Isgec Heavy Engineering Limited has informed the Exchange about issuance of additional Corporate Guarantees

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ISGEC · price

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Price reactionminutes from the announcement price · days from the prior close

-9.9%Reaction day

₹1030.00

prior close

₹1037.80

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.6%-9.3% vs market

Civil Construction peers, median of 100sector-1.6%-8.3% vs sector

On the reaction day the stock moved 9.3 pts less than Nifty Microcap 250 and 8.3 pts less than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.0

10m

+0.4

15m

-2.9

30m

-3.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-9.9-0.6-9.3-1.6-8.3

Next day

-12.3-1.7-10.6-2.8-9.6

-13.0-0.7-12.3-1.7-11.3

-11.8-0.4-11.4-2.8-9.0

-10.9+0.4-11.4-2.6-8.3

-10.2+0.4-10.6-2.8-7.4

-12.7+0.3-13.0-3.3-9.4

15d

-9.9+5.5-15.4+0.2-10.1

-10.3+4.6-14.9-0.2-10.1

-16.9+5.3-22.2-3.8-13.1

-22.4+11.6-34.0-5.8-16.6

UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 100Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

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.

Likely market impact

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.