Announced Wed, 27 May · 18:02 IST

Isgec Heavy Engineering Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Going ConcernEmphasis Of MatterEbitda Margin ExpansionExceptional ItemRelated Party TransactionsResults View source PDF

ISGEC · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Isgec Heavy Engineering reported standalone revenue of ₹52,286 lakhs for FY2025-26, up 4.2% from ₹50,183 lakhs in the prior year. Standalone PAT grew 18% to ₹3,467 lakhs from ₹2,937 lakhs. The Board recommended a dividend of ₹6 per share (600%). An exceptional charge of ₹1,403 lakhs was recorded due to the new Indian labour codes effective November 2025. EBITDA margin expanded by approximately 180 basis points year-over-year on the standalone business. At consolidated level, total revenue stood at ₹67,893 lakhs. The auditors issued unmodified opinions on both standalone and consolidated results. The company also announced a ₹25 crore capex for capacity expansion at its Steel Castings division in Muzaffarnagar and extended a corporate guarantee of up to ₹6,550 lakhs for subsidiary Isgec Titan Metal Fabricators.

Likely market impact

Solid standalone performance with margin expansion and dividend. However, the consolidated auditor's report flags going concern risks at subsidiary Isgec Investment PTE. LTD (losses, negative working capital) and capital deficiency at step-down subsidiary Bioeq Energy Holdings Corp., which investors should monitor for potential financial support obligations from the parent.