Harish Textile

  • Market Cap: Micro Cap
  • Industry: Industrial Manufacturing
  • ISIN: INE01K301012
  • NSEID:
  • BSEID: 542682
INR
67.89
1.89 (2.86%)
BSENSE

Oct 09

BSE+NSE Vol: 445

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Comparison
Company
Score
Quality
Valuation
Financial
Technical
Harish Textile
Arigato Universe
Iykot Hitech
Trans India
Miven Mach. Tool
Harshil Agrotech
Veejay Lak. Eng.
Thakral Services
Polymechplast Ma
Benara Bearings
Arrowhead Sepera
Why is Harish Textile Engineers Ltd ?
1
High Debt company with Weak Long Term Fundamental Strength
  • Poor long term growth as Net Sales has grown by an annual rate of 14.21% over the last 5 years
  • High Debt Company with a Debt to Equity ratio (avg) at 3.94 times
  • The company has been able to generate a Return on Capital Employed (avg) of 9.84% signifying low profitability per unit of total capital (equity and debt)
2
Underperformed the market in the last 1 year
  • Even though the market (BSE500) has generated returns of 2.37% in the last 1 year, the stock has hugely underperformed and has generate negative returns of -30.25% returns
stock-recommendationReal-Time Research Report
Verdict Report
How much should you sell?
  1. All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Industrial Manufacturing)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Harish Textile for you?

High Risk, Low Return

Absolute
Risk Adjusted
Volatility
Harish Textile
11.26%
-0.48
63.19%
Sensex
-11.8%
0.44
11.83%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors
Factor
Value
Sales Growth (5y)
8.58%
EBIT Growth (5y)
27.73%
EBIT to Interest (avg)
1.25
Debt to EBITDA (avg)
6.00
Net Debt to Equity (avg)
2.03
Sales to Capital Employed (avg)
2.70
Tax Ratio
26.26%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.05%
ROCE (avg)
10.98%
ROE (avg)
9.72%
stock-recommendationValuation
Valuation Scorecard stock-summary
stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary
Factor
Value
P/E Ratio
4
Industry P/E
54
Price to Book Value
1.52
EV to EBIT
4.58
EV to EBITDA
3.97
EV to Capital Employed
1.17
EV to Sales
0.35
PEG Ratio
0.01
Dividend Yield
NA
ROCE (Latest)
25.03%
ROE (Latest)
36.57%
Loading Valuation Snapshot...
stock-recommendationTechnicals
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Sideways
Sideways
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bearish
No Trend
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend
Financial Trend Scorecard stock-summary
stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

12What is working for the Company
ROCE(HY)

Highest at 25.31%

NET SALES(Q)

Highest at Rs 39.44 cr

PAT(9M)

Higher at Rs 4.26 Cr

-2What is not working for the Company
PBT LESS OI(Q)

Lowest at Rs 1.24 cr.

EPS(Q)

Lowest at Rs 2.69

Loading Valuation Snapshot...
Here's what is working for Harish Textile
Profit After Tax (PAT) - Nine Monthly
At Rs 4.26 cr has Grown at 86.03%
Year on Year (YoY)
MOJO Watch
PAT trend is very positive

PAT (Rs Cr)

Net Sales - Quarterly
Highest at Rs 39.44 cr and Grown
each quarter in the last five quarters
MOJO Watch
Near term sales trend is very positive

Net Sales (Rs Cr)

Profit After Tax (PAT) - Nine Monthly
Higher at Rs 4.26 Cr
than preceding 12 month period ended Jun 2026 of Rs 3.31 cr
MOJO Watch
In the nine month period the company has already crossed sales of the previous twelve months

PAT (Rs Cr)

Here's what is not working for Harish Textile
Profit Before Tax less Other Income (PBT) - Quarterly
Lowest at Rs 1.24 cr.
in the last five quarters
MOJO Watch
Near term PBT trend is negative

PBT less Other Income (Rs Cr)

Earnings per Share (EPS) - Quarterly
Lowest at Rs 2.69
in the last five quarters
MOJO Watch
Declining profitability; company has created lower earnings for shareholders

EPS (Rs)