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Clear AllValue Research Rating
Quality Score 
0/0
Growth Score
0/0
Valuation Score
0/0
Momentum Score
0/0
Today’s Range
52 Week Range
Liquidity
Market cap
₹3,495 Cr
Revenue (TTM)
₹1,408 Cr
Net Profit (TTM)
₹89 Cr
ROE
9.9 %
ROCE
12.5 %
P/E Ratio
39.1
P/B Ratio
2.8
Industry P/E
39.14
EV/EBITDA
17
Div. Yield
0.3 %
Debt to Equity
0.1
Book Value
₹137.8
EPS
₹8.8
Face value
10
Shares outstanding
91,044,105
CFO
₹332.69 Cr
EBITDA
₹719.50 Cr
Net Profit
₹394.01 Cr
|
Company
|
YTD
|
1 Month
|
3 Months
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
|---|---|---|---|---|---|---|---|
|
Harsha Engineers
| -22.7 | -0.5 | -1.4 | -32.4 | -- | -- | -- |
|
BSE CG
| 4.1 | 1.2 | 14.6 | -3.5 | 40.3 | 40.8 | 15.1 |
|
BSE Small Cap
| -4.7 | 1.6 | 13.5 | 1.6 | 29.4 | 33.6 | 16.9 |
|
Company
|
2024
|
2023
|
|---|---|---|
|
Harsha Engineers
| 26.7 | 2.8 |
|
BSE Small Cap
| 29.0 | 47.5 |
|
BSE CG
| 21.6 | 66.9 |
Is there a threat to the company's solvency?
Can creative accounting be detected through the financial numbers?
How did the company perform in the last one year?
5Y Avg -- 3Y Avg -- TTM --
P/E Ratio
--
--Min --Median --Max
P/B Ratio
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--Min --Median --Max
Earnings Yield (%)
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Earnings Yield (%) = EBIT / Enterprise value
PEG Ratio
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Price = Price / Earnings to growth ratio
Company |
Price (₹) | Market Cap (₹ Cr) | Revenue (TTM) | Net Profit (TTM) | OPM (%) | ROE (%) | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
|
Harsha Engineers
|
384.5 | 3,495.2 | 1,407.7 | 89.3 | 9.5 | 6.4 | 39.1 | 2.8 |
| 147.9 | 51.0 | 106.7 | 3.9 | 2.8 | 6 | 13.3 | 0.8 | |
| 601.0 | 227.8 | 239.1 | 8.8 | 2.6 | 5 | 20.2 | 1.0 | |
| 912.6 | 290.2 | 104.2 | 13.7 | 16.6 | 13.2 | 21.2 | 2.7 | |
| 286.9 | 2,678.9 | 1,198.6 | 82.3 | 12.7 | -5.8 | 33.7 | 2.9 | |
| 26.8 | 66.6 | 63.7 | 18.3 | -29.6 | -- | 3.6 | -3.0 | |
| 1,471.1 | 3,989.4 | 1,154.8 | 174.0 | 17.3 | 18.2 | 22.9 | 3.7 | |
| 224.4 | 372.4 | 49.6 | 13.4 | -- | 28.5 | 125.3 | -- | |
| 389.5 | 139.0 | 51.2 | 10.9 | 22.6 | 16.7 | 12.8 | 2.0 | |
| 85.3 | 90.7 | 86.6 | -2.2 | 2.1 | -6.3 | -- | 2.7 |
Harsha Engineers IPO: How good is it?
6 min read•By Udhayaprakash and Karthik Anand Vijay
Harsha Engineers IPO: Information analysis
3 min read•By Udhayaprakash and Karthik Anand Vijay
Harsha Engineers International Limited primarily engages in the manufacture and sale of precision bearing cages in India and internationally. The company operates through Engineering & Others, and Solar-EPC and O&M segments. The Engineering & Others... segment engages in the design, tooling, development, manufacture, procurement, sales, and services of brass, steel, and polyamide cages; precision and complex stamped components; welded assemblies; sand and brass castings; and bronze bushings. 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 for the generation, transmission, and distribution of electricity. 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. Read more
Incorporated
2010
Chairman
Rajendra Shah
Managing Director
Harish Rangwala
Headquarters
Ahmedabad, Gujarat
Website
Looking for more details about Harsha Engineers International Ltd.’s IPO? Explore our IPO Details page.
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Annual Reports
The total asset value of Harsha Engineers International Ltd stood at ₹ 1,691 Cr as on 31-Mar-25
The share price of Harsha Engineers International Ltd is ₹384.50 (NSE) and ₹386.30 (BSE) as of 20-Jun-2025 09:59 IST. Harsha Engineers International Ltd has given a return of -32.4% in the last 1 years.
Harsha Engineers International Ltd has a market capitalisation of ₹ 3,495 Cr as on 19-Jun-2025. As per Value Research classification, it is a Small Cap company.
The P/B ratio of Harsha Engineers International Ltd is 2.79 times as on 19-Jun-2025, a 25% discount to its peers’ median range of 3.72 times.
The P/E ratio of Harsha Engineers International Ltd is 39.14 times as on 19-Jun-2025, a 0% premium to its peers’ median range of 39.14 times.
Step 1. Open a demat account through a broker. You would need to provide your email, PAN, bank account details, aadhar details, etc., for KYC
Step 2. Sign in to the broker’s application through a mobile app or website. Use the Login ID and password provided by your broker.
Step 3. Transfer funds from your bank account into the wallet present in your brokerage account.
Step 4. Search for the Harsha Engineers International Ltd and enter the required number of quantities and click on buy to purchase the shares of Harsha Engineers International Ltd.
Harsha Engineers International Limited primarily engages in the manufacture and sale of precision bearing cages in India and internationally. The company operates through Engineering & Others, and Solar-EPC and O&M segments. The Engineering & Others segment engages in the design, tooling, development, manufacture, procurement, sales, and services of brass, steel, and polyamide cages; precision and complex stamped components; welded assemblies; sand and brass castings; and bronze bushings. 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 for the generation, transmission, and distribution of electricity. 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.
The prominent promoters of Harsha Engineers International Ltd. are
| Name of promoters | Holding percentage |
|---|---|
|
Shah Rajendra Shantilal |
13.09%
|
|
Harish Rangwala |
12.31%
|
|
Rangwala Charusheela Harish |
11.47%
|
|
Vishal Harish Rangwala |
8.53%
|
|
Pilak Rajendra Shah |
7.91%
|
The chairman of the company is Rajendra Shah, and the managing director is Harish Rangwala.
There is no promoter pledging in Harsha Engineers International Ltd.
Some of the close peers are:
| Company | Market Cap(₹ Cr) |
|---|---|
|
4,202
|
|
|
2,468
|
|
|
378
|
|
|
294
|
|
|
230
|
|
|
142
|
|
|
93
|
|
|
70
|
|
|
51
|
| Harsha Engineers International Ltd. | Ratios |
|---|---|
|
Return on equity(%)
|
6.45
|
|
Operating margin(%)
|
9.55
|
|
Net Margin(%)
|
6.18
|
|
Dividend yield(%)
|
0.26
|
Yes, TTM profit after tax of Harsha Engineers International Ltd was ₹89 Cr.
₹0.40
(
