Harsha Engg Intl
Harsha Engg Intl Q4 FY26 earnings call: Revenue & Margins
Q4 FY26 earnings call: what management guided on revenue, margins and order book.
What the Q4 FY26 call signalled
3 of 4 strong
The short version
Expect mid-teens revenue growth in India Engineering business for FY27, driven by domestic and export markets. India Engineering business expected to grow in mid-teens percentage for FY27, driven by both domestic and export growth.
From Harsha Engg Intl's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Expect mid-teens revenue growth in India Engineering business for FY27, driven by domestic and export markets.
- Overall double-digit topline growth anticipated for FY 2026-2027.
- Solar segment expected to grow over 25%, supported by favorable government policies, especially in Gujarat.
- Bushings segment projected to grow 25%-30% in the near term.
- Large size cages expected to grow at mid-teens rate (15%-20%).
- Stamping and bushing business anticipated to grow 15%-20% mid-term, aided by new capacity and product portfolio expansions.
- Growth driven by a combination of new markets, wallet share gains within existing customers, and some recovery in end markets.
2 more points management made on revenue & sales performance
Profitability & Margins
See what Harsha Engg Intl said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- The company is finalizing capex plans for FY27 and FY28.
- Maintenance capex in India is expected around INR30-40 crore annually for FY27 and FY28.
- Ongoing China expansion project includes INR70 crore capex planned for the current financial year and INR20 crore for the next.
- The second phase of Advantek includes infrastructure development, with plant and machinery enabling a revenue potential of around INR250-300 crore at peak capacity in 2 years.
2 more points management made on capital expenditure plans
Top-ranked in Industrial Products
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Harsha Engg Intl said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- The bushing segment had an order book of INR127 crore in FY '26 with expectations to continue similar growth of around 25% to 30% in the current year.
- Large-size cages segment grew 14% to about INR50 crore and is expected to continue mid-teen growth (15%-20%) with many opportunities in the pipeline.
- Overall, the company is focusing on increasing wallet share with existing customers, especially in India and overseas markets.
- There is ongoing work to improve operational efficiency and cost structure, particularly in Europe, which is part of their strategic efforts to sustain and grow orders.
2 more points management made on order book & pipeline
Harsha Engg Intl — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹474 Cr, net profit ₹47 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Harsha Engg Intl's management said in earlier quarters
- Q1 FY27 earnings call analysis →
- Q3 FY26 earnings call analysis →
- Q2 FY26 earnings call analysis →
- Q3 FY25 earnings call analysis →
- Q1 FY26 earnings call →
- Q4 FY25 earnings call →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
- Q1 FY24 earnings call →
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Frequently Asked Questions
What were Harsha Engg Intl Q4 FY26 results?
Expect mid-teens revenue growth in India Engineering business for FY27, driven by domestic and export markets. India Engineering business expected to grow in mid-teens percentage for FY27, driven by both domestic and export growth.
What is Harsha Engg Intl share price analysis?
Harsha Engg Intl currently shows a below-average growth signal. The stock trades at a P/E of 24.3 with a market cap of ₹3,753 Cr. Investors should review the full earnings analysis for detailed insights.
Is Harsha Engg Intl planning capital expenditure?
The company is finalizing capex plans for FY27 and FY28.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.