SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Harish Textile Engineers Ltd (542682) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

BSE: 542682 NSE: | Textile - Machinery | Small Cap

Harish Textile Engin Share Price

67.99 0.00 (0.00%)
As on 16-Apr'26 16:59

Harish Textile Engineers Ltd (542682)

BSE: 542682 NSE:
Key Metrics
Market Cap
₹23 Cr.
P/E Ratio
4.36
Price to Book (P/B)
1.80
Price to Sales (P/S)
0.17
EV/EBITDA
4.39
Return on Capital Employed (ROCE)
9.83%
Current Price
₹68
Return on Equity (ROE)
2.68%
Return on Assets (ROA)
0.31%
Operating Profit Margin
4%
Net Profit Margin
0.18%
Gross Profit Margin
1.4%
Book Value per Share
₹37.7
Sales Growth (YoY)
0.76%
Sales Growth (3 Years)
7.3%
Operating Profit Growth (1 Year)
-1.31%
Operating Profit Growth (3 Years)
-10.26%
Net Profit Growth (1 Year)
NA%
52-Week Low / High
₹52 / 75
Net Profit Growth (3 Years)
-21.28%
Dividend Yield
0.00%
Promoter Holding
48.15%
Pledged shares (%)
of Promoter's holding (%)
0.00%

Check Before You Invest

Q.1 Revenue growth of Harish Textile Engineers Ltd?
Harish Textile Engineers Ltd revenue growth is 0.8% for FY-2025 , which is below its 5 year CAGR of 9.6% , indicating slower growth.
Q.1 Promoter shareholding and pledge status of Harish Textile Engineers Ltd?
Promoters hold 48.15% of the Harish Textile Engineers Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Revenue growth of Harish Textile Engineers Ltd vs industry peers?
Harish Textile Engineers Ltd revenue CAGR is 9.56% , compared to the industry median CAGR of 5.58% , indicating faster growth and gaining its market share.
Q.1 Which industry/sub-sector does Harish Textile Engineers Ltd belong to?
Harish Textile Engineers Ltd belongs to the Textiles & Apparels sector, operating specifically within the Textile - Machinery segment.
Q.1 Stock return of Harish Textile Engineers Ltd over the last decade?
Over the last 5 year(s), the stock has delivered a CAGR of 16.09% based on the current price.

DeciZen - make an informed investing decision on Harish Textile Engin

Based on:

M-Cap below 100cr DeciZen not available

Harish Textile Engineers stock performance

Key Ratios
mw4me loader

Is Harish Textile Engineers Ltd an attractive stock to invest in?

1. Is Harish Textile Engineers Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Harish Textile Engineers Ltd is a below average quality company.

2. Is Harish Textile Engineers Ltd undervalued or overvalued?

The key valuation ratios of Harish Textile Engineers Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Harish Textile Engineers Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Harish Textile Engineers Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray :

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Harish Textile Engineers Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 2.4%24.7%15.6%13.9%12.2%15.2%12.8%10.9%10.7%9.8%-
Value Creation
Index
-0.80.80.10.0-0.10.1-0.1-0.2-0.2-0.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 24.841.236.33883.681.8107116131132135
Sales YoY Gr.-66%-11.8%4.6%120.2%-2.2%30.6%9%12.5%0.8%-
Adj EPS -12.416.62.91.2-7.15.21.5-0.3-1.10.415.6
YoY Gr.-NA-82.7%-58.2%-692.5%NA-70.5%-121.1%NANA-
BVPS (₹) 00002227.228.728.626.126.737.7
Adj Net
Profit
-0.60.80.70.4-2.41.70.5-0.1-0.40.15
Cash Flow from Ops. 002.4-3.8-6.91.40.66.110.910.7-
Debt/CF from Ops. 003.6-3.1-3.619.572.46.63.33-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 20.4%9.6%7.3%0.8%
Adj EPS NANA-35.4%NA
BVPSNA3.9%-2.4%2.2%
Share Price - 16.1% 25.6% -2.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-65.46115.75.3-30.820.95.5-1.1-3.91.548.5
Op. Profit
Mgn %
2.66.83.65.114.26.95.44.148.8
Net Profit
Mgn %
-2.521.91.1-2.82.10.5-0.1-0.30.13.9
Debt to
Equity
9.24.91.31.43.43.14.24.24.13.6-
Working Cap
Days
010821222615320015815313713459
Cash Conv.
Cycle
0-55-96-8213629393839-27

