Isgec Heavy Engineering Limited — PPTs, 14-11-2025: Investor Presentation

Here's a concise summary of the investor presentation:

**Business Performance:** For Q2 FY26, consolidated total income grew 3.5% YoY to ₹1,725.5 Cr, with EBITDA up 20.8% to ₹181.8 Cr and PAT rising 15.2% to ₹98 Cr. The Sugar & Ethanol segment was a key growth driver, soaring 42.9% in Q2. H1 FY26 saw a slight total income dip of 4.1% to ₹3,084.3 Cr, but EBITDA increased 3.4% to ₹319.8 Cr. Manufacturing and Industrial Projects segments saw revenue declines in both periods.

**Growth Drivers or Strategy:** Isgec maintains a diversified business model across heavy engineering, industrial projects, and sugar/ethanol. Strategic technology partnerships and a global presence in 93 countries underpin its strength.

**Recent Developments:** The Ethanol Plant at Saraswati Sugar Mills saw capacity enhanced to 160 KLPD. The Philippines ethanol plant, though now a discontinued operation, was commissioned.

**Key Financial Metrics:**

* Q2 FY26: Total Income ₹1,725.5 Cr (+3.5% YoY), EBITDA ₹181.8 Cr (+20.8% YoY), PAT ₹98 Cr (+15.2% YoY).

* H1 FY26: Total Income ₹3,084.3 Cr (-4.1% YoY), EBITDA ₹319.8 Cr (+3.4% YoY), PAT ₹161.9 Cr (-10.2% YoY).

* Order Book: ₹8,789 Cr as of September 30, 2025.

**Management Commentary / Outlook:** Management highlights its diversified order book, split 74% domestic/26% international, across sectors like refineries, power, steel, and sugar. This wide sectoral presence helps the company effectively counter industry cyclicality.