Q4 2026 Isgec Heavy Engineering Ltd Earnings Call Transcript
Key Points
- Standalone revenue grew by 4.2% to INR5,229 crores, with a strong Q4 recovery.
- Export revenue more than doubled year on year, reaching INR1,169 crores, and is expected to continue at this increased level.
- The company has improved its net borrowing position, reducing it to INR476 crores from INR836 crores last year.
- ISGEC Heavy Engineering Ltd (BOM:533033) is investing in capacity additions across most of its manufacturing product lines, with progress on schedule.
- The company expects FY 2027 revenue to increase by 10% to 12%, with a strong opening order book of about INR7,000 crores.
- Full-year standalone revenue growth of 4.2% was below the earlier guidance of 7% to 8%.
- Consolidated PAT for FY 2026 decreased by 25% to INR154 crores from INR204 crores last year.
- The Philippines business, now part of continuing operations, contributed to a significant increase in consolidated depreciation.
- The project business' EBIT margin for the financial year was only 4.58%, indicating margin pressure.
- Increases in input costs, such as steel forgings and chemicals, along with gas shortages, have raised fuel costs, impacting operations.
Ladies and gentlemen, good day, and welcome to the Isgec Heavy Engineering Limited Q4 FY26 earnings conference call. (Operator Instructions) Please note that this conference is being recorded.
I now hand the conference over to Mr. Mahesh Patel from ICICI Securities. Thank you, and over to you, sir.
Yes. Good evening, everyone. On behalf of ICICI Securities, I would like to welcome you all to the Q4 FY26 Earnings Conference Call of Isgec Heavy Engineering Limited. Before we proceed, let me remind you that the discussion may contain forward-looking statements that may involve known or unknown risks, uncertainties, and other factors. It must be viewed in conjunction with the business risk that could cause future results, performance or achievements to differ significantly from what is expressed or implied by such forward-looking statements.
From the management today, we have with us Mr. Aditya Puri, Managing Director; Mr. Kishore Chatnani, Joint Managing Director and CFO; and Mr. Sanjay Gulati, Joint
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
