MarketFriction

Harmony Capital Services Ltd

BSE 530055 · Diversified Commercial Services
₹107.80 +4.97%
BSE close2026-09-15
Market cap₹131 Cr.
P/E77.4

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales0.000.000.000.000.000.000.000.000.000.000.004.41
Expenses0.000.000.040.110.160.140.190.010.020.020.053.03
Operating Profit0.000.00-0.04-0.11-0.16-0.14-0.19-0.01-0.02-0.02-0.051.38
OPM %31.29%
Other Income0.000.000.010.000.000.000.000.000.000.000.400.00
Interest0.000.000.000.000.000.000.000.000.000.000.000.00
Depreciation0.000.000.000.000.000.000.000.000.000.000.000.00
Profit before tax0.000.00-0.03-0.11-0.16-0.14-0.19-0.01-0.02-0.020.351.38
Tax %-66.67%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Net Profit0.000.000.00-0.11-0.16-0.14-0.19-0.01-0.02-0.020.351.38
EPS in Rs0.000.000.00-0.37-0.53-0.47-0.63-0.03-0.07-0.071.171.14
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales-0.080.130.340.11-0.040.000.050.380.010.000.004.41
Expenses0.060.070.120.090.060.060.060.280.100.600.123.12
Operating Profit-0.140.060.220.02-0.10-0.06-0.010.10-0.09-0.60-0.121.29
OPM %46.15%64.71%18.18%-20.00%26.32%-900.00%29.25%
Other Income0.000.000.000.000.000.000.000.000.000.000.400.40
Interest0.000.000.000.000.000.000.000.000.000.000.010.00
Depreciation0.000.000.000.000.000.000.000.000.000.000.000.00
Profit before tax-0.140.060.220.02-0.10-0.06-0.010.10-0.09-0.600.271.69
Tax %0.00%16.67%18.18%0.00%0.00%0.00%0.00%0.00%-22.22%0.00%0.00%
Net Profit-0.140.050.180.02-0.10-0.06-0.010.10-0.07-0.600.271.69
EPS in Rs-0.470.170.600.07-0.33-0.20-0.030.33-0.23-2.000.902.17
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%%%%
Compounded Profit Growth15%45%39%438%
Stock Price CAGR%85%37%63%
Return on Equity-2%-5%-12%31%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital3.003.003.003.003.003.003.003.003.003.003.003.00
Reserves-1.64-1.78-1.73-1.55-1.53-1.62-1.68-1.69-1.59-1.66-2.26-2.00
Borrowings0.000.000.000.000.000.000.000.020.000.000.000.00
Other Liabilities0.040.060.040.050.000.010.000.000.020.560.430.17
Total Liabilities1.401.281.311.501.471.391.321.331.431.901.171.17
Fixed Assets0.000.000.000.000.000.000.000.000.000.000.000.00
CWIP0.000.000.000.000.000.000.000.000.000.000.000.00
Investments1.241.161.001.411.431.251.211.220.000.000.000.00
Other Assets0.160.120.310.090.040.140.110.111.431.901.171.17
Total Assets1.401.281.311.501.471.391.321.331.431.901.171.17
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity0.00-0.040.22-0.220.010.07-0.02-0.040.580.67-0.41-0.02
Cash from Investing Activity0.000.000.000.000.000.000.000.000.00-0.790.000.00
Cash from Financing Activity-0.03-0.010.000.000.000.000.000.02-0.020.000.000.00
Net Cash Flow-0.04-0.050.22-0.220.010.07-0.02-0.020.57-0.12-0.41-0.02
Free Cash Flow0.00-0.040.22-0.220.010.07-0.02-0.040.580.67-0.41-0.02
CFO/OP0%36%367%-77%50%-70%33%400%580%-744%68%17%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days0.000.000.000.000.000.000.00220.920.00
Inventory Days-182.500.00
Days Payable
Cash Conversion Cycle0.00-182.500.000.000.000.000.00220.920.00
Working Capital Days67.59228.12112.3132.21132.73365.00511.00768.4230,295.00
ROCE %15.69%-10.85%4.82%16.18%1.37%-7.02%-4.44%-0.75%7.30%-6.55%-57.69%32.18%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters73.06%73.04%73.04%73.04%73.04%73.04%73.04%73.04%73.04%0.00%56.64%59.37%
Public26.94%26.98%26.97%26.96%26.96%26.96%26.96%26.96%26.96%100.00%43.36%40.63%
No. of Shareholders1,4011,4731,4781,4611,4611,4591,4591,4591,4591,4521,4501,473

