Isgec Heavy Engineering Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Low debt relative to equity (D/E 0.3x)
Concerns
- ✗Premium to sector peers (P/E 57.4x vs industry 25.6x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| LT Larsen & Toubro Limited | ₹3,818 | ₹5.2L Cr | 32 | 4.81 | 15.9 | 14.6 | 1.32 |
| RVNL Rail Vikas Nigam Limited | ₹223 | ₹47K Cr | 53.7 | 4.73 | 9.02 | 10.8 | 0.52 |
| CEMPRO Cemindia Projects Limited | ₹1,640 +0.77% | ₹28K Cr | 47.2 | 7.46 | 27.8 | 32.8 | 0.38 |
| NBCC NBCC (India) Limited | ₹95 | ₹26K Cr | 39.7 | 8.45 | 24.1 | 31 | 0 |
| IRB IRB Infrastructure Developers Limited | ₹20 +0.25% | ₹24K Cr | 27.5 | 1.22 | 4.31 | 7.48 | 0.96 |
| KPIL Kalpataru Projects International Limited | ₹1,342 +1.38% | ₹22K Cr | 22.9 | 2.95 | 13.7 | 18.3 | 0.69 |
| CMPDI Central Mine Planning & Design Institute Limited | ₹265 +4.44% | ₹18K Cr | 27.3 | — | 32.7 | — | 0 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
ISGEC · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 62.43% | 62.43% | 62.43% | 62.43% | 62.43% | 62.43% |
| FII | 3.53% | 3.51% | 3.83% | 3.91% | 4.20% | 3.47% |
| DII | 8.73% | 8.81% | 8.82% | 11.26% | 11.57% | 11.11% |
| Public | 25.30% | 25.23% | 24.91% | 22.40% | 21.81% | 23.00% |
| Govt | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
Corporate Events
Dividend - Rs 5 Per Share
Record: 8 Sept 2025
Dividend - Rs 4 Per Share
Annual General Meeting
Dividend - Rs 3 Per Share
Record: 15 Aug 2023
Annual General Meeting
Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹2.0K Cr ▲17.8% | ₹1.7K Cr ▲2.8% | ₹1.7K Cr ▲26.1% | ₹1.3K Cr ▼23.1% | ₹1.7K Cr ▲16.7% | ₹1.5K Cr ▼9.1% | ₹1.6K Cr ▲6.8% | ₹1.5K Cr |
| Op. Profit | ₹156 Cr ▼19.6% | ₹194 Cr ▲32.0% | ₹147 Cr ▲22.5% | ₹120 Cr ▼21.1% | ₹152 Cr ▲15.2% | ₹132 Cr ▲3.9% | ₹127 Cr ▲1.6% | ₹125 Cr |
| OPM | 8.0% ▼27.3% | 11.0% ▲22.2% | 9.0% ▲0.0% | 9.0% ▲0.0% | 9.0% ▲0.0% | 9.0% ▲12.5% | 8.0% ▲0.0% | 8.0% |
| Net Profit | ₹85 Cr ▲1.2% | ₹84 Cr ▲50.0% | ₹56 Cr ▼5.1% | ₹59 Cr ▼39.8% | ₹98 Cr ▲326.1% | ₹23 Cr ▼76.0% | ₹96 Cr ▲43.3% | ₹67 Cr |
