HEG Ltd.

NSE: HEG | BSE: 509631 | ISIN: INE545A01024 | Industry: Other Industrial Goods
| Mid-range Performer

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HEG Ltd.
19 Feb 2019
400.20
-1.46%
ICICI Securities Limited
The revenue from operation came in at |1865 crore (up 121% YoY, 4% QoQ) higher than our estimates of |1630.8 crore. Utilization for the quarter came in at ~82%, broadly in line with our estimate of 85%. HEG reported an EBITDA of |1313.5 crore higher than our estimate | 1021.5 crore, the resultant EBITDA margin came in at 70.4% (as against our estimate of 62.6%, Q3FY18: 66.2%, Q2FY19: 76.2%)....
HEG Ltd. average weekly volume is high.
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