1. MARKETS
  2. SECTOR : CEMENT AND CONSTRUCTION
  3. INDUSTRY : CONSTRUCTION & ENGINEERING
  4. HARSHA ENGINEERS INTERNATIONAL LTD.
Harsha Engineers International Ltd.
NSE: HARSHA | BSE: 543600

Harsha Engineers Live Share Price Today, Share Analysis and Chart

Mid-range Performer
aboutHarsha Engineers International Ltd. (HEIL) is India’s largest manufacturer of precision bearing cages and a leading global player with a 6.5% market share in the organized bearing brass, steel, and polyamide cages market. The company operates in two ... Read More
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440.05-0.95(-0.22%)

40.46% Gain from 52W Low

80,822
NSE+BSE Volume

NSE 03 Nov, 2026 3:31 PM (IST)

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Rapid Results
Q2FY27 Quarterly Result Announced for Harsha Engineers International Ltd. See details
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56.5 / 100
Mid-range PerformerThese stocks have strong quality. Their reasonable financials and technicals make them potentially attractive to investorsView SimilarEmbed DVM
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High rank

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Pass in checklist73.9%

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Strong Buy Zone

4.0 %    into P/E buy sell zone

% time spent below current P/E
020406080100
Strong upside potential
Gains already realized

Harsha Engineers Stock Price Analysis

Day Price Range

-0.2% 1 Day return
440 (LTP)
435444
LowHigh

Week Price Range

7.8% 1 Week return
440 (LTP)
410.2449
LowHigh

Month Price Range

-7.3% 1 Month return
440 (LTP)
396.2476.6
LowHigh

52 Week Price Range

10.3% 1 Year return
440 (LTP)
313.3484.8
LowHigh
View full Price History/Seasonality

Harsha Engineers Forecaster - Analyst Share Price Target and Estimates

Revenue forecast

Hit

Harsha Engineers's Revenue was higher than average estimate 2 times in past 3 years

EPS forecast

CURRENT EPS
17.1
AVG. ESTIMATE
20
LOW ESTIMATE
19.1
HIGH ESTIMATE
21.2
CURRENT EPS
AVG. ESTIMATE
Hit

EPS is expected to grow by 17.5% in FY27

Consensus Recommendation

4 ANALYST Recommendations
STRONG BUY

The consensus recommendation from 4 analysts for Harsha Engineers is STRONG BUY

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Harsha Engineers Technical Analysis

Harsha Engineers EMA & SMA

Bullish+8
8 bullish, 0 bearish
Bullish8
Bearish0
5 Day431.0
10 Day429.3
12 Day430.0
20 Day433.6
26 Day435.6
50 Day436.9
100 Day429.3
200 Day417.5

Harsha Engineers Delivery And Volume

Daily Avg. Delivery Volume %
03 Nov, 202669.4%
Week55.5%
Month51.9%

Harsha Engineers Active Candlesticks

Inside Uptrend
Legend
Positive IndicatorNeutral IndicatorNegative Indicator

Harsha Engineers Resistance and Support

439.68
Pivot
First Resistance444.4
Second Resistance448.7
Third Resistance453.4
First Support435.4
Second Support430.7
Third Support426.4
Day RSI51.8
Day MACD-5.6
Day MFI54.7
Day MACD Signal Line-6.4

Harsha Engineers Beta

1 Month0.6
1 Year0.9
3 Month0.5
3 Year1.0

Harsha Engineers Price Change Analysis

↓-7.3%
Over 1 Month
LowHigh
396.3476.6
↑9.7%
Over 3 Months
LowHigh
395.5484.8
↑13.8%
Over 6 Months
LowHigh
384.2484.8
↑10.3%
Over 1 Year
LowHigh
313.3484.8
All Technicals →

Harsha Engineers Shareholding Pattern/ Ownership

Shareholding Summary

Sep 2026
 
NameCategorySharesShares %
Shah Rajendra ShantilalPromoter12,006,39013.2 %
Dsp Small Cap FundDii6,991,6627.7 %

