Share Price and Basic Stock Data
Last Updated: November 15, 2025, 5:41 pm
| PEG Ratio | -2.98 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Haria Exports Ltd operates in the textiles and readymade apparel sector, with a current market capitalization of ₹9.09 Cr. The company’s share price stands at ₹7.87, reflecting a price-to-earnings (P/E) ratio of 65.0. Notably, the revenue trends indicate a concerning pattern, as the company has not reported any sales from March 2022 through to the trailing twelve months (TTM). This lack of revenue generation is critical, especially as the industry is typically characterized by consistent sales performance. Historical revenue figures show a peak of ₹1.17 Cr in March 2014, sharply declining to ₹0.00 by March 2023, which raises significant concerns about operational viability. The absence of sales over several quarters highlights an urgent need for strategic re-evaluation to revive business activity and meet market demands effectively.
Profitability and Efficiency Metrics
The profitability metrics of Haria Exports Ltd reveal significant challenges. The company has recorded a net profit of only ₹0.14 Cr, translating to a return on equity (ROE) of 0.78% and a return on capital employed (ROCE) of the same percentage. These figures are notably low, particularly when compared to industry standards, which often exceed 10% for healthy companies in the textiles sector. The operating profit margin (OPM) remains unreported, and the company’s operating losses have been persistent, peaking at ₹0.36 Cr in March 2023. Additionally, the trailing twelve months show a net profit of ₹0.00, indicating that despite some minor recoveries in certain quarters, the overall profitability remains under severe pressure. This trend necessitates immediate corrective measures to enhance operational efficiencies and restore profitability.
Balance Sheet Strength and Financial Ratios
Haria Exports Ltd exhibits a balance sheet characterized by low debt levels, with borrowings reported at ₹0.00 Cr, which is a positive indicator of financial health. The company has reserves amounting to ₹2.59 Cr as of March 2025, showing a slight increase from ₹2.47 Cr in March 2024. The current ratio stands at 12.19, significantly higher than the typical industry benchmark of around 1.5, indicating robust short-term liquidity. However, the price-to-book value (P/BV) ratio is recorded at 0.70x, suggesting that the market may undervalue the company’s assets relative to its share price. The efficiency ratios, including a cash conversion cycle that has been notably high in prior years, reflect operational inefficiencies that could impede future growth. The balance sheet’s overall strength is somewhat offset by the absence of revenue generation, which raises concerns about long-term sustainability.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Haria Exports Ltd indicates a significant public ownership of 68.54%, with promoters holding 31.45% and institutional investors (DIIs) accounting for a mere 0.01%. The total number of shareholders has notably declined from 8,811 in September 2022 to 4,108 by March 2025, reflecting waning investor confidence amidst ongoing operational challenges. The static promoter stake suggests a commitment to the company, but the lack of institutional interest can be a red flag for potential investors. This decline in shareholder base may influence the company’s ability to raise funds for operational improvements or expansion. The concentration of public ownership could lead to increased volatility in share price, particularly in light of the company’s performance issues, potentially deterring new investments.
Outlook, Risks, and Final Insight
The outlook for Haria Exports Ltd is fraught with challenges, primarily due to the continuous lack of revenue generation and profitability pressures. The company’s operational inefficiencies, as evidenced by persistent losses and low ROE, pose significant risks to its viability. Additionally, the declining shareholder base raises concerns about investor confidence and market perception. However, the company’s strong liquidity position and absence of debt present opportunities for restructuring and potential recovery. Strategies focused on revitalizing sales, improving operational efficiencies, and engaging institutional investors may pave the way for a turnaround. If effectively implemented, these measures could enhance profitability and restore investor confidence. Conversely, continued operational stagnation could lead to further declines in market valuation and shareholder sentiment.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Haria Exports Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Haria Exports Ltd | 9.24 Cr. | 8.00 | 10.2/4.73 | 66.0 | 12.2 | 0.00 % | 0.78 % | 0.78 % | 10.0 |
| Haria Apparels Ltd | 10.1 Cr. | 6.59 | 7.65/4.35 | 9.08 | 4.01 | 0.00 % | 15.1 % | 14.7 % | 10.0 |
| Garment Mantra Lifestyle Ltd | 30.9 Cr. | 1.54 | 2.15/1.05 | 6.00 | 1.13 | 0.00 % | 7.38 % | 7.31 % | 1.00 |
| Cityman Ltd | 18.5 Cr. | 15.8 | 27.7/12.9 | 5.74 | 0.00 % | 4.18 % | % | 10.0 | |
| Bizotic Commercial Ltd | 630 Cr. | 784 | 784/70.1 | 58.2 | 82.7 | 0.00 % | 11.4 % | 7.61 % | 10.0 |
| Industry Average | 4,335.59 Cr | 1,478.90 | 41.10 | 143.47 | 0.21% | 11.30% | 15.68% | 7.21 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Expenses | 0.06 | 0.11 | 0.15 | 0.04 | 0.05 | 0.06 | 0.08 | 0.05 | 0.05 | 0.04 | 0.07 | 0.05 | 0.06 |
| Operating Profit | -0.06 | -0.11 | -0.15 | -0.04 | -0.05 | -0.06 | -0.08 | -0.05 | -0.05 | -0.04 | -0.07 | -0.05 | -0.06 |
| OPM % | |||||||||||||
| Other Income | 0.07 | 0.07 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.09 | 0.08 | 0.08 | 0.09 | 0.08 | 0.11 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.01 | -0.04 | -0.07 | 0.04 | 0.03 | 0.02 | 0.00 | 0.04 | 0.03 | 0.04 | 0.02 | 0.03 | 0.05 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| Net Profit | 0.01 | -0.04 | -0.07 | 0.04 | 0.03 | 0.02 | 0.00 | 0.04 | 0.03 | 0.04 | 0.02 | 0.03 | 0.05 |
| EPS in Rs | 0.01 | -0.03 | -0.06 | 0.03 | 0.03 | 0.02 | 0.00 | 0.03 | 0.03 | 0.03 | 0.02 | 0.03 | 0.04 |
Last Updated: August 22, 2025, 10:15 am
Below is a detailed analysis of the quarterly data for Haria Exports Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00 Cr..
- For Expenses, as of Jun 2025, the value is 0.06 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.05 Cr. (Mar 2025) to 0.06 Cr., marking an increase of 0.01 Cr..
- For Operating Profit, as of Jun 2025, the value is -0.06 Cr.. The value appears to be declining and may need further review. It has decreased from -0.05 Cr. (Mar 2025) to -0.06 Cr., marking a decrease of 0.01 Cr..
- For OPM %, as of Jun 2025, the value is 0.00%. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00%.
- For Other Income, as of Jun 2025, the value is 0.11 Cr.. The value appears strong and on an upward trend. It has increased from 0.08 Cr. (Mar 2025) to 0.11 Cr., marking an increase of 0.03 Cr..
- For Interest, as of Jun 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00 Cr..
- For Depreciation, as of Jun 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 0.05 Cr.. The value appears strong and on an upward trend. It has increased from 0.03 Cr. (Mar 2025) to 0.05 Cr., marking an increase of 0.02 Cr..
- For Tax %, as of Jun 2025, the value is 0.00%. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00%.
- For Net Profit, as of Jun 2025, the value is 0.05 Cr.. The value appears strong and on an upward trend. It has increased from 0.03 Cr. (Mar 2025) to 0.05 Cr., marking an increase of 0.02 Cr..
