Share Price and Basic Stock Data
Last Updated: July 30, 2025, 11:15 am
| PEG Ratio | -2.53 |
|---|
Quick Insight
Harish Textile Engineers Ltd currently trades at ₹59.6, reflecting a market capitalization of ₹19.9 crore and a notably high P/E ratio of 82.9, indicating that investors are pricing in significant future growth despite the company reporting no net profits. With a return on equity (ROE) of just 2.64% and a return on capital employed (ROCE) of 9.59%, the company's profitability metrics suggest inefficiencies that may concern potential investors. The operating profit margin (OPM) of 7.52% paired with a current ratio of 1.28x indicates a precarious financial position, especially with borrowings at ₹32 crore against reserves of only ₹6 crore. With promoter ownership at 48.15% and a public float of 51.81%, investor sentiment will be pivotal in driving future performance. Given these figures, investors should exercise caution, as the high valuation does not yet align with the company's profitability and operational efficiency, signaling potential volatility ahead.
Competitors of Harish Textile Engineers Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Lakshmi Engineering & Warehousing Ltd | 153 Cr. | 2,285 | 3,576/1,805 | 182 | 325 | 0.53 % | 5.64 % | 3.87 % | 100 |
| HLE Glascoat Ltd | 2,978 Cr. | 436 | 485/218 | 63.8 | 67.3 | 0.26 % | 12.2 % | 10.7 % | 2.00 |
| Harish Textile Engineers Ltd | 19.9 Cr. | 59.6 | 103/55.0 | 82.9 | 26.6 | 0.00 % | 9.59 % | 2.64 % | 10.0 |
| Disa India Ltd | 2,081 Cr. | 14,311 | 20,900/13,201 | 38.3 | 1,834 | 1.40 % | 28.9 % | 21.2 % | 10.0 |
| Cranex Ltd | 58.5 Cr. | 89.0 | 190/77.0 | 30.0 | 36.8 | 0.00 % | 10.3 % | 11.2 % | 10.0 |
| Industry Average | 11,207.46 Cr | 1,640.71 | 67.91 | 296.47 | 0.32% | 16.96% | 14.06% | 8.81 |
Quarterly Result
| Metric | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 29.48 | 29.69 | 30.09 | 26.61 | 30.05 | 28.38 | 32.52 | 34.33 | 35.82 | 30.76 | 35.30 | 33.26 | 32.71 |
| Expenses | 26.41 | 28.37 | 28.48 | 25.62 | 27.68 | 26.90 | 30.57 | 31.91 | 36.25 | 29.61 | 35.15 | 31.79 | 30.25 |
| Operating Profit | 3.07 | 1.32 | 1.61 | 0.99 | 2.37 | 1.48 | 1.95 | 2.42 | -0.43 | 1.15 | 0.15 | 1.47 | 2.46 |
| OPM % | 10.41% | 4.45% | 5.35% | 3.72% | 7.89% | 5.21% | 6.00% | 7.05% | -1.20% | 3.74% | 0.42% | 4.42% | 7.52% |
| Other Income | 0.02 | 0.16 | 0.23 | 0.02 | 0.86 | 0.29 | 0.11 | 0.06 | 1.03 | 0.11 | 0.13 | 0.23 | 0.10 |
| Interest | 1.91 | 1.27 | 1.25 | 1.44 | 1.31 | 1.25 | 1.16 | 1.77 | 1.28 | 0.71 | 1.22 | 1.06 | 0.97 |
| Depreciation | 0.60 | 0.64 | 0.57 | 0.53 | 0.47 | 0.50 | 0.52 | 0.44 | 0.41 | 0.41 | 0.42 | 0.43 | 0.42 |
| Profit before tax | 0.58 | -0.43 | 0.02 | -0.96 | 1.45 | 0.02 | 0.38 | 0.27 | -1.09 | 0.14 | -1.36 | 0.21 | 1.17 |
| Tax % | -18.97% | -16.28% | -100.00% | 1.04% | 15.17% | -100.00% | -31.58% | 92.59% | -19.27% | 35.71% | -28.68% | 290.48% | -30.77% |
| Net Profit | 0.69 | -0.35 | 0.05 | -0.96 | 1.23 | 0.04 | 0.50 | 0.02 | -0.89 | 0.08 | -0.97 | -0.39 | 1.52 |
| EPS in Rs | 2.07 | -1.05 | 0.15 | -2.88 | 3.69 | 0.12 | 1.50 | 0.06 | -2.67 | 0.24 | -2.91 | -1.17 | 4.56 |
Last Updated: July 15, 2025, 5:43 pm
Below is a detailed analysis of the quarterly data for Harish Textile Engineers Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Sales, as of Mar 2025, the value is 32.71 Cr.. The value appears to be declining and may need further review. It has decreased from 33.26 Cr. (Dec 2024) to 32.71 Cr., marking a decrease of 0.55 Cr..