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 48.50%

Debt to equity has declined versus last 3 years average to 3.55

Sales growth has been subdued in last 3 years 7.30%

Net Profit has been subdued in last 3 years -35.39%

Sales growth is not so good in last 4 quarters at 0.02%

Latest Financials

Standalone Consolidated
TTM EPS (₹) 15.6 -
TTM Sales (₹ Cr.) 135 -
BVPS (₹) 37.7 -
Reserves (₹ Cr.) 9 -
P/BV 1.80 -
PE 4.36 -
From the Market
52 Week Low / High (₹) 52.40 / 74.99
All Time Low / High (₹) 11.64 / 102.60
Market Cap (₹ Cr.) 22.7
Equity (₹ Cr.) 3.3
Face Value (₹) 10
Industry PE 82.5

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of Harish Textile Engin - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Event Update

Login/Register to view analysis.

Analyst's Notes

data not found
No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales24.8041.1736.3337.9983.6481.80106.86116.44131.04132.03
Operating Expenses + 24.2238.4235.1836.0882.9578.3499.54110.13125.68126.74
Manufacturing Costs1.493.384.462.626.645.378.5410.0611.2113.01
Material Costs16.6926.6221.5623.8857.7058.0571.0575.9786.5184.37
Employee Cost 1.061.591.201.976.755.107.058.499.029.98
Other Costs 4.986.837.967.6111.869.8212.9015.6018.9419.38
Operating Profit 0.582.751.151.910.693.467.326.315.365.29
Operating Profit Margin (%) 2.3%6.7%3.2%5.0%0.8%4.2%6.9%5.4%4.1%4.0%
Other Income + 0.470.682.061.344.893.880.461.271.540.57
Exceptional Items 0000000000
Interest 0.981.301.231.133.683.474.905.285.514.03
Depreciation 0.820.931.170.782.432.102.222.201.871.68
Profit Before Tax -0.751.190.821.33-0.531.770.660.10-0.480.16
Tax -0.090.370.250.380.200.020.180.14-0.11-0.08
Profit After Tax -0.660.820.580.95-0.731.750.48-0.03-0.370.24
PAT Margin (%) -2.7%2.0%1.6%2.5%-0.9%2.1%0.5%-0.0%-0.3%0.2%
Adjusted EPS (₹)-13.216.52.42.8-2.25.31.5-0.1-1.10.7
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 0.951.776.998.067.339.099.579.548.708.89
Share Capital 0.500.502.403.343.343.343.343.343.343.34
Reserves 0.451.274.594.7245.756.236.205.365.55
Debt +8.738.728.8210.7221.7725.1735.8535.8530.2126.38
Long Term Debt7.637.521.744.6910.5010.1014.2211.665.861.19
Short Term Debt1.111.207.096.0311.2815.0721.6224.1924.3625.19
Minority Interest0000000000
Trade Payables5.4517.4318.8717.3327.9521.6421.6721.1320.6922.86
Others Liabilities 3.388.4211.768.2215.7512.6412.0610.6618.0118.18
Total Liabilities 18.5136.3546.4344.3472.8168.5479.1577.1877.6176.31

