Harsha Engineers International logo

Harsha Engineers International share price

NSE: HARSHABSE: 543600Industrial ProductsSmall Cap

Harsha Engineers International Limited · Face value ₹10 · Listed Sep 2022 · Issue price ₹330
Last close ₹414.15down ₹9.75 (2.30%)BSE ₹414.60

Share price at the NSE close on 30 Oct 2026. Previous close ₹423.90.

30 Oct: open ₹425.30, high ₹425.30, low ₹411.75

52-week range of traded prices to 30 Oct 2026
₹313.30Low, 30 Mar 2026₹484.80High, 1 Oct 2026
Market cap
₹3,771 Cr918th largest listed
P/E
24.38
P/B
2.69
Dividend yield
0.36%
ROE
11.6%
ROCE
11.4%
Debt to equity
0.26
Volume, NSE
29,54861.4% delivered

Harsha Engineers International share price chart

Daily closes since Sep 2022, adjusted for splits and bonuses

+3.5%over a year · BSE Industrials −1.7% · Nifty 500 −8.2%

Results20-session average 96,528 shares a day, 49.7% delivered
Revenue growth, 12 months
+20.2%
Net profit growth, 12 months
+69.6%

Quarter to Jun 2026, against the quarter before

Revenue
₹457 Crdown 3.48%
Net profit
₹37 Crdown 20.86%
Net margin
8.2%

Revenue by quarter

₹353 CrSep 24₹339 CrDec 24₹373 CrMar 25₹365 CrJun 25₹378 CrSep 25₹409 CrDec 25₹474 CrMar 26₹457 CrJun 26
Peak revenue ₹474 Cr, quarter to Mar 2026; lowest ₹339 Cr, quarter to Dec 2024

Net profit by quarter, a loss in red

  • Net profit
  • Loss
₹29 CrSep 24₹27 CrDec 24−₹2.39 CrMar 25₹38 CrJun 25₹36 CrSep 25₹34 CrDec 25₹47 CrMar 26₹37 CrJun 26
A loss in 1 of the 8 quarters shown
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue353339373365378409474457
Net profit2927−23836344737
Net margin8.2%7.9%−0.6%10.4%9.6%8.2%10.0%8.2%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Engineering & Others₹1,444 Crup 13.77%88.7%
  • Solar-EPC and O&M₹183 Crup 32.01%11.3%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history.Harsha Engineers International PE ratio and valuation

Price to earnings

At or below today's level on 9% of 744 trading days over the last 3 years.

LowestHighest
Its median30.62Industry median22.15
Price to book

At or below today's level on 14% of 980 trading days since Nov 2022.

LowestHighest
Its median3.19Industry median2.52
Dividend yield

At or below today's level on 98% of 1,012 trading days since Sep 2022.

LowestHighest
Its median0.24%Industry median0.39%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−15.0%+73.8%−51.4%0.5%
3 years−1.8%+8.0%−9.3%0.3%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 3 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count. Earnings growth over 1 year includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2025.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Harsha Engineers International shareholding pattern

Shareholding by group

  • Promoters75.00%
  • Foreign institutions1.12%
  • Indian institutions13.93%
  • Individuals and others9.96%
Holder
Shah Rajendra ShantilalPromoter13.19%
Harish RangwalaPromoter12.31%
Rangwala Charusheela HarishPromoter11.47%
Vishal Harish RangwalaPromoter8.53%
Pilak Rajendra ShahPromoter8.01%
Shah Nirmala RajendraPromoter6.73%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters unchanged, foreign institutions −0.67 pts, Indian institutions +0.91 pts, mutual funds +0.76 pts.

Mutual fund holdings

7 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 1 of the 3 funds that added or cut is an index fund, an ETF or an arbitrage fund: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.

Added
1
Cut
2
Held unchanged
4
Sold out
1
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Harsha Engineers International competitors and peers

Other Industrial Products, 58 listed companies, priced on 30 Oct 2026. The table lists the 8 companies closest to Harsha Engineers International in market cap.Capital goods stocks

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
INOX India logoINOX IndiaINOXINDIA16,91366.3715.13+19.9%+8.8%25.6%25.9%0.11%
Esab India logoEsab IndiaESABINDIA8,09436.4818.85+13.0%+29.1%56.1%63.5%1.43%
KRN Heat Exchanger and Refrigeration logoKRN Heat Exchanger and RefrigerationKRN7,50965.287.63+77.2%+94.8%15.2%12.0%0.00%
WPIL logoWPILWPIL4,00423.612.52+8.4%+46.6%11.5%12.4%0.49%
Subros logoSubrosSUBROS3,76022.603.02+13.8%+6.4%14.2%15.7%0.52%
Aimtron ElectronicsAIMTRON3,44975.0214.70+89.2%+79.4%23.6%–0.00%
Ador Welding logoAdor WeldingADOR2,31620.064.07+12.9%+111.7%21.7%22.8%2.29%
Diffusion Engineers logoDiffusion EngineersDIFFNKG1,48327.103.66+26.5%+33.9%14.1%12.3%0.38%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Harsha Engineers International dividend history

Dividend per share, ₹, restated for later splits and bonuses

1Mar 231Mar 241Mar 251.5Mar 26
Highest ₹1.50 a share, year to Mar 2026.
Ex-dateTypePer share
9 Jul 2026Final₹1.50
29 Aug 2025Final₹1.00
9 Sep 2024Final₹1.00
21 Sep 2023Final₹1.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Harsha Engineers International announcements

Harsha Engineers International share price by year

Each calendar year to 2025.Harsha Engineers International share price history

YearClose at year endChangeHighest closeLowest close
2025375.60−24.5%520.15356.70
2024497.50+26.6%599.45366.50
2023393.10+2.8%472.85322.80
2022382.40–486.50365.25
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2022 is from its first session, 26 Sep 2022.

Recent sessions

The 9 trading days to 29 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
29 Oct 2026430.55433.45417.60423.90425.1868,93340.8%
28 Oct 2026418.05434.00413.10427.00425.0585,31246.8%
27 Oct 2026415.00426.40410.15418.05416.8034,70551.5%
26 Oct 2026401.05414.90396.25408.15406.5955,78040.9%
23 Oct 2026417.00418.40399.55404.45405.981,10,61251.0%
22 Oct 2026425.00429.10416.40420.35423.3840,79840.4%
21 Oct 2026438.00440.45419.00425.15426.871,03,84050.2%
19 Oct 2026447.30448.00435.00438.00440.5434,95652.1%
16 Oct 2026433.00449.70433.00445.45444.1078,24754.7%
Prices in ₹ per share as traded, not adjusted.

Company details

Chairperson
Shah Rajendra Shantilal
At the end of the quarter to Sep 2026
Managing director
Harish Rangwala
At the end of the quarter to Sep 2026
Chief executive
Vishal Harish Rangwala
At the end of the quarter to Sep 2026
NSE symbol
HARSHA
BSE code
543600
ISIN
INE0JUS01029
Industry
Industrial Products
CIN
L29307GJ2010PLC063233
Corporate identity number, the registrar of companies' code for it
Incorporated
2010
Registered office
NH-8A, Sarkhej-Bavla Highway, Changodar, Ahmedabad 382213, Gujarat
Share registrar
MUFG Intime India Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments