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Harsha Engineers International share price & results

Harsha Engineers International Limited· Capital Goods· Industrials

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

India's largest manufacturer of precision bearing cages, also engineering bushings, stamped components and solar EPC.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue457 ₹ crore+25.2% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin15.0 %0.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit37.0 ₹ crore−2.6% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity11.60 %+1.7 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin-2.95 %−2.8 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)20.14 %+14.4 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

4 of 6 judged targets kept · 14 open · verdicts reflect calls analysed to Q1 FY27.

Harsha Engineers International Limited management guidance track record on Inve: 20 targets tracked across analysed earnings calls (4 achieved, 2 missed, 14 open).

TargetOriginal wordingSaidLatest callVerdict
Consolidated Topline Growthwe should achieve an overall double-digit growth in top line
Call transcript, Q4 FY26 · 7 May 2026		Q4 FY26Q1 FY27:Guidance revised to 'low-to-medium teens' and 'low-teen for FY27 overall'. This narrows the expectation to the lower end of double-digits.
Call transcript, Q1 FY27 · 11 Aug 2026		Revised Down
Harsha Advantek Profitabilitypositive turnaround by end of current financial year (FY26)
Call transcript, Q1 FY26 · 6 Aug 2025		Q1 FY26Q1 FY27:Management expects Advantek to be PAT positive by the end of FY27. This is consistent with the delayed timeline.
Call transcript, Q1 FY27 · 11 Aug 2026		On Track

Source: Inve Guidance Tracker for Harsha Engineers International Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

2 of Harsha Engineers International Limited's 20 targets were missed. See which ones, and which are quietly gone. The 2 above are the free sample; 18 more targets are in the full ledger.

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Price

₹418.05 +2.43% · +₹9.9

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance +4.0% 1Y

₹350₹400₹450Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 6 Nov 2025Q3 FY26 — 5 Feb 2026Q4 FY26 — 7 May 2026Q1 FY27 — 11 Aug 2026

1Y: ₹402.1 on 24 Oct 2025 → ₹418.05. High ₹474.5 (1 Oct 2026), low ₹314.25 (30 Mar 2026).

Previous close
₹408.15
Market cap
₹3.7k Cr
52-week range
₹314.25 – ₹474.5
One year
+5.54%
Price to earnings (TTM to Jun 2026)
24.13×
Return on equity (TTM to Jun 2026)
11.60%

Overview

Symbol
NSE:HARSHA
Industry
Industrials
Exchange
NSE
Currency
INR

What Harsha Engineers International Limited does

Based on the company's own presentations, annual report and earnings calls.

Harsha Engineers International manufactures precision bearing cages in steel, brass and polyamide, along with bushings and precision-stamped components, for automotive, railway, wind, aerospace and industrial machinery applications. It earns through direct supply contracts with global bearing manufacturers and industrial OEMs, with in-house tooling design and automation supporting its manufacturing process. It has diversified into a Solar EPC and O&M business executing small-to-mid-sized rooftop and ground-mounted solar projects, and into precision-stamped components for EV and industrial customers.

Segments

  • Engineering (Bearing cages, bushings & stamped components)
  • Solar EPC and O&M
Market position
Largest manufacturer of precision bearing cages in India
Domestic market share
50-60%
Global organized bearing cages market share
6.5%
Manufacturing facilities
6 strategically located facilities (including leased), with warehouses worldwide
Geographic footprint
Supplies to over 25 countries across 5 continents
Customer base
Supplies to each of the top 6 global bearing manufacturers
Founded 1986Headquarters Changodar, Ahmedabad, Sanand - 382213, Gujarat, India Company website

How the price took the results

close before → close after

Q1 FY27
−5.1%
11 Aug
Q4 FY26
+11.7%
7 May
Q3 FY26
−0.3%
5 Feb
Q2 FY26
−2.3%
6 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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