Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Harsha Engineers International Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 344 | 348 | 339 | 324 | 380 | 343 | 353 | 339 | 373 | 365 | 378 | 409 | 474 |
| Expenses + | 293 | 306 | 304 | 285 | 326 | 288 | 311 | 296 | 338 | 310 | 325 | 352 | 400 |
| Operating Profit | 51 | 42 | 35 | 40 | 55 | 55 | 42 | 43 | 35 | 55 | 54 | 57 | 73 |
| OPM % | 15% | 12% | 10% | 12% | 14% | 16% | 12% | 13% | 9% | 15% | 14% | 14% | 15% |
| Other Income + | 6 | 4 | 7 | 11 | 8 | 8 | 12 | 7 | -17 | 11 | 10 | 7 | 11 |
| Interest | 3 | 3 | 2 | 3 | 3 | 3 | 3 | 2 | 1 | 3 | 3 | 5 | 6 |
| Depreciation | 9 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 11 | 11 | 12 | 13 |
| Profit before tax | 45 | 34 | 30 | 38 | 49 | 50 | 41 | 37 | 7 | 53 | 50 | 47 | 65 |
| Tax % | 27% | 27% | 31% | 22% | 26% | 28% | 29% | 28% | 133% | 29% | 26% | 29% | 28% |
| Net Profit + | 33 | 25 | 20 | 30 | 37 | 36 | 29 | 27 | -2 | 38 | 36 | 34 | 47 |
| EPS in Rs | 3.58 | 2.70 | 2.24 | 3.26 | 4.04 | 3.96 | 3.18 | 2.93 | -0.26 | 4.17 | 4.00 | 3.69 | 5.19 |
Financials of Harsha Engineers International Ltd
Annual income statement trend
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales + | 886 | 874 | 1,321 | 1,364 | 1,392 | 1,408 | 1,627 |
| Expenses + | 799 | 752 | 1,152 | 1,174 | 1,221 | 1,233 | 1,387 |
| Operating Profit | 86 | 122 | 169 | 190 | 171 | 175 | 240 |
| OPM % | 10% | 14% | 13% | 14% | 12% | 12% | 15% |
| Other Income + | 13 | 3 | 17 | 29 | 30 | 10 | 39 |
| Interest | 33 | 30 | 25 | 16 | 11 | 9 | 16 |
| Depreciation | 35 | 34 | 35 | 36 | 39 | 41 | 47 |
| Profit before tax | 32 | 61 | 127 | 167 | 151 | 136 | 215 |
| Tax % | 31% | 25% | 27% | 26% | 26% | 34% | 28% |
| Net Profit + | 22 | 45 | 92 | 123 | 111 | 89 | 155 |
| EPS in Rs | 4.38 | 9.09 | 11.90 | 13.54 | 12.24 | 9.81 | 17.05 |
| Dividend Payout % | 0% | 0% | 0% | 7% | 8% | 10% | 0% |
Financials of Harsha Engineers International Ltd
Capital structure and asset base
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 50 | 50 | 77 | 91 | 91 | 91 | 91 |
| Reserves | 322 | 377 | 445 | 981 | 1,084 | 1,163 | 1,311 |
| Borrowings + | 419 | 357 | 385 | 182 | 177 | 200 | 372 |
| Other Liabilities + | 197 | 197 | 252 | 191 | 215 | 236 | 293 |
| Total Liabilities | 988 | 981 | 1,158 | 1,445 | 1,567 | 1,691 | 2,067 |
| Fixed Assets + | 334 | 342 | 356 | 387 | 418 | 414 | 660 |
| CWIP | 3 | 3 | 2 | 12 | 15 | 161 | 19 |
| Investments | 7 | 9 | 6 | 194 | 234 | 305 | 473 |
| Other Assets + | 644 | 626 | 794 | 853 | 900 | 810 | 915 |
| Total Assets | 988 | 981 | 1,158 | 1,445 | 1,567 | 1,691 | 2,067 |
Financials of Harsha Engineers International Ltd
Operating, investing and financing cash movement
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 113 | 121 | 36 | 137 | 136 | 206 | 68 |
| Cash from Investing Activity + | -51 | -20 | -52 | -312 | -158 | -212 | -197 |
| Cash from Financing Activity + | -38 | -92 | 4 | 216 | -25 | 6 | 146 |
| Net Cash Flow | 24 | 9 | -12 | 41 | -47 | 0 | 18 |
| Free Cash Flow | 40 | 81 | -13 | 63 | 62 | -2 | -47 |
| CFO/OP | 146% | 100% | 40% | 92% | 101% | 141% | 54% |
Financials of Harsha Engineers International Ltd
Working capital efficiency and return ratios
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 98 | 89 | 78 | 75 | 84 | 78 | 85 |
| Inventory Days | 185 | 235 | 185 | 187 | 166 | 165 | 169 |
| Days Payable | 89 | 103 | 90 | 58 | 62 | 72 | 83 |
| Cash Conversion Cycle | 194 | 222 | 173 | 204 | 187 | 171 | 171 |
| Working Capital Days | 33 | 55 | 71 | 96 | 100 | 97 | 147 |
| ROCE % | 12% | 18% | 17% | 12% | 12% | 14% |