Harig Crankshaft

BSE: HARCR · Auto Components & Equipments

52W Range₹3 ₹26

Limited coverage

We are not actively covering this company or have limited coverage today. Click to request coverage.

Snapshot

Unlock Harig Crankshaft's vital signs

Growth · Profitability · Valuation · Strength · Conviction

Company Overview

Business

Harig Crankshafts Limited specialises in the manufacture of forged and machined crankshafts for the automotive and industrial sectors. The company operates a dedicated facility in Ghaziabad, producing components for tractors, commercial vehicles, and stationary engines.

Business Model

The company generates revenue through the precision engineering of steel forgings, supplying both domestic original equipment manufacturers and the aftermarket segment.

Management Commentary

Management is currently focused on navigating significant financial challenges and legal proceedings under the Insolvency and Bankruptcy Code. Operations are heavily influenced by ongoing corporate restructuring and debt resolution efforts.

Growth Outlook

Growth prospects remain constrained as the company prioritises debt resolution and corporate restructuring to stabilise its operational and trading status.

Key Risks

  • Insolvency Proceedings. The company is subject to ongoing legal proceedings under the Insolvency and Bankruptcy Code, which threatens its operational continuity.
  • Financial Instability. Significant debt burdens and financial distress have severely impacted the company's ability to maintain normal business operations.
  • Market Volatility. As an auto component manufacturer, the company is highly sensitive to cyclical demand fluctuations within the commercial vehicle and tractor segments.
  • Regulatory and Exchange Risk. The company faces potential delisting or trading restrictions on stock exchanges due to its precarious financial and legal standing.

Start your research today

Unlock AI insights, financials, peers and live data on Harig Crankshaft and 5,000+ companies — free.

Start your research

Peers · Auto Components & Equipments

CompanyMkt CapP/EEV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
Harig CrankshaftHARCR
₹27 Cr77.0%+902.7%
Triton ValvesTRITONV
₹588 Cr20.3017.6418.6%7.0%8.5%20.8%-56.7%
Munjal ShowaMUNJALSHOW
₹524 Cr21.0911.5112.3%3.3%3.7%4.8%-3.6%
Autoline Industries LimitedAUTOIND
₹404 Cr10.127.999.6%20.2%24.1%+27.6%
Omax AutosOMAXAUTO
₹403 Cr9.964.8331.8%17.2%12.2%17.5%+25.5%
PPAP AutomotivePPAP
₹367 Cr7.909.7610.7%9.5%14.7%18.6%+19.2%

As of Mar 2026

Financials