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Industrials · Other Industrial Products

Harsha Engineers International Ltd (HARSHA)

₹405.65

Mkt cap
₹3,790 Cr
P/E ratio
24.40
P/B
2.63
Div yield
0.36%
ROE
11.70%
ROCE
14.30%
EPS (TTM)
₹16.63
Book value
₹154
52W range
314–439
Sector
Industrials

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]

NSE HARSHABSE 543600www.harshaengineers.com
Health check
Mixed
ValuationFair
ProfitabilityAverage
GrowthModerate
TechnicalsNeutral
52-week range
−7.54% from high
₹406
₹314+29.09% from low₹439
Current
₹405.65
Prev close
₹411.00
Day
−1.30%
Price performance
1D
−1.30%
1W
−3.68%
1M
−2.55%
3M
+6.30%
6M
+6.32%
1Y
−2.03%
YTD
+4.70%

Financials

F
Revenue, profit & margin
P/E ratio
24.4×
HARSHA is 3% below the sector median of 25.2×
HARSHA24.4×
Sector median25.2×
 Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Trend
Sales344348339324380343353339373365378409474
Expenses293306304285326288311296338310325352400
Operating Profit51423540555542433555545773
OPM %15%12%10%12%14%16%12%13%9%15%14%14%15%
Other Income6471188127-171110711
Interest3323333213356
Depreciation9101010101010101011111213
Profit before tax4534303849504137753504765
Tax %27%27%31%22%26%28%29%28%133%29%26%29%28%
Net Profit3325203037362927-238363447
EPS in Rs3.582.702.243.264.043.963.182.93-0.264.174.003.695.19
Raw PDF

Earnings

EResults dates & reactions
No upcoming results date on calendar.

Fresh quarters land in the Financials table above, tagged NSE until screener catches up.

No reaction history yet.
No quarterly filings ingested yet.

Corporate actions

CLast 6 months

No recent corporate actions

Dividends, splits, and bonuses in the last six months show up here.

Shareholding

Sas of Mar 2026
75.00%Promoter
Promoters75.00%
FIIs2.37%1.96
DIIs12.42%
Public10.21%1.95
Ownership trend

Peers

P7 companies
Valuation vs quality
P/E × ROCE · bubble = market cap
NameCMPP/EMkt CapDiv YldNP QtrQtr Profit VarSales QtrQtr Sales VarROCE
HBL Engineering₹827.2527.3722,9310.24%64+44.18%604+27.03%58.45%
Inox India₹1,872.9065.3416,9990.11%75+11.19%461+24.70%33.48%
Esab India₹5,760.0045.788,8661.30%44−8.18%396+7.62%64.87%
KRN Heat Exchan₹1,191.00101.957,7960.00%23+57.09%179+36.49%16.06%
Subros₹835.4531.795,4500.31%49+6.77%1,050+15.55%19.75%
Harsha Engg Intl₹416.2524.423,7900.36%47+200.64%474+27.06%14.34%
Ador Welding₹1,229.3024.132,1391.63%34+53.77%318+3.24%22.45%
Median: 31 Co.₹330.0025.154080.00%6+6.77%78+8.96%16.42%

Filings

D
Annual reports4
Financial Year 2025bseFinancial Year 2024bseFinancial Year 2023bseDRHP
Concall transcripts31
TranscriptPPTRECTranscriptPPTTranscriptPPTTranscriptPPTTranscriptPPTTranscriptPPTTranscriptPPTTranscriptPPTTranscriptPPTTranscriptPPTTranscriptPPTTranscript
Credit ratings6
Rating update 27 AprcareRating update 24 FebcareRating update 4 Mar 2025careRating update 13 Mar 2024careRating update 28 Mar 2023careRating update 7 Mar 2022care
Announcements5
Closure of Trading Window 24 Jun - Trading window closed from July 1, 2026 until 48 hours after Q1 FY27 results.Communication To Shareholders - Intimation On Tax Deduction On Dividend 1 Jun - Harsha Engineers announces TDS process on Rs.1.5 dividend recommended for FY26; documents due June 20, 2026.Capital Investment By M/S Harsha Engineers Advantek Limited, Wholly Owned Subsidiary Of The Company ('Harsha Advantek'). 28 May - Wholly owned subsidiary to invest about Rs 110 crore, adding 12 million pieces capacity within 18 months.Announcement under Regulation 30 (LODR)-Earnings Call Transcript 12 MayAnnouncement under Regulation 30 (LODR)-Newspaper Publication 8 May