Why is Harsha Engineers International Ltd ?
1
Poor long term growth as Operating profit has grown by an annual rate -1.17% of over the last 5 years
2
Flat results in Sep 25
- PAT(9M) At Rs 71.98 cr has Grown at -29.29%
- ROCE(HY) Lowest at 11.28%
- CASH AND CASH EQUIVALENTS(HY) Lowest at Rs 22.66 cr
3
Below par performance in long term as well as near term
- Along with generating -31.42% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
How much should you buy?
- Overall Portfolio exposure to Harsha Engg Intl should be less than 10%
- Overall Portfolio exposure to Other Industrial Products should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Other Industrial Products)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Harsha Engg Intl for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Harsha Engg Intl
12.3%
-0.92
34.29%
Sensex
-4.95%
0.44
11.83%
Quality key factors
Factor
Value
Sales Growth (5y)
6.05%
EBIT Growth (5y)
8.01%
EBIT to Interest (avg)
12.28
Debt to EBITDA (avg)
1.35
Net Debt to Equity (avg)
0.06
Sales to Capital Employed (avg)
1.03
Tax Ratio
27.90%
Dividend Payout Ratio
10.19%
Pledged Shares
0
Institutional Holding
14.80%
ROCE (avg)
13.36%
ROE (avg)
10.35%
Valuation Key Factors 
Factor
Value
P/E Ratio
26
Industry P/E
38
Price to Book Value
2.84
EV to EBIT
21.07
EV to EBITDA
16.97
EV to Capital Employed
2.74
EV to Sales
2.50
PEG Ratio
0.79
Dividend Yield
0.23%
ROCE (Latest)
13.02%
ROE (Latest)
11.07%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bearish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bearish
Mildly Bullish
Technical Movement
23What is working for the Company
NET SALES(Q)
Highest at Rs 473.91 cr
PBDIT(Q)
Highest at Rs 73.41 cr.
OPERATING PROFIT TO NET SALES(Q)
Highest at 15.49%
PBT LESS OI(Q)
Highest at Rs 54.85 cr.
PAT(Q)
Highest at Rs 47.23 cr.
EPS(Q)
Highest at Rs 5.19
-10What is not working for the Company
DEBT-EQUITY RATIO(HY)
Highest at 0.27 times
INTEREST(Q)
Highest at Rs 5.80 cr
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Here's what is working for Harsha Engg Intl
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 54.85 cr has Grown at 50.6% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 36.43 CrMOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 47.23 cr has Grown at 78.9% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 26.40 CrMOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Net Sales - Quarterly
Highest at Rs 473.91 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Net Sales - Quarterly
At Rs 473.91 cr has Grown at 24.2% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 381.46 CrMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 73.41 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Operating Profit Margin - Quarterly
Highest at 15.49%
in the last five quartersMOJO Watch
Company's efficiency has improved
Operating Profit to Sales
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 54.85 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
Highest at Rs 47.23 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 5.19
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)
Here's what is not working for Harsha Engg Intl
Interest - Quarterly
Highest at Rs 5.80 cr
in the last five quarters and Increased by 19.83 % (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)
Debt-Equity Ratio - Half Yearly
Highest at 0.27 times
in the last five half yearly periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio