Harmony Capital

Why is Harmony Capital Services Ltd falling/rising?

As of 08-Apr, the stock price of Harmony Capital Services Ltd is stable at Rs. 84.54, with a positive performance over the past month and year-to-date. However, declining trading activity and delivery volume may hinder future price increases despite current bullish indicators.

As of 08-Apr, the stock price of Harmony Capital Services Ltd is currently stable at Rs. 84.54, showing no change (0.00%). Despite this stability in price, the stock has demonstrated a positive performance over various time frames. Over the past month, it has increased by 4.99%, and year-to-date, it has risen by 10.24%. Additionally, the stock has achieved a new 52-week and all-time high of Rs. 84.54 today, indicating strong upward momentum.<BR><BR>However, there are some concerning factors that could impact future performance. The stock has experienced erratic trading, not trading on 4 out of the last 20 days, which suggests a lack of consistent investor interest. Furthermore, there has been a significant decline in delivery volume, with a drop of 96.13% compared to the 5-day average, indicating falling investor participation. <BR><BR>In contrast, the stock has outperformed its sector by 3.21% today, and it is trading above all its moving averages, which is typically a bullish sign. Despite the overall positive performance metrics, the decline in trading activity and investor participation could pose challenges for sustained price increases in the future.

Which are the latest news on Harmony Capital?

Why is Harmony Capital Services Ltd falling/rising?

As of 07-Apr, the stock price of Harmony Capital Services Ltd is stable at Rs. 84.54, showing no change (0.00%). Despite this stability, the stock has performed well historically, with a year-to-date increase of 10.24% and a one-year increase of 33.41%, although recent erratic trading and declining investor participation raise concerns.

As of 07-Apr, the stock price of Harmony Capital Services Ltd is stable at Rs. 84.54, showing no change (0.00%). Despite this stability, the stock has demonstrated a positive performance over various periods, with a year-to-date increase of 10.24% and a one-year increase of 33.41%. <BR><BR>Today, the stock reached a new 52-week and all-time high of Rs. 84.54, indicating a strong upward trend recently. It has outperformed its sector by 3.21%, which suggests that it is performing better than many of its peers. Additionally, Harmony Capital is trading above its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically signals a bullish trend.<BR><BR>However, there are some concerning factors. The stock has experienced erratic trading, not trading on 4 out of the last 20 days, and there has been a significant decline in investor participation, with delivery volume dropping by 96.13% against the 5-day average. This could indicate a lack of confidence among investors, despite the stock's recent highs.<BR><BR>Overall, while the stock price is currently stable, the combination of strong historical performance and recent highs suggests a rising trend, albeit tempered by concerns over trading activity and investor participation.

How has been the historical performance of Harmony Capital?

Harmony Capital has consistently reported zero net sales and operating income from March 2019 to March 2025, with total expenditures rising to 0.60 crore and negative operating profit of -0.60 crore by March 2025. The company has not generated any cash flow, indicating a challenging financial position.

Answer:<BR>The historical performance of Harmony Capital shows a consistent trend of zero net sales and zero other operating income from March 2019 to March 2025. The total operating income has remained at zero throughout these years, indicating no revenue generation. The raw material costs, purchase of finished goods, and other operational expenses have also been recorded as zero, except for employee costs, which have slightly fluctuated but remained minimal. The total expenditure, excluding depreciation, has increased from 0.09 crore in March 2019 to 0.60 crore in March 2025, primarily driven by other expenses. Operating profit (PBDIT) has been negative across the years, with a notable decline to -0.60 crore in March 2025. Profit before tax and profit after tax have similarly shown negative figures, culminating in a net profit of -0.60 crore in March 2025. The earnings per share have also deteriorated, reaching -2.0 in March 2025 from -0.23 in March 2024. The company has not generated any cash flow from operating, investing, or financing activities, resulting in a consistent net cash inflow/outflow of zero.<BR><BR>Breakdown:<BR>Harmony Capital has not recorded any net sales or other operating income from March 2019 through March 2025, maintaining a total operating income of zero. The company's total expenditure has increased over the years, with other expenses rising significantly to 0.60 crore in March 2025. Employee costs have shown slight variations but remained low. The operating profit has consistently been negative, with the most recent figure at -0.60 crore, reflecting a decline in profitability. The profit before tax and profit after tax figures have also been negative, with the net profit reaching -0.60 crore in March 2025. Earnings per share have worsened, indicating a challenging financial position. Additionally, cash flow statements reveal no activity, with net cash inflow/outflow remaining at zero, highlighting a lack of operational cash generation.