HISTORICAL PROMOTER HOLDING

HISTORICAL FII HOLDING

HISTORICAL MF HOLDING

All Shareholding details

Harsha Engineers Deals - Insider, Bulk, Block and SAST

Client NameDeal TypeActionDateAvg. PriceQuantityExchange
MANSI SHARE AND STOCK ADVISORS PVT LTDBulkSell11 Jun 2025401.51653,425NSE
MANSI SHARE AND STOCK ADVISORS PVT LTDBulkPurchase11 Jun 2025414.2254,853NSE
MANSI SHARE & STOCK ADVISORS PRIVATE LIMITEDBulkPurchase11 Jun 2025415.01599,512BSE
MANSI SHARE & STOCK ADVISORS PRIVATE LIMITEDBulkSell11 Jun 2025413.08936BSE
DSP MUTUAL FUNDBulkPurchase11 Jun 20254151,383,538BSE
PLUTUS WEALTH MANAGEMENT LLPBulkSell11 Jun 2025415.092,500,000BSE
DSP MUTUAL FUNDBulkPurchase29 May 2025383464,000NSE
AMERICAN FUNDS INSURANCE SERIES GLOBAL SMALL CAPITALIZATION FUNDBulkSell25 Apr 2024410.06970,777BSE
PLUTUS WEALTH MANAGEMENT LLPBulkPurchase25 Apr 2024410.01729,669BSE
ABU DHABI INVESTMENT AUTHORITYBulkSell23 Jun 2023435.021,775,985BSE
All deals
All insider trades

Harsha Engineers Corporate Actions

Harsha Engineers Dividend history and yield

Harsha Engineers dividend yields, including actual and adjusted, and dividend history, including announcement, record, and ex-dividend dates. Track Harsha Engineers dividend yield over time.

#Ex-Date
Dividend AmountDividend TypeRecord DateInstrument Type
109 Jul 2026
1.5FINAL09 Jul 2026Equity Share
229 Aug 2025
1FINAL29 Aug 2025Equity Share
309 Sep 2024
1FINAL-Equity Share
421 Sep 2023
1FINAL21 Sep 2023Equity Share

Harsha Engineers Board Meetings

Harsha Engineers past and upcoming board meetings.

#Ex-Date
PurposeNotes
103 Nov 2026
Quarterly Results-
211 Aug 2026
Quarterly Results-
307 May 2026
Audited Results, Final Dividend & ESOP-
405 Feb 2026
Quarterly Results-
506 Nov 2025
Quarterly Results-
All Corporate Actions

Harsha Engineers Research Reports

Harsha Engineers research reports with share price targets, and buy/hold/sell recommendations from top brokers.

#
Date
Broker NameTargetPrice When RecommendedTypeUpsideChange Since RecommendationLinks
107 May 2026IDBI Capital
Target
527426.1Buy23.68%3.27%pdf
207 May 2026Prabhudas Lilladhar
Target
461426.1Hold8.19%3.27%pdf
305 Feb 2026IDBI Capital471384.55Buy22.48%14.43%pdf
406 Nov 2025IDBI Capital
Reco
Target
471391.55Buy20.29%12.39%pdf
505 Nov 2025Prabhudas Lilladhar
Target
407388.1Hold4.87%13.39%pdf
All Reports of Harsha

Harsha Engineers Corporate Filings

Harsha Engineers BSE corporate filings and AGM, press releases, insider trading & SAST, results and corporate actions.

