HEG Limited has announced its financial performance for the quarter and year ended March 31, 2026. The company has recommended a final dividend of ₹3.40 per share. Alongside the financial results, the Board approved strategic updates, including the continuation of Shri Shekhar Agarwal as a Director, key auditor re-appointments, and the creation of security for financing arrangements for its wholly-owned subsidiary, TACC Limited.
Financial Highlights
For the financial year ended March 31, 2026, HEG Limited reported consolidated revenue from operations of ₹2,568.50 crore. The consolidated profit after tax for the year stood at ₹337.97 crore. For the quarter ended March 31, 2026 (Q4), the company reported a consolidated revenue of ₹603.21 crore. The company’s performance reflects the ongoing market dynamics within its core graphite and power segments.
Dividend and Strategic Decisions
The Board of Directors has recommended a final dividend of ₹3.40 per equity share (face value of ₹2 each) for the financial year 2025-26. This recommendation is subject to the approval of shareholders at the upcoming Annual General Meeting. Additionally, the Board has approved the continuation of Shri Shekhar Agarwal as a Non-Executive Non-Independent Director, acknowledging his leadership as he approaches the age of 75.
Operational Updates and Subsidiary Support
The Board has formalized support for its wholly-owned subsidiary, TACC Limited, by approving the creation of security in favor of the Security Trustee. This support is linked to credit facilities aggregating up to ₹1,239 crore availed by TACC Limited from the State Bank of India. The security measures include a pledge of 51% of the equity shares of TACC Limited, a non-disposal undertaking for the remaining 49%, and hypothecation over unsecured loans and quasi-equity contributions.
Corporate Governance and Appointments
In line with maintaining robust financial oversight, the Board has approved the re-appointment of the following auditors for the upcoming financial year:
- Cost Auditor: M/s. N. D. Birla & Co. for FY 2026-27.
- Internal Auditor: M/s. S.L. Chhajed & Co. LLP for FY 2026-27.
- Tax Auditor: M/s. SCV & Co. LLP for FY 2025-26.
Furthermore, the Board has approved amendments to the company’s Code of Conduct for Procedure of Fair Disclosure of Unpublished Price Sensitive Information, ensuring alignment with the latest regulatory standards.
Source: BSE
