Harish Textile Engineers Ltd (HARISH)

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Harish Textile Engineers Ltd (HARISH) · mywealthgrid

About

Harish Textile Engineers Ltd operates in Industrial Products within the Industrials sector.

Face value: ₹10

Market cap

₹22 Cr

P/E

84.1×

P/B

1.5×

Dividend yield

ROE

47.5%

ROCE

81.5%

Debt / equity

2.09

OPM

9.2%

EPS (TTM)

₹0.8

Book value

₹43.2

52-week high

—

52-week low

—

1,671 historical price candles were omitted because the exchange source has not been verified.

Only one verified price point is available. The trend chart will appear when more exchange closes are stored.

Quick read

rule-based

Pros

+High return on capital employed of 45.7%
+Profit CAGR of 25.9% over the last 5 years

Cons

−Heavily leveraged (debt/equity 2.1)
−Expensive at 84.1× trailing earnings

Research score

Structured signal from quality, growth, valuation and momentum.

34/100

Business quality: 45
Growth: 12
Valuation: 45

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Indo-Mim LimitedINDOMIMINDOMIM	₹62,891 Cr	₹63,981 Cr	₹4,193 Cr	₹1,071 Cr	25.5%	₹534 Cr	12.7%	29.6%	21.3%	—
Aditya Infotech LimitedCPPLUSCPPLUS	₹44,797 Cr	₹44,910 Cr	₹4,883 Cr	₹709 Cr	13.4%	₹477 Cr	8.7%	33.8%	25.5%	61
Syrma Sgs Technology LimitedSYRMASYRMA	₹33,121 Cr	₹33,474 Cr	₹5,464 Cr	₹610 Cr	11.3%	₹402 Cr	7.2%	18.7%	15%	48
Honeywell Automation India LimitedHONAUTHONAUT	₹29,454 Cr	₹29,454 Cr	₹4,703 Cr	₹637 Cr	12.9%	₹551 Cr	11.2%	16.7%	12.4%	-12
Jyoti Cnc Automation LimitedJYOTICNCJYOTICNC	₹23,470 Cr	₹24,320 Cr	₹2,191 Cr	₹535 Cr	25.2%	₹322 Cr	16.1%	25.3%	18.2%	359
Kaynes Technology India LimitedKAYNESKAYNES	₹22,773 Cr	₹23,648 Cr	₹3,899 Cr	₹609 Cr	15.8%	₹346 Cr	10%	15.4%	9.6%	193
Lmw LimitedLMWLMW	₹17,706 Cr	₹17,706 Cr	₹3,374 Cr	₹219 Cr	5.3%	₹175 Cr	4.1%	6.4%	4.6%	23
Tega Industries LimitedTEGATEGA	₹15,721 Cr	₹16,039 Cr	₹3,059 Cr	₹231 Cr	13.7%	₹21 Cr	8.4%	8.5%	5.9%	153
Lloyds Engineering Works LimitedLLOYDSENGGLLOYDSENGG	₹14,553 Cr	₹14,587 Cr	₹1,611 Cr	₹229 Cr	14.5%	₹163 Cr	15.2%	17.5%	16.4%	184
Kennametal India LimitedKENNAMETKENNAMET	₹9,411 Cr	₹9,411 Cr	₹991 Cr	₹179 Cr	18.1%	₹114 Cr	11.5%	24.5%	18.5%	170
Dynamatic Technologies LimitedDYNAMATECHDYNAMATECH	₹9,354 Cr	₹9,883 Cr	₹1,675 Cr	₹200 Cr	11.3%	₹42 Cr	2%	12.3%	4.3%	142
Standard Engineering Technology LimitedSETLSETL	₹8,318 Cr	₹8,376 Cr	₹849 Cr	₹129 Cr	15.4%	₹89 Cr	10.7%	15.5%	10.7%	335

