Latest news about Harsha Engineers
Harsha Engineers
410.85
-15.25(-3.58%)
Company Performance:
View Company Insights1D-3.58%
1M+16.37%
6M+4.93%
1Y+9.93%
5Y-15.55%
More news about Harsha Engineers
12Nov 25
Harsha Engineers Reports Mixed Q2 Results with Romania Subsidiary Turnaround
Harsha Engineers International Limited reported mixed Q2 FY2026 results. Consolidated engineering business revenue increased to INR 363.00 crores. India Engineering business saw 15% QoQ and 10% half-yearly growth. Romania subsidiary achieved 38% topline growth and positive EBITDA. Bronze Bushing Vertical and Large-Sized Cages segments showed strong growth. EBITDA margins declined due to raw material price pass-through lag and operational challenges at the new Bhayla facility. The company maintains guidance for high single-digit consolidated topline growth for the full year.
06Nov 25
Harsha Engineers Reports Q2 Growth Amid Mixed EBITDA Figures
Harsha Engineers announced Q2 FY24 results with a 25.5% increase in net profit to ₹364.00 million and an 8.6% rise in revenue to ₹3.80 billion year-over-year. However, the company's EBITDA data shows discrepancies, with conflicting figures reported. The EBITDA margin declined to 14.14% from 15.29% in the previous year, indicating potential cost pressures.
31Oct 25
Harsha Engineers' Subsidiary Completes Plant Relocation in Ahmedabad
Harsha Engineers International Limited's wholly-owned subsidiary, Harsha Engineers Advantek Limited, completed relocation of its entire plant machinery and operations from a leased facility to a new plant in Ahmedabad, Gujarat on October 31, 2025. The new plant is located at Survey No. 376 to 379, TA: Bavla, Bhayla, Ahmedabad. In FY25, the relocated entity contributed 0.55% to consolidated turnover and 0.89% to consolidated PAT. The company expects no material impact on financial performance due to this shift.
12Aug 25
Harsha Engineers Reports Q1 FY2026 Revenue Growth, Commissions New Facility
Harsha Engineers International Limited reported consolidated revenue of INR 349.00 crores for Q1 FY2026, up from INR 330.00 crores in Q4 FY2025 and INR 327.00 crores in Q1 FY2025. The engineering business generated an EBITDA of INR 65.20 crores, while the solar division contributed INR 16.40 crores in revenue with an EBITDA of INR 0.90 crores. The company commissioned Phase 1 of its Harsha Advantek facility in May 2025 and secured a long-term bushing contract with potential annual sales of INR 117.00 crores. Romania operations achieved high sales, indicating potential European market recovery. The company expects low-teens top-line growth for its India engineering business and higher single-digit consolidated growth in FY2026, with bushing revenue projected to grow by at least 30%.
06Aug 25
Harsha Engineers Reports 5.3% Rise in Q1 Net Profit, Revenue Grows 6.4%
Harsha Engineers International Limited's Q1 consolidated net profit rose 5.3% year-on-year to ₹379.00 million. Revenue increased 6.4% to ₹3,650.00 million, while EBITDA marginally improved to ₹554.00 million. The EBITDA margin declined to 14.2% from 16.1%. The Engineering & Others segment reported revenue of ₹34,883.00 million and EBITDA of ₹6,526.00 million, while the Solar-EPC and O&M segment generated revenue of ₹1,646.00 million and EBITDA of ₹90.00 million. As of June 30, total assets stood at ₹176,042.00 million and total liabilities at ₹47,319.00 million.
26Jun 25
Harsha Engineers Kicks Off Production at New Ahmedabad Facility
Harsha Engineers International Limited has started production and invoicing at its new manufacturing facility in Ahmedabad, Gujarat. The plant is now fully operational, marking a significant expansion for the precision engineering company. This development is expected to increase production capacity, enhance revenue, and strengthen the company's market position.
08May 25
Harsha Engineers International Reports Significant Decline in Q4 FY2023 Performance
Harsha Engineers International Limited's Q4 FY2023 results show a substantial decline in performance. Revenue decreased by 2.63% to ₹3.70 billion. EBITDA fell by 70.31% to ₹185.00 million, with EBITDA margin contracting from 16.37% to 4.96%. The company reported a net loss of ₹24.00 million, compared to a profit of ₹370.00 million in Q4 FY2022, marking a 106.49% reversal.
26Apr 25
Harsha Engineers Secures 5-Year Supply Agreement for Stamping Products
Harsha Engineers International Limited (HEIL) has signed a Letter of Intent with a leading multinational AC compressor manufacturer for supplying stamping products. The agreement spans 5 years, starting April 26, 2025, with an estimated annual revenue of ₹18 crore, totaling ₹90 crore over the contract period. This domestic order for recurring supply strengthens HEIL's position in the stamping products market and potentially opens doors for future collaborations in the automotive and appliance industries.
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17,058.00
(+1.62%)
1,458.30
(-1.68%)
6,742.00
(-2.80%)
1,285.90
(-1.10%)
410.85
(-3.58%)
3,347.60
(-0.84%)
1,053.10
(-2.31%)
320.85
(+1.39%)
453.35
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160.80
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