ISGEC Heavy

Why is ISGEC Heavy Engineering Ltd falling/rising?

As of 16-Jul, ISGEC Heavy Engineering Ltd's stock price has slightly risen to 898.70, but it has experienced a total decline of -3.74% over the past five days and a significant drop of -23.38% over the past year, indicating underperformance compared to the broader market. The company faces challenges such as reduced investor interest and poor long-term growth indicators, contributing to a negative outlook.

As of 16-Jul, ISGEC Heavy Engineering Ltd is experiencing a slight rise in its stock price, currently at 898.70, reflecting an increase of 5.7 (0.64%). However, this uptick comes after a period of consecutive declines, as the stock has been losing for the last five days, with a total decrease of -3.74% during this timeframe. <BR><BR>The stock's performance over various periods shows a concerning trend, with a year-to-date decline of -1.66% and a significant drop of -23.38% over the past year. In comparison, the broader market, represented by the Sensex, has shown a positive return of +0.58% over the past week and +0.49% over the past month, indicating that ISGEC Heavy is underperforming relative to the market.<BR><BR>Moreover, the stock is trading below its moving averages across multiple timeframes, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically signals a bearish trend. Investor participation has also declined, with a delivery volume that has fallen by -49.7% against the 5-day average, suggesting reduced interest from investors.<BR><BR>Financially, while the company has a relatively low debt-to-equity ratio of 0.31 and has seen a profit increase of 7.3% over the past year, the overall performance remains weak. The stock's return of -23.38% over the last year and its underperformance against the BSE500 in recent periods highlight ongoing concerns regarding its long-term growth prospects. Additionally, the recent quarterly profit after tax has fallen by -19.7%, and the company has shown below-par performance in both long-term and near-term metrics.<BR><BR>In summary, despite a minor rise in stock price, ISGEC Heavy Engineering Ltd is facing significant challenges, including a history of declining returns, reduced investor participation, and poor long-term growth indicators, which contribute to its overall negative outlook.

Which are the latest news on ISGEC Heavy?

Should I buy, sell or hold ISGEC Heavy Engineering Ltd?

How big is ISGEC Heavy?

As of 10th June, ISGEC Heavy Engineering Ltd has a market capitalization of 6,663.00 Cr, with recent net sales of 6,818.92 Cr and a net profit of 239.21 Cr. Shareholder's funds are 2,738.77 Cr, and total assets amount to 7,996.21 Cr.

As of 10th June, ISGEC Heavy Engineering Ltd has a market capitalization of 6,663.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, ISGEC Heavy reported Net Sales of 6,818.92 Cr and a Net Profit of 239.21 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 2,738.77 Cr and Total Assets of 7,996.21 Cr.

Who are in the management team of ISGEC Heavy?

The management team of ISGEC Heavy includes Aditya Puri (Managing Director), Ranjit Puri (Chairman), and several other directors and officers, such as Kishore Chatnani (CFO) and Sachin Saluja (Company Secretary), who oversee the company's governance and strategic direction.

The management team of ISGEC Heavy includes the following individuals:<BR><BR>1. **Aditya Puri** - Managing Director<BR>2. **Ranjit Puri** - Chairman (Non-Executive)<BR>3. **Sidharth Prasad** - Non-Executive & Independent Director<BR>4. **Vishal Kirti Keshav Marwaha** - Non-Executive & Independent Director<BR>5. **Arvind Sagar** - Non-Executive & Independent Director<BR>6. **Kishore Chatnani** - Whole Time Director & CFO<BR>7. **Sanjay Gulati** - Whole-time Director<BR>8. **Rashi Sikka** - Independent Director<BR>9. **Sachin Saluja** - Company Secretary & Compliance Officer<BR><BR>This team plays a crucial role in the governance and strategic direction of the company.

Who are the peers of the ISGEC Heavy?

ISGEC Heavy's peers include IRB InvIT Fund, Welspun Enterp, SG Mart, Dilip Buildcon, Ceigall India, Hind.Construct., Shrem InvIT, and NDR INVIT Trust. SG Mart shows the highest 1-year return at 39.30%, while ISGEC Heavy has a return of -30.49%.

