| 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 | 01-04-2026 |
| Date of end of financial year | 31-03-2027 |
| Date of board meeting when results were approved | 04-11-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 15-10-2026 |
| 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 | 04-11-2026 11:00:00 |
| End date and time of board meeting | 04-11-2026 15:10:00 |
| 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 | 01-07-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-09-2026 | 30-09-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| 1 | Income | ||
| Revenue from operations | 1,85,039.00 | 3,83,039.00 | |
| Other income | 925.00 | 2,271.00 | |
| Total income | 1,85,964.00 | 3,85,310.00 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 49,189.00 | 98,446.00 |
| (b) | Purchases of stock-in-trade | 0.00 | 0.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | 5,540.00 | 19,864.00 |
| (d) | Employee benefit expense | 20,355.00 | 38,230.00 |
| (e) | Finance costs | 1,772.00 | 3,709.00 |
| (f) | Depreciation, depletion and amortisation expense | 3,665.00 | 10,145.00 |
| (f) | Other Expenses | ||
| 1 | Cost of projects including boughtouts | 49,001.00 | 1,04,718.00 |
| 2 | Erection & commissioning expenses | 18,387.00 | 34,589.00 |
| 3 | Other Expenses | 27,829.00 | 60,094.00 |
| Total other expenses | 95,217.00 | 1,99,401.00 | |
| Total expenses | 1,75,738.00 | 3,69,795.00 | |
| 3 | Total profit before exceptional items and tax | 10,226.00 | 15,515.00 |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Total profit before tax | 10,226.00 | 15,515.00 |
| 6 | Tax expense | ||
| 7 | Current tax | 4,307.00 | 7,884.00 |
| 8 | Deferred tax | (694.00) | (731.00) |
| 9 | Total tax expenses | 3,613.00 | 7,153.00 |
| 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 | 6,613.00 | 8,362.00 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 6.00 | 7.00 |
| 16 | Total profit (loss) for period | 6,619.00 | 8,369.00 |
| 17 | Other comprehensive income net of taxes | 349.00 | 1,042.00 |
| 18 | Total Comprehensive Income for the period | 6,968.00 | 9,411.00 |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | 5,641.00 | 6,536.00 | |
| Total profit or loss, attributable to non-controlling interests | 978.00 | 1,833.00 | |
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | 6,036.00 | 7,595.00 | |
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | 932.00 | 1,816.00 | |
| 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 | 7.67 | 8.89 | |
| Diluted earnings (loss) per share from continuing operations | 7.67 | 8.89 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 7.67 | 8.89 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 7.67 | 8.89 | |
| 24 | Debt equity ratio | 1.7500 | 1.7500 |
| 25 | Debt service coverage ratio | 0.8600 | 0.800 |
| 26 | Interest service coverage ratio | 6.9200 | 5.3700 |
| 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 | 01-04-2026 | |
| Date of end of reporting period | 30-09-2026 | |
| Whether results are audited or unaudited | Unaudited | |
| Nature of report standalone or consolidated | Consolidated | |
| Assets | ||
| 1 | Non-current assets | |
| Property, plant and equipment | 1,74,019.00 | |
| Capital work-in-progress | 15,121.00 | |
| Investment property | 0.00 | |
| Goodwill | 1,215.00 | |
| Other intangible assets | 3,812.00 | |
| Intangible assets under development | 76.00 | |
| Biological assets other than bearer plants | 0.00 | |
| Investments accounted for using equity method | 0.00 | |
| Non-current financial assets | ||
| Non-current investments | 2,536.00 | |
| Trade receivables, non-current | 0.00 | |
| Loans, non-current | 619.00 | |
| Other non-current financial assets | ||
