Harsha Engineers Limited
Harsha Engineers International Limited, founded in 1972 and listed on NSE as HARSHA, is an Indian precision engineering manufacturer of bearing cages (brass, steel, polyamide) and stamped components for global automotive and industrial OEMs, with manufacturing facilities in India, China, and Romania.
- Company typePublic
- Founded1972
- HeadquartersAhmedabad, India
- Headcount501–1,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Harsha Engineers Limited does
Harsha Engineers International Limited (NSE: HARSHA) is an Indian precision engineering manufacturer founded in 1972 by Harish Rangwala and Rajendra Shah in Ahmedabad. The company designs and manufactures bearing cages — in brass, steel, and polyamide variants — alongside precision stamped components, supplying primarily automotive OEMs and industrial machinery manufacturers. Its manufacturing footprint spans three countries (India at Changodar and Moraiya near Ahmedabad, China at Changshu, and Romania at Brasov), and it claims distribution reach across 38+ countries supported by 23+ warehouse locations. Vertical integration is a defining feature: capabilities include in-house brass foundry, tool room design and machining (using German and Japanese CNC equipment), injection moulding, casting, and a broad set of finishing processes (Vibro Finishing, Ball Burnishing, Shot Blasting, Zn/Mn Phosphating, Electroplating, Nitriding, Heat Treatment, Projection/Pressure Welding). The company holds TPM Excellence and Consistency Awards from the Japan Institute of Plant Maintenance, IATF 16949:2016 (automotive QMS), ISO 14001, ISO 50001, ISO 45001, and a TISAX label for automotive data security — certifications that materially raise the bar for new entrants in this segment.
The business operates as a B2B direct OEM supplier under a hardware-sales model, with revenue generated from sale of manufactured components. Three revenue streams are disclosed: bearing cages (the core line), stamped/specialty components, and a turnkey solar EPC business operated through wholly-owned subsidiary Harsha Abakus Solar Private Limited (consolidated under HEIL in 2021). Harsha completed a successful IPO in 2022 and reports FY2026 (year ended March 2026) consolidated revenue of Rs 1,626.79 crore (~$195M at prevailing INR/USD), up 15.57% year-over-year, with net profit of Rs 155.20 crore up 73.78% — a margin expansion that suggests operating leverage rather than price-driven growth. Customer segments are split between Automotive Industry and Industrial Manufacturing, both flagged as primary, with Solar Energy as a secondary use-case vertical.
Harsha Engineers Limited firmographics
Firmographics- Name
- Harsha Engineers Limited
- Legal name
- Harsha Engineers International Limited
- Website
- https://harshaengineers.com
- Company type
- Public
- Founded year
- 1972
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Harsha Engineers International Limited, founded in 1972 and listed on NSE as HARSHA, is an Indian precision engineering manufacturer of bearing cages (brass, steel, polyamide) and stamped components for global automotive and industrial OEMs, with manufacturing facilities in India, China, and Romania.
- Ownership category
- akta.pro rank
Where Harsha Engineers Limited is headquartered
LocationHeadquarters
- HQ city
- Ahmedabad
- HQ country
- India
- HQ region
- Asia
Offices4 records
Markets served
Harsha Engineers Limited business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Supply Chain, Personnel, Technology or R&D, Infrastructure
Revenue model
- Bearing Cages Manufacturing: Manufacturing and sale of precision bearing cages including brass, steel, and polyamide cages for various bearing applications
- Stamped Components: Precision-engineered stamping and specialty components for industrial applications
- Solar EPC Business: Turnkey solution provider for solar photovoltaics under Harsha Abakus Solar Private Limited
Distribution channels1 record
Harsha Engineers Limited product offering
Product offeringCore offering
Harsha Engineers International Limited manufactures precision-engineered bearing cages (brass, steel, and polyamide variants) and precision stamped components for automotive and industrial OEM customers globally. The company also operates a Solar EPC division through wholly-owned subsidiary Harsha Abakus Solar Private Limited, providing turnkey photovoltaic solutions. Manufacturing is performed in TPM-certified facilities in India, China, and Romania, supported by an in-house brass foundry and tool room.
