



General Industrials | Small Cap
ISGEC Heavy Engineering Ltd demonstrates a mixed financial profile. The company shows robust solvency due to a strong equity position and minimal debt. Growth is also a notable strength, driven by significant increases in operating profit, earnings per share, and asset growth. The interest coverage ratio suggests a comfortable ability to meet interest obligations. However, liquidity appears weak, indicating potential challenges in meeting short-term obligations. Efficiency ratios are also generally low, suggesting the company may not be maximizing asset utilization. Profitability metrics are varied, with a strong return on capital employed but weak margins and returns on equity and assets. Overall, ISGEC's financial health is supported by its solvency and growth, but there is room to improve liquidity, efficiency and profitability.
ISGEC Heavy Engineering Ltd demonstrates a mixed financial profile. The company shows robust solvency due to a strong equity position and minimal debt. Growth is also a notable strength, driven by significant increases in operating profit, earnings per share, and asset growth. The interest coverage ratio suggests a comfortable ability to meet interest obligations. However, liquidity appears weak, indicating potential challenges in meeting short-term obligations. Efficiency ratios are also generally low, suggesting the company may not be maximizing asset utilization. Profitability metrics are varied, with a strong return on capital employed but weak margins and returns on equity and assets. Overall, ISGEC's financial health is supported by its solvency and growth, but there is room to improve liquidity, efficiency and profitability.
Overall Valuation Score
Markets Depth NSE
Buy Orders
Bid
Quantity
Orders
No buy depth
Total
0
0
Sell Orders
Ask
Quantity
Orders
No sell depth
Total
0
0
Markets Today NSE
High
0.00
Low
0.00
Open
0.00
Close
0.00
Prev Close
0.00
Avg Price
0.00
Volume
0
Last Traded Quantity
0
Last Traded Time
N/A
Price Movement Indicator
Today's Low: 0.00
Today's High: 0.00
P/E RATIO (TTM)
16.01
Industry Median
32.66
Small Cap Median
32.66
P/E RATIO
50.99
P/B RATIO
2.03
Industry Median
3.99
Small Cap Median
3.84
P/S RATIO
0.81
Industry Median
2.08
Small Cap Median
1.95
Others
PEG RATIO
0.00
EV/EBITDA RATIO
8.47
The Calculations Shown Above Are Based on the Last Traded Price (LTP) of ₹755.1 as on Aug 22, 2026.
The company demonstrates some good growth, particularly in operating profit, earnings per share, and asset growth. However, the growth in revenue and net income is not there, which is a point of concern. Sustainable growth requires balanced performance across all key metrics. Focusing on driving revenue and net income alongside profit and asset growth will be crucial for long-term success.
| Growth Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue Growth Rate | 1.35 | 16.37 | -2.83 | 3.28 | 5.71 |
| Operating Profit Growth Rate | -28.57 | 41.19 | 15.86 | 9.12 | -7.19 |
| Earnings Per Share (EPS) Growth | -56.1 | 80.54 | 24.03 | 2.26 | -56.3 |
| Asset Growth Rate | 4.59 | 4.63 | 10.69 | 2.59 | 0.85 |
| Net Income Growth Rate | -54.55 | 79.13 | 23.79 | 3.53 | -41.67 |
Revenue Growth Rate
Operating Profit Growth Rate
Earnings Per Share (EPS) Growth
Asset Growth Rate
Net Income Growth Rate
Peer Comparison empowers investors to evaluate a company against its industry peers using key financial metrics like P/E ratio, EPS, and profit margins. It helps identify whether a company is overvalued, undervalued, or performing in line with competitors. Investors can use this data to spot opportunities, assess risks, and make informed decisions. This contextual view adds depth beyond standalone company analysis.
