ISGEC Heavy Engineering Ltd.
•₹ 755.1-0.87%
2026-08-21
ABOUT
KEY POINTS
Revenue Breakup Mar 2025 • Engineering, Procurement and Construction: 68.4% • Manufacturing of Machinery & Equipment: 31.6%
PROS
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.32x)
- Company comfortably covers its interest (13.9x coverage)
- Company has a consistent dividend-paying track record
- Company generates healthy free cash flow
- Company maintains a comfortable, low leverage position
- Attractively priced for its growth - PEG of 0.7
CONS
- Total debt has risen sharply - up 792.9% year on year
- Company has delivered a poor sales growth of 0.5% over past five years
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | LT | 4072.00 | 33.77 | 560252.67 | 0.93 | 4988.03 | 15.51 | 67941.74 | 6.69 | 15.98 | 12.00 |
| 2. | RVNL | 228.45 | 52.95 | 47632.28 | 0.31 | 159.52 | 18.73 | 4321.23 | 10.55 | 10.81 | 4.41 |
| 3. | KPIL | 1388.45 | 20.86 | 23710.91 | 0.79 | 311.53 | 45.85 | 6407.97 | 3.84 | 18.95 | 8.77 |
| 4. | IRB | 18.94 | 23.98 | 22875.73 | 0.69 | 3062.70 | 1412.58 | 21372.72 | 918.25 | 24.76 | 53.93 |
| 5. | CEMPRO | 1274.95 | 36.41 | 21902.06 | 0.24 | 140.83 | 2.64 | 2720.92 | 7.02 | 33.53 | 10.09 |
| 6. | ENGINERSIN | 237.05 | 16.99 | 13323.21 | 2.11 | 157.94 | 141.49 | 819.84 | -5.80 | 25.84 | 20.61 |
| 7. | IRCON | 126.55 | 22.73 | 11902.23 | 1.50 | 92.03 | -43.92 | 1955.83 | 9.49 | 12.69 | 9.81 |
| 8. | TECHNOE | 986.05 | 26.60 | 11467.72 | 0.71 | 93.33 | -31.44 | 630.34 | 19.84 | 16.54 | 15.79 |
| 9. | KEC | 424.75 | 20.42 | 11306.84 | 1.29 | 72.62 | -41.72 | 5023.54 | 0.01 | 16.35 | 5.79 |
| 10. | AFCONS | 280.00 | 71.17 | 10297.97 | 0.71 | 303.00 | 120.52 | 26710.00 | 692.49 | 12.88 | 9.42 |
| 11. | WAAREERTL | 881.00 | 18.10 | 9195.81 | 0.00 | 118.98 | 37.72 | 924.25 | 53.23 | 81.92 | 18.77 |
| 12. | ISGEC | 761.05 | 28.56 | 5595.96 | 0.79 | 17.50 | -70.15 | 1980.00 | 47.65 | 15.49 | 6.24 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,131 | 1,114 | 1,067 | 1,550 | 1,215 | 1,240 | 1,119 | 1,444 | 984 | 1,243 | 1,327 | 1,675 | 1,553 | |
| 1,054 | 1,020 | 985 | 1,436 | 1,113 | 1,126 | 1,029 | 1,340 | 908 | 1,150 | 1,221 | 1,587 | 1,462 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 28 | 6 | 5 | 6 | 28 | 15 | 9 | 10 | 61 | 50 | 38 | 81 | 32 |
| Interest | 11 | 14 | 10 | 6 | 3 | 3 | 3 | 6 | 8 | 13 | 13 | 17 | 16 |
| Depreciation | 16 | 16 | 17 | 18 | 16 | 17 | 17 | 18 | 17 | 18 | 19 | 19 | 18 |
| 78 | 70 | 60 | 96 | 111 | 109 | 78 | 89 | 112 | 111 | 99 | 133 | 123 | |
| Tax % | 18.09% | 24.16% | 26.03% | 26.62% | 20.54% | 23.66% | 25.25% | 29.18% | 22.63% | 24.28% | 24.04% | 24.13% | 25.10% |
| Net Profit | 64 | 53 | 44 | 71 | 88 | 83 | 59 | 63 | 87 | 84 | 75 | 101 | 92 |
| 9 | 7 | 6 | 10 | 12 | 11 | 8 | 9 | 12 | 11 | 10 | 14 | 1 | |
| Equity Capital | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 1,131
- 1,054
- Operating Profit
- —
- OPM %
- —
- Other Income
- 28
- Interest
- 11
- Depreciation
- 16
- 78
- Tax %
- 18.09%
- Net Profit
- 64
- 9
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 1,114
- 1,020
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 14
- Depreciation
- 16
- 70
- Tax %
- 24.16%
- Net Profit
- 53
- 7
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 1,067
- 985
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 10
- Depreciation
- 17
- 60
- Tax %
- 26.03%
- Net Profit
- 44
- 6
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 1,550
