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Harmony Capital Overview

Harmony Capital Services Ltd. is an Indian publicly listed financial services company incorporated in 1994 and based in Mumbai, Maharashtra. It operates primarily in the financial services and investment advisory space, offering a wide range of services to both corporate and individual clients, including financial consultancy, lease and hire purchase syndication, bill discounting, arranging inter‑corporate deposits, bridge loans against public/right issues, preparation of feasibility reports, capital structuring, mergers and acquisitions advi...Read More

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Harmony Capital Key Financials

Market Cap ₹103 Cr.

Stock P/E -169.5

P/B 10.4

Current Price ₹84.5

Book Value ₹ 8.1

Face Value 10

52W High ₹84.5

Dividend Yield 0%

52W Low ₹ 42.4

Harmony Capital Share Price

₹ | |

Volume
Price

Harmony Capital Quarterly Price

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Harmony Capital Peer Comparison

Harmony Capital Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 0 0 0 0 0 0 0 0 0 0
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 0 0 0 0 0 0 0 0 0 0
Total Expenditure 0 0 0 0 0 0 0 0 0 0
Operating Profit -0 -0 -0 -0 -0 -0 -0 -0 -0 -0
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax -0 -0 -0 -0 -0 -0 -0 -0 -0 -0
Provision for Tax 0 0 -0 0 0 0 0 0 0 0
Profit After Tax -0 -0 -0 -0 -0 -0 -0 -0 -0 -0
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments -0 -0 -0 -0 -0 -0 -0 -0 -0 -0
Adjusted Earnings Per Share -0 -0 -0 -0.4 -0.5 -0.5 -0.6 -0 -0.1 -0.1

Harmony Capital Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 0 0 0 0 0 0 0 0 0 0 0 0
Other Income 0 0 0 0 0 -0 0 0 0 0 0 0
Total Income 0 0 0 0 0 -0 0 0 0 0 0 0
Total Expenditure 0 0 0 0 0 0 0 0 0 0 1 0
Operating Profit 0 -0 0 0 0 -0 -0 -0 0 -0 -1 0
Interest 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 -0 0 0 0 -0 -0 -0 0 -0 -1 0
Provision for Tax 0 0 0 0 0 -0 -0 -0 0 -0 0 0
Profit After Tax 0 -0 0 0 0 -0 -0 -0 0 -0 -1 0
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 0 -0 0 0 0 -0 -0 -0 0 -0 -1 0
Adjusted Earnings Per Share 0.5 -0.5 0.2 0.6 0.1 -0.3 -0.2 -0 0.3 -0.2 -2 -0.8

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 0% 0% 0% 0%
Operating Profit CAGR 0% 0% 0% 0%
PAT CAGR 0% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 87% 89% 80% 31%
ROE Average -58% -19% -12% -4%
ROCE Average -58% -19% -12% -4%

Harmony Capital Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 1 1 1 1 1 1 1 1 1 1 1
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 0 0 0 0 0 0 0 0 0 -0 -0
Total Current Liabilities 0 0 0 0 0 0 0 0 0 1 0
Total Liabilities 1 1 1 1 1 1 1 1 1 2 1
Fixed Assets 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 0 0 1 1 0 0 0 0 0 0 0
Total Current Assets 1 1 0 0 1 1 1 1 1 2 1
Total Assets 1 1 1 1 1 1 1 1 1 2 1

Harmony Capital Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 0 0 0 0 0 0 1 0
Cash Flow from Operating Activities -0 -0 0 -0 0 0 -0 -0 -0 1 -0
Cash Flow from Investing Activities 0 0 -0 0 0 0 0 0 1 -1 0
Cash Flow from Financing Activities -0 -0 0 0 0 0 0 0 -0 0 0
Net Cash Inflow / Outflow -0 -0 0 -0 0 0 -0 -0 1 -0 -0
Closing Cash & Cash Equivalent 0 0 0 0 0 0 0 0 1 0 0

Harmony Capital Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.54 -0.45 0.16 0.61 0.06 -0.33 -0.19 -0.03 0.33 -0.22 -2.02
CEPS(Rs) 0.54 -0.45 0.16 0.61 0.07 -0.33 -0.19 -0.03 0.33 -0.22 -2.02
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 4.52 4.07 4.24 4.85 4.91 4.59 4.39 4.37 4.69 4.47 2.45
Core EBITDA Margin(%) 0 0 0 0 0 0 0 0 0 -1428.13 0
EBIT Margin(%) 0 0 0 0 0 0 0 0 0 -1439.06 0
Pre Tax Margin(%) 0 0 0 0 0 0 0 0 0 -1439.06 0
PAT Margin (%) 0 0 0 0 0 0 0 0 0 -1051.56 0
Cash Profit Margin (%) 0 0 0 0 0 0 0 0 0 -1040.63 0
ROA(%) 12.49 -10.1 3.78 13.11 1.31 -6.88 -4.25 -0.59 7.09 -4.08 -40
ROE(%) 12.69 -10.47 3.92 13.48 1.32 -6.9 -4.27 -0.6 7.18 -4.89 -58.2
ROCE(%) 15.35 -10.47 4.71 16.32 1.44 -6.91 -3.85 -0.19 7.15 -6.7 -58.2
Receivable days 0 0 0 0 0 0 0 0 0 0 0
Inventory Days 0 0 0 0 0 0 0 0 0 0 0
Payable days 0 0 0 0 0 0 0 0 0 0 0
PER(x) 0 0 0 8.62 0 0 0 0 38.68 0 0
Price/Book(x) 0 1.4 0 1.09 0 1.13 1.02 2.2 2.68 13.43 0
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0 0 0 0 0 0 0 0 0 2737.94 0
EV/Core EBITDA(x) 15 -12.54 47.17 7.08 140.55 -15.05 -24.79 -1263.81 32.39 -191.72 -4.84
Net Sales Growth(%) 0 0 0 0 0 0 0 0 0 0 -100
EBIT Growth(%) 7468.29 -168.92 143.45 279.21 -90.55 -567.9 47.27 95.23 4044.29 -194.27 -556.57
PAT Growth(%) 6016.63 -183.42 136.22 275.43 -89.44 -607.1 41.54 86.4 1347.13 -168.95 -798.51
EPS Growth(%) 6031.87 -183.42 136.22 275.43 -89.43 -606.96 41.55 86.38 1345.98 -168.97 -798.4
Debt/Equity(x) 0 0 0 0 0 0 0 0.01 0 0 0
Current Ratio(x) 32.17 18.96 8.48 2.02 389.47 217.34 272.08 58.46 92.44 3.35 2.64
Quick Ratio(x) 30.99 18.19 7.25 2.02 389.47 217.34 272.08 58.46 92.44 3.35 2.64
Interest Cover(x) 0 -3859.61 894.66 4598.35 149.96 0 -8.93 -0.46 977 0 0
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0.01 0 0 0

Harmony Capital Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 73.04 73.04 73.04 73.04 73.04 73.04 73.04 73.04 0 56.65
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 26.96 26.96 26.96 26.96 26.96 26.96 26.96 26.96 100 43.35
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Harmony Capital News

Harmony Capital Pros & Cons

Pros

  • Company is almost debt free.

Cons

  • Company has a low return on equity of -19% over the last 3 years.
  • Stock is trading at 10.4 times its book value.
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