Peers: The peers of ISGEC Heavy are IRB InvIT Fund, Welspun Enterp, SG Mart, Dilip Buildcon, Ceigall India, Hind.Construct., Shrem InvIT, and NDR INVIT Trust.<BR><BR>Quality Snapshot: Excellent management risk is observed at SG Mart and Ceigall India, while Good management risk is found at ISGEC Heavy. Average management risk is present at Welspun Enterp and Hind.Construct., and Below Average management risk is noted at IRB InvIT Fund, Dilip Buildcon, Shrem InvIT, and NDR INVIT Trust. Growth is Excellent at SG Mart and NDR INVIT Trust, Good at Welspun Enterp, and Below Average at ISGEC Heavy, Dilip Buildcon, Ceigall India, Hind.Construct., and the rest. Capital Structure is Good at ISGEC Heavy and SG Mart, Average at Ceigall India, and Below Average at IRB InvIT Fund, Welspun Enterp, Dilip Buildcon, Hind.Construct., Shrem InvIT, and NDR INVIT Trust.<BR><BR>Return Snapshot: The peer with the highest 1-year return is SG Mart at 39.30%, while the lowest is Dilip Buildcon at -21.17%. ISGEC Heavy's 1-year return of -30.49% is lower than both. Additionally, the peers with negative six-month returns are IRB InvIT Fund and Hind.Construct.

What does ISGEC Heavy do?

ISGEC Heavy Engineering Ltd is a Small Cap heavy engineering company established in 1933, specializing in construction. As of March 2026, it reported net sales of ₹2,048 Cr and a net profit of ₹73 Cr, with a market cap of ₹6,663 Cr.

Overview: <BR>ISGEC Heavy Engineering Ltd is a Heavy Engineering Company operating in the Construction industry, categorized as a Small Cap.<BR><BR>History: <BR>Incorporated in 1933, ISGEC Heavy Engineering Ltd has maintained its status as a heavy engineering firm. The latest quarterly results reported net sales and profit for March 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 2,048 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 73 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 6,663 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 21.00 <BR>Industry P/E: 37 <BR>Dividend Yield: 0.56% <BR>Debt-Equity: 0.19 <BR>Return on Equity: 11.17% <BR>Price to Book: 2.41<BR><BR>Contact Details: <BR>Address: Radaur Road, Yamuna Nagar Haryana: 135001 <BR>Tel: 91-1732-661061/62/307611 <BR>Email: roynr@isgec.com <BR>Website: http://www.isgec.com

Are ISGEC Heavy Engineering Ltd latest results good or bad?

ISGEC Heavy Engineering Ltd's latest results show strong sales growth with record net sales of ₹2,048.28 crores, up 17.42% year-on-year. However, net profit declined by 19.71%, indicating profitability challenges that investors should monitor closely.

ISGEC Heavy Engineering Ltd's latest results present a mixed picture. On one hand, the company achieved record net sales of ₹2,048.28 crores in Q4 FY26, reflecting a strong year-on-year growth of 17.42%. This indicates robust demand and operational momentum, as the revenue also grew sequentially by 17.81%.<BR><BR>However, the profitability aspect raises concerns. The net profit for the same quarter was ₹73.23 crores, which represents a significant decline of 19.71% compared to the previous year. This decline in profit, coupled with a decrease in the profit after tax margin to 4.15% from 5.62% a year ago, suggests that while the company is generating more revenue, it is struggling to maintain profitability due to rising costs and operational inefficiencies.<BR><BR>Additionally, the operating margin also contracted to 7.61%, down from 8.72% in the previous year, indicating that the core business profitability is under pressure. The increase in employee costs and interest expenses further complicates the financial outlook.<BR><BR>In summary, while ISGEC Heavy Engineering has demonstrated strong sales growth, the decline in net profit and margins suggests that the results are more concerning than positive. Investors should closely monitor how the company addresses these profitability challenges moving forward.

How has been the historical performance of ISGEC Heavy?

ISGEC Heavy has shown consistent growth in net sales and profitability, with net sales reaching 6,422.28 Cr in March 2025, up from 6,219.34 Cr in March 2024. Key financial metrics, including operating profit and profit after tax, have significantly improved, although cash flow from operating activities has fluctuated.

Answer:<BR>The historical performance of ISGEC Heavy shows a steady growth in net sales and profitability over the years, with net sales reaching 6,422.28 Cr in March 2025, up from 6,219.34 Cr in March 2024 and 6,399.04 Cr in March 2023. The total operating income also reflects this upward trend, increasing to 6,422.28 Cr in March 2025. Operating profit, excluding other income, improved to 579.40 Cr in March 2025, compared to 498.06 Cr in March 2024, indicating a stronger operational efficiency. Profit before tax rose significantly to 477.41 Cr in March 2025 from 354.04 Cr in the previous year, while profit after tax increased to 355.70 Cr, up from 254.75 Cr. The earnings per share also saw a notable rise, reaching 46.39 in March 2025, compared to 33.15 in March 2024.<BR><BR>Breakdown:<BR>ISGEC Heavy's financial performance has demonstrated consistent growth, particularly in net sales, which increased from 5,499.34 Cr in March 2022 to 6,422.28 Cr in March 2025. This growth is mirrored in total operating income, which also rose significantly during the same period. The company has managed to enhance its operating profit margin, which improved to 9.02% in March 2025, reflecting better cost management and operational efficiency. Profit before tax and profit after tax have both shown substantial increases, indicating a robust bottom line, with profit after tax reaching 355.70 Cr in March 2025. The company's balance sheet reflects a solid asset base of 7,996.21 Cr as of March 2025, with total liabilities at 7,996.21 Cr, suggesting a balanced financial position. However, cash flow from operating activities has seen fluctuations, with a cash flow of 116.00 Cr in March 2025, down from 735.00 Cr in March 2024, indicating potential challenges in cash generation despite the overall profitability.

