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Harsha Engineers International

Harsha Engineers International Latest Share Price (HARSHA)

TechnicalsTV Chart
428.30
14.60−3.30%
Overall Score51/100
Day range426
₹428.30
445
52-week313
₹428.30
469
Above low+36.7%
Below high8.7%
Range position74%
Open443.00
Prev Close442.90
Bid428.28100
Ask428.33100

TODAY IN ONE LINE

HARSHA dropped 3.3% on light volume, lagging Nifty's 0.5% move, supported by recent strong earnings.

With a market cap of ₹3,899.42 Cr., it trades at a P/E of 25.15. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.

Volume75.3K61%vs 20D avg
Market Cap₹3,899.42 Cr.
Promoter75%
Face Value₹10
Fwd P/E18.21
PEG4.62
EV/EBITDA14.39
P/S2.42
ROA6.42%
Beta1.02
Div Payout5.87%
THE STOCK SCORE
Overall Score51/100
Updated 24 Aug

How good is this company?

Overall performance across 5 key dimensions.

Each card tappable → shows formula + inputs
FLAGS & NEWS

Harsha Engineers International flags & news 

Key strengths, potential risks, and recent updates.

5 green flags🚩 0 red flags

Green Flags

  • Quarterly OutperformanceLatest quarter Sales up 27.1% and Profit up 201.0%
  • High Promoter HoldingPromoters hold 75.0% skin-in-the-game
  • Virtually Debt-FreeVery low Debt-to-Equity of 0.27x
  • Promoter BuyingPromoters increased holdings by 0.28% QoQ
  • Zero Pledge RiskNo recent active promoter pledging found

Red Flags

No red flags identified

Latest Harsha Engineers International News

THE CHANGELOG

What changed recently?

Recent events, corporate actions, and announcements.

20 AUG 2026
corporate
Change in Management - Harsha Engineers International Limited has informed the Exchange about change in Management
View PDF
20 AUG 2026
corporate
Resignation of Director/KMP/SMP - Harsha Engineers International Limited has informed the Exchange about Resignation of Director/KMP/S...
View PDF
🔒Prime: full history + alerts on this stock
Valuation

Harsha Engineers International Limited valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for Harsha Engineers International Limited, framed against the sector median so the premium or discount is obvious at a glance.

Harsha Engineers International Limited trades at a P/E of 25.15× and P/B of 2.78×.

Key MetricsMarket + reported · 25 Aug 2026Consolidated

Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.

Valuation

Valuation

Market Cap
₹3,899.42 Cr.
P/E Ratio
25.15
P/B Ratio
2.78
EPS
₹17.3
Profitability

Profitability

ROE
10.5%
ROCE
13%
Net Margin
9.54%
Op Margin
14.7%
Growth

Growth

EPS YoY
Revenue YoY
27.1%
Qtr Sales
27.1%
Qtr Profit
201%
Financial Health

Financial Health

Debt / Equity
0.27
Book Value
₹153.96
Div Yield
0.35%
Promoter Holding
75.00%
Technicals

Harsha Engineers International Limited technical analysis: indicators, pivots and CPR.

Latest RSI, MACD and moving-average signals plus the latest pivot and Central Pivot Range levels for Harsha Engineers International Limited — derived from the latest tape, not yesterday's close.

Harsha Engineers International Limited last traded at ₹428.3 with an intraday range of ₹426–₹445.4 — latest indicator, pivot and CPR signals below.

Last updated: 26 August 2026, 4:08 pm IST

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Last: ₹428.30
LevelPrice (₹)Distance% Δ
R4479.27+50.97+11.90%
R3459.87+31.57+7.37%
R2452.63+24.33+5.68%
R1440.47+12.17+2.84%
PIVOT433.234.931.15%
CURRENT428.30
S1421.07-7.23-1.69%
S2413.83-14.47-3.38%
S3401.67-26.63-6.22%
S4382.27-46.03-10.75%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 430.77P: 433.23TC: 435.70
R1
R2
R3
R4
indicator
LTP: 428.30
PDH: 448.65
PDL: 433.40
● Market Sentiment

HARSHA is trading Below CPR, indicating Bearishness

● CPR Width

CPR is Wider, suggesting unlikely for trending moves

● Opening Range

Day's range: 437.5445.4

● Price Position

Trading Below opening range, showing Bearishness

Financials

Harsha Engineers International Limited financials: P&L, balance sheet, cash flow, ratios.

Reported annual and quarterly results for Harsha Engineers International Limited — consolidated or standalone — with margins, YoY growth and key ratios inline.

Harsha Engineers International Limited reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹3,899.42 Cr. and reported EPS of ₹17.30.

iTap any row for a plain-English meaningChange vs a year ago — green means the move is healthy for that line, red means it isn’tDerivedCalculated by us, not reported directly
Mobile view
Latest vs previous year
MetricMar 2025Mar 2026
Revenue from Operations1,408
1,627
15.6%
Sales Growth YoY %Derived1.10%
15.57%
Other Income38
39
2.1%
Total Income1,445
1,665
15.2%
739
849
14.9%
Gross ProfitDerived669
778
16.3%
Gross Margin %Derived47.52%
47.81%
494
538
8.9%
EBITDA (Operating Profit)Derived175
240
37.0%
OPM %Derived12.43%
14.73%
22
63
190.9%
Profit Before Tax (PBT)136
215
58.6%
46
60
29.5%
Effective Tax %Derived34.18%
27.90%
Total Profit for Period89
155
73.8%
Net Profit (Owner's PAT)Derived89
155
73.8%
Net Profit Margin %Derived6.34%
9.54%
PAT Growth YoY %Derived-19.85%
73.78%
Earnings Per Share (EPS ₹)9.81
17.05
73.8%
Diluted Shares Outstanding (Cr)9
9
0.0%
Other Comprehensive Income (Net of Tax)-2
-7
225.3%
Total Expenses (incl. D&A & Interest)1,310
1,450
10.7%
Material Cost % of RevenueDerived51.78%
53.84%
Employee Cost % of RevenueDerived12.90%
13.22%
Other Cost % of RevenueDerived22.20%
19.86%
Interest Coverage (x)Derived15.32x
11.87x
Sales CAGR · 3Y
+6.0%
PAT CAGR · 3Y
+8.0%
all values in ₹ Cr unless marked % / x / ₹ · fiscal-period end shown · reported figures via Stockezee financials API · annual results may be audited; quarterly results may be unaudited or limited-review
Segment Analysis

Harsha Engineers International segment analysis : revenue and profit mix.

Disclosed business segments at Harsha Engineers International with their share of revenue and profit, switchable between consolidated and standalone reporting.

Harsha Engineers International discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.

Segment-wise Financial Analysis

Thesis

The Bull, Bear, and Flip case for Harsha Engineers International Limited.

Our AI distills the core fundamental drivers supporting Harsha Engineers International Limited, the risks that threaten it, and the quantitative conditions that could weaken the thesis.

Harsha Engineers International Limited's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

  • High promoter holding of 75% demonstrates strong insider confidence and commitment.

  • Operating margin of 11.88% exceeds peer median, signaling operational efficiency edge.

  • Low debt-to-equity ratio of 0.0027x ensures minimal leverage risk and stability.

  • TTM revenue growth of 27.1% reflects robust top-line momentum and market traction.

  • Diversified Solar-EPC segment reduces bearing cage concentration and expands addressable market.

bear case

Key Risks.

  • Net loss of ₹23.9 Cr in Q1 FY2025 signals operational challenges and profitability deterioration.

  • Negative free cash flow of ₹864.5 Cr in H1 FY2025 threatens liquidity and earnings sustainability.

  • FII holdings eased from 3.84% to 0.39%, signaling severe erosion of foreign investor confidence.

  • Operating cash flow declined 37% YoY from ₹210.05 Cr to ₹131.67 Cr, raising earnings quality concerns.

  • Net margin of 9.54% trails peer median ~12.6%, indicating pricing power weakness versus competitors.

flip conditions

Flip Conditions.

  • Valuation risk. a P/E above 33 would leave less room for earnings disappointment.

  • Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.

  • Watch interest coverage if debt-to-equity climbs above 1.00. Balance sheet risk re-prices growth multiples fast.

  • Return-quality risk. ROE below 8% would indicate weaker capital compounding.

Shareholding

Harsha Engineers International shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in Harsha Engineers International — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

AnnualJun 2026

Promoters75.00%
Public10.19%
FII1.79%0.58%
DII13.02%0.59%

Ownership Distribution

Promoters
75.00%
Retail & Public
10.19%
Foreign Institutions
1.79%
Domestic Institutions
13.02%

Category Trends

Foreign Institutions Breakdown
Total Holding: 1.79%
Net Change: -0.58%
Category Total1.79%
Total Holding1.79%
Net Change-0.58%
Not Fully Disclosed

⚠️Partial Disclosure Notice

Individual institutions below total 0.00%, but category aggregate is 1.79%. Some institutions may not be disclosed by the company as per regulatory requirements.