Fundamentals

Market Cap₹ 131 Cr.
Current Price₹ 108
Stock P/E77.4
Book Value₹ 3.33
ROCE32.2 %
ROE31.0 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)%
Compounded Profit Growth (TTM)438%
Standalone figures.
Valuation
Market capRs 131 Cr
Enterprise valueRs 131 Cr
P/E (TTM)77.36x
Price to book130.73x
EV / EBITDA76.86x
EV / EBIT76.86x
Earnings yield1.29%
P/E, 3-year average93.96x
P/B, 3-year average21.08x
P/E, 5-year average47.17x
P/B, 5-year average13.09x
Profitability
Net margin, latest quarter31.29%
ROE31.03%
ROCE32.18%
ROA23.08%
ROE, 3-year average-10.58%
ROCE, 3-year average-10.68%
ROA, 3-year average-6.74%
ROE, 5-year average-5.03%
ROCE, 5-year average-5.10%
ROA, 5-year average-2.74%
ROIC (approx.)180.85%
Other income / net worth40.00%
Growth
Profit CAGR, 3 years39.25%
Profit growth QoQ294.29%
Per share
EPS (TTM)Rs 1.39
EPS (latest year)Rs 0.90
EPS (latest quarter)Rs 1.14
EPS, 3-year averageRs -0.44
EPS, 5-year averageRs 6.39
Book value per shareRs 0.82
Cash flow per shareRs -0.02
Free cash flow per shareRs -0.02
Efficiency
Cash conversion cycle0 days
Working capital days30295 days
Leverage
Cash and bankRs 0 Cr
Net debtRs -0 Cr
Net debt / EBITDA-0.04x
Interest coverage170.00x
Owners' fund to total sources85.47%
Cash flow
Cash from Operating Activity (latest year)Rs -0 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -0 Cr
Statement figures
Sales (latest quarter)Rs 4 Cr
Operating profit (latest quarter)Rs 1 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 2 Cr
PBDT (TTM)Rs 2 Cr
Profit before tax (TTM)Rs 2 Cr
Net profit (TTM)Rs 2 Cr
Net profit (latest year)Rs 0 Cr
Net profit (latest quarter)Rs 1 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total income (latest year)Rs 0 Cr
Share capitalRs 3 Cr
ReservesRs -2 Cr
Shareholders' fundsRs 1 Cr
Total assetsRs 1 Cr
Other liabilitiesRs 0 Cr
Shares outstanding (crore)1.21
Ownership
Promoter holding59.37% (-13.67 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 130.73 is at the 94th percentile (median 12.22).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Period530055Nifty 50Difference
1 week+4.9%-2.8% +7.7 pts
3 years+209.5%+14.2% +195.3 pts
5 years+2056.0%+27.9% +2028.1 pts

Red flags

F-score 4 of 6
explainHigh accruals Profit exceeded operating cash by 25% of total assets in 2026
lookProfit leans on other income Other income was 148% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹4 Cr. Net profit ₹1 Cr +13900.0%.

Activity

Compare
CompanyMcap (Cr)P/EROCE
International Gemological Institute Limited14,01523.069.2 %
Wework India Management Ltd9,26510720.6 %
NESCO Ltd7,33117.618.5 %
Indiabulls Limited6,98014.416.2 %
NDR INVIT Trust6,91669.55.08 %
Inox Green Energy Services Ltd6,58353.78.42 %
Leap India Ltd6,0461048.34 %
Smartworks Coworking Spaces Ltd5,8712118.29 %
Nirlon Ltd5,46015.330.8 %
Quess Corp Ltd5,10919.824.0 %
Indiqube Spaces Ltd4,1486.38 %
Sanghvi Movers Ltd3,93019.215.6 %
CMS Info Systems Ltd3,67512.217.9 %
Hemisphere Properties India Ltd3,274-1.14 %
EFC (I) Ltd2,57810.019.8 %
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Harmony Capital Services Ltd?

Harmony Capital Services Ltd (530055) has a market capitalisation of Rs 131 Cr. at the 2026-09-15 close.

What is the P/E ratio of Harmony Capital Services Ltd?

Harmony Capital Services Ltd trades at a P/E of 77.4 on trailing twelve-month profit, at the 2026-09-15 close.

What were Harmony Capital Services Ltd's latest quarterly results?

In the Jun 2026 quarter, Harmony Capital Services Ltd sales was Rs 4 Cr and net profit was Rs 1 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03