Harish Textile Engineers Ltd

HARISH

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Market Cap

₹ 22 Cr

P/E

6.55

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Investment Checklist

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Performance

STEADY PERFORMER

Valuation

REASONABLE

Growth

SLUGGISH

Profitability

HIGH MARGIN

Technicals

Bullish

Risk

HIGH RISK

Investment Checklist

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Price

PE Ratio

Price

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Overview

Detailed Summary

Harish Textile Engineers Limited specializes in manufacturing textile machinery and producing non-woven fabrics and polyester staple fibers.

The company integrates sustainability by recycling PET bottles into polyester staple fibers, highlighting its green business focus.

Harish Textile Engineers possesses significant manufacturing infrastructure across multiple facilities in Gujarat and Nashik, supporting diverse product offerings.

The company's technical and design expertise allows for diversification beyond textile applications, emphasizing a versatile operational approach.

Sector

Textiles

Industry

Textiles - Others

Market Cap

22 Cr

Volatility

Moderate Risk

P/E Ratio

6.6

Industry P/E

25.9

PEG Ratio

0.0

P/B Ratio

2.0

52W High

97.00

52W Low

52.40

Sales CAGR

0.76%

7.30%

9.56%

10Y

19.55%

Profit CAGR

164.86%

-21.28%

—

10Y

—

ROE

TTM

29.89%

-0.63%

4.52%

10Y

4.27%

ROCE

TTM

20.01%

28.55%

26.04%

10Y

21.78%

Technicals

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Forecasts

Peers

Symbol	Price	Market Cap	P/E	P/B	Div Yield (%)	ROE (%)	ROCE (%)	ROA (%)
PWASML	25.38	26 Cr	—	0.54	0.00	-15.36	-3.60	1.60
SKIEL	30.02	22 Cr	—	3.16	0.00	29.35	29.49	29.05
HARISH	64.95	22 Cr	6.55	1.96	0.00	29.89	20.01	4.20
GAJANAND	11.00	21 Cr	57.89	0.56	0.00	-1.85	-0.50	-1.43
SUPRATRE	14.47	20 Cr	—	1.81	0.00	-12.66	-7.81	-7.36
BHATEXT	31.63	19 Cr	—	9.74	0.00	-1.07	4.30	-0.12
UNIROYAL	20.40	17 Cr	—	0.89	0.00	-2.81	3.93	-1.20

Financial Statements

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Standalone Quarterly Results (in ₹ Crores)

Total Figures

QoQ Changes

Total Figures

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Sales	28	33	34	36	31	35	33	33	32	35
Expenses	27	31	32	36	30	35	32	30	29	32
Operating Profit	1.49	1.98	2.42	-0.40	1.18	0.15	1.47	2.46	2.69	3.15
OPM %	5.25	6.09	7.05	-1.12	3.84	0.42	4.42	7.52	8.47	8.99
Other Income	0.29	0.11	0.06	1.03	0.11	0.13	0.23	0.10	0.10	0.08
Interest	1.25	1.16	1.77	1.28	0.71	1.22	1.06	0.97	0.85	1.27
Depreciation	0.50	0.52	0.44	0.41	0.41	0.42	0.43	0.42	0.43	0.44
Profit Before Tax	0.02	0.41	0.27	-1.06	0.17	-1.36	0.21	1.17	1.51	1.53
Tax %	-100.00	-26.83	92.59	17.92	35.29	28.68	290.48	-29.91	23.18	33.33
Net Profit	0.04	0.52	0.02	-0.86	0.11	-0.97	-0.39	1.52	1.16	1.02
EPS in Rs	0.12	1.57	0.05	-2.59	0.32	-2.96	-1.17	4.50	3.44	3.08

Standalone Profit Loss (in ₹ Crores)

