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Earnings Call

ISGEC Heavy Engineering Earnings Call: Key Takeaways

ISGEC reported FY26 consolidated revenue of ₹67,893 Mn, up 6% YoY, while PAT declined to ₹1,540 Mn due to significant depreciation impact from reclassified Philippines operations.

Highlights
Revenue growth7% YoY consolidated growth in FY26.
MarginsFY26 EBITDA margin improved to 9.7% from 8.8%.
Order book₹79,840 Mn as of March 31, 2026.
Demand visibilityStrong; order book at 1.18x FY26 revenue.
Management confidenceHigh; reclassified Philippines business to continuing operations due to improved sentiment.

Growth

FY26 Consolidated Revenue grew 7% to ₹69,223 Mn; Q4FY26 PAT grew 361% YoY to ₹850 Mn.

Outlook

Order book remains robust at ₹79,840 Mn; Philippines ethanol plant operational and serving bioethanol market.

Risks

Uncertain timeline for Philippines asset sale; significant depreciation impact of ₹1,699 Mn in FY26.

Source

Earnings Call filed with NSE, NSE: ISGEC. Summary written with AI assistance from the document.

Read the document ↗

ISGEC Heavy Engineering Ltd: key numbers

Share price
₹890.55
Market cap
₹6,548 Cr
Revenue (annual)
₹6,789 Cr
Net profit (annual)
₹108.9 Cr
P/E (TTM)
33.4×Sector 53.6×
Promoter holding
62.43%+0.00% QoQ
FII holding
3.76%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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