What is Harish Textile Engineers share price return in the past 10 years?

Data is not available for this company

What is the P/E ratio of Harish Textile Engineers?

The latest standalone P/E ratio of Harish Textile Engineers as of 25-Apr-2024 is 9.79.

What is the P/B ratio of Harish Textile Engineers?

The latest standalone P/B ratio of Harish Textile Engineers as of 25-Apr-2024 is 1.75.

Harish Textile Engineers Ltd - Stock Valuation and Financial Performance

Name: Harish Textile Engineers
Brand: Harish Textile Engineers

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

Place order

Harish Textile Engin Share Price

₹53.20 -0.30 -0.56%
as on 25-Apr'24 16:01

DeciZen - make an informed investing decision on Harish Textile Engin

Based on:

Data

M-Cap below 100cr DeciZen not available

Harish Textile Engineers stock performance -

PE Chart Key Ratios

P/E Ratio (SA):

9.79

Market Cap:

17.8 Cr.

52-wk low:

52-wk high:

67.7

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 of Harish Textile Engin:

Analysis of Financial Track Record

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

Standalone Basis ^P Consolidated Basis

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	0.7%	17.3%	11.8%	6.8%	0.8%	12%	9.1%	7.3%	-
Value Creation Index ⓘ	-1.0	0.2	-0.2	-0.5	-0.9	-0.1	-0.4	-0.5	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	24.8	41.2	36.3	38	83.6	81.8	107	116	125
Sales YoY Gr.	-	66%	-11.8%	4.6%	120.2%	-2.2%	30.6%	9%	-
Adj EPS ⓘ	-12.4	16.6	2.9	1.2	-7.1	5.2	1.5	-0.3	5.4
YoY Gr.	-	NA	-82.7%	-58.2%	-692.5%	NA	-70.5%	-121.1%	-
BVPS (₹) ⓘ	0	0	0	0	22	27.2	28.7	28.6	30.3
Adj Net Profit ⓘ	-0.6	0.8	0.7	0.4	-2.4	1.7	0.5	-0.1	2
Cash Flow from Ops. ⓘ	0	0	2.4	-3.8	-6.9	1.4	0.6	6.1	-
Debt/CF from Ops. ⓘ	0	0	3.6	-3.1	-3.6	19.5	72.4	6.6	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	NA	26.2%	11.7%	9%
Adj EPS ⓘ	NA	-164.5%	NA	-121.1%
BVPSⓘ	NA	NA	9.2%	-0.3%
Share Price	-	-	19.8%	59.4%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	-65.4	61	15.7	5.3	-30.8	20.9	5.5	-1.1	18.4
Op. Profit Mgn % ⓘ	2.6	6.8	3.6	5.1	1	4.2	6.9	5.4	6.6
Net Profit Mgn % ⓘ	-2.5	2	1.9	1.1	-2.8	2.1	0.5	-0.1	1.5
Debt to Equity ⓘ	9.2	4.9	1.3	1.4	3.4	3.1	4.2	4.2	-
Working Cap Days ⓘ	0	108	212	226	153	200	158	153	70
Cash Conv. Cycle ⓘ	0	-55	-96	-82	1	36	29	40	-15

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 18.40%

Sales growth is growing at healthy rate in last 3 years 11.66%

Net Profit has been subdued in last 3 years 0.00%

Debt to equity has increased versus last 3 years average to 4.16

Sales growth is not so good in last 4 quarters at 8.65%

Latest Financials - Harish Textile Engineers Ltd.

	Standalone	Consolidated
TTM EPS (₹)	5.4	-
TTM Sales (₹ Cr.)	125	-
BVPS (₹.) ⓘ	30.3	-
Reserves (₹ Cr.) ⓘ	7	-
P/BV ⓘ	1.75	-
PE ⓘ	9.79	-

From the Market
52 Week Low / High (₹)	30.00 / 67.65
All Time Low / High (₹)	11.64 / 68.00
Market Cap (₹ Cr.)	17.8
Equity (₹ Cr.)	3.3
Face Value (₹)	10
Industry PE ⓘ	45.5

Management X-Ray of Harish Textile Engin:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Harish Textile Engin

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

This is a premium feature, Please click here to check our solutions.

