About Isgec Heavy Engineering Limited
Data last updated: 22 December 2025
Isgec Heavy Engineering Limited is a public limited company based in Haryana, Haryana, India. The company specialises in engineering. Incorporated on 23 January 1933, the company has been in operation for over 93 years.
Registered with ROC Delhi under CIN L23423HR1933PLC000097. Listed on BSE: 533033 and NSE: ISGEC.
Capital: an authorised share capital of ₹8.5 Cr and a paid-up capital of ₹7.35 Cr. Formerly known as Saraswati Industrial Syndicate Limited and The Saraswati Sugar Syndicate Limited. It is led by directors including Sanjay Gulati and Arvind Sagar.
Last AGM: 16 September 2025. Financial statements filed for year ended 31 March 2025. Office: Radaur Roadyamuna Nagar, Haryana, Haryana, India – 135001.
As per the financials filed for FY 2025, the company reported a revenue of ₹6,461.62 Cr, a growth of 4% compared to the previous year.
The company has a workforce of approximately 5,834 employees as per the latest available data. Its group structure includes 5 subsidiaries and 4 joint ventures.
The company is associated with 1 brand - Isgec. As per MCA filings, the company has open charges of ₹6,204.6 Cr and satisfied charges of ₹9,189.23 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website isgec.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered AddressRadaur Roadyamuna Nagar, Haryana, Haryana, India – 135001
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IndustryEngineering, Engineering, Procurement & Construction (EPC)
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Isgec Heavy Engineering Limited
Isgec Heavy Engineering Limited has undergone 2 name changes throughout its history. The company was previously known as Saraswati Industrial Syndicate Limited, and The Saraswati Sugar Syndicate Limited. The current legal name is Isgec Heavy Engineering Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Isgec Heavy Engineering Limited | Current |
| Saraswati Industrial Syndicate Limited | Previous |
| The Saraswati Sugar Syndicate Limited | Previous |
Associated Brands with Isgec Heavy Engineering Limited
Isgec Heavy Engineering Limited operates one associated brand: Isgec. These brands represent Isgec Heavy Engineering Limited's diversified market presence and brand portfolio.
Business Activity of Isgec Heavy Engineering Limited
Isgec Heavy Engineering Limited is engaged in the principal business activity of manufacturing, with detailed activities including electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | ********* |
Auditor Details of Isgec Heavy Engineering Limited
Isgec Heavy Engineering Limited is audited by SCV & CO. LLP (ICAI peer reviewed, certificate valid till 2027-02-28) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| SCV & CO. LLP (ICAI peer reviewed, certificate valid till 2027-02-28) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Isgec Heavy Engineering Limited
Isgec Heavy Engineering Limited is currently managed by 11 directors, with 19 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Sanjay Gulati
Also directs:
Isgec Hitachi Zosen Limited
|
Managing Director | 01 Oct 2025 | 0 Years 9 Months | Current |
| Arvind Sagar | Director | 28 Jun 2021 | 5 Years 0 Months | Current |
