ISGEC Heavy

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.

how big is ISGEC Heavy?

As of Jun 06, ISGEC Heavy Engineering Ltd has a market capitalization of 9,399.00 Cr, with recent net sales of 6,424.64 Cr and a net profit of 269.30 Cr over the last four quarters. Shareholder's funds are 2,522.56 Cr, and total assets amount to 7,803.00 Cr as of Mar'24.

Market Cap: As of Jun 06, ISGEC Heavy Engineering Ltd has a market capitalization of 9,399.00 Cr, categorizing it as a Mid Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters, which is consolidated data, amounts to 6,424.64 Cr. The sum of Net Profit for the same period is 269.30 Cr.<BR><BR>Balance Sheet Snapshot: This is consolidated data for the latest annual period ending in Mar'24. Shareholder's Funds are reported at 2,522.56 Cr, while Total Assets stand at 7,803.00 Cr.

What does ISGEC Heavy do?

ISGEC Heavy Engineering Ltd is a heavy engineering company specializing in manufacturing machinery and providing engineering, procurement, and construction services. As of March 2025, it reported net sales of ₹1,744 Cr and a net profit of ₹91 Cr, with a market cap of ₹9,158 Cr.

Overview:<BR>ISGEC Heavy Engineering Ltd is a heavy engineering company that operates in the construction industry, focusing on the manufacturing of machinery and equipment as well as engineering, procurement, and construction services.<BR><BR>History:<BR>Incorporated in 1933, ISGEC Heavy Engineering Ltd has established itself in the heavy engineering sector. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Net Sales: 1,744 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 91 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 9,158 Cr (Mid Cap)<BR><BR>Key Metrics:<BR>P/E: 35.00 <BR>Industry P/E: 38 <BR>Dividend Yield: 0.32% <BR>Debt Equity: 0.17 <BR>Return on Equity: 10.99% <BR>Price to Book: 3.52 <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

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.

Who are the peers of the ISGEC Heavy?

ISGEC Heavy's peers include Larsen & Toubro, Rail Vikas, Altius Telecom, NBCC, and others, with varying management risks and growth rates. In terms of returns, NBCC leads at 24.15% over one year, while ISGEC Heavy has a return of 6.83%.

Peers: The peers of ISGEC Heavy are Larsen & Toubro, Rail Vikas, Altius Telecom, NBCC, IRB Infra.Devl., Powergrid Infra, PNC Infratech, Dilip Buildcon, Welspun Enterp, and H.G. Infra Engg.<BR><BR>Quality Snapshot: Excellent management risk is observed at NBCC, H.G. Infra Engg., and ISGEC Heavy, while Good management risk is found at Larsen & Toubro, PNC Infratech, and the rest. Average management risk is noted for Rail Vikas, IRB Infra.Devl., Powergrid Infra, Dilip Buildcon, Welspun Enterp, and the rest. Growth is Excellent at Altius Telecom and H.G. Infra Engg., Good at NBCC and ISGEC Heavy, Average at Larsen & Toubro and Powergrid Infra, and Below Average at Rail Vikas, IRB Infra.Devl., PNC Infratech, Dilip Buildcon, Welspun Enterp, and the rest. Capital Structure is Excellent at NBCC, Good at ISGEC Heavy and H.G. Infra Engg., Below Average at Altius Telecom, IRB Infra.Devl., PNC Infratech, Dilip Buildcon, Welspun Enterp, and Average at Rail Vikas, Larsen & Toubro, and Powergrid Infra.<BR><BR>Return Snapshot: The peer with the highest 1-year return is NBCC at 24.15%, while the peer with the lowest is PNC Infratech at -48.00%. ISGEC Heavy's 1-year return of 6.83% is higher than that of PNC Infratech but lower than NBCC. Additionally, the peers with negative six-month returns include IRB Infra.Devl., PNC Infratech, and H.G. Infra Engg.

Who are in the management team of ISGEC Heavy?

