Harish Textile Engineers Ltd Stock Price Today (NSE: HARISH)

Harish Textile Engineers Ltd

65.15+1.79 (+2.83%)
Market Closed

Fundamental Score

...

Harish Textile Engineers Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Harish Textile Engineers Ltd share price today is 65.15, up +2.83% on NSE/BSE as of 12 June 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 75.50 and the 52-week low is 52.40. 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

No data
High
74.99
Low
61.26
Volume
1.5K
Change
-1.19%

Harish Textile Engineers Ltd share price chart: -1.19% return over the past month. 52-week high ₹75.50, 52-week low ₹52.40.

Harish Textile Engineers Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
69.9569.9565.0065.228.97K (Cr)
75.5075.5065.0565.3112.60K (Cr)
66.6066.6063.0965.001.85K (Cr)
68.9868.9863.9965.681.53K (Cr)
65.3965.8065.3965.80848.00 (Cr)
63.6265.7163.6164.3745.00 (Cr)
65.0665.0663.6063.60203.00 (Cr)
65.3165.3165.0065.061.01K (Cr)
64.1165.8662.5565.311.58K (Cr)
64.0565.7164.0564.051.14K (Cr)

Harish Textile Engineers Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
75.5075.5065.0065.22-13.62%
63.0070.0061.2665.00+3.17%
69.0074.9959.0063.00-8.70%
66.0069.5058.6063.99-3.05%
63.4574.9958.6367.64+6.60%
64.9567.9055.0663.62-2.05%
67.9969.0059.2061.87-9.00%
60.9469.8056.2265.95+8.22%
54.0067.4052.4057.00+5.56%
60.0065.3052.8053.01-11.65%
61.9965.9953.3058.90-4.98%
72.2772.2755.0060.40-16.42%

AI Research Briefing

Powered by Gemini · 2026-04-10

Micro-cap turnaround play with a debt-laden balance sheet; avoid until liquidity issues are resolved.

Research Confidence
6.0/10Moderate
DEBT TRAP TURNAROUNDConsolidation. 1M: 15.7%, 3M: 13.22%, 6M: 0.66%Cheap, P/E of 6.65x vs industry P/E of 33.94x

WHAT'S HAPPENING NOW (last 2-4 weeks)

Harish Textile Engineers delayed interest payment of s on unlisted NCDs due to financial constraints. Total interest due from Oct 2025 to March 2026 was s, with s already paid for Oct-Dec 2025. Markets Mojo upgraded the stock to 'Hold' on March 30, 2026, citing improved technicals and valuation; 73%. Trading window closed on April 1, 2026, ahead of FY26 results.

CORE STORY (THE REAL GAME)

This is a micro-cap turnaround play teetering on the edge. The market is whipsawing between hope (technical upgrades) and fear (delayed payments), typical of distressed situations.

Why Now
  • Technical upgrade to 'Hold'
  • Very attractive valuation relative to peers
  • Short-term profit growth
Potential Catalysts
  • Successful debt restructuring
  • Consistent profitability in coming quarters
  • Significant order wins
Key Risks
  • Delayed interest payments on NCDs
  • High debt-to-equity ratio
  • Negative working capital
Institutional Activity

No significant FII/DII activity. Promoter holding stable at 48.15%.

Macro Context

Indian industrial sector showing uneven growth, with infrastructure-linked sectors performing well.

Cash Flow Quality

Yes, Free Cash Flow 5Y: ₹22.95 Cr

3–6 Month Outlook

If Harish Textile can successfully restructure its debt and improve its working capital, it could be a compelling turnaround story. However, the risk of financial distress remains high.

Primary Thesis Risk

Liquidity crunch and high debt could lead to insolvency.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

2.84%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

9.56%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

4.96%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Harish Textile Engineers Ltd Valuation Check

Excellent

Price to Earnings (P/E)

6.65x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

33.94x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

48.15%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.05%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

205.15%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

-0.79%

Revenue growth vs same quarter last year

Poor

Revenue Growth (5-Year CAGR)

9.56%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

15.81%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

15.81%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Poor

Debt to Equity Ratio

2.86x

Total debt ÷ equity. Below 0.5 = financially healthy

Poor

Interest Coverage Ratio

2.06x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

22.95 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

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 vs Industrial Products Peers

