Why is Harsha Engineers International Ltd ?
1
Company has a Debt to Equity ratio (avg) of 0.01 times
2
Poor long term growth as Net Sales has grown by an annual rate of 6.05% and Operating profit at 8.01% over the last 5 years
3
Positive results in Mar 26
- NET SALES(Q) Highest at Rs 473.91 cr
- PBDIT(Q) Highest at Rs 73.41 cr.
- OPERATING PROFIT TO NET SALES(Q) Highest at 15.49%
4
With ROE of 11.1, it has a Very Attractive valuation with a 2.7 Price to Book Value
- The stock is trading at a fair value compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 15.13%, its profits have risen by 32.7% ; the PEG ratio of the company is 0.7
5
Increasing Participation by Institutional Investors
- Institutional investors have increased their stake by 1.97% over the previous quarter and collectively hold 14.8% of the company
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors
6
Market Beating Performance
- The stock has generated a return of 15.13% in the last 1 year, much higher than market (BSE500) returns of 4.62%
How much should you hold?
- Overall Portfolio exposure to Harsha Engg Intl should be less than 10%
- Overall Portfolio exposure to Other Industrial Products should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Other Industrial Products)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Harsha Engg Intl for you?
Medium Risk, High Return
Absolute
Risk Adjusted
Volatility
Harsha Engg Intl
15.13%
0.45
33.27%
Sensex
-4.33%
-0.32
13.49%
Quality key factors
Factor
Value
Sales Growth (5y)
6.05%
EBIT Growth (5y)
8.01%
EBIT to Interest (avg)
12.28
Debt to EBITDA (avg)
1.35
Net Debt to Equity (avg)
0.06
Sales to Capital Employed (avg)
1.03
Tax Ratio
27.90%
Dividend Payout Ratio
8.17%
Pledged Shares
0
Institutional Holding
14.80%
ROCE (avg)
13.36%
ROE (avg)
10.35%
Valuation Key Factors 
Factor
Value
P/E Ratio
24
Industry P/E
40
Price to Book Value
2.65
EV to EBIT
19.67
EV to EBITDA
15.84
EV to Capital Employed
2.56
EV to Sales
2.33
PEG Ratio
0.73
Dividend Yield
0.25%
ROCE (Latest)
13.02%
ROE (Latest)
11.07%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
No Trend
Mildly Bullish
OBV
No Trend
Mildly Bullish
Technical Movement
23What is working for the Company
NET SALES(Q)
Highest at Rs 473.91 cr
PBDIT(Q)
Highest at Rs 73.41 cr.
OPERATING PROFIT TO NET SALES(Q)
Highest at 15.49%
PBT LESS OI(Q)
Highest at Rs 54.85 cr.
PAT(Q)
Highest at Rs 47.23 cr.
EPS(Q)
Highest at Rs 5.19
-10What is not working for the Company
DEBT-EQUITY RATIO(HY)
Highest at 0.27 times
INTEREST(Q)
Highest at Rs 5.80 cr
Loading Valuation Snapshot...
Here's what is working for Harsha Engg Intl
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 54.85 cr has Grown at 50.6% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 36.43 CrMOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 47.23 cr has Grown at 78.9% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 26.40 CrMOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Net Sales - Quarterly
Highest at Rs 473.91 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Net Sales - Quarterly
At Rs 473.91 cr has Grown at 24.2% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 381.46 CrMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 73.41 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Operating Profit Margin - Quarterly
Highest at 15.49%
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 54.85 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
Highest at Rs 47.23 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 5.19
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)
Here's what is not working for Harsha Engg Intl
Interest - Quarterly
Highest at Rs 5.80 cr
in the last five quarters and Increased by 19.83 % (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
Debt-Equity Ratio - Half Yearly
Highest at 0.27 times
in the last five half yearly periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio






