Harsha Engineers

Harsha Engineers

404.30
-4.85
(-1.19%)
Market Cap
3,680.90 Cr
EPS
9.81
PE Ratio
33.73
Dividend Yield
0.25 %
52 Week High
560.00
52 Week Low
329.95
PB Ratio
2.94
Debt to Equity
0.16
Add Ratio
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Investment Returns

In Long Term
In Short Term
1 Year
0.00%
2 Years
0.00%
3 Years
0.00%
4 Years
0.00%
5 Years
0.00%
Analyst Rating
- By Refinitiv from3 analysts
HOLD
Analysts have suggested that investors can hold this stock
Buy
Buy+33.33 %
+33.33 %
Hold
Hold+66.67 %
+66.67 %
Sell
Sell0.0 %
0.0 %

Company News

View All News
Caret
positive
Harsha Engineers International Limited reported consolidated revenue of INR 349 crores in Q1 FY2026, up from INR 330 crores in Q4 FY2025 and INR 327 crores in Q1 FY2025. The engineering business generated EBITDA of INR 65.2 crores while the solar division contributed INR 16.4 crores in revenue with INR 0.9 crores EBITDA. The company commissioned Phase 1 of its greenfield facility Harsha Advantek in May 2025 and secured a long-term bushing contract with peak annual sales potential of INR 117 crores. India engineering business performed at par with the previous quarter, with significant improvement in large-sized cages and strong bushing business traction. Romania operations achieved one of their highest sales in recent quarters while China operations continued positive performance. The company expects low-teens top-line growth for India engineering business and higher single-digit consolidated growth in FY2026, with bushing revenue projected to grow at least 30%. However, challenges include sluggish auto sector demand in India, softening U.S. demand, and ongoing losses at Romania and China subsidiaries.
neutral
Harsha Engineers reported quarterly consolidated net profit of 379 million rupees compared to 360 million rupees in the same period last year. Revenue increased to 3.65 billion rupees from 3.43 billion rupees year-over-year. EBITDA rose marginally to 554 million rupees from 552 million rupees, though EBITDA margin declined to 14.2% from 16.1% in the previous year.
positive
Harsha Engineers Secures INR 117 Crore Annual Contract with Multinational CompanyAug 01, 2025
Harsha Engineers International Limited has entered into a long-term agreement with a leading multinational company for the supply of journal bearings and bushings. The agreement is effective from July 31, 2025, and covers both the company and its subsidiaries as suppliers. The contract has an initial period of three years and is valued at approximately INR 117 crores per annum. The agreement involves recurring supply of journal bearings and bushings for both domestic and international markets. The multinational entity awarding the contract is an international company, and there are no related party transactions or promoter group interests involved in this deal.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
15,249.00
#1 22,849.30
368.05
342.20
26.60
61
6.12
66.38
1,184.00
10,746.40
47.12
1,346.70
15.63
226
16.16
54.71
4,994.00
7,687.30
44.77
1,381.20
10.51
175
-8.09
36.07
830.90
5,164.60
96.83
441.70
#1 40.89
53
3.33
45.96
3,979.40
4,145.10
#1 27.10
#1 6,677.70
4.15
#1 308
44.26
53.73
404.30
#6 3,680.90
#3 33.73
#2 1,445.40
#10 1.66
#4 89
#6 5.28
46.54
980.05
1,705.60
39.40
1,141.50
4.44
60
-120.10
59.69
350.45
1,311.60
32.12
344.50
20.62
36
#1 68.49
45.92
512.10
1,253.60
37.00
362.00
15.32
34
6.30
40.90
147.20
987.10
33.76
608.20
14.99
29
0.00
37.98
Forecast
Actual
Growth Rate
Revenue Growth
1.66 %
Net Income Growth
-19.84 %
Cash Flow Change
51.96 %
ROE
-24.89 %
ROCE
-21.95 %
EBITDA Margin (Avg.)
4.10 %

Quarterly Financial Results

Quarterly Financials
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Revenue
312
325
326
376
404
326
314
350
352
346
336
388
351
365
346
384
376
Expenses
265
284
283
321
348
274
260
293
306
304
285
326
288
311
296
366
310
EBITDA
48
41
43
55
56
52
55
57
46
42
51
62
63
54
50
19
66
Operating Profit %
14 %
12 %
13 %
13 %
12 %
15 %
14 %
15 %
12 %
10 %
12 %
14 %
16 %
12 %
13 %
2 %
15 %
Depreciation
9
9
9
9
9
9
9
9
10
10
10
10
10
10
10
10
11
Interest
6
7
7
6
5
6
2
3
3
3
3
3
3
3
2
2
3
Profit Before Tax
33
26
27
41
42
38
43
45
34
30
38
50
50
41
37
7
53
Tax
7
8
9
10
11
10
11
12
9
9
8
13
14
12
11
10
15
Net Profit
26
18
18
30
31
28
32
33
25
20
30
37
36
29
27
-2
38
EPS in ₹
5.16
3.58
3.46
3.85
3.99
3.08
3.45
3.58
2.70
2.24
3.26
4.04
3.96
3.18
2.93
-0.26
4.17

Balance Sheet

Balance Sheet
2020
2021
2022
2023
2024
2025
Total Assets
973
981
1,158
1,445
1,567
1,691
Fixed Assets
334
342
356
387
418
414
Current Assets
618
617
780
998
1,064
1,008
Capital Work in Progress
3
3
2
12
15
161
Investments
7
9
7
194
234
305
Other Assets
630
626
794
853
900
811
Total Liabilities
973
981
1,158
1,445
1,567
1,691
Current Liabilities
474
431
476
344
365
314
Non Current Liabilities
128
123
161
30
26
123
Total Equity
372
427
522
1,072
1,175
1,254
Reserve & Surplus
295
377
445
981
1,084
1,163
Share Capital
50
50
77
91
91
91

