Isgec Heavy Engineering Limited (ISGEC.BO)
Isgec Heavy Engineering Limited operates in the Industrial - Machinery industry of the Industrials sector, headquartered in Noida, UP, IN. The stock last traded at $744.65, up 0.08% on the session, giving a market capitalisation of $54.89B. Its beta of 0.28 implies it has historically moved less than the broad market.
Isgec Heavy Engineering Limited, an Indian-headquartered company based in Noida and established in 1933, delivers comprehensive engineering solutions across the globe. Known as The Saraswati Industrial Syndicate Limited until its rebranding in 2011, Isgec primarily operates through two core divisions: the manufacture of diverse machinery and equipment, and the provision of Engineering, Procurement, and Construction (EPC) services. Within its manufacturing segment, Isgec produces a wide array of specialized process equipment, including reactors, pressure vessels, shell and tube heat exchangers, columns, towers, and boiler drums. The company is a significant supplier of industrial boilers, designed to run on various fuels such as solid, biomass, oil, gas, and blast furnace gas, as well as waste-to-energy and heat recovery systems. Complementing these boilers are auxiliaries like air pollution control equipment, bag filters, SCR/SNCR systems, flue gas desulphurization units, and deaerators. Isgec also offers extensive field services, encompassing site construction, commissioning, operation and maintenance, supervision, retrofitting, modernization, residual life assessment, spare parts provision, and technical support. Beyond these, Isgec's product range extends to complete sugar plants and associated machinery, including mills, diffusers, process house equipment, sugar refineries, and turnkey distillery plants, alongside spare parts and retrofit services. They also engineer and produce various presses, such as mechanical and hydraulic straight-sided models, gap and ring frame presses, and servo presses. Furthermore, the company specializes in steel castings for applications in steam/gas/hydro turbines, valves, pumps, and mining, as well as general engineering castings. Their offerings also include iron castings, standalone air pollution control equipment, and liquefied gas containers. Contract manufacturing services are also provided. Uniquely, Isgec diversifies its business by manufacturing and selling sugar, ethanol, and their respective by-products. Isgec's engineering expertise serves a vast array of sectors worldwide, from power generation, oil and gas, petrochemicals, and fertilizers to automotive, steel, defense, cement, chemicals, railways, space, and port industries.
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