Harsha Engineers International (NSE:HARSHA) Debt-to-Equity: N/A (As of Jun. 2026)

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NSE:HARSHA Harsha Engineers International Ltd NSE:HARSHA
84 GF Score
Price ₹438.85
GF Value ₹513.40
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Harsha Engineers International Debt-to-Equity?

Harsha Engineers International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Harsha Engineers International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Harsha Engineers International's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₹0 Mil.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Harsha Engineers International's Debt-to-Equity or its related term are showing as below:

NSE:HARSHA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15   Med: 0.17   Max: 1.13
Current: 0.27

During the past 7 years, the highest Debt-to-Equity Ratio of Harsha Engineers International was 1.13. The lowest was 0.15. And the median was 0.17.

NSE:HARSHA's Debt-to-Equity is ranked better than
52.64% of 2688 companies
in the Industrial Products industry
Industry Median: 0.29 vs NSE:HARSHA: 0.27

Harsha Engineers International  (NSE:HARSHA) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Harsha Engineers International Debt-to-Equity Related Terms

Harsha Engineers International Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Harsha Engineers International's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Harsha Engineers International Debt-to-Equity Chart

Harsha Engineers International Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial 0.74 0.17 0.15 0.16 0.27

Harsha Engineers International Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 0.24 N/A 0.27 N/A

NSE:HARSHA vs SNA, RBC, SWK: Debt-to-Equity Comparison

For the Tools & Accessories subindustry, Harsha Engineers International's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Harsha Engineers International Debt-to-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Harsha Engineers International's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Harsha Engineers International's Debt-to-Equity falls into.


NSE:HARSHA
84GF Score
Harsha Engineers International Ltd NSE:HARSHA
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Harsha Engineers International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Harsha Engineers International's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(1703.3 + 2018.3) / 14016.9
=0.27

Harsha Engineers International's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 0) / 0
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Is Harsha Engineers International (NSE:HARSHA) Overvalued in 2026?

Based on GuruFocus' analysis, Harsha Engineers International stock appears to be undervalued. The current stock price of ₹438.85 is trading 14.5% below its estimated GF Value™ of ₹513.40. GuruFocus considers Harsha Engineers International to be Modestly Undervalued.

Key valuation signals for NSE:HARSHA:

  • Debt-to-Equity: N/A
  • GF Value™: ₹513.40 vs. price of ₹438.85 (14.5% below fair value)
  • GF Score™: 84/100 with 5 warning signs

No single metric tells the full story. See the NSE:HARSHA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Harsha Engineers International Business Description

Other Exchanges 543600:India
Address NH-8A,Sarkhej-Bavla Highway, Changodar, Ahmedabad, GJ, IND, 382213
Harsha Engineers International Ltd is a manufacturer of precision bearing cages. The company supplies its products to customers covering five continents such as North America, Europe, Asia, South America, and Africa. It comprises two segments: Engineering business, under which the company manufactures bearing cages (in brass, steel, and polyamide materials), complex and specialized precision stamped components, welded assemblies and brass castings and cages & bronze bushings: and Solar EPC business, under which the company provide complete comprehensive turnkey solutions to all solar photovoltaic requirements and provides operations and maintenance services in the solar sector.
84GF Score

Get the complete analysis for NSE:HARSHA

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹438.85
Price
₹513.40
GF Value