| Sachin Saluja | Nodal Officer | 17 Nov 2022 | 3 Years 7 Months | Current |
| Ranjit Puri | Director | 14 Oct 1981 | 44 Years 8 Months | Current |
|
Aditya Puri
Also directs:
The Yamuna Syndicate Limited, Saraswati Sugar Mills Limited, Isgec Engineering And Projects Limited and 5 more
|
Managing Director | 30 Apr 1996 | 30 Years 2 Months | Current |
| Rajiv Roychaudhury | Director | 08 Jul 2025 | 1 Years 0 Months | Current |
Financials of Isgec Heavy Engineering Limited FY 2026 filings available
Isgec Heavy Engineering Limited reported revenue of ₹6,789.26 Cr (up 5.71% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenue from Operations | ₹6,789.26 Cr | ₹6,422.28 Cr | ₹6,219.34 Cr | ₹6,399.04 Cr | ₹5,499.34 Cr | ₹5,425.57 Cr |
| Other Income | ₹133.02 Cr | ₹39.34 Cr | ₹25.9 Cr | ₹12.67 Cr | ₹13.24 Cr | ₹51.76 Cr |
| Total Income | ₹6,922.28 Cr | ₹6,461.62 Cr | ₹6,245.24 Cr | ₹6,411.71 Cr | ₹5,512.58 Cr | ₹5,477.33 Cr |
| Cost of Materials Consumed | ₹1,994.86 Cr | ₹2,010.95 Cr | ₹1,997.97 Cr | ₹1,840.54 Cr | ₹1,593.15 Cr | ₹1,223.95 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹1,873.89 Cr | ₹1,806.97 Cr | ₹2,001.43 Cr | ₹1,962.08 Cr |
| Changes in Inventories | -₹40.89 Cr | -₹64.65 Cr | -₹141.85 Cr | ₹284.01 Cr | -₹198.44 Cr | ₹109.24 Cr |
| Employee Benefit Expense | ₹666.42 Cr | ₹555.56 Cr | ₹507.14 Cr | ₹462.55 Cr | ₹433.03 Cr | ₹384.05 Cr |
| Finance Costs | ₹85.1 Cr | ₹39.3 Cr | ₹63.68 Cr | ₹72.99 Cr | ₹65.16 Cr | ₹50.24 Cr |
| Depreciation & Amortisation | ₹278.34 Cr | ₹102.03 Cr | ₹106.24 Cr | ₹104.3 Cr | ₹101.36 Cr | ₹100.86 Cr |
| Other Expenses | ₹3,614.14 Cr | ₹3,341.02 Cr | ₹1,484.13 Cr | ₹1,550.36 Cr | ₹1,358.81 Cr | ₹1,291.28 Cr |
| Total Expenses | ₹6,597.97 Cr | ₹5,984.21 Cr | ₹5,891.2 Cr | ₹6,121.72 Cr | ₹5,354.5 Cr | ₹5,121.7 Cr |
| Profit Before Exceptional Items & Tax | ₹324.31 Cr | ₹477.41 Cr | ₹354.04 Cr | ₹289.99 Cr | ₹158.08 Cr | ₹355.63 Cr |
| Exceptional Items | -₹16.49 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹307.82 Cr | ₹477.41 Cr | ₹354.04 Cr | ₹289.99 Cr | ₹158.08 Cr | ₹355.63 Cr |
| Total Tax Expense | ₹153.86 Cr | ₹121.71 Cr | ₹99.29 Cr | ₹84.49 Cr | ₹43.11 Cr | ₹102.74 Cr |
| Net Profit | ₹154.04 Cr | ₹263.92 Cr | ₹254.87 Cr | ₹205.54 Cr | ₹114.99 Cr | ₹253.07 Cr |
| attributable to Owners | ₹108.93 Cr | ₹249.19 Cr | ₹243.67 Cr | ₹196.49 Cr | ₹108.82 Cr | ₹247.85 Cr |
| attributable to NCI | ₹45.11 Cr | ₹14.73 Cr | ₹11.2 Cr | ₹9.05 Cr | ₹6.17 Cr | ₹5.22 Cr |
| Other Comprehensive Income | -₹14.53 Cr | -₹3.83 Cr | -₹2.22 Cr | ₹1.56 Cr | -₹2.02 Cr | ₹3.85 Cr |
| Total Comprehensive Income | ₹139.51 Cr | ₹260.09 Cr | ₹252.65 Cr | ₹207.1 Cr | ₹112.97 Cr | ₹256.92 Cr |
| EBITDA (computed) | ₹687.75 Cr | ₹618.74 Cr | ₹523.96 Cr | ₹467.28 Cr | ₹324.6 Cr | ₹506.73 Cr |
| Basic EPS | ₹14.81 | ₹46.37 | ₹33.14 | ₹26.72 | ₹14.80 | ₹33.71 |
| Diluted EPS | ₹14.81 | ₹46.37 | ₹33.14 | ₹26.72 | ₹14.80 | ₹33.71 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹8,077.14 Cr | ₹8,041.46 Cr | ₹7,835.17 Cr | ₹7,074.7 Cr |
| Non-current Assets | ₹2,042.8 Cr | ₹1,120.19 Cr | ₹2,099.88 Cr | ₹1,913.06 Cr |
| Current Assets | ₹6,034.34 Cr | ₹5,871.22 Cr | ₹5,735.29 Cr | ₹5,161.64 Cr |
| Property, Plant & Equipment | ₹1,737.18 Cr | ₹920.83 Cr | ₹896.1 Cr | ₹890.76 Cr |