- 1,436
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 6
- Depreciation
- 18
- 96
- Tax %
- 26.62%
- Net Profit
- 71
- 10
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 1,215
- 1,113
- Operating Profit
- —
- OPM %
- —
- Other Income
- 28
- Interest
- 3
- Depreciation
- 16
- 111
- Tax %
- 20.54%
- Net Profit
- 88
- 12
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 1,240
- 1,126
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 3
- Depreciation
- 17
- 109
- Tax %
- 23.66%
- Net Profit
- 83
- 11
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 1,119
- 1,029
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 3
- Depreciation
- 17
- 78
- Tax %
- 25.25%
- Net Profit
- 59
- 8
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 1,444
- 1,340
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 6
- Depreciation
- 18
- 89
- Tax %
- 29.18%
- Net Profit
- 63
- 9
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 984
- 908
- Operating Profit
- —
- OPM %
- —
- Other Income
- 61
- Interest
- 8
- Depreciation
- 17
- 112
- Tax %
- 22.63%
- Net Profit
- 87
- 12
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 1,243
- 1,150
- Operating Profit
- —
- OPM %
- —
- Other Income
- 50
- Interest
- 13
- Depreciation
- 18
- 111
- Tax %
- 24.28%
- Net Profit
- 84
- 11
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 1,327
- 1,221
- Operating Profit
- —
- OPM %
- —
- Other Income
- 38
- Interest
- 13
- Depreciation
- 19
- 99
- Tax %
- 24.04%
- Net Profit
- 75
- 10
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 1,675
- 1,587
- Operating Profit
- —
- OPM %
- —
- Other Income
- 81
- Interest
- 17
- Depreciation
- 19
- 133
- Tax %
- 24.13%
- Net Profit
- 101
- 14
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 1,553
- 1,462
- Operating Profit
- —
- OPM %
- —
- Other Income
- 32
- Interest
- 16
- Depreciation
- 18
- 123
- Tax %
- 25.10%
- Net Profit
- 92
- 1
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 3,873 | 3,032 | 2,600 | 4,129 | 4,894 | 4,310 | 4,444 | 4,652 | 4,861 | 5,018 | 5,798 | |
| 3,559 | 2,760 | 2,419 | 3,864 | 4,598 | 3,958 | 4,215 | 4,337 | 4,478 | 4,594 | 5,420 | |
| Operating Profit | 378 | 365 | 253 | 302 | 315 | 388 | 255 | 350 | 428 | 486 | — |
| OPM % | 10 | 12 | 10 | 7 | 6 | 9 | 6 | 8 | 9 | 10 | — |
| Other Income | 64 | 93 | 72 | 37 | 19 | 36 | 26 | 35 | 45 | 61 | 201 |
| Interest | 31 | 34 | 18 | 33 | 33 | 35 | 43 | 53 | 57 | 30 | 58 |
| Depreciation | 64 | 64 | 67 | 66 | 74 | 68 | 65 | 63 | 67 | 67 | 75 |
| 283 | 268 | 168 | 203 | 207 | 285 | 147 | 234 | 304 | 388 | 466 | |
| Tax % | 33 | 30 | 29 | 37 | 26 | 23 | 23 | 24 | 24 | 24 | 24 |
| Net Profit | 190 | 189 | 119 | 128 | 153 | 218 | 113 | 178 | 232 | 294 | 352 |
| EPS | 258 | 257 | 16 | 17 | 21 | 30 | 15 | 24 | 32 | 40 | — |
| Dividend Payout % | 8 | 12 | 10 | 11 | 10 | 10 | 13 | 12 | 13 | 13 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 26 | 26 | 16 | 17 | 21 | 30 | 15 | 24 | 32 | 40 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 26 | 26 | 16 | 17 | 21 | 30 | 15 | 24 | 32 | 40 | — |
Mar 2016
- 3,873
- 3,559
- Operating Profit
- 378
- OPM %
- 10
- Other Income
- 64
- Interest
- 31
- Depreciation
- 64
- 283
- Tax %
- 33
- Net Profit
- 190
- EPS
- 258
- Dividend Payout %
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 26
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 26
Mar 2017
- 3,032
- 2,760
