Harsha Engg Intl

  • Market Cap: Small Cap
  • Industry: Other Industrial Products
  • ISIN: INE0JUS01029
  • NSEID: HARSHA
  • BSEID: 543600
INR
440.45
6.6 (1.52%)
BSENSE

Sep 18, 03:30 PM

BSE+NSE Vol: 98.26 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
KRN Heat Exchan
Ador Welding
Esab India
Action Const.Eq.
Diffusion Eng
Ajax Engineering
Kirloskar Indus.
Harsha Engg Intl
Sanghvi Movers
TIL
Emkay Tools

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 5.02% and Operating profit at 9.25% over the last 5 years
3
Flat results in Jun 26
  • INTEREST(Latest six months) At Rs 11.63 cr has Grown at 47.40%
  • OPERATING PROFIT TO INTEREST (Q) Lowest at 11.57 times
  • DEBT-EQUITY RATIO(HY) Highest at 0.27 times
4
With ROE of 11.1, it has a Attractive valuation with a 2.9 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 5.71%, its profits have risen by 30.1% ; the PEG ratio of the company is 0.9
5
Majority shareholders : Promoters
stock-recommendationReal-Time Research Report

Verdict Report

How much should you hold?

  1. Overall Portfolio exposure to Harsha Engg Intl should be less than 10%
  2. 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
5.74%
0.18
31.98%
Sensex
-10.5%
-0.78
13.50%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
5.02%
EBIT Growth (5y)
9.25%
EBIT to Interest (avg)
11.22
Debt to EBITDA (avg)
1.35
Net Debt to Equity (avg)
0.06
Sales to Capital Employed (avg)
1.03
Tax Ratio
28.13%
Dividend Payout Ratio
10.19%
Pledged Shares
0
Institutional Holding
14.81%
ROCE (avg)
13.36%
ROE (avg)
10.35%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
26
Industry P/E
42
Price to Book Value
2.87
EV to EBIT
20.37
EV to EBITDA
16.33
EV to Capital Employed
2.77
EV to Sales
2.39
PEG Ratio
0.87
Dividend Yield
0.34%
ROCE (Latest)
13.02%
ROE (Latest)
11.07%
Loading Valuation Snapshot...
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Bearish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Mildly Bullish
No Trend
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

14What is working for the Company
PAT(Latest six months)

At Rs 84.61 cr has Grown at 138.07%

NET SALES(Latest six months)

At Rs 931.34 cr has Grown at 26.15%

-10What is not working for the Company
INTEREST(Latest six months)

At Rs 11.63 cr has Grown at 47.40%

OPERATING PROFIT TO INTEREST (Q)

Lowest at 11.57 times

DEBT-EQUITY RATIO(HY)

Highest at 0.27 times

Loading Valuation Snapshot...

Here's what is working for Harsha Engg Intl

Profit After Tax (PAT) - Latest six months
At Rs 84.61 cr has Grown at 138.07%
Year on Year (YoY)
MOJO Watch
PAT trend is very positive

PAT (Rs Cr)

Net Sales - Latest six months
At Rs 931.34 cr has Grown at 26.15%
Year on Year (YoY)
MOJO Watch
Near term sales trend is positive

Net Sales (Rs Cr)

Here's what is not working for Harsha Engg Intl

Interest - Latest six months
At Rs 11.63 cr has Grown at 47.40%
over previous Half yearly period
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (Rs cr)

Operating Profit to Interest - Quarterly
Lowest at 11.57 times
in the last five quarters
MOJO Watch
The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Debt-Equity Ratio - Half Yearly
Highest at 0.27 times
in the last five half yearly periods
MOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed

Debt-Equity Ratio