| Inventories | ₹1,652.65 Cr | ₹1,477.47 Cr | ₹1,410.33 Cr | ₹1,163.84 Cr |
| Trade Receivables | ₹2,751.3 Cr | ₹2,832.64 Cr | ₹2,928.69 Cr | ₹2,819.49 Cr |
| Cash & Equivalents | ₹324.22 Cr | ₹92.36 Cr | ₹142.62 Cr | ₹168.15 Cr |
| Equity (Net Worth) | ₹2,887.67 Cr | ₹2,848.82 Cr | ₹2,618.54 Cr | ₹2,392.09 Cr |
| Equity Share Capital | ₹7.35 Cr | ₹7.35 Cr | ₹7.35 Cr | ₹7.35 Cr |
| Borrowings (Non-current) | ₹517.42 Cr | ₹221.18 Cr | ₹406.48 Cr | ₹432.86 Cr |
| Borrowings (Current) | ₹400.65 Cr | ₹621.96 Cr | ₹380.76 Cr | ₹767.54 Cr |
| Total Debt (computed) | ₹918.07 Cr | ₹843.14 Cr | ₹787.24 Cr | ₹1,200.4 Cr |
| Current Liabilities | ₹4,347.45 Cr | ₹4,349.34 Cr | ₹4,493.9 Cr | ₹3,908.93 Cr |
| Total Liabilities | ₹5,189.47 Cr | ₹5,192.64 Cr | ₹5,216.63 Cr | ₹4,682.61 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹749.99 Cr | ₹108.61 Cr | ₹735.17 Cr | ₹200.46 Cr | -₹70.3 Cr |
| Investing Cash Flow | -₹115.62 Cr | -₹296.54 Cr | -₹232.37 Cr | -₹51.25 Cr | -₹141.43 Cr |
| Financing Cash Flow | -₹341.25 Cr | ₹108.4 Cr | -₹486.82 Cr | -₹97.77 Cr | ₹175.75 Cr |
| Capital Expenditure | ₹165.1 Cr | ₹239.88 Cr | ₹239.29 Cr | ₹141.54 Cr | ₹56.3 Cr |
| Free Cash Flow (computed) | ₹584.89 Cr | -₹131.27 Cr | ₹495.88 Cr | ₹58.92 Cr | -₹126.6 Cr |
| Dividends Paid | ₹41.1 Cr | ₹32.23 Cr | ₹25.2 Cr | ₹17.36 Cr | ₹10.33 Cr |
| Net Change in Cash | ₹231.1 Cr | -₹49.5 Cr | -₹25.53 Cr | ₹66.87 Cr | -₹53.27 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹2,048.28 Cr | ₹1,738.56 Cr | ₹1,691.09 Cr | ₹1,340.99 Cr | ₹1,744.4 Cr | ₹1,496.66 Cr | ₹1,643.9 Cr | ₹1,539.68 Cr | ₹1,867.96 Cr | ₹1,492.52 Cr | ₹1,473.1 Cr | ₹1,385.76 Cr |
| Other Income | ₹62.7 Cr | ₹17.79 Cr | ₹34.38 Cr | ₹17.8 Cr | ₹2.63 Cr | ₹4.33 Cr | ₹23.52 Cr | ₹8.87 Cr | ₹4.01 Cr | ₹5.27 Cr | ₹3.56 Cr | ₹13.06 Cr |
| Total Income | ₹2,110.98 Cr | ₹1,756.35 Cr | ₹1,725.47 Cr | ₹1,358.79 Cr | ₹1,747.03 Cr | ₹1,500.99 Cr | ₹1,667.42 Cr | ₹1,548.55 Cr | ₹1,871.97 Cr | ₹1,497.79 Cr | ₹1,476.66 Cr | ₹1,398.82 Cr |
| Cost of Materials Consumed | ₹673.56 Cr | ₹611.74 Cr | ₹406.46 Cr | ₹298.31 Cr | ₹687.5 Cr | ₹572.68 Cr | ₹436.81 Cr | ₹317.12 Cr | ₹698.95 Cr | ₹579.68 Cr | ₹307.37 Cr | ₹411.97 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹360.29 Cr | ₹485.94 Cr | ₹449.37 Cr | ₹668.43 Cr | ₹369.56 Cr | ₹392.3 Cr | ₹443.6 Cr |
| Changes in Inventories | -₹71.91 Cr | -₹153.4 Cr | ₹109.58 Cr | ₹80.29 Cr | -₹197 Cr | -₹82.63 Cr | ₹78.38 Cr | ₹136.6 Cr | -₹148.15 Cr | -₹95.51 Cr | ₹173.53 Cr | -₹71.72 Cr |
| Employee Benefit Expense | ₹175.19 Cr | ₹169.38 Cr | ₹167.9 Cr | ₹143.28 Cr | ₹141.45 Cr | ₹142.21 Cr | ₹140.93 Cr | ₹130.45 Cr | ₹130.15 Cr | ₹131.58 Cr | ₹122.99 Cr | ₹122.42 Cr |
| Finance Costs | ₹20.11 Cr | ₹16.72 Cr | ₹19.2 Cr | ₹16.36 Cr | ₹13.39 Cr | ₹19.62 Cr | ₹8.46 Cr | ₹11.23 Cr | ₹11.01 Cr | ₹12.96 Cr | ₹20.46 Cr | ₹19.25 Cr |
| Depreciation & Amortisation | ₹67.64 Cr | ₹27.85 Cr | ₹26.64 Cr | ₹25.91 Cr | ₹11.57 Cr | ₹50.74 Cr | ₹26.73 Cr | ₹25.85 Cr | ₹28.2 Cr | ₹27.04 Cr | ₹25.9 Cr | ₹25.1 Cr |
| Other Expenses | ₹1,115.61 Cr | ₹917.16 Cr | ₹859.75 Cr | ₹698.91 Cr | ₹960.4 Cr | ₹385.9 Cr | ₹362.73 Cr | ₹381.37 Cr | ₹380.98 Cr | ₹383.87 Cr | ₹343.33 Cr | ₹375.95 Cr |
