Results - Announcements
HEG Advanced Materials Ltd share price jumped 19.81% to Rs 288.45 after the company's net profit surged by 97.03% to Rs 306.07 crore, while revenue from operations gained significantly 45.32% to Rs 429.94 crore in Q3FY26 over Q2FY26.
The market capitalization of Electrodes & Refractories industry group stocks on BSE stood at Rs 54027.77 crore, gaining 8.80%. It has marginally improved by 3.69% over last one week and dipped slightly by 6.19% in last one month while the market capitalization of HEG Advanced Materials Ltd has sharply increased by 18.63% and 26.84% in the same period respectively.
Profit before tax (PBT) of HEG Advanced Materials Ltd stood at Rs 375.71 crore in Q3 FY26, rallying 57.43% year-on-year, and surging by 100.65% quarter-on-quarter. EBITDA came in at Rs 79 crore, jumping 182.44% YoY and expanding by 15.88% sequentially.
Total expenses increased by 16.60% to Rs 248.35 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 203.12 crore, soaring by 108.03% YoY, while employee benefits expense was at Rs 41.0 crore, surging 30.41% YoY.
For the TTM ended FY26, revenue from operations sank 57.74% to Rs 909.66 crore, while net profit saw a strong growth of 223.54% to Rs 383.75 crore, compared to previous TTM. EBITDA tanked by 1679% to Rs 200.09 crore, and PBT soared 216.68% to Rs 522.87 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 213.19 crore in FY26, as against Rs 279.71 crore in FY25.
HEG Advanced Materials Ltd surged by 39.45% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 7.38% during the same period.