| Scrip Code | 533033 |
|---|---|
| NSE Symbol | ISGEC |
| MSEI Symbol | NOTLISTED |
| ISIN | INE858B01029 |
| Name of company | Isgec Heavy Engineering Limited |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Date of board meeting when results were approved | 13-11-2025 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 04-11-2025 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Second quarter |
| Nature of report standalone or consolidated | Consolidated |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | Unaudited |
| Segment Reporting | Multi segment |
| Description of single segment | |
| Start date and time of board meeting | 13-11-2025 14:00:00 |
| End date and time of board meeting | 13-11-2025 17:45:00 |
| Whether cash flow statement is applicable on company | Yes |
| Type of cash flow statement | Cash Flow Indirect |
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-07-2025 | 01-04-2025 |
| B | Date of end of reporting period | 30-09-2025 | 30-09-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| 1 | Income | ||
| Revenue from operations | 1,69,109.00 | 3,03,208.00 | |
| Other income | 3,438.00 | 5,218.00 | |
| Total income | 1,72,547.00 | 3,08,426.00 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 40,646.00 | 70,477.00 |
| (b) | Purchases of stock-in-trade | 0.00 | 0.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | 10,958.00 | 18,987.00 |
| (d) | Employee benefit expense | 16,790.00 | 31,118.00 |
| (e) | Finance costs | 1,920.00 | 3,556.00 |
| (f) | Depreciation, depletion and amortisation expense | 2,664.00 | 5,255.00 |
| (f) | Other Expenses | ||
| 1 | Cost of projects including boughtouts | 42,750.00 | 77,655.00 |
| 2 | Erection & commissioning expenses | 16,468.00 | 30,195.00 |
| 3 | Other Expenses | 26,757.00 | 48,016.00 |
| Total other expenses | 85,975.00 | 1,55,866.00 | |
| Total expenses | 1,58,953.00 | 2,85,259.00 | |
| 3 | Total profit before exceptional items and tax | 13,594.00 | 23,167.00 |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Total profit before tax | 13,594.00 | 23,167.00 |
| 6 | Tax expense | ||
| 7 | Current tax | 3,687.00 | 6,861.00 |
| 8 | Deferred tax | 107.00 | 112.00 |
| 9 | Total tax expenses | 3,794.00 | 6,973.00 |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | 9,800.00 | 16,194.00 |
| 12 | Profit (loss) from discontinued operations before tax | (4,165.00) | (4,697.00) |
| 13 | Tax expense of discontinued operations | 7.00 | 6.00 |
| 14 | Net profit (loss) from discontinued operation after tax | (4,172.00) | (4,703.00) |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0.00 | 0.00 |
| 16 | Total profit (loss) for period | 5,628.00 | 11,491.00 |
| 17 | Other comprehensive income net of taxes | (329.00) | (1,009.00) |
| 18 | Total Comprehensive Income for the period | 5,299.00 | 10,482.00 |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | 4,395.00 | 9,620.00 | |
| Total profit or loss, attributable to non-controlling interests | 1,233.00 | 1,871.00 | |
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | 4,062.00 | 8,607.00 | |
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | 1,237.00 | 1,875.00 | |
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 735.00 | 735.00 | |
| Face value of equity share capital | 1 | 1 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | ||
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | 11.65 | 19.48 | |
| Diluted earnings (loss) per share from continuing operations | 11.65 | 19.48 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | -5.67 | -6.4 | |
| Diluted earnings (loss) per share from discontinued operations | -5.67 | -6.4 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 5.98 | 13.08 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 5.98 | 13.08 | |
| 24 | Debt equity ratio | 1.72 | 1.72 |
| 25 | Debt service coverage ratio | 0.80 | 0.70 |
