HEG Management Guidance Tracker
10 forward-looking guidance items tracked across 3 quarters.
Expansion
Capex of ₹650 crore for expansion from 100,000 to 115,000 tons, with production starting in Q1 CY2028.
Q3 FY2615,000-ton capacity expansion on track for early 2028TrackedConstruction progressing as per schedule; long-lead items ordered; target completion by early 2028.
Q4 FY26Capacity expansion to 115,000 tonsTrackedThe expansion from 100,000 to 115,000 tons is progressing as planned, with completion targeted by early 2028.
Other
Scheme of arrangement filed with stock exchanges; approval from NCLT anticipated by April 2026.
Q3 FY26NCLT scheme approval expected by Q1 2027TrackedComposite scheme of arrangement on track; first motion order received; shareholder meetings to follow.
Q4 FY26Graphtech scheme of arrangement timelineActiveThe composite scheme of arrangement for Graphtech is expected to receive NCLT approval in Q2 FY27, subject to shareholder and creditor approvals.
Revenue
Revenue from green tech businesses (anode, BESS, IPP) expected to double in FY27 as projects become operational.
Q3 FY2650-60% of next year's volumes already contracted at similar pricingActiveAnnual contracts for 2026 largely settled; realizations expected to remain similar to recent quarters.
Q4 FY26Price hikes for uncommitted volumesActiveHEG is offering increased prices for uncommitted volumes from H2 FY27, aiming to offset cost inflation from energy and freight.