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Harsha Engineers International Ltd

HARSHA Share Price

391.550.36% (+1.40)

HARSHA Share Price Chart

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IndustrialsIndustrial Machinery
SmallcapWith a market cap of ₹3,552 cr, stock is ranked 835
High RiskStock is 3.10x as volatile as Nifty

How to use scorecard? Learn more

IndustrialsIndustrial Machinery
SmallcapWith a market cap of ₹3,552 cr, stock is ranked 835
High RiskStock is 3.10x as volatile as Nifty

HARSHA Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
27.653.020.26%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
41.786.080.65%

HARSHA Analyst Ratings & Forecast

Detailed Forecast 
75%
Analysts have suggested that investors can buy this stock

from 4 analysts

Price Upside

Earnings Growth

Rev. Growth

See Detailed Forecast

HARSHA Company Profile

Harsha Engineers International is engaged in manufacturing precision bearing cages.

Investor Presentation

View older 

Feb 13, 2025

PDF
View Older Presentations

HARSHA Similar Stocks (Peers)

Compare with peers 
PE Ratio
48.37
1Y Return
10.55%
Buy Reco %
59.09
PE Ratio
59.10
1Y Return
5.81%
Buy Reco %
40.00
PE Ratio
26.47
1Y Return
11.65%
Buy Reco %
37.50
PE Ratio
162.34
1Y Return
74.96%
Buy Reco %
100.00
PE Ratio
51.32
1Y Return
4.91%
Buy Reco %
100.00
Compare with Peers
HARSHA Sentiment Analysis
New
Crisp summary & key insights to decode earnings calls instantly

HARSHA Stock Summary · November 2024

The recent earnings call revealed a mixed performance landscape, with strong sales in India's bronze bushing sector contrasting sharply with ongoing challenges in Europe, particularly in the wind market. While the consolidated revenue showed a slight decline quarter-over-quarter, the solar business emerged as a bright spot, contributing positively to overall profitability. Despite facing significant demand slowdowns in key markets like Europe and the US, there is cautious optimism for a rebound in the fourth quarter, driven by anticipated normalization in industrial demand. The company is strategically positioned to leverage its domestic strengths while addressing profitability pressures in its subsidiaries, particularly in Romania, where geopolitical tensions have hampered growth. Long-term prospects remain promising, especially with the potential of the China Plus One strategy and new greenfield investments aimed at enhancing margins.

Key Points on HARSHA Stock Performance
HARSHA Stock Growth Drivers
8
  • Positive Financial Contributions from Solar Business

    The solar business has reported a positive profit contribution of approximately 1.5 crores in Quarter

  • Growth in India Engineering Business

    The India Engineering business is projected to achieve higher single-digit top-line growth for the current

HARSHA Stock Challenges
5
  • Subdued Performance in Key Markets

    The company has reported mixed performance in its operations, particularly in the second quarter of

  • Declining Profitability and Margins

    The company has experienced a decline in EBITDA margins, particularly in its Romanian subsidiary, which

HARSHA Forecasts

Price

Revenue

Earnings

HARSHA

Income

Balance Sheet

Cash Flow

HARSHA Income Statement

Industry refers to the sub-sector this company belongs to.
Higher than Industry Revenue Growth
A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 64.53%, vs industry avg of 11.18%

Increasing Market Share
Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 0.17% to 1.11%

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Financial YearFY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue117.91899.50876.731,339.001,393.811,421.791,449.53
Raw Materialssubtract145.38448.01434.06799.16733.73779.051,220.76
Power & Fuel Costsubtract30.3130.8941.2847.5738.59
Employee Costsubtract149.03146.38145.15156.19169.05
Selling & Administrative Expensessubtract61.2159.8580.3581.4473.87
Operating & Other expensessubtract111.3280.7386.51155.80160.39
Depreciation/Amortizationsubtract0.3535.2434.1135.3636.1239.3240.66
Interest & Other Itemssubtract10.8032.8029.9924.5615.8410.7710.14
Taxes & Other Itemssubtract-11.209.6715.2834.6843.8439.3249.49
EPS-13.704.389.0914.4514.6512.2414.11
DPS0.000.000.001.001.001.00
Payout ratio0.000.000.000.000.070.080.07