Cash Flow

Cash Flow
2020
2021
2022
2023
2024
2025
Net Cash Flow
24
9
-12
41
-47
1
Investing Activities
-51
-20
-52
-312
-158
-212
Operating Activities
113
121
37
137
136
206
Financing Activities
-38
-92
4
216
-25
6

Share Holding

% Holding
Feb 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Promoter
99.70 %
74.61 %
74.61 %
74.61 %
74.61 %
74.61 %
74.61 %
74.61 %
74.61 %
74.61 %
74.61 %
74.61 %
74.72 %
FIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
1.86 %
0.00 %
1.61 %
0.76 %
0.56 %
0.58 %
0.54 %
0.88 %
DIIs
0.00 %
9.04 %
11.06 %
11.37 %
10.01 %
9.19 %
7.53 %
7.43 %
8.69 %
8.85 %
8.72 %
8.65 %
11.85 %
Government
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Public / Retail
0.00 %
10.62 %
9.33 %
8.45 %
7.76 %
7.82 %
8.31 %
8.81 %
7.77 %
7.86 %
9.84 %
9.97 %
10.47 %
Others
0.30 %
5.73 %
5.00 %
5.57 %
7.63 %
6.52 %
9.55 %
7.54 %
8.17 %
8.13 %
6.25 %
6.23 %
2.07 %
No of Share Holders
20
20
1,32,892
1,22,843
1,05,011
99,274
96,528
91,107
78,307
79,500
77,771
77,352
78,464

Dividend History

Dividends per share (FY)
Dividend yield (FY) %
Dividends per share (FY)
Dividend yield (FY) %
Annual Cash Flows 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Dividend Per Share (₹) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1 1 1
Dividend Yield (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.25 0.27 0.25

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
01 Jan 2021 CHANGE OF NAME Change Of Name
NA
01 Jan 2021 0.00 0.00
21 Sept 2023 DIVIDEND Dividend
₹ 1.00 /share
21 Sept 2023 450.10 428.45
09 Sept 2024 DIVIDEND Dividend
₹ 1.00 /share
09 Sept 2024 439.70 515.60
16 Sept 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
16 Sept 2024 439.70 514.70
11 Nov 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
11 Nov 2024 483.75 506.60
13 Feb 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
13 Feb 2025 410.65 394.00
08 May 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
08 May 2025 375.70 371.00
06 Aug 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
06 Aug 2025 407.90 415.05
29 Aug 2025 DIVIDEND Dividend
₹ 1.00 /share
29 Aug 2025 371.00 401.40
12 Sept 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
12 Sept 2025 371.00 413.20

Announcements

Closure of Trading Window2 days ago
Shareholder Meeting / Postal Ballot-Scrutinizers ReportSep 15, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementSep 12, 2025
Shareholder Meeting / Postal Ballot-Outcome of AGMSep 12, 2025
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Sep 02, 2025
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Sep 02, 2025
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Sep 02, 2025
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Sep 02, 2025
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Sep 02, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 21, 2025
Business Responsibility and Sustainability Reporting (BRSR)Aug 20, 2025
Reg. 34 (1) Annual Report.Aug 20, 2025
Notice Of The 15Th Annual General Meeting Along With Annual Report Of The Company For The Financial Year 2024-25.Aug 20, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 13, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptAug 12, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 07, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAug 06, 2025
Announcement under Regulation 30 (LODR)-Monitoring Agency ReportAug 06, 2025
Statement Of Deviation For The Quarter Ended On June 30 2025Aug 06, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationAug 06, 2025
Unaudited Results For The Quarter Ended June 30 2025Aug 06, 2025
Board Meeting Outcome for Outcome Of The Board Meeting Held On August 6 2025Aug 06, 2025
Communication To Shareholders - Intimation On Tax Deduction On DividendAug 04, 2025
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderAug 01, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJul 31, 2025
Disclosures under Reg. 29(1) of SEBI (SAST) Regulations 2011Jul 31, 2025
Board Meeting Intimation for Consider And Approve Standalone And Consolidated Unaudited Financial Results For The Quarter Ended On June 30 2025Jul 30, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 09, 2025
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Jul 01, 2025
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Jul 01, 2025
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Jul 01, 2025
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Jul 01, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementJun 30, 2025
Commencement Of Commercial Production And InvoicingJun 26, 2025
Closure of Trading WindowJun 24, 2025
Disclosures under Reg. 29(1) of SEBI (SAST) Regulations 2011Jun 06, 2025
Commissioned Of 2*5.20 Mwp Solar Tracker PV Power PlantMay 23, 2025
Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 19, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementMay 19, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptMay 14, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 09, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeMay 08, 2025
Announcement under Regulation 30 (LODR)-Monitoring Agency ReportMay 08, 2025
Statement Of Deviation - Q4FY2025May 08, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationMay 08, 2025
Intimation Of 15Th Annual General Meeting Of The CompanyMay 08, 2025
Announcement under Regulation 30 (LODR)-Date of payment of DividendMay 08, 2025
Book Closure For The Purpose Of AGMMay 08, 2025
Record Date For The Purpose Of Dividend & AGMMay 08, 2025
Corporate Action-Board approves DividendMay 08, 2025

Technical Indicators

RSI(14)
Neutral
42.63
ATR(14)
Volatile
10.12
STOCH(9,6)
Neutral
44.09
STOCH RSI(14)
Oversold
9.49
MACD(12,26)
Bearish
-0.69
ADX(14)
Strong Trend
25.68
UO(9)
Bearish
30.48
ROC(12)
Downtrend And Accelerating
-2.11
WillR(14)
Oversold
-94.43