Isgec Heavy Engineering Limited

NSEI:ISGEC Stock Report

Market Cap: ₹65.3b

Isgec Heavy Engineering Management

Management criteria checks 2/4

Isgec Heavy Engineering's CEO is Aditya Puri, appointed in Feb 2007, has a tenure of 18.75 years. total yearly compensation is ₹114.70M, comprised of 10.5% salary and 89.5% bonuses, including company stock and options. directly owns 6.21% of the company’s shares, worth ₹4.06B. The average tenure of the management team and the board of directors is 10.8 years and 4.4 years respectively.

Key information

Aditya Puri

Chief executive officer

₹114.7m

Total compensation

CEO salary percentage10.46%
CEO tenure18.8yrs
CEO ownership6.2%
Management average tenure10.8yrs
Board average tenure4.4yrs

Recent management updates

Shareholders May Not Be So Generous With Isgec Heavy Engineering Limited's (NSE:ISGEC) CEO Compensation And Here's Why

Sep 10
Shareholders May Not Be So Generous With Isgec Heavy Engineering Limited's (NSE:ISGEC) CEO Compensation And Here's Why

Recent updates

Shareholders May Not Be So Generous With Isgec Heavy Engineering Limited's (NSE:ISGEC) CEO Compensation And Here's Why

Sep 10
Shareholders May Not Be So Generous With Isgec Heavy Engineering Limited's (NSE:ISGEC) CEO Compensation And Here's Why

Return Trends At Isgec Heavy Engineering (NSE:ISGEC) Aren't Appealing

Mar 08
Return Trends At Isgec Heavy Engineering (NSE:ISGEC) Aren't Appealing

Not Many Are Piling Into Isgec Heavy Engineering Limited (NSE:ISGEC) Stock Yet As It Plummets 30%

Jan 28
Not Many Are Piling Into Isgec Heavy Engineering Limited (NSE:ISGEC) Stock Yet As It Plummets 30%

Isgec Heavy Engineering (NSE:ISGEC) Has A Pretty Healthy Balance Sheet

Jan 10
Isgec Heavy Engineering (NSE:ISGEC) Has A Pretty Healthy Balance Sheet

Subdued Growth No Barrier To Isgec Heavy Engineering Limited (NSE:ISGEC) With Shares Advancing 27%

Dec 14
Subdued Growth No Barrier To Isgec Heavy Engineering Limited (NSE:ISGEC) With Shares Advancing 27%

With EPS Growth And More, Isgec Heavy Engineering (NSE:ISGEC) Makes An Interesting Case

Dec 03
With EPS Growth And More, Isgec Heavy Engineering (NSE:ISGEC) Makes An Interesting Case

Some Confidence Is Lacking In Isgec Heavy Engineering Limited's (NSE:ISGEC) P/E

Oct 15
Some Confidence Is Lacking In Isgec Heavy Engineering Limited's (NSE:ISGEC) P/E

Isgec Heavy Engineering (NSE:ISGEC) Seems To Use Debt Quite Sensibly

Sep 27
Isgec Heavy Engineering (NSE:ISGEC) Seems To Use Debt Quite Sensibly

Here's Why Shareholders May Want To Be Cautious With Increasing Isgec Heavy Engineering Limited's (NSE:ISGEC) CEO Pay Packet

Aug 22
Here's Why Shareholders May Want To Be Cautious With Increasing Isgec Heavy Engineering Limited's (NSE:ISGEC) CEO Pay Packet

Isgec Heavy Engineering (NSE:ISGEC) Is Paying Out A Larger Dividend Than Last Year

Aug 08
Isgec Heavy Engineering (NSE:ISGEC) Is Paying Out A Larger Dividend Than Last Year

What Isgec Heavy Engineering Limited's (NSE:ISGEC) 26% Share Price Gain Is Not Telling You

Jun 30
What Isgec Heavy Engineering Limited's (NSE:ISGEC) 26% Share Price Gain Is Not Telling You

Returns At Isgec Heavy Engineering (NSE:ISGEC) Are On The Way Up

Jun 25
Returns At Isgec Heavy Engineering (NSE:ISGEC) Are On The Way Up

These 4 Measures Indicate That Isgec Heavy Engineering (NSE:ISGEC) Is Using Debt Reasonably Well

May 31
These 4 Measures Indicate That Isgec Heavy Engineering (NSE:ISGEC) Is Using Debt Reasonably Well

Improved Earnings Required Before Isgec Heavy Engineering Limited (NSE:ISGEC) Shares Find Their Feet

Mar 28
Improved Earnings Required Before Isgec Heavy Engineering Limited (NSE:ISGEC) Shares Find Their Feet

Returns Are Gaining Momentum At Isgec Heavy Engineering (NSE:ISGEC)

Mar 05
Returns Are Gaining Momentum At Isgec Heavy Engineering (NSE:ISGEC)

Is Now The Time To Put Isgec Heavy Engineering (NSE:ISGEC) On Your Watchlist?

Feb 14
Is Now The Time To Put Isgec Heavy Engineering (NSE:ISGEC) On Your Watchlist?

Is Isgec Heavy Engineering (NSE:ISGEC) Using Too Much Debt?

Jan 26
Is Isgec Heavy Engineering (NSE:ISGEC) Using Too Much Debt?

Investors Met With Slowing Returns on Capital At Isgec Heavy Engineering (NSE:ISGEC)

Oct 27
Investors Met With Slowing Returns on Capital At Isgec Heavy Engineering (NSE:ISGEC)

Isgec Heavy Engineering (NSE:ISGEC) Is Increasing Its Dividend To ₹3.00

Jul 31
Isgec Heavy Engineering (NSE:ISGEC) Is Increasing Its Dividend To ₹3.00

Isgec Heavy Engineering (NSE:ISGEC) Will Want To Turn Around Its Return Trends

Feb 11
Isgec Heavy Engineering (NSE:ISGEC) Will Want To Turn Around Its Return Trends

Isgec Heavy Engineering Limited's (NSE:ISGEC) Popularity With Investors Is Under Threat From Overpricing

Jun 14
Isgec Heavy Engineering Limited's (NSE:ISGEC) Popularity With Investors Is Under Threat From Overpricing

CEO Compensation Analysis

How has Aditya Puri's remuneration changed compared to Isgec Heavy Engineering's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

₹3b

Jun 30 2025n/an/a

₹3b

Mar 31 2025₹115m₹12m

₹3b

Dec 31 2024n/an/a

₹2b

Sep 30 2024n/an/a

₹3b

Jun 30 2024n/an/a

₹3b

Mar 31 2024₹84m₹12m

₹3b

Dec 31 2023n/an/a

₹3b

Sep 30 2023n/an/a

₹3b

Jun 30 2023n/an/a

₹2b

Mar 31 2023₹68m₹12m

₹2b

Dec 31 2022n/an/a

₹1b

Sep 30 2022n/an/a

₹1b

Jun 30 2022n/an/a

₹1b

Mar 31 2022₹50m₹12m

₹1b

Dec 31 2021n/an/a

₹1b

Sep 30 2021n/an/a

₹2b

Jun 30 2021n/an/a

₹2b

Mar 31 2021₹38m₹6m

₹2b

Dec 31 2020n/an/a

₹2b

Sep 30 2020n/an/a

₹2b

Jun 30 2020n/an/a

₹2b

Mar 31 2020₹121m₹6m

₹1b

Dec 31 2019n/an/a

₹2b

Sep 30 2019n/an/a

₹1b

Jun 30 2019n/an/a

₹1b

Mar 31 2019₹129m₹6m

₹1b

Compensation vs Market: Aditya's total compensation ($USD1.29M) is above average for companies of similar size in the Indian market ($USD405.42K).

Compensation vs Earnings: Aditya's compensation has increased by more than 20% in the past year.


CEO

Aditya Puri (57 yo)

18.8yrs
Tenure
₹114,699,510
Compensation

Mr. Aditya Puri has been Managing Director of ISGEC Heavy Engineering Ltd since February 16, 2007. Mr. Puri serves as a Managing Director of Saraswati Sugar Mills Limited. He served as a Joint Managing Dir...


Leadership Team

NamePositionTenureCompensationOwnership
Aditya Puri
MD & Executive Director18.8yrs₹114.70m6.21%
₹ 4.1b
Kishore Chatnani
CFO, Joint MD18.6yrs₹21.12m0.00068%
₹ 444.0k
Sanjay Gulati
Head of Manufacturing Unitsno data₹14.55mno data
Sachin Saluja
Company Secretary3yrs₹4.05mno data
Bhupinder Malik
Chief Accounts & Taxation Officerno datano datano data
B. Mittal
Senior Vice President of Information & Technologyno datano datano data
Kalyan Ghosh
Chief Legal Officer & Compliance Officerless than a yearno datano data
Radhika Arora
Chief Human Resources Officer1.3yrsno datano data
Ravi Jaidka
Executive Director of ISGEC Works & Unit Head of ISGECno datano datano data
Mahesh Gupta
Head of Materials & Logistics and Chief Executive of EPC34.3yrsno datano data
J. Chowdhery
Head of Internal Auditno datano datano data
Suman Jain
Chief Executive of APCE & Utility Boilersno datano datano data
10.8yrs
Average Tenure
57.5yo
Average Age

Experienced Management: ISGEC's management team is seasoned and experienced (10.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Aditya Puri
MD & Executive Director29.6yrs₹114.70m6.21%
₹ 4.1b
Kishore Chatnani
CFO, Joint MD4.4yrs₹21.12m0.00068%
₹ 444.0k
Sanjay Gulati
Head of Manufacturing Units4.4yrs₹14.55mno data
Ranjit Puri
Non-Executive Chairman of the Board44.1yrs₹780.00k8.97%
₹ 5.9b
Arvind Sagar
Non-Executive Independent Director4.4yrs₹830.00kno data
Rashi Sikka
Independent Non-Executive Director3.5yrs₹770.00kno data
Rajiv Chaudhury
Non-Executive Independent Directorless than a yearno datano data
Vivek Dhir
Independent Directorless than a yearno datano data
4.4yrs
Average Tenure
58.5yo
Average Age

Experienced Board: ISGEC's board of directors are considered experienced (4.4 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/17 08:12
End of Day Share Price 2025/11/14 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Isgec Heavy Engineering Limited is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kameswari V. S. ChavaliFirstCall Research