HARSHA
Harsha Engineers International Limited (HARSHA) Stock Analysis
Harsha Engineers International Limited is the world's largest manufacturer of textile ring travellers for spinning mills. It also makes precision engineering components and solar structures. The company exports globally from India. It is listed on Indian stock exchanges.
Industrials › Tools & Accessories
₹445.40
+0.79% 1W | +15.90% 52W
Market Cap
4.1k CR
P/E Ratio
26.2
52W High
₹484.8
52W Low
₹313.3
Div. Yield
0.34%
Beta
0.6
50 DMA
₹445.1
200 DMA
₹402.2
Profit Margin
9%
Inst. Own.
13.9%
⚠️ BREAKDOWN
⚡ APPROACHING SUPPORT
Fundamentals
Profit & Loss
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 348 | 339 | 324 | 380 | 343 | 353 | 339 | 373 | 365 | 378 | 409 | 474 | 457 |
| Expenses | 306 | 304 | 285 | 326 | 288 | 311 | 296 | 338 | 310 | 325 | 352 | 400 | 390 |
| Operating Profit | 42 | 35 | 40 | 55 | 55 | 42 | 43 | 35 | 55 | 54 | 57 | 73 | 67 |
| OPM % | 12% | 10% | 12% | 14% | 16% | 12% | 13% | 9% | 15% | 14% | 14% | 15% | 15% |
| Other Income | 4 | 7 | 11 | 8 | 8 | 12 | 7 | -17 | 11 | 10 | 7 | 11 | 5 |
| Interest | 3 | 2 | 3 | 3 | 3 | 3 | 2 | 1 | 3 | 3 | 5 | 6 | 6 |
| Depreciation | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 11 | 11 | 12 | 13 | 14 |
| Profit before tax | 34 | 30 | 38 | 49 | 50 | 41 | 37 | 7 | 53 | 50 | 47 | 65 | 53 |
| Tax % | 27% | 31% | 22% | 26% | 28% | 29% | 28% | 133% | 29% | 26% | 29% | 28% | 29% |
| Net Profit | 25 | 20 | 30 | 37 | 36 | 29 | 27 | -2 | 38 | 36 | 34 | 47 | 37 |
| EPS in Rs | 2.70 | 2.24 | 3.26 | 4.04 | 3.96 | 3.18 | 2.93 | -0.26 | 4.17 | 4.00 | 3.69 | 5.19 | 4.11 |
| Metric | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|
| Sales | 886 | 874 | 1,321 | 1,364 | 1,392 | 1,408 | 1,627 | 1,719 |
| Expenses | 799 | 752 | 1,152 | 1,174 | 1,221 | 1,233 | 1,387 | 1,467 |
| Operating Profit | 86 | 122 | 169 | 190 | 171 | 175 | 240 | 252 |
| OPM % | 10% | 14% | 13% | 14% | 12% | 12% | 15% | 15% |
| Other Income | 13 | 3 | 17 | 29 | 30 | 10 | 38 | 33 |
| Interest | 33 | 30 | 25 | 16 | 11 | 9 | 16 | 20 |
| Depreciation | 35 | 34 | 35 | 36 | 39 | 41 | 47 | 50 |
| Profit before tax | 32 | 61 | 127 | 167 | 151 | 136 | 215 | 215 |
| Tax % | 31% | 25% | 27% | 26% | 26% | 34% | 28% | |
| Net Profit | 22 | 45 | 92 | 123 | 111 | 89 | 155 | 155 |
| EPS in Rs | 4.38 | 9.09 | 11.90 | 13.54 | 12.24 | 9.81 | 17.05 | 16.99 |
| Dividend Payout % | 0% | 0% | 0% | 7% | 8% | 10% | 9% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 6.0% | 13.0% | – |
| Profit CAGR | 4.0% | 25.0% | – |
Shareholding Pattern
Promoters74.72%
FIIs0.88%
DIIs11.86%
Public12.55%
Promoters75.00%
FIIs0.39%
DIIs12.48%
Public12.13%
Promoters75.00%
FIIs0.41%
DIIs12.42%
Public12.16%
Promoters75.00%
FIIs2.37%
DIIs12.42%
Public10.21%
Promoters75.00%
FIIs1.79%
DIIs13.02%
Public10.19%
Promoters74.61%
FIIs3.74%
DIIs11.37%
Public10.27%
Promoters74.61%
FIIs1.61%
DIIs7.43%
Public16.36%
Promoters74.61%
FIIs0.54%
DIIs8.64%
Public16.21%
Promoters75.00%
FIIs2.37%
DIIs12.42%
Public10.21%
Promoters75.00%
FIIs1.79%
DIIs13.02%
Public10.19%
HARSHA
Holdings Analysis
Key strengths & risk signals
71
Overall
65
Fundamental
78
Technical
Risks (1)
LOW MARGIN! 9.0% profit margin - thin profits.