Is ISGEC Heavy technically bullish or bearish?

As of 27 October 2025, ISGEC Heavy's technical trend has shifted to a bearish stance with moderate strength, indicated by bearish MACD, Bollinger Bands, and moving averages, alongside significant underperformance compared to the Sensex.

As of 27 October 2025, the technical trend for ISGEC Heavy has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include a bearish MACD on the weekly chart, bearish Bollinger Bands on both weekly and monthly time frames, and bearish moving averages on the daily chart. The KST is also bearish on the weekly chart, while Dow Theory indicates a mildly bearish stance on the weekly and monthly charts. The stock has underperformed significantly compared to the Sensex over various periods, further reinforcing the bearish outlook.

When is the next results date for ISGEC Heavy?

The next results date for ISGEC Heavy is 13 August 2025.

The next results date for ISGEC Heavy is scheduled for 13 August 2025.

Who are the top shareholders of the ISGEC Heavy?

The top shareholders of ISGEC Heavy include The Yamuna Syndicate Ltd with 45.0%, promoters, mutual funds with 9.31%, Foreign Institutional Investors at 3.47%, and Nippon Life India Trustee Ltd holding 5.96%. Individual investors collectively own 16.34% of the company.

The top shareholders of ISGEC Heavy include a mix of promoters and institutional investors. The largest shareholder is The Yamuna Syndicate Ltd, holding 45.0% of the shares. Promoters collectively hold a significant portion, while mutual funds are represented by 13 schemes with a combined holding of 9.31%. Foreign Institutional Investors (FIIs) hold 3.47% through 96 different entities. The highest public shareholder is Nippon Life India Trustee Ltd, which manages the Nippon India Small Cap Fund, holding 5.96%. Additionally, individual investors collectively own 16.34% of the company.

Is ISGEC Heavy overvalued or undervalued?

As of February 11, 2025, ISGEC Heavy is considered overvalued with a PE ratio of 34.09 and a valuation grade of attractive, despite outperforming the Sensex recently, especially when compared to peers like Thermax and BEML Ltd, which have much higher PE ratios.

As of 11 February 2025, the valuation grade for ISGEC Heavy has moved from very attractive to attractive, indicating a shift in its perceived value. The company is currently considered overvalued based on its key financial ratios. The PE ratio stands at 34.09, while the EV to EBITDA ratio is 18.02, and the PEG ratio is 3.24, suggesting that the stock may be priced higher than its growth prospects justify.<BR><BR>In comparison to its peers, ISGEC Heavy's PE ratio is significantly lower than that of Thermax, which has a PE of 66.31, and BEML Ltd at 62.34, both of which are categorized as very expensive. Despite the recent stock performance showing a 5.11% return over the past week compared to a 1.42% return on the Sensex, the overall valuation metrics indicate that ISGEC Heavy is overvalued in the current market environment.

Has ISGEC Heavy declared dividend?

ISGEC Heavy Engineering Ltd has declared a 400% dividend, amounting to ₹4 per share, with an ex-date of August 21, 2024. Despite a -15.19% total return over the last 6 months, the company has shown strong performance with total returns exceeding 100% over 2 to 5-year periods.

ISGEC Heavy Engineering Ltd has declared a 400% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 400%<BR>- Amount per share: 4 per share<BR>- Ex-date: 21 Aug 24<BR><BR>Dividend Yield: 0.32%.<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -15.19%, with a dividend return of 0%, resulting in a total return of -15.19%.<BR><BR>For the 1-year period, the price return was 13.19%, the dividend return was 0.35%, leading to a total return of 13.54%.<BR><BR>Over the 2-year period, the price return was 107.97%, with a dividend return of 1.10%, culminating in a total return of 109.07%.<BR><BR>In the 3-year period, the price return stood at 164.13%, the dividend return was 1.95%, giving a total return of 166.08%.<BR><BR>For the 4-year period, the price return was 116.97%, with a dividend return of 1.39%, resulting in a total return of 118.36%.<BR><BR>In the 5-year period, the price return was 417.88%, the dividend return was 5.22%, leading to a total return of 423.1%.<BR><BR>Overall, ISGEC Heavy has declared a significant dividend while also showing positive total returns over longer periods, particularly in the 2 to 5-year ranges, indicating strong performance despite some short-term fluctuations.