- For EPS in Rs, as of Jun 2025, the value is 0.04. The value appears strong and on an upward trend. It has increased from 0.03 (Mar 2025) to 0.04, marking an increase of 0.01.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: August 23, 2025, 12:58 pm
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1.17 | 0.17 | 0.02 | 0.00 | 0.90 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Expenses | 3.65 | 0.42 | 0.24 | 0.24 | 1.19 | 0.10 | 0.14 | 0.11 | 0.18 | 0.36 | 0.25 | 0.23 | 0.22 |
| Operating Profit | -2.48 | -0.25 | -0.22 | -0.24 | -0.29 | -0.10 | -0.14 | -0.11 | -0.18 | -0.36 | -0.25 | -0.23 | -0.22 |
| OPM % | -211.97% | -147.06% | -1,100.00% | -32.22% | |||||||||
| Other Income | 1.38 | 0.02 | 0.12 | 0.90 | 1.11 | 0.91 | 0.42 | 1.20 | 1.12 | 0.30 | 0.34 | 0.34 | 0.36 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | -1.13 | -0.23 | -0.10 | 0.66 | 0.82 | 0.81 | 0.28 | 1.09 | 0.94 | -0.06 | 0.09 | 0.11 | 0.14 |
| Tax % | 59.29% | 39.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.83% | 47.87% | 0.00% | 0.00% | 0.00% | |
| Net Profit | -1.81 | -0.33 | -0.10 | 0.66 | 0.82 | 0.81 | 0.28 | 1.07 | 0.49 | -0.06 | 0.09 | 0.11 | 0.14 |
| EPS in Rs | -1.57 | -0.29 | -0.09 | 0.57 | 0.71 | 0.70 | 0.24 | 0.93 | 0.42 | -0.05 | 0.08 | 0.10 | 0.12 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 81.77% | 69.70% | 760.00% | 24.24% | -1.22% | -65.43% | 282.14% | -54.21% | -112.24% | 250.00% | 22.22% |
| Change in YoY Net Profit Growth (%) | 0.00% | -12.07% | 690.30% | -735.76% | -25.46% | -64.21% | 347.57% | -336.35% | -58.04% | 362.24% | -227.78% |
Haria Exports Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
No data available for the compounded sales growth chart.
No data available for the Balance Sheet data table.
Cash Flow - No data available for this post.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 1,051.32 | 5,496.47 | 6,752.50 | 4.06 | ||||||||
| Inventory Days | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 1,051.32 | 5,496.47 | 6,752.50 | 4.06 | ||||||||
| Working Capital Days | 826.71 | 4,852.35 | 13,322.50 | 73.00 | ||||||||
| ROCE % | -6.11% | -1.50% | -0.67% | 5.22% | 7.50% | 6.89% | 2.28% | 8.40% | 6.83% | -0.43% | 0.64% | 0.78% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 0.10 | 0.08 | -0.05 | 0.43 | 0.93 |
| Diluted EPS (Rs.) | 0.10 | 0.08 | -0.05 | 0.43 | 0.93 |
| Cash EPS (Rs.) | 0.09 | 0.07 | -0.05 | 0.42 | 0.92 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 12.24 | 12.14 | 12.06 | 12.11 | 11.69 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 12.24 | 12.14 | 12.06 | 12.11 | 11.69 |
| PBDIT / Share (Rs.) | 0.09 | 0.07 | -0.05 | 0.81 | 0.94 |
| PBIT / Share (Rs.) | 0.09 | 0.07 | -0.05 | 0.81 | 0.94 |
| PBT / Share (Rs.) | 0.09 | 0.07 | -0.05 | 0.81 | 0.94 |
| Net Profit / Share (Rs.) | 0.09 | 0.07 | -0.05 | 0.42 | 0.92 |
| Return on Networth / Equity (%) | 0.80 | 0.62 | -0.42 | 3.51 | 7.93 |
| Return on Capital Employeed (%) | 0.80 | 0.62 | -0.42 | 6.72 | 8.07 |
| Return On Assets (%) | 0.80 | 0.62 | -0.42 | 3.51 | 7.91 |
| Current Ratio (X) | 12.19 | 12.37 | 8.27 | 14.67 | 253.73 |
| Quick Ratio (X) | 12.19 | 12.37 | 8.27 | 14.67 | 253.73 |
| Enterprise Value (Cr.) | 9.88 | 4.82 | 4.63 | 7.31 | 0.94 |
| EV / EBITDA (X) | 86.52 | 55.05 | -78.92 | 7.77 | 0.86 |
| Price / BV (X) | 0.70 | 0.35 | 0.34 | 0.53 | 0.08 |
| EarningsYield | 0.01 | 0.01 | -0.01 | 0.06 | 0.98 |
After reviewing the key financial ratios for Haria Exports Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 0.10. This value is below the healthy minimum of 5. It has increased from 0.08 (Mar 24) to 0.10, marking an increase of 0.02.
