Synopsis:
Harshil Agrotech Limited’s Board, in its meeting on September 5, 2025, approved issuing bonus shares in a 10:32 ratio. The record date will be announced later.
This Penny Stock under Rs. 2, engaged in trading agricultural goods, commodities, and agri-materials, manufacturing and processing agro products, serving India’s farming and related industries, is in focus after the board approved a 10:32 bonus issue.
With a market capitalization of Rs. 97.43 crores, the shares of Harshil Agrotech Limited hit a 5 percent lower circuit of Rs. 1.37 per share on Monday, down from its previous closing price of Rs. 1.44 per share.
What is the News?
Harshil Agrotech Limited’s Board of Directors has approved issuing bonus shares in the ratio of 10:32, meaning that shareholders will receive ten new fully paid-up equity shares of Re. 1 each for every thirty-two existing fully paid-up equity shares they hold. The record date for determining eligible shareholders for bonus shares will be announced later.
Company Overview
Harshil Agrotech Limited was incorporated in 1972 and trades agricultural goods, commodities, and agri-materials. The company is involved in manufacturing agricultural products and selling them through a distributor network.
Its business process includes purchasing agricultural goods (such as wheat, rice, maize, vegetables, and fruits, including apples, red dragon fruit, potatoes, cucumber, onions, and others) from manufacturers, then selling these products to distributors who finally retail them to consumers.
The company aims to provide advanced agricultural technologies and eco-friendly solutions to help farmers and agricultural businesses improve productivity and sustainability. Harshil Agrotech focuses on innovation to enhance farmers’ performance in the agriculture sector globally.
Recent quarter results
Coming into financial highlights, Harshil Agrotech Limited’s revenue has increased from Rs. 11.37 crore in Q1 FY25 to Rs. 59.89 crore in Q1 FY26, which has grown by 426.74 percent. The net profit has also grown by 625.56 percent from Rs. 0.90 crore in Q1 FY25 to Rs. 6.53 crore in Q1 FY26.
In terms of return ratios, the company’s ROCE and ROE stand at 17.3 percent and 16.4 percent, respectively. Harshil Agrotech Limited has an earnings per share (EPS) of Rs. 0.15, and it’s a debt-free company.
Written By – Nikhil Naik
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
