Peers

HEG Ltd. demonstrates resilience in the electrodes and welding equipment industry, but struggles with profitability and growth compared to its peers. Graphite India Ltd. stands out as a more attractive investment with strong profitability metrics and lower valuation ratios, while Esab India Ltd. excels in efficiency, despite higher valuations. Certain companies like De Nora India Ltd. appear overvalued, while GEE Ltd. shows concerning financial metrics, indicating potential risks.

• • HEG Ltd. has negative revenue growth YoY and lower profitability metrics compared to peers.
• • Graphite India Ltd. offers a strong ROE and lower PE, making it a value pick.
• • Esab India Ltd. leads in efficiency but carries a high valuation, indicating potential overvaluation.
• • Companies like GEE Ltd. and De Nora India Ltd. exhibit concerning financial health.

• • Graphite India Ltd.: Highest ROE (15.22%) and low PE (22.36%), indicating strong profitability at an attractive valuation.
• • Esab India Ltd.: Highest ROA (36.67%) and ROCE (90.72%), showcasing exceptional efficiency and return on equity.