DateAnnouncement TitleDetailsLinks
03 Nov 2026
Q2FY27 Quarterly Result Announced for Harsha Engineers International Ltd.
Construction & Engineering company Harsha Engineers International announced Q2FY27 results Consolidated Financial Highlights: Revenue from Operations: For Q2FY27, revenue from operations stood at Rs 44,009 lakh, reflecting a 16.32% YoY growth from Rs 37,834 lakh in Q2FY26 but a 3.79% QoQ decline compared to Rs 45,743 lakh in Q1FY27, while for H1FY27, it reached Rs 89,752 lakh, showing a 20.69% YoY increase from Rs 74,363 lakh in H1FY26. Total Income: Total income for Q2FY27 was recorded at Rs 44,705 lakh, displaying a YoY growth of 15.03% from Rs 38,865 lakh in Q2FY26 and a QoQ change of -3.35% from Rs 46,256 lakh in Q1FY27, whereas for H1FY27, total income reached Rs 90,961 lakh, marking a 18.99% YoY growth from Rs 76,443 lakh in H1FY26. Profit Before Tax (PBT): PBT for Q2FY27 stood at Rs 6,147 lakh, representing a 24.01% YoY increase from Rs 4,957 lakh in Q2FY26 and a 15.98% QoQ expansion against Rs 5,300 lakh in Q1FY27, while for H1FY27, it accumulated to Rs 11,447 lakh, translating into a YoY growth of 11.54% from Rs 10,263 lakh in H1FY26. Profit After Tax (PAT): PAT for Q2FY27 reached Rs 4,503 lakh, indicating a 23.57% YoY expansion compared to Rs 3,644 lakh in Q2FY26 and a 20.47% QoQ growth from Rs 3,738 lakh in Q1FY27, whereas for H1FY27, PAT stood at Rs 8,241 lakh, pointing to a 10.81% YoY increase from Rs 7,437 lakh in H1FY26. Earnings Per Share (EPS): Basic EPS for Q2FY27 arrived at Rs 4.95, rising by 23.75% YoY from Rs 4.00 in Q2FY26 and by 20.44% QoQ from Rs 4.11 in Q1FY27, while H1FY27 basic EPS stood at Rs 9.05, up 10.77% YoY against Rs 8.17 in H1FY26. Diluted EPS for Q2FY27 was Rs 4.94 (up 23.50% YoY and 20.19% QoQ), while for H1FY27 it stood at Rs 9.04 (up 10.65% YoY). Standalone Financial Highlights: Revenue from Operations: Standalone revenue from operations for Q2FY27 was registered at Rs 30,247 lakh, marking an 8.51% YoY growth against Rs 27,876 lakh in Q2FY26 but a QoQ contraction of 4.37% from Rs 31,628 lakh in Q1FY27, whereas for H1FY27, it stood at Rs 61,875 lakh, expanding 12.49% YoY from Rs 55,004 lakh in H1FY26. Total Income: Standalone total income during Q2FY27 was reported at Rs 30,995 lakh, increasing by 7.25% YoY from Rs 28,899 lakh in Q2FY26 and decreasing by 4.09% QoQ from Rs 32,318 lakh in Q1FY27, while for H1FY27, it reached Rs 63,313 lakh, growing by 10.63% YoY from Rs 57,230 lakh in H1FY26. Profit Before Tax (PBT): Standalone PBT reached Rs 6,583 lakh in Q2FY27, jumping by 25.63% YoY from Rs 5,240 lakh in Q2FY26 and by 7.62% QoQ from Rs 6,117 lakh in Q1FY27, while for H1FY27, it rose to Rs 12,700 lakh, representing a 15.52% YoY improvement against Rs 10,994 lakh in H1FY26. Profit After Tax (PAT): Standalone PAT for Q2FY27 came in at Rs 4,936 lakh, a YoY growth of 26.47% from Rs 3,903 lakh in Q2FY26 and a QoQ growth of 8.06% from Rs 4,568 lakh in Q1FY27, whereas for H1FY27, standalone PAT grew to Rs 9,504 lakh, reflecting a 15.99% YoY increase compared to Rs 8,194 lakh in H1FY26. Earnings Per Share (EPS): Standalone basic EPS for Q2FY27 was Rs 5.42, a 26.34% YoY and 7.97% QoQ growth against Rs 4.29 in Q2FY26 and Rs 5.02 in Q1FY27 respectively, while H1FY27 basic EPS rose to Rs 10.44, up 16.00% YoY from Rs 9.00 in H1FY26. Diluted EPS stood at Rs 5.41 for Q2FY27 (up 26.11% YoY and 7.77% QoQ) and Rs 10.43 for H1FY27 (up 15.89% YoY). Result PDF
PDF
03 Nov 2026
Harsha Engineers International Ltd - 543600 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation Q2FY2027
PDF
03 Nov 2026
Harsha Engineers International Ltd - 543600 - Unaudited Standalone Financial Results And Consolidated Financial Results For The Quarter And Half Year Ended September 30, 2026
Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended September 30, 2026
PDF
03 Nov 2026
Harsha Engineers International Ltd - 543600 - Board Meeting Outcome for Unaudited Standalone Financial Results And Consolidated Financial Results For The Quarter And Half Year Ended September 30, 2026
Unaudited Standalone Financial Results and Consolidated Financial Results for the quarter and half year ended September 30, 2026
PDF
26 Oct 2026
Harsha Engineers International Ltd - 543600 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Earning Call Intimation Q2 FY 2027
PDF
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Harsha Engineers DocumentsAsk MarketMind AI

