Harsha Engineers International enterprise value

Share price at each year-end

Tap a line for its trend	Currentlast 12M	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023


3,859	—	—	—	—
279	279	258	211	223
371	371	199	177	182
3,951	—	—	—	—
91.7	91.7	−59.1	−34.4	−41.3
₹433.97	—	—	—	—

1,773	1,773	1,453	1,352	1,254
20.9%	20.9%	13.7%	13.1%	14.5%
0.09×	—	—	—	—

2.30×	—	—	—	—
15.70×	—	—	—	—
19.58×	—	—	—	—
1,719	1,627	1,408	1,392	1,364
252	240	175	171	189
202	193	134	132	153
—	68.5	206	136	133
−51.5	−51.5	−3.0	61.3	56.3
—	−56.1	−6.0	58.5	52.1
—	120	209	74.5	76.4

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

alphave

HARSHA₹423.90

Harsha Engineers International Limited

· Capital Goods & Defence

₹ CrorePeersADOR ESABINDIA DIFFNKG MALLCOM DELTAMAGNT WHBRADYMcap ₹3,859 Cr

HighlightsEnterprise Value Multiples Per ShareAnnuals · FY-end closes

In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Current/LTM TTM · last close
Market Capitalization	—	—	—	—	3,859.2
- Cash, Equiv & ST Investments	223.5	211.1	257.6	279.2	279.2
+ Total Debt	182.2	176.7	198.5	370.8	370.8
Enterprise Value	—	—	—	—	3,950.8
Net Debt (memo)	-41.3	-34.4	-59.1	91.7	91.7
EV per Share	—	—	—	—	433.97

Total Capital	1,254.0	1,352.0	1,452.7	1,772.5	1,772.5
Total Debt/Total Capital	14.53	13.07	13.67	20.92	20.92
Total Debt/EV	—	—	—	—	0.09

EV/Sales	—	—	—	—	2.30
EV/EBITDA	—	—	—	—	15.70
EV/EBIT	—	—	—	—	19.58
Reference Items — Trailing FY Values
Sales	1,364.0	1,392.3	1,407.7	1,626.8	1,718.9
EBITDA	189.3	171.4	174.9	239.7	251.7
EBIT	153.2	132.0	134.4	193.0	201.8
Operating Cash Flow	132.7	135.8	206.3	68.5	—
Free Cash Flow	56.3	61.3	-3.0	-51.5	-51.5
FCFF (free cash flow to the firm)	52.1	58.5	-6.0	-56.1	—
Capital Expenditure	76.4	74.5	209.3	120.0	—

Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). 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%.