
About Harsha Engineers
Harsha Engineers is a publicly listed company based in Ahmedabad (India) founded in 1972 by Harish Ranjit Rangwala. Six West End theatres are owned and operated for productions. The company has 3,260 employees. Its chief executive, as recorded, is Harish Ranjit Rangwala. Its Indian entity Harsha Engineers International Limited reported revenue of βΉ1,665 Cr. Harsha Engineers offers products and services including Brass Cages, Steel Cages, Polyamide Cages, and Stamping Components. Its focus areas include Auto, Auto Components, Sheet Metal and Fabrication Parts. Similar companies include Maini Precision Products, Ramkrishna Forgings and Bharat Forge.
Company details
Harsha Engineers was founded in 1972 in Ahmedabad, India. Six West End theatres are owned and operated within the entertainment sector. Diverse theatrical productions, including plays, musicals, and concerts, are managed and presented. Venue space is provided to production companies, along with operational support. Theatre space is leased under a model focused on operations management and venue utilization.
- Headquarters Ahmedabad, India
- Employees 3,260
- Founders Harish Ranjit Rangwala
- Stage Public
- SectorsTransportation, Automotive & Logistics
- Website harshaengineers.com
- Social LinkedIn X
- Legal Name Harsha Engineers International Ltd.
- Market Cap₹3,827 Cr
HARSHA · NSE
- Share Price₹404.45
-3.78% today
- Revenue₹1,627 Cr
FY 2025-26 · +15.6% YoY
- EBITDA₹240 Cr
Margin 14.7%
- Net Profit₹140 Cr
FY 2025-26 · +31.3% YoY
- P/E (TTM)25.0x
P/B 2.8x
- ROE10.5%
ROCE 12.9%
- Debt / Equity0.22
Interest cover 8.4x
- Employee Count3,260
Associated legal entities of Harsha Engineers
Harsha Engineers is associated with 5 registered companies on The Company Check; the primary company is Harsha Engineers International Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Harsha Engineers International Limited Listed CIN L29307GJ2010PLC063233 | Active | 11 Dec 2010 | Sanand, Gujarat | ₹1,665 Cr | 108 | 13 | View details |
| Nirman Capital Services Private Limited CIN U67120GJ2010PTC060790 | Strike Off | 18 May 2010 | Ahmedabad, Gujarat | 2 | View details | ||
| Harsha Engineers (India) Private Limited CIN U35303GJ2008PTC054503 | Amalgamated | 17 Jul 2008 | Ahmedabad, Gujarat | 3 | View details | ||
| Harsha Engineers Limited CIN U29259GJ1986PLC008520 | Amalgamated | 04 Mar 1986 | Ahmedabad, Gujarat | ₹550 Cr | 1,884 | 10 | View details |
| Aastha Tools Private Limited CIN U29199GJ2002PTC041072 | Amalgamated | 05 Aug 2002 | Ahmedabad, Gujarat | ₹20.7 Cr | 61 | 3 | View details |
Products & Services of Harsha Engineers
Harsha Engineers offers a comprehensive portfolio of products and services, including Brass Cages, Steel Cages, Polyamide Cages, and Stamping Components.
Durable cages for bearing applications in industrial machinery.
Strong cages ensuring reliable performance in bearings.
Lightweight cages for efficient bearing operations.
Engineered components for reliable industrial performance.
