Harish Textile Engineers Ltd Stock Price Today (NSE: HARISH)
Fundamental Score
Harish Textile Engineers Ltd Share Price Live NSE/BSE & Institutional Fundamental Analysis
Harish Textile Engineers Ltd share price today is ₹64.00, up +0.00% on NSE/BSE as of 17 February 2026. Harish Textile Engineers Ltd (HARISH) is a Small-cap company in the Industrial Products sector with a market capitalisation of ₹22.00 (Cr). The 52-week high for HARISH share price is ₹N/A and the 52-week low is ₹N/A. At a P/E ratio of 6.65x, HARISH is currently trading below its industry average P/E of 33.94x. The company has a Return on Equity (ROE) of 2.84% and a debt-to-equity ratio of 2.86.
Harish Textile Engineers Ltd Share Price Chart — NSE/BSE Historical Performance
Returns & Performance
ROE
ROCE
OPM (5Y)
Div Yield
Harish Textile Engineers Ltd Valuation Check
P/E Ratio
Industry P/E
Market Cap
Growth Engine
Profit Growth (Q)
Sales Growth (Q)
Sales Growth (5Y)
EPS Growth (5Y)
Profit Growth (5Y)
Balance Sheet Health
Debt to Equity
Int. Coverage
Free Cash Flow (5Y)
Shareholding
Promoter
FII
DII
Pledged
Institutional Deep-Dive
Bull Run Research Hub
Harish Textile Engineers Share Price: A ROCE-Focused Analysis
A key trend within the Industrial Products sector is the increasing automation of manufacturing processes, demanding specialized engineering solutions. This analysis examines the Harish Textile Engineers share price, currently trading at ₹65.0, through the lens of Return on Capital Employed (ROCE). With a PE ratio of 6.65, the stock appears potentially undervalued; however, a deeper dive into its profitability and capital efficiency is crucial. This analysis forms part of a comprehensive 80-parameter fundamental audit verified by Sweta Mishra.
Harish Textile Engineers' ROCE currently stands at 9.56%. This metric indicates the efficiency with which the company generates profits from its capital employed. While a ROCE of 9.56% suggests a basic level of profitability, it's essential to contextualize this within the industry. A higher ROCE implies better capital allocation and potentially a stronger competitive advantage. Compared to peers like Pennar Industries Limited
Pennar Industries Limited, where a greater focus on strategic acquisitions to augment growth has historically been observed, Harish Textile Engineers' management might be perceived as more conservative in its capital deployment. Examining the historical ROCE trend and comparing it to peers will offer more granular insights into the quality of management decisions at Harish Textile Engineers Ltd and their ability to generate shareholder value over the long term.A consistent and improving ROCE contributes significantly to a company's economic moat. In the case of Harish Textile Engineers, the 9.56% ROCE reflects its ability to generate profits from its operations. A higher ROCE, if sustainable, could indicate a strong moat stemming from factors such as specialized knowledge, proprietary technology, or strong customer relationships. Further investigation is needed to understand the drivers of this ROCE and whether it can be defended against competitors.
Further research is warranted to ascertain whether the current ROCE represents a sustainable level or if it's impacted by cyclical industry factors or one-time events. Comparison with sector peers, including Airfloa Rail and Concord Control, will provide a more comprehensive understanding of Harish Textile Engineers' relative performance and its capacity to sustain a competitive ROCE in the long run. Analyzing the components of ROCE (EBIT and Capital Employed) will help to isolate the key drivers of profitability and provide a more nuanced perspective on the company's financial health.
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Harish Textile Engineers Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of HARISH across key market metrics for learning purposes.
Positive Indicators
5 factors identified
Attractive Valuation (P/E: 6.65 vs Industry: 33.94)
Observation: Trading at discount to industry peers.
Analysis: P/E below industry average may present value opportunity.
Robust Profit Growth (205.15%)
Observation: Strong year-over-year profit expansion demonstrates business momentum.
Analysis: Profit growth >20% indicates effective execution and market opportunity capture.
Excellent EPS Growth (15.81% CAGR)
Observation: Outstanding 5-year earnings per share compound growth.
Analysis: EPS CAGR >15% indicates strong wealth creation potential.
Strong Profit Growth Track Record (15.81% CAGR)
Observation: Consistent 5-year profit compound annual growth rate.
Analysis: Profit CAGR >15% demonstrates scalable business model.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
7 factors identified
Below-Average Return on Equity (2.84%)
Observation: Returns on equity are below industry benchmarks.
Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.
Suboptimal ROCE (9.56%)
Observation: Returns on capital employed are below expectations.
Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.
Margin Pressure Concerns (4.96%)
Observation: Operating margins are below industry standards.
Analysis: OPM <5% may indicate pricing pressures or cost management challenges.
Elevated Debt Levels (D/E: 2.86)
Observation: High leverage increases financial risk and interest burden.
Analysis: High debt-to-equity ratios require monitoring of debt servicing capability.
