Harish Textile Engineers Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: August 22, 2025, 11:34 pm

Market Cap	19.8 Cr.
Current Price	59.4
High / Low	103/53.3
Stock P/E	15.0
Book Value	26.6
Dividend Yield	0.00 %
ROCE	9.59 %
ROE	2.64 %
Face Value	10.0
PEG Ratio	-0.46

Quick Insight

Harish Textile Engineers Ltd, currently priced at 57.6 with a market cap of 19.2 Cr., reflects a high P/E ratio of 80.1, suggesting its stock is trading at a premium. Despite a low ROE of 2.64% and ROCE of 9.59%, the company maintains a healthy OPM of 7.52%. With zero net profit, the firm's financial structure reveals a concerning reliance on borrowings amounting to ₹32 Cr., impacting its ICR at 1.28x. The company's moderate P/BV ratio of 1.83x and CCC of 42 days indicate a stable asset base and efficient working capital management. Shareholder distribution with a significant promoter holding at 48.15% warrants caution for minority investors. In conclusion, investors should closely monitor the company's profitability and leverage levels to assess its long-term sustainability.

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Harish Textile Engineers Ltd

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	160 Cr.	2,393	3,576/1,805	200	325	0.42 %	5.64 %	3.87 %	100
HLE Glascoat Ltd	3,575 Cr.	523	548/218	63.5	67.3	0.21 %	12.2 %	10.7 %	2.00
Harish Textile Engineers Ltd	19.8 Cr.	59.4	103/53.3	15.0	26.6	0.00 %	9.59 %	2.64 %	10.0
Disa India Ltd	1,990 Cr.	13,681	19,245/13,100	38.2	1,834	1.46 %	28.9 %	21.2 %	10.0
Cranex Ltd	51.4 Cr.	78.2	190/75.0	25.8	36.8	0.00 %	10.3 %	11.2 %	10.0
Industry Average	10,557.61 Cr	1,537.43		53.89	298.70	0.33%	16.42%	13.70%	8.81

All Competitor Stocks of Harish Textile Engineers Ltd

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	29.69	30.09	26.61	30.05	28.38	32.52	34.33	35.82	30.76	35.30	33.26	32.71	31.76
Expenses	28.37	28.48	25.62	27.68	26.90	30.57	31.91	36.25	29.61	35.15	31.79	30.25	29.07
Operating Profit	1.32	1.61	0.99	2.37	1.48	1.95	2.42	-0.43	1.15	0.15	1.47	2.46	2.69
OPM %	4.45%	5.35%	3.72%	7.89%	5.21%	6.00%	7.05%	-1.20%	3.74%	0.42%	4.42%	7.52%	8.47%
Other Income	0.16	0.23	0.02	0.86	0.29	0.11	0.06	1.03	0.11	0.13	0.23	0.10	0.10
Interest	1.27	1.25	1.44	1.31	1.25	1.16	1.77	1.28	0.71	1.22	1.06	0.97	0.85
Depreciation	0.64	0.57	0.53	0.47	0.50	0.52	0.44	0.41	0.41	0.42	0.43	0.42	0.43
Profit before tax	-0.43	0.02	-0.96	1.45	0.02	0.38	0.27	-1.09	0.14	-1.36	0.21	1.17	1.51
Tax %	-16.28%	-100.00%	1.04%	15.17%	-100.00%	-31.58%	92.59%	-19.27%	35.71%	-28.68%	290.48%	-30.77%	22.52%
Net Profit	-0.35	0.05	-0.96	1.23	0.04	0.50	0.02	-0.89	0.08	-0.97	-0.39	1.52	1.16
EPS in Rs	-1.05	0.15	-2.88	3.69	0.12	1.50	0.06	-2.67	0.24	-2.91	-1.17	4.56	3.48

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.

Quarterly Chart

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%

Profit & Loss Yearly Chart

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:	0%

Compounded Profit Growth
10 Years:	8%
5 Years:	16%
3 Years:	-22%
TTM:	555%

Stock Price CAGR
10 Years:	%
5 Years:	13%
3 Years:	16%
1 Year:	-13%

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.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	2	-4	-7	1	1	6	11	11
Cash from Investing Activity +	-3	2	-3	-0	-7	-2	-1	-2
Cash from Financing Activity +	-0	2	10	-1	7	-6	-9	-8
Net Cash Flow	-0	0	-0	0	1	-2	0	-0

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.

Free Cash Flow Chart

Financial Efficiency Indicators

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
Debtor Days	44	8	13	52	40	36	78	80	71	57	62	73
Inventory Days	52	189	79		150	142	113	84	72	92	68	58
Days Payable	86	211	124		319	265	177	136	111	102	87	99
Cash Conversion Cycle	9	-14	-32	52	-129	-87	14	28	32	48	42	32
Working Capital Days	-36	-67	-56	-107	-192	-139	-39	-30	-26	-28	-43	-59
ROCE %	56%		4%	26%	17%	14%	2%	15%	13%	12%	11%	10%

Financial Efficiency Indicators Chart

No valid data available for the Shareholding

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund.

ROCE / ROE Trend

EPS Trend

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.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Harish Textile Engineers Ltd as of August 23, 2025 is: 8.60

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of August 23, 2025, Harish Textile Engineers Ltd is Overvalued by 85.52% compared to the current share price 59.40

Default values used*: Default value of 15 for Stock P/E is used

Intrinsic Value of Harish Textile Engineers Ltd as of August 23, 2025 is: 5.78

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of August 23, 2025, Harish Textile Engineers Ltd is Overvalued by 90.27% compared to the current share price 59.40

Default values used*: Default value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: -32.79%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a low average Working Capital Days of -68.50, which is a positive sign. The stock has a low average Cash Conversion Cycle of -0.42, which is a positive sign. The company has shown consistent growth in sales (68.58 cr) and profit (0.42 cr) over the years.	The stock has a low average ROCE of 15.00%, which may not be favorable. The company has higher borrowings (20.50) compared to reserves (3.92), which may suggest financial risk.

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:
1. 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.
2. ROCE: 31.01% (Industry Average ROCE: 16.42%)
  - 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.
3. ROE%: -3.05% (Industry Average ROE: 13.7%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. 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.
5. 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.
6. Stock P/E: 15 (Industry average Stock P/E: 53.89)
  - 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.
7. 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.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

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 22 August 2025) is ₹8.60 which is 85.52% lower the current market price of ₹59.40, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹19.8 Cr. market cap, FY2025-2026 high/low of 103/53.3, 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 19.8 Cr..

What is the current Stock Price of Harish Textile Engineers Ltd as on 22 August 2025?

The current stock price of Harish Textile Engineers Ltd as on 22 August 2025 is 59.4.

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 103/53.3.

What is the Stock P/E of Harish Textile Engineers Ltd?

The Stock P/E of Harish Textile Engineers Ltd is 15.0.

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.