HEG Advanced Materials Ltd
HEG Advanced Materials facilitates HEG Limited Q2 FY27 unaudited results disclosure
RESULTS
● No Immediate Change
LOW RISK
📅 Filed on BSE: 30 Oct 2026, 06:43 PM IST · BSE ID: f63ec5c7-0309-4ecf-870d-fa1cbfe91bd1
View Original BSE Filing (PDF)
💡
In Simple Terms
HEG Advanced Materials shared financial results for HEG Limited, a new company formed from a recent business split, while its shares await listing.
🤖 AI Summary
- HEG Advanced Materials disclosed HEG Limited's unaudited financial results for quarter and half year ended September 30, 2026.
- This disclosure is an interim measure for HEG Limited, whose equity shares are currently unlisted pending approvals.
- The financial results of HEG Limited pertain to the Resulting Company under the Composite Scheme of Arrangement.
- HEG Limited's Revenue from operations for H1 FY27 stood at INR 1,421.31 Crores, with Profit before tax at INR 319.71 Crores.
- The Composite Scheme of Arrangement involving HEG Advanced Materials and HEG Limited was approved by NCLT on August 13, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Revenue from operations (H1 FY27)
INR 1,421.31 Crores
Profit before tax (H1 FY27)
INR 319.71 Crores
Profit for the period (H1 FY27)
INR 251.67 Crores
Graphite Segment Revenue (H1 FY27)
INR 1,418.17 Crores
🏢 How This Affects the Company
This filing reflects the financial performance of HEG Limited's demerged graphite business and TAWA power plant assets, post-scheme implementation. It clarifies the operational structure following the Composite Scheme of Arrangement.
HEG Limited reported Revenue from operations of INR 1,421.31 Crores and Profit before tax of INR 319.71 Crores for the half year ended September 30, 2026. These figures provide a financial benchmark for the newly separated entity.
The disclosure highlights the formal separation and ongoing operations of the graphite business and power segment under the new HEG Limited entity, as per the NCLT-approved scheme.
The ongoing process of obtaining listing and trading approvals for HEG Limited introduces a temporary period where financial performance is disclosed by a separate listed entity. This is an interim arrangement.
👥 What This Means For Shareholders
✅
Action Required
No action is required by shareholders of HEG Advanced Materials Limited based on this disclosure.
👤
Who Is Affected
Shareholders of HEG Advanced Materials Limited are indirectly affected as this filing provides financial transparency regarding the demerged entity, HEG Limited, which was part of the Composite Scheme of Arrangement.
🔍
Management Signal
The management's decision to disclose HEG Limited's results via HEG Advanced Materials signals a commitment to transparency for shareholders and investors during the listing process.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
HEG Limited's equity share listing and trading approvals from stock exchanges.
Future financial disclosures from HEG Limited after its independent listing.
Any further updates on the Composite Scheme of Arrangement implementation details.
LOW RISK
The filing is a transparent update on an ongoing corporate restructuring and financial performance of a demerged entity.
💡 Investor Takeaway
HEG Advanced Materials disclosed unaudited H1 FY27 results for the demerged HEG Limited, showing Revenue from operations of INR 1,421.31 Crores and Profit before tax of INR 319.71 Crores. This is an interim reporting measure as HEG Limited awaits its own listing.
⚖️ Strengths & Concerns
✅ Positives
- HEG Limited reported strong H1 FY27 Revenue from operations of INR 1,421.31 Crores, indicating solid performance post-demerger.
- Profit before tax for HEG Limited reached INR 319.71 Crores for H1 FY27, showcasing profitability in its initial reporting period.
⚠️ Concerns
- HEG Limited's equity shares are presently unlisted, requiring disclosure through HEG Advanced Materials as an interim measure.
- The limited review report notes that prior period financial information includes results extracted from HEG Advanced Materials, affecting direct comparability.
📅 Company Track Record
HEG Advanced Materials Limited (formerly HEG Limited) completed a Composite Scheme of Arrangement, with HEG Limited (formerly HEG Graphite Limited) as the Resulting Company. The NCLT approved this scheme on August 13, 2026. Prior filings indicate HEG's board approved FY26 audited results and a Rs. 3.40 dividend on April 29, 2026.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What financial results did HEG Advanced Materials disclose for HEG Limited?
HEG Advanced Materials disclosed unaudited financial results for HEG Limited for the quarter and half year ended September 30, 2026. For H1 FY27, HEG Limited reported Revenue from operations of INR 1,421.31 Crores and Profit before tax of INR 319.71 Crores.
Why is HEG Advanced Materials disclosing financial results for HEG Limited?
HEG Advanced Materials is disclosing results for HEG Limited (formerly HEG Graphite Limited) as an interim measure because HEG Limited's equity shares are currently unlisted, pending listing and trading approvals from stock exchanges.
What is the status of HEG Limited's listing?
The equity shares of HEG Limited are presently unlisted, and the process of obtaining listing and trading approvals from the stock exchanges is underway. This arrangement is proposed as an interim measure.
When was the Composite Scheme of Arrangement approved for HEG Limited?
The Composite Scheme of Arrangement, involving HEG Advanced Materials and HEG Limited, was approved by the Hon'ble National Company Law Tribunal (NCLT) through its order dated August 13, 2026.
Questions based on this BSE filing only. For information purposes.