HARISH logo

Harish Textile Engineers Ltd

HARISH·BSE·
₹62.58▲ +2.92 (+4.89%)
Market Cap20.68 Cr
PE Ratio3.76
Volume141
Day High - Low64.50 - 60.00
52W High-Low75.50 - 52.40

Harish Textile Engineers Ltd (HARISH): company summary

The company's annual revenue rose 4.9% to ₹138 crore, while net profit surged 2208.3% to ₹6 crore.

Harish Textile Engineers Ltd (HARISH) is a micro-cap Capital Goods company valued at ₹21 crore operating in Industrial Products on the NSE and BSE.

Recent price move
Harish Textile Engineers Ltd last traded at ₹62.58, up 4.89% on the day.
Financial performance
The company's annual revenue rose 4.9% to ₹138 crore, while net profit surged 2208.3% to ₹6 crore. However, the latest quarter's net profit fell 22.4% year-on-year despite revenue rising 24.2%, indicating a challenge in maintaining profitability.
Valuation multiples
The stock trades at 3.8 times earnings, 1.46 times book value.
Things to watch
The company's debt to equity ratio is 2.09, indicating a highly leveraged position. Net profit margin improved significantly, but the latest quarter's net profit declined, raising concerns about recent performance.
Where it stands
Harish Textile Engineers Ltd reported a sharp increase in annual net profit, but the latest quarter's net profit fell, highlighting a recent dip in profitability. The company's high debt to equity ratio remains a key risk factor.

Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.

DocStoX Score
6.3/10
Fair
Fair Value
Sign in to see
ROE
38.35%
Strong
P/E
3.76x
Cheap
Debt / Equity
2.09
High
Industry
Capital Goods
Industrial Products
Overall View
Fair

Price performance

Day₹60.00
₹64.50
52W₹52.40
₹75.50
DocStoX take

Supported by valuation (9.0) and growth (8.3), but weakest on momentum (4.2).

DocStoX score

Low confidence
6.3
/10
Fair
Quality
Solid
ROE 38.4%
Valuation
Cheap
P/E 3.8×
Growth
Strong
Revenue +11.1% 5Y CAGR
Risk
Elevated
D/E 2.09
Momentum
Soft
44% of 52-week range

At a glance

Market Cap
₹21 Cr
52W High / Low
₹76 / ₹52
Dividend Yield
0.00%
Promoter Holding
48.15%
EPS (TTM)
₹16.64
Book Value
₹43.28

Key highlights

  • Strong returns on equity (38%)
  • Capital works hard — ROCE 25%
  • Undemanding at 4× earnings
  • High leverage — debt is 2.1× equity
  • Loss-making in some of the last 5 years
4 Positives3 Watchouts

Growth

Financials

Shareholding

Technicals

Peers

News

Forecasts

About the company

More data

Filings, corporate actions and ownership detail — opened on demand.

More Capital Goods stocks · Industrial Products

Harish Textile Engineers Ltd peers in Capital Goods

Other Capital Goods stocks on the NSE & BSE. See the full Capital Goods sector list.