Stock · HEG · Capital Goods
HEG share price target 2026
Support, resistance, the F&O structure and the BazaarBaazi Crack Score for HEG LIMITED, refreshed every end-of-day run. A systematic, data-only read on HEG LIMITED: where it trades versus its 50-day and 200-day lines, the live 52-week range, and momentum, refreshed from the scanner's real price series each run.
The verdict
BazaarBaazi reads HEG as constructive with a Crack Score of 77/100 as of 21 Jul 2026.
BazaarBaaziSource & method
The scanner's readScanned · scanned 21 Jul 2026
Where HEG stands on the 500-name BazaarBaazi setup scanner: technicals, filed fundamentals and money flow read together, refreshed every run.
Scanned and scored this run, but the evidence is incomplete or conflicted. The engine fails closed to NO_TRADE.
Technical axis
94/100Fundamental axis
33/100Money flow
67/100Result pulse · Q4 FY26
24/100Technical evidence
price above 50DMA
price above 150DMA
price above 200DMA
50 > 150 > 200 DMA (clean stack)
Chaikin money flow +0.194 (accumulation)
up/down volume 1.35x (buyers dominant)
MFI 74.9
pocket pivot (institutional footprint)
Red flags
above 200DMA (not a confirmed short-side trend)
profit collapse (-54.43% YoY)
weak filed result (score 24.0)
Relative valuation
P/E (TTM)
20.5P/E vs sector
+0.4%Sector percentile
5PEG
n/aScanner levels from the deterministic engine run of 2026-07-21, not a SEBI-registered recommendation and not investment advice. The fundamental axis reads the official filing: Q4 FY26 result.
Price target: support and resistanceComputed 21 Jul 2026
Support and resistance for HEG are read inside the latest show; no spot was printed in the most recent editorial note.
Levels are read inside the latest show. The most recent editorial reference is Systematic Read on 21 Jul 2026.
These are structural reference lines, not a SEBI-registered price target. BazaarBaazi is independent media; the levels frame how the desk reads the HEG chart, refreshed every end-of-day run.
The Crack Score, and how it is built77 / 100 · High conviction
The Crack Score is a deterministic 0 to 100 conviction number. Here is exactly what moved it for HEG, so the figure is a transparent signal rather than a vibe.
Base 50, adjusted by the factors above and clamped to 0 to 100. How the Crack Score works.
The F&O viewHorizon · swing
How the futures and options structure on HEG reads right now.
The editorial price read on HEG is bullish. Strike-level option inventory is unavailable, so the page withholds writer, wall and pin claims. Single-stock F&O on HEG can be thinner than index F&O, so the desk weights price and filed evidence over raw OI. This is not a derivatives trade recommendation.
Why it movedLatest editorial line
The most recent BazaarBaazi read on what is driving HEG.
Systematic read: a disclosed, data-only model on real 1-year price structure.
Read in Systematic Read on 21 Jul 2026. Why HEG moved, the living explainer, tracks every move on one URL.
Latest filed resultsQ4 FY26
HEG LIMITED's most recent quarter, parsed straight from the official NSE filing. Every figure links back to its primary source.
Result Pulse
24 / 100Revenue
Rs 603 crNet profit
Rs -114 crEPS (quarter)
Rs -5.90| Growth | YoY | QoQ |
|---|---|---|
| Revenue | +11.2% | -8.1% |
| Net profit | -54.4% | -155.0% |
| Net margin | -18.9% | |
Figures are the Q4 FY26 result for HEG LIMITED, parsed straight from the official NSE integrated filing and verified to the paisa. The EPS shown is for the quarter, not a trailing-twelve-month figure, so it is not a P/E input.
Earnings history, every filed quarter32 quarters on record
HEG LIMITED's official quarterly revenue, EPS and Result Pulse trail, every quarter the desk holds from the verified filings export, back to 30 Jun 2018. These are quarterly facts, not TTM valuation inputs.
