Harsha Engineers International Limited
HARSHA.BO
Bombay Stock Exchange434.45
INR
+0.85
- -
Harsha Engineers International Limited
HARSHA.BO
(Bombay Stock Exchange)
Recent
price
434.45
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Harsha Engineers International Limited is a leading manufacturer of precision engineered components, specializing primarily in precision bearing cages made from brass, steel, and polyamide. The company offers an extensive product portfolio that includes cylindrical roller cages, spherical roller cages, deep groove cages, angular contact cages, thrust roller cages, taper roller cages, complex and specialized precision stamped components, welded assemblies, brass castings, bronze bushings, and sand-casting components. It also provides comprehensive turnkey solutions for solar photovoltaic requirements through its solar EPC business. Harsha serves a diverse range of industries, including automotive, railways, aviation and aerospace, construction, mining, agriculture, electrical and electronics, renewables, wind, and shipping sectors. The company manufactures components ranging from 20 mm to 2,000 mm in diameter with advanced finishing processes such as vibro finishing, ball burnishing, shot blasting, electroplating, and heat treatment to ensure high quality. Founded in 1985 and headquartered in Ahmedabad, India, Harsha operates manufacturing facilities with a global supply footprint spanning over 25 countries across five continents, supported by warehouses in more than 20 locations worldwide. In the last 1-2 years, Harsha Engineers International has expanded its product portfolio to include value-added stamping components, bronze bushings, and sand-casting products to cater to emerging market demands and enhance end-user industry diversification. The company has invested in automation and advanced manufacturing technologies aimed at streamlining processes, improving efficiency, and reducing costs. It has also incorporated a wholly owned subsidiary, Harsha Engineers Advantek Limited, and acquired industrial land near Bavla, Ahmedabad, for capacity expansion expected to be commissioned by 2024-25. Harsha continues to capitalize on the "China+1" manufacturing strategy by global industry leaders, strengthening its global positioned outsourcing capabilities. The company maintains a strong focus on R&D with a product development pipeline targeting innovation in its precision engineering solutions. It holds key certifications such as TPM Excellence Category A and ISO 45001, reflecting its commitment to operational excellence and workplace safety. Recent financial performance shows steady revenue growth supported by new product launches and expanding its presence in renewable energy sectors, particularly solar and wind markets. Harsha operates through multiple business segments centered around precision components manufacturing and solar EPC services. Its major customer base includes global bearing manufacturers to whom it supplies precision cages and components used in bearings for various transportation and industrial applications. The company’s enhanced global delivery model integrates dual-shore design and manufacturing capabilities, allowing it to serve multinational customers with superior cost competitiveness and supply reliability. The firm’s strategic partnerships and operational expansions underline its commitment to sustained growth, technological advancement, and geographical reach across Asia, Europe, North America, South America, and Africa. Harsha Engineers International Limited remains a significant player in the organized sector for precision bearing cages and engineered components, driven by comprehensive product offerings and continuous strategic development initiatives.