Sharescart Research Club logo

ISGEC Heavy Engg. Overview

Isgec Heavy Engineering Ltd is a heavy engineering business enterprise. The Company is engaged within the manufacture of process plant equipment, mechanical and hydraulic presses, alloy metal and ferrous castings, containers, agreement production and execution of tasks for setting up boilers, sugar plants, power plant and air pollution control system for clients in India and overseas. The Company's segments include Sugar and Engineering. The Sugar section consists of manufacture and sale of sugar and its byproducts. The Engineering segment incl...Read More

Want to Start Investing in Top Unlisted Stocks?

Our experts help you choose the right stocks based on performance, risk, and growth potential.

ISGEC Heavy Engg. Key Financials

Market Cap ₹7758 Cr.

Stock P/E 21.8

P/B 2.7

Current Price ₹1055.1

Book Value ₹ 394.4

Face Value 1

52W High ₹1286

Dividend Yield 0.47%

52W Low ₹ 682.8

ISGEC Heavy Engg. Share Price

₹ | |

Volume
Price

ISGEC Heavy Engg. Quarterly Price

Show Value Show %

ISGEC Heavy Engg. Peer Comparison

ISGEC Heavy Engg. Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 1473 1493 1867 1539 1644 1495 1744 1341 1691 1739
Other Income 4 5 4 9 24 4 3 18 34 18
Total Income 1477 1498 1871 1547 1667 1500 1747 1359 1725 1756
Total Expenditure 1340 1369 1719 1389 1517 1364 1592 1221 1544 1545
Operating Profit 137 129 152 159 151 136 155 138 182 211
Interest 20 13 11 9 8 8 13 16 19 17
Depreciation 26 27 27 25 26 40 12 26 27 28
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 -16
Profit Before Tax 91 89 114 125 117 87 130 96 136 150
Provision for Tax 27 22 30 29 32 29 32 32 38 38
Profit After Tax 64 67 84 95 85 58 98 64 98 112
Adjustments -4 -5 -13 -30 8 -38 -27 -12 -54 -42
Profit After Adjustments 60 62 71 65 93 20 71 52 44 70
Adjusted Earnings Per Share 8.1 8.4 9.7 8.9 12.6 2.7 9.7 7.1 6 9.5

ISGEC Heavy Engg. Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 3954 4510 3917 3791 5051 5882 5426 5499 6399 6218 6422 6515
Other Income 47 80 94 57 69 32 52 13 13 22 39 73
Total Income 4001 4590 4010 3848 5119 5914 5477 5513 6412 6240 6462 6587
Total Expenditure 3680 4164 3510 3482 4765 5538 4957 5165 5927 5672 5826 5902
Operating Profit 321 426 500 366 354 376 521 347 485 569 636 686
Interest 51 66 58 34 45 61 64 88 91 84 56 65
Depreciation 83 76 75 81 82 101 101 101 104 101 102 93
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 -16
Profit Before Tax 188 284 367 251 227 214 356 158 290 383 477 512
Provision for Tax 64 93 119 83 83 65 103 43 84 99 122 140
Profit After Tax 123 190 248 168 144 149 253 115 206 284 356 372
Adjustments -6 -6 -6 -11 -1 -5 -5 -6 -9 -41 -107 -135
Profit After Adjustments 118 185 242 157 143 145 248 109 196 244 249 237
Adjusted Earnings Per Share 16 25.1 32.9 21.4 19.4 19.7 33.7 14.8 26.7 33.1 33.9 32.3

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 3% 5% 2% 5%
Operating Profit CAGR 12% 22% 11% 7%
PAT CAGR 25% 46% 19% 11%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -15% 30% 14% 9%
ROE Average 14% 12% 11% 13%
ROCE Average 15% 13% 13% 16%

ISGEC Heavy Engg. Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 845 1029 1254 1381 1515 1785 2022 2121 2304 2523 2739
Minority's Interest 46 53 61 72 72 75 78 81 88 96 110
Borrowings 74 88 37 0 56 386 464 465 433 406 221
Other Non-Current Liabilities 286 258 228 313 327 285 350 331 318 284 255
Total Current Liabilities 2306 2779 2641 2173 3294 3550 3606 3791 4016 4676 4454
Total Liabilities 3556 4208 4221 3940 5263 6080 6520 6788 7159 7985 8101
Fixed Assets 554 615 623 629 749 833 803 977 947 956 973
Other Non-Current Assets 34 35 89 99 97 858 1095 946 943 1112 102
Total Current Assets 2968 3557 3509 3212 4418 4389 4621 4865 5268 5918 5976
Total Assets 3556 4208 4221 3940 5263 6080 6520 6788 7159 7985 8101

