Harsha Engg Intl

Why is Harsha Engineers International Ltd falling/rising?

As of 04-Aug, Harsha Engineers International Ltd's stock price is at 407.75, showing a slight decline but has outperformed its sector recently. Despite mixed long-term performance and declining investor participation, the company's strong financial metrics indicate potential for recovery.

As of 04-Aug, Harsha Engineers International Ltd's stock price is currently at 407.75, reflecting a slight decline of 0.3 points or 0.07%. Despite this minor drop, the stock has shown some positive trends recently, having outperformed its sector by 1.64% today and experiencing a consecutive gain over the last three days, with a total return of 3.26% during this period.<BR><BR>However, the stock's performance over longer periods indicates mixed results. Over the past week, it has gained 0.65%, but it has seen a decline of 2.41% over the past month. Year-to-date, the stock has performed well with an increase of 8.06%, contrasting with the Sensex's decline of 7.97%. This suggests that while the stock has had a strong start to the year, recent trends indicate some volatility.<BR><BR>Investor participation appears to be declining, as evidenced by a 27.99% drop in delivery volume compared to the five-day average. This decrease in trading activity could contribute to the stock's current price movement. Additionally, while the stock is trading above its 5-day, 100-day, and 200-day moving averages, it is below its 20-day and 50-day moving averages, which may signal a short-term weakening trend.<BR><BR>Financially, the company has shown strong growth in key metrics, such as a 50.6% increase in profit before tax and a 24.2% increase in net sales compared to previous quarters. Despite the stock's recent price decline, the company's fundamentals remain solid, with a low debt-to-equity ratio and a favorable price-to-book value ratio, indicating that it is trading at a fair value compared to its peers.<BR><BR>In summary, while Harsha Engineers International Ltd is currently experiencing a slight decline in stock price, recent performance trends and strong financial results suggest that the stock has potential for recovery, although declining investor participation may pose challenges in the short term.

Which are the latest news on Harsha Engg Intl?

Should I buy, sell or hold Harsha Engineers International Ltd?

What does Harsha Engg Intl do?

Harsha Engineers International Ltd, a small-cap company in the Other Industrial Products industry, reported net sales of 474 Cr and a net profit of 47 Cr for the quarter ending March 2026. It was incorporated in 2010 and has a market cap of INR 3,685 Cr.

Overview:<BR>Harsha Engineers International Ltd operates in the Other Industrial Products industry and is categorized as a Small Cap company.<BR><BR>History:<BR>The company was incorporated in 2010 as a Private Limited Company and later changed its name to Harsha Engineers International Private Limited in December 2021. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 474 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 47 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 3,685 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 23.00 <BR>Industry P/E: 37 <BR>Dividend Yield: 0.25% <BR>Debt-Equity: 0.06 <BR>Return on Equity: 11.07% <BR>Price to Book: 2.57 <BR><BR>Contact Details:<BR>Details: No Company Details Available <BR>Registrar Address: Not available.

How big is Harsha Engg Intl?

As of 10th June, Harsha Engineers International Ltd has a market capitalization of 3,685.00 Cr, with recent Net Sales of 1,626.79 Cr and a Net Profit of 155.20 Cr. Shareholder's Funds are valued at 1,254.14 Cr, and Total Assets amount to 1,691.06 Cr.

As of 10th June, Harsha Engineers International Ltd has a market capitalization of 3,685.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 1,626.79 Cr and a Net Profit of 155.20 Cr.<BR><BR>For the latest annual period, the Shareholder's Funds were valued at 1,254.14 Cr, while the Total Assets amounted to 1,691.06 Cr.

Who are in the management team of Harsha Engg Intl?

The management team of Harsha Engg Intl includes Rajendra S Shah (Chairman), Harish Rangwala (Managing Director), Vishal Rangwala (CEO), and several independent directors, along with Kiran Mohanty as Company Secretary. They oversee the company's operations and strategic direction.

The management team of Harsha Engg Intl includes the following key individuals:<BR><BR>1. **Rajendra S Shah** - Chairman & Wholetime Director<BR>2. **Harish Rangwala** - Managing Director<BR>3. **Vishal Rangwala** - Whole Time Director & CEO<BR>4. **Pilak Rajendra Shah** - Whole Time Director & COO<BR>5. **Hetal Brijesh Ukani** - Whole-time Director<BR>6. **Ambar J Patel** - Independent Director<BR>7. **Neharika Vohra** - Independent Director<BR>8. **Kunal Dilipbhai Shah** - Independent Director<BR>9. **Bhushan Chelaram Punani** - Independent Director<BR>10. **Ramakrishnan Kasinathan** - Independent Director<BR>11. **Kiran Mohanty** - Company Secretary & Compliance Officer<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

Who are the peers of the Harsha Engg Intl?

