Isgec Heavy Engineering Limited
Isgec Heavy Engineering Limited provides engineering solutions worldwide. It operates in two segments, Manufacturing of Machinery & Equipment; and Industrial Projects. The company provides process plant equipment, including reactors, high pressure vessels, shell and tube heat exchangers, columns and towers, and high pressure boiler drums; boilers, such as solid and biomass fuels, bagasse and biom… Read more
Isgec Heavy Engineering Limited (ISGEC) - Net Assets
Latest net assets as of September 2025: ₹29.13 Billion INR
Based on the latest financial reports, Isgec Heavy Engineering Limited (ISGEC) has net assets worth ₹29.13 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹79.23 Billion) and total liabilities (₹50.10 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹29.13 Billion |
| % of Total Assets | 36.76% |
| Annual Growth Rate | 14.07% |
| 5-Year Change | 35.7% |
| 10-Year Change | 163.25% |
| Growth Volatility | 6.44 |
Isgec Heavy Engineering Limited - Net Assets Trend (2005–2025)
This chart illustrates how Isgec Heavy Engineering Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Isgec Heavy Engineering Limited (2005–2025)
The table below shows the annual net assets of Isgec Heavy Engineering Limited from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹28.49 Billion | +8.79% |
| 2024-03-31 | ₹26.19 Billion | +9.47% |
| 2023-03-31 | ₹23.92 Billion | +8.63% |
| 2022-03-31 | ₹22.02 Billion | +4.90% |
| 2021-03-31 | ₹20.99 Billion | +12.91% |
| 2020-03-31 | ₹18.59 Billion | +17.17% |
| 2019-03-31 | ₹15.87 Billion | +9.21% |
| 2018-03-31 | ₹14.53 Billion | +10.56% |
| 2017-03-31 | ₹13.14 Billion | +21.44% |
| 2016-03-31 | ₹10.82 Billion | +20.20% |
| 2015-03-31 | ₹9.00 Billion | +18.32% |
| 2013-03-31 | ₹7.61 Billion | +9.85% |
| 2012-03-31 | ₹6.93 Billion | +24.13% |
| 2011-03-31 | ₹5.58 Billion | +16.69% |
| 2010-03-31 | ₹4.78 Billion | +14.89% |
| 2009-03-31 | ₹4.16 Billion | +28.23% |
| 2008-03-31 | ₹3.25 Billion | +7.69% |
| 2007-03-31 | ₹3.01 Billion | +18.78% |
| 2006-03-31 | ₹2.54 Billion | +23.89% |
| 2005-03-31 | ₹2.05 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Isgec Heavy Engineering Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2388764400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹23.89 Billion | 87.22% |
| Common Stock | ₹73.50 Million | 0.27% |
| Other Components | ₹3.43 Billion | 12.51% |
| Total Equity | ₹27.39 Billion | 100.00% |
Isgec Heavy Engineering Limited Competitors by Market Cap
The table below lists competitors of Isgec Heavy Engineering Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jaya Real Property Tbk
JK:JRPT
|
$279.59 Million |
|
Bankwell Financial Group Inc
NASDAQ:BWFG
|
$279.61 Million |
|
Jiangsu Yabang Dyestuff Co Ltd
SHG:603188
|
$279.63 Million |
|
New Work SE
HM:NWO
|
$279.67 Million |
|
Neuca S.A.
WAR:NEU
|
$279.51 Million |
|
Wayside Technology Group Inc
F:PYA
|
$279.47 Million |
|
AhnLab Inc
KQ:053800
|
$279.44 Million |
|
Qiaoyin Environmental Tech Co Ltd
SHE:002973
|
$279.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Isgec Heavy Engineering Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 25,152,099,000 to 27,387,700,000, a change of 2,235,601,000 (8.9%).
- Net income of 2,491,900,000 contributed positively to equity growth.
- Dividend payments of 322,300,000 reduced retained earnings.
- Other comprehensive income decreased equity by 3,400,617,000.