| NO | Company Name | Health Score | P/E Ratio | Valuation | OPM | EPS | Latest Profit & Loss |
|---|---|---|---|---|---|---|---|
| 1 | Lloyds Engineering Works Ltd | 7.29 | 66.21 | Neutral | 189.00 | 0.80 | 198.00 |
| 2 | HLE Glascoat Ltd | 7.29 | 44.80 | Neutral | 140.00 | 5.50 | 57.00 |
| 3 | Dynamatic Technologies Ltd | 7.07 | 226.73 | Neutral | 183.00 | 65.48 | 32.00 |
| 4 | Praj Industries Ltd | 6.08 | 264.88 | Neutral | 152.00 | 6.55 | 24.00 |
| 5 | ISGEC Heavy Engineering Ltd | 5.77 | 50.99 | Neutral | 555.00 | 47.16 | 154.00 |
| 6 | GMM Pfaudler Ltd | 5.32 | 79.50 | Neutral | 403.00 | 13.19 | 52.00 |
0 Credits RemainingUnlock Deep Technical Insights in Seconds Only with Dhanarthi AI
Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bearish
Market Sentiment
Analysis Driven By 26 Technical Indicators From The 1 Hour Timeframe
Trend Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bearish
Momentum Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Volatility Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volume Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
No Stock Reports Available at This Moment.
No Stock News Available at This Moment.
ISGEC Heavy Engineering Ltd. is a diversified Indian heavy engineering company providing comprehensive solutions across industrial sectors. It manufactures boilers, presses, castings, and other industrial equipment. ISGEC also undertakes EPC projects for power, steel, and environmental plants, alongside operating sugar mills, making it a key player in India's heavy engineering landscape.
P/E Ratio (TTM): Price to Earnings ratio shows how much an investor pays for every rupee of the company's earnings. ISGEC Heavy Engineering Ltd's P/E ratio (TTM) is 16.01, compared to the industry median of 32.66 and large cap median of 32.66.
P/B Ratio: Price to Book ratio compares a company's market price to its book value per share. ISGEC Heavy Engineering Ltd's P/B ratio is 2.03, compared to the industry median of 3.99 and large cap median of 3.84.
P/S Ratio: Price to Sales ratio compares a company's market value to its total revenue. ISGEC Heavy Engineering Ltd's P/S ratio is 0.81, compared to the industry median of 2.08 and large cap median of 1.95.
PEG Ratio: PEG ratio adjusts the P/E ratio for expected earnings growth. ISGEC Heavy Engineering Ltd's PEG ratio is 1.80.
EV/EBITDA Ratio: This ratio compares a company's enterprise value to its earnings before interest, tax, depreciation, and amortization. ISGEC Heavy Engineering Ltd's EV/EBITDA ratio is 8.47.
Return on Equity (ROE): ROE measures how much profit a company generates from shareholders' invested capital. ISGEC Heavy Engineering Ltd's ROE is 5.63%.
Return on Assets (ROA): ROA measures how efficiently a company converts its assets into net profit. ISGEC Heavy Engineering Ltd's ROA is 6.87%.
Return on Capital Employed (ROCE): ROCE measures how efficiently a company generates profit from all the capital it employs. ISGEC Heavy Engineering Ltd's ROCE is 11%.
Operating Margin: Operating margin shows what percentage of revenue remains after covering operating expenses. ISGEC Heavy Engineering Ltd's operating margin is 8.17%.
Net Margin: Net margin shows what percentage of revenue converts into final net profit. ISGEC Heavy Engineering Ltd's net margin is 2.27%.
Current Ratio: The current ratio measures a company's ability to pay short-term liabilities using short-term assets. ISGEC Heavy Engineering Ltd's current ratio is 1.27.
Debt to Equity Ratio: This ratio shows the proportion of debt a company uses relative to shareholders' equity. ISGEC Heavy Engineering Ltd's debt-to-equity ratio is 0.20.
Interest Coverage Ratio: This ratio shows how easily a company can pay interest on its outstanding debt from its operating earnings. ISGEC Heavy Engineering Ltd's interest coverage ratio is 4.62.
Dividend Per Share (DPS): DPS shows the total dividend paid per share in the latest financial year. ISGEC Heavy Engineering Ltd's DPS is ₹0.
Earnings Per Share (EPS): EPS shows how much profit is allocated to each outstanding share. ISGEC Heavy Engineering Ltd's EPS is -56.30.
