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Capital Goods | Small Cap
Health Score : 7.72Harsha Engineers International Ltd demonstrates a strong financial profile, characterized by exceptional profitability, rapid growth, and a very stable, low-debt structure. The company is highly effective at turning revenue into profit and is expanding its sales and earnings at an impressive rate. Its ability to cover debt payments is excellent, minimizing long-term financial risk. This financial stability provides a solid foundation for its ongoing expansion. A key area of weakness, however, lies in its operational efficiency. The company is slow to sell its inventory and collect payments from customers, which ties up cash. While currently undergoing a period of heavy investment in new assets, pointing towards future growth, its direct cash returns to shareholders through dividends are low. The outlook appears positive, driven by strong growth and profitability, but is contrasted by these operational inefficiencies.
Health Score : 7.72Harsha Engineers International Ltd demonstrates a strong financial profile, characterized by exceptional profitability, rapid growth, and a very stable, low-debt structure. The company is highly effective at turning revenue into profit and is expanding its sales and earnings at an impressive rate. Its ability to cover debt payments is excellent, minimizing long-term financial risk. This financial stability provides a solid foundation for its ongoing expansion. A key area of weakness, however, lies in its operational efficiency. The company is slow to sell its inventory and collect payments from customers, which ties up cash. While currently undergoing a period of heavy investment in new assets, pointing towards future growth, its direct cash returns to shareholders through dividends are low. The outlook appears positive, driven by strong growth and profitability, but is contrasted by these operational inefficiencies.
Overall Valuation Score
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0.00
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Last Traded Time
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Price Movement Indicator
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P/E RATIO (TTM)
23.36
Industry Median
19.22
Small Cap Median
19.18
P/E RATIO
26.61
P/B RATIO
2.95
Industry Median
1.92
Small Cap Median
1.92
P/S RATIO
2.59
Industry Median
1.05
Small Cap Median
1.05
Others
PEG RATIO
0.00
EV/EBITDA RATIO
15.73
The Calculations Shown Above Are Based on the Last Traded Price (LTP) of ₹453.7 as on Sep 1, 2026.
Growth Score : 10.00The company is exhibiting an exceptional growth trajectory across all major financial aspects. It has demonstrated outstanding expansion in its revenues, operating profits, and net income. This robust top-line growth translates into strong earnings growth for its shareholders. The company's asset base is also expanding significantly, supporting its rapid development. This comprehensive and powerful growth is a key strength, indicating strong market demand and a successful business strategy.
Revenue Growth RateExcellentOperating Profit Growth RateExcellentEarnings Per Share (EPS) GrowthExcellentAsset Growth RateExcellentNet Income Growth RateExcellent| Growth Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue Growth Rate | 51.14 | 3.26 | 2.05 | 1.15 | 15.55 |
| Operating Profit Growth Rate | 38.52 | 12.43 | -10 | 2.34 | 37.14 |
| Earnings Per Share (EPS) Growth | 30.91 | 13.78 | -9.6 | -19.85 | 73.8 |
| Asset Growth Rate | 18.04 | 24.78 | 8.44 | 7.91 | 22.24 |
| Net Income Growth Rate | 104.44 | 33.7 | -9.76 | -19.82 | 74.16 |
Revenue Growth Rate
Operating Profit Growth Rate
Earnings Per Share (EPS) Growth
Asset Growth Rate
Net Income Growth Rate
Peer Comparison empowers investors to evaluate a company against its industry peers using key financial metrics like P/E ratio, EPS, and profit margins. It helps identify whether a company is overvalued, undervalued, or performing in line with competitors. Investors can use this data to spot opportunities, assess risks, and make informed decisions. This contextual view adds depth beyond standalone company analysis.
