Harish Textile

  • Market Cap: Micro Cap
  • Industry: Industrial Manufacturing
  • ISIN: INE01K301012
  • NSEID:
  • BSEID: 542682
INR
63.60
-5.4 (-7.83%)
BSENSE

Apr 02

BSE+NSE Vol: 1372

  • 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
Iykot Hitech
Thakral Services
Hawa Engineers
Pan Electronics
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Miven Mach. Tool
Lippi Systems
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Faalcon Concepts
Envair Electrody
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 hold?
  1. Overall Portfolio exposure to Harish Textile should be less than 10%
  2. Overall Portfolio exposure to Industrial Manufacturing should be less than 30%

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

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Harish Textile for you?

High Risk, Low Return

Absolute
Risk Adjusted
Volatility
Harish Textile
-11.05%
-0.48
63.19%
Sensex
-4.3%
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)
13.92%
EBIT Growth (5y)
55.42%
EBIT to Interest (avg)
0.99
Debt to EBITDA (avg)
6.58
Net Debt to Equity (avg)
2.81
Sales to Capital Employed (avg)
2.61
Tax Ratio
20.70%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.05%
ROCE (avg)
8.84%
ROE (avg)
13.90%
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
65
Price to Book Value
1.92
EV to EBIT
5.14
EV to EBITDA
4.39
EV to Capital Employed
1.24
EV to Sales
0.39
PEG Ratio
0.01
Dividend Yield
NA
ROCE (Latest)
19.08%
ROE (Latest)
47.06%
Loading Valuation Snapshot...
stock-recommendationTechnicals
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Sideways
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bearish
Dow Theory
No Trend
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

23What is working for the Company
PAT(Latest six months)

Higher at Rs 2.53 cr

ROCE(HY)

Highest at 20.04%

PBDIT(Q)

Highest at Rs 3.61 cr.

OPERATING PROFIT TO NET SALES(Q)

Highest at 10.21%

PBT LESS OI(Q)

Highest at Rs 2.30 cr.

NET SALES(Q)

Highest at Rs 35.35 cr

-1What is not working for the Company
DEBTORS TURNOVER RATIO(HY)

Lowest at 4.60 times

Loading Valuation Snapshot...
Here's what is working for Harish Textile
Profit After Tax (PAT) - Latest six months
At Rs 2.53 cr has Grown at 286.03%
Year on Year (YoY)
MOJO Watch
PAT trend is very positive

PAT (Rs Cr)

Operating Profit (PBDIT) - Quarterly
Highest at Rs 3.61 cr. and Grown
each quarter in the last five quarters
MOJO Watch
Near term Operating Profit trend is quite positive

Operating Profit (Rs Cr)

Operating Profit Margin - Quarterly
Highest at 10.21% and Grown
each quarter in the last five quarters
MOJO Watch
Company's efficiency has improved

Operating Profit to Sales

Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 2.30 cr. and Grown
each quarter in the last five quarters
MOJO Watch
Near term PBT trend is very positive

PBT less Other Income (Rs Cr)

Profit After Tax (PAT) - Latest six months
Higher at Rs 2.53 cr
than preceding 12 month period ended Dec 2025 of Rs 1.32 cr
MOJO Watch
In the half year the company has already crossed PAT of the previous twelve months

PAT (Rs Cr)

Net Sales - Quarterly
Highest at Rs 35.35 cr
in the last five quarters
MOJO Watch
Near term sales trend is positive

Net Sales (Rs Cr)

Here's what is not working for Harish Textile
Debtors Turnover Ratio- Half Yearly
Lowest at 4.60 times
in the last five half yearly periods
MOJO Watch
Company's pace of settling its Debtors has slowed

Debtors Turnover Ratio