Share Price and Basic Stock Data
Last Updated: January 8, 2026, 8:26 pm
| PEG Ratio | -1.47 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Harsha Engineers International Ltd operates within the domestic appliances industry, focusing on precision engineering solutions. The company’s revenue trajectory has shown notable growth, with sales rising from ₹95 Cr in March 2017 to ₹1,025 Cr in March 2023, and further increasing to ₹1,089 Cr in March 2025. The trailing twelve months (TTM) revenue reached ₹1,109 Cr, demonstrating a consistent upward trend. Quarterly sales figures reflect this growth, with sales of ₹268 Cr recorded in September 2023 and a projected increase to ₹291 Cr by March 2025. However, expenses have also escalated, from ₹101 Cr in March 2017 to ₹919 Cr in March 2025, indicating the need for effective cost management alongside revenue growth. The company’s operating profit margin (OPM) stood at 16% in March 2025, a slight decline compared to previous years, underlining the importance of maintaining efficiency as revenue scales.
Profitability and Efficiency Metrics
Profitability metrics for Harsha Engineers International Ltd reveal a varied performance over the years. The net profit increased from a loss of ₹1 Cr in March 2017 to ₹128 Cr in March 2023, before declining to ₹35 Cr in March 2025. The company reported a net profit margin of 6.34% in March 2025, which is lower than the industry average, suggesting that further improvements in operational efficiency are necessary. The interest coverage ratio (ICR) of 24.25x indicates strong capacity to meet interest obligations, reflecting a sound financial structure. Additionally, the return on equity (ROE) was reported at 6.11%, while the return on capital employed (ROCE) stood at 13.5%, showing that while profitability has improved, it remains below optimal levels compared to sector benchmarks. The cash conversion cycle of 182 days suggests that the company could enhance its working capital efficiency to bolster overall profitability.
Balance Sheet Strength and Financial Ratios
Harsha Engineers International Ltd’s balance sheet exhibits a strong capital structure, with total borrowings recorded at a mere ₹20 Cr against total reserves of ₹1,244 Cr as of September 2025. This results in a debt-to-equity ratio of 0.15, signifying low leverage and financial risk. The current ratio of 3.21x and quick ratio of 2.15x illustrate robust liquidity positions, enabling the company to cover short-term liabilities comfortably. Additionally, the company’s book value per share has increased significantly to ₹137.76 in March 2025, up from ₹67.56 in March 2022, indicating enhanced shareholder value. However, the return on assets (ROA) of 5.28% is relatively low, suggesting that asset utilization could be optimized further. The price-to-book value (P/BV) ratio of 2.71x indicates that the stock is trading at a premium, which can be justified if the company maintains its growth trajectory and improves profitability.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Harsha Engineers International Ltd reveals a solid foundation of promoter confidence, with promoters holding 75.00% of the shares as of September 2025. This substantial ownership indicates a strong alignment of interests between management and shareholders. Foreign institutional investors (FIIs) have decreased their stake to 0.39%, while domestic institutional investors (DIIs) have a more significant presence at 12.48%, reflecting local confidence in the company’s prospects. The number of shareholders has also declined to 74,886, suggesting a consolidation of ownership among committed investors. The dividend payout ratio has increased to 10.20% in March 2025, indicating a willingness to return value to shareholders, although this remains low compared to the industry standards. This pattern underscores the potential for attracting new investors if the company enhances its profitability and operational efficiency.
