ISGEC Heavy Engineering's Q1 FY 2025-26 Quarterly Results

Result Summary

• ISGEC Heavy Engineering Ltd reported a 27.4% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 12.3%.
• Its expenses for the quarter were down by 28.6% QoQ and 13.0% YoY.
• The net profit decreased 18.6% QoQ and decreased 12.7% YoY.
• The earnings per share (EPS) of ISGEC Heavy Engineering Ltd stood at 7.1 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

ISGEC Heavy Engineering Ltd is a well-established company operating in the engineering sector. It primarily engages in the manufacture of heavy engineering equipment for various industries, including power, fertilizer, chemical, oil & gas, and sugar, among others. The company is known for its comprehensive engineering solutions, ranging from design to manufacturing and installation. ISGEC has a diverse product portfolio that includes pressure vessels, heat exchangers, and industrial boilers, catering to both domestic and international markets. As of the latest report, there are no specific recent major developments provided for ISGEC Heavy Engineering Ltd.

Revenue

For the first quarter of fiscal year 2026 (Q1FY26), ISGEC Heavy Engineering Ltd reported a total income of ₹1,358.79 crores. This represents a quarter-over-quarter (QoQ) decrease of 27.4% from the previous quarter (Q4FY25), where the total income was ₹1,871.97 crores. Additionally, there is a year-over-year (YoY) decline of 12.3% when compared to the first quarter of the previous fiscal year (Q1FY25), which had a total income of ₹1,548.55 crores. The decrease in total income over both periods indicates a reduction in revenue generation for Q1FY26.

Profitability

In terms of profitability, ISGEC Heavy Engineering Ltd's profit before tax (PBT) for Q1FY26 stood at ₹95.73 crores, marking a decline of 6.5% QoQ and a slight decrease of 0.9% YoY. The tax expense for the quarter was ₹31.79 crores, showing a 4.7% increase QoQ and an 8.5% increase YoY. The profit after tax (PAT) for Q1FY26 was ₹58.63 crores, which signifies an 18.6% decrease QoQ and a 12.7% decrease YoY. Earnings per share (EPS) for the period was ₹7.10, down by 26.8% QoQ and 20.2% YoY, reflecting the impact on shareholder returns.

Operating Metrics

ISGEC Heavy Engineering Ltd's total expenses for Q1FY26 were ₹1,263.06 crores, which is a reduction of 28.6% QoQ from ₹1,769.57 crores in Q4FY25. Compared to the same quarter in the previous year (Q1FY25), total expenses decreased by 13.0% from ₹1,451.99 crores. Despite the reduction in expenses, the decline in total income has affected the profit margins. The company's ability to manage expenses effectively is evident; however, the lower revenue has influenced the overall operating metrics for the quarter.