- For Expenses, as of Mar 2025, the value is 30.25 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 31.79 Cr. (Dec 2024) to 30.25 Cr., marking a decrease of 1.54 Cr..
- For Operating Profit, as of Mar 2025, the value is 2.46 Cr.. The value appears strong and on an upward trend. It has increased from 1.47 Cr. (Dec 2024) to 2.46 Cr., marking an increase of 0.99 Cr..
- For OPM %, as of Mar 2025, the value is 7.52%. The value appears strong and on an upward trend. It has increased from 4.42% (Dec 2024) to 7.52%, marking an increase of 3.10%.
- For Other Income, as of Mar 2025, the value is 0.10 Cr.. The value appears to be declining and may need further review. It has decreased from 0.23 Cr. (Dec 2024) to 0.10 Cr., marking a decrease of 0.13 Cr..
- For Interest, as of Mar 2025, the value is 0.97 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 1.06 Cr. (Dec 2024) to 0.97 Cr., marking a decrease of 0.09 Cr..
- For Depreciation, as of Mar 2025, the value is 0.42 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.43 Cr. (Dec 2024) to 0.42 Cr., marking a decrease of 0.01 Cr..
- For Profit before tax, as of Mar 2025, the value is 1.17 Cr.. The value appears strong and on an upward trend. It has increased from 0.21 Cr. (Dec 2024) to 1.17 Cr., marking an increase of 0.96 Cr..
- For Tax %, as of Mar 2025, the value is -30.77%. The value appears to be improving (decreasing) as expected. It has decreased from 290.48% (Dec 2024) to -30.77%, marking a decrease of 321.25%.
- For Net Profit, as of Mar 2025, the value is 1.52 Cr.. The value appears strong and on an upward trend. It has increased from -0.39 Cr. (Dec 2024) to 1.52 Cr., marking an increase of 1.91 Cr..
- For EPS in Rs, as of Mar 2025, the value is 4.56. The value appears strong and on an upward trend. It has increased from -1.17 (Dec 2024) to 4.56, marking an increase of 5.73.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: July 19, 2025, 11:56 am
| Metric | Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 14 | 17 | 25 | 41 | 36 | 38 | 84 | 82 | 107 | 116 | 131 | 132 |
| Expenses | 13 | 16 | 24 | 38 | 35 | 36 | 83 | 78 | 99 | 110 | 126 | 127 |
| Operating Profit | 1 | 1 | 1 | 3 | 1 | 2 | 1 | 3 | 7 | 7 | 5 | 5 |
| OPM % | 6% | 7% | 2% | 7% | 4% | 5% | 1% | 4% | 7% | 6% | 4% | 4% |
| Other Income | 0 | 0 | 0 | 1 | 2 | 1 | 5 | 4 | 0 | 1 | 2 | 1 |
| Interest | 0 | 0 | 1 | 1 | 1 | 1 | 4 | 3 | 5 | 5 | 6 | 4 |
| Depreciation | 0 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 1 | 0 | -1 | 1 | 1 | 1 | -1 | 2 | 1 | 0 | -0 | 0 |
| Tax % | 32% | 56% | -12% | 31% | 30% | 29% | 38% | 1% | 27% | 140% | -22% | -50% |
| Net Profit | 0 | 0 | -1 | 1 | 1 | 1 | -1 | 2 | 0 | -0 | -0 | 0 |
| EPS in Rs | 41.00 | 1.60 | -13.20 | 16.40 | 2.42 | 2.85 | -2.19 | 5.25 | 1.44 | -0.09 | -0.84 | 0.72 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
