ISGEC Heavy Engineering Ltd

📈 ISGEC Heavy Engineering Ltd Reports Strong Order Book & Expansion Plans

- New orders worth ₹1,400 crores booked in the first two months of the current quarter.

- FY27 standalone revenue expected to grow by 10% - 12%, with an opening order book of ₹7,000 crores (excluding cancelled orders worth ₹550 crores).

- Isgec Hitachi Zosen had an order book of ₹763 crores as of March 31, 2026, with FY26 revenue of ₹672 crores and PBT of ₹103 crores.

- Additional ₹25 crores approved for expansion at the Muzaffarnagar steel castings plant.

- Ethanol plant in the Philippines started commercial production on sugarcane feedstock and later switched to molasses; sales commenced smoothly.

- FY26 standalone revenue grew 4.2% to ₹5,229 crores (below the 7% - 8% guidance).

- Manufacturing EBIT margins for FY26 were 12.46%, within the guided 12% - 13% range.

- Project business EBIT margins for FY26 were 4.58%.

- Export revenue increased to ₹1,169 crores (22% of total revenue), up from ₹532 crores in the previous year.

- Consolidated EBITDA for FY26 was ₹671 crores (19% higher YoY), while consolidated PAT was ₹154 crores (25% lower YoY).

- Dividend for the year increased by 20% to ₹6 per share.