| Total Expenses | ₹1,980.2 Cr | ₹1,589.45 Cr | ₹1,589.53 Cr | ₹1,263.06 Cr | ₹1,617.31 Cr | ₹1,448.81 Cr | ₹1,539.98 Cr | ₹1,451.99 Cr | ₹1,769.57 Cr | ₹1,409.18 Cr | ₹1,385.88 Cr | ₹1,326.57 Cr |
| Profit Before Exceptional Items & Tax | ₹130.78 Cr | ₹166.9 Cr | ₹135.94 Cr | ₹95.73 Cr | ₹129.72 Cr | ₹52.18 Cr | ₹127.44 Cr | ₹96.56 Cr | ₹102.4 Cr | ₹88.61 Cr | ₹90.78 Cr | ₹72.25 Cr |
| Exceptional Items | ₹0 | -₹16.49 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹130.78 Cr | ₹150.41 Cr | ₹135.94 Cr | ₹95.73 Cr | ₹129.72 Cr | ₹52.18 Cr | ₹127.44 Cr | ₹96.56 Cr | ₹102.4 Cr | ₹88.61 Cr | ₹90.78 Cr | ₹72.25 Cr |
| Total Tax Expense | ₹45.8 Cr | ₹38.24 Cr | ₹37.94 Cr | ₹31.79 Cr | ₹31.66 Cr | ₹29.08 Cr | ₹31.84 Cr | ₹29.31 Cr | ₹30.36 Cr | ₹22.1 Cr | ₹27.1 Cr | ₹19.73 Cr |
| Net Profit | ₹84.97 Cr | ₹84.44 Cr | ₹56.28 Cr | ₹58.63 Cr | ₹77.96 Cr | ₹23.1 Cr | ₹95.7 Cr | ₹67.17 Cr | ₹72.06 Cr | ₹66.58 Cr | ₹63.7 Cr | ₹52.53 Cr |
| attributable to Owners | ₹73.23 Cr | ₹69.78 Cr | ₹43.95 Cr | ₹52.25 Cr | ₹71.11 Cr | ₹20.07 Cr | ₹92.57 Cr | ₹65.45 Cr | ₹71.3 Cr | ₹61.92 Cr | ₹59.79 Cr | ₹50.66 Cr |
| attributable to NCI | ₹11.74 Cr | ₹14.66 Cr | ₹12.33 Cr | ₹6.38 Cr | ₹6.85 Cr | ₹3.03 Cr | ₹3.13 Cr | ₹1.72 Cr | ₹76 Lakh | ₹4.66 Cr | ₹3.91 Cr | ₹1.87 Cr |
| Other Comprehensive Income | -₹10.24 Cr | ₹5.8 Cr | -₹3.29 Cr | -₹6.8 Cr | -₹1.9 Cr | ₹24 Lakh | -₹2.7 Cr | ₹53 Lakh | -₹2.47 Cr | -₹1.95 Cr | ₹3.76 Cr | -₹1.56 Cr |
| Total Comprehensive Income | ₹74.73 Cr | ₹90.24 Cr | ₹52.99 Cr | ₹51.83 Cr | ₹76.06 Cr | ₹23.34 Cr | ₹93 Cr | ₹67.7 Cr | ₹69.59 Cr | ₹64.63 Cr | ₹67.46 Cr | ₹50.97 Cr |
| EBITDA (computed) | ₹218.53 Cr | ₹211.47 Cr | ₹181.78 Cr | ₹138 Cr | ₹154.68 Cr | ₹122.54 Cr | ₹162.63 Cr | ₹133.64 Cr | ₹141.61 Cr | ₹128.61 Cr | ₹137.14 Cr | ₹116.6 Cr |
| Basic EPS | ₹9.96 | ₹13.26 | ₹11.65 | ₹7.83 | ₹12.40 | ₹2.73 | ₹12.59 | ₹8.90 | ₹9.70 | ₹8.42 | ₹8.13 | ₹6.89 |
| Diluted EPS | ₹9.96 | ₹13.26 | ₹11.65 | ₹7.83 | ₹12.40 | ₹2.73 | ₹12.59 | ₹8.90 | ₹9.70 | ₹8.42 | ₹8.13 | ₹6.89 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Manufacturing of Machinery & Equipment | ₹901.04 Cr | ₹107.46 Cr | ₹2,809.91 Cr | ₹1,630.14 Cr |
| Industrial Projects | ₹1,207.91 Cr | ₹57.6 Cr | ₹3,323.83 Cr | ₹2,843.93 Cr |
| Sugar | ₹157.25 Cr | ₹12.85 Cr | ₹441.1 Cr | ₹149.01 Cr |
| Ethanol | ₹44.5 Cr | -₹1.71 Cr | ₹200.68 Cr | ₹37.48 Cr |
| Ethanol Plant at Philippines | ₹31.65 Cr | -₹76.82 Cr | ₹916.88 Cr | ₹107.92 Cr |
| Unallocated | ₹25 Lakh | ₹72.16 Cr | ₹611.07 Cr | ₹647.32 Cr |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Manufacturing of Machinery & Equipment | ₹2,764.61 Cr | ₹382.38 Cr | - | - |
| Industrial Projects | ₹3,702.07 Cr | ₹175.06 Cr | - | - |
| Sugar | ₹687.79 Cr | ₹42.03 Cr | - | - |
| Ethanol | ₹195.76 Cr | -₹1.93 Cr | - | - |
| Ethanol Plant at Philippines | ₹1.99 Cr | -₹294.89 Cr | - | - |
| Unallocated | ₹40 Lakh | ₹173.6 Cr | - | - |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenue from Operations | ₹5,228.63 Cr | ₹5,018.26 Cr | ₹4,861.4 Cr | ₹4,651.92 Cr | ₹4,444.46 Cr | ₹4,309.61 Cr |
| Other Income | ₹230.03 Cr | ₹61.11 Cr | ₹44.74 Cr | ₹34.99 Cr | ₹26.04 Cr | ₹35.61 Cr |
| Total Income | ₹5,458.66 Cr | ₹5,079.37 Cr | ₹4,906.14 Cr | ₹4,686.91 Cr | ₹4,470.5 Cr | ₹4,345.22 Cr |
| Cost of Materials Consumed | ₹1,162.31 Cr | ₹1,062.58 Cr | ₹1,012.23 Cr | ₹924.63 Cr | ₹756.74 Cr | ₹513.44 Cr |