Outlook, Risks, and Final Insight
Looking ahead, Harsha Engineers International Ltd faces both opportunities and challenges. The company’s strong capital base and low debt levels position it well for potential expansion or strategic investments. However, the declining net profit and operating profit margins raise concerns about sustaining profitability amidst rising expenses. Additionally, the increasing competition in the domestic appliances sector could pressure market share and pricing strategies. Risks associated with supply chain disruptions and fluctuations in raw material costs could further impact margins. To mitigate these risks, the company must focus on improving operational efficiencies and leveraging its established market position. Overall, while the financial fundamentals are strong, the company must navigate these challenges effectively to ensure continued growth and enhance shareholder value.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| MPL Plastics Ltd | 9.82 Cr. | 7.85 | 13.9/7.25 | 3.04 | 0.00 % | 4,800 % | % | 10.0 | |
| Hawkins Cookers Ltd | 4,185 Cr. | 7,911 | 9,900/7,100 | 36.9 | 704 | 1.64 % | 40.9 % | 32.0 % | 10.0 |
| Harsha Engineers International Ltd | 3,502 Cr. | 385 | 495/330 | 26.6 | 147 | 0.26 % | 13.5 % | 6.11 % | 10.0 |
| Gorani Industries Ltd | 31.2 Cr. | 58.3 | 126/54.2 | 26.7 | 25.5 | 0.00 % | 9.70 % | 6.68 % | 10.0 |
| Eureka Forbes Ltd | 11,306 Cr. | 584 | 668/452 | 61.4 | 232 | 0.00 % | 5.04 % | 3.69 % | 10.0 |
| Industry Average | 8,963.42 Cr | 1,386.15 | 50.19 | 210.98 | 0.45% | 357.66% | 11.88% | 6.57 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 242 | 226 | 248 | 256 | 268 | 259 | 298 | 258 | 272 | 268 | 291 | 271 | 279 |
| Expenses | 197 | 189 | 197 | 215 | 228 | 221 | 246 | 206 | 231 | 226 | 256 | 218 | 228 |
| Operating Profit | 45 | 37 | 50 | 41 | 40 | 38 | 51 | 52 | 41 | 42 | 35 | 54 | 50 |
| OPM % | 19% | 16% | 20% | 16% | 15% | 15% | 17% | 20% | 15% | 16% | 12% | 20% | 18% |
| Other Income | 5 | 13 | 6 | 6 | 7 | 11 | 7 | 8 | 11 | 8 | -85 | 12 | 10 |
| Interest | 5 | 1 | 1 | 2 | 1 | 2 | 2 | 2 | 1 | 1 | 0 | 1 | 1 |
| Depreciation | 6 | 6 | 6 | 6 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 8 |
| Profit before tax | 40 | 43 | 49 | 39 | 39 | 40 | 50 | 52 | 44 | 42 | -58 | 58 | 52 |
| Tax % | 25% | 26% | 25% | 23% | 24% | 25% | 25% | 25% | 26% | 25% | 16% | 25% | 26% |
| Net Profit | 30 | 32 | 37 | 30 | 30 | 30 | 38 | 39 | 33 | 31 | -67 | 43 | 39 |
| EPS in Rs | 3.26 | 3.47 | 4.04 | 3.27 | 3.25 | 3.29 | 4.13 | 4.24 | 3.60 | 3.40 | -7.35 | 4.71 | 4.29 |
Last Updated: January 7, 2026, 1:06 am
Below is a detailed analysis of the quarterly data for Harsha Engineers International Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 279.00 Cr.. The value appears strong and on an upward trend. It has increased from 271.00 Cr. (Jun 2025) to 279.00 Cr., marking an increase of 8.00 Cr..
- For Expenses, as of Sep 2025, the value is 228.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 218.00 Cr. (Jun 2025) to 228.00 Cr., marking an increase of 10.00 Cr..
- For Operating Profit, as of Sep 2025, the value is 50.00 Cr.. The value appears to be declining and may need further review. It has decreased from 54.00 Cr. (Jun 2025) to 50.00 Cr., marking a decrease of 4.00 Cr..
- For OPM %, as of Sep 2025, the value is 18.00%. The value appears to be declining and may need further review. It has decreased from 20.00% (Jun 2025) to 18.00%, marking a decrease of 2.00%.
- For Other Income, as of Sep 2025, the value is 10.00 Cr.. The value appears to be declining and may need further review. It has decreased from 12.00 Cr. (Jun 2025) to 10.00 Cr., marking a decrease of 2.00 Cr..
- For Interest, as of Sep 2025, the value is 1.00 Cr.. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 1.00 Cr..
- For Depreciation, as of Sep 2025, the value is 8.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 7.00 Cr. (Jun 2025) to 8.00 Cr., marking an increase of 1.00 Cr..