Total Figures

YoY Changes

Total Figures

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	46	37	38	84	82	107	116	131	132	133
Expenses	38	35	36	84	78	100	110	126	127	126
Operating Profit	7.17	2.02	1.83	0.09	3.44	7.32	6.30	5.43	5.22	6.77
OPM %	15.73	5.43	4.82	0.11	4.20	6.85	5.41	4.14	3.95	5.09
Other Income	0.68	2.06	1.34	4.89	3.88	0.46	1.27	1.54	0.57	0.56
Interest	1.30	1.15	1.05	3.08	3.45	4.90	5.26	5.46	3.96	4.10
Depreciation	0.93	1.17	0.78	2.43	2.10	2.22	2.20	1.87	1.68	1.70
Profit Before Tax	1.19	0.82	1.33	-0.53	1.77	0.66	0.10	-0.36	0.16	1.53
Tax %	30.74	29.91	28.70	-37.12	0.88	26.76	131.53	21.14	-51.25	13.73
Net Profit	0.82	0.58	0.95	-0.73	1.75	0.48	-0.03	-0.28	0.24	1.32
EPS in Rs	—	—	2.60	-1.89	5.26	2.16	5.64	-0.85	0.69	9.85
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—

Standalone Balance Sheet (in ₹ Crores)

Total Figures

YoY Changes

Total Figures

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	0.50	0.50	2.40	3.34	3.34	3.34	3.34	3.34	3.34	3.34
Reserves	0.45	1.27	4.59	4.72	4.00	5.75	6.23	6.20	5.92	5.55
Borrowings	8.73	8.72	8.82	11	23	28	41	40	36	32
Other Liabilities	8.89	26	31	25	42	30	29	28	32	36
Total Liabilities	19	36	46	44	73	68	79	77	78	76
Fixed Assets	5.29	6.75	14	17	26	24	28	26	28	28
CWIP	0.00	2.89	2.93	2.99	0.00	0.48	0.79	1.71	0.00	0.88
Investments	6.02	6.23	6.47	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Assets	7.26	20	23	24	47	44	50	49	50	47
Total Assets	19	36	46	44	73	68	79	77	78	76

Standalone Cash Flows (in ₹ Crores)

Total Figures

YoY Changes

Total Figures

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity	2.43	-3.76	-6.88	1.43	0.55	6.06	11	11
Cash from Investing Activity	-2.70	2.27	-3.33	-0.45	-6.74	-1.78	-1.46	-2.40
Cash from Financing Activity	-0.20	1.75	10	-0.59	7.25	-5.81	-9.32	-8.40
Net Cash Flow	-0.47	0.27	-0.12	0.40	1.07	-1.53	0.10	-0.13

Shareholdings

Shareholding History

Quarterly

Yearly

Quarterly

	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Promoters	48.15%	48.15%	48.15%	48.15%	48.15%	48.15%	48.15%	48.15%	48.15%	48.15%	48.15%	48.15%
FIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DIIs	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%
Public	51.81%	51.81%	51.81%	51.81%	51.81%	51.81%	51.81%	51.81%	51.81%	51.81%	51.81%	51.81%
Total Shareholders	9,783	9,761	9,707	9,713	9,736	9,749	9,720	9,763	9,805	9,831	9,851	9,839

Market Transactions

Date	Party	Category	Type	Avg Price (₹)	Total Value (₹)	Quantity	Percent Traded
Feb 05, 2025	Millennium stock broking pvt ltd	Bulk	Sell	79.15	0.16 Cr	20,000	0.59
Oct 01, 2024	Ascent finserv	Bulk	Sell	87.19	0.03 Cr	3,035	0.09
Oct 01, 2024	Ascent finserv	Bulk	Buy	89.24	0.21 Cr	23,035	0.69
Aug 14, 2024	Mamtajain	Bulk	Buy	69.16	0.12 Cr	17,000	0.50
Jul 29, 2024	Gunjan goyal	Bulk	Buy	55.20	0.10 Cr	17,409	0.52
Feb 20, 2024	Sandeep kirtikumar gandhi	Insider - Promoter & Director	Acquisition	56.83	0.13 Cr	23,123	0.69
Feb 20, 2024	Kirtikumar shantilal gandhi	Insider - Promoter	Disposal	56.83	0.13 Cr	23,123	0.68
Aug 01, 2023	Kunal kansal	Bulk	Buy	52.98	0.10 Cr	19,227	0.57
Jul 28, 2023	Kailashben ashokkumar patel	Bulk	Buy	44.76	0.13 Cr	29,164	0.87
Dec 30, 2022	Sandeep gandhi	Insider - Promoter & Director	Disposal	12.00	0.71 Cr	5,92,000	17.7

Projection

Actions

Action Type

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Announcements

Last 7 days

Newest

Sentiment

Regulatory Filing

22 hours ago

Closure of Court Case Announced

The court case against Harish Textile Engineers Limited under Section 138 of the Negotiable Instruments Act, 1881 has been closed following its withdrawal by the complainant.

Legal Proceedings

3 days ago

Legal Case Hearing Update

Harish Textile Engineers Limited disclosed an update regarding a legal case hearing set for January 5, 2026, following directives from the NCLT concerning a petition filed by a creditor.

Documents

Presentations

Concalls

Reports

Presentations

No documents found!

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Financial Statements

AI Powered Summary

Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.

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Standalone Quarterly Results (in ₹ Crores)

Total Figures

QoQ Changes

Total Figures

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Sales	28	33	34	36	31	35	33	33	32	35
Expenses	27	31	32	36	30	35	32	30	29	32
Operating Profit	1.49	1.98	2.42	-0.40	1.18	0.15	1.47	2.46	2.69	3.15
OPM %	5.25	6.09	7.05	-1.12	3.84	0.42	4.42	7.52	8.47	8.99
Other Income	0.29	0.11	0.06	1.03	0.11	0.13	0.23	0.10	0.10	0.08
Interest	1.25	1.16	1.77	1.28	0.71	1.22	1.06	0.97	0.85	1.27
Depreciation	0.50	0.52	0.44	0.41	0.41	0.42	0.43	0.42	0.43	0.44
Profit Before Tax	0.02	0.41	0.27	-1.06	0.17	-1.36	0.21	1.17	1.51	1.53
Tax %	-100.00	-26.83	92.59	17.92	35.29	28.68	290.48	-29.91	23.18	33.33
Net Profit	0.04	0.52	0.02	-0.86	0.11	-0.97	-0.39	1.52	1.16	1.02
EPS in Rs	0.12	1.57	0.05	-2.59	0.32	-2.96	-1.17	4.50	3.44	3.08

Standalone Profit Loss (in ₹ Crores)

Total Figures

YoY Changes

Total Figures

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	46	37	38	84	82	107	116	131	132	133
Expenses	38	35	36	84	78	100	110	126	127	126
Operating Profit	7.17	2.02	1.83	0.09	3.44	7.32	6.30	5.43	5.22	6.77
OPM %	15.73	5.43	4.82	0.11	4.20	6.85	5.41	4.14	3.95	5.09
Other Income	0.68	2.06	1.34	4.89	3.88	0.46	1.27	1.54	0.57	0.56
Interest	1.30	1.15	1.05	3.08	3.45	4.90	5.26	5.46	3.96	4.10
Depreciation	0.93	1.17	0.78	2.43	2.10	2.22	2.20	1.87	1.68	1.70
Profit Before Tax	1.19	0.82	1.33	-0.53	1.77	0.66	0.10	-0.36	0.16	1.53
Tax %	30.74	29.91	28.70	-37.12	0.88	26.76	131.53	21.14	-51.25	13.73
Net Profit	0.82	0.58	0.95	-0.73	1.75	0.48	-0.03	-0.28	0.24	1.32
EPS in Rs	—	—	2.60	-1.89	5.26	2.16	5.64	-0.85	0.69	9.85
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—

