ISGEC Heavy Q4 FY26 results (Jan–Mar 2026) and concall

Construction · Concall AI · Call held 29 May 2026

Company page: ISGEC Heavy share price, financials & guidance record

ISGEC Heavy Engineering reported a mixed Q4 and FY26, with strong standalone PBT growth and significant export revenue increase, though overall standalone revenue growth missed guidance. Consolidated PAT declined due to reclassification and losses from the Philippines ethanol plant. The company provided optimistic guidance for FY27, expecting revenue growth of 10-12% and improved project business margins, while actively managing input cost pressures and currency risks.

You’re reading a preview. Opening the full call uses 1 concall credit.

What they filed

Q4 FY26: revenue up 17.4%, net profit down 13.3% against the same quarter last year.

₹ Cr · quarterly

Line item	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26
Revenue	1,644	1,495	1,744	1,356	1,691 +3%	1,739 +16%	2,048 +17%
Expenses	1,517	1,364	1,592	1,232	1,544	1,545	1,892
EBITDA	127	132	152	124	147 +16%	194 +47%	156 +3%
Margin	8%	9%	9%	9%	9%	11%	8%
Other income	34	-31	3	18	-7	-26	63
Interest	8	8	13	26	19	17	20
Depreciation	26	40	12	71	27	28	68
Profit before tax	128	52	130	45	94 −27%	123 +137%	131 +1%
Tax rate	25%	56%	24%	70%	40%	31%	35%
Net profit	96	23	98	13	56 −42%	84 +265%	85 −13%
EPS	12.59	2.73	12.40	0.94	5.98	9.49	9.96

How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.

What they filed

More Construction earnings calls