| EPS (₹) | 9.96 ▲5.0% | 9.49 ▲58.7% | 5.98 ▼15.9% | 7.11 ▼42.7% | 12.4 ▲354.2% | 2.73 ▼78.3% | 12.59 ▲41.5% | 8.9 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹6.8K Cr ▲5.7% | ₹6.4K Cr ▲3.3% | ₹6.2K Cr ▼2.8% | ₹6.4K Cr ▲16.4% | ₹5.5K Cr ▲1.3% | ₹5.4K Cr ▼7.8% | ₹5.9K Cr ▲16.5% | ₹5.0K Cr ▲33.2% | ₹3.8K Cr ▼3.2% | ₹3.9K Cr |
| Expenses | ₹6.2K Cr ▲7.1% | ₹5.8K Cr ▲2.7% | ₹5.7K Cr ▼4.3% | ₹5.9K Cr ▲14.7% | ₹5.2K Cr ▲4.2% | ₹5.0K Cr ▼10.5% | ₹5.5K Cr ▲16.3% | ₹4.8K Cr ▲36.8% | ₹3.5K Cr ▼0.8% | ₹3.5K Cr |
| Op. Profit | ₹555 Cr ▼7.2% | ₹598 Cr ▲9.1% | ₹548 Cr ▲15.9% | ₹473 Cr ▲41.2% | ₹335 Cr ▼28.6% | ₹469 Cr ▲35.9% | ₹345 Cr ▲19.4% | ₹289 Cr ▼6.5% | ₹309 Cr ▼24.1% | ₹407 Cr |
| OPM | 8.0% ▼11.1% | 9.0% ▲0.0% | 9.0% ▲28.6% | 7.0% ▲16.7% | 6.0% ▼33.3% | 9.0% ▲50.0% | 6.0% ▲0.0% | 6.0% ▼25.0% | 8.0% ▼20.0% | 10.0% |
| Other Income | ₹117 Cr ▲316.7% | ₹-54 Cr ▼575.0% | ₹-8 Cr ▼166.7% | ₹12 Cr ▼7.7% | ₹13 Cr ▼75.0% | ₹52 Cr ▲67.7% | ₹31 Cr ▼52.3% | ₹65 Cr ▲16.1% | ₹56 Cr ▼39.8% | ₹93 Cr |
| Interest | ₹85 Cr ▲51.8% | ₹56 Cr ▼33.3% | ₹84 Cr ▼7.7% | ₹91 Cr ▲3.4% | ₹88 Cr ▲37.5% | ₹64 Cr ▲4.9% | ₹61 Cr ▲35.6% | ₹45 Cr ▲32.4% | ₹34 Cr ▼41.4% | ₹58 Cr |
| Depreciation | ₹278 Cr ▲172.5% | ₹102 Cr ▲1.0% | ₹101 Cr ▼2.9% | ₹104 Cr ▲3.0% | ₹101 Cr ▲0.0% | ₹101 Cr ▲0.0% | ₹101 Cr ▲23.2% | ₹82 Cr ▲1.2% | ₹81 Cr ▲8.0% | ₹75 Cr |
| PBT | ₹308 Cr ▼20.2% | ₹386 Cr ▲9.0% | ₹354 Cr ▲22.1% | ₹290 Cr ▲83.5% | ₹158 Cr ▼55.6% | ₹356 Cr ▲66.4% | ₹214 Cr ▼5.7% | ₹227 Cr ▼9.6% | ₹251 Cr ▼31.6% | ₹367 Cr |
| Tax % | 50.0% ▲56.3% | 32.0% ▲14.3% | 28.0% ▼3.4% | 29.0% ▲7.4% | 27.0% ▼6.9% | 29.0% ▼3.3% | 30.0% ▼18.9% | 37.0% ▲12.1% | 33.0% ▲3.1% | 32.0% |
| Net Profit | ₹154 Cr ▼41.7% | ₹264 Cr ▲3.5% | ₹255 Cr ▲23.8% | ₹206 Cr ▲79.1% | ₹115 Cr ▼54.5% | ₹253 Cr ▲69.8% | ₹149 Cr ▲3.5% | ₹144 Cr ▼14.3% | ₹168 Cr ▼32.3% | ₹248 Cr |
| EPS (₹) | 14.81 ▼56.3% | 33.89 ▲2.3% | 33.14 ▲24.0% | 26.72 ▲80.5% | 14.8 ▼56.1% | 33.71 ▲71.6% | 19.65 ▲1.2% | 19.42 ▼9.3% | 21.4 ▼35.0% | 32.94 |
| Div Payout | 40.0% ▲166.7% | 15.0% ▲25.0% | 12.0% ▲9.1% | 11.0% ▼21.4% | 14.0% ▲55.6% | 9.0% ▼10.0% | 10.0% ▼69.7% | 33.0% ▲371.4% | 7.0% ▼22.2% | 9.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||||
