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ISGEC Heavy Engineering Ltd consolidated sales down 3.33% on year in Q2FY2026, net profit witnessed a sharp fall of 79.40%

(15-Aug-26   18:48)

ISGEC Heavy Engineering Ltd share price declined by 1.63% to Rs 731.9 after the company's net profit plunged by 79.40% to Rs 17.5 crore, while revenue from operations softened by 3.33% to Rs 1980.0 crore in Q2FY26 over Q1FY26. The market capitalization of Civil Construction industry group stocks on BSE stood at Rs 9.26 lakh crore, plunging by 18.27%. It has slipped by 0.88% over last one week and crept higher by 0.26% in last one month while the market capitalization of ISGEC Heavy Engineering Ltd has reduced by 10.28% and 32.52% in the same period respectively. Profit before tax (PBT) of ISGEC Heavy Engineering Ltd stood at Rs 52.9 crore in Q2 FY26, rallying 17.29% year-on-year, and tumbling by 59.55% quarter-on-quarter. EBITDA came in at Rs 110 crore, gaining 3.94% YoY and expanding by 18.26% sequentially. Total expenses marginally dropped 1.98% to Rs 1921.2 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 492.57 crore, registering a fall of 26.87% YoY, while employee benefits expense was at Rs 178.75 crore, inching up 2.03% YoY. For the TTM ended FY26, revenue from operations tick up 3.26% to Rs 6422.28 crore, while net profit surged by 39.56% to Rs 355.7 crore, compared to previous TTM. EBITDA soared by 46695% to Rs 540.06 crore, and PBT soared 34.80% to Rs 477.41 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 116.18 crore in FY26, as against Rs 735.17 crore in FY25. ISGEC Heavy Engineering Ltd crashed 26.12% in last one year, underperforming the benchmark BSE Sensex which has softened by 3.21% during the same period.