| NO | Company Name | Health Score | P/E Ratio | Valuation | OPM | EPS | Latest Profit & Loss |
|---|---|---|---|---|---|---|---|
| 1 | Interarch Building Solutions Ltd | 8.86 | 21.48 | Overvalued | 176.00 | 80.21 | 135.00 |
| 2 | Man Infraconstruction Ltd | 8.09 | 25.06 | Neutral | 129.00 | 3.84 | 211.00 |
| 3 | J Kumar Infraprojects Ltd | 7.74 | 9.52 | Neutral | 823.00 | 50.69 | 387.00 |
| 4 | Harsha Engineers International Ltd | 7.72 | 26.61 | Neutral | 240.00 | 19.42 | 155.00 |
| 5 | Ceigall India Ltd | 7.67 | 19.26 | Overvalued | 585.00 | 17.52 | 309.00 |
| 6 | Skipper Ltd | 7.60 | 28.33 | Overvalued | 573.00 | 18.36 | 213.00 |
| 7 | Ramky Infrastructure Ltd | 7.25 | 8.78 | Neutral | 230.00 | 47.96 | 283.00 |
| 8 | Capacite Infraprojects Ltd | 6.96 | 9.22 | Highly Undervalued | 427.00 | 20.79 | 193.00 |
| 9 | Garuda Construction and Engineering Ltd | 6.81 | 13.66 | Neutral | 164.00 | 13.17 | 122.00 |
| 10 | Patel Engineering Ltd | 6.59 | 10.56 | Neutral | 684.00 | 2.87 | 269.00 |
| 11 | DEE Development Engineers Ltd | 6.41 | 55.49 | Highly Overvalued | 191.00 | 8.12 | 77.00 |
| 12 | Salasar Techno Engineering Ltd | 6.37 | 58.40 | Neutral | 112.00 | 0.26 | 18.00 |
| 13 | SEPC Ltd | 6.08 | 19.18 | Neutral | 78.00 | 0.11 | 54.00 |
| 14 | KNR Constructions Ltd | 6.07 | 7.57 | Highly Undervalued | 711.00 | 4.13 | 437.00 |
| 15 | H.G. Infra Engineering Ltd | 5.96 | 9.51 | Neutral | 1012.00 | 59.71 | 330.00 |
| 16 | SPML Infra Ltd | 5.82 | 18.97 | Neutral | 65.00 | 9.06 | 75.00 |
| 17 | PSP Projects Ltd | 5.41 | 62.42 | Neutral | 189.00 | 13.19 | 56.00 |
| 18 | Hindustan Construction Company Ltd | 4.88 | 37.08 | Overvalued | 565.00 | 0.79 | 166.00 |
| 19 | Simplex Infrastructures Ltd | 4.65 | 50.71 | Neutral | 55.00 | 4.77 | 40.00 |
| 20 | Sterling & Wilson Renewable Energy Ltd | 2.53 | -14.14 | Undervalued | 302.00 | -107.49 | -296.00 |
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Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Market Sentiment
Analysis Driven By 26 Technical Indicators From The 1 Hour Timeframe
Trend Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Momentum Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volatility Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bearish
Volume Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Strong Bearish
Analyzing moving average trends and crossovers. Green/Red badges indicate if the current condition passes or fails.
Comparing stock price performance (normalized) against benchmark indices over time.
Recent daily trading volume represented as a bar chart, alongside historical averages.
Current closing price relative to the 52-week highest and lowest prices.
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No Stock News Available at This Moment.
Harsha Engineers International Ltd. is a leading global manufacturer of precision bearing cages, a critical component for various bearing types. The company also produces complex and specialized precision machined components. It serves diverse sectors including automotive, railways, aviation, and industrial applications, maintaining a strong market position through its integrated manufacturing capabilities.
P/E Ratio (TTM): Price to Earnings ratio shows how much an investor pays for every rupee of the company's earnings. Harsha Engineers International Ltd's P/E ratio (TTM) is 23.36, compared to the industry median of 19.22 and large cap median of 19.18.
P/B Ratio: Price to Book ratio compares a company's market price to its book value per share. Harsha Engineers International Ltd's P/B ratio is 2.95, compared to the industry median of 1.92 and large cap median of 1.92.
P/S Ratio: Price to Sales ratio compares a company's market value to its total revenue. Harsha Engineers International Ltd's P/S ratio is 2.59, compared to the industry median of 1.05 and large cap median of 1.05.
PEG Ratio: PEG ratio adjusts the P/E ratio for expected earnings growth. Harsha Engineers International Ltd's PEG ratio is 1.14.
EV/EBITDA Ratio: This ratio compares a company's enterprise value to its earnings before interest, tax, depreciation, and amortization. Harsha Engineers International Ltd's EV/EBITDA ratio is 15.73.
Return on Equity (ROE): ROE measures how much profit a company generates from shareholders' invested capital. Harsha Engineers International Ltd's ROE is 11.06%.
Return on Assets (ROA): ROA measures how efficiently a company converts its assets into net profit. Harsha Engineers International Ltd's ROA is 11.61%.
Return on Capital Employed (ROCE): ROCE measures how efficiently a company generates profit from all the capital it employs. Harsha Engineers International Ltd's ROCE is 14%.
Operating Margin: Operating margin shows what percentage of revenue remains after covering operating expenses. Harsha Engineers International Ltd's operating margin is 14.75%.
Net Margin: Net margin shows what percentage of revenue converts into final net profit. Harsha Engineers International Ltd's net margin is 9.53%.