- Operating Profit
- 365
- OPM %
- 12
- Other Income
- 93
- Interest
- 34
- Depreciation
- 64
- 268
- Tax %
- 30
- Net Profit
- 189
- EPS
- 257
- Dividend Payout %
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 26
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 26
Mar 2018
- 2,600
- 2,419
- Operating Profit
- 253
- OPM %
- 10
- Other Income
- 72
- Interest
- 18
- Depreciation
- 67
- 168
- Tax %
- 29
- Net Profit
- 119
- EPS
- 16
- Dividend Payout %
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 16
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 16
Mar 2019
- 4,129
- 3,864
- Operating Profit
- 302
- OPM %
- 7
- Other Income
- 37
- Interest
- 33
- Depreciation
- 66
- 203
- Tax %
- 37
- Net Profit
- 128
- EPS
- 17
- Dividend Payout %
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 17
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 17
Mar 2020
- 4,894
- 4,598
- Operating Profit
- 315
- OPM %
- 6
- Other Income
- 19
- Interest
- 33
- Depreciation
- 74
- 207
- Tax %
- 26
- Net Profit
- 153
- EPS
- 21
- Dividend Payout %
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 21
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 21
Mar 2021
- 4,310
- 3,958
- Operating Profit
- 388
- OPM %
- 9
- Other Income
- 36
- Interest
- 35
- Depreciation
- 68
- 285
- Tax %
- 23
- Net Profit
- 218
- EPS
- 30
- Dividend Payout %
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 30
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 30
Mar 2022
- 4,444
- 4,215
- Operating Profit
- 255
- OPM %
- 6
- Other Income
- 26
- Interest
- 43
- Depreciation
- 65
- 147
- Tax %
- 23
- Net Profit
- 113
- EPS
- 15
- Dividend Payout %
- 13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 15
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 15
Mar 2023
- 4,652
- 4,337
- Operating Profit
- 350
- OPM %
- 8
- Other Income
- 35
- Interest
- 53
- Depreciation
- 63
- 234
- Tax %
- 24
- Net Profit
- 178
- EPS
- 24
- Dividend Payout %
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 24
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 24
Mar 2024
- 4,861
- 4,478
- Operating Profit
- 428
- OPM %
- 9
- Other Income
- 45
- Interest
- 57
- Depreciation
- 67
- 304
- Tax %
- 24
- Net Profit
- 232
- EPS
- 32
- Dividend Payout %
- 13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 32
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 32
Mar 2025
- 5,018
- 4,594
- Operating Profit
- 486
- OPM %
- 10
- Other Income
- 61
- Interest
- 30
- Depreciation
- 67
- 388
- Tax %
- 24
- Net Profit
- 294
- EPS
- 40
- Dividend Payout %
- 13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 40
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 40
TTM
- 5,798
- 5,420
- Operating Profit
- —
- OPM %
- —
- Other Income
- 201
- Interest
- 58
- Depreciation
- 75
- 466
- Tax %
- 24
- Net Profit
- 352
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 4%
- 5 Years:
- 1%
- 3 Years:
- 4%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 7%
- 5 Years:
- 14%
- 3 Years:
- 38%
STOCK PRICE CAGR
- 10 Years:
- 86%
- 5 Years:
- 3%
- 3 Years:
- 2%
- 1 Year:
- -27%
RETURN ON EQUITY
- 10 Years:
- 13%
- 5 Years:
- 11%
- 3 Years:
- 11%
- Last Year:
- 13%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
| 950 | 1,118 | 1,215 | 1,340 | 1,463 | 1,667 | 1,776 | 1,938 | 2,147 | 2,410 | |
| 313 | 110 | 82 | 75 | 340 | 111 | 334 | 447 | 22 | 20 | |