| 1 | Other Financial assets | 2,183.00 |
| Total of other non-current financial assets | 2,183.00 | |
| Total non-current financial assets | 5,338.00 | |
| Deferred tax assets (net) | 5,279.00 | |
| Other non-current assets | ||
| 1 | Other non-current assets | 4,915.00 |
| Total of other non-current assets | 4,915.00 | |
| Total non-current assets | 2,09,775.00 | |
| 2 | Current assets | |
| Inventories | 1,50,030.00 | |
| Current financial asset | ||
| Current investments | 32,619.00 | |
| Trade receivables, current | 2,35,710.00 | |
| Cash and cash equivalents | 13,660.00 | |
| Bank balance other than cash and cash equivalents | 11,415.00 | |
| Loans, current | 630.00 | |
| Other current financial assets | ||
| Total of other current financial assets | 3,897.00 | |
| Total current financial assets | 2,97,931.00 | |
| Current tax assets (net) | 4,489.00 | |
| Other current assets | ||
| 1 | Other current assets | 1,42,118.00 |
| Total of other current assets | 1,42,118.00 | |
| Total current assets | 5,94,568.00 | |
| 3 | Non-current assets classified as held for sale | 0.00 |
| 4 | Regulatory deferral account debit balances and related deferred tax Assets | 0.00 |
| Total assets | 8,04,343.00 | |
| Equity and liabilities | ||
| 1 | Equity | |
| Equity attributable to owners of parent | ||
| Equity share capital | 735.00 | |
| Other equity | 2,76,106.00 | |
| Total equity attributable to owners of parent | 2,76,841.00 | |
| Non controlling interest | 15,318.00 | |
| Total equity | 2,92,159.00 | |
| 2 | Liabilities | |
| Non-current liabilities | ||
| Non-current financial liabilities | ||
| Borrowings, non-current | 51,407.00 | |
| 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 | Lease liabilities | 2,269.00 |
| 2 | Other financial liabilities | 227.00 |
| Total of other non-current financial liabilities | 2,496.00 | |
| Total non-current financial liabilities | 53,903.00 | |
| Provisions, non-current | 7,844.00 | |
| Deferred tax liabilities (net) | 3,767.00 | |
| Deferred government grants, Non-current | 0.00 | |
| Other non-current liabilities | ||
| 1 | Other non-current liabilities | 23,664.00 |
| Total of other non-current liabilities | 23,664.00 | |
| Total non-current liabilities | 89,178.00 | |
| Current liabilities | ||
| Current financial liabilities | ||
| Borrowings, current | 21,842.00 | |
| Trade payables, current | ||
| (A) Total outstanding dues of micro enterprises and small enterprises | 13,958.00 | |
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 1,04,047.00 | |
| Total Trade payable | 1,18,005.00 | |
| Other current financial liabilities | ||
| 1 | Lease liabilities | 872.00 |
| 2 | Other financial liabilities | 22,278.00 |
| Total of other current financial liabilities | 23,150.00 | |
| Total current financial liabilities | 1,62,997.00 | |
| Other current liabilities | 2,41,015.00 | |
| 1 | Other current liabilities | 2,41,015.00 |
| Total of other current liabilities | 2,41,015.00 | |
| Provisions, current | 16,766.00 | |
| Current tax liabilities (Net) | 2,228.00 | |
| Deferred government grants, Current | 0.00 | |
| Total current liabilities | 4,23,006.00 | |
| 3 | Liabilities directly associated with assets in disposal group classified as held for sale | 0.00 |
| 4 | Regulatory deferral account credit balances and related deferred tax liability | 0.00 |
| Total liabilities | 5,12,184.00 | |
| Total equity and liabilites | 8,04,343.00 | |
| Disclosure of notes on assets and liabilities | ||
| 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 | 01-07-2026 | 01-04-2026 | |||||
| Date of end of reporting period | 30-09-2026 | 30-09-2026 | |||||
| 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 | 73,639.00 | 1,53,298.00 | ||||
| 2 | Industrial Projects | 1,02,072.00 | 2,12,455.00 | ||||
| 3 | Sugar | 11,684.00 | 24,559.00 | ||||
| 4 | Ethanol | 2,724.00 | 3,562.00 | ||||
| 5 | Ethanol Plant at Philippines | 5,670.00 | 12,629.00 | ||||
| 6 | Unallocated | 0.00 | 0.00007 | ||||
| Total Segment Revenue | 1,95,789.00 | 4,06,510.00 | |||||
| Less: Inter segment revenue | 10,750.00 | 23,471.00 | |||||
| Revenue from operations | 1,85,039.00 | 3,83,039.00 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Manufacturing of Machinery & Equipment | 9,943.00 | 18,912.00 | ||||
| 2 | Industrial Projects | 5,723.00 | 11,440.00 | ||||
| 3 | Sugar | 1,182.00 | 1,383.00 | ||||
| 4 | Ethanol | (431.00) | (888.00) | ||||
| 5 | Ethanol Plant at Philippines | (6,016.00) | (12,263.00) | ||||
| 6 | Unallocated | 3,504.00 | 4,594.00 | ||||
| Total Profit before tax | 13,905.00 | 23,178.00 | |||||
| i. Finance cost | 1,744.00 | 3,644.00 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | 1,929.00 | 4,012.00 | |||||
| Profit before tax | 10,232.00 | 15,522.00 | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Manufacturing of Machinery & Equipment | 2,95,109.00 | 2,95,109.00 | ||||
| 2 | Industrial Projects | 3,06,354.00 | 3,06,354.00 | ||||
| 3 | Sugar | 25,083.00 | 25,083.00 | ||||
| 4 | Ethanol | 15,676.00 | 15,676.00 | ||||
| 5 | Ethanol Plant at Philippines | 89,773.00 | 89,773.00 | ||||
| 6 | Unallocated | 91,709.00 | 91,709.00 | ||||
| Total Segment Asset | 8,23,704.00 | 8,23,704.00 | |||||
| Un-allocable Assets | (19,361.00) | (19,361.00) | |||||
| Net Segment Asset | 8,04,343.00 | 8,04,343.00 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Manufacturing of Machinery & Equipment | 1,63,438.00 | 1,63,438.00 | ||||
| 2 | Industrial Projects | 2,81,460.00 | 2,81,460.00 | ||||
| 3 | Sugar | 2,683.00 | 2,683.00 | ||||
| 4 | Ethanol | 220.00 | 220.00 | ||||
| 5 | Ethanol Plant at Philippines | 19,745.00 | 19,745.00 | ||||
| 6 | Unallocated | 63,999.00 | 63,999.00 | ||||
| Total Segment Liabilities | 5,31,545.00 | 5,31,545.00 | |||||
| Un-allocable Liabilities | (19,361.00) | (19,361.00) | |||||
| Net Segment Liabilities | 5,12,184.00 | 5,12,184.00 | |||||
| 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 |
|---|
| 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 | 01-07-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-09-2026 | 30-09-2026 |
| 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 | Remeasurement of post employement defined benefit plans | (511.00) | (506.00) |
| Total Amount of items that will not be reclassified to profit and loss | (511.00) | (506.00) | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | (128.00) | (127.00) |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| 1 | Exchange difference on translation of foreign operation | 732.00 | 1,421.00 |
| Total Amount of items that will be reclassified to profit and loss | 732.00 | 1,421.00 | |
| 4 | Income tax relating to items that will be reclassified to profit or loss | 0.00 | 0.00 |
| 5 | Total Other comprehensive income | 349.00 | 1,042.00 |
| Particulars | Year ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|
| A | Date of start of reporting period | 01-04-2026 | ||||
| B | Date of end of reporting period | 30-09-2026 | ||||
| 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 | 15,515.00 | |||||
| Adjustments for reconcile profit (loss) | ||||||
| Adjustments for finance costs | 3,709.00 | |||||
| Adjustments for decrease (increase) in inventories | 15,235.00 | |||||
| Adjustments for decrease (increase) in trade receivables, current | 40,510.00 | |||||
| Adjustments for decrease (increase) in trade receivables, non-current | 0.00 | |||||