Are Harmony Capital latest results good or bad?

Harmony Capital's latest results are poor, with a financial score of -5 and significant declines in key metrics, including a PBDIT and PBT of Rs -0.19 crore and an EPS of Rs -0.63. The standalone net profit has also dropped by 35.71% from the previous quarter, indicating ongoing operational challenges.

The latest results for Harmony Capital Services indicate a challenging performance. The company has reported a flat performance with a financial score that has decreased to -5, reflecting ongoing difficulties. Key metrics show significant declines, including the Operating Profit Before Depreciation, Interest, and Taxes (PBDIT), which has reached its lowest point at Rs -0.19 crore. This marks a continuous fall over the last five quarters.<BR><BR>Additionally, the Profit Before Tax (PBT) also recorded a low of Rs -0.19 crore, and Earnings per Share (EPS) have declined to Rs -0.63, the lowest in the past five quarters. The standalone net profit has decreased by 35.71% compared to the previous quarter, indicating a downward trend in profitability.<BR><BR>Overall, these results suggest that Harmony Capital is facing considerable operational challenges, leading to a negative outlook for the company at this time.

When is the next results date for Harmony Capital?

The next results date for Harmony Capital is 11 August 2025.

The next results date for Harmony Capital is scheduled for 11 August 2025.

What does Harmony Capital do?

Harmony Capital Services Ltd is a micro-cap financial services company in India, incorporated in 1994, currently reporting a net profit of -2 Cr as of March 2025. It operates within the diversified commercial services industry and has a market cap of INR 17 Cr.

Overview:<BR>Harmony Capital Services Ltd is a well-diversified financial services company in India, operating within the diversified commercial services industry and categorized as a micro-cap company.<BR><BR>History:<BR>Harmony Capital Services Ltd was incorporated as a Limited Company on September 19, 1994, with the Registrar of Companies in Rajasthan, Jaipur. The Certificate of Commencement of Business was obtained on October 4, 1994. The latest quarterly results reported a net profit of -2 Cr for March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: -2 Cr (Quarterly Results - Mar 2025)<BR>Market-cap value: INR 17 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A (Loss Making)<BR>Industry P/E: 24<BR>Dividend Yield: 0.00%<BR>Debt Equity: -0.02<BR>Return on Equity: -7.00%<BR>Price to Book: 17.45<BR><BR>Contact Details:<BR>Address: Office No 8A 8th Floor 470/B, Astral Centre N M Joshi Marg Mumbai Maharashtra : 400011<BR>Tel: 91-022-23001206<BR>Email: harmonycsl@yahoo.com<BR>Website: http://www.hcsl.co.in

Who are in the management team of Harmony Capital?

As of March 2023, the management team of Harmony Capital includes Anish Sharma (Chairman, Managing Director, CFO), Ritika Sharma, Parminder Singh, and Gurdeep Singh (all Non-Executive Directors), and Umang Agrawal (Company Secretary and Compliance Officer).

As of March 2023, the management team of Harmony Capital includes the following individuals:<BR><BR>1. Anish Sharma - Chairman, Managing Director, and Chief Financial Officer<BR>2. Ritika Sharma - Non-Executive and Non-Independent Director<BR>3. Parminder Singh - Non-Executive and Non-Independent Director<BR>4. Gurdeep Singh - Non-Executive and Non-Independent Director<BR>5. Umang Agrawal - Company Secretary and Compliance Officer<BR><BR>These members play various roles within the company, contributing to its governance and compliance.

Is Harmony Capital overvalued or undervalued?

As of November 12, 2024, Harmony Capital is rated as risky due to its negative PE ratio of -18.37, ROCE of -60.00%, and a high price-to-book value of 18.37, indicating overvaluation and significant profitability issues compared to peers like Altius Telecom, despite a recent stock performance that outpaced the Sensex.

