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HARSHABSEHarsha Engineers International Ltd· Industrial ProductsHighNeutral
Announced Thu, 7 May, 2026 · 13:09 IST

Audited Financial Results for quarter and year ended 31st March 2026

Pat Growth 25pctEbitda Margin ExpansionExceptional ItemResults View source PDFExplain this filing

HARSHA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+12.0%Reaction day
₹392.65
prior close
₹447.75
announcement price
In-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+1.6%+10.4% vs market
Other Industrial Products peers, median of 26sector-0.4%+12.4% vs sector

On the reaction day the stock moved 10.4 pts more than Nifty Microcap 250 and 12.4 pts more than its Other Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
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30m
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Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+12.0+1.6+10.4-0.4+12.4
Next day
+8.7+1.5+7.3+0.3+8.4
2d
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+1.9-2.1+4.0-3.8+5.7
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15d
+1.2-0.0+1.3-4.7+5.9
1m
+1.9-1.0+2.8-10.1+12.0
2m
+11.3+6.5+4.8-6.5+17.8
3m
+8.7+10.2-1.4-7.6+16.4
UpDownMarket · Nifty Microcap 250Sector · Other Industrial Products peers, median of 26Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Harsha Engineers reported strong annual results with revenue from operations growing 12.7% to Rs 1,22,820 lakhs (vs Rs 1,08,930 lakhs prior year). Profit after tax surged to Rs 17,680 lakhs vs Rs 3,536 lakhs in the prior year, boosted by the absence of exceptional items (prior year had Rs 9,501 lakhs impairment charge for subsidiary). EBITDA grew to Rs 26,960 lakhs from Rs 11,294 lakhs, indicating significant margin expansion. The Board recommended a final dividend of Rs 1.5 per share (15%) subject to shareholder approval. Statutory auditors issued an unmodified opinion on both standalone and consolidated results. The company also announced appointment of new statutory auditor M/s Mukesh M. Shah & Co for 5 years.

Likely market impact

The company showed strong recovery with PAT growth exceeding 400% year-on-year (adjusted for prior year exceptional items) and robust EBITDA margin expansion, indicating operational efficiency improvements. The positive results and dividend announcement are shareholder-friendly.