Weak Interest Coverage (2.06x)
Observation: Limited ability to service debt obligations from earnings.
Analysis: Low interest coverage raises concerns about financial stability.
Limited Institutional Interest (FII+DII: 0.05%)
Observation: Low institutional participation may affect liquidity.
Analysis: Limited institutional interest may indicate size constraints or visibility issues.
No Dividend Distribution
Observation: Company does not currently pay dividends to shareholders.
Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.
Harish Textile Engineers Ltd Financial Statements
Comprehensive financial data for Harish Textile Engineers Ltd including income statement, balance sheet and cash flow
About HARISH (Harish Textile Engineers Ltd)
Harish Textile Engineers Ltd (HARISH) is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) of India. The company operates in the Industrial Products sector with a current market capitalisation of ₹22.00 (Cr). Harish Textile Engineers Ltd has delivered a Return on Equity (ROE) of 2.84% and a ROCE of 9.56%. The debt-to-equity ratio stands at 2.86, reflecting the company's capital structure. Investors tracking HARISH share price can monitor key metrics including P/E ratio, promoter holding of 48.15%, and quarterly earnings growth.
Company Details
Key Leadership
Latest News
HARISH Share Price: Frequently Asked Questions
What is the current share price of Harish Textile Engineers Ltd (HARISH)?
As of 17 Feb 2026, 10:11 am IST, Harish Textile Engineers Ltd share price is ₹64.00. The HARISH stock has a market capitalisation of ₹22.00 (Cr) on NSE/BSE.
Is HARISH share price Overvalued or Undervalued?
HARISH share price is currently trading at a P/E ratio of 6.65x, compared to the industry average of 33.94x. Based on this relative valuation, the Harish Textile Engineers Ltd stock appears to be Undervalued against its sector peers.
What is the 52-week high and low of HARISH share price?
The 52-week high of HARISH share price is ₹N/A and the 52-week low is ₹N/A.
What factors affect the Harish Textile Engineers Ltd share price?
Key factors influencing HARISH share price include quarterly earnings growth (Sales Growth: -0.79%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).
Is Harish Textile Engineers Ltd a good stock for long-term investment?
Harish Textile Engineers Ltd shows a 5-year Profit Growth of 15.81% and an ROE of 2.84%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 2.86 before investing in HARISH shares.
How does Harish Textile Engineers Ltd compare with its industry peers?
Harish Textile Engineers Ltd competes with major peers in the Industrial Products. Investors should compare HARISH share price P/E of 6.65x and ROE of 2.84% against the industry averages to determine competitive standing.
What is the P/E ratio of HARISH and what does it mean?
HARISH share price has a P/E ratio of 6.65x compared to the industry average of 33.94x. Investors pay ₹7 for every ₹1 of annual earnings.
How is HARISH performing according to Bull Run's analysis?
HARISH has a Bull Run fundamental score of 44.6/100, indicating concerns requiring careful analysis. This comprehensive rating is based on 15+ financial parameters.
What sector and industry does HARISH belong to?
HARISH operates in the Industrial Products industry. This classification helps understand the competitive landscape and sector-specific trends affecting Harish Textile Engineers Ltd share price.
What is Return on Equity (ROE) and why is it important for HARISH?
HARISH has an ROE of 2.84%, which suggests challenges in generating returns from shareholders equity. ROE measures how efficiently Harish Textile Engineers Ltd generates profits from shareholders capital.
How is HARISH debt-to-equity ratio and what does it indicate?
HARISH has a debt-to-equity ratio of 2.86, which indicates high leverage that increases financial risk.
What is HARISH dividend yield and is it a good dividend stock?
HARISH offers a dividend yield of 0.00%, meaning you receive ₹0.00 annual dividend for every ₹100 invested in Harish Textile Engineers Ltd shares.
How has HARISH share price grown over the past 5 years?
HARISH has achieved 5-year growth rates of: Sales Growth 9.56%, Profit Growth 15.81%, and EPS Growth 15.81%.
What is the promoter holding in HARISH and why does it matter?
Promoters hold 48.15% of HARISH shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in Harish Textile Engineers Ltd.
What is HARISH market capitalisation category?
HARISH has a market capitalisation of ₹22 crores, placing it in the Small-cap category.
How volatile is HARISH stock?
HARISH has a beta of N/A. A beta > 1 suggests the Harish Textile Engineers Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.
What is HARISH operating profit margin trend?
HARISH has a 5-year average Operating Profit Margin (OPM) of 4.96%, indicating the company's operational efficiency.
How is HARISH quarterly performance?
Recent quarterly performance shows Harish Textile Engineers Ltd YoY Sales Growth of -0.79% and YoY Profit Growth of 205.15%.
What is the institutional holding pattern in HARISH?
HARISH has FII holding of 0.00% and DII holding of 0.05%. Significant institutional holding often suggests professional confidence in the Harish Textile Engineers Ltd stock.