Harsha Engineers International Limited HARSHA NSEINFRA
Company Overview
Harsha Engineers International Limited engages in the manufacture and sale of precision bearing cages and high precision engineered components in India and internationally. It operates through Engineering & Others, and Solar-EPC and O&M segments. The Engineering & Others segment engages in the design, tooling, development, manufacture, procurement, sale, and servicing of bearing cages and stamp components. The Solar-EPC and O&M segment is involved in the engineering, design, development, procurement, construction, erection, installation, commissioning, operation, and maintenance of solar power projects. It also offers brass, steel, and polyamide cages. Its products are used in automotive, industrial, wind, railway, and aerospace components. The company was formerly known as Harsha Engineers International Private Limited and changed its name to Harsha Engineers International Limited in January 2022. Harsha Engineers International Limited was founded in 1986 and is based in Ahmedabad, India.
Why Investors Should Care
Trades at a P/E of 24.7, below the sector median of 29.6.
Carries low leverage with a debt-to-equity ratio of 0.27.
Recent Developments
- Mar 2026 Revenue of ₹1,616.78 Cr (+15.6% YoY); net profit ₹155.20 Cr.
- Trailing 12 Months Year-on-year growth — revenue +15.6%, earnings +73.8%.
- 5-Year Trend Long-term compounding — revenue CAGR 5.8%, profit CAGR 8.0%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 5.83% |
| 1 Year: | 15.57% |
Compounded Profit Growth
| 5 Years: | 7.98% |
| 1 Year: | 73.78% |
Stock Price Performance
| 1 Year: | +3.14% |
| 6 Months: | +9.96% |
| 3 Months: | +3.93% |
| 1 Month: | +0.80% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMAAbove
- RSI (14)52.64 · Neutral
P/E of 24.73 is below the sector median of 29.60 — relatively cheaper than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
No notable concerns flagged.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | HARSHA Harsha Engineers International Limited NSEINFRA | 421.65 | 24.73 | ₹3,838.87 Cr | 0.35% | 14.12% | 11.07% | 5.83% | 7.98% |
| 2 | LT Larsen & Toubro Limited NIFTY50NSEAIINFRA | 3,849.40 | 32.93 | ₹5.30 L Cr | 0.96% | 14.55% | 14.72% | 16.09% | 15.38% |
| 3 | ADANIPORTS Adani Ports and Special Economic Zone Limited NIFTY50NSEINFRA | 1,834.20 | 31.50 | ₹4.23 L Cr | 0.42% | 10.97% | 13.32% | 22.93% | 34.11% |
| 4 | BEL Bharat Electronics Limited NIFTY50NSEAIDEFENCEINFRAPSU | 410.75 | 56.42 | ₹3.00 L Cr | 1.05% | 31.88% | 25.27% | 16.63% | 26.64% |
| 5 | HAL Hindustan Aeronautics Limited NSEAIDEFENCEINFRAPSU | 4,463.30 | 32.75 | ₹2.98 L Cr | 0.44% | 13.80% | 22.21% | 7.87% | 16.08% |
| 6 | INDIGO InterGlobe Aviation Limited NSEINFRA | 5,202.50 | -84.07 | ₹2.01 L Cr | 0.24% | 4.02% | -34.31% | 16.59% | -227.40% |
| 7 | CUMMINSIND Cummins India Limited NSEINFRA | 5,535.50 | 64.97 | ₹1.53 L Cr | 1.17% | 34.95% | 27.87% | 16.07% | 24.35% |
| 8 | ABB ABB India Limited NSEAIINFRA | 6,951.50 | 88.30 | ₹1.47 L Cr | 0.58% | 28.45% | 21.29% | 15.41% | 17.97% |
