Harsha Engineers International Limited share price

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. The companies products are used in aut…Read more

Website NSE हिंदी में BSE

IndustrialsTools & AccessoriesNSE: HARSHAISIN INE0JUS01029

16 Oct 2026, 3:30 PM IST₹445.45▲ 8.50 (1.95%)

Market Cap₹ 4,056 Cr.
Current Price₹ 445.45
High / Low₹ 485 / 313
Stock P/E26.2
Book Value₹ 154
Dividend Yield0.34 %
ROCE14.1 %
ROE11.70 %
Face Value₹ 10.0

More figures (10)

EPS (TTM)₹ 16.99
Price / Book2.89
OPM12.0 %
Debt / Equity0.27
Sales growth (3Y)6.0 %
Profit growth (3Y)8.0 %
Promoter holding75.0 %
EV / EBITDA16.5
Beta0.59
All-time high₹ 614

Price chart

Price on NSE 50 DMA 200 DMA Volume

Returns	1M	3M	6M	YTD	1Y	3Y CAGR	5Y CAGR
HARSHA	+3.59%	+4.21%	+9.41%	+18.60%	+16.18%	+2.89%	—
Nifty 50	-0.31%	-3.85%	-4.34%	-11.42%	-9.53%	+5.46%	+4.76%

Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.

Quick take

Harsha Engineers International Limited is in the Tools & Accessories industry (Industrials), with a market value of ₹4,056 crore.
It trades at 26.2 times its last 12 months' earnings and 2.9 times book value.
Revenue grew 6.0% a year over the last 3 years, profit 8.0% a year.
Return on equity was 11.7% and return on capital employed 14.1% in the latest year.
Debt was 0.27 times shareholders' equity.
The share price is 8.1% below its 52-week high and up 16.2% over one year.
Promoters and insiders hold about 75.0%; institutions about 13.9%.

Pros

Trades at 26.2 times earnings, below its 3-year median of 33.3.
Borrowings are moderate at 0.27 times shareholders' equity.
Institutional (FII + DII) holding has risen by 5.3 points over 3 years.
Promoters hold a large stake of 75.00%.

Cons

Return on equity has been low: 9.7% on average over the last 3 years.

Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.

AI analysis

Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.

About Harsha Engineers International Limited

Employees: 1,745
Head office: Ahmedabad

IndustrialsTools & Accessories

S.No.	Company	CMP ₹	P/E	Mar Cap ₹ Cr	Div Yld %	NP Qtr ₹ Cr	Qtr Profit Var %	Sales Qtr ₹ Cr	Qtr Sales Var %	ROCE %	ROE %	P/B	OPM %	Debt / Eq	Prom. Hold. %	Sales ₹ Cr	Sales Var 3Yrs %
1.	Harsha Engineers International	445.45	26.2	4,056	0.34	37	-1.45	457	25.22	14.1	11.7	2.89	12.0	0.27	75.00	1,627	6.0
2.	Timken India	2,889.60	51.5	21,735	0.09	120	—	943	—	18.5	14.3	7.46	15.5	0.00	52.40	3,478	7.5
3.	Sterling Tools	219.02	30.5	796	1.24	6	-34.83	214	11.45	9.7	5.7	1.50	4.8	0.28	74.89	828	2.1
4.	Birla Precision Technologies	53.43	26.5	365	0.09	5	86.69	60	1.39	11.1	6.8	2.07	6.9	0.30	63.70	235	-1.9
	Median: 4 Co.	332.24	28.5	2,426	0.22	22	-1.45	336	11.45	12.6	9.3	2.48	9.5	0.28	69.30	1,227	4.1

Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.

