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| Name of Company | Harita Seating systems |
| BSE Code | 590043 |
| NSE Code |
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| ICICI Code | |
| Established | 1986 |
| My Take | Dislike |
| Headquarters | Chennai |
| Promoters | A lot of Harita companies |
| Story | Manufactures only seating systems. Wholly owns Harita polymers – not sure if it has really started operations. The company 60:40 JV with Fehrer GmbH - Harita Fehrer Ltd. manufacturing locations at hosur, Ranjangaon (Pune), Nalagarh (HP), etc. |
| Sector | Auto anciliary |
| Sub-sector | Seating systems (for auto and other) |
| Website | |
| Positives | 66% promoter holding |
| Negatives | FY09 and FY10 has been loss making, though FY10 was almost no loss-no profit. The company does not have any reserves. Even when the company was profitable, the NPM's were not high (around 3-4%). 73 Cr for a loss making company (and has not made max 6 Cr profit) – seems like a high price. No Institutional holding. |
| Peers | Bosch |
| News | |
| Price @ blogged | 95 (27-Jun-10) |
Jun 27, 2010
Harita Seating systems - 590043
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