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
With a growth in Operating Profit of 15.77%, the company declared Very Positive results in Sep 25
- The company has declared positive results for the last 3 consecutive quarters
- PAT(Latest six months) Higher at Rs 2.18 cr
- ROCE(HY) Highest at 20.04%
- PBDIT(Q) Highest at Rs 3.15 cr.
3
With ROCE of 19.1, 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 -19.28%, its profits have risen by 288.1% ; the PEG ratio of the company is 0
4
Majority shareholders : Non Institution
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, Low Return
Absolute
Risk Adjusted
Volatility
Harish Textile
-19.28%
-0.30
63.84%
Sensex
10.41%
0.90
11.52%
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
81
Price to Book Value
1.85
EV to EBIT
6.41
EV to EBITDA
5.28
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
Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Sideways
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bullish
Technical Movement
23What is working for the Company
PAT(Latest six months)
Higher at Rs 2.18 cr
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.
-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






