Audited Financial Results for quarter and year ended 31st March 2026
HARSHA · price
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Harsha Engineers reported standalone revenue of Rs 1,22,820 lakhs for FY26, up 12.7% from Rs 1,08,930 lakhs in FY25. Profit after tax surged to Rs 17,680 lakhs from Rs 3,536 lakhs (excluding FY25 exceptional item of Rs 9,501 lakhs impairment). Q4 standalone PAT was Rs 5,317 lakhs. Basic EPS improved to Rs 19.42 from Rs 3.88. EBITDA margin expanded significantly from ~10% to ~21.3% year-on-year. The Board recommended a final dividend of Rs 1.5 per share (15%). Statutory auditors issued unmodified opinions on both standalone and consolidated results. The company also announced appointment of new statutory auditor M/s Mukesh M. Shah & Co and approval of ESOP 2026 scheme with 18 lakh options.
Strong operational performance with margin expansion and multi-fold PAT growth, driven by robust Engineering segment and turnaround in Solar-EPC. The clean audit opinion and improving cash flows are positive for investors. The dividend and ESOP scheme add to shareholder returns and employee alignment.