Why is Harish Textile Engineers Ltd ?
1
High Debt company with Weak Long Term Fundamental Strength
- Poor long term growth as Net Sales has grown by an annual rate of 14.21% over the last 5 years
- High Debt Company with a Debt to Equity ratio (avg) at 3.94 times
- The company has been able to generate a Return on Capital Employed (avg) of 9.84% signifying low profitability per unit of total capital (equity and debt)
2
Underperformed the market in the last 1 year
- Even though the market (BSE500) has generated returns of 2.42% in the last 1 year, the stock has hugely underperformed and has generate negative returns of -34.30% returns
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Industrial Manufacturing)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Harish Textile for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Harish Textile
-31.6%
-0.54
63.19%
Sensex
4.31%
0.45
11.83%
Quality key factors
Factor
Value
Sales Growth (5y)
14.21%
EBIT Growth (5y)
35.33%
EBIT to Interest (avg)
0.96
Debt to EBITDA (avg)
6.58
Net Debt to Equity (avg)
2.81
Sales to Capital Employed (avg)
2.61
Tax Ratio
25.34%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.05%
ROCE (avg)
8.84%
ROE (avg)
13.90%
Valuation Key Factors 
Factor
Value
P/E Ratio
6
Industry P/E
77
Price to Book Value
1.84
EV to EBIT
6.40
EV to EBITDA
5.27
EV to Capital Employed
1.22
EV to Sales
0.39
PEG Ratio
0.02
Dividend Yield
NA
ROCE (Latest)
19.08%
ROE (Latest)
29.90%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bullish
Mildly Bearish
Dow Theory
Mildly Bullish
No Trend
Technical Movement
23What is working for the Company
ROCE(HY)
Highest at 20.04%
PBDIT(Q)
Highest at Rs 3.15 cr.
OPERATING PROFIT TO NET SALES(Q)
Highest at 8.99%
PBT LESS OI(Q)
Highest at Rs 1.45 cr.
PAT(9M)
Higher at Rs 3.70 Cr
-1What is not working for the Company
DEBTORS TURNOVER RATIO(HY)
Lowest at 4.60 times
Loading Valuation Snapshot...
Here's what is working for Harish Textile
Profit After Tax (PAT) - Latest six months
At Rs 2.18 cr has Grown at 344.94%
Year on Year (YoY)MOJO Watch
PAT trend is very positive
PAT (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 3.15 cr. and Grown
each quarter in the last five quartersMOJO Watch
Near term Operating Profit trend is quite positive
Operating Profit (Rs Cr)
Operating Profit Margin - Quarterly
Highest at 8.99% and Grown
each quarter in the last five quartersMOJO Watch
Company's efficiency has improved
Operating Profit to Sales
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 1.45 cr. and Grown
each quarter in the last five quartersMOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Latest six months
Higher at Rs 2.18 cr
than preceding 12 month period ended Sep 2025 of Rs 0.24 crMOJO Watch
In the half year the company has already crossed PAT of the previous twelve months
PAT (Rs Cr)
Here's what is not working for Harish Textile
Debtors Turnover Ratio- Half Yearly
Lowest at 4.60 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio






