Isgec Heavy Engineering Limited has submitted to the Exchange about the outcome of the Board Meeting held on May 27, 2026.
ISGEC · price
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Isgec Heavy Engineering Limited's Board approved audited financial results for Q4 and FY ended March 31, 2026. Standalone revenue from operations grew to Rs 522,863 lakhs from Rs 501,826 lakhs in the previous year, with profit after tax at Rs 34,675 lakhs (up from Rs 29,374 lakhs). Consolidated revenue stood at Rs 6,78,926 lakhs. The Board recommended a dividend of Rs 6 per equity share of Re 1 each, subject to shareholder approval at the AGM. A capital expenditure of Rs 25 crore was approved for capacity addition at the Steel Castings division in Muzaffarnagar, UP. The Board also approved issuance of corporate guarantee up to Rs 6,550 lakhs for subsidiary Isgec Titan Metal Fabricators. Mr. Rajeev Roy Chaudhury was added to the Committee of Directors.
Strong financial performance with standalone revenue growth of 4.2% and PAT growth of 18% year-on-year. The dividend of Rs 6 per share provides direct returns to shareholders. Capacity expansion in steel castings signals growth focus in manufacturing segment.