Harish Textile Engineers Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: September 16, 2025, 2:50 am

Quick Insight

Harish Textile Engineers Ltd, a heavy engineering company, currently trades at ₹54.6 with a market capitalization of ₹18.2 Cr and a P/E ratio of 13.8. The company's Return on Equity (ROE) stands at a modest 2.64%, while Return on Capital Employed (ROCE) is at 9.59%. With an Operating Profit Margin (OPM) of 8.47% and Price-to-Book Value (P/BV) ratio of 2.67x, Harish Textile Engineers shows signs of stability but limited profitability potential. The firm's high debt level, with borrowings at ₹32 Cr against reserves of ₹6 Cr, raises concerns about its financial health, as reflected in the Interest Coverage Ratio (ICR) of 1.46x, indicating a relatively high debt servicing burden.

Despite the company's low valuation multiples and reasonable ownership distribution, including a significant promoter stake of 48.15%, the lack of net profit and low institutional investor participation pose challenges for potential growth. In a sector known for capital-intensive operations and cyclical demand patterns, Harish Textile Engineers may face hurdles in achieving sustainable profitability and operational efficiency. Looking ahead, the company's outlook could improve with a strategic focus on debt reduction, operational efficiency enhancements, and diversification into higher-margin product lines to drive profitability and shareholder value in the long term. Indian investors should closely monitor the company's financial leverage and profitability metrics to gauge its resilience amid industry headwinds and economic uncertainties.

Competitors of Harish Textile Engineers Ltd

All Competitor Stocks of Harish Textile Engineers Ltd

Quarterly Result

Last Updated: August 19, 2025, 2:05 pm

Below is a detailed analysis of the quarterly data for Harish Textile Engineers 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 31.76 Cr.. The value appears to be declining and may need further review. It has decreased from 32.71 Cr. (Mar 2025) to 31.76 Cr., marking a decrease of 0.95 Cr..
• For Expenses, as of Jun 2025, the value is 29.07 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 30.25 Cr. (Mar 2025) to 29.07 Cr., marking a decrease of 1.18 Cr..
• For Operating Profit, as of Jun 2025, the value is 2.69 Cr.. The value appears strong and on an upward trend. It has increased from 2.46 Cr. (Mar 2025) to 2.69 Cr., marking an increase of 0.23 Cr..
• For OPM %, as of Jun 2025, the value is 8.47%. The value appears strong and on an upward trend. It has increased from 7.52% (Mar 2025) to 8.47%, marking an increase of 0.95%.
• For Other Income, as of Jun 2025, the value is 0.10 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.10 Cr..
• For Interest, as of Jun 2025, the value is 0.85 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.97 Cr. (Mar 2025) to 0.85 Cr., marking a decrease of 0.12 Cr..
• For Depreciation, as of Jun 2025, the value is 0.43 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.42 Cr. (Mar 2025) to 0.43 Cr., marking an increase of 0.01 Cr..
• For Profit before tax, as of Jun 2025, the value is 1.51 Cr.. The value appears strong and on an upward trend. It has increased from 1.17 Cr. (Mar 2025) to 1.51 Cr., marking an increase of 0.34 Cr..
• For Tax %, as of Jun 2025, the value is 22.52%. The value appears to be increasing, which may not be favorable. It has increased from -30.77% (Mar 2025) to 22.52%, marking an increase of 53.29%.
• For Net Profit, as of Jun 2025, the value is 1.16 Cr.. The value appears to be declining and may need further review. It has decreased from 1.52 Cr. (Mar 2025) to 1.16 Cr., marking a decrease of 0.36 Cr..
• For EPS in Rs, as of Jun 2025, the value is 3.48. The value appears to be declining and may need further review. It has decreased from 4.56 (Mar 2025) to 3.48, marking a decrease of 1.08.