Peer Comparison - Industrial Products

Compare Harish Textile Engineers Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
44.6/100
65
₹22.00
6.7
Average
2.84%
Poor
9.56%
Poor
2.9
Poor
15.81%
Excellent
9.56%
Good
0.00%
67.3/100
3100
₹35916.60
94.8
Average
10.74%
Average
14.28%
Average
0.2
Excellent
95.23%
Excellent
49.23%
Excellent
0.00%
45/100
35070
₹31265.45
60.6
Average
13.70%
Average
18.40%
Good
0.0
Excellent
1.27%
Average
4.95%
Average
0.30%
63.3/100
586
₹22333.05
64.5
Average
21.16%
Excellent
24.35%
Excellent
0.4
Excellent
42.76%
Excellent
21.49%
Excellent
0.00%
48.5/100
3126
₹17963.45
91.3
Average
20.87%
Excellent
19.49%
Good
0.1
Excellent
54.52%
Excellent
20.24%
Excellent
0.00%
43.3/100
15607
₹16059.39
133.5
Average
3.04%
Poor
4.48%
Poor
0.0
Excellent
26.84%
Excellent
13.85%
Good
0.20%
54/100
1107
₹15669.49
68.2
Average
9.45%
Poor
11.67%
Average
0.1
Excellent
12.24%
Good
34.44%
Excellent
0.18%
60.90000000000001/100
1811
₹12879.94
54.5
Average
15.47%
Good
17.80%
Good
0.2
Excellent
24.79%
Excellent
19.06%
Excellent
0.10%
0/100
71
₹7137.25
52.5
Average
0.2
Excellent
0.48%
23.6/100
10454
₹6280.97
176.1
Average
6.21%
Poor
8.96%
Poor
0.8
Good
1.91%
Average
2.68%
Average
0.02%
42.7/100
338
₹5811.25
55.1
Average
14.08%
Average
17.92%
Good
0.2
Excellent
23.08%
Excellent
23.97%
Excellent
1.90%

Harish Textile Engineers Ltd Quarterly Performance

Latest quarterly metrics for HARISH — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

-0.79%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

205.15%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

9.56%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

15.81%

Compounded annual net profit growth over 5 years

Harish Textile Engineers Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for HARISH — calculated from daily price history

49RSI 14
Neutral — RSI 49

Momentum is balanced — neither overbought nor oversold.

SMA 50
65
▲ Price above SMA 50 — Short-term bullish
SMA 200
62
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
1K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Harish Textile Engineers Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Harish Textile Engineers Ltd (HARISH) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Harish Textile Engineers Ltd

About HARISH (Harish Textile Engineers Ltd)

Harish Textile Engineers Ltd is a pioneering force in the realm of industrial textile machinery, renowned for its robust engineering and commitment to innovation. For decades, HARI...SH has been crafting a comprehensive portfolio of advanced solutions designed to elevate textile processing across various stages. Their commitment extends from meticulously engineered dyeing and finishing equipment to sophisticated printing and coating systems, each built to withstand the demands of continuous operation and deliver consistent, high-quality results. HARISH's machinery empowers textile manufacturers to optimize efficiency, enhance product quality, and embrace sustainable practices within their operations, making them a trusted partner in the ever-evolving textile landscape. Beyond their core machinery offerings, HARISH also delves into specialized equipment tailored for specific textile treatments and applications. This includes advanced systems for fabric washing, drying, and curing, ensuring the desired texture, finish, and performance characteristics of the final textile product. Understanding the critical role of precision in textile manufacturing, HARISH incorporates cutting-edge technology and automation into their designs, allowing for accurate control of parameters like temperature, tension, and chemical application. This focus on precision translates into reduced waste, improved resource utilization, and ultimately, a more profitable and environmentally responsible manufacturing process for their clients. Driven by a dedication to customer satisfaction, HARISH Textile Engineers Ltd doesn't merely provide equipment; they offer comprehensive solutions backed by expert support and service. Their team of experienced engineers works closely with clients to understand their unique needs and challenges, tailoring machinery configurations and providing ongoing assistance throughout the equipment lifecycle. This collaborative approach fosters long-term partnerships, ensuring that HARISH customers remain at the forefront of textile innovation and competitiveness. This commitment to service and support solidifies their position as a dependable and valuable partner in the textile industry.

Company Details

Symbol:HARISH
Industry:Industrial Products
Sector:Industrial Products

Key Leadership

Mr. Pinkesh Upadhyay
Chief Financial Officer
Ms. Priya Gupta
Company Secretary & Compliance Officer
Mr. Shantilal Gandhi
Founder

HARISH Share Price: Frequently Asked Questions

What is the current share price of Harish Textile Engineers Ltd?

Harish Textile Engineers Ltd (HARISH) trades at ₹65.15 on NSE and BSE. Market cap ₹22.00 (Cr). Educational data only.

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

Harish Textile Engineers Ltd has a P/E of 6.65x vs industry average 33.94x.

What is the Bull Run score for Harish Textile Engineers Ltd?

Harish Textile Engineers Ltd has a Bull Run score of 44.6/100 based on 25+ financial parameters.

Does Harish Textile Engineers Ltd pay dividends?

Harish Textile Engineers Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Harish Textile Engineers Ltd?

Harish Textile Engineers Ltd has ROE of 2.84%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Harish Textile Engineers Ltd?

Harish Textile Engineers Ltd has debt-to-equity of 2.86.

Is Harish Textile Engineers Ltd a good investment?

Bull Run gives Harish Textile Engineers Ltd a score of 44.6/100. This is not investment advice — consult a SEBI-registered advisor.