The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Isgec Heavy Engineering Limited is an India-based company, which is engaged in the business of manufacturing of machinery and equipment, industrial projects, sugar, and ethanol. Its manufacturing of machinery and equipment business includes manufacturing of process plant…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A middling, stagnant business, priced for perfection — but flagged on governance.
Isgec Heavy Engineering is scored on the general / industrial framework. It keeps a thin 2.2% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 4.97× reported profit. It throws off free cash worth 9.0% of its market value — a strong free-cash yield.
Over the last 3 years revenue compounded at 3%/yr and profit at -9%/yr. Book value has grown 7%/yr. Return on equity is a modest 9.0%. In the latest quarter profit fell 79% versus the prior quarter.
At 65× earnings, the stock sits at the 96th percentile of its own 3.6-year range — the expensive end of where it has historically traded. Today's price implies ~13%/yr earnings growth for a decade. The forensic screen raises a red flag: Share count up 35% over 4 years — heavy equity dilution.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 27.86 | — | — |
| P/B | 2.55 | 5.05 | better |
| EV/EBITDA | 11.29 | 12.75 | better |
| ROE | 8.97 | 10.19 | worse |
| ROCE | 13.97 | 12.02 | better |
| ROA | 3.15 | 4.74 | worse |
| Quick Ratio | 1.01 | 3.69 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Larsen & Toubro | 27.1 | 5.0 | 15.8% |
| RVNL | 44.7 | 4.1 | 8.9% |
| ACME Solar Holdings | 36.9 | 3.3 | 9.1% |
3% CAGR — growing but slowly.
Profit is on a 2-year growth streak. Revenue is outpacing profit (3% vs -9%) — costs are rising faster than the top line. The latest year saw a -42% swing — check if it's a one-off or structural.
Operating margins have been stable around 4% — no major structural shift.
ROE at 5% — modest; the capital isn't working hard.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. Profit grew faster than EPS (-9% vs -18%) — share dilution is eroding per-share value. -18% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 5.0× PAT — earnings are well-backed by cash; strong accrual quality. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 6% QoQ — could be seasonality or a genuine slowdown. Run-rate stepping up — recent quarters average 18% above earlier ones.
Profit fell 79% QoQ — one-quarter drops can be noise, but a pattern matters. Quarterly margins are compressing (3% → 1%) — more revenue isn't translating to proportionally more profit.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoter holding at 62.4% — majority control intact.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.