Why is Harsha Engineers International Ltd ?
1
Poor long term growth as Operating profit has grown by an annual rate -1.17% of over the last 5 years
2
Flat results in Sep 25
- PAT(9M) At Rs 71.98 cr has Grown at -29.29%
- ROCE(HY) Lowest at 11.28%
- CASH AND CASH EQUIVALENTS(HY) Lowest at Rs 22.66 cr
3
Below par performance in long term as well as near term
- Along with generating -30.46% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
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 Other Industrial Products)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Harsha Engg Intl for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Harsha Engg Intl
-30.46%
-0.89
34.26%
Sensex
4.81%
0.41
11.83%
Quality key factors
Factor
Value
Sales Growth (5y)
1.03%
EBIT Growth (5y)
-1.17%
EBIT to Interest (avg)
12.33
Debt to EBITDA (avg)
1.32
Net Debt to Equity (avg)
0.03
Sales to Capital Employed (avg)
1.04
Tax Ratio
32.92%
Dividend Payout Ratio
8.17%
Pledged Shares
0
Institutional Holding
12.87%
ROCE (avg)
13.38%
ROE (avg)
10.04%
Valuation Key Factors 
Factor
Value
P/E Ratio
27
Industry P/E
34
Price to Book Value
2.64
EV to EBIT
24.15
EV to EBITDA
18.75
EV to Capital Employed
2.59
EV to Sales
2.41
PEG Ratio
NA
Dividend Yield
0.26%
ROCE (Latest)
10.71%
ROE (Latest)
9.61%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bullish
Technical Movement
5What is working for the Company
PAT(Q)
At Rs 36.44 cr has Grown at 59.8% (vs previous 4Q average
NET SALES(Q)
Highest at Rs 378.34 cr
PBT LESS OI(Q)
At Rs 39.12 cr has Grown at 24.6% (vs previous 4Q average
-9What is not working for the Company
PAT(9M)
At Rs 71.98 cr has Grown at -29.29%
ROCE(HY)
Lowest at 11.28%
CASH AND CASH EQUIVALENTS(HY)
Lowest at Rs 22.66 cr
DEBTORS TURNOVER RATIO(HY)
Lowest at 4.25 times
Loading Valuation Snapshot...
Here's what is working for Harsha Engg Intl
Profit After Tax (PAT) - Quarterly
At Rs 36.44 cr has Grown at 59.8% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 22.80 CrMOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Net Sales - Quarterly
Highest at Rs 378.34 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 39.12 cr has Grown at 24.6% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 31.39 CrMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Here's what is not working for Harsha Engg Intl
Cash and Cash Equivalents - Half Yearly
Lowest at Rs 22.66 cr
in the last six half yearly periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents
Debtors Turnover Ratio- Half Yearly
Lowest at 4.25 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio






