ALFA Finder| 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
- ₹458.05
- Market cap
- ₹4,170 Cr
- Revenue (annual)
- ₹1,627 Cr
- Net profit (annual)
- ₹155.2 Cr
- P/E (TTM)
- 25.6×Sector 33.5×
- Promoter holding
- 75.00%+0.00% QoQ
- FII holding
- 1.11%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Harsha Engineers International Ltd
All →Harsha Engineers International Investor Presentation: Key Takeaways
Q2 FY27 revenue Rs440.1 Cr (+16.3% YoY), PAT Rs45.0 Cr (+23.6% YoY), EBITDA margin 18.6%. Growth from bushings, stampings and India engineering; Advantek turnaround and Romania downsizing.
Harsha Engineers International Q2 FY27 Results: Net Profit ₹45 Cr, Up 23.6% YoY
Harsha Engineers International Ltd reported revenue from operations of ₹440.1 Cr (+16.3% YoY) and net profit of ₹45 Cr (+23.6% YoY) for Q2 FY27.
- Key figure
- Net profit ₹45 Cr · +23.6% YoY
Harsha Engineers International Board Meeting Date
Harsha Engineers International Limited has scheduled a board meeting for November 3, 2026, to consider and approve the standalone and consolidated financial results for the quarter ended September 2026.
Harsha Engineers International Other Announcement
Harsha Engineers International Ltd filed its quarterly shareholding pattern for the quarter ended September 30, 2026. This periodic filing discloses the company's equity ownership structure.
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.
Harsha Engineers International Management Change
Harsha Engineers International Limited announced the resignation of Mr. Lokesh Miglani as Senior General Manager. He will step down effective August 21, 2026, to pursue new opportunities.