Quarterly Results

Consolidated figures in ₹ crore /

₹ Cr	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	348	339	324	380	343	353	339	373	365	378	409	474	457
YOY Sales Growth %			7.91%	10.68%	-1.38%	3.86%	4.47%	-1.95%	6.45%	7.31%	20.74%	27.06%	25.22%
	306	304	285	326	288	311	296	338	310	325	352	401	390
Material Cost %	55%	58%	54%	56%	49%	53%	54%	54%	51%	51%	52%	54%	52%
Employee Cost %	12%	12%	13%	11%	14%	13%	13%	12%	14%	14%	14%	11%	13%
Other Expenses %	20%	19%	21%	18%	22%	22%	21%	24%	20%	21%	20%	19%	20%
Operating Profit	42	35	40	55	55	42	43	35	55	54	57	73	67
OPM %	12%	10%	12%	14%	16%	12%	13%	9%	15%	14%	14%	15%	15%
	4	7	11	8	8	12	7	11	11	10	7	11	5
Exceptional items								-28
Interest	3	2	3	3	3	3	2	1	3	3	5	6	6
Depreciation	10	10	10	10	10	10	10	10	11	11	12	13	14
Profit before tax	34	30	38	49	50	41	37	7	53	50	47	65	53
	27%	31%	22%	26%	28%	29%	28%	133%	29%	26%	29%	28%	29%
Current tax	10	9	9	11	12	12	9	8	14	12	20	16	14
Deferred tax	-0	1	-1	2	2	-0	2	2	1	1	-6	3	1
	25	20	30	37	36	29	27	-2	38	36	34	47	37
Profit from associates													0
YOY Profit Growth %			-6.49%	12.75%	46.66%	42.03%	-10.07%	-106.50%	5.21%	25.83%	25.89%		-1.45%
EPS in Rs	2.70	2.24	3.26	4.04	3.96	3.18	2.93	-0.26	4.17	4.00	3.69	5.19	4.11
Raw filing

₹ Cr	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	256	268	259	298	258	272	268	291	271	279	322	356	316
YOY Sales Growth %				20.10%	0.84%	1.33%	3.55%	-2.20%	5.03%	2.50%	20.25%	22.29%	16.59%
	215	228	221	246	206	231	226	256	218	228	264	286	254
Material Cost %	52%	56%	54%	55%	46%	52%	54%	52%	49%	50%	52%	54%	51%
Employee Cost %	12%	11%	11%	10%	12%	12%	11%	11%	12%	12%	12%	9%	11%
Other Expenses %	20%	18%	20%	17%	21%	21%	19%	25%	19%	20%	18%	18%	18%
Operating Profit	41	40	38	51	52	41	42	35	54	50	58	69	63
OPM %	16%	15%	15%	17%	20%	15%	16%	12%	20%	18%	18%	20%	20%
	6	7	11	7	8	11	8	11	12	10	6	10	7
Exceptional items								-95
Interest	2	1	2	2	2	1	1	0	1	1	1	1	1
Depreciation	6	7	7	7	7	7	7	7	7	8	8	7	8
Profit before tax	39	39	40	50	52	44	42	-58	58	52	56	71	61
	23%	24%	25%	25%	25%	26%	25%		25%	26%	25%	25%	25%
Current tax	10	9	9	11	12	12	9	8	13	12	19	15	13
Deferred tax	-0	1	1	2	1	-1	2	2	1	1	-5	3	2
	30	30	30	38	39	33	31	-67	43	39	42	53	46
YOY Profit Growth %				2.15%	29.57%	10.75%	3.40%	-278.13%	11.28%	19.10%	34.53%		6.46%
EPS in Rs	3.27	3.25	3.29	4.13	4.24	3.60	3.40	-7.35	4.71	4.29	4.58	5.84	5.02
Raw filing

Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Latest quarter on the right.

