Harsha Engineers International Limited has informed the Exchange regarding Outcome of Board Meeting held on May 07, 2026.
HARSHA · price
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Harsha Engineers International Limited reported strong audited standalone financial results for FY26 ended March 31, 2026. Full-year revenue from operations grew to Rs 1,22,820 lakhs from Rs 1,08,930 lakhs in FY25, a growth of about 13%. Profit After Tax surged to Rs 17,680 lakhs compared to Rs 3,536 lakhs in the previous year (including Rs 9,501 lakhs exceptional item in FY25). Basic EPS stood at Rs 19.42 versus Rs 3.88 in FY25. The Board recommended a final dividend of Rs 1.5 per equity share (15%) subject to shareholder approval at the 16th AGM on July 23, 2026. Additionally, the Board approved a new Employee Stock Option Plan 2026 with a pool of 18,00,000 options and proposed changing statutory auditors from Pankaj R. Shah & Associates to Mukesh M. Shah & Co.
The company delivered exceptional profit growth driven by improved segment performance and absence of one-time impairments seen last year. The ESOP scheme and dividend recommendation signal management confidence and shareholder-friendly approach, which could positively influence investor sentiment.