| Purchases of Stock-in-Trade | ₹1,822.41 Cr | ₹0 | ₹1,898.59 Cr | ₹1,810.15 Cr | ₹2,009.14 Cr | ₹1,936.48 Cr |
| Changes in Inventories | -₹130.01 Cr | -₹26.44 Cr | -₹96.5 Cr | -₹28.85 Cr | -₹47.73 Cr | ₹90.78 Cr |
| Employee Benefit Expense | ₹500.75 Cr | ₹432.4 Cr | ₹380.88 Cr | ₹343 Cr | ₹318.69 Cr | ₹279.31 Cr |
| Finance Costs | ₹50.26 Cr | ₹16.19 Cr | ₹40.68 Cr | ₹37.01 Cr | ₹22.66 Cr | ₹22.75 Cr |
| Depreciation & Amortisation | ₹73.9 Cr | ₹67.27 Cr | ₹66.62 Cr | ₹63.11 Cr | ₹65.39 Cr | ₹67.84 Cr |
| Other Expenses | ₹1,510.1 Cr | ₹3,139.07 Cr | ₹1,299.74 Cr | ₹1,303.46 Cr | ₹1,198.55 Cr | ₹1,150.08 Cr |
| Total Expenses | ₹4,989.72 Cr | ₹4,691.07 Cr | ₹4,602.24 Cr | ₹4,452.51 Cr | ₹4,323.44 Cr | ₹4,060.68 Cr |
| Profit Before Exceptional Items & Tax | ₹468.94 Cr | ₹388.3 Cr | ₹303.9 Cr | ₹234.4 Cr | ₹147.06 Cr | ₹284.54 Cr |
| Exceptional Items | -₹14.03 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹454.91 Cr | ₹388.3 Cr | ₹303.9 Cr | ₹234.4 Cr | ₹147.06 Cr | ₹284.54 Cr |
| Total Tax Expense | ₹108.16 Cr | ₹94.56 Cr | ₹72.19 Cr | ₹56.47 Cr | ₹34.24 Cr | ₹66.3 Cr |
| Net Profit | ₹346.75 Cr | ₹293.74 Cr | ₹231.71 Cr | ₹177.93 Cr | ₹112.82 Cr | ₹218.24 Cr |
| Other Comprehensive Income | ₹6.79 Cr | -₹2.07 Cr | -₹76 Lakh | -₹74 Lakh | ₹3.18 Cr | ₹55 Lakh |
| Total Comprehensive Income | ₹353.54 Cr | ₹291.67 Cr | ₹230.95 Cr | ₹177.19 Cr | ₹116 Cr | ₹218.79 Cr |
| EBITDA (computed) | ₹593.1 Cr | ₹471.76 Cr | ₹411.2 Cr | ₹334.52 Cr | ₹235.11 Cr | ₹375.13 Cr |
| Basic EPS | ₹47.16 | ₹39.95 | ₹31.51 | ₹24.20 | ₹15.34 | ₹29.68 |
| Diluted EPS | ₹47.16 | ₹39.95 | ₹31.51 | ₹24.20 | ₹15.34 | ₹29.68 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹7,044.4 Cr | ₹5,969.09 Cr | ₹5,865.36 Cr | ₹5,353.56 Cr |
| Non-current Assets | ₹2,016.93 Cr | ₹1,344.47 Cr | ₹954.85 Cr | ₹884.88 Cr |
| Current Assets | ₹5,027.47 Cr | ₹4,624.62 Cr | ₹4,910.51 Cr | ₹4,468.68 Cr |
| Property, Plant & Equipment | ₹485.5 Cr | ₹470.46 Cr | ₹426.56 Cr | ₹453.11 Cr |
| Inventories | ₹1,038.73 Cr | ₹795.59 Cr | ₹777.63 Cr | ₹641.11 Cr |
| Trade Receivables | ₹2,872.39 Cr | ₹3,014.38 Cr | ₹3,106.86 Cr | ₹2,788.18 Cr |
| Cash & Equivalents | ₹215.46 Cr | ₹67.53 Cr | ₹62.99 Cr | ₹122.15 Cr |
| Equity (Net Worth) | ₹2,733.64 Cr | ₹2,416.86 Cr | ₹2,154.6 Cr | ₹1,945.71 Cr |
| Equity Share Capital | ₹7.35 Cr | ₹7.35 Cr | ₹7.35 Cr | ₹7.35 Cr |
| Borrowings (Non-current) | ₹474.01 Cr | ₹208.63 Cr | ₹7.21 Cr | ₹0 |
| Borrowings (Current) | ₹192.13 Cr | ₹52.38 Cr | ₹22.02 Cr | ₹446.77 Cr |
| Total Debt (computed) | ₹666.14 Cr | ₹261.01 Cr | ₹29.23 Cr | ₹446.77 Cr |
| Current Liabilities | ₹3,575.97 Cr | ₹3,135.97 Cr | ₹3,499 Cr | ₹3,170.18 Cr |
| Total Liabilities | ₹4,310.76 Cr | ₹3,552.23 Cr | ₹3,710.76 Cr | ₹3,407.85 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹347.85 Cr | ₹369.13 Cr | ₹514.69 Cr | ₹42.44 Cr | -₹134.3 Cr |
| Investing Cash Flow | -₹511.37 Cr | -₹545.35 Cr | -₹87.88 Cr | ₹57.4 Cr | -₹107.56 Cr |
| Financing Cash Flow | ₹311.45 Cr | ₹180.76 Cr | -₹485.97 Cr | -₹43.64 Cr | ₹201.16 Cr |
| Capital Expenditure | ₹150.65 Cr | ₹122.75 Cr | ₹60.1 Cr | ₹41.71 Cr | ₹48.03 Cr |
| Free Cash Flow (computed) | ₹197.2 Cr | ₹246.38 Cr | ₹454.59 Cr | ₹73 Lakh | -₹182.33 Cr |
