ISGEC Heavy Engineering Limited
Isgec Heavy Engineering Limited provides engineering solutions worldwide. It operates in two segments, Manufacturing of Machinery & Equipment; and Industrial Projects. The company provides process plant equipment, including reactors, high pressure vessels, shell and tube heat exchangers, columns and towers, and high pressure boiler drums; boilers, such as solid and biomass fuels, bagasse and biomass, oil and gas fired, blast furnace gas fired, waste to energy, and heat recovery boilers, as well as auxiliaries comprising air pollution control equipment, bag filters, SCR/SNCR, flue gas desulphurization systems, and deaerators; and site construction and commissioning, operation and maintenance, supervision, retrofitting and modernization, residual life assessment studies, spares, and technical assistance services. It also offers engineering, procurement, and construction services; sugar plants and machinery that include mills, diffusers, process house equipment, sugar refinery, turnkey distillery plants, and spares and retrofits; presses, such as mechanical and hydraulic straight sided, mechanical gap and ring frame, and servo presses; and steel castings, including steam/gas turbine, hydro turbine, valve, pump, mining and crushing, and general engineering castings. In addition, the company provides iron castings, air pollution control equipment, and liquefied gas containers, as well as contract manufacturing services. Further, it manufactures and sells sugar and its by-products, and ethanol and its by-products. It serves power, fertilizer, sugar and distillery, oil and gas, petrochemicals, automobile, steel, defense, cement, and chemicals industries. The company was formerly known as The Saraswati Industrial Syndicate Limited and changed its name to Isgec Heavy Engineering Limited in 2011. The company was incorporated in 1933 and is based in Noida, India.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockStrengths1
- Comfortable interest coverage of 6.8x
Concerns0
Rule-based from financial data. Not advice.
Monthly Returns
Year-to-Date ROI
Historical Volatility
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ5.02 K Cr | β | βΉ294.00 Cr | β | β | 12.2% | 3.2% | 26.7% |
| Mar 2024 | βΉ4.86 K Cr | β | βΉ232.00 Cr | β | β | 10.8% | 4.5% | 30.3% |
| Mar 2023 | βΉ4.65 K Cr | β | βΉ178.00 Cr | β | β | 9.2% | 4.7% | 57.5% |
| Mar 2022 | βΉ4.44 K Cr | β | βΉ113.00 Cr | β | β | 6.3% | 3.1% | -48.2% |
| Mar 2021 | βΉ4.31 K Cr | β | βΉ218.00 Cr | β | β | 13.0% | -11.9% | 42.5% |
| Mar 2020 | βΉ4.89 K Cr | β | βΉ153.00 Cr | β | β | 10.4% | 18.5% | 19.5% |
| Mar 2019 | βΉ4.13 K Cr | β | βΉ128.00 Cr | β | β | 9.5% | 58.8% | 7.6% |
| Mar 2018 | βΉ2.60 K Cr | β | βΉ119.00 Cr | β | β | 9.7% | -14.2% | -37.0% |
| Mar 2017 | βΉ3.03 K Cr | β | βΉ189.00 Cr | β | β | 16.8% | -21.7% | -0.5% |
| Mar 2016 | βΉ3.87 K Cr | β | βΉ190.00 Cr | β | β | 19.9% | 18.1% | 32.9% |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | TTM |
|---|---|
| Revenue / Net Sales | 4,790 |
| Total Expenses | 4,428 |
| EBIT / Operating Profit | 362 |
| OPM % | 8% |
| Other Income | 129 |
| Finance Costs | 30 |
| Depreciation & Amortisation | 70 |
| Profit Before Tax | 391 |
| Tax % | - |
| Net Profit / PAT | 293 |
| EPS (βΉ) | 39.82 |
| Dividend Payout % | - |
Peer Comparison
Industrials sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| ISGEC Heavy Engineering Limitedthis co. | βΉ5.85 K Cr | βΉ5.02 K Cr | 20.00 | 2.29 | 11.34 | 3.2% |
| Larsen & Toubro Limited | βΉ5.35 L Cr | βΉ1.43 L Cr | 52.20 | 7.87 | 34.29 | 12.9% |
| Adani Ports and Special Economic Zone Ltd | βΉ3.29 L Cr | βΉ7.91 K Cr | 159.00 | 10.36 | 62.82 | 16.2% |
| Solar Industries India Limited | βΉ1.15 L Cr | βΉ4.46 K Cr | 121.00 | 32.81 | 128.61 | 19.9% |
| Polycab India Limited | βΉ1.14 L Cr | βΉ21.91 K Cr | 46.90 | 10.84 | 42.32 | 21.4% |
| Cummins India Ltd. | βΉ1.10 L Cr | βΉ10.34 K Cr | 49.50 | 15.01 | 47.01 | 15.4% |
| Ashok Leyland Ltd. | βΉ1.09 L Cr | βΉ38.75 K Cr | 32.00 | 9.49 | 22.91 | 1.0% |
| Industry Average | β | βΉ5.40 K Cr | 57.83 | 7.16 | 40.88 | 45.0% |