ISGEC Heavy
ISGEC Heavy Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book
Q1 FY27 earnings call: what management guided on revenue, margins and order book.
What the Q1 FY27 call signalled
1 of 4 strong
Not discussed on this call: fundraise.
The short version
FY27 revenue growth guidance is 10% to 12% on a standalone basis. FY27 standalone revenue expected to grow 10% to 12%.
From ISGEC Heavy's Q1 FY27 earnings-call transcript · updated 25 Aug 2026.
Revenue & Sales Performance
- FY27 revenue growth guidance is 10% to 12% on a standalone basis.
- Manufacturing segment expected to maintain steady revenue around INR 750 crores per quarter.
- Manufacturing expansion projects (presses, skids, modules, casting, tubing) are progressing on schedule, with new capacities contributing to FY27 revenue.
- Isgec Titan expected to increase revenue from INR 102 crores in FY26 to INR 150 crores in FY27.
- Isgec Hitachi Zosen projected to grow revenue by about 10% over last year.
- Order book robust at INR 7,727 crores with strong execution pipeline, including exports.
- Export revenue contributing about 25% of total, expected to continue growing.
- Conservative guidance approach aiming to give realistic targets while actual growth could be higher.
- Enlargement of services division expected to double operations and maintenance base in two years, adding to future revenues.
Profitability & Margins
See what ISGEC Heavy said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Total approved capital investment by the Board is INR 502 crores focused on manufacturing capacity expansion.
- Key projects include:
- - Machine building presses plant at Bhartauli, Haryana (first phase nearing completion, expected small production from early next month; major phase completion targeted by end of 2027 or Q1 2028).
- - New skid and module manufacturing facility at SEZ plant in Dahej, Gujarat (expected completion by May 31, 2027).
- - Capacity expansion and machining upgrades at casting factories, tubing and piping shops at Rattangarh, and the standard mechanical press factory at Bawal.
- These expansions combined have a potential to add about INR 1,200 crores per year in revenue when fully operational, mainly reflecting from FY 2028-29 with progressive benefits starting earlier.
- Total investment including corporate office building under construction is estimated between INR 700-800 crores over 2-3 years.
- Capital expenditure is being largely self-financed, reducing borrowing levels.
Top-ranked in Construction
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what ISGEC Heavy said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- Consolidated orders in hand as of June 30, 2026: INR 8,958 crores.
- Standalone orders in hand as of June 30, 2026: INR 7,727 crores.
- Order execution timelines:
- - Manufactured items: 4-6 months to 10-12 months.
- - Project business: 14 months to about 2.5 years.
- - Isgec Hitachi Zosen orders: 15-18 months.
- - Eagle Press orders: 6-9 months.
- Order booking:
- - Strong pipeline, especially for international orders.
- - Already booked about INR 1,200 crores of orders in Q2 (July onwards).
- Outlook:
- - Order inflows expected to remain healthy with good visibility from domestic and export markets, including Africa and Latin America.
- Strategy:
- - Focus on shorter duration, technology-intensive projects to improve margins and cash flow.
ISGEC Heavy — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹2.0K Cr, net profit ₹85 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What ISGEC Heavy Engineering Ltd's management said in earlier quarters
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Frequently Asked Questions
What were ISGEC Heavy Q1 FY27 results?
FY27 revenue growth guidance is 10% to 12% on a standalone basis. FY27 standalone revenue expected to grow 10% to 12%.
What is ISGEC Heavy share price analysis?
ISGEC Heavy currently shows a below-average growth signal. The stock trades at a P/E of 21.2 with a market cap of ₹5,552 Cr. Investors should review the full earnings analysis for detailed insights.
Is ISGEC Heavy planning capital expenditure?
Total approved capital investment by the Board is INR 502 crores focused on manufacturing capacity expansion.
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.