| Dividends Paid | ₹36.74 Cr | ₹29.39 Cr | ₹22.26 Cr | ₹14.96 Cr | ₹7.54 Cr |
| Net Change in Cash | ₹147.93 Cr | ₹4.54 Cr | -₹59.16 Cr | ₹56.2 Cr | -₹40.7 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹1,674.8 Cr | ₹1,326.9 Cr | ₹1,243.13 Cr | ₹983.8 Cr | ₹1,443.73 Cr | ₹1,119.2 Cr | ₹1,239.93 Cr | ₹1,215.4 Cr | ₹1,549.76 Cr | ₹1,066.98 Cr | ₹1,114.12 Cr | ₹1,130.54 Cr |
| Other Income | ₹80.92 Cr | ₹38.37 Cr | ₹49.63 Cr | ₹61.11 Cr | ₹9.82 Cr | ₹8.56 Cr | ₹14.79 Cr | ₹27.94 Cr | ₹6.25 Cr | ₹4.95 Cr | ₹6.04 Cr | ₹27.5 Cr |
| Total Income | ₹1,755.72 Cr | ₹1,365.27 Cr | ₹1,292.76 Cr | ₹1,044.91 Cr | ₹1,453.55 Cr | ₹1,127.76 Cr | ₹1,254.72 Cr | ₹1,243.34 Cr | ₹1,556.01 Cr | ₹1,071.93 Cr | ₹1,120.16 Cr | ₹1,158.04 Cr |
| Cost of Materials Consumed | ₹347.38 Cr | ₹335.48 Cr | ₹268.68 Cr | ₹210.77 Cr | ₹292.84 Cr | ₹233.77 Cr | ₹288.76 Cr | ₹247.21 Cr | ₹311.3 Cr | ₹251.22 Cr | ₹205.87 Cr | ₹243.84 Cr |
| Purchases of Stock-in-Trade | ₹593.49 Cr | ₹456.71 Cr | ₹425.24 Cr | ₹346.97 Cr | ₹0 | ₹368.22 Cr | ₹474.93 Cr | ₹450.82 Cr | ₹638.19 Cr | ₹387.07 Cr | ₹414.49 Cr | ₹458.84 Cr |
| Changes in Inventories | ₹44.27 Cr | -₹78.12 Cr | -₹35.96 Cr | -₹60.2 Cr | ₹48.5 Cr | -₹36 Lakh | -₹64.26 Cr | -₹10.32 Cr | ₹51.31 Cr | -₹85.72 Cr | ₹18.94 Cr | -₹81.03 Cr |
| Employee Benefit Expense | ₹129.33 Cr | ₹130.84 Cr | ₹129.35 Cr | ₹111.23 Cr | ₹109.35 Cr | ₹105.91 Cr | ₹107.89 Cr | ₹100.57 Cr | ₹98.5 Cr | ₹98.43 Cr | ₹92.97 Cr | ₹90.98 Cr |
| Finance Costs | ₹17.08 Cr | ₹12.57 Cr | ₹13.1 Cr | ₹7.51 Cr | ₹6.04 Cr | ₹3.41 Cr | ₹3.38 Cr | ₹3.36 Cr | ₹6.21 Cr | ₹9.58 Cr | ₹14.19 Cr | ₹10.7 Cr |
| Depreciation & Amortisation | ₹19.31 Cr | ₹19.07 Cr | ₹18.11 Cr | ₹17.41 Cr | ₹17.83 Cr | ₹17.07 Cr | ₹16.53 Cr | ₹15.84 Cr | ₹17.5 Cr | ₹17.27 Cr | ₹16.29 Cr | ₹15.56 Cr |
| Other Expenses | ₹472.24 Cr | ₹375.73 Cr | ₹362.82 Cr | ₹299.31 Cr | ₹889.79 Cr | ₹321.27 Cr | ₹318.23 Cr | ₹324.49 Cr | ₹336.56 Cr | ₹334.38 Cr | ₹287.47 Cr | ₹341.33 Cr |
| Total Expenses | ₹1,623.1 Cr | ₹1,252.28 Cr | ₹1,181.34 Cr | ₹933 Cr | ₹1,364.35 Cr | ₹1,049.29 Cr | ₹1,145.46 Cr | ₹1,131.97 Cr | ₹1,459.57 Cr | ₹1,012.23 Cr | ₹1,050.22 Cr | ₹1,080.22 Cr |
| Profit Before Exceptional Items & Tax | ₹132.62 Cr | ₹112.99 Cr | ₹111.42 Cr | ₹111.91 Cr | ₹89.2 Cr | ₹78.47 Cr | ₹109.26 Cr | ₹111.37 Cr | ₹96.44 Cr | ₹59.7 Cr | ₹69.94 Cr | ₹77.82 Cr |
| Exceptional Items | ₹0 | -₹14.03 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹132.62 Cr | ₹98.96 Cr | ₹111.42 Cr | ₹111.91 Cr | ₹89.2 Cr | ₹78.47 Cr | ₹109.26 Cr | ₹111.37 Cr | ₹96.44 Cr | ₹59.7 Cr | ₹69.94 Cr | ₹77.82 Cr |
| Total Tax Expense | ₹32 Cr | ₹23.79 Cr | ₹27.05 Cr | ₹25.32 Cr | ₹26.03 Cr | ₹19.81 Cr | ₹25.85 Cr | ₹22.87 Cr | ₹25.67 Cr | ₹15.54 Cr | ₹16.9 Cr | ₹14.08 Cr |
| Net Profit | ₹100.62 Cr | ₹75.17 Cr | ₹84.37 Cr | ₹86.59 Cr | ₹63.17 Cr | ₹58.66 Cr | ₹83.41 Cr | ₹88.5 Cr | ₹70.77 Cr | ₹44.16 Cr | ₹53.04 Cr | ₹63.74 Cr |
| Other Comprehensive Income | ₹2.15 Cr | ₹5.37 Cr | -₹76 Lakh | ₹3 Lakh | -₹65 Lakh | ₹11 Lakh | -₹1.56 Cr | ₹3 Lakh | -₹3.69 Cr | ₹7 Lakh | ₹2.82 Cr | ₹4 Lakh |
| Total Comprehensive Income | ₹102.77 Cr | ₹80.54 Cr | ₹83.61 Cr | ₹86.62 Cr | ₹62.52 Cr | ₹58.77 Cr | ₹81.85 Cr | ₹88.53 Cr | ₹67.08 Cr | ₹44.23 Cr | ₹55.86 Cr | ₹63.78 Cr |
