Synopsis:
Shares gained after the board scheduled a meeting to consider a 10:1 bonus issue and dividend, reflecting strong growth confidence. With healthy financials and an AgriTech foray, the company strengthens operations, enhances productivity, and builds long-term shareholder value.
The share of the prominent farm management company gained up to 5 percent in today’s trading session after the company’s board scheduled a meeting to consider a bonus issue in the ratio of 10:1.
With a market capitalization of Rs 148.94 crore, the shares of Spright Agro Ltd were trading at Rs 1.39 apiece, increasing around 4.51 percent, hitting the upper price band as compared to the previous closing price of Rs 1.33 apiece.
Bonus Issue
The shares of Spright Agro Ltd have seen positive movement after the board meeting scheduled for 18 September 2025 to consider a bonus issue in the ratio of 10:1, i.e., ten bonus equity shares for every one equity share held. and a dividend of up to 100 percent on equity capital. Such proposals highlight management’s confidence in growth, strong financial performance, and commitment to rewarding shareholders. If approved, these measures could enhance investor sentiment, improve liquidity.
Furthermore, the company is planning a strategic foray into AgriTech to complement its agriculture value-chain operations. The Board will review proposals for feasibility studies, pilot projects, and partnerships across advanced technology themes aimed at boosting farm efficiency, productivity, and sustainability while aligning with regulatory frameworks and evolving market needs.
Moreover, focus areas include precision agriculture using IoT, AI/ML-driven analytics, drones for mapping and spraying, blockchain-based digital marketplaces, post-harvest supply chain technologies, and farmer-centric platforms. Additionally, pilots in controlled environments, hydroponics, and modern inputs are being considered to strengthen productivity, reduce losses, and enhance value delivery across the agriculture ecosystem.
Financial Highlights
The company reported healthy financial growth with revenue rising 17 percent to Rs 62.03 crore in Q1FY26 from Rs 52.88 crore in Q1FY25. Net profit surged 46 percent to Rs 9.15 crore, reflecting improved efficiency, stronger demand, and enhanced profitability, underscoring its solid operational performance and positive growth momentum.
Spright Agro Limited operates in the agriculture sector, offering services like contract farming, greenhouse technology, and organic farming, as well as developing and trading in various agricultural commodities.
Written by Abhishek Singh
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