Harsha Engineers International Limited — PPTs, 06-08-2025: Investor Presentation

Here's the summary for Harsha Engineers International Limited:

**1. Financial Highlights:**

Q1 FY26 consolidated revenue was **₹365.29 Cr** (up from **₹343.16 Cr** year-over-year). EBITDA hit **₹66.16 Cr** (18.1% margin); PAT **₹37.93 Cr** (10.4% margin). Working capital saw improvements. Most IPO funds are deployed for debt reduction and capital expenditure.

**2. Strategic Initiatives & Growth Drivers:**

The new Bhayla Plant Phase-1 is now commercial. Exports from India hint at demand revival in Europe and China. The Bronze Bushing segment secured a new multinational customer contract worth **₹117 Cr** annually. Focus includes EV sector expansion and market leadership.

**3. Business Developments:**

Harsha Romania's 18% top-line growth signals European demand recovery; Harsha China also grew. Foreign subsidiaries faced losses, mainly from Romania's negative EBITDA. The Solar business remained stable with positive EBITDA and PAT.

**4. Market Position & Competitive Advantage:**

India's largest precision bearing cage manufacturer, Harsha Engineers holds 50-60% domestic and 6.5% global organized market share. It supplies to the top 6 global bearing manufacturers. In-house tooling, design, and automation is a key competitive edge.

**5. Investor Implications:**

New capacity and rising exports suggest positive growth potential. The new bronze bushing contract is a significant positive. Investors should monitor successful facility scaling and international operations' profitability.