Haria Apparels

When is the next results date for Haria Apparels?

No Upcoming Board Meetings

Who are in the management team of Haria Apparels?

As of March 2022, the management team of Haria Apparels includes Kantilal L Haria (Chairman & Managing Director), Utsav Maru (Joint Managing Director), and independent directors Nitin V Oza, Nehaben Joy Kothari, and Sushila Oza, along with Suraj Shah as Company Secretary & Compliance Officer.

As of March 2022, the management team of Haria Apparels consists of the following individuals:<BR><BR>1. Kantilal L Haria - Chairman & Managing Director<BR>2. Nitin V Oza - Independent Director<BR>3. Utsav Maru - Joint Managing Director<BR>4. Nehaben Joy Kothari - Independent Director<BR>5. Sushila Oza - Independent Director<BR>6. Suraj Shah - Company Secretary & Compliance Officer

Has Haria Apparels declared dividend?

No Dividend History Available

Who are the peers of the Haria Apparels?

Haria Apparels' peers include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Parmeshwari Silk, Amit International, Nutech Global, and Aananda Lakshmi. Key performance highlights show K P R Mill Ltd and Page Industries excel in management risk, growth, and capital structure, while Aananda Lakshmi leads in 1-year returns at 56.79%.

Peers: The peers of Haria Apparels are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Parmeshwari Silk, Amit Internation, Nutech Global, and Aananda Lakshmi.<BR><BR>Quality Snapshot: Excellent management risk is observed at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good management risk is found at Trent. Average management risk is noted at Trident, and the rest do not qualify. Growth is Excellent at K P R Mill Ltd and Page Industries, while Good growth is seen at Trent. Below Average growth is found at Vedant Fashions and Trident, and the rest do not qualify. Capital Structure is Excellent at K P R Mill Ltd, Page Industries, and Vedant Fashions, while Good capital structure is observed at Trident, and the rest do not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Aananda Lakshmi at 56.79%, while the lowest is Vedant Fashions at -24.65%. Haria Apparels has a 1-year return of 1.35%, which is higher than Vedant Fashions but lower than the majority of its peers. Additionally, the six-month return is negative for Vedant Fashions, Trident, and Nutech Global.

Is Haria Apparels overvalued or undervalued?

As of April 25, 2023, Haria Apparels is considered risky but appears undervalued with a PE ratio of 7.87, significantly lower than its peers, and has shown impressive growth of 252.35% over the past three years despite underperforming against the Sensex in the last year.

As of 25 April 2023, Haria Apparels has moved from a grade of does not qualify to risky, indicating increased concerns regarding its valuation. The company appears to be undervalued, with a PE ratio of 7.87, a Price to Book Value of 1.28, and a ROE of 13.70%. Notably, the EV to EBIT ratio is -5.79, which suggests potential issues with profitability or cash flow.<BR><BR>In comparison to its peers, Haria Apparels has a significantly lower PE ratio than MMTC, which stands at 119.39, and is also far behind Elitecon International's PE of 131.08. This stark contrast highlights the potential undervaluation of Haria Apparels in the context of its industry. Additionally, while the company's stock has underperformed against the Sensex over the past year, it has shown remarkable growth over the last three years, with a return of 252.35%.

What is the technical trend for Haria Apparels?

As of June 6, 2025, Haria Apparels is in a bearish trend with moderate strength, indicated by bearish weekly MACD, Bollinger Bands, and daily moving averages, despite a bullish weekly KST, and has underperformed against the Sensex.

As of 6 June 2025, the technical trend for Haria Apparels has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this sentiment include the weekly MACD being bearish, the Bollinger Bands indicating a bearish trend on both weekly and monthly time frames, and daily moving averages also showing a bearish signal. The KST is bullish on a weekly basis but remains mildly bearish monthly, which adds some complexity to the overall bearish outlook. The stock has underperformed against the Sensex in the short term, further supporting the bearish trend.

What does Haria Apparels do?

Haria Apparels Ltd, a Micro Cap company in the Garments & Apparels industry, was incorporated in 2011 and reported a net profit of 3 Cr for the quarter ending March 2025. It has a market cap of INR 9 Cr, a P/E ratio of 9.00, and a return on equity of 13.70%.

Overview: <BR>Haria Apparels Ltd operates in the Garments & Apparels industry and is classified as a Micro Cap company.<BR><BR>History: <BR>Haria Apparels Limited was incorporated on 01 February 2011. The latest quarterly results reported net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: 3 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 9 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 9.00 <BR>Industry P/E: 35 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.01 <BR>Return on Equity: 13.70% <BR>Price-to-Book: 1.43<BR><BR>Contact Details: <BR>Address: Vilco Centre 8, Subhash Road Vile Parle (East) Mumbai Maharashtra : 400057 <BR>Phone: 91-22-61546154 <BR>Email: accounts@hariagroup.com <BR>Website: http://www.hariagroup.com

Who are the top shareholders of the Haria Apparels?