Profit & Loss

Consolidated figures in ₹ crore /

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	1,364	1,392	1,408	1,627	1,719
YOY Sales Growth %		2.07%	1.10%	15.57%
	1,175	1,221	1,233	1,387	1,467
Material Cost %	54%	56%	52%	52%	52%
Employee Cost %	11%	12%	13%	13%	13%
Other Expenses %	21%	20%	22%	20%	20%
Operating Profit	189	171	175	240	252
OPM %	14%	12%	12%	15%	15%
	30	29	38	39	33
Exceptional items			-28
Interest	16	11	9	16	20
Depreciation	36	39	41	47	50
Profit before tax	167	151	136	215	215
	26%	26%	34%	28%	28%
Current tax	38	38	41	61
Deferred tax	5	1	5	-1
	123	111	89	155	155
Profit from associates					0
YOY Profit Growth %		-9.61%	-19.85%	73.78%
EPS in Rs	14.59	12.24	9.81	17.05	16.99
Dividend Payout %		8%	10%	6%

Compounded Sales Growth

3 Years:: 6%
TTM:: 20%

Compounded Profit Growth

3 Years:: 8%
TTM:: 70%

Stock Price CAGR

3 Years:: 3%
1 Year:: 16%

Return on Equity

4 Years:: 10%
Last Year:: 12%

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	1,025	1,081	1,089	1,228	1,273
YOY Sales Growth %		5.49%	0.77%	12.75%
	849	911	919	997	1,032
Material Cost %	53%	54%	51%	51%	52%
Employee Cost %	11%	11%	11%	11%	11%
Other Expenses %	19%	19%	22%	19%	18%
Operating Profit	176	170	170	232	241
OPM %	17%	16%	16%	19%	19%
	32	30	38	38	33
Exceptional items			-95
Interest	12	6	5	3	3
Depreciation	23	27	29	30	30
Profit before tax	172	168	80	237	241
	25%	24%	56%	25%	25%
Current tax	39	38	41	59
Deferred tax	5	3	4	1
	128	127	35	177	180
YOY Profit Growth %		-1.15%	-72.14%	400.00%
EPS in Rs	15.19	13.94	3.88	19.42	19.73
Dividend Payout %		7%	26%	5%

Compounded Sales Growth

3 Years:: 6%
TTM:: 16%

Compounded Profit Growth

3 Years:: 11%
TTM:: 352%

Stock Price CAGR

3 Years:: 3%
1 Year:: 16%

Return on Equity

4 Years:: 10%
Last Year:: 12%

Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.

Balance Sheet

Consolidated figures in ₹ crore, as at 31 March

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	91	91	91	91
Reserves	981	1,084	1,163	1,311
	182	177	200	372
Long term borrowings	8	3	95	201
Short term borrowings	169	169	104	170
	191	215	236	293
Trade payables	119	133	157	193
Current liabilities	344	365	314	438
Total Liabilities	1,445	1,567	1,691	2,067
	333	381	568	652
Gross block	795	869	1,096	1,251
Accumulated depreciation	462	488	528	599
Goodwill & intangibles	73	73	45	45
CWIP	19	36	199	37
	1,093	1,149	923	1,377
Inventories	377	354	334	394
Trade receivables	283	320	303	378
Cash & equivalents	62	15	15	33
Current assets	998	1,064	1,028	1,136
Total Assets	1,445	1,567	1,691	2,067

Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.

Cash Flows

Consolidated figures in ₹ crore, financial years ending March

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	137	136	206	68
Profit for the year	123	111	89	155
Working capital changes	-28	-1	37	-121
Direct taxes paid	-37	-37	-41	-61
	-312	-158	-212	-197
Fixed assets purchased	-74	-75	-209	-120
Fixed assets sold	1	0	1	4
Investments purchased	-242	-85	-46	-143
Investments sold			46	49
	216	-25	6	146
Proceeds from borrowings		1	92	107
Repayment of borrowings	-130	-6	-0	-0
Interest paid	-16	-11	-9	-16
Dividends paid		-9	-9	-9
Net Cash Flow	41	-47	0	18
Free Cash Flow	63	61	-3	-52

Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.