Harsha Engineers Earnings Call

Harsha Engineers earnings calls, including management commentary and AI-generated summaries.

DateTitleLinks
17 Aug 2026Harsha Engineers International Ltd - 543600 - Announcement under Regulation 30 (LODR)-Earnings Call TranscriptLink
11 Aug 2026Harsha Engineers International Ltd - 543600 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeLink
12 May 2026Harsha Engineers International Ltd - 543600 - Announcement under Regulation 30 (LODR)-Earnings Call TranscriptLink
11 Feb 2026Harsha Engineers International Ltd - 543600 - Announcement under Regulation 30 (LODR)-Earnings Call TranscriptLink
11 Nov 2025Harsha Engineers International Ltd - 543600 - Announcement under Regulation 30 (LODR)-Earnings Call TranscriptAi summaryLink
view all

Harsha Engineers Annual Reports

Harsha Engineers financials, including annual results, balance sheets, and cash flow statements.

DateReport TitleLinks
2026Annual Report Mar-2026Link
2025Annual Report Mar-2025Link
2024Annual Report Mar-2024Link
2023Annual Report Mar-2023Link

Harsha Engineers Credit Ratings

Harsha Engineers credit ratings from CRISIL and leading rating agencies, assessing financial stability, investment grade, and related PDF documentation.

DateRating AgencyCompany NameDescriptionLinks
26 Apr 2026care ratingsHarsha Engineers International LimitedLink
23 Feb 2026care ratingsHarsha Engineers International LimitedLink
03 Mar 2025care ratingsHarsha Engineers International LimitedLink
12 Mar 2024care ratingsHarsha Engineers International LimitedLink

Harsha Engineers Investor Presentations

Harsha Engineers investor presentations, including business updates, financial insights, and strategic initiatives.

DateReport TitleLinks
03 Nov 2026Harsha Engineers International Ltd - 543600 - Announcement under Regulation 30 (LODR)-Investor PresentationLink
11 Aug 2026Harsha Engineers International Ltd - 543600 - Announcement under Regulation 30 (LODR)-Investor PresentationLink
07 May 2026Harsha Engineers International Ltd - 543600 - Announcement under Regulation 30 (LODR)-Investor PresentationLink
05 Feb 2026Harsha Engineers International Ltd - 543600 - Announcement under Regulation 30 (LODR)-Investor PresentationLink
06 Nov 2025Harsha Engineers International Ltd - 543600 - Announcement under Regulation 30 (LODR)-Investor PresentationLink

Harsha Engineers - Company Profile

Harsha Engineers Management Structure

Harsha Engineers management structure with salaries, total experience, and qualifications.

