Harsha Engineers Q2 FY27 investor presentation: consolidated revenue up 16.3% YoY, PAT Rs. 4,503 lakhs
Q2 FY27 consolidated revenue from operations up 16.3% to Rs. 44,009 lakhs; PAT Rs. 4,503 lakhs, EBITDA margin 18.6% vs 16.9%.
By ScoutQuest · · 1 min read
- Consolidated revenue from operations
- Rs. 44,009 lakhs, up 16.3% YoY (Q2 FY26: Rs. 37,834 lakhs)
- Profit after tax
- Rs. 4,503 lakhs versus Rs. 3,644 lakhs
- EBITDA margin
- 18.6% vs 16.9%
- Period
- Q2 FY27 and H1 FY27
- Positioning
- The presentation calls Harsha the largest manufacturer of precision bearing cages in India, with 50-60% domestic market share and 6.5% of the global organised bearing cage market.
🌍 Q2 FY27 consolidated revenue from operations was Rs. 44,009 lakhs against Rs. 37,834 lakhs a year earlier, which the presentation puts at 16.3% YoY growth; EBITDA was Rs. 8,185 lakhs with margin at 18.6% versus 16.9%, and profit after tax Rs. 4,503 lakhs versus Rs. 3,644 lakhs. The company also reports a 3.8% quarter-on-quarter revenue de-growth that it attributes to the solar business and international subsidiaries.
📉 Engineering & Others consolidated revenue was Rs. 42,817 lakhs (Q2 FY26: Rs. 36,312 lakhs) and India engineering Rs. 32,997 lakhs, a 24.1% YoY rise the company attributes to demand across key segments, raw material pass-through and lower losses at Harsha Advantek. Solar EPC & O&M revenue fell to Rs. 1,192 lakhs from Rs. 1,522 lakhs a year earlier.
📉 Management states Harsha Advantek, which lost Rs. 3 crores in Q2 FY27, is expected to turn PAT positive in H2 on expected sales growth, and that the combined foreign-subsidiary loss (around Rs. 1.70 crores in Q2 and around Rs. 5 crores in H1) is targeted at a low single-digit number for the full year via downsizing of Harsha Romania.
🏭 The presentation says Bushings sales of Rs. 42 crores in Q2 and Rs. 76 crores in H1 are on track for its approx. 30% full-year growth target, Stampings sales rose 109% in Q2 and sales to Japan-based customers about 30%, and consolidated capex of Rs. 72 crores was incurred in H1 FY27. On working capital, receivables improved to 79 days from 84 days, while raw material inventory days rose to 23 from 18.
Also from Harsha Engineers International
Board approves September 2026 quarter and half year results; auditors' review conclusion unmodified
3 Nov 2026
Harsha Engineers to host Q2 FY27 analysts and investors conference call on November 4, 2026 at 4:00 PM IST
26 Oct 2026
Board meeting on November 3, 2026 to approve September quarter and half year results
17 Oct 2026
More numbers
- Revenue from operations, Q2 FY27, consolidated44,009 (₹ in Lakhs)
- EBITDA, Q2 FY27, consolidated8,185 (₹ in Lakhs)
- Profit after taxation, Q2 FY27, consolidated4,503 (₹ in Lakhs)
- Revenue from operations, Q2 FY26, consolidated37,834 (₹ in Lakhs)
- Profit after taxation, Q2 FY26, consolidated3,644 (₹ in Lakhs)
- EBITDA margin, Q2 FY27, consolidated18.6%
- Revenue from operations, Engineering & Others - India, Q2 FY2732,997 (₹ in Lakhs)
- Bushings sales, Q2 FY27Rs. 42 crores
- Capex, H1 FY27, consolidatedRs. 72 crores
- Receivables, no. of days, H1 FY2779
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