| EBITDA (computed) | ₹169.01 Cr | ₹144.63 Cr | ₹142.63 Cr | ₹136.83 Cr | ₹113.07 Cr | ₹98.95 Cr | ₹129.17 Cr | ₹130.57 Cr | ₹120.15 Cr | ₹86.55 Cr | ₹100.42 Cr | ₹104.08 Cr |
| Basic EPS | ₹13.69 | ₹10.22 | ₹11.47 | ₹11.78 | ₹8.59 | ₹7.98 | ₹11.34 | ₹12.04 | ₹9.62 | ₹6.01 | ₹7.21 | ₹8.67 |
| Diluted EPS | ₹13.69 | ₹10.22 | ₹11.47 | ₹11.78 | ₹8.59 | ₹7.98 | ₹11.34 | ₹12.04 | ₹9.62 | ₹6.01 | ₹7.21 | ₹8.67 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Manufacturing of Machinery & Equipment | ₹639.04 Cr | ₹68.47 Cr | ₹1,769.72 Cr | ₹862.23 Cr |
| Industrial Projects | ₹1,196.55 Cr | ₹54.99 Cr | ₹3,624.62 Cr | ₹2,793.39 Cr |
| Unallocated | ₹25 Lakh | ₹24.55 Cr | ₹1,678.04 Cr | ₹683.12 Cr |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Manufacturing of Machinery & Equipment | ₹1,926.8 Cr | ₹240.13 Cr | - | - |
| Industrial Projects | ₹3,664.3 Cr | ₹167.96 Cr | - | - |
| Unallocated | ₹40 Lakh | ₹108.07 Cr | - | - |
Shareholding Pattern of Isgec Heavy Engineering Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 62.43%, foreign institutional investors hold 3.85%, domestic institutional investors hold 10.31%, retail and other public shareholders hold 23.40% of Isgec Heavy Engineering Limited. The company had 38,998 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 62.43% | 62.43% | 62.43% | 62.43% | 62.43% | 62.43% |
| Public | 37.57% | 37.57% | 37.57% | 37.57% | 37.57% | 37.57% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|---|---|
| Promoters | 62.43% | 62.43% | 62.43% | 62.43% | 62.43% |
| Public | 37.57% | 37.57% | 37.57% | 37.57% | 37.57% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | +0.00 | +0.00 | - |
Board & Governance of Isgec Heavy Engineering Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Isgec Heavy Engineering Limited has 8 directors - 4 independent and 3 executive. The board is chaired by Ranjit Puri.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Ranjit Puri | Non-Executive - Non Independent Director · Chairperson | 1981-10-14 | 2 |
| Aditya Puri | Executive Director · MD | 1996-04-30 | 2 |
| Arvind Sagar | Non-Executive - Independent Director | 2021-06-28 | 1 |
| Rashi Sikka | Non-Executive - Independent Director | 2022-05-28 | 1 |
| Rajiv Roy Chaudhury | Non-Executive - Independent Director | 2025-07-08 | 1 |
| Vivek Dhir | Non-Executive - Independent Director | 2025-07-08 | 1 |
| Kishore Chatnani | Executive Director | 2021-06-28 | 2 |
| Sanjay Gulati | Executive Director | 2021-06-28 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Rajiv Roy Chaudhury (Chairperson), Aditya Puri, Arvind Sagar, Rashi Sikka |
| Nomination and remuneration committee | Arvind Sagar (Chairperson), Rashi Sikka, Vivek Dhir |
| Stakeholders Relationship Committee | Ranjit Puri (Chairperson), Arvind Sagar, Rashi Sikka, Kishore Chatnani |
| Risk Management Committee | Arvind Sagar (Chairperson), Aditya Puri, Sanjay Gulati |
| Corporate Social Responsibility Committee | Ranjit Puri (Chairperson), Aditya Puri, Rashi Sikka, Vivek Dhir |
| Share Transfer Committee | Arvind Sagar, Rashi Sikka |
| Committee of Directors | Aditya Puri, Kishore Chatnani, Sanjay Gulati, Arvind Sagar, Rashi Sikka |
Group Structure of Isgec Heavy Engineering Limited