Board of directors of Harsha Engineers International Limited (Harsha Engineers)
Harsha Engineers International Limited is the primary company behind Harsha Engineers. The boards of the 5 registered companies of Harsha Engineers currently have 12 directors; the longest-serving is Pilak Rajendra Shah, appointed in 2002. 33 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pilak Rajendra Shah DIN 00407960 | Director | 05 Aug 2002 | 24 yrs 2 mo | Aastha Tools Private Limited, Harsha Engineers International Limited, Harsha Engineers Limited |
| Harish Ranjit Rangwala DIN 00278062 | Managing Director | 11 Dec 2010 | 15 yrs 10 mo | Harsha Engineers International Limited, Harsha Engineers (India) Private Limited, Harsha Engineers Limited |
| Rajendra Shantilal Shah DIN 00061922 | Whole-time director | 06 May 2011 | 15 yrs 5 mo | Harsha Engineers International Limited, Harsha Engineers (India) Private Limited, Harsha Engineers Limited |
| Vishal Harish Rangwala DIN 02452416 | Director | 19 Jun 2017 | 9 yrs 4 mo | Aastha Tools Private Limited, Harsha Engineers International Limited, Harsha Engineers (India) Private Limited, Harsha Engineers Limited |
| Neharika Vohra DIN 06808439 | Director | 10 Aug 2018 | 8 yrs 2 mo | Harsha Engineers Limited |
| Preya Brijesh Ukani DIN 08478535 | Director | 11 Jun 2019 | 7 yrs 4 mo | Nirman Capital Services Private Limited |
| Hetal Brijesh Ukani DIN 01990172 | Director | 02 Dec 2019 | 6 yrs 10 mo | Aastha Tools Private Limited, Harsha Engineers International Limited, Harsha Engineers Limited, Nirman Capital Services Private Limited |
| Bhushan Chelaram Punani DIN 00119874 | Director | 10 Jan 2022 | 4 yrs 9 mo | Harsha Engineers International Limited |
| Ramakrishnan Kasinathan DIN 09461806 | Director | 10 Jan 2022 | 4 yrs 9 mo | Harsha Engineers International Limited |
| Ambar Jayantilal Patel DIN 00050042 | Director | 10 Jan 2022 | 4 yrs 9 mo | Harsha Engineers International Limited, Harsha Engineers Limited |
| Kunal Dilipbhai Shah DIN 02087152 | Director | 10 Jan 2022 | 4 yrs 9 mo | Harsha Engineers International Limited, Harsha Engineers Limited |
| Priyanka Agarwal Chopra DIN 10011547 | Director | 11 Nov 2024 | 1 yr 11 mo | Harsha Engineers International Limited |
People of Harsha Engineers
1 people are tracked at Harsha Engineers (1 in leadership); the tracked headcount is 3,260.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership |
Complete people profiles for Harsha Engineers
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Harsha Engineers
Harsha Engineers is a publicly listed company on the NSE with ticker symbol HARSHA in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date26 Sep 2022
- Listed onNSE: HARSHA · BSE: 543600
- Listed entityHarsha Engineers International Ltd.
- Exchange sectorProducer manufacturing
- ISININE0JUS01029
- Share price₹450.40 (+2.13% on the day) · 2026-10-14
- Market capitalisation₹4,014 Cr
- Price to earnings26.5
- EPS (diluted, trailing year)₹16.99
- Dividend yield0.34%
- Volume (last session)76,382
Financials of Harsha Engineers
Exchange-reported figures of Harsha Engineers International Limited, the listed company behind Harsha Engineers (NSE: HARSHA).
