HARSHA.NS
Price:
$402.5
Market Cap:
$36.65B
Harsha Engineers International Limited, headquartered in Ahmedabad, India, specializes in the manufacturing and worldwide distribution of industrial components. The company produces a variety of precision bearing cages, crafted from materials such as brass, steel, and polyamide, including cylindrical, spherical, deep groove, angular contact, thrust, and tapered roller designs. Additionally, it supplies stamped components crucial for diverse industries like automotive, bearing and sealing, and electrical and appliance manufacturing. Established in 1972, the firm adopted its current name in January 2022, having previously operated as Harsha Engineers International Private Limited.
Industry
Manufacturing - Tools & Accessories
IPO Date
2022-09-26
Stock Exchange
NSE
Ticker
HARSHA.NS
According to Harsha Engineers International Limited’s latest financial reports and current stock price. The company's current Current Ratio is 2.60. This represents a change of 83.81% compared to the average of 1.41 of the last 4 quarters.
The mean historical Current Ratio of Harsha Engineers International Limited over the last ten years is 1.98. The current 2.60 Current Ratio has changed 13.01% with respect to the historical average. Over the past ten years (40 quarters), HARSHA.NS's Current Ratio was at its highest in in the September 2022 quarter at 3.34. The Current Ratio was at its lowest in in the June 2021 quarter at 0.
Average
1.98
Median
1.54
Minimum
1.12
Maximum
3.21
Discovering the peaks and valleys of Harsha Engineers International Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 77.15%
Maximum Annual Current Ratio = 3.21
Minimum Annual Increase = -19.04%
Minimum Annual Current Ratio = 1.12
| Year | Current Ratio | Change |
|---|---|---|
| 2026 | 2.60 | -19.04% |
| 2025 | 3.21 | 10.08% |
| 2024 | 2.91 | 0.34% |
| 2023 | 2.90 | 77.15% |
| 2022 | 1.64 | 14.55% |
| 2021 | 1.43 | 9.69% |
| 2020 | 1.30 | 16.68% |
| 2019 | 1.12 | -16.55% |
| 2018 | 1.34 | -1.15% |
| 2017 | 1.36 | 5.16% |
The current Current Ratio of Harsha Engineers International Limited (HARSHA.NS) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
2.91
5-year avg
2.65
10-year avg
1.98
Harsha Engineers International Limited’s Current Ratio is greater than Interarch Building Products Ltd. (1.95), less than Shanthi Gears Limited (3.71), less than Shanthi Gears Limited (3.71), greater than Pennar Industries Limited (1.13), greater than Pennar Industries Limited (1.13), greater than Pitti Engineering Limited (1.40), greater than Pitti Engineering Limited (1.40), less than Kennametal India Limited (3.23), greater than Jain Irrigation Systems Limited (1.16), greater than Sanghvi Movers Limited (1.77),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.95 | $30.07B | |
| 3.71 | $33.85B | |
| 3.71 | $33.98B | |
| 1.13 | $20.87B | |
| 1.13 | $20.92B | |
| 1.40 | $36.66B | |
| 1.40 | $36.82B | |
| 3.23 | $61.05B | |
| 1.16 | $30.28B | |
| 1.77 | $33.59B |
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