Harsha Engineers International Limited

Web: harshaengineers.com NSE: HARSHA BSE: 543600 SECTOR: Capital Goods - Industrial Products | Add Note | View Notes

456 5(1%)

Near 52W High of 469

Volume

1L as on 23, Jun

Open

531

High

533

Low

518

451

VWAP

433

52 Week High

469

52 Week Low

313

Viand Research Rating

Quality Score

66/100

Growth Score

64/100

Valuation Score

50/100

Momentum Score

45/100

Analyst Recommendations

BUY/SELL

Hold | Buy | Strong Buy

Analyst Price Target

Market Cap (cr)

4,152

No. of Shares

9.1

P/E

33.17

P/B

3.61

Face Value

Div. Yield

Book Value (TTM)

CASH

DEBT

EPS (TTM)

ROE

10.9

ROCE

Profit Growth

Listing Date

26-Sep-22

Promoter Holding

75%

FII Holding

2.37%

DII Holding

12.42%

Price Chart

Price Performance

1 Week2%

1 Month6%

3 Months31%

6 Months20%

1 Year20%

YTD20%

Moving Average

5 Day SMA434

10 Day SMA422

20 Day SMA410

30 Day SMA408

50 Day SMA402

61 Day SMA390

80 Day SMA0

200 Day SMA0

PIVOT LEVEL

	Standard	Camarilla	Fibonacci	Woodie's
Resistance 3	446	438	443	448
Resistance 2	443	438	440	444
Resistance 1	440	437	439	442
Pivot Point	436	436	436	437
Support 1	433	436	434	435
Support 2	430	435	432	431
Support 3	427	435	430	429

Competitors/Peers

#	Symbol	MCAP	LTP	1W	1M	6M	1Y	P/E	Ind PE	Debt/Eq	NP Qtr Rs.Cr.
1	HAL	3,29,158	4922	3%	2%	21%	7%	31	94	0	9116
2	BEL	2,98,458	405	1%	4%	10%	10%	49	94	0	6062
3	TMCV	1,68,152	457	3%	2%	8%	40%	0	94	0.44	3030
4	ABB	1,57,098	7414	1%	2%	24%	44%	93	94	0.02	1668
5	BHEL	1,50,199	431	0%	5%	65%	105%	409	94	0.31	1600
6	SIEMENS	1,41,882	3984	2%	3%	21%	28%	66	94	0.02	2754
7	CGPOWER	1,41,050	895	0%	8%	26%	21%	119	94	0.01	1199
8	POWERINDIA	1,40,760	31580	6%	0	25%	69%	150	94	0.02	988
9	CUMMINSIND	1,39,335	5026	2%	9%	5%	29%	74	94	0	2362
10	POLYCAB	1,24,768	8280	3%	3%	3%	21%	52	94	0.02	2708
Load More

Shareholding Pattern (%)

	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022
Promoters	(0.01) 75.00%	(0.01) 75.00%	(0.31) 75.00%	(0.11) 74.72%	(0.01) 74.61%	(0.01) 74.61%	(0.01) 74.61%	(0.01) 74.61%	(0.01) 74.61%	(0.01) 74.61%	(0.01) 74.61%	(0.01) 74.61%	(0.01) 74.61%	(0.01) 74.61%	(0.01) 74.61%
FIIs	(2.01) 2.37%	(0.01) 0.41%	(-0.51) 0.39%	(0.31) 0.88%	(0.01) 0.54%	(0.01) 0.58%	(-0.21) 0.56%	(-0.91) 0.76%	(0.01) 1.61%	(-0.31) 1.61%	(0.11) 1.86%	(-1.91) 1.81%	(-0.31) 3.74%	(0.21) 4.07%	(0.01) 3.84%
DIIs	(0.01) 12.42%	(-0.11) 12.42%	(0.61) 12.48%	(3.21) 11.86%	(-0.11) 8.64%	(-0.11) 8.72%	(0.21) 8.85%	(1.31) 8.69%	(-0.71) 7.43%	(-1.11) 8.14%	(-0.81) 9.19%	(-1.41) 10.02%	(0.31) 11.37%	(2.01) 11.06%	(0.01) 9.04%
Public	10.21%	12.16%	12.13%	12.55%	16.21%	16.08%	15.98%	15.92%	16.36%	15.62%	14.33%	13.56%	10.27%	10.27%	12.52%
No. of Shareholders	70,615	72,688	74,886	78,464	77,352	77,771	79,500	78,307	91,107	96,528	99,274	105,011	122,843	132,892	164,536

Quarterly Results

	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022	Dec 2021	Sep 2021
Sales	474	409	378	365	373	339	353	343	380	324	339	348	344	301	322	398	368.88	323	323
Sales Growth % (YoY)	27.1%	20.7%	7.3%	6.4%	-2%	4.5%	3.9%	-1.4%	10.7%	7.9%	5.4%	-12.5%	-6.8%	-7%	-0.4%	-	-	-	-
Sales Growth % (QoQ)	15.9%	8.2%	3.6%	-2.1%	10%	-4%	2.9%	-9.7%	17.3%	-4.4%	-2.6%	1.2%	14.3%	-6.5%	-19.1%	7.9%	14.2%	-	-
Expenses	400	352	325	310	338	296	311	288	326	285	304	306	293	260	274	348	320.7	283	284
Operating Profit	73	57	54	55	35	43	42	55	55	40	35	42	51	41	48	50	48.18	40	39
OPM %	15	14	14	15	9	13	12	16	14	12	10	12	15	14	15	12	13.06	12	12
Other Income	11	7	10	11	-17	7	12	8	8	11	7	4	6	14	4	6	6.76	3	2
Interest	6	5	3	3	1	2	3	3	3	3	2	3	3	2	6	5	5.52	7	7
Depreciation	13	12	11	11	10	10	10	10	10	10	10	10	9	9	9	9	8.97	9	9
Profit before tax	65	47	50	53	7	37	41	50	49	38	30	34	45	43	38	42	40.45	27	26
Tax %	28	29	26	29	133	28	29	28	26	22	31	27	27	26	26	26	25.78	33	30
Net Profit	47	34	36	38	-2	27	29	36	37	30	20	25	33	32	28	31	30.02	18	18
Net Profit Growth % (QoQ)	38.2%	-5.6%	-5.3%	2000%	-107.4%	-6.9%	-19.4%	-2.7%	23.3%	50%	-20%	-24.2%	3.1%	14.3%	-9.7%	3.3%	66.8%	-	-
Net Profit Growth % (YoY)	2450%	25.9%	24.1%	5.6%	-105.4%	-10%	45%	44%	12.1%	-6.2%	-28.6%	-19.4%	9.9%	77.8%	55.6%	-	-	-	-
TTM Net Profit	155	106	99	92	90	129	132	123	112	108	110	118	124	121.02	107.02	97.02	66.02	36	0
EPS in Rs	5.19	3.69	4	4.17	-0.26	2.93	3.18	3.96	4.04	3.26	2.24	2.7	3.58	3.49	3.08	3.99	3.89	2.36	3.58

Profit and Loss

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Sales	1627	1408	1392	1364	1321	874	886
Sales Growth %	-	1.1%	2.1%	3.2%	51.2%	-1.4%	-
Expenses	1387	1233	1221	1174	1152	752	799
Operating Profit	240	175	171	190	169	122	86
OPM %	15	12	12	14	13	14	10
Other Income	39	10	30	29	17	3	13
Interest	16	9	11	16	25	30	33
Depreciation	47	41	39	36	35	34	35
Profit before tax	215	136	151	167	127	61	32
Tax %	28	34	26	26	27	25	31
Net Profit	155	89	111	123	92	45	22
Net Profit Growth %	74.2%	-19.8%	-9.8%	33.7%	104.4%	104.5%	-
EPS in Rs	17.05	9.81	12.24	13.54	11.9	9.09	4.38
Dividend Payout %	0	10	8	7	0	0	0

Cash Flows

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Cash from Operating Activity	68	206	136	137	36	121	113
Cash from Investing Activity	-197	-212	-158	-312	-52	-20	-51
Cash from Financing Activity	146	6	-25	216	4	-92	-38
Net Cash Flow	18	0	-47	41	-12	9	24

Balance Sheet

	Mar 2026	Sep 2025	Mar 2025	Sep 2024	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Equity Capital	91	91	91	91	91	91	77	50	50
Reserves	1311	1223	1163	1139	1084	981	445	377	322
Borrowings	372	317	200	182	177	182	385	357	419
Other Liabilities	293	241	236	211	215	191	252	197	197
Total Liabilities	2067	1872	1691	1623	1567	1445	1158	981	988
Fixed Assets	660	517	414	432	418	387	356	342	334
CWIP	19	121	161	49	15	12	2	3	3
Investments	473	386	305	260	234	194	6	9	7
Other Assets	915	849	810	883	900	853	794	626	644
Total Assets	2067	1872	1691	1623	1567	1445	1158	981	988

Delivery

Delivery Data: HARSHA

#	Date	395 17% 462	Value (Cr)	Q/T 44	Del 55	Del 9
1	4-Sep	454	6	23	58	3
2	3-Sep	451	4	21	51	2
3	2-Sep	451	11	24	50	6
4	1-Sep	454	16	25	45	7
5	31-Aug	456	21	34	50	10
6	28-Aug	439	7	28	53	3
7	27-Aug	439	5	30	57	3
8	26-Aug	429	2	24	56	1
9	25-Aug	428	3	20	58	2
10	24-Aug	443	5	23	53	3
11	21-Aug	438	4	18	44	2
12	20-Aug	438	9	25	49	4
13	19-Aug	437	9	23	50	4
14	18-Aug	436	10	28	58	6
15	17-Aug	426	14	34	47	6
16	14-Aug	412	4	19	58	2
17	13-Aug	405	5	28	51	3
18	12-Aug	400	10	27	49	5
19	11-Aug	410	40	30	43	17
20	10-Aug	433	18	32	47	9
21	7-Aug	426	9	33	41	4
22	6-Aug	425	5	27	60	3
23	5-Aug	420	5	24	61	3
24	4-Aug	408	3	26	67	2
25	3-Aug	408	3	26	66	2
26	31-Jul	401	2	23	61	1
27	30-Jul	398	4	22	72	3
28	29-Jul	411	3	18	59	1
29	28-Jul	404	4	22	62	2
30	27-Jul	406	6	23	57	3
31	24-Jul	406	10	31	35	4
32	23-Jul	404	3	22	61	2
33	22-Jul	411	5	29	50	2
34	21-Jul	414	3	22	72	2
35	20-Jul	421	3	24	55	2
36	17-Jul	420	5	30	60	3
37	16-Jul	427	3	26	62	2
38	15-Jul	425	6	33	58	3
39	14-Jul	417	6	27	45	3
40	13-Jul	422	6	28	62	4
41	10-Jul	428	5	29	51	2
42	9-Jul	421	4	25	42	2
43	8-Jul	418	11	28	44	5
44	7-Jul	434	9	33	63	6
45	6-Jul	434	8	31	59	5
46	3-Jul	418	16	62	69	11
47	2-Jul	416	17	71	76	13
48	1-Jul	420	3	32	53	2
49	30-Jun	420	13	39	50	7
50	29-Jun	410	7	33	61	4

Daily Market Cap

Date	Total Market Cap	Change	Chg %
04-Sep	4,152c	33c	0.81
03-Sep	4,118c	32c	0.78
01-Sep	4,087c	78c	1.94
31-Aug	4,009c	142c	3.67
27-Aug	3,867c	106c	2.66
26-Aug	3,972c	76c	1.94
25-Aug	3,897c	128c	3.17
24-Aug	4,024c	64c	1.61
21-Aug	3,960c	5c	0.11
19-Aug	3,965c	40c	1.00
18-Aug	4,005c	134c	3.46
17-Aug	3,871c	129c	3.44
14-Aug	3,742c	32c	0.87
13-Aug	3,710c	51c	1.39
12-Aug	3,659c	292c	7.40
11-Aug	3,951c	0	0
10-Aug	3,951c	73c	1.88
06-Aug	3,879c	113c	3.00
04-Aug	3,766c	110c	3.01
31-Jul	3,655c	17c	0.48
30-Jul	3,638c	102c	2.73
29-Jul	3,740c	70c	1.90
28-Jul	3,670c	25c	0.68
27-Jul	3,696c	46c	1.24
24-Jul	3,742c	0	0

Stock Checklist

Price is above from 52 week high low average: 92%

Stock is trading above all short term SMAs: YES

Stock is trading above all long term SMAs: YES

Stock is Consistently Improving Long Term: NO

FII purchased in last quarter: YES

Promoters are buying the stock: NO

Mutual Fund Holdings

Held by 10 fund scheme(s) across 4 fund house(s) as of Aug26 · Total value ₹921 Cr · 2 increasing / 4 decreasing · View in MF Pro →

Fund House	Schemes	Weight %	Change	Value (Cr)
DSP Mutual Fund	2	1.42%	-0.05%	560.8
Nippon India Mutual Fund	2	0.21%	-0.01%	331.8
ICICI Prudential Mutual Fund	4	0.49%	+0.08%	28.5
Motilal Oswal Mutual Fund	2	0.00%	-	0

Harsha Engineers International Limited

Price Chart

Price Performance

Moving Average

PIVOT LEVEL

Competitors/Peers

Shareholding Pattern (%)

Quarterly Results

Profit and Loss

Cash Flows

Balance Sheet

Delivery

Daily Market Cap

Stock Checklist

Mutual Fund Holdings

Strategy Builder

Bulk Deals

Events

News

Exchange Filings

Annual Reports

Ratings & Research Reports

Concalls

Announcements