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Earnings Call

Harsha Engineers International Earnings Call: Key Takeaways

Harsha Engineers reported consolidated revenue growth of 27% for Q4 FY26, driven by a strong solar segment performance and 15.7% engineering growth.

Highlights
Revenue growth27% consolidated growth in Q4 FY26.
MarginsExpect 100-200 bps EBITDA margin improvement over 2-3 years.
Demand visibilityPositive traction in India; slow recovery in Europe.
Management confidenceConfident in mid-teens growth for India engineering.

Growth

Engineering segment reached ₹1,444cr in FY26 vs ₹1,269cr YoY; Bushing business hit ₹127cr, growing 25%.

Outlook

Targeting double-digit top-line growth in FY27; planned ₹120-130cr capex for China expansion and Advantek Phase 2.

Risks

Romania subsidiary reported ₹14cr loss; global turmoil and inflationary pressures in Europe persist as headwinds.

Source

Earnings Call filed with BSE, 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 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