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Earnings Call

Harsha Engineers International Earnings Call: Key Takeaways

Harsha Engineers posted strong FY26 performance with consolidated revenue growing 15.6% YoY to ₹1,665 crore and PAT up 73.8% to ₹155 crore.

Why this was an Alfa AlertNot a filter event. Results show strong growth but no explicit prior guidance ranges were provided to confirm a material beat.
Highlights
Revenue growth15.6% YoY for FY26; 27.1% YoY for Q4.
MarginsConsolidated EBITDA margin improved to 17.1% in FY26 from 13.1%.
Demand visibilityStrong export growth aided by Europe demand and zero US tariffs.

Growth

FY26 Consolidated Revenue up 15.6% YoY; EBITDA up 50.4%; PAT up 73.8%. Q4 revenue grew 27.1% YoY.

Outlook

China Brownfield expansion project commenced, fully operational by H2 FY2028. Solar segment showing strong tailwinds.

Risks

Foreign subsidiaries (Romania/China) reported combined net loss of ₹9.3cr; interest and depreciation impacting subsidiary profitability.

Source

Earnings Call filed with NSE, NSE: HARSHA. Summary written with AI assistance from the document.

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Harsha Engineers International Ltd: key numbers

Share price
₹462.05
Market cap
₹4,207 Cr
Revenue (annual)
₹1,627 Cr
Net profit (annual)
₹155.2 Cr
P/E (TTM)
27.2×Sector 33.0×
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.

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Harsha Engineers International Employee Stock Options

Harsha Engineers International Limited approved the grant of 4,28,000 employee stock options to eligible employees under the ESOP 2026 plan.

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Financial Results

Harsha Engineers International Q4 FY26 Results: Turns Profitable, Net Profit ₹47.2 Cr

Harsha Engineers International Ltd reported revenue from operations of ₹473.9 Cr (+27.1% YoY) and net profit of ₹47.2 Cr for Q4 FY26.

Key figure
Net profit ₹47.2 Cr