- For Profit before tax, as of Sep 2025, the value is 52.00 Cr.. The value appears to be declining and may need further review. It has decreased from 58.00 Cr. (Jun 2025) to 52.00 Cr., marking a decrease of 6.00 Cr..
- For Tax %, as of Sep 2025, the value is 26.00%. The value appears to be increasing, which may not be favorable. It has increased from 25.00% (Jun 2025) to 26.00%, marking an increase of 1.00%.
- For Net Profit, as of Sep 2025, the value is 39.00 Cr.. The value appears to be declining and may need further review. It has decreased from 43.00 Cr. (Jun 2025) to 39.00 Cr., marking a decrease of 4.00 Cr..
- For EPS in Rs, as of Sep 2025, the value is 4.29. The value appears to be declining and may need further review. It has decreased from 4.71 (Jun 2025) to 4.29, marking a decrease of 0.42.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 3:35 am
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 95 | 444 | 122 | 601 | 582 | 956 | 1,025 | 1,081 | 1,089 | 1,109 |
| Expenses | 101 | 436 | 136 | 536 | 491 | 790 | 848 | 911 | 919 | 929 |
| Operating Profit | -6 | 8 | -15 | 64 | 92 | 166 | 176 | 170 | 170 | 180 |
| OPM % | -6% | 2% | -12% | 11% | 16% | 17% | 17% | 16% | 16% | 16% |
| Other Income | 8 | 7 | 1 | 16 | 4 | 18 | 31 | 30 | -57 | -54 |
| Interest | 2 | 8 | 11 | 30 | 27 | 21 | 12 | 6 | 4 | 3 |
| Depreciation | 0 | 0 | 0 | 20 | 17 | 20 | 23 | 27 | 29 | 29 |
| Profit before tax | -1 | 7 | -25 | 30 | 51 | 143 | 172 | 168 | 80 | 94 |
| Tax % | -2% | -0% | -30% | 33% | 26% | 26% | 25% | 24% | 56% | |
| Net Profit | -1 | 7 | -17 | 20 | 38 | 106 | 128 | 127 | 35 | 46 |
| EPS in Rs | -0.46 | 3.28 | -8.62 | 4.02 | 7.60 | 13.73 | 14.10 | 13.94 | 3.88 | 5.05 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | 7% | 7% | 26% |
YoY Net Profit Growth
| Year | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 800.00% | -342.86% | 217.65% | 90.00% | 178.95% | 20.75% | -0.78% | -72.44% |
| Change in YoY Net Profit Growth (%) | 0.00% | -1142.86% | 560.50% | -127.65% | 88.95% | -158.19% | -21.54% | -71.66% |
Harsha Engineers International Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 8 years from 2017-2018 to 2024-2025.
No data available for the compounded sales growth chart.
Balance Sheet
Last Updated: December 4, 2025, 3:01 am
| Month | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 20 | 20 | 20 | 50 | 50 | 77 | 91 | 91 | 91 | 91 |
| Reserves | 2 | 9 | -8 | 367 | 411 | 491 | 1,033 | 1,154 | 1,178 | 1,244 |
| Borrowings | 27 | 167 | 122 | 319 | 252 | 290 | 90 | 102 | 24 | 20 |
| Other Liabilities | 37 | 255 | 83 | 170 | 169 | 204 | 141 | 181 | 192 | 190 |
| Total Liabilities | 86 | 451 | 216 | 907 | 881 | 1,062 | 1,355 | 1,529 | 1,486 | 1,545 |
| Fixed Assets | 0 | 1 | 1 | 179 | 181 | 204 | 239 | 251 | 264 | 289 |
| CWIP | 0 | 0 | 0 | 2 | 3 | 2 | 11 | 7 | 32 | 0 |
| Investments | 12 | 9 | 7 | 185 | 188 | 211 | 399 | 515 | 541 | 609 |
| Other Assets | 74 | 441 | 209 | 541 | 509 | 645 | 706 | 757 | 650 | 647 |
| Total Assets | 86 | 451 | 216 | 907 | 881 | 1,062 | 1,355 | 1,529 | 1,486 | 1,545 |
Below is a detailed analysis of the balance sheet data for Harsha Engineers International Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 91.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 91.00 Cr..