Institution Name
Trend (Last 6)
Holding %
QoQ Change
YoY ChangePeriod
ABU DHABI INVESTMENT AUTHORITY - MONSOON
0.00%
0.00%
0.00%
Jun 2026
AMERICAN FUNDS INSURANCE SERIES GLOBAL SMALL CAPITALIZATION FUND
0.00%
0.00%
0.00%
Jun 2026
Riambel Capital Pcc - Rcc1
0.00%
1.94%
-1.94%
Jun 2026
Peers

Harsha Engineers International Limited peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Harsha Engineers International Limited is highlighted for quick read-across.

Quick Compare

Largest by Market Cap
PTC Industries Limited
₹31,618.76 Cr
Best Profit Growth
Harsha Engineers International Limited
201.00 %
Highest Dividend Yield
Ador Welding Limited
2.24 %
09 · Chart Patterns

Harsha Engineers International Limited chart patterns: breakouts, tops and bottoms.

Auto-detected classical chart patterns for Harsha Engineers International Limited — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.

Delivery Conviction

Harsha Engineers International Limited delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for Harsha Engineers International Limited over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in Harsha Engineers International Limited stood at 58.2% of traded volume, against a 20-day average of 54.7%.

Avg Delivery (20D)54.7%+3.5 ppt latest vs avg
Highest Delivery71.7%on 30 Jul
Avg Volume (20D)1.93 L20-day run-rate
Conviction Trend↓ Weakening+3.5 ppt latest read
Volume & Delivery · last 20 sessions
Exchange Filings & Investor Updates

Harsha Engineers International announcements: results, concalls, ratings, M&A.

Filings Harsha Engineers International sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

Harsha Engineers International files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 113 documents below.

  1. 20 Aug 2026Change in ManagementView PDF

    Change in Management

    Harsha Engineers International Limited has informed the Exchange about change in Management

  2. 20 Aug 2026Resignation of Director/KMP/SMPView PDF

    Resignation of Director/KMP/SMP

    Harsha Engineers International Limited has informed the Exchange about Resignation of Director/KMP/SMP

  3. 17 Aug 2026Analysts/Institutional Investor Meet/Con. Call UpdatesView PDF

    Analysts/Institutional Investor Meet/Con. Call Updates

    Harsha Engineers International Limited has informed the Exchange about Transcript

  4. 12 Aug 2026Copy of Newspaper PublicationView PDF

    Copy of Newspaper Publication

    Harsha Engineers International Limited has informed the Exchange about Copy of Newspaper Publication

  5. 11 Aug 2026Analysts/Institutional Investor Meet/Con. Call UpdatesView PDF

    Analysts/Institutional Investor Meet/Con. Call Updates

    Harsha Engineers International Limited has informed the Exchange about Link of Recording

Corporate Actions

Harsha Engineers International dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue Harsha Engineers International has declared, sequenced by announce and record date.

Harsha Engineers International corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

About the Company

About Harsha Engineers International Limited: business, sector, key facts.

What Harsha Engineers International Limited does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

Harsha Engineers International Limited operates in the Other Industrial Products industry under the Capital Goods sector, listed as NSE: HARSHA, BSE: 543600.

HARSHA
Capital Goods

Harsha Engineers International Limited

NSE · HARSHA·BSE · 543600·www.harshaengineers.com

Harsha Engineers International Limited is a prominent Indian company specializing in the manufacturing and sale of high-precision bearing cages. Their primary focus lies in the design, development, production, and supply of these critical components for various industries globally. The company's expertise encompasses a wide range of materials, including brass, steel, and polyamide, catering to diverse application needs.

Harsha operates through two main segments: Engineering & Others and Solar-EPC and O&M. The Engineering & Others segment represents the core of their business, encompassing the design, tooling, manufacture, and procurement of bearing cages and other precision components like stamped parts, welded assemblies, brass castings, and bronze bushings. These components find applications across several sectors, including automotive, industrial machinery, wind energy, railway systems, and even aerospace.

