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Harsha Engineers International IPO- Competitive Strengths, Business Strategies, Financials, Risks: Anand Rathi

Harsha Engineers International IPO - Key Competitive Strengths, Business Strategies, Financials, Risks: Anand Rathi

<div class="paragraphs"><p>Brass ball bearing case manufactured by Harsha Engineers International Ltd. (Source: Company Website)</p></div>
Brass ball bearing case manufactured by Harsha Engineers International Ltd. (Source: Company Website)

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. 

Anand Rathi's IPO Report

Harsha Engineers International Ltd. is operating in a niche and fragmented bearing cages market which requires high degree of precision with an impressive domestic market share of 50-60% and 6.5% global market share, accompanied by its ability to provide customised and innovative solutions to global bearing players.

With over 35 years of operating history in the precision bearing cages market, brightening outlook of global automobile sector, high degree of focus on manufacturing complex and specialised precision stamped components, robust revenue and profit growth of 22% and 105% in the last three years we believe that Harsha Engineers International is well-placed to capture growth recovery in the auto/auto ancillary sector.

Click on the attachment to read the full IPO report:

Anand Rathi Harsha Engg IPO Note.pdf

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