- For Reserves, as of Sep 2025, the value is 1,244.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,178.00 Cr. (Mar 2025) to 1,244.00 Cr., marking an increase of 66.00 Cr..
- For Borrowings, as of Sep 2025, the value is 20.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 24.00 Cr. (Mar 2025) to 20.00 Cr., marking a decrease of 4.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 190.00 Cr.. The value appears to be improving (decreasing). It has decreased from 192.00 Cr. (Mar 2025) to 190.00 Cr., marking a decrease of 2.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 1,545.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,486.00 Cr. (Mar 2025) to 1,545.00 Cr., marking an increase of 59.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 289.00 Cr.. The value appears strong and on an upward trend. It has increased from 264.00 Cr. (Mar 2025) to 289.00 Cr., marking an increase of 25.00 Cr..
- For CWIP, as of Sep 2025, the value is 0.00 Cr.. The value appears to be declining and may need further review. It has decreased from 32.00 Cr. (Mar 2025) to 0.00 Cr., marking a decrease of 32.00 Cr..
- For Investments, as of Sep 2025, the value is 609.00 Cr.. The value appears strong and on an upward trend. It has increased from 541.00 Cr. (Mar 2025) to 609.00 Cr., marking an increase of 68.00 Cr..
- For Other Assets, as of Sep 2025, the value is 647.00 Cr.. The value appears to be declining and may need further review. It has decreased from 650.00 Cr. (Mar 2025) to 647.00 Cr., marking a decrease of 3.00 Cr..
- For Total Assets, as of Sep 2025, the value is 1,545.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,486.00 Cr. (Mar 2025) to 1,545.00 Cr., marking an increase of 59.00 Cr..
Notably, the Reserves (1,244.00 Cr.) exceed the Borrowings (20.00 Cr.), indicating a solid financial buffer.
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 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -33.00 | -159.00 | -137.00 | -255.00 | -160.00 | -124.00 | 86.00 | 68.00 | 146.00 |
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 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 215 | 257 | 427 | 120 | 103 | 82 | 78 | 91 | 81 |
| Inventory Days | 8 | 32 | 41 | 200 | 263 | 209 | 197 | 180 | 178 |
| Days Payable | 180 | 236 | 249 | 106 | 126 | 101 | 50 | 66 | 77 |
| Cash Conversion Cycle | 43 | 53 | 219 | 213 | 240 | 189 | 225 | 204 | 182 |
| Working Capital Days | 111 | 122 | 78 | 180 | 82 | 89 | 122 | 126 | 123 |
| ROCE % | 12% | -8% | 14% | 11% | 21% | 18% | 13% | 13% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| DSP Small Cap Fund | 6,991,662 | 1.6 | 272.33 | 2,500,000 | 2025-11-03 17:32:32 | 179.67% |
| Nippon India Small Cap Fund | 4,136,864 | 0.23 | 161.13 | 4,136,864 | 2025-04-22 17:25:11 | 0% |
| ICICI Prudential Childrens Fund | 126,591 | 0.35 | 4.93 | N/A | N/A | N/A |
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.) | 9.81 | 12.24 | 14.59 | 16.06 | 9.09 |
| Diluted EPS (Rs.) | 9.81 | 12.24 | 14.59 | 11.90 | 5.88 |
| Cash EPS (Rs.) | 14.26 | 16.56 | 17.51 | 16.48 | 15.91 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 137.76 | 129.09 | 117.72 | 67.56 | 85.44 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 137.76 | 129.09 | 117.72 | 67.56 | 85.44 |
| Revenue From Operations / Share (Rs.) | 154.62 | 152.93 | 149.83 | 171.07 | 174.75 |
| PBDIT / Share (Rs.) | 23.36 | 22.06 | 24.06 | 24.15 | 24.96 |
| PBIT / Share (Rs.) | 18.91 | 17.74 | 20.10 | 19.57 | 18.14 |
| PBT / Share (Rs.) | 14.90 | 16.56 | 18.36 | 16.39 | 12.14 |
| Net Profit / Share (Rs.) | 9.81 | 12.24 | 13.54 | 11.90 | 9.09 |
| NP After MI And SOA / Share (Rs.) | 9.81 | 12.24 | 13.54 | 11.90 | 9.09 |
| PBDIT Margin (%) | 15.10 | 14.42 | 16.06 | 14.11 | 14.28 |
| PBIT Margin (%) | 12.22 | 11.60 | 13.41 | 11.44 | 10.38 |
| PBT Margin (%) | 9.63 | 10.82 | 12.25 | 9.58 | 6.94 |
| Net Profit Margin (%) | 6.34 | 8.00 | 9.03 | 6.95 | 5.20 |
| NP After MI And SOA Margin (%) | 6.34 | 8.00 | 9.03 | 6.95 | 5.20 |
| Return on Networth / Equity (%) | 7.12 | 9.48 | 11.50 | 17.61 | 10.63 |
| Return on Capital Employeed (%) | 12.50 | 13.44 | 16.60 | 22.15 | 16.49 |
| Return On Assets (%) | 5.28 | 7.11 | 8.53 | 7.93 | 4.63 |
| Long Term Debt / Equity (X) | 0.07 | 0.00 | 0.01 | 0.26 | 0.23 |
| Total Debt / Equity (X) | 0.15 | 0.14 | 0.16 | 0.72 | 0.81 |
| Asset Turnover Ratio (%) | 0.86 | 0.92 | 1.05 | 0.00 | 0.62 |
| Current Ratio (X) | 3.21 | 2.91 | 2.90 | 1.64 | 1.43 |
| Quick Ratio (X) | 2.15 | 1.94 | 1.81 | 0.84 | 0.81 |
| Inventory Turnover Ratio (X) | 4.09 | 2.13 | 1.95 | 0.00 | 1.37 |
| Dividend Payout Ratio (NP) (%) | 10.20 | 8.17 | 0.00 | 0.00 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 7.01 | 6.04 | 0.00 | 0.00 | 0.00 |
| Earning Retention Ratio (%) | 89.80 | 91.83 | 0.00 | 0.00 | 0.00 |
| Cash Earning Retention Ratio (%) | 92.99 | 93.96 | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratio (X) | 24.25 | 18.65 | 13.83 | 7.60 | 4.16 |
| Interest Coverage Ratio (Post Tax) (X) | 14.34 | 11.35 | 8.78 | 4.74 | 2.51 |
| Enterprise Value (Cr.) | 3524.95 | 3698.78 | 3094.10 | 0.00 | 0.00 |
| EV / Net Operating Revenue (X) | 2.50 | 2.66 | 2.27 | 0.00 | 0.00 |
| EV / EBITDA (X) | 16.57 | 18.42 | 14.12 | 0.00 | 0.00 |
| MarketCap / Net Operating Revenue (X) | 2.42 | 2.62 | 2.24 | 0.00 | 0.00 |
| Retention Ratios (%) | 89.79 | 91.82 | 0.00 | 0.00 | 0.00 |
| Price / BV (X) | 2.71 | 3.10 | 2.85 | 0.00 | 0.00 |
| Price / Net Operating Revenue (X) | 2.42 | 2.62 | 2.24 | 0.00 | 0.00 |
| EarningsYield | 0.02 | 0.03 | 0.04 | 0.00 | 0.00 |
After reviewing the key financial ratios for Harsha Engineers International 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 9.81. This value is within the healthy range. It has decreased from 12.24 (Mar 24) to 9.81, marking a decrease of 2.43.
- For Diluted EPS (Rs.), as of Mar 25, the value is 9.81. This value is within the healthy range. It has decreased from 12.24 (Mar 24) to 9.81, marking a decrease of 2.43.
- For Cash EPS (Rs.), as of Mar 25, the value is 14.26. This value is within the healthy range. It has decreased from 16.56 (Mar 24) to 14.26, marking a decrease of 2.30.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 137.76. It has increased from 129.09 (Mar 24) to 137.76, marking an increase of 8.67.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 137.76. It has increased from 129.09 (Mar 24) to 137.76, marking an increase of 8.67.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 154.62. It has increased from 152.93 (Mar 24) to 154.62, marking an increase of 1.69.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 23.36. This value is within the healthy range. It has increased from 22.06 (Mar 24) to 23.36, marking an increase of 1.30.