HARSHA Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2023

Annual report

PDF

Investor Presentation

May 25PDF
Feb 14PDF
Nov 4PDF
FY 2024

Annual report

PDF

Investor Presentation

Aug 1PDF
FY 2025

Annual Report Pending

Investor Presentation

Feb 13PDF
Nov 11PDF
 

HARSHA Past Performance & Peer Comparison

Comparing 3 stocks from 
IndustrialsIndustrial Machinery

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Harsha Engineers International Ltd31.883.020.26%
Cummins India Ltd48.3712.591.27%
Thermax Limited59.108.590.35%
AIA Engineering Ltd26.474.510.50%

HARSHA Stock Price Comparison

Compare HARSHA with any stock or ETF
Compare HARSHA with any stock or ETF
HARSHA
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HARSHA Shareholdings

HARSHA Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

HARSHA Institutional Holdings Trend

Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

HARSHA Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding74.61%8.42%0.30%0.58%16.09%

Mar 2024

Jun 2024

Sep 2024

Dec 2024

HARSHA Shareholding History

SepDec '23MarJunSepDec '248.08%7.17%6.95%8.24%8.43%8.42%

Mutual Funds Invested in HARSHA

Mutual Fund Holding
Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Harsha Engineers International Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
0.0004%0.01%-0.00%715/753 (+5)
0.0001%0.01%-0.00%719/756 (+1)
0.0000%0.01%-0.00%715/754 (+7)

Compare 3-month MF holding change on Screener

HARSHA Insider Trades & Bulk Stock Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases containing HARSHA stock

Looks like this stock is not in any smallcase yet.

HARSHA Events

HARSHA Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

HARSHA Upcoming Dividends

No upcoming dividends are available

HARSHA Past Dividends

Cash Dividend

Ex DateEx DateSep 9, 2024

Final
Final | Div/Share: ₹1.00

Dividend/Share

1.00

Ex DateEx Date

Sep 9, 2024

Cash Dividend

Ex DateEx DateSep 21, 2023

Final
Final | Div/Share: ₹1.00

Dividend/Share

1.00

Ex DateEx Date

Sep 21, 2023

HARSHA Stock News & Opinions

Earnings
Harsha Engineers International consolidated net profit declines 10.07% in the December 2024 quarter

Net profit of Harsha Engineers International declined 10.07% to Rs 26.69 crore in the quarter ended December 2024 as against Rs 29.68 crore during the previous quarter ended December 2023. Sales rose 4.47% to Rs 338.94 crore in the quarter ended December 2024 as against Rs 324.45 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales338.94324.45 4 OPM %12.6212.25 - PBDT47.3648.00 -1 PBT37.2837.98 -2 NP26.6929.68 -10 Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Harsha Engineers Intl. to convene board meeting

Harsha Engineers Intl. will hold a meeting of the Board of Directors of the Company on 13 February 2025.Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Harsha Engineers rises on bagging supply order for bearing cages

The contract is received from a leading multinational bearing company engaged in the business of manufacturing industrial and automotive bearings and other products. The order entails manufacturing and supplying bearing cage products in accordance with terms and conditions stipulated in agreement effective from 5 December 2024 for an initial period of 6 years. The consideration of the contract is estimated at Euro 6 million to Euro 10 million per annum. Harsha Engineers International houses two businesses, i.e., the manufacturing of bearing cages and the solar EPC business. The company's consolidated net profit jumped 42% to Rs 28.96 crore despite a 3.9% increase in sales to Rs 352.58 crore in Q2 FY25 over Q2 FY24. Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Harsha Engineers International wins export order for bearing cage products

Harsha Engineers International has entered into a long term agreement with a leading multinational bearing company, effective 05 December 2024 ('Agreement') for the supply of bearing cages to the said group. The order is estimated to range between Euro 6 million to Euro 10 million per annum. Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Harsha Engineers International appoints director

Harsha Engineers International has appointed Priyanka Agarwal Chopra (DIN: 10011547) as an Additional Director in the capacity of Independent Director of the Company for a term of 3 (three) years with effect from 11 November 2024.Powered by Capital Market - Live

4 months agoCapital Market - Live
Earnings
Harsha Engineers International consolidated net profit rises 42.03% in the September 2024 quarter

Net profit of Harsha Engineers International rose 42.03% to Rs 28.96 crore in the quarter ended September 2024 as against Rs 20.39 crore during the previous quarter ended September 2023. Sales rose 3.86% to Rs 352.58 crore in the quarter ended September 2024 as against Rs 339.49 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales352.58339.49 4 OPM %11.8710.38 - PBDT51.3039.41 30 PBT40.9129.65 38 NP28.9620.39 42 Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Harsha Engineers Intl. declare Quarterly Result

Harsha Engineers Intl. will hold a meeting of the Board of Directors of the Company on 11 November 2024Powered by Capital Market - Live

4 months agoCapital Market - Live
Earnings
Harsha Engineers International consolidated net profit rises 46.66% in the June 2024 quarter

Net profit of Harsha Engineers International rose 46.66% to Rs 36.05 crore in the quarter ended June 2024 as against Rs 24.58 crore during the previous quarter ended June 2023. Sales declined 1.38% to Rs 343.16 crore in the quarter ended June 2024 as against Rs 347.96 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales343.16347.96 -1 OPM %16.0812.02 - PBDT60.5143.20 40 PBT50.3033.64 50 NP36.0524.58 47 Powered by Capital Market - Live

7 months agoCapital Market - Live
Corporate
Harsha Engineers Intl. to announce Quarterly Result

Harsha Engineers Intl. will hold a meeting of the Board of Directors of the Company on 7 August 2024.Powered by Capital Market - Live

7 months agoCapital Market - Live

Frequently asked questions

  1. What is the share price of Harsha Engineers International Ltd (HARSHA) today?

    The share price of HARSHA as on 20th March 2025 is ₹391.55. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on Harsha Engineers International Ltd (HARSHA) share?

    The past returns of Harsha Engineers International Ltd (HARSHA) share are
    • Past 1 week: -5.35%
    • Past 1 month: 4.41%
    • Past 3 months: -24.47%
    • Past 6 months: -22.67%
    • Past 1 year: 0.36%
    • Past 3 years: N/A%
    • Past 5 years: -19.80%

  3. What are the peers or stocks similar to Harsha Engineers International Ltd (HARSHA)?

    The peers or stocks similar to Harsha Engineers International Ltd (HARSHA) include:

  4. What is the dividend yield % of Harsha Engineers International Ltd (HARSHA) share?

    The current dividend yield of Harsha Engineers International Ltd (HARSHA) is 0.26.

  5. What is the market cap of Harsha Engineers International Ltd (HARSHA) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Harsha Engineers International Ltd (HARSHA) is ₹3552.09 Cr as of 20th March 2025.

  6. What is the 52 week high and low of Harsha Engineers International Ltd (HARSHA) share?

    The 52-week high of Harsha Engineers International Ltd (HARSHA) is ₹613.85 and the 52-week low is ₹360.10.

  7. What is the PE and PB ratio of Harsha Engineers International Ltd (HARSHA) stock?

    The P/E (price-to-earnings) ratio of Harsha Engineers International Ltd (HARSHA) is 31.88. The P/B (price-to-book) ratio is 3.02.

  8. Which sector does Harsha Engineers International Ltd (HARSHA) belong to?

    Harsha Engineers International Ltd (HARSHA) belongs to the Industrials sector & Industrial Machinery sub-sector.

  9. How to buy Harsha Engineers International Ltd (HARSHA) shares?

    You can directly buy Harsha Engineers International Ltd (HARSHA) shares on Tickertape. Simply sign up, connect your demat account and place your order.