H

Harsha Engineers International Ltd
NSE:HARSHA

Watchlist Manager
Harsha Engineers International Ltd
NSE:HARSHA
Watchlist
Price: 387.7 INR -1.64% Market Closed
Market Cap: ₹35.3B

EV/EBITDA

19.9
Current
1%
Cheaper
vs 3-y average of 20.1

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
19.9
=
Enterprise Value
₹32.2B
/
EBITDA
₹1.7B

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
19.9
=
Enterprise Value
₹32.2B
/
EBITDA
₹1.7B

Valuation Scenarios

Harsha Engineers International Ltd is trading below its 3-year average

If EV/EBITDA returns to its 3-Year Average (20.1), the stock would be worth ₹390.02 (1% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-11%
Maximum Upside
+6%
Average Downside
1%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 19.9 ₹387.7
0%
3-Year Average 20.1 ₹390.02
+1%
5-Year Average 20 ₹388.47
+0%
Industry Average 21.1 ₹409.35
+6%
Country Average 17.7 ₹343.37
-11%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
₹32.2B
/
Jan 2026
₹1.7B
=
19.9
Current
₹32.2B
/
Mar 2026
₹2.2B
=
14.4
Forward
₹32.2B
/
Mar 2027
₹2.6B
=
12.3
Forward
₹32.2B
/
Mar 2028
₹3B
=
10.8
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close

Market Distribution

In line with most companies in India
Percentile
56th
Based on 2 785 companies
56th percentile
19.9
Low
0.4 — 11.9
Typical Range
11.9 — 27.8
High
27.8 —
Distribution Statistics
India
Min 0.4
30th Percentile 11.9
Median 17.7
70th Percentile 27.8
Max 47 834.4

Harsha Engineers International Ltd
Glance View

Market Cap
35.3B INR
Industry
Machinery

Harsha Engineers International Ltd. engages in the manufacture of precision bearing cages. The company is headquartered in Ahmedabad, Gujarat. The company went IPO on 2022-09-26. The firm offers a diversified suite of precision engineering products across geographies and industries. Its business comprises of engineering and solar EPC business. Its engineering business manufactures and sells bearing cages to customers who primarily operate in the automotive, aviation and aerospace, railways, construction, mining, renewable energy, agriculture and other industrial sectors. The company manufactures a range of brass, steel and polyamide bearing cages, stamping components and bronze bushings. Its production facilities for the engineering business are located in India, China and Romania. Its solar EPC business provides complete comprehensive turnkey solutions to all solar photovoltaic requirements. The company is classified into ground mount projects; roof top projects; and operations and maintenance of ground mount and rooftop projects.

HARSHA Intrinsic Value
344.77 INR
Overvaluation 11%
Intrinsic Value
Price ₹387.7
H
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett