ISGEC Heavy Engineering Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Isgec Heavy Engineering reported standalone total income up 51% year-on-year to Rs 1,585 crores for Q1 FY27, with PBT up 10% to Rs 123 crores, while consolidated total income rose 45% to Rs 1,993 crores. Management attributed the growth to improved order execution in Industrial Projects and a large dispatch to a U.S. customer in the manufacturing segment, while the Philippines ethanol plant recorded an Rs 83 crore loss due to depreciation, interest and forex fluctuations. Standalone order book stood at Rs 7,727 crores and consolidated orders in hand were Rs 8,958 crores as of June 30, 2026.
Isgec Heavy Engineering reported Q4 standalone revenue growth of 16% and PBT growth of 48% year-on-year, while full year FY26 standalone revenue grew 4.2% to Rs 5,229 crores, below the earlier 7%-8% guidance. Management explained that consolidated PAT fell about 25% due to higher depreciation linked to the reclassification of the Philippines ethanol business from assets held for sale to continuing operations. Management also outlined an FY27 standalone revenue growth expectation of 10% to 12%, supported by an opening order book of about Rs 7,000 crores and new orders of Rs 1,400 crores booked in the first two months of the quarter.