ISGEC · Isgec Heavy Engineering Ltd · Construction Services
ISGEC · Isgec Heavy Engineering Ltd · Construction Services
As of 06 Nov close
52-week range
13.8% below 52-week high
52-week range: as of 06 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 16 Oct 2026
Revenue (latest Q)
₹1,980 Cr
Revenue YoY
PAT YoY
+29.1%
Operating margin
Revenue, last 5 quarters
P/E (TTM)
P/B
2.5
P/S (TTM)
Not available from data source
Sector P/E
Not available from data source
Dividend yield
+0.7%
Source: Yahoo Finance, as of 29 Oct 2026
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| ISGEC (this stock) | 25.4 | 2.5 | +0.9% | +2.4% | 0.35 | +0.7% |
| DLF * | 34.5 | 3.5 | +65.8% | +9.8% | 0.01 | +1.2% |
| Lodha Developers * | 23.1 | 4.6 | +22.7% | +17.7% | 0.42 | +0.4% |
| Indus Towers * | 14.4 | 2.4 | +21.8% | +17.3% | 0.52 | +3.6% |
* Net margin, ROE, D/E and dividend yield for these companies come from RedixFi fundamentals; the data vendor had no values for them.
Promoter
stable
FII
falling 1q
MF
9.63% (+0.21pp)
rising 3q
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
No related news.
Concalls & investor presentations
AI-generatedKey takeaway: The investor presentation for Isgec Heavy Engineering Ltd. for Q2 and H1 FY27 highlights the company's financial performance, operational achievements, and strategic direction. Standalone total income grew by 18% YoY in Q2 FY27 and 33% in H1 FY27, with PBT increasing by 38% and 24% respectively. The Manufacturing segment saw revenue growth of 17% in Q2 and 38% in H1, while Industrial Projects grew by 22% and 37% respectively. Consolidated figures show total income growth of 10% in Q2 and 25% in H1, with PBT rising 102% and 62% respectively. The order book reached an all-time high of Rs. 87,570 Mn as of 30 September 2026, with a book-to-bill ratio of 1.6x for H1 FY27. The company emphasized its global presence with clients in 99 countries, strategic technology partnerships, and a strong balance sheet with a 46% reduction in net debt. Exports grew by 91% YoY in Q2 FY27, supported by a weaker rupee. The presentation also outlined the company's ESG initiatives, including renewable energy integration and waste management improvements.
The document emphasizes strong financial growth, record order books, and strategic advancements, reflecting a positive outlook.
Sourced from an exchange-filed presentation, dated 05 Nov 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation by Isgec Heavy Engineering Limited, dated August 12, 2026, provided an overview of the company's financial performance for the quarter ended June 30, 2026. Management reported a total income growth of 45% year-over-year (YoY) and a 31% increase in profit after tax (PAT) YoY. The manufacturing of machinery and equipment segment saw a revenue growth of 67%, while industrial projects and sugar & ethanol segments also experienced significant growth. The company highlighted its robust order book, amounting to Rs. 89,580 million, with a diversified client base across various sectors and geographies. The presentation emphasized the company's commitment to sustainable growth and its strong credit profile, supported by technology partnerships with global firms. Management noted the importance of maintaining a diversified business model to mitigate industry cyclicality.
Management emphasized strong financial growth and a robust order book.
Sourced from an exchange-filed presentation, dated 12 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Management reported that Isgec Heavy Engineering Limited's standalone revenue for FY26 grew by 4.2% to INR 5,229 crores, with Q4 standalone revenue increasing by 16% year-on-year. The standalone profit before tax (PBT) rose 17% to INR 455 crores, although management noted that approximately INR 80 crores of this was related to the Philippines business, which does not reflect core operational earnings. The manufacturing EBIT margins were reported at 12.46%, while project business EBIT margins stood at 4.58%. Export revenue more than doubled year-on-year to INR 1,169 crores, constituting about 22% of total revenue. Management set a goal for FY27 standalone revenue growth of 10% to 12%, with an opening order book of INR 7,000 crores. The company also highlighted ongoing capacity expansions and improvements in net borrowings, which decreased significantly from INR 836 crores to INR 476 crores.
Management provided a balanced overview of financial performance and future goals.
Sourced from an exchange-filed transcript, dated 03 Jun 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation by Isgec Heavy Engineering Limited, dated May 29, 2026, provided an overview of the company's financial performance for the quarter and year ended March 31, 2026. Management reported a total income growth of 21% year-over-year for Q4FY26 and 7% for FY26, with a significant increase in profit after tax (PAT) of 361% for Q4 and 25% for the full year. The presentation highlighted a robust order book of Rs. 79,840 million as of March 31, 2026, with a diversified business model across sectors such as industrial projects and manufacturing. Management emphasized the company's strong credit profile and strategic technology partnerships, alongside a commitment to sustainable growth and ESG practices. The document also noted the reclassification of the Cavite Biofuel Producers Inc. in the Philippines back to continuing operations due to changing market conditions.