The top shareholders of Haria Apparels are mainly promoters, with Bimal Kantilal Haria holding 58.5% of the shares, while individual investors own 38.16%. There are no significant public or foreign institutional investors, and promoter holdings are unpledged.

The top shareholders of Haria Apparels are primarily the promoters, with Bimal Kantilal Haria holding the highest stake at 58.5%. Additionally, individual investors collectively hold 38.16% of the shares. There are no significant public shareholders or foreign institutional investors involved, and the promoter holdings are not pledged.

How big is Haria Apparels?

As of 24th July, Haria Apparels Ltd has a market capitalization of 8.00 Cr, with reported Net Sales of 0.00 Cr and a Net Profit of 0.84 Cr in the latest four quarters. The balance sheet for March 2024 shows Shareholder's Funds of 5.29 Cr and Total Assets of 11.69 Cr.

As of 24th July, Haria Apparels Ltd has a market capitalization of 8.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Haria Apparels reported Net Sales of 0.00 Cr and a Net Profit of 0.84 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, showing Shareholder's Funds of 5.29 Cr and Total Assets of 11.69 Cr.

How has been the historical performance of Haria Apparels?

Haria Apparels has experienced significant fluctuations in financial performance, with net sales declining from 17.79 Cr in March 2019 to 0.00 Cr by March 2025, and operating profit dropping from 1.93 Cr to -1.16 Cr in the same period, indicating ongoing operational challenges. Total liabilities and assets increased, but cash flow from operations turned negative by March 2025.

Answer:<BR>The historical performance of Haria Apparels shows significant fluctuations in its financial metrics over the years, particularly in net sales and profitability.<BR><BR>Breakdown:<BR>Haria Apparels reported net sales of 1.01 Cr in March 2022, a notable decrease from 17.79 Cr in March 2019, followed by a decline to 0.00 Cr in the subsequent years up to March 2025. Total operating income mirrored this trend, peaking at 1.01 Cr in March 2022 and falling to 0.00 Cr by March 2025. The company's total expenditure, excluding depreciation, was highest in March 2019 at 18.62 Cr, but decreased to 1.16 Cr in March 2025. Operating profit (PBDIT) showed a decline from 1.93 Cr in March 2019 to -1.16 Cr in March 2025, indicating ongoing operational challenges. Profit before tax fluctuated, reaching a high of 1.18 Cr in March 2023 before dropping to 0.84 Cr in March 2025. Profit after tax followed a similar pattern, peaking at 1.17 Cr in March 2023 and falling to 0.84 Cr in March 2025. The company's total liabilities increased from 9.19 Cr in March 2020 to 11.73 Cr in March 2025, while total assets rose from 9.19 Cr to 11.73 Cr in the same period. Cash flow from operating activities was positive in March 2023 at 1.00 Cr but dropped to 0.00 Cr in March 2025, reflecting a decline in operational efficiency. Overall, Haria Apparels has faced significant challenges in maintaining sales and profitability over the years.

Should I buy, sell or hold Haria Apparels Ltd?

Which are the latest news on Haria Apparels?

Why is Haria Apparels Ltd falling/rising?

As of 31-Mar, Haria Apparels Ltd's stock price is declining at 5.47, down 0.55%, due to consecutive falls and trading below moving averages, indicating a bearish trend. Operational difficulties and disappointing financial results contribute to the negative sentiment despite a slight outperformance in the sector today.

As of 31-Mar, Haria Apparels Ltd is experiencing a decline in its stock price, currently at 5.47, which reflects a change of -0.03 or -0.55%. This downward movement is attributed to several factors. The stock has been on a consecutive fall for the last two days, resulting in a significant drop of -13.17% in returns during this period. Additionally, Haria Apparels is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend.<BR><BR>Despite outperforming the sector by 2.49% today, the overall trading environment has been challenging, with the sector itself experiencing a decline of -3.03%. Furthermore, the company is facing operational difficulties, as evidenced by its operating losses and a high Debt to EBITDA ratio of -1.00 times, which suggests a low ability to service debt. The recent financial results have also been disappointing, with the lowest recorded PBDIT and PBT figures, contributing to the perception of the stock as risky.<BR><BR>While there has been a rise in investor participation, with delivery volume increasing by 55.37% against the 5-day average, the overall sentiment remains negative due to the company's weak long-term fundamental strength and negative EBITDA. These factors collectively explain the current decline in Haria Apparels Ltd's stock price.