Harsha Engg Intl's peers include PTC Industries, Inox India, Esab India, KRN Heat Exchan, Kirloskar Indus., Ador Welding, Diffusion Eng, Oriental Rail, and Mallcom (India). In terms of management risk, growth, and capital structure, Harsha Engg Intl is rated average, with a 1-year return of 1.25%.

Peers: The peers of Harsha Engg Intl are PTC Industries, Inox India, Esab India, KRN Heat Exchan, Kirloskar Indus., Ador Welding, Diffusion Eng, Oriental Rail, and Mallcom (India).<BR><BR>Quality Snapshot: Excellent management risk is observed at Inox India and Esab India, while Good management risk is found at KRN Heat Exchan and Ador Welding, and Average management risk is seen at PTC Industries, Harsha Engg Intl, Kirloskar Indus., Diffusion Eng, Oriental Rail, and Mallcom (India). Growth is rated as Excellent for Ador Welding, Good for PTC Industries, KRN Heat Exchan, and Esab India, while Average growth is noted for Kirloskar Indus., and Below Average growth is seen at Harsha Engg Intl, Inox India, Diffusion Eng, and Mallcom (India). Capital Structure is Excellent for Inox India, Esab India, KRN Heat Exchan, Harsha Engg Intl, Ador Welding, and Mallcom (India), while Good capital structure is found at PTC Industries and Kirloskar Indus., and Below Average at Oriental Rail.<BR><BR>Return Snapshot: Inox India has the highest 1-year return at 50.38%, while Kirloskar Indus. has the lowest at -19.74%, with Harsha Engg Intl's 1-year return of 1.25% being significantly lower than Inox India’s and higher than Kirloskar Indus. Additionally, the six-month return is negative for Kirloskar Indus., Oriental Rail, and Mallcom (India).

Are Harsha Engineers International Ltd latest results good or bad?

Harsha Engineers International Ltd's latest quarterly results show strong growth with a 27.06% increase in net sales and a 40.57% rise in net profit. However, concerns about long-term growth and low return on equity suggest a cautious approach, recommending a "hold" for current investors and advising new investors to wait for clearer signs of sustained growth.

Harsha Engineers International Ltd's latest results present a mixed picture. On one hand, the company reported a strong performance in Q4 FY26, with net sales reaching ₹473.91 crores, reflecting a 27.06% year-on-year growth and a 15.80% increase from the previous quarter. The net profit also showed significant improvement, rising to ₹47.23 crores, a 40.57% increase quarter-on-quarter. Additionally, the operating margin improved to 15.49%, the highest in eight quarters, indicating better cost management.<BR><BR>However, despite these positive quarterly results, there are underlying concerns regarding the company's long-term growth potential. Over the past five years, Harsha Engineers has experienced modest annual sales growth of just 3.18%, and its return on equity (ROE) of 9.61% falls below industry standards. This raises questions about the sustainability of the recent performance and the company's ability to generate adequate returns on invested capital.<BR><BR>In summary, while the latest quarterly results are strong and reflect operational improvements, the long-term growth challenges and capital efficiency issues suggest that investors should approach with caution. The overall assessment leans towards a "hold" recommendation for existing investors, while new investors may want to wait for clearer signs of sustained growth before entering.

Is Harsha Engg Intl technically bullish or bearish?

As of December 1, 2025, Harsha Engg Intl has shifted to a bearish trend, indicated by negative signals from multiple technical indicators, including the MACD, Bollinger Bands, and moving averages, alongside a year-to-date return of -22.61% compared to the Sensex's 9.60%.

As of 1 December 2025, the technical trend for Harsha Engg Intl has changed from sideways to bearish. The current technical stance is bearish with a strong indication from multiple indicators. The weekly MACD is bearish, supported by bearish signals from both the Bollinger Bands and the daily moving averages. The KST is also bearish on a weekly basis. There are no significant signals from the RSI or Dow Theory, indicating a lack of upward momentum. Overall, the bearish sentiment is reinforced by the stock's poor performance relative to the Sensex over various time frames, particularly the year-to-date return of -22.61% compared to the Sensex's 9.60%.

How has been the historical performance of Harsha Engg Intl?

Harsha Engg Intl has shown steady growth in net sales and total operating income, increasing from 1,321.48 Cr in Mar'22 to 1,407.65 Cr in Mar'25, but faced declining profitability with profit after tax dropping from 123.28 Cr to 89.31 Cr. Total assets rose significantly, while cash flow from operating activities improved from 36.00 Cr to 206.00 Cr, indicating better cash generation capabilities.