| 26 | Interest service coverage ratio | 8.72 | 7.99 |
| 27 | Disclosure of notes on financial results | ||
| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| Particulars | Year ended (dd-mm-yyyy) | ||
|---|---|---|---|
| Date of start of reporting period | 01-04-2025 | ||
| Date of end of reporting period | 30-09-2025 | ||
| Whether results are audited or unaudited | Unaudited | ||
| Nature of report standalone or consolidated | Consolidated | ||
| Assets | |||
| 1 | Non-current assets | ||
| Property, plant and equipment | 90,775.00 | ||
| Capital work-in-progress | 9,942.00 | ||
| Investment property | 0.00 | ||
| Goodwill | 1,114.00 | ||
| Other intangible assets | 4,062.00 | ||
| Intangible assets under development | 70.00 | ||
| Biological assets other than bearer plants | 0.00 | ||
| Investments accounted for using equity method | 160.00 | ||
| Non-current financial assets | |||
| Non-current investments | 0.00 | ||
| Trade receivables, non-current | 0.00 | ||
| Loans, non-current | 631.00 | ||
| Other non-current financial assets | 2,539.00 | ||
| Total non-current financial assets | 3,170.00 | ||
| Deferred tax assets (net) | 4,573.00 | ||
| Other non-current assets | 2,386.00 | ||
| Total non-current assets | 1,16,252.00 | ||
| 2 | Current assets | ||
| Inventories | 1,35,352.00 | ||
| Current financial asset | |||
| Current investments | 4,186.00 | ||
| Trade receivables, current | 2,74,707.00 | ||
| Cash and cash equivalents | 9,844.00 | ||
| Bank balance other than cash and cash equivalents | 10,844.00 | ||
| Loans, current | 1,179.00 | ||
| Other current financial assets | 2,652.00 | ||
| Total current financial assets | 3,03,412.00 | ||
| Current tax assets (net) | 515.00 | ||
| Other current assets | 1,29,122.00 | ||
| Total current assets | 5,68,401.00 | ||
| 3 | Non-current assets classified as held for sale | 1,07,619.00 | |
| 4 | Regulatory deferral account debit balances and related deferred tax Assets | 0.00 | |
| Total assets | 7,92,272.00 | ||
| Equity and liabilities | |||
| 1 | Equity | ||
| Equity attributable to owners of parent | |||
| Equity share capital | 735.00 | ||
| Other equity | 2,78,072.00 | ||
| Total equity attributable to owners of parent | 2,78,807.00 | ||
| Non controlling interest | 12,444.00 | ||
| Total equity | 2,91,251.00 | ||
| 2 | Liabilities | ||
| Non-current liabilities | |||
| Non-current financial liabilities | |||
| Borrowings, non-current | 48,014.00 | ||
| Trade payables, non-current | |||
| (A) Total outstanding dues of micro enterprises and small enterprises | 0.00 | ||
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 0.00 | ||
| Total Trade payable | 0.00 | ||
| Other non-current financial liabilities | 1,077.00 | ||
| Total non-current financial liabilities | 49,091.00 | ||
| Provisions, non-current | 6,326.00 | ||
| Deferred tax liabilities (net) | 3,384.00 | ||
| Deferred government grants, Non-current | 0.00 | ||
| Other non-current liabilities | 15,243.00 | ||
| Total non-current liabilities | 74,044.00 | ||
| Current liabilities | |||
| Current financial liabilities | |||
| Borrowings, current | 43,046.00 | ||
| Trade payables, current | |||
| (A) Total outstanding dues of micro enterprises and small enterprises | 9,259.00 | ||
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 1,02,573.00 | ||
| Total Trade payable | 1,11,832.00 | ||
| Other current financial liabilities | 19,760.00 | ||
| Total current financial liabilities | 1,74,638.00 | ||
| Other current liabilities | 2,28,856.00 | ||
| Provisions, current | 19,624.00 | ||
| Current tax liabilities (Net) | 982.00 | ||
| Deferred government grants, Current | 0.00 | ||
| Total current liabilities | 4,24,100.00 | ||
| 3 | Liabilities directly associated with assets in disposal group classified as held for sale | 2,877.00 | |
| 4 | Regulatory deferral account credit balances and related deferred tax liability | 0.00 | |