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	84	82	107	116	131	132	138
COGS	58	58	71	76	87	84	83
Gross profit	26	24	36	40	45	48	56
	26	20	29	34	39	42	43
	0	3	7	6	5	5	13
OPM %	0.1%	4.2%	6.9%	5.4%	4.1%	4%	9.2%
Depreciation	2	2	2	2	2	2	2
Interest	3	3	5	5	5	4	4
	5	4	0	1	2	1	0
Profit before tax	-1	2	1	0	-0	0	7
Tax	0	0	0	0	-0	-0	2
Tax %	37.7%	1.1%	27.3%	140%	-22.2%	-50%	24.9%
	-1	2	0	-0	-0	0	6
PAT margin %	-0.9%	2.1%	0.5%	-0%	-0.2%	0.2%	4%
EPS (₹)	-2.2	5.3	1.5	-0.1	-0.9	0.6	16.6
EPS adjusted (₹)	-2.2	5.2	1.4	-0.1	-0.8	0.7	16.6
Annual report	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	3	3	3	3	3	3	3
Reserves	4	6	6	6	6	6	11
	25	25	36	40	36	32	30
	40	34	33	28	32	36	36
Total equity & liabilities	73	68	79	77	78	76	80
	24	23	27	26	27	28	20
CWIP	0	0	1	2	0	1	2
Investments	0	0	0	0	0	0	0
	49	45	51	50	50	47	58
Total assets	73	68	79	77	78	76	80

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	-7	1	1	6	11	11	7
	-3	-0	-7	-2	-1	-2	-1
	10	-1	7	-6	-9	-8	-5
Net cash flow	-0	0	1	-2	0	-0	1
Free cash flow	-17	1	-6	5	9	11	6
CFO / Operating profit %	—	41.6%	7.5%	96.3%	200.4%	204%	58.2%

Compounded sales growth

7 years: —
5 years: 11%
3 years: 6%
1 year: 5%

Compounded profit growth

7 years: —
5 years: 26%
3 years: —
1 year: 2,208%

Return on equity

7 years: 7%
5 years: 9%
3 years: 13%
Last year: 38%

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Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	31%	29%	33.5%	34.8%	34%	36.1%	40.1%
EBITDA margin %	0.1%	4.2%	6.9%	5.4%	4.1%	4%	9.2%
EBIT margin %	-2.8%	1.6%	4.8%	3.5%	2.7%	2.7%	7.9%
PAT margin %	-0.9%	2.1%	0.5%	-0%	-0.2%	0.2%	4%
Working capital
Receivable days	78	80	71	57	62	73	77
Inventory days	113	84	72	92	68	58	60
Payable days	177	136	111	100	87	99	101
NWC days	14	28	32	49	42	32	35
Leverage
Current ratio	0.84	0.87	0.89	0.84	0.75	0.67	0.74
Debt to EBITDA	275.78	7.32	4.9	6.31	6.61	6.03	2.38
Debt to equity	3.38	2.77	3.75	4.16	3.88	3.55	2.09
Interest coverage	0.8	1.5	1.1	1	0.9	1	2.9
Asset turnover	1.15	1.2	1.35	1.51	1.69	1.73	1.72
Return ratios
Return on assets %	-1%	2.6%	0.6%	-0%	-0.4%	0.3%	6.9%
Return on capital employed %	12.6%	25.5%	24%	22.3%	26.1%	29.4%	81.5%
Return on equity %	-9.9%	19.3%	5%	-0.3%	-3%	2.7%	38.4%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	48.15%	48.15%	48.15%	48.15%	48.15%	48.15%	48.15%	48.15%	48.15%	48.15%	48.15%	48.15%
FII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	51.8%	51.8%	51.8%	51.8%	51.8%	51.8%	51.8%	51.8%	51.8%	51.8%	51.8%	51.8%
No. of shareholders	—	—	—	—	—	—	—	—	9,839	9,803	9,837	9,790

Promoter holding up 0 percentage points since Sep 2023.