| Adjustments for decrease (increase) in other current assets | (28,790.00) | |||||
| Adjustments for decrease (increase) in other non-current assets | (2,645.00) | |||||
| Adjustments for other financial assets, non-current | 29.00 | |||||
| Adjustments for other financial assets, current | 1,186.00 | |||||
| Adjustments for other bank balances | (4,310.00) | |||||
| Adjustments for increase (decrease) in trade payables, current | (1,890.00) | |||||
| Adjustments for increase (decrease) in trade payables, non-current | 0.00 | |||||
| Adjustments for increase (decrease) in other current liabilities | 532.00 | |||||
| Adjustments for increase (decrease) in other non-current liabilities | 5,547.00 | |||||
| Adjustments for depreciation and amortisation expense | 10,145.00 | |||||
| Adjustments for impairment loss reversal of impairment loss recognised in profit or loss | 0.00 | |||||
| Adjustments for provisions, current | 3,172.00 | |||||
| Adjustments for provisions, non-current | (821.00) | |||||
| Adjustments for other financial liabilities, current | (1,694.00) | |||||
| Adjustments for other financial liabilities, non-current | 47.00 | |||||
| Adjustments for unrealised foreign exchange losses gains | (795.00) | |||||
| Adjustments for dividend income | 0.00 | |||||
| Adjustments for interest income | 437.00 | |||||
| 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) | 0.00 | |||||
| Other adjustments for non-cash items | (2,350.00) | |||||
| Share of profit and loss from partnership firm or association of persons or limited liability partnerships | 7.00 | |||||
| Total adjustments for reconcile profit (loss) | 36,387.00 | |||||
| Net cash flows from (used in) operations | 51,902.00 | |||||
| Dividends received | 0.00 | |||||
| Interest paid | 0.00 | |||||
| Interest received | 0.00 | |||||
| Income taxes paid (refund) | 10,182.00 | |||||
| Other inflows (outflows) of cash | 0.00 | |||||
| Net cash flows from (used in) operating activities | 41,720.00 | |||||
| Cash flows from used in investing activities | ||||||
| Cash flows from losing control of subsidiaries or other businesses | 400.00 | |||||
| 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 | 1,60,035.00 | |||||
| Other cash payments to acquire equity or debt instruments of other entities | 1,87,364.00 | |||||
| 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 | 122.00 | |||||
| Purchase of property, plant and equipment | 12,776.00 | |||||
| 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 | 194.00 | |||||
| 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 | 231.00 | |||||
| Income taxes paid (refund) | 0.00 | |||||
| Other inflows (outflows) of cash | 6.00 | |||||
| Net cash flows from (used in) investing activities | (39,540.00) | |||||
| 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 | 8,221.00 | |||||
| Repayments of borrowings | 26,800.00 | |||||
| Payments of lease liabilities | 418.00 | |||||
| Dividends paid | 1,185.00 | |||||
| Interest paid | 3,623.00 | |||||
| Income taxes paid (refund) | 0.00 | |||||
| Other inflows (outflows) of cash | 0.00 | |||||
| Net cash flows from (used in) financing activities | (23,805.00) | |||||
| Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes | (21,625.00) | |||||
| Effect of exchange rate changes on cash and cash equivalents | ||||||
| Effect of exchange rate changes on cash and cash equivalents | 2,863.00 | |||||
| Net increase (decrease) in cash and cash equivalents | (18,762.00) | |||||
| Cash and cash equivalents cash flow statement at beginning of period | 32,422.00 | |||||
| Cash and cash equivalents cash flow statement at end of period | 13,660.00 | |||||
| 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 | ||
|---|---|---|---|---|---|