| Total liabilities | 5,01,021.00 | ||
| Total equity and liabilites | 7,92,272.00 | ||
| Disclosure of notes on assets and liabilities | Textual Information(1) | ||
| Textual Information(1) | 1 Right of use ROU assets value is included with Property, plant and equipment PPE value 2 Lease liability value is included with Other Financial Liabilities, current as well as noncurrent |
|---|
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-07-2025 | 01-04-2025 | |||||
| Date of end of reporting period | 30-09-2025 | 30-09-2025 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Consolidated | Consolidated | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| 1 | Manufacturing of Machinery & Equipment | 66,672.00 | 1,14,308.00 | ||||
| 2 | Industrial Projects | 84,367.00 | 1,56,137.00 | ||||
| 3 | Sugar | 16,925.00 | 35,296.00 | ||||
| 4 | Ethanol | 6,986.00 | 11,752.00 | ||||
| 5 | Unallocated | 0.00 | 0.00008 | ||||
| 6 | Profit before tax from discontinued operations | 0.00 | 0.00 | ||||
| 7 | Classified as Held for sale | 0.00 | 0.00 | ||||
| Total Segment Revenue | 1,74,950.00 | 3,17,501.00 | |||||
| Less: Inter segment revenue | 5,841.00 | 14,293.00 | |||||
| Revenue from operations | 1,69,109.00 | 3,03,208.00 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Manufacturing of Machinery & Equipment | 9,884.00 | 16,391.00 | ||||
| 2 | Industrial Projects | 3,723.00 | 7,203.00 | ||||
| 3 | Sugar | (522.00) | 958.00 | ||||
| 4 | Ethanol | (31.00) | 219.00 | ||||
| 5 | Unallocated | 4,130.00 | 4,729.00 | ||||
| 6 | Profit before tax from discontinued operations | (4,165.00) | (4,697.00) | ||||
| 7 | Classified as Held for sale | 0.00 | 0.00 | ||||
| Total Profit before tax | 13,019.00 | 24,803.00 | |||||
| i. Finance cost | 1,767.00 | 3,355.00 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | 1,823.00 | 2,978.00 | |||||
| Profit before tax | 9,429.00 | 18,470.00 | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Manufacturing of Machinery & Equipment | 2,88,788.00 | 2,88,788.00 | ||||
| 2 | Industrial Projects | 3,12,188.00 | 3,12,188.00 | ||||
| 3 | Sugar | 32,579.00 | 32,579.00 | ||||
| 4 | Ethanol | 19,127.00 | 19,127.00 | ||||
| 5 | Unallocated | 43,601.00 | 43,601.00 | ||||
| 6 | Profit before tax from discontinued operations | 0.00 | 0.00 | ||||
| 7 | Classified as Held for sale | 1,07,619.00 | 1,07,619.00 | ||||
| Total Segment Asset | 8,03,902.00 | 8,03,902.00 | |||||
| Un-allocable Assets | (11,631.00) | (11,631.00) | |||||
| Net Segment Asset | 7,92,271.00 | 7,92,271.00 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Manufacturing of Machinery & Equipment | 1,90,577.00 | 1,90,577.00 | ||||
| 2 | Industrial Projects | 2,51,134.00 | 2,51,134.00 | ||||
| 3 | Sugar | 5,477.00 | 5,477.00 | ||||
| 4 | Ethanol | 3,691.00 | 3,691.00 | ||||
| 5 | Unallocated | 58,895.00 | 58,895.00 | ||||
| 6 | Profit before tax from discontinued operations | 0.00 | 0.00 | ||||
| 7 | Classified as Held for sale | 2,877.00 | 2,877.00 | ||||
| Total Segment Liabilities | 5,12,651.00 | 5,12,651.00 | |||||
| Un-allocable Liabilities | (11,631.00) | (11,631.00) | |||||
| Net Segment Liabilities | 5,01,020.00 | 5,01,020.00 | |||||
| Disclosure of notes on segments | Textual Information(2) | ||||||
| Textual Information(2) | 1 Other unallocable expenditure net of unallocable income represents Inter Segment Interest 2 Unallocable assets and liabilities represents Inter Segment Assets and Liabilities respectively 3 The Ethanol Plant at Philippines which was under construction has been classified as held for sale |
|---|
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-07-2025 | 01-04-2025 |
| B | Date of end of reporting period | 30-09-2025 | 30-09-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Items that will not be reclassified to profit or loss | -9100000 | -8700000 |
