Harsha Engineers International Ltd (HARSHA) — shareholding pattern, promoter holding, financials and share price
About Harsha Engineers International Ltd (HARSHA)
Harsha Engineers International Ltd operates in the Other Industrial Products industry, within the Capital Goods sector. It trades on the NSE as HARSHA and on the BSE under scrip code 543600. Its ISIN is INE0JUS01029.
Incorporated in 2010, Harsha Engineers Ltd is a leading engineering company that offers a diversified suite of products across geographies and end-user industries. It manufactures brass, steel, and polyamide cages and stamped components with production facilities located in Asia (India & China) and in Europe (Romania). [1]
Harsha Engineers International Limited is a precision engineering company manufacturing bearing cages, bronze bushings and precision stampings, while also operating a Solar EPC and O&M business; the group has manufacturing locations in India, China and Romania, supplies to the top six global bearing manufacturers and claims over 7,500 products and presence in 25+ countries.
Q3 FY26 consolidated performance showed robust momentum: consolidated revenue growth of 20.7% YoY and adjusted EBITDA and PAT (after excluding a one-time labour code provision of Rs.5.97 crore) grew about 41.6% and 42.7% respectively on a YoY basis, signaling operational leverage in the core engineering business despite some overseas weakness.
Listed peers in Other Industrial Products: Subros Ltd, Kirloskar Industries Ltd, Ador Welding Ltd, Diffusion Engineers Ltd, Safe Enterprises Retail Fixtures Ltd, Emkay Tools Ltd.
Valuation & Returns
10 Jul 2026At ₹426.55 a share on 10 Jul 2026, Harsha Engineers International Ltd (HARSHA) was valued at a price-to-earnings ratio of 25.02x against an industry P/E of 37x and a price-to-book of 2.77x on a book value of ₹153.96 per share as of Mar 2026. Solomo computes return on equity of 11.07% and return on capital employed of 13.05% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 25.02x
- Industry P/E
- 37x
- P/B
- 2.77x
- EPS (TTM)
- ₹17.05
- Book value / share
- ₹153.96
- ROE
- 11.07%
- ROCE
- 13.05%
- ROA
- 7.51%
- Debt / equity
- 0.27x
- Dividend yield
- 0.59%
- EBITDA margin
- 17.1%
- 52-week range
- ₹311.05 – ₹469
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Harsha Engineers International Ltd (HARSHA) reported revenue of ₹1,627 crore, net profit of ₹155 crore and earnings per share of ₹17.05. That compares with revenue of ₹1,408 crore and net profit of ₹89 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹474 crore and net profit ₹47 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 1,321 | 1,364 | 1,392 | 1,408 | 1,627 |
| Net profit (₹ cr) | 92 | 123 | 111 | 89 | 155 |
| EPS (₹) | 11.9 | 13.54 | 12.24 | 9.81 | 17.05 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | 16.11% | 6.22% | 15.57% |
| Profit growth | 36.01% | 11.25% | 73.78% |
| Stock price CAGR | - | -1% | 4% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 75% of Harsha Engineers International Ltd (HARSHA) (unchanged from the previous quarter), foreign institutional investors (FII) hold 1.79% and domestic institutional investors (DII) hold 13.02%. Market capitalisation was ₹3,883 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2022.
Largest disclosed public shareholders in Jun 2026: Dsp Small Cap Fund 7.68%, Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund 4.54%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 75% | - | 1.79% | 13.02% | 25% |
| Mar 2026 | 75% | - | 2.37% | 12.43% | 25% |
| Dec 2025 | 75% | - | 0.41% | 12.42% | 25% |
| Sep 2025 | 75% | - | 0.39% | 12.47% | 25% |
| Jun 2025 | 74.72% | - | 0.88% | 11.85% | 25.28% |
| Mar 2025 | 74.61% | - | 0.54% | 8.65% | 25.39% |
| Dec 2024 | 74.61% | - | 0.58% | 8.72% | 25.39% |
| Sep 2024 | 74.61% | - | 0.56% | 8.85% | 25.39% |