(Source line: "Ratios as of 22 Aug 2026, based on last traded price of ₹755.10. Data sourced from BSE/NSE Exchange Filings & Public Terminal Data.")
Founded: 1933 (as The Saraswati Industrial Syndicate Ltd.)
Headquarters: Noida, Uttar Pradesh
Core Offerings: Industrial Boilers, Sugar Plants & Machinery, Presses & Equipment, EPC Projects, Castings, Contract Manufacturing
Stock Listing: NSE (ISGEC), BSE (533033)
Promoter: Mr. Sarvjit Singh / Saraswati Industrial Syndicate Group
Founded in 1933 as The Saraswati Industrial Syndicate Ltd. in Yamunanagar, the company initially focused on sugar mill machinery. It diversified into manufacturing boilers in the 1960s and subsequently expanded its portfolio to include power plants, presses, and heavy castings. The company was renamed ISGEC Heavy Engineering Ltd. in 2010, evolving into a leading diversified heavy engineering player in India.
| Segment Name | Revenue % | EBITDA |
|---|---|---|
| Heavy Engineering | 46.8% | Operating Profit |
| EPC Projects | 42.1% | Operating Profit |
| Sugar & Allied Business | 11.1% | Operating Profit |
Heavy Engineering: Manufactures a wide range of industrial equipment including boilers (industrial and power), sugar plant machinery, presses, heavy castings, and various process equipment for diverse industries.
EPC Projects: Specializes in Engineering, Procurement, and Construction (EPC) services for large-scale industrial projects, including power plants, steel mills, material handling systems, and environmental solutions like Flue Gas Desulphurization (FGD) systems.
Sugar & Allied Business: Engages in the manufacturing and sale of sugar and allied products. This segment also includes the production of industrial alcohol from distilleries and the operation of co-generation power plants.
Mr. Sarvjit Singh (Chairman & Whole-time Director): Represents the promoter family with extensive experience spanning over five decades in the heavy engineering and manufacturing industry. Mr. Sandeep Kumar Salhotra (Managing Director & CEO): A seasoned professional bringing strategic leadership and operational expertise to steer the company's growth initiatives.
Isgec Engineering Services Limited (India)
Isgec TITAN GmbH (Germany)
Isgec Hitachi Zosen Limited (India)
No major recent corporate actions on record (Last bonus issue in 2017).
The ISGEC Heavy Engineering Ltd share price today is ₹755.10 on NSE (ISGEC), as of 23 Aug 2026.
As of 22 Aug 2026, ISGEC Heavy Engineering Ltd share price is ₹755.10, with previous close ₹N/A. Today's range is ₹N/A to ₹N/A. The 52-week range is ₹N/A to ₹N/A.
As of today, ISGEC Heavy Engineering Ltd's market cap is ₹5,527.33 crore (Mid Cap).
ISGEC Heavy Engineering Ltd's current P/E ratio is 16.01, compared to the GENERAL INDUSTRIALS sector average of 32.
ISGEC Heavy Engineering Ltd's current P/B ratio is 2.03.
ISGEC Heavy Engineering Ltd's current dividend yield is N/A. Last dividend of ₹3.00 per share was declared on 18-Aug-2023.
ISGEC Heavy Engineering Ltd's EPS (TTM) is ₹-56.30.
ISGEC Heavy Engineering Ltd. is a diversified Indian heavy engineering company providing comprehensive solutions across industrial sectors. It manufactures boilers, presses, castings, and other industrial equipment. ISGEC also undertakes EPC projects for power, steel, and environmental plants, alongside operating sugar mills, making it a key player in India's heavy engineering landscape.
ISGEC Heavy Engineering Ltd is promoted by Mr. Sarvjit Singh / Saraswati Industrial Syndicate Group, holding 62.43% as of 22 Aug 2026.
ISGEC Heavy Engineering Ltd is listed on NSE (ISGEC) and BSE (533033). Its next quarterly results are expected on August 2024 (for Q1 FY25).