Pls find attached unaudited financial Results of Company.
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Harshdeep Hortico Ltd, a BSE SME-listed flowerpot maker, reported strong H1 FY26 (Apr–Sept 2025) results with revenue from operations of Rs 3,264.19 lakhs, up about 31.5% from Rs 2,481.53 lakhs in H1 FY25. Profit after tax rose nearly 35% YoY to Rs 570.18 lakhs (vs Rs 422.53 lakhs), lifting EPS to Rs 3.54 from Rs 2.63. The auditor (Kailash Chand Jain & Co.) issued an unmodified review report with no qualifications. Operating cash flow was weak at just Rs 65.26 lakhs versus a PBT of Rs 688 lakhs, as inventory and trade receivables both increased sharply. Total debt fell significantly with short-term borrowings dropping from Rs 1,400 lakhs to Rs 173 lakhs, while reserves grew to Rs 3,702.76 lakhs.
Robust revenue and profit growth signal healthy demand for the company's flowerpot products, though the very low operating cash conversion (working capital absorbing most of the profit) is a watch point. Lower borrowings strengthen the balance sheet, but shareholders should track whether receivables and inventory continue to swell.