Harsha Engineers International Ltd
HARSHAHarsha Engineers International Ltd
HARSHA
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 36.08 | 4.04 | 0.19% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 51.33 | 7.40 | 0.53% |
Forecast & Ratings
Detailed Forecast from 4 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Harsha Engineers International is engaged in manufacturing precision bearing cages.
Investor Presentation
View olderPeers
Compare with peersCummins India Ltd
Thermax Limited
AIA Engineering Ltd
Jyoti CNC Automation Ltd
Carborundum Universal Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
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Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 1,393.81 | 899.50 | 876.73 | 1,339.00 | 1,393.81 | 1,421.79 | 1,439.41 | |||||||
Raw Materials | 1,174.73 | 448.01 | 434.06 | 799.16 | 733.73 | 779.05 | 1,209.29 | |||||||
| Power & Fuel Cost | 30.31 | 30.89 | 41.28 | 47.57 | 38.59 | |||||||||
| Employee Cost | 149.03 | 146.38 | 145.15 | 156.19 | 169.05 | |||||||||
| Selling & Administrative Expenses | 61.21 | 59.85 | 80.35 | 81.44 | 73.87 | |||||||||
| Operating & Other expenses | 111.32 | 80.73 | 86.51 | 155.80 | 160.39 | |||||||||
EBITDA | 219.08 | 99.62 | 124.82 | 186.55 | 219.08 | 200.84 | 230.12 | |||||||
| Depreciation/Amortization | 36.12 | 35.24 | 34.11 | 35.36 | 36.12 | 39.32 | 40.60 | |||||||
| PBIT | 182.96 | 64.38 | 90.71 | 151.19 | 182.96 | 161.52 | 189.52 | |||||||
| Interest & Other Items | 15.84 | 32.80 | 29.99 | 24.56 | 15.84 | 10.77 | 10.85 | |||||||
| PBT | 167.12 | 31.58 | 60.72 | 126.63 | 167.12 | 150.75 | 178.67 | |||||||
| Taxes & Other Items | 43.84 | 9.67 | 15.28 | 34.68 | 43.84 | 39.32 | 47.20 | |||||||
| Net Income | 123.28 | 21.91 | 45.44 | 91.95 | 123.28 | 111.43 | 131.47 | |||||||
| EPS | 14.59 | 4.38 | 9.09 | 14.45 | 14.65 | 12.24 | 14.44 | |||||||
| DPS | — | 0.00 | 0.00 | 0.00 | 1.00 | 1.00 | 1.00 | |||||||
| Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.07 | 0.08 | 0.07 |
Company Updates
Investor Presentation
Peers & Comparison
IndustrialsIndustrial Machinery
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Harsha Engineers International Ltd | 42.56 | 4.04 | 0.19% |
| Cummins India Ltd | 56.81 | 14.78 | 1.08% |
| Thermax Limited | 81.05 | 11.78 | 0.26% |
| AIA Engineering Ltd | 28.59 | 4.87 | 0.46% |
Price Comparison
Compare HARSHA with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Harsha Engineers International Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
Nippon India Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 4.3951% | Percentage of the fund’s portfolio invested in the stock 0.34% | Change in the portfolio weight of the stock over the last 3 months -0.03% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 79/234 (+55) |
DSP Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.4978% | Percentage of the fund’s portfolio invested in the stock 0.73% | Change in the portfolio weight of the stock over the last 3 months -0.04% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 53/79 (-1) |
Nippon India Flexi Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.9592% | Percentage of the fund’s portfolio invested in the stock 0.53% | Change in the portfolio weight of the stock over the last 3 months -0.04% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 66/107 (-23) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateSep 9, 2024
Dividend/Share
₹1.00
Ex DateEx Date
Sep 9, 2024
Cash Dividend
Ex DateEx DateSep 21, 2023
Dividend/Share
₹1.00
Ex DateEx Date
Sep 21, 2023
The contract is received from a leading multinational bearing company engaged in the business of manufacturing industrial and automotive bearings and other products. The order entails manufacturing and supplying bearing cage products in accordance with terms and conditions stipulated in agreement effective from 5 December 2024 for an initial period of 6 years. The consideration of the contract is estimated at Euro 6 million to Euro 10 million per annum. Harsha Engineers International houses two businesses, i.e., the manufacturing of bearing cages and the solar EPC business. The company's consolidated net profit jumped 42% to Rs 28.96 crore despite a 3.9% increase in sales to Rs 352.58 crore in Q2 FY25 over Q2 FY24. Powered by Capital Market - Live
Harsha Engineers International has entered into a long term agreement with a leading multinational bearing company, effective 05 December 2024 ('Agreement') for the supply of bearing cages to the said group. The order is estimated to range between Euro 6 million to Euro 10 million per annum. Powered by Capital Market - Live
Harsha Engineers International has appointed Priyanka Agarwal Chopra (DIN: 10011547) as an Additional Director in the capacity of Independent Director of the Company for a term of 3 (three) years with effect from 11 November 2024.Powered by Capital Market - Live
Net profit of Harsha Engineers International rose 42.03% to Rs 28.96 crore in the quarter ended September 2024 as against Rs 20.39 crore during the previous quarter ended September 2023. Sales rose 3.86% to Rs 352.58 crore in the quarter ended September 2024 as against Rs 339.49 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales352.58339.49 4 OPM %11.8710.38 - PBDT51.3039.41 30 PBT40.9129.65 38 NP28.9620.39 42 Powered by Capital Market - Live
Harsha Engineers Intl. will hold a meeting of the Board of Directors of the Company on 11 November 2024Powered by Capital Market - Live
Net profit of Harsha Engineers International rose 46.66% to Rs 36.05 crore in the quarter ended June 2024 as against Rs 24.58 crore during the previous quarter ended June 2023. Sales declined 1.38% to Rs 343.16 crore in the quarter ended June 2024 as against Rs 347.96 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales343.16347.96 -1 OPM %16.0812.02 - PBDT60.5143.20 40 PBT50.3033.64 50 NP36.0524.58 47 Powered by Capital Market - Live
Harsha Engineers Intl. will hold a meeting of the Board of Directors of the Company on 7 August 2024.Powered by Capital Market - Live
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 0.4%, vs industry avg of 10.63%
Decreasing Market Share
Over the last 5 years, market share decreased from 2.02% to 1.17%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of -2%, vs industry avg of 23.32%