HARSHA.NS
Price:
$372.8
Market Cap:
$33.94B
Harsha Engineers International Limited manufactures and sells brass cages, steel cages, polyamide precision bearing cages, and stamped components in India and internationally. The company offers cylindrical roller, spherical roller, deep grove, angular contact, thrust roller, and taper roller cages. Its stamped components are used in automotive, bearing and sealing, and electrical and appliance industry. The company was formerly known as Harsha Engineers International Private Limited and changed its name to Harsha Engineers International Limited in January 2022. The company was founded in 1972 and is based in Ahmedabad, India.
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 3.05. This represents a change of 95.11% compared to the average of 1.57 of the last 4 quarters.
The mean historical Current Ratio of Harsha Engineers International Limited over the last ten years is 1.85. The current 3.05 Current Ratio has changed 16.41% 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
1.85
Median
1.39
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 = -16.55%
Minimum Annual Current Ratio = 1.12
| Year | Current Ratio | Change |
|---|---|---|
| 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% |
| 2016 | 1.29 | 6.93% |
The current Current Ratio of Harsha Engineers International Limited (HARSHA.NS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
3.01
5-year avg
2.42
10-year avg
1.85
Harsha Engineers International Limited’s Current Ratio is greater than Interarch Building Products Ltd. (1.91), less than Shanthi Gears Limited (4.24), less than Shanthi Gears Limited (4.24), greater than Pennar Industries Limited (0), greater than Pennar Industries Limited (0), greater than Pitti Engineering Limited (0), greater than Pitti Engineering Limited (0), less than Kennametal India Limited (3.07), greater than Jain Irrigation Systems Limited (1.26), greater than Sanghvi Movers Limited (1.72),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.91 | $39.24B | |
| 4.24 | $36.06B | |
| 4.24 | $36.06B | |
| 0 | $27.91B | |
| 0 | $27.91B | |
| 0 | $29.83B | |
| 0 | $29.87B | |
| 3.07 | $47.77B | |
| 1.26 | $36.66B | |
| 1.72 | $26.13B |
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