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Harsha Engineers International Limited

Harsha Engineers International Limited

NSE: HARSHA
Tools & AccessoriesIndustrialsSMALL CAPMCap ₹4.06k Cr
₹445.45₹8.50 (+1.95%)

Market Closed • NSE

Market cap₹4.06k Cr
Enterprise value₹4.06k Cr
P/E TTM26.22
Forward P/E18.60
P/B2.89
EPS TTM₹16.99
Forward EPS₹23.95
ROCE13.00%
D/E0.27
Dividend yield0.00%
Face value₹10.00
52W high₹484.80
52W low₹313.30
Price chart(1Y)
1Y Return:+10.67% (+₹42.95)
H: ₹484.8L: ₹395
1W-1.55%
1M+2.67%
3M+7.56%
6M+14.90%
1Y+16.18%
Today at a glance

Day range

₹433.00₹449.70

52 week range

₹313.30₹484.80
Volume78.2K0.47x 20D avg
Free float50.00%-53.50% volume

Harsha Engineers International Limited closed at INR445.45 (+1.95%) on volume 0.47x its 20-day average, trading 8.12% below its 52-week high.

Technical analysis
RSI (14)47.7Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹16.70High
SMA 20₹456.55BEARISH
SMA 50₹444.73BULLISH
SMA 100₹429.60BULLISH
SMA 200₹403.50BULLISH
CPR bottom₹443.92
Pivot₹441.60
CPR top₹439.27
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved -21.3% QoQ

2026-07-09

DIVIDEND Announced

Dividend - Rs 1.50 Per Share

2025-08-29

DIVIDEND Announced

Dividend - Re 1 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹372.0 Cr₹4.06k Cr9.17%≤ 33%PASS
Non-halal income ratio–₹1.63k Cr0.00%≤ 5%PASS
Illiquid assets ratio–₹2.07k Cr—≥ 20%PASS
Receivables ratio–₹2.07k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E26.2228.10
Forward P/E18.60—
P/B2.893.00
EV/EBITDA16.9018.00
PEG—1.10
Earnings yield3.803.60
Growth & profitability
RevenuePAT
FY25PAT margin 6.30%
FY26PAT margin 9.50%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+4.90%
Revenue CAGR 5Y+3.10%
PAT CAGR 3Y+20.30%
PAT CAGR 5Y+11.70%
Operating margin11.73%
Net margin9.00%
Financial health & cash flow
Net debt₹372.0 CrHealthy
Interest coverage15.00xEBIT / interest
CFO / PAT0.44x3Y average
Net debt / EBITDA1.55xLeverage
Operating cash flow₹68.0 Cr
Capital expenditure–
Free cash flow₹68.0 Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall73/100
Valuation60/100
Profitability65/100
Financial health95/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Low Debt Profile: Debt-to-Equity is comfortable at 0.27x

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Tools & Accessories.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · September 2024

Ownership distribution

Sept 2024Latest holding

Category trends

Hover over a period for exact holdings

80%53%27%0%Sept 2024
14.81%Institutional holding
10.19%Public holding
1Periods available
0.00%Promoter pledged
68.52KShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
09 Jul 2026Dividend₹1.50 / share—09 Jul 2026
29 Aug 2025Dividend₹1.00 / share—29 Aug 2025
09 Sept 2024Dividend₹1.00 / share—09 Sept 2024
21 Sept 2023Dividend₹1.00 / share—21 Sept 2023
—Annual General MeetingAnnual General Meeting—21 Sept 2023
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)48.92%+5.76% latest vs average
Highest delivery60.59%on 15 Oct
Average volume (20D)168.1KTrading-session average
Conviction trendStrengthening+5.76% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Larsen & Toubro Limited
Larsen & Toubro LimitedLT
Open analysis
₹4.99L30.091.05%₹67,942.00₹4,988.00+6.69%+15.52%
Adani Ports and Special Economic Zone Limited
Adani Ports and Special Economic Zone LimitedADANIPORTS
Open analysis
₹4.03L29.880.43%₹10,821.00₹3,650.00+18.57%+10.24%
Hindustan Aeronautics Limited
Hindustan Aeronautics LimitedHAL
Open analysis
₹3.34L35.790.92%₹5,515.00₹1,590.00+14.44%+14.88%
Bharat Electronics Limited
Bharat Electronics LimitedBEL
Open analysis
₹2.75L44.860.66%₹5,547.00₹1,055.00+24.93%+8.88%
InterGlobe Aviation Limited
InterGlobe Aviation LimitedINDIGO
Open analysis
₹1.81L—0.00%₹24,584.10-₹237.60+19.95%-110.92%
Bharat Heavy Electricals Limited
Bharat Heavy Electricals LimitedBHEL
Open analysis
₹1.51L52.550.32%₹7,697.72₹381.91+40.29%+183.84%
ABB India Limited
ABB India LimitedABB
Open analysis
₹1.44L92.640.43%₹3,559.00₹362.00+21.05%+2.84%
CG Power and Industrial Solutions Limited
CG Power and Industrial Solutions LimitedCGPOWER
Open analysis
₹1.33L106.680.16%₹3,281.00₹308.00+14.00%+15.36%
About Harsha Engineers International Limited
Harsha Engineers International Limited

Incorporated in 2010, Harsha Engineers Ltd is a leading engineering company that offers a diversified suite of products across geographies and end-user industries. It manufactures brass, steel, and polyamide cages and stamped components with production facilities located in Asia (India & China) and in Europe (Romania).[1]

IndiaIndustrials

Questions investors ask
Is Harsha Engineers International Limited Shariah compliant?

Harsha Engineers International Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (9.17%) complies with AAOIFI threshold (≤ 33%).

What is Harsha Engineers International Limited's current valuation relative to peers?

Harsha Engineers International Limited trades at a P/E of 26.2x compared to the sector median of 28.1x, and a Price-to-Book of 2.9x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.27x and a Net Debt to EBITDA ratio of 1.55x. Interest coverage is 15x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 3.1% while net profit growth averaged 11.7%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.