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ISGEC Heavy share price & results

ISGEC Heavy· Construction· Industrials

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

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

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue1,980 ₹ crore+46.0% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin6.0 %−3.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit18.0 ₹ crore+38.5% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity9.65 %−3.0 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin8.85 %+10.7 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)19.54 %+2.3 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

0 of 2 judged targets kept · 18 open · verdicts reflect calls analysed to Q1 FY27.

ISGEC Heavy management guidance track record on Inve: 20 targets tracked across analysed earnings calls (0 achieved, 2 missed, 18 open).

TargetOriginal wordingSaidLatest callVerdict
Revenue Growth7% to 8% increase in revenue and profits for the full year
Call transcript, Q2 FY26 · 14 Nov 2025		Q2 FY26Q1 FY27:No update. Promise concluded in the previous fiscal year.
Call transcript, Q1 FY27 · 12 Aug 2026		Missed
Asset SaleSell subsidiary companies along with the assets
Call transcript, Q2 FY26 · 14 Nov 2025		Q2 FY26Q1 FY27:No new updates on the sale process. The plant continues to be treated as a continuing operation, with the sale timeline remaining uncertain.
Call transcript, Q1 FY27 · 12 Aug 2026		Delayed
Manufacturing Revenue CapacityINR 3,200 - 3,300 crores a year post-expansions
Call transcript, Q2 FY26 · 14 Nov 2025		Q2 FY26Q1 FY27:Capex of INR 502 cr for manufacturing capacity is under implementation. Bhartauli Phase 1 to start production in Sep 2026, supporting the long-term goal.
Call transcript, Q1 FY27 · 12 Aug 2026		On Track

Source: Inve Guidance Tracker for ISGEC Heavy · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

2 of ISGEC Heavy's 20 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 17 more targets are in the full ledger.

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Price

₹887.25 +1.99% · +₹17.3

Last close 26 Oct 2026 · NSE · INR · Source: Inve

Performance +0.6% 1Y

₹0.7k₹0.8k₹0.9k₹1.0k₹1.1kOct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 14 Nov 2025Q3 FY26 — 10 Feb 2026Q4 FY26 — 29 May 2026Q1 FY27 — 12 Aug 2026

1Y: ₹881.6 on 24 Oct 2025 → ₹887.25. High ₹1,094.95 (28 Apr 2026), low ₹694.5 (27 Jan 2026).

Previous close
₹869.95
Market cap
₹6.5k Cr
52-week range
₹694.5 – ₹1,094.95
One year
+3.06%
Price to earnings (TTM to Jun 2026)
24.98×
Return on equity (TTM to Jun 2026)
9.65%

Overview

Symbol
NSE:ISGEC
Industry
Industrials
Exchange
NSE
Currency
INR

What ISGEC Heavy does

Based on the company's own presentations, annual report and earnings calls.

Isgec Heavy Engineering is a diversified industrial group built on three businesses: manufacturing of machinery and equipment (presses & press brakes, industrial boilers, process plant equipment, liquefied-gas containers, and steel/iron castings), industrial (EPC) projects covering power plants, air pollution control equipment, bulk material handling, industrial wastewater treatment and railway projects, and a sugar & ethanol business. It operates 8 manufacturing plants across India, Canada, and the Philippines and has supplied engineered equipment to customers in 93 countries across 6 continents, serving marquee clients such as BP, Vedanta, Reliance, Siemens, IndianOil, Bharat Petroleum, ExxonMobil, Toyota, Mitsubishi, and SAIL. It also holds technology-licensing tie-ups and joint ventures with global engineering companies including Hitachi Zosen (Japan), Sumitomo SHI FW Energia (Finland), CB&I (USA) and Babcock Power Environmental (USA) to execute complex process, energy and emission-control projects.

Segments

  • Manufacturing of Machinery & Equipment
  • Industrial Projects
  • Sugar & Ethanol
Manufacturing plants
8 plants across India, Canada and the Philippines
Countries served
93 countries across 6 continents
Domestic manufacturing locations
Yamunanagar, Rattangarh & Bawal (Haryana), Muzaffarnagar (Uttar Pradesh), Dahej (Gujarat)
Overseas manufacturing units
Eagle Press & Equipment Co. (Windsor, Canada); Cavite Biofuel Producers ethanol plant (Philippines)
Industrial Projects execution offices
Noida, Pune, Chennai
Ethanol distillery capacity (Saraswati Sugar Mills, Yamunanagar)
160 KLPD
Founded 1933Headquarters Yamunanagar, Haryana, India Company website

How the price took the results

close before → close after

Q1 FY27
−7.5%
12 Aug
Q4 FY26
−9.9%
29 May
Q3 FY26
+18.1%
10 Feb
Q2 FY26
+2.9%
14 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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