HEG official result trail
32 quarters
Quarterly figures only: revenue, net profit and EPS are copied from official filings. EPS here is not trailing twelve month EPS and is not used for valuation.
| Quarter | Revenue | EPS | PAT YoY | Pulse | Source |
|---|---|---|---|---|---|
| Q4 FY26ended 31 Mar 2026 / Consolidated, audited | Rs 603 cr | Rs 5.90 | n/a | n/a | Filing |
| Q3 FY26ended 31 Dec 2025 / Consolidated, audited | Rs 656 cr | Rs 10.72 | n/a | 68/100 | Filing |
| Q2 FY26ended 30 Sep 2025 / Consolidated, audited | Rs 699 cr | Rs 7.43 | n/a | 68/100 | Filing |
| Q1 FY26ended 30 Jun 2025 / Consolidated, audited | Rs 617 cr | Rs 5.43 | n/a | 58/100 | Filing |
| Q4 FY25ended 31 Mar 2025 / Consolidated, audited | Rs 542 cr | Rs -3.82 | n/a | 42/100 | Filing |
| Q3 FY25ended 31 Dec 2024 / Consolidated, audited | Rs 478 cr | Rs 4.32 | n/a | n/a | Filing |
| Q2 FY25ended 30 Sep 2024 / Consolidated, audited | Rs 568 cr | Rs 4.26 | n/a | n/a | Filing |
| Q1 FY25ended 30 Jun 2024 / Consolidated, audited | Rs 571 cr | Rs 5.97 | n/a | n/a | Filing |
| Q4 FY24ended 31 Mar 2024 / Consolidated, audited | Rs 547 cr | Rs 8.53 | n/a | n/a | Filing |
| Q3 FY24ended 31 Dec 2023 / Consolidated, audited | Rs 562 cr | Rs 11.32 | n/a | n/a | Filing |
| Q2 FY24ended 30 Sep 2023 / Consolidated, audited | Rs 614 cr | Rs 24.87 | n/a | n/a | Filing |
| Q1 FY24ended 30 Jun 2023 / Consolidated, audited | Rs 671 cr | Rs 36.05 | n/a | n/a | Filing |
| Q4 FY23ended 31 Mar 2023 / Consolidated, audited | Rs 617 cr | Rs 25.84 | n/a | n/a | Filing |
| Q3 FY23ended 31 Dec 2022 / Consolidated, audited | Rs 530 cr | Rs 27.13 | n/a | n/a | Filing |
| Q2 FY23ended 30 Sep 2022 / Consolidated, audited | Rs 598 cr | Rs 43.77 | n/a | n/a | Filing |
| Q1 FY23ended 30 Jun 2022 / Consolidated, audited | Rs 722 cr | Rs 41.20 | n/a | n/a | Filing |
| Q4 FY22ended 31 Mar 2022 / Consolidated, audited | Rs 673 cr | Rs 33.49 | n/a | n/a | Filing |
| Q3 FY22ended 31 Dec 2021 / Consolidated, audited | Rs 597 cr | Rs 29.40 | n/a | n/a | Filing |
| Q2 FY22ended 30 Sep 2021 / Consolidated, audited | Rs 518 cr | Rs 34.07 | n/a | n/a | Filing |
| Q1 FY22ended 30 Jun 2021 / Consolidated, audited | Rs 414 cr | Rs 14.71 | n/a | n/a | Filing |
| Q4 FY21ended 31 Mar 2021 / Consolidated, audited | Rs 380 cr | Rs -4.17 | n/a | n/a | Filing |
| Q3 FY21ended 31 Dec 2020 / Consolidated, audited | Rs 320 cr | Rs -0.21 | n/a | n/a | Filing |
| Q2 FY21ended 30 Sep 2020 / Consolidated, audited | Rs 323 cr | Rs -3.98 | n/a | n/a | Filing |
| Q1 FY21ended 30 Jun 2020 / Consolidated, audited | Rs 233 cr | Rs 3.71 | n/a | n/a | Filing |
| Q4 FY20ended 31 Mar 2020 / Consolidated, audited | Rs 374 cr | Rs -97.67 | n/a | n/a | Filing |
| Q3 FY20ended 31 Dec 2019 / Consolidated, audited | Rs 394 cr | Rs -0.32 | n/a | n/a | Filing |
| Q2 FY20ended 30 Sep 2019 / Consolidated, audited | Rs 564 cr | Rs 52.42 | n/a | n/a | Filing |