NAMEDESIGNATIONGROSS REMUNERATION ₹(LAC)AS OFHISTORY & DETAILS
Kiran MohantyCompany Secretary-Mar 26
Vishal RangwalaChief Executive Officer-Mar 26
Mr. Maulik Sureshkumar JasaniChief Financial Officer-Mar 26
Mr. Shaji JacobSenior Vice President,Head(Engineering,Tool Room,Technology)-Mar 26
Mr. Hemant SharmaSenior Vice President(SBU)-Mar 26
Mr. Anand BhardwajSenior General Manager-Mar 26
Mr. Jinan ShahSenior General Manager(Purchase)-Mar 26
Mr. Rajesh NirmalGeneral Manager(Logistics & Commercial)-Mar 26
Mr. Darpesh ParmarGeneral Manager(Human Resources)-Mar 26
Mr. Jayeshkumar TankGeneral Manager(Information Technology)-Mar 26
Mr. Hemant ShahDeputy General Manager(Administration)-Mar 26
Mr. Falgun ShahSenior General Manager(Finance & Accounts,Solar.)-Mar 26
Mr. Hitesh GadhviGeneral Manager(Business Development,Solar.)-Mar 26
Mr. Mayur PatelSenior General Manager(Steel.),Head-Mar 26
Mr. Lokesh MiglaniSenior General Manager,Head(SBU)-Mar 26
Mr. Jai Kumar SoniGeneral Manager(Digital Transformation)-Mar 26

Harsha Engineers Board of Directors

Harsha Engineers Board of directors with salaries, total experience, and qualifications.

NAMEPOSITIONGROSS REMUNERATION ₹(LAC)AS OFHISTORY & DETAILS
Vishal RangwalaNon Independent Executive Director / WTD / CEO239.5Mar 26
Pilak Rajendra ShahNon Independent Executive Director / WTD / COO233.25Mar 26
Harish RangwalaExecutive Director & MD129.85Mar 26
Hetal Manish NaikWhole Time Executive Director101.85Mar 26
Rajendra ShahChairman & Exec. Director79.85Mar 26
BHUSHAN CHELARAM PUNANIIndependent Non Exe. Director1.2Mar 26
Ramakrishnan KasinathanIndependent Non Exe. Director1.2Mar 26
Ambar J PatelIndependent Non Exe. Director1.2Mar 26
Kunal Dilipbhai ShahIndependent Non Exe. Director1.2Mar 26
Priyanka Agarwal ChopraIndependent Non Exe. Director1.2Mar 26
Kiran MohantyCompany Sec. & Compli. Officer-Mar 26
Website: www.harshaengineers.com

About the company - Business Profile

Harsha Engineers International Ltd. (HEIL) is India’s largest manufacturer of precision bearing cages and a leading global player with a 6.5% market share in the organized bearing brass, steel, and polyamide cages market. The company operates in two primary segments: Engineering, involving the manufacture of bearing cages and complex stampings, and Solar EPC, providing turnkey solutions for solar projects. HEIL serves the top six global bearing manufacturers and maintains a diverse geographical presence across five continents, supplying products to over 25 countries.

Key Points

Key Facts

  • Founded: 1986 (re-incorporated in 2010).
  • Headquarters: Ahmedabad, Gujarat, India.
  • Stock Listing: Listed on BSE (543600) and NSE (HARSHA).
  • Products: Precision bearing cages (brass, steel, and polyamide), complex stampings, and solar EPC services.

Operations and Resources

  • Manufacturing Facilities: 5 strategically located facilities.
    • India: Two units at Changodar and one at Moraiya, Gujarat.
    • International: Facilities in Suzhou, China (through Harsha Precision Bearing Components) and Ghimbav, Romania (through Harsha Engineers Europe SRL).
  • Energy Assets: The company utilizes a hybrid power project at Pipaliya, featuring a 2.7 MW wind turbine and 1.68 MW (AC/DC) solar plants, which generated over 10 million units of energy in FY24.
  • Logistics: Operates various warehouses globally to support its international supply chain.