YoY Net Profit Growth
| Year | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 |
|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 200.00% | 0.00% | 0.00% | -200.00% | 300.00% | -100.00% |
| Change in YoY Net Profit Growth (%) | 0.00% | -200.00% | 0.00% | -200.00% | 500.00% | -400.00% |
Harish Textile Engineers Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 6 years from 2016-2017 to 2021-2022.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 23% |
| 5 Years: | 10% |
| 3 Years: | 7% |
| TTM: | 1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 16% |
| 3 Years: | -22% |
| TTM: | 186% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 19% |
| 1 Year: | -4% |
| Return on Equity | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 5% |
| 3 Years: | -1% |
| Last Year: | 3% |
Last Updated: Unknown
Balance Sheet
Last Updated: July 25, 2025, 1:08 pm
| Month | Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.10 | 0.50 | 0.50 | 0.50 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Reserves | 1 | 1 | 0 | 1 | 5 | 5 | 4 | 6 | 6 | 6 | 6 | 6 |
| Borrowings | 1 | 3 | 9 | 9 | 9 | 12 | 26 | 28 | 41 | 40 | 36 | 32 |
| Other Liabilities | 6 | 11 | 9 | 26 | 31 | 24 | 39 | 30 | 29 | 28 | 32 | 36 |
| Total Liabilities | 7 | 15 | 19 | 36 | 46 | 44 | 73 | 68 | 79 | 77 | 78 | 76 |
| Fixed Assets | 3 | 5 | 5 | 7 | 14 | 17 | 26 | 24 | 28 | 26 | 28 | 28 |
| CWIP | 0 | 3 | 0 | 3 | 3 | 3 | 0 | 0 | 1 | 2 | 0 | 1 |
| Investments | 0 | 0 | 6 | 6 | 6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 4 | 7 | 7 | 20 | 23 | 24 | 47 | 44 | 50 | 49 | 50 | 47 |
| Total Assets | 7 | 15 | 19 | 36 | 46 | 44 | 73 | 68 | 79 | 77 | 78 | 76 |
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
| Month | Month | Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 0.00 | -2.00 | -8.00 | -6.00 | -8.00 | -10.00 | -25.00 | -25.00 | -34.00 | -33.00 | -31.00 | -27.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2012 | Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 38 | 44 | 8 | 13 | 52 | 40 | 36 | 78 | 80 | 71 | 57 | 62 |
| Inventory Days | 223 | 52 | 189 | 79 | 150 | 142 | 113 | 84 | 72 | 92 | 68 | |
| Days Payable | 161 | 86 | 211 | 124 | 319 | 265 | 177 | 136 | 111 | 102 | 87 | |
| Cash Conversion Cycle | 101 | 9 | -14 | -32 | 52 | -129 | -87 | 14 | 28 | 32 | 48 | 42 |
| Working Capital Days | -53 | -32 | -62 | -40 | -96 | -120 | -81 | 11 | 50 | 62 | 60 | 41 |
| ROCE % | 56% | 4% | 26% | 17% | 14% | 2% | 15% | 13% | 12% | 11% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 24 | Mar 23 | Mar 22 | Mar 21 | Mar 20 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | -0.85 | -0.10 | 1.45 | 5.26 | -2.00 |
| Diluted EPS (Rs.) | -0.85 | -0.10 | 1.45 | 5.26 | 2.00 |