Current Ratio: The current ratio measures a company's ability to pay short-term liabilities using short-term assets. Harsha Engineers International Ltd's current ratio is 1.98.
Debt to Equity Ratio: This ratio shows the proportion of debt a company uses relative to shareholders' equity. Harsha Engineers International Ltd's debt-to-equity ratio is 0.15.
Interest Coverage Ratio: This ratio shows how easily a company can pay interest on its outstanding debt from its operating earnings. Harsha Engineers International Ltd's interest coverage ratio is 14.44.
Dividend Per Share (DPS): DPS shows the total dividend paid per share in the latest financial year. Harsha Engineers International Ltd's DPS is ₹0.
Earnings Per Share (EPS): EPS shows how much profit is allocated to each outstanding share. Harsha Engineers International Ltd's EPS is 73.80.
(Source line: "Ratios as of 01 Oct 2026, based on last traded price of ₹453.70. Data sourced from BSE/NSE Exchange Filings & Public Terminal Data.")
Founded: 1986
Headquarters: Ahmedabad, Gujarat
Core Offerings: Precision bearing cages, Specialized precision machined components, Stamping components
Stock Listing: NSE (HARSHA), BSE (543600)
Promoter: Harish Rangwala Family (Mr. Harish Rangwala, Mr. Rajendra Shah, Mr. Pilak Shah)
Harsha Engineers International Ltd. was incorporated in 1986, initially focusing on manufacturing precision bearing cages. Over the decades, the company expanded its manufacturing capabilities, product portfolio, and global footprint, establishing facilities in India and China. A significant milestone was its Initial Public Offering (IPO) in September 2022, leading to its listing on the NSE and BSE, solidifying its position as a key player in the precision engineering sector.
| Segment Name | Revenue % | EBITDA |
|---|---|---|
| Engineering Business | 98.3% (FY23) | 10.9% PBIT margin (FY23) |
| Solar EPC Business | 1.7% (FY23) | -6.2% PBIT margin (FY23, largely discontinued operations) |
Engineering Business: This segment manufactures precision bearing cages (made from brass, steel, and polyamide) and specialized precision machined components. These products find applications across a wide range of industries globally, including automotive, railways, aviation, construction, and renewable energy. The company operates state-of-the-art facilities with advanced machining and stamping capabilities.
Solar EPC Business: Primarily engaged in providing engineering, procurement, and construction (EPC) services for solar power projects. This segment currently contributes a very small portion to the overall revenue, with operations largely discontinued or significantly scaled down.
Mr. Harish Rangwala - Chairman & Managing Director. With over 35 years of experience, he has been instrumental in leading the company's growth, technological advancements, and expansion into global markets, building it into a leading precision engineering firm.
Harsha Precision Bearing Components (China) Co. Ltd. (China)
Harsha Engineers Europe GmbH (Germany)
Harsha Engineers International SRL (Romania)
Harsha Engineers U.S. Inc. (USA)
No major recent corporate actions on record apart from its Initial Public Offering (IPO) in September 2022.
The Harsha Engineers International Ltd share price today is ₹453.70 on NSE (HARSHA), as of 01 Oct 2026.
As of 01 Oct 2026, Harsha Engineers International Ltd share price is ₹453.70, with previous close ₹453.70. Today's range is ₹453.70 to ₹453.70. The 52-week range is ₹313.30 to ₹476.80.
As of today, Harsha Engineers International Ltd's market cap is ₹4,214.87 crore (Small Cap).
Harsha Engineers International Ltd's current P/E ratio is 23.36, compared to the CEMENT AND CONSTRUCTION sector average of 49.30.
Harsha Engineers International Ltd's current P/B ratio is 2.95.
Harsha Engineers International Ltd's current dividend yield is N/A. Last dividend of ₹0.50 per share was declared on 02-Aug-2024.
Harsha Engineers International Ltd's EPS (TTM) is ₹73.80.
Harsha Engineers International Ltd. is a leading global manufacturer of precision bearing cages, a critical component for various bearing types. The company also produces complex and specialized precision machined components. It serves diverse sectors including automotive, railways, aviation, and industrial applications, maintaining a strong market position through its integrated manufacturing capabilities.
Harsha Engineers International Ltd is promoted by Harish Rangwala Family (Mr. Harish Rangwala, Mr. Rajendra Shah, Mr. Pilak Shah), holding 75% as of 01 Oct 2026.
Harsha Engineers International Ltd is listed on NSE (HARSHA) and BSE (543600). Its next quarterly results are expected on August 2024 (Q1 FY25).
Adjusted Earnings Per Share (Adjusted EPS)