ISGEC Heavy Engineering Ltd
ISGEC Heavy Engineering Q4 FY26 earnings call: Revenue & Margins
Q4 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
FY27 standalone revenue expected to increase by 10% to 12%. FY27 standalone revenue expected to grow 10% to 12%, driven mainly by manufacturing (approx.
From ISGEC Heavy Engineering Ltd's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- FY27 standalone revenue expected to increase by 10% to 12%.
- Manufacturing segment expected to contribute around INR 500 crores growth (~10%).
- Projects business growth anticipated at about 3% to 4%.
- Export revenue, which rose to INR 1,169 crores (22% of total revenue) in FY26, is expected to increase further with strong inquiry pipeline and order bookings.
- New production capacities coming online in FY27 will contribute to revenue.
- Increased export orders likely supported by weaker Indian rupee improving realizations.
- Ongoing capacity expansions across manufacturing product lines.
- Order book remains healthy with INR 7,000 crores opening order book excluding cancelled orders; new order bookings of INR 1,400 crores in first two months of current quarter.
2 more points management made on revenue & sales performance
Profitability & Margins
See what ISGEC Heavy Engineering Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- During FY26, Isgec Heavy Engineering invested INR153 crores in capital expenditure for capacity expansion across manufacturing product lines.
- The Board approved an additional investment of INR25 crores to expand capacity at the Muzaffarnagar steel castings plant.
- New production capacities from these investments are expected to come online and contribute to FY27 revenue.
- The company is also actively investing in new technology segments, including equipment used in emerging areas like coal gasification and polysilicon to wafer solar technologies, indicating strategic positioning in future growth industries.
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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 Engineering Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- Opening order book for FY27 standalone is about INR 7,000 crores (after excluding INR 550 crores of cancelled orders).
- New orders of INR 1,400 crores booked in the first 2 months of the current quarter (FY27).
- Export order book as of March 31, 2026, is about INR 1,450 crores, with expectations to increase during the year.
- Isgec Hitachi Zosen JV order book as of March 31, 2026, stands at INR 763 crores.
2 more points management made on order book & pipeline
ISGEC Heavy Engineering Ltd — 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's management said in earlier quarters
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Frequently Asked Questions
What were ISGEC Heavy Engineering Ltd Q4 FY26 results?
FY27 standalone revenue expected to increase by 10% to 12%. FY27 standalone revenue expected to grow 10% to 12%, driven mainly by manufacturing (approx.
What is ISGEC Heavy Engineering Ltd share price analysis?
ISGEC Heavy Engineering Ltd currently shows a neutral. The stock trades at a P/E of 53.2 with a market cap of ₹6,110 Cr. Investors should review the full earnings analysis for detailed insights.
Is ISGEC Heavy Engineering Ltd planning capital expenditure?
During FY26, Isgec Heavy Engineering invested INR153 crores in capital expenditure for capacity expansion across manufacturing product lines.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.