Harish Textile Engineers Ltd.

BSE: 542682 SECTOR: Textile - Machinery  1341   0   0

39.60
+0.10 (0.25%)
BSE: Today, 05:10 PM

Price Summary

Today's High

₹ 39.6

Today's Low

₹ 37.55

52 Week High

₹ 65.7

52 Week Low

₹ 0

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

13.21 Cr.

Enterprise Value

40.51 Cr.

No. of Shares

0.33 Cr.

P/E

81.05

P/B

1.43

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  27.62

CASH

0.61 Cr.

DEBT

27.91 Cr.

Promoter Holding

65.89 %

EPS (TTM)

₹  0.49

Sales Growth

-2.2%

ROE

21.37 %

ROCE

15.15%

Profit Growth

341.1 %

* 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

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* 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 Year-2.2%
3 Year31.07%
5 Year26.96%

Profit Growth

1 Year341.1%
3 Year44.96%
5 Year35.98%

ROE%

1 Year21.37%
3 Year8.18%
5 Year19.66%

ROCE %

1 Year15.15%
3 Year13.74%
5 Year16.31%

Debt/Equity

3.0716

Price to Cash Flow

9.21

Interest Cover Ratio

1.5101887880098

CFO/PAT (5 Yr. Avg.)

0

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2022 65.89 0
Mar 2022 65.89 0
Dec 2021 65.89 0
Sep 2021 72.19 8.72
Jun 2021 72.19 8.72
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good revenue growth of 31.0658489462043% for the Past 3 years.
  • Company’s PEG ratio is 0.23760919197052.
  • The company has an efficient Cash Conversion Cycle of -6.3451934126706 days.
  • The company has a high promoter holding of 65.89%.

 Limitations

  • Company has high Debt to Equity ratio of 3.0716.
  • The company has a low EBITDA margin of 3.84071893395571% over the past 5 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
Net Sales 20.58 24.8 32.01 29.48 29.69
Total Expenditure 19.09 24.11 29.93 26.41 28.37
Operating Profit 1.49 0.69 2.08 3.07 1.32
Other Income 0.12 0.12 0.2 0.02 0.16
Interest 0.95 0.99 1.05 1.91 1.27
Depreciation 0.56 0.46 0.6 0.61 0.64
Exceptional Items 0 0 0 0 0
Profit Before Tax 0.1 -0.64 0.63 0.57 -0.42
Tax -0.11 -0.13 0.29 -0.12 -0.07
Profit After Tax 0.2 -0.51 0.34 0.69 -0.35
Adjusted EPS (Rs) 0.61 -1.53 1.02 2.06 -1.06

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

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Net Sales 41.17 36.33 37.99 83.64 81.8
Total Expenditure 38.42 35.18 36.08 82.95 78.34
Operating Profit 2.75 1.15 1.91 0.69 3.46
Other Income 0.68 2.06 1.34 4.89 3.88
Interest 1.3 1.23 1.13 3.68 3.47
Depreciation 0.93 1.17 0.78 2.43 2.1
Exceptional Items 0 0 0 0 0
Profit Before Tax 1.19 0.82 1.33 -0.53 1.77
Tax 0.37 0.25 0.38 0.2 0.02
Net Profit 0.82 0.58 0.95 -0.73 1.75
Adjusted EPS (Rs.) 0 0 0 -2.18 5.26

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Equity and Liabilities
Share Capital 0.5 2.4 3.34 3.34 3.34
Total Reserves 1.27 4.59 4.72 4 5.75
Borrowings 7.52 1.74 4.69 10.5 10.1
Other N/C liabilities 0.79 1.09 1.09 2.25 1.74
Current liabilities 26.26 36.62 30.5 52.73 47.61
Total Liabilities 36.35 46.43 44.34 72.81 68.54
Assets
Net Block 6.75 13.58 17.3 25.89 23.88
Capital WIP 2.89 2.93 2.99 0 0.48
Intangible WIP 0 0 0 0 0
Investments 6.23 6.47 0 0 0
Loans & Advances 5.69 4.33 6.54 2.4 2.68
Other N/C Assets 0 1.47 1.14 0.01 0.01
Current Assets 14.78 17.65 16.37 44.51 41.48
Total Assets 36.35 46.43 44.34 72.81 68.54
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Profit from operations 0 0.82 1.33 -0.53 1.77
Adjustment 0 2.1 1.39 2.85 2.84
Changes in Assets & Liabilities 0 -0.01 -6.45 -9.21 -2.76
Tax Paid 0 -0.48 -0.03 0.01 -0.42
Operating Cash Flow 0 2.43 -3.76 -6.88 1.43
Investing Cash Flow 0 -2.7 2.27 -3.33 -0.45
Financing Cash Flow 0 -0.2 1.75 10.09 -0.59
Net Cash Flow 0 -0.47 0.27 -0.12 0.4

Corporate Actions

Investors Details

PARTICULARS Jun 2021% Sep 2021% Dec 2021% Mar 2022% Jun 2022%
Promoters 72.19 72.19 65.89 65.89 65.89
sandeep kirtikumar... 71.44 71.44 65.15 65.15 65.15
kirtikumar shantil... 0.71 0.71 0.71 0.71 0.71
niranjana kirtikum... 0.02 0.02 0.02 0.02 0.02
shovan sandeep gan... 0.01 0.01 0.01 0.01 0.01
PARTICULARS Jun 2021% Sep 2021% Dec 2021% Mar 2022% Jun 2022%
Investors 27.81 27.81 34.11 34.11 34.11
mahendra girdharil... 1.90 1.90 1.90 1.90 1.90
kailashben ashokku... - - 1.79 1.71 1.66
patel mayur rajend... 1.37 1.37 1.37 1.37 1.37
dheeraj kumar lohia 1.34 1.34 1.34 1.34 1.34
varsha chugh 1.29 1.29 1.29 1.29 1.29
talib zafar 1.22 - - - -
rajkumar samanmal ... - - 1.05 1.05 1.05

Annual Reports

Ratings & Research Reports

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Company Presentations

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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 find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. 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 81.0478919361441 which is high and comparatively 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 2.48254296164758 % 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 0.871354634896363 .

  • 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 21.3724928890324 % .(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 D/E ratio of 3.0716 which means that the company has high proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Harish Textile Engin has an Inventory turnover ratio of 5.23588960687733 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Harish Textile Engin has reported revenue growth of -2.19881653691776 % 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 4.22693280552196 %.

  • 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 %.

Brief about Harish Textile Engin

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