Key Ratios of Harish Textile Engin

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Sales	24.80	41.17	36.33	37.99	83.64	81.80	106.86	116.44
Operating Expenses ⓘ	24.22	38.42	35.18	36.08	82.95	78.34	99.54	110.13
Manufacturing Costs	1.49	3.38	4.46	2.62	6.64	5.37	8.54	10.06
Material Costs	16.69	26.62	21.56	23.88	57.70	58.05	71.05	75.97
Employee Cost	1.06	1.59	1.20	1.97	6.75	5.10	7.05	8.49
Other Costs ⓘ	4.98	6.83	7.96	7.61	11.86	9.82	12.90	15.60
Operating Profit ⓘ	0.58	2.75	1.15	1.91	0.69	3.46	7.32	6.31
Operating Profit Margin (%)	2.3%	6.7%	3.2%	5.0%	0.8%	4.2%	6.9%	5.4%
Other Income ⓘ	0.47	0.68	2.06	1.34	4.89	3.88	0.46	1.27
Interest ⓘ	0.98	1.30	1.23	1.13	3.68	3.47	4.90	5.28
Depreciation ⓘ	0.82	0.93	1.17	0.78	2.43	2.10	2.22	2.20
Exceptional Items ⓘ	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	-0.75	1.19	0.82	1.33	-0.53	1.77	0.66	0.10
Tax ⓘ	-0.09	0.37	0.25	0.38	0.20	0.02	0.18	0.14
Profit After Tax	-0.66	0.82	0.58	0.95	-0.73	1.75	0.48	-0.03
PAT Margin (%)	-2.7%	2.0%	1.6%	2.5%	-0.9%	2.1%	0.5%	0.0%
Adjusted EPS (₹)	-13.2	16.5	2.4	2.8	-2.2	5.3	1.5	-0.1
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Equity and Liabilities
Shareholders Fund	0.95	1.77	6.99	8.06	7.33	9.09	9.57	9.54
Share Capital ⓘ	0.50	0.50	2.40	3.34	3.34	3.34	3.34	3.34
Reserves ⓘ	0.45	1.27	4.59	4.72	4	5.75	6.23	6.20
Minority Interest	0	0	0	0	0	0	0	0
Debt	8.73	8.72	8.82	10.72	21.77	25.17	35.85	35.85
Long Term Debt	7.63	7.52	1.74	4.69	10.50	10.10	14.22	11.66
Short Term Debt	1.11	1.20	7.09	6.03	11.28	15.07	21.62	24.19
Trade Payables	5.45	17.43	18.87	17.33	27.95	21.64	21.67	20.79
Others Liabilities ⓘ	3.38	8.42	11.76	8.22	15.75	12.64	12.06	10.95
Total Liabilities ⓘ	18.51	36.35	46.43	44.34	72.81	68.54	79.15	77.13
Fixed Assets
Gross Block	7.35	19.85	14.75	18.95	45.70	45.58	51.37	51.33
Accumulated Depreciation	2.06	13.10	1.17	1.66	19.81	21.69	23.56	25.05
Net Fixed Assetsⓘ	5.29	6.75	13.58	17.30	25.89	23.88	27.80	26.28
CWIP ⓘ	0	2.89	2.93	2.99	0	0.48	0.79	1.71
Investmentsⓘ	6.02	6.23	6.47	0	0	0	0	0
Inventories	3.63	5.35	8.85	9.29	17.84	13.40	14.09	19.17
Trade Receivables	0.85	5.83	3.99	3.75	17.87	17.92	20.75	18.21
Cash Equivalents	0.09	0.54	0.06	0.33	0.70	0.61	1.68	0.15
Others Assetsⓘ	2.63	8.75	10.55	10.68	10.51	12.24	14.04	11.60
Total Assets ⓘ	18.51	36.35	46.43	44.34	72.81	68.54	79.15	77.13

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Cash Flow From Operating Activity ⓘ	2.43	-3.76	-6.88	1.43	0.55	6.06
PBT ⓘ	0.82	1.33	-0.53	1.77	0.66	0.10
Adjustment ⓘ	2.10	1.39	2.85	2.84	7.16	7.12
Changes in Working Capital ⓘ	-0.01	-6.45	-9.21	-2.76	-6.99	-1.14
Tax Paid ⓘ	-0.48	-0.03	0.01	-0.42	-0.28	-0.02
Cash Flow From Investing Activity ⓘ	-2.70	2.27	-3.33	-0.45	-6.74	-1.78
Capex	-2.77	-4.50	-6.20	-0.71	-6.19	-1.08
Net Investments	-0.23	6.47	-0.48	0.48	0	0
Others ⓘ	0.30	0.30	3.36	-0.22	-0.54	-0.70
Cash Flow From Financing Activityⓘ	-0.20	1.75	10.09	-0.59	7.25	-5.81
Net Proceeds from Shares ⓘ	0.80	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	2.75	8.15	3.11	7.09	0.19
Interest Paid ⓘ	-1.13	-0.98	-2.95	-3.45	-4.90	-5.26
Dividend Paid ⓘ	0	0	0	0	0	0
Others ⓘ	0.12	-0.02	4.89	-0.26	5.06	-0.74
Net Cash Flow ⓘ	-0.47	0.27	-0.12	0.40	1.07	-1.53

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Ratios
ROE (%)	-69.88	60.6	13.15	12.61	-9.46	21.37	5.18	-0.34
ROCE (%)	2.37	24.7	15.59	13.91	12.17	15.15	12.83	10.88
Asset Turnover Ratio	1.43	1.66	0.9	0.84	1.43	1.16	1.45	1.49
PAT to CFO Conversion(x)	N/A	0	4.19	-3.96	N/A	0.82	1.15	N/A
Working Capital Days
Receivable Days	12	27	48	37	47	80	66	61
Inventory Days	50	36	70	87	59	70	47	52
Payable Days	119	157	307	277	143	156	111	102

Harish Textile Engineers Ltd Stock News

Harish Textile Engineers Ltd FAQs

What is the share price of Harish Textile Engin?

Company share prices are keep on changing according to the market conditions. The closing price of Harish Textile Engin on 25-Apr-2024 16:01 is ₹53.20.

What is the market cap of Harish Textile Engin?

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 25-Apr-2024 16:01 the market cap of Harish Textile Engin stood at ₹17.75.

What is the P/E ratio of Harish Textile Engin?

The latest P/E ratio of Harish Textile Engin as of 25-Apr-2024 16:01 is 9.79.

What is the P/B ratio of Harish Textile Engin?

The latest P/B ratio of Harish Textile Engin as of 25-Apr-2024 16:01 is 1.75.

What is the 52-week high and low of Harish Textile Engin?

The 52-week high of Harish Textile Engin is ₹67.65 and the 52-week low is ₹30.00.

What is the TTM revenue of Harish Textile Engin?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Harish Textile Engin is ₹125.3 ( 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.