Financial Highlights
FY 2025-26 Β· ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,627 | 1,408 | 1,392 | 1,364 | 1,321 | 874 | 886 |
| Revenue growth | +15.6% | +1.1% | +2.1% | +3.2% | +51.2% | -1.4% | - |
| EBITDA | 240 | 147 | 171 | 189 | 169 | 122 | 85.98 |
| EBITDA margin | +14.7% | +10.5% | +12.3% | +13.9% | +12.8% | +13.9% | +9.7% |
| Profit before tax | 215 | 136 | 151 | 167 | 127 | 60.72 | 31.59 |
| Net profit | 140 | 106 | 109 | 123 | 91.98 | 45.54 | 22.15 |
| Net profit margin | +8.6% | +7.6% | +7.8% | +9.0% | +7.0% | +5.2% | +2.5% |
| EPS (βΉ) | 17.05 | 9.81 | 12.24 | 13.54 | 11.90 | 9.09 | 4.38 |
| Balance sheet | |||||||
| Total assets | 1,789 | 1,469 | 1,364 | 1,265 | 920 | 795 | 800 |
| Net worth | 1,402 | 1,254 | 1,175 | 1,072 | 522 | 427 | 372 |
| Total debt | 372 | 200 | 177 | 182 | 385 | 357 | 419 |
| Cash & bank | 44.98 | 76.18 | 122 | 134 | 39.30 | 45.30 | 57.13 |
| Net working capital | 623 | 556 | 673 | 663 | 539 | 424 | 423 |
| Cash flow | |||||||
| Cash from operations | 68.49 | 206 | 136 | 137 | 36.46 | 121 | 113 |
| Cash from investing | (197) | (212) | (158) | (312) | (51.83) | (19.96) | (51.15) |
| Cash from financing | 146 | 5.91 | (25.43) | 216 | 3.73 | (92.43) | (38.25) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 457 | 474 | 409 | 378 | 365 | 373 | 339 | 353 |
| Revenue growth (YoY) | +25.2% | +27.1% | +20.7% | +7.3% | +6.5% | - | - | - |
| Other income | 5.16 | 10.54 | 6.79 | 10.45 | 10.73 | 11.03 | 6.72 | 12.08 |
| EBITDA | 67.45 | 73.41 | 57.31 | 53.51 | 55.43 | 7.48 | 42.77 | 41.84 |
| EBITDA margin | +14.7% | +15.5% | +14.0% | +14.1% | +15.2% | +2.0% | +12.6% | +11.9% |
| Depreciation | 13.78 | 12.76 | 12.03 | 11.34 | 10.53 | 9.86 | 10.08 | 10.39 |
| Interest | 5.83 | 5.80 | 4.84 | 3.05 | 2.57 | 1.46 | 2.13 | 2.62 |
| Profit before tax | 53.00 | 65.39 | 47.23 | 49.57 | 53.06 | 7.19 | 37.28 | 40.91 |
| Tax | 15.62 | 18.16 | 13.63 | 13.13 | 15.13 | 9.58 | 10.59 | 11.95 |
| Net profit | 37.38 | 47.23 | 33.60 | 36.44 | 37.93 | (2.39) | 26.69 | 28.96 |
| EPS (βΉ) | 4.11 | 5.19 | 3.69 | 4.00 | 4.17 | (0.26) | 2.93 | 3.18 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,228 | 1,089 | 1,081 | 1,025 | 956 | 582 | 601 |
| Revenue growth | +12.8% | +0.8% | +5.5% | +7.1% | +64.3% | -3.1% | - |
| EBITDA | 232 | 75.00 | 170 | 176 | 166 | 91.51 | 64.48 |
| EBITDA margin | +18.9% | +6.9% | +15.8% | +17.2% | +17.4% | +15.7% | +10.7% |
| Profit before tax | 237 | 79.77 | 168 | 172 | 143 | 51.41 | 29.83 |
| Net profit | 150 | 84.61 | 125 | 128 | 106 | 37.97 | 20.10 |
| Net profit margin | +12.2% | +7.8% | +11.6% | +12.5% | +11.1% | +6.5% | +3.4% |
| EPS (βΉ) | 19.42 | 3.88 | 13.94 | 14.10 | 13.73 | 7.60 | 4.02 |
| Balance sheet | |||||||
| Total assets | 1,488 | 1,308 | 1,360 | 1,225 | 871 | 726 | 749 |
| Net worth | 1,430 | 1,269 | 1,245 | 1,124 | 568 | 461 | 417 |
| Total debt | 45.37 | 24.23 | 102 | 90.17 | 290 | 252 | 319 |
| Cash & bank | 27.56 | 65.22 | 96.84 | 121 | 31.99 | 35.75 | 48.90 |
| Net working capital | 450 | 455 | 568 | 554 | 428 | 332 | 345 |
| Cash flow | |||||||
| Cash from operations | 132 | 210 | 124 | 119 | 50.88 | 103 | 84.05 |
| Cash from investing | (132) | (121) | (162) | (306) | (74.58) | 0.18 | (37.76) |
| Cash from financing | 9.44 | (91.71) | (3.31) | 223 | 14.36 | (94.62) | (33.63) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 316 | 356 | 322 | 279 | 271 | 291 | 268 | 272 |
| Revenue growth (YoY) | +16.6% | +22.3% | +20.3% | +2.5% | +5.0% | - | - | - |
| Other income | 6.90 | 9.73 | 6.00 | 10.23 | 12.03 | 10.50 | 7.94 | 11.29 |
| Total expenses | 254 | 286 | 264 | 228 | 218 | 351 | 226 | 231 |
| EBITDA | 62.78 | 69.48 | 58.32 | 50.29 | 53.52 | (60.44) | 42.06 | 41.27 |
| EBITDA margin | +19.8% | +19.5% | +18.1% | +18.0% | +19.7% | -20.8% | +15.7% | +15.2% |
| Depreciation | 7.79 | 7.46 | 7.54 | 7.59 | 7.35 | 7.13 | 7.26 | 7.23 |
| Interest | 0.72 | 0.55 | 0.85 | 0.53 | 0.66 | 0.47 | 1.22 | 1.29 |
| Profit before tax | 61.17 | 71.20 | 55.93 | 52.40 | 57.54 | (57.54) | 41.52 | 44.04 |
| Tax | 15.49 | 18.03 | 14.24 | 13.37 | 14.63 | 9.42 | 10.53 | 11.27 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 457 | 474 | 409 | 378 | 365 | 373 | 339 | 353 |
| Revenue growth (YoY) | +25.2% | +27.1% | +20.7% | +7.3% | +6.5% | - | - | - |
| Other income | 5.16 | 10.54 | 6.79 | 10.45 | 10.73 | 11.03 | 6.72 | 12.08 |
| EBITDA | 67.45 | 73.41 | 57.31 | 53.51 | 55.43 | 7.48 | 42.77 | 41.84 |
| EBITDA margin | +14.7% | +15.5% | +14.0% | +14.1% | +15.2% | +2.0% | +12.6% | +11.9% |
| Depreciation | 13.78 | 12.76 | 12.03 | 11.34 | 10.53 | 9.86 | 10.08 | 10.39 |
| Interest | 5.83 | 5.80 | 4.84 | 3.05 | 2.57 | 1.46 | 2.13 | 2.62 |
| Profit before tax | 53.00 | 65.39 | 47.23 | 49.57 | 53.06 | 7.19 | 37.28 | 40.91 |
| Tax | 15.62 | 18.16 | 13.63 | 13.13 | 15.13 | 9.58 | 10.59 | 11.95 |
| Net profit | 37.38 | 47.23 | 33.60 | 36.44 | 37.93 | (2.39) | 26.69 | 28.96 |
| EPS (βΉ) | 4.11 | 5.19 | 3.69 | 4.00 | 4.17 | (0.26) | 2.93 | 3.18 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,627 | 1,408 | 1,392 | 1,364 | 1,321 | 874 | 886 |
| Revenue growth | +15.6% | +1.1% | +2.1% | +3.2% | +51.2% | -1.4% | - |
| Other income | 38.51 | 37.73 | 29.49 | 29.79 | 17.52 | 2.98 | 13.65 |
| Total expenses | 1,387 | 1,260 | 1,221 | 1,175 | 1,152 | 752 | 800 |
| Employee cost | 215 | 182 | 169 | 156 | 145 | 146 | 149 |
| EBITDA | 240 | 147 | 171 | 189 | 169 | 122 | 85.98 |
| EBITDA margin | +14.7% | +10.5% | +12.3% | +13.9% | +12.8% | +13.9% | +9.7% |
| Depreciation | 46.66 | 40.54 | 39.32 | 36.12 | 35.36 | 34.11 | 35.24 |
| Interest | 16.26 | 8.77 | 10.77 | 15.84 | 24.56 | 29.99 | 32.80 |
| Profit before tax | 215 | 136 | 151 | 167 | 127 | 60.72 | 31.59 |
| Tax | 60.05 | 46.37 | 39.32 | 43.84 | 34.68 | 15.28 | 9.67 |
| Net profit | 140 | 106 | 109 | 123 | 91.98 | 45.54 | 22.15 |
| Net profit margin | +8.6% | +7.6% | +7.8% | +9.0% | +7.0% | +5.2% | +2.5% |
