| Management target | Revenue 30.0% FY27 |
|---|
| Revenue growth | 25.2% YoY |
|---|---|
| Margins | Compressed by RM inflation; expected recovery via pass-through |
| Demand visibility | Strong trends in India; improving European/ROW industrial demand |
| Management confidence | High on domestic demand and bushings/stampings segments |
Growth
Revenue: ₹45,743L (25.2% YoY). PAT: ₹3,738L (-1.5% YoY). Engineering consolidated revenue up 21% YoY.
Outlook
Bushings/Stampings targeted to grow >30% in FY27. China brownfield expansion commissioning expected in Q3 FY28.
Risks
RM cost up 6-8%; ₹4Cr forex loss; ₹3Cr indirect material cost spike; Harsha Romania underperformance.
Last quarter's promises, checked
Delivered
- Guided double-digit top line growth → delivered 25.2% YoY (= BEAT)
- Targeted Bushings growth 25-30% → delivered 34.7% (= BEAT)
- Targeted Stampings growth ~20% → delivered 31% (= BEAT)
Partly delivered
- Targeted Advantek bottom line improvement → EBITDA positive but still drag on PAT (= PARTIAL)
Missed
- Guided margin maintenance/improvement → delivered compression from RM/Forex (= MISS)
Investor Presentation filed with BSE, NSE: HARSHA. Summary written with AI assistance from the document.
Harsha Engineers International Ltd: key numbers
- Share price
- ₹464.65
- Market cap
- ₹4,230 Cr
- Revenue (annual)
- ₹1,627 Cr
- Net profit (annual)
- ₹155.2 Cr
- P/E (TTM)
- 27.4×Sector 31.7×
- Promoter holding
- 75.00%+0.00% QoQ
- FII holding
- 1.79%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Harsha Engineers International Ltd
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Harsha Engineers International Ltd reported revenue from operations of ₹457.4 Cr (+25.2% YoY) and net profit of ₹37.4 Cr (-1.3% YoY) for Q1 FY27.
- Key figure
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