| Equity Capital | ₹7 Cr ▲0.0% | ₹7 Cr ▲0.0% | ₹7 Cr ▲0.0% | ₹7 Cr ▲0.0% | ₹7 Cr ▲0.0% | ₹7 Cr ▲0.0% | ₹7 Cr ▲0.0% | ₹7 Cr ▲0.0% | ₹7 Cr ▲0.0% | ₹7 Cr |
| Reserves | ₹2.7K Cr ▼0.1% | ₹2.7K Cr ▲8.6% | ₹2.5K Cr ▲9.5% | ₹2.3K Cr ▲8.7% | ₹2.1K Cr ▲5.0% | ₹2.0K Cr ▲13.3% | ₹1.8K Cr ▲17.8% | ₹1.5K Cr ▲9.8% | ₹1.4K Cr ▲10.3% | ₹1.2K Cr |
| Borrowings | ₹951 Cr ▲10.5% | ₹861 Cr ▲5.8% | ₹814 Cr ▼34.1% | ₹1.2K Cr ▲0.2% | ₹1.2K Cr ▲25.4% | ₹983 Cr ▼0.8% | ₹991 Cr ▲226.0% | ₹304 Cr ▲74.7% | ₹174 Cr ▼51.1% | ₹356 Cr |
| Other Liabilities | ₹4.4K Cr ▼0.5% | ₹4.4K Cr ▼1.3% | ₹4.5K Cr ▲27.2% | ₹3.5K Cr ▲3.7% | ₹3.4K Cr ▼1.6% | ₹3.4K Cr ▲8.7% | ₹3.2K Cr ▼4.1% | ₹3.3K Cr ▲45.4% | ₹2.3K Cr ▼9.3% | ₹2.5K Cr |
| Total Liabilities | ₹8.1K Cr ▲0.8% | ₹8.0K Cr ▲2.6% | ₹7.8K Cr ▲10.7% | ₹7.1K Cr ▲4.6% | ₹6.7K Cr ▲4.6% | ₹6.4K Cr ▲8.5% | ₹5.9K Cr ▲16.0% | ₹5.1K Cr ▲33.8% | ₹3.8K Cr ▼7.0% | ₹4.1K Cr |
| Assets | ||||||||||
| Fixed Assets | ₹1.8K Cr ▲84.1% | ₹973 Cr ▲1.8% | ₹956 Cr ▲1.0% | ₹947 Cr ▼3.1% | ₹977 Cr ▲21.7% | ₹803 Cr ▼3.6% | ₹833 Cr ▲11.2% | ₹749 Cr ▲19.1% | ₹629 Cr ▲1.0% | ₹623 Cr |
| CWIP | ₹137 Cr ▲107.6% | ₹66 Cr ▼93.1% | ₹959 Cr ▲19.1% | ₹805 Cr ▲14.7% | ₹702 Cr ▼21.4% | ₹893 Cr ▲26.5% | ₹706 Cr ▲3615.8% | ₹19 Cr ▼40.6% | ₹32 Cr ▲68.4% | ₹19 Cr |
| Investments | ₹66 Cr ▼22.4% | ₹85 Cr ▲193.1% | ₹29 Cr ▼12.1% | ₹33 Cr ▼75.6% | ₹135 Cr ▲125.0% | ₹60 Cr ▼38.8% | ₹98 Cr ▼36.8% | ₹155 Cr ▼58.2% | ₹371 Cr ▼46.8% | ₹697 Cr |
| Other Assets | ₹6.1K Cr ▼11.6% | ₹6.9K Cr ▲17.4% | ₹5.9K Cr ▲11.3% | ₹5.3K Cr ▲6.9% | ₹4.9K Cr ▲5.1% | ₹4.7K Cr ▲9.0% | ₹4.3K Cr ▲2.5% | ₹4.2K Cr ▲50.3% | ₹2.8K Cr ▲0.7% | ₹2.8K Cr |
| Total Assets | ₹8.1K Cr ▲0.8% | ₹8.0K Cr ▲2.6% | ₹7.8K Cr ▲10.7% | ₹7.1K Cr ▲4.6% | ₹6.7K Cr ▲4.6% | ₹6.4K Cr ▲8.5% | ₹5.9K Cr ▲16.0% | ₹5.1K Cr ▲33.8% | ₹3.8K Cr ▼7.0% | ₹4.1K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹765 Cr ▲559.5% | ₹116 Cr ▼84.2% | ₹735 Cr ▲253.4% | ₹208 Cr ▲397.1% | ₹-70 Cr ▼130.7% | ₹228 Cr ▲119.2% | ₹104 Cr ▲143.7% | ₹-238 Cr ▼335.6% | ₹101 Cr ▼57.2% | ₹236 Cr |
| Investing CF | ₹-131 Cr ▲52.2% | ₹-274 Cr ▲0.0% | ₹-274 Cr ▼537.2% | ₹-43 Cr ▲73.0% | ₹-159 Cr ▲3.0% | ₹-164 Cr ▲50.0% | ₹-328 Cr ▼549.3% | ₹73 Cr ▼73.6% | ₹276 Cr ▲295.7% | ₹-141 Cr |