- For PBIT / Share (Rs.), as of Mar 25, the value is 18.91. This value is within the healthy range. It has increased from 17.74 (Mar 24) to 18.91, marking an increase of 1.17.
- For PBT / Share (Rs.), as of Mar 25, the value is 14.90. This value is within the healthy range. It has decreased from 16.56 (Mar 24) to 14.90, marking a decrease of 1.66.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 9.81. This value is within the healthy range. It has decreased from 12.24 (Mar 24) to 9.81, marking a decrease of 2.43.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 9.81. This value is within the healthy range. It has decreased from 12.24 (Mar 24) to 9.81, marking a decrease of 2.43.
- For PBDIT Margin (%), as of Mar 25, the value is 15.10. This value is within the healthy range. It has increased from 14.42 (Mar 24) to 15.10, marking an increase of 0.68.
- For PBIT Margin (%), as of Mar 25, the value is 12.22. This value is within the healthy range. It has increased from 11.60 (Mar 24) to 12.22, marking an increase of 0.62.
- For PBT Margin (%), as of Mar 25, the value is 9.63. This value is below the healthy minimum of 10. It has decreased from 10.82 (Mar 24) to 9.63, marking a decrease of 1.19.
- For Net Profit Margin (%), as of Mar 25, the value is 6.34. This value is within the healthy range. It has decreased from 8.00 (Mar 24) to 6.34, marking a decrease of 1.66.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 6.34. This value is below the healthy minimum of 8. It has decreased from 8.00 (Mar 24) to 6.34, marking a decrease of 1.66.
- For Return on Networth / Equity (%), as of Mar 25, the value is 7.12. This value is below the healthy minimum of 15. It has decreased from 9.48 (Mar 24) to 7.12, marking a decrease of 2.36.
- For Return on Capital Employeed (%), as of Mar 25, the value is 12.50. This value is within the healthy range. It has decreased from 13.44 (Mar 24) to 12.50, marking a decrease of 0.94.
- For Return On Assets (%), as of Mar 25, the value is 5.28. This value is within the healthy range. It has decreased from 7.11 (Mar 24) to 5.28, marking a decrease of 1.83.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.07. This value is below the healthy minimum of 0.2. It has increased from 0.00 (Mar 24) to 0.07, marking an increase of 0.07.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.15. This value is within the healthy range. It has increased from 0.14 (Mar 24) to 0.15, marking an increase of 0.01.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.86. It has decreased from 0.92 (Mar 24) to 0.86, marking a decrease of 0.06.
- For Current Ratio (X), as of Mar 25, the value is 3.21. This value exceeds the healthy maximum of 3. It has increased from 2.91 (Mar 24) to 3.21, marking an increase of 0.30.
- For Quick Ratio (X), as of Mar 25, the value is 2.15. This value exceeds the healthy maximum of 2. It has increased from 1.94 (Mar 24) to 2.15, marking an increase of 0.21.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 4.09. This value is within the healthy range. It has increased from 2.13 (Mar 24) to 4.09, marking an increase of 1.96.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 10.20. This value is below the healthy minimum of 20. It has increased from 8.17 (Mar 24) to 10.20, marking an increase of 2.03.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 7.01. This value is below the healthy minimum of 20. It has increased from 6.04 (Mar 24) to 7.01, marking an increase of 0.97.
- For Earning Retention Ratio (%), as of Mar 25, the value is 89.80. This value exceeds the healthy maximum of 70. It has decreased from 91.83 (Mar 24) to 89.80, marking a decrease of 2.03.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 92.99. This value exceeds the healthy maximum of 70. It has decreased from 93.96 (Mar 24) to 92.99, marking a decrease of 0.97.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 24.25. This value is within the healthy range. It has increased from 18.65 (Mar 24) to 24.25, marking an increase of 5.60.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 14.34. This value is within the healthy range. It has increased from 11.35 (Mar 24) to 14.34, marking an increase of 2.99.