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

Balance Sheet

Last Updated: July 25, 2025, 1:08 pm

Below is a detailed analysis of the balance sheet data for Harish Textile Engineers Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

• For Equity Capital, as of Mar 2025, the value is 3.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 3.00 Cr..
• For Reserves, as of Mar 2025, the value is 6.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 6.00 Cr..
• For Borrowings, as of Mar 2025, the value is 32.00 Cr.. The value appears to be improving (decreasing). However, Borrowings exceed Reserves, which may signal higher financial risk. It has decreased from 36.00 Cr. (Mar 2024) to 32.00 Cr., marking a decrease of 4.00 Cr..
• For Other Liabilities, as of Mar 2025, the value is 36.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 32.00 Cr. (Mar 2024) to 36.00 Cr., marking an increase of 4.00 Cr..
• For Total Liabilities, as of Mar 2025, the value is 76.00 Cr.. The value appears to be improving (decreasing). It has decreased from 78.00 Cr. (Mar 2024) to 76.00 Cr., marking a decrease of 2.00 Cr..
• For Fixed Assets, as of Mar 2025, the value is 28.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 28.00 Cr..
• For CWIP, as of Mar 2025, the value is 1.00 Cr.. The value appears strong and on an upward trend. It has increased from 0.00 Cr. (Mar 2024) to 1.00 Cr., marking an increase of 1.00 Cr..
• For Investments, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
• For Other Assets, as of Mar 2025, the value is 47.00 Cr.. The value appears to be declining and may need further review. It has decreased from 50.00 Cr. (Mar 2024) to 47.00 Cr., marking a decrease of 3.00 Cr..
• For Total Assets, as of Mar 2025, the value is 76.00 Cr.. The value appears to be declining and may need further review. It has decreased from 78.00 Cr. (Mar 2024) to 76.00 Cr., marking a decrease of 2.00 Cr..

However, the Borrowings (32.00 Cr.) are higher than the Reserves (6.00 Cr.), which may signal higher financial risk.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Cash Flow

