ALFA Finder
The call ran from 3:59 PM to 4:49 PM IST (50 min).
Key takeaways
Standalone revenue ₹1,457 Cr, +17% YoY in Q2 (+35% H1), with record ₹8,757 Cr standalone order book. Consolidated PBT ₹102 Cr still weighed down by Philippines ethanol losses.
| Management target | Revenue 16.0% FY27 |
|---|
| Revenue growth | Standalone revenue +17% YoY Q2; +35% H1. |
|---|---|
| Margins | Manufacturing EBIT 13.7% vs 12-13% guided; projects EBIT 5.7%. |
| Order book | Standalone ₹8,757 Cr record; consolidated ₹10,273 Cr. |
| Demand visibility | Record orders; robust domestic and export demand across product lines. |
| Management confidence | Balanced-to-optimistic; cautious on commodities and Q3 ethanol. |
Growth
Standalone revenue +17% in Q2 and +35% in H1. Standalone PBT +39% in Q2, but includes subsidiary-related items.
Outlook
Standalone FY27 revenue guided +15-17%; manufacturing margin 12-13%; projects margin ~6% by year-end.
Risks
Philippines ethanol plant loss ₹164 Cr in H1 with weak Q3. Commodity and freight cost pressure; Saraswati cane shortage.
Summary by ALFA Finder, written with AI assistance from the earnings call transcript the company filed, published . Open it on ALFA Filings ›
The results behind this call
ISGEC Heavy Engineering Q2 FY27 Results: Net Profit ₹66.2 Cr, Up 425.4% YoY
ISGEC Heavy Engineering Ltd reported revenue from operations of ₹1,850 Cr (+11.3% YoY) and net profit of ₹66.2 Cr (+425.4% YoY) for Q2 FY27.
- Key figure
- Net profit ₹66.2 Cr · +425.4% YoY
What management said last time
Full summary →From the call summary published .
Outlook they gave
Management guides for 10-12% standalone revenue growth for FY27 with stable manufacturing margins.
Growth they described
Standalone revenue grew 51% YoY, driven by execution and a large US export order.
Call details
| Company | Isgec Heavy Engineering Limited |
|---|---|
| NSE symbol | ISGEC |
| ISIN | INE858B01029 |
| Call | Q2 FY27 earnings call |
| Date | Thursday, 5 November 2026 |
| Time | 4:00 PM IST |
| Length | 50 min |
Isgec Heavy Engineering Limited: key numbers
- Share price
- ₹985.75
- Market cap
- ₹7,248 Cr
- Revenue (annual)
- ₹6,789 Cr
- Net profit (annual)
- ₹108.9 Cr
- P/E (TTM)
- 34.8×Sector 52.1×
- Promoter holding
- 62.43%+0.00% QoQ
- FII holding
- 3.86%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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