FY27 Unaudited Financials
HEG Limited, the entity formerly known as HEG Graphite Limited, has officially disclosed its unaudited financial results for the second quarter and the first half of the financial year ended September 30, 2026. This disclosure is a provisional measure, made in anticipation of the official listing of HEG Limited’s equity shares on the stock exchanges.
Scheme of Arrangement and Disclosure
The unaudited financial results are being made public in accordance with the Composite Scheme of Arrangement, which involved HEG Advanced Materials Limited (formerly HEG Limited) as the Demerged Company and HEG Limited (formerly HEG Graphite Limited) as the Resulting Company. The equity shares of the Resulting Company are currently unlisted, with the process for stock exchange listing and trading approvals underway.
The reported results for the quarter ended September 30, 2026, show a total income of ₹802.91 Crores and a profit after tax of ₹156.51 Crores. For the half-year ended September 30, 2026, total income stood at ₹1,520.64 Crores, with a profit after tax of ₹251.67 Crores. These figures are subject to a limited review, as confirmed by SCV & Co. LLP, Chartered Accountants.
Segmental Performance
The financial statement also provides a breakdown of segment revenues, results, assets, and liabilities. The Graphite segment contributed significantly to revenue, with the Graphite segment reporting a profit before tax of ₹192.47 Crores for the quarter ended September 30, 2026. The Power segment, while smaller, also showed performance indicators with a profit before tax of (₹1.73) Crores for the same quarter. Segment assets for Graphite were reported at ₹4,681.32 Crores and for Power at ₹17.47 Crores as of September 30, 2026.
Assets and Liabilities Snapshot
As of September 30, 2026, the total assets of HEG Limited were valued at ₹4,698.79 Crores, comprising non-current assets of ₹2,305.78 Crores and current assets of ₹2,393.01 Crores. Total liabilities stood at ₹1,390.86 Crores, with total equity at ₹3,307.93 Crores.
The company has also provided a cash flow statement detailing operating, investing, and financing activities. Net cash generated from operating activities for the half-year ended September 30, 2026, amounted to ₹368.44 Crores.
Source: BSE
