NSE: ISGEC | BSE: 533033

Mid-range Performer

Download real time

847.60 -11.65 (-1.36%)

26.38% Fall from 52W High

11,737 NSE+BSE Volume

NSE 28 Jul, 2026 3:29 PM (IST)

6,232.4

Market Cap

High in industry

Beta 1Year

Low volatility

ISGEC Heavy Engineering Ltd. share price target and research reports

Name: Latest research reports of ISGEC Heavy Engineering Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: ISGEC Heavy Engineering Ltd.
Rating: 5
Author: ICICI Securities Limited

Latest analyst research reports with target prices and PDF download for ISGEC, BSE:533033 ISGEC Heavy Engineering Ltd.

Search Inside the pdf :

ISGEC Heavy Engineering Ltd.

17 Aug 2023

847.60

-1.36%

Manufacturing led to good quarter, maintain BUY

Buy: ISGEC Heavy Engineering Ltd.

Target

ICICI Securities Limited

ISGEC Heavy Engineering (ISGEC) reported a good set of numbers for Q1FY24 with standalone revenue/EBITDA/PAT up 14%/35%/112% YoY to INR 11.3bn / 766mn / 637mn respectively. Performance was aided by growth in the manufacturing business of the company. Current orderbook stands at INR 84bn, +9% YoY.

ISGEC Heavy Engg has lost -25.29% in the last 1 Year

ISGEC Heavy Engineering Ltd.

31 May 2023

847.60

-1.36%

Good visibility on revenue amid margin improvement

Buy: ISGEC Heavy Engineering Ltd.

Target

ICICI Securities Limited

ISGEC Heavy Engineering’s (ISGEC) Q4FY23 standalone revenue increased 4% YoY to Rs14bn aided by EPC revenue growth of 8% YoY whereas manufacturing segment revenue declined 4% YoY. Improvement in the share of high-margin manufacturing business led to marginal improvement in EBIDTA margin by 247bps YoY to 7.4%.

ISGEC Heavy Engg has gained 22.04% in the last 6 Months

ISGEC Heavy Engineering Ltd.

15 Feb 2023

847.60

-1.36%

Manufacturing performance improves, EPC to catch up

Buy: ISGEC Heavy Engineering Ltd.

Target

ICICI Securities Limited

ISGEC Heavy Engineering’s (ISGEC) standalone revenue declined 1.5% YoY to Rs11bn (ISECe Rs12bn) in Q3FY23. Manufacturing segment revenue grew at 9%, whereas EPC declined 4% YoY.

ISGEC Heavy Engg has lost -22.57% in the last 3 Months

ISGEC Heavy Engineering Ltd.

14 Nov 2022

847.60

-1.36%

Manufacturing performance improves, EPC to follow suit

Buy: ISGEC Heavy Engineering Ltd.

Target

ICICI Securities Limited

ISGEC Heavy Engineering’s (ISGEC) standalone revenue declined 1.2% YoY to Rs11.4bn (I-Sec: Rs12bn) in Q2FY23. Manufacturing segment revenue was robust at 31% whereas EPC revenue declined 11.5% YoY.

ISGEC Heavy Engg has lost -22.57% in the last 3 Months

ISGEC Heavy Engineering Ltd.

16 Aug 2022

847.60

-1.36%

Improved performance; cost pressures prevail

Buy: ISGEC Heavy Engineering Ltd.

ICICI Securities Limited

ISGEC Heavy Engineering’s (ISGEC) standalone revenue grew 22.4% YoY to Rs9.9bn in Q1FY23 led by 75% / 9.2% YoY growth in manufacturing / EPC business.

ISGEC Heavy Engg has lost -22.57% in the last 3 Months

Is ISGEC Heavy Engineering Ltd. worth buying?

83 Votes:

Buy 77.11%

Sell 8.43%

Hold 14.46%