Harsha Engineers International's China Subsidiary Announces $9.94 Million Capacity Expansion Project

1 min read     Updated on 05 Feb 2026, 12:43 PM
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Radhika SScanX News Team
Overview

Harsha Engineers International's Chinese subsidiary, Harsha China, has announced a $9.94 million expansion project aimed at increasing production capacity by 5.84 million pieces over a two-year period. The strategic investment demonstrates the company's commitment to scaling manufacturing operations in China and strengthening its international market presence.

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Harsha engineers International has announced a major capacity expansion initiative through its Chinese subsidiary, marking a significant step in the company's international growth strategy. The expansion project represents a substantial investment in the company's Asian operations.

Expansion Project Details

Harsha China, the Chinese subsidiary of Harsha Engineers International, has announced plans for a comprehensive expansion project that will significantly enhance its manufacturing capabilities. The initiative involves strategic investments aimed at scaling up production capacity to meet growing market demand.

Parameter: Details
Investment Amount: $9.94 million
Capacity Increase: 5.84 million pieces
Implementation Period: 2 years
Executing Entity: Harsha China (subsidiary)

Strategic Investment Impact

The $9.94 million investment represents a significant commitment by Harsha Engineers International to expand its manufacturing footprint in China. The expansion is structured to deliver a substantial increase in production capacity, with the facility expected to produce an additional 5.84 million pieces upon completion.

The two-year timeline for the expansion project indicates a phased approach to capacity building, allowing the subsidiary to systematically scale up its operations while maintaining quality standards and operational efficiency.

Manufacturing Capacity Enhancement

The expansion project will substantially boost Harsha China's production capabilities, positioning the subsidiary to better serve regional markets and support the parent company's broader business objectives. The capacity increase of 5.84 million pieces represents a significant scaling of manufacturing operations in the Chinese market.

This strategic expansion aligns with the company's focus on strengthening its international presence and leveraging manufacturing capabilities in key global markets.

Historical Stock Returns for Harsha Engineers

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Harsha Engineers Releases Q3FY26 Earnings Call Transcript Under Regulation 30

2 min read     Updated on 05 Feb 2026, 12:36 PM
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Overview

Harsha Engineers International Limited has released its Q3FY26 earnings call transcript conducted on February 5, 2026, pursuant to SEBI Regulation 30. The company reported strong financial performance with 17.40% revenue growth in India Engineering business and ₹350.00 crores consolidated engineering revenue. Key highlights include Bronze Bushing business achieving ₹92.00 crores in nine months with 30%+ growth, and announcement of USD 9.94 million brownfield expansion in China for steel cage manufacturing capacity targeting completion before FY28 end.

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Harsha Engineers International Limited has released the complete transcript of its Q3FY26 earnings conference call conducted on February 5, 2026, following the Board of Directors meeting. The company submitted the transcript to stock exchanges on February 11, 2026, pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance and Documentation

The earnings call transcript was formally communicated to both BSE Limited and National Stock Exchange of India Limited through a letter dated February 11, 2026. The communication was signed by Kiran Kumar Mohanty, Company Secretary and Chief Compliance Officer, ensuring proper regulatory compliance across all listing requirements.

Exchange Communication: Details
BSE Script Code: 543600
NSE Symbol: HARSHA
Company Secretary: Kiran Kumar Mohanty
Membership Number: F9907
CIN: L29307GJ2010PLC063233
Document Reference: HEIL/SE-64/2025-26

Q3FY26 Financial Performance Highlights

During the earnings call, CEO Vishal Rangwala highlighted that the India Engineering business achieved 17.40% revenue growth on a year-over-year basis in Q3. The company reported consolidated engineering business revenue of ₹350.00 crores for the quarter ended December 2025, compared to ₹302.00 crores in the same quarter last year.

Financial Metrics: Q3 FY26 Previous Quarter Same Quarter Last Year
Engineering Revenue: ₹350.00 crores ₹363.00 crores ₹302.00 crores
Consolidated EBITDA: ₹58.60 crores ₹63.00 crores ₹48.20 crores
Adjusted EBITDA: ₹64.30 crores - -
Solar Business Revenue: ₹59.70 crores - -

Strategic Business Updates and Growth Drivers

The company reported strong performance across key growth segments during the nine-month period ending December 2025. Bronze Bushing business achieved sales revenue of approximately ₹92.00 crores, representing over 30% year-over-year growth. Large-sized cages reached sales of around ₹39.00 crores compared to ₹31.00 crores in the corresponding previous year period.

Business Segment Performance: 9M FY26 9M FY25
Bronze Bushing: ₹92.00 crores ~₹71.00 crores
Large-sized Cages: ₹39.00 crores ₹31.00 crores
Stamping Business: ₹41.00 crores -
Japanese Customers: ₹51.50 crores ₹50.00 crores

China Expansion and International Operations

The company announced a significant brownfield expansion plan in China with an investment outlay of approximately USD 9.94 million for expanding cage manufacturing capacity. The expansion focuses primarily on steel cages to serve the growing industrial segment demand in China and will be implemented at the existing site, targeting operational status before the end of financial year 2028.

China Expansion Details: Information
Investment Amount: USD 9.94 million
Expansion Type: Brownfield
Primary Focus: Steel cages for industrial segment
Target Completion: Before end of FY28
Funding Structure: 70-80% debt, balance equity

Regulatory Publications and Transparency

The company had previously published its unaudited financial results for Q3FY26 in newspapers on February 6, 2026, pursuant to Regulation 47 of SEBI regulations. The publication was made in both English and regional language newspapers to ensure wider accessibility for stakeholders, with results appearing in Business Standard and Jai Hind newspapers.

The earnings call transcript is available on the company's website at www.harshaengineers.com , along with the investor presentation containing detailed financial breakdowns. The comprehensive disclosure demonstrates the company's commitment to transparent financial reporting and regulatory compliance across all stakeholder communication channels.

Historical Stock Returns for Harsha Engineers

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