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Earnings Call

ISGEC Heavy Engineering Earnings Call: Key Takeaways

Isgec reported FY26 standalone revenue of ₹5,229 cr (up 4.2%) and PBT of ₹455 cr (up 17%). Performance was supported by a strong Q4 and record export growth.

Why this was an Alfa AlertNot a filter event. FY26 revenue growth of 4.2% actually missed the guided 7-8% range.
Highlights
Revenue growthFY26 revenue up 4.2% to ₹5,229 cr; FY27 guided at 10-12%.
MarginsManufacturing EBIT margins stable at 12.46%; Project margins at 4.58%.
Order bookOpening FY27 order book at ₹7,000 cr; ₹1,400 cr new orders.
Demand visibilityStrong inquiry pipeline in domestic and export markets.
Management confidenceHigh in standalone business; dividend raised 20% to ₹6/share.

Growth

FY26 standalone revenue grew 4.2%; PBT grew 17%. Exports doubled to ₹1,169 cr, reaching 22% of total revenue.

Outlook

FY27 standalone revenue guidance of 10%-12%. Order book at ₹7,000 cr. Planned ₹25 cr capex for Muzaffarnagar plant.

Risks

Rising costs of steel forgings and castings, gas shortages, and lengthened transit times due to geopolitical developments.

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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