Ownership and Business Model

  • Ownership: Publicly listed since 2022. The promoter group maintains a significant controlling interest.
  • Business Model: HEIL utilizes a "One-Stop Solution" approach for bearing manufacturers, integrating design, tooling, and high-volume precision manufacturing. It leverages long-standing relationships with global Tier-1 bearing companies, often involving them at the product development stage.
  • Revenue Breakdown (FY 2024-25):
    • Engineering & Others (Consolidated): ₹1,26,885 Lakhs.
    • Solar - EPC and O&M: ₹13,880 Lakhs.
    • Total Revenue from Operations: ₹1,40,765 Lakhs.
  • Geographical Presence (Engineering - Consolidated FY24-25):
    • Revenue from outside India accounted for 56.8% of the Engineering segment’s total revenue.

Highlights and Advancements

  • Products & Technology: The company developed 140 new SKUs in Q2 FY26 alone, totaling 258 for H1 FY26. It is expanding into complex stamping components for the compressor industry, including bearing seals.
  • Client Base: Supplies to all top 6 global bearing manufacturers.
  • Employee Count: Significant investment in human capital with a focus on technical expertise; however, the company noted a one-time financial impact in Q3 FY26 related to restatements for new labor codes.
  • Subsidiaries:
    • Harsha Engineers Advantek Ltd (India): 100% ownership, focused on stamping components.
    • Harsha Precision (China) & Harsha Engineers Europe (Romania): 100% owned manufacturing arms.
    • Cleanmax Harsha Solar LLP: 50% Joint Venture for solar projects.

Strategic Initiatives and Outlook

  • Capacity Expansion: Utilization of IPO proceeds (₹42,910 Lakhs) is complete, covering debt repayment, machinery purchase for expansion, and facility renovation.
  • Growth Focus: The company is targeting increased penetration in the large-size bearing cage market and expanding its specialized stamping business.
  • Recent Performance: For 9M FY26, consolidated revenue grew to ₹1,15,288 Lakhs compared to ₹1,03,468 Lakhs in 9M FY25, driven by a revival in industrial demand in Europe.

References

  1. Annual Report May 2025
  2. Investor Presentation Feb 2026
  3. Investor Presentation Nov 2025
  4. Annual Report May 2024
  5. Investor Presentation May 2026

Harsha Engineers FAQ

Harsha Engineers today is trading in the red, down by 0.22% at ₹440.05.
Harsha Engineers is currently trading down 0.22% on an intraday basis. In the past week the stock rose 7.82%. Stock has been up 9.72% in the past quarter and rose 10.3% in the past year. You can view this in the share price history/seasonality section.
Harsha Engineers is listed on NSE with the ticker HARSHA and on BSE as 543600. It's currently trading on NSE at a share price of ₹440.05 and on BSE with a share price of ₹440.
The market cap of Harsha Engineers is ₹4,006.4 Cr. as of Nov 03, 2026.
Harsha Engineers announced a FINAL dividend of 15% which equals ₹1.5 in Jul 09, 2026.The last three ex-dates for Harsha Engineers were Aug 29, 2025, Sep 09, 2024 and Sep 21, 2023. To view the full dividend history of Harsha Engineers click here.
Harsha Engineers has never issued stock splits or bonus shares since the time of its listing on the BSE/NSE exchanges.
Harsha Engineers reported ₹447.05 Cr. in revenue, ₹45.03 Cr. in net profit, and ₹81.72 Cr. in EBITD as of Nov 03, 2026 for Q2 FY26-27.
According to the predictions of 4 analysts, the share price prediction for Harsha Engineers is ₹517.75 with an upside of 18%.
The PE ratio of Harsha Engineers is 24.54 as of Nov 03, 2026.
The PB ratio of Harsha Engineers is 2.78 as of Nov 03, 2026.
You can view the latest analyst reports on the Harsha Engineers reports dashboard. Either click on the Reports tab on this page's sub-header or click here to be directed to the dashboard.
You can set real-time stock alerts on price, volume, SMA, and several other parameters by scrolling to the top of this page and clicking the bell icon on the far right-hand side of the stock overview.
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