Harsha Engineers International cash flow

Latest FY26

Cash from operations: ₹68.5cr−66.8% on FY25
Capital spending: ₹120cr−42.7% on FY25
Free cash flow: −₹51.5cr−₹3.0 cr in FY25
Cash from financing: ₹146cr+2,376.0% on FY25

₹ crore except per share

Tap a line for its trend	Last 12Mto Jun 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023

Adjustments to reconcile profit — non-cash items
	—	46.7	40.5	39.3	36.1
	—	16.3	8.8	10.8	15.8
	—	−12.1	−13.2	−14.8	−7.4
	—	−15.0	−14.6	−11.2	−4.4
	—	−0.6	53.2	−0.9	−3.2
Changes in working capital
	—	−60.1	19.8	23.2	−1.2
	—	−75.3	−8.8	−38.7	5.2
	—	−30.1	8.5	−6.6	30.1
	—	0.8	3.6	−3.9	6.8
	—	36.1	13.8	15.5	−64.1
	—	13.7	1.6	7.1	10.8
	—	0.4	1.6	−1.1	−6.5
	—	−6.4	−2.6	3.2	−14.9
Cash from operating activities
	215	215	136	151	167
	—	−86.2	112	21.6	3.0
	—	129	248	172	170
	—	60.6	41.2	36.6	37.5
	—	68.5	206	136	133
Cash from investing activities
	—	120	209	74.5	76.4
	—	4.3	0.7	0.5	0.0
	—	94.0	0.0	85.1	237
	—	0.0	0.3	0.0	0.0
	—	0.5	0.0	0.3	0.0
	—	0.0	0.0	0.0	0.0
	—	0.0	−17.0	−13.8	−2.5
	—	12.1	13.2	14.8	7.4
	—	0.0	0.3	0.0	0.2
	—	−197	−212	−158	−308
Cash from financing activities
	—	0.0	0.0	−0.0	434
	—	172	92.1	1.3	0.0
	—	0.2	68.3	6.8	203
	—	16.3	8.8	10.8	15.8
	—	9.1	9.1	9.1	0.0
	—	0.0	0.0	−0.0	0.5
	—	146	5.9	−25.4	216
	—	17.6	0.5	−47.4	41.0
	—	17.6	0.5	−47.4	41.0
	—	—	—	15.0	62.4
Reference items
	252	240	175	171	189
	14.6%	14.7%	12.4%	12.3%	13.9%
	−51.5	−51.5	−3.0	61.3	56.3
	—	105	10.1	45.0	—
	−₹5.66	−₹5.66	−₹0.33	₹6.73	₹6.18
	—	0.44×	2.31×	1.22×	1.08×
	—	60.6	41.2	36.6	37.5
	—	16.3	8.8	10.8	15.8

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

HARSHA₹404.70

Harsha Engineers International Limited

· Capital Goods & Defence

₹ CrorePeersADOR ESABINDIA DIFFNKG MALLCOM DELTAMAGNT WHBRADYMcap ₹3,684 Cr

View

In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/06/2026
Adjustments to Reconcile Profit — Non-cash Items
+ Depreciation & Amortisation	36.1	39.3	40.5	46.7	—
+ Finance Costs	15.8	10.8	8.8	16.3	—
+ Interest Income	-7.4	-14.8	-13.2	-12.1	—
+ Fair Value (Gains) / Losses	-4.4	-11.2	-14.6	-15.0	—
+ Other Non-cash Items	-3.2	-0.9	53.2	-0.6	—
Changes in Working Capital
+ Inventories	-1.2	23.2	19.8	-60.1	—
+ Trade Receivables — Current	5.2	-38.7	-8.8	-75.3	—
+ Other Current Assets	30.1	-6.6	8.5	-30.1	—
+ Other Non-current Assets	6.8	-3.9	3.6	0.8	—
+ Trade Payables — Current	-64.1	15.5	13.8	36.1	—
+ Other Financial Liabilities — Current	10.8	7.1	1.6	13.7	—
+ Other Current Liabilities	-6.5	-1.1	1.6	0.4	—
+ Provisions — Current	-14.9	3.2	-2.6	-6.4	—
Cash from Operating Activities
Profit Before Tax (per I/S)	167.1	150.8	135.7	215.3	215.2
+ Total Adjustments (incl. Working Capital)	3.0	21.6	111.9	-86.2	—
Cash from Operations (pre-tax)	170.1	172.4	247.5	129.1	—
+ Income Taxes Paid	37.5	36.6	41.2	60.6	—
Cash from Operating Activities	132.7	135.8	206.3	68.5	—
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	76.4	74.5	209.3	120.0	—
+ Disp of Fixed Assets	0.0	0.5	0.7	4.3	—
+ Acq of Investment Property	236.6	85.1	0.0	94.0	—
+ Disp of Investment Property	0.0	0.0	0.3	0.0	—
+ Share of Profits — Partnership Firms / LLPs	0.0	0.3	0.0	0.5	—
+ Loans & Advances Made	0.0	0.0	0.0	0.0	—
+ Loans & Advances Repaid	-2.5	-13.8	-17.0	0.0	—
+ Interest Received — Investing	7.4	14.8	13.2	12.1	—
+ Other Inflows / (Outflows) — Investing	0.2	0.0	0.3	0.0	—
Cash from Investing Activities	-307.9	-157.8	-211.8	-197.2	—
Cash from Financing Activities
+ Proceeds from Issue of Shares	434.3	-0.0	0.0	0.0	—
+ Proceeds from Borrowings	0.0	1.3	92.1	171.9	—
+ Repayment of Borrowings	202.7	6.8	68.3	0.2	—
+ Interest Paid	15.8	10.8	8.8	16.3	—
+ Dividends Paid	0.0	9.1	9.1	9.1	—
+ Other Inflows / (Outflows) — Financing	0.5	-0.0	0.0	0.0	—
Cash from Financing Activities	216.3	-25.4	5.9	146.3	—
Net Changes in Cash (pre-FX)	41.0	-47.4	0.5	17.6	—
Net Changes in Cash	41.0	-47.4	0.5	17.6	—
Closing Cash	62.4	15.0	—	—	—
Reference Items
EBITDA	189.3	171.4	174.9	239.7	251.7
EBITDA Margin %	13.88	12.31	12.43	14.73	14.64
Free Cash Flow (CFO − Capex)	56.3	61.3	-3.0	-51.5	-51.5
Free Cash Flow to Equity	—	45.0	10.1	104.5	—
Free Cash Flow per Basic Share	6.18	6.73	-0.33	-5.66	-5.66
Cash Flow to Net Income	1.08	1.22	2.31	0.44	—
Cash Paid for Taxes	37.5	36.6	41.2	60.6	—
Cash Paid for Interest	15.8	10.8	8.8	16.3	—

As filed, sign as filed: a payment tagged as a positive magnitude in the filing stays positive here, so read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown — depth follows the filer, so a thin statement means a thin filing. Total Adjustments is the filer's own grand total of the reconciliation and spans BOTH the non-cash items and the working-capital block; Profit Before Tax plus it equals Cash from Operations (pre-tax). It can be reported when its components are not, so it is never a sum of the rows above it. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.