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Companies›Fast Moving Consumer Goods›Fast Moving Consumer Goods›Agricultural Food & other Products

HARSHIL AGROTECH LIMITED

Fast Moving Consumer Goods › Agricultural Food & other Products
₹0.22
at close · 6 Nov 2026
▲ 0.01 (+4.76%)

Latest filings

  1. The Exchange has sought clarification from Harshil Agrotech Ltd on April 20, 2026 with reference to significant movement in price, in order to ensure that investors have latest relevant .... · Compliance
  2. We hereby inform you that the Hon''ble National Company Law Tribunal, Ahmedabad bench vide its order dated April 17, 2026 has admitted the petition filed under Section 9 of IBC, 2016 filed .... · Regulatory & Legal
  3. Submission of Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 · Compliance
All filings ↓
Ask Nexa about HARSHIL AGROTECH LIMITED

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Trades in agricultural produce — grains such as wheat and vegetables including potato, onion, tomato, green chilli, and brinjal/capsicum — supplying buyers like Heera Merchants for delivery to the Ahmedabad APMC market and buyer-designated warehouses. The trading model operates on 30% advance and 70% against delivery, with orders executed in tranches over roughly 45 days. The business showed sharp revenue volatility through FY26, with H1 revenue up about 188% year-on-year before Q3 FY26 revenue fell around 83% year-on-year and the company swung to a quarterly loss. In April 2026, the NCLT admitted an insolvency petition over unpaid operational debt arising from agricultural produce supply and appointed an interim resolution professional. Operating cash flow was deeply negative in H1 FY26, and the statutory auditor has flagged pending external confirmations on trade receivables, payables, and loans and advances.

Operating scale
FY25 revenue from operations
Rs 63.5327 croreFY25
FY25 net profit
Rs 10.3933 croreFY25
FY25 EBITDA margin
17.43%FY25
Work order from Heera Merchants (grains and vegetables)
Approximately Rs 113 crore (pre-tax)September 2025
NCLT-admitted operational debt
Rs 7.54 croreApril 2026
Total assets
Rs 118.88 croreFY25
Who pays it
Agricultural produce merchants such as Heera Merchants, with deliveries to the Ahmedabad APMC and buyer-designated warehouses
Biggest cost
Cost of agricultural produce purchased for resale; FY25 cost-shape data shows employee costs at 0.5% of revenue and other operating expenses at 1.8%
Kind of business
Small-cap, asset-light agricultural produce trading business with highly volatile quarterly revenues
Where it sits
BSE-listed agricultural commodities trader based in Ahmedabad, currently admitted to insolvency proceedings
Market Cap
₹20 Cr
P / E (TTM)
—
EV / EBITDA
—
Div Yield
—
Growth
340.1%▲
Revenue 5y CAGR
PAT — · EBITDA —
Quality
9.6%·
ROCE (5y median)
ROE 9.0% (5y median) · margin 17.3%
Leverage
0.00·
Debt / Equity · low
Net debt ₹0.22 Cr
Revenue FY20→FY25
1650.2×▲
Margin +1466.5 pts
₹0 Cr → ₹64 Cr
Cash conversion
-4.26×▼
Operating cash ÷ profit · 5 yrs
₹-53 Cr on ₹12 Cr
Moves on a normal day
2.47%·
Median daily move
Last 268 sessions · the yardstick for filing-day moves
Where it sits among 68 Other Agricultural Products peersBar = share of peers beaten · tick = industry median · latest reported figures
P/B#3/51
ROCE#30/61
ROE#25/50
Debt / Equity#7/51
EBITDA margin#57/58
Revenue growth#42/52
Profit growth#45/51

Scorecard

Measured from the filed financials, judged against its Other Agricultural Products peers · as of FY25 — not investment advice

Strengths
Revenue compounding 340% a year over 5 years
Debt at 0.00× equity
lower than 88% of its 51 Other Agricultural Products peers
Concerns
Over 5 years it reported ₹12 Cr of profit and an operating cash outflow of ₹53 Cr — -4.26×
Less than 60p of every ₹1 of profit arrived as cash
Heavy working capital — 321 days of cash tied up

Charts

How has the market priced it — with filings on the timeline?

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from HARSHIL AGROTECH LIMITED's filed financials and exchange disclosures

What does HARSHIL AGROTECH LIMITED do?

HARSHIL AGROTECH LIMITED is a Agricultural Food & other Products company listed on BSE.

Is HARSHIL AGROTECH LIMITED profitable?

No. Over the trailing twelve months HARSHIL AGROTECH LIMITED reported a net loss of ₹2.52 Cr on revenue of ₹112 Cr.

Does HARSHIL AGROTECH LIMITED pay a dividend?

Not in the latest reported year — HARSHIL AGROTECH LIMITED's dividend payout for FY25 was nil.

Is HARSHIL AGROTECH LIMITED debt-free?

No. It reported borrowings of ₹0.22 Cr on its 30 Sept 2025 balance sheet, or net debt of ₹0.22 Cr after cash. Debt stands at 0.00× equity. That is lower than 88% of its 51 Other Agricultural Products peers.

How much does the HARSHIL AGROTECH LIMITED share price move in a day?

On a typical session HARSHIL AGROTECH LIMITED moves 2.47% — that is the median absolute close-to-close move across its last 268 trading days. MarketPing measures each filing's price reaction against it.

Where can I track HARSHIL AGROTECH LIMITED's announcements?

Every NSE and BSE filing by HARSHIL AGROTECH LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.