9 deals · 10 Aug 2021 – 5 Feb 2025

Date	Client	Type	Venue	Side	Quantity	Price	Value
5 Feb 2025	MILLENNIUM STOCK BROKING PVT LTD	Bulk	BSE	Sell	20,000	₹79.15	₹0.16 Cr
1 Oct 2024	ASCENT FINSERV	Bulk	BSE	Buy	23,035	₹89.24	₹0.21 Cr
1 Oct 2024	ASCENT FINSERV	Bulk	BSE	Sell	3,035	₹87.19	₹0.03 Cr
14 Aug 2024	MAMTAJAIN	Bulk	BSE	Buy	17,000	₹69.16	₹0.12 Cr
29 Jul 2024	GUNJAN GOYAL	Bulk	BSE	Buy	17,409	₹55.20	₹0.10 Cr
1 Aug 2023	KUNAL KANSAL	Bulk	BSE	Buy	19,227	₹52.98	₹0.10 Cr
28 Jul 2023	KAILASHBEN ASHOKKUMAR PATEL	Bulk	BSE	Buy	29,164	₹44.76	₹0.13 Cr
18 Nov 2021	KAILASHBEN ASHOKKUMAR PATEL	Bulk	BSE	Buy	20,000	₹45.15	₹0.09 Cr
10 Aug 2021	KAILASHBEN ASHOKKUMAR PATEL	Bulk	BSE	Buy	19,900	₹41.75	₹0.08 Cr

1–9 of 9

1 / 1

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mr. Sandeep Kirtikumar GandhiManaging Director
Mr. Sunil Narayan BhirudExecutive Director
Mr. Pinkesh UpadhyayChief Financial Officer (CFO)
Mrs. Bhavna BrahmbhattNon - Executive Independent Director
Mr. Ashwini Ramakant GuptaNon - Executive Independent Director
Ms. Priya GuptaCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Harish Textile Engineers Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

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Events

Upcoming dates and the company’s corporate-action history.

1

Board meeting to consider results14 Aug 2026

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

16 announcementsExport CSV

1 Oct 2026, 10:47 pmAGM/EGM

Outcome Of Voting Results For 16Th Annual General Meeting

AGM PDF

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Ratio	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	31%	29%	33.5%	34.8%	34%	36.1%	40.1%
EBITDA margin %	0.1%	4.2%	6.9%	5.4%	4.1%	4%	9.2%
EBIT margin %	-2.8%	1.6%	4.8%	3.5%	2.7%	2.7%	7.9%
PAT margin %	-0.9%	2.1%	0.5%	-0%	-0.2%	0.2%	4%
Working capital
Receivable days	78	80	71	57	62	73	77
Inventory days	113	84	72	92	68	58	60
Payable days	177	136	111	100	87	99	101
NWC days	14	28	32	49	42	32	35
Leverage
Current ratio	0.84	0.87	0.89	0.84	0.75	0.67	0.74
Debt to EBITDA	275.78	7.32	4.9	6.31	6.61	6.03	2.38
Debt to equity	3.38	2.77	3.75	4.16	3.88	3.55	2.09
Interest coverage	0.8	1.5	1.1	1	0.9	1	2.9
Asset turnover	1.15	1.2	1.35	1.51	1.69	1.73	1.72
Return ratios
Return on assets %	-1%	2.6%	0.6%	-0%	-0.4%	0.3%	6.9%
Return on capital employed %	12.6%	25.5%	24%	22.3%	26.1%	29.4%	81.5%
Return on equity %	-9.9%	19.3%	5%	-0.3%	-3%	2.7%	38.4%

Date	Category	Subject	Filing
1 Oct 2026, 10:47 pm	AGM/EGM AGM	Outcome Of Voting Results For 16Th Annual General Meeting	PDF
1 Oct 2026, 10:44 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
30 Sept 2026, 5:59 pm	Company Update General	Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015- Change/Deviation In Objects And Manner Of Implementation Of Proposed Preferential Issue.	PDF
30 Sept 2026, 5:14 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
8 Sept 2026, 1:48 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
7 Sept 2026, 6:05 pm	Company Update General	Letter To Shareholders Of Harish Textile Engineers Limited-Regulation 36(1)(B).	PDF
7 Sept 2026, 5:03 pm	Others Reg. 34 (1) Annual Report	Reg. 34 (1) Annual Report.	PDF
7 Sept 2026, 4:50 pm	AGM/EGM AGM	Notice Convening The 16Th Annual General Meeting Of Harish Textile Engineers Limited	PDF

Harish Textile Engineers Ltd

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Board meetings1

Announcements

Ratio timeline

Quarterly record

Bulk & block deals

Board and management

Not in the F&O segment

No fund holdings on record

Board meetings1

Announcements

Annual reports

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

1

1