Isgec Heavy Engineering Limited has 5 subsidiary companies and 4 joint ventures. This group structure data is as of FY 2023. The corporate group structure reflects Isgec Heavy Engineering Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Saraswati Sugar Mills Limited | U01115HR2000PLC034519 | - |
| Isgec Engineering And Projects Limited | U29248HR2007PLC036695 | - |
| Isgec Exports Limited. | U51909DL1996PLC076750 | - |
| Isgec Covema Limited. | U52109DL1986PLC025908 | - |
| Free Look Software Private Limited | U72200DL2005PTC133918 | - |
Showing major subsidiaries. Total: 5.
Charges & Borrowings of Isgec Heavy Engineering Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Aug 2025 | Others | ₹149.6 Cr | Open |
| 16 Jun 2025 | Others | ₹435 Cr | Open |
| 09 May 2024 | Hdfc Bank Limited | ₹120 Cr | Open |
| 15 Oct 2019 | Sbicap Trustee Company Limited | ₹5,500 Cr | Open |
| 25 Jan 2021 | Hdfc Bank Limited | ₹200 Cr | Satisfied |
Total charge records: 50 View all charges
Employees and EPFO Compliance at Isgec Heavy Engineering Limited
Isgec Heavy Engineering Limited has a workforce of 5,834 employees as of Apr 04, 2024.
Employee Count & EPFO Data of Isgec Heavy Engineering Limited
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GST Compliance of Isgec Heavy Engineering Limited
GSTIN & GST Filing Data of Isgec Heavy Engineering Limited
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Credit Ratings, Litigation & Regulatory Alerts for Isgec Heavy Engineering Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Isgec Heavy Engineering Limited
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MSME Payment Delays by Isgec Heavy Engineering Limited
MSME Payment Delays by Isgec Heavy Engineering Limited
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Subsidiaries & Group Companies of Isgec Heavy Engineering Limited
Subsidiaries & Group Companies of Isgec Heavy Engineering Limited
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MCA Filings & Documents of Isgec Heavy Engineering Limited
MCA Filings & Documents of Isgec Heavy Engineering Limited
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Recent Activity on Isgec Heavy Engineering Limited
Recent News on Isgec Heavy Engineering Limited
Frequently Asked Questions about Isgec Heavy Engineering Limited
Isgec Heavy Engineering Limited is an active public limited company in the engineering sector based in Haryana, Haryana, India. It was incorporated on 23 January 1933 (93+ years old) and is registered under CIN L23423HR1933PLC000097. Listed on BSE: 533033 and NSE: ISGEC. The company has 5,834 employees.
Isgec Heavy Engineering Limited reported revenue of ₹6,461.62 Cr for FY 2025 (up 4.00% YoY).
The current directors of Isgec Heavy Engineering Limited are:
- Sanjay Gulati
- Arvind Sagar
- Sachin Saluja
- Ranjit Puri
- Aditya Puri
- Rajiv Roychaudhury
- Sachin Saluja
- Rashi Sikka
- Kishore Chatnani
- Vivek Dhir
- Kishore Chatnani
The primary industry of Isgec Heavy Engineering Limited is engineering. The company specifically operates in engineering. The company is currently active in this sector.
Yes. Isgec Heavy Engineering Limited is listed on both BSE (code: 533033) and NSE (symbol: ISGEC).
Isgec Heavy Engineering Limited can be reached at the registered office: Radaur Roadyamuna Nagar, Haryana, Haryana, India – 135001, or through the website isgec.com.