| Trade Payables | 1,346 | 1,312 | 1,025 | 1,290 | 1,225 | 1,451 | 1,222 | 1,331 | 1,268 | 1,133 |
| 882 | 899 | 1,047 | 1,620 | 1,452 | 1,602 | 1,604 | 1,656 | 2,456 | 2,417 | |
| Total Liabilities | 3,499 | 3,446 | 3,377 | 4,332 | 4,488 | 4,840 | 4,942 | 5,380 | 5,900 | 5,988 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 460 | 464 | 455 | 507 | 519 | 483 | 475 | 471 | 456 | 495 | |
| Capital Work in Progress | 10 | 15 | 29 | 11 | 8 | 9 | 8 | 4 | 33 | 55 |
| 693 | 831 | 509 | 325 | 251 | 213 | 288 | 180 | 168 | 244 | |
| 303 | 404 | 466 | 611 | 511 | 476 | 552 | 641 | 778 | 796 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,107 | 3,014 | |
| Cash & Bank | 290 | 122 | 207 | 92 | 136 | 121 | 78 | 136 | 81 | 82 |
| 1,743 | 1,609 | 1,710 | 2,785 | 3,064 | 3,539 | 3,541 | 3,947 | 1,279 | 1,302 | |
| Total Assets | 3,499 | 3,446 | 3,377 | 4,332 | 4,488 | 4,840 | 4,942 | 5,380 | 5,900 | 5,988 |
| Total Debt | 313 | 110 | 82 | 75 | 341 | 199 | 434 | 447 | 29 | 261 |
| Net Working Capital | 601 | 669 | 839 | 897 | 874 | 1,158 | 1,175 | 1,298 | 1,412 | 1,489 |
| Contingent Liabilities | 320 | 451 | 756 | 805 | 437 | 566 | 607 | 680 | 751 | 645 |
| Book Value per Share | 1301.67 | 1530.69 | 1663.08 | 183.22 | 199.99 | 227.75 | 242.52 | 264.62 | 293.03 | 328.70 |
| Face Value | 10.00 | 10.00 | 10.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Total Debt | 313 | 110 | 82 | 75 | 341 | 199 | 434 | 447 | 29 | 261 |
| Net Working Capital | 601 | 669 | 839 | 897 | 874 | 1,158 | 1,175 | 1,298 | 1,412 | 1,489 |
| Contingent Liabilities | 320 | 451 | 756 | 805 | 437 | 566 | 607 | 680 | 751 | 645 |
| Book Value per Share | 1301.67 | 1530.69 | 1663.08 | 183.22 | 199.99 | 227.75 | 242.52 | 264.62 | 293.03 | 328.70 |
| Face Value | 10.00 | 10.00 | 10.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
Mar 2016
- Equity Capital
- 7
- 950
- 313
- Trade Payables
- 1,346
- 882
- Total Liabilities
- 3,499
- 460
- Capital Work in Progress
- 10
- 693
- 303
- 0
- Cash & Bank
- 290
- 1,743
- Total Assets
- 3,499
- Total Debt
- 313
- Net Working Capital
- 601
- Contingent Liabilities
- 320
- Book Value per Share
- 1301.67
- Face Value
- 10.00
- Total Debt
- 313
- Net Working Capital
- 601
- Contingent Liabilities
- 320
- Book Value per Share
- 1301.67
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 7
- 1,118
- 110
- Trade Payables
- 1,312
- 899
- Total Liabilities
- 3,446
- 464
- Capital Work in Progress
- 15
- 831
- 404
- 0
- Cash & Bank
- 122
- 1,609
- Total Assets
- 3,446
- Total Debt
- 110
- Net Working Capital
- 669
- Contingent Liabilities
- 451
- Book Value per Share
- 1530.69
- Face Value
- 10.00
- Total Debt
- 110
- Net Working Capital
- 669
- Contingent Liabilities
- 451
- Book Value per Share
- 1530.69
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 7
- 1,215
- 82
- Trade Payables
- 1,025
- 1,047
- Total Liabilities
- 3,377
- 455
- Capital Work in Progress
- 29
- 509
- 466
- 0
- Cash & Bank
- 207
- 1,710
- Total Assets
- 3,377
- Total Debt
- 82
- Net Working Capital
- 839
- Contingent Liabilities
- 756
- Book Value per Share
- 1663.08
- Face Value
- 10.00
- Total Debt
- 82
- Net Working Capital
- 839
- Contingent Liabilities
- 756
- Book Value per Share
- 1663.08
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 7
- 1,340
- 75
- Trade Payables
- 1,290
- 1,620
- Total Liabilities
- 4,332
- 507
- Capital Work in Progress
- 11
- 325
- 611
- 0
- Cash & Bank
- 92
- 2,785
- Total Assets
