Harig Crankshafts Ltd

Harig Crankshafts Ltd

₹ 6.81 4.93%
09 Feb - close price
About

Incorporated in 1983, Harig Crankshafts Ltd manufactures automotive crankshafts designed for a variety of vehicles, including cars, light commercial vehicles, trucks, and earth-moving equipment.[1]

Key Points

Business Overview:[1]
HCL is a Noida-based automotive component manufacturer, established as a joint venture between the Pradeshiya Industrial Corporation of Uttar Pradesh, Haring India, and Deshbir Singh, with international collaboration from Germany’s Wilbelmus Import and Export Establishment. The company specializes in high-quality forged and machined crankshafts for passenger cars, LCVs, heavy trucks, and earth-moving equipment. It also produces stub axles and other critical automotive components.

  • Market Cap 7.15 Cr.
  • Current Price 6.81
  • High / Low 6.81 / 1.50
  • Stock P/E
  • Book Value -62.4
  • Dividend Yield 0.00 %
  • ROCE %
  • ROE %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Figures in Rs. Crores

Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
0.00 0.00 0.00 0.00 0.00 0.00 6.49
0.85 0.30 0.60 0.34 0.78 0.39 0.79
Operating Profit -0.85 -0.30 -0.60 -0.34 -0.78 -0.39 5.70
OPM % 87.83%
-42.35 0.00 0.00 -2.60 0.00 0.00 0.00
Interest 1.26 1.97 1.98 1.81 1.43 1.44 1.43
Depreciation 0.09 0.09 0.09 0.00 0.01 0.01 0.01
Profit before tax -44.55 -2.36 -2.67 -4.75 -2.22 -1.84 4.26
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-44.55 -2.36 -2.67 -4.75 -2.22 -1.84 4.26
EPS in Rs -1.13 -2.25 -2.54 -4.52 -2.11 -1.75 4.06
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2023 Mar 2024 Mar 2025 TTM
36.69 45.80 34.88 13.13 0.00 0.00 0.00 6.49
30.56 38.33 28.37 10.74 0.01 0.02 2.09 2.30
Operating Profit 6.13 7.47 6.51 2.39 -0.01 -0.02 -2.09 4.19
OPM % 16.71% 16.31% 18.66% 18.20% 64.56%
0.02 0.46 0.60 0.29 0.00 0.71 -44.95 -2.60
Interest 2.35 2.38 2.97 3.56 0.00 0.00 7.03 6.11
Depreciation 2.78 3.00 3.08 3.08 0.41 0.39 0.27 0.03
Profit before tax 1.02 2.55 1.06 -3.96 -0.42 0.30 -54.34 -4.55
Tax % 3.92% 1.18% 13.21% 1.01% 0.00% 0.00% 0.00%
0.98 2.52 0.92 -4.00 -0.42 0.30 -54.33 -4.55
EPS in Rs 0.03 0.06 0.02 -0.10 -0.01 0.01 -51.74 -4.32
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: %
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -3190%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Figures in Rs. Crores

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 35.85 39.36 39.36 39.36 39.36 39.36 10.50 10.50
Reserves 0.04 7.34 8.22 6.13 -56.72 -56.42 -71.93 -75.99
10.46 19.48 25.98 34.35 0.00 0.00 72.22 74.02
18.63 15.27 17.22 13.00 52.18 67.20 0.98 2.23
Total Liabilities 64.98 81.45 90.78 92.84 34.82 50.14 11.77 10.76
26.35 27.74 24.99 21.92 8.84 8.45 3.02 3.00
CWIP 1.29 3.32 18.81 21.87 23.17 23.17 1.45 1.45
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
37.34 50.39 46.98 49.05 2.81 18.52 7.30 6.31
Total Assets 64.98 81.45 90.78 92.84 34.82 50.14 11.77 10.76

Cash Flows

Figures in Rs. Crores

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2023 Mar 2024 Mar 2025
-0.62 -4.14 2.77 -7.50 0.00 -0.20 -2.55
-2.35 -6.26 -15.81 -3.08 0.00 0.71 1.56
-2.84 17.36 6.50 10.29 0.00 15.00 -14.83
Net Cash Flow -5.81 6.96 -6.54 -0.29 0.00 15.51 -15.83

Ratios

Figures in Rs. Crores

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2023 Mar 2024 Mar 2025
Debtor Days 104.26 95.16 152.15 325.53
Inventory Days 440.37 372.59 541.66 3,529.46
Days Payable 302.91 193.10 279.28 996.99
Cash Conversion Cycle 241.72 274.65 414.54 2,857.99
Working Capital Days 172.60 213.58 292.80 960.73
ROCE % 8.76% 5.77% -0.52%

Shareholding Pattern

Numbers in percentages

Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
11.91% 95.00% 95.00% 95.00% 95.00% 95.00% 90.00%
5.36% 0.30% 0.30% 0.30% 0.30% 0.20% 0.20%
0.05% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
82.67% 4.70% 4.69% 4.69% 4.69% 4.79% 9.79%
No. of Shareholders 67,05654,25442,39242,39142,39142,08143,917

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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