Ratios

Ratio	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
ROE	—	11.5%	9.9%	7.4%	11.7%
ROCE	—	16.6%	13.4%	10.4%	14.1%
Operating margin	—	11.2%	9.7%	11.1%	12.0%
Net margin	—	9.0%	8.1%	6.4%	9.6%
Debt / equity	—	0.17	0.15	0.16	0.27
Current ratio	—	2.90	2.91	3.27	2.60
Debtor days	—	76	84	79	85
Inventory days	—	187	142	140	143
Days payable	—	59	53	66	70
Cash conversion cycle	—	204	173	153	158
Working capital days	—	175	184	186	158

Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; cash conversion cycle = debtor + inventory − payable days; working capital days = (current assets − current liabilities) ÷ sales × 365.

Shareholding Pattern

Numbers in percentages · as filed with NSE each quarter

Promoters 75.00%
FIIs 1.12%
DIIs 13.93%
Public 9.96%

%	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	74.61%	74.61%	74.61%	74.61%	74.61%	74.61%	74.72%	75.00%	75.00%	75.00%	75.00%	75.00%
	1.61%	1.61%	0.76%	0.56%	0.58%	0.54%	0.88%	0.39%	0.41%	2.37%	1.79%	1.12%
Foreign portfolio investors (Cat. I)	1.61%	1.61%	0.58%	0.56%	0.58%	0.54%	0.88%	0.38%	0.41%	2.37%	1.30%	0.91%
Foreign portfolio investors (Cat. II)			0.18%					0.01%			0.49%	0.20%
	8.14%	7.43%	8.69%	8.85%	8.72%	8.65%	11.85%	12.47%	12.42%	12.43%	13.02%	13.93%
Mutual funds	7.17%	6.95%	8.24%	8.43%	8.42%	8.46%	11.72%	12.36%	12.39%	12.39%	12.91%	13.67%
Insurance companies	0.36%	0.03%	0.03%	0.03%	0.03%	0.02%	0.02%
Alternative investment funds	0.61%	0.45%	0.42%	0.39%	0.27%	0.16%	0.12%	0.12%	0.03%	0.03%	0.11%	0.25%
	15.64%	16.35%	15.94%	15.99%	16.09%	16.21%	12.54%	12.13%	12.17%	10.20%	10.19%	9.96%
Retail (up to ₹2 lakh)	8.28%	8.63%	7.63%	7.74%	7.56%	7.61%	8.12%	7.66%	7.68%	7.70%	7.51%	7.34%
HNIs (above ₹2 lakh)	0.02%	0.18%	0.13%	0.12%	2.28%	2.36%	2.35%	2.70%	2.73%	0.81%	0.91%	1.03%
NRIs	0.43%	0.48%	0.47%	0.48%	0.55%	0.58%	0.61%	0.61%	0.63%	0.66%	0.53%	0.58%
Bodies corporate	6.43%	6.57%	7.26%	7.16%	5.19%	5.20%	0.95%	0.60%	0.60%	0.52%	0.62%	0.47%
No. of Shareholders	96,528	91,107	78,307	79,500	77,771	77,352	78,464	74,886	72,688	70,615	68,521	63,505

Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.

Mutual funds & institutions holding Harsha Engineers International

Holder (above 1%)	Stake
DSP Small Cap FundMutual fund	7.68%
Nippon India Small Cap FundMutual fund	4.54%
ICICI Prudential ESG Exclusionary Strategy FundMutual fund	1.45%

As named in the shareholding pattern for Sep 2026 filed with NSE; mutual funds together hold 13.67% of the company. Shareholders below 1% are not named in the filing.

Documents

Announcements

All announcements on NSE →

Annual reports

Credit ratings

Concalls & investor meets

Filings made by the company with NSE; documents open on NSE's website.

Key dates

Ex-dividend date: 9 Jul 2026
Latest quarter: 30 Jun 2026
Financial year end: 31 Mar 2026

Trade with our broking desk

Open a trading & demat account through Parshvanath Investments, Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539; NSE AP0153037862, BSE AP01095201177059). Execution and service only: no tips or research.

Open an account How it works

Latest news

In the news

From the company (NSE)

Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.

Questions about Harsha Engineers International Limited

What is the share price of Harsha Engineers International Limited today?

Harsha Engineers International Limited (HARSHA) last traded at ₹445.45 on NSE (16 Oct 2026, 3:30 PM IST). Prices may be delayed.

What is the market cap of Harsha Engineers International Limited?

About ₹4,056 crore at the latest price.

What is the P/E ratio of Harsha Engineers International Limited?

About 26.2 times its earnings over the last 12 months.

Is Harsha Engineers International Limited a good investment?

We do not give views on individual shares. Whether any share suits you depends on your goals, time horizon and risk appetite; for long-term goals, a diversified mutual fund is often a simpler way to own shares. Investments in securities markets are subject to market risks.

How can I buy Harsha Engineers International Limited shares?

You need a trading and demat account with a SEBI-registered stock broker. We can help you open one through Parshvanath Investments, an Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539). We provide execution and account service only, not tips or research.

Important. Prices from NSE via Yahoo Finance. Quarterly and annual results, shareholding and documents are taken from the filings the company made with NSE; balance sheet, cash flow and valuation figures are compiled by Yahoo Finance; ratios are computed by us from them. Figures may be delayed or revised. This page is for information only: it is not research, a recommendation or an offer to buy or sell any security. Investments in securities markets are subject to market risks; read all related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934); share broking is offered through Parshvanath Investments, Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539).

Talk to us

Have a question about this topic?

Tell us a little about your situation and an expert will call you back, usually within 2 hours on business days.

Get in touch

We typically respond within 2 hours on business days.

Call us

CA Amit Kumar Jain+91 93522 44475 Arihant Jain+91 80056 49698 Poornima Jain+91 92525 44475

Email ussupport@plenitude.co.in

WhatsAppChat with an expert

Visit us5C, Laxmi Colony, Near Bohra Ji Ka Bagh, Opp. Laxmi Mandir Cinema, Tonk Road, Jaipur, Rajasthan 302015

Mon–Sat · 10:00 AM – 7:00 PM IST

In your free consultation

A health check of your current investments
A goal-based plan for retirement, education or a home
Ways to save tax that fit your situation
Clear next steps, with zero pressure to invest

2,000+Investors

₹250 Cr+Client assets

15+ yrsExperience

AMFI Registered Mutual Fund Distributor · ARN-130934

Experts are available Mon–Sat, 10 AM – 7 PM

Book your free wealth consultation

100% free
No obligation
Reply within 2 hours

First name *

Last name *

Email *

Phone *

+91

I'm interested in *

Best day for a call

Preferred time

How can we help? (optional)

Upload your portfolio (optional, get a free expert review)Attach your portfolio statement · PDF, Excel or CSV (e.g. CAS), max 10 MB

I consent to being contacted by Plenitude Connect about financial services. My data will be handled as per the Privacy Policy.

Join 2,000+ investors who plan with Plenitude

Your details are private and never shared.

Harsha Engineers International Limited share price

Price chart

Quick take

Pros

Cons

AI analysis

About Harsha Engineers International Limited

Peer comparison

Quarterly Results

Profit & Loss

Projection — your assumptions

Related party transactions

Compounded Sales Growth

Compounded Profit Growth

Stock Price CAGR

Return on Equity

Compounded Sales Growth

Compounded Profit Growth

Stock Price CAGR

Return on Equity

Balance Sheet

Cash Flows

Ratios

Shareholding Pattern

Mutual funds & institutions holding Harsha Engineers International

Documents

Announcements

Annual reports

Credit ratings

Concalls & investor meets

Key dates

Trade with our broking desk

Latest news

In the news

From the company (NSE)

Questions about Harsha Engineers International Limited

Have a question about this topic?

Book your free wealth consultation

Request received!

What happens next