ISGEC Heavy Engg. Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 426 382 310 36 180 108 180 155 101 168 143
Cash Flow from Operating Activities 261 123 236 101 -238 104 228 -70 208 735 116
Cash Flow from Investing Activities -239 -261 -141 276 70 -347 -186 -141 -58 -232 -304
Cash Flow from Financing Activities -66 66 -370 -233 93 295 -89 176 -98 -487 108
Net Cash Inflow / Outflow -44 -72 -275 144 -74 52 -47 -36 51 16 -80
Closing Cash & Cash Equivalent 382 310 36 180 108 180 155 101 168 143 93

ISGEC Heavy Engg. Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 16.02 25.12 32.92 21.39 19.42 19.65 33.71 14.8 26.72 33.14 33.89
CEPS(Rs) 27.99 36.2 44.01 33.89 30.8 34.04 48.14 29.42 42.14 52.47 62.25
DPS(Rs) 2 2 3 1.6 2 2 3 2 3 4 5
Book NAV/Share(Rs) 114.87 139.92 170.5 187.83 206.07 242.71 274.93 288.45 313.39 343.07 372.48
Core EBITDA Margin(%) 6.79 7.46 10.02 8.06 5.65 5.85 8.64 6.07 7.38 8.79 9.29
EBIT Margin(%) 5.91 7.56 10.48 7.45 5.38 4.68 7.74 4.47 5.95 7.51 8.31
Pre Tax Margin(%) 4.66 6.13 9.05 6.56 4.49 3.65 6.56 2.87 4.53 6.16 7.43
PAT Margin (%) 3.06 4.11 6.12 4.4 2.85 2.54 4.66 2.09 3.21 4.57 5.54
Cash Profit Margin (%) 5.11 5.75 7.98 6.51 4.48 4.26 6.52 3.93 4.84 6.2 7.13
ROA(%) 3.69 4.91 5.89 4.13 3.13 2.63 4.02 1.73 2.95 3.76 4.42
ROE(%) 15.46 20.33 21.76 12.78 9.94 9.04 13.3 5.55 9.29 11.78 13.52
ROCE(%) 17.93 22.88 25.76 18.01 16.11 12.07 14.7 7.81 11.15 13.71 15.49
Receivable days 83.12 97.29 115.35 108.25 109.44 114.36 132.47 142.59 141.78 168.7 163.72
Inventory Days 77.02 68.4 88.69 91.38 74.03 74.61 79.01 84.83 73.22 75.55 82.06
Payable days 152.48 168.72 247.85 220.73 153.78 153.14 169.61 166.9 138.57 145.07 131.26
PER(x) 35.11 16.3 18.3 30.42 31.16 12.99 14.83 34.73 16.29 27.07 30.94
Price/Book(x) 4.9 2.93 3.53 3.46 2.94 1.05 1.82 1.78 1.39 2.62 2.82
Dividend Yield(%) 0.36 0.49 0.5 0.25 0.33 0.78 0.6 0.39 0.69 0.45 0.48
EV/Net Sales(x) 1.08 0.75 1.19 1.24 0.91 0.45 0.82 0.88 0.65 1.16 1.31
EV/Core EBITDA(x) 13.34 7.9 9.28 12.9 13.02 6.97 8.54 13.96 8.64 12.65 13.22
Net Sales Growth(%) 135.27 14.06 -13.15 -3.21 33.23 16.46 -7.76 1.36 16.36 -2.82 3.28
EBIT Growth(%) 195.89 46.87 21.45 -32.93 -4.64 1.29 52.6 -41.45 54.84 22.7 14.21
PAT Growth(%) 218.7 54.43 30.39 -32.19 -14.48 3.55 69.69 -54.56 78.75 38.35 25.09
EPS Growth(%) 179.03 56.83 31.05 -35.03 -9.23 1.22 71.51 -56.1 80.58 24.01 2.27
Debt/Equity(x) 0.62 0.64 0.28 0.13 0.2 0.54 0.47 0.57 0.52 0.31 0.31
Current Ratio(x) 1.29 1.28 1.33 1.48 1.34 1.24 1.28 1.28 1.31 1.27 1.34
Quick Ratio(x) 0.92 0.96 0.92 1.09 0.97 0.9 0.96 0.91 1.02 0.96 1.01
Interest Cover(x) 4.7 5.29 7.32 8.4 6.06 4.53 6.54 2.8 4.19 5.57 9.49
Total Debt/Mcap(x) 0.13 0.22 0.08 0.04 0.07 0.51 0.26 0.32 0.38 0.12 0.11

ISGEC Heavy Engg. Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 62.43 62.43 62.43 62.43 62.43 62.43 62.43 62.43 62.43 62.43
FII 3.53 3.51 3.82 3.9 4.2 3.47 3.54 3.48 3.61 3.85
DII 8.74 8.83 8.83 11.27 11.57 11.12 10.64 10.41 10.48 10.32
Public 25.29 25.23 24.91 22.39 21.8 22.98 23.39 23.68 23.49 23.4
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

ISGEC Heavy Engg. News

ISGEC Heavy Engg. Pros & Cons

Pros

  • Debtor days have improved from 145.07 to 131.26days.
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 12% over the last 3 years.
whatsapp