| 9 | POWERINDIA Hitachi Energy India Limited NIFTY_MIDNSEINFRA | 33,005.00 | 148.92 | ₹1.47 L Cr | 0.02% | 24.92% | 19.09% | 22.24% | 119.12% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 344.00 Cr | 348.00 Cr | 339.00 Cr | 324.00 Cr | 380.00 Cr | 343.00 Cr | 353.00 Cr | 339.00 Cr | 372.97 Cr | 365.29 Cr | 378.34 Cr | 409.25 Cr | 473.91 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 201.80 Cr | 186.80 Cr | 193.07 Cr | 210.96 Cr | 258.17 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 171.17 Cr | 178.49 Cr | 185.27 Cr | 198.29 Cr | 215.74 Cr |
| Operating Expenses | 293.00 Cr | 306.00 Cr | 304.00 Cr | 285.00 Cr | 326.00 Cr | 288.00 Cr | 311.00 Cr | 296.00 Cr | 125.88 Cr | 133.25 Cr | 143.08 Cr | 153.00 Cr | 155.15 Cr |
| Operating Income | 42.00 Cr | 32.00 Cr | 25.00 Cr | 30.00 Cr | 45.00 Cr | 45.00 Cr | 32.00 Cr | 33.00 Cr | 45.29 Cr | 45.24 Cr | 42.19 Cr | 45.29 Cr | 60.59 Cr |
| EBITDA | 51.00 Cr | 42.00 Cr | 35.00 Cr | 40.00 Cr | 55.00 Cr | 55.00 Cr | 42.00 Cr | 43.00 Cr | 18.51 Cr | 66.16 Cr | 63.96 Cr | 64.10 Cr | 83.95 Cr |
| Interest Expense | 3.00 Cr | 3.00 Cr | 2.00 Cr | 3.00 Cr | 3.00 Cr | 3.00 Cr | 3.00 Cr | 2.00 Cr | 1.46 Cr | 2.57 Cr | 3.05 Cr | 4.84 Cr | 5.80 Cr |
| Pretax Income | 45.00 Cr | 34.00 Cr | 30.00 Cr | 38.00 Cr | 49.00 Cr | 50.00 Cr | 41.00 Cr | 37.00 Cr | 7.19 Cr | 53.06 Cr | 49.57 Cr | 47.23 Cr | 65.39 Cr |
| Tax Provision | 12.15 Cr | 9.18 Cr | 9.30 Cr | 8.36 Cr | 12.74 Cr | 14.00 Cr | 11.89 Cr | 10.36 Cr | 9.58 Cr | 15.13 Cr | 13.13 Cr | 13.63 Cr | 18.16 Cr |
| Net Income | 33.00 Cr | 25.00 Cr | 20.00 Cr | 30.00 Cr | 37.00 Cr | 36.00 Cr | 29.00 Cr | 27.00 Cr | -2.39 Cr | 37.93 Cr | 36.44 Cr | 33.60 Cr | 47.23 Cr |
| Diluted EPS | 3.58 | 2.70 | 2.24 | 3.26 | 4.04 | 3.96 | 3.18 | 2.93 | -0.26 | 4.17 | 4.00 | 3.69 | 5.19 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 886.00 Cr | 874.00 Cr | - | 1,364.02 Cr | 1,381.99 Cr | 1,399.00 Cr | 1,616.78 Cr |
| Cost of Revenue | - | - | - | 735.87 Cr | 910.73 Cr | 871.92 Cr | 1,003.73 Cr |
| Gross Profit | - | - | - | 628.15 Cr | 471.26 Cr | 527.08 Cr | 613.05 Cr |
| Operating Expenses | 799.00 Cr | 752.00 Cr | - | 474.98 Cr | 336.91 Cr | 371.93 Cr | 419.65 Cr |
| Operating Income | 51.00 Cr | 88.00 Cr | - | 153.17 Cr | 134.35 Cr | 155.15 Cr | 193.40 Cr |
| EBITDA | 86.00 Cr | 122.00 Cr | - | 219.08 Cr | 199.77 Cr | 184.06 Cr | 276.80 Cr |
| Interest Expense | 33.00 Cr | 30.00 Cr | - | 15.84 Cr | 9.70 Cr | 7.84 Cr | 14.89 Cr |
| Pretax Income | 32.00 Cr | 61.00 Cr | - | 167.12 Cr | 150.75 Cr | 135.68 Cr | 215.25 Cr |
| Tax Provision | 9.92 Cr | 15.25 Cr | - | 43.84 Cr | 39.32 Cr | 46.37 Cr | 60.05 Cr |
| Net Income | 22.00 Cr | 45.00 Cr | - | 123.28 Cr | 111.43 Cr | 89.31 Cr | 155.20 Cr |
| Diluted EPS | 4.38 | 9.09 | - | 14.59 | 12.24 | 9.81 | 17.05 |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Total Assets | 988.00 Cr | 981.00 Cr | - | 1,445.14 Cr | 1,566.60 Cr | 1,691.06 Cr | 2,066.88 Cr |
| Current Assets | - | - | - | 997.64 Cr | 1,063.58 Cr | 1,027.99 Cr | 1,136.33 Cr |
| Cash & Equivalents | - | - | - | 62.44 Cr | 15.00 Cr | 15.46 Cr | 33.09 Cr |
| Inventory | - | - | - | 376.88 Cr | 353.66 Cr | 333.86 Cr | 393.98 Cr |
| Receivables | - | - | - | 282.68 Cr | 319.55 Cr | 302.59 Cr | 377.96 Cr |
| Total Liabilities | - | - | - | 373.37 Cr | 391.32 Cr | 436.92 Cr | 665.19 Cr |
| Current Liabilities | - | - | - | 343.54 Cr | 365.19 Cr | 314.24 Cr | 437.55 Cr |
| Long Term Debt | - | - | - | 7.91 Cr | 2.94 Cr | 94.82 Cr | 201.14 Cr |