| EPS (βΉ) | 17.05 | 9.81 | 12.24 | 13.54 | 11.90 | 9.09 | 4.38 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 91.04 | 91.04 | 91.04 | 91.04 | 77.25 | 50.00 | 50.00 |
| Reserves & surplus | 1,311 | 1,163 | 1,084 | 981 | 445 | 377 | 295 |
| Shareholders' funds (net worth) | 1,402 | 1,254 | 1,175 | 1,072 | 522 | 427 | 372 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 340 | 198 | 159 | 147 | 305 | 290 | 343 |
| Unsecured loans | 31.70 | 2.85 | 17.27 | 35.35 | 79.91 | 67.14 | 76.29 |
| Total debt | 372 | 200 | 177 | 182 | 385 | 357 | 419 |
| Total liabilities | 1,789 | 1,469 | 1,364 | 1,265 | 920 | 795 | 800 |
| Assets | |||||||
| Gross block | 1,271 | 953 | 916 | 858 | 794 | 746 | 705 |
| Net block | 660 | 414 | 418 | 387 | 356 | 342 | 334 |
| Capital work in progress | 18.52 | 161 | 15.15 | 11.62 | 2.10 | 3.34 | 3.39 |
| Investments | 473 | 305 | 234 | 194 | 6.47 | 9.28 | 6.61 |
| Inventories | 394 | 334 | 354 | 377 | 376 | 268 | 232 |
| Sundry debtors | 378 | 303 | 319 | 280 | 283 | 214 | 239 |
| Cash & bank balances | 44.98 | 76.18 | 122 | 134 | 39.30 | 45.30 | 57.13 |
| Loans & advances | 73.32 | 53.24 | 73.31 | 45.76 | 75.82 | 81.10 | 83.41 |
| Total current assets | 890 | 766 | 868 | 837 | 774 | 608 | 611 |
| Total current liabilities | 267 | 210 | 195 | 174 | 234 | 184 | 188 |
| Net working capital | 623 | 556 | 673 | 663 | 539 | 424 | 423 |
| Total assets | 1,789 | 1,469 | 1,364 | 1,265 | 920 | 795 | 800 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 15.46 | 15.00 | 62.44 | 21.41 | 33.05 | 24.28 | 0.77 |
| Net cash from operating activities | 68.49 | 206 | 136 | 137 | 36.46 | 121 | 113 |
| Net cash from investing activities | (197) | (212) | (158) | (312) | (51.83) | (19.96) | (51.15) |
| Net cash from financing activities | 146 | 5.91 | (25.43) | 216 | 3.73 | (92.43) | (38.25) |
| Net change in cash | 17.63 | 0.46 | (47.44) | 41.03 | (11.64) | 8.77 | 23.51 |
| Closing cash | 44.98 | 76.18 | 122 | 134 | 39.30 | 45.30 | 57.13 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +15.6% | +1.1% | +2.1% | +3.2% | +51.2% | -1.4% | - |
| EBITDA growth | +62.8% | -14.1% | -9.5% | +12.0% | +38.7% | +41.7% | - |
| PBT growth | +58.7% | -10.0% | -9.8% | +32.0% | +108.6% | +92.2% | +9997.0% |
| Net income growth | +31.3% | -2.6% | -11.2% | +33.6% | +102.0% | +105.6% | - |
| Revenue CAGR (3Y) | +6.1% | +2.1% | +16.8% | +15.5% | - | - | - |
| EBITDA CAGR (3Y) | +8.2% | -4.5% | +12.0% | +30.1% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +9.5% | +6.3% | +8.0% | +9.0% | +7.0% | +5.2% | +2.5% |
| Return on capital employed | +12.9% | +12.0% | +12.3% | +16.8% | +17.6% | +11.4% | +8.1% |
| Return on net worth | +10.5% | +8.8% | +9.9% | +15.5% | +19.4% | +11.4% | +5.9% |
| Debt / equity | 0.22 | 0.16 | 0.16 | 0.36 | 0.78 | 0.97 | 1.13 |
| Long-term debt / equity | 0.11 | 0.04 | 0.01 | 0.10 | 0.27 | 0.30 | 0.36 |
| Interest cover | 8.42 | 8.22 | 8.16 | 10.34 | 18.37 | 34.18 | 64.64 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.46 | 1.51 | 1.57 | 1.65 | 1.72 | 1.20 | 1.26 |
| Inventory turnover | 4.47 | 4.09 | 3.81 | 3.62 | 4.11 | 3.50 | 3.82 |
| Debtors turnover | 4.78 | 4.53 | 4.65 | 4.84 | 5.32 | 3.86 | 3.71 |
| EPS (βΉ) | 17.05 | 9.81 | 12.24 | 13.54 | 11.90 | 9.09 | 4.38 |
| Dividend per share (βΉ) | 1.50 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (βΉ) | 153.96 | 137.76 | 129.09 | 117.73 | 67.55 | 85.44 | 68.95 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 316 | 356 | 322 | 279 | 271 | 291 | 268 | 272 |
| Revenue growth (YoY) | +16.6% | +22.3% | +20.3% | +2.5% | +5.0% | - | - | - |
| Other income | 6.90 | 9.73 | 6.00 | 10.23 | 12.03 | 10.50 | 7.94 | 11.29 |
| Total expenses | 254 | 286 | 264 | 228 | 218 | 351 | 226 | 231 |
| EBITDA | 62.78 | 69.48 | 58.32 | 50.29 | 53.52 | (60.44) | 42.06 | 41.27 |
| EBITDA margin | +19.8% | +19.5% | +18.1% | +18.0% | +19.7% | -20.8% | +15.7% | +15.2% |
| Depreciation | 7.79 | 7.46 | 7.54 | 7.59 | 7.35 | 7.13 | 7.26 | 7.23 |
| Interest | 0.72 | 0.55 | 0.85 | 0.53 | 0.66 | 0.47 | 1.22 | 1.29 |
| Profit before tax | 61.17 | 71.20 | 55.93 | 52.40 | 57.54 | (57.54) | 41.52 | 44.04 |
| Tax | 15.49 | 18.03 | 14.24 | 13.37 | 14.63 | 9.42 | 10.53 | 11.27 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,228 | 1,089 | 1,081 | 1,025 | 956 | 582 | 601 |
| Revenue growth | +12.8% | +0.8% | +5.5% | +7.1% | +64.3% | -3.1% | - |
| Other income | 37.99 | 37.94 | 30.48 | 31.63 | 17.82 | 3.73 | 15.82 |
| Total expenses | 997 | 1,014 | 911 | 849 | 791 | 491 | 536 |
| Employee cost | 140 | 125 | 118 | 109 | 96.22 | 89.71 | 90.44 |
| EBITDA | 232 | 75.00 | 170 | 176 | 166 | 91.51 | 64.48 |
| EBITDA margin | +18.9% | +6.9% | +15.8% | +17.2% | +17.4% | +15.7% | +10.7% |
| Depreciation | 29.94 | 28.67 | 26.85 | 23.31 | 19.62 | 17.28 | 20.13 |
| Interest | 2.59 | 4.50 | 6.33 | 11.91 | 21.12 | 26.55 | 30.34 |
| Profit before tax | 237 | 79.77 | 168 | 172 | 143 | 51.41 | 29.83 |
| Tax | 60.27 | 44.41 | 40.74 | 43.91 | 36.91 | 13.43 | 9.72 |
| Net profit | 150 | 84.61 | 125 | 128 | 106 | 37.97 | 20.10 |
| Net profit margin | +12.2% | +7.8% | +11.6% | +12.5% | +11.1% | +6.5% | +3.4% |
| EPS (βΉ) | 19.42 | 3.88 | 13.94 | 14.10 | 13.73 | 7.60 | 4.02 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 91.04 | 91.04 | 91.04 | 91.04 | 77.25 | 50.00 | 50.00 |
| Reserves & surplus | 1,338 | 1,178 | 1,154 | 1,033 | 491 | 383 | 340 |
| Shareholders' funds (net worth) | 1,430 | 1,269 | 1,245 | 1,124 | 568 | 461 | 417 |
| Secured loans | 44.04 | 22.28 | 98.45 | 68.04 | 223 | 193 | 214 |
| Unsecured loans | 1.33 | 1.95 | 3.88 | 22.13 | 67.07 | 58.96 | 106 |
| Total debt | 45.37 | 24.23 | 102 | 90.17 | 290 | 252 | 319 |
| Total liabilities | 1,488 | 1,308 | 1,360 | 1,225 | 871 | 726 | 749 |
| Assets | |||||||
| Gross block | 620 | 570 | 531 | 495 | 444 | 403 | 387 |
| Net block | 289 | 264 | 251 | 239 | 204 | 181 | 179 |
| Capital work in progress | 5.58 | 31.82 | 6.96 | 10.96 | 1.61 | 2.68 | 1.81 |
| Investments | 727 | 541 | 515 | 399 | 211 | 188 | 185 |
| Inventories | 286 | 272 | 289 | 291 | 293 | 197 | 172 |
| Sundry debtors | 286 | 244 | 269 | 219 | 214 | 165 | 197 |
| Cash & bank balances | 27.56 | 65.22 | 96.84 | 121 | 31.99 | 35.75 | 48.90 |
| Loans & advances | 46.01 | 35.51 | 68.38 | 41.79 | 71.32 | 85.24 | 85.22 |
| Total current assets | 645 | 616 | 723 | 672 | 610 | 483 | 503 |
| Total current liabilities | 195 | 161 | 155 | 119 | 182 | 151 | 158 |
| Net working capital | 450 | 455 | 568 | 554 | 428 | 332 | 345 |
| Total assets | 1,488 | 1,308 | 1,360 | 1,225 | 871 | 726 | 749 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 7.82 | 10.14 | 51.63 | 16.09 | 25.43 | 17.27 | 4.61 |
| Net cash from operating activities | 132 | 210 | 124 | 119 | 50.88 | 103 | 84.05 |
| Net cash from investing activities | (132) | (121) | (162) | (306) | (74.58) | 0.18 | (37.76) |
| Net cash from financing activities | 9.44 | (91.71) | (3.31) | 223 | 14.36 | (94.62) | (33.63) |
| Net change in cash | 9.21 | (2.32) | (41.49) | 35.54 | (9.34) | 8.16 | 12.66 |
| Closing cash | 27.56 | 65.22 | 96.84 | 121 | 31.99 | 35.75 | 48.90 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +12.8% | +0.8% | +5.5% | +7.1% | +64.3% | -3.1% | - |
| EBITDA growth | +208.8% | -56.0% | -3.2% | +6.0% | +81.3% | +41.9% | - |
| PBT growth | +197.2% | -52.4% | -2.7% | +20.5% | +178.1% | +72.3% | +9998.0% |
| Net income growth | +77.3% | -32.5% | -2.0% | +20.6% | +179.5% | +88.9% | - |
| Revenue CAGR (3Y) | +6.2% | +4.4% | +22.9% | +19.5% | +98.9% | +9.5% | +84.8% |
| EBITDA CAGR (3Y) | +9.6% | -23.3% | +23.0% | +39.7% | - | +128.0% | - |
| Profitability & leverage | |||||||
| Net income margin | +14.4% | +3.3% | +11.7% | +12.5% | +11.1% | +6.5% | +3.4% |
| Return on capital employed | +17.1% | +13.3% | +13.5% | +17.6% | +20.6% | +10.6% | +13.6% |
| Return on net worth | +13.1% | +6.7% | +10.7% | +15.2% | +20.6% | +8.7% | +9.4% |
| Debt / equity | 0.03 | 0.05 | 0.08 | 0.22 | 0.53 | 0.65 | 1.03 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.08 | 0.21 | 0.20 | 0.32 |
| Interest cover | 1.28 | 9.71 | 4.41 | 7.81 | 14.44 | 35.77 | 68.41 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.06 | 1.98 | 2.11 | 2.18 | 2.26 | 1.47 | 3.09 |
| Inventory turnover | 4.41 | 3.89 | 3.73 | 3.51 | 3.91 | 3.15 | 6.64 |
| Debtors turnover | 4.64 | 4.25 | 4.44 | 4.74 | 5.06 | 3.22 | 3.54 |
| EPS (βΉ) | 19.42 | 3.88 | 13.94 | 14.10 | 13.73 | 7.60 | 4.02 |
| Dividend per share (βΉ) | 1.50 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (βΉ) | 157.02 | 139.44 | 136.80 | 123.43 | 73.53 | 86.66 | 78.03 |
Similar companies to Harsha Engineers
Harsha Engineers has 3 listed similar companies in our database. They include Maini Precision Products, Ramkrishna Forgings and Bharat Forge.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mainiprecisionproducts.com | 1973 | Bengaluru, India | 1,445 | Manufacturer & supplier of precision products and assemblies | ||
| ramkrishnaforgings.com | 1981 | Kolkata, India | 2,653 | Ramkrishna Forgings is engaged in metal forming and manufacturing. | ||
| bharatforge.com | 1961 | Pune, India | 4,132 | Technology-enabled automotive tools, forging, and machining materials are manufactured. |
Detailed similar companies of Harsha Engineers
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Web traffic of Harsha Engineers
The website of Harsha Engineers (harshaengineers.com) receives about 2.3K visits a month.
- Monthly visits2.3K
▼ 87% vs previous month
Websites whose visitors overlap most with Harsha Engineers. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| harsha-abakus.com | 100% | 1.4K | View details |
Top companies in Automotive Manufacturing & Components
3 companies that operate in the same segment as Harsha Engineers (Automotive Manufacturing & Components) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electrical and electronic parts for automobiles are provided by SEDEMAC. | 2007 | Pune, Maharashtra, India | USD 26.22 M | USD 32.69 M | 415 | |
Manufacturer of petrol, CNG, diesel and electric last mile mobility 3 & 4 wheelers, passenger, and cargo vehicles | 1994 | Mumbai, Maharashtra, India | USD 137.89 M | USD 17.06 B | 33,980 | |
Lithium-ion batteries for electric vehicles are manufactured across categories. | 2006 | Gurugram, Haryana, India | USD 34.18 M | 177 |
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Frequently Asked Questions about Harsha Engineers
Harsha Engineers was founded in 1972.
Harsha Engineers is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Harish Ranjit Rangwala is the CEO of Harsha Engineers, as recorded in our data. They have also founded this company.
Harsha Engineers has 3,260 employees.
The primary company behind Harsha Engineers, Harsha Engineers International Limited, reported revenue of βΉ1,665 Cr for FY 2026, up 16% year on year.
Harsha Engineers was founded in 1972 in Ahmedabad, India. Six West End theatres are owned and operated within the entertainment sector. Diverse theatrical productions, including plays, musicals, and concerts, are managed and presented. Venue space is provided to production companies, along with operational support. Theatre space is leased under a model focused on operations management and venue utilization.
Harsha Engineers's top competitors include Bharat Forge, Maini Precision Products and Ramkrishna Forgings.
Harsha Engineers offers Brass Cages, Steel Cages, Polyamide Cages, and Stamping Components.
Yes, Harsha Engineers is publicly traded on NSE under the ticker symbol HARSHA.
Harsha Engineers is associated with 5 legal entities: Harsha Engineers International Limited, Aastha Tools Private Limited, Harsha Engineers (India) Private Limited and others.
The legal entities of Harsha Engineers currently have 15 directors, including Hetal Brijesh Ukani, Pilak Rajendra Shah, Vishal Harish Rangwala and others.