- 4,332
- Total Debt
- 75
- Net Working Capital
- 897
- Contingent Liabilities
- 805
- Book Value per Share
- 183.22
- Face Value
- 1.00
- Total Debt
- 75
- Net Working Capital
- 897
- Contingent Liabilities
- 805
- Book Value per Share
- 183.22
- Face Value
- 1.00
Mar 2020
- Equity Capital
- 7
- 1,463
- 340
- Trade Payables
- 1,225
- 1,452
- Total Liabilities
- 4,488
- 519
- Capital Work in Progress
- 8
- 251
- 511
- 0
- Cash & Bank
- 136
- 3,064
- Total Assets
- 4,488
- Total Debt
- 341
- Net Working Capital
- 874
- Contingent Liabilities
- 437
- Book Value per Share
- 199.99
- Face Value
- 1.00
- Total Debt
- 341
- Net Working Capital
- 874
- Contingent Liabilities
- 437
- Book Value per Share
- 199.99
- Face Value
- 1.00
Mar 2021
- Equity Capital
- 7
- 1,667
- 111
- Trade Payables
- 1,451
- 1,602
- Total Liabilities
- 4,840
- 483
- Capital Work in Progress
- 9
- 213
- 476
- 0
- Cash & Bank
- 121
- 3,539
- Total Assets
- 4,840
- Total Debt
- 199
- Net Working Capital
- 1,158
- Contingent Liabilities
- 566
- Book Value per Share
- 227.75
- Face Value
- 1.00
- Total Debt
- 199
- Net Working Capital
- 1,158
- Contingent Liabilities
- 566
- Book Value per Share
- 227.75
- Face Value
- 1.00
Mar 2022
- Equity Capital
- 7
- 1,776
- 334
- Trade Payables
- 1,222
- 1,604
- Total Liabilities
- 4,942
- 475
- Capital Work in Progress
- 8
- 288
- 552
- 0
- Cash & Bank
- 78
- 3,541
- Total Assets
- 4,942
- Total Debt
- 434
- Net Working Capital
- 1,175
- Contingent Liabilities
- 607
- Book Value per Share
- 242.52
- Face Value
- 1.00
- Total Debt
- 434
- Net Working Capital
- 1,175
- Contingent Liabilities
- 607
- Book Value per Share
- 242.52
- Face Value
- 1.00
Mar 2023
- Equity Capital
- 7
- 1,938
- 447
- Trade Payables
- 1,331
- 1,656
- Total Liabilities
- 5,380
- 471
- Capital Work in Progress
- 4
- 180
- 641
- 0
- Cash & Bank
- 136
- 3,947
- Total Assets
- 5,380
- Total Debt
- 447
- Net Working Capital
- 1,298
- Contingent Liabilities
- 680
- Book Value per Share
- 264.62
- Face Value
- 1.00
- Total Debt
- 447
- Net Working Capital
- 1,298
- Contingent Liabilities
- 680
- Book Value per Share
- 264.62
- Face Value
- 1.00
Mar 2024
- Equity Capital
- 7
- 2,147
- 22
- Trade Payables
- 1,268
- 2,456
- Total Liabilities
- 5,900
- 456
- Capital Work in Progress
- 33
- 168
- 778
- 3,107
- Cash & Bank
- 81
- 1,279
- Total Assets
- 5,900
- Total Debt
- 29
- Net Working Capital
- 1,412
- Contingent Liabilities
- 751
- Book Value per Share
- 293.03
- Face Value
- 1.00
- Total Debt
- 29
- Net Working Capital
- 1,412
- Contingent Liabilities
- 751
- Book Value per Share
- 293.03
- Face Value
- 1.00
Mar 2025
- Equity Capital
- 7
- 2,410
- 20
- Trade Payables
- 1,133
- 2,417
- Total Liabilities
- 5,988
- 495
- Capital Work in Progress
- 55
- 244
- 796
- 3,014
- Cash & Bank
- 82
- 1,302
- Total Assets
- 5,988
- Total Debt
- 261
- Net Working Capital
- 1,489
- Contingent Liabilities
- 645
- Book Value per Share
- 328.70
- Face Value
- 1.00
- Total Debt
- 261
- Net Working Capital
- 1,489
- Contingent Liabilities
- 645
- Book Value per Share
- 328.70
- Face Value
- 1.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 201 | 155 | -113 | -162 | -191 | 151 | -134 | 44 | 519 | 365 | |
| Cash from Investing | -285 | -183 | 310 | 100 | 23 | 36 | -108 | 56 | -92 | -542 |
| Cash from Financing | 1 | -236 | -57 | -27 | 219 | -208 | 201 | -44 | -486 | 181 |
| -82 | -264 | 140 | -90 | 51 | -21 | -41 | 56 | -59 | 5 | |
