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. Its 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.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockStrengths1
- Strong 5-year net profit CAGR of 44.7%
Concerns1
- Negative free cash flow (βΉ2 Cr)
Rule-based from financial data. Not advice.
Monthly Returns
Year-to-Date ROI
Historical Volatility
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 9 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ1.09 K Cr | β | βΉ35.00 Cr | β | β | 2.8% | 0.7% | -72.4% |
| Mar 2024 | βΉ1.08 K Cr | β | βΉ127.00 Cr | β | β | 10.2% | 5.5% | -0.8% |
| Mar 2023 | βΉ1.02 K Cr | β | βΉ128.00 Cr | β | β | 11.4% | 7.2% | 20.8% |
| Mar 2022 | βΉ956.00 Cr | β | βΉ106.00 Cr | β | β | 18.7% | 64.3% | 178.9% |
| Mar 2021 | βΉ582.00 Cr | β | βΉ38.00 Cr | β | β | 8.2% | -3.2% | 90.0% |
| Mar 2020 | βΉ601.00 Cr | β | βΉ20.00 Cr | β | β | 4.8% | 392.6% | -217.6% |
| Mar 2019 | βΉ122.00 Cr | β | βΉ-17.00 | β | β | -141.7% | -72.5% | -342.9% |
| Mar 2018 | βΉ444.00 Cr | β | βΉ7.00 Cr | β | β | 24.1% | 367.4% | -800.0% |
| Mar 2017 | βΉ95.00 Cr | β | βΉ-1.00 | β | β | -4.5% | β | β |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | TTM |
|---|---|
| Revenue / Net Sales | 1,109 |
| Total Expenses | 929 |
| EBIT / Operating Profit | 180 |
| OPM % | 16% |
| Other Income | -54 |
| Finance Costs | 3 |
| Depreciation & Amortisation | 29 |
| Profit Before Tax | 94 |
| Tax % | - |
| Net Profit / PAT | 46 |
| EPS (βΉ) | 5.05 |
| Dividend Payout % | - |
Peer Comparison
Industrials sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| Harsha Engineers International Limitedthis co. | βΉ3.50 K Cr | βΉ1.09 K Cr | 26.60 | 2.62 | 17.23 | 0.7% |
| Larsen & Toubro Limited | βΉ5.35 L Cr | βΉ1.43 L Cr | 52.20 | 7.87 | 34.29 | 12.9% |
| Adani Ports and Special Economic Zone Ltd | βΉ3.29 L Cr | βΉ7.91 K Cr | 159.00 | 10.36 | 62.82 | 16.2% |
| Solar Industries India Limited | βΉ1.15 L Cr | βΉ4.46 K Cr | 121.00 | 32.81 | 128.61 | 19.9% |
| Polycab India Limited | βΉ1.14 L Cr | βΉ21.91 K Cr | 46.90 | 10.84 | 42.32 | 21.4% |
| Cummins India Ltd. | βΉ1.10 L Cr | βΉ10.34 K Cr | 49.50 | 15.01 | 47.01 | 15.4% |
| Ashok Leyland Ltd. | βΉ1.09 L Cr | βΉ38.75 K Cr | 32.00 | 9.49 | 22.91 | 1.0% |
| Industry Average | β | βΉ5.40 K Cr | 57.83 | 7.16 | 40.88 | 45.0% |