ISGEC Heavy Engineering Ltd (ISGEC) — shareholding pattern, promoter holding, financials and share price
About ISGEC Heavy Engineering Ltd (ISGEC)
ISGEC Heavy Engineering Ltd operates in the Civil Construction industry, within the Construction sector. It trades on the NSE as ISGEC and on the BSE under scrip code 533033. Its ISIN is INE858B01029.
ISGEC Heavy Engineering Ltd is a diversified heavy engineering company engaged in manufacturing and project business with an extensive global presence. It manufactures process plant equipment, presses, Iron & Steel castings & Boiler pressure parts. It also undertakes turnkey projects for setting-up boilers, power plants, sugar plants, distilleries, factories and others. It also has strengths in the business of construction. [1] It is also engaged in the business of manufacture of sugar and its by-products through a subsidiary. [2]
Isgec Heavy Engineering Limited is a 92+-year-old diversified heavy engineering and EPC company manufacturing process plant equipment, mechanical presses, boilers, castings and delivering turnkey industrial projects including sugar, ethanol, power, air pollution control and material handling across domestic and international markets.
Q3 FY26 consolidated revenue was INR1,765 crore (↑17% YoY) with PAT from continuing operations improving materially (consolidated PAT growth noted at +92.5% YoY), signaling operating leverage from manufacturing and improved performance at key JV Isgec Hitachi Zosen Limited.
Listed peers in Civil Construction: Dilip Buildcon Ltd, Ceigall India Ltd, Hindustan Construction Company Ltd, PNC Infratech Ltd, Ahluwalia Contracts (India) Ltd, Sterling & Wilson Renewable Energy Ltd.
Valuation & Returns
10 Jul 2026At ₹900 a share on 10 Jul 2026, ISGEC Heavy Engineering Ltd (ISGEC) was valued at a price-to-earnings ratio of 18.43x against an industry P/E of 25.97x and a price-to-book of 2.42x on a book value of ₹372.47 per share as of Mar 2025. Solomo computes return on equity of 13.11% and return on capital employed of 16.26% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 18.43x
- Industry P/E
- 25.97x
- P/B
- 2.42x
- EPS (TTM)
- ₹48.83
- Book value / share
- ₹372.47
- ROE
- 13.11%
- ROCE
- 16.26%
- ROA
- 4.47%
- Debt / equity
- 0.31x
- Dividend yield
- 0.56%
- EBITDA margin
- 9.66%
- 52-week range
- ₹682.75 – ₹1,224.95
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, ISGEC Heavy Engineering Ltd (ISGEC) reported revenue of ₹6,789 crore, net profit of ₹154 crore and earnings per share of ₹14.81. That compares with revenue of ₹6,422 crore and net profit of ₹264 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹2,048 crore and net profit ₹85 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 5,499 | 6,399 | 6,218 | 6,422 | 6,789 |
| Net profit (₹ cr) | 115 | 206 | 255 | 264 | 154 |
| EPS (₹) | 14.8 | 26.72 | 33.14 | 33.89 | 14.81 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 2.68% | 0.50% | 4.13% | 3.28% |
| Profit growth | 4.96% | 13.92% | 37.57% | 3.57% |
| Stock price CAGR | 6% | 2% | 8% | -23% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 62.43% of ISGEC Heavy Engineering Ltd (ISGEC) (unchanged from the previous quarter), foreign institutional investors (FII) hold 3.76% and domestic institutional investors (DII) hold 10.23%. Market capitalisation was ₹6,618 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2010.
Largest disclosed public shareholders in Jun 2026: NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMALL CAP FUND 6.83%, BANDHAN LARGE & MID CAP FUND 1.69%, SHRI PARASRAM HOLDINGS PRIVATE LIMITED 1.21%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 62.43% | - | 3.76% | 10.23% | 37.57% |
| Mar 2026 | 62.43% | - | 3.85% | 10.31% | 37.57% |
| Dec 2025 | 62.43% | - | 3.61% | 10.46% | 37.57% |
| Sep 2025 | 62.43% | - | 3.48% | 10.4% | 37.57% |
| Jun 2025 | 62.43% | - | 3.54% | 10.63% | 37.57% |
| Mar 2025 | 62.43% | - | 3.47% | 11.11% | 37.57% |
| Dec 2024 | 62.43% | - | 4.2% | 11.56% | 37.57% |
| Sep 2024 | 62.43% | - | 3.9% | 11.26% | 37.57% |