| Free Cash Flow | 82 | 86 | -176 | -162 | -271 | 121 | -188 | -4 | 444 | 251 |
| OCF / Net Profit | 1.06 | 0.82 | -0.95 | -1.26 | -1.25 | 0.69 | -1.19 | 0.25 | 2.24 | 1.24 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -441 | -401 | -675 | -503 | 104 | 625 |
| OCF / Net Profit | 1.06 | 0.82 | -0.95 | -1.26 | -1.25 | 0.69 | -1.19 | 0.25 | 2.24 | 1.24 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -441 | -401 | -675 | -503 | 104 | 625 |
Mar 2016
- 201
- Cash from Investing
- -285
- Cash from Financing
- 1
- -82
- Free Cash Flow
- 82
- OCF / Net Profit
- 1.06
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.06
- Cumulative 5-Year FCF
- 0
Mar 2017
- 155
- Cash from Investing
- -183
- Cash from Financing
- -236
- -264
- Free Cash Flow
- 86
- OCF / Net Profit
- 0.82
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.82
- Cumulative 5-Year FCF
- 0
Mar 2018
- -113
- Cash from Investing
- 310
- Cash from Financing
- -57
- 140
- Free Cash Flow
- -176
- OCF / Net Profit
- -0.95
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.95
- Cumulative 5-Year FCF
- 0
Mar 2019
- -162
- Cash from Investing
- 100
- Cash from Financing
- -27
- -90
- Free Cash Flow
- -162
- OCF / Net Profit
- -1.26
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.26
- Cumulative 5-Year FCF
- 0
Mar 2020
- -191
- Cash from Investing
- 23
- Cash from Financing
- 219
- 51
- Free Cash Flow
- -271
- OCF / Net Profit
- -1.25
- Cumulative 5-Year FCF
- -441
- OCF / Net Profit
- -1.25
- Cumulative 5-Year FCF
- -441
Mar 2021
- 151
- Cash from Investing
- 36
- Cash from Financing
- -208
- -21
- Free Cash Flow
- 121
- OCF / Net Profit
- 0.69
- Cumulative 5-Year FCF
- -401
- OCF / Net Profit
- 0.69
- Cumulative 5-Year FCF
- -401
Mar 2022
- -134
- Cash from Investing
- -108
- Cash from Financing
- 201
- -41
- Free Cash Flow
- -188
- OCF / Net Profit
- -1.19
- Cumulative 5-Year FCF
- -675
- OCF / Net Profit
- -1.19
- Cumulative 5-Year FCF
- -675
Mar 2023
- 44
- Cash from Investing
- 56
- Cash from Financing
- -44
- 56
- Free Cash Flow
- -4
- OCF / Net Profit
- 0.25
- Cumulative 5-Year FCF
- -503
- OCF / Net Profit
- 0.25
- Cumulative 5-Year FCF
- -503
Mar 2024
- 519
- Cash from Investing
- -92
- Cash from Financing
- -486
- -59
- Free Cash Flow
- 444
- OCF / Net Profit
- 2.24
- Cumulative 5-Year FCF
- 104
- OCF / Net Profit
- 2.24
- Cumulative 5-Year FCF
- 104
Mar 2025
- 365
- Cash from Investing
- -542
- Cash from Financing
- 181
- 5
- Free Cash Flow
- 251
- OCF / Net Profit
- 1.24
- Cumulative 5-Year FCF
- 625
- OCF / Net Profit
- 1.24
- Cumulative 5-Year FCF
- 625
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 258.30 | 256.54 | 161.81 | 17.45 | 20.82 | 29.68 | 15.34 | 24.20 | 31.51 | 39.95 |
| Book Value (₹) | 1301.67 | 1530.69 | 1663.08 | 183.22 | 199.99 | 227.75 | 242.52 | 264.62 | 293.03 | 328.70 |
| Dividend per Share (₹) | 20.00 | 30.00 | 16.00 | 2.00 | 2.00 | 3.00 | 2.00 | 3.00 | 4.00 | 5.00 |
| Cash EPS (₹) | 34.57 | 34.33 | 25.31 | 26.42 | 30.85 | 38.91 | 24.24 | 32.78 | 40.57 | 49.10 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 9.56% | 11.74% | 9.68% | 7.32% | 6.43% | 9.00% | 5.74% | 7.53% | 7.88% | 8.46% |
| Net Margin % | 4.80% | 6.06% | 4.55% | 3.11% | 3.13% | 5.06% | 2.54% | 3.82% | 4.77% | 5.85% |
| ROE % | 22.00% | 18.12% | 10.13% | 9.99% | 10.87% | 13.88% | 6.53% | 9.54% | 11.30% | 12.85% |