Product overview
Harsha Engineers International Limited operates as a precision engineering company offering a unified portfolio of bearing cages (Brass, Steel, and Polyamide variants) and stamping components. The company, TPM certified, manufactures high-precision components for bearing applications globally. In 2021, the engineering business was consolidated with the solar EPC business under HEIL, with the Solar Division (Harsha Abakus Solar Private Limited) providing turnkey photovoltaic solutions.
Differentiator
Problem solved
Functional benefit
Products and services
- Brass Cages
Companies that use Harsha Engineers Limited
Customer profileSegments3 records
Ideal customer profiles3 records
Harsha Engineers Limited technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Harsha Engineers Limited partnerships and signals
Strategic signalScale indicators7 records
Recent moves12 records
Expansion highlights5 records
Harsha Engineers Limited competitors and assessment
Company assessmentBroad incumbents
- Timken: U.S.-headquartered engineered bearings and power transmission products manufacturer serving automotive and industrial markets. Comparable in tapered roller bearing cages and precision components.
- SKF Group: World's largest bearing manufacturer with captive cage production. Operates in the same end markets (automotive, industrial) as Harsha and is a key customer for precision bearing cages globally.
- NTN Corporation: Japanese bearing manufacturer with global production footprint, producing precision cages internally and sourcing from specialists like Harsha. Comparable in precision-engineered bearing components.
- Endurance Technologies: Indian auto component manufacturer supplying precision aluminum die-castings and suspension products to global OEMs. Comparable as a listed Indian precision component manufacturer serving similar automotive customers.
- Motherson Sumi Systems: Large Indian listed auto component supplier with global manufacturing presence serving automotive OEMs. Comparable in scale, listed status, and precision component supply to global automotive customers.
- Schaeffler Group: Global Tier-1 bearing and automotive component manufacturer that internally produces and sources bearing cages. Overlaps with Harsha as both a potential customer and a vertical integrator of similar cage technologies.
- CIE Automotive: Spanish-listed global automotive components manufacturer with significant Indian operations. Comparable as a global Tier-2/3 precision auto components supplier with diversified geographic manufacturing footprint.
Direct peers
- Bharat Forge: Indian listed precision forging and auto components manufacturer with global footprint. Comparable in precision-engineered components, automotive customer base, and large-scale Indian manufacturing.
- RSB Group: Indian manufacturer specializing in bearing cages (brass, steel, pressed steel) and automotive components, with global operations. Closest direct comparable to Harsha's core bearing-cage business and customer base.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights5 records
Customer concentration
Harsha Engineers Limited social profiles
Digital presenceHarsha Engineers Limited compliance and trust
Trust signalCompliance6 records
Harsha Engineers Limited financial estimates
Financial estimateRevenue estimate
Valuation estimate
Harsha Engineers Limited leadership team
Management profileNumber of profiles
Profiles4 records
Harsha Engineers Limited subsidiaries and ownership
Company hierarchySubsidiaries3 records
Harsha Engineers Limited funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Harsha Engineers Limited M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Harsha Engineers Limited
What does Harsha Engineers Limited do?
Harsha Engineers International Limited manufactures precision-engineered bearing cages (brass, steel, and polyamide variants) and precision stamped components for automotive and industrial OEM customers globally. The company also operates a Solar EPC division through wholly-owned subsidiary Harsha Abakus Solar Private Limited, providing turnkey photovoltaic solutions. Manufacturing is performed in TPM-certified facilities in India, China, and Romania, supported by an in-house brass foundry and tool room.
Is Harsha Engineers Limited a public or private company?
Harsha Engineers Limited is a public company. It is classified as public and is currently operating.
When was Harsha Engineers Limited founded?
Harsha Engineers Limited was founded in 1972. It employs 501 to 1,000 people.
Where is Harsha Engineers Limited based?
Harsha Engineers Limited is headquartered in Ahmedabad, India, in the Asia region.
How does Harsha Engineers Limited make money?
Three revenue lines are on record. Bearing Cages Manufacturing is the primary driver. The others are stamped Components and solar EPC Business.
Who are Harsha Engineers Limited's main competitors?
Broad incumbents on record are Timken, SKF Group, NTN Corporation, Endurance Technologies, Motherson Sumi Systems, Schaeffler Group and CIE Automotive. Direct peers are Bharat Forge and RSB Group.
Does Harsha Engineers Limited have an API?
No public API is recorded for Harsha Engineers Limited.