| Total Amount of items that will not be reclassified to profit and loss | (91.00) | (87.00) | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | (23.00) | (22.00) |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| 1 | Items that will be reclassified to profit or loss | -7600000 | -34900000 |
| 2 | Other comprehensive income from discontinued operations | -18500000 | -59500000 |
| Total Amount of items that will be reclassified to profit and loss | (261.00) | (944.00) | |
| 4 | Income tax relating to items that will be reclassified to profit or loss | 0.00 | 0.00 |
| 5 | Total Other comprehensive income | (329.00) | (1,009.00) |
| Particulars | Year ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|
| A | Date of start of reporting period | 01-04-2025 | ||||
| B | Date of end of reporting period | 30-09-2025 | ||||
| C | Whether results are audited or unaudited | Unaudited | ||||
| D | Nature of report standalone or consolidated | Consolidated | ||||
| Statement of cash flows | ||||||
| Cash flows from used in operating activities | ||||||
| Profit before tax | 23,167.00 | |||||
| Adjustments for reconcile profit (loss) | ||||||
| Adjustments for finance costs | 4,608.00 | |||||
| Adjustments for decrease (increase) in inventories | 12,808.00 | |||||
| Adjustments for decrease (increase) in trade receivables, current | 10,671.00 | |||||
| Adjustments for decrease (increase) in trade receivables, non-current | 0.00 | |||||
| Adjustments for decrease (increase) in other current assets | (229.00) | |||||
| Adjustments for decrease (increase) in other non-current assets | (1,975.00) | |||||
| Adjustments for other financial assets, non-current | (71.00) | |||||
| Adjustments for other financial assets, current | (237.00) | |||||
| Adjustments for other bank balances | (5,593.00) | |||||
| Adjustments for increase (decrease) in trade payables, current | (13,234.00) | |||||
| Adjustments for increase (decrease) in trade payables, non-current | 0.00 | |||||
| Adjustments for increase (decrease) in other current liabilities | 23,228.00 | |||||
| Adjustments for increase (decrease) in other non-current liabilities | (4,822.00) | |||||
| Adjustments for depreciation and amortisation expense | 5,255.00 | |||||
| Adjustments for impairment loss reversal of impairment loss recognised in profit or loss | 0.00 | |||||
| Adjustments for provisions, current | 271.00 | |||||
| Adjustments for provisions, non-current | 933.00 | |||||
| Adjustments for other financial liabilities, current | 115.00 | |||||
| Adjustments for other financial liabilities, non-current | 15.00 | |||||
| Adjustments for unrealised foreign exchange losses gains | (2,454.00) | |||||
| Adjustments for dividend income | 0.00 | |||||
| Adjustments for interest income | 335.00 | |||||
| Adjustments for share-based payments | 0.00 | |||||
| Adjustments for fair value losses (gains) | 0.00 | |||||
| Adjustments for undistributed profits of associates | 0.00 | |||||
| Other adjustments for which cash effects are investing or financing cash flow | 0.00 | |||||
| Other adjustments to reconcile profit (loss) | (4,698.00) | |||||
| Other adjustments for non-cash items | 587.00 | |||||
| Share of profit and loss from partnership firm or association of persons or limited liability partnerships | (7.00) | |||||
| Total adjustments for reconcile profit (loss) | 24,836.00 | |||||
| Net cash flows from (used in) operations | 48,003.00 | |||||
| Dividends received | 0.00 | |||||
| Interest paid | 0.00 | |||||
| Interest received | 0.00 | |||||
| Income taxes paid (refund) | 8,620.00 | |||||
| Other inflows (outflows) of cash | 0.00 | |||||
| Net cash flows from (used in) operating activities | 39,383.00 | |||||
| Cash flows from used in investing activities | ||||||
| Cash flows from losing control of subsidiaries or other businesses | 0.00 | |||||