| ROCE % | 27.13% | 24.05% | 14.64% | 17.32% | 14.90% | 17.36% | 9.29% | 12.46% | 15.79% | 17.21% |
| 5.91% | 5.43% | 3.49% | 3.33% | 3.47% | 4.68% | 2.31% | 3.45% | 4.11% | 4.94% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 107 | 144 | 152 | 129 | 141 | 184 | 190 | 199 | 221 | 223 |
| Inventory Days | 33 | 42 | 61 | 48 | 42 | 42 | 42 | 47 | 53 | 57 |
| Payable Days | 181 | 319 | 357 | 178 | 167 | 195 | 182 | 176 | 172 | 156 |
| -41 | -133 | -144 | -1 | 16 | 31 | 51 | 70 | 103 | 123 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.33x | 0.10x | 0.07x | 0.06x | 0.23x | 0.12x | 0.24x | 0.23x | 0.01x | 0.11x |
| Interest Coverage (x) | 10.19x | 8.96x | 10.34x | 7.13x | 7.22x | 9.05x | 4.43x | 5.45x | 6.30x | 13.89x |
| 1.26x | 1.32x | 1.45x | 1.34x | 1.31x | 1.41x | 1.42x | 1.40x | 1.40x | 1.46x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 18.17% | -21.72% | -14.24% | 58.82% | 18.52% | -11.94% | 3.13% | 4.67% | 4.50% | 3.23% |
| Operating Profit Growth % | 17.09% | -3.38% | -30.69% | 19.39% | 4.11% | 23.26% | -34.15% | 37.16% | 22.17% | 13.53% |
| Net Profit Growth % | 32.63% | -0.68% | -36.93% | 7.85% | 19.31% | 42.55% | -48.30% | 57.71% | 30.23% | 26.77% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 30.23% | 26.77% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 28.47x | 26.25x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 3.06x | 3.19x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.45% | 0.48% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 15.30x | 16.24x |
Mar 2016
- EPS (₹)
- 258.30
- Book Value (₹)
- 1301.67
- Dividend per Share (₹)
- 20.00
- Cash EPS (₹)
- 34.57
- Operating Margin %
- 9.56%
- Net Margin %
- 4.80%
- ROE %
- 22.00%
- ROCE %
- 27.13%
- 5.91%
- Debtor Days
- 107
- Inventory Days
- 33
- Payable Days
- 181
- -41
- Debt to Equity (x)
- 0.33x
- Interest Coverage (x)
- 10.19x
- 1.26x
- Revenue Growth %
- 18.17%
- Operating Profit Growth %
- 17.09%
- Net Profit Growth %
- 32.63%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 256.54
- Book Value (₹)
- 1530.69
- Dividend per Share (₹)
- 30.00
- Cash EPS (₹)
- 34.33
- Operating Margin %
- 11.74%
- Net Margin %
- 6.06%
- ROE %
- 18.12%
- ROCE %
- 24.05%
- 5.43%
- Debtor Days
- 144
- Inventory Days
- 42
- Payable Days
- 319
- -133
- Debt to Equity (x)
- 0.10x
- Interest Coverage (x)
- 8.96x
- 1.32x
- Revenue Growth %
- -21.72%
- Operating Profit Growth %
- -3.38%
- Net Profit Growth %
- -0.68%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 161.81
- Book Value (₹)
- 1663.08
- Dividend per Share (₹)
- 16.00
- Cash EPS (₹)
- 25.31
- Operating Margin %
- 9.68%
- Net Margin %
- 4.55%
- ROE %
- 10.13%
- ROCE %
- 14.64%
- 3.49%
- Debtor Days
- 152
- Inventory Days
- 61
- Payable Days
- 357
- -144
- Debt to Equity (x)
- 0.07x
- Interest Coverage (x)
- 10.34x
- 1.45x
- Revenue Growth %
- -14.24%
- Operating Profit Growth %
- -30.69%
- Net Profit Growth %
- -36.93%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 17.45
- Book Value (₹)
- 183.22
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 26.42
- Operating Margin %
- 7.32%
- Net Margin %
- 3.11%
- ROE %
- 9.99%
- ROCE %
- 17.32%
- 3.33%
- Debtor Days
- 129
- Inventory Days
- 48
- Payable Days
- 178
- -1
- Debt to Equity (x)
- 0.06x
- Interest Coverage (x)
- 7.13x
- 1.34x
- Revenue Growth %
- 58.82%
- Operating Profit Growth %
- 19.39%
- Net Profit Growth %
- 7.85%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 20.82
- Book Value (₹)