- Other factors increased equity by 3,466,618,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹2.49 Billion | +9.1% |
| Dividends Paid | ₹322.30 Million | -1.18% |
| Other Comprehensive Income | ₹-3.40 Billion | -12.42% |
| Other Changes | ₹3.47 Billion | +12.66% |
| Total Change | ₹- | 8.89% |
Book Value vs Market Value Analysis
This analysis compares Isgec Heavy Engineering Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.40x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 32.15x to 2.40x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | ₹27.79 | ₹893.50 | x |
| 2006-03-31 | ₹34.43 | ₹893.50 | x |
| 2007-03-31 | ₹40.90 | ₹893.50 | x |
| 2008-03-31 | ₹44.04 | ₹893.50 | x |
| 2009-03-31 | ₹56.47 | ₹893.50 | x |
| 2010-03-31 | ₹64.88 | ₹893.50 | x |
| 2011-03-31 | ₹75.72 | ₹893.50 | x |
| 2012-03-31 | ₹87.11 | ₹893.50 | x |
| 2013-03-31 | ₹97.25 | ₹893.50 | x |
| 2015-03-31 | ₹114.89 | ₹893.50 | x |
| 2016-03-31 | ₹139.92 | ₹893.50 | x |
| 2017-03-31 | ₹170.50 | ₹893.50 | x |
| 2018-03-31 | ₹187.83 | ₹893.50 | x |
| 2019-03-31 | ₹206.07 | ₹893.50 | x |
| 2020-03-31 | ₹242.70 | ₹893.50 | x |
| 2021-03-31 | ₹274.92 | ₹893.50 | x |
| 2022-03-31 | ₹288.45 | ₹893.50 | x |
| 2023-03-31 | ₹313.39 | ₹893.50 | x |
| 2024-03-31 | ₹342.07 | ₹893.50 | x |
| 2025-03-31 | ₹372.54 | ₹893.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Isgec Heavy Engineering Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.10%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.88%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 2.94x
- Recent ROE (9.10%) is below the historical average (13.71%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 21.51% | 5.73% | 1.25x | 3.00x | ₹235.83 Million |
| 2006 | 21.44% | 4.59% | 1.39x | 3.35x | ₹290.22 Million |
| 2007 | 18.67% | 3.82% | 1.43x | 3.42x | ₹261.35 Million |
| 2008 | 7.67% | 1.53% | 1.07x | 4.69x | ₹-75.59 Million |
| 2009 | 24.37% | 4.80% | 1.57x | 3.23x | ₹597.97 Million |
| 2010 | 13.83% | 3.17% | 1.17x | 3.71x | ₹183.31 Million |
| 2011 | 15.83% | 3.26% | 1.24x | 3.94x | ₹325.52 Million |
| 2012 | 14.61% | 3.13% | 1.28x | 3.65x | ₹295.82 Million |
| 2013 | 11.42% | 2.43% | 1.24x | 3.77x | ₹101.98 Million |
| 2015 | 13.94% | 3.12% | 1.08x | 4.14x | ₹333.19 Million |
| 2016 | 17.96% | 4.18% | 1.07x | 4.01x | ₹818.56 Million |
| 2017 | 19.31% | 6.36% | 0.92x | 3.29x | ₹1.17 Billion |
| 2018 | 11.39% | 4.15% | 0.99x | 2.77x | ₹191.66 Million |
| 2019 | 9.42% | 2.83% | 0.98x | 3.38x | ₹-87.56 Million |
| 2020 | 8.10% | 2.53% | 0.96x | 3.34x | ₹-339.50 Million |
| 2021 | 12.26% | 4.72% | 0.81x | 3.20x | ₹457.04 Million |
| 2022 | 5.13% | 1.98% | 0.81x | 3.19x | ₹-1.03 Billion |
| 2023 | 8.53% | 3.09% | 0.90x | 3.07x | ₹-339.41 Million |
| 2024 | 9.69% | 3.95% | 0.79x | 3.12x | ₹-78.49 Million |
| 2025 | 9.10% | 3.88% | 0.80x | 2.94x | ₹-246.87 Million |
Industry Comparison
This section compares Isgec Heavy Engineering Limited's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $13,652,920,800
- Average return on equity (ROE) among peers: 9.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Isgec Heavy Engineering Limited (ISGEC) | ₹29.13 Billion | 21.51% | 1.72x | $279.55 Million |
| Aaron Industries Limited (AARON) | $158.89 Million | 23.34% | 0.87x | $9.17 Million |
| Ador Welding Limited (ADORWELD) | $2.35 Billion | 7.84% | 0.61x | $74.72 Million |
| Affordable Robotic & Automation Limited (AFFORDABLE) | $1.13 Billion | 5.71% | 1.11x | $15.98K |
| AIA Engineering Limited (AIAENG) | $10.59 Billion | 17.34% | 0.50x | $1.30 Billion |
| The Anup Engineering Limited (ANUP) | $3.93 Billion | 15.77% | 0.34x | $185.19 Million |
| ATAM VALVES ORD (BSE) (ATAM) | $43.62 Million | 14.95% | 2.96x | $3.43 Million |
| Azad Engineering Limited (AZAD) | $13.93 Billion | 6.27% | 0.34x | $468.30 Million |
| Bharat Heavy Electricals Limited (BHEL) | $52.96 Billion | 12.43% | 1.30x | $4.21 Billion |
| Cummins India Limited (CUMMINSIND) | $42.83 Billion | 17.34% | 0.41x | $7.17 Billion |
| Diamond Power Infrastructure Limited (DIACABS) | $8.61 Billion | -21.42% | 2.62x | $116.63 Million |