As of 12 November 2024, Harmony Capital's valuation grade has moved from does not qualify to risky, indicating a significant shift in its perceived investment quality. The company appears to be overvalued, given its negative PE ratio of -18.37 and ROCE of -60.00%, which suggest severe profitability issues. Additionally, the price to book value stands at an alarming 18.37, further highlighting the disconnect between market valuation and underlying financial health.<BR><BR>When compared to peers, Harmony Capital's valuation metrics starkly contrast with those of Altius Telecom, which boasts a PE ratio of 52.97 and is rated very attractive. Other peers like Embassy Off.REIT and Inventurus Knowledge are categorized as very expensive with PE ratios of 23.06 and 56.63, respectively. This peer comparison underscores Harmony Capital's precarious position in the market. Despite its recent stock performance, which outpaced the Sensex with a 1-month return of 41.67% compared to the Sensex's 3.87%, the underlying financial ratios suggest that investors should approach this stock with caution.

What is the technical trend for Harmony Capital?

As of June 4, 2025, Harmony Capital shows a mildly bullish trend driven by daily moving averages, despite mixed signals from weekly and monthly indicators.

As of 4 June 2025, the technical trend for Harmony Capital has changed from does not qualify to mildly bullish. The current stance is mildly bullish, primarily driven by the daily moving averages indicating bullish momentum. However, the weekly and monthly MACD and KST are mildly bearish, suggesting some caution. The Bollinger Bands are bullish on both weekly and monthly time frames, supporting the positive outlook. Dow Theory also aligns with a mildly bullish stance on both weekly and monthly charts. Overall, while there are mixed signals, the daily indicators provide a stronger bullish bias.

Who are the top shareholders of the Harmony Capital?

The top shareholder of Harmony Capital is Anish Sharma, owning 73.04% of the shares, while individual investors hold 20.9%. There are no mutual funds, foreign institutional investors, or pledged promoter holdings.

The top shareholder of Harmony Capital is Anish Sharma, who holds a significant 73.04% of the company's shares. The majority of the remaining shares are held by individual investors, who collectively own 20.9%. There are no mutual funds or foreign institutional investors currently holding shares in the company, and there are no pledged promoter holdings.

how big is Harmony Capital?

As of Jun 04, Harmony Capital Services Ltd has a market capitalization of 18.00 Cr, with net sales of 0.00 Cr and a net profit of -0.44 Cr over the latest four quarters. The standalone balance sheet as of Mar'24 shows shareholder's funds of 1.34 Cr and total assets of 1.88 Cr.

As of Jun 04, Harmony Capital Services Ltd has a market capitalization of 18.00 Cr, categorizing it as a Micro Cap company.<BR><BR>As of Jun 04, the company reported net sales of 0.00 Cr and a net profit of -0.44 Cr for the latest four quarters, which includes the periods ending in Mar'25, Dec'24, Jun'24, and Mar'24. This data is based on standalone financials.<BR><BR>As of Mar'24, the standalone balance sheet shows shareholder's funds of 1.34 Cr and total assets of 1.88 Cr. This reflects the latest annual reporting period for the company.

Has Harmony Capital declared dividend?

No Dividend History Available

Who are the peers of the Harmony Capital?

Harmony Capital's peers include International Ge, CMS Info Systems, NESCO, SIS, Nirlon, Disha Resources, R R Securities, Arihant's Securities, and Golech.Global.Fin. Disha Resources has the highest 1-year return at 44.20%, while SIS has the lowest at -13.33%, with Harmony Capital's return at 29.13%.

Peers: The peers of Harmony Capital are International Ge, CMS Info Systems, NESCO, SIS, Nirlon, Disha Resources, R R Securities, Arihant's Secur., and Golech.Glob.Fin.<BR><BR>Quality Snapshot: Excellent management risk is observed at International Ge and the rest. Good management risk is found at CMS Info Systems and Nirlon, while Average management risk is present at NESCO and SIS. Below Average management risk is noted for Disha Resources, Arihant's Secur., and Golech.Glob.Fin. Growth is Average at Nirlon and Arihant's Secur., while Below Average growth is seen at CMS Info Systems, NESCO, SIS, and Disha Resources. Excellent capital structure is noted for International Ge, CMS Info Systems, NESCO, Disha Resources, and Arihant's Secur., while Good capital structure is found at SIS, and Below Average capital structure is observed at Nirlon, Golech.Glob.Fin., and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Disha Resources at 44.20%, while the lowest is SIS at -13.33%. Harmony Capital's 1-year return is 29.13%, which is higher than SIS but lower than Disha Resources. Additionally, the peers with negative six-month returns include NESCO, SIS, Disha Resources, and Golech.Glob.Fin.

Should I buy, sell or hold Harmony Capital?