- For Enterprise Value (Cr.), as of Mar 25, the value is 3,524.95. It has decreased from 3,698.78 (Mar 24) to 3,524.95, marking a decrease of 173.83.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 2.50. This value is within the healthy range. It has decreased from 2.66 (Mar 24) to 2.50, marking a decrease of 0.16.
- For EV / EBITDA (X), as of Mar 25, the value is 16.57. This value exceeds the healthy maximum of 15. It has decreased from 18.42 (Mar 24) to 16.57, marking a decrease of 1.85.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 2.42. This value is within the healthy range. It has decreased from 2.62 (Mar 24) to 2.42, marking a decrease of 0.20.
- For Retention Ratios (%), as of Mar 25, the value is 89.79. This value exceeds the healthy maximum of 70. It has decreased from 91.82 (Mar 24) to 89.79, marking a decrease of 2.03.
- For Price / BV (X), as of Mar 25, the value is 2.71. This value is within the healthy range. It has decreased from 3.10 (Mar 24) to 2.71, marking a decrease of 0.39.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 2.42. This value is within the healthy range. It has decreased from 2.62 (Mar 24) to 2.42, marking a decrease of 0.20.
- For EarningsYield, as of Mar 25, the value is 0.02. This value is below the healthy minimum of 5. It has decreased from 0.03 (Mar 24) to 0.02, 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 Harsha Engineers International Ltd:
- Net Profit Margin: 6.34%
- 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: 12.5% (Industry Average ROCE: 357.66%)
- 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%: 7.12% (Industry Average ROE: 11.88%)
- 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): 14.34
- 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: 2.15
- 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: 26.6 (Industry average Stock P/E: 50.19)
- 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: 0.15
- 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: 6.34%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Domestic Appliances | NH-8A, Sarkhej-Bavla Highway, Ahmedabad Gujarat 382213 | Contact not found |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Rajendra Shah | Chairman & Wholetime Director |
| Mr. Harish Rangwala | Managing Director |
| Mr. Vishal Rangwala | WholeTime Director & CEO |
| Mr. Pilak Shah | Whole Time Director & COO |
| Ms. Hetal Ukani | Whole Time Director |
| Mr. Ambar Patel | Independent Director |
| Mr. Kunal Shah | Independent Director |
| Dr. Bhushan Punani | Independent Director |
| Mr. Ramakrishnan Kasinathan | Independent Director |
| Ms. Priyanka Agarwal Chopra | Independent Director |
FAQ
What is the intrinsic value of Harsha Engineers International Ltd?
Harsha Engineers International Ltd's intrinsic value (as of 08 January 2026) is ₹191.63 which is 50.23% lower the current market price of ₹385.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹3,502 Cr. market cap, FY2025-2026 high/low of ₹495/330, reserves of ₹1,244 Cr, and liabilities of ₹1,545 Cr.
What is the Market Cap of Harsha Engineers International Ltd?
The Market Cap of Harsha Engineers International Ltd is 3,502 Cr..
What is the current Stock Price of Harsha Engineers International Ltd as on 08 January 2026?
The current stock price of Harsha Engineers International Ltd as on 08 January 2026 is ₹385.
What is the High / Low of Harsha Engineers International Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Harsha Engineers International Ltd stocks is ₹495/330.
What is the Stock P/E of Harsha Engineers International Ltd?
The Stock P/E of Harsha Engineers International Ltd is 26.6.
What is the Book Value of Harsha Engineers International Ltd?
The Book Value of Harsha Engineers International Ltd is 147.
What is the Dividend Yield of Harsha Engineers International Ltd?
The Dividend Yield of Harsha Engineers International Ltd is 0.26 %.
What is the ROCE of Harsha Engineers International Ltd?
The ROCE of Harsha Engineers International Ltd is 13.5 %.
What is the ROE of Harsha Engineers International Ltd?
The ROE of Harsha Engineers International Ltd is 6.11 %.
What is the Face Value of Harsha Engineers International Ltd?
The Face Value of Harsha Engineers International Ltd is 10.0.