Standalone Balance Sheet (in ₹ Crores)

Total Figures

YoY Changes

Total Figures

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	0.50	0.50	2.40	3.34	3.34	3.34	3.34	3.34	3.34	3.34
Reserves	0.45	1.27	4.59	4.72	4.00	5.75	6.23	6.20	5.92	5.55
Borrowings	8.73	8.72	8.82	11	23	28	41	40	36	32
Other Liabilities	8.89	26	31	25	42	30	29	28	32	36
Total Liabilities	19	36	46	44	73	68	79	77	78	76
Fixed Assets	5.29	6.75	14	17	26	24	28	26	28	28
CWIP	0.00	2.89	2.93	2.99	0.00	0.48	0.79	1.71	0.00	0.88
Investments	6.02	6.23	6.47	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Assets	7.26	20	23	24	47	44	50	49	50	47
Total Assets	19	36	46	44	73	68	79	77	78	76

Standalone Cash Flows (in ₹ Crores)

Total Figures

YoY Changes

Total Figures

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity	2.43	-3.76	-6.88	1.43	0.55	6.06	11	11
Cash from Investing Activity	-2.70	2.27	-3.33	-0.45	-6.74	-1.78	-1.46	-2.40
Cash from Financing Activity	-0.20	1.75	10	-0.59	7.25	-5.81	-9.32	-8.40
Net Cash Flow	-0.47	0.27	-0.12	0.40	1.07	-1.53	0.10	-0.13

Oscillators

BearishNeutralBullish

Neutral

Bearish

Neutral

Bullish

Overall

BearishNeutralBullish

Bullish

Bearish

Neutral

Bullish

Moving Averages

BearishNeutralBullish

Bullish

Bearish

Neutral

Bullish

Overall

BearishNeutralBullish

Bullish

Bearish

Neutral

Bullish

Peers

Symbol	Price	Market Cap	P/E	P/B	Div Yield (%)	ROE (%)	ROCE (%)	ROA (%)
PWASML	25.38	26 Cr	—	0.54	0.00	-15.36	-3.60	1.60
SKIEL	30.02	22 Cr	—	3.16	0.00	29.35	29.49	29.05
HARISH	64.95	22 Cr	6.55	1.96	0.00	29.89	20.01	4.20
GAJANAND	11.00	21 Cr	57.89	0.56	0.00	-1.85	-0.50	-1.43
SUPRATRE	14.47	20 Cr	—	1.81	0.00	-12.66	-7.81	-7.36
BHATEXT	31.63	19 Cr	—	9.74	0.00	-1.07	4.30	-0.12
UNIROYAL	20.40	17 Cr	—	0.89	0.00	-2.81	3.93	-1.20

Overview

Detailed Summary

Harish Textile Engineers Limited specializes in manufacturing textile machinery and producing non-woven fabrics and polyester staple fibers.

The company integrates sustainability by recycling PET bottles into polyester staple fibers, highlighting its green business focus.

Harish Textile Engineers possesses significant manufacturing infrastructure across multiple facilities in Gujarat and Nashik, supporting diverse product offerings.

The company's technical and design expertise allows for diversification beyond textile applications, emphasizing a versatile operational approach.

Sector

Textiles

Industry

Textiles - Others

Market Cap

22 Cr

Volatility

Moderate Risk

P/E Ratio

6.6

Industry P/E

25.9

PEG Ratio

0.0

P/B Ratio

2.0

52W High

97.00

52W Low

52.40

Sales CAGR

0.76%

7.30%

9.56%

10Y

19.55%

Profit CAGR

164.86%

-21.28%

—

10Y

—

ROE

TTM

29.89%

-0.63%

4.52%

10Y

4.27%

ROCE

TTM

20.01%

28.55%

26.04%

10Y

21.78%