Harsha Engineers International Limited share price
NSE: HARSHA · ISIN INE0JUS01029
Key numbers
- Market cap
- ₹ 4,207 Cr
- Current price
- ₹ 462.05
- 52-week high / low
- ₹ 477 / 313
- Stock P/E
- 27.2
- Book value
- ₹ 154.0
- Dividend yield
- 0.32%
- ROCE
- 14.3%
- ROE
- 11.7%
- Debt to equity
- 0.27
- Sales growth (3 yrs)
- 5.8%
- Profit growth (3 yrs)
- 8.0%
- 1-year return
- 9.5%
About Harsha Engineers International Limited
Harsha Engineers International Limited engages in the manufacture and sale of precision bearing cages and high precision engineered components in India and internationally. It operates through Engineering & Others, and Solar-EPC and O&M segments. The Engineering & Others segment engages in the design, tooling, development, manufacture, procurement, sale, and servicing of bearing cages and stamp components. The Solar-EPC and O&M segment is involved in the engineering, design, development, procurement, construction, erection, installation, commissioning, operation, and maintenance of solar power projects. It also offers brass, steel, and polyamide cages. The companies products are used in automotive, industrial, wind, railway, and aerospace components. The company was formerly known as Harsha Engineers International Private Limited and changed its name to Harsha Engineers International Limited in January 2022. Harsha Engineers International Limited was founded in 1986 and is based in Ahmedabad, India.
Quarterly results
Consolidated figures in ₹ crores
| Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|
| Sales | 365 | 378 | 409 | 474 | 457 |
| Operating profit | 55 | 54 | 57 | 73 | 67 |
| Net profit | 38 | 36 | 34 | 47 | 37 |
| EPS (₹) | 4.17 | 4.00 | 3.69 | 5.19 | 4.11 |
Concall summary (2026-08-17)
AI summary of the earnings call transcript · tone: Positive · source document
Guidance & outlook
- So, fairly confident of achieving targeted sales growth of Bushing around 30% this year against last year's Rs.
- However, the full-year basis, we expect only a modest 10% growth in sales of Rs.
Growth & demand
- In Quarter 1, our India Engineering business has posted a strong 6% growth, even on a quarter -over-quarter basis.
- We believe that order book on hand and Harsha Engineers International Limited August 11, 2026 pipeline in this segment basis of this, we should achieve a good 50% growth in spite of 1st Quarter numbers and financial year.
Margins & costs
- In Quarter 1 of this year, our average raw material costs have gone up by around 8%.
- 120 crores achieved in FY26, with an EBITDA margin in the range of 12 %-14% and a decent PAT range of around 6%.
Capex & expansion
- As you might be aware, we have already announced the CapEx plan in Advantek for the 2nd Phase of expansion, which is for basically expanding the facility of Bushing as well as Stampings and large-size cage Now, turning to our foreign subsidiaries: Things are looking quite stable and satisfactory.
- We have already commenced the implementation of a Brownfield expansion project in China after securing required debt funding at a very attractive rate.
Balance sheet & cash
- As per IndAS provisions, foreign currency fluctuations relating to FX cash flow hedges are parked in other comprehensive income till they are realized and settled.
- 4 crores is due to this accounting effect of realization of cash flow hedges lost in the current quarter.
Peers in Tools & Accessories
Data for information only, not investment advice. Prices end of day.