As of March 2023, the management team of ISGEC Heavy includes Aditya Puri (Managing Director), Ranjit Puri (Chairman), and several non-executive and independent directors, along with whole-time directors and a company secretary, overseeing the company's operations and strategy.

As of March 2023, the management team of ISGEC Heavy includes the following members:<BR><BR>1. Aditya Puri - Managing Director (Remuneration: INR 6.79 crore)<BR>2. Ranjit Puri - Chairman (Non-Executive) (Remuneration: INR 4.55 lakhs)<BR>3. Sidharth Prasad - Non-Executive & Independent Director (Remuneration: INR 4.95 lakhs)<BR>4. Vishal Kirti Keshav Marwaha - Non-Executive & Independent Director (Remuneration: INR 2.65 lakhs)<BR>5. Arvind Sagar - Non-Executive & Independent Director (Remuneration: INR 4.75 lakhs)<BR>6. Kishore Chatnani - Whole Time Director & CFO (Remuneration: INR 1.44 crore)<BR>7. Sanjay Gulati - Whole-time Director (Remuneration: INR 1.02 crore)<BR>8. Rashi Sikka - Independent Director (Remuneration: INR 3.31 lakhs)<BR>9. Sachin Saluja - Company Secretary & Compliance Officer (Remuneration: INR 0)<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

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.

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.

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.

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.

Are ISGEC Heavy Engineering Ltd latest results good or bad?

ISGEC Heavy Engineering Ltd's latest results show a strong quarterly profit increase of 247.68% and improved operating margins, but the company struggles with weak long-term sales growth and has underperformed in the market, indicating caution for investors.

ISGEC Heavy Engineering Ltd's latest results present a mixed picture. On one hand, the company reported a significant year-on-year increase in consolidated net profit of 247.68%, reaching ₹69.78 crores, alongside a 16.26% rise in net sales to ₹1,738.56 crores. The operating margin also improved to 11.14%, marking the highest level in eight quarters, which indicates better cost management and operational efficiency.<BR><BR>However, despite these positive quarterly results, ISGEC faces ongoing challenges. The long-term sales growth has been weak, averaging only 2.22% annually over the past five years, which is considerably below inflation and peer performance. Additionally, the company's stock has underperformed significantly against the broader market and its construction sector peers, with a decline of 29.28% over the past year.<BR><BR>Overall, while the quarterly results show encouraging signs of profitability and margin improvement, the persistent issues related to long-term growth and market performance suggest caution for investors.

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

Why is ISGEC Heavy Engineering Ltd falling/rising?

As of 16-Mar, ISGEC Heavy Engineering Ltd's stock price is at 880.00, reflecting a decline of 2.28% and significant selling pressure. Despite positive financial results, the stock has underperformed over the past year, contributing to its current downward trend.

As of 16-Mar, ISGEC Heavy Engineering Ltd's stock price is falling, currently at 880.00, which reflects a decrease of 20.55 or 2.28%. The stock has been on a downward trend, having lost 7.34% over the last three days and underperformed its sector by 1.63% today. Additionally, the stock reached an intraday low of Rs 857.55, indicating significant selling pressure.<BR><BR>In terms of performance relative to the market, the stock has underperformed over the past year, generating a return of -6.49% while the broader market (BSE500) has seen a positive return of 5.94%. This underperformance is a critical factor contributing to the stock's decline. Although the company has shown positive financial results, such as a 135.8% growth in PAT for the last quarter and a strong return on capital employed (ROCE) of 15.84%, these have not translated into positive stock performance.<BR><BR>Moreover, while the stock has a relatively low debt-to-equity ratio of 0.31 and is trading at a discount compared to its peers, the overall sentiment appears to be negative, as indicated by the recent price movements and the stock's performance against market benchmarks. The combination of these factors has led to the current decline in ISGEC Heavy Engineering Ltd's stock price.

Which are the latest news on ISGEC Heavy?