Free Cash Flow

Share Holding Pattern

Key Financial Ratios

After reviewing the key financial ratios for Harish Textile Engineers 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 0.56. This value is below the healthy minimum of 5. It has increased from -0.85 (Mar 24) to 0.56, marking an increase of 1.41.
• For Diluted EPS (Rs.), as of Mar 25, the value is 0.56. This value is below the healthy minimum of 5. It has increased from -0.85 (Mar 24) to 0.56, marking an increase of 1.41.
• For Cash EPS (Rs.), as of Mar 25, the value is 5.74. This value is within the healthy range. It has increased from 4.75 (Mar 24) to 5.74, marking an increase of 0.99.
• For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 26.65. It has decreased from 27.74 (Mar 24) to 26.65, marking a decrease of 1.09.
• For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 26.65. It has decreased from 27.74 (Mar 24) to 26.65, marking a decrease of 1.09.
• For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 395.76. It has increased from 392.81 (Mar 24) to 395.76, marking an increase of 2.95.
• For PBDIT / Share (Rs.), as of Mar 25, the value is 17.36. This value is within the healthy range. It has decreased from 20.89 (Mar 24) to 17.36, marking a decrease of 3.53.
• For PBIT / Share (Rs.), as of Mar 25, the value is 12.33. This value is within the healthy range. It has decreased from 15.29 (Mar 24) to 12.33, marking a decrease of 2.96.
• For PBT / Share (Rs.), as of Mar 25, the value is 0.46. This value is within the healthy range. It has increased from -1.07 (Mar 24) to 0.46, marking an increase of 1.53.
• For Net Profit / Share (Rs.), as of Mar 25, the value is 0.70. This value is below the healthy minimum of 2. It has increased from -0.84 (Mar 24) to 0.70, marking an increase of 1.54.
• For PBDIT Margin (%), as of Mar 25, the value is 4.38. This value is below the healthy minimum of 10. It has decreased from 5.31 (Mar 24) to 4.38, marking a decrease of 0.93.
• For PBIT Margin (%), as of Mar 25, the value is 3.11. This value is below the healthy minimum of 10. It has decreased from 3.89 (Mar 24) to 3.11, marking a decrease of 0.78.
• For PBT Margin (%), as of Mar 25, the value is 0.11. This value is below the healthy minimum of 10. It has increased from -0.27 (Mar 24) to 0.11, marking an increase of 0.38.
• For Net Profit Margin (%), as of Mar 25, the value is 0.17. This value is below the healthy minimum of 5. It has increased from -0.21 (Mar 24) to 0.17, marking an increase of 0.38.
• For Return on Networth / Equity (%), as of Mar 25, the value is 2.64. This value is below the healthy minimum of 15. It has increased from -3.05 (Mar 24) to 2.64, marking an increase of 5.69.
• For Return on Capital Employeed (%), as of Mar 25, the value is 35.62. This value is within the healthy range. It has increased from 31.01 (Mar 24) to 35.62, marking an increase of 4.61.
• For Return On Assets (%), as of Mar 25, the value is 0.30. This value is below the healthy minimum of 5. It has increased from -0.36 (Mar 24) to 0.30, marking an increase of 0.66.
• For Long Term Debt / Equity (X), as of Mar 25, the value is 0.13. This value is below the healthy minimum of 0.2. It has decreased from 0.63 (Mar 24) to 0.13, marking a decrease of 0.50.
• For Total Debt / Equity (X), as of Mar 25, the value is 3.55. This value exceeds the healthy maximum of 1. It has decreased from 3.88 (Mar 24) to 3.55, marking a decrease of 0.33.
• For Asset Turnover Ratio (%), as of Mar 25, the value is 1.72. It has increased from 1.69 (Mar 24) to 1.72, marking an increase of 0.03.
• For Current Ratio (X), as of Mar 25, the value is 0.66. This value is below the healthy minimum of 1.5. It has decreased from 0.75 (Mar 24) to 0.66, marking a decrease of 0.09.
• For Quick Ratio (X), as of Mar 25, the value is 0.46. This value is below the healthy minimum of 1. It has decreased from 0.49 (Mar 24) to 0.46, marking a decrease of 0.03.
• For Inventory Turnover Ratio (X), as of Mar 25, the value is 5.60. This value is within the healthy range. It has increased from 4.80 (Mar 24) to 5.60, marking an increase of 0.80.
• For Interest Coverage Ratio (X), as of Mar 25, the value is 1.46. This value is below the healthy minimum of 3. It has increased from 1.28 (Mar 24) to 1.46, marking an increase of 0.18.
• For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 1.06. This value is below the healthy minimum of 3. It has increased from 0.94 (Mar 24) to 1.06, marking an increase of 0.12.
• For Enterprise Value (Cr.), as of Mar 25, the value is 55.19. It has increased from 52.63 (Mar 24) to 55.19, marking an increase of 2.56.
• For EV / Net Operating Revenue (X), as of Mar 25, the value is 0.41. This value is below the healthy minimum of 1. It has increased from 0.40 (Mar 24) to 0.41, marking an increase of 0.01.
• For EV / EBITDA (X), as of Mar 25, the value is 9.53. This value is within the healthy range. It has increased from 7.55 (Mar 24) to 9.53, marking an increase of 1.98.
• For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 0.17. This value is below the healthy minimum of 1. It has increased from 0.12 (Mar 24) to 0.17, marking an increase of 0.05.
• For Price / BV (X), as of Mar 25, the value is 2.67. This value is within the healthy range. It has increased from 1.83 (Mar 24) to 2.67, marking an increase of 0.84.
• For Price / Net Operating Revenue (X), as of Mar 25, the value is 0.17. This value is below the healthy minimum of 1. It has increased from 0.12 (Mar 24) to 0.17, marking an increase of 0.05.
• For EarningsYield, as of Mar 25, the value is 0.01. This value is below the healthy minimum of 5. It has increased from -0.01 (Mar 24) to 0.01, marking an increase of 0.02.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Fair Value

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Strength and Weakness