HEG / Q3-FY26 / risks

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HEG · Material risks, their source context, and severity in the latest available quarter.

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PositiveQ3-FY26 · 2026-01-20Back to quarter ↗

Risk intelligence

Material risks this quarter

Sustained pricing pressure from Chinese exports

Chinese steel exports rose 78% over six years, intensifying competition and keeping electrode prices low.

high

US tariff impact on profitability

18% duty on Indian electrode exports to US remains a drag; management acknowledged it will hit bottom line but is manageable.

medium

Graphite India's financial distress may not lead to capacity closure

Analyst raised concern about Graphite India's losses; management downplayed closure risk but did not provide concrete assurance.

medium