ISGEC Heavy Engineering Ltd

ISGEC Heavy Engineering Ltd has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26. This report is a mandatory part of the company's Annual Report, as per Regulation 34(2)(f) of the Listing Regulations. The BRSR is also available on the company's website.

ISGEC Heavy Engineering Ltd has released its Annual Report for the financial year 2025-26, themed 'Integrated. Evolving. Resilient.' The report highlights the company's enduring strengths built over nine decades, emphasizing its integrated business model, continuous innovation, and operational excellence. It details the company's transformation into a diversified heavy engineering enterprise with a global footprint, serving industries like manufacturing, industrial projects, and sugar & ethanol. The report also touches upon its consolidated income of ₹6,92,228 Lakh, a workforce of 2,970, and equipment supplied to 99 countries. Key sections include company overview, statutory reports, and financial statements, underscoring the company's resilience and commitment to stakeholder value.

ISGEC Heavy Engineering Ltd has announced its 93rd Annual General Meeting (AGM) scheduled for September 28, 2026, at 11:00 a.m. IST, to be conducted via Video Conferencing. The company has also released its Annual Report for the financial year 2025-26. Key agenda items include the adoption of audited standalone and consolidated financial statements for the year ended March 31, 2026, declaration of a dividend of ₹6 per equity share, appointment of a director, and ratification of cost auditor remuneration. The cut-off date for determining voting eligibility and the record date for dividend entitlement is September 21, 2026. E-voting will be open from September 25 to September 27, 2026.

ISGEC Heavy Engineering Ltd has informed shareholders holding shares in physical form about the mandatory requirement to furnish PAN, KYC (including bank account details), and Nomination details to the company's Registrar and Transfer Agent (RTA), Alankit Assignments Limited. This compliance is in line with SEBI's Master Circular dated June 23, 2025. Failure to update these details, particularly PAN linked with Aadhaar, may result in the folio being treated as invalid. Shareholders are also urged to convert physical shares to demat form and register nominations. Dividends for FY 2025-26 will be paid electronically only upon compliance.

ISGEC Heavy Engineering Ltd has announced September 21, 2026, as the record date for determining shareholders eligible for a dividend of ₹6 per equity share. This dividend was recommended by the Board of Directors on May 27, 2026, and is subject to shareholder approval at the upcoming Annual General Meeting (AGM) scheduled for September 28, 2026. The company also reported its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, in a board meeting held on August 11, 2026. The dividend payment is expected on or before October 26, 2026.

ISGEC Heavy Engineering Ltd announced the outcome of its Board Meeting held on August 11, 2026. The Board approved the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The company also confirmed the record date for dividend payment as September 21, 2026, with the dividend payment expected on or before October 26, 2026. The Annual General Meeting is scheduled for September 28, 2026.

Isgec Heavy Engineering's consolidated revenue rose 47.7% YoY to ₹1,980 Cr in Q1 FY27 (from ₹1,341 Cr a year ago per prior records), but consolidated Profit for the period was just ₹17.50 Cr — a net margin of only 0.88%. Of that, owners of the parent got ₹8.95 Cr (EPS ₹1.22); non-controlling interests took the remaining ₹8.55 Cr, reflecting large minority stakes in loss-making group entities. Standalone (the core India engineering business) fared better: revenue jumped 57.9% YoY to ₹1,553 Cr and PAT came in at ₹92.02 Cr, though that was up just 6.3% YoY as PBT growth (+9.8%) lagged revenue growth sharply. The headline consolidated YoY PAT comparison is distorted by a mid-year reclassification: Isgec's wholly owned Cayman Islands subsidiary Bioeq Energy Holdings One was moved from discontinued to continuing operations during FY26, which restated the year-ago (Q1 FY26) comparable consolidated PBT from a previously reported ₹95.73 Cr down to ₹45.10 Cr (adding back ~₹45.3 Cr of depreciation excluded under held-for-sale accounting). On the previously reported base carried in our records (PAT ₹58.63 Cr), this quarter's ₹17.50 Cr looks like a 70.2% YoY decline; on the like-for-like restated base disclosed in this very filing (₹13.31 Cr), it is actually a 31.5% YoY increase, adjusted for the reclassification — the figure the verdict is anchored on. Either way, absolute consolidated profitability stays wafer-thin, structurally weighed down by the Ethanol Plant at Philippines segment, which posted a ₹62.47 Cr segment loss before tax this quarter (₹72.99 Cr LY-restated, ₹76.82 Cr in Q4 FY26) — still the single largest drag on the Group. On the standalone side, margin compression (NPM 5.93% vs 8.80% YoY) came from a 47.2% drop in other income (₹32.28 Cr vs ₹61.11 Cr) and finance costs more than doubling (₹15.51 Cr vs ₹7.51 Cr), even as the core operating cost ratio held roughly flat with revenue growth. No Q1-specific street estimate could be located; recent coverage points to a full-year FY27 EPS growth consensus of 12-18%, and this quarter's adjusted consolidated PAT growth of ~31.5% YoY is tracking within that range so far. Against management's own guidance, the quarter comfortably beats both the older 8-9% FY27 standalone growth guided in the February 2026 concall and the more recent 10-12% FY27 standalone growth guidance tied to a ₹7,000 Cr opening order book — standalone revenue grew 57.9% YoY. Corporate developments this quarter tie directly into the print: the company diluted its stake in SFW Isgec Energy (formerly Isgec SFW Boilers) from 51% to 26%, deconsolidating the JV into an associate and booking a one-off gain of ₹3.50 Cr (standalone) / ₹3.73 Cr (consolidated) recognised inside this quarter's PBT. No management press release or concall commentary specific to this print was available in the context to cross-check against the reported numbers.

ISGEC Heavy Engineering Ltd has announced the appointment of Mr. Gaurav Sharma as Business Head - Global Industrial Services and Solutions, effective August 03, 2026. This appointment, approved by the Board of Directors based on the Nomination and Remuneration Committee's recommendation, signifies a key addition to the company's senior management. Mr. Sharma brings over 25 years of experience in business management, development, sales, marketing, and people management, holding degrees in mechanical engineering and an MBA. His prior roles include leadership positions at Thermax Global Limited, GE Power, and STEAG Energy. He will oversee Operations & Maintenance, Retrofit & Modernization, Services, Spares, and Digitization business activities.

ISGEC Heavy Engineering Ltd has announced that its Board of Directors will convene on August 11, 2026, at 11:30 a.m. The primary agenda item is to consider and approve the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. Concurrently, the trading window for designated persons, which was closed from July 01, 2026, will reopen 48 hours after the financial results are approved and declared. The company will also disclose this information on its website, www.isgec.com.

ISGEC Heavy Engineering Ltd has announced the closure of its trading window for all designated persons. This closure is effective from July 01, 2026, and will remain in effect until 48 hours after the declaration of the unaudited financial results for the quarter ending June 30, 2026. The company is also freezing the PAN of designated persons at the security level on the NSDL portal, in line with SEBI regulations to prevent insider trading. Designated persons possessing Unpublished Price Sensitive Information (UPSI) are advised not to trade in the company's equity shares during this period.