| Cash EPS (Rs.) | 4.75 | 6.50 | 8.10 | 11.55 | 5.09 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 27.74 | 28.59 | 28.68 | 27.24 | 21.98 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 27.74 | 28.59 | 28.68 | 27.24 | 21.98 |
| Revenue From Operations / Share (Rs.) | 392.81 | 349.05 | 320.33 | 245.19 | 250.71 |
| PBDIT / Share (Rs.) | 20.89 | 22.69 | 23.31 | 21.93 | 14.92 |
| PBIT / Share (Rs.) | 15.29 | 16.09 | 16.65 | 15.64 | 7.65 |
| PBT / Share (Rs.) | -1.07 | 0.30 | 1.98 | 5.30 | -1.59 |
| Net Profit / Share (Rs.) | -0.84 | -0.09 | 1.45 | 5.26 | -2.18 |
| PBDIT Margin (%) | 5.31 | 6.49 | 7.27 | 8.94 | 5.95 |
| PBIT Margin (%) | 3.89 | 4.60 | 5.19 | 6.37 | 3.04 |
| PBT Margin (%) | -0.27 | 0.08 | 0.61 | 2.16 | -0.63 |
| Net Profit Margin (%) | -0.21 | -0.02 | 0.45 | 2.14 | -0.87 |
| Return on Networth / Equity (%) | -3.05 | -0.34 | 5.04 | 19.30 | -9.92 |
| Return on Capital Employeed (%) | 31.01 | 23.62 | 21.92 | 24.93 | 12.70 |
| Return On Assets (%) | -0.36 | -0.04 | 0.61 | 2.56 | -1.00 |
| Long Term Debt / Equity (X) | 0.63 | 1.22 | 1.49 | 1.15 | 1.55 |
| Total Debt / Equity (X) | 3.88 | 4.16 | 4.19 | 3.11 | 3.54 |
| Asset Turnover Ratio (%) | 1.69 | 1.49 | 1.45 | 1.16 | 1.43 |
| Current Ratio (X) | 0.75 | 0.84 | 0.88 | 0.87 | 0.84 |
| Quick Ratio (X) | 0.49 | 0.49 | 0.62 | 0.58 | 0.50 |
| Inventory Turnover Ratio (X) | 4.80 | 4.73 | 5.15 | 2.65 | 3.44 |
| Interest Coverage Ratio (X) | 1.28 | 1.44 | 1.59 | 2.12 | 1.62 |
| Interest Coverage Ratio (Post Tax) (X) | 0.94 | 0.99 | 1.10 | 1.51 | 0.76 |
| Enterprise Value (Cr.) | 52.63 | 50.17 | 55.48 | 39.68 | 33.26 |
| EV / Net Operating Revenue (X) | 0.40 | 0.43 | 0.51 | 0.48 | 0.39 |
| EV / EBITDA (X) | 7.55 | 6.63 | 7.13 | 5.42 | 6.68 |
| MarketCap / Net Operating Revenue (X) | 0.12 | 0.09 | 0.15 | 0.14 | 0.09 |
| Price / BV (X) | 1.83 | 1.12 | 1.78 | 1.32 | 1.09 |
| Price / Net Operating Revenue (X) | 0.12 | 0.09 | 0.15 | 0.14 | 0.09 |
| EarningsYield | -0.01 | 0.00 | 0.02 | 0.14 | -0.09 |
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 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 24, the value is -0.85. This value is below the healthy minimum of 5. It has decreased from -0.10 (Mar 23) to -0.85, marking a decrease of 0.75.
- For Diluted EPS (Rs.), as of Mar 24, the value is -0.85. This value is below the healthy minimum of 5. It has decreased from -0.10 (Mar 23) to -0.85, marking a decrease of 0.75.
- For Cash EPS (Rs.), as of Mar 24, the value is 4.75. This value is within the healthy range. It has decreased from 6.50 (Mar 23) to 4.75, marking a decrease of 1.75.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 27.74. It has decreased from 28.59 (Mar 23) to 27.74, marking a decrease of 0.85.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 27.74. It has decreased from 28.59 (Mar 23) to 27.74, marking a decrease of 0.85.
