What we do ISGEC Heavy Engineering Limited, founded in 1933, manufactures heavy machinery, process plant equipment, and undertakes EPC projects including boilers, sugar and power plants with global exports. |
Founded in 1,933 |
Market share A diversified heavy engineering leader with strong domestic presence and exports to 93 countries; commanding significant market share in machinery and EPC sectors. |
Problem solved Provides custom heavy machinery and solutions to industries like sugar, power, fertilizers, and petrochemicals, addressing industrial equipment and turnkey project needs. |
Top clients or who we serve Serves industrial sectors including sugar, power, refineries, fertilizers, steel, cement, automobile, and government sectors (B2B, B2G). |
Key management - |
Our journey and innovations Evolved from sugar manufacturing to diversified heavy engineering with milestones in technology tie-ups and joint ventures, expanding global footprint and product portfolio. |
Where we operate India (multiple states) and exports to USA, Australia, UAE, Nigeria, South-East Asia, Africa, West Asia, and others. |
Top products or what we offer Manufactures process plant equipment, mechanical & hydraulic presses, boilers, sugar & ethanol plants, air pollution control, and EPC services including factory construction. |
Top brands ISGEC Castings, ISGEC Boilers, Eagle Presses (Canada), Isgec Hitachi Zosen (JV), Ethanol and Sugar plants under Saraswati Sugar Mills. |
Raw materials needed Steel, alloy steel, ferrous castings, boiler tubes, panels, specialized metals for reactors and heat exchangers. |
Raw materials supplier Sourced from domestic and international metal and alloy suppliers in line with quality standards. |
Recurring vs cyclical contribution Revenue is a mix of recurring supply contracts and project-based cyclical earnings tied to industrial investment cycles. |
Our industry position Well-positioned with technology partnerships and diversified sectors, maintaining growth momentum and a robust credit rating. |
Financial highlights FY2025 revenue Rs. 6422 crore, net profit Rs. 249 crore with steady YoY growth; order book approx. Rs. 8700 crore, strong EBITDA margins above 9%. |
Geographical revenue split 86% domestic revenue and 14% from overseas markets including USA, Australia, UAE, Nigeria, and others. |
Order book Robust consolidated order book at Rs. 8700 crore mainly from industrial projects and machinery segments. |
Whats driving growth Demand from sugar, power, refinery, and infrastructure sectors; innovation in eco-friendly technologies; strong domestic and export markets. |
Our future plans Expansion of sugar refining capacities, next-gen press lines, increased ethanol production, and green technology adoption. |
Our green promise Focus on renewable energy use, waste recycling, water conservation, and pollution control technologies across operations. |
Our people and values Committed to employee development, skill enhancement, diversity, safety and ethical governance standards. |
Key challenges ahead Global economic fluctuations, raw material price volatility, project execution risks, and competitive pressures. |
Interesting facts Commissioned world's largest cement waste heat recovery boiler and pioneered 100% paddy straw-fired boilers. |
Risks and strategy Mitigates risks via diversified sectors, technology partnerships, strict quality systems, and prudent financial management. |