Isgec Heavy Engineering Bolsters IT Leadership with New CIO Appointment

1 min read     Updated on 08 Dec 2025, 06:20 PM
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Overview

Isgec Heavy Engineering Limited has appointed Mr. Manzar Abbas as its new Chief Information Officer (CIO), effective December 8, 2025. Abbas brings 25 years of experience in IT strategy and digital transformation, with expertise in Industry 4.0, SAP S/4 Hana, and Cyber Security. This appointment aims to enhance the company's technological capabilities and drive digital transformation initiatives. Abbas's background includes senior leadership roles at Orient Electric Limited, Rockman Industries Limited, and Mother Dairy, and he holds a Bachelor of Engineering in Electronics and Communications from Bangalore University.

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Isgec Heavy Engineering Limited , a prominent player in the heavy engineering sector, has announced a significant addition to its senior management team. The company has appointed Mr. Manzar Abbas as its new Chief Information Officer (CIO), effective December 8, 2025. This strategic move is expected to enhance the company's technological capabilities and drive digital transformation initiatives.

Key Highlights of the Appointment

Aspect Details
Appointee Mr. Manzar Abbas
Position Chief Information Officer (CIO)
Effective Date December 8, 2025
Experience 25 years in IT strategy and digital transformation
Key Expertise IT strategy, Digital Transformation, Industry 4.0, SAP S/4 Hana, Cyber Security
Previous Roles Senior leadership positions at Orient Electric Limited, Rockman Industries Limited, and Mother Dairy
Educational Background Bachelor of Engineering in Electronics and Communications from Bangalore University

Impact on Isgec Heavy Engineering

The appointment of Mr. Abbas as CIO is a clear indication of Isgec Heavy Engineering's commitment to technological advancement and digital innovation. With his extensive experience in IT strategy and digital transformation, Mr. Abbas is well-positioned to lead the company's efforts in leveraging cutting-edge technologies to enhance operational efficiency and competitiveness.

Areas of Focus

Mr. Abbas's expertise in key areas such as:

  1. Industry 4.0
  2. SAP S/4 Hana implementation
  3. Cyber Security

These are expected to play a crucial role in modernizing Isgec's IT infrastructure and processes. His background in these fields suggests that the company may be looking to implement advanced manufacturing technologies, improve data management systems, and strengthen its cybersecurity posture.

Strategic Implications

The appointment of a seasoned IT professional to the CIO position underscores Isgec Heavy Engineering's recognition of the critical role that information technology plays in today's industrial landscape. As the heavy engineering sector continues to evolve, embracing digital solutions and advanced technologies becomes increasingly important for maintaining a competitive edge.

By bringing Mr. Abbas on board, Isgec is positioning itself to:

  • Accelerate its digital transformation journey
  • Enhance operational efficiencies through advanced IT systems
  • Improve data-driven decision-making processes
  • Strengthen its cybersecurity infrastructure

As Isgec Heavy Engineering moves forward with this strategic appointment, stakeholders will be keen to observe how Mr. Abbas's expertise translates into tangible improvements in the company's technological capabilities and overall performance in the coming years.

Historical Stock Returns for Isgec Heavy Engineering

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ISGEC Heavy Engineering Reports 3% Revenue Growth, Plans INR 87 Crore Investment in New Facility

1 min read     Updated on 19 Nov 2025, 04:10 PM
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Reviewed by
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Overview

Isgec Heavy Engineering Limited reported a 3% increase in consolidated revenue to INR 1,725 crores for the quarter ended September 2025. The company's order book grew to INR 8,789 crores, with strong performance across manufacturing and project segments. The Board approved an INR 87 crore investment for a new facility in Dahej SEZ to manufacture skids and modules. The order book is diversified across sectors, with 26% from exports. Growth is seen in metals, oil and gas, automobiles, cement, and core infrastructure sectors, though demand for air pollution control equipment is muted.

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Isgec Heavy Engineering Limited has reported a 3% increase in consolidated revenue to INR 1,725 crores for the quarter ended September 2025, with its order book growing to INR 8,789 crores. The company's performance was driven by strong results across its manufacturing and project segments.

Financial Highlights

  • Consolidated revenue: INR 1,725.00 crores (3% increase)
  • Consolidated profit before tax from continuing operations: INR 136.00 crores (16% increase)
  • Order book: INR 8,789.00 crores

Key Developments

New Facility Investment

The company's Board has approved an investment of INR 87.00 crores for setting up a new facility for manufacturing skids and modules at their existing land within the Dahej Special Economic Zone (SEZ). This investment will be made in two phases:

  • Phase 1: INR 65.00 crores
  • Phase 2: INR 22.00 crores

Upon completion, the new facility is expected to generate:

  • Phase 1: Annual revenue of INR 160.00 crores
  • Phase 2: Increased annual revenue of INR 275.00 crores

Order Book Analysis

The consolidated order book of INR 8,789.00 crores is well-diversified across various sectors and customers:

Business Segment Order Value (INR Crores)
Projects 6,004.00
Manufacturing 2,785.00

Notably, 26% of the consolidated order book is from exports, indicating a strong international presence.

Sector-wise Performance

Isgec Heavy Engineering is experiencing growth across most of its product lines, with strong demand from sectors such as:

  • Metals (including steel)
  • Oil and gas
  • Automobiles
  • Cement
  • Core infrastructure

However, the company noted a muted demand for air pollution control equipment, particularly FGDs, due to recent government guidelines.

Future Outlook

The company remains optimistic about its future prospects, citing:

  • Robust inquiry positions, including increased export inquiries
  • Ongoing expansion of manufacturing capacity for various product lines
  • Expected completion of the new manufacturing facility at Bhartoli by July 2026, with potential additional annual revenue of INR 225.00 crores

Isgec Heavy Engineering's management expressed confidence in the company's diverse portfolio and strategic investments, positioning it well to capitalize on the growing demand in the capital goods sector.

As the company continues to focus on high-growth areas and expand its manufacturing capabilities, it aims to strengthen its market position and drive sustainable growth in the coming years.

Historical Stock Returns for Isgec Heavy Engineering

1 Day5 Days1 Month6 Months1 Year5 Years
-1.05%+0.68%-4.55%-36.22%-50.05%+40.38%
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