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Harish Textile Engin share price

Harish Textile Engineers Ltd.

BSE: 542682 SECTOR: Textile - Machinery  6164   0   0

93.05
0 0
BSE: 20 Dec 04:01 PM

Price Summary

Today's High

₹ 96.82

Today's Low

₹ 93.05

52 Week High

₹ 102.6

52 Week Low

₹ 42.7

FinStar is Suspended!

FinStar can not be assigned to this company due to its dicey outlook and insufficient data. We will update the FinStar for this company as soon as the data is updated from its end.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

31.04 Cr.

Enterprise Value

66.69 Cr.

No. of Shares

0.33 Cr.

P/E

0

P/B

3.99

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  23.32

CASH

0.26 Cr.

DEBT

35.9 Cr.

Promoter Holding

48.15 %

EPS (TTM)

₹  -5.13

Sales Growth

12.54%

ROE

-3.01 %

ROCE

10.92%

Profit Growth

-767.18 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year12.54%
3 Year17.01%
5 Year28.1%

Profit Growth

1 Year-767.18%
3 Year-154.42%
5 Year-178.49%

ROE%

1 Year-3.01%
3 Year0.61%
5 Year2.75%

ROCE %

1 Year10.92%
3 Year11.55%
5 Year12.39%

Debt/Equity

3.8799

Price to Cash Flow

2.85

Interest Cover Ratio

0.935

CFO/PAT (5 Yr. Avg.)

10.0920204303776

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 48.15 0.00
Jun 2024 48.15 0.00
Mar 2024 48.15 0.00
Dec 2023 48.15 0.00
Sep 2023 48.15 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good revenue growth of 17.0103897974248% for the Past 3 years.
  • The company has an efficient Cash Conversion Cycle of 17.17 days.

 Limitations

  • The company has shown a poor profit growth of -154.415690606849% for the Past 3 years.
  • Company has a poor ROE of 0.608541909131843% over the past 3 years.
  • Company has high Debt to Equity ratio of 3.8799.
  • Company has low Interest coverage ratio of 0.935.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Net Sales 32.52 34.33 35.82 30.76 35.3
Total Expenditure 30.57 31.92 36.22 29.58 35.16
Operating Profit 1.94 2.41 -0.4 1.18 0.14
Other Income 0.11 0.06 1.03 0.11 0.13
Interest 1.16 1.77 1.28 0.71 1.22
Depreciation 0.52 0.44 0.41 0.41 0.42
Exceptional Items 0 0 0 0 0
Profit Before Tax 0.38 0.27 -1.06 0.17 -1.36
Tax -0.12 0.25 -0.2 0.06 -0.39
Profit After Tax 0.5 0.02 -0.86 0.1 -0.97
Adjusted EPS (Rs) 1.5 0.05 -2.59 0.31 -2.91

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 83.64 81.8 106.86 116.44 131.04
Total Expenditure 82.95 78.34 99.54 110.13 125.56
Operating Profit 0.69 3.46 7.32 6.31 5.48
Other Income 4.89 3.88 0.46 1.27 1.54
Interest 3.68 3.47 4.9 5.28 5.51
Depreciation 2.43 2.1 2.22 2.2 1.87
Exceptional Items 0 0 0 0 0
Profit Before Tax -0.53 1.77 0.66 0.1 -0.36
Tax 0.2 0.02 0.18 0.14 -0.08
Net Profit -0.73 1.75 0.48 -0.03 -0.28
Adjusted EPS (Rs.) -2.18 5.26 1.45 -0.1 -0.85

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 3.34 3.34 3.34 3.34 3.34
Total Reserves 4 5.75 6.23 6.2 5.92
Borrowings 10.5 10.1 14.22 11.66 5.86
Other N/C liabilities 2.25 1.74 1.55 1.52 1.34
Current liabilities 52.73 47.61 53.81 54.46 61.17
Total Liabilities 72.81 68.54 79.15 77.18 77.61
Assets
Net Block 25.89 23.88 27.8 26.28 27.81
Capital WIP 0 0.48 0.79 1.71 0
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0 0
Loans & Advances 2.4 2.68 2.8 3.39 3.73
Other N/C Assets 0.01 0.01 0.01 0.01 0.03
Current Assets 44.51 41.48 47.75 45.77 46.04
Total Assets 72.81 68.54 79.15 77.18 77.61
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations -0.53 1.77 0.66 0.1 -0.36
Adjustment 2.85 2.84 7.16 7.12 8.98
Changes in Assets & Liabilities -9.21 -2.76 -6.99 -1.14 2.4
Tax Paid 0.01 -0.42 -0.28 -0.02 -0.13
Operating Cash Flow -6.88 1.43 0.55 6.06 10.88
Investing Cash Flow -3.33 -0.45 -6.74 -1.78 -1.46
Financing Cash Flow 10.09 -0.59 7.25 -5.81 -9.32
Net Cash Flow -0.12 0.4 1.07 -1.53 0.1