Strengths (4)
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
BULLISH TREND! 50-day average (445.1) is above 200-day average (402.2) - positive signal.
STRONG MOMENTUM! Price has grown across all timeframes - up 0.8% (1 week), 3.6% (1 month), 6.1% (3 months). Momentum is accelerating.
LOW VOLATILITY! Beta of 0.60 - stable stock, less market risk.
Fundamental & Technical Analysis
71Overall
65Fundamental
78Technical
Fundamental Breakdown
Growth Quality
16/30
Revenue CAGR: 5.8% (MODERATE, 8/15). Profit CAGR: 8.0% (MODERATE, 8/15).
Profit Margin
3/10
LOW MARGIN! 9.0% profit margin - thin profits.
PEG Valuation
3/10
OVERVALUED! PEG of 3.27 means expensive relative to growth rate.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0.34% yield - little to no income.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.00 - excellent financial health.
Public Holding
20/20
VERY LESS PUBLIC HOLDING! 13.56% public ownership - strong promoter/institutional control.
Stability Index
10/10
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
Technical Breakdown
Moving Averages
12/10
BULLISH TREND! 50-day average (445.1) is above 200-day average (402.2) - positive signal.
Price Position
8/10
STRONG POSITION! Current price (445.4) is above both moving averages.
Trend Pattern
10/20
BREAKDOWN! Stock has broken below support levels - weakness present.
52W Performance
6/10
POSITIVE YEAR! Stock gained 15.9% in the last year.
Volume Sentiment
25/30
BULLISH SENTIMENT! In last 30 days: 16 up days, 14 down days. Avg volume on up days: 177,001 vs down days: 129,198. Ratio: 1.37x
RSI
3/5
NEUTRAL! RSI at 48.0 - balanced momentum.
52W Range
4/5
UPPER HALF! Trading at 77.0% of 52W range - positive territory.
Momentum
5/5
STRONG MOMENTUM! Price has grown across all timeframes - up 0.8% (1 week), 3.6% (1 month), 6.1% (3 months). Momentum is accelerating.
Beta
5/5
LOW VOLATILITY! Beta of 0.60 - stable stock, less market risk.
HARSHA
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q4FY262026-05-12 | Concall PDF | |
| Q3FY262026-02-11 | Concall PDF | |
| Q2FY262025-11-11 | Concall PDF |
Peer Comparison
Industrials · Tools & Accessories · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HARSHA | ₹445.40 | 26.2 | 9.0% | 5.8% | 8.0% | +15.9% | 71 | BREAKDOWN | -1.3% | -20.8% | +25.2% | -3.5% |
| WENDT | ₹7,871.50 | 92.9 | 6.6% | 4.1% | -28.7% | -9.3% | 61 | BREAKDOWN | +63.2% | +21.6% | +37.4% | +7.8% |
| STERTOOLS | ₹219.00 | 30.5 | 3.1% | 2.1% | -15.1% | -29.1% | 55 | BOUNCE FROM SUPPORT | -34.4% | +268.8% | +11.5% | -3.6% |
| BIRLAPREC | ₹53.40 | 25.8 | 5.6% | -1.9% | -7.1% | +51.2% | 53 | BREAKDOWN | +86.2% | +145.5% | +1.5% | -8.6% |
| NIBL | ₹30.70 | – | -40.8% | -2.1% | – | +10.2% | 52 | BREAKDOWN | +29.4% | -1.5% | +2.2% | -8.3% |
| LAKPRE | ₹5.00 | – | -15.5% | – | – | -12.5% | – | CONSOLIDATION | – | – | – | – |
| TIIL | ₹2,630.40 | 17.6 | 11.6% | 12.2% | 2.2% | +9.6% | 60 | BREAKDOWN | +68.4% | +75.7% | +27.2% | +13.1% |
| SKFINDIA | ₹1,451.10 | 34.3 | 6.8% | -4.9% | -20.3% | -35.1% | 55 | CONSOLIDATING DOWN | -47.6% | -412.6% | -54.2% | -1.1% |
Data from TradeAlone · Updated daily