- 199.99
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 30.85
- Operating Margin %
- 6.43%
- Net Margin %
- 3.13%
- ROE %
- 10.87%
- ROCE %
- 14.90%
- 3.47%
- Debtor Days
- 141
- Inventory Days
- 42
- Payable Days
- 167
- 16
- Debt to Equity (x)
- 0.23x
- Interest Coverage (x)
- 7.22x
- 1.31x
- Revenue Growth %
- 18.52%
- Operating Profit Growth %
- 4.11%
- Net Profit Growth %
- 19.31%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 29.68
- Book Value (₹)
- 227.75
- Dividend per Share (₹)
- 3.00
- Cash EPS (₹)
- 38.91
- Operating Margin %
- 9.00%
- Net Margin %
- 5.06%
- ROE %
- 13.88%
- ROCE %
- 17.36%
- 4.68%
- Debtor Days
- 184
- Inventory Days
- 42
- Payable Days
- 195
- 31
- Debt to Equity (x)
- 0.12x
- Interest Coverage (x)
- 9.05x
- 1.41x
- Revenue Growth %
- -11.94%
- Operating Profit Growth %
- 23.26%
- Net Profit Growth %
- 42.55%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 15.34
- Book Value (₹)
- 242.52
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 24.24
- Operating Margin %
- 5.74%
- Net Margin %
- 2.54%
- ROE %
- 6.53%
- ROCE %
- 9.29%
- 2.31%
- Debtor Days
- 190
- Inventory Days
- 42
- Payable Days
- 182
- 51
- Debt to Equity (x)
- 0.24x
- Interest Coverage (x)
- 4.43x
- 1.42x
- Revenue Growth %
- 3.13%
- Operating Profit Growth %
- -34.15%
- Net Profit Growth %
- -48.30%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 24.20
- Book Value (₹)
- 264.62
- Dividend per Share (₹)
- 3.00
- Cash EPS (₹)
- 32.78
- Operating Margin %
- 7.53%
- Net Margin %
- 3.82%
- ROE %
- 9.54%
- ROCE %
- 12.46%
- 3.45%
- Debtor Days
- 199
- Inventory Days
- 47
- Payable Days
- 176
- 70
- Debt to Equity (x)
- 0.23x
- Interest Coverage (x)
- 5.45x
- 1.40x
- Revenue Growth %
- 4.67%
- Operating Profit Growth %
- 37.16%
- Net Profit Growth %
- 57.71%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 31.51
- Book Value (₹)
- 293.03
- Dividend per Share (₹)
- 4.00
- Cash EPS (₹)
- 40.57
- Operating Margin %
- 7.88%
- Net Margin %
- 4.77%
- ROE %
- 11.30%
- ROCE %
- 15.79%
- 4.11%
- Debtor Days
- 221
- Inventory Days
- 53
- Payable Days
- 172
- 103
- Debt to Equity (x)
- 0.01x
- Interest Coverage (x)
- 6.30x
- 1.40x
- Revenue Growth %
- 4.50%
- Operating Profit Growth %
- 22.17%
- Net Profit Growth %
- 30.23%
- 30.23%
- P/E (x)
- 28.47x
- P/B (x)
- 3.06x
- Dividend Yield %
- 0.45%
- 15.30x
Mar 2025
- EPS (₹)
- 39.95
- Book Value (₹)
- 328.70
- Dividend per Share (₹)
- 5.00
- Cash EPS (₹)
- 49.10
- Operating Margin %
- 8.46%
- Net Margin %
- 5.85%
- ROE %
- 12.85%
- ROCE %
- 17.21%
- 4.94%
- Debtor Days
- 223
- Inventory Days
- 57
- Payable Days
- 156
- 123
- Debt to Equity (x)
- 0.11x
- Interest Coverage (x)
- 13.89x
- 1.46x
- Revenue Growth %
- 3.23%
- Operating Profit Growth %
- 13.53%
- Net Profit Growth %
- 26.77%
- 26.77%
- P/E (x)
- 26.25x
- P/B (x)
- 3.19x
- Dividend Yield %
- 0.48%
- 16.24x
Documents
Announcements
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-18 - Isgec Heavy Engineering Limited has informed the Exchange about Transcript of the Conference Call/ Meet to discuss the financial results of the Company for the quarter ended June 30, 2026.
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-12 - Isgec Heavy Engineering Limited has informed the Exchange about Link of Recording
Annual Reports
Credit Ratings
- Credit Rating- New
2026-05-26 - Intimation of Credit Rating - Reaffirmation
Concalls
Aug 2026
Jun 2026
May 2026