1. India Stocks

  2. •

    Producer manufacturing

  3. •

    Metal fabrication
Harsha Engineers International Ltd.

Harsha Engineers International Ltd.

420.30
INR
-3.90
(-0.92%)
16.99EPS
24.60P/E
38.06BMarket Cap
Nov 03Next Earn
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
95.98
94.87
143.9
161.43
151.79
153.66
177.58
188.84
Basic EPS, GAAP
2.41
4.99
10.1
14.59
12.24
9.81
17.05
16.99
Free Cash Flow per Basic Share
4.35
8.94
-1.44
7.41
6.73
-0.33
-5.66
- -
Dividend per Share
0.93
- -
- -
- -
1
1
1
- -
Book Value per Share
40.86
46.92
57.32
117.72
129.09
137.75
153.96
- -
Tangible Book Value per Share
32.97
38.72
49.32
109.69
121.1
132.83
148.98
- -
Basic Weighted Avg Shares
91
91
91
84
91
91
91
91
Sales/Revenue/Turnover
8,739
8,637
13,102
13,640
13,820
13,990
16,168
17,189
Operating Margin (%)
7.48
10.17
10.24
11.23
9.72
11.09
11.96
11.74
Depreciation Expense
356
334
340
361
393
405
467
499
Net Income, GAAP
219
454
920
1,233
1,114
893
1,552
1,547
Effective Tax Rate (%)
30.63
25.17
27.39
26.23
26.08
34.18
27.9
28.13
Profit Margin (%)
2.51
5.26
7.02
9.04
8.06
6.38
9.6
9
Working Capital
1,442
1,859
3,042
6,541
6,984
7,138
6,988
- -
LT Debt
1,337
1,091
1,434
122
63
962
2,018
- -
Total Equity
3,720
4,272
5,219
10,718
11,753
12,541
14,017
- -
Return on Invested Capital (%)
- -
8.4
11.56
10.4
7.48
5.01
8.65
- -
Return on Capital (%)
- -
8.3
12.79
12.49
9.1
6.73
10.28
- -
Return on Common Equity (%)
- -
11.37
19.38
15.47
9.92
7.35
11.69
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
1,703
- -
LT Borrowings
- -
2,011
- -
LT Finance Leases
- -
7
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
91
91
91
Market Capitalization
34,355
28,620
38,056

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
11,363
- -
Cash, Cash Equivalents & STI
- -
2,897
- -
Accounts Receivable, Net
- -
3,780
- -
Inventories
- -
3,940
- -
Total Current Liabilities
- -
4,376
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
1,703
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
31.14%
11.77%
Free Cash Flow
- -
163.11%
1,618%
Net Income, GAAP
- -
36.15%
73.78%
Sales/Revenue/Turnover
- -
14.78%
15.57%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
3,432
3,526
3,389
3,730
13,990
2026
3,653
3,783
4,093
4,739
16,168
2027
4,574
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
3.96
3.18
2.93
-0.26
9.81
2026
4.17
4
3.69
5.19
17.05
2027
4.11
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
1
2026
- -
- -
- -
- -
1
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Vishal Harish Rangwala
Full Time Employees
3,284
Sector
Producer manufacturing
Industry
Metal fabrication
Address
Sarkhej-Bavla Road Ahmedabad GU India 382213
IPO Date
Sep 26, 2022
Website
harshaengineers.com
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Business
Harsha Engineers International Limited manufactures and exports precision bearing cages and high-precision engineered components for bearing and industrial applications. The company produces brass, steel, and polyamide bearing cages in over 7,500 types with diameters ranging from 20mm to 2,000mm; precision stamping components; welded assemblies; brass castings; and bronze bushings, serving sectors including automotive, railways, wind energy, aerospace, industrial machinery, agriculture, and renewables. It operates manufacturing facilities in India, China, and Romania, with additional warehouses across 25 countries on five continents; Harsha Engineers International Limited was founded in 1986 and maintains headquarters in Changodar, Ahmedabad, India. In July 2025, the company entered a three-year agreement valued at around INR 1,170 million annually with a multinational firm for journal bearings and bushings supply through itself and subsidiaries; it also commissioned the first phase of its new Bhayla greenfield facility under Harsh Advantek, developed 450 new SKUs in FY2025, and reported bronze bushing sales growth to Rs102 crores from Rs40 crores in FY2024 alongside Rs209 crores in capital expenditure.