Answer:<BR>The historical performance of Harsha Engg Intl shows a steady growth in net sales and total operating income over the past four years, with net sales increasing from 1,321.48 Cr in Mar'22 to 1,407.65 Cr in Mar'25. The total operating income followed a similar trend, rising from 1,321.48 Cr to 1,407.65 Cr during the same period. However, the operating profit (PBDIT) exhibited fluctuations, peaking at 219.08 Cr in Mar'23 and then declining to 212.67 Cr in Mar'25. Profit before tax also saw a decrease from 167.12 Cr in Mar'23 to 135.68 Cr in Mar'25, while profit after tax dropped from 123.28 Cr to 89.31 Cr in the same timeframe. The earnings per share (EPS) decreased from 13.54 in Mar'23 to 9.81 in Mar'25, reflecting a decline in profitability. On the balance sheet, total assets grew from 1,158.26 Cr in Mar'22 to 1,691.06 Cr in Mar'25, with total liabilities also increasing from 1,158.26 Cr to 1,691.06 Cr. The company maintained a stable equity capital of 91.04 Cr over the last two years, while reserves significantly increased from 444.61 Cr in Mar'22 to 1,163.10 Cr in Mar'25. Cash flow from operating activities improved from 36.00 Cr in Mar'22 to 206.00 Cr in Mar'25, indicating better cash generation capabilities.<BR><BR>Breakdown:<BR>Harsha Engg Intl has demonstrated a consistent upward trajectory in net sales and total operating income, with figures rising from 1,321.48 Cr in Mar'22 to 1,407.65 Cr in Mar'25. Despite this growth, the operating profit (PBDIT) has fluctuated, reaching a high of 219.08 Cr in Mar'23 before declining to 212.67 Cr in Mar'25. Profit before tax and profit after tax both decreased over the same period, indicating challenges in maintaining profitability, with profit after tax falling from 123.28 Cr to 89.31 Cr. The company's earnings per share also declined, reflecting the impact of reduced profits. On the balance sheet, total assets increased significantly, from 1,158.26 Cr to 1,691.06 Cr, alongside a rise in total liabilities, which mirrored this growth. The equity capital remained stable, while reserves saw substantial growth, indicating a strengthening financial position. Cash flow from operating activities improved markedly, showcasing enhanced cash generation from operations.

Is Harsha Engg Intl overvalued or undervalued?

As of November 24, 2025, Harsha Engg Intl is considered undervalued with a PE Ratio of 28.01, significantly lower than its expensive peers like Thermax and BEML Ltd, and despite a year-to-date return of -22.08% compared to the Sensex's 8.65%, it shows potential for recovery and growth.

As of 24 November 2025, Harsha Engg Intl has moved from a fair to a very attractive valuation grade, indicating a significant improvement in its perceived value. The company is currently considered undervalued. Key ratios include a PE Ratio of 28.01, an EV to EBITDA of 19.15, and a PEG Ratio of 0.00, which suggests that the stock may be undervalued relative to its growth prospects.<BR><BR>In comparison to its peers, Harsha Engg Intl's PE Ratio is notably lower than that of Thermax, which stands at 57.24, and BEML Ltd at 51.32, both of which are categorized as expensive. This reinforces the notion that Harsha Engg Intl is positioned favorably within its industry. Additionally, the company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -22.08% compared to the Sensex's 8.65%, further suggesting potential for recovery and growth.

Who are the top shareholders of the Harsha Engg Intl?

The top shareholders of Harsha Engg International include promoter Shah Rajendra Shantilal with 13.09%, mutual funds holding 11.72% (led by DSP Small Cap Fund at 7.17%), individual investors at 10.47%, and foreign institutional investors with a combined stake of 0.88%.

The top shareholders of Harsha Engg International include the promoters, who hold the majority of the shares. The promoter with the highest holding is Shah Rajendra Shantilal, owning 13.09%. Additionally, mutual funds hold 11.72% of the shares across three schemes, with the highest public shareholder being DSP Small Cap Fund at 7.17%. Individual investors collectively hold 10.47%, while foreign institutional investors (FIIs) have a smaller stake of 0.88% held by 23 different FIIs.

When is the next results date for Harsha Engg Intl?

No Upcoming Board Meetings

Has Harsha Engg Intl declared dividend?

Harsha Engineers International Ltd has declared a 10% dividend, amounting to ₹1 per share, with an ex-date of September 9, 2024. Despite the dividend declaration, the company has experienced negative total returns in the short term, with modest positive returns over longer periods.

Harsha Engineers International Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1 per share<BR>- Ex-date: 09 Sep 24<BR><BR>Dividend Yield: 0.24%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -18.91%, the dividend return was 0%, resulting in a total return of -18.91%.<BR><BR>Over the past year, the price return was -11.28%, the dividend return was 0.18%, leading to a total return of -11.1%.<BR><BR>In the 2-year period, the price return was 0.9%, the dividend return was 0.45%, culminating in a total return of 1.35%.<BR><BR>For the 3-year period, there was no price return or dividend return, resulting in a total return of 0.0%.<BR><BR>In the 4-year period, both the price return and dividend return were 0%, leading to a total return of 0.0%.<BR><BR>Over the last 5 years, there was again no price return or dividend return, resulting in a total return of 0.0%.<BR><BR>Overall, while Harsha Engineers International Ltd has declared a dividend, the total returns over various periods indicate a mixed performance, with negative returns in the short term and modest positive returns over the longer term.