Balance Sheet StrengthVery low financial leverage and a 74% equity ratio materially reduce liquidity and refinancing risk. This stronger balance sheet supports capital investment, qualifies the company for large OEM programs, and provides resilience through industrial cycles, sustaining long-term competitiveness.

High And Improving Gross MarginsSustained gross margins near 47.5% indicate manufacturing scale, process control and pricing power in precision components. High gross margins provide durable capacity to absorb cost inflation, reinvest in technology and maintain margin cushions versus cyclical revenue swings.

Strong Operating Cash GenerationGrowing operating cash flow to 2.06bn demonstrates the core factory operations convert sales into cash reliably. That sustained cash generation underpins working capital needs, funds recurring operations and can finance phased capex or deleveraging over multiple cycles.

Bears Say

Negative Free Cash Flow From CapexNegative free cash flow driven by heavy capex places pressure on liquidity and forces external funding or slower deleveraging. If capex persists, it may constrain discretionary spending and dividend policy, raising structural funding needs over the medium term.

Net Margin CompressionA decline in net margins despite rising gross margins signals higher operating expenses, financing or tax impacts that erode bottom-line durability. Persistent net margin pressure would limit retained earnings and reduce the ability to self-fund growth or withstand demand downturns.

Cyclicality Of End MarketsDependence on automotive and industrial cycles makes revenue and utilization volatile across downturns. Structural exposure to cyclical OEM programs can lead to fluctuating orders and margins, requiring cautious capacity planning and financial buffers to sustain through weaker demand periods.

Harsha Engineers International Ltd. News

Harsha Engineers Posts Investor Call Recording on December 2025 Results

Harsha Engineers International Ltd. ( ($IN:HARSHA) ) has provided an update. Harsha Engineers International Limited has released the...

1M ago

Harsha Engineers Releases Q2 2025 Financial Results

The latest announcement is out from Harsha Engineers International Ltd. ( ($IN:HARSHA) ). Harsha Engineers International Ltd. announced...

4M ago

Harsha Engineers Announces Dividend and Tax Deduction Details

Harsha Engineers International Ltd. ( ($IN:HARSHA) ) has provided an announcement. Harsha Engineers International Limited has announced a...

8M ago

Harsha Engineers International Ltd. (HARSHA) Reveals Q4 Dividend: Here’s the Essential Information

Harsha Engineers International Ltd. (NSE: HARSHA) has declared, under its dividend policy, a yearly cash dividend in the...

10M ago

HARSHA FAQ

What was Harsha Engineers International Ltd.’s price range in the past 12 months?

Harsha Engineers International Ltd. lowest stock price was ₹330.00 and its highest was ₹451.00 in the past 12 months.

What is Harsha Engineers International Ltd.’s market cap?

Harsha Engineers International Ltd.’s market cap is ₹31.15B.

When is Harsha Engineers International Ltd.’s upcoming earnings report date?

Harsha Engineers International Ltd.’s upcoming earnings report date is May 21, 2026 which is in 62 days.

How were Harsha Engineers International Ltd.’s earnings last quarter?

Harsha Engineers International Ltd. released its earnings results on Feb 05, 2026. The company reported ₹4 earnings per share for the quarter, the consensus estimate of ₹4 by ₹0.

Is Harsha Engineers International Ltd. overvalued?

According to Wall Street analysts Harsha Engineers International Ltd.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

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 4.4.

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 ₹4 in its last earnings report, expectations of ₹4. Following the earnings report the stock price went down -0.415%.

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.