Isgec Heavy Engineering Limited (533033) Earnings Call Transcripts

Isgec Heavy Engineering Limited's Latest Earnings Call - Q4 FY2026

In Q4 FY '26, Isgec Heavy Engineering Limited reported a revenue increase of 16% year-on-year, with a stand-alone revenue of INR 5,229 crores, which was below the previously guided 78% growth. The company achieved a profit before tax (PBT) of INR 455 crores, reflecting a 17% growth, although operational PBT was approximately INR 375 crores after adjustments. Management has provided guidance for FY '27, expecting a revenue increase of 10% to 12%, driven primarily by the manufacturing segment, with an opening order book of INR 7,000 crores.

Reported metrics

Guidance from management

Management expects FY '27 revenue to increase by 10% to 12%, driven primarily by the manufacturing segment, with an opening order book of INR 7,000 crores.

What management said

So the major increase is going to come from the manufacturing segment. So we're expecting -- so 10%, as you can see from 50 to 100, 10%, about INR 500 crores or around that much is going to come from the manufacturing segment. And there will be some growth as well, may be 3%, 4% for the project business.

No, it's question of which orders actually got dispatched in -- in the case of manufacturing, as you know, our revenue is booked based on actual dispatches on the sale of wood method. So it's a question of which orders got dispatched in which quarter? And we should actually look at not on a quarter-to-quarter basis, but on an annual basis, and we are reasonably certain that 12% to 13% is what we have been doing for t...

What analysts pressed on

Analysts expressed concerns about the impact of geopolitical risks on order bookings and the potential for margin compression due to rising input costs. There were also inquiries regarding the operational performance of the Cavite Biofuel plant and its future profitability.

Main topics on the call

• Revenue Growth — Isgec reported a 16% year-on-year revenue growth in Q4 FY '26. However, the full-year stand-alone revenue growth of 4.2% to INR 5,229 crores fell short of earlier guidance of 78%. Management stated, "Q4 recovered strongl...
• Profitability Concerns — The reported PBT of INR 455 crores included INR 80 crores from non-operational items related to the Philippines business. Adjusting for these, the operational PBT was INR 375 crores, which was broadly in line with the pr...
• Export Revenue Surge — Export revenue for FY '26 increased significantly to INR 1,169 crores, accounting for 22% of total revenue, up from INR 532 crores the previous year. Management noted, "We are increasing our market share," particularly i...
• Future Guidance — Management has guided for a revenue increase of 10% to 12% for FY '27, with expectations that the manufacturing segment will drive most of this growth. The opening order book stands at INR 7,000 crores, indicating strong...

Read the full Isgec Heavy Engineering Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 18 Isgec Heavy Engineering Limited earnings call transcripts on record, spanning June 30, 2021 to August 12, 2026. Based on this history, Isgec Heavy Engineering Limited reports quarterly. The most recent call on file is dated August 12, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

533033

Exchange

BSE

Country

IN

Sector

Industrials

Industry

Machinery

Calls on record

18

First call

June 30, 2021

Most recent

August 12, 2026

Reporting cadence

quarterly