StoxHBL Engineering vs HEG Advanced Materials: share price & financials comparison
NSE: HBLENGINE vs HEGAM · Capital Goods · as of 13 Nov 2026
Both prices rebased to 100 at the start of the selected period.
HBL Engineering vs HEG Advanced Materials at a glance
HBL Engineering (HBLENGINE) has a market capitalisation of ₹22,164 Cr, against ₹9,163 Cr for HEG Advanced Materials (HEGAM). Over the past year HBL Engineering has returned -19.6%, compared with -52.1% for HEG Advanced Materials. On valuation, HEG Advanced Materials trades at a lower P/E of 22.9 versus 60.7. HEG Advanced Materials earns a higher return on equity (16.0% vs 14.7%). HBL Engineering comes out ahead on size, growth, financial health, momentum and technicals. HEG Advanced Materials comes out ahead on valuation and profitability. Across the scored metrics below, HBL Engineering leads on 11 and HEG Advanced Materials on 5. On StoxGud's 10-point checklist, HBL Engineering scores 6/10 and HEG Advanced Materials scores 4/10.
| Metric | HBL Engineering | HEG Advanced Materials |
|---|---|---|
| Size | ||
| Market cap | ₹22,164 Cr | ₹9,163 Cr |
| Revenue (latest FY) | ₹3,303 Cr | ₹2,568 Cr |
| Net profit (latest FY) | ₹815 Cr | ₹341 Cr |
| Valuation | ||
| P/E | 60.7 | 22.9 |
| P/B | 8.91 | 3.66 |
| Dividend yield | — | 0.40% |
| Profitability | ||
| Return on equity | 14.7% | 16.0% |
| Net profit margin | 12.2% | 16.9% |
| Operating margin | 25.2% | 14.4% |
| Growth | ||
| Revenue growth (YoY) | -28.7% | -38.5% |
| Net profit growth (YoY) | — | +114.0% |
| Revenue CAGR (multi-year) | +29.4% | +15.4% |
| Financial health | ||
| Debt to equity | 0.01 | 0.45 |
| Momentum | ||
| 1-month return | +12.2% | +20.8% |
| 1-year return | -19.6% | -52.1% |
| 3-year CAGR | +35.0% | -4.1% |
| 5-year CAGR | +73.4% | -8.1% |
| 10-year CAGR | +35.8% | +24.3% |
| Distance from 52W high | -27.2% | -62.4% |
| Technicals | ||
| RSI (14) | 57 | 79 |
| Price vs 200-day avg | +6.9% | -45.3% |
Highlighted cells lead on that metric. Market cap, revenue and RSI are shown for context and not scored.
10-point checklist side by side
| Check | HBL Engineering | HEG Advanced Materials |
|---|---|---|
| Price above 50-day average | ✓ | ✗ |
| Price above 200-day average | ✓ | ✗ |
| 50-day average above 200-day (uptrend) | ✓ | ✗ |
| RSI in healthy 40–70 zone | ✓ | ✗ |
| Positive 1-year return | ✗ | ✗ |
| Return on equity above 15% | ✗ | ✓ |
| Debt to equity below 1 | ✓ | ✓ |
| Revenue growing year on year | ✗ | ✗ |
| Net profit margin above 10% | ✓ | ✓ |
| P/E below industry median | ✗ | ✓ |
| Score | 6/10 | 4/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, HBL Engineering or HEG Advanced Materials?
HBL Engineering has a market cap of ₹22,164 Cr and HEG Advanced Materials has a market cap of ₹9,163 Cr as of 13 Nov 2026.
Which has a lower P/E, HBL Engineering or HEG Advanced Materials?
HEG Advanced Materials has the lower P/E: HBL Engineering trades at 60.7 and HEG Advanced Materials at 22.9.
Which gave better returns in the last year, HBL Engineering or HEG Advanced Materials?
HBL Engineering did better: HBL Engineering returned -19.6% and HEG Advanced Materials returned -52.1% over one year.
What is the difference between HBL Engineering and HEG Advanced Materials?
Both are NSE-listed companies in Capital Goods. HBL Engineering is about 2.4 times the size of HEG Advanced Materials by market cap. In the latest financial year HBL Engineering reported revenue of ₹3,303 Cr and HEG Advanced Materials ₹2,568 Cr. Operating margin is 25.2% for HBL Engineering and 14.4% for HEG Advanced Materials. Debt to equity is 0.01 for HBL Engineering and 0.45 for HEG Advanced Materials.
Which is better, HBL Engineering or HEG Advanced Materials?
It depends on what you are looking for, and StoxGud does not recommend either stock. On the metrics compared above, HBL Engineering leads on 11 and HEG Advanced Materials on 5. HBL Engineering is ahead on size, growth, financial health, momentum and technicals. HEG Advanced Materials is ahead on valuation and profitability. On StoxGud's rules-based checklist HBL Engineering scores 6/10 and HEG Advanced Materials scores 4/10. This is information, not advice: consult a SEBI-registered adviser before investing.