| Q1 FY20ended 30 Jun 2019 / Consolidated, audited | Rs 817 cr | Rs 63.09 | n/a | n/a | Filing |
| Q4 FY19ended 31 Mar 2019 / Standalone, audited | Rs 1,347 cr | Rs 131.39 | n/a | n/a | Filing |
| Q3 FY19ended 31 Dec 2018 / Standalone, audited | Rs 1,865 cr | Rs 216.93 | n/a | n/a | Filing |
| Q2 FY19ended 30 Sep 2018 / Standalone, audited | Rs 1,794 cr | Rs 222.45 | n/a | n/a | Filing |
| Q1 FY19ended 30 Jun 2018 / Standalone, audited | Rs 1,587 cr | Rs 192.77 | n/a | n/a | Filing |
The official financialsFiled to 31 Mar 2026
HEG LIMITED's statements as filed: trailing twelve month P&L, the balance sheet, and the cash engine. Parsed from official XBRL, shown in crore.
Trailing twelve months, on filed quarters
Revenue (TTM)
2,569 crNet profit (TTM)
341 crEBIT (TTM)
326 crProfit before tax (TTM)
289 crNet margin (TTM)
13.3%Finance costs (TTM)
37.2 crBalance sheet, as filed 2026-03-31
Total assets
6,166 crShareholder equity
4,758 crTotal borrowings
793 crCash and equivalents
40.6 crInventory
1,134 crTrade receivables
500 crThe cash engine, latest filed year
Operating cash flow
213 crCapex
253 crFree cash flow
-39.5 crInvesting flow
-320 crFinancing flow
96.9 crAnnual trail, filed year over filed year
| Year | Revenue | Net profit | Equity | Borrowings | CFO |
|---|---|---|---|---|---|
| FY26 | 2,569 cr | 341 cr | 4,758 cr | 793 cr | 213 cr |
| FY25 | 2,160 cr | 115 cr | 4,454 cr | 587 cr | 280 cr |
| FY24 | 2,395 cr | 312 cr | 4,426 cr | 619 cr | 612 cr |
| FY23 | 2,467 cr | 532 cr | 4,281 cr | 741 cr | 113 cr |
| FY22 | 2,202 cr | 431 cr | 3,914 cr | 663 cr | -141 cr |
| FY21 | 1,256 cr | -17.9 cr | 3,495 cr | 297 cr | n/a |
Every figure is parsed from HEG LIMITED's official NSE XBRL filings by the BazaarBaazi earnings lab and shown in crore rupees. Display data, not a valuation model input.
Management on record28 earnings calls
Every HEG earnings call BazaarBaazi has indexed, latest 31 May 2026. Read management in its own words, straight from the filed transcript.
HEG LIMITED earnings calls on record
28 calls since 30 Nov 2019
Show 20 older calls
Each entry links to the transcript PDF the company filed with the exchange. Primary sources, in management's own words.
What changed2 disclosures
Every recent official filing from HEG LIMITED, straight from the exchange feed, with the BazaarBaazi Event Heat on the disclosure flow.
HEG LIMITED has filed 2 official disclosures recently. The most recent is a Earnings dated 31 Mar 2026.
Event Heat
50 / 100Event Heat is a dated net read of HEG LIMITED's last 180 days of official disclosures, balancing the constructive filings against the ones to watch. It is a signal from what the company has filed, not investment advice. Every line above links to its official exchange filing, and the full market desk is at the disclosures hub.
