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    ISGEC Heavy

    Diversified heavy-engineering group: machinery manufacturing, EPC projects, and sugar & ethanol.

    Construction
    Industrials
    View ISGEC earnings calls
    ₹925
    -7.95% from avg

    Overview

    Price

    ₹925

    Market Cap

    ₹6.3k Cr

    Sector

    Construction

    Industrials

    Rank

    5

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital77777777
    Reserves1.8k2.0k2.1k2.3k2.5k2.7k2.8k2.7k
    Borrowings9919831.2k1.2k814861925951
    Other Liabilities3.2k3.4k3.4k3.5k4.5k4.4k4.2k4.4k
    Total Liabilities5.9k6.4k6.7k7.1k7.8k8.0k7.9k8.1k
    AssetsFixed Assets8338039779479569739601.8k
    CWIP7068937028059596699137
    Investments98601353329854366
    Other Assets4.3k4.7k4.9k5.3k5.9k6.9k6.8k6.1k
    Total Assets5.9k6.4k6.7k7.1k7.8k8.0k7.9k8.1k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating-238104228-70208735116765
    Cash from Investing73-328-164-159-43-274-274-131
    Cash from Financing93295-89176-98-487108-341
    SummaryCapital Expenditure
    Free Cash Flow-363-328-11-13551493-119600
    FCF Margin

    Valuation

    Too capital-hungry for an earnings DCF

    For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.

    ISGEC · CAPITAL_INTENSIVE

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