| Financing CF | ₹-341 Cr ▼415.7% | ₹108 Cr ▲122.2% | ₹-487 Cr ▼396.9% | ₹-98 Cr ▼155.7% | ₹176 Cr ▲297.8% | ₹-89 Cr ▼130.2% | ₹295 Cr ▲217.2% | ₹93 Cr ▲139.9% | ₹-233 Cr ▲37.0% | ₹-370 Cr |
| Net Cash Flow | ₹293 Cr ▲698.0% | ₹-49 Cr ▼88.5% | ₹-26 Cr ▼138.8% | ₹67 Cr ▲226.4% | ₹-53 Cr ▼112.0% | ₹-25 Cr ▼135.2% | ₹71 Cr ▲200.0% | ₹-71 Cr ▼149.3% | ₹144 Cr ▲152.4% | ₹-275 Cr |
| Free Cash Flow | ₹600 Cr ▲604.2% | ₹-119 Cr ▼124.1% | ₹493 Cr ▲866.7% | ₹51 Cr ▲137.8% | ₹-135 Cr ▼1127.3% | ₹-11 Cr ▲96.6% | ₹-328 Cr ▲9.6% | ₹-363 Cr ▼18250.0% | ₹2 Cr ▼98.7% | ₹149 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 148d ▼8.1% | 161d ▼6.4% | 172d ▲6.8% | 161d ▲12.6% | 143d ▼0.7% | 144d ▲29.7% | 111d ▼19.0% | 137d ▲25.7% | 109d ▲2.8% | 106d |
| Inventory Days | 162d ▲11.7% | 145d ▲3.6% | 140d ▲27.3% | 110d ▼28.1% | 153d ▲18.6% | 129d ▲3.2% | 125d ▼12.0% | 142d ▼0.7% | 143d ▼21.9% | 183d |
| Days Payable | 118d ▼4.1% | 123d ▼12.8% | 141d ▲0.0% | 141d ▼10.2% | 157d ▼13.7% | 182d ▲23.8% | 147d ▼15.5% | 174d ▼7.9% | 189d ▼21.6% | 241d |
| Cash Conv. Cycle | 192d ▲4.9% | 183d ▲7.0% | 171d ▲32.6% | 129d ▼6.5% | 138d ▲50.0% | 92d ▲3.4% | 89d ▼15.2% | 105d ▲64.1% | 64d ▲33.3% | 48d |
| Working Capital Days | 69d ▼5.5% | 73d ▲19.7% | 61d ▲5.2% | 58d ▲7.4% | 54d ▲1.9% | 53d ▲55.9% | 34d ▼43.3% | 60d ▲42.9% | 42d ▲1300.0% | 3d |
| ROCE | 11.0% ▼26.7% | 15.0% ▲15.4% | 13.0% ▲18.2% | 11.0% ▲37.5% | 8.0% ▼42.9% | 14.0% ▲27.3% | 11.0% ▼26.7% | 15.0% ▼11.8% | 17.0% ▼26.1% | 23.0% |
Source: Screener.in · Lower days = better efficiency
About Isgec Heavy Engineering Limited
ISGEC Heavy Engineering Ltd is a diversified heavy engineering company engaged in manufacturing and project business with an extensive global presence. It manufactures process plant equipment, presses, Iron & Steel castings & Boiler pressure parts. It also undertakes turnkey projects for setting-up boilers, power plants, sugar plants, distilleries, factories and others. It also has strengths in the business of construction.[1] It is also engaged in the business of manufacture of sugar and its by-products through a subsidiary.[2]
Construction · Construction