Management highlighted strong financial growth and a robust order book.
Sourced from an exchange-filed presentation, dated 29 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: During the earnings conference call held on February 10, 2026, management of Isgec Heavy Engineering Limited reported a 21% increase in stand-alone total income for the quarter ended December 2025, reaching INR 1,365 crores, and a 27% rise in profit before tax to INR 99 crores. Consolidated total income also rose by 17% to INR 1,765 crores, with profit before tax from continuing operations increasing by 72% to INR 150 crores. Management highlighted strong order bookings, with stand-alone orders at INR 1,426 crores and a comfortable order book of INR 7,649 crores. They discussed ongoing expansion plans in the Machine Building division, including significant capital investments aimed at increasing revenue capacity. Management noted that market demand remains encouraging, with a focus on exports and diversification across sectors. They also addressed challenges related to commodity prices and the status of their subsidiary, Cavite Biofuel, which is classified as held for sale.
Management emphasized strong financial performance and growth opportunities.
Sourced from an exchange-filed transcript, dated 16 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Isgec Heavy Engineering Limited's investor presentation, dated February 10, 2026, provided an overview of the company's financial performance for the quarter and nine months ended December 31, 2025. The presentation highlighted a total income growth of 21.1% year-over-year for Q3 FY26 and a 28.2% increase in profit after tax (PAT). For the nine-month period, total income grew by 2.1% and PAT by 6.8%. The company reported a robust order book of Rs. 87,090 million as of December 31, 2025, with a diversified revenue model across various sectors, including industrial projects and manufacturing. Management emphasized the company's strong credit profile and strategic technology partnerships, while also noting ongoing efforts in sustainability and governance. The document included detailed financial highlights and segmental performance metrics.
Management emphasized growth and a strong order book.
Sourced from an exchange-filed presentation, dated 10 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedIsgec Heavy Engineering Limited emphasizes its role as an integrated engineering conglomerate with a diversified business model, leveraging advanced manufacturing, global technology partnerships, and project execution capabilities. The company highlights its strategic focus on innovation, digitalization, and sustainability, aligning with global trends in energy transition and defence spending. It also notes the impact of geopolitical events and the importance of India's growth trajectory in shaping its business outlook.
- Integrated engineering approach with diversified business segments and global partnerships
- Strategic investments in innovation, digitalization, and sustainability
- Alignment with global energy transition and rising defence spending trends
Key takeaway: Isgec Heavy Engineering Limited is positioning itself to capitalize on global trends in energy transition, defence spending, and supply chain diversification through its integrated engineering capabilities and strategic investments in innovation and sustainability.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (1 item); Default / Covenant Breach (2 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
1 occurrenceRecent (last 12 months)
The auditor's report of the subsidiary Bioeq Energy Holdings Corp. (BEHC) includes an 'Emphasis of matter' paragraph highlighting a capital deficiency of INR 44,277.56 lakhs as of March 31, 2026, which may cast doubt on the group's ability to continue as a going concern.
Default / Covenant Breach
2 occurrencesRecent (last 12 months)
The company has outstanding tax dues under various acts, with amounts unpaid and disputes pending in specific forums.
Earlier (1-3 years ago)
The excerpt mentions reviewing reasons for substantial defaults in payment to depositors, debenture holders, and shareholders.
Routine disclosures
Contingent Liability
3 occurrencesRecent (last 12 months)
The company has contingent liabilities of ₹1,173.13 lakh as of March 31, 2026, related to claims not acknowledged as debts, including indirect and direct tax matters, and duty paid under protest for appeal.
Earlier (1-3 years ago)
The company has provided a corporate guarantee to HSBC Philippines to provide a Working Capital Facility to Cavite Biofuels Producers Inc.
Older (3+ years ago)
The company has provided Standby Letters of Credit (SBLC) under Non Fund Based limits to secure term loans and working capital facilities for its subsidiaries Eagle Press & Equipment Co. Ltd. in Canada and Cavite Biofuels Producers Inc. in the Philippines.
Related-Party Transaction
3 occurrencesRecent (last 12 months)
The company has transactions with Yamuna Syndicate Limited, an entity over which key management personnel (Mr. Aditya Puri and Mr. Ranjit Puri) can exercise significant influence, including purchases of goods and fixed assets.
Earlier (1-3 years ago)
The company has disclosed related party transactions as required by Ind AS 24, including a list of related parties in the annual report.
Older (3+ years ago)
The company entered into related party transactions not executed in the ordinary course of business and not on an arm's length basis. The company obtained necessary approvals from the Audit Committee before entering into these transactions as required by the Companies Act, 2013 and SEBI regulations.
Statutory dues in dispute
1 occurrenceOlder (3+ years ago)
The company has unpaid dues related to the Central Excise Act and Local Area Tax, with amounts unpaid ranging from 2006-07 to 2017-18, pending in various forums including the Hon'ble Supreme Court of India.