Key fundamentalsEditorial reference
The anchor data BazaarBaazi references when reading the HEG chart. Not a substitute for a registered research note.
| Ticker | HEG |
|---|---|
| Full name | HEG LIMITED |
| Sector | Capital Goods |
| Index class | MID CAP |
| ISIN | INE545A01024 |
| Market-cap band | ~11,665 cr (indicative) |
| Last referenced level | Inside latest show |
| Last session move | Not referenced this cycle |
| Editorial line in | Systematic Read on 21 Jul 2026 |
| Aliases tracked | HEG |
Reference chartLevels in show
The daily frame the desk reads on HEG.
FAQ11 reader questions · AEO-eligible
The line on HEG, distilled and schema-marked for AI Overview, Perplexity, and reader search.
What is the HEG share price target for 2026?
BazaarBaazi does not publish a SEBI-registered price target on HEG. The desk reads structural support and resistance inside each show against the printed spot; the most recent editorial line is Systematic Read on 21 Jul 2026.
What is BazaarBaazi's Crack Score for HEG?
The BazaarBaazi Crack Score for HEG is 77 out of 100 as of 21 Jul 2026, a high conviction reading. It is a computed conviction number from the signed stance, how consistent the recent verdicts have been, the quality of the printed structure, and how fresh the review is. It is a transparency signal, not investment advice.
What is the F&O view on HEG?
Strike-level option inventory for HEG is unavailable, so BazaarBaazi withholds participant, direction and positioning claims. The editorial chart stance is not substituted for an option-chain observation.
What sector is HEG in and which peers does BazaarBaazi track?
HEG sits in Capital Goods (mid cap), indicative market cap ~11,665 cr (indicative), ISIN INE545A01024. The peers BazaarBaazi reads alongside it are USHA MARTIN LIMITED, AIA Engineering Limited, Premier Energies Limited. A systematic, data-only read on HEG LIMITED: where it trades versus its 50-day and 200-day lines, the live 52-week range, and momentum, refreshed from the scanner's real price series each run.
How often is the HEG view updated?
This page is one evergreen URL refreshed in place. The Crack Score and levels re-compute on every BazaarBaazi end-of-day run, and the dated stamp shows the last refresh. The latest signed verdict on HEG is bullish, published in Systematic Read on 21 Jul 2026.
Is HEG a qualifying setup on the BazaarBaazi scanner right now?
On the 2026-07-21 run of the 500-name BazaarBaazi setup scanner, HEG LIMITED sits in the Scanned tier with a setup score of 66/100 (technical 94, fundamental 33). The scanner is a deterministic engine over real OHLCV and official filings, refreshed nightly, and it is a signal rather than investment advice.
Where can I read HEG LIMITED's earnings call transcripts?
BazaarBaazi indexes 28 HEG earnings calls going back to 2019-11-30, latest 2026-05-31. Every entry on this page links straight to the transcript PDF the company filed with the exchange, so you read management in the primary source.
What was HEG LIMITED's Q4 FY26 net profit?
HEG LIMITED reported a net profit of Rs -114 cr for Q4 FY26 (the quarter ended 31 March 2026). That is -54.4% year on year. The figure is from the company's official NSE filing.
What was HEG LIMITED's Q4 FY26 revenue?
HEG LIMITED reported revenue of Rs 603 cr for Q4 FY26. That is +11.2% year on year. The figure is from the company's official NSE filing.
How does BazaarBaazi rate HEG LIMITED's Q4 FY26 result?
BazaarBaazi gives HEG LIMITED's Q4 FY26 result a Result Pulse of 24 out of 100, with a verdict of Weak. The Result Pulse is a BazaarBaazi editorial score for the quality of the filed result, not investment advice.
What has Heg Ltd announced recently?
The most recent official filing on record for Heg Ltd is an earnings dated 31 Mar 2026. It is the company's own earnings disclosure to the exchange, and it links to that filing on the BazaarBaazi stock page rather than to any third-party summary.
Related stock views
The names BazaarBaazi reads alongside HEG, each a living view refreshed every end-of-day run.