The Solar-EPC and O&M segment marks a diversification into renewable energy. This division handles the complete lifecycle of solar power projects, from initial engineering and design through procurement, construction, installation, commissioning, operation, and ongoing maintenance. This demonstrates a strategic move by Harsha to expand beyond their core competency and tap into the burgeoning renewable energy market.

Harsha's strong foothold in the precision engineering sector, coupled with its foray into solar energy, positions the company for sustained growth and diversification. Their extensive experience and diverse product portfolio enable them to serve a broad client base across various industries, both domestically and internationally. The company's long history, beginning in 1986, speaks to its enduring success and adaptability within a competitive landscape.

company facts
Employees
SectorCapital Goods
HeadquartersAhmedabad, India
Market Cap₹3,899.42 Cr.
Listed OnNSE
leadership24 on record
Dr. Bhushanlal Punani
Independent Director
Mr. Anand Bhardwaj
Senior General Manager of Marketing
Mr. Darpesh Parmar
General Manager of Human Resource
Mr. Harish Ranjit Rangwala
MD & Director
Mr. Kiran Kumar Mohanty
Chief Compliance Officer & Company Secretary
Mr. Maulik S. Jasani
VP of Finance & Group CFO
Mr. Pilak Rajendra Shah
COO & Whole-Time Director
Mr. Rajendra Shantilal Shah B.E. (Mech.)
Chairman
Mr. Shaji Puthenpurayil Jacob
Senior VP and Head of Engineering, Tool Room & Technology
Mr. Vishal Harish Rangwala
CEO & Whole-Time Director
Ms. Hetal Manish Naik
Whole-Time Director
Ms. Hetal Ukani
Whole-time Director
§ ∞ · Plainly Answered

Questions investors ask about Harsha Engineers International Limited (HARSHA).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of Harsha Engineers International Limited (HARSHA)?

The current share price of Harsha Engineers International Limited (HARSHA) is ₹428.30. Today, the stock has declined by ₹14.60 (3.3%), trading in a range of ₹426.00 to ₹445.40. The stock opened at ₹443.00 with a trading volume of 75,260 shares.

02Is Harsha Engineers International Limited stock a good investment for long-term?

Harsha Engineers International Limited can be considered for long-term investment based on several factors. The company has a market capitalization of ₹3,899.42 Cr., P/E ratio of 25.15, ROE of 10.5%, and ROCE of 13%. The dividend yield stands at 0.35%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.

03What is the 52-week high and low price of Harsha Engineers International Limited stock?

The 52-week high price of Harsha Engineers International Limited (HARSHA) is ₹469.00, while the 52-week low is ₹313.30. Currently trading at ₹428.30, the stock is 36.71% above its 52-week low and 8.68% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.

04Should I buy Harsha Engineers International Limited stock at the current price?

Whether to buy Harsha Engineers International Limited stock at ₹428.30 depends on multiple factors. The stock is currently trading with a P/E ratio of 25.15 and P/B ratio of 2.78. Today's performance shows a loss of 3.3%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.

05What is the dividend yield of Harsha Engineers International Limited and when is the next dividend?

Harsha Engineers International Limited offers a dividend yield of 0.35%, which means for every ₹100 invested at the current price of ₹428.30, you can expect to receive approximately ₹0.35 annually as dividends. The face value of the stock is ₹10.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.

06What are the key financial ratios and metrics of Harsha Engineers International Limited?

Harsha Engineers International Limited's key financial metrics include: P/E Ratio: 25.15, P/B Ratio: 2.78, ROE: 10.5%, ROCE: 13%, Dividend Yield: 0.35%, EPS: ₹17.30, Book Value: ₹153.96, and Debt-to-Equity: 0.27. The company's market cap stands at ₹3,899.42 Cr.. These metrics help evaluate the company's valuation, profitability, and financial health.

07How is Harsha Engineers International Limited stock performing today in the market?

Harsha Engineers International Limited stock opened at ₹443.00 and is currently trading at ₹428.30, showing a decline of ₹14.60 (3.3%). The intraday high is ₹445.40 and low is ₹426.00. The trading volume stands at 75,260 shares, indicating moderate market participation today.

08What is the P/E ratio of Harsha Engineers International Limited and what does it indicate?

Harsha Engineers International Limited has a Price-to-Earnings (P/E) ratio of 25.15, which means investors are willing to pay 25.15 for every ₹1 of earnings. With an EPS of ₹17.30, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.

Disclaimer

The data, ratios and commentary about Harsha Engineers International Limited (HARSHA) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.