| Total Debt | 419.00 Cr | 357.00 Cr | - | 182.19 Cr | 176.67 Cr | 200.46 Cr | 372.16 Cr |
| Total Equity | 372.00 Cr | 427.00 Cr | - | 1,071.77 Cr | 1,175.28 Cr | 1,254.14 Cr | 1,401.69 Cr |
| Shares Outstanding | - | - | - | 9.10 Cr | 9.10 Cr | 9.10 Cr | 9.10 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 113.00 Cr | 121.00 Cr | - | 137.03 Cr | 135.79 Cr | 206.34 Cr | 68.49 Cr |
| Investing Cash Flow | -51.00 Cr | -20.00 Cr | - | -311.74 Cr | -157.80 Cr | -211.79 Cr | -197.19 Cr |
| Financing Cash Flow | -38.00 Cr | -92.00 Cr | - | 215.74 Cr | -25.43 Cr | 5.91 Cr | 146.33 Cr |
| Capital Expenditure | -73.00 Cr | -40.00 Cr | - | -74.39 Cr | -74.53 Cr | -209.34 Cr | -120.03 Cr |
| Free Cash Flow | 40.00 Cr | 81.00 Cr | - | 62.64 Cr | 61.26 Cr | -3.00 Cr | -51.54 Cr |
| Net Change in Cash | 24.00 Cr | 9.00 Cr | - | 41.03 Cr | -47.44 Cr | 46.00 L | 17.63 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | 46.1% | 34.1% | 37.7% | 37.9% |
| Operating Margin % | 5.8% | 10.1% | - | 11.2% | 9.7% | 11.1% | 12.0% |
| Net Margin % | 2.5% | 5.1% | - | 9.0% | 8.1% | 6.4% | 9.6% |
| ROE % | 5.9% | 10.5% | - | 11.5% | 9.5% | 7.1% | 11.1% |
| ROCE % | - | - | - | 13.9% | 11.2% | 11.3% | 11.9% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for HARSHA
Impressive Earnings May Not Tell The Whole Story For Harsha Engineers International (NSE:HARSHA) - webull.com
<a href="https://news.google.com/rss/articles/CBMiWEFVX3lxTFBUaFdSQlk3ZVUtVFNtcHZwQXRJR2xWTU1NVkJ5VEJva2pSU0F4TUM2T3U4ZWRsdGZLaTNENHIzWTctM1Y2T0s1UElzeXUxN2tPOUhDSEFMWjM?oc=5" target="_blank">Impressive Earnings May Not Tell The Whole Story…
HARSHA Forecast — Price Target — Prediction for 2027 - TradingView
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Large-Caps Or Mid-Caps? Kotak AMC's Harsha Upadhyaya Shares Portfolio Strategy - NDTV Profit
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Conduent appoints Harsha Agadi as new chief executive - The Globe and Mail
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Harsha Engineers fixes July 9 record date for ₹1.5 dividend - scanx.trade
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Harsha Engineers Recommends FY26 Dividend - HDFC Sky
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HARSHA — Frequently Asked Questions
What is the current share price of Harsha Engineers International Limited (HARSHA)?
As of 2026-07-15 09:52 IST, Harsha Engineers International Limited (HARSHA) trades at ₹421.65 on NSE. Its 52-week range is ₹313.12 to ₹437.18.
What is the market capitalisation of HARSHA?
Harsha Engineers International Limited (HARSHA) has a market capitalisation of ₹3,838.87 Cr on NSE.
What is the P/E ratio of HARSHA?
HARSHA trades at a trailing price-to-earnings (P/E) ratio of 24.73. The industry average P/E is 29.60. Its price-to-book (P/B) ratio is 2.74.
Does HARSHA pay a dividend?
Harsha Engineers International Limited (HARSHA) currently offers a dividend yield of 0.35%.
What is the return on equity (ROE) of HARSHA?
HARSHA has a return on equity (ROE) of 11.07%. Its return on capital employed (ROCE) is 14.12%.
Is HARSHA a good stock to buy?
This page provides a data-driven analysis of Harsha Engineers International Limited (HARSHA), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.