Isgec Heavy Engineering Limited has informed the Exchange about issuance of additional Corporate Guarantees
ISGEC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Isgec Heavy Engineering reported standalone revenue of Rs. 5,228.63 crore for FY2026, up 4.2% from Rs. 5,018.26 crore in FY2025. Standalone profit after tax grew 18% to Rs. 346.75 crore from Rs. 293.74 crore, with EPS at Rs. 47.16 vs Rs. 39.95. Consolidated revenue stood at Rs. 6,789.26 crore. The Board recommended a dividend of Rs. 6 per share (600%) for FY2026, subject to shareholder approval. The company also approved Rs. 25 crore capex for expanding its Steel Castings division at Muzaffarnagar. Additionally, the Board approved issuing corporate guarantees up to Rs. 655 crore for subsidiary Isgec Titan Metal Fabricators to help it secure additional working capital limits.
Strong financial performance with 18% PAT growth and higher dividend signals healthy operations. The corporate guarantee for the subsidiary carries contingent liability risk but supports subsidiary growth. Capex in steel castings indicates capacity expansion for future revenue growth.