- For Diluted EPS (Rs.), as of Mar 25, the value is 0.10. This value is below the healthy minimum of 5. It has increased from 0.08 (Mar 24) to 0.10, marking an increase of 0.02.
- For Cash EPS (Rs.), as of Mar 25, the value is 0.09. This value is below the healthy minimum of 3. It has increased from 0.07 (Mar 24) to 0.09, marking an increase of 0.02.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 12.24. It has increased from 12.14 (Mar 24) to 12.24, marking an increase of 0.10.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 12.24. It has increased from 12.14 (Mar 24) to 12.24, marking an increase of 0.10.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 0.09. This value is below the healthy minimum of 2. It has increased from 0.07 (Mar 24) to 0.09, marking an increase of 0.02.
- For PBIT / Share (Rs.), as of Mar 25, the value is 0.09. This value is within the healthy range. It has increased from 0.07 (Mar 24) to 0.09, marking an increase of 0.02.
- For PBT / Share (Rs.), as of Mar 25, the value is 0.09. This value is within the healthy range. It has increased from 0.07 (Mar 24) to 0.09, marking an increase of 0.02.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 0.09. This value is below the healthy minimum of 2. It has increased from 0.07 (Mar 24) to 0.09, marking an increase of 0.02.
- For Return on Networth / Equity (%), as of Mar 25, the value is 0.80. This value is below the healthy minimum of 15. It has increased from 0.62 (Mar 24) to 0.80, marking an increase of 0.18.
- For Return on Capital Employeed (%), as of Mar 25, the value is 0.80. This value is below the healthy minimum of 10. It has increased from 0.62 (Mar 24) to 0.80, marking an increase of 0.18.
- For Return On Assets (%), as of Mar 25, the value is 0.80. This value is below the healthy minimum of 5. It has increased from 0.62 (Mar 24) to 0.80, marking an increase of 0.18.
- For Current Ratio (X), as of Mar 25, the value is 12.19. This value exceeds the healthy maximum of 3. It has decreased from 12.37 (Mar 24) to 12.19, marking a decrease of 0.18.
- For Quick Ratio (X), as of Mar 25, the value is 12.19. This value exceeds the healthy maximum of 2. It has decreased from 12.37 (Mar 24) to 12.19, marking a decrease of 0.18.
- For Enterprise Value (Cr.), as of Mar 25, the value is 9.88. It has increased from 4.82 (Mar 24) to 9.88, marking an increase of 5.06.
- For EV / EBITDA (X), as of Mar 25, the value is 86.52. This value exceeds the healthy maximum of 15. It has increased from 55.05 (Mar 24) to 86.52, marking an increase of 31.47.
- For Price / BV (X), as of Mar 25, the value is 0.70. This value is below the healthy minimum of 1. It has increased from 0.35 (Mar 24) to 0.70, marking an increase of 0.35.
- For EarningsYield, as of Mar 25, the value is 0.01. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 24) which recorded 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
Unable to fetch valid data for stock valuation.Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Haria Exports Ltd:
- Net Profit Margin: 0%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 0.8% (Industry Average ROCE: 11.3%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 0.8% (Industry Average ROE: 15.68%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 0
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 12.19
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 66 (Industry average Stock P/E: 41.1)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 0%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Textiles - Readymade Apparels | 8, Subhash Road, Vile Parle (East), Mumbai Maharashtra 400057 | accounts@hariagroup.com www.hariaexports.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Bimal Haria | Managing Director |
| Mr. Rajesh Parmar | Director |
| Mrs. Nehaben Kothari | Director |
| Mr. Nitin Oza | Director |
| Mrs. Priti Yadav | Director |