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 8.58% over the last 5 years
- High Debt Company with a Debt to Equity ratio (avg) of 3.59 times
- The company has been able to generate a Return on Equity (avg) of 9.72% signifying low profitability per unit of shareholders funds
2
The company has declared Positive results for the last 6 consecutive quarters
- ROCE(HY) Highest at 25.31%
- NET SALES(Q) Highest at Rs 39.44 cr
- PAT(9M) Higher at Rs 4.26 Cr
3
With ROCE of 25, it has a Very Attractive valuation with a 1.2 Enterprise value to Capital Employed
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 10.54%, its profits have risen by 300% ; the PEG ratio of the company is 0
4
Majority shareholders : Non Institution
5
Market Beating Performance
- Even though the market (BSE500) has generated negative returns of -2.22% in the last 1 year, the stock has been able to generate 10.54% returns
How much should you hold?
- Overall Portfolio exposure to Harish Textile should be less than 10%
- Overall Portfolio exposure to Industrial Manufacturing should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Industrial Manufacturing)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Harish Textile for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Harish Textile
10.54%
0.19
54.66%
Sensex
-8.95%
-0.66
13.60%
Quality key factors
Factor
Value
Sales Growth (5y)
8.58%
EBIT Growth (5y)
27.73%
EBIT to Interest (avg)
1.25
Debt to EBITDA (avg)
6.00
Net Debt to Equity (avg)
2.03
Sales to Capital Employed (avg)
2.70
Tax Ratio
26.26%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.05%
ROCE (avg)
10.98%
ROE (avg)
9.72%
Valuation Key Factors 
Factor
Value
P/E Ratio
4
Industry P/E
55
Price to Book Value
1.48
EV to EBIT
4.52
EV to EBITDA
3.92
EV to Capital Employed
1.16
EV to Sales
0.35
PEG Ratio
0.01
Dividend Yield
NA
ROCE (Latest)
25.03%
ROE (Latest)
36.57%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Sideways
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
Technical Movement
12What is working for the Company
ROCE(HY)
Highest at 25.31%
NET SALES(Q)
Highest at Rs 39.44 cr
PAT(9M)
Higher at Rs 4.26 Cr
-2What is not working for the Company
PBT LESS OI(Q)
Lowest at Rs 1.24 cr.
EPS(Q)
Lowest at Rs 2.69
Loading Valuation Snapshot...
Here's what is working for Harish Textile
Profit After Tax (PAT) - Nine Monthly
At Rs 4.26 cr has Grown at 86.03%
Year on Year (YoY)MOJO Watch
PAT trend is very positive
PAT (Rs Cr)
Net Sales - Quarterly
Highest at Rs 39.44 cr and Grown
each quarter in the last five quartersMOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Profit After Tax (PAT) - Nine Monthly
Higher at Rs 4.26 Cr
than preceding 12 month period ended Jun 2026 of Rs 3.31 crMOJO Watch
In the nine month period the company has already crossed sales of the previous twelve months
PAT (Rs Cr)
Here's what is not working for Harish Textile
Profit Before Tax less Other Income (PBT) - Quarterly
Lowest at Rs 1.24 cr.
in the last five quartersMOJO Watch
Near term PBT trend is negative
PBT less Other Income (Rs Cr)
Earnings per Share (EPS) - Quarterly
Lowest at Rs 2.69
in the last five quartersMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (Rs)
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