| Cash flows used in obtaining control of subsidiaries or other businesses | 0.00 | |||||
| Other cash receipts from sales of equity or debt instruments of other entities | 1,04,063.00 | |||||
| Other cash payments to acquire equity or debt instruments of other entities | 99,654.00 | |||||
| Other cash receipts from sales of interests in joint ventures | 0.00 | |||||
| Other cash payments to acquire interests in joint ventures | 0.00 | |||||
| Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Cash payment for investment in partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Proceeds from sales of property, plant and equipment | 292.00 | |||||
| Purchase of property, plant and equipment | 7,272.00 | |||||
| Proceeds from sales of investment property | 0.00 | |||||
| Purchase of investment property | 0.00 | |||||
| Proceeds from sales of intangible assets | 0.00 | |||||
| Purchase of intangible assets | 333.00 | |||||
| Proceeds from sales of intangible assets under development | 0.00 | |||||
| Purchase of intangible assets under development | 0.00 | |||||
| Proceeds from sales of goodwill | 0.00 | |||||
| Purchase of goodwill | 0.00 | |||||
| Proceeds from biological assets other than bearer plants | 0.00 | |||||
| Purchase of biological assets other than bearer plants | 0.00 | |||||
| Proceeds from government grants | 0.00 | |||||
| Proceeds from sales of other long-term assets | 0.00 | |||||
| Purchase of other long-term assets | 0.00 | |||||
| Cash advances and loans made to other parties | 0.00 | |||||
| Cash receipts from repayment of advances and loans made to other parties | 0.00 | |||||
| Cash payments for future contracts, forward contracts, option contracts and swap contracts | 0.00 | |||||
| Cash receipts from future contracts, forward contracts, option contracts and swap contracts | 0.00 | |||||
| Dividends received | 0.00 | |||||
| Interest received | 332.00 | |||||
| Income taxes paid (refund) | 0.00 | |||||
| Other inflows (outflows) of cash | 6.00 | |||||
| Net cash flows from (used in) investing activities | (2,566.00) | |||||
| Cash flows from used in financing activities | ||||||
| Proceeds from changes in ownership interests in subsidiaries | 0.00 | |||||
| Payments from changes in ownership interests in subsidiaries | 0.00 | |||||
| Proceeds from issuing shares | 0.00 | |||||
| Proceeds from issuing other equity instruments | 0.00 | |||||
| Payments to acquire or redeem entity's shares | 0.00 | |||||
| Payments of other equity instruments | 0.00 | |||||
| Proceeds from exercise of stock options | 0.00 | |||||
| Proceeds from issuing debentures notes bonds etc | 0.00 | |||||
| Proceeds from borrowings | 33,468.00 | |||||
| Repayments of borrowings | 50,043.00 | |||||
| Payments of lease liabilities | 229.00 | |||||
| Dividends paid | 0.00 | |||||
| Interest paid | 444.00 | |||||
| Income taxes paid (refund) | 15,700.00 | |||||
| Other inflows (outflows) of cash | 0.00 | |||||
| Net cash flows from (used in) financing activities | (32,948.00) | |||||
| Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes | 3,869.00 | |||||
| Effect of exchange rate changes on cash and cash equivalents | ||||||
| Effect of exchange rate changes on cash and cash equivalents | (2,803.00) | |||||
| Net increase (decrease) in cash and cash equivalents | 1,066.00 | |||||
| Cash and cash equivalents cash flow statement at beginning of period | 9,312.00 | |||||
| Cash and cash equivalents cash flow statement at end of period | 10,378.00 | |||||
| Whether results are audited or unaudited | Unaudited |
|---|---|
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| Auditor's opinion | |
| Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results | Yes |
| Sr No. | Audit firm's name | Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI | Certificate valid upto | ||
| 1 | SCV & Co. LLP | Yes | 28-02-2027 | ||
|---|---|---|---|---|---|