Harsha Engineers International Ltd. (IN:HARSHA)
:HARSHA
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HARSHA Stock Chart & Stats
₹395.30
-₹6.25(-1.27%)
At close: 4:00 PM EST
₹395.30
-₹6.25(-1.27%)
Day’s Range― - ―
52-Week Range₹311.05 - ₹469.00
Previous CloseN/A
Volume13.37K
Average Volume (3M)3.02K
Market Cap
₹36.09B
Enterprise Value₹40.09B
Total Cash (Recent Filing)₹2.83B
Total Debt (Recent Filing)₹3.17B
Price to Earnings (P/E)18.4
Beta1.36
Next Earnings
Aug 12, 2026EPS Estimate
4.1Next Dividend Ex-DateN/A
Dividend Yield0.27%
Share Statistics
EPS (TTM)10.84
Shares Outstanding91,044,106
10 Day Avg. Volume1,712
30 Day Avg. Volume3,020
Financial Highlights & Ratios
PEG Ratio0.25
Price to Book (P/B)2.04
Price to Sales (P/S)1.76
P/FCF Ratio-51.32
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹461.00Price Target Upside16.62% Upside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)19.1
Revenue Forecast (FY)₹17.32B
Bulls Say, Bears Say
Bulls Say
Balance Sheet StrengthMaterial deleveraging to a ~0.16 debt/equity ratio and consistent equity expansion improve financial flexibility. This durable strength lowers refinancing risk, supports capital expenditure and qualification timelines with OEMs, and provides buffer during demand cycles over the next 2–6 months.
Revenue Growth MomentumTop-line acceleration to ~11.8% in FY2026 after low-single-digit growth shows strengthening end-market demand and better order flow. Sustained revenue growth supports higher capacity utilization and the potential to stabilize unit economics and recover margins if maintained over subsequent quarters.
Specialized Manufacturing NicheFocus on high-precision bearing cages and engineered components creates technical barriers, requiring quality approvals and long OEM qualification cycles. This specialization drives stickier customer relationships, pricing leverage on complex parts, and defensibility against commodity competitors over the medium term.
Bears Say
Weak Cash ConversionA sharp drop in operating cash flow and materially negative free cash flow indicate inconsistent cash conversion. Persisting cash deficits raise funding needs for working capital and capex, increase execution risk on new contracts, and could force external financing that constrains strategic flexibility.
Volatile ProfitabilityDeclining net margins and swings in operating profit suggest inconsistent cost control or adverse mix effects. Even with revenue gains, volatile profitability undermines return on invested capital and makes earnings less predictable, complicating reinvestment and long-term margin recovery plans.
Customer Concentration & FX ExposureDependence on a concentrated bearing supply chain and export FX exposure creates structural revenue volatility. Loss of a major OEM contract, approval delays, or adverse currency moves can materially impact volumes and margins, pressuring growth and requiring proactive risk mitigation.
Harsha Engineers International Ltd. News
HARSHA FAQ
What was Harsha Engineers International Ltd.’s price range in the past 12 months?
Harsha Engineers International Ltd. lowest stock price was ₹311.05 and its highest was ₹469.00 in the past 12 months.
What is Harsha Engineers International Ltd.’s market cap?
Harsha Engineers International Ltd.’s market cap is ₹36.09B.
When is Harsha Engineers International Ltd.’s upcoming earnings report date?
Harsha Engineers International Ltd.’s upcoming earnings report date is Aug 12, 2026 which is in 83 days.
How were Harsha Engineers International Ltd.’s earnings last quarter?
Harsha Engineers International Ltd. released its earnings results on May 07, 2026. The company reported ₹5.2 earnings per share for the quarter, beating the consensus estimate of ₹4.2 by ₹1.
Is Harsha Engineers International Ltd. overvalued?
According to Wall Street analysts Harsha Engineers International Ltd.’s price is currently Undervalued.
Does Harsha Engineers International Ltd. pay dividends?
Harsha Engineers International Ltd. pays a Annually dividend of ₹1 which represents an annual dividend yield of 0.27%. See more information on Harsha Engineers International Ltd. dividends here
What is Harsha Engineers International Ltd.’s EPS estimate?
Harsha Engineers International Ltd.’s EPS estimate is 4.1.
How many shares outstanding does Harsha Engineers International Ltd. have?
Harsha Engineers International Ltd. has 91,044,106 shares outstanding.
What happened to Harsha Engineers International Ltd.’s price movement after its last earnings report?
Harsha Engineers International Ltd. reported an EPS of ₹5.2 in its last earnings report, beating expectations of ₹4.2. Following the earnings report the stock price went up 11.613%.
Which hedge fund is a major shareholder of Harsha Engineers International Ltd.?
Currently, no hedge funds are holding shares in IN:HARSHA
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Harsha Engineers International Ltd.
Harsha Engineers International Limited manufactures and sells brass cages, steel cages, polyamide precision bearing cages, and stamped components in India and internationally. The company offers cylindrical roller, spherical roller, deep grove, angular contact, thrust roller, and taper roller cages. Its stamped components are used in automotive, bearing and sealing, and electrical and appliance industry. The company was formerly known as Harsha Engineers International Private Limited and changed its name to Harsha Engineers International Limited in January 2022. The company was founded in 1972 and is based in Ahmedabad, India.
HARSHA Stock 12 Month Forecast
Average Price Target
₹461.00
▲(16.62% Upside)
Technical Analysis
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