HEG delivered a strong Q1 FY27!

Revenue grew 11.1% YoY to ₹681 Cr, while PAT surged 52.8% to ₹110 Cr.

EPS climbed to ₹5.67. This rebound reflects healthy demand, especially as ex-China global crude steel output rose 2.1% YoY, with India leading at 7.1%. A key growth driver is the accelerating shift to green steel via Electric Arc Furnaces (EAFs). With 71 Mn tonnes of new EAF capacity planned globally by 2028, demand for graphite electrodes is set for structural growth.

HEG is capitalizing on this trend by expanding its capacity by 15,000 tonnes to 115,000 tonnes by 2028. Management remains focused on operational efficiency & disciplined pricing.

HEG is well-positioned to benefit from this EAF-led steelmaking transformation.