- For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 392.81. It has increased from 349.05 (Mar 23) to 392.81, marking an increase of 43.76.
- For PBDIT / Share (Rs.), as of Mar 24, the value is 20.89. This value is within the healthy range. It has decreased from 22.69 (Mar 23) to 20.89, marking a decrease of 1.80.
- For PBIT / Share (Rs.), as of Mar 24, the value is 15.29. This value is within the healthy range. It has decreased from 16.09 (Mar 23) to 15.29, marking a decrease of 0.80.
- For PBT / Share (Rs.), as of Mar 24, the value is -1.07. This value is below the healthy minimum of 0. It has decreased from 0.30 (Mar 23) to -1.07, marking a decrease of 1.37.
- For Net Profit / Share (Rs.), as of Mar 24, the value is -0.84. This value is below the healthy minimum of 2. It has decreased from -0.09 (Mar 23) to -0.84, marking a decrease of 0.75.
- For PBDIT Margin (%), as of Mar 24, the value is 5.31. This value is below the healthy minimum of 10. It has decreased from 6.49 (Mar 23) to 5.31, marking a decrease of 1.18.
- For PBIT Margin (%), as of Mar 24, the value is 3.89. This value is below the healthy minimum of 10. It has decreased from 4.60 (Mar 23) to 3.89, marking a decrease of 0.71.
- For PBT Margin (%), as of Mar 24, the value is -0.27. This value is below the healthy minimum of 10. It has decreased from 0.08 (Mar 23) to -0.27, marking a decrease of 0.35.
- For Net Profit Margin (%), as of Mar 24, the value is -0.21. This value is below the healthy minimum of 5. It has decreased from -0.02 (Mar 23) to -0.21, marking a decrease of 0.19.
- For Return on Networth / Equity (%), as of Mar 24, the value is -3.05. This value is below the healthy minimum of 15. It has decreased from -0.34 (Mar 23) to -3.05, marking a decrease of 2.71.
- For Return on Capital Employeed (%), as of Mar 24, the value is 31.01. This value is within the healthy range. It has increased from 23.62 (Mar 23) to 31.01, marking an increase of 7.39.
- For Return On Assets (%), as of Mar 24, the value is -0.36. This value is below the healthy minimum of 5. It has decreased from -0.04 (Mar 23) to -0.36, marking a decrease of 0.32.
- For Long Term Debt / Equity (X), as of Mar 24, the value is 0.63. This value is within the healthy range. It has decreased from 1.22 (Mar 23) to 0.63, marking a decrease of 0.59.
- For Total Debt / Equity (X), as of Mar 24, the value is 3.88. This value exceeds the healthy maximum of 1. It has decreased from 4.16 (Mar 23) to 3.88, marking a decrease of 0.28.
- For Asset Turnover Ratio (%), as of Mar 24, the value is 1.69. It has increased from 1.49 (Mar 23) to 1.69, marking an increase of 0.20.
- For Current Ratio (X), as of Mar 24, the value is 0.75. This value is below the healthy minimum of 1.5. It has decreased from 0.84 (Mar 23) to 0.75, marking a decrease of 0.09.
- For Quick Ratio (X), as of Mar 24, the value is 0.49. This value is below the healthy minimum of 1. There is no change compared to the previous period (Mar 23) which recorded 0.49.
- For Inventory Turnover Ratio (X), as of Mar 24, the value is 4.80. This value is within the healthy range. It has increased from 4.73 (Mar 23) to 4.80, marking an increase of 0.07.
- For Interest Coverage Ratio (X), as of Mar 24, the value is 1.28. This value is below the healthy minimum of 3. It has decreased from 1.44 (Mar 23) to 1.28, marking a decrease of 0.16.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 0.94. This value is below the healthy minimum of 3. It has decreased from 0.99 (Mar 23) to 0.94, marking a decrease of 0.05.
- For Enterprise Value (Cr.), as of Mar 24, the value is 52.63. It has increased from 50.17 (Mar 23) to 52.63, marking an increase of 2.46.
