Isgec Heavy Engineering Limited has announced a change in its record date for dividend entitlement, moving it from September 08, 2025, to September 09, 2025. This revision comes in response to recent developments in the financial calendar and regulatory requests.

Reasons for the Change

The company cited two primary reasons for this adjustment:

1. The Reserve Bank of India (RBI) declared September 08, 2025, as a clearing/settlement holiday on September 04, 2025.
2. The National Stock Exchange of India Limited (NSE) requested the change via email on September 04, 2025, following their circular no. NCL/CMPT/70039 of the same date.

Impact on Shareholders

Shareholders should take note of the following key points:

• The new record date for dividend entitlement is Tuesday, September 09, 2025.
• Shareholders whose names appear in the Register of Members on this revised date will be eligible to receive the dividend.

Corporate Communication

Isgec Heavy Engineering has taken steps to ensure all relevant parties are informed of this change:

• The company has notified BSE Limited, National Securities Depository Limited (NSDL), Central Depository Services (India) Limited (CDSL), and their Registrar & Share Transfer Agent about the revised record date.
• This information has also been uploaded on the company's official website at www.isgec.com for public access.

Compliance and Transparency

The revision adheres to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This move demonstrates Isgec Heavy Engineering's commitment to regulatory compliance and transparent communication with its shareholders and the market at large.

Investors and shareholders are advised to take note of this change and adjust their financial planning accordingly. For any further clarifications, stakeholders can refer to the official communication available on the company's website or contact their financial advisors.

Isgec Heavy Engineering Limited, a diversified heavy engineering company, reported a significant decline in revenue for the first quarter, despite maintaining a robust order book. The company's financial results for the quarter ended June 30 reveal both challenges and resilience in its operations.

Financial Performance

The company's total income for Q1 stood at Rs 13,588.00 million, marking a substantial 22.2% year-on-year decline. Profit after tax (PAT) also took a hit, falling 32.9% to Rs 639.00 million. However, there was a silver lining as the EBITDA margin improved to 10.2% from 8.9% in the previous year, indicating better operational efficiency.

Segment-wise Performance

Isgec Heavy Engineering operates across three main business segments, all of which experienced revenue declines in Q1:

1. Industrial Projects: Revenue down 18.2% to Rs 7,177.00 million
2. Manufacturing of Machinery & Equipment: Revenue down 12.3% to Rs 4,764.00 million
3. Sugar & Ethanol: Revenue marginally down 0.1% to Rs 2,314.00 million

Order Book and New Orders

Despite the revenue decline, Isgec Heavy Engineering maintained a strong order book position:

• New orders worth Rs 22,370.00 million secured during the quarter
• Robust order book of Rs 90,120.00 million as of June 30

The order book composition reflects a diverse client base and sector spread:

Key sectors contributing to the order book include:

Segment Contribution

For the previous fiscal year, the company's revenue was distributed across its three main segments as follows:

Outlook

While the company faces challenges in terms of revenue decline across all segments, the improved EBITDA margin and strong order book position indicate potential for recovery. The diverse sector representation in the order book, with a significant portion from private sector clients, suggests a balanced approach to business development.

Isgec Heavy Engineering's ability to secure new orders worth Rs 22,370.00 million during the quarter, despite the overall economic challenges, demonstrates the company's strong market position and client trust. The company's focus on various industrial sectors, including refineries, power, and steel, positions it to capitalize on diverse market opportunities.

As the company navigates through the current economic landscape, its improved operational efficiency, as reflected in the enhanced EBITDA margin, could be a key factor in managing the impact of revenue declines. The coming quarters will be crucial in determining whether Isgec Heavy Engineering can leverage its strong order book to reverse the revenue decline trend and return to growth.