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 48.15 48.15 48.15 48.15 48.15
kirtikumar shantilal gand... 0.71 0.71 0.02 0.02 0.02
niranjana kirtikumar gand... 0.02 0.02 0.02 0.02 0.02
sandeep kirtikumar gandhi... 47.40 47.40 48.10 48.10 48.10
shovan sandeep gandhi 0.01 0.01 0.01 0.01 0.01
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 51.85 51.85 51.85 51.85 51.85
bhooshan suresh patel 1.24 1.24 1.24 1.24 1.24
hitendra chimanlal desai 1.17 1.17 1.17 1.17 1.17
kamal kumar goyal - - - - 1.34
kuntal pinkesh upadhyay 1.84 1.65 1.65 1.65 1.65
mahendra girdharilal 1.90 1.90 1.90 1.90 1.90
nivedita kishorchandra ko... 1.51 1.51 1.51 1.51 1.51
patel mayur rajendrabhai 1.37 1.37 1.37 1.37 1.32
pinkesh h upadhyay huf 1.33 1.33 1.33 1.33 1.33
ram pal naraniwal 2.21 2.14 2.69 3.04 2.63
sunil bhirud 1.26 1.25 1.25 1.25 1.25
varsha chugh 1.23 1.23 1.23 1.23 1.23
kailashben ashokkumar pat... 2.37 2.32 2.13 1.59 -
kunal kansal 1.03 1.03 - - -
pathik hitendra desai 1.06 - - - -
rajkumar samanmal makhija... 1.01 - - - -

Ratings & Research Reports

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Company Presentations

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Company News

Harish Textile Engineers informs about press release 9 Dec, 3:13 PM Harish Textile Engin - Quaterly Results 6 Dec, 7:54 PM Harish Textile Engin - Quaterly Results 6 Dec, 7:54 PM Harish Textile Engineers informs about issuance of duplicate share certificate 20 Aug, 2:52 PM Harish Textile Engin - Quaterly Results 13 Aug, 2:34 PM Harish Textile Engin - Quaterly Results 13 Aug, 2:34 PM Harish Textile Engineers informs about certificate 9 Jul, 5:31 PM Harish Textile Engineers informs about non-applicability of large corporate entity 23 Apr, 5:29 PM Harish Textile Engineers informs about disclosure 20 Feb, 10:44 AM Harish Textile Engin - Quaterly Results 14 Feb, 4:33 PM Harish Textile Engin - Quaterly Results 14 Feb, 4:33 PM Harish Textile Engineers informs about compliances-certificate 5 Jan, 5:03 PM Harish Textile Engineers informs about resignation of independent director 22 Dec, 9:55 AM Harish Textile Engineers informs about outcome of board meeting 11 Dec, 5:02 PM Harish Textile Engineers informs about compliance certificate 18 Apr, 4:29 PM Harish Textile Engineers informs about compliances-certificate 10 Apr, 5:32 PM Harish Textile Engineers informs about disclosures 24 Nov, 5:04 PM Harish Textile Engineers informs about disclosure 25 Aug, 4:46 PM Harish Textile Engin - Quaterly Results 10 Aug, 5:09 PM Harish Textile Engineers informs about trading window closure 4 Jan, 12:09 PM Harish Textile Engineers informs about disclosure 23 Dec, 11:00 AM Harish Textile Engineers informs about disclosure 23 Dec, 10:59 AM Harish Textile Engineers informs about disclosure 22 Nov, 1:44 PM Harish Textile Engineers submits disclosure of related party transactions 30 Jul, 4:59 PM Harish Textile Engin - Quaterly Results 22 Sep, 1:36 PM Harish Textile Engin - Quaterly Results 22 Sep, 1:36 PM Harish Textile Engineers informs about disclosure 11 Sep, 10:38 AM

Harish Textile Engin Stock Price Analysis and Quick Research Report. Is Harish Textile Engin an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Harish Textile Engin stock price today is Rs 93.05. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Harish Textile Engin . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Harish Textile Engin has a PE ratio of -18.142291719472 which is low and comparatively undervalued .

  • Share Price: - The current share price of Harish Textile Engin is Rs 93.05. One can use valuation calculators of ticker to know if Harish Textile Engin share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Harish Textile Engin has ROA of -0.3653 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Harish Textile Engin has a Current ratio of 0.7527 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Harish Textile Engin has a ROE of -3.009 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Harish Textile Engin has a Debt to Equity ratio of 3.8799 which means that the company has high proportion of debt in its capital.

  • Sales growth: - Harish Textile Engin has reported revenue growth of 12.5392 % which is poor in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Harish Textile Engin for the current financial year is 4.18116259991986 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Harish Textile Engin is Rs 0 and the yield is 0 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Harish Textile Engin is Rs -5.1289 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Harish Textile Engin in Ticker for free. Also, one can get the intrinsic value of Harish Textile Engin by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about Harish Textile Engin
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