HEG LTD

HEG Limited held its Q1 FY27 Earnings Conference Call on July 24, 2026, where management discussed the impact of global events on the steel industry and HEG's performance. Management reported a marginal decline in global steel production, with a slight contraction of 0.7% year-on-year, while steel production outside China grew by 2.1%. HEG's revenue from operations increased by 11% year-on-year to INR681 crores, with a stand-alone profit after tax rising by 53% to INR110 crores. The company maintained a capacity utilization of over 90%. Management highlighted ongoing geopolitical tensions affecting costs and trade policies, but expressed confidence in long-term demand for graphite electrodes due to the shift towards electric arc furnace steelmaking. The demerger process was also noted to be progressing well, with updates to be provided soon.

Management emphasized strong financial performance and long-term growth prospects despite external challenges.