- For EV / Net Operating Revenue (X), as of Mar 24, the value is 0.40. This value is below the healthy minimum of 1. It has decreased from 0.43 (Mar 23) to 0.40, marking a decrease of 0.03.
- For EV / EBITDA (X), as of Mar 24, the value is 7.55. This value is within the healthy range. It has increased from 6.63 (Mar 23) to 7.55, marking an increase of 0.92.
- For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 0.12. This value is below the healthy minimum of 1. It has increased from 0.09 (Mar 23) to 0.12, marking an increase of 0.03.
- For Price / BV (X), as of Mar 24, the value is 1.83. This value is within the healthy range. It has increased from 1.12 (Mar 23) to 1.83, marking an increase of 0.71.
- For Price / Net Operating Revenue (X), as of Mar 24, the value is 0.12. This value is below the healthy minimum of 1. It has increased from 0.09 (Mar 23) to 0.12, marking an increase of 0.03.
- For EarningsYield, as of Mar 24, the value is -0.01. This value is below the healthy minimum of 5. It has decreased from 0.00 (Mar 23) to -0.01, marking a decrease of 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
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 Harish Textile Engineers Ltd:
- Net Profit Margin: -0.21%
- 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: 31.01% (Industry Average ROCE: 16.96%)
- 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%: -3.05% (Industry Average ROE: 14.06%)
- 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): 0.94
- 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: 0.49
- 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: 82.9 (Industry average Stock P/E: 67.91)
- 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: 3.88
- 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: -0.21%
About the Company - Qualitative Analysis
Harish Textile Engineers Ltd. is a Public Limited Listed company incorporated on 31/10/2010 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L29119MH2010PLC201521 and registration number is 201521. Currently Company is involved in the business activities of Finishing of textiles. Company's Total Operating Revenue is Rs. 132.03 Cr. and Equity Capital is Rs. 3.34 Cr. for the Year ended 31/03/2025.
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Engineering - Heavy | 2nd Floor, 19, Mumbai Maharashtra 400069 | investor@harishtextile.com http://www.harishtextile.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Sandeep Gandhi | Managing Director |
| Mr. Hitendra Desai | Whole Time Director |
| Mr. Ritesh Patel | Ind. Non-Executive Director |
| Ms. Sushmita Swarup Lunkad | Ind. Non-Executive Director |
| Mr. Nainesh Trivedi | Ind. Non-Executive Director |
FAQ
What is the intrinsic value of Harish Textile Engineers Ltd?
Harish Textile Engineers Ltd's intrinsic value (as of 31 July 2025) is 47.50 20.30% lower the current market price of 59.60, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 19.9 Cr. market cap, FY2025-2026 high/low of 103/55.0, reserves of 6 Cr, and liabilities of 76 Cr.
What is the Market Cap of Harish Textile Engineers Ltd?
The Market Cap of Harish Textile Engineers Ltd is 19.9 Cr..
What is the current Stock Price of Harish Textile Engineers Ltd as on 31 July 2025?
The current stock price of Harish Textile Engineers Ltd as on 31 July 2025 is 59.6.
What is the High / Low of Harish Textile Engineers Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Harish Textile Engineers Ltd stocks is ₹103/55.0.
What is the Stock P/E of Harish Textile Engineers Ltd?
The Stock P/E of Harish Textile Engineers Ltd is 82.9.
What is the Book Value of Harish Textile Engineers Ltd?
The Book Value of Harish Textile Engineers Ltd is 26.6.
What is the Dividend Yield of Harish Textile Engineers Ltd?
The Dividend Yield of Harish Textile Engineers Ltd is 0.00 %.
What is the ROCE of Harish Textile Engineers Ltd?
The ROCE of Harish Textile Engineers Ltd is 9.59 %.
What is the ROE of Harish Textile Engineers Ltd?
The ROE of Harish Textile Engineers Ltd is 2.64 %.
What is the Face Value of Harish Textile Engineers Ltd?
The Face Value of Harish Textile Engineers Ltd is 10.0.