Fixed Assets

Net Fixed Assets +5.296.7513.5817.3025.8923.8827.8026.2827.8128.01
Gross Block7.3519.8514.7518.9545.7045.5851.3751.3354.5656.33
Accumulated Depreciation2.0613.101.171.6619.8121.6923.5625.0526.7528.32
CWIP 02.892.932.9900.480.791.7100.88
Investments 6.026.236.470000000
Inventories3.635.358.859.2917.8413.4014.0919.1716.0213.35
Trade Receivables0.855.833.993.7517.8717.9220.7518.2122.3426.42
Cash Equivalents 0.090.540.060.330.700.611.680.150.260.13
Others Assets 2.638.7510.5510.6810.5112.2414.0411.6511.187.53
Total Assets 18.5136.3546.4344.3472.8168.5479.1577.1877.6176.31

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 002.43-3.76-6.881.430.556.0610.8810.67
PBT 000.821.33-0.531.770.660.10-0.480.16
Adjustment 002.101.392.852.847.167.129.136.93
Changes in Working Capital 00-0.01-6.45-9.21-2.76-6.99-1.142.373.71
Tax Paid 00-0.48-0.030.01-0.42-0.28-0.02-0.13-0.13
Cash Flow From Investing Activity + 00-2.702.27-3.33-0.45-6.74-1.78-1.46-2.40
Capex 00-2.77-4.50-6.20-0.71-6.19-1.08-1.68-2.63
Net Investments 00-0.236.47-0.480.480000
Others 000.300.303.36-0.22-0.54-0.700.220.23
Cash Flow From Financing Activity + 00-0.201.7510.09-0.597.25-5.81-9.32-8.40
Net Proceeds from Shares 000.800000000
Net Proceeds from Borrowing 0002.758.153.117.09-3.57-3.93-5.17
Interest Paid 00-1.13-0.98-2.95-3.45-4.90-5.26-5.46-3.94
Dividend Paid 0000000000
Others 000.12-0.024.89-0.265.063.020.070.71
Net Cash Flow 00-0.470.27-0.120.401.07-1.530.10-0.13

Finance Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)-69.8860.613.1512.61-9.4621.375.18-0.34-4.092.68
ROCE (%)2.3724.715.5913.9112.1715.1512.8310.8810.739.83
Asset Turnover Ratio1.431.660.90.841.431.161.451.491.691.72
PAT to CFO Conversion(x)N/A04.19-3.96N/A0.821.15N/AN/A44.46
Working Capital Days
Receivable Days12274837478066615667
Inventory Days50367087597047524941
Payable Days1191573072771431561111038894

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Harish Textile Engineers Ltd FAQs

The current trading price of Harish Textile Engin on 16-Apr-2026 16:59 is ₹67.99.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 15-Apr-2026 the market cap of Harish Textile Engin stood at ₹22.68 Cr

The latest P/E ratio of Harish Textile Engin as of 15-Apr-2026 is 4.36.

The latest P/B ratio of Harish Textile Engin as of 15-Apr-2026 is 1.80.

The 52-week high of Harish Textile Engin is ₹74.99 and the 52-week low is ₹52.40.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Harish Textile Engin is ₹135 ( Cr.) .

About Harish Textile Engineers Ltd

The dawn of 60’s, witnessed a new beginning. The technical capabilities of the company were enhanced and with it, Harish started manufacturing textile machines, which were only available at Indian companies having foreign collaboration. With an aim to explore new possibilities, in 1970, Harish was converted into a private limited company with members of the Gandhi family as its Promoters and Directors. With avision to set a new benchmark, Harish added different products for the textile industry.

Since 1964, Harish was engaged in the production of Hot Air Stenters. With in-depth insights, it exported the very first Hot Air Stenter in the year 1974, and even today, this machine processes 40,000 meters of fabric per day. 

Business area of the company

The company is one of the leading producers of textile processing and finishing machinery in India. The Machinery produced by the company has found acceptance by reputed clients in India and abroad. The company has also exported its products to over 25 countries, including to a prestigious market like U.K. The company has manufacturing facilities in Umbergam and Bhilad, Gujarat.

The company is also engaged in Production of Non-woven fabrics used mainly for auto interiors and filtration and hygiene segments at its plant in Umbergam. The company is also engaged in the production of polyester staple fibre by recycling pet bottle and waste polyester, at its plant in Gondhe, Nashik. 

You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×