ISGEC share price, P/E, ROE & financials

On 6 Nov 2026, Isgec Heavy Engineering was priced at ₹959.90, or 29.9× trailing earnings, against an industry P/E of 33.8×, and the shares are 14% below their 52-week high. Sales grew 2.0% a year over 3 years while net profit fell 18%; its ROCE of 10% is the second-lowest among the 7 largest Specialty Industrial Machinery peers. Debt is 0.26× equity, and its dividend yield is 0.6%. It is a small-cap company with a market cap of ₹7,058 Cr, ranked 31st of 138 Specialty Industrial Machinery companies by market cap; the shares rose 11% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year

Open: ₹975.00
Day high: ₹975.05
Day low: ₹953.00
Prev. close: ₹974.05
Volume: 49.3K

Health check

3 fair · 3 to check

ReturnsIn line
+10.6% over a year, better than 4 of 7 peers.
Price tagIn line
P/E 29.9 vs industry 33.8.
GrowthSlow
Sales +2.0%, profit −17.8% a year over 3 years.
ProfitabilityWeak
ROCE 10.4% vs peer median 24.8%.
Balance sheetFair
Debt 0.26× equity, interest covered 4.9×, Piotroski 7 of 9.
Red flags1 to check
Return on equity is low at 7.3%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Specialty Industrial Machinery

137 listed peers. Screen the industry

Small cap

₹7,058 Cr, #31 of 138 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Sep 2026: sales ₹7,572 Cr · profit ₹167 Cr

Market cap: ₹7,058 Cr; Small cap
P/E: 29.9; Industry 33.8
Price to book: 2.55; Peers 9.16
Dividend yield: 0.63%
ROE: 7.3%; Peers 19.1%
ROCE: 10.4%; Peers 24.8%
Debt to equity: 0.26; Debt ₹764 Cr
EPS (TTM): ₹32.11; Face value ₹1
OPM (TTM): 8.1%; Net margin 2.2%
Sales growth: +11.4%; Latest quarter vs a year ago
Profit growth: +25540.9%; Latest quarter vs a year ago
Price to sales: 0.93; EV/EBITDA 11.6

Strengths

Quarterly profit up 25540.9% on a year ago.
Positive operating cash flow in each of the last 4 years.

Risks to check

Return on equity is low at 7.3%.

Derived automatically from reported figures. Not a recommendation.

About Isgec Heavy Engineering

Isgec Heavy Engineering Limited provides engineering solutions worldwide. It operates in two segments, Manufacturing of Machinery & Equipment; and Industrial Projects. The company provides process plant equipment, including reactors, high pressure vessels, shell and tube heat exchangers, columns and towers, and high pressure boiler drums; boilers, such as solid and biomass fuels, bagasse and biomass, oil and gas fired, blast furnace gas fired, waste to…

Headquarters: Noida
Employees: 3,396
Sector: Industrials
ISIN: INE858B01029
Website: isgec.com

Price range

52 weeks

₹683.95₹1,113.90

Today

₹953.00₹975.05

Avg volume (3M): 86.3K
1-year return: plus 10.6%
From 52-week high: minus 13.8%

Peers · Specialty Industrial Machinery

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
BHELBharat Heavy Electricals	418.80	plus 0.17%	1,45,829	50.6	74.6	6.6%	10.1%	0.22	13.5%	plus 56.4%
ABBABB India	6,774.00	plus 2.20%	1,43,547	92.3	68.2	28.5%	13.8%	0.02	15.4%	plus 26.4%
SIEMENSSiemens	3,560.00	plus 3.73%	1,26,779	86.1	59.3	16.5%	10.4%	0.02	3.0%	plus 10.0%
CUMMINSINDCummins India	4,048.80	minus 0.25%	1,12,233	49.8	41.7	35.0%	19.1%	0.00	16.1%	minus 6.0%
GVT&DGE Vernova T&D India	4,018.00	minus 3.06%	1,02,879	71.3	56.6	58.5%	26.5%	0.01	31.1%	plus 31.7%
SUZLONSuzlon Energy	38.80	plus 0.54%	53,337	23.7	17.3	24.8%	16.7%	0.07	41.4%	minus 35.7%
AIAENGAIA Engineering	3,113.60	minus 2.77%	29,056	23.5	19.6	19.9%	27.4%	0.00	−3.4%	minus 3.9%
ISGECIsgec Heavy Engineering	959.90	minus 1.45%	7,058	29.9	11.3	10.4%	8.3%	0.33	2.0%	plus 10.6%
Median of 7 peers	–	0.17%	1,12,233	50.6	56.6	24.8%	16.7%	0.02	15.4%	10.0%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Sep 25	Dec 25	Mar 26	Jun 26	Sep 26
1,662	1,739	2,048	1,980	1,850
1,555	1,545	1,892	1,856	1,703
107	194	156	124	147
6.4%	11.1%	7.6%	6.2%	8.0%
34.5	17.8	62.7	13.5	9.3
20.3	16.7	20.1	19.4	17.7
70.4	27.9	67.6	64.8	36.7
–	−16.5	–	–	–
50.6	150	131	52.9	102
75.2%	25.4%	35.0%	66.9%	35.3%
0.2	69.8	73.2	9	56.4
0.03	9.49	9.96	1.22	7.67

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +2.0%
Profit CAGR 3Y: −17.8%
EPS CAGR 3Y: −17.9%
ROE: 7.3%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
6,306	6,166	6,371	6,688
–	minus 2.2%	+3.3%	+5.0%
5,823	5,621	5,804	6,018
482	545	567	670
7.7%	8.8%	8.9%	10.0%
−20.2	−5.1	−5.4	10.1
68.2	58.8	61.1	79.8
104	101	175	278
0.3	3.7	0.7	−14.2
290	383	326	308
29.1%	25.8%	37.4%	50.0%
196	244	190	109
–	+24.0%	minus 22.2%	minus 42.6%
26.72	33.14	25.79	14.81

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
7.4	7.4	7.4	7.4
2,297	2,515	2,672	2,729
1,235	814	1,098	951
3,535	4,498	4,205	4,390
7,075	7,835	7,982	8,077
1,681	1,862	1,931	1,882
793	968	70	144
0.3	–	1.6	3.9
199	176	208	411
4,402	4,830	5,771	5,637
7,075	7,835	7,982	8,077

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
208	735	116	765
−58.4	−232	−304	−131
−97.8	−487	108	−341
51.4	16	−79.5	293
−158	−245	−241	−168
49.8	490	−125	597
−17.4	−25